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5046-23 Confirming Res., 1144 Corby Blvd., SB., IN 10 Yr. Real Property Tax Abatement
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5046-23 Confirming Res., 1144 Corby Blvd., SB., IN 10 Yr. Real Property Tax Abatement
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8/14/2023 10:21:43 AM
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8/1/2023 1:51:06 PM
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City Council - City Clerk
City Counci - Date
7/24/2023
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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 <br /> Resolution No. 5039-23, the property owner is qualified for and is granted a mixed-use <br /> development real property tax abatement for a period of ten (10) years as shown by the schedule <br /> 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 /> Year 7 - 40% <br /> Year 8 - 30% <br /> Year 9 - 20% <br /> Year 10 - 10% <br /> 7 <br />
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