Title
Recommendation for the approval of the Special Property Tax Valuation application for the Chaplin House at 425 Rogers Street NW
Recommended Action
Move to recommend City Council approve the Special Property Tax Valuation application for the Chaplin House at 425 Rogers Street NW
Report
Issue:
Whether to recommend City Council approve the Special Property Tax Valuation application for the Chaplin House at 425 Rogers Street NW
Staff Contact:
Holly Borth, Historic Preservation Officer, Community Planning & Development, 360.688.0419
Presenter(s):
N/A
Background and Analysis:
On June 21, 2023, the City of Olympia has received an Application and Certification of Special Valuation for Improvements to a Historic Property from the owner of the Chaplin House at 425 Rogers Street NW. This property is listed in the Olympia Heritage Register as an example of the Queen Anne Style (Category B) and its association with J.R. and Emery Chaplin (Category E). The Historic Preservation Officer has confirmed that the subject property meets basic program eligibility criteria for Special Valuation:
The rehabilitation cost and time requirements were met as follows:
• The assessed value of the structure prior to rehabilitation was: $446,800.00;
• Twenty-five percent of this is: $111,700.00;
• The approved rehabilitation costs are: $126,003.00;
• Costs were verified by receipts submitted by the owner; and
• The rehabilitation period is within the requisite 24 months prior to the application date of June 21, 2023.
The Historic Preservation Officer has reviewed expenses and payment documentation with the property owner to verify the stated expenses and establish the exact total of qualified rehabilitation expenditures (TQRE). The Heritage Review Committee conducted a site visit on October 14, 2023 to review the completed improvements, determine if the work is consistent with the SOI Standards, and affirm that the rehabilitation upon which the application is based has not altered or in any way adversely affected those elements of the property which qualify it as historically significant. At that time, the Committee approved by consensus to forward this application to the Olympia Heritage Commission.
The Olympia Heritage Commission will vote to approve or deny forwarding the application for final approval by the Olympia City Council.
Climate Analysis:
As the Special Tax Valuation encourages repair of historic material as much as possible, not only does that reduce the introduction of more waste to landfills, it also offers property owners more affordable opportunities they may not have otherwise considered.
Equity Analysis:
The Olympia Heritage Commission is dedicated to improving the education and outreach the Heritage Register and Special Valuation opportunities to underrepresented communities. Every project is an opportunity for education and outreach.
Neighborhood/Community Interests (if known):
N/A
Options:
1. Recommend City Council approve the Special Property Tax Valuation application for the Chaplin House at 425 Rogers Street NW
2. Recommend City Council approve the Special Property Tax Valuation application for the Chaplin House at 425 Rogers Street NW, with conditions
3. Recommend City Council deny the Special Property Tax Valuation application for the Chaplin House at 425 Rogers Street NW
Financial Impact:
N/A
Attachments:
Application
Historic Inventory
Photos