(A) The County Council hereby finds that there is a need to develop tax abatement procedures, which set forth the philosophy, regulations, procedures, and general standards which the county believes are necessary to encourage economic development within the county limits.
(B) The County Council therefore declares that the following tax abatement procedures found in this subchapter and general standards shall govern tax abatement requests filed for consideration with the county.
(C) The following tax abatement procedures and general standards are promulgated pursuant to the Home Rule powers vested in the county pursuant to I.C. 36-1-3-1 et seq. and the property tax abatement statutes as set forth in I.C. 6-1.1-12.1 et seq. All persons who desire to seek real or personal property tax abatement consideration have the duty to comply with the applicable provisions set forth in this subchapter, as well as all state law requirements. However, those persons who petition pursuant to § 38.32 must only comply with the applicable state law provisions, and the requirements of annual review provided for herein in § 38.37(A).
(Council Ord. 97-37, passed 10-7-1997)