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03-14-16 Council Packet & Agenda
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03-14-16 Council Packet & Agenda
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STATEMENT OF BENEFITS <br />PERSONAL PROPERTY <br />Stale Form 51764 (R2 / 12 -11) <br />Prescribed by the Department of Local Government Finance <br />INSTRUCTIONS. <br />FORM S 34 I PP <br />PRIVACY NOTICE <br />The cost and any aFPaciricindiv duars <br />salary information is confidential; the <br />balance of the tiling is public record <br />_per IC 61.1- 12.t -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 fts decision about whether to designate an Economic Rev lalization Area. Otherwise this statement mustbe 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 /orinformation 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 />andlor research and development equipment andlor logistical distribution equipment andlor information technology equipment, BEFORE a deduction may <br />be approved <br />S. To obtain a deduction, a person must file a certified deduction schedule with the persons personal property return on a certffled deduction schedule (Form <br />103 -ERA) with the township assessor of the township where the property is situated or with the county assessor If there is no township assessor for the <br />township. The 103 -ERA must be tiled between March 1 and May 15 of the assessment year in which new manufacturing equipment and/or research 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 1 and the extended due date of that year. <br />4. Property owners whose Statement of Benefits was approved alter June 30, 1991, must submit Form CF-1 / PP annually to show compliance with the <br />Statement of Benefits. <br />5. The schedules established under 1C 8-1.1- 12.1- 4.5(d) and (e) apply to equipment installed after March 1, 2001, unless an alternative deduction schedule is <br />adopted by the designating body (IC 6-1.1- 12.1 -17). <br />SECTION •• • <br />Name of taxpayer <br />SPECTRON rnrc, LLC; SPECTRON LAND, LLC; SPECTRON EQUIPMENT, LLC <br />Address of taxgayereum�erSjddstreet itt,�rr fate, and Zip code) <br />17490 Ougdale rive; outh en , n Tana 4�b35s <br />Name of contact person <br />Telephone number <br />Gregory S. Hiatt <br />574 - 271 -2800 <br />SECTION 2 LOCATION AND DE$CRIPTION OF PROPOSED PROJECT <br />Name of designating body <br />Resolution s <br />number ( ) <br />City of South Bend <br />Location of properly <br />Catalyst Two, Ignition Park; South Bend, Indiana <br />County <br />South Bend <br />DLGF taxi n9 district number <br />Description of manufacturing equipment and /or research and development equipment <br />and /or logistical distribution equipment and /or information technology equipment. <br />ESTIMATED <br />(use additional sheets if necessary) <br />START DATE COMPLETION DATE <br />Manufacturing Equipment May 16, 2016 June 13, 2016 <br />R & D Equipment <br />May 30, 2016 June 13, 2016 <br />MANUFACTURING: 15 MeV Cyclotron to produce radionuclides, Targets for Cyclotron, Solid target transport eyelet <br />Logist Dist Equipment <br />June 13, 2016 July 11, 2016 <br />tT r— a...,,.....a <br />I -- -- - <br />Page 1 of 2 <br />
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