Section 10-B6501. APPLICATION FOR TAX INCENTIVES FOR OARS OF REAL PROPERTY

 

6501.1To apply for a reduction in real property taxes, special assessments, assessment for failure to abate a nuisance, or water and sewer charges, the owner of improved real property within a designated economic development zone shall submit to the Development Zone Administrator the following supporting information:

 

(a)Identity of owner or owners:

 

(b)Street address, lot, and square of each piece of real property for which a claim for an incentive is made (including identification of zone);

 

(c)Each tax or other indebtedness to be reduced (date debt incurred, period covered);

 

(d)Proposed economic development activity or project;

 

(e)Amount of claim;

 

(f)Certificate of taxes;

 

(g)Certification of assessed valuation of improved real property (not more than sixty (60) days old);

 

(h)Certification of amount of indebtedness (tax bills, water and sewer bills, assessment for failure to abate nuisance, special assessments, or other assessments by the District government;

 

(i)Certification of conformance with zoning regulations;

 

(j)Beginning date of rehabilitation or construction;

 

(k)Statement of actual costs of rehabilitation or construction;

 

(l)Permits (building, occupancy, other); and

 

(m)Other relevant documents as requested by the Development Zone Administrator.

 

6501.2To apply for deferral or forgiveness of real property taxes, special assessments, assessments for failure to abate a nuisance, or water and sewer charges, the owner of improved real property shall submit to the Development Zone Administrator the following supporting information:

 

(a)The information required by §6501.1;

 

(b)Evidence of how the proposed activity will improve the economic development zone by doing the following:

 

(1)Reducing the rate of poverty;

 

(2)Reducing the unemployment rate;

 

(3)Reducing economic distress;

 

(4)Increasing the median income level;

 

(5)Improving the standard of living;

 

(6)Increasing the level of owner-occupied housing;

 

(7)Increasing commercial activity;

 

(8)Increasing industrial activity; or

 

(9)Employing area residents;

 

(c)Evidence of community support; and

 

(d)Evidence of private sector commitments.

 

source

Final Rulemaking published at 40 DCR 8626, 8627 (December 17, 1993).