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Bill No. 16-65 Designating Personal Property Tax Abate for 3B Tech, Inc.
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Bill No. 16-65 Designating Personal Property Tax Abate for 3B Tech, Inc.
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4/26/2017 9:47:53 AM
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8/17/2016 2:31:34 PM
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' <br />FOR USE OF:THE DESIGNATING <br />Wei— <br />n that-the,.applicant m4ets the general standards in the resolution adopted or to be ado bad by thi Swd res Ution,-passe or to be <br />undbr:IC'6A.A. 1,11,-'prbvides for the following limitations: <br />area has been limited to a p.prio -calerid r,y rs� The date thlsdes!qqatlq� <br />a ea <br />The'Vpd'p 06dubtl6rilhat Is allowed in the designated.area is limited to: <br />or e <br />1, Redevelopment I ir� habilitation of real estate Improvements Yes No <br />2. R6sidentiallydistress6d areas <br />C. <br />D. Other limitations or conditions <br />El <br />F. For a staterne I of benefits approved after June 30, 2013, did this deslgnpt�rig body adqpAAri abatement schedule per IC 6-1j�12.1-17? <br />If no, the designating bod Is n Q 0 ton can be determined. <br />determined that the totality of benefits Is sufficient to justify the deduction described above. <br />.phone number <br />Printed name of authorized member of designating body -Name of designating body <br />If the designating body limits the time period during which an area is an economic revitalization area, that limitation does not limit the length oftime a <br />ded� dtion twa number of years that ls�t", than the nufhber'bf Vear�,d6signated Under IC 6A.1-12.1-:17. <br />A. For residentially. distressed areas where the Form.SBA /Real Property, was -approved prior to.July 1, 2013, the. deductions established, In. Q <br />2013, the designgtlhg�li �.k required to establish an abatement schedule for each deduction allowed. The deduction period may not exceed ten <br />B. For the redevelopment or-rehabliltation of real prop <br />,ierly where the Form 813-1/Real Properlywas approved prior to.July.1, 2013, the abatement <br />schedule- a -_nlalns In effect-For-a Fqmn. SBA /Real Property. that Is approved after Jjjn�_,., 6? in <br />griat1bg P-' Y may, In or relocated to a Italizatiom area and that receives a <br />rev <br />section 4,or4.5..of.t6�Ag�i�-�-�h-�ii-�tbnieiit:ichddUle based on.thefollowing factors: <br />(2) The number of new full-time ec -jobs 6riAt <br />Tfi% wag- -- f 66 co!p -to the state minimum wage. <br />-(4) The: Infrastfrubturo requirements for tho-iaxpayers Investment. <br />(b) This subsOptIoR.appli 'to a statement of benefits- approved after June 30, 2013.- Adesignaling body shall establish ai <br />Qq <br />(c) An abatement schedule approved for a particular taxpayer before July 1, 2013, remains In effect until the abatement schedule expires under <br />Page 2 -of 2 <br />
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