By JANIE SOUTHARD
Celina City Schools board of education agreed to a tax abatement
that will waive taxes on a $17 million expansion project at
Celina Aluminum Precision Technology (CAPT).
District Treasurer Mike Marbaugh outlined the 10-year tax abatement
proposed by CAPT during a special Monday night board meeting.
In lieu of paying taxes, the school district will receive an
annual donation from the company for the next 10 years.
The 60 percent tax abatement of real estate and 100 percent
on personal property (machinery, for example) will benefit both
the school district and Jefferson Township, in which CAPT is
located, school officials said.
“Based on (CAPT’s) working estimate, it’s
likely the school will receive $100,000 to $150,000 over the
next 10 years, but, again, that’s just an estimate and
is a bit premature,” Marbaugh said of the donations CAPT
will make to the school district.
As with all tax abatements, the school will begin collecting
the year after the abatement is granted. Money realized will
go into the permanent improvement fund.
“My understanding is that CAPT wants to break ground on
the expansion as soon as possible,” Marbaugh said.
In the abatement agreement, the company has agreed to create
36 new full-time jobs. This is the fourth tax abatement for
CAPT that school officials have approved in eight years. Marbaugh
also noted that in the past four abatements CAPT has spent more
on projects than was anticipated.
In other business, the board received a letter of resignation
from Jackie Landrie, special education director, after 35 years
service as a teacher and administrator. She will retire from
teaching at the end of this contract year.
The board agreed to allow Superintendent Fred Wiswell to eliminate
Landrie’s position and job description as well as those
for assistant superintendent/-administrative assistant, which
is presently unfilled.
Those position eliminations will permit combining the various
responsibilities into a new job title, which Wiswell stressed
is not a new job creation.
The superintendent, who will work with the teachers’ union
to fill the position, said Landrie has volunteered to serve
on a committee to interview candidates.
“This is a challenging area, and it’s imperative
that we find a replacement quickly. I would hope we have someone
in place by the first of the year,” Wiswell said.