(A) Real property incentives may be available to any party owning or proposing to acquire an interest in real property in the Town of Hamden, or any party owning or proposing to acquire an interest in air space in the town, or with any party who is the lessee of, or who proposes to be the lessee of, air space in the town in such a manner that the air space leased or proposed to be leased shall be assessed to the lessee pursuant to Conn. Gen. Stat., § 12-64, fixing the assessment of the real property or air space which is the subject of the agreement, and all improvements thereon or therein and to be constructed thereon or therein subject to the provisions set for the below provided that the improvements shall be for one of the following: 1) office use; 2) retail use; 3) permanent residential use; 4) transient residential use; 5) manufacturing; 6) warehouse, storage or distribution use; 7) structured multi-leveled parking use necessary in connection with a mass transit system; 8) information technology; 9) recreational facilities; or 10) transportation facilities and which meet the eligibility criteria listed below.
(B) Personal property incentives may be available to any party owning or proposing to acquire an interest in real property in the Town of Hamden, or with any party owning or proposing to acquire an interest in air space in the town, or with any party who is the lessee of, or who proposes to be the lessee of, air space in the town in such a manner that the air space leased or proposed to be leased shall be assessed to the lessee pursuant to Conn. Gen. Stat., § 12-64, upon which is located or proposed to be located a manufacturing facility, as defined in Conn. Gen. Stat., § 12-81(72) and which meet the edibility as listed below.
(C) Real property incentives may be available to the owner of any real property located in Neighborhood Revitalization Zones (Highwood and State Street neighborhoods have been designated by the town as Neighborhood Revitalization Zones) who agrees to rehabilitate such property or construct new multi-family rental housing or cooperative housing on such property and which meet the eligibility criteria listed below.
(Ord. 428, passed 12-4-00; Am. Ord. 446, passed 10-1-01; Am. Ord. 510, passed 2-7-05; Am. Ord. 562, passed 7-7-08; Am. Ord. 613, passed 1-3-12; Am. Ord. 654, passed 1-5-15)