Wash. Admin. Code § 458-15-050 - Qualifications
Four criteria must be met for special valuation under this act. The property must:
(1) Be an historic
property;
(2) Fall within a class
of historic property determined eligible for special valuation by the local
legislative authority under an ordinance or administrative rule;
(3) Be rehabilitated at a cost which meets
the definition set forth in
RCW
84.26.020(2) within
twenty-four months prior to the application for special valuation;
and
(4) Be protected by an
agreement between the owner and the board as described in
RCW
84.26.050(2).
Notes
Statutory Authority: RCW 84.08.010(2) and 84.08.070. 87-05-022 (Order PT 87-2), § 458-15-050, filed 2/13/87.
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