Join Mills Act Program to offer property tax breaks for historic preservation
In Plain English
The Mills Act allows cities to offer property tax reductions to owners who maintain historic buildings according to preservation standards. Richmond currently does not participate in this state program. If approved, qualifying property owners could receive significant tax savings in exchange for preserving their building's historic character.
Auto-generated summary. Source: official agenda documents.
Votes
Directed staff to draft an ordinance for the City of Richmond to become a participant in the Mills Act Program
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