§ 65.802. Historic Rehabilitation Tax Exemption.

Latest version.

Qualifying property that has completed a qualifying improvement project shall be exempt from that portion of ad valorem taxation levied by the City of Orlando on one hundred percent (100%) of the increase in assessed value resulting from the qualifying improvement project during the Exemption Period. The amount of the exemption shall be determined by the Orange County Property Appraiser based upon its usual process for post-construction inspection and appraisal of property following rehabilitation or renovation.

(Ord. of 9-16-1991, Doc. #25102; Ord. of 6-20-1994, Doc. #27635)

                    
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