City of Round Rock - File #: 2017-4515

• File #: 2017-4515
• Type: Ordinance
• Status: Approved
• File created: 5/31/2017
• In control: City Council
• On agenda: 6/22/2017
• Final action: 6/22/2017
• Title: Consider public testimony regarding, and an ordinance granting a partial tax exemption from ad valorem taxes for certain qualified historically significant properties located in the City. (First Reading)*

Date	Ver.	Action By	Action	Result
6/22/2017	1	City Council	approve	Pass
6/22/2017	1	City Council	dispense with the second reading and adopt	Pass

Title

Consider public testimony regarding, and an ordinance granting a partial tax exemption from ad valorem taxes for certain qualified historically significant properties located in the City. (First Reading)*

Body

The partial tax exemption program for historically significant properties, created in 1982, encourages owners of historic properties to use money saved on taxes to provide regular maintenance and/or repair to their historic structures. With this program, property owners receive a 75% exemption of municipal property taxes. The Historic Preservation Commission is responsible for inspecting properties that participate in the program and recommending to the City Council whether a property is eligible to receive the tax exemption.