HomeMy WebLinkAboutRES 88-093 AGENDA RTEK
R E S O L U T I O N
WHEREAS, Tom Flanagan, Trustee of the Stedman Bldg.
Partnership and the holder of an option on certain property in
Beaumont, has made an application for tax abatement for property
described in this ordinance and generally referred to as the
Stedman Bldg; and,
WHEREAS, tax abatement is predicated on a finding that
the Stedman Bldg. is a historically significant site in need of
tax relief to encourage preservation; and,
WHEREAS, the Historic Landmark Commission has met and
considered this application and has found the site to be an
historically site in need of tax relief to encourage preservation
and certify this fact to the Planning Director of the City of
Beaumont; and,
WHEREAS, the City' s Planning Director has forwarded the
application to the City Council, as required by the ordinances of
the City of Beaumont; and,
WHEREAS, the Council desires to approve the eligibility
of the property for tax relief pursuant to the ordinances of the
City of Beaumont;
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the application of Tom Flanagan, Trustee of the Stedman
Bldg. Partnership for tax exemption for the Stedman property
described in Exhibit "A" attached hereto and made a part hereof
for all purposes is hereby approved and the City Council hereby
affirmatively finds that all the requirements of Article IV of
Chapter 25 of the Code of Ordinances of the City of Beaumont have
been met by the applicant and that the site is a historically
significant site in need of tax relief to encourage preservation
and that, in accordance with the ordinances of the City of
Beaumont, the assessed value for ad valorem taxation of the
subject tract and property shall be equal to the assessed value
prior to preservation for a period of ten (10 ) years. This
exemption shall begin on the first (1st) day of the first (1st)
tax year after verification of completion of the preservation
required for certification, provided that the provisions of
Section 25-58 of the Code of Ordinances have been met and that
such verification is made by the City of Beaumont Historical
Landmark Commission.
PASSED BY THE CITY COUNCIL of the City of Beaumont this
the Z� day of 1988.
Mayor -
2 -
E 88TE-3. Request for tax abatement for the Stedman Fruit Co. NORTH
Building and properties as a historically significant site. A& , t
APPLICANT: Tom Flanigan SCALE
OWNER: Ed Stedman 1/200
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Exhibit "A"