HomeMy WebLinkAbout19-21 Chase Plastics Confirming Personal Property Tax Abatement Filed in Clerk's OffiCe
APR 0 3 2019
KAR
FCIti/1�H Ft}'vVLER
'`1t, CITYCLF lK SOUT62;9 END,IN
CITY OF SOUTH BEND
CO AMU \ ITY INVEST1IE\T
Council Member Gavin Ferlic, Chairperson April 3, 2019
Community Investment Committee
South Bend Common Council
4th Floor, County City Building
South Bend, IN 46601
RE: Personal Property Tax Abatement Petition for: Chase Plastics Services, Inc.
Dear Council Member Ferlic:
Please find attached the Department of Community Investment's report on a personal property tax
abatement petition for the above-referenced petitioner. Also attached is a copy of the petition,Statement of
Benefits form, and supporting information. The project calls for the acquisition and installation of new
equipment as part of the company's planned increase in productive capacity at their distribution center at
5245 Dylan Drive, South Bend.
The report contains the Department's findings relative to the above petition. Chase Plastics will be
purchasing and installing new equipment.The total project cost for the equipment is estimated at$823,000.
The project meets the qualifications for a(5)five-year personal property tax abatement and a representative
from Chase Plastics Services will be available to meet with the Committee on Monday,April 8th, 2019.
Should you or any of the other Council members have any questions concerning the report, or need
additional information,please feel free to call me at 235-95823.
Sin •rely,
1. �
Daniel :ucke eyer
Director Economic Resources&Business Development
DANIELJ.BUCKENMEYER ALKEYN.A ALDRIDGE PAMELA MEYER TIM CORCORAN
BUSINESS DEVELOPMENT ENGAGEMENT&ECONOMIC EMPOWERMENT NEIGHBORHOOD DEVELOPMENT PLANNING&COMMUNITY RESOURCES
EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT
1400S County-City Building 227 W.Jefferson Blvd. South Bend,Indiana 46601 p 574.235.9371 www.southbendin.gov
TAX ABA TEME, T REPOR T
TO: South Bend Common Council
FROM: Angelina Billo
SUBJECT: Personal Property Tax Abatement Petition For: Chase Plastics Services, Inc.
DATE: April 2, 2019
On March 25,2019 a petition for personal property tax abatement consideration for property located at
5245 Dylan Drive, South Bend,is filed with the City Clerk by Chase Plastics Services, Inc. Pursuant to
Chapter 2,Article 6, Section 2-84.2 of the Municipal Code of the City of South Bend,this petition was
referred to the Department of Community Investment for purposes of investigation and preparation of a
report determining whether the area qualifies as an Economic Revitalization Area pursuant to
I.C.6-1.1-12.1 and whether all zoning requirements have been met.
The Department of Community Investment has reviewed the petition (a copy of which is attached),
investigated the area, and makes the following report.
PROJECT SUMMARY
• Chase Plastics, a leading North American full-service specialty engineering thermoplastics
distributor serving plastic processors throughout North and Central America, is planning to
purchase and install new equipment at their distribution. Total estimated cost of equipment is
approximately$823,000. The equipment will include storage racking, blending equipment and
folk lifts.
• Petitioner is qualified for a five-year personal property tax abatement.
• Total taxes phased-in during a (5) five-year abatement period are estimated at $25,980. New
project taxes will be $21,918. Total taxes to be paid over five years on the new and existing
equipment are estimated at$31,859.
EMPLOYMENT IMPACT
Per this petition,the company will have nineteen(19)full-time jobs with an annual payroll of$775,384 by
the end of 2019. It is estimated that in ten years the business will create twelve(12)new,permanent full-
time positions and zero(0)part-time positions with an annual payroll of$475,280.
ABATEMENT QUALIFICATION
1. A review of the tax abatements previously granted, finds that the petitioner, Chase Plastics
Services, Inc has been granted or associated with one previous abatement.
Term/Type Resolution No. Date
5-year personal property 4405-14 11/12/2014
2. The Area Plan Commissioner has reviewed the petition and finds the property to be properly zoned
for the proposed project.
3. The Building Commissioner has reviewed the petition and finds no building permit was issued.
4. A review of the South Bend Redevelopment designation areas finds that the property is located in
the River West Development Area.
5. A review of the Tax Abatement Ordinance No. 9394-03 finds that the petitioner meets the
qualifications for a(5)five-year personal property tax abatement under section 2-84.2,Tangible
Personal Property Tax Abatement.
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Filed in Clerk's Office
BILL NO. 19-21 APR 0 3 2019
RESOLUTION NO. KAREEMAH FOWLER
CITY CLERK,SOUTH BEND,IN
A RESOLUTION CONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY
KNOWN AS
5245 Dylan Drive, South Bend, IN 46628
AS AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A FIVE (5) YEAR PERSONAL
PROPERTY TAX ABATEMENT FOR
Chase Plastics Services, Inc.
WHEREAS, the Common Council of the City of South Bend, Indiana, has
adopted a Declaratory Resolution designating certain areas within the City as Economic
Revitalization Areas for the purpose of tax abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area commonly known as
5245 Dylan Drive, South Bend, Indiana, and which is more particularly described as
follows:
Business Personal Property
and which has Key Numbers to be assigned and be designated as an Economic
Revitalization Area; and
WHEREAS, notice of the adoption of a Declaratory Resolution and the public
hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5;
and
WHEREAS, the Council held a public hearing for the purposes of hearing all
remonstrances and objections from interested persons; and
WHEREAS, the Council has determined that the qualifications for an economic
revitalization area have been met.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
South Bend, Indiana, as follows:
SECTION I. The Common Council hereby confirms its Declaratory Resolution
designating the area described herein as an Economic Revitalization Area for the
purposes of tax abatement. Such designation is for personal property tax abatement only
and is limited to three (3) calendar years from the date of adoption of the Declaratory
Resolution by the Common Council.
SECTION II. The Common Council hereby determines that the property owner is
qualified for and is granted personal property tax deduction for a period of five (5)
years as shown by the schedule outlined below as well as the attachment pursuant to
Indiana Code 6-1.1-12.1-17 and further determines that the petition, the Memorandum of
Agreement between the Petitioner and the City of South Bend, and the Statement of
Benefits comply with Chapter 2, Article 6, of the Municipal Code of the City of South
Bend and Indiana Code 6-1.1-12 et seq.
Year 1 - 100%
Year 2 - 90%
Year 3 - 80%
Year 4 - 70%
Year 5 - 60%
SECTION III. This Resolution shall be in full force and effect from and after its
adoption by the Common Council and approved by the Mayor.
Tim Scott, Council President
South Bend Common Council
City of South Bend
Petition for Incentives ;, iFp��ryi 2119
Petition must include a$250 filing fee payable to the City Clerk's Office or online via the City's website at
http://southbendin.gce/government/content/lox-abatementbefore processing can be complete jt: ' ,ti,. --
General Information Project Name Project Numb E%I I Y, ;'.( �!i) !r,`
Legal name as registered with Secretary of CBK Land Development LLC,Real Property)Chase Plastic Services, Inc.(Personal Property)
State
Business structure Limited Liability Company/Corporation
Company website
www.chaseplastics.com
Proposed Project Information
Proposed project address 5245 Dylan Drive Parent company name Chase Plastic Services, Inc.
City,State.Sip South Bend, IN 46628 legal owner CBK Land Development
Site acreage or acreage required Is the real estate owned or Owned
leocort
19.55 Acres
Square feet of facility 1 78,880 sq. ft. addition If leased by whom N/A
Primary Contact information
Primary company contact name Robert Hoff "'le Business Process Manager
Address of company contact 6467 Waldon Center Dr. phone 248-620-8302
City,State,Zip Clarkston, MI 48346 Email bhoff@chaseplastics.com
Senior Offlclatinformation
Company senior official esme Kevin Chase Title
President
Address ofcompany contact(if different from Same as Above phone 248-620-2120
above)
City,Stale,Zip Same as Above Email kchase@chaseplastics.com
Consultant Information/Agent
Hired business consultant/agent name Majority Builders,Inc.-Rick Slagle Consultant release Yes
Address 62900 U.S. 31 South Local economic development partners Yes
approvaltY1N
City State,tip South Bend, IN 46614 Email jrick@majoritybuilders.com
Project Overview
Brief description of your
company,project.and why the Chase Plastics is a leading North American lull-service specialty engineering thermoplastic distributor
property is necessary for serving plastics processors throughout North and Central America.This application is submitted due to
economic growth Chase Plastics'desire to expand its current 126,000 sq.ft distribution center by an additional estimated
80,000 sq.ft.
Atter erecting our existing building in 2015,business conditions have put our operation at near capacity
causing the need to expand and maximi:a the use at the previously purchased land,With this expansion,
vie will add additional!luck duck doors and increase our overall volume by 65%.
CHASE PLASTIC SERVICES,INC.WILL CONTINUE TO BE THE TENANT OF THE BUILDING
LEASING FROM THE BUILDING OWNER CBK LAND DEVELOPMENT L.I.C.THE OWNERSHIP OF
THESE TWO ENT ITiES ARE CLOSELY HELD.
Certified Technology Park appropriate
Is the project In a Tax Incremental financing
jiff)area?It so.whldi?
Certify that the BWldleg•Permlt has not been Number of restde ntial units created by
issued NY/NI protest
If this Is a petition for personal property tax abatement,has
the eouipment been Installed
Investment Details
Public Infrastructure needs(Orf- Has any Sal funding been What is the vaiue of any equipment bang purchased in What is the value of any equipment being
site of protect In dollars) received? .ndlana lcr the project i purchased from out of state far the protect?
New Project Investments
Calendar Year 2019 2020 2021 2022 2023 2024 2025 2026
land Acquisition
Building lease Payments --- ---
Building Purchase Casts -- I
New Building Construction -'
Existing Building Improvements S 3,600,000.CO
New Machinery d,Equipment $457,000.09 $90,000.00 $53,000,00 $G0,000.00 $1C.300.00 $35,300.00 510,000.00 •r
5peclal Tooling/Retooling
Now Furniture/Fixtures $8,000.00 $2,500.00 $5,000.00
New Computer/IT Hardware $20.000.00 $23,000.00 5 10,000.00 $10,000.00
New Software
$5,000.00 $-3,000.00 $10,020 LL $15,000.00
Onsite Rall Infrastructure
On-sno Fiber Infrastructure
TOTAL s 4.Oo0,000.Oo $124.000 00 $56,500.00 180,000.00 3 10,000.00 $40,000.00 $$5,000.00 $36,000.00
Full-Time Permanent Indiana-Resident Positions by Calendar Year
Calendar Year Jobs retained !Total hourly Cumulative,of net NEW full time Hourly average wage,w/o Total training Total p to be
wage w/o permanent jobs created at project benefits or bonuses,of expenditure- trained-not
fringe or cumulative net new jobs not cumulative
bonuses cumulative
2019 18 19.62 1
2020 2 17.00
2021 i
2022 1 19.00
2073 0 17.50
2024 2 19.50
2025 1 20.00
2026 1 18.50
2027 0
2020 2 _ 20.50
2029 1 19.00
2030 1 2.1.00
Provide hourly wage information for new employees in the following positions.
Full time Part erne
Laborers 17.00
Technical
Managerial
Administrative 18 50
III
Who will be the individual responsible for coordinating with
WorkOne on recruiting?
Ones your company have en EEO hiring policy? Yes Are you an EEO employer? Yes
Please list the number of full time and part time minority and/or female employees for each of Pleasedescdbe your commitment to '
the last three years; diversity and ktdusfon by detailing Veur
yem outreach and recruitment efforts for the last
2018 2018 2018 three years es well as current policies.
Full Time Part rime Full Time PartTlme Full Time PartTlme
slack 5 5 5
Hispanic 1 1
1
Asian l
Indian
Female 4 3
3
i Other t -- 1----_-.- .
Complete below for Real or Personal Property Tax Abatement only.
Please sign for all requested incentives.
Public Benefit Item:
Information is required on both the construction companies and the
companies which will provide materials purchased for this project.
Please complete the table below with the appropriate information. If Qualify gained Paints Avai.latif Points
you qualify for the points,please enter the full amount of available (yes or Na)
points.
1 Cons_tructlen Related iContractwsj.
A. Employ Local Companies(75%) YES 20 20
B. Purchase Materials from Local Companies(75%) YES 20 20
C. Require Employees vs.Independent Contractors YES 19 19
D. Require Prevailing Wage(Davis Bacon) No 22
E. Require Health Benefits YES 22 I 22
F. Require Pension Benefits NO 18
G. Maintain Affirmative Action Plan YES 20 20
ISub-total Construction Related: 101 _ 141
2 Wece&Benefit Related[Owner':
A. Pay Target Wage Levels YES 33 1.1
B, Provide Health Benefits YES 34 34
C. Provide Pension Benefits YES 29 29
D. Provide Training YES 28 ( 28
E. Provide Child Care NO
F. Provide Transportation Assistance NO I4
G. Provide Employer Assisted Housing•program NO 9 1
Sub-total Wage&Benefit Related: 124 162
3 Workforce Related:
A. Create New Jobs YES 42 42
B. Retain Existing lobs YES 41 41
C. Maintain Affirmative Action Plan NO 0 35 n
D. Provide Targeted Hiring Preference ' `o 34
Sub-total Workforce Related: 83 152
4 Supgort a Munldpal Faculty:
A Support a SB Municipal Facility ldonations to the �/C
zoo,conservatory,museum,etc.) 7 G 5 84 84
—
Name of Facility Potawatomi Zoo
ISub•total Munldpal Facility: ,54 84
Sub-total from Above: 3 5/ 539
The undersigned owner(s)of real property,located within the City of South Bend,herby petition the Common Council of the City
of South Bend for a real and/or personal property tax abatement consideration and pursuant to I.C.,6-1.1-12.1-1,et seq.,and
South Bend Municipal Code Sec.2-76 et seq.,for this petition state the above.
Submitted By: ��.3 Date: 312-z f i 9 — -
For Staff Use Only Below This Line
What is the current assessed value? Real Property: 3/1(6...4-- c v o Personal Property: 3 9,7 `,X j
^
What Is the projected assessed value? Real Property: 3 set, ovo Personal Property: --c,3 'poo)
What is the tax key number for this project? /. t
0,,, ,6--- —79/0.— Z2/' 2
What Is the stx digit NAILS code?
VA(6?" re(434.e &a44'(%g.—P ) 93 1 K'°'(e/V(vel --- /6)
Please attach a Google map and street view of the location.
Please list the amount of real and personal property taxes Real Property Taxes: Personal Property Taxes:
paid for the
/last five years when applicable. / /� 2 `
„�S.�J/ -/r/y Year One y� /3 3E7. (J 7 J 9 = ,26"7
Year Two
aW/Y7� (.9 c ,5-- _ 3� 3C 8(
,242// /, y/ Year Three C7 �Y2 -'� ,Z1 Y9 a-fJ
(J t/ j /
10/. ///j Year Four i 9_ c7 / O
/c /t�7 Year Five
�� 7f .2/ = �. o
Please fill out the following Public Benefit Summary Information and add to total from above.
JY or N) Points Points
Public Benefit Item:
Project Related:
5 A. Redevelop a Site that has Special Needs 49
B. Develop Based on Local University Research 35
C. Achieve a Physical Element of a Plan 36
Sub-total Project Related: 120
6 Super Size Projects(point values are cumulative):
A. 100%to 199% c2 25
B. 200%to 299% 6-v 68
C. 300%to 399% 6-6'
65
D. 400%and Over 52
Sub-total Super Size Projects: {5-j) 210
Pay for Municipal Infrastructure:
A. Pay for Oversizing or Upgrading 14
B. Pay for 26-50%of Extension Cost 26
C. Pay for 51-75%of Extension Cost 39
D. Pay for 76-100%of Extension Cost 52
Sub-total Infrastructure Related: r _ 131
Total from Applicant Section: 3 o2. 539
Total from Staff Section: l5-Cr 461
Total Public Benefit Points: ,S6 1000
I Filed in Clerk's Office
+="! STATEMENT OF BENEFITS MAR 2 5 2019 ;
�� FORM 58-1 )PP
Qjli,)i. PERSONAL PROPERTY
Stela Form 61764(R4/11-15) L' •Prescribed by the Department of Local Government Ft nee h - " ' ' �— PRIVACY NOTICE
,,,—
(-Try CLERK,SOUTH(?END,I.1 iAny Information concerning the coat
of the property end spathe Wanes paid
to Individual employees by the property
owner Is confidential per IC 6-1.1-12.1-6.1.
INSTRUCTIONS
y, This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing U the designaing body requires
Information from the applicant in making Its decision about whether to designate an Economic Revitalization Area. Othorw'se this statement must be
submitted to(he designating body BEFORE a person installs the new manufacturing equipment and/or research and development equipment,and/or
logistical distribution equipment and/or information technology equipment for which the person wishes to claim a deduction.
2. The statement of benefits form must be submitted to the designating body and the area designated an economic revitalization area before the installation
of qualifying abatable equipment for which lire person desires to claim a deduction.
3. To obtain a deduction,a person must Pie a certified deduction schedule with the person's personal property return on a certified deduction schedule
(Form 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 township. The 103-ERA must bo filed between January 1 and May 15 of the assessment year In which new manufacturing equipment
and/or research and development equipment and/or logistical distribution equipment and/or Information technology equipment is Installed end fully
functional,unless a filing extension has been obtained. A person who obtains a filing extension must file the form between January 1 end the extended
due date of that year.
4. Properly owners whose Statement of Benefits was approved,must submit Form CF-1/PP annually to show compliance with the Statement of Benefits,
(IC 6.1.1-12.1-5.6)
5. Fore Form SB-1/PP that Is approved alter June 30,2013,the designating body Is required to establish an abatement schedule for each deduction allowed.
Fora Form SB-1/PP that is approved prior to July 1,2013,the abatement schedule approved by the designating body remains in effect, (IC 6-1.1-12.1-17)
SECTION 1 TAXPAYER INFORMATION
Name of taxpayer Name of contact person
Chase Plastic Services, Inc. Lacie Andrew
Address of taxpayer(number end street diy,state and ZIP colo) Telephone number
5245 Dylan Drive South Bend,IN 46628 248-620-7784
SECTION 2 LOCATION AND DESCRIPTION OF PROPOSED PROJECT
Name of deslanettng body Resolution number(a)
Chase Plastic Services, Inc.
Locates of property 1 County DLGF taxing district number
5245 Dylan Drive South Bend, IN 46628 St. Joseph County
Description of manufacturing equipment andior research and development equipment ESTIMATED
and/of logistical distribution equipment and/or Information technology equipment. START DATE COMPLETION DATE
(Use additional sheets if necessary.)
Manufacturing Equipment
R&D Equipment
Racking, Forklifts, Computer technology and material handling equip
Loglat Diet Equipment May 2019 March 2020
IT Equipment May 2019 March 202
SECTION 3 ESTIMATE OF EMPLOYEES AND SALARIES AS RESULT OF PROPOSED PROJECT
Current number Salarius Number reia'ned Satares I Numter eddIUonal Salaries
18 $847,000 18 $847,000 3 $520,000
SECTION 4 ESTIMATED TOTAL COST AND VALUE OF PROPOSED PROJECT
NOTE:Pursuant to IC 6-1:1-12.1-6.1(d)(2)the MANUFACTURINGR&D EQUIPMENT LOGIST DIST IT EQUIPMENT
EQUIPMENT EQUIPMENT
COST of the property Is confidential. COST ASSESSED
COST ASSESSED COST ASSESSED COST ASSESSED
Vl1LUE VALUE VALUE VALUE
Current values $830,15! $59,485
Plus estimated values of proposed project $608,U00 •y5,000
Less values of any property being replaced
Net estimated Values upon completion of protect 1,430.1' p I D4,9dD
SECTION 5 WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER
Estimated solid waste converted(pounds) Estimated hazardous waste converted(pounds)
Other benefits:
SECTION 6 TAXPAYER CERTIFICATION
I hereby certIfy that the representations In this statement are true.
Slgnetyrertrauthdnzed r ntatve----_ Date signed(month,day year)
lam. P P �� 3 2-1-MPdnlgd_na o of au dzed ra rceen ave Tlu r
C =,�Esz�- 1,-orF .�rr..�t< i,cs )-(1
c.
Pagel oft
FOR USE OF THE DESIGNATING BODY
We have reviewed our prior actions relating to the designation of this economic revitalization area and find that the applicant meets the general standards
adopted in the resolution previously approved by this body. Said resolution, passed under IC 6-1.1-12.1-2.5,provides for the following limitallons as
authorized under IC 6-1.1-12.1-2.
A.The designated area has been limited to a period of time not to exceed calendar years*(see below).The date this designation expires
Is . NOTE:This question addresses whether the resolution contains an expiration dale for the designated area.
B. The type of deduction that is allowed in the designated area is limited to;
1.Installation of new manufacturing equipment; ❑Yes ❑ N o ❑ Enhanced Abatement per IC 6-1.1-12.1-18
2,Installation of new research arid development equipment; ❑Yes ❑N o Check box if an enhanced abatement was
3.Installation of new logistical dialrlbution equipment. ID Y(33 ❑N o approved ionone or more of these types.
4.Installation of new information technology equipment; 0 Yes D N o
C.The amount of deduction applicable to new manufacturing equipment is limited to$ cast with ah assessed value of
(One or both lines may be filled out to establish a limit,If desired:)
10.The amount of deduction applicable to new research and development equipment Is limited to$ _cast with an assessed value of
$ . (One or both lines may be filled out to establish a limit,if desired.)
E.The amount of deduction applicable to new logistical distribution equipment Is limited to$- coat with an assessed Value of
$. . (One or both fines maybe filled out to establish a limit,If desired.)
F. The amount of deduction applicable to new information technology equipment Is limited to$ cost with an assessed value of
. (One or both lines may be filled out to establish a limit If desired.)
G. Other limitations or conditions(specify)
H.The deduction for new manufacturing equipment and/or new research and development equipment and/or new logistical distribution equipment and/or
new information technology equipment installed and first claimed eligible for deduction Is allowed for
❑ Year 1 ❑ Year 2 0 Year 3 ❑ Year 4 0 Year 5 ❑Enhanced Abatement per 1C 6-1,1-12.1-i8
❑ Year 6 0 Year 7 ❑ Year 8 ❑ Number of years approved:
Year 9
0 Year 10 (Enter one to twenty(1-20)years;may not
exceed twenty(20)years,)
I. For a Statement of Benefits approved after June 30,2013,did this designating body adopt an abatement schedule per IC 6-1.1-12.1-177 ❑Yes ❑No
If yes,attach a copy of the abatement schedule to this form.
If no,the designating body Is required to establish an abatement schedule before the deduction can be determined.
Also we have reviewed the Information contained in the statement of benefits and find that the estimates and expectations are reasonable and have
determined that the totality of benefits Is sufficient to Justify the deduction described above.
Approved by:(signature and Me of authorised member ofdastgnaingbody) Telephone number bn!n slgned(month,day,hoar)
Printed name of authorized member of designating body Name of designating body
Attested by:(signature end dila al attester) Primed name of attester
•If the designating body limits the time period during which an area Is an economic revitalization area,that limitation does not limit the length of time e
taxpayer is entitled to receive a deduction to a number of years that Is less than the number of years designated under IC 0-1.1-12.1-17.
IC 6.1.1-12.1-17
Abatement schedules
Sec.17.(a)Adesignating body may provide to a business that is established in or relocated to a revitalization area and that receives a deduction under section 4 or 4.5
of this chapter an abatement schedule based on the following factors:
(1)The total amount of the taxpayers investment In real and personal property.
(2)The number of new full-tune equivalent Jobs created.
(3)The average wage of the new employees compared to the state minimum wage.
(4)The infrastructure requirements for the taxpayer's Investment.
(b)This subsection applies to a statement of benefits approved alter Juno 30,2013,A designating body shall establish an abatement schedule for each deduction
allowed under this chapter.An abatement schedule must specify the percentage amount of the deduction for each year of the deduction.An abatement schedule may
not exceed ten(10)years.
(c)An abatement schedule approved for a particular taxpayer before July 1,2013,remains In effect until the abatement schedule expires under the terms of the
resolution approving the taxpayers statement of benefits.
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