The City of Coppell
File #: 2017-3683    Version: 1 Name: 517 W. Bethel Rd 2nd Amendment to Tax Abatement - Resolution
Type: Resolution Status: Passed
File created: 12/4/2017 In control: City Council
On agenda: 12/12/2017 Final action: 12/12/2017
Title: Consider approval of a Resolution approving the Second Amendment to Tax Abatement Agreement between the City of Coppell and Kristi A. Zatyko, and authorizing the Mayor to sign.
Attachments: 1. 517 Bethel Second Amendment to Tax Abatement - Memo.pdf, 2. 517 Bethel Second Amendment to Tax Abatement - Resolution.pdf, 3. 517 Bethel Second Amendment to Tax Abatement - Agreement.pdf

Title

Consider approval of a Resolution approving the Second Amendment to Tax Abatement Agreement between the City of Coppell and Kristi A. Zatyko, and authorizing the Mayor to sign.

 

Summary

Kristi A. Zatyko purchased 517 Bethel Road from Founders’ Crossing, LLC in 2016.  This Amendment Agreement reduces the minimum Taxable Value for Improvements to $400,000.

 

Fiscal Impact:

[Enter Fiscal Impact Statement Here]

 

Staff Recommendation:

Staff recommends approval.

 

Goal Icon:

 

 

Business Prosperity