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DIVISION 8. WAREHOUSE DEVELOPMENT REAL PROPERTY TAX ABATEMENT <br />Sec. 2-83. Warehouse Development City-wide <br />A. Generally: The Council believes that the following general standards have a <br />reasonable relationship to the development objectives for Warehouse Development within <br />the City, and would warrant tax abatement consideration as set forth herein. <br />B. Base Abatement General Standards: Proposed Warehouse Development of new <br />construction or Rehabilitation of not less than twenty-five thousand (25,000) square feet per <br />project may be considered for a Base Abatement consisting of three (3) years real property <br />tax abatement. <br />C. Add-on Abatement General Standards: Proposed Warehouse Development, which <br />qualifies 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 />I.C. 6-1.1-12.1-1 et seq. <br />E. WDS Requirement: AI{ 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. 2-83.1. Warehouse Development In Economic Development Target Areas, <br />Urban Enterprise Zone And Redevelopment Blighted Areas <br />A. Generally: The Council believes that the following general standards have a <br />reasonable relationship to the development objectives for Warehouse Development projects <br />within the Economic Development Target Areas, UEZ, and Redevelopment Blighted Areas <br />and would warrant tax abatement consideration as set forth herein. <br />B. Base Abatement General Standards: Proposed Warehouse Development of new <br />constnaction or Rehabilitation in the Economic Development Target Areas, UEZ, or RBA <br />may be considered for a Base Abatement consisting of three (3) years real property tax <br />abatement. <br />C. Add-on Abatement General Standards: Proposed Warehouse Development, which <br />qualifies 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: Al! 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. 2-83.2. Role Of WDS With Warehouse And Industrial Developments <br />A. All petitioners seeking real property tax abatement for Warehouse Developments <br />pursuant to Section 2-83 and 2-83.1, and Industrial Developments pursuant to Section 2-82 <br />Tax Abatement Ordinance Page 36 <br />