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Presentation of excerpts from the Historic Preservation Board meeting of July 17, 2008 requesting the following action with regard to Case File AV 2006-03.
That the City Commission adopt a Resolution authorizing Ad Valorem tax relief for the property located at 1101 North Greenway Drive, a local historic landmark, legally described as Lots 13, 14, and 15, Block 15, Coral Gables Section "C", according to the Plat thereof, as recorded in Plat Book 8, Page 26, of the Public Records of Miami-Dade County, Florida. The Miami-Dade County Property Appraiser has determined the change in value of the property due to the renovations to be $403,398.00, This corresponds to an exemption of up to approximately $2,118.00 per year and up to approximately $21,180.00 over ten years.