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... - , ip, fjt�q - 11(M-9$--fj-4-qVniTA4-�j4 <br />110, WA U i <br />law's pra 11radmil Pig ty" 110)VI w-1 9 PJ61 I 1 04 JUMMAM OM Ki"i '441 <br />1 iQ,a ., 99 WNW.. <br />NNIMIN INIMM61114, '04 #10 1 'ill I Olp "111M.MHOW <br />Bill] M IWOM, ON, <br />TAX.XEA.R ABATEMENT* <br />1 100% <br />2 100% <br />3 80% <br />4 60% <br />5 40% <br />6 Zero% <br />*Abatement is applied only to the increased value of the residential improvements that exceeds the base <br />year value as determined by the Lamar County Appraisal District. <br />Applications for residential tax abatement shall be reviewed for completeness. City staff shall determine <br />whether the application satisfies guidelines and criteria and Staff may request additional information or <br />focuments from Applicant. City Staff will make final recommendations on each application to City <br />Council. Any person, partnership, organization, corporation or other entity desiring a residential tax <br />abatement to encourage development within a designated Reinvestment Zone shall comply with the <br />following procedural guidelines. All tax abatement applications shall be evaluated on their own merits <br />within the parameters of these Guidelines and Criteria. <br />Preliminary Application Steps <br />A. Applicant or applicant's agent shall submit an "Application for Residential Tax <br />Abatement" contemporaneously with the application for a building permit. If the <br />building permit is for new single family residential construction or expansion or <br />U�� <br />