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Show June 5. 1981 Lehi City 51 North Center Street Lehi. Utah scon M MATHESON GOVERNOR Division of State History (UTAH STATE HISTORICAL SOCIETY) STATE OF UTAH DEPARTMENT OF COMMUNITY AND . ECONOMIC DEVELOPMENT MELVIN T. SMITH. DIRECTOR 300 RIO GRANDE SALT LAKE CITY. UTAH 84101 TELEPHONE 8011533-5755 Dear Lehi City: We are pleased to report that the Historic and Cultural Sites Review Committee on June 3. 1981 approved the nomination to the National Register of you'r property known as the Lehi City Hall. If the Keeper of the National Register accepts the nomination, as I explained in my earlier letter, the provisions of the Tax Reform Act of 1976 will apply to your property. The act contains four main provisions for buildings that qualify for tax depreciation, that is, income or commercial properties. The Act: (1) permits a five-year amortization of certified rehabilitation expenses; (2) eliminates business expense deductions for demolition; (3) eliminates accelerated depreciation for structures built on the site of demolished historic structures; (4) provides special depreciation rules when the cost of rehabilitation exceeds $5,000 and the purchase price of the building. These provisions do not apply to private residences. Under present guidelines if an owner objects to listing of his property then it will not be listed on the National Register of Historic Places. National Register guidelines allow you thirty d~s in which to comment on the eligibility of your property. If you would like us to submit the nomination sooner, please sign, date, and return the enclosed letter. If you have any questions or concerns, please contact me at the address above. Sincerely, A. Kent Powell Historic Preservation Research Coordinator br Enclosure State History Board: Milton C. Abrams. Chairman • Theron H. Luke . ' Ted J. Warner • Elizabeth Montague • Thomas G. Alexander Della G. Dayton • Wayne K. Hinton • Helen Z. Papanikolas • David S. Monson • Elizabeth Griffith • William D. Owens |
