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O-86-2238 - 6/12/1986ORDINANCE NO. 2238 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 Ricky Riggs and Paul Sessler, 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. 11. READ and APPROVED on first reading this the of , 1986. day READ, APPROVED and ADOPTED on second reading this they/AC6 day of , 1986. ATTEST: NNE LAND, City Secretary MIKE ROBINSON, Mayor City of Round Rock, Texas • • State Property Tax Board Exemption Application 11.24(4/84) Williamson County Appraisal District EXEMPTION APPLICATION FORM FOR HISTORIC SITE FOR 19 86 In order to claim this exemption. the applicant must have owned the property on January 1 of this year. The application must be timely filed with the appraisal office between January 1 and May 1 of this tax year for the application to be valid. Any supporting documentation for this exemption required by the appraisal office will be noted in the proper place below. Application submitted for: Ricky -Riggs and Paul SesslerrP'artners e:oj-7.1 [Taxing Unit(s)) 121 East Main, -Round Rock, Texas 78664 ,R IDENTIFICATION OF APPLICANT Name: Kelley Cleaners Address` 121 East Main, Round Rock, Texas 78664 Mailing Address (if different) - IDENTIFICATION OF REAL PROPERTY OF THE ORGANIZATION FOR EXEMPTION: Deed Owner: Ricky Riggs and Paul Sessler Deed Recorded: Volume 1101 page 394,395,396 Lot Lot 19 Block Black 9, Town of Round Rock PROPERTY USAGE: 1. Was property recorded as a Texas Historical Landmark by the Texas Historical Commission as of January 1 of this tax year? 174 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? el YES 0 NO 3. Please attach any documents supporting either of the above answers. Ordinance 1000 -- Copy attached Please provide the name of a person who may be contacted if additional information is needed. Name: Title: Accountant Sara Brighton. Address" Route 4, Box 149, Temple, Texas 76501 Phone number:. 817/984-2284 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 $5,000 or both such tine and imprisonment; 2. confinement In Jail for a term up to 1 year or a fine not to exceed $2,000 or both such fine and imprisonment as set DATE: June 10, 1986 SUBJECT: Council Agenda, June 12, 1986 ITEM: 13D - Consider an ordinance granting partial tax abatement for Lot 19, Block 9, Round Rock Original Plat (Kelley Cleaners). (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 Broom Factory TAX VALUATION 84 Valuation $ 7,500 $28,275 $15,000 $51,285 $9,380 $9,800 Current. Taxes. Current Taxes Current Taxes Total Taxes Abatement Amount to be abated Balance to City 85 Valuation $ 37,500 $ 50,544 $669.13 R.R. I.S.D. $350.86 City of R.R. $ 75,000 $580,320 $4,980.43 R.R. I.S.D. $2,611.45 City of R.R. $ 37,460 $132,600 $1,292.46 R.R. I.S.D. $ 677.69 City of R.R. $3,640 x 75% $2,730 $910 City of R.R.