O-86-2236 - 6/12/1986ORDINANCE NO. 2236
AN ORDINANCE GRANTING A PARTIAL EXEMPTION OF ASSESSED
VALUE OF CERTAIN QUALIFIED HISTORICALLY SIGNIFICANT
PROPERTY FOR 1986.
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND
ROCK, TEXAS,
That Allen H. Nutt, David Wolters, Alston Boyd, Edward C.
Williamson, Jr. and Stewart Morris, Jr., owners of the property
described in the attached "exemption application form for
Historic Site for 1986", have complied with Chapter 11, Section
4.S, Code of Ordinances, City of Round Rock, Texas, and by
virtue of that compliance are entitled and are hereby granted on
exemption of seventy-five percent (75%) of the assessed value of
the structure and land for 1986.
READ and APPROVED
11.
on first reading this the AL day
, 1986.
READ,
day of
ATTEST:
APPROVED and ADOPTED on second reading this the 0411
, 1986.
41104414V/
JANNE LAND, City Secretary
MIKE ROBINSON, Mayor
City of Round Rock, Texas
State Property Tax Board
Exemption Application 11.24(4/84)
( 1> °` LN orA
CtkAt ,;.I _ — CC A
County Appraisal District
EXEMPTION APPLICATION FORM FOR HISTORIC SITE FOR 19
In order to claim this exemption. the applicant must have ow
timely filed with the appraisal office between January 1 an
documentation for this exemption required by the appraisa
e property on January 1 of this year. The application must be
f this tax year for the application to be valid. Any supporting
ice will be noted in the proper place below.
Application submitted for:
City of Round Rock
[Taxing Unit(s)]
IDENTIFICATION OF APPLICANT
Nelson Hardware Joint Venture composed of Allen H. Nutt, David Wolters,
Name• Alston Boyd, Edward C. Williams Jr. and Stewart Morris Jr.
Address' 620 Congress, Suite 305 Austin, Texas 78701
Mailing Address (if different) -
IDENTIFICATION OF REAL PROPERTY OF THE ORGANIZATION FOR EXEMPTION:
Nelson Hardware Joint Venture composed of Allan H. Nutt, David Wolters,
Deed Own&i St" --Boyd, Edward C. Williams Jr. and Stewart Morris Jr.
Deed Recorded: Volume 894 Page 888
Lot 11 &1 2 Block 10
PROPERTY USAGE:
1. Was property recorded as a Texas Historical Landmark by the Texas Historical Commission as of January 1 of this tax year?
Ei YES ❑ NO
2. Is the property a historically significant site in need of tax relief to encourage its preservation pursuant to an ordinance or other
law adopted by the governing body of the unit? IA YES 0 NO
3. Please attach any documents supporting either of the above answers.
Please provide the name of a person who may be contacted if additional information is needed.
Name:
Title:
Alan H. Nutt -
Managing Venturer
Address:
620 Congress, Suite 305 Austin, Texas 78701
Phone number: 512-478-9044
Any person who makes a false entry upon the foregoing record shall be subject to one of the following penalties: 1. imprisonment
of not more than 10 years nor less than 2 years and/or a fine of not more than S5,000 or both such fine and
Imprisonment; 2. confinement in jail for a term up to 1 year or a fine not to exceed S2,000 or both such fine and imprisonment as set
forth in Section 37.10, Penal Code.
DATE: June 10, 1986
SUBJECT: Council Agenda, June 12, 1986
ITEM: 13B - Consider an ordinance granting partial tax abatement for Lots
11 and 12, Block 10, Round Rock Original Plat (Nelson Hardware).
(Second Reading)
Ordinance 1008, adopted December 23, 1982 provides for the partial
abatement of City property taxes. The City Council through this
ordinance recognized the value of stimulating redevelopment of historic
structures.
Application has been filed for tax abatement based upon the above
cited ordinance. The Historic Preservation Commission recommended
approval of the request at their meeting on March 31, 1986 subject to
verification of expenditures by the City of Round Rock Finance Department.
There have been no changes since first reading of this ordinance.
Lot 18, Block 9
Kelly Cleaners
Lot 11 & 12 Block 10
Nelson Hardware
Lot 9, Block 22
TAX VALUATION
84 Valuation
$ 7,500
$28,275
$15,000
$51 ,285
$9,380
Broom Factory $9,800
85 Valuation
$ 37,500
$ 50,544
Current Taxes $669.13 R.R. I.S.D.
$350.86 City of R.R.
$ 75,000
$580,320
Current Taxes $4,980.43 R.R. I.S.D.
$2,611.45 City of R.R.
$ 37,460
$132,600
Current Taxes $1,292.46 R.R. I.S.D.
$ 677.69 City of R.R.
Total Taxes $3,640
Abatement x 75%
Amount to be abated $2,730
Balance to City $910
City of R.R.