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File #: 20-0680    Version: 1
Type: Resolution Status: Adopted
File created: 7/2/2020 In control: Finance & Governance Committee
On agenda: 7/27/2020 Final action: 7/27/2020
Title: A resolution approving the temporary waiver of the accrual of interest for delinquent payment of property taxes. Approves waiving the full interest associated with the late payment of property taxes beginning July 1 through October 1, 2020, as authorized through HB20-1421. The Committee approved filing this item at its meeting on 7-14-20.
Indexes: Zach Rothmier
Attachments: 1. RR20 0680 DOF Property Tax Interest Waiver, 2. RR20 0680 DOF Property Tax Interest Waiver Draft Resolution, 3. 20-0680 Filed Resolution_WaiverAccrualInterestDelinquentPaymentPropertyTaxes_07222020_Final_CTS, 4. 20-0680 Filed Resolution_WaiverAccrualInterestDelinquentPaymentPropertyTaxes, 5. 20-0680 - signed

Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

 

Date Submitted: 7-2-20

 

Requesting Agency: Finance

                               Division:

 

Subject Matter Expert Name:

Name:    Kiki Turner 

Email:    Kiki.Turner@denvergov.org

 

Item Title & Description:

(Do not delete the following instructions)

These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).

 

Both the title and description must be entered between the red “title” and “body” below.  Do not at any time delete the red “title” or “body” markers from this template.

title

A resolution approving the temporary waiver of the accrual of interest for delinquent payment of property taxes.

Approves waiving the full interest associated with the late payment of property taxes beginning July 1 through October 1, 2020, as authorized through HB20-1421. The Committee approved filing this item at its meeting on 7-14-20.

body

 

Affected Council District(s) or citywide? Citywide

 

Executive Summary with Rationale and Impact:

Detailed description of the item and why we are doing it. This can be a separate attachment.

On June 14, Colorado Governor Jared Polis signed House Bill 20-1421, allowing counties to continue to provide property tax relief by reducing, waiving, or suspending interest associated with the late payment of property taxes. The proposed resolution would provide relief to property owners by taking full advantage of the bill. The resolution would authorize a full interest waiver associated with the late payment of property taxes beginning July 1 through Oct. 1, 2020.

Address/Location (if applicable):

 

Legal Description (if applicable):

 

Denver Revised Municipal Code (D.R.M.C.) Citation (if applicable):

 

Draft Bill Attached?