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DocuSign Envelope ID: DBFiC726-DE71-42B2-AE01-AD6D18F646AD <br /> 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 Points <br /> Redevelop a site which has special needs such as converting a commercial i <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 /> _paying 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 universi in St.Joseph Coun . <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 /> Super-Size Development Actions(For exceeding the minimum hard $costs or <br /> s . footage required to meet base year 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 construction work(of that which is 20 <br /> reasonably available local) <br /> Purchase 75%of materials local) of that which is reasonably available local) 20 <br /> 100% of construction workers are employees not Independent Contractors 19 <br /> Pay 100%of the wage that the US Dept. of Labor has determined to be 22 <br /> prevailing in St.Joseph County. Published on the Davis-Bacon website at <br /> http://www.access.gpo.gov/davis.bacon/. <br /> All contractors must contribute to a health plan. TArea. <br /> All contractors must contribute to a retirement Ian. <br /> Contractors must maintain an Affirmative Action Plan. <br /> Wage & Benefit Related Actions of Applicant <br /> Pay average of 100%of mean hourly wage reported by the!Burcau Statistics i n its most recent Metropolitan Area OccupationaAnnual Wa a Estimates for South Bend, Indiana Metro oli <br /> (Rev.5/13/11) 2 <br />