Section
154.01 Plan Commission to receive applications for economic revitalization areas
154.02 Economic revitalization area fees
154.03 Application forms
154.04 Investigation and public hearings
154.05 Resolution of the County Council required
154.06 Industrial use zoning
154.07 Improvements required within one year
154.08 Expiration of designation
154.09 State law
154.10 Criteria for economic revitalization areas
The Plan Commission is designated as the agency of the county which shall receive all applications from person, firms, organizations, or corporations requesting that certain real estate be designated as an Economic Revitalization Area.
(Prior Code, § 110.180) (Ord. 83-1, passed 6-20-1983)
Statutory reference:
Sets forth deductions for personal property tax abatements, see I.C. 6-1.1-12.1-4.5
Sets forth deductions for real property, see I.C. 6-1.1-12.1-4
(A) The fees to be paid by the applicants on the real estate to be designated as an Economic Revitalization Area shall be paid to the County Auditor, and shall thereafter remain the property of the county.
(B) The fees are as follows:
Fee | Value of Proposed Improvements |
$500 | $0 to $25,000 |
$150 | $25,001 to $75,000 |
$300 | $75,001 to $500,000 |
$500 | $500,001 and over |
(Prior Code, § 110.181) (Ord. 83-1, passed 6-20-1983)
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