Historic Preservation at Work for the Texas Economy (‘99) - based on a report by The Center for Urban Policy Research at Rutgers University, Texas Perspectives and The LBJ School of Public Affairs at the University of Texas at Austin
“The study examined nine Texas cities. In all nine, historical designations stabilized property values. Seven of these showed significantly higher property values within designated historic districts when compared with similar but nondesignated areas. In some cases, as much as a 20 percent difference existed between a designated area and a non-designated area. The remaining two cities could not establish a quantifiable increase or decrease in property values.”
What Local Historic District DOES NOT do: · Does not regulate paint colors · Does not require repairs or renovations to be made · Does not increase taxes beyond normal increases for the City or County · Does not prevent additions · Does not prevent non-contributing homes from being demolished · Does not require use of historic materials or historic building methods · Does not require that you open you home to the public · Does not restrict routine maintenance of properties
What Local Historic District DOES do:
· Recognizes that Oakhurst has a distinctive historic character important to the overall character of the City of Decatur
· Encourages creative and compatible development with historic areas
· Requires that a Certificate of Appropriateness be obtained for exterior changes to contributing properties, demolition of buildings, and new construction.
· Applies only to major renovations to the exterior of your home. Interior renovations are not restricted.
Tuesday, July 17, 2007
Historic Preservation at Work for the Texas Economy
Posted by Joy at 10:38 AM
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