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CM-06-03-054ROUND ROCK, TEXAS PURPOSE. PASSION. PROSPERITY. CITY OF ROUND ROCK MEMORANDUM tC' TO: Jim Nuse, City Manager FROM: Jim Stendebach, Director of Planning and Community Developmen DATE: March 16, 2006 SUBJECT: Historic Property Tax Exemption — 400 W. Main Street 2 (J In 1998, Mr. Nelson Nagle's property located at 400 W. Main Street was divided into multiple accounts. Since that division, the historic property tax exemption has only applied to one of these accounts. It has been determined by Planning Staff that this request for the historic exemption to apply to only one account was done in error. Mr. Nagle's historic tax exemption should apply to the entire property, land and buildings. In October 2005, Charlie Crossfield requested that the Williamson County Appraisal District re- certify the tax roll to combine the accounts for 400 W. Main into one. As of 2005, the historic tax exemption is now approved for the entire property, and the Williamson County Appraisal District has been notified that the entire property is eligible for the exemption. Mr. Nagle should have been eligible for a 75% exemption of his City property taxes on his entire property from 2001 through 2004. The attached spreadsheet shows the calculation of the amount that would need to be refunded so that the tax exemption does apply to the entire prope y fo those years. This amount totals $4,076.38. 1 -"Ti P (AM (0-03�`Y '4- O m _ 'C ww- co c 0 O CD E ce U Q $ 956.54 $ 1,045.07 to O c - •M of I O ca O TF Calculation of Amount That Should Have Been Due After H Exemption $ 487.61 $ 518.09 N to 6F} Lo M to 6g 0 Ce' X' !C H O M O 69- N M O 69 Lo co O to ti M O 69 x ca y CU : +a d O ~ $ 1,444.15 (C.I- trl cam, co ul Ea co ti Cfl ta a) Q H T. O > ,aV $ 605,595 $ 605,595 $ 572,596 (0 N t.f) cz3 QV a) o L O = a aO �a 0 > $ 530,595 $ 530,595 Lc) O Loa) Ea a).0 _ O _ ca Q J o d C0) O L v > a Yes Building 1 Only 100% $ 75,000 Portion Associated with Yes Building 1 Only 1 Building 1 Only $ 75,000 0 = J 0 O o ru Z. 0 C ix K E ca W a w a) o z =�cl -t,a�i°= a o °- d ani S d.dcewm o Ili z -oAso•�>, = �a ya Oaw,oa 2 O O v• a > CITY OF ROUND ROCK E MAIN STREET tNDROCK, TX 78664 n. (512) 218-5400 Pay Tolle Order Of BANK OF AMERICA WICHITA FALLS, TEXAS Date Mar/24/2006 ****FOUR THOUSAND SEVENTY-SIX AND 38 / 100 DOLLAR**** 88-130 1119 TX 082446 Pay Amount $4,076.38*** NAGLE HOLDINGS, L.P. 400 W. MAIN AVE STE 210 ROUND ROCK, TX 78664 "0824461' 1:111,90 L3021: 00 233094 19 L81• RUB OR BREATHE ON THE PINK LOCK & KEY ICONS—COLOR WILL FADE AND THEN REAPPEAR ON AN AUTHENTIC CHECK—IF COLOR DOES NOT FADE DO NOT ACCEPT Check Date: Mar/24/2006 Vendor Number: 0000044721 Check No. 082446 Invoice Number Invoice Date Voucher ID Gross Amount Discount Taken Late Charge Paid Amount 032006 Mar/20/2006 00130874 4,076.38 0.00 0.00 4,076.38 Check Number Date Total Gross Amount Total Discounts Total Late Charges Total Paid Amount 082446 Mar/24/2006 $4,076.38 $0.00 $0.00 $4,076.38 CHECK REQUEST Nagle Holdings, L.P. 400 W Main Street address Round Rock, Tx. 78664 city, st zip Item ID # (complete address in total) Date Submitted 3/20/2006 Vendor Number Check Amount $ 4,076.38 Check Stub Description (not to exceed 30 characters) Tax Exemption Refund Additional Explanation if needed: Please see memo for additional information. Account Number Acct - Fund - Org .YYNok Amount 4,076.38 4,076.38 SPECIAL INSTRUCTIONS: (ALL checks will be mailed unless otherwise specified) Explain special handling below Please call Monique at Ext. 410 when the check is ready Date Needed (no ASAP's please) CYCLE OR / /2000 c:\excelScarol\finforms.xlw - check req Requested By: Monique Adams Departmental Approval: Finance approval: Received by: Staple justification to check request Paper clip items to be mailed with check 3/17/2006 03/22/2006 15:48 FAX 5122181821 Nelson L. Nagle Na. Ie opIding 400 .l �e �i �S.t, Ste.#210 Round �Ro,�k, Tx.. 7$604 Teleph ie: 512-21B-0015 Fax: 51-2-210-1'821 Confidential vi/64Date.• � /oq To: %'!/S}' 6rtj Receiver number: c2/ S /70 ')7 Company Name: C tJ o01 Fax Transmission ❑ Please.cali to confirm receipt ❑ Please respond by return fax ❑ Call only if transmission is Incomplete /ZDU/1o/ Rock # of pages :including cover page: .r� From: 7/6/40/1 /14.'!� MAR -22-2006 15:51 5122181821 98% P.01 03/22/2006 15:48 FAX 5122181821 Nelson L. Nagle iimm_4relaue 15:47 CITY OF ROUND ROCK tgJ ouz 5122187097 P.02/02 SUBSTITUTE W-9 FORM CITY OF ROi'JNTD ROCK TEXAS 221 EAST MA1N STREET, ROUND ROCK, TEXAS 78664 Pursuant to Internal Revenue Service Regulations, we ask that you iLmish the City of Round Rock with your Taxpayer Number (ITN). if this number is not provided, IRS regulations require us to subject you to a 20% withholding on each payment. To avoid this withholding and to ensue that astmaimtr tax inforrnntion is reported to the Internal Revenue Service, we would appreciate your cooperation in providing us with the information requested below. Please contact the City of Round Rock Purdtasing Division at (5l 2) 2 l 8-7069 if you have any questions or problems with this request. Thunk you for your assistance in this matter. BUSINESS ENTITY: (please check only onc) Individual Partnership Sola Proprietorship Estate/Trust _ _ __ Corporation Public Service Corporation , Governmental /Non-profrt V Other Li .1j ?4v1evJAJp Individual: List name as $hoam on your social security card arid your social security number. - (Also Partnerships) Sole PrvvdetorshNE List owijer's legal name followed by the legal business name and list the owner's social security number. Alt Q1c r : List the legal name of your corporation, partnership, organization, or other Icgai entity and list your Employer Identification Number. LEGAL $US1NSS NAM E;. Remit to address: 4 Q Q kT /'/ai>i Ave. � Se. �t1�11� Acle 751( 7S66 -V NINE, 9 DIGIT TAXPAYER. .1DENTIFiCA.TUON 1LL Social Security Number_ federal Employer identification Number: UNDER PENALTIES Of PERJURY, AND TO THE BEST OF MY KNOWLEDGE AND BELIEF, t DECLARE THAT THIS FORM HAS BEEN COMPLETED FULLY AND ACCURATELY. /VP, Af) /1 dq ide./2/- NAME (PRINT OR TYPE) LJ TITLE (PRINT OR TYPE) SIGNATURE ASSIGNED VENDOR 1/: 3/aa(2L o45 - DATE PHONE ASSIGNED BY: FAX Revised 09/20/04 " Sub. W-9 FORM MAR -22-2006 15:51 TOTAL P.02 5122181821 97% P.02