84.26.030 - Special valuation criteria.

Special valuation criteria.

Four criteria must be met for special valuation under this chapter. 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;

     (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 local review board as described in RCW 84.26.050(2).

[1986 c 221 § 2; 1985 c 449 § 3.]