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TOWN OF MOORESVILLE <br />Tax Abatement Program <br /> <br />Decision Guidelines: <br /> <br />Tax Abatement for both real and personal property (equipment) may be made for new and <br />e.,dsting industrial or commercial property only w/thin the current land use or Comprehen- <br />sive Plan o£ the Town of Moo resville, based on the amount of new investment in real <br />property or equipment new to Indiana and the number of jobs created or retained. <br /> <br />Scoring Matrix: <br /> <br />Type of Product Score <br /> <br />Industrial/Manufacturing <br />Researci'ffDevelopment <br />Commercial Development <br />Warehousing/Distribution <br />Housing -- Senior/Assisted/ <br />Low to Mod. Income <br /> <br />8 <br />7 <br />4 <br />4 <br /> <br />4 <br /> <br />Investment <br /> <br />$3 Million or greater <br />51.5 Million to $3 Million <br />$0.5 Million to $1.5 Million <br />Under 50.5 Million <br /> <br />10 <br /> 7 <br /> 3 <br /> <br />Job Created or Retained <br /> <br />100 and Above <br />75 to 99 <br />50 to 74 <br />25 to 49 <br /> 5 to 24 <br />Below 5 <br /> <br />12 <br /> 8 <br /> 6 <br /> 4 <br /> <br /> 1 <br /> <br />Abatement Duration <br />Score <br /> <br />Real Property <br /> <br />Equipment <br /> <br />20 or Above <br />15 to 19 <br />10 to 12 <br />Less T~n 10 Points <br /> <br />10 years <br /> 6 years <br /> 3 years <br /> 0 <br /> <br />10 ye-d-s <br /> 5 years <br /> 5 years <br /> <br /> <br />