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Amending Chapter 2 Entitled Tax Abatement Procedures
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Amending Chapter 2 Entitled Tax Abatement Procedures
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Last modified
2/22/2013 11:23:46 AM
Creation date
2/22/2013 11:23:44 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
7/14/1986
Ord-Res Number
7661-86
Bill Number
55-86
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(A) Location within the South Bend <br /> Central Development Area; and <br /> (B) Determination by the Redevelopment <br /> Design Review Committee that the <br /> project conforms to the Development <br /> Plan for the South Bend Central <br /> Development Area and that the site <br /> plan and specifications conform to <br /> design guidelines for the South Bend <br /> Central Development Area; and <br /> (C) The project conforms to at least one <br /> of the following criteria: <br /> i. Real property sold to the <br /> petitioner by the South Bend <br /> Redevelopment Commission <br /> through a contract for sale of <br /> land and deed under I.C. <br /> 36-7-14-1, et seq. <br /> ii. Renovation of a building <br /> determined by the South Bend <br /> Common Council or National <br /> Trust for Historic Preservation <br /> to be an historic building. <br /> iii. Development of skywalks, <br /> covered walkways or interior <br /> connections, in accordance with <br /> the South Bend Central <br /> Development Area Development <br /> Plan. <br /> iv. Structural parking or <br /> connections to existing parking <br /> structures as a part of the <br /> project. <br /> v. At least seventy-five percent <br /> of the net leasable square <br /> footage on the first floor of <br /> the property to be used for <br /> retail businesses. <br /> vi. Rehabilitation of a building <br /> that has been vacant for at <br /> least one year. <br /> (3 ) For ten year tax abatement: <br /> (A) Location within the South Bend <br /> Central Development Area; and <br /> (B) Determination by the Redevelopment <br /> Design Review Committee that the <br /> project conforms to the Development <br /> Plan for the South Bend Central <br /> Development Area and that the site <br /> plan and specifications conform to <br /> design guidelines for the South Bend <br /> Central Development Area; and <br /> (C) The project conforms to at least two <br /> of the following criteria: <br />
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