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Bill No. 23-38 Herstoric Properties LLC CONFIRMING South 516 Michigan St, SB, IN 2 yr. Vacant Building tax abatement
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Bill No. 23-38 Herstoric Properties LLC CONFIRMING South 516 Michigan St, SB, IN 2 yr. Vacant Building tax abatement
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6/22/2023 3:40:50 PM
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6/21/2023 4:23:28 PM
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For Staff Use Only Below This Line <br /> Ca'7d : 61 /00 <br /> What is the current assessed value? Real Property: mi.. 3 6,.7.0 0 Personal Property: <br /> What Is the projected assessed value? Real Property: - Personal Property: <br /> What is the tax key number for this project? '7! - D 8' -/L - 3o 7 - 003 , o o v <br /> What is the six digit NAICS code? N/4 <br /> Please attach a Google map and street view of the location. <br /> 'lease 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 /> Year One 7.ak u/ +oxL II/4/ b <br /> p, q <br /> Year Two / LL/ /3 8" 7. 3 7 <br /> Year Three zoz, 1 3 1' 7. o g <br /> Year Four Z O// i L Z't .00 <br /> Year Five r.O/l AJ/4 <br /> Please fill out the following Public Benefit Summary Information and add to total from above- <br /> (Y or N) Points Poin <br /> Public Benefit Item: <br /> Proiect Related' <br /> 5 A. Redevelop a Site that has Special Needs y n H 1 49 <br /> B. Develop Based on Local University Research NJ 35 <br /> C. Achieve a Physical Element of a Plan N.) 3(0 36 <br /> Sub-total Project Related: 6.4; 120 <br /> 6 Super Size ProLects_jpoint values are cumulative): <br /> A. 100%to 199% / 15 25 <br /> B. 200%to 299% j1/ I 68 <br /> C. 300%to 399% N 65 <br /> D. 400%and Over N 52 <br /> Sub-total Super Size Projects: 2.5 210 <br /> 7 Pay for Municipal Infrastructure: <br /> A. Pay for Oversizing or Upgrading 1V I 14 <br /> B. Pay for 26-50%of Extension Cost N 26 <br /> C. Pay for 51-75%of Extension Cost N 1 39 <br /> D. Pay for 76-100%of Extension Cost N ( 52 <br /> Sub-total Infrastructure Related: — 131 <br /> Total from Applicant Section: 337 539 <br /> Total from Staff Section: ///) 461 <br /> Total Public Benefit Points: `,111. 7 1000 <br />
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