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Last modified
2/26/2015 11:56:27 AM
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2/26/2015 11:55:01 AM
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Public Documents
Meeting Minute Type
Town Council Minutes
ISSUE DATE
12/16/2014
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assessor to qualify for tax deductions and assessments <br /> adjustment for real property when new improvements are <br /> constructed by the Applicant, or a purchaser from the Applicant, <br /> for manufacturing equipment to be installed and buildings to be <br /> erected that could qualify for such adjustment and deduction <br /> within the terms and conditions of the Indiana Code Sections <br /> cited if a proper application for statement and payment of fees <br /> is made . <br /> 9 . The Petition for the designation as an Economic <br /> Revitalization Area requests a ten ( 10) year deduction from the <br /> assessed value of real property and a ten (10) year deduction <br /> from the assessed valuation of new manufacturing equipment and <br /> the Mooresville Town Council now finds that it is in the best <br /> interest of the public to grant Toa (USA) , LLC. a ten (10) year <br /> period of the deduction of real property and a ten (10) year <br /> period of deduction of new manufacturing equipment as <br /> subsequently approved by the governing body under the law and <br /> procedure for designations of economic revitalization areas <br /> because of the substantial size of investment in the truss <br /> manufacturing plant and the numbers of projected employees <br /> anticipated. <br /> These Findings of Fact are dated this ,, day of <br /> " , 2014 . <br />
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