This incentive applies to eligible rehabilitated historic property for 15 years equal to the fair market value of the property at the time of preliminary certification. All eligibility is subject to review and approval by the community appearance board. To access the ordinance section for this incentive, click here.Incentive(s) available:
- Special Tax Assessment
- Capital recovery fees. The city will waive all utility capital recovery fees for rehabilitated property that may ordinarily be due and payable as a result of a change in use of the property.
- Building permit fee. The owner or contractor responsible for the rehabilitation of a property will be required to obtain a permit for the construction activity. No permit fee will be charged or collected by the city. The city building official will retain authority to review the plans and make regular inspections during construction.