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c. One hundred eighty -four (184) through two hundred twenty -five (225) <br />public benefit points earns consideration of two (2) additional years of <br />abatement; <br />d. Two hundred twenty -six (226) through two hundred sixty -seven (267) <br />public benefit points earns consideration of three (3) additional years of <br />abatement; <br />e. Two hundred sixty -eight (268) through three hundred nine (309) public <br />benefit points earns consideration of four (4) additional years of abatement; <br />f. Three hundred ten (310) through three hundred fifty -one (351) public <br />benefit points earns consideration of five (5) additional years of abatement; <br />g. Three hundred fifty -two (352) through three hundred ninety -three (393) <br />public benefit points earns consideration of six (6) additional years of <br />abatement; <br />h. Three hundred ninety -four (394) to one thousand (1,000) public benefit <br />points earns consideration of seven (7) additional years of abatement. <br />Sec. 2 -77.1. Single - family residential construction. <br />(a) Generally. The Council believes that the following general standards have a <br />reasonable relationship to the development objectives of single-family residential construction <br />within the City, and would warrant tax abatement consideration as set forth herein. <br />(b) Base abatement general standards. <br />(1) Proposed single- family new construction homes which are to be located within the <br />City's corporate boundaries and meet the requirements addressing residentially distressed <br />areas set forth in IC, 6- 1.1- 12.1 -2 and the provisions of subsection (d) below, may be <br />considered for a base abatement consisting of five (5) years real property tax abatement. <br />2 Rehabilitation. Proposed single-family residential developments which into orate <br />rehabilitation of not less than ten thousand dollars ($10,000.00) in hard - dollar costs <br />which are to be located in the Economically Distressed Area,-mav be considered for a <br />base abatement consisting of five 5 ears real property tax abatement. This abatement <br />will be considered only if the property in question does not qualify for either of the 5-ye <br />abatements specified in Indiana Code 6- 1.1 -12 -18 or 6-1.1-12-22. <br />(c) No add -on abatement. No add -on abatement will be granted for single - family <br />residential construction. <br />20 <br />