Agenda Item Name:
Title
Resolution Providing for Historic Ad Valorem Exemption at 719 NE 5th Street, Gainesville
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Presenter:
Kathleen W. Pagan, Senior Planner, 352-374-5249
Description:
Historic Ad Valorem Exemption for one (1) property in Gainesville. The City granted the exemption in 2021, for 10 years beginning 2021.
Recommended Action:
Recommended Action
Approve the Historic Ad Valorem exemption and authorize the Chair to sign the associated covenant.
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Prior Board Motions:
In accordance with Comprehensive Plan Historic Preservation Element Policy 2.8, and per the Alachua County Code, the Board may grant an ad valorem exemption for historic preservation for qualifying properties within the county.
Fiscal Consideration:
Fiscal Consideration
The Property Appraiser staff has calculated the value of the improvements eligible for the historic preservation exemption to be $100,938. Based on the previous year millage rate the value of the exemption would be $797 annually for 10 years, for a total of $7970.
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Background:
The property owner has applied for the exemption this year. If approved, the ad valorem exemption will be for 10 years and will cover the increased assessed value of the property resulting from the renovations that took place as part of the tax exemption application. The enclosed application for the property has been reviewed by the certified local historic preservation office of the City of Gainesville that has determined that the property and improvements meet the federal Secretary of Interior Standards for Historic Preservation and are therefore qualified. The property is also eligible for the County exemption.
The owner of the property (719 NE 5th Street, Gainesville) has completed property improvements to an existing structure, the Lewis House, a one-story single family house with a flat roof and parapet on concrete block stucco walls. Built circa 1926, the house is a Mediterranean Revival house (approx. 1,473...
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