Title
Special Tax Valuation: 222 19th Avenue SW
Recommended Action
Move to recommend to the full Heritage Commission that the subject property be approved for Special Property Tax Valuation based on adherence to the Secretary of the Interior’s Standards for Rehabilitation.
Report
Issue:
Whether to recommend that the Heritage Commission recommend the subject property be approved for Special Valuation based on the completed rehabilitation work adherence to applicable standards, i.e., “the rehabilitation upon which the application is based has not altered or on any way adversely affected those elements of the property which qualify it as historically significant.” (OMC 3.6.020C)
Staff Contact:
Presenter(s):
Marygrace Goddu, Historic Preservation Officer, Community Planning & Development, 360.480.0923
Diane Rudeen, Homeowner
Background and Analysis:
The City of Olympia has received an Application and Certification of Special Valuation on Improvements to Historic Property from the owners of 222 19th Ave SW. This property is individually listed and also listed as a contributing property in the South Capitol Neighborhood Historic District.
The Historic Preservation Officer has confirmed that the subject property meets basic program eligibility criteria for Special Valuation:
• historic home included in a historic district or individually registered;
• application filed no later than two years after beginning the work; and
• per applicant’s documentation, expenditures total at least 25% of the assessed value of the property, exclusive of land value, prior to the rehabilitation and meet eligible expenses criteria.
Timeline for Special Valuation Review and Approval:
October 05 Heritage Review Committee (HRC) evaluation and recommendation.
October 28 Heritage Commission Review of HRC recommendation
November City Council Consideration
December Submit signed agreement to Assessor
Options:
1. The project work meets the Standards and should be recommended to the Heritage Commission for Special Valuation.
2. Only [certain listed work] meets the Standards, and project eligibility should be further evaluated.
3. The completed work does not meet the Standards and the committee does not recommend referral to the Heritage Commission.
Attachments:
Special Valuation Guide to Eligible Expenses
Special Valuation HRC Checklist
OMC 3.60 Special Tax Valuation
Historic Inventory 222 19th Ave SE
Assessor Signed Valuation
Photo Slides and Eligible Expense Total