Applications for a property assessment or reassessment moratorium certificate shall be made to the administering agency as follows:
a. The application shall be on a form prescribed by the Kentucky Department of Revenue and shall be filed in the manner prescribed by the administering agency.
b. The application shall be filed with the administering agency not less than thirty (30) days prior to commencement of restoration, repair, rehabilitation, or stabilization of the eligible property.
c. The application shall contain or be accompanied by the following information:
1. A general description of the property, including documentation and proof of the age of the building satisfactory to the administering agency;
2. A general description of the proposed use of the property;
3. The general nature and extent of the restoration, repair, rehabilitation or stabilization to be undertaken;
4. A time schedule for undertaking and completing the project; and
5. If the property is a commercial facility, the application shall, in addition, be accompanied by a descriptive list of the fixed building equipment which will be a part of the facility and a statement of the economic advantages expected from the moratorium, including expected construction employment.
d. The administering agency may impose an application fee to cover the costs of administration.
(Ord. BG80-63, S11-43, 7/15/80; Ord. BG2016-49, 1/3/2017)