Full Text
RESIDENTIAL APPLICATION FOR PROPERTY TAX EXEMPTION LANEY WALKER ENTERPRISE ZONE To qualify for property tax exemption under the “Enterprise Zone Employment Act of 1997” The Enterprise Zone Employment Act has been amended to include residential rehabilitation” for new residential construction, residential rehabilitation, or other rehabilitation of an existing structure. The value of the improvement must exceed the value of the land by a ratio of five to one. O.C.G.A. §36-88-8 Tax Account No. Owner’s Mailing City State Code Property City State Code FOR OFFICIAL USE ONLY: PROJECTED CAPITAL INVESTMENT (To be made in the Zone over the entire 10-year tax abatement period). Current Appraised Value Future Appraised Value Land Buildings GRAND TOTAL Date TAX Exemption Date TAX Exemption Please submit the following information along with this application to qualify for residential property tax exemption in the Laney Walker Enterprise Zone. 9 Proof of ownership (Deed) 9 Copy of planned property improvements 9 Certified Appraisal Date Construction To Date Construction To Be I hereby certify that all information is true to the best of my knowledge. I further acknowledge that by filing the application and accepting the incentives granted, I agree to undertake the project as described. Falsification of documents or failure to carry out the project may result in revocation of incentives and/or penalties under law. Owner’s Signature Date Housing and Neighborhood Development Date Board of Tax Assessors Date RETURN APPLICATION TO: Housing and Neighborhood Development z One 10 th Street, Suite 430 z Augusta, Georgia 30901 [PHONE REDACTED] (FAX ) [PHONE REDACTED]