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HomeMy WebLinkAboutTax Relief ,,," ..ill',,~ . ~ ~,:;,~~'1' i , APPLICATION TO DEPARTMENT OF REVENUE ~' '\ New or Expandina Manufacturina Industrv Property Improvements or Moderniz~d P~ocesses " (Title 15 - Chapter 24 - Part 14 MCA) y \ TO: GaIWi"'" CountJ Assessor .., Go \ loti n County :~i~~ ~~~;;~' ~z~r::~~~13~~f/:; , Legal description of affected property: -fR B r IV NoR -rAC - BOZ 'BLk 113 C of c, C - J. ~- a... Date'construction permit issued: ) , (If no permit is required, specify the date when certificate in lieu of building permit was issued.) This application covers the (expansion/new) construction of the plant. A public hearing on the matter of "New and Expanding" industry resolution for plant w~~ held at the County Courthouse at (a.m./p.m.) on the _ dcty of , 19_. -, Due notice as defined in 76-15-103 was given. True and exact copies of said notices are attached to this application. _ Yes _ No The statutory $50,000 investment requirement for expansion or modernization has been ~et. ~ Yes _ No The statutory $125,000 investment requirements for new improvements or modernized process have been met. Yes No - - An application for "new industry" classification under 15-6-135, MCA, has been made to the Department of Revenue for these facilities. _ Yes _ No I ~-7-'5 I). complete this section only if the application is for a firm that: 1) engages in transportation, warehousing, or distribution of commerica1 products if ~o~ or more of the gross receipts are earned from outside the state; OR 2) earns 50% or more of its annual gross income from out-of-state sales. NA l~qS 17141.1 a.pp / (( I qq b Type of Business: ~ J ~, Total Gross Sales or Receipts: $ Total Gross Income: $ Sales and Receipts from Outside of Montana: $ Income Earned From Sales Outside of Montana: $ (Attach Income Statements) ThiS~icat~i.s made under the provisions of 15-24-1402, MCA, and by resolution adopted by the:)t ((}10!1, of Ga 116 f 01 County, on the i/I!ItIt day of t!1 (>' p""A. , 19 R. (Ta ng Jur~sd~ct~on) A copy of same is attached. ~ . ~ ner Age t) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - We, the undersigned, of City of Bozeman (apprOve~r~L~r~) this application Title Taxing Jurisdiction for AK Specialties, Inc. We find that it (does/....=no:t;:) conform to the criteria as set forth in the resolution adopted by this City Commission r1l.:-.the5...' lay.. Of. August , 19% . " ., ,11 ... ,^).;.;" UI.~';{/1(t~ Clerk of Commission Name Title Name Title Name Title (Original); Clerk & Recorder (Pink); Tax Jurisdiction (Canary); Applicant (Gold) . I Revised 1-2-91 ' - . . . . E8~ AK Specialties, Inc. 415 A East Birch Street Bozeman, Montana 59715 (406) 587-2205 Fax 587-5633 PRECISION 2 March 28, 1996 City Commission City of Bozeman 411 E. Main BOZEMAN, MT 59715 Dear City Commission: Weare a fairly new business to Bozeman, specializing in machining metals or plastics. We have had approximately fifty different customers with nine of those generating major ongoing contracts. One of our biggest customers is in California. New to us this year, they have been over 50% of our sales since January 1st. Due to requests from our customers, we decided to invest in two major machines so that we could do large production runs. The first machine is a Haas Vertical Machining Center leased on June 7, 1995. It has generated business to make the monthly payments, plus we hired two more employees, first part time, now full time. The second machine is a Haas CNC Lathe leased on February 5, 1996. It, too, is paying for itself, and we hired another employee part time. We are projecting that we will need him full time in the near future. We would like to be considered for the tax incentives offered to expanding manufacturing businesses. Our line of production qualifies us as manufacturing. We are a clean, productive business with many satisfied customers local and distant. Thank you for your consideration. Sincerely, /75,:[ ;:-~ Tony 1. Knic President, AK Specialties, Inc. . J ~ . . SCHEDULE 'A' EQUIP~fENT SCIIEDULE TIDS SCHEDULE is attB.ched to and made part of a certain Lease Rental Agreement, nwnber 95140001, between CNC Associates, Inc., as Lessor, and A K Specialties, Inc., as Lessee. QUAl~TITY EQ11PiYffil'rr DESCRlPTION SERIAL T'ilJM::BER 5000 (1) l-Li\.'\S Vertical Machining Center: Model VF - 3, including: (1) Rigid TappLt'1g $71,900 (1) Programmable CC01ant Nozzle (1) Chip Conveyor (1) Coordinate Rotation and Scaling Option 5,995 (1) 35' Floppy Disk (1) Custom Macros Option (1) LDt Tooling 4,544 Set-up 1,000 Freight 1,200 $84,639 The Lessee hereby certifies that u.1e descriptioQ. of personal prof€Ily set forth above comtitutes at). accurate account of the Equlpment, as such is defined in the Le~1.se RenL'1.1 Agreement of which this Schedule is a part. . LESSOR: CNC Associates, Inc. LESSEE: A K Specialties, Inc. By: ~~ By: ~V<-1, T k ~k -. 0 Title: Secretary Title: President Date: 7/13/95 Date: &-1-9:5 . . .. . .I Page ~ of ~ Lease No. 022-3001206 FIRST SECURITY LEASING EXHIBIT A to Luse Schedule to Muter Equipment Lease Agrcem..nt DESCRIPTION OF EQUrPMENT Idenlifieation New Invoice or or Pun:hase ~ V..ndor Description Serial Number ~ ~ I KING MACHINE HAAS CNC/LATHE 60254 NEW $ 59,500.00 1 HAAS HYDRAULIC PKG NEW 6,495.00 I HAAS CHIP CONVEYOR NEW 4,995.00 1 3.5 FLOPPY DISC DRIVE NEW 995.00 \ TOOL WRENCH NEW 49,00 4 TOOL HOLDERS 3/4, 1-1/4, 1-1/2 NEW 400.00 4 TOOL HOLDERS 3/4 ONLY NEW 760.00 1 MACHINE SETUP 1,500.00 1 ROY AL TOOLING PKG NEW 2,082.00 1 V ALENfTE TOOLING PKG NEW 2,149,45 1 HARD lNG E TOOU.."W PKG NEW 1,357.55 FRT INS. & HANDLING - OUTGOING 1,350.00 TOTAL INVOlCE PURCHASE PRICE S S 1,633.00 LESSEE: A K SPECIALTIES, INC., A MONTANA CORPORATION and PAUL D. CHAUSSE and CONNIE 1. CHAUSSE and TONY J. KNICK and ANN E. KNICK. AS INDrvIDUA~ , C.. MOm-ANA CORPORATION By: d::2--- Its; ,. BY: Y &/iiMJ. - J4thY'J., CONNIE 1. CH BY: )({).qv;vt, K-1LU/t ANN E. KNICK, AN INDIVIDUAL