Laserfiche WebLink
Personal Property <br /> Year Abatement <br /> 1 100% <br /> 2 80% <br /> 3 60% <br /> 4 40% <br /> 5 20% <br /> WHEREAS, St. Joseph County Assessor's office issued a Notice of Assessment <br /> dated as of January 1, 2016 with respect to the Personal Property; and <br /> WHEREAS, the Company field a timely Business Tangible Personal Assessment <br /> Return (Form 103- Long) with the Assessor for St. Joseph County prior to the deadline of <br /> May 15, 2016. <br /> WHEREAS, a Schedule of Deduction from Assessed Valuation Personal Property <br /> In Economic Revitalization Area ("Form 103-ERA") must be filed with the St. Joseph <br /> County Assessor (the "Assessor") before May 15 in the year in which the addition to <br /> assessed valuation (or new assessment) is made, or not later than thirty (30) days after the <br /> Notice of Assessment of Land and Improvements(Form 11) (the "Notice of Assessment") <br /> is mailed to the property owner if it is mailed after April 10; and <br /> WHEREAS, along with the Form 103-ERA, a Form CF-1/Personal Property is <br /> required to be attached, and in the case of first-time filings, the applicable SB-1 and <br /> Resolution from the South Bend Common Council must be filed with the Assessor; and <br /> WHEREAS, the Company filed a Form CF-1/Personal Property with the City of <br /> South Bend on or about March 11, 2016, however,the Company inadvertently did not file <br /> with the Assessor the Form 103-ERA and required attachments with it; and <br /> WHEREAS, the Company subsequently received a Tax Bill in April 2017 (the <br /> "Tax Bill") providing that the spring installment of 2016 personal property taxes on the <br /> Parcel was due May 10, 2017; and <br /> WHEREAS, the Tax Bill, without the application of the abatement previously <br /> approved by the Common Council, results in a personal property tax being due of <br /> $5,498.40; and <br /> WHEREAS, the Company timely remitted payment of$2,749.20 to the St. Joseph <br /> County Treasurer prior to the May 10, 2017 due date for Spring Taxes; and <br /> WHEREAS, the Company filed the Form 103- ERA, along with a Form 103-EL, <br /> with the Assessor on July 18, 2017, and <br /> 2 <br />