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O-86-2237 - 6/12/1986ORDINANCE NO. 2237 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 William R. and Sondra Stewart, 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. II. READ and APPROVED on first reading this the ---4g444 day of 1/4--Mett, 1986. READ, PROVED and ADOPTED on second reading this the /c day of ATTEST: , 1986. 0,11 JLC Aga., 49,e NNE LAND, City Secretary MIKE ROBINSON, Mayor City of Round Rock, Texas State Property Tax Board Exemption Application 11.24(4/84) RprtiL- 15�i`j�C County Appraisal District EXEMPTION APPLICATION FORM FOR HISTORIC SITE FOR 19 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 ,gffice will be noted ' the proper place below. Application submitted for: (1-1 IDENTIFICATION OF APPLICANT Name: Address: Taxing Unit(s)) Mailing Address (if different). IDENTIFICATION OF REAL PROPERTY OF THE OGANIZATION FOR EXEMPTION: Deed Owner: Deed Recorded: Volume Lot PROPERTY USAGE: Page Block 1. Was property recorded as a Texas Historical Lan ark by the Texas Historical Commission as of January 1 of this tax year? YES ❑ NO 2. Is the property a historically significant site in ne d of tax relief to encourage its preservation pursuant to an ordinance or other law adopted by the governing body of the unit? [] YES Q NO 3. Please attach any documents supporting either of the above answers. Please provide the n e of a person whoh7tL' be contacted,if additio al information i needed. Name: 1,i Title: Address: Phone number: l-- 0,233 ge-w gm. --/s3( 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 leas than 2 years and/or a fine of not more than $5,000 or both such tine and Imprisonment; 2. confinement in Jall for a term up to 1 year or a fine not to exceed $2,000 or both such fine and Imprisonment as set forth in Section 37.10. Penal Code. CY• 11 7A nano DATE: June 10, 1986 SUBJECT: Council Agenda, June 12, 1986 ITEM: 13C - Consider an ordinance granting partial tax abatement for Lot 9 Block 22, Round Rock Original Plat (Broom Factory). (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 the 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 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. $9,380 $ 37,460 $9,800 $132,600 Current Taxes $1,292.46 R.R. I.S.D. $ 677.69 City of R.R. Total Taxes $3,640 City of R.R. Abatement x 75% Amount to be abated $2,730 Balance to City $910