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05-26-15 Agenda, Packet & Committee Meeting Notice
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05-26-15 Agenda, Packet & Committee Meeting Notice
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5/21/2015 12:45:21 PM
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
5/26/2015
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Fsaea in uerk's orrice <br />I <br />STATEMENT OF BENEFITS MAY 1 2 2015 <br />PERSONAL PROPERTY FORM SB -1 / PP <br />- Slate Form 51764 (R2 / 12 -11) e <br />Prescribed by the Department of Local Government Financ JOHN V00fi 1E <br />CITY CLERK, SOUTH SEND, IN PRIVACY NOTICE <br />---. -+ Te wstandany spaclBc individual's <br />as intonnotion is confldenti'a the <br />la he firing is publfc record <br />INSTRUCTIONS: C -1.1- 12.15.1 (c end 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 BEFOREe person installs the new manufacturing equipment and/orresearch and deve /opmentequipment and/orlogistcal 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 6 -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 and/orlogistical distribution equipment and /orinformation technology equipment, BEFOREa deduction may <br />be approved <br />3. To obtain a deduction, a person must rile 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 properly is situated or with the county assessor if there lane township assessor for the <br />township. The 103 -ERA must be filed between March 1 and May 15 of the assessment year in which new manufacturing equipment and /orresearch and <br />development equipment and /or logistical distribution equipment and /or information technology equipment is installed and fully functional, unless a filing <br />extension has been obtained. A person who obtains a filing extension must file the form between March f and the extended due date of that year. <br />4- Property owners whose Statement of Benefits was approved after June 3o, 1991 <br />Statement of Benefits. (IC 64,1- 12.1 -5.6) , must submit Form CF-1 / PP annually to show compliance with the <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, unless an alternative deduction schedule fs <br />adopted by the designating body (IC 6-1.1- 12.1 -17). <br />. of taxpayer <br />bin. Incorporated <br />wa�nuta �a ouftemne afrJUl(eat city. state, and ZIP code) <br />of contact person <br />chalak <br />of designating body <br />Dilt, Inwrporsted <br />m of property <br />Nalout St. <br />iption of manufacturing equipment and /or research <br />logistical distribution equipment and /or information tecl <br />tools: Turret Lathe and Swissetyle lathes- mul"pindle, multia68, Machining Center -5 axis milling <br />number (s) <br />Joseph I ul-ur taxing Minot number <br />START DATE COMPL <br />Manufacturing Equipment 611/15 12/31/15 <br />R & D Equipment <br />Logisl Dist Equipment <br />IT Equipment <br />rage 1 014 <br />NOTE; Pursuant to IC 6 -1.1- 12.1.5.1 ( d ) () 2 the <br />MANUFACTURING <br />R 8 D EQUIPMENT <br />LOGIST DIST <br />COST of the property is confidential. <br />EQUIPMENT <br />EQUIPMENT <br />IT EQUIPMENT <br />COST ASSESSED <br />VALUE <br />COST ASSESSED <br />VALUE <br />COST ASSESSED <br />COST ASSESSED <br />Current values <br />615176 <br />VALUE <br />VALUE <br />Plus estimated values of proposed project <br />Less values of any property being replaced <br />o <br />Net estimated values upon completion of project <br />S (, <br />•. .. <br />rage 1 014 <br />
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