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Classified Forest - Neely, Henry_1/22/1974�-.._.. _. S TAT� ° - � INDIANA f DEPARTMENT OF NATURAL RESOURCES JOSEPH D. CLOUD DIRECTOR Division of Forestry_ Auditor Gibson County rinceton Dear Sir: Indiana � INDIANAPOLIS, 46204 January 18, 1974 Enclosed is a completed declassification form on a tract of land oc,med by H. C. Neely , This land is being declassified by the Division of Forestry under the provisions outlined in Section 18 of the Classification Act of 1921. Please make [he withdracaal of this land from classification a matter o�.record in your office and place the above described land back on ,: the tax duplicate at its normal 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 zegard to taxes. There is a tax of none per acre to be collec[ed on this withdrawal. Sincerely yours, DEPARTMENT OF NATURAL RESOURCES DIVISION OF FORESTRY ��f�/ � John F. Datena State Forester JFD/rh Enctosure CL 237 r �/ . CL-208a Y • • � ❑ DEPARTMENT OF NATURAL RESOURCES . STATE OF INDIANA • Indianapolis I, J. T. Costello, 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 larids; 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 H. C. Nnelv �f 44Q Y. Snruee St.a Prinee[on�Fnd. 47570 (address, to wit: , A part of ehe Nk'} of tIle SE} of Seetlon 30e T 2 S. R 12 H describad ao followsa Hegin at the NW cornar of the said Section. iovnehlp� and Ranga and sua Chenca S 18 cL, tdenca E 16 cs. t�ence N 1 c�, thance E 7 e6. ehenee N 17 ch� thenea t2 19 cA� to tha place of'beginning. Containing 33.9 aerea. Pursuant to the authority vested in me by said Act, I therefore, notify said owner, the County Auditor, and County Recorder of Glbsoa County that said land above described has been this t day of Jerius:y� 1974 withdrawn from classification, according to the terms and subject to the provisions of said above mentioned Act, and hereby notify said Auditor, and said Recorder to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. T61s tzaEt has bcen cleared. � . • REPORT OF APPRAISEMENT ******�****** C �f, �� ��� , County Assessor of ' �� Coun y, Indiana ce i y tha[ the appraisemen[ is on the land herein described and tV�at the Eair market value of the whole land classified on the date of was $ per acre; and that the land so described now ts wor i �/j per ac? e�te: The difference in these two appraisals is the Incremen[ Tax.) Further, that the true cash value of the remaining land of the section or sec[ions outside of the cities and towns in which the land proposed for witfi- drawal from classification is located is worth as follows per acre: Present Market Market Value Value When Classif.ied The N.W. !c of Sec. 90.'i2S.fl12H is worth $ J� 3 $ 20.G0 'I'he S.k�. Z of Sec. The N.E. % of Sec. The S.E. � of Sec. Date �� —� /J is worth $ is worth $ is worth S L��- c - Sig�ature of C�iun[y Assessor Signature of County Auditor / Signature of County Treasurer ?�OTE: The land to be appraised is to be valued at its fair market value exclusive of a11 timber, buildings, and other improvements, but shall in- clude any mineral, stone, oil, or gas value it may have. If the aoprai.se- ment is satisfactorv to the owner and State Forester, it is not necessary s of the r . BACK TAX COMPUTATION GUIDE SflEET � I, � 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 specifies that [he 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 beeri '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. In 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- ment 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 Classifi'ed 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. Th1s is the total taxes owed for the withdrawal. If there are any questions with this form, contact the service forester for your county. ; '- - SF 208 � .. . : „ i x � � I r `J This ina[rument was prepared by the Divieion of Forestry, Indiana Depar[ment of Natural Resourcea. . I hereby approve of the approval of the preceding withdrawal. , .�-��� �'� �Signature of State Forester II .�/I_ � 1�I1��� _/ / ��I, . � / � .. W ness `�, rn..����) � Address Date Auditor was notified of withdrawal �- �Ur �/�. Date Auditor acknovledged receipt of withdrawal notice �� o� a— 7 7 � Date Recorder notified of withdrawal /—/[a' /5� Date Recorder acknowledged receipt of withdrawal notice /�/�/ O/�.�i _�__% 7 � _ �a_7y i i