Resolutions_1997-3/5 • ' .
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GIBSON COUNTY COUNCIL RESOLUTZON N0. 1997- _3
WHEREAS, the County Council of Gibson County has previously
designated the Hazelton Industries, Inc. facility as an economic
revitalization area; and
WHEREAS, the County Council of Gibson County has previously
stated that said economic revitalization area shall be entitled
to qualify for tax abatement for new manufacturing equipment; and
WHEREAS, Hazelton Industries, Inc.'s March 1, 1996
Application for deduction from assessed valuation on new
manufacturing equipment was denied by the State Board of Tax
Commissioners for procedural problems; and
WHEREAS, the County Council of Gibson County desires to
approve the correcting procedural problems as referenced in the
State Board of Tax Commissioners letter dated January 6, 1997 and
outlined in Rule 4, Miscellaneous Provisions of the Indiana
Administrative Code; and
WHEREAS, Hazelton Industries, Inc. has met or exceeded all
promises for new capital investment, jobs retained, and new jobs
created and is vital to the economic vitality of Gibson County;
NOW, THEREFORE, BE IT RESOLVED by the County.Council of
Gibson County, Indiana, of its intention and action to approve
the Form SB-1 and accompanying forms to allow the said equipment
to be deducted from the assessed valuation of Hazelton
Industries, Inc., and BE IT EURTHER RESOLVED that the County
Council will take such other further action as might be required
by the State Board of Tax Commissioners to permit the said
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deduction.
PASSED AND ADOpPTED BY THE COUNTY COUNCIL OF GIBSON COUNTY,
INDIANA, this �;�day of /�, 1997.
Attest:
iG�
ibso County
Auditor
GIBSON COUNTY COUNCIL
esiaen
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