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HomeMy WebLinkAboutA012 - Resolution No. 06-134 adopted April 11, 2006 RESOLUTION NO. 06-134 RESOLUTION APPROVING A SPRINKLER RETROFIT TAX ABATEMENT PROGRAM FOR THE CITY OF AMES, IOWA WHEREAS, as the Fire Department staff participated in extensive public input sessions regarding the proposed sprinkler retrofit program,they received numerous comments from impacted property owners regarding the importance of implementing a tax abatement program to offset some of the installation costs; and, WHEREAS, the Sprinkler Retrofit Ordinance requires the installation of sprinklers in four categories:dormitories,institutions,high-rise buildings,and residences for the mobility-impaired;and, WHEREAS,Iowa Code allows for urban revitalization areas to b e established to promote fire safety; and, WHEREAS, if approved,a three-,five-,or ten-year tax abatement option will be available to the property owner should the installation of an International Building Code/]ntemational Fire Code (2003)compliant sprinkler system increase the value of a property by at least five percent(5%);and, WHEREAS, this tax abatement program will be available to owners of all four high-hazard categories identified above. NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that the Sprinkler Retrofit Tax Abatement Program is hereby approved. ADOPTED THIS 11`h day of April, 2006. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Mahayni Seconded by: Popken Voting aye: Doll, Goodhue, Goodman,Mahayni, Popken, Rice Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this I I"day of April, 2006.