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B. Base Abatement General Standards: <br />1. New Construction: Proposed Industrial Developments which incorporate new <br />construction of not less than ten thousand (10,000} square feet, may be <br />considered for a Base Abatement consisting of three (3) years real property tax <br />abatement. <br />2. Rehabilitation: Proposed Rehabilitation of existing structures for Industrial <br />Developments and which propose Rehabilitation of not less than ten thousand <br />(10,000) square feet, may be considered for a Base Abatement consisting of <br />three (3) years real property tax abatement. <br />C. Add-on Abatement Generaf Standards: Proposed Industrial Developments, which <br />qualify to be considered for a Base Abatement under the provisions of paragraph B above, <br />may be considered for an Add-on Abatement consisting of from one (1) to seven (7) years <br />real property tax abatement. <br />D. Compliance with state faw: Alf 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 />E. WDS Requirement: All applicants seeking real property tax abatement consideration <br />under this section must also comply with working with WDS as set forth in Section 2-83.2. <br />Sec. 2-82.1. Industrial Development In Urban Enterprise Zone And Redevelopment <br />Blighted Areas <br />A. Generally: The Council believes that the following general standards have a <br />reasonable relationship to the development objectives for Industrial Development within the <br />Urban Enterprise Zone and Redevelopment Blighted Areas, and would warrant tax <br />abatement consideration as set forth herein. <br />B. Base Abatement General Standards: Proposed Industrial Developments which are to <br />be located within the UEZ or RBA, may be considered for a Base Abatement consisting of <br />three (3) years real property tax abatement. <br />C. Add-on Abatement General Standards: Proposed Industrial Developments, which <br />qualify to be considered for a Base Abatement under the provisions of paragraph B above, <br />may be considered for an Add-on Abatement consisting of from one (1) to seven (7) years <br />real 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 />{.C. 6-1.1-12.1-1 et seq. <br />E. WDS Requirement: All applicants seeking real property tax abatement consideration <br />under this section must also comply with working with WDS as set forth in Section 2-83.2. <br />Tax Abatement Ordinance Page 35 <br />