The City of Monticello, Iowa
RESOLUTION #2024-129
Requesting 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 the property located at PARCEL 2023-80 and requested an abatement with Resolution #2024-08 on January 3rd, 2024, for PARCEL 2023-80, further described below. Jones County Auditor recently advised that the property was divided into two taxing parcels, as one parcel was in TIF and the other was not in TIF, and
WHEREAS, The City of Monticello purchased the property located at PARCEL 2023-80, being a part of Lot 3 of R.H. George Place, all of Parcels 2001-171 and 2001-172 in the SW1/4 SW1/4 of SECTION 26, part of the SE1/4 SE1/4 of SECTION 27, part of the E1/2 NE1/4 of SECTION 34, and part of the NW1/4 NW1/4 of SECTION 35; all in TOWNSHIP 86, NORTH, RANGE 3, West of the 5th P.M., in the City of Monticello, Iowa, as shown in the PLAT OF SURVEY recorded in DOCUMENT NO. 2023-2590 of the Jones County, Iowa records, containing 47.30 acres. SUBJECT TO the rights of the public in all highways and to all easements of record, same being described by the following Tax Parcel IDs: MONAG 0234200013 and MONAG 0226300023, 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 a portion of the March 2024 tax installments prior to closing; and will pay the remaining March 2024 tax installments at closing and relieved them of responsibility for all other accrued taxes. The City did, collect $762.62 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 $762.62 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 $762.62 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 2024.
Wayne Peach, Mayor
Attest:
Sally Hinrichsen, City Clerk/Treasurer