File #: 15-010HT    Name: 617 N Church St. HNIZ Tax Exemption
Type: Agenda Item Status: Approved
In control: Historic Preservation Advisory Board
On agenda: 8/6/2015 Final action: 8/6/2015
Title: Conduct a Public Hearing to Consider/Discuss/Act on the Request by Doreen Christenson for Approval of a Level 1 Historic Neighborhood Improvement Zone Tax Exemption for the House Located at 617 North Church Street.
Attachments: 1. Tax Exemption Application

Title

Conduct a Public Hearing to Consider/Discuss/Act on the Request by Doreen Christenson for Approval of a Level 1 Historic Neighborhood Improvement Zone Tax Exemption for the House Located at 617 North Church Street.

 

Summary

 

COUNCIL GOAL:                     Enhance the Quality of Life in Downtown McKinney

 

MEETING DATE:                     August 6, 2015

 

DEPARTMENT:                      Planning

 

CONTACT:                       Guy R. Giersch, Historic Preservation Officer

                     Matt Robinson, AICP, Planning Manager

 

STAFF RECOMMENDATION: Staff is recommending approval of the Level 1 tax exemption for 617 North Church Street.

PRIORITY RATING: This property is listed as a low priority building in the 1985 Historic Resource Survey.  Low priority buildings contribute to the local history but, alterations have diminished the resource’s integrity.  The building has been reclassified recently to a High Priority building.  High Priority buildings contribute significantly to local history or broader historical patterns; is an outstanding or unique example of architecture, engineering or crafted design; retains a significant portion of its original character and contextual integrity; meets, in some cases, criteria for inclusion in the National Register of Historic places and/or is eligible for a Texas Historical Marker.

 

ITEM SUMMARY: With an associated agenda item, #15-009HTM, the applicant is requesting approval of a Historic Marker. If the Historic Preservation Advisory Board (HPAB) approves the applicant’s request for a Historic Marker, then, under Ordinance 2013-11-110, the applicant is eligible to request that the HPAB consider an application for a Level 1 tax exemption (100% exemption of the City’s ad valorem taxes for a period of 7 years).

Per the Collin Central Appraisal District, estimated ad valorem taxes for this property in 2015 are approximately $1,643.

ASSESSMENT: Staff has inspected the house to confirm that the building has architectural integrity and has been properly rehabilitated/restored and maintained according to the Secretary of the Interior’s Standards.

In Staff’s assessment, the applicants have met the requirements to obtain a tax exemption under Level 1 of the Historic Neighborhood Improvement Zone Tax Exemption Program. Therefore, Staff is recommending approval of the Level 1 tax exemption for 617 North Church Street.