Minutes 04/25/2000 - Laserfiche WebLink

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April 25, 2000 Places. Church. established between 1890 and the 1930s. our application contains two major points. would provide funding to prepare the nomination for the National Registry of Historic Initially, approximately 35 people attended a meeting at Calvary Christian They concluded that the residential area behind Starling Avenue was The grant process will be competitive, but First, much of the historic work has already been done. Secondly, the 'grass roots' effort of the neighborhood is quite impressive." Council Member Roop asked, "What will we get from the survey?" Mr. Whitlow replied, "The final product will be a comprehensive survey including the architectural and historical aspects of the properties and notes of prominent citizens who have lived or worked in the area." Council incentives for property owners?" Member Roop asked, "If we attain this, are there Mr. Whitlow replied, "Yes, there is a State tax credit against income. A property owner may claim 25% of rehabilitation expenses. Also, there is a 20% federal tax credit for income-producing properties. There are, however, Secretary of the Interior Standards that must be met to receive the tax credits. They ensure preservation of character." Council Member Haskell stated, "What we've found in other localities is that this program enhances the value of neighborhoods, both aesthetically and intellectually, with real economic return. Congratulations to the neighbors on your initiative." Council Member Dallas moved to adopt the following Resolution; the motion was duly seconded and carried by the following vote, with all members voting: Vote 5 - 0; Yeas (5) - Crabtree, Dallas, Haskell, Roop, Teague; Nays (0) - None: WHEREAS, the City of Martinsville has a proud heritage as the business and cultural center of Henry County, Virginia; and