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Classified Forest - Meadowlark Inc, Meadowlark Inc_7/6/1989�'� � an� �::�� _ •'i';,;,� � ��;7 ,-��I� ��' ,�"c_-��' ,c�`-tl t X��, � INDIANA DEPARTMENT OF NATURAL RESOURCES Division o: For=stry 013 S�ace Office Building Indian=_ooiis, Indiana ?6205 `\��_,,. h� � � �� \\'3.A,^!w r� `�^' '\ � U l.� � - �'� :Jl�.''� PATRICK R. RALSTbIv� DIRECTOR I am reiurning your Classi�ied Forest Withdzawal Appiication, duly signed and acknowledced. P1=ase have tais withc�awzl *ecorded at the Ccun'ty Courthouse. This is necessary to comale� youz abstract. title record. If.we can be of assistance in the future, please call on us. JcD/Pm CL 2?9 S� cerely,'� �� ��� ohn F. Datena S�ate Forescez "E9UAL O?'ORTUNITY EMPLOYER" Y��' APPLICATION FOR W��DRAWAL s' Of=C�ASSIFIED FOREST �' � . �• Stnie Fortn 19892 . . VOLUNTARY WITHDRAWAL iCL a,oe�ov D ,�� F/c T OF NATURAL RESOURCES Division of For�try - � � I�adowldtk FaimS , do hereby make application for withdrawal from classification, subject to the provisions of an Act approved March 10, 1921, as amended, entitled "An Act to encourage timber production and to protect watersheds, by clauifying certain lands as forest lands; and prescribin9 a method of assessing (appraising) lands thus classified for pur- poses of taxation," the following described Iand, of which I am the owner, to-wit: A part of the West half of fractional Section 35, Townshio 2 South, Range 13 Yiest descsibed as follovrs to wit: Beginning at a point 704 feet i4est and 660 feet South of the NE corner of said fractional section and nm thence S 13degees West 1770 feet; nui thence Alest 50 feet; run thence north along the �anderings of the river to the North line of sai.d fractional quarter section; thence east 156 feet to the p]ace of beginning containing 4.06 acres more or less. Slpneture of Ow{�er/ pplicent X ll��.��� 3a,,;:.� ,i,� R�; Sipneture of W Itnm k°""n'.-�°�n.iC�• �-.c'`1, �IRO S,�II�JAnJ �!� j ,Qe,c, /o - C 701 .t/ �� �, uniY,.. ;� �" �ag�. �G��a,� `�k� �_ �17GG 6- • - .✓� �-/ �! i. - _ — - .� WITHDRAWAL WITH CAUSE (CL 229) 1, John F. Datena, Sute Forester, do hereby find and certify that the provisions of an Act approved March 10, 1921, and as amended entitled "An Act to encouroge timber production and to protect watenheds 6y classifying certain lands as forest lands; and prescribing a method of asseuing (appraising) lands thus classified for purposes of taxation, "are not being carried out on the following described land owned by of � ," to wit: 6 i. . n .....: `. •. :" .• ' ." .: �,-. .- '� .. I .. _ .- � _ �. . � ��- _ , •` � ' ' . . ' . . - `i - �.� ._ ',+' :.`:. '. ^ . :.. . . -- -- _ . . . - '--- ' -.. . ,c' . . . .. , . _ '; " '_ . ... ,. . . - - a' n- Punuant to the autnority vested in me by said Act, I therefore, notify said owner, the County Auditor, and County Recorder of � I County .hat said land above described�has been this - day of ' � with_��� drawn from classification, according to the tertns and subject�to the provisions of said above mencioned Act, and hereby notify said Auditor, and szid Recorder co change the approisal of said iand, as provided by law. ._ � REPORT OF BACK TAXES � Upon the withdrawal et land from class� ation, the owner shafl pay either the increment tax shown on the "Report of Apprai�,mer,. 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 4 interest on such real property taxes at the rate of five percent (5%) per annum, WHICHEVER AMOUNT IS LESS. In no case, howevzr, sha � the owner be liable for real propetty taxes in excess of the taxes which would have been assessed on the land in the ten years preceding the � date of withdrawal of the land from c!assification. � � • This form should be us^d to comoute the back taxes owed when a classified forest or a portion of a clas<_ified forest is to be withdrewn. NOTE: If no increment tax is shown on the "Report of AporaisemenY', it is not necessarv to complete this p�g�. Column 1 — Year Start with the present year and work backwards. Since the law specifies that the landowner will not be taxed for more than 10 years, there are only 70 blanks. ?here could be cases evhere the forest will be classified ior Iess 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— Asseued Value Per Acre Minus S7.00 You wiil r.eed 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 appreised value by three. In addition, the assessed value should be reduced by one dollar because the land- owner 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 adjuzted assessment should b_ enter=_d in Column 2. Column 3— Annua! Tax Rate You wili need to check your records to determine what the tax rate was for each year. This amount in dollars wiil 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 Faaor These figures are constant and should not be altered. They have been taken from a standard per annum. int=res? table. -" —�-�—`-�-- --` � -'-'-- - -- "- -- - - ---' - -. _.. _ - - - . . . .. =.<,is.�a'Y..�T,.n' ,•'.�,:.:.. Column 6 — Amount Due Per Acre for tbe Year . -, - . • � ' � '" %' ;. , : ` :S. . `.. �' Muitiply Column 4 times the figure found in Column 5. This is the"amount�of tax plus�interesfowed on ONE ACRE�of'Classified Forest, .: for ONE PARTICULAR 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 calculatin9 taxes �owed, take the total� of Column 6 and multiply it by the number ot acres to be withdrawn: ` - This is the toUl tax owed for the withdrawal. "-� . . �`� '- .;. `_.a . --�� � � --% =-- _' : � �l - ---- --- '--=°---_ .--' - -- -' --"' - . - '- -': . - , . _ �-- - ---s._-..�__:_.. - ' :.�.: . .. ..� If there are any questions with ffiis form, contact the service forester for your county. -- ------- -��--- -- -�--�- - •a . , -. • • � - � SACK TAX COMPUTATION � ' . .. (��,,�.� (2) A.saced Velue � (3) Tez Rat� -_ , . _ (4) Taxm Due �� " (5) 5%Annum ��� I6) Amour.t Due Per � Per Aae Minus 57 Per 5700 � � Pp Ace � Interest Fector �� ' Ace For The Vear I EXAMPLE: 560 -$1 = 559 I 826 d97 I 1.05 5.11 1972 I'� /9p9 � 37- I=3G 5.:379z l.S� � �.� /.�6 �Z� /988 � 37-�__3G .S.�f3� � /�G3 � ,.,o /,�9 3• l 9 E7 <. iysG � 6. /98� �� �983 /9�� e. /98'f ,o. lQ�o /- I : ,,; ?--i = 7. �— �. � _ - / % .7 4 �, 3G _� : 3� � .3: � � � `f• lS �, �z J I 7.75 3 z. � ,zo z 3 ( . ,� -- ., �� .IS ,.ao ias ,.� t.a5 ,So TOTAL PER ACRE � $ �{-, o G Ac c 63 ! � / 0 /. 73 � • �% �% 16.9� ��ae �'G8.86 • , - ` REPORT OF APPRAISEM.ENT � . , County Auessor of Gibson County, Indiana certify that the appraise• 't is on the land herein described and that the fair market value of the whole land classified on the date of FPb_ 19+ 1 q�� was 38.00 _ per acre; and tha[ thz land so described now is worth S �/ O TT✓per acre. (Note: The difference in these two 3ooraisals is the Increment Tax.) . Further, that the trve cash value of the remaining land of the section or sections outside of the cities and towns in which the land proposed for withdrawal from classification is located is worth as follows per acre: N'H'iivF� �u �2 ,.w. v. or N.E. Y. of S.E. Y. of SECTION s—z—l3 MailinQ Autllior' PRESENT MARKET VALUE MARKET VALUE WHEN�CLASSIFIED �y'S . � 8 0 7 t-' .i N 4-7c, 7 0 W�r�st' SI� Menllinp Adtlrean ' �b � _ /�- � 3 /.� o sc ! '`! � �� �� �}� T (� 7 D RU `" NOTE: The lar.d to be appraised is to be valued at its fair market�value exclusive of all timber, buildings, and other improvements, but shall include any mineral, s:one, oil, or gas value it may have.,'IF THE APPRAISEMENT IS SATISFACTORY TO THE OWNER AND STATE FORESTER. IT IS NOT NECESSARY TOOBTAIN SIGNATURES.OF THE COUNTY AUDITOR AND COUNTY TREASURER. . � Ai _ _ _ - . . .: _ .�.'1_ . This instrument was prepared by the Division of Forestry, Indiana Department of Natural Rewurces. ' � _ ,. �