HomeMy WebLinkAbout~Master - 2019 Urban Revitalization Tax Exemptions RESOLUTION NO. 19-073
RESOLUTION APPROVING VARIOUS URBAN REVITALIZATION TAX
EXEMPTIONS FOR IMPROVEMENTS PERFORMED ON VARIOUS PROPERTIES
WITH URBAN REVITALIZATION AREAS
FOR THE CITY OF AMES
WHEREAS, Aspen Ames has submitted an application dated January 7, 2019, 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 205 S Wilmoth Avenue; and,
WHEREAS, said property is located within the South Wilmoth 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, Student Housing Owner Iowa, LLC, has submitted an application dated
February 1,2019,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 properties located at 2700 and 2702
Lincoln Way; and,
WHEREAS,said property is located within the Other Commercial 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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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 provision of Section 4 of the Urban Revitalization Act by March 1, 1997.
ADOPTED THIS 26`h day of February, 2019.
Diane R. Voss, City Clerk John A. Haila, Mayor
Introduced by: Betcher
Seconded by: Corrieri
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Martin,Nelson
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 26' day of February, 2019.