§ 86-98. Removal of property from tax exempt status.

(a)

The following conditions shall provide justification for removal of a property from eligibility for the property tax exemption provided under F.S. § 196.1997:

(1)

The owner is in violation of the provisions of the historic preservation tax exemption covenant.

(2)

The property has been damaged by accidental or natural causes to the extent that the historic integrity of the features, materials, appearance, workmanship and environment, or archaeological integrity which made the property eligible for listing in the national register or designation under the provisions of the local preservation ordinance have been lost or so damaged that restoration is not feasible.

(3)

The property no longer meets the requirements as an historic property under F.A.C. ch. 1A-38.

(b)

Upon a review and recommendation by the division of historic resources and the city historic preservation advisory board and a finding by the city commission that the property meets the conditions of this section, the county property appraiser shall be notified to remove the tax exemption and secure any ad valorem tax revenues due under section 86-93.

(Ord. No. 687, § 1(6A-12), 12-13-1994)