Laserfiche WebLink
d. Pay for 76% - 100% of extension Fifty-two (52) Additional Public <br />Benefit Points] <br />6. Financially Support A Municipal Facility. Provide significant financial <br />sponsorship for a municipally owned park, recreation, cultural arts, or <br />entertainment facility, or other simi{ar public amenity. [Eighty-four (84) <br />Public Benefit Points] <br />B. Public Benefit Points Thresholds And Additional Abatement Years, Except Multi- <br />Family Development. Except with respect to multi-family development projects, <br />the threshold number of Public Benefit Points required to eam consideration by <br />the Council of each additional year of abatement shall be as set forth below: <br />1. 0 through 300 Public Benefit Points eams consideration of zero (0) <br />additional years of abatement. <br />2. 301 .through 357 Public Benefit Points eams consideration of one (1) <br />additional year of abatement <br />3. 358 through 414 Public Benefit Points eams consideration of two (2) <br />additional years of abatement <br />4. 415 through 471 Public Benefit Points eams consideration of three (3) <br />additional years of abatement <br />5. 472 through 528 Public Benefit Points eams consideration of four (4) <br />additional years of abatement <br />6. 529 through 585 Public Benefit Points eams consideration of five (5) <br />additional years of abatement <br />7. 586 through 642 Public Benefit Points eams consideration of six (6) <br />additional years of abatement <br />8. 643 to 1,000 Pubic Benefit Points eams consideration of seven (7) <br />additional years of abatement <br />C. Public Benefit Points Thresholds And Additional Abatement Years, Multi-Family <br />Development. With respect to multi-family development projects, the threshold <br />number of Public Benefit Points required to eam consideration by the Council of <br />each additional year of abatement shall be as set forth below: <br />1. 0 through 141 Public Benefit Points eams consideration of zero (0) <br />additional years of abatement. <br />2. 142 through 183 Public Benefit Points eams consideration of one (1) <br />additional year of abatement <br />3. 184 through 225 Public Benefit Points eams consideration of two (2) <br />additional years of abatement <br />4. 226 through 267 Public Benefit Points eams consideration of three (3) <br />additional years of abatement <br />Tax Abatement Ordinance Page 28 <br />