Resolution 19-2021 - Approving a Waiver of Noncompliance for a Personal Property Abatement for Pacmoore Process Technologies, LLc

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MOORESVILLE TOWN COUNCIL OF MORGAN COUNTY, INDIANA RESOLUTION NO. 19-2021 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF MOORESVILLE, INDIANA, APPROVING A WAIVER OF NONCOMPLIANCE FOR A PERSONAL PROPERTY ABATEMENT FOR PACMOORE PROCESS TECHNOLOGIES, LLC WHEREAS, pursuant to Indiana Code § 6-1.1-12.1-1, et. seq. (the "Act"), the Town of Mooresville, Indiana (the "Town"), by and through its Council acting in its capacity as the fiscal body of the Town and acting as the designating body identified in the Act (the "Council"), has the right and opportunity to abate the payment of personal property taxes for real estate located within an area declared by the Council to be an Economic Revitalization Area; and WHEREAS, pursuant to the Act, the Council may find that a particular area within the jurisdiction of the Town is an Economic Revitalization Area and may by the adoption of a resolution declare such area to be an Economic Revitalization Area, which resolution must subsequently be confirmed, modified, or rescinded by the Council; and WHEREAS, on September 21, 2015, Pacmoore Process Technologies, LLC ("Pacmoore") filed a Statement of Benefits Personal Property form ("SB-1/PP") with the Clerk -Treasurer for the Council's review and consideration, wherein it requested a ten (10) year personal property abatement; and WHEREAS, the Council adopted a declaratory resolution and declared the area an Economic Revitalization Area, and then adopted, after a public hearing, a confirmatory resolution, approving the ten (10) year personal property abatement; and WHEREAS, pursuant to Indiana Code § 6-1.1-12.1-5.6 and the Indiana Department of Local Government Finance, Pacmoore is required for the duration of the abatement to annually file a Compliance with Statement of Benefits Personal Property Form (CF-1/PP) between January 1 and May 15 with the Council to show the extent to which Pacmoore has complied with the SB-1/PP form; and WHEREAS, Pacmoore did not file its CF-1/PP form, which is attached hereto as Exhibit A, with the Council until May 18, 2021; and