The Chariton City Council approved a tax abatement for the construction of a new home owned by Jacob Wagner at 1422 Armory Ave. in Chariton.
Wagner requested the tax abatement for the construction of the new home at 1422 Armory Ave.
As is stated in the City of Chariton City Code, Chapter 3.08.040, Section 3.C- “Residential properties may be exempt for the first $75,000 of value of a new home constructed, over a period of three years. It is broken into the following exemptions.
• First year-75 percent exemption
• Second year-50 percent exemption
• Third year-25 percent exemption
“So they’ve satisfied all the requirements for the abatement?” Chariton Mayor Denny Bisgard asked.
“Yes they have,” answered Chariton City Manager Laura Liegois.
Resignation, appointment approved
The council approved the resignation from Amy Poncelow from the Chariton Park and Recreation Advisory Board.
The council also approved the appointment of Gloria Willis to the Chariton Planning and Zoning Commission at the request of Mayor Bisgard.