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RESOLUTION NO. q ZJV1—(J <br />A RESOLUTION WAIVING THE REQUIRED FILING DATE OF MAY 15, 2013 AND <br />ACCEPTANCE OF THE DEDUCTION APPLICATION OF THE LATE FILING OF <br />DEDUCTION APPLICATION FOR THE NEW REAL PROPERTY ADDITION <br />LOCATED IN AN ECONOMIC REVITALIZATION AREA FILED UNDER <br />RESOLUTION 4077 -11 FOR MCCORMICK AND COMPANY, INC. LOCATED AT <br />3425 W. LATHROP DRIVE <br />Whereas, The State of Indiana, County of St. Joseph, Adopted by the Common council <br />of the City of South Bend, Indiana commonly known as 3425 W. Lathrop Drive, South <br />Bend, Indiana had adopted Resolution 4077 -11, pursuant to Indiana Code 6 -1.1 -12.1 to <br />be an economic revitalization area for purposes of an eight (8) year real tax abatement <br />for McCormick and company, Inc. <br />Whereas, Resolution 4077 -11 was presented and adopted by the Common Council on <br />January 24, 2011. <br />Whereas, Ms. Deidre Cassidy, Director of State and Local Tax for McCormick and <br />Company, Inc. states that the Application for Deduction from Assessed Valuation for <br />New Manufacturing Equipment in Economic Revitalization area (Form 322) was never <br />received by McCormick and Company, Inc. <br />Whereas, the Auditor's Office states that it has never received the required Form 322. <br />Whereas, the tax bill which was to have been 100% abated results in a tax being due of <br />Now, therefore be it resolved by the Common Council of the City of South Bend, Indiana <br />as follows: <br />SECTION 1. The petitioner has presented testimonial evidence of the following facts in <br />support of this resolution: <br />A. The Department of Community Investment Department cannot find the required <br />Form 322 in the department files. <br />B. The stated property cannot afford this large tax bill at the present time. The 2012 <br />taxes payable 2013 would be $44,844.34 with the abatement and $117,742.72 without <br />the abatement. <br />C. McCormick and Company, Inc has met or exceeded all financial goals stated in <br />their original petition for a tax abatement. The initial cost of the project was estimated to <br />be $5,894,948 and the actual cost was $7,721,643. The company committed to <br />creating five (5) new permanent full time jobs with a payroll of $177,240 and they have <br />created twelve (12) additional jobs with a payroll of $545,958. The company was to <br />