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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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(f) Warehousing (office and retail space not to <br /> exceed 20% of net leasable or usable space) : <br /> (1) For three year tax abatement: <br /> (A) New or rehabilitated property uses <br /> within major group 42 of the Standard <br /> Industrial Classification Manual. <br /> (2) For six year tax abatement: <br /> (A) New or rehabilitated property uses <br /> will be within major group 42 of the <br /> Standard Industrial Classification <br /> Manual. <br /> (B) At least 15 new, full-time, permanent <br /> jobs created by the project within <br /> one year, as certified by the <br /> petitioner. <br /> ( 3 ) For ten year tax abatement: <br /> (A) New or rehabilitated property uses <br /> within major group 42 of the Standard <br /> Industrial Classification Manual. <br /> (B) At least 25 new, full-time, permanent <br /> jobs created by the project within <br /> one year, as certified by the <br /> petitioner. <br /> (C) At least twenty percent of the new <br /> jobs to be created targeted to Job <br /> Training Program-eligible <br /> individuals. <br /> 2. Personal Property Tax Abatement for New <br /> Manufacturing Equipment. All petitions must meet at least one of <br /> the following criteria: <br /> X,! (A) TKO/400 New or rehabilitated <br /> property uses will be within major <br /> groups 20 through 39 or 42 of the <br /> Standard Industrial Classification <br /> Manual, published by the United <br /> States Office of Management and <br /> Budget. 04U14/ 111AX/X IY+ - YEI <br /> 11 ¢95 160tAtOd/}6 t/ ¢ 0ii¢0/Avid/t00/ <br /> 00157000/0f/OXIOA/A /A3b#XX 16X0/X i/ 1 0/ <br /> X,! (B) T] ¢/I5U15OttJ/X /X0¢4t$0 Location <br /> within 01 0/01 /t160/faX00 4t/AtO /01 / <br /> ')$/oX- /O15X¢ /00/0011i4 XX/X0JOW <br /> 41OOX# /#1g/Y /A15 i Ouifi15i1/X> 154¢./ <br /> 400O,{ a Tax Abatement Impact Area. <br /> O0/130ii001$/$;/X I d/16 4t/I6AttO/a/t140/0X14/0f/ <br /> $001A/UUvi4j OO tAtO/'X004 `hUl5l/$1tl/$0001614/S$10ittJ/ <br /> Xi41XUvAi/ 44/150 4t/RiOt0/15 selaA X1/910$0a15$4/A4/ <br /> f0X4$0$l/1bX1 <br /> 146tX1515X VAt/ 150/X1it5 $0 0vi/Sbf/ 150/ <br /> $01tiateAstiete Xt/ Xtllt7Wi -i/XX40/o1 /i1u0/oMX0#t0l/ <br /> X15s[4UvI I/0.i ¢1/$00140 Iii/1 AXX `0A91/ 191/ 10/f /AXX0t/ <br /> vi$M/O1 /ZX1 00X4sb I' /Y4'OW/0 04d1.041Mu/$A4d/04tti/ <br /> ill 0 00/$011 150A$tO ti/$031115/ I X141/1 A /AX0454/$A4d/AUteti/ <br />
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