A. The City Administrator shall rebate to any person who has paid a tax the amount of tax actually paid, upon the person establishing that:
1. The tax was paid for the construction of a single-family residence that was sold to its original occupant for a price less than $100,000; provided that the maximum amount that may be refunded for any 1 residence is $125;
2. The person who paid the tax is a corporation exempt from federal income taxation pursuant to 42 U.S.C. 501(c)(3), or a limited partnership, the sole general partner of which is a corporation exempt from federal income taxation pursuant to 42 U.S.C. 501(c)(3), the construction is used for residential purposes and the property is restricted to being occupied by persons with income less than 50% of the median income for a period of 30 years or longer; or
3. The person who paid the tax is exempt from federal income taxation pursuant to 42 U.S.C. 501(c)(3) and the construction is dedicated for use for the purpose of providing charitable services to persons with incomes less than 50% of the median income.