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. |
§ 11-1-63. CRITERIA FOR ELIGIBILITY.
The Landmark Commission shall issue a certificate of eligibility designating the property as in need of tax relief to encourage its preservation only if the application satisfies the following requirements:
(1)
The restoration must comply with the historic area (HD) combining district preservation plan.
(2)
The property is a contributing structure, or the Landmark Commission determines that it is a potentially contributing structure.
(3)
If the application is for a potentially contributing structure, the work for which the certificate is requested must restore the historic appearance of the structure.
(4)
The cost of restoration must exceed the percentage of pre-restoration value specified in the applicable section of Division 3 ( Abatement Programs ).
(5)
Only restoration done after issuance of the certificate of eligibility is included in determining whether the proposed restoration exceeds the specified percentage of pre-restoration value.
(6)
Only restoration involving work for which a certificate of appropriateness or City permit is required is included in determining whether the proposed work exceeds the specified percentage of pre-restoration value.
(7)
The applicant obtains a certificate of appropriateness, if required.
Source: Ord. 041202-16.