If, after declaration of public nuisance, the Director of Development Services or his designee finds the subject property to contain substandard housing and this housing is generating revenue income, he may file a notice of noncompliance with the State Franchise Tax Board pursuant to Section 24436.5 of the Revenue and Taxation Code to eliminate tax benefits generated by the property from the owner's California tax return. (Ord. 2969 § 2 (part), 2000).