(A) Owners must file. Owners of real property or new manufacturing equipment located within the county may petition the County Council on forms provided by the County Auditor for real, or personal, property tax abatement consideration. All information and attachments required by the designation application must be completed and filed with the County Auditor together with a filing fee of $250 to cover processing and administrative costs.
(B) Petition information. Property owners petitioning for tax abatement shall provide the following information on the petition to enable the County Council to consider their request:
(1) The name(s) and address(es) of the real property owner(s), and personal property owner(s) in case of the request for personal property tax abatement, and any other person(s) leasing, intending to lease, or having an option to purchase such property, and a brief description of the business;
(2) 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;
(3) The legal description and commonly known address of the real property for which real property abatement is being petitioned; or the legal description and commonly known address of the facility at which the new manufacturing equipment, for which tangible personal property tax abatement is being petitioned, will be located. In addition, the petition must include the complete parcel number (14 characters) for each parcel to be designated an Economic Revitalization Area (ERA). Said parcel number can be determined in the real estate records of the office of the County Auditor;
(4) A map and/or plat describing the area where tax abatement is being requested;
(5) The current assessed valuation of the real property improvement before rehabilitation, redevelopment, economic revitalization, or improvement; or the current assessed valuation of the tangible personal property to be replaced by the new manufacturing equipment;
(6) 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;
(7) An estimate of the number of new permanent jobs to be created by the project within one year, a statement of the current number of permanent and part-time jobs at the location and impact on those current jobs to be caused by the project, and the projected annual salaries for each such position to be created;
(8) Verification that no building permit has been issued for construction on the property for the improvement proposed, or verification that the new manufacturing equipment has not been installed;
(9) The Standard Industrial Classification Manual major group, within which the proposed project would be classified by number and description;
(10) The Internal Revenue Service’s Code of Principal Business Activity by which the proposed project would be classified, by number and description;
(11) A description of actual or anticipated public financing for the project;
(12) For real property tax abatement, a description of how the property in question has become undesirable for, or impossible of, normal development and occupancy because of lack of development, cessation of growth, deterioration of improvements, or character of occupancy, age, obsolescence, substandard buildings, or other factors which have impaired values and prevent a normal development of the property or property use;
(13) For personal property tax abatement, a description of why the facility, or group of facilities, to be replaced are technologically, economically, or energy obsolete, whereby the obsolescence may lead to a decline in employment and tax revenues, together with a verification that the new manufacturing equipment will be used in the direct production, manufacture, fabrication, assembly, extraction, mining, processing, refining, or refinishing of other tangible personal property, and that the new manufacturing equipment was never before used by its owner for any purpose in the state;
(14) The name, address, and telephone number of the person to contact regarding notice of County Council meetings and public hearings concerning the petition;
(15) 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; and
(16) An estimate of the after-rehabilitation market value of the real property, or an estimate of the market value of the new manufacturing equipment after installation.
(Council Ord. 97-37, passed 10-7-1997)