[Amended 10-2-1978; 9-7-1982]
A. A tax exemption is hereby authorized for any building,
the construction of which is commenced on or after October 1, 1976,
and before October 1, 2006, which is equipped with an active solar
energy heating or cooling system, or any building to which a solar
energy heating or cooling system is added on or after October 1, 1976,
and before October 1, 2006, to the extent of the amount by which the
assessed valuation of such real property equipped with such solar
heating or cooling system exceeds the assessed valuation of such real
property equipped with the conventional portion of the heating or
cooling system, exclusive of any portion of such system related to
solar energy, provided this exemption shall only apply to the first
15 assessment years following the construction of such building or
addition of any such system to a building.
B. As used in this section, the following terms shall
have the meanings indicated:
ACTIVE SOLAR ENERGY HEATING OR COOLING SYSTEM
Equipment which:
(1)
Provides for the collection, transfer, storage
and use of incident solar energy for water heating, space heating
or cooling which absent such solar energy system would require a conventional
energy resource, such as petroleum products, natural gas or electricity;
(2)
Employs mechanical means such as fans or pumps
to transfer energy; and
(3)
Meets standards established by regulation by
the Secretary of the State Office of Policy and Management.
C. Any person who desires to claim the exemption provided
for in this section for any assessment year shall, on or before the
first day of November in such assessment year, file with the Tax Assessor
of the City of Middletown written application claiming such exemption
on a form as prescribed by the Secretary of the State Office of Policy
and Management. Failure to file such application in said manner and
form within the time limit prescribed shall constitute a waiver of
the right to such exemption for such assessment year. Such application
shall not be required for any assessment year following that for which
the initial application is filed, provided if such solar energy heating
or cooling system is altered in a manner which would require a building
permit, such alteration shall be deemed a waiver of the right to such
exemption until a new application, applicable with respect to such
altered system, is filed and the right to such exemption is established
as required initially.
[Amended 10-2-1978; 9-7-1982]
A. An exemption is hereby authorized for any solar energy
electricity generating system installed for the generation of electricity
for private residential use, provided such installation occurs on
or after October 1, 1977, and before October 1, 2006. This exemption
shall only be applicable in the first 15 assessment years following
the installation of such system.
B. As used in this section, the following terms shall
have the meanings indicated:
SOLAR ENERGY ELECTRICITY GENERATING SYSTEM
Equipment which is designed, operated and installed as a
system at any private residential location, which utilizes solar energy
to produce electricity for consumption at such location and which
meets standards established by regulation by the Secretary of the
State Office of Policy and Management.
C. Any person who desires to claim the exemption provided
in this section for any assessment year shall, on or before the first
day of November in such assessment year, file with the Tax Assessor
of the City of Middletown written application claiming such exemption
on a form as prescribed by the Secretary of the State Office of Policy
and Management. Failure to file such application in said manner and
form within the time limit prescribed shall constitute a waiver of
the right to such exemption for the assessment year. Such application
shall not be required for any assessment year following that for which
the initial application is filed, provided if such solar energy electricity
generating system is altered in a manner which would require a building
permit, such alteration shall be deemed a waiver of the right to such
exemption until a new application, applicable with respect to such
altered system, is filed and the right to such exemption is established
as required initially.
[Added 12-3-1979; amended 9-7-1982]
A. An exemption is hereby authorized for any building, the construction of which is commenced on or after April 20, 1977, and before October 1, 2006, which is equipped with a passive or hybrid solar energy heating or cooling system, or any building to which such a system is added on or after April 20, 1977, and before October 1, 2006, to the extent of any amount by which the assessed valuation of such real property equipped with such a system exceeds the valuation at which such real property would be assessed if built using conventional construction techniques in lieu of construction related to such a system, as determined by the Tax Assessor, provided this exemption shall only apply to the first 15 assessment years following construction of such building or addition of any such system to a building. Any portion of a hybrid solar energy heating or cooling system which is allowed an exemption under §
272-2 shall not be eligible for exemption under this section.
B. The Secretary of the State Office of Policy and Management
is authorized by statute to adopt regulations to define and set standards
for passive and hybrid solar energy heating or cooling systems. Any
such passive system shall include a solar energy heating or cooling
system which utilizes the structural elements of a building to provide
for the collection, storage or distribution of energy for water heating
or space heating or cooling. Any such hybrid system shall include
a solar energy heating or cooling system which consists of both active
and passive elements. To qualify for the exemption provided by this
section the systems must comply with such regulations.
C. Any person who desires to claim the exemption provided
for in this section for any assessment year shall, on or before the
first day of November in such assessment year, file with the Tax Assessor
of the City of Middletown written application claiming such exemption
on a form as prescribed by the Secretary of the State Office of Policy
and Management. Failure to file such application in said manner and
form within the time limit prescribed shall constitute a waiver of
the right to such exemption for such assessment year. Such application
shall not be required for any assessment year following that for which
the initial application is filed, provided if such passive or hybrid
solar energy heating or cooling system is altered in a manner which
would require a building permit, such alteration shall be deemed a
waiver of the right to such exemption until a new application, applicable
with respect to such altered system, is filed and the right to such
exemption is established as required initially.
[Added 9-7-1982; amended 1-6-2003 by Ord. No. 01-03]
A. Subject to the provisions of this section, an exemption is authorized for any solar energy electricity generating system which is not eligible for exemption under §
272-3, any cogeneration system, or both, installed on or after July 1, 1981, and before October 1, 2006. The system shall be exempt from taxation for the first 15 assessment years following the installation of the system. This exemption shall not apply to additions to resource recovery facilities operating on October 1, 1994, or to resource recovery facilities constructed on and after October 1, 1994.
B. As used in this section, the following terms shall
have the meanings indicated:
COGENERATION SYSTEM
Equipment which is designed, operated and installed as a
system which produces, in the same process, electricity and exhaust
steam, waste steam, heat or other resultant thermal energy which is
used for space or water heating or cooling, industrial, commercial,
manufacturing or other useful purposes and which meets standards established
by regulations adopted by the Secretary of the State Office of Policy
and Management.
SOLAR ENERGY ELECTRICITY GENERATING SYSTEM
Equipment which is designed, operated and installed as a
system which utilizes solar energy as the energy source for at least
75% of the electricity produced by the system and meets the standards
established by regulation by the Secretary of the Office of Policy
and Management.
C. The exemption is subject to the applicant entering
into a written agreement with the City. The agreement may require
the applicant to make payments to the City in lieu of taxes. The agreement
may vary the amount of payments in lieu of taxes in each assessment
year of the agreement, provided the payment in any assessment year
is not greater than the taxes which would otherwise be due in the
absence of the exemption. The exemption shall not be effective unless
the agreement is approved by the Common Council.
D. Any person who desires to claim the exemption provided by this section and whose application has been approved in accordance with Subsection
C shall, on or before the first day of November in such assessment year, file with the Tax Assessor of the City of Middletown written application claiming such exemption on a form as prescribed by the Secretary of the State Office of Policy and Management. Failure to file such application in said manner and form within the time limit prescribed shall constitute a waiver of the right to such exemption for such assessment year. Such application shall not be required for any assessment year following that for which the initial application is filed, provided if such solar energy electricity generating system or cogeneration system is altered in a manner which would require a building permit, such alteration shall be deemed a waiver of the right to such exemption until a new application, applicable with respect to such altered system, is filed and the right to such exemption is established as required initially.
[Added 4-2-1990; amended 3-4-1991; 7-1-1996; 10-5-2009 by Ord. No.
46-09; 7-3-2017 by Ord. No. 12-17]
A. Pursuant to the authority of C.G.S. § 12-81b, as amended,
any real property acquired by an organization exempt from taxation
on the date of acquisition of said property under § 12-81,
as amended, and utilized in conformance with C.G.S. § 12-81,
Subsections (7) to (16), inclusive, as amended, shall be exempt from
taxation as of the date of acquisition of such property, upon application
to and verification of such tax-exempt status and intended use by
the Tax Assessor of the City of Middletown. Said exempt organization
shall notify the Tax Assessor of the City of Middletown of the acquisition,
intended use and claimed exempt status of the real property for which
an exemption is claimed within 90 days from the date of acquisition
of such real property.
B. If any amount shall have been paid on account of taxes upon real property which is exempt from taxation hereunder, then, upon application made timely as set forth in Subsection
C herein, the Treasurer of the City of Middletown is authorized and directed to refund to the exempt organization, without interest, such portion of said amount as represents taxes for the period subsequent to the date of acquisition.
C. An application for the reimbursement of taxes under Subsection
B of this section shall be made to the Tax Collector of the City of Middletown on a form prescribed by the Tax Collector, not later than the first day of October next following the date of acquisition of the real property for which an exemption is claimed or within 90 days from the date of acquisition of such real property, whichever period is longer.
D. This section shall apply to real property acquired by an exempt organization described in Subsection
A on or after October 1, 1995.
E. Pursuant to the authority of Connecticut General Statutes § 12-81,
Subsection (58), as amended, any real property used as a house of
religious worship and leased to a religious organization exempt from
taxation for federal income tax purposes shall be exempt from taxation,
provided such property is used exclusively and entirely for the purposes
of such religious organization and not otherwise exempt under this
section. Application for such exemption shall be made upon such forms
as may be prescribed by the Tax Assessor and shall include a copy
of the lease. Applications shall be filed no later than November 1
in the year such exemption is requested.
[Added 7-6-1992; amended 10-7-2002]
In accordance with C.G.S. § 12-146,
as amended, any delinquent property taxes applicable with respect
to any motor vehicle shall be paid only in cash or by certified check
or money order when a release for motor vehicle registration is sought.
Personal checks shall be accepted in situations where a release for
motor vehicle registration is not sought at the time of payment. A
release shall not be provided until the check has cleared.
[Added 7-5-1994; amended 10-7-2002; 11-3-2008 by Ord. No. 12-08; 4-5-2010 by Ord. No. 54-10; 5-2-2016 by Ord. No. 10-16; 9-6-2016 by Ord. No. 21-2016]
A. Purpose. The purpose of the tax incentive program is to attract new
firms to the City of Middletown and to promote expansion of existing
businesses and industry and enhance the quality of life of the citizens
of the City of Middletown. It is the intent of the City to assist
companies in creating jobs for local and area residents; create long-term
tax base growth through the replacement, reconstruction, expansion
and remodeling of existing business and industrial facilities, where
appropriate and environmentally sound; encourage the construction
of new facilities, when necessary; and generating new demand for existing
local businesses goods and services through a "spinoff" effect of
employers' decisions to either expand or locate in Middletown.
B. Definitions. As used in this section, the following terms shall have
the meanings indicated:
OWNER or APPLICANT
Any person or entity owning or proposing to acquire an interest
in real property or air space in the City of Middletown, or any person
or entity who is the lessee of, or who proposes to be the lessee of,
air space in the City of Middletown in such a manner that the air
space leased or proposed to be leased shall be assessed to the lessee
pursuant to Connecticut General Statutes § 12-64, as amended
from time to time.
PROJECT
The proposed new construction of industrial, commercial and/or
residential real property or the rehabilitation of existing industrial,
commercial and/or residential real property.
C. Qualifying projects.
(1) Only the new construction of industrial, commercial and/or residential
real property or rehabilitation of existing industrial, commercial
and/or residential real property is eligible for abatement of real
property taxes pursuant to this section.
(2) Only the following types of improvements to industrial, commercial
and/or residential real property shall be eligible for an abatement
of taxes pursuant to this section:
(c)
Permanent residential use in connection with a residential property
consisting of four or more dwelling units;
(d)
Transient residential use in connection with a residential property
consisting of four or more dwelling units;
(f)
Warehouse, storage or distribution use;
(g)
Structured multilevel parking use necessary in connection with
a mass transit system;
(h)
Information technology use;
(j)
Transportation facilities; or
(k)
Mixed-use development, as defined in Connecticut General Statutes
§ 8-13m, as amended.
(3) Any project for which an abatement of real property taxes is sought
must also conform to the following requirements:
(a)
The project shall require an investment of at least $25,000
or more in new or rehabilitated facilities.
(b)
The project must demonstrate a solid financial base and growth
potential through the preparation and submittal of a financing plan
which demonstrates that the applicant possesses the capital necessary
for completing the project and to ensure reasonable business growth.
(c)
The applicant, including any members, associates, or individuals
that are a member or officer of the entity with which the applicant
is associated, and any other entity with which the applicant may be
associated, must not be delinquent in any taxes, water and sewer charges
or any other charges to the City of Middletown on the date that such
tax abatement takes effect for the duration of the tax abatement agreement.
(d)
The project must have a clear benefit to the City of Middletown.
(e)
If the applicant is a tenant or lessee, the tax benefits must
be reflected in the lease and the duration of the lease must be for
at least the entire term of the tax abatement period and such lease
must be recorded on the land records of the City and Town Clerk of
the City of Middletown.
(4) Pursuant to the Manufacturers Assistance Act, the City of Middletown
will assist all qualified owners or applicants in obtaining tax relief
from the state on equipment used in manufacturing as defined in C.G.S.
§ 12-65h, as amended, in accordance with the provisions
of such statute. Machinery and equipment must qualify for five- or
seven-year depreciation for federal tax purposes. New tangible personal
property acquired by lease or purchase must be used predominantly
in the manufacture or production of goods, research or development
design and engineering of manufactured products.
D. Tax abatement agreements.
(1) Approval procedure.
(a)
To apply for an abatement of taxes pursuant to fix the assessment
of the real property, air space, and all improvements thereon in accordance
with this section, the applicant shall submit an application, on a
form prescribed by the City of Middletown, to the Mayor's Office and
the Department of Economic and Community Development concurrently.
All such applications shall be submitted prior to the issuance of
any building permits for the project, except that an application may
be considered after building permits have been issued, but prior to
the issuance of the certificate of occupancy, only in situations where
an otherwise qualified applicant or owner will be financially unable
to complete the project without the issuance of a tax abatement.
[Amended 6-7-2021 by Ord. No. 18-21]
(b)
Once the application has been deemed satisfactorily completed
by the Department of Economic and Community Development and the Mayor's
Office, such application may then be referred to the Economic Development
Committee for its review to determine whether such agreement conforms
to and complies with the provisions of this section and all other
applicable statutes and regulations. Each application shall be reviewed
on a case-by-case basis. If the application receives a favorable recommendation
from the Economic Development Committee, the Economic Development
Committee shall report its favorable recommendation to the Common
Council, who shall then act upon the application.
[Amended 6-7-2021 by Ord. No. 18-21]
(c)
All applications for the abatement of taxes pursuant to this section that receive a favorable recommendation from the Economic Development Committee shall go to the Common Council for its review. The Common Council shall only act upon the application by ordinance; said ordinance shall include the fixed period of time, percentage of abatement of taxes or fixed assessment for each year of the fixed period of time, and other development incentives as outlined under Subsection
D(3) of this section. If the Common Council approves the application, the Mayor shall execute a tax abatement agreement with the owner or applicant, pursuant to the details as outlined in the ordinance approved by the Common Council.
(2) Required provisions. All agreements for the abatement of taxes entered
into pursuant to this section shall contain the following provisions:
(a)
In such agreement, the assessment of real property and all improvements
thereon or therein may be fixed for a period of not more than 10 years.
Final valuation of the cost of improvements, or of the increase in
such real estate assessment, as the case may be, shall be determined
by the City's Tax Assessor's Office.
(b)
The fixed assessment period shall commence with the first fiscal year of the City of Middletown for which a tax list is prepared on October 1 immediately following the execution of a tax abatement agreement with the owner or applicant pursuant to Subsection
D(1)(c) herein. The assessment of the real property for the period prior to the fixed assessment period shall be determined in the normal course pursuant to state and local laws and ordinances.
(c)
All tax abatement agreements shall contain a provision that
any owner or applicant granted a tax incentive abatement shall repay
the City the dollar amount of any incentive contained in such agreement
if such owner or applicant does not meet obligations contained in
such agreement.
(d)
All tax abatement agreements shall contain a provision that
provides that in the event the applicant, owner, or any members, associates,
or individuals that are a member or officer of the entity with which
the applicant or owner is associated, and any other entity with which
the applicant or owner may be associated is delinquent in taxes at
any point during the duration of the tax abatement agreement, the
City may terminate the tax abatement agreement immediately, and all
taxes, including accrued interest otherwise due to the City of Middletown
shall become immediately due and payable.
(e)
Assignment of a tax abatement agreement to a new owner of the
same building or portion thereof for which the original tax agreement
was executed shall be approved by the Common Council. The Common Council
shall consider the type of business and the financial capacity of
the proposed owner before entering into a tax agreement with the new
owner under the same terms as the original tax agreement. Failure
or inability of a new owner to comply with any of the conditions of
this section, shall result in immediate termination of the tax abatement
agreement and all taxes, including accrued interest, otherwise due
to the City of Middletown shall become immediately due and payable.
(f)
In the event that construction is not commenced or completed,
as the case may be, within the time period prescribed in the agreement,
including any extensions provided for as provided in the agreement,
then any agreement entered into pursuant to this section may be immediately
terminable and the full amount of the tax that would otherwise be
due to the City of Middletown may become immediately due and payable.
(3) Other development incentives. In addition to the granting of a tax
abatement in accordance with this section, the City may consider,
on a case-by-case basis, other financial/development incentives. Such
incentives include but are not limited to:
(a)
Waiving of building permit fees, in whole or in part, in accordance with §
120-3 of the Middletown Code of Ordinances.
(b)
In-kind services such as infrastructure improvements by the
City related to the development project, for example, road widening,
storm drainage improvements, and sidewalk construction.
(c)
Extension of water and/or sanitary sewer lines; waiving of hookup
charges.
(d)
Direct grants to the applicant for infrastructure improvements.
[Added 8-1-2016 by Ord.
No. 17-16]
A. The Mayor shall be authorized to effect an agreement for a seven-year partial tax abatement, as described above, approved pursuant to §
272-9 of the Middletown Code of Ordinances for real property improvements located at 823 Newfield Street; and
B. The tax abatements shall be executed after issuance of a final certificate
of occupancy.
[Added 3-6-2017 by Ord.
No. 04-17]
A. Purpose.
(1) Pursuant
to Resolution No. 60-14, passed May 5, 2014, ARCONN Realty, LLC received
a four-year partial tax abatement for the development of Lots 3 and
4 of the Bysiewicz Industrial Subdivision (75 Bysiewicz Industrial
Drive) and a five-year partial tax abatement for the future development
of Lot 5 (95 Bysiewicz Drive).
(2) ARCONN
Realty, LLC’s affiliate, MIDDLETOWN PROPERTIES, LLC, owns Lot
3.
(3) ARCONN
Realty, LLC’s affiliate, MIDDLETOWN PARTNERS, LLC, owns Lot
4.
(4) MIDDLETOWN
PROPERTIES, LLC and MIDDLETOWN PARTNERS, LLC are corporate alter egos
of ARCONN Realty, LLC, with the same managers and members.
B. Authorization
of assignment.
(1) The
benefits and incentives authorized pursuant to Resolution No. 60-14,
passed May 5, 2014, providing ARCONN Realty, LLC with a four-year
partial tax abatement for Phase I and a five-year partial tax abatement
for Phase II, are hereby assigned to MIDDLETOWN PROPERTIES, LLC with
respect to Lot 3 and MIDDLETOWN PARNTERS, LLC with respect to Lot
4.
(2) The
benefits and incentives previously authorized shall continue to flow
to ARCONN Realty, LLC and will extend to any affiliates of ARCONN
Realty, LLC, MIDDLETOWN PROPERTIES, LLC, and MIDDLETOWN PARTNERS,
LLC, provided that any such affiliates will have the same managers
and members.
(3) The
Mayor is hereby authorized to enter into any necessary agreements
with ARCONN Realty, LLC, MIDDLETOWN PROPERTIES, LLC, MIDDLETOWN PARTNERS,
LLC, and their affiliates, to effectuate the terms outlined above,
upon review and approval by the General Counsel as to content and
form.
[Added 3-6-2017 by Ord.
No. 05-17]
A. Purpose.
(1) The
developer, Ameritage Construction Corp. and The Homes at Westfield,
LLC, is developing a community of adults 55 years and older at 275
Ridgewood Road.
(2) The
development, called "Founder's Ridge," will consist of approximately
62 to 64 condominium units for permanent residential use.
B. Authorization
of incentive and agreement.
(1) The
property will be assessed a base assessment, which will be reduced
on a pro rata basis as units are sold.
(2) Once
approval of a special exception is obtained, the property will be
assessed a post-approval assessment to account for the increased value
due to the approval.
(3) The
difference between the post-approval assessment and base assessment
will be the deferred assessment.
(4) The
deferred assessment will be phased in over 10 years, at which point
the property will be assessed at 100%.
(5) The
Mayor is hereby authorized to enter into any necessary agreements
with Ameritage Construction Corp. and The Homes at Westfield, LLC,
and their affiliates, to effectuate the terms outlined above, upon
review and approval by the General Counsel as to content and form.
[Added 1-2-2018 by Ord.
No. 02-18]
A. Purpose.
(1)
LeConche Realty Enterprises, LLC is seeking to construct an
addition of 19,920 square feet to the Shelco Filters manufacturing
facility located at 100 Bradley Street, Middletown, Connecticut.
(2)
The cost of the real estate improvements to be constructed will be $601,000, which cost qualifies LeConche Realty Enterprises, LLC for a tax incentive and abatement pursuant to §
272-9 of the Middletown Code of Ordinances.
B. Nonassignment of tax incentive and abatement. The benefits and incentives
authorized pursuant to this section, providing LeConche Realty Enterprises,
LLC, with a two-year tax abatement shall inure only to LeConche Realty
Enterprises, LLC and/or the current property owner, not to any successors
or assigns thereof without approval of the Common Council, nor shall
such benefits inure to an affiliate entity without approval of the
Common Council if their respective majority ownership or principals
or management personnel change from the current structure.
C. Authorization of tax incentive and agreement.
(1)
The Mayor shall be authorized to effectuate an agreement for a two-year tax abatement of real estate taxes, in accordance with §
272-9 of the Middletown Code of Ordinances, for real property improvements located at 100 Bradley Street, upon review and approval by the Office of the General Counsel as to content and form.
(2)
The tax abatement approved by this Ordinance shall be as follows:
(a)
The base assessment of 100 Bradley Street, Middletown, Connecticut,
during the term of any tax abatement agreement approved by this section
shall be fixed at $1,079,410. Such base assessment shall be subject
to recalculation during any City-wide revaluation.
(b)
Year 1 of the tax abatement agreement: 50% of the deferred assessment
shall be assessed in addition to the base assessment; and
(c)
Year 2 of the Tax Abatement Agreement: 75% of the deferred assessment
shall be assessed in addition to the base assessment.
(3)
The tax abatement shall be executed after issuance of a final
certificate of occupancy, and shall be contingent upon the obligations
contained within such agreement including the description of the project.
[Added 6-6-2022 by Ord.
No. 06-22]
A. Purpose.
(1)
Authorization. This section authorizes a real estate assessment fixing agreement pursuant to C.G.S. § 12-65b and §
272-9 (the "Agreement") between the City of Middletown and MiddletownConn Realty LLC (the "Developer") to enable the construction of a mixed-use development (the "Development") on properties located at 790 Newfield Street and 850 Newfield Street (the "Properties").
(2)
Design and construction. The Development Work will be performed
as set forth in Appendix A to the Agreement (the "Development Work").
B. Period of development.
(1)
Timing. The Developer must begin the Development Work by November
15, 2022.
(2)
Period of Development. The Development Work will be deemed to
start on the date that the Developer pulls a building permit for one
of the Properties and end two years from that date (the "Period of
Development").
C. Cost of Development Work. The Developer has declared that the minimum
cost (excluding property acquisition and soft costs) of the Development
Work is approximately $25,600,000.
D. Real estate tax assessments.
(1)
Base Assessment. For purposes of the Agreement only, the City
and the Developer have agreed to establish a new assessed value for
the Properties of $570,980 (the "Base Assessment").
(2)
Interim Assessment. Commencing on the October 1 after the Period
of Development ends, and for 10 years from that date, the Properties
will be assessed at $17,920,000 (the "Interim Assessment").
(3)
Fixed Assessment. From the date the Period of Development begins
and for 10 years following it, the Properties will receive a "Fixed
Assessment." To determine the Fixed Assessment over those 10 years,
a percentage of the Interim Assessed Value will be added to the Base
Assessment according to the following chart:
Year
|
Base Assessment
|
Interim Assessment
|
Percentage of Interim Assessment Added to Base Assessment
|
Fixed Assessment
|
---|
1
|
$570,980
|
N/A
|
N/A
|
$570,980
|
2
|
$570,980
|
N/A
|
N/A
|
$570,980
|
3
|
$570,980
|
$17,900,000
|
10% ($1,790,000)
|
$2,360,980
|
4
|
$570,980
|
$17,900,000
|
15% ($2,685,000)
|
$3,255,980
|
5
|
$570,980
|
$17,900,000
|
30% ($5,370,000)
|
$5,940,980
|
6
|
$570,980
|
$17,900,000
|
30% ($5,370,000)
|
$5,940,980
|
7
|
$570,980
|
$17,900,000
|
50% ($8,950,000)
|
$9,520,980
|
8
|
$570,980
|
$17,900,000
|
75% ($13,425,000)
|
$13,995,980
|
9
|
$570,980
|
$17,900,000
|
85% ($15,215,000)
|
$15,785,980
|
10
|
$570,980
|
$17,900,000
|
85% ($15,215,000)
|
$15,785,980
|
E. Authorization. The Mayor is authorized to effectuate the Agreement, in accordance with C.G.S. § 12-65b and §
272-9, upon review and approval by the Office of the General Counsel as to content and form.
[Added 11-4-2019 by Ord.
No. 13-19]
A. Purpose.
(1)
The developer is seeking to construct a new medical facility
at 430 Saybrook Road, on the campus of Heritage Medical Park in Middletown,
Connecticut.
(2)
The cost of the real estate improvements to be constructed will be approximately $7,500,000, which qualifies the developer for a tax stabilization agreement pursuant to §
272-9 of the Middletown Code of Ordinances.
B. Nonassignment of agreement.
(1)
The benefits and incentives authorized pursuant to this section,
providing the developer with a tax stabilization agreement, inure
only to the developer and/or the current property owner, not to any
successors or assigns thereof without approval of the Common Council,
nor do such benefits inure to an affiliate entity without approval
of the Common Council of any changes to its membership, ownership,
principals, or management personnel.
C. Authorization agreement.
(1)
The Mayor is authorized to effectuate an agreement for a ten-year tax stabilization agreement for real estate taxes, in accordance with §
272-9 of the Middletown Code of Ordinances, for real property improvements located at 430 Saybrook Road, upon review and approval by the Office of the General Counsel as to content and form.
(2)
The tax stabilization agreement approved by this section shall
be as follows:
Year 1
|
5% of the deferred assessment will be assessed in addition to
the base assessment.
|
Year 2
|
5% of the deferred assessment will be assessed in addition to
the base assessment.
|
Year 3
|
10% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 4
|
15% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 5
|
30% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 6
|
30% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 7
|
50% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 8
|
75% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 9
|
85% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 10
|
85% of the deferred assessment will be assessed in addition
to the base assessment.
|
(3)
The agreement will be contingent upon adherence to the above
taxing schedule and the obligations contained within the agreement
itself, including the description of the project itself.
[Added 11-4-2019 by Ord.
No. 14-19]
A. Purpose.
(1)
The developer is seeking to construct a new medical facility
at 440 Saybrook Road, on the campus of Heritage Medical Park in Middletown,
Connecticut.
(2)
The cost of the real estate improvements to be constructed will be approximately $5,000,000, which qualifies the developer for a tax stabilization agreement pursuant to §
272-9 of the Middletown Code of Ordinances.
B. Nonassignment of agreement.
(1)
The benefits and incentives authorized pursuant to this section,
providing the developer with a tax stabilization agreement, inure
only to the developer and/or the current property owner, not to any
successors or assigns thereof without approval of the Common Council,
nor do such benefits inure to an affiliate entity without approval
of the Common Council of any changes to its membership, ownership,
principals, or management personnel.
C. Authorization agreement.
(1)
The Mayor is authorized to effectuate an agreement for a ten-year tax stabilization agreement for real estate taxes, in accordance with §
272-9 of the Middletown Code of Ordinances, for real property improvements located at 440 Saybrook Road, upon review and approval by the Office of the General Counsel as to content and form.
(2)
The tax stabilization agreement approved by this section shall
be as follows:
Year 1
|
5% of the deferred assessment will be assessed in addition to
the base assessment.
|
Year 2
|
5% of the deferred assessment will be assessed in addition to
the base assessment.
|
Year 3
|
10% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 4
|
15% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 5
|
30% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 6
|
30% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 7
|
50% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 8
|
75% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 9
|
85% of the deferred assessment will be assessed in addition
to the base assessment.
|
Year 10
|
85% of the deferred assessment will be assessed in addition
to the base assessment.
|
(3)
The agreement will be contingent upon adherence to the above
taxing schedule and the obligations contained within the agreement
itself, including the description of the project itself.
[Added 11-1-2021 by Ord. No. 20-21; amended12-5-2022 by Ord. No. 10-22]
A. Purpose.
(1)
545 Main Realty, LLC (the "Developer") seeks to rehabilitate
approximately 18,942 square feet of existing buildings at 545 Main
Street, including the addition of a total of eight new residential
units (the "Property").
(2)
The cost of the real estate improvements to be constructed will be approximately $3,867,745, which qualifies the Developer for a tax stabilization agreement pursuant to §
272-9 of the Middletown Code of Ordinances.
B. Nonassignment of agreement.
(1)
The approvals, benefits, and rights conferred by this agreement
inure only to the Developer. The Developer's manager is Jerome R.
Carnegie-Hargreaves. There are no other members and no members will
be removed or added. The Developer will not assign, sell, transfer,
convey, delegate or otherwise dispose of the Property, or any of the
rights and obligations under this agreement in whole or in part, including
by operation of law, change of control, change of membership, or merger,
without the approval of the Common Council of the City of Middletown,
and any attempt to do so will render this agreement null and void
as of the date of such unapproved assignment, sale, transfer, conveyance,
delegation or disposition. The agreement will be void should the Developer
declare bankruptcy or otherwise become insolvent or attempt to discharge
or reduce any debt or if the Property should become subject to foreclosure.
C. Authorization of agreement.
(1)
The Mayor is authorized to effectuate an agreement for ten-year tax stabilization agreement for real estate taxes, in accordance with §
272-9 of the Middletown Code of Ordinances, for the Property, upon review and approval by the Office of the General Counsel as to content and form.
(2)
The tax stabilization agreement approved by this section shall
fix the assessment for the Property according to the following schedule:
Year 1
|
$160,000
|
Year 2
|
$180,000
|
Year 3
|
$200,000
|
Year 4
|
$220,000
|
Year 5
|
$240,000
|
Year 6
|
$260,000
|
Year 7
|
$280,000
|
Year 8
|
$300,000
|
Year 9
|
$320,000
|
Year 10
|
$340,000
|
(3)
The agreement will be contingent upon adherence to the above
taxing schedule and the obligations contained within the agreement
itself, including the description of the project itself.
[Added 3-7-2022 by Ord.
No. 03-22]
A. Purpose.
(1)
Authorization. This section authorizes a real estate assessment fixing agreement pursuant to C.G.S. § 12-65b and §
272-9 (the "Agreement") between the City of Middletown and Newfield Street of Middletown, LLC (the "Developer") to enable the construction of 240 residential units, along with a community clubhouse and amenities (the "Development") on property located on Newfield Street (the "Property").
(2)
Design and construction. The Development Work will be performed
as set forth in Addendum 1 of the Developer's February 1, 2021 Rev
1-19-22 Tax Incentive Application, the Approved Site Plan Phase I,
and in the other materials included in Appendix A to the Agreement
(the "Development Work").
(3)
Amenities. The Development contemplates the use of an electric
vehicle charging station, electric bike cycles, a hydro-dynamic water
quality separator, and other measures incorporated into the project's
design to reduce its carbon fuel footprint. It also contemplates creating
passive recreation for residents, including a walking trail utilizing
high quality materials and complimentary architectural principles
to build a project that will stand the test of time and serve Middletown's
residents for years to come.
B. Period of Development.
(1)
Timing. The Developer must begin the Development Work on or
before three years after the effective date (the "Start Date") and
complete the Development Work on or before 30 months from the Start
Date, although the timelines may be amended based on less-than-expected
leasing activity or other factors outside of the Developer's control
during this period.
(2)
Period of Development. The Development Work will be deemed to
start on the date that the Developer pulls a building permit for the
first building in the Development and end when the Developer receives
a certificate of occupancy for the final unit (the "Period of Development").
(3)
PA 490. Once the Period of Development begins, the Property will cease being treated as farmland under PA 490 and will be assessed pursuant to Subsection
D.
C. Cost of Development Work. The Developer has declared that the minimum
cost (including property acquisition and soft costs) of the Development
Work is approximately $37,321,643.
D. Real estate tax assessments.
(1)
Base Assessment. For purposes of the Agreement only, the City
and the Developer have agreed to establish a new assessed value for
the Property of $580,000 (the "Base Assessment").
(2)
Transition from PA 490. Commencing on the October 1 after the
Period of Development begins, the Property will no longer be treated
as farmland under PA 490 and, until the Period of Development ends,
the Assessor will determine the assessed value and assessments for
the Property in accordance with C.G.S. §§ 12-53a, 12-55
and 12-63.
(3)
Interim Assessment. Commencing on the October 1 after the Period
of Development ends, and for 10 years from that date, the Property
will be assessed at $20,000,000 (the "Interim Assessment").
(4)
Fixed Assessment. The Property will receive a fixed assessment
for 10 years from October 1 after the date the Period of Development
ends for each of them (the "Fixed Assessment"). To determine the Fixed
Assessment over those 10 years, a percentage of the Interim Assessment
will be added to the Base Assessment according to the following chart:
Year
|
Base Assessment
|
Interim Assessment
|
Percentage of Interim Assessment Added to Base Assessment
|
Fixed Assessment
|
---|
1
|
$580,000
|
$20,000,000
|
0%
|
$580,000
|
2
|
$580,000
|
$20,000,000
|
0%
|
$580,000
|
3
|
$580,000
|
$20,000,000
|
0%
|
$580,000
|
4
|
$580,000
|
$20,000,000
|
0%
|
$580,000
|
5
|
$580,000
|
$20,000,000
|
0%
|
$580,000
|
6
|
$580,000
|
$20,000,000
|
5% ($1,000,000)
|
$1,580,000
|
7
|
$580,000
|
$20,000,000
|
5% ($1,000,000)
|
$1,580,000
|
8
|
$580,000
|
$20,000,000
|
10% ($2,000,000)
|
$2,580,000
|
9
|
$580,000
|
$20,000,000
|
15% ($3,000,000)
|
$3,580,000
|
10
|
$580,000
|
$20,000,000
|
20% ($4,000,000)
|
$4,580,000
|
E. Authorization. The Mayor is authorized to effectuate the Agreement, in accordance with C.G.S. § 12-65b and §
272-9, upon review and approval by the Office of the General Counsel as to content and form.
[Added 3-7-2022 by Ord.
No. 04-22]
A. Purpose.
(1)
Authorization. This section authorizes a real estate assessment fixing agreement pursuant to C.G.S. § 12-65b and §
272-9 (the "Agreement") between the City of Middletown and Newfield Street of Middletown, LLC (the "Developer") to enable the construction of 174 residential units, along with a community clubhouse and amenities (the "Development") on property located on Newfield Street (the "Property").
(2)
Design and construction. The Development Work will be performed
as set forth in Addendum 1 of the Developer's February 1, 2021 Rev
1-19-22 Tax Incentive Application, the Approved Site Plan Phase II,
and in the other materials included in Appendix A to the Agreement
(the "Development Work").
(3)
Amenities. The Development contemplates the use of an electric
vehicle charging station, electric bike cycles, a hydro-dynamic water
quality separator, and other measures incorporated into the project's
design to reduce its carbon fuel footprint. It also contemplates creating
passive recreation for residents, including a walking trail utilizing
high-quality materials and complimentary architectural principles
to build a project that will stand the test of time and serve Middletown's
residents for years to come.
B. Period of Development.
(1)
Timing. The Developer must begin the Development Work on or
before six years after the effective date (the "Start Date") and complete
the Development Work on or before 30 months from the Start Date, although
the timelines may be amended based on less-than-expected leasing activity
or other factors outside of the Developer's control during this period.
(2)
Period of Development. The Development Work will be deemed to
start on the date that the Developer pulls a building permit for the
first building in the Development and end when the Developer receives
a certificate of occupancy for the final unit (the "Period of Development").
(3)
PA 490. Once the Period of Development begins, the Property will cease being treated as farmland under PA 490 and will be assessed pursuant to Subsection
D.
C. Cost of Development Work. The Developer has declared that the minimum
cost (including property acquisition and soft costs) of the Development
Work is approximately $27,058,191.
D. Real estate tax assessments.
(1)
Base Assessment. For purposes of the Agreement only, the City
and the Developer have agreed to establish a new assessed value for
the Property of $420,000 (the "Base Assessment").
(2)
Transition from PA 490. Commencing on the October 1 after the
Period of Development begins, the Property will no longer be treated
as farmland under PA 490 and, until the Period of Development ends,
the Assessor will determine the assessed value and assessments for
the Property in accordance with C.G.S. §§ 12-53a, 12-55
and 12-63.
(3)
Interim Assessment. Commencing on the October 1 after the Period
of Development ends, and for 10 years from that date, the Property
will be assessed at $14,500,000 (the "Interim Assessment").
(4)
Fixed Assessment. The Property will receive a fixed assessment
for 10 years from the October 1 after the date the Period of Development
ends for each of them (the "Fixed Assessment"). To determine the Fixed
Assessment over those 10 years, a percentage of the Interim Assessment
will be added to the Base Assessment according to the following chart:
Year
|
Base Assessment
|
Interim Assessment
|
Percentage of Interim Assessment Added to Base Assessment
|
Fixed Assessment
|
---|
1
|
$420,000
|
$14,500,000
|
0%
|
$420,000
|
2
|
$420,000
|
$14,500,000
|
0%
|
$420,000
|
3
|
$420,000
|
$14,500,000
|
0%
|
$420,000
|
4
|
$420,000
|
$14,500,000
|
0%
|
$420,000
|
5
|
$420,000
|
$14,500,000
|
0%
|
$420,000
|
6
|
$420,000
|
$14,500,000
|
5% ($1,000,000)
|
$1,420,000
|
7
|
$420,000
|
$14,500,000
|
5% ($1,000,000)
|
$1,420,000
|
8
|
$420,000
|
$14,500,000
|
10% ($2,000,000)
|
$2,420,000
|
9
|
$420,000
|
$14,500,000
|
15% ($3,000,000)
|
$3,420,000
|
10
|
$420,000
|
$14,500,000
|
20% ($4,000,000)
|
$4,420,000
|
E. Authorization. The Mayor is authorized to effectuate the Agreement, in accordance with C.G.S. § 12-65b and §
272-9, upon review and approval by the Office of the General Counsel as to content and form.
[Added 9-5-2023 by Ord. No. 10-23]
A. Purpose.
(1)
Authorization. This section authorizes a real estate assessment fixing agreement pursuant to C.G.S. § 12-65b and §
272-9 (the "Agreement") between the City of Middletown and Newfield Residential, LLC (the "Developer") to enable the construction of a maximum of 72 residential units (the "Development") on property located on Newfield Street (the "Property").
(2)
Design and construction. The Development Work will be performed
as set forth in Appendix A to the Agreement (the "Development Work").
(3)
Amenities. The Development contemplates the use of an electric
vehicle charging station, electric bike cycles, a hydrodynamic water
quality separator, and other measures incorporated into the project's
design to reduce its carbon fuel footprint. It also contemplates creating
passive recreation for residents, including a walking trail utilizing
high-quality materials and complimentary architectural principles
to build a project that will stand the test of time and serve Middletown's
residents for years to come.
B. Period of Development.
(1)
Timing. The Developer must begin the Development Work on or
before six years after the effective date (the "Start Date") and complete
the Development Work on or before 30 months from the Start Date, although
the timelines may be amended based on less-than-expected leasing activity
or other factors outside of the Developer's control during this
period.
(2)
Period of Development. The Development Work will be deemed to
start on the date that the Developer pulls a building permit for the
first building in the Development and end when the Developer receives
a certificate of occupancy for the final unit (the "Period of Development").
(3)
PA 490. Once the Period of Development begins, the Property will cease being treated as farmland under PA 490 and will be assessed pursuant to Subsection
D.
C. Cost of Development Work. The Developer has declared that the minimum
cost (including property acquisition and soft costs) of the Development
Work is approximately $16,000,000.
D. Real Estate Tax Assessments.
(1)
Base Assessments. For purposes of the Agreement only, the City
and the Developer have agreed to establish a new assessed value for
the Property of $173,880 (the "Base Assessment").
(2)
Transition from PA 490. Commencing on the October 1 after the
Period of Development begins, the Property will no longer be treated
as farmland under PA 490 and, until the Period of Development ends,
the Assessor will determine the assessed value and assessments for
the Property in accordance with C.G.S. §§ 12-53a, 12-55
and 12-63.
(3)
Interim Assessment. Commencing on the October 1 after the Period
of Development ends, and for 10 years from that date, the Property
will be assessed at $6,000,000 (the "Interim Assessment").
(4)
Fixed Assessment. The Property will receive a fixed assessment
for 10 years from the October 1 after the date the Period of Development
ends for each of them (the "Fixed Assessment"). To determine the Fixed
Assessment over those 10 years, a percentage of the Interim Assessment
will be added to the Base Assessment according to the following chart:
Year
|
Base Assessment
|
Interim Assessment
|
Percentage of Interim Assessment Added to Base Assessment
|
Fixed Assessment
|
---|
1
|
$173,880
|
$6,000,000
|
0%
|
$173,880
|
2
|
$173,880
|
$6,000,000
|
0%
|
$173,880
|
3
|
$173,880
|
$6,000,000
|
0%
|
$173,880
|
4
|
$173,880
|
$6,000,000
|
0%
|
$173,880
|
5
|
$173,880
|
$6,000,000
|
0%
|
$173,880
|
6
|
$173,880
|
$6,000,000
|
5% ($300,000)
|
$473,880
|
7
|
$173,880
|
$6,000,000
|
5% ($300,000)
|
$473,880
|
8
|
$173,880
|
$6,000,000
|
10% ($600,000)
|
$773,880
|
9
|
$173,880
|
$6,000,000
|
15% ($900,000)
|
$1,073,880
|
10
|
$173,880
|
$6,000,000
|
20% ($1,200,000)
|
$1,373,880
|
E. Authorization. The Mayor is authorized to effectuate the Agreement, in accordance with C.G.S. § 12-65b and §
272-9, upon review and approval by the Office of the General Counsel as to content and form.
[Added 9-7-1982; amended 6-2-1997; 9-2-2003]
A. Pursuant to the authority of Connecticut General Statutes § 12-81f,
as amended, any veteran entitled to an exemption from property tax
in accordance with Subdivision (19) of C.G.S. § 12-81 shall
be entitled to an additional exemption from such tax in the amount
of $10,000, provided such veteran's qualifying income shall not be
less than the applicable maximum amount under § 12-81, as
revised annually by the State Office of Policy and Management a copy
of which is on file in the office of the Tax Assessor.
[Amended 9-4-2018 by Ord.
No. 11-18]
B. Any such veteran submitting claim for such additional
exemption shall be required to file an application on a form prepared
for such purpose by the Assessor not later than the assessment date
with respect to which such additional exemption is claimed. Each such
application shall include a copy of such veteran's federal income
tax return or, in the event such a return is not filed, such evidence
related to income as may be required by the Assessor for the tax year
of such veteran ending immediately prior to the assessment date with
respect to which such additional exemption is claimed.
C. This section shall be applicable with respect to the
assessment year commencing October 1, 2003, and each assessment year
thereafter.
[Added 8-5-1985; amended 6-2-1997]
A. Any person entitled to the exemption from property
tax applicable to the assessed value of property up to the amount
of $3,000, as provided under Subsection (17) of C.G.S. § 12-81,
shall be entitled to an additional exemption from such tax in an amount
up to $2,000 of such assessed value, provided the total of such person's
adjusted gross income as determined for purposes of the federal income
tax plus any other income of such person not included in such adjusted
gross income individually, if unmarried, or jointly, if married, in
the calendar year ending immediately preceding the assessment date
with respect to which such additional exemption is allowed is not
more than the amounts which the State Office of Policy and Management
sets out as the maximum and minimum income levels each fiscal year,
a copy of which is on file in the office of the Tax Assessor.
B. Any person submitting a claim for the additional exemption as provided under Subsection
A of this section shall be required to file an application, on a form prepared for such purpose by the Assessor, not later than the date of the assessment list with respect to which such additional exemption is claimed. Each such application shall include a copy of such person's federal income tax return or, in the event a return is not filed, such evidence related to income as may be required by the Assessor for the tax year of such person ending immediately prior to the approval of a claim for such additional exemption.
C. This section shall be applicable to the assessment
year commencing October 1, 1985, and each assessment year thereafter.
[Added 8-5-1985; amended 6-2-1997]
A. Any person entitled to the exemption from property
tax applicable to the assessed value of property up to the amount
of $1,000, as provided under Subsection (55) of C.G.S. § 12-81,
shall be entitled to an additional exemption from such tax in an amount
up to $1,000 of such assessed value, provided the total of such person's
adjusted gross income as determined for purposes of the federal income
tax plus any other income of such person not included in such adjusted
gross income individually, if unmarried, or jointly, if married, in
the calendar year ending immediately preceding the assessment date
with respect to which such additional exemption is allowed is not
more than the amounts which the State Office of Policy and Management
sets out as the maximum and minimum income levels each fiscal year,
a copy of which is on file in the office of the Tax Assessor.
B. Any person submitting a claim for the additional exemption as provided under Subsection
A of this section shall be required to file an application, on a form prepared for such purpose by the Assessor, not later than the date of the assessment list with respect to which such additional exemption is claimed. Each such application shall include a copy of such person's federal income tax return or, in the event a return is not filed, such evidence related to income as may be required by the Assessor for the tax year of such person ending immediately prior to the approval of a claim for such additional exemption.
C. This section shall be applicable to the assessment
year commencing October 1, 1985, and each assessment year thereafter.
[Added 10-2-2017 by Ord.
No. 15-17]
A. Eligibility for exemption.
(1)
Pursuant to the authority of P.A. 17-65, as of October 1, 2017,
property that is owned by a parent whose child was killed in action,
and/or by the surviving spouse of a person who was killed in action,
while performing active military duty with the Armed Forces, as such
term is defined in Subsection (a) of Section 27-103 of the Connecticut
General Statutes, as amended, shall be eligible to receive an exemption
from property tax as of the October 1 following the application and
verification of such tax-exempt status of parent and/or surviving
spouse by the City, if the following conditions are met:
(a)
Residency. At the time the application is made, and at all times
during which the parent or surviving spouse is receiving an exemption
pursuant to this section, the parent or surviving spouse shall be
a resident of the City of Middletown.
(b)
Qualifying income. The parent's or surviving spouse's total
adjusted gross income, as determined for purposes of the federal income
tax, plus any other income not included in such adjusted gross income,
shall not exceed the sum of the maximum qualifying income for individuals
if unmarried, or jointly with spouse if married, as set forth in Section
12-81l of the Connecticut General Statutes, as amended, plus $25,000.
(c)
Surviving spouses. The surviving spouse must have been legally
married to the person who was killed in action, in full accordance
with Title 46b, Chapter 815E, of the Connecticut General Statutes,
as amended, at the time of such person's death.
(d)
Parents. If both parents of any such child killed in action
while performing active military duty with the Armed Forces are domiciled
together, only one such parent shall be entitled to the exemption
from property tax provided for under this section. If both parents
of any such child killed in action while performing active military
service with the Armed Forces are not domiciled together, both parents
shall be eligible to receive the exemption provided for under this
section.
B. Amount of exemption; certified list.
(1)
The exemption of property shall be the greater of either $20,000,
or 10% of the assessed value of the property owned by the surviving
spouse or the parent(s) of a child who was killed in action.
(2)
The exemption provided for under this section shall be in addition
to any exemption to which an eligible parent or surviving spouse may
be entitled under Section 12-81 of the Connecticut General Statutes,
as amended. No such eligible parent(s) or surviving spouse entitled
to exemption under Section 12-81f or 12-81g of the Connecticut General
Statutes and this section shall receive more than one such exemption.
(3)
The Assessor shall annually make a certified list of all such
parents or surviving spouses who are found to be entitled to an exemption,
which list shall be filed in the office of the City and Town Clerk
of the City of Middletown.
C. Application procedure and requirements.
(1)
Any parent whose child was killed in action or the surviving spouse of a person who was killed in action (the "applicant") submitting a claim for an exemption of property tax under this section shall submit an application, on a form prepared by the Assessor, to the Assessor's office not later than October 1 (the "application"). The application shall include a copy of the two recorded affidavits described in Subsection
C(3) of this section, and the applicant's federal income tax return, or in the event such a return is not filed, such evidence related to income, as may be required by the Assessor, for the entire calendar year ending immediately prior to the October 1 in which the application for exemption is made.
(2)
The applicant shall also file with the Office of the City and
Town Clerk at least two affidavits, in such form as approved by the
Assessor, of two (2) different disinterested persons stating the following:
(a)
The deceased child or spouse was killed in action while performing
active duty with the Armed Forces, as defined in Section 27-103(a)
of the Connecticut General Statutes; and
(b)
That the applicant is the parent or surviving spouse of the
person who was killed in action.
(3)
The affidavits shall be recorded in full in the office of the
City and Town Clerk of the City of Middletown, free of charge, and
such recording shall list the name of such parent or surviving spouse
claiming the exemption. No exemption shall be granted unless the affidavits
have been recorded in the office of the City and Town Clerk of the
City of Middletown and until the application has been deemed complete
by the Assessor's office.
D. Renewal and termination of exemption, penalties.
(1)
The applicant shall be required to reapply for this exemption
on a biennial basis. The failure of the applicant to reapply for this
exemption on a biennial basis shall result in the termination of the
applicant's exemption.
(2)
When an exemption has been granted, the applicant shall, in
the assessment year immediately following the date of approval, be
presumed qualified for such exemption.
(3)
On a biennial basis, during the year immediately following the approval of an applicant's exemption, the Assessor may, by August 1, notify each parent or surviving spouse presumed to be qualified for such exemption in writing, and if any applicant has income in excess of the maximum allowed under Subsection
A(1)(b) of this section, such applicant shall notify the Assessor on or before the next October 1 and shall be denied the exemption for the assessment year immediately following and for any subsequent year until such applicant has reapplied and again qualified for such exemption. The failure of the Assessor's office to send such notice by August 1 shall waive the requirements of this subsection for that assessment year, and the applicants presumed to be qualified for the exemption shall continue to receive an exemption for such assessment year.
(4)
Any notice under this section shall be deemed effective if it
was mailed by regular mail to the applicant's last known address on
file with the Tax Collector's office.
(5)
If at any time it is determined that the applicant has obtained
the exemption set forth in this section improperly, or was based on
any misrepresentation or fraud, then upon discovery of such fact by
the Assessor's office, the exemption shall be terminated immediately
and the applicant shall make payment to the City of Middletown in
the full amount of the property tax loss related to such exemption
improperly taken within 30 days of such written demand from the City
of Middletown.
[Added 4-5-2021 by Ord. No. 03-21]
A. Introduction. The City of Middletown wishes to preserve our historical
and culturally significant buildings within the City's boundaries.
In order to help facilitate the rehabilitation of our historic and
culturally significant structures, the City may abate taxes on property
deemed to be an "historic property," as defined herein, that incentivizes
property owners and developers to reinvest in the historic fabric
of our community.
B. Definitions. As used in this section, the following terms shall have
the meaning indicated:
HISTORIC PROPERTY
Any real estate situated in an historical district designated
pursuant to C.G.S. § 7-147b as a contributing property to
the historical district or real estate listed on the National Register
of Historic Places, State Register of Historic Places, or designated
as a property of local significance by the City and in consultation
with the Greater Middletown Preservation Trust and the Middlesex County
Historical Society as needed. The City shall work with the Greater
Middletown Preservation Trust and the Middlesex County Historical
Society to maintain a list of historic structures and sites within
the City.
OWNER
Any person or entity owning or proposing to acquire an interest
in real property in the City of Middletown, which property is classified
as an historic property, as such term is defined herein.
PROJECT
The proposed rehabilitation of historic property, as such
term is defined herein.
C. Adoption of statute. The City of Middletown adopts this section pursuant
to the provisions contained in C.G.S. § 12-127a, as amended.
D. Applicability. Any project for which an abatement of real property
taxes on an historic property is sought pursuant to this section must
meet the following requirements:
(1)
The property must be an historic property.
(2)
The owner must demonstrate to the satisfaction of the City,
in its sole and absolute discretion, that the taxes imposed on such
historic property are a material factor threatening the continued
existence of the historic property, necessitating either its demolition
or remodeling in a manner which destroys its historical or architectural
value if an abatement is not given.
(3)
A minimum of $15,000 in qualified rehabilitation expenditures
must be incurred to qualify. Qualified rehabilitation expenditures
are hard costs associated with the structural rehabilitation of the
historic property itself; site improvements and non-construction costs
are excluded.
(4)
The majority of the structural rehabilitation project must include
work that preserves the historic building fabric and/or character-defining
features of the historic property.
(5)
Property owner shall demonstrate compliance with the United
States Secretary of Interior's Standards for Rehabilitation when developing
a rehabilitation plan for an historic property.
(6)
The owner, or any members, associates, or individuals that are
a member or officer of the entity with which the owner is associated,
and any other entity with which the owner may be associated shall
not be delinquent in the payment of any taxes, charges, or assessments
to the City of Middletown.
E. Abatement program. Real estate taxes on an historic property may
be abated, in whole or in part, for a period of up to 10 years. Any
tax abatement agreement entered into pursuant to this section will
run with the land on the historic property, and can be assigned, with
the written consent of the City of Middletown, to a subsequent owner
of the same historic property.
F. Tax abatement agreements.
(1)
Approval process.
(a)
To apply for an abatement of taxes in accordance with this section,
the owner shall submit an application, on a form prescribed by the
City of Middletown, to the Mayor's Office and the Development Office
concurrently.
(b)
Once the application has been deemed satisfactorily completed
by the Development Office and the Mayor's Office, such application
shall then be referred to the Design Review Preservation Board (DRPB)
for its review of the proposed rehabilitation of the historic property.
Upon favorable review by the DRPB, the application shall then be forwarded
to the Economic Development Committee.
(c)
The Economic Development Committee shall review the application
to determine whether such application conforms to and complies with
the provisions of this section and all other applicable statutes and
regulations. Each application shall be reviewed on a case-by-case
basis. If the application receives a favorable recommendation from
the Economic Development Committee, the Economic Development Committee
shall report its favorable recommendation to the Common Council, who
shall then act upon the application.
(d)
All applications for the abatement of taxes pursuant to this
section that receive a favorable recommendation from the Economic
Development Committee shall go to the Common Council for its review.
The Common Council shall only act upon the application by ordinance;
said ordinance shall include the fixed period of time, and percentage
of abatement of taxes for each year. If the Common Council approves
the application, the Mayor shall execute a tax abatement agreement
with the owner, pursuant to the details as outlined in the ordinance
approved by the Common Council.
(2)
Required provisions. All agreements for the abatement of taxes
entered into pursuant to this section shall contain the following
provisions:
(a)
If the structure on the historic property is demolished or remodeled
in a way which destroys its architectural or historical value, as
determined by the City in its sole and absolute discretion, the City
may terminate the tax abatement agreement immediately, and all taxes
that would have been owed to the City during the pendency of the tax
abatement agreement, including accrued interest, otherwise due to
the City of Middletown shall become immediately due and payable.
(b)
In the event the owner, or any members, associates, or individuals
that are a member or officer of the entity with which the owner is
associated, and any other entity with which the owner may be associated
is delinquent in any and all taxes, charges, or assessments due to
the City of Middletown at any point during the duration of the tax
abatement agreement, the City may terminate the tax abatement agreement
immediately, and all taxes that would have been owed to the City during
the pendency of the tax abatement agreement, including accrued interest
otherwise due to the City of Middletown, shall become immediately
due and payable.
(c)
If the tax abatement is assigned in accordance with this article
and by consent of the City of Middletown, failure or inability of
a new owner to comply with any of the conditions of this section shall
result in immediate termination of the tax abatement agreement and
all taxes that would have been owed to the City during the pendency
of the tax abatement agreement, including accrued interest, otherwise
due to the City of Middletown shall become immediately due and payable.
(d)
In the event that construction is not commenced or completed,
as the case may be, within the time period prescribed in the agreement,
including any extensions provided for in the agreement, then any agreement
entered into pursuant to this section may be immediately terminated
and all taxes that would have been owed to the City during the pendency
of the tax abatement agreement, including accrued interest, otherwise
due to the City of Middletown shall become immediately due and payable.
[Added 1-3-2022 by Ord. No. 01-22]
A. Purpose.
(1)
The William Southmayd House at 73 Main Street (the "property")
was built circa 1747 and is listed on the Connecticut Register of
Historic Places and the National Register of Historic Places.
(2)
73 Main Street, LLC (the "company"), whose sole and managing
member is April Brodeur ("Brodeur"), acquired the property for $250,000
in 2019.
(3)
The company and Brodeur are collectively referred to as the
"developer."
(4)
The property is in disrepair and rehabilitation that will properly
preserve its historic character will cost approximately $110,000 (the
"rehabilitation work").
(5)
Because of the property's importance to the City of Middletown's
history and character, and in order to undertake the rehabilitation
work in a cost-feasible manner, the City is abating real estate taxes
on the property pursuant to the authority granted to it under C.G.S.
§ 12-127a.
B. Tax abatement.
(1)
The City hereby abates $8,223 in real estate taxes on the property
each year over a ten-year period. The total amount of taxes abated
will not exceed $82,230.
(2)
This amount of $8,223 represents a 70% abatement on the property's
current City and Fire District taxes for the 2021 tax year. The developer
is still responsible for any other assessments and fees, including
the Downtown Business District and Sanitation District.
C. Nonassignment of agreement.
(1)
The approvals, benefits, and rights conferred by this agreement
inure only to the developer. The developer's sole and managing member
is Brodeur. There are no other members and no members will be removed
or added. The developer will not assign, sell, transfer, convey, delegate
or otherwise dispose of the property, or any of the rights and obligations
under this agreement in whole or in part, including by operation of
law, change of control, change of membership, or merger, without the
approval of the Common Council of the City of Middletown, and any
attempt to do so will render this agreement null and void as of the
date of such unapproved assignment, sale, transfer, conveyance, delegation
or disposition. The agreement will be void should the developer declare
bankruptcy or otherwise become insolvent or attempt to discharge or
reduce any debt or if the property should become subject to foreclosure.
D. Authorization of agreement. The Mayor is authorized to effectuate an agreement for ten-year historical rehabilitation tax abatement agreement for real estate taxes, in accordance with §
272-16.2 of the Middletown Code of Ordinances, for the property, upon review and approval by the Office of the General Counsel as to content and form.
[Added 11-7-2022 by Ord. No. 09-22]
A. Purpose.
(1) The Dr. Abijah Moore House at 135 High Street was built sometime
around 1750 and is listed on the Connecticut Register of Historic
Places (the “Property”).
(2) James Fowler and Erika Franklin Fowler (the “Developers”)
acquired the property for $90,000 in 2022.
(3) The Property is in disrepair, and rehabilitation that will properly
preserve its historic character will cost approximately $489,829 (the
“Rehabilitation Work”).
(4) Because of the Property’s importance to the City of Middletown’s
history and character, and in order to undertake the rehabilitation
work in a cost-feasible manner, the City is abating real estate taxes
on the Property pursuant to the authority granted to it under C.G.S.
§ 12-127a.
B. Tax
abatement.
(1) The City hereby abates 100% of the real estate taxes on the Property
each year over a ten-year period.
(2) The abatement applies to both City and City Fire District taxes starting
on the 2023 tax year.
(3) The Developer is still responsible for any other assessments and
fees, including any special assessment districts.
C. Authorization of agreement. The Mayor is authorized to effectuate an agreement for a ten-year historical rehabilitation tax abatement agreement for real estate taxes, in accordance with §
272-16.2 of the Middletown Code of Ordinances, for the Property, upon review and approval by the Office of General Counsel as to content and form.