Chapter 3.12 ECONOMIC REVITALIZATION AREAS
Section 3.12.070 Application contents--New economic revitalization area.
3.12.070 Application contentsNew economic revitalization area.
Any request for a designation of real property as an economic
revitalization area shall include
the following:
A. The titled landowner of the property
involved;
B. A legal description of the titled
property involved and the commonly known address of the
real property;
C. A statement that all taxes are current
and paid with regard to said titled property;
D. A complete statement of benefits form;
E. An executed agreement that the applicant
will participate and cooperate with the city and/or
its designated agencies and the common council for purposes of an annual review required by
Indiana Code, 6-1.112.1-5.1 (real property deduction), or Indiana Code, 6-1.112.1-5.6(b)
(new manufacturing equipment deduction);
F. If the business organization is publicly
held, the name of the corporate parent and the name
under which the corporation is filed with the Securities Exchange Commission;
G. A map and/or plat describing the area
where the economic revitalization area designation is
being requested;
H. The current assessed valuation of
the real property before rehabilitation; redevelopment,
economic revitalization or improvement;
I. The real and personal property taxes
paid at the location during the previous five years,
whether paid by the current owner or a previous owner;
J. A description of the proposed project
(whether rehabilitation, new construction or
installation of new manufacturing equipment), including information about physical improvements
to be made or the new manufacturing equipment to be installed, an estimate of the cost of the
project, the amount of land to be used, the proposed use of the improvements, and a general
statement as to the value of the project to the business;
K. An estimate of the number of full-
and part-time permanent jobs to be created by the
project within one year, a statement of the current number of permanent jobs at the location and the
impact on those (current) jobs to be caused by the project, the projected annual salaries for such
positions to be created;
L. A statement that no building permit
has been issued for construction on the real property
for the improvement proposed; and
M. The name, address and telephone number
of the person or contact regarding notice of
council meetings and meetings concerning the petition. (Ord. 92-7 § 3, 1992)