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Resolutions_2009-72009 - � RESOLUTION OF THE COUNTY OF GIBSON COUNTY, INDIANA APPROVING ABATEMENT FOR WINDSOR MACHINE AND STAMPZNG (US) LTD. WHEREAS, the County Council of Gibson County, Indiana, by Resolution No. 1998-2 designated an area owned by Mike Crabtree with in the county of Gibson County as an economic revitalization area pursuant to IC 6-1.1-12.1-1 et sea; and WHEREAS, the above described area has been designated as an economic revitalization area to encourage new building, the installation of new manufacturing equipment, and the redevelopment of an industrial area or the rehabilitation of existing properties; and WHEREAS, the County Council of Gibson County, Indiana,has been advised by Windsor Machine & Stamping (US) Ltd. of a proposed revitalization project, which includes installation of new manufacture equipment in the above-described economic revitalization area; and WHEREAS, the County Council of Gibson County, Indiana, has reviewed the statement of benefits included in Exhibit A and the information brought to its attention, and hereby determines that the deductions under IC 6-1.1-12.1-3 and IC 6-1.1-12.1-4-5 should be allowed based on the following findings: (1) The estimate of the value of the redevelopment or rehabilitation is reasonable for projects of that nature. (2) The estimate of the number of individuals who will be employed or whose employment will be retained can be reasonably expected to result from the proposed described redevelopment or rehabilitation. ,. ..� v .j � (3) The estimate of the annual salaries of those individuals who will be employed or whose employment will be retained can be reasonably expected to result from the proposed described redevelopment rehabilitation. (4) The number of individuals opportunities for employment, both temporary and permanent, and the compensation to be paid to employees, along with the value of the acquisition and construction of improvements, create benefits of the type and quality anticipated by the County Council of Gibson County, Indiana, within the economic revitalization area and can reasonably be expected to result from the proposed described redevelop- ment or rehabilitation. (5) The totality of benefits is sufficient to justify the deductions. AND WHEREAS, the County Council of Gibson County, Indiana, hereby finds the purposes of IC 6-1.1-12.1 are served by allowing Windsor Machine & Stamping (US) Ltd. the deductions provided by IC 6-1.1-12.1-3 and IC 6-1.1-12.1-4.5 for a period of five (5) years. NOW, THEREFORE, BE IT RESOLVED by the County Council of Gibson County, Indiana, that: l. Windsor Machine & Stamping (US) Ltd. shall be entitled to the deductions provided by IC 6-1.1-12.1-4.5 for a period of five (5) years with respect to personal property which is installation of new manufacturing equipment by and reflected in Exhibit A. 2. The members of the County Council of Gibson County, Indiana, shall be and hereby are authorized to execute any and all documentation necessary to substantiate application by TAI for tax . deduction and abatement pursuant to the resolution and IC 6-1.1- 12.1-1 et sea• ADOPTED, this �4day of �lPe�hc�- , 2009, by the County Council of Gibson County, Indiana. GIBSON COUNTY COUNCIL C:���v/u�J .�J'���ff TONY�WOL E, PR IDENT � D�� J E OVERTON, COUNCILMAN (�GEORGE ANKENBRAND, COUNCILMAN V�J, i D. CRAIG PFL , C CIL � . ' �, � / i°'� � � WILLIAM McCONI L, COUNCILMAN WILLIAM W. GEORGE COUNCILMAN `� CEC O E ALLEN, COUNCILMAN ATT (SEAL) MAR KEY Personal Property Ta�c Estimates — Summary — Years z010 — 2014 Patoka Township Machinery / Equipment / Fumiture & Fixtures / Computer Hardwaze Yeaz 2010 2011 2012 2013 2014 Taxes w/Phase-In $0.00 $1.936 $2,904 $3.319 $4.149 Total Taxes Paid $0.00 $1,936 $4,840 $8159 $12,308 � .� � � d'�A� STATEMENT OF BENEFITS '� - y - PERSONAL PROPERTY � > Slale Fwm SnW (R / 1-0$) "" Prescribetl by Ne Deparlment o( Loca1 Gwemmenl Finance . .i , FORM SB-1 / pp PRIVAGY NOl10E � � a^d �Y sDed3C intlivitluafs INSTRUCTIONS: �"y'"!O"^a� �s ca+fieenual; Ue balance a1 Ne fdmg 6 pup� re� 1. 7hi5 sfatement musl be submilfetl fo fhe bod dB IC 64.142,7.5.1 �c) a� {d). in)wmefro� /� �e y Y siqnafing fhe Econwnic Revifalizafion Area pnor to Ne public heanng if fha de fo rhe Oe �'�M ^' makiig Xs decision appuf wryether fo designafe an Economic Revrteliietion q2a. Othe�wise �1ris statement musl be s 6mifted 519^�L^9 �1Y BEFORE a Person instaPS the irew manNachr^n9 eQu47menf and/or'esearch and developmem equipment. and/or equipment antl/or inlorma(ion ferhrp�jy �quipmen! for whrch ye person �yshes to daim e deduclion; •p and areas designated aRe� J�dy 1, 7987, mquiie a STATEMENT OF BENEFITS. (!C 6 i. t-12.1) ��a� d�b�Wn �OJe�+s'P�nneO or cwnmiltetl to aRer July 1. 1987, 2 APO�a! o! Ihe deSignating boly (City Co�n�l. Town Boarti Counry Coun�N�ent usand/pr tirlorm �Of to installatim oI Ne new manu/ycf�rin9 equipment and/or researth and developmem eq'upmenl arM/or fogistica/ disfibution �-app1O� etion technology equrpmenl, BEFORE a deducL'on may J. To obtain a deduc7ion, a person mus7 !le e certifieO deducflon schetlule wilh !he person's personal plppeNy R��m on a certi�ed detluclwn schedufe (Fo(m f03-ERAJ wilh Me lownshrp assessor o7 (he (ownship w�eie Ihe io e assessmenl year in which new manu7acfurirrg equipment and/w 2sea2h and devefopmenf equipment arM/or 1 P P rty �s si(ua�etl. Trye 703-ERA mus7 be h7ed beM1Veen March 7 and pAay 75 0/ the mfo�^a�+on rachnohgy equipment is installed ar� /u�y hn��l, untess a frfrng eztension has been obtained. q ��stical tlistn6ution eqWpmenf and/pr fife fhe /orm Cefwee� Marrh 7 antl Ure ex7eiMed due tlate o)thaf year. person who obtams a(diny enension must 4• ProPerty awners whose Sfa(emenf o/9ene�ts was approved a/fer June J0, 1gg 1, mus( submif Fortn CF1 �pp annualty !o sl�ow compliance wi(A Ne SYatement of 8ene6ts (!C 61.7-r2. J-5.6) 5. The schedules establisheU urrtler fC 6-7, 7-72, 7.q, 5(tlJ antl (e) apply to equipmenf rnstaReC aRer Marrh 1, 1001. For equipment install=d 2001. the schedWes and uatufes in e9ect at !he ome shatl continue fo apply. (/C G f. f4214.5(n and (g)) �n PriorloMarch 2. 11�'ll[ IY' 4tdXp3yer sor Machine & Stamping (US) Ltd. � o( �PaYe� (numOermd sneef. ary, sleN. anc ZlPmdal Outer Drive Windsor, ON N9A 6J3 � cantaci 7e�son Zultek aesgnaw+s ooay — n County Council W. Gach Rd., Patoka Township °" ������9 eqmPmenl antl/or researcb �; I distrihution equipmenl andlor information SheeI5llnBCessaNl saiane, NOTE: Pursuanl ro IC 6-1.L72,7-5,1 (d) (2) �he COST of the prupetty is confiAenGal. C0.ST �SES: �LLUI values o( Less values of anY P�ooerry being reptaced '-- "_' Net esGmated values uoon completion ol Drolect Es�mated sahd waste converted (poands) N/A Ihat 1he auI1101QEG !20!@SC111alive Gibson ManuFacWring Equipr �— R 8 D Equipment �eiep�q�e num0er 519.737.7155 ext.224 Resonuion numper (s) )LGF lauriy Cistriq number 12.2009 Logist Dist Equipmenl IT Equipment • '�•� � •-� I�s NumCeratldNOnal S0.00 I30 • '••• � •-• R 8 D EOUIPMENT I LOGIST DIST EGUIPMENT �T I �wE�� COST �'E: —� ��� EsGmated hazarCous waste converted (poundsl N!A �his s�atemen� are We. 01.2010 E936,000.00 Annually � R EQUIPMENT COST 0.55ESSED `/�LUE .00OAp � si9netl (month. Eax YQ�1 , .� : We have reviewetl our prior adion5 relating lo lhe Gesignation ol this economic revitalization area arW fi� ihat Ne appticaN meets lhe general standartls adoptetl in Ihe resolution previously approvetl by tha body, Said resolWan, passed under IC 67.1-72.14,5, prpvides for Ne follow'viy limdafions as authorizetl untler IC 67.1-t2.1-2. A. TTe tlesignaled area �as been firtlitetl to a period of tlme nol to ezteeC fIVE $ q��a� �_ � y�rs' (see belrni). The tlate Ni5 tlesignaGOn e�ires B. The type of tleduc6on lhat is albwed in Ihe designated area is limitetl to: 1. Installation ol new manulacWnng eQuipment; 2. Instalytipn of new resear�h anE devebpmeni equipm¢nl; 3. Inslallation of new logislipl dislnbulion equipmenL d. Inslallatqn o( new informa',ion technobgy ¢quipment; ❑Yes �No ❑Yes XQNo ❑Yes XQNo ❑Yes �No C. The amount of Geductlon applicable to new manu(acturing eQuipmen[ is limitetl to 5 N/A 5 cost with an assessed value o( D. The amounl of detluclion applicable to new research and developmanl equipment is limited lo $ N/A wilh an assessed value of $ cost E. The amount of deduction appliCable to new lOgiStiGal dislnbulion equipmenl is limitetl to S N/A g cost wiU an assessetl value of F. The artroum o1 tleduGion aoPlicable lo new inlorma�ipn tecnnobgy equipment is Iimitetl to 5 N/A 5 cost vnth an assesseE value of C-� Olherlimila6onsorconditions H. The tletluction fw new manufactudng epuipment an[Uw new research and devebpmenl epuipment arM/or new bgisUpl distribulion equipmenl antl/or new informatian techndogy equipmenl inslalled and first Gaimed etigible for detluction on w aRer July 1, 2000, is albwetl for; ❑ 1 year ❑6 years ° For ERA's eslaGished prior to July 1. 2pOp. � a ❑ Z Ye� ❑ 7 years 5 or 10 year schedule may be deducted. ❑3years ❑8years ❑4 years ❑ 9 years � 5 years ^ ❑ t 0 years ^ Nso we �ave reviewed the in(ortnation containetl in Ne sfatement of benefits a(W finC Ihal the estlmates anC ezpeCaliuns are 2asonable and have detertnined Ihat the [otaliry af benefifs is wRdenl to justity �he deduction described above. Teleptp're number Oesignatec Epyy Date s9�ea (monN. Cey, yxa� ' I( ihe designaling body limits Ihe lima period durirrc� whidi an area is an emrqmic revilal¢a6on area, e does not limil Ihe length of time a taxpayer is enGpeC ro receive a tletlucGon to a number of years CesignateC under IC 64.7-12.7�d,5 ii • Windsor Machine Group Gentlemen, Good Momine My name is Jim Stephens; I' m the Chairman of the Boazd of the Gibson County Economic Development Corporation. Pm here this morning on behalf of another opportuniry to employ more of our residenu, and to collect ta�c dollars into our Gibson Counry economy which will benefit those of us taxpayers living in Gibson County. I'm here to present to you an opportwiity to have a$600 thousand investrnent into Gibson Couoty and an opportunity to initially employ 25 people within our region and ramping up to 130 residents. We have an opportunity to welcome the occupation of an industrial building in our counry that has sat empry for almost a yeaz. We have an opportunity to welcome V✓indsor Machine Group. Windsor Machine Group bas all the in-house capabilities to design and engineer many product lines. They aze a one stop shop for engineering 202a compliant head restraint systems, flip and fold headrest mechanisms, and many other products. Windsor Machine Group is committed to manufacturing quality products based on their customers' specifications. The products will be produced in a safe work envuonment at established standards and delivered on-time. Their operating philosophy is to form mutually beneficial long-term relationships with their customers, suppliers and employees. Windsor Machine Group invesu in people, education and new technologies. Windsor Maclune Group will be responsible Env'voomental Stewards. They commit to the following Guiding Principles: • Follow the environruental laws, regulations and other requirements; • Use enviro�unentally beneficial products and services to reduce pollution and continually irrtprove their products; • Teach environmental ethics to our employees and consider the envuonment in their daily activities through an effective envirorimental management system; • Utilize nahual resources in a responsible manner; • Responsibly work with customers on mutual environmental concems; • Evaluate theu progress in meeting the environmental objectives and targets that have been selected. Their current products include: • Ford Family F Front row Foamed head restraint. • 2009 Toyota Tacoma Flip and Fold Head Restraint Mechanism. • 2008 Toyota Sequoia Third row Mechanism with foam. • GMT 900 4-way articula[ing, button activated head restraint assembly. Full foam � r1 ► . � � • Ford Expedition Flip and Fold head restraints — second and third row . Ford explorer flip and fold head restraints- 2nd row pivot in headrest bun, 3rd row pivot on seatback-foam and trim assembly. • Cadillac full foam and trimmed 4-way headrest assembl��. Roughly three months ago Windsor started looking for a site and our region made the short list. As they seazched our region it was obvious a piece of property, ready to go with minor changes, left a lasting impression. At that time the maximum number ofjobs to fill their facility was 30. Since that time other opportunities for this facility have made themselves available, thus 130 positions aze now projected within two years. Ironically, construction positions may be necessary as they ask the property owner to expand the production faculry to accommodate the increased manpower and products. Thus eventually additional employment may come to our county. These aze 130 people that may be looking for a job today and we can give it to them, today. We can give it to them dght now. Windsor is considering leasing property in Gibson County, moving their equipment here in December and starting production in January of 2010; a little construction tune, then production time. Employee wages will average $15 an hour. In addition these figures DO NOT include fringe benefits which Windsor does pay. Gibson Counry is Windsors fvst, but not only, choice. Windsor has been considering Tennessee and Mexico for this operation. The Gibson County Economic Development Corporation would like to provide ttus type of corporate citizen to the residents of Gibson County. To do so the Gibson Counry Council will need to provide the new facility with ta�c incentives. As the Chairman of Gibson County's Economic Development organization I submit to you a plan [o phase-in new personal property tases over a�-year period. As you will see in the yeaz 2010 Windsor Machine Company will pay no personal property taxes to the counry and will then elevate to $4,149 oF new taxes to the county by the yeaz 2014. T�payers of Gibson County will find relief in their taxes over the 5 yeaz ume of $12,308 which will be paid by Windsor over that period. These are all new taxes and new jobs. At this time I ask the Gibson Counry Council to advertise for a public meeting to take place on Tuesday, November 24 for approval of this new project with the incentives necessary to bring these new jobs, new investment and new additional tax dollars to Gibson County and not Tennessee or Mexico. Thank You.