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Action to abate property taxes in the amount of $1,078.43 for Parcel #40385-00200-005-05, also known as 125 Jefferson Avenue. Legal description: South 70 of Lot 5, Block 2, Morningside Addition.
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Summary and Recommended Action:
The County Assessor recommends approval to abate a portion of the property taxes in the amount of $1,078.43 for 125 Jefferson Avenue. Legal description: South 70 of Lot 5, Block 2, Morningside Addition. Parcel #40385-00200-005-05. The applicant qualifies for the Assessment Freeze for the Elderly and Disabled, but missed the deadlines as prescribed in SDCL 10-6A-4.
Fiscal Impact:
The property tax revenue will be reduced by $1,078.43.
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Attachments:
Abatement Application
Location Map