1998-010289 - land alteration - Laserfiche WebLink

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::::�=,y� . Exemption From The Property Tax Of Improvements � �Iade To Homes �� Years Of A�e Or Older ,ead the follow•in� information before comQteting the application for exemption from the property taz of .Riprovements made to homes �� years of a�e or older. .;u.��sota la«•encoarages property owners to restore or re�o�•at� ��°�ue of impro�ements.mzd to homes 3�tears oi =nis Old House" ex:mou uom the propzrt�'�-Y�l or a por'�con o _� or older .. . ' ....... >..,....... . ...TI�PES aF PROPE�ZTY:'E�.iGIBLE.�`�R.T�E EYE?riPTIO�c.: :_..:..... : . ........ . ..... .... .....�... :.:::....... . ,order to be eligibl� for e:cemprion, the properti' must merc the iollow-ing thre� critena: '. Propercy must be >j �'�S of�z or older at the time the imProvements commezc�. �. Property mus[b� receivin�th� homesead classt�ic3tion. �s bied homestz,d and agricultural homestead.�R�laati•e (inc:uding duP�-Y's and tnpleYes) blind/paraPle2ic veterarJcu homest�ac.'s are �ligible Tor the ere:nPtion. _. Z'ne total market value of the properti' must be less �hzn S i`��a0 o�ls�a kzLlvalue f S I 01000 or more but less t�u hous�l�ara�e!1 acre). In special circums'w.nc..s, a pronerc� 5�00,000 may qualii�•for the eYemotion. In these insances'Ye or S pOSOQO`or moP do nottqualifylfor the exe.�npnoa eligible for the e�emotion. Prooefizs �tizth a tocal mark�t valu �vour proo�:�' is a condominium and��our li�zn? u;.it is �f�"`'�n� on a eas are nottelsa bletl If y�our prooe:t;r i a daples -o t�-ie unit«'ould qualiiy for the exemption. Improvemezts .o comm or triples and it is rec�ivin�the homestead classification�. imoroveme�e d and�fo�r a non-lr�es dz ualruse. the esempt on y �;emption from �:� praFzrt��-�� Ii ��our proper�� is us..d..s a home� ' �the oropertv receivina the homestead classification. For .:�plies onl�•to improve:nents :nad� to thz residen�ial porien o: . :�mple, ii you: orope:t�' is used both ;or a residence and cor a business. the exempuon aoplies onl}�to the improvemea�; ;�ade to the homeste�d�d residential porion of��our grop � , . ... ... . . .: . ,. : :.... .... ._..._. .. .: �YPES:Q�I�•IPROVE�iE\TS T.HO��:Qj ore o theOhousHor�a�a e of alOo ert�• classed as ...:; .. . ...::....... P P pnlv unprovemenu that contnoute a muumum�alue of S , aomestead during the yeaz of the improvemeat qua[Qfy for thz o f�Pt�sur.� house and o rz�e, res onn�, remodeling or �� ;sch as additions to the e:usting house and 2arage. ..�cp�s�on � ��grading of the eYisting ho�sz, addition of a porch or deck or c�nCtruction of a new garage. Please note that the area qualifyin� ior construction of a�ara�e is limite3 to 600 sauare r � a . : . . .. . . , : .: .. ......� . ' TY,PES QF Iy1PROZ�'�IE�i�'S TH��'.DO i�Oo.T,.f��m�-o�`Th��iRnc udes s c�unprovements to the. ;. ...... .. .. .. ..... . . ?morovernents mad�to t he site surr o u n d i n� t h e h o m e d o n o c q u a t n �ite as: construction of a feace, construcrion of a drive«a�•, ��lli�°al bu ldin�s Spnnkler s��stem, i n s t a l lation o f a s�rirruning pool or tennis court, landscaping of the grounds, a�ncu If more than �0 percent of the square footage of a house is toa ndo�S n°ru�ad Co�dered too onstitu e the�coo n�� longer e�cist, and any subsequent improvemenu made to tne r.m = . of a ne�+house. �.s a resul� the value oi an}� improvements �vould not qualify for exempuon. combination of improvements double the oriainal size of the structure. an�• improvement that further increases the If any • � " t uali for e:cempuon. ....,�:.�:—.--�~. a ....,..w..,.:...,, . ..::.. n .. .,,. � Il .. .,..::.... .. ti z � ........ ........... e .:...::.::::.::.:,;.:.......:.::;:..:::::;.::::::;�::,....:::.::::::::,:....::.:..... o ctur q siz., of the stru ,.:. . ... ..... .. �''�T.:UEL_fl�.�liTci.TIQ�S ...... ``..:... . .... . ... . ,, .. .... �: :.... . .: ...::... . .. _ � : . �< :: ...: ...:. ....::.. .... �� oe of tt� ?here is'a�limit to the dollar value of the improve�ma�t�whl�i''�?Y Housesi htatare at1least 3� years of aoe but less prooem'. Houses that are less than 3� years of a�e Q _ 000. Houses than 70 years are limited to one-haif ot the value of the �p�l�v�`�e of any imprv emenu e�emlpt d up to a ma-'�imum o� tha[ are 70 years of aDe or older are eli�ible to have the to � 5�0,000. The aae of the house is based upon the number of years that the qualif�zng residence has e`usted on i�s preses�z site.