Title
Subject: Communication from the City Assessor requesting a correction to the 2005 assessment and tax rolls.
Recommendation: That the listed items be corrected on the 2005 assessment and tax rolls.
Dollar Store, location 3701 Durand Avenue, Tax No. P01992505 be reduced from $5,200 to $0 and that the resulting credit of $119.56 be charged against account 101.990.5930, Real Estate and Personal Property taxes cancelled.
Specialty Stainless, location 1600 Layard Avenue, Tax No. P06989005 be reduced from $3,900 to $0 and that the resulting credit of $89.69 be charged against account 101.990.5930, Real Estate and Personal Property taxes cancelled.
RD's Retreat, location 1632 Douglas Avenue, Tax No. P06055009 be reduced from $4,300 to $0 and that the resulting credit of $98.87 be charged against account 101.990.5930, Real Estate and Personal Property taxes cancelled.
Geneva Capital, LLC, location 1801 N. Memorial Drive, Tax No. P02759005 be reduced from $20,400 to $0 and that the resulting credit of $469.05 be charged against account 101.990.5930, Real Estate and Personal Property taxes cancelled.
Fiscal Note: There are sufficient funds available for this credit. Other taxing jurisdiction's portions will be charged back to them when appropriate.