HomeMy WebLinkAbout~Master - 2012 Urban Revitalization Tax Abatement Requests RESOLUTION NO. 12-036
RESOLUTION APPROVING VARIOUS URBAN REVITALIZATION TAX
EXEMPTIONS FOR IMPROVEMENTS PERFORMED ON VARIOUS PROPERTIES
WITHIN URBAN REVITALIZATION AREAS
WITHIN THE CITY OF AMES, IOWA
WHEREAS,Alpha Iota Association of Phi Gamma Delta has submitted an application dated
December 15,2011,to the City Council ofthe City ofAmes,Iowa,requesting to receive an exemption
from taxation on the actual value added by improvements to property located at 325 Ash Avenue;and
WHEREAS,said property is located within the East University Urban Revitalization Area in
Ames, Iowa, as previously established by the City Council of the City of Ames, Iowa; and
WHEREAS, the improvement project respecting said property is in conformance with the
Urban Revitalization Plan as officially adopted by the City Council of the City of Ames,Iowa,as well
as the Land Use Policy Plan and Zoning Ordinance; and
WHEREAS, the improvement on said property was made during the time in which such
improvements are eligible to the tax exemption as set forth in the Urban Revitalization Plan as adopted
by the City Council of the City of Ames, Iowa, and as set forth in the Urban Revitalization Act as
adopted by the Legislature of the State of Iowa and signed by the Governor of the State of Iowa; and
WHEREAS, said applicant is requesting Exemption Schedule: 3 Years.
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WHEREAS, the Iowa Beta Alumni Corporation of Sigma Phi Epsilon has submitted an
application dated January 27, 2012, to the City Council of the City of Ames, Iowa, requesting to
receive an exemption from taxation on the actual value added by improvements to property located
at 228 Gray Avenue; and
WHEREAS,said property is located within the East University Urban Revitalization Area in
Ames, Iowa, as previously established by the City Council of the City of Ames, Iowa; and
WHEREAS, the improvement project respecting said property is in conformance with the
Urban Revitalization Plan as officially adopted by the City Council of the City of Ames,Iowa,as well
as the Land Use Policy Plan and Zoning Ordinance; and
WHEREAS, the improvement on said property was made during the time in which such
improvements are eligible to the tax exemption as set forth in the Urban Revitalization Plan as adopted
by the City Council of the City of Ames, Iowa, and as set forth in the Urban Revitalization Act as
adopted by the Legislature of the State of Iowa and signed by the Governor of the State of Iowa; and
WHEREAS, said applicant is requesting Exemption Schedule: 10 Years.
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WHEREAS, Merrill Kim Sharp has submitted an application dated January 31, 2012, to the
City Council of the City of Ames, Iowa, requesting to receive an exemption from taxation on the
actual value added by improvements to property located at 410 5t1i Street; and
WHEREAS, said property is located within Downtown Urban Revitalization Area in Ames,
Iowa, as previously established by the City Council of the City of Ames, Iowa; and
WHEREAS, the improvement project respecting said property is in conformance with the
Urban Revitalization Plan as officially adopted by the City Council of the City of Ames,Iowa,as well
as the Land Use Policy Plan and Zoning Ordinance; and
WHEREAS, the improvement on said property was made during the time in which such
improvements are eligible to the tax exemption as set forth in the Urban Revitalization Plan as adopted
by the City Council of the City of Ames, Iowa, and as set forth in the Urban Revitalization Act as
adopted by the Legislature of the State of Iowa and signed by the Governor of the State of Iowa; and
WHEREAS, said applicant is requesting Exemption Schedule: 3 Years.
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WHEREAS,Main Street 134 WR,LLC,has submitted an application dated January 31,2012,
to the City Council of the City of Ames, Iowa, requesting to receive an exemption from taxation on
the actual value added by improvements to property located at 132-134 Main Street; and
WHEREAS, said property is located within Downtown Urban Revitalization Area in Ames,
Iowa, as previously established by the City Council of the City of Ames, Iowa; and
WHEREAS, the improvement project respecting said property is in conformance with the
Urban Revitalization Plan as officially adopted by the City Council of the City of Ames,Iowa,as well
as the Land Use Policy Plan and Zoning Ordinance; and
WHEREAS, the improvement on said property was made during the time in which such
improvements are eligible to the tax exemption as set forth in the Urban Revitalization Plan as adopted
by the City Council of the City of Ames, Iowa, and as set forth in the Urban Revitalization Act as
adopted by the Legislature of the State of Iowa and signed by the Governor of the State of Iowa; and
WHEREAS, said applicant is requesting Exemption Schedule: 3 Years.
NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that
said applications are hereby approved and the City Clerk is hereby authorized and directed to forward
said applications and a copy of this resolution to the Ames City Assessor with a statement complying
with the provisions of Section 4 of the Urban Revitalization Act by March 1, 1997.
ADOPTED THIS 14th day of February, 2012.
APS-040 tom• �A++�.
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Davis
Seconded by: Larson
Voting aye: Davis, Goodman, Larson, Orazem, Szopinski
Voting nay: None Absent: Wacha
Resolution declared adopted and signed by the Mayor this 14th day of February, 2012.