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Industrial Facility Exemption
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Why are some projects approved by the STC as new facilities even though they were submitted as rehabilitation facilities?
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Answer:
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New Page 1
If an application was submitted as a rehabilitation facility
project, but was approved as a new facility project, it may be due to
one of the following reasons:
- The description of the investment undertaken did not speak to
restoration and or replacement of a functionally obsolete facility
involving major improvements such as roof, windows, plumbing, heating,
code compliances, etc.
- The plant rehabilitation district (PRD) in which the project is located
no longer qualifies as a PRD because at least 50% of the properties in the
district are no longer obsolete. Therefore, only "new"
facilities can be located in the district, not "rehabilitation"
projects.
- The district established was an Industrial Development District in which
only new projects are allowed, not a Plant Rehabilitation
District.
- The local unit's resolution approving this request approved a new
facility project, not a rehabilitation project.
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