(A) The Common Council may declare an area in the city to be an “economic revitalization area” in accord with the definitions set forth in I.C. 6-1.1-12-1 et seq., or a “residentially distressed area” under the procedures set forth in I.C. 6-1.1-12.1-2 and I.C. 6-1.1-12.1-2.5 et seq., and grant the tax abatements for these designations and all others permitted by statute for these designations.
(B) Any individual or entity desiring a tax abatement under this code shall cooperate with the city in providing all information required by I.C. 6-1.1-12-1 et seq., including maps, plats, legal descriptions, statement of benefits, information about jobs and wages, and shall participate in all public hearings and other procedures required by statute to obtain these designations and abatements.
(Ord. 6-2005, passed 3-22-2005)