(A) All property owners who receive approval of their real and/or personal property tax abatement requests as a result of the Town Council’s action under this section, shall be required to appear before the Town Council. Such appearances shall take place at a Council meeting following the petitioner’s filing of the first certified declaration application with the County Auditor, required by the State Board of Tax Commissioners pursuant to I.C. 6-1.1-12.1-5.
(B) Additionally, the petitioner shall file with the Town Council an annual report that shall include, but not be limited to, the following information:
(1) Completed compliance with statement of benefits form;
(2) The name and address of the person(s) filing the report;
(3) The amount of real and/or personal property taxes paid for the property during the year before the property was declared as an economic revitalization area and during the most recent tax year; and
(4) The current number of part-time and full-time jobs, specifying whether permanent or temporary, and the number of such jobs as of the end of the year immediately prior to receiving tax abatement.
(C) The Town Council shall review the material presented by the petitioner in comparison to the information published by the County Auditor as required by I.C. 6-1.1-12.1-8.
(D) The Town Council shall specifically advise each property owner in writing as to whether subsequent appearances before the Town Council shall be necessary. If such additional appearances are not required, the property owner shall be duly advised that their future annual reports may be mailed. Failure to mail such completed reports may result in revocation of the tax abatement by the Town Council.
(Ord. 5-97, passed 3-24-1997)