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5034-23 CONFIRMING South 516 Michigan St, SB, IN 6-Year Real Property Tax Abatement
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5034-23 CONFIRMING South 516 Michigan St, SB, IN 6-Year Real Property Tax Abatement
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8/18/2023 3:48:18 PM
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7/7/2023 5:00:00 PM
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City Council - City Clerk
City Counci - Date
6/26/2023
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EXHIBIT A <br /> Abatement Schedule <br /> Subject to the adoption by the SBCC of a resolution confirming the adoption of Declaratory Resolution <br /> No. 5030-23, the property owner is qualified for and is granted a mixed-use development real <br /> property tax abatement for a period of six (6) years as shown by the schedule outlined below. <br /> Year 1 - 100% <br /> Year 2 - 90% <br /> Year 3 - 80% <br /> Year 4 - 70% <br /> Year 5 - 60% <br /> Year 6 - 50% <br /> 6 <br />
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