Sample Resolution to Approve a New Personal Property Exemption Certificate Application

Sample Resolution to Approve an Application for New Personal Property Tax Exemption - PA 328 of 1998, as amended.

Minutes of a [regular OR special] meeting of the [governing body] of the [governmental unit], held on [date], at [place] in [location] at [time].

PRESENT:

ABSENT:

The following preamble and resolution were offered by [presenter] and supported by supporter].

Resolution [resolution number] Approving a New Personal Property Exemption Application for [applicant] Located at [address of project]

WHEREAS, the [governmental unit] meets the definition of an “Eligible Local Assessing District” under of PA 328 of 1998, Section 9(h), by virtue of containing an eligible distressed area as defined by Section 7(f)(i), in accordance with PA 346 of 1966, Section 11; and

[Note: This statement is only for those governmental units who do not meet “border county” qualifications. If you are a “border county” please remove this statement from the resolution.]

WHEREAS, the [governmental unit] meets the definition of an “Eligible Local Assessing District” under of PA 328 of 1998, Section 9(h), by virtue of being located in a county bordering another state or Canada and by providing the following four services: [list four of the eligible services provided here]; and

[Note: This statement is only for those governmental units who meet the qualification as being located in a “border county” and providing certain services. If you are not located in a “border county”, please remove this statement from the resolution.]

WHEREAS, the [governing body] of the [governmental unit] established a [district name and type] on [date] as required under PA 328 of 1998 after a public hearing held on [date]; and

WHEREAS, the applicant [name] meets the definition of an “Eligible Business” as defined by PA 328 of 1998 and is engaged primarily in [business type] at the location of [facility address]; and

WHEREAS, the new personal property was not placed in the facility within the qualified district prior to approval of the exemption by the [governing body] of the [governmental unit]; and

WHEREAS, the applicant [name] is not delinquent on any taxes related to the facility, including taxes owed on existing personal property; and

WHEREAS, the exemption of new personal property for [applicant name] shall have the effect of [list economic benefit, such as increased employment] for the [governmental unit].

NOW, THEREFORE, BE IT RESOLVED by the [governing body] of the [governmental unit]

Be and hereby is granted a New Personal Property Exemption for personal property, placed in the facility after this resolution, located in [district type and name] at [project address] for a period of [number of years] years, beginning December 31, [current year], and ending December 30, [final year], pursuant to the provisions of PA 328 of 1998, as amended.

AYES:

NAYS:

RESOLUTION DECLARED ADOPTED.

____________________________
Clerk