onboard

City of Bloomington, Indiana – Kerry Thomson, Mayor

City Council

2014 Resolution 14-15

TO MODIFY AND CONFIRM RESOLUTION 14-14 WHICH DESIGNATED AN ECONOMIC REVITALIZATION AREA, APPROVED TWO STATEMENTS OF BENEFITS, AND AUTHORIZED PERIODS OF TAX ABATEMENT FOR REAL PROPERTY IMPROVEMENTS AND PERSONAL PROPERTY -Re: Properties at 304 W. Kirkwood Avenue (Elmore Y. Orrego, LLC, Petitioner

2014 Amendment 01 (Passed)

Amendment 01

This amendment is sponsored by Councilmember Ruff. It would remove thepenthouse condominiums proposed for the top floor of this project from eligibility forthis tax abatement. The amendment is coming forward pursuant to IC 6-1.1-12.1-2(I)(2), which allows the Council to impose additional reasonable conditions on atax abatement by resolution that are consistent with purposes in statute and localguidelines, and IC 6-1.1-12.1-2.5, which gives the Council authority to confirm,modify and confirm, or rescind the declaratory resolution.Note: Section 2 of the amendment was revised to correct the reference to thesection of the ordinance affected by the amendment from Section 2 to Section 3.

Amends CodeNo
Final 9/17/2014 Passed 8-1 (Neher)