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TO DESIGNATE AN ECONOMIC REVITALIZATION AREA, APPROVE THE STATEMENT OF BENEFITS, AND AUTHORIZE A PERIOD OF ABATEMENT- Re: Tech Park Blvd, Schmalz Blvd, Lots 1, 6, 7, 8, 10, 11, 12, 13, Mill Creek PUD(Hoosier Energy Rural Electric Cooperative, Inc, Petitioner)

This resolution designates the property at Tech Park Blvd and Schmalz Blvd, described as Lots 1, 6, 7, 8, 10, 11, 12, 13, in the Mill Creek PUD, as an Economic Revitalization Area (ERA) to allow Hoosier Energy Rural Electric Cooperative, Inc., to receive a ten-year tax abatement for the construction of an 80,000+/- sq ft, LEED-certified headquarters office facility. The resolution also declares the intent of the Council to hold a public hearing on February 6, 2013 to hear public comment on the ERA designation.

Amends CodeNo
Committee 2013-01-09 7-1 (Volan)-0
Final 2013-01-16 Passed 8-1 (Volan)