Austin |
Code of Ordinances |
Title 11. TAXATION. |
Chapter 11-1. AD VALOREM TAX. |
Article 2. PARTIAL EXEMPTION FOR HISTORIC LANDMARKS. |
§ 11-1-26. APPROVAL OF PARTIAL EXEMPTION BY COUNCIL.
Latest version.
Concurrent with the annual tax levy, the city council may, by ordinance, annually approve partial exemptions from ad valorem taxes under this article for property designated as a historically or archaeologically significant site in need of tax relief to encourage its preservation.
Source: 1992 Code Section 5-5-20; Ord. 031204-10; Ord. 031211-11; Ord. 20110804-009.