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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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(k) Environmental <br />(1) Achieve 10% of electric usage via wind - powered generation on site: 1 <br />year <br />(2) Achieve 20% of roof area built as green roof. 1 year <br />(3) Participate in a EPA or State certified local brown -field clean -up effort: <br />1 year <br />(4) Achieve LEED "Silver" status: 2 years <br />(j} Special Business Focus <br />Technology -based businesses (new initiative by existing company or start -up): 5 <br />years <br />Operate a Green Businesses (80% of sales are "green" products or services): 2 <br />years <br />(1) Special Location Consideration <br />The project is located and continues to operate within any specific geographic <br />area targeted by the City for special property tax phase -in credit. <br />These special geographic areas include: <br />(i) Central Business District (CBD) <br />(ii) East Bank Development Area (EBDA) <br />(iii) South Side Development Area (SSDA) <br />(iv) Urban Enterprise Zone (UEZ) <br />Additional Credit Available: 2 years <br />Sec. 2 -83 C4t, 1-s-P4HVe_ h1- Percent of Taxes "Due Schedule <br />Property Tax Payments may be adjusted to reflect Tax Phase -1n Credits earned during the term <br />of the Phase -In in accordance with the following schedule. <br />17 <br />
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