Form 50-776 - Application For Nonprofit Community Business Organization Providing Economic Development Services To Local Community Property Tax Exemption Page 3

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A ppl ic at ion for Nonprof it C om mu n it y Bu si ne s s Or g a n i z at ion Prov id i n g E c onom ic
P r o p e r t y T a x
D e ve lopment S er v ic e s to L o c a l C om mu n it y Prop er t y Ta x E xempt ion
Form 50-776
Schedule A: Description of Real Property
• Complete Schedule A for EACH parcel qualified for exemption.
• Attach all completed schedules to your application for exemption.
____________________________________________________________________________________________________
Organization’s Name
____________________________________________________________________________________________________
Legal Description of Property
_______________________________________________________________________
___________________________
Legal Description of Property (continued)
Appraisal District Account Number (if known)
____________________________________________________________________________________________________
Describe the Primary Use of this Property
____________________________________________________________________________________________________
Describe the Primary Use of this Property (continued)
Is the property currently under active construction or physical preparation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
___________________________________________
If under construction, when will construction be completed? (date)
If under physical preparation, check which activity the organization has done.
(Check all that apply.)
Architectural work
Land clearing activities
Engineering work
Site improvement work
Soil testing
Environmental or land use study
Is the incomplete improvement designed and intended to be used exclusively by the qualified organization? . . . . . . . . . . . . . . . . . . . . .
Yes
No
Is the land on which the incomplete improvement is located reasonably necessary for the use of the improvement in the
operations of your organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
List all other individuals and organizations that used this property in the past year, and give the requested information for each.
Name
Dates Used
Activity
Rent Paid (if any)
Continue on additional sheets as needed.
For more information, visit our website:
50-776 • 02-12/8 • Page 3

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