Applications for an assessment or reassessment moratorium shall be made to the administering agency as follows:
(A) The application shall be on the form prescribed by the Kentucky Department of Revenue and shall be filed in the manner prescribed by the administering agency.
(B) The application shall be filed with the administering agency at least 30 days before commencing the restoration.
(C) The application shall contain the following:
(1) A general description of the property;
(2) A general description of its proposed use;
(3) The general nature and extent of restoration, repair, rehabilitation or stabilization to be undertaken;
(4) A time schedule for undertaking and completing the project; and
(5) If the property is a commercial facility, the application shall also contain a descriptive list of the fixed building equipment which will be a part of the facility and a statement of the economic advantages expected from the moratorium, including expected construction employment.
(Ord. 2020-36, passed 11-17-20)