The Board of Trustees of Miami Township, Clermont County, Ohio met in regular session at the Miami Township Civic Building on February 18, 2003 with the following members present: Mary Makley Wolff, Edwin H. Humphrey and Joseph. W. Uecker.
RESOLUTION AUTHORIZING A TAX ABATEMENT TO BEAUMONT MACHINE REPAIR, INC. AND BEAUMONT LEASE, L.L.C. THROUGH THE RURAL ENTERPRISE ZONE LEGISLATION, AND DISPENSING WITH THE SECOND READING
WHEREAS, Beaumont Machine Repair, Inc. and Beaumont Lease, L.L.C (hereinafter
referred to as "Enterprise") has recently relocated to Miami Township,
Clermont County; and
WHEREAS, the Enterprise proposes to retain 10 full-time jobs and create 25
new full-time jobs in Clermont County; and
WHEREAS, the Enterprise proposes to invest approximately $1,320,000 (One Million Three Hundred Twenty Thousand Dollars) at the project site located at 5161 Wolfpen-Pleasant Hill Road, of which $405,000 (Four Hundred Five Thousand Dollars) of this investment is eligible for tax exemption; and
WHEREAS, the Enterprise has requested a tax abatement under the Rural Enterprise Zone of Clermont County, Ohio in Miami Township established by Township Resolution 88-5 and County Resolution 102-89 pursuant to Section 5709.61 through 5709.66 of the Ohio Revised Code.
NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees of Miami Township ("Board"), Clermont County, Ohio by authority of Chapter 504 and Chapter 5709 of the Ohio Revised Code, as follows:
SECTION 1: That the Board in conjunction with the Clermont County Board of Commissioners, does hereby grant the Enterprise a 50% tax abatement on personal property for a period of five (5) years.
SECTION 2: That the Board has granted this tax abatement according to the attached formal agreement with the Enterprise.
SECTION 3: That the Clerk of the Board of Clermont County Commissioners is hereby authorized to forward this Resolution and the formal agreement between Miami Township and the Enterprise to the Director of the Department of Development, State of Ohio.
SECTION 54: The Board does hereby dispense with the requirement that this Resolution be read on two separate days, pursuant to Section 504.10 of the Ohio Revised Code, and authorizes the adoption of this Resolution upon its first reading.
SECTION 5: That this Board of Trustees hereby finds and determines that all
formal actions relative to the passage of this Resolution were taken in an open
meeting of this Board, and that all deliberations of this Board and of its
Committees, if any, which resulted in formal action, were taken in meetings open
to the public, in full compliance with applicable legal requirements, including
Section 121.22 of the Ohio Revised Code.
SECTION 6: This Resolution shall take effect at the earliest period allowed
by law.
First Reading: February 18, 2003
Second Reading: Dispensed with
Effective: March 20, 2003