9394-03 Amend Chapter 2, Replacing in its entirety Article 6 Entitled Tax Abatement Procedures

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Project Related Actions. The applicant will: a. Redevelop A Site That Has Special Needs By One Of The Following Actions [Forty-nine (49) Public Benefit Points]: (1) Convert An Eligible Building To Residential. Convert to residential use a commercial building that has been designated an Eligible Building ("Eligible Building") by the Community and Economic Development Department. The Council intends generally that an Eligible Building shall be a building identified as an important element in achieving the goals and objectives of a formally adopted plan (such as a neighborhood revitalization plan) or a building of such magnitude (as determined by its context) that it is considered critical to the success of efforts to enhance, improve, revitalize or preserve the surrounding area. (2) Rehabilitate An Historic Building. Rehabilitate and reuse a building that is on the National Register of Historic Places, a locally designated historic landmark, located in a National Register or local landmark district, eligible for nomination as a National Register or local landmark, or rated as Outstanding (O/13) or Significant (S/12 or S/11) in the most recent Historic Preservation Commission county-wide survey. (3) Rehabilitate A Problem Property. Rehabilitate and reuse a property that that has been designated a Problem Property by the Community and Economic Development Department ("Problem Property"). The Council intends generally that a Problem Property shall be a building, facility, or complex that has been cited by the City's Neighborhood Code Enforcement agency, or a difficult-to-adapt building or facility that was constructed and used for a single, unique purpose (such as a school building), or a building of such magnitude (as determined by its context) that it is considered critical to the success of efforts to enhance, improve, revitalize or preserve the surrounding area. (4) Clean Up A Brownfield. Pay the cost of cleaning up a Brownfield ("Brownfield"), which is any site, building, facility, or complex that has been designated a brownfield by the Community and Economic Development Department. b. Develop A Business Based On Local University Research. Develop a commercial product or enterprise that is based upon licensing intellectual property arising from research conducted at a public or private university, college, or community college within St. Joseph County. [Thirty-five (35) Public Benefit Points] c. Achieve A Physical Element Of A Plan. Achieve one or more physical element identified in a development or revitalization plan (such as a neighborhood, commercial corridor, or redevelopment plan) that has been approved by the Council. The term physical element includes Tax Abatement Ordinance Page 24