Sec. 780.301. - Purpose.

In November of 1992, Florida voters overwhelmingly approved by referendum an amendment to the Florida State Constitution authorizing units of local government to provide a partial ad valorem property tax exemption to owners of Florida historic properties who restore, rehabilitate or renovate those structures. The City hereby creates an ad valorem exemption for qualifying improvements of historic properties designated by the City in order to accomplish the following purposes: Provide a positive financial incentive for designation as historic landmarks and historic districts; Encourage more restoration, rehabilitation and renovation of designated historic structures; Stabilize and improve property values, and enhance the property tax base of the City by encouraging improvement of designated structures; and Improve the appearance of designated historic landmarks and historic districts; therefore enhancing their appeal as places to live, to work, or to visit. (Ord. 94-308-168, § 1) Note— Former § 790.301.