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County council approves late filing so Invalier (formerly DSM) may claim 2016 tax phase‑in
Summary
Vandenberg County council voted to permit Invalier to file late for a 10‑year tax phase‑in previously approved in 2016 after staff said the company met performance metrics (property investment, jobs, wages); the assessor initially denied the late filing and council action enables the deduction with any statutory penalty assessed to the company.
Patrick Hickey of the Evansville Regional Economic Partnership and James Davidson, controller at Invalier (formerly DSM Engineering Plastics), asked the council to allow a late filing so the company can claim a 10‑year tax phase‑in approved in 2016.
Hickey said the company "complied with what they said they were going to do" in terms of real and personal property and job creation, and cited figures presented to the council: about $30,000,000 in property (roughly $25,000,000 personal property), approximately 150 jobs and roughly $18,000,000 in total salaries. The assessor had denied the late filing for a late submission; Hickey and Davidson said the assessor cannot grant the exception but the governing body can.
Council members asked whether the company still met the abatement qualifications; staff confirmed the project was approved in 2016, the economic revitalization designation had expired in 2020, and the 10‑year abatement remains in effect. Hickey offered to draft a short resolution for the president to sign if council wanted a paper trail; the council moved, seconded and approved a motion finding the company in compliance and permitting the late filing.
What happens next: staff will process the council'approved late filing, the company may incur a small statutory penalty for the late submission (the transcript records the existence of a small monetary penalty but not its recipient), and Hickey offered to prepare written documentation if council desires.
