Loading...
Res. No. 29-20RESOLUTION NO. 29-20 A RESOLUTION OF THE OTY COMMISSION OF THE OTY OF DELRAY BEAŒI, FLORIDA, GRANTI NG AN AD VALOREM TAX EXEMPTION TO OLGA ADLER AND WIWAM K. ADLER, FOR TI-IE HISTORIC REHABILITATION OF THE PROPERTY LOCAIBD AT 19 NOR1H DIXIE BOULE V ARD, AS FURTHER DESCRIBED HEREIN; DEIBRMINING 1HAT THE COMPLEIBD IMPROVEMENTS ARE CONSISIBNT Willi LAND DEVELOPMENT REGULATION (LDR) SECTION 4.5.10), TAX EXEMPTION FOR HISTORIC PROPERTIES; PROVIDING AN EFFECTIVE DAIB. WHEREAS, the Historic Preservation Program of the City of Delray Beach, Florida (the "City'), is designed to preserve, protect, enhance, and perpetuate resources which represent distinctive and significant elements of the Citys historical, cultural, social, economic, political, archaeological, and architectural identity; and/ or serve as visible reminders of the Citys culture and heritage; and WHEREAS, the citizens of Florida amended the Florida Constitution, Article VII, Section 3, to authorize counties and municipalities to grant a partial ad valorem tax exemption to owners of historic properties for improvements to such properties which are the result of the restoration, renovation, or rehabilitation of the historic properties; and WHEREAS, the City of Delray Beach City Commission has approved an ordinance providing for an ad valorem tax exemption for the restoration, renovation, and/ or improvement of historic properties (Ordinance No. 50-96); and WHEREAS, the ad valorem tax exemption is one means of offering a financial incentive to increase interest in restoring, renovating, and improving the Citys historic structures; and WHEREAS, Ordinance No. 50-96 provides that on completion of the review of a Final Application/Request for Review of Completed Work, the Historic Preservation Planner shall present such Final Application in a regularly scheduled meeting of the Historic Preservation Board and shall recommend that the Historic Preservation Board grant or deny the exemption; and WHEREAS, the property owners filed a Historic Property Ad Valorem Tax Exemption Application for review by the Historic Preservation Board on December 4, 2019, of an ad valorem tax exemption for the historic restoration, renovation, and improvement of the property located at 19 North Dixie Boulevard, and the Historic Preservation Board determined that the completed improvements were consistent with LDR Section 4.5.10) and recommended approval to grant an ad valorem City tax exemption to Olga Adler and William K. Adler for the restoration, renovation, and improvement to the property located at 19 North Dixie Boulevard. NOW, TI-IEREFORE, BE IT RESOL VED BY TI-IE O1Y COMMISSION OF TI-IE O1Y OF DELRAY BEAŒI, FLORIDA, AS FOLLOWS: Section 1. The City Commission hereby determines that the completed improvements to the property located at 19 North Dixie Boulevard, as described in the application for ad valorem tax exemption filed with the City, were consistent with LDR Section 4.5.10). Section 2. The City Commission hereby approves an ad valorem tax exemption to the property owners, Olga Adler and William K. Adler for a ten (10) year period, commencing on January 1, 2020, from that portion of ad valorem taxes levied on the increase in assessed value, between January 1, 2020 and December 31, 2029, resulting from the renovation, restoration, and rehabilitation of the property located 19 North Dixie Boulevard, which property is legally described as follows and which improvements are described in Historic Preservation Board Certificate of Appropriateness No. 2019-247: LOT 16, BLOCK 4, DEL-IDA PARK, ACCORDING TO TI-IE PLAT TI-IEREOF ON FILE IN 1HE OFFICE OF TI-IE QERK OF TI-IE ORCUIT COURT IN AND FOR PALM BEAŒI COUN1Y, FLORIDA, IN PLAT BOOK 9, PAGE 52, TOGETI-IER WITH IMPROVEMENTS TI-IEREON AND FIXTIJRES TI-IEREON. Section 3. Prior to the ad valo rem tax exemption described herein being effective, Olga Adler and William K. Adler shall execute and record a restrictive covenant in a form established by the State of Florida, Department of State, Division of Historical Resources, requiring the qualifying improvements be maintained during the period that the tax exemption is granted. A copy of the recorded covenant shall be provided to the Gty's Historical Preservation Planner. Section 4. This resolution shall become effective immediately upon its passage. PASSED AND ADOPIBD in regular session on the J / sf day of January, 2020. ~Àl- Shelly~~r and Legal Sufficiency: 2 RES. NO. 29-20