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c) if that will be the creation of now value, Abatements may only be grarited for the <br />additional v&lue of eligible Real and Pasonal Pmperty improvements, subjew to such <br />limitations as the City may requim Real Property tax abatement may be granted only to the <br />ommt that its value for each you of the agreement exceeds its value for the year in which the <br />Agimnot is executed. <br />IF!'1 1 11 0141 ! l .1, at it .11 • ' 1 i .# <br />Eligible Property. 1 If" i .+ be a .f 1 .i tothe vWueof <br />buildings, <br />/ i1 i' structuM <br />fixed mwJAwy andequipmeM site improvements, fg . penonalproperty, and ( office <br />space.:.. 1related fixed impivaments necemq to the opmation a. f 111 , 1 :I Ioof <br />AwborizedFacift provided,howem.that inventory orsupplies ll 1.1 be t for <br />abatement. Eligible property for which abatement maybe granted includes nonresidential real <br />� Lemed Authorized Facilities. If a lcmd Authorized Facility is gmted aWament; <br />agreement be i1 1The lemor and/or 1 • of i 1upon:particular <br />circumstances 1 proposed 1 i 1 the lessor�1' f' shall <br />e ♦Vn 1 :f binding 1with 11guarwiteecompliance <br />nreement. <br />g) Value and Term of Abatement. Tle City willdmide whether to Smut tax abatemnt <br />to 1 :I/ ! M: 1 it amount of 1 abatemaKA:4 case-by-onse basis and 1; <br />agreementaccordance with thwe Criteria and Guidelines. 71e term of aWemat Wwftd under any <br />1 4 permitted byapplicableamount <br />:i ti1''... 1'.. 1; 1 ;ir•i [•' r� ( I1 !{�' 1 11 t t11 fl ;s ! 1„11y <br />within the Authurized Facility, Abatement may only be granted for ft additional value of <br />r1i <br />J! property.../f1 ovemogs medr, pursuant toandlined 1 agreementbetw= the City <br />and property owner and/or lerm s*ject to such limitations as the City may requhe. Ifa <br />modemizaticiiproject includes:1 ..e J 1 improverrimbwithinan Authoriwd is <br />uniXs). ne, crWa that will be used in evaluating a paWcular application for Wwwmerit will <br />Inclukbut f' be limited to. <br />1) 7'be dollar amount of the inur=e in the tax roll for the proposed project; <br />FAR 71 -TIM TIT -71W. 1. 7. , nl ,11 1 1: <br />I..,. i�tr us�f•_./� r` .1..1.:1-• ,, /.! <br />I f ! i=i4- 1 Iji <br />