File #: 25-0065    Version: 1
Type: Consent Item Status: Consent Agenda
File created: 2/12/2025 In control: City Council
On agenda: 2/18/2025 Final action:
Title: Approval of 2025 Community Purpose Property Tax Exemption Applications
Attachments: 1. 2025 Community Purpose Exemption List, 2. American Legion PIDN 7040-035-023-0, 3. AVV PIDN 7010-016-001-0, 4. Connecting Ties PIDN 7040-016-004-0, 5. Connecting Ties PIDN 7040-025-001-4, 6. Connecting Ties PIDN 7120-018-000-0, 7. KCHU PIDN 0439-000-000-3, 8. KCHU PIDN 7040-025-001-2, 9. Valdez Native Tribe PIDN 7155-002-001-0, 10. VFDA PIDN 0088-140-001-0, 11. VFDA PIDN 0088-140-002-0, 12. VFDA PIDN 0564-000-002-0, 13. VFDA PIDN 0564-000-002-1, 14. VFDA PIDN 1097-016-000-0, 15. VFDA PIDN 1140-000-001-0, 16. VFDA PIDN 1140-000-002-0, 17. VFDA PIDN 1140-000-003-0, 18. VFDA PIDN 1140-000-004-0, 19. VFDA PIDN 1358-000-000-0, 20. VFDA PIDN 1595-000-001-0, 21. VFDA PIDN 3329-000-000-0, 22. VFDA PIDN 3682-001-005-0
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ITEM TITLE: 

Approval of 2025 Community Purpose Property Tax Exemption Applications

 

SUBMITTED BY: Elise Sorum-Birk, Deputy City Clerk

 

FISCAL NOTES: 

Expenditure Required: N/A

Unencumbered Balance: N/A

Funding Source: N/A

 

RECOMMENDATION:

Approve 2025 Community Purpose Property Tax Exemption applications.

 

SUMMARY STATEMENT:

The property of an organization not organized for business or profit-making purposes and used exclusively for community purposes may be exempt from taxation under Valdez Municipal Code 3.12.050. The property must also be open to the public and not require membership or a fee to access.

Note: That portion of the property regularly used for commercial purposes other than the organization’s exempt purpose shall be subject to taxation by the City.

To qualify for the exemption, the applicant must file with the City Clerk’s Office a written application no later than January 15th of the assessment year for which the exemption is sought. Applicants must use a standard form provided by the City.

Community purpose property tax exemptions must be approved by the City Council annually. An exemption granted shall only be for the assessment year for which the exemption is sought.

The City Clerk’s Office received qualifying 2025 community purpose applications from:

•                     Advocates for Victims of Violence (One property at 100%)

•                     American Legion (One property at 100%)

•                     Connecting Ties - Second Time Around (Three properties at 100%)

•                     Terminal Radio, Inc DBA KCHU (One property at 100% and One property at 50%)

•                     Valdez Fisheries Development Association (Thirteen properties at 100%)

•                     Valdez Native Tribe (One property at 100%)

A spread sheet is attached listing the applicant’s name, parcel identifiers, parcel value (land & improvements), the anticipated value of the tax exemption to be granted upon approval, and any applicable notes. Tax exemption applications are also provided for ease of reference.