HomeMy WebLinkAboutRES 98-180 RESOLUTION NO.
WHEREAS, tax abatement is predicated on a finding that the property located at
381 College Street 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 significant site in need of tax relief
to encourage preservation and certified 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 ordinance 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 for tax exemption for the property located at 381 College Street,
being all of lot 167, and the 30' x 60' wide portion off of the interior NE end of Lot 170, and
the 30' x 60' wide portion off of the interior SW end of lot 171, all in Block 37, of the original
Town Site, and Lots Numbers 165 and 166 in Block Number 37 Original Townsite,
Beaumont, Jefferson County, Texas, 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, as amended, have been met 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 provision 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 -�/ `day
of 1998.
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