title
AD VALOREM TAX EXEMPTION FOR HISTORIC PROPERTIES - 633 NE 10TH AVENUE (B)
ORDINANCE NO. 0-01-62
An ordinance of the City of Gainesville, Florida, finding that property located in the vicinity of 633 NE 10th Avenue, Gainesville, Florida, qualifies for an ad valorem tax exemption for historic properties; granting an exemption from ad valorem tax on certain improvements beginning January 1, 2002, and continuing for 10 years; authorizing the Mayor and Clerk of the Commission to sign the Historic Preservation Property Tax Exemption Covenant between the applicant and the City; providing a severability clause; providing a repealing clause; and providing an immediate effective date.
recommendation
The City Commission (1) approve the "Part 2-Request for Review of Completed Work" application; (2) adopt the proposed ordinance; and (3) authorize the Mayor and Clerk of the Commission to sign a the Historic Preservation Property Tax Exemption Covenant, subject to approval by the City Attorney as to form and legality.
explanation
At the request of the City Manager, the City Attorney has drafted an ordinance exempting certain historic property from ad valorem taxation for certain improvements as approved by the Historic Preservation Board.