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., , e. Annotation, page 2 e .o~ "\ '" ) the product is destined or sold. The rationale high plateau $5 million m1n1mum inve~tment effectively eliminates any m~nufacturer who is regional, nationa~ or international market. Section lj. Definition of "modernization" allows the administrator to delineate between an ineligible deferred maintenance investment and an eligible modernization investment where productivity ~s increased or the technology is updated. here is that the (Section 2!) not selling in a -- Section 11 Other Basic Induntry is a catchall intended to allow abat~lnent (Sec~ion 2a) for good economic development projects not elsewhere covered. The requirements are that the facility (1) produce products or services that primarily serve outside the four-county Houston Consolidated Hetropolitan Statistical Area (CllSA); (2) result in n~w jobs; and (3) bring neu uealth in. ; Section 1m. "Productive life" deals with ineligble property (Section 2e). It would be illogical for jurisdictions to yrant abatement to a short-lived property that would never be ta~ed. Accounting conventions often allow for a short productive life 'for depreciation purposes. "Productive life" here means the number of years the property is ilctually expected to be in service in the facility. Section 2e states that property must. have productive life of at least l5 years to be eligible. "' Section In. 'l'he purpone in allowing for an abatement for a regional entertainment facility (Section 2a) is to encourage the location oi regional facilities that will draw maximum dollars and new wealth to the conununit~,. E:cample: Disneyworld. E:~clud~d are indigenous facilities that primarily serve the local population. Such a facility has no positive effect since it merely shift. entertainment dollars from one form of entertail~er.t to another. Definition requires that a majority of users reside 100 miles from any part of Harris County. ", ., Section lO..A "research facility" eligible for abatement (Section 2.:1) must focus on applied product research as Opposed to behuvioral or government-related research. Section Ip. A "regional service facility" is eligible (~ection 2a) and is similar to a regional distribution facility. It requires that the facility must primarily serve a regional market at least 100 miles from Harris County. The intent is to make ineligible' those types of service businesses which do most their \'lcrk in cur local markets while at the same time encouraging national servi~e centers that bring new payroll. Section 2a. Abutement is restricted to defined facilitieo. ) Section 2b. Provideo that no work unuer construction beiore the ilgreement is executed will be. abilted, that abatement is