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FY2022-12 Amending 3.35.030 Required Tax Property ExemptionsL 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 Introduced by: Assessing Department thru the Mayor Drafted by: Assessing Director Introduced on: 03/03/2022 Public Hearing Date:03/17/2022 Adopted on:03/17/2022 KODIAK ISLAND BOROUGH ORDINANCE NO. FY2022-12 AN ORDINANCE OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH AMENDING KODIAK ISLAND BOROUGH CODE SECTION 3.35.030(A)(3) REGARDING REQUIRED TAX PROPERTY EXEMPTIONS WHEREAS, The current language in Kodiak Island Borough Code 3.35.030(A)(3) includes provisions which do not reflect the most recent amendments to the required exemptions in AS 29.45.030, specifically it does not include language revisions in AS 29.45.030(b) (defining property used exclusively for religious purposes) and AS 29.45.030(c) (addressing otherwise exempt property from which income is derived); and WHEREAS, The Assembly desires to bring the incorporate the amendments to AS 29.45.030(b) and AS 29.45.030(c) into KIBC 3.35.030(A)(3). NOW, THEREFORE, BE IT ORDAINED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH that: Section 1: This ordinance is of a general and permanent nature and shall become a part of the Kodiak Island Borough Code of Ordinances. Section 2: That section 3.35.030(A)(3) of the Kodiak Island Borough Code of Ordinances is amended to read as follows: 3.35.030 Real and personal property exempted from taxation. A. The following described properties shall be exempt from any and all taxation otherwise imposed under the foregoing sections: 3. All property used exclusively for nonprofit religious, charitable, cemetery, hospital, or educational purposes is exempt from taxation for the calendar year in which application is timely filed if the assessor determines that the application demonstrates the property qualifies for exemption as provided by AS 29.49.030. Property used exclusively for religious purposes means that property described in AS 29.45.030(b). Property described in this section from which income is derived is exempt only if that income is solely from the use of the property by nonprofit religious, charitable, hospital, or educational groups. If used by nonprofit educational groups, the property is exempt only if used exclusively for Kodiak Island Borough, Alaska Beleti R Redd StTikeewt Insertion - Blue, Bold, Underlined Ordinance No. FY2022-12 Page 1 of 3 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 classroom space. ' exe+ptUnimproved or vacant real property of any such organization which is not currently used for religious, hospital, educational, cemetery, or charitable purposes shall be deemed to be property held or used for profit, unless by deed restriction or otherwise the real property has been effectually dedicated to future use for religious, educational, or charitable purposes only and cannot be sold or used for any other purposes. Any vacant land which initially qualifies for an exemption under this section, and for which an application is filed, but is not placed in use within two years of January 1st of the first tax year, shall be subject to taxation in each tax year, retroactive to the first tax year for which the exemption was granted. a. To qualify for an exemption under subsection (A)(3) of this section, the applicant organization shall provide the following information to the assessor or designee to support a determination of exempt status: i. The articles of incorporation. ii. Documentation to support the organization's not-for-profit status (e.g., IRS Section 501(c)(3) determination letter, or equivalent). iii. A description of the property's use, demonstrating its consistency with the requested exemption. iv. Contracts of any type that describe or memorialize the use of the property by a person or entity(� other than the applicant organization. I i v. A description of any remuneration received by the applicant organization including: (A) Any property, or portion of property, from which rentals or income are derived. (B) Actual operating expenses, excluding debt service or depreciation. (C) Where property is leased by the organization to other entities, financial statements for the past tax year, including income and expense reports, and a description of any debt service or depreciation reported in the financial statements for the property. vi. For property used for an educational purpose, a description of course curriculum and classroom space. vii. For property used as a religious residence, a description of the resident's ordination, commission, or license (according to the standards of the religious organization), and proof of the resident's employment by the religious organization as its spiritual leader. b. The borough assessor may request additional information prior to making a determination, as reasonably necessary, to determine the exempt status of a property in accordance with borough code and regulations and state law. Kodiak Island Borough, Alaska Ordinance No. FY2022-12 Delet*en [led Strokeo t Page 2 of 3 Insertion - Blue. Bold. Underlined 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 4. Any vacant land which initially qualifies for an exemption under this section, but which is not placed in use within two years from January 1st of the first tax year, for which an application is filed, shall be subject to taxation in each tax year, retroactive to the first tax year for which the exemption was granted. a. No single organization shall receive more than two exempt vacant parcels, and the exemption for any one parcel shall not exceed the average assessed value of a single, similarly zoned property, as determined by the assessor on an annual basis. Effective Date: This ordinance takes effect at midnight on the day of adoption of this ordinance. ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS SEVENTEETH DAY OF MARCH, 2022. KODIAK ISLAND BOROUGH ATTEST: illiam Robe s, Mayor Lina Cruz, Acting orough Clerk VOTES: Ayes: Griffin, Smiley, Williams, and Arndt Noes: Kodiak Island Borough, Alaska Deleti R Red, StTikeeut Insertion - Blue, Bold, Underlined Ordinance No. FY2022-12 Page 3of3