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2021-0071HILLSBOROUGH COUNTY · LOCALSession 2021local legislationUNKNOWN
Local Impact

Tampa Approves Historic Tax Exemption

Original title: 2021-0071: Tampa Approves Historic Tax Exemption

May 5, 2021

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The Frame

What this does

This tax exemption could benefit property owners in the Ybor City Historic District by reducing their property tax burden.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Property Owners in Ybor City Historic District

Receive a reduction in their property tax payments.

City of Tampa

The city administers the property tax system and grants the exemption.

Taxpayers

The exemption impacts the overall tax revenue collected.

What changed

Last recorded activity May 5, 2021.

What's next

Next step not available in the current record.

Summary

The Tampa City Council approved a resolution granting a 10-year property tax exemption for improvements to the commercial building at 1302 E. 7th Avenue. This exemption is specifically for properties within the Ybor City Historic District, identified by 19 7336.0000. The resolution includes an attached covenant outlining the terms of the exemption.

Why It Matters

This tax exemption could benefit property owners in the Ybor City Historic District by reducing their property tax burden.

Frequently Asked Questions

What is a property tax exemption?
A property tax exemption reduces the amount of property taxes a property owner must pay.
What is the Ybor City Historic District?
The Ybor City Historic District is a designated area in Tampa with specific architectural and historical significance.
How long does the tax exemption last?
The property tax exemption lasts for a 10-year period.
What types of improvements qualify for the exemption?
The resolution specifies the exemption applies to improvements made to the commercial building.

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Connected Entities

locationYbor City Historic DistrictLocation of the propertyMap →
organizationTampa City CouncilApproving bodyMap →
otherFolio 19 7336.0000Property identifierMap →
other1302 E. 7th AvenueProperty addressMap →

Sources

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