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STATEMENT OF BENEFITS FORIV 58 -4 I PP
<br />PERSONAL PROPERTY -- --
<br />• State Form 51764 (R 11 -06) PRIVACY NOTICE
<br />Prescribed by the Department of Local Government Finance
<br />The cost and any spedfic individual's
<br />salary information Is confidential; the
<br />balance of the filing is public record
<br />INSTRUCTIONS: per IC 6- 1.1- 12.1 -5.1 (c) and (q .
<br />1, This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires
<br />information from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise this statement must be submitted
<br />to the designating body BEFORE a person installs the new manufacturing equipment and/or research and development equipment, and/or logistical distribution
<br />equipment and/or information technology equipment for which the person wishes to claim a deduction, 'Projects" planned or committed to after July 1, 1987,
<br />and areas designated after July 1, 1987, require a STATEMENT OF BENEFITS. (iC 8 -1,1 -12.1)
<br />2. Approval of the designating body (City Council, Town Board, County Council, etc.) must be obtained prior to installation of the new manufacturing equipment
<br />and /or research and development equipment andlor logistical distribution equipment and /or information technology equipment, BEFORE a deduction may
<br />be approved
<br />3. To obtain a deduction, a person must file a certified deduction schedule with the person's personal property return on a certified deduction schedule (Form
<br />103 -ERA) with the township assessor of the township where the property is situated. The 103 -ERA must be filed between March 1 and May 15 of the
<br />assessment year in which new manufacturing equipment and /or research and development equipment and /or logistical distribution equipment and /or
<br />informatlon technology equipment is Installed and fully functional, unless a riling extension has been obtained. A person who obtains a filing extension must
<br />file the form between March 1 and the extended due date of that year.
<br />4. Property owners whose Statement of Benefits was approved after June 30, 1991, must submit Form CF -i I PP annually to show compliance with the
<br />Statement of Benefits. (IC 6-1.1- 12.1 -5,8)
<br />5. The schedules established under IC 6- 1.1- 12,1-4,5(d) and (e) apply to equipment installed after March 1, 2001. For equipment installed prior to March 2,
<br />2001, the schedules and statutes in effect at the time shall continue to apply. (IC 6- 1.142.1- 4,5(f) and (g))
<br />Name of taxpayer
<br />McCormick and Company, Inc.
<br />Address of taxpayer (number and street, city, state, and ZIP code)
<br />18 Loveton Circle, Sparks, MD 21152
<br />Name of contact person Telephone number
<br />Deldre Cassidy (410) 771 -7381
<br />e • a s 1 e • -e•• m •-•
<br />Name of designating body Rewtution number (s)
<br />Location of property County DLGF taxing district number
<br />3425 West Lathrop Drive, South Bend, IN St. Joseph
<br />Description of manufacturing equipment and/or research and development equipment ESTIMATED
<br />and/or logistical distribution equipment and /or information technology equipment,
<br />(use additional sheets if necessary) START DATE COMPLETION DATE
<br />Additional manufacturing equipment amounting to Manufacturing Equipment 09/01/2010 05/31/2011
<br />appro, imately $1,36,11,173 will be acquired R g, D Equipment
<br />including fork lifts, coolers, racking,
<br />computers and furniture and fixtures Logist Dist Equipment
<br />IT Equipment 09/01/2010 05/31/2011
<br />Current number Salaries Number retained Salaries Number additional Sataries
<br />123 6,288,988.00 123 6,288,988.00 5 177,247.00
<br />e 040091M=h s ■•e ■ •-s
<br />NOTE: Pursuant to IC (d) t3 1,1- 12,1 -5.1 (2) the MANUFACTURING R & D EQUIPMENT LOGIST DIST IT EQUIPMENT
<br />( EQUIPMENT EQUIPMENT
<br />COST of the property is confidential. COST ASSESSED COST ASSESSED COST ASSESSED COST ASSESSED
<br />VALUE VALUE VALUE VALUE
<br />Current values 20.808,93240 7,493,430.00 685,405.00 228,874.00
<br />Plus estimated values of proposed project 1.176,229.00 taffy 00
<br />Less values of any property being replaced 0.00
<br />Net estimated values upon completion of project 21.9a8.221.00 871,349.00
<br />a e • ia• -r 1:
<br />Estimated solid waste converted (pounds) Estimated hazardous waste converted (pounds)
<br />Olher benefits:
<br />None with current project. Wast water facility previously built to treat H2O
<br />l hereby certify that the representations In this statement are true.
<br />igna of hors ad repmsen v Title Dated red (month, day, year)
<br />C Director - State cal Tax >t
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