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Bill No. 22-21 Designating Intersection Dylan Dr. & Adams Rd. Tax Abatement for GLC Portage Prairie V LLC
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Bill No. 22-21 Designating Intersection Dylan Dr. & Adams Rd. Tax Abatement for GLC Portage Prairie V LLC
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Last modified
10/18/2022 5:03:52 PM
Creation date
5/18/2022 2:54:04 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
5/23/2022
Bill Number
22-21
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For Staff Use Only Below This Line <br /> (What Is the current assessed value? (Real Property: ( 75,800 IPersonal Property: I <br /> (What Is the projected assessed value? (Real Property: I IPersonal Property: <br /> (What is the tax key number for this project? I 025-1002-001301 <br /> What Is the six digit NAILS code? I Spec warehouse <br /> Please attach a Google map and street view of the location. <br /> (Please list the amount of real and personal property taxes (Real Property Taxes: IPersonal Property Taxes: <br /> paid for the last five years when applicable. <br /> I Year One I 1,428.67 <br /> Year Two I 2,080 <br /> Year Three I 2,690 <br /> Year Four I 4,028.48 <br /> Year Five I 6,909.62 <br /> Please fill out the following Public Benefit Summary Information and add to total from above. I <br /> Y or N I Points I Points <br /> Public Benefit Item: I <br /> Project Related: <br /> 5 I A. (Redevelop a Site that has Special Needs I n I I 49 ' <br /> B. IDevelop Based on Local University Research n I I 35 <br /> C. (Achieve a Physical Element of a Plan I n I I 36 <br /> (Sub-total Project Related: I II 120 <br /> I I I I <br /> 6 Super Size Projects(point values are cumulativeL I <br /> A. 100%to 199% I y I 25 I 25 <br /> I B. 1200%to 299% I y I 68 I 68 <br /> C. 1300%to 399% I y I 65 I 65 <br /> D. 1400%and Over y I 52 I 52 <br /> I I I I <br /> ' Sub-total Super Size Projects: I I 210 210 I <br /> 7 ( Pay for Municipal Infrastructure: <br /> A. (Pay for Oversizing or Upgrading I I I 14 <br /> B. (Pay for 26-SO%of Extension Cost I I I 26 <br /> C. (Pay for 51-75%of Extension Cost I I I 39 i <br /> I D. IPay for 76-100%of Extension Cost I I I S2 I <br /> I <br /> I ( (Sub-total Infrastructure Related: I I I 131 <br /> i <br /> Total from Applicant Section: 262 S39 <br /> Total from Staff Section: I 210 I 461 <br /> Total Public Benefit Points: I 472 I 1000 <br />
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