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Minutes 2009
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Minutes 2009
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4/6/2015 9:41:38 AM
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4/6/2015 9:39:16 AM
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Public Documents
Meeting Minute Type
Redevelopment Commission Minutes
ISSUE DATE
11/30/2009
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ii <br /> 1 . The real property described in the attached Exhibit <br /> "A" which is located in Mooresville, Morgan County, Indiana <br /> EI <br /> shall be designated an "Economic Revitalization Area . <br /> 2 . All of the businesses and industries located within <br /> the area designated as an Economic Revitalization Area shall be <br /> eligible for the deductions in assessment of real estate and <br /> personal property values provided in Indiana Code 6-1 . 1-12 . 1 et <br /> seq. , as the same is amended from time to time if the criteria <br /> for the deduction established by the Town of Mooresville is met . <br /> 3 . The deduction from assessed value of new manufacturing <br /> equipment located within the Economic Revitalization Area shall <br /> be limited to a three (3) year assessment deduction for the new <br /> manufacturing equipment . <br /> 4 . The business entity desiring to obtain the deduction <br /> from the value of new manufacturing equipment shall be required <br /> to file on forms approved by the State Board of Tax <br /> Commissioners with the County Auditor and the State Board of Tax <br /> Commissioners the appropriate documentation to obtain said <br /> deduction. <br /> a . If notice of the addition to assessed valuation or new <br /> assessment for any year is not given to the owner <br /> before April 10 of that year, the Application may be <br /> filed not later than thirty (30) days after the date <br /> such notice is mailed to the owner at the address <br /> shown on the records of the Township Assessor. <br /> b . The Application required by this Section shall contain <br /> the information required in Indiana Code 6-1 . 1-12 . 1 et <br /> seq. <br /> c. A Deduction Application filed under this Section is <br /> applicable for the year in which the addition to <br />
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