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10-11-10 Council Agenda & Packet
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10-11-10 Council Agenda & Packet
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10/8/2010 12:55:38 PM
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City Council - City Clerk
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a. Zero (0) through three hundred ninety -nine (390 399) public benefit points <br />earns consideration of zero (0) additional years of abatement; <br />b. Tree Four hundred one (304- 400) through three four hundred fifty seven <br />ninety -nine (3-57- 499) public benefit points earns consideration of one (1) <br />additional year of abatement; <br />c. wee Five hundred fifty - eight (3-58 500) through five hundred <br />€ew4een ninety-nine (44-4 599) public benefit points earns consideration of two <br />(2) additional years of abatement; <br />d. Fetff Six hundred fi teen (44-5 600) through feuf six hundred seveapy-ene <br />ninety -nine (471 699) public benefit points earns consideration of three (3) <br />additional years of abatement; <br />e. Few Seven hundred she (47� 700) through fwe seven hundred <br />tweniy eight ninety -nine (529 799) public benefit points earns consideration of <br />four (4) additional years of abatement; <br />f. Five Eight hundred tie (529 800) through €we eight hundred <br />eve ninety. (595 899) public benefit points earns consideration of <br />five (5) additional years of abatement; <br />g. Rv-e Nine hundred eighty six (5" 900) through six nine hundred fai4y twe <br />ninety -nine (64-2 999) public benefit points earns consideration of six (6) <br />additional years of abatement; <br />h. Six t,, ndr- fefty three One thousand (645 1000) to one (44,099) <br />or more public benefit points earns consideration of seven (7) additional years <br />of abatement. <br />From <br />To <br />Additional Years <br />0 <br />399 <br />0 <br />400 <br />499 <br />1 <br />500 <br />599 <br />2 <br />600 <br />699 <br />3 <br />700 <br />799 <br />4 <br />800 <br />899 <br />5 <br />900 <br />999 <br />6 <br />1,000 <br />& over <br />7 <br />(3) Public benefit points thresholds and additional abatement years, multi family <br />development. With respect to multi - family development projects, the threshold <br />number of public benefit points required to earn consideration by the Council of <br />each additional year of abatement shall be as set forth below: <br />18 <br />
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