08-11-08 Council Meeting Agenda & Packet

Home Browse Search

~ STAaE~~~~~ ~F ~~&~?~~? i ~ - State Form 27167 (R7 / 12-01) ~ ~• °rescribed by the Depanment of local Government Finance s=~~€~ ~~-`~ INSTRUCTIONS: 1. This statement must be submitted to the body designating the economic revitilization area prior to the public hearing if the designating body requi,~es infor- mation from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise this statement must be submitted to the designating bodyy BEFORE a person installs the new manufacturing equipment and / or research and development equipment, er BEFORE the redevelopment or rehabilitation of real property for which the person wishes to claim a deduction. "Projects"planned crcommitted to aRerJuly i, 1987 and areas designated slier July 1, 1987 require a STATEMENT OF BENEFITS. (IC 6-1.1-12.1) 2. Approval of the designating body (City Council, Town Board, County Council, etc.) must be obtained prior to initiation of the redevelopment or rehabilitation, or prior to installation of the new manufacturing equipment and / or research and development equipment, BEFOREa deduction may be approved. 3. To obtain a deduction, Form 322 ERA, Real Estate Improvements and l or Form 322 ERA! PPME and l or 322 ERA l PPR & DE, must be filed with the county auditor. With respect to real property, Form 322 ERA must be filed by the titer of.• (1) May 10; or 2) thirty (30) days aRer a notice of increase in rsa! property assessment is received from the township assessor. Form 322 ERA /PPME and / or 322 ERA f~f~R & DE must be filed between March 1 and May 15 of the assessment year in which new manufacturing equipment and / or research and development equipment becomes assessable, unless a filing extension has beer, obtained. A person who obtains a filing extension must file the form between March i and the extended due date of that year. 4. Property owners whose Statement of Benefrts was approved aRer June 30, 199 i must submit Form CF - 1 annually to show compliance with the Statement of Benefrts. (IC 6-i. i-J2.1-5.6) 5. The schedules established under IC 6-1.1-12.1-4(dJ and IC 6-1.1-12.1-4.5 (e) effective July 1, 2000 apply to any statement of benelits filed on or aRer July 1, 2000. The schedules effective prior to July 1, 2000 shall continue to apply to those statement of benefits filed before July 1, 2000. •' • • Name of taxpayer ' Cleland Builders, Inc. Address of taxpayer (street and number, city, state and ZIP code) 1117 Lincolnway West Mishawaka, IN 46545 Name of contact person Telephone number Lance Cleland, President (574) 252-2427 ~ • • ~ ~ • • -~-e ~ •'• Name of designating body Resolution number City of South Bend Common Council Location of property South- side of Brick Road, 1/2 county Taxing district mile East of Ma flower Road St. Jose h German Description of real property improvements and / er new manufacturing equipment and 1 or ESTIMATED research and development equipment (use additional sheets if necessary) .Start Date Completion Date Construction of 11 single family homes in Real Estate ' 7/1/2008 7/1/2013 Jade Crossing, Section One New Mfg Equipment N/A R 8 DE N/A - -.•. •-. Number retained Current number Salaries Salaries Number additional Salaries -0- N/A N A N A N NOTE: Pursuant to IC 6-1.1-12.1-5.1 (d) (2) the Real Estate Improvements Research and Development Machinery Equipment COST of the property is confidential. Cost Assessed Value Cost Assessed Yaiue Cost Assessed Yalue Current values 26 , 200 Pius estimated values of proposed project Less values of any property being replaced N A Net estimated values upon completion of project 1, 815, 000 ~g'~~ ~. Estimated solid waste converted (pounds) Estimated haz rdo s''~v -~ Sifed (pounds) ~, 3 Other benefits: - ` ~-- 't ~~ Cl~ ` _ I h by certify that the representations in this statement are true. _ Signature ffauthorized pre ati ,s ~~ ~ i / L Title President, Date signed (month, day, year) leland Homes, Inc. /~~ •~~~ , ~ • ~/ ~ A ~' %// ~ ~ (v , Y