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20-29 Confirming Real Property Tax Abatement for SB Mutual Homes II, L.P.
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20-29 Confirming Real Property Tax Abatement for SB Mutual Homes II, L.P.
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9/9/2020 11:47:31 AM
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9/9/2020 11:43:22 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
9/14/2020
Bill Number
20-29
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ABATEMENT QUALIFICATION <br />A review of the tax abatements previously granted, finds that the petitioner has <br />been granted or is associated with one tax abatement. <br />a. Confirming Resolution 4725-18, 5-Y Residential Tax Abatement <br />2. The Area Plan Commission has reviewed the petition and finds the property to be <br />properly zoned for the proposed project. <br />3. A review of the Tax Abatement Ordinance No. 9394-03 finds that the petitioner <br />meets the qualifications for a (5) five-year residential property tax abatement under <br />section 2-77.1, Single Family Residential Construction. <br />2 1 Page <br />
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