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9394-03 Amend Chapter 2, Replacing in its entirety Article 6 Entitled Tax Abatement Procedures
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9394-03 Amend Chapter 2, Replacing in its entirety Article 6 Entitled Tax Abatement Procedures
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7/30/2008 4:06:31 PM
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7/30/2008 4:06:30 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
2/10/2003
Ord-Res Number
9394-03
Bill Number
5-03
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(b) Clerk's Office $250.00 <br />(c} Annual Administration $292.50 <br />The application/review and City Clerk's components of each of the above fees are <br />nonrefundable. The annual administration component of each of the above fees may be <br />refunded in the event the application or petition for tax abatement consideration is not <br />approved by the Council or is withdrawn by the owner prior to final action by the Council. <br />Should a tax abatement be rescinded, the annual administration fee for that abatement may <br />be refunded subject to any refund being prorated and reduced by any costs incurred by the <br />City in taking such action. <br />Fees collected under this section shall be deposited as follows: <br />Office of the City Clerk fee of two hundred fifty dollars ($250.00) to the General <br />Fund; and <br />All other fees to Fund 212 to be used by the Community and Economic <br />Development Department. <br />C. Petition information: Property owners petitioning for tax abatement shall provide the <br />fo{lowing information on the petition to enable the Council to consider their request: <br />The name(s) and address(es) of the real property owner(s) (and personal <br />property owner(s), in the case of the request for personal property tax <br />abatement), and any other person(s) leasing, intending to lease, or having an <br />option to purchase such property, and a brief description of the business. <br />2. If the business organization is publicly held, the name of the corporate parent <br />and the name under which the corporation is filed with the Securities Exchange <br />Commission. <br />3. The legal description and commonly known address of the real property for which <br />real property tax abatement is being petitioned; or the legal description and <br />commonly known address of the facility at which the New Manufacturing <br />Equipment for which tangible personal property tax abatement is being petitioned <br />will be located. <br />4. A map and/or plat describing the area where tax abatement is being requested. <br />5. The current assessed valuation of the real property improvement before <br />Rehabilitation, Redevelopment, economic revitalization, or improvement; or the <br />current assessed valuation of the tangible personal property to be replaced by <br />New Manufacturing Equipment. <br />6. Photographs of the location taken within two (2) weeks of the filing of the petition. <br />7. The real and personal property taxes paid at the location during the previous five <br />(5) years, whether paid by the current owner or a previous owner. <br />8. The commitment made within the past five (5) years to hiring Minority persons <br />including number of Minority persons employed during each of the past five (5) <br />years, specifying whether full-time or part-time and whether permanent or <br />Tax Abatement Ordinance Page 40 <br />
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