9720-06 Amend various sections in Chapter 2, Article 6 - Tax Abatement

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Ordinance Regulating Tax Abatement Regulations Page 6 pf~t-Personal Property for which tangible personal property tax abatement is being petitioned will be located. 5. The current assessed valuation of the real property improvement before Rehabilitation, Redevelopment, economic revitalization, or improvement; or the current valuation of the tangible personal property to be replaced by New Personal Property 9. An estimate of the after-rehabilitation market value of the real property or an estimate of the market value of the New Personal Property after installation. 11. A description of the proposed project (whether Rehabilitation, new construction, or installation of New Personal Property), including information about physical improvements to be made or the New Personal Property to be installed, an estimate of the cost of the project, the amount of land to be used, the proposed use of the improvements, and a general statement as to the value of the project to the business. 13. Certification that no building permit has been issued for construction on the property for the improvement proposed or verification that the New "~^~••~ ^'~~ri^rt ~'^~~~^~°^* Personal Property has not been installed. 19. For personal property tax abatement, a description of why the facility or group of facilities to be replaced are technologically, economically or energy obsolete, whereby the obsolescence may lead to a decline in employment and tax revenues; together with a verification that the New Personal Property will be used , rixiniu=Lr^cccsc~ubfiEurrvr~asJC°nror)~ °cmauC~i6ir~~~9E ", and that the New "~^~~~~ ^*~~ri^R ~^~~~^~°^* in one 1) or more of the uses listed within the definitions of New Manufacturing Equipment, New Research and Development Equipment, New Logistical Distribution Equipment and New Information and Technology Equipment, all as set forth in I.C. 6-1.1-12.1 et sep•, was never before used by its owner for any purpose in Indiana. 20. The -name, address, ~ telephone number, facsimile number, email address, and web address of the person to contact regarding notice of Council meetings and public hearings concerning the petition. 21. The name, address, telephone number, facsimile number, and email address of the person who will work with WDS for employee recruitment.