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Show February 6, 1981 J. R. Hart, Supt. Union Pacific Railroad c/o D. C. Gilbert P.o. Box 2459 Salt Lake City, Utah 84110 SCOTT M ~lATHESON GOVERNOR Division of State History (UTAH STATE HISTORICAL SOCIETY) STATE OF UTAH DEP,\RTMtNT OF COMMUNITY AND ECONOMIC DEVELOPMENT MELVIN T. SMITH. OIRECTOR 300 RIO GRANDE SALT lAKE CITY. UTAH 84 101 TELEPHONE 801/533-5755 Dear Mr. Gilbert: We are pleased to report that the Historic and Cultural Sites Review Committee on February 4, 1981 approved the nomination to the National Register of your property known as the M[lford Union Pacific Depot. 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. National Register guidelines allow you thirty days 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: Millon C. Abrams. Chairman • Theron H. Luke • Ted J. Warner • Elizabeth Montague • Thomas G. Alexander Delio G. Dayton • Wayne K. H into~ • Helen Z. Papanikolas • David S. Monson • Elizabeth Griffith • William D . Owens |
