The city shall promote the use of appropriate preservation incentives to encourage owner(s) to designate, maintain, preserve, and improve historic resources. These incentives may include but are not limited to the following:
A. Use of the State Historic Building Code (SHBC) which provides alternative and less costly building regulations for the rehabilitation, preservation, restoration, or relocation of structures designated as historic structures.
B. Facade easements of historic buildings to enable property owners to receive property tax deductions.
C. Reduced or no processing fees for appropriate rehabilitation of designated historic structures.
D. Technical assistance through the city's Development Services Department and preservation professionals.
E. Grants and loans for appropriate rehabilitation of designated historic structures.
F. Awards and other symbols of recognition of exemplary rehabilitation and maintenance of historic structures.
G. Investigation of the feasibility of other incentives such as transfer of development rights and similar mechanisms for designated historic resources subject to the approval of the City Council.
H. Mill Acts/historic preservation contracts which can lower property taxes of designated historic structures subject to the approval of the City Council.
I. Assistance in processing applications for federal investment tax credits for certified rehabilitation of historic structures listed in the National Register of Historic Places.
(Ord. 953, passed 6-21-94)