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South Bend Redevelopment Commission <br />Regular Meeting - March 20, 1998 <br />6. NEW BUSINESS (CONT.) <br />b. continued.... <br />identified, a final determination will be <br />made as to eligibility and the term (or <br />length) of the abatement will be <br />established. Final determination examples <br />include: if the end user is a manufacturing <br />company, the term of the abatement would <br />not change since it falls under the <br />requirement of the Industrial Development <br />City Wide ordinance; if the end user is a <br />warehouse company, then the warehousing <br />requirements would be used and the <br />building would not receive abatement <br />because the building does not meet the <br />minimum requirement of 25,000 sf; if any <br />other type of use is identified, the building <br />would receive no abatement because the <br />above identified uses are not eligible for <br />abatement in this area and if there is a <br />mixed use, the predominant (50% or more) <br />use of the building would determine <br />eligibility for tax abatement and the above <br />criteria would establish the term of the <br />abatement. <br />Mr. Beitzinger has an amendment to his <br />staff report for this project and it reads as <br />follows: it has been brought to my <br />attention that my tax abatement report for <br />Cobra Development neglected to include <br />information concerning the status of this <br />project. A building permit for this project <br />was pulled on February 12, 1998. State <br />law does require that an applicant seeking <br />tax abatement receive approval of the <br />abatement prior to initiating the project. <br />Locally we have defined "initiating the <br />-11- <br />