HomeMy WebLinkAboutORDINANCE 0051-1963 !
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AN ORDINANCE PKOVXDXNG FOR A MEASURE OF TAX
RELIEF TO SUBDIVIDERS TO THE ~XTENT OF THE
iMPROVEMENTS PROVIDED BY SUCH SUBDIVIDERS AT
AND DECLARING AN EMerGENCY.
t~EREAS, the City of Ke~ai has a great need ~or the
establishment of residential and c~ercial districts tn accord-
~e ~ch 8~d pla~ and e~divisi~ re~lacto~ and
W~S, ~he C~y of Ke~t r~uires s~vid~s to pay
~e H~ Per C~ of ~he cost of pr~d~ r~ a~ u~iCy
ser~ce~ to any subdivision~ and
~S, s~dLvide~s are ~eq~red ~o spend XarSe s~s o~
~t~l the Xots ~saXd s~d~v~sX~s ~ve be~ d~e~oped by o~he~s~
and
W~S~ Xc is to the adv~u~ase of the CXty to encourase
s~dLvXders to pr~d wLth adeq~te d~e~o~t by pr~XdinS a
m~s~e of t~ reX~ef ~r~ the y~rs t.~ediately foXlowin~ said
expenditures of funds.
NOW, THEKEFO~, the City of genai, ORDAINS:
Section 1o That for the five tax years next iollowin8
HUGHES.
THORSNE~S
& LOW~'
the filths of a duly authorized plat in accordance with the or-
di_r~_nces of the City of Kenai, which plat b"~ been approved by
~:he duly constituted Plannin$ Commissio~ of the City of Kena£,
the Assessor shall deduct from the value set for tax purposes on
all lots in said subdi~l~ion still standin~ in the name of t,,,'
~ubdivid!r, th! pro rata share of the cost of the phy,~tcal