Austin |
Code of Ordinances |
Title 11. TAXATION. |
Chapter 11-1. AD VALOREM TAX. |
Article 3. HISTORIC AREA DISTRICT TAX ABATEMENT PROGRAMS. |
Division 2. Abatement Process. |
§ 11-1-61. APPLICATION FOR ABATEMENT.
(A)
An applicant must file an application for an abatement with the director.
(B)
An application must be signed by the owner of the property, be acknowledged before a notary public, and include:
(1)
the legal description of the property;
(2)
construction plans for the proposed work showing how the exterior and interior of the property is to be restored, including descriptions of the materials;
(3)
proof that the property is a contributing structure or a potentially contributing structure;
(4)
proof of compliance with the historic area (HD) combining district preservation plan;
(5)
estimates of the costs for the restoration of the exterior and interior of the property;
(6)
a proforma and a development budget, if an estimated abatement is over $100,000;
(7)
a projection of the construction time and completion date;
(8)
a complete application for a certificate of appropriateness, if required;
(9)
the proposed use of the property;
(10)
a draft commitment to repay on a form provided by the City;
(11)
an authorization for inspection of the property by members of the Landmark Commission and City staff;
(12)
the duration of any previous property tax relief granted to any portion of the property under to this article or any other ordinance adopted in accordance with Section 11.24 ( Historic Sites ) of the Texas Tax Code;
(13)
proof, including a tax certificate, that no property taxes or City fees, fines, or penalties are delinquent on the property;
(14)
an affidavit stating that all property taxes are current and that no city fees, fines, or penalties are owed on property owned by a business association in which the applicant has an ownership interest;
(15)
a description of City Code violations, if any, on the property within the previous five years;
(16)
a letter of intent from a financial institution or potential investors; and
(17)
any other information the director determines is necessary to demonstrate eligibility, including information showing compliance with all applicable City health and safety regulations.
Source: Ord. 041202-16.