Examples of Renaissance zone in a sentence
Renaissance zone business or investment income exemption (Attach Schedule RZ) 2 3.
Renaissance zone property is tax abated property against which property taxes are not currently levied, but in the near future will return or revert to the ad valorem tax rolls.
The size of the zone is dependent upon the size of the city applying for the Renaissance zone.
He further stated that although the property is in the Renaissance zone, staff does not think they qualify for open zoning.
Renaissance zone tax waivers are available for up to $10 m illio n per individual or or- ganization during the term of the zones.
HB 1166 – Renaissance zone income exemptionOne of the tax incentives under the Renaissance Zone Program is a five-year exemption from income tax for purchasing, rehabilitating, leasing, or making leasehold improvements to residential or commercial real estate, or to public utility infrastructure, used for business or investment purposes.
Notwithstanding the requirements of § 34-201(a)(1)a., the applicant for any action requiring a public hearing must sign a statement, under oath, that he is the owner or the authorized representative of the owner(s) of the property and that he has full authority to secure the approval(s) requested and to impose covenants and restrictions on the referenced property as a result of the action approved by the town in accordance with this code.
The itemized statement below identifies appropriations from which spending to local units of government will occur: Operations$315,504,216 At-risk student success program3,692,103 Renaissance zone tax reimbursement program$ 400,000 TOTAL$319,596,319 Sec.
GRANTS 25 At-risk student success program.....................$ 3,322,80026 Renaissance zone tax reimbursement funding..........
The itemized statement below identifies appropriations from which spending to local units of government will occur: Operations$312,581,100 At-risk student success program3,322,700 Renaissance zone tax reimbursement program 3,025,000 TOTAL$318,928,800 Sec.