The City of Monticello, Iowa
RESOLUTION #2024-07
Requesting Abatement of accrued Property Taxes on property owned by the City of Monticello for public purposes outside the city limits of the City of Monticello
WHEREAS, The City of Monticello recently purchased the property located at 14432 190th Street, same being described by the following Tax Parcel ID: 0235451009, and
WHEREAS, The Purchase Agreement with the property owner prorated the Real Estate Taxes to December 20, 2023, which the Seller paid the September 2023 and March 2024 tax installments prior to closing; and relieved them of responsibility for all other accrued taxes. The City did, collect $2,219.14 from the property owner to pay property tax installments due September 2024, and
WHEREAS, The Council finds it appropriate, under the circumstances, to request the abatement of all accrued and accruing taxes related to said parcel, whether past due or accrued and not yet due, except for the $2,219.14 that was collected from Seller; 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 inform the County Treasurer of the decision of the City Council to request the abatement of the taxes accrued and accruing, except for the $2,219.14 that was collected from Seller, on the above-described tax parcel 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 3rd day of January 2024.
Wayne Peach, Mayor
Attest:
Sally Hinrichsen, City Clerk/Treasurer