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(d) Ten-Year General Standards: <br /> New Construction: Proposed industrial <br /> developments which incorporate new construction of not less <br /> than 30,000 square feet, may be considered for ten-year real <br /> property tax abatement. <br /> (e) Compliance With State Law: All applicants seeking <br /> real property tax abatement consideration under this Section <br /> must also comply with all applicable regulations set forth <br /> in I.C. , 6-1.1-12.1-1 et seq. <br /> (f) ETS Requirement: All applicants seeking real <br /> property tax abatement consideration under this section must <br /> also comply with working with ETS as set forth in Section 2- <br /> 83.2 . <br /> Sec. 2-82.1 Industrial Development in Urban Enterprise Zone <br /> (UEZ) and Redevelopment Blighted Areas (RBA) . <br /> (a) The Common Council believes that the following <br /> general standards have a reasonable relationship to the <br /> development objectives for industrial development within the <br /> Urban Enterprise Zone (UEZ) and Redevelopment Blighted Areas <br /> (RBA) of the City, and would warrant tax abatement <br /> consideration as set forth herein. <br /> New Construction and Rehabilitation: <br /> (b) Three-Year General Standards: <br /> Proposed industrial developments which meet the <br /> SIC requirements for new construction or rehabilitation, and <br /> which are to be located within the UEZ or RBA, may be <br /> considered for three-year real property tax abatement. <br /> (c) Six-Year General Standards: <br /> Proposed industrial developments of new <br /> construction or rehabilitation of not less than 5, 000 square <br /> feet, and which are to be located within the UEZ or RBA, may <br /> be considered for six-year real property tax abatement. <br /> (d) Ten-Year General Standards: <br /> Proposed industrial developments which incorporate <br /> new construction or rehabilitation of not less than 10, 000 <br /> square feet and which are to be located within the UEZ or <br /> RBA, may be considered for ten-year real property tax <br /> abatement. <br /> (e) Compliance With State Law: All applicants seeking <br /> real property tax abatement consideration under this Section <br /> must also comply with all applicable regulations set forth <br /> in I.C. , 6-1.1-12-1-1 et seq. <br /> (f) ETS Requirement: All applicants seeking real <br /> property tax abatement consideration under this section must <br /> also comply with working with ETS as set forth in Section 2- <br /> 83 .2. <br /> Sec. 2-82.2 Reserved. <br />