TO APPROVE “THE CITY OF BLOOMINGTON TAX ABATEMENT PROGRAM GENERAL STANDARDS” WHICH AMENDS AND SUPERSEDES ALL FORMER VERSIONS OF THE CITY’S TAX ABATEMENT PROGRAM CRITERIA AND PROCEDURES
This resolution amends the general standards of the Tax Abatement program of the City of Bloomington. Based upon the recommendation of the City’s Economic Development Commission, this resolution amends the general standards by which the affirmative designation of an economic revitalization area or economic development target area
may be made as well as subsequent approval of tax abatement deductions on real or personal property within those areas.
Committee |
2011-01-05 |
|
6-0-2 ( Wisler, Sturbaum) Satterfield absent |
Final |
2011-01-19 |
Passed |
9-0 |
Download