(A) The purpose of this section is to preserve historic districts that are important to the education, culture, traditions, and economic values of the town, and to afford the town historical organizations, and other interested persons the opportunity to acquire or to arrange for the preservation of these buildings.
(B) If the Review Board denies the issuance of a certificate of appropriateness for the demolition of a building or structure, a demolition permit may be issued by other agencies and a building may be demolished, but only after the property owner has demonstrated to the Review Board that an historic building or structure is incapable of earning an economic return on its value, as appraised by a licensed real estate appraiser.
(C) Notice of the proposed demolition must be given for a period fixed by the Review Board based on the Review Board’s classification on the approved map, but not less than 60 days nor more than 1 year. Notice must be posted on the premises of the building or structure proposed for demolition in a location clearly visible from the street. In addition, notice must be published in a newspaper of general local circulation at least 3 times before demolition, with the first publication not more than 15 days after the application for a permit to demolish is filed and the final publication at least 15 days before the date of the permit.
(D) The Review Board may approve a certificate of appropriateness at any time during the notice period under division (C) above. If the certificate is approved, a demolition permit shall be issued without further delay and demolition may proceed.
(1992 Code, § 2-215) (Ord. 934, § 11, passed 2-25-1997)