The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #2020-73
Resolution to request Abatement of accrued Property Taxes on property owned by the City of Monticello for public purposes within the City limits of the City of Monticello.
WHEREAS, The City of Monticello purchased two Airplane Hangars previously owned by Monticello Aviation, located on Lots IX and X and Lot XI and the East one-half of Lot XII, respectively, and
WHEREAS, The City has owned the Hangars since closing on the purchase held on 3/1/2020, and
WHEREAS, The two hangars are identified by the following Tax Parcel Numbers: 0226300904 and 0226300906 City took ownership of the property on or about 8/25/2014, and
WHEREAS, At the closing of the purchase transaction on March 1, 2020, the City collected accrued taxes from the seller in the total amount of $1,746, with $938 being tied to Parcel Number 0226300904 and $808 being tied to Parcel Number 0226300906, and
WHEREAS, The Council finds it appropriate, under the circumstances, to forward the prorated taxes, totaling $1,746, to the Jones County Treasurer, and to request the abatement of all taxes that have accrued from the date of closing forward, whether past due or accrued and not yet due, and to so inform the County Treasurer so that the County Board of Supervisors can take action to formally abate said taxes as required by §445.63 of the Iowa Code.
NOW, THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby direct the City Clerk to forward payment as noted herein, in the total amount of $1,746, to the County Treasurer to cover accrued taxes on the hangars purchased by the City through March 1, 2020, and to inform the County of the decision of the City Council to request the abatement of the taxes accruing on the above described tax parcels from and/or after March 1, 2020 consistent with §445.63 of the Iowa Code.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal of the City of Monticello, Iowa to be affixed hereto. Done this 15th day of June, 2020.
Attest: Brian Wolken, Mayor
Sally Hinrichsen, Monticello City Clerk