HomeMy WebLinkAboutCC 06-20-22-03/Blue Horseshoe Solutions - Termination of Tax Abatement SPONSOR: Councilor Worrell
This Resolution was prepared by Jon A. Oberlander, Corporation Counsel, on 6/9/22 at 9:49 a.m. No subsequent revision to this Resolution
has been reviewed by Mr. Oberlander for legal sufficiency or otherwise.
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RESOLUTION CC 06-20-22-03
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA,
ACCEPTING THE VOLUNTARY TERMINATION OF THE PERSONAL PROPERTY TAX
ABATEMENT GRANTED TO BLUE HORSESHOE SOLUTIONS, INC.
Synopsis: Per the request of Blue Horseshoe Solutions, Inc., this Resolution terminates the personal
property tax abatement granted to the company in 2016.
WHEREAS, Blue Horseshoe Solutions, Inc. (the “Company”) operates a facility located at 11939
N. Meridian Street, in Carmel, Indiana (the “Facility”); and
WHEREAS, under I. C. 6-1.1-12.1-2.5 and I.C. 6-1.2-12.1-4.5, 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 2016, 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 logistical distribution and 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 03-21-
16-03 and No. CC 04-18-16-02 (individually and collectively, the “2016 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 June 15, 2022, 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 2022; and
WHEREAS, as a result of the Company’s request, the Tax Abatement previously authorized and
provided to the Company in 2016 is hereby terminated for the remaining scheduled years beginning in
2022.
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 Company pursuant to the
2016 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 2022.
Resolution CC 06-20-22-03
Page One of Two Pages
DocuSign Envelope ID: 57DB828D-D3B2-4CEC-921A-0417EFD7848B
SPONSOR: Councilor Worrell
This Resolution was prepared by Jon A. Oberlander, Corporation Counsel, on 6/9/22 at 9:49 a.m. No subsequent revision to this Resolution
has been reviewed by Mr. Oberlander for legal sufficiency or otherwise.
C:\Users\jquinn\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\XM2EQ3MA\06-20-22-03 Blue Horseshoe Tax Abatement Termination Resolution Clean.doc
Section 3. The Clerk is directed to mail a certified copy of this Resolution to Blue Horseshoe
Solutions, 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.
SO RESOLVED, by the Common Council of the City of Carmel, Indiana, this ____ day of
________, 2022, by a vote of _____ ayes and _____ nays.
COMMON COUNCIL FOR THE CITY OF CARMEL
___________________________________
Kevin D. Rider, President Jeff Worrell, Vice-President
___________________________________ ____________________________________
Sue Finkam Laura Campbell
___________________________________ ____________________________________
H. Bruce Kimball Anthony Green
___________________________________ ___________________________________
Adam Aasen Tim Hannon
___________________________________
Miles Nelson
ATTEST:
__________________________________
Sue Wolfgang, Clerk
Presented by me to the Mayor of the City of Carmel, Indiana this ____ day of
_________________________ 2022, at _______ __.M.
____________________________________
Sue Wolfgang, Clerk
Approved by me, Mayor of the City of Carmel, Indiana, this _____ day of
________________________ 2022, at _______ __.M.
____________________________________
James Brainard, Mayor
ATTEST:
___________________________________
Sue Wolfgang, Clerk
Resolution CC 06-20-22-03
Page Two of Two Pages
DocuSign Envelope ID: 57DB828D-D3B2-4CEC-921A-0417EFD7848B
20th
June
22nd
10:45
June
8
11:15
A
0
A
Not Present
June
22nd
DocuSign Envelope ID: 57DB828D-D3B2-4CEC-921A-0417EFD7848B