Agenda Item Name:
Title
Resolution Providing for Historic Ad Valorem Exemption at 305 NE 6th St. 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 2020, for 10 years beginning 2020.
Recommended Action:
Recommended Action
Approve the Historic Ad Valorem Exemption
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Prior Board Motions:
In accordance with Comprehensive Plan Historic Preservation Element Policy 2.8, and per Chapter 39.7 of the Alachua County Code, the Board may grant an ad valorem tax exemption for historic preservation for qualifying properties within the county.
Fiscal Consideration:
Fiscal Consideration
Estimated value of exemption based on project cost: $2,480/ year for 10 years
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Background:
1. (County) Resolution and Covenant for 305 NE 6th Street, Gainesville (Documents Requiring Action - 2 separate files; with owner signature page scan attached separately showing agreement of owner) 2. Adopted City of Gainesville Ordinance 190607 and Covenant 3. City Staff Report 4. Map Location 305 NE 6th Street, Gainesville
This 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 which as documented in 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 improvements meet the federal Secretary of Interior Standards for Historic Preservation and are therefore qualified. The property is also eligible for the County exemption.
Background
The owner of the property (305 NE 6th Street, Gainesville) in the Northeast "Duckpond" Historic District renovated an historic multi-family residence and added an additional apartment. The structu...
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