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02-24-14 Council Agenda & Packet
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02-24-14 Council Agenda & Packet
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2/20/2014 2:27:01 PM
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
2/24/2014
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00cu5ign Envelope ID: DBF1C 726- DE71.4282-AE01- AD6D18FB46AD <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 />Pro'eet Related Actions <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 />paying the cost of cleanin u a Brownfield. <br />Points <br />49 <br />Develop a product or business based on licensing intellectual property arising <br />from research conducted at a universi ty in St. Joselph County. <br />35 <br />Achieve one or more physical elements identified in a development or <br />revitalization plan that has been approved by the Common Council. <br />36 <br />Super -Size Development Actions (For exceeding the minimum hJor s . foots a uired to meet base ear criteria Cumulative! <br />100 to 199% <br />200 to 299% <br />300 to 399% <br />400% and over <br />Construction Related Actions <br />Employ local companies for at least 75 %ofconstruction work(of that which is <br />reasonably available local) <br />20 <br />Purchase 75 %of materials local) of that which is reasonably available local) <br />20 <br />100% of construction workers are employees not Independent Contractors <br />19 <br />Pay 100% of the wage that the US Dept of Labor has determined to be <br />prevailing in St. Joseph County. Published on the Davis -Bacon website at <br />h access. , ov /davis.bacont. <br />22 <br />All contractommust contribute to a health plan. <br />22 <br />All contractors must contribute to a retirement plan. <br />18 <br />Contractors must maintain an Affirmative Action Plan. 1 <br />20 <br />Wage & Benefit Related Actions otA licant <br />Pay average of 100°/4 of mean hourly wage reported by the Bureau of Labor <br />Statistics in its most recent Metropolitan Area Occupational Employment <br />Annual Wa a Estimates for South Bend, Indiana Metropolitan Statistical Area <br />33 <br />(Rev. 5113/11) <br />
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