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Right of Way - Grubb, William_2/18/1981� STAT& ° INDIAATA DEPARTMENT OF NATURAL RESOURCES JOSEPH D. CLOUD DIRECTOR Auditor G1b50n Coun[y Court House Princeton Indiana Dear Sir: INDIANAPOLIS, 46204 Enclosed is a completed declassification form on a tract of land owned by William & Kathy Grubb This land is being declassified by the Division of Fores[ry under the provisions outlined in Section 18 of the Classification Act of 1921. Please make [he withdrawal of this land from classification a matter of record in your office and place the above described land back on the tax duplicate at its noxmal assessed valuation and notify me of your receipt of this letter in order that the records of the Division of Forestry be completed. Please consult Section 17 of the enclosed copy of the Classification Act in regard to taxes. There is a tax of None per acre to be collected on this withdrawal. � Enctosure CL 236 Sincerely yours, DEPARTMENT OF NATURAL RESOURCES DIVISION OF FORESTRY O��r .� � John F. Datena Sta[e Forester "EQUAL OPPORTUNITV EMPLOVER" 1i , �. CL-208a • � i DEPARTMENT OF NATURAL RESOURCES STATE OF INDIANA Indianapolis I, John P. Datena, State Forester, do hereby find and certify that the provisions of an Act approved March 10, 1921, and as amended entitled "An Act to encourage timber production and to protect watersheds by classifying'certain lands as forest lands; and prescribing a method of assessing (appraising) lands thus classified for purposes of taxation, "are not being carried out on the following described land owned by Hillisei S Rathy Grubb of 106 E: Ulen, Ft. Branch, IN 47648. (address, to wit: Sight acres of the followiag tract fozmally belonging to Edward Mason, R.R. �1, Ft. Branch, IN 47648: Qne tract in par[ of the NW3y of the SS�, Sec. 1, i3S, R12Td; beginning ae a point 185 ft. W. of the N8� and runaing hence S. 406 ft; thence W. 372 ft.; thence S. 127 ft.; thence W. 217 ft.; thence N. 533 ft.; thence east 489 ft. to the beginning and containing 6.12 acrea aore or less. Aanther tract ia part of Che NH�y�SF.�, Sec. 1, T3S, B11W; Beglnning at the NR corner of eaid � Section and running thence S. 408 ft.; thence S. 533 ft.; theace W. LOS ft.; thence N45 deg. 6''H 427.7 ft.; thence N. 240 ft. [o the place of beginning and containing 3.97 acres more or less. &eason for withdravl: The L0.1 acre Claesified Foreat was divided and sold, thereby violating Section 5 of the above mentioned act. Original applicatioa recorded Feb. 10, 1948 in record C68. Pursuant to the authority vested in me by said Act, I therefore, notify said owner, the County Auditor, and County Recorder of Cihcon County that said land above described has been this ��th day of �hr�ary 14R1 withdrawn from classification, according to the terms and subject to the provisions of said above mentioned Act, and hereby notify said Auditor, and said Recorder to change the appraisal of said land, as provided by law. CL 208a " � � BACK TAX COMPUTATION GUIDE SHEET This form should be used to compute the back taxes owed when a classified forest or a portion of a classified forest is to be withdrawn. Column 1 - Year Start with the present year and work backwards. Since the law specifiee that the landowner will not be taxed for more than 10 years, there are only 10 blanks. There could be cases where the forest will be classified for less than 10 years. In this case, you will only use the number of years that the woodland has been in the Classified Forest Program� Column 2- Assessed Value Per Acre Minus $1.00 You will need to check past records in order to determine the appraised values of the land for each of the past 10 years. The assessed value is determined by dividing the appraised value by three. Ir. addition, the assessed value should be reduced by one dollar because the landowner has already paid taxes on a one dollar assessment for each of the years that his land has been in the Classified Forest Program. The adjusted assess- men[ should be entered in Column 2• Column 3- Annual Tax Rate You will need to check your records to determine what the tax rate was for each year. This amount in dollars will be entered in Column 3. Column 4- Taxes Due Per Acre Multiply Column 2 times Column 3 and then divide this figure by 100. This should be rounded off to the nearest whole cent. Column 5 - Interest Factor These figures are constant and should not be altered. They have been taken from a standard per annum interest table. Column 6- Amount Due Per Acre for the Year Multiply Column 4 times the figure found in Column 5. This is the amount of tax plus interest owed on one acre of Classified Forest, for one par- ticular year., The total of this column is the amount which should be paid per acre for the 10 year (or less) period. To complete the process of calculating taxes owed, take the total of Column 6 and multiply it by the number of acres to be withdrawn. This is the total taxes owed for the withdrawal. If there are any questions with this form, contact the service forester for your county. ., � � RE]'ORT OF BACK TAXES NOTE: If no increment tax is shoc.m on the "Report of Appzaisement", it is not neces- sary to complete this page. Upon the withdrawal of land from c:lassification, the owner shall pay either the in- crement tax (shown on the "Report of Appraisement") or an amount equal to the real property taxes which would have been assessed on such land during the period in which it was so classified plus interest on such real property taxes at the rate of five percent (5%) per annun, whic.hever amount is less. In no case, however, shall the owner be liable for real prope.rty taxes in excess of the taxes which would have been assessed on the land in the [en years preceding [he date of withdrawal of the land from classification. HOW TO CALCUL.9TE BACK TAXES ON CLASSIFIED FOREST �CR�1GE TO BE WITHDRAWN (1) (2) (3) (4) (5) Assessed Value Tax Rate Taxes Due 5� Mnun Year Per Acre Minus $1 Per $100 Per Acre Interest Factor Example 1972 $60-$1=$59 8.25 4.87 1.050 1 2 3 4 S 6 7 8 �. 1.050 1,100 1.150 . - 1.200 1.25 1.30 1.35 1.40 � I I I j 1.50 The per acre total of real pronerty tax_s plus *i��e percent per annum for the lands described in chis apolication during the period classified (not to e:<ceed 10 years) is ,,, . _...$ tness Address tness ress Per Acre r the Year Sit�'.^.dtl:L2 Of CCL'.^.LV �U�itOi 11 acre �. :• SF 208 � -- � �' � �J .. - � - ��% This instrument was prepared by the Divieion of Forestry, Indiana Department of Natural Resources. I hereby approve of the approval of [he preceding withdrawal. 1 ,/ . �'/�;-"�-Sc�.i»-,'_• -- / /�!gr.a:ure of St2te�Fcrester - '� ` (� :l ) Q .Q�,.lc,� c� o> � Po ,Qtlr,-, . . Wi[ness i1l �_• I / � � .. - �%i�� ��I�/L �/� � , 1 I / / I i' � .. �'y� ��X Date Auditor was not;..`.ied of withdrawal ,� —��— _. ' ,`�..�so.i+ r t: : l . Date Auditor acknowledged receipt of withdrawal notice ��' �� �°�'� Date Recorder notified of withdrawal Date Recorder acknowledged receipt of withdrawal notice Py .' C `•� C: . _- « �:i � �