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C. Add-on Abatement General Standards: Proposed Retail developments, which qualify <br />to be considered for a Base Abatement under the provisions of paragraph B above, may be <br />considered for an Add-on Abatement consisting of from one (1) to seven (7) years real <br />property tax abatement. <br />D. Compliance with state law: All applicants seeking real property tax abatement <br />consideration under this section must also comply with all applicable regulations set forth in <br />I.C. 6-1.1-12.1-1 et seq. <br />Sec. 2-79.1. Retail Developments In Urban Enterprise Zone <br />A. Generally: The Council believes that the following general standards have a <br />reasonable relationship to the development objectives for Retail development within the <br />UEZ, and would warrant tax abatement consideration as set forth herein. <br />B. Base Abatement General Standards: <br />New Construction: Proposed retail developments which incorporate new <br />constnaction and are to be located within the UEZ, may be considered for a Base <br />Abatement consisting of three (3) years real property tax abatement. <br />2. Rehabilitation: Proposed retail development which incorporate Rehabilitation of <br />existing structures located within the UEZ, may be considered for a Base <br />Abatement consisting of three (3) years real property tax abatement. <br />C. Add-on Abatement General Standards: Proposed Retail developments, which qualify <br />to be considered for a Base Abatement under the provisions of paragraph B above, may be <br />considered for an Add-on Abatement consisting of from one (1) to seven (7) years real <br />property tax abatement. <br />D. Compliance with state law: All applicants seeking real property tax abatement <br />consideration under this section must also comply with all.applicable regulations set forth in <br />I.C. 6-1.1-12.1-1 et seq. <br />DIVISION 5. MIXED USE DEVELOPMENT REAL PROPERTY TAX ABATEMENT <br />Sec. 2-80. Mixed Use Developments In Central Business District <br />A. Generally: The Council believes that the following tax abatement general standards <br />have a reasonable relationship to the development objectives of Mixed Use developments <br />within the Central Business District, and would warrant tax abatement consideration as set <br />forth herein. <br />B. Base Abatement General Standards: <br />New construction: Proposed Mixed Use developments which incorporate new <br />construction of not less than fifteen thousand (15,000) square feet, and which are <br />to be located within the Central Business District, may be considered for a Base <br />Abatement consisting of three (3) years real property tax abatement. <br />2. Rehabilitation: Proposed Rehabilitation of existing structures located within the <br />Central Business District and which propose Rehabilitation of not less than five <br />Tax Abatement Ordinance Page 32 <br />