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Bill No. 23-37 Herstoric Properties LLC CONFIRMING South 516 Michigan St, SB, IN 6 yr Real Property tax abatement
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Bill No. 23-37 Herstoric Properties LLC CONFIRMING South 516 Michigan St, SB, IN 6 yr Real Property tax abatement
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6/22/2023 3:38:45 PM
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6/21/2023 4:08:48 PM
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For Staff Use Only Below This Line <br /> 1.4.7d : 6, loo <br /> What is the current assessed value? Real Property: <br /> 846: 34,500. `0O Personal Property: <br /> What is the projected assessed value? Real Property: - J Personal Property: <br /> What is the tax key number for this project? r — Q 8 -/2. ,- . 07 - 490 3 o p 0 -0 L <br /> What is the slx digit NAICS code? N/4 V 0 <br /> Please attach a Google map and street view of the location. <br /> Tease list the amount of real and personal property taxes Real Property Taxes: Personal Property Taxes: <br /> paid for the last five years when applicable. <br /> YearOnerat L( 1.02.2, Igg8 9 G 6 <br /> Year Two <br /> ,J Z LZ' 13 g 7. 3 .Z <br /> Year Three 2...( 2.4 i 3 F 7. o <br /> Year Four 2019 1LZY .ov <br /> Year Flve L Q/8' ti/4 <br /> Please fill out the following Public Benefit Summary Information and add to total from above- <br /> (Y or Nj Points Points <br /> Public Benefit Item: <br /> Project Related' <br /> 5 A. Redevelop a Site that has Special Needs y1� —I 1 49 <br /> B. Develop Based on Local University Research iJ 35 <br /> C. Achieve a Physical Element of a Plan N.+ 3(o 36 <br /> Sub-total Project Related: ?4> 120 <br /> 6 Super Size Pro acts jpoint values are cumulative): <br /> A. 100%to 199% I 25 25 <br /> B. 200%to 299% N i 68 <br /> C. 300%to 399% N <br /> I65 <br /> D. 400%and Over N 57 <br /> Sub-total Super Size Projects: 2.5 210 <br /> 7 Pay for Municipal Infrastructure: <br /> A. Pay for Oversizing or Upgrading 1/ 14 <br /> B. Pay for 26-50%of Extension Cost N 1 26 <br /> C. Pay for 51-75%of Extension Cost r 39 <br /> D. Pay for 76-100%of Extension Cost N 1 52 <br /> Sub-total Infrastructure Related: .....--- <br /> 131 <br /> Total from Applicant Section: 337 539 <br /> Total from Staff Section: //0 461 <br /> Total Public Benefit Points: `/y 7 1000 <br />
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