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Commission outlines tax‑exemption and reinvestment incentives for local landmarks
Summary
Staff described two incentive pages: a historical appraised‑value tax exemption and a single‑family residential reinvestment tax incentive for local historic landmarks, with eligibility criteria and post‑approval steps to be listed on the site.
Monica (S3) walked members through the incentives section of the new site and said each incentive will have its own dropdown describing eligibility, application steps and what happens after approval. She listed the two incentives: a historical appraised value tax exemption and a single‑family residential reinvestment tax incentive targeted to local historic landmarks.
Commissioners asked that pages include clear summaries of who is eligible and potential benefit amounts. Monica said the pages will outline "the general requirements, if your property how much you can receive in an exemption," and will explain the application process and post‑approval expectations. She also noted staff will include forms and applications on the site for applicants to download.
