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Show STATE OF UTAH Scott M. Matheson, Governor DEPARTMENT OF DEVELOPMENT SERVICES February 8, 1979 J. Phillip Keene III Executive Director 104 State Capitol Salt Lake City, Utah 84114 Telephone: (801) (801)533-5961 533-5961 RHlISTIRED MAIL Dr. Harold B. Lamb 2604 Evergreen Avenue Salt Lake City, UT 84109 Dear Dr. Lamb: RE: Neff Mill/Oakwood We are pleased to report that your property has been considered to be TherefQre, if your eligible for nomination to the National Register. Therefqre, property is nominated and listed, the provisions of the Tax Reform Act, signed into law on October 4, 1976, will be in effect. Specifically, the act contains four main provisions for buildings that qualify for tax depreciation e.g. income or commercial properties: (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. National Register guidelines allow you thirty days in which to comment on the eligibility of said property. If you have any questions or concerns, please contact the Preservation Office, Utah State Historical Society, 307 West 200 South, Suite 1000, Salt Lake City, Utah 84101, 533-6017. Sincerely, \\~~ \\\~~ J~ ~hilliP ~ene, III Executive Director and State Historic Preservation Officer jjw DIVISION OF: INDUSTRIAL PROMOTION. TRAVEL DEVELOPMENT. EXPOSITIONS • STATE HISTORY • FINE ARTS |
