Loading...
HomeMy WebLinkAboutCC-10-02-17-04 Gateway Electronic Medical Management Systems, Inc. Abatement TerminationSPONSORS: Councilors Finkam and Worrell RESOLUTION CC 10-02-17-04 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, ACCEPTING THE VOLUNTARY TERMINATION OF THE PERSONAL PROPERTY TAX ABATEMENT GRANTED TO GATEWAY ELECTRONIC MEDICAL MANAGEMENT SYSTEMS, INC. Synopsis: Per the request of Gateway Electronic Medical Management Systems, Inc., this Resolution terminates the personal property tax abatement granted to Gateway Electronic Medical Management Systems, Inc. by the City in 2010. WHEREAS, Gateway Electronic Medical Management Systems, Inc. (the "Company") operates a facility located at 201 West 103rd Street, Suite 140, in Carmel, Indiana (the "Facility"); and WHEREAS, under I. C. 6-1.1-12.1-2.5 and I.C. 6-1.2-12.1-4, the Common Council of the City of Carmel, Indiana (the "Council") may designate an area as an Economic Revitalization Area ("ERA") and determine the duration of the tax abatement period(s) for such property; and WHEREAS, in 2010, the Company filed an Indiana Statement of Benefits Personal Property form (the "SB -1 Form") certifying therein the number of additional employees and their average salaries (the "Commitments") that would be added at the Facility should it receive a partial personal property tax abatement and install certain information technology equipment (the "Equipment") in the Facility. A partially redacted copy of the Company's SB -1 Form is attached hereto and incorporated herein by this reference as Exhibit A; and WHEREAS, in reliance on the Commitments, the Council, through its Resolutions No. CC 04-19- 10-01 and No. CC 05-03-10-01 (individually and collectively, the "2010 Resolutions"), designated the Facility as an ERA and approved a 10 -year partial personal property tax abatement (the "Tax Abatement") for the Equipment; and WHEREAS, per its letter dated July 19, 2017, which is attached hereto and incorporated herein as Exhibit B, the Company will voluntarily relinquish the remainder of its Tax Abatement beginning in calendar year 2018; and WHEREAS, as a result of the Company's request, the Tax Abatement previously authorized and provided to the Company in 2010 is hereby terminated for the remaining scheduled years beginning in 2018. Resolution CC 10-02-17-04 Page One of Three Pages This Resolution was prepared by Jon A. Oberlander, Senior Assistant City Attorney, on 9/21/17 at 4:20 p.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. S:%Resohnions-CCC12017\CC-10-02-17-04 GEMMS Tax Abatement Termination Resolution, clean.doc SPONSORS: Councilors Finkam and Worrell NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, Indiana, as follows: Section 1. The foregoing Recitals are incorporated herein by this reference. Section 2. The Tax Abatement previously approved and provided to the Gateway Electronic Medical Management Systems, Inc. pursuant to the 2010 Resolutions should be and the same is hereby TERMINATED for the remainder of the scheduled years of the Tax Abatement beginning in the calendar year 2018. Section 3. The Clerk -Treasurer is directed to mail a certified copy of this Resolution to Gateway Electronic Medical Management Systems, Inc., the Hamilton County Auditor, and the Hamilton County Assessor. Section 4. This Resolution shall be effective from and after its passage and approval by the Mayor. [signature page follows] Resolution CC 10-02-17-04 Page Two of Three Pages This Resolution was prepared by Jon A. Oberlander, Senior Assistant City Attorney, on 9/21/17 at 4:20 p.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. S:\Resolutions-CCC\2017\CC-10-02-17-04 GEMMS Tax Abatement Termination Resolution. clean.doc SPONSORS: Councilors Finkam and Wo 11 SO RESOLVED by the Common Council of the City of Carmel, Indiana this 2 day of © rJ� h'f r , 2017, by a vote of _ayes and nays. COUNCIL FOR THE Sue Kevin D. Rider, Vice President L D. Campbell onald E. Carter Anthony Green H. Bruce Kimball (—\A ( aeqAe Jef Pfesenled by me to the Mayor of the City of Carmel, C46 1Y)-y 2017, at TW M. f� this day of Christine S. Paulev, C1eyk-Treasurer Approved by me, Mayor of the City Carmel, Indiana, this ��y of �� 2017, at �_A4 M fames Brainard, Mayor Christine S. Padley, Clerk-Treasur Resolution CC 10-02-17-04 Page Three of Three Pages This Resolution was prepared by Jon A. Oberlander, Senior Assistant City Attorney, on 9/21/17 at 4:20 p.m. No subsequent revision to this Resolution has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. S:Vteaolutions-CCC%20171CC-10.02-17-04 GEMMS Tax Abatement Termination Resolution, clean.doc • •TAT• STATEMENT OF BENEFITS PERSONAL PROPERTY Stale Form 51764 (R 11.06) e,e Prescribed by the Department of Local Government Finance FORM SBA / PP PRIVACY NOTICE The cost and any specific individual's salary information is confidential; the balance of the filing is public record per IC 6-1.1-12.1-5.1 c) and (d). INSTRUCTIONS: 1. This statement must be submitted to the body designating the Economic Revitalization Area prior to the public hearing if the designating body requires information from the applicant in making its decision about whether to designate an Economic Revitalization Area. Otherwise this statement must be submitted to the designating body BEFORE a person installs the new manufacturing equipment and/or research and development equipment, and/or logistical distribution equipment and/or information technology equipment for which the person wishes to claim a deduction. "Projects"planned or committed to after July 1, 1987, and areas designated after July 1, 1987, require a STATEMENT OF BENEFITS. (IC 6-1.1-12.1) 2. Approval of the designating body (City Council, Town Board, County Council, etc.) must be obtained prior to installation of the new manufacturing equipment and/or research and development equipment and/or logistical distribution equipment and/or information technology equipment, BEFORE a deduction may be approved 3. To obtain a deduction, a person must file a certified deduction schedule with the person's personal property return on a certified deduction schedule (Form 103 -ERA) with the township assessor of the township where the property is situated. The 103 -ERA must be filed between March 1 and May 15 of the assessment year in which new manufacturing equipment and/or research and development equipment and/or logistical distribution equipment and/or information technology equipment is installed and fully functional, unless a filing extension has been obtained. A person who obtains a filing extension must file the form between March 1 and the extended due date of that year. 4. Property owners whose Statement of Benefits was approved after June 30, 1991, must submit Form CF -i / PP annually to show compliance with the Statement of Benefits. (IC 6-1.1-12.1-5.6) 5. The schedules established under iC 6-1.1-12.1-4.5(d) and (e) apply to equipment installed after March 1, 2001. For equipment installed prior to March 2, 2001, the schedules and statutes in effect at the time shall continue to apply. (IC 6 i.1 -12.1-4.5(i) and (g)) Name of taxpayer GEMMS, Inc. Address of taxpayer (number and street, city, state, and ZIP code) 201 West 103rd Street, Suite 140, Indianapolis, Indiana 46290 _ Name of contact person Telephone number Rodger Pinto (317) 819-5060 e=1110-M!'UTIMEN e o o s • -• Name of designating body Resolution number (s) Carmel City Council Location of property County DLGF taxing district number 201 West 103rd Street, Suite 140, Indianapolis, Indiana 46290 Hamilton 29-003 Description of manufacturing equipment and/or research and development equipment ESTIMATED and/or logistical distribution equipment and/or information technology equipment. START DATE COMPLETION DATE (use additional sheets if necessary) GEMMS plans capital investment of $279,500 in new iT/ Manufacturing Equipment technology and computer equipment that meets the R & D Equipment needs of their innovative cardiology specialty company. Logist Dist Equipment IT Equipment 03/01/2010 12/31/2014 • • e e - e - e • e • - • c;,,,.;-,; nun.hF Salaries Number retained Salaries Number additional Salaries a0 2,882,880.00 40 2,882,880.00 69 4,968,000.00 i MANUFACTURING R & D EQUIPMENT LOGIST DIST IT EQUIPMENT NOTE: Pursuant to IC 6-1.1-12.1-5.1 (d) (2) the EQUIPMENT EQUIPMENT COST of the property is confidential. COST ASSESSED COST ASSESSED COST ASSESSED COST ASSESSED VALUE VALUE VALUE VALUE Current values Plus estimated values of proposed project Less values of any property being replaced Net estimated values upon completion of project • ♦ • e e • e Estimated solid waste converted (pounds) Estimated hazardous waste converted (pounds) Other benefits: �StctlON • I hereby certify that the representations in this statement are true. Signature of authorized r present�tiv �� Title Date signed (month, day, year) /-)6lo Gry 11 3 /� We have reviewed our prior actions relating to the designation of this economic revitalization area and find that the applicant meets the general standards adopted in the resolution previously approved by this body. Said resolution, passed under IC 6-1.1-12.1-2.5, provides for the following limitations as authorized under IC 6-1.1-12.1-2. A . The designated area has been limited to a period of time not to exceed is B . The type of deduction that is allowed in the designated area is limited to: 1. Installation of new manufacturing equipment; 2. Installation of new research and development equipment; 3. Installation of new logistical distribution equipment. 4. Installation of new information technology equipment; calendar years' (see below). The date this designation expires Dyes []No ❑Yes ❑N o Dyes ❑N o ❑Yes ❑N o C. The amount of deduction applicable to new manufacturing equipment is limited to $ cost with an assessed value of D. The amount of deduction applicable to new research and development equipment is limited to $ _________________ cost with an assessed value of $ E . The amount of deduction applicable to new logistical distribution equipment is limited to $ cost with an assessed value of F. The amount of deduction applicable to new information technology equipment is limited to $ G. Other limitations or conditions cost with an assessed value of H. The deduction for new manufacturing equipment and/or new research and development equipment and/or new logistical distribution equipment and/or new information technology equipment installed and first claimed eligible for deduction on or after July 1, 2000, is allowed for: ❑ 1 year 06 years " For ERA's established prior to July 1, 2000, onIv a ❑ 2 years ❑ 7 years 5 or 10 year schedule may be deducted. ❑ 3 years ❑ 8 years ❑ 4 years ❑ 9 years ❑ 5 years " ❑ 10 years Also we have reviewed the information 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: (signature title of au rued ember) Telephone number Date signed (month, day, year) -oj�/ J /, l C� Attested by: / Des' a ate body u /71 1_4 n C f / If the designating body limits the time period Pur/g which an area is an economic revitalization area, it does not limit the length of time a taxpayer is entitled to receive a deduction to a number of rs designated under IC 6-1.1-12.1-4.5 EXHIBff A-- - . Z cc?- VGEMMS' Knowledge for Cardiologists July 19, 2017 City of Carmel Common Council Carmel Finance Committee City Hall One Civic Square Carmel, IN 46032 RE: Gateway Electronic Medical Management Systems, Inc. Personal Property Tax Abatement Resolution CC: 04-19-10-01 Members of the Committee: Gateway Electronic Medical Management Systems, Inc. (GEMMS) greatly appreciates the support provided to our company over the past few years by the Carmel City Council. We have truly enjoyed our partnership with the City and certainly hope that this relationship continues well into the future. However, due to unforeseen circumstances, and a recent acquisition of the Company, GEMMS is unable to meet the job creation goals that had originally been planned when the Company entered into the property tax abatement in April, 2010. As such, we are respectfully requesting the Council to consider our voluntary termination of the property tax abatement. If the Council should find this agreeable, please let us know what the next steps would be to terminate and finalize the abatement agreement and to bring this matter to a close. Thank you very much for your consideration and support. Best regards, fir,.' '/C Z Rodger Pinto President, Chief Executive Officer GEMMS CC: Leslie Wagner, Senior Principal, Ginovus Gerald Frazier, Principal, Ginovus I 'EXHIBIT