§ 18-26. Application.

(a)

Any present owner of taxable commercial property located within the designated enterprise zone or a reinvestment zone of the City of Gainesville may apply for tax abatement by filing an application with the City of Gainesville.

(b)

The application shall consist of a completed application form accompanied by:

(1)

A general description of the improvements to be undertaken.

(2)

A descriptive list of the improvements for which tax abatement is requested.

(3)

A list of the kind, number and location of all proposed improvements of the real property facility or existing facility.

(4)

A map indicating the approximate location of improvements on the real property facility or existing facility together with the location of any or all existing facilities located on the real property or facility.

(5)

A list of any and all tangible personal property presently existing on the real property or located in an existing facility.

(6)

A legal description of property.

(7)

Address of property.

(8)

A proposed time schedule for undertaking and completing the proposed improvements.

(9)

A general description stating whether the proposed improvements are in connection with:

a.

The renovation of a facility; or

b.

Construction of a new facility.

(10)

A statement of the additional value to the real property or facility as a result of the proposed improvements.

(11)

A statement of the assessed value of the real property, facility or existing facility for the base year.

(12)

Information concerning the number of new jobs that will be created or information concerning the number of existing jobs to be retained as result of the improvements undertaken.

(13)

Any other information which the City of Gainesville deems appropriate for evaluating the financial capacity of the applicant and compatibility of the proposed improvements with these guidelines and criteria.

(14)

Information that is provided to an affected jurisdiction in connection with an application or request for tax abatement and which describes the specific processes or business activity to be conducted or the equipment or other property to be located on the property for which tax abatement is sought is confidential and not subject to public disclosure until the tax abatement agreement is executed. Information in the custody of an affected jurisdiction after the agreement is executed is not confidential. (V.T.C.A., Tax Code § 312.003).

(Ord. No. 1078-4-2005, § 3(Exh. A), 4-5-2005; Ord. No. 1262-11-2010, § 2(exh. A), 11-2-10)