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Tax Abatement Program — Mooresville (Morgan County),Indiana <br /> Decision Guidelines: <br /> Tax Abatement for real and personal property (equipment)may he granted for new and existing industrial/ <br /> commercial (non retail)property, based on the amount of new investment in real property/personal property new <br /> to Indiana and the number of local jobs created or retained. <br /> Scoring Matrix: <br /> Type of Product Score Investment Score <br /> slrial/Manufacturing $5 Million or Greater 10 <br /> Research/Development 7 $3 Million to $4.999 Million 8 <br /> Warehousing/Distribution 6 $1.5 Million to $2.999 Million 6 <br /> Commercial Development(non retail) 4 $0.5 ' ' I . " I UM ,t 3 <br /> Under $0.4999 Million 2 <br /> Local Jobs Created or Retained Score Existing Business/Industry Score <br /> Located in Morgan County <br /> 100 and Above 12 <br /> 75 to 99 8 For at least ten years <br /> 50 to 74 6 <br /> 25 to 49 4 For at least five years 2 <br /> 05 o 24 2 <br /> Below 5 1 For at least one year 1 <br /> Abatement Duration <br /> Real Property Equipment <br /> Score <br /> 20 or Ah ve 10 years 10 years <br /> 9 6 years _� 5 years Total= 15 <br /> 10 to 14 3 years 3 years <br /> Less Than 10 Points 0 0 <br /> Rev.10.09 2000 <br />