[Amended 12-7-2020 by Ord. No. 20-05]
The incentive beneficiary shall qualify for incentives as outlined
below.
[Amended 12-7-2020 by Ord. No. 20-05]
As shown in this article, the "Downtown Development District"
shall be defined as the area shown on the Downtown Development District
Map 1, Downtown Boundary as stated in the Harrington Downtown Development
District Plan (Revised).
[Amended 12-7-2020 by Ord. No. 20-05]
The incentive beneficiary shall be eligible for a one-time abatement
of the first full tax assessment billing for an owner-occupied residential
dwelling.
A.
The incentive beneficiary shall qualify for a waiver of the business
license fee for the first three years. The incentive beneficiary must
apply for and obtain a business license from the City of Harrington.
[Amended 12-7-2020 by Ord. No. 20-05]
B.
The incentive beneficiary shall be responsible for obtaining all
required local, state, county, and federal licenses, permits, and
approvals as may be required.
[Amended 12-7-2020 by Ord. No. 20-05]
A.
All improvements to the exterior of existing commercial structures
located in the Downtown Development District and facing the street
shall be eligible to apply for a partial exemption from the City of
Harrington property taxes and shall be assessed as follows:
(1)
Where the total cost of the improvements is $2,500 or less, the property
shall be exempt from real estate taxation to the extent of 20% for
the first year only. Thereafter, the property shall not be entitled
to any exemption.
(2)
Where the total cost of the improvements is more than $2,500 but
less than $5,000, the property shall be exempt from real estate taxation
to the extent of 40% for the first year and 20% for the second year.
Thereafter, the property shall not be entitled to any exemption.
(3)
Where the total cost of the improvements is more than $5,000 but
less than $7,500, the property shall be exempt from real estate taxation
to the extent of 60% for the first year, 40% for the second year,
and 20% for the third year. Thereafter, the property shall not be
entitled to any exemption.
(4)
Where the total cost of the improvements is more than $7,500 but
less than $10,000, the property shall be exempt from real estate taxation
to the extent of 80% for the first year, 60% for the second year,
40% for the third year, and 20% for the fourth year. Thereafter, the
property shall not be entitled to any exemption.
(5)
Where the total cost of the improvements is more than $10,000, the
property shall be exempt from real estate taxation to the extent of
100% for the first year, 80% for the second year, 60% for the third
year, 40% for the fourth year, and 20% for the fifth year. Thereafter,
the property shall not be entitled to any exemption.
B.
In no case shall the cumulative exemption from property taxation
exceed the total cost of the improvements.
C.
The incentive beneficiary must provide copies of building permits, copies of zoning compliance certificates, and copies of paid invoices or receipts for purchases relating to the improvements. The incentive beneficiary must apply for the downtown revitalization property tax reduction within one year from the completion of the project, as determined by the most recently dated certificate of occupancy, invoice, or receipt. No invoice or receipt greater than two years old will be considered in determining the property tax reduction amount as outlined in § 157-36A.
[Added 8-5-2019 by Ord. No. 19-04]
A.
The incentive
beneficiary shall qualify for a waiver from any City-assessed water
and sewer impact fees if direct jobs are created based on the chart
below:
[Amended 12-7-2020 by Ord. No. 20-05]
|
Tier
|
Full-Time Equivalent Jobs Created
|
Impact Fee Waivers*
|
|---|---|---|
|
1
|
5 to 9
|
1
|
|
2
|
10 to 14
|
2
|
|
3
|
15 to 19
|
3
|
|
4
|
20 to 24
|
4
|
|
5
|
25 to 29
|
5
|
|
6
|
30 or more
|
All
|
|
NOTE:
| |
|---|---|
|
*
|
Number of impact fees waived is for both water and sewer (1
= 1 water impact fee and 1 sewer impact fee)
|
B.
Fees that
cannot be waived or reduced. Any fees or taxes assessed by the state,
county, or school district or special fees payable for fire or public
safety protection cannot be waived or reduced and must be paid by
the incentive beneficiary to maintain eligibility under this chapter.
These fees include, but are not limited to, community impact fees
and Kent County sewer impact fees collected by the City.
C.
The City
will audit the incentive beneficiary three years after the issuance
of the first certificate of occupancy to verify the job creation levels
are achieved. If the required full-time equivalent job levels are
not met or maintained, the incentive beneficiary is responsible for
payment of all fees and costs not otherwise waived or reduced under
this program.
[Added 8-5-2019 by Ord. No. 19-04]
A.
If 10%
of the employees of a business in the City of Harrington reside in
the corporate limits of the City of Harrington, the incentive beneficiary
may qualify for a one-time reimbursement of 5% of the following permits
and fees:
B.
The incentive
beneficiary must apply for the permit and other fees reimbursement
within 18 months of receiving the certificate of occupancy.
C.
Fees that
cannot be waived or reduced. Any fees or taxes assessed by the state,
county, or school district or special fees payable for fire or public
safety protection cannot be waived or reduced and must be paid by
the incentive beneficiary to maintain eligibility under this chapter.
These fees include, but are not limited to, community impact fees
and Kent County sewer impact fees collected by the City.
D.
The incentive
beneficiary shall be responsible for obtaining all required local,
state, county, and federal permits and approvals as may be required
to complete the project.
[Added 12-7-2020 by Ord.
No. 20-05]
Water and sewer impact fee waiver for single-family detached, duplex dwellings, townhouse dwellings, multifamily dwellings, Central Commercial, Service Commercial, Manufacturing and Industrial Park waivers are based on the chart provided in §§ 157-37 and 157-38.
A.
The incentive beneficiary may be eligible for a waiver of water and sewer impact fees for newly constructed single-family detached, duplex dwellings, townhouse dwellings, multifamily dwellings. Fees are based on the schedule in Chapter 180, Municipal Fees.
B.
Limit on number of impact fee waivers. The number of water and sewer
impact fee waivers permitted under this section is limited to six
per incentive beneficiary per fiscal year.
C.
The certificate of occupancy must be received within 18 months of
applying for the building permit. If the certificate of occupancy
is not issued within 18 months of the application of the building
permit, the full amount of the waived impact fees shall be due prior
to issuance of the certificate of occupancy.
D.
Fees that cannot be waived or reduced. Any fees or taxes assessed
by the state, county, or school district or special fees payable for
fire or public safety protection cannot be waived or reduced and must
be paid by the incentive beneficiary to maintain eligibility under
this chapter. These fees include, but are not limited to, community
impact fees and Kent County sewer impact fees collected by the City.
E.
The incentive beneficiary shall be responsible for obtaining all
required federal, state, county, and local permits and approvals as
may be required to complete the project. The incentive beneficiary
shall be responsible for all professional fees incurred by the City
during the approval process.
[Added 12-7-2020 by Ord.
No. 20-05]
The incentive beneficiary must apply for the Downtown District
incentives by completing an "application for Downtown Development
District incentives," which must be attached to the Category A or
Category B application.
