plainfield town council resolution no. 2016-44 resolution preliminarily ...
PLAINFIELD TOWN COUNCIL RESOLUTION NO. 2016-44 RESOLUTION PRELIMINARILY DESIGNATING ECONOMIC REVITALIZATION AREA AND QUALIFYING CERTAIN REAL PROPERTY AND IMPROVEMENTS FOR REAL PROPERTY TAX ABATEMENT BECKNELL INDUSTRIAL LLC -
WHEREAS, the Town Council of the Town of Plainfield, Indiana (the “Town Council” and “Town,” respectively) adopted a Tax Abatement Procedures Ordinance on March 24, 1997 (the “Ordinance”); and WHEREAS, pursuant to the Ordinance, Becknell Industrial LLC (the “Applicant”) has filed with the Town Council on August 17, 2016, a Petition for Real Property Tax Abatement Consideration (the “Application”), pursuant to I.C. 6-1.1-12.1-1-1 et. seq.; and WHEREAS, the Application has been reviewed by the staff, the Tax Abatement Committee and the Town Council, and the Town has received from the Applicant the requisite filing fee. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PLAfNFIELD, INDIANA, AS FOLLOWS: 1. Declaration of Economic Revitalization Area. The Town Council declares that the real estate described in Exhibit A, attached to and made part of this resolution, is, and shall hereinafter be, preliminarily deemed an “economic revitalization area” as that phrase is used and intended under the provisions of Indiana Code Sections 6-1.1-12.1-1 et. seq. Real Property and Improvements. The Town Council declares that any and all 2. improvements placed upon the real estate described in Exhibit A after the date of the adoption of this resolution by the Town Council, along with the said real estate, shall be eligible for real property tax abatement pursuant to the provisions of I.C. 6-1.1-12.1-1 et. seq. 3. Maps and Location of Economic Revitalization Area. Exhibit B, attached to and made part of this resolution, is a map showing the real estate declared to be an “economic revitalization area” as a result of the adoption of this resolution. 4. Compliance with Applicable Resolution and Statues. The Town Council declares that the Application complies in all respects with the Ordinance and all governing Indiana statutes, and that the Application, in all respects, is preliminarily granted and approved. 5. Findings of Fact. The Town Council states that the property is now undesirable for, or impossible of, normal development and occupancy because of a lack of development, cessation of growth, deterioration of improvements or character of occupancy, age, obsolescence, substandard buildings or other factors that have impaired value or prevent normal development of property. The Town Council hereby finds the following:
(a)
The estimate contained in the Application of the value of the Applicant’s project is reasonable;
(b)
The employment numbers contained in the Application, if any, are reasonably expected;
(c)
The salaries reported in the Application related to such employment, if any, are reasonable; and
(d)
The benefits reported in the Application to be received from the Applicant’s project are sufficient to justify the deduction.
6. Abatement Duration. Based upon the provisions of the Ordinance, the Town Council declares that a ten (10) year abatement duration, as requested by Applicant, meets the requirements of the Ordinance. 7. Effective Date. This resolution shall be effective immediately upon its passage, subject to the notice and hearing provisions of I.C. 6-1.1-2.1-2.5. The hearing contemplated by said statute shall be held at the time and place of the meeting of the Town Council on September 22, 2016, to wit: Plainfield Town Hall, 206 W. Main Street, Plainfield, Indiana, at 7 p.m. local time. At such meeting the Town Council shall take final action determining whether the qualifications for an economic revitalization area (as to the real estate) have been met, and shall confirm, modify and confirm, or rescind this resolution. Such determination and final action by the Council shall be binding upon all affected parties; subject to the appeal procedures contemplated by I.C. 6-1.1-12.1-1 et. seq. 8. Filing With Hendricks County Authorities. Upon the adoption of this resolution, the Clerk-Treasurer of the Town shall cause a certified copy of this resolution, including the legal description of the previously described real estate and attached map, to be filed with the Hendricks County Assessor and/or such other Hendricks County Government officials as shall be necessary to make the Applicant eligible to file for property tax abatement as to the real property and improvements contemplated by the Application.
Adopted by the Town Council of the Town of Plainfield, Indiana this 2016.
12th
day of September,
TOWN COUNCIL, TOWN OF PLATNFIELD HENDRICKS COUNTY, INDIANA
j
Robin G. Brandgard,’ resident
Kent’McPhail
Wesley R. Be ett, Clerk-Treasurer of the Town of Plainfield, Indiana
STATEMENT OF BENEFITS REAL ESTATE IMPROVEMENTS
201? PAY2OI8
FORM SB-I I Rest Property
State Form b1767(R6/10-14) Prouctlbed by the Department of Local Government Fhrtnce
PRIVACY NOTICE tier cOat
My iirfo,watrn CutrcunWn5 of 5* properly bnd apu’;ilie
mb statement Is being completed for real property that quatilea under the tollowitig Indiana Code (chock one box): L Redevelopment or rehabilItation ot real estate ImprovementS (IC 6-1 .1-12.1-4) C Residentiel.y distressed area (IC &-1 1-12,14.1)
i,kr vs
iski to bndMrJ.jal .enpfoyens uy the property eerier is ix)nfldeiiou pit
ICC-l.i-12.1.ti.1.
INSTRUCTIONS: 1. This statement must be submitted Ia the body desIgnating the Economic RuvitoIloUon Area prior to the public hoot/np lithe de.signattng bodyreqtiitea information ttom die epliticant in reeling its decision about whether to designate an Ecyirrornic Rovitallceticxt Area, Otherwise this statement must be submitted to the designating body BEFORE the redevotopmont or rehebIlltetloti of real property for which the person wishes to claim a deduction. 2. The stuternerst of banottis icon must be submitted to the designating body and the urea des!pnated en economic revitalization area bolero the initiation of the redevelopment or rahebllitnUon icr which the person desires to delin a deduction. 3. To obtain a dodctlon, a form 322/RE must be flied with the CountyAutlltor before May10 in the mor in which the addition to assessed valuation Is made or not later then thirty (30) days after Vie assessment notion IS mailed to the properly owner/fit wms mailed aftetApri! 10. A property owner who toiled to file a deduction vpphcation within the prescribed deadline may file an application between March 7 and May10 of a eubsequantyean 4. A property owner who files for the deduction must provide the County Auditor and das4nwring body with a Form CF-I/Real Property. The Form CF-f/Real Property should be attached In the Form 322’RE when the deductin is first claimed and then updated annually for each year tire deduction l applicable. IC 6-1.1-12,1-5,1(b) 5. Far a Form SB-I/Real Property thetis approved after June 30, 2013, the designating body is requfred to establish en ebatemattt schedule for each deduction allowed For a Form SB-f/Real Property that is approved poor to July 1, 2013, the abatement schedule opproved by the designating betty remains to effect. IC 6-1.1-12.1-17
SEmIONI
.
TAxPAfl INFOMATI4.
.
...
mime St taxprynr
Becknell Industrial LLC of taupayer fnumber end *ee cifl state, end ZIP code)
Address
2750 East 146th Street, Carmel, Indiana 46033 Narter
Juilress
1aphone number
of contact pOtSOS
c 317 ) 669-6013
Pete Anderson
pandersonibecknellindustrial.com masorusor number
rII’.’ .5 w.4I’tf 1555
Town of Plainfield, County of Hendricks Location of
property
County
—
LHenUricks
2155 Stafford Road, Plainfleld IN
OLOF taxIng district number Eat5nated sta,tdats (month, day wer3
Oe5mipton of ‘eat aropoly broprovemonls, mrdevotoejnrat. or wiabiStabon (use ecktUlrx,& shests if necosswy) To be constructed, approxImate 336,000 square foot ofllc&warehous&diotrlbutbon building to be located on a carrentry vacant 27.3 acre land sIte.
10/01/2016 Estimated rempisddn date (eyE, dor, feel
10/01/2017 11yJt rtrr
1’r,,r
Snt,;,r
i.:,,twv
Hrarc,rr
tt.i,,,i’
r’m’rt
I
0 00
$0.00
0.00
Srwrwe
erbtdre’ral
$0.00
0 00
$0.00
--
I
REAL ESTATE IMPROVEMENt’S
ASSESSED VALUE 2500300.00
Current values Pius estimated values of proposed pro(ect
14.030,000.0O
Lessvakreso1anypropertybenrii,apbrcod Net estimated vebie men cnnrolelon of ordeef
-_____
000
0.00
Ifl 1vr3C33 Cr3
non on ..
Estfrnatcd solid waste converted (pounds)
.P.PP_________________
Estimated hazardous waste converted (pounds)
000
.
.
—*
Other beneblte
I hereb ,ryunJr --
Ptn
I 30 representations In thIs statement are
ily t .
iv’
cam of a tiwavc
J&e1f
true. Dale agned (month. day yee4
enerentfe—”
Tile
mprninriiidivv
j vP
I Page 1 of 2
_______ __________________
_______
We find that the applicant meets the genvi-el standards In the vsot.bon adopted or to be adopted by this body. Said resolutIon, passed or to be passed under IC 6-1.1-12.1, provIdes for the followng Imitations: colorrdar years (see boIw). The date this designation
A. The designated eras has been limited to a period of time not to exceed expires Is B. The typo of deduction that Is allowed in the dosii,ratad ama Is limited to; 1. Redevelopment or rehabIlitation of real estate improvements Q Yea 2. Resldantlaty distressed amos Q Yes C. The amount of the deduction applicable Is limIted to B. Other lImitations orcondltlons (specify) E. N’ambarofyearsatlcwed:
QYearl DYeerS
C] No C] No
$ ,,_,
....
Year2 [JYesr7
C]
Year3 C]Year6
Q
QYear4 QYow9
Yoarti f ace below) flYearlO
C]
F. Far a statement of benefits approved after June 30, 2013, did this desIgnating body adopt an abatement schedule per IC 6-1 .1-12.1-17? flYos fiNe If yea, attach a copy of the abatement schedule to this form. If no, the designating body Is required to establIsh an abatement schedule before the deduction can be determined. We have also reviewed the Inforrnafion contained In the statement of benefits and find that the estimates and expectations are reasonable and have determined that the totality of benefits Is sufficient to justify the deduction described above. Approved Isrijeslere and title of outhcrizod member IdostQnalWrg body)
‘Jslepiione
Dale signod (mon3 dey, year)
of datmjrcitiisj body
Printod sane of euttorized member of dosignataig body
Na
AttoOled by (5rIJto)Jfro eixi tile of olffisfeq
Printed
C
rrurnbet
sortie of attester
If the designating body hints the time period during which en area is an economic revitalization area, that limitation does not first the length of time taxpayer Is entitled to receive a deduction to a number of years that Is less than the number of years designated under IC 6-1.1-12.1-17,
a
A. For residentially distressed areas where the Form SB-I/Real Properly was approved prior to July 1, 2013, the deductions established In IC 6-1.1-12.1-4.1 remaIn In effect The deduction period may not exceed fIve(S) years. For a Form SB-lIRaeI Property Thetis approved after .lune 30, 2013, the desIgnating body is required to establish an abatement schedule for each deduction slowed. The deduction perIod may not exceed ton (10) years. (See lCfl-1.1-12.i-l7below.) B. For the redevelopment or rehabilitatIon of reel properly where the Form SB-I/Real Property was approved prior to July 1 2013, the ebatement schedule approved by the designating body remains In effevt. For a Form SB-i/Real Properly that Is approved after June 30, 2013, the designating body is required to establish an abatement schedule for each deduction allowed. (Seo IC 6-1.1-12.1-1? below.)
IC 6-1.1-12.1-17 Abatement schedules Sec. 17 (a) A designating body may provide La a business that Is eataNlohed in or relocated to a rovtalzatlon area and that rocelves a deduction under section 4 or 4.5 of thIs chapter an abatement schedule based on the fooowlng factcs; 1) 1 he total amount of the taspayer’s Investment in real and personal property. (2) The number of now fuf -time equivalent jobs created. (3) The average wage of the new employees compared to the state minimum wage. (4) The infrastructure requfrementa for lbs taxpayer’s investment. (b) Tha subsection applies to a statement of benefits approved after June 30, 2013. A dee!gnoting body shall etabUh an abatement schedule for each deduction allowed under this chaptst. An abatement schedule must specify th percentage amount of the deduction for each year of the deduction, An abatement schedule may not exceed ten (10) years. (c) An abatement schedule approved for a particular taxpayer before July 1, 2013, romsins In effect until tIre abatement scbredttia aspires unmet the terms of the resolution approving U’o taxpayer’s ttslomentofbenolls.
Page 2 of 2
EXHIBIT B
E.XIH fliT A LEGAL bESCIUFILON OP TilE IWAL ESTATE La XB f St rs4 Pw ofP*MkM Cncnmerce Center Phtse 11 Replat of Let iOn rptr thneofnotdcd àtc %? Pl*t Cbinct 7, Slide 13,psget IA, B & C, in tte Ot& of the RecerOer of 2011 at irjtnmiet: No. 2011 iNC Hendricks Courty. 1eO;;ri’.
:
0111
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I
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.2
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-
WHEREAS, the Town Council of the Town of Plainfield, Indiana (the “Town Council” and “Town,” respectively) adopted a Tax Abatement Procedures Ordinance on March 24, 1997 (the “Ordinance”); and WHEREAS, pursuant to the Ordinance, Becknell Industrial LLC (the “Applicant”) has filed with the Town Council on August 17, 2016, a Petition for Real Property Tax Abatement Consideration (the “Application”), pursuant to I.C. 6-1.1-12.1-1-1 et. seq.; and WHEREAS, the Application has been reviewed by the staff, the Tax Abatement Committee and the Town Council, and the Town has received from the Applicant the requisite filing fee. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PLAfNFIELD, INDIANA, AS FOLLOWS: 1. Declaration of Economic Revitalization Area. The Town Council declares that the real estate described in Exhibit A, attached to and made part of this resolution, is, and shall hereinafter be, preliminarily deemed an “economic revitalization area” as that phrase is used and intended under the provisions of Indiana Code Sections 6-1.1-12.1-1 et. seq. Real Property and Improvements. The Town Council declares that any and all 2. improvements placed upon the real estate described in Exhibit A after the date of the adoption of this resolution by the Town Council, along with the said real estate, shall be eligible for real property tax abatement pursuant to the provisions of I.C. 6-1.1-12.1-1 et. seq. 3. Maps and Location of Economic Revitalization Area. Exhibit B, attached to and made part of this resolution, is a map showing the real estate declared to be an “economic revitalization area” as a result of the adoption of this resolution. 4. Compliance with Applicable Resolution and Statues. The Town Council declares that the Application complies in all respects with the Ordinance and all governing Indiana statutes, and that the Application, in all respects, is preliminarily granted and approved. 5. Findings of Fact. The Town Council states that the property is now undesirable for, or impossible of, normal development and occupancy because of a lack of development, cessation of growth, deterioration of improvements or character of occupancy, age, obsolescence, substandard buildings or other factors that have impaired value or prevent normal development of property. The Town Council hereby finds the following:
(a)
The estimate contained in the Application of the value of the Applicant’s project is reasonable;
(b)
The employment numbers contained in the Application, if any, are reasonably expected;
(c)
The salaries reported in the Application related to such employment, if any, are reasonable; and
(d)
The benefits reported in the Application to be received from the Applicant’s project are sufficient to justify the deduction.
6. Abatement Duration. Based upon the provisions of the Ordinance, the Town Council declares that a ten (10) year abatement duration, as requested by Applicant, meets the requirements of the Ordinance. 7. Effective Date. This resolution shall be effective immediately upon its passage, subject to the notice and hearing provisions of I.C. 6-1.1-2.1-2.5. The hearing contemplated by said statute shall be held at the time and place of the meeting of the Town Council on September 22, 2016, to wit: Plainfield Town Hall, 206 W. Main Street, Plainfield, Indiana, at 7 p.m. local time. At such meeting the Town Council shall take final action determining whether the qualifications for an economic revitalization area (as to the real estate) have been met, and shall confirm, modify and confirm, or rescind this resolution. Such determination and final action by the Council shall be binding upon all affected parties; subject to the appeal procedures contemplated by I.C. 6-1.1-12.1-1 et. seq. 8. Filing With Hendricks County Authorities. Upon the adoption of this resolution, the Clerk-Treasurer of the Town shall cause a certified copy of this resolution, including the legal description of the previously described real estate and attached map, to be filed with the Hendricks County Assessor and/or such other Hendricks County Government officials as shall be necessary to make the Applicant eligible to file for property tax abatement as to the real property and improvements contemplated by the Application.
Adopted by the Town Council of the Town of Plainfield, Indiana this 2016.
12th
day of September,
TOWN COUNCIL, TOWN OF PLATNFIELD HENDRICKS COUNTY, INDIANA
j
Robin G. Brandgard,’ resident
Kent’McPhail
Wesley R. Be ett, Clerk-Treasurer of the Town of Plainfield, Indiana
STATEMENT OF BENEFITS REAL ESTATE IMPROVEMENTS
201? PAY2OI8
FORM SB-I I Rest Property
State Form b1767(R6/10-14) Prouctlbed by the Department of Local Government Fhrtnce
PRIVACY NOTICE tier cOat
My iirfo,watrn CutrcunWn5 of 5* properly bnd apu’;ilie
mb statement Is being completed for real property that quatilea under the tollowitig Indiana Code (chock one box): L Redevelopment or rehabilItation ot real estate ImprovementS (IC 6-1 .1-12.1-4) C Residentiel.y distressed area (IC &-1 1-12,14.1)
i,kr vs
iski to bndMrJ.jal .enpfoyens uy the property eerier is ix)nfldeiiou pit
ICC-l.i-12.1.ti.1.
INSTRUCTIONS: 1. This statement must be submitted Ia the body desIgnating the Economic RuvitoIloUon Area prior to the public hoot/np lithe de.signattng bodyreqtiitea information ttom die epliticant in reeling its decision about whether to designate an Ecyirrornic Rovitallceticxt Area, Otherwise this statement must be submitted to the designating body BEFORE the redevotopmont or rehebIlltetloti of real property for which the person wishes to claim a deduction. 2. The stuternerst of banottis icon must be submitted to the designating body and the urea des!pnated en economic revitalization area bolero the initiation of the redevelopment or rahebllitnUon icr which the person desires to delin a deduction. 3. To obtain a dodctlon, a form 322/RE must be flied with the CountyAutlltor before May10 in the mor in which the addition to assessed valuation Is made or not later then thirty (30) days after Vie assessment notion IS mailed to the properly owner/fit wms mailed aftetApri! 10. A property owner who toiled to file a deduction vpphcation within the prescribed deadline may file an application between March 7 and May10 of a eubsequantyean 4. A property owner who files for the deduction must provide the County Auditor and das4nwring body with a Form CF-I/Real Property. The Form CF-f/Real Property should be attached In the Form 322’RE when the deductin is first claimed and then updated annually for each year tire deduction l applicable. IC 6-1.1-12,1-5,1(b) 5. Far a Form SB-I/Real Property thetis approved after June 30, 2013, the designating body is requfred to establish en ebatemattt schedule for each deduction allowed For a Form SB-f/Real Property that is approved poor to July 1, 2013, the abatement schedule opproved by the designating betty remains to effect. IC 6-1.1-12.1-17
SEmIONI
.
TAxPAfl INFOMATI4.
.
...
mime St taxprynr
Becknell Industrial LLC of taupayer fnumber end *ee cifl state, end ZIP code)
Address
2750 East 146th Street, Carmel, Indiana 46033 Narter
Juilress
1aphone number
of contact pOtSOS
c 317 ) 669-6013
Pete Anderson
pandersonibecknellindustrial.com masorusor number
rII’.’ .5 w.4I’tf 1555
Town of Plainfield, County of Hendricks Location of
property
County
—
LHenUricks
2155 Stafford Road, Plainfleld IN
OLOF taxIng district number Eat5nated sta,tdats (month, day wer3
Oe5mipton of ‘eat aropoly broprovemonls, mrdevotoejnrat. or wiabiStabon (use ecktUlrx,& shests if necosswy) To be constructed, approxImate 336,000 square foot ofllc&warehous&diotrlbutbon building to be located on a carrentry vacant 27.3 acre land sIte.
10/01/2016 Estimated rempisddn date (eyE, dor, feel
10/01/2017 11yJt rtrr
1’r,,r
Snt,;,r
i.:,,twv
Hrarc,rr
tt.i,,,i’
r’m’rt
I
0 00
$0.00
0.00
Srwrwe
erbtdre’ral
$0.00
0 00
$0.00
--
I
REAL ESTATE IMPROVEMENt’S
ASSESSED VALUE 2500300.00
Current values Pius estimated values of proposed pro(ect
14.030,000.0O
Lessvakreso1anypropertybenrii,apbrcod Net estimated vebie men cnnrolelon of ordeef
-_____
000
0.00
Ifl 1vr3C33 Cr3
non on ..
Estfrnatcd solid waste converted (pounds)
.P.PP_________________
Estimated hazardous waste converted (pounds)
000
.
.
—*
Other beneblte
I hereb ,ryunJr --
Ptn
I 30 representations In thIs statement are
ily t .
iv’
cam of a tiwavc
J&e1f
true. Dale agned (month. day yee4
enerentfe—”
Tile
mprninriiidivv
j vP
I Page 1 of 2
_______ __________________
_______
We find that the applicant meets the genvi-el standards In the vsot.bon adopted or to be adopted by this body. Said resolutIon, passed or to be passed under IC 6-1.1-12.1, provIdes for the followng Imitations: colorrdar years (see boIw). The date this designation
A. The designated eras has been limited to a period of time not to exceed expires Is B. The typo of deduction that Is allowed in the dosii,ratad ama Is limited to; 1. Redevelopment or rehabIlitation of real estate improvements Q Yea 2. Resldantlaty distressed amos Q Yes C. The amount of the deduction applicable Is limIted to B. Other lImitations orcondltlons (specify) E. N’ambarofyearsatlcwed:
QYearl DYeerS
C] No C] No
$ ,,_,
....
Year2 [JYesr7
C]
Year3 C]Year6
Q
QYear4 QYow9
Yoarti f ace below) flYearlO
C]
F. Far a statement of benefits approved after June 30, 2013, did this desIgnating body adopt an abatement schedule per IC 6-1 .1-12.1-17? flYos fiNe If yea, attach a copy of the abatement schedule to this form. If no, the designating body Is required to establIsh an abatement schedule before the deduction can be determined. We have also reviewed the Inforrnafion contained In the statement of benefits and find that the estimates and expectations are reasonable and have determined that the totality of benefits Is sufficient to justify the deduction described above. Approved Isrijeslere and title of outhcrizod member IdostQnalWrg body)
‘Jslepiione
Dale signod (mon3 dey, year)
of datmjrcitiisj body
Printod sane of euttorized member of dosignataig body
Na
AttoOled by (5rIJto)Jfro eixi tile of olffisfeq
Printed
C
rrurnbet
sortie of attester
If the designating body hints the time period during which en area is an economic revitalization area, that limitation does not first the length of time taxpayer Is entitled to receive a deduction to a number of years that Is less than the number of years designated under IC 6-1.1-12.1-17,
a
A. For residentially distressed areas where the Form SB-I/Real Properly was approved prior to July 1, 2013, the deductions established In IC 6-1.1-12.1-4.1 remaIn In effect The deduction period may not exceed fIve(S) years. For a Form SB-lIRaeI Property Thetis approved after .lune 30, 2013, the desIgnating body is required to establish an abatement schedule for each deduction slowed. The deduction perIod may not exceed ton (10) years. (See lCfl-1.1-12.i-l7below.) B. For the redevelopment or rehabilitatIon of reel properly where the Form SB-I/Real Property was approved prior to July 1 2013, the ebatement schedule approved by the designating body remains In effevt. For a Form SB-i/Real Properly that Is approved after June 30, 2013, the designating body is required to establish an abatement schedule for each deduction allowed. (Seo IC 6-1.1-12.1-1? below.)
IC 6-1.1-12.1-17 Abatement schedules Sec. 17 (a) A designating body may provide La a business that Is eataNlohed in or relocated to a rovtalzatlon area and that rocelves a deduction under section 4 or 4.5 of thIs chapter an abatement schedule based on the fooowlng factcs; 1) 1 he total amount of the taspayer’s Investment in real and personal property. (2) The number of now fuf -time equivalent jobs created. (3) The average wage of the new employees compared to the state minimum wage. (4) The infrastructure requfrementa for lbs taxpayer’s investment. (b) Tha subsection applies to a statement of benefits approved after June 30, 2013. A dee!gnoting body shall etabUh an abatement schedule for each deduction allowed under this chaptst. An abatement schedule must specify th percentage amount of the deduction for each year of the deduction, An abatement schedule may not exceed ten (10) years. (c) An abatement schedule approved for a particular taxpayer before July 1, 2013, romsins In effect until tIre abatement scbredttia aspires unmet the terms of the resolution approving U’o taxpayer’s ttslomentofbenolls.
Page 2 of 2
EXHIBIT B
E.XIH fliT A LEGAL bESCIUFILON OP TilE IWAL ESTATE La XB f St rs4 Pw ofP*MkM Cncnmerce Center Phtse 11 Replat of Let iOn rptr thneofnotdcd àtc %? Pl*t Cbinct 7, Slide 13,psget IA, B & C, in tte Ot& of the RecerOer of 2011 at irjtnmiet: No. 2011 iNC Hendricks Courty. 1eO;;ri’.
:
0111
-
;‘
I
t
.2
-.
-
-
It
-
-
-
-
-.
-
—0
rjr-
-
-
—
—-—-——-—-.——
-
j
-
-
-I,
/,
-
