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South Bend Tax Abatement Ordinance <br />• An agreement to grant access related to compliance inspections <br />• Any events that might cause termination or payback actions <br />• The applicant must be current in their taxes. <br />• There must be no pattern of local, state or federal law or regulatory violations. <br />Add -On Abatement <br />One to seven additional years abatement may be considered for projects involving certain <br />commercial real property (listed above) that achieve Public Benefit Points described in <br />the following tables: <br />Table I <br />Project Related Actions 749 <br />Redevelop a site which has special needs such as converting a commercial <br />building to residential use, rehabilitating and reusing an historic building, <br />rehabilitating and reusing a property that has been designated a "problem <br />property" by the Community and Economic Development Department, or <br />a in S the cost of cleaning up a Brownfield. <br />Develop a product or business based on licensing intellectual property arising 35 <br />from research conducted at a university in St. Joseph Count . <br />Achieve one or more physical elements identified in a development or 36 <br />revitalization plan that has been approved by the Common Council. <br />Suner -Size Development Artinne (Fnr avrnor7;., , +t. : «: v L__J m <br />_..- ................ . -,- .p VI s . footage required to meet base ear criteria ) Cumulative! <br />100 to 199% 25 <br />200 to 299% 68 <br />300 to 399% 65 <br />400% and over 52 <br />Construction Related Actions <br />Employ local companies for at least 75% of constructioNwebsite t which is 20 <br />reasonably available local] <br />Purchase 75% of materials local] of that which is reasonably le local] 20 <br />100% of construction workers are employees not Independent ctors 19 <br />Pay 100% of the wage that the US Dept. of Labor has dee 22 <br />prevailing in St. Joseph County. Published on the Davis te at <br />http://www.access.gpo.gov/davis.bacon/. <br />All contractor s must contribute to a health plan. 22 <br />All contractors must contribute to a retirement plan. 18 <br />Contractors must maintain an Affirmative Action Plan. 20 <br />Wa e & Benefit Related Actions of Applicant <br />Pay average of 100% of mean hourly wage reported by the Bureau of Labor 33 <br />Statistics in its most recent Metropolitan Area Occupational Employment <br />Annual Wage Estimates for South Bend, Indiana Metropolitan Statistical Area. <br />(Rev. 5/13/11) 2 <br />