HomeMy WebLinkAbout~Master - Extending Partial Tax Exemption for Qualifying Industrial Real Estate ORDINANCE NO. 4050
AN ORDINANCE TO AMEND THE MUNICIPAL CODE OF THE CITY
OF AMES, IOWA, BY REPEALING SECTION 24.9 AND ENACTING A
NEW SECTION 24.9 FOR THE PURPOSE OF EXTENDING THE
AVAILABILITY OF THE PARTIAL TAX EXEMPTION FOR
QUALIFYING INDUSTRIAL REAL ESTATE; REPEALING ANY AND
ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT TO
THE EXTENT OF SUCH CONFLICT; AND ESTABLISHING AN
EFFECTIVE DATE.
BE IT ENACTED,by the City Council for the City of Ames,Iowa,that:
Section One. The Municipal Code of the City of Ames, Iowa shall be and the same is hereby amended by
repealing Section 24.9 and re-enacting the same to state as follows:
"Sec.24.9. LENGTH OF TIME EXEMPTION IS AVAILABLE.
The exemption provided in Section 24.8 shall be available for the period from June 1, 1985, until July 1,
2020,unless sooner repealed."
Section Two. All ordinances, or parts of ordinances, in conflict herewith are hereby repealed to the extent
of such conflict,if any.
Section Three. This ordinance shall be in full force and effect from and after its passage and publication as
required by law.
Passed this 23`d day of November,2010.
Diane R. Voss, City Clerk Ann H. Campbell,Mayor