(A) Eligible properties. In order to be eligible to receive the Special Assessment, a property must be granted a historic designation by the City Council based upon one or more of the following reasons:
(1) The property is at least 50 years old; and
(2) It also qualifies under the following:
(a) The property has been designated as a historic property by the City Council;
(b) The property is listed on the National Register of Historic Places; or
(c) The property is located within an area that has been listed on the National Register of Historic Places as a historic district.
(B) Historic designation. Each property included within the descriptions provided for in division (A) is hereby granted a Historic Designation for the purposes of the Bailey Bill and the bailey bill program (a "Historic Property").
(Ord. 2015-017, passed 8-25-15)