Amending Chapter 2 as Tax Abatement Procedures

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(2) Whether the information contained in the Petition and Statement of Benefits indicates that the requirements of this Article are met by the project as described in the petition. (3) Whether zoning requirements have been met, according to the Department of Code Enforcement. A copy of the Department of Code Enforcement's report shall be attached to the report. (4) Whether the project is located in a tax allocation area, as defined in I.C. , 36-7-14-39, and if so, whether the South Bend Redevelopment Commission has adopted a resolution approving that application. A copy of such a resolution if required shall be attached to the report. (5) If additional terms of tax abatement have been proposed a copy of the proposed agreement shall be attached to the report. (6) Whether in the Department of Economic Development's opinion, a deduction should be allowed based on the following: (I) Whether the estimate of the value of the redevelopment or rehabilitation is reasonable for projects of that nature. (II) Whether the estimate of the number of individuals who will be employed or whose employment will be retained can be reasonably expected to result from the proposed described redevelopment or rehabilitation. (III) Whether the estimate of the annual salaries of those individuals who will be employed or whose employment will be retained can be reasonably expected to result from the proposed described redevelopment or rehabilitation. (IV) Whether any other benefits about which information was requested are benefits that can be reasonably expected to result from the proposed described redevelopment or rehabilitation. (e) The Department's report shall also attach to it a copy of the Petition and Statement of Benefits form and all attachments thereto. Sec. 2-84.10 Review and Recommendation by the Council's Human Resources and Economic Development Committee. (a) The Human Resources and Economic Development Committee shall examine, review and conduct a public committee meeting concerning the petition and Statement of Benefits, and Declaratory Resolution. Such meeting shall not be scheduled until the advisory report from the Department of Economic Development has been received by the Clerk, Committee, Minority Affairs Council, and Petitioner. (b) The Petitioner and/or its representatives shall be required to attend all such committee meetings where such information is to be reviewed. The Petitioner shall present