§ 82-105. Historic preservation exemption covenant.

(a)

To qualify for an exemption, the applicant must sign and return the historic preservation exemption covenant with the final application/request for review of completed work. The covenant shall be in a form as established by the department of state, division of historical resources and applicable for the term for which the exemption is granted and shall require the character of the property and qualifying improvements to be maintained during the period that the exemption is granted.

(b)

On or before the effective date of the exemption, the owner of the property shall have the covenant recorded in the official records of the county and shall cause a certified copy of the recorded covenant to be delivered to the historic preservation planner. Such covenant shall be binding on the current property owner, transferees, and the heirs, assigns and successors. A violation of the covenant shall result in the property owner being subject to the payment of the differences between the total amount of the taxes which would have been due in March of each of the previous years in which the covenant or agreement was in effect had the property not received the exemption and the total amount of taxes actually paid in those years, plus interest on the difference calculated as provided in F.S. § 212.12(3).

(Code 1979, § 15-123)