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<br />Proposed Historic Project Tax Exemption <br /> <br />Historic structures eligible for tax exemption: <br />. Properties in Historic Districts: Belvin St., San Antonio St., & the Downtown Square <br />. 50 year old properties in the Main Street area. <br />. Historically significant properties as determined by historic resources survey. (City <br />surveys to date: East Guadalupe, Dunbar, and Heritage Neighborhoods) <br />. Local historic landmarks. <br /> <br />~ligible project costs examples: <br />Interior: <br />· Structural Sub-floors, ceilings, and walls <br />· Mechanical equipment, electrical systems, plumbing systems <br />. Fire protection systems <br />· Architectural and engineering services <br />Exterior: <br />. Termite treatment <br />. Foundations <br />· Exterior walls, fayade, doors, and paint <br />· Architectural and engineering services <br /> <br />Provides incentive for economic ventures that promote: <br />· Public safety, accessibility, utility, maintenance, historic authenticity, and increased <br />aesthetic appearance, tourism, and community pride. <br /> <br />Residential impact: <br />· Incentive to preserve housing stock <br />· Recognizes historic homes of all architectural types, throughout the city. <br />· Encourages preservation of neighborhood culture. <br /> <br />Main Street area impact: <br />· Promotes safety and accessibility: fire suppression systems and ADA compliance. <br />· Encourages reinvestment, business expansion, and tourism. <br />· Complements City's efforts to promote tourism: Tanger-Main Street Partnership. <br />