Title
Consider/Discuss/Act on a Request by Daniel Stampfel for a Historic Marker Level Historic Neighborhood Improvement Zone Program Tax Exemption for the Property at 109 S. College Street.
Summary
COUNCIL GOAL: Enhance the Quality of Life in Downtown McKinney
MEETING DATE: April 6, 2023
DEPARTMENT: Planning Department - Development Services
CONTACT: Cassie Bumgarner, Historic Preservation Planner
Paula Jarrett Nasta, AIA, Planning Manager
RECOMMENDED CITY COUNCIL ACTION:
* Staff recommends approval of the request.
ITEM SUMMARY:
* The applicant requests approval of a Historic Marker Level HNIZ Program tax exemption for the property located at 109 S College Street.
* To be eligible for a tax exemption incentive under the HNIZ Program, residential properties must meet the minimum eligibility requirements of the program, along with specific criteria for the requested incentive level.
* Staff has reviewed the request and has found that it meets the minimum eligibility requirements of the HNIZ Program for a Historic Marker Level exemption.
* Specifically, the criteria for a Historic Marker Level incentive are as follows:
o The property has received a historic marker designation pursuant to the Historic Mark Program requirements outlined in Chapter 98 of the City's Code of Ordinances.
* The property owners were approved as City of McKinney Historic Marker on August 4, 2022 (HP2022-0067).
o A minimum investment of $10,000 in building improvements for the property has been demonstrated within at least the previous 3 years from the date of the incentive request.
* Within the last three years, the owners have completed rehabilitation efforts to the structure that include the following work:
- Front porch refurbishment December 2022: $8,148.50 for flashing, framing, replacement of deck board due to wood rot, and painted
- Siding repair October 2022-February 2023: $1,476.66 for repairing large gaps and cracks in siding that were allowing outside e...
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