Laserfiche WebLink
'~• ~~~ STATEMENT OF BENEFITS <br />~~ ~ PERSONAL PROPERTY AMENDED <br />Stale Form 51764 (R I 1-06) <br />~ ' '• ~ Prescribed by the Department of Local Government Finance <br />INSTRUCTIONS: <br />FORM SB-1 1 PP <br />PRIVACY NOTICE <br />The cost and any specific individual's <br />salary information is confidential; the <br />balance of the filing is public record <br />per IC 6.1.1.12.1-5.1 (c) and (d). <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 inlonnation technology equipment for which the person wishes to claim a deduction. "Pro)ects"planned or committed to after Juty 1, 1987, <br />and areas designated afterJuly 1, 1987, require a STATEMENT OF BENEFITS. (IC 6.1.1-12. f) <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 and/or 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 persona[ 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 tiled 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 />information technology equipment is installed and fully functional, unless a filing extension has been obtained. A person who obtains a filing extension must <br />file the form between March 1 and the extended due date o/that year. <br />4. Property owners whose Statement of Benefits was approved after June 30, 1991, must submit Form CF-1 / PP annually to show compliance with the <br />Statement of Benefts. (IC 6-1.1-12.1-5.6) <br />5. The schedules established under !C 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 6-1.1-f2.1-4.5(7) and (g)) <br />~ •- ~ <br />Name of taxpayer <br />McCormick and Company, Inc. <br />Address of taxpayer (number and street, city, stale, and Z1P code) <br />18 Loveton Circle, Sparks, MD 21152 <br />Name of contact person <br />Deidre Cassidy Telephone number <br />(470) 771-7381 <br />Name of designating body Resolution number (s) <br />Location of property <br />3425 West Lathrop Drive, South Bend, IN County <br />St. Joseph DLGF taxing district number <br />Description of manufacturing equipment and/or research and development equipment ESTIM ATED <br />and/or logistical distribution equipment and/or information technology equipment. <br />(use additional sheets if necessary) START DATE COMPLETION DATE <br /> <br />We are expanding the investment in personal property Manufacturing Equipment 09/01/2010 01/01/2012 <br />through the purchase of additional packaging equipment R $ D Equipment <br />allowing us to sort, fill, wrap and palletize plastic bottles Logist Dist Equipment <br />for IlgUld marlnadeS. IT Equipment <br />Current number Salaries Number retained Salaries Number addi[ionat Salaries <br />133 6,718,833.00 133 6,718,833.00 14 483,101.00 <br />NOTE: Pursuant to IC 6-1.1-12.1-5.1 d 2 the <br />( ) () MANUFACTURING <br />EQUIPMENT R $ D EQUIPMENT LOGIST DIST IT EQUIPMENT <br />EQUIPMENT <br />COST of the property is confidential. <br />** Please see attachment COST ASSESSED <br />VALUE COST ASSESSED <br />VALUE COST ASSESSED COST <br />VALUE ASSESSED <br />VALUE <br />Current values zo,no9,99z.oo 7,439,430.00 685,405.00 225,674.00 <br />Plus estimated values of proposed project 7,950,655.00 185.944.00 <br />Less values of any property being replaced o.oo <br />Net estimated values upon completion of project <br />• • z5.7so,sa7.oo <br />~ <br />~ • <br />• <br />• ~ e7t,34s.oo <br />Estimated solid waste converted (pounds) Estimated hazardous waste converted (pounds) <br />O[her benefits: <br />None with current project. Wast water facility previously built to treat H2O <br />I hereby certify that the representations in this statement are true. <br />Si uthori;ed representativ Title <br />~ ~ Director -State & Local Tax Date signed (month, day, year) <br />a ~ I I <br />U <br />