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PDFWAC 458-15-050


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).
[Statutory Authority: RCW 84.08.010(2) and 84.08.070. WSR 87-05-022 (Order PT 87-2), ยง 458-15-050, filed 2/13/87.]
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