HomeMy WebLinkAboutRES 96-155 RESOLUTION NO. lP�� -
WHEREAS, tax abatement is predicated on a finding that the property located at
615-635 Park 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 615-635 Park Street,
being Lot 322, Block 50 of the Beaumont Townsite Subdivision, to the City of 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 �/ da
Y
of 1996.
- Mayor -