Laserfiche WebLink
South Bend Tax Abatement Ordinance <br /> o An agreement to grant access related to compliance inspections <br /> o Any events that might cause termination or payback actions <br /> • The applicant must be current in their taxes. <br /> • There must be no pattern of local, state or federal law or regulatory violations. <br /> Add-On Abatement <br /> One to seven additional years abatement may be considered for projects involving certain <br /> commercial real property(listed above) that achieve Public Benefit Points described in <br /> the following tables: <br /> Table I <br /> Project Related Actions Points <br /> Redevelop a site which has special needs such as converting a commercial 49 <br /> Lbuilding to residential use, rehabilitating and reusing an historic building, <br /> ating and reusing a property that has been designated a "problem <br /> "by the Community and Economic Development Department, or <br /> he cost of cleaning u p a Brownfield. <br /> Develop a product or business based on licensing intellectual property arising 35 <br /> from research conducted at a university in St. Jose h County. <br /> Achieve one or more physical elements identified in a development or 36 <br /> revitalization plan that has been approved by the Common Council. <br /> Super-Size Development Actions (For exceeding the minimum hard $ costs or <br /> s . footage required to meet base year criteria)Cumulative! <br /> 100 to 199% 25 <br /> 200 to 299% 68 <br /> 300 to 399% 65 <br /> 400% and over 52 <br /> Construction Related Actions <br /> Employ local companies for at least 75% of construction work(of that which is 20 <br /> reasonabl y available locally) <br /> Purchase 75% of materials locally of that which is reasonably available locall 20 <br /> 100% of construction workers are em to ees not Independent Contractors 19 <br /> Pay 100% of the wage that the US Dept. of Labor has determined to be 22 <br /> prevailing in St. Joseph County. Published on the Davis-Bacon website at <br /> http://www.access.gpo.gov/davis.bacon/. <br /> All contractors must contribute to a health plan. 22 <br /> All contractors must contribute to a retirement Ian. 18 <br /> Contractors must maintain an Affirmative Action flan. 20 <br /> Wage & Benefit Related Actions of Applicant <br /> Pay average of 100% of mean hourly wage reported by the Bureau of Labor 33 <br /> Statistics in its most recent Metropolitan Area Occupational Employment <br /> Annual LV e Estimates for South Bend, Indiana Metropolitan Statistical Area. <br /> (Rev. 5113111) 2 <br />