6501. APPLICATION FOR TAX INCENTIVES FOR OARS OF REAL PROPERTY

6501 APPLICATION FOR TAX INCENTIVES FOR OARS OF REAL PROPERTY 6501.1 To apply for a reduction in real property taxes, special assessments, assessment for failure to abate a nuisance, or water and sewer charges, the owner of improved real property within a designated economic development zone shall submit to the Development Zone Administrator the following supporting information: (a) Identity of owner or owners: (b) Street address, lot, and square of each piece of real property for which a claim for an incentive is made (including identification of zone); (c) Each tax or other indebtedness to be reduced (date debt incurred, period covered); (d) Proposed economic development activity or project; (e) Amount of claim; (f) Certificate of taxes; (g) Certification of assessed valuation of improved real property (not more than sixty (60) days old); (h) Certification of amount of indebtedness (tax bills, water and sewer bills, assessment for failure to abate nuisance, special assessments, or other assessments by the District government; (i) Certification of conformance with zoning regulations; (j) Beginning date of rehabilitation or construction; (k) Statement of actual costs of rehabilitation or construction; (l) Permits (building, occupancy, other); and (m) Other relevant documents as requested by the Development Zone Administrator. 6501.2 To apply for deferral or forgiveness of real property taxes, special assessments, assessments for failure to abate a nuisance, or water and sewer charges, the owner of improved real property shall submit to the Development Zone Administrator the following supporting information: (a) The information required by §6501.1; (b) Evidence of how the proposed activity will improve the economic development zone by doing the following: (1) Reducing the rate of poverty; (2) Reducing the unemployment rate; (3) Reducing economic distress; (4) Increasing the median income level; (5) Improving the standard of living; (6) Increasing the level of owner-occupied housing; (7) Increasing commercial activity; (8) Increasing industrial activity; or (9) Employing area residents; (c) Evidence of community support; and (d) Evidence of private sector commitments. SOURCE: Final Rulemaking published at 40 DCR 8626, 8627 (December 17, 1993).