FOR IMMEDIATE RELEASE:  Jan. 8, 2007
CONTACT:  Kate Divis, (605) 773-6005

State Historical Society board approves property tax moratorium applications

PIERRE, S.D. — The South Dakota State Historical Society board of trustees recently approved 23 applications for the eight-year state historic preservation property tax moratorium for restoration and rehabilitation made to historic buildings. The projects meet the U.S. Secretary of the Interior’s “Standards for Rehabilitation.”

“These approvals are significant because if an historic building qualifies for the tax benefit, an eight-year delay is placed on the property tax assessment of any certified improvements,” said Jay D. Vogt, State Historic Preservation Officer. “Property tax assessments may not be increased due to certified rehabilitation of the building.”

For more information on how to qualify for the state historic preservation property tax moratorium, contact the State Historical Society at (605) 773-6005.

Following is a list of the sites approved for the tax moratorium 

Brookings County:

·     725 5th Street, Brookings

Brown County:

·     Milwaukee Road Depot, 1 North Main Street, Aberdeen

Brule County:

·     Morrison Residence, 624 Main Street, Pukwana

Codington County:

·     Minneapolis & St. Louis Railroad Depot, 168 North Broadway, Watertown

Fall River County:

·     Minnekahta Block, 603 North River Street, Hot Springs

Lawrence County:

·     The Gallows, 12 Lee Street, Deadwood

·     22 Denver Avenue, Deadwood

·     18 Washington Street, Deadwood

·     Carter House, 102 Charles Street, Deadwood

·     Franklin Hotel, 700 Main Street, Deadwood

·     Lown Building, 701-707 5th Street, Spearfish

Lincoln County:

·     Isakson Home, 504 East 3rd Street, Canton

·     Kennedy Mansion, 903 North Dakota Street, Canton

Minnehaha County:

·     Tuthill Lumber Company Building, 311 East 8th Street, Sioux Falls

·     Standard Oil Company Garage, 512 North Main Avenue, Sioux Falls

·     Howe Building/KSOO Radio Station, 317-321 South Phillips Ave., Sioux Falls

·     Parker Building, 313-317 North Main Avenue, Sioux Falls

·     Traditions, 320 South Phillips Avenue, Sioux Falls

·     Sproesser Jr. House, 1220 South Main Avenue, Sioux Falls

·     High Grove/Laird Hall, 101 West 18th Street and 1001-1005 South Phillips Avenue, Sioux Falls

·     Dell Rapids Opera House/The Grand, 425-427 East 4th Street, Dell Rapids 

Pennington County:

·     730 South Street, Rapid City

Yankton County:

·     River Rose Hotel/Yankton Bank, 214 West 3rd, Yankton