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Committee forwards five Mills Act contracts for historic properties
Summary
The Government Audit and Oversight Committee voted to forward five Mills Act historic‑property contracts (Webster, 1401 Howard/St. Joseph’s, 64 Potomac, 2168 Market/Swedish American Hall, and 2731–2735 Folsom) to the full Board with positive recommendation after Planning staff outlined rehabilitation plans, estimated costs and property‑tax savings.
Michelle Taylor, preservation planner with the Planning Department, told the Government Audit and Oversight Committee that items 2–6 are five proposed Mills Act 10‑year contracts that reduce property taxes for owners in exchange for maintained rehabilitation plans. “This agreement provides property‑tax reductions to owners of those historic properties who can then allocate the savings toward an appropriate maintenance and restoration plan,” Taylor said during the staff presentation.
Taylor summarized staff review and the five priority considerations used in the department’s evaluations: necessity, distinctiveness, recent landmark designation, investment and legacy business. For the five properties before the…
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