County Council Approves Tax Abatement Compliance and New Project June 27, 2023 Report The Huntington County Council voted unanimously to approve CF-1 Tax Abatement Compliance Forms received from six companies at its regular meeting of June 26, 2023. The various projects total nearly $39 million in private capital investments. The companies involved were: *Commodity Blenders, LLC*Doc's Crane & Rigging, Inc.*Heartland REMC - Broadband Division*Intri-Cut Tool Co., LLC*Mitchell S Mounsey*R & M Terminals (F.K.A. Gladieux Energy, LLC) Tax Abatements are administered in compliance with Indiana Code Section 6-1 "et al." Governmental Designating Bodies, in this case, the Huntington County Council for non-incorporated areas throughout the geography which is Huntington County, approves abatements which then require the benefitting companies to file annual compliance documents to report their progress. The County Council considers four basic metrics in determining compliance: 1. Did the Company make the investment originally disclosed to and approved by the County Council?2. Did the Company create the jobs originally disclosed to and approved via the County Council's process?3. Is the Company cooperative with various County regulations and tax obligations?4. Has County Council previously considered the company to be within compliance on the abatement process? (For example,if a ten year abatement was approved, and the current filing is year six of ten, and the company has always been compliant before, County Council has gone through a public process to make that determination and has done so in a way the Indiana State Board of Accounts and Department of Local Government Finance can evaluate the decision, then the current compliance decision can be somewhat expedited.) The County Council also received and approved an original Statement of Benefits, Form SB-1, from Doc's Crane & Rigging, requesting an abatement associated with an investment of $998,000.00 worth of business personal property. County Council thanked the companies for investing in Huntington County and unanimously approved the documents.