January 09, 2013

Landmarks See Funding Opportunity

By Emily Toy

The Town of Southampton's Landmarks and Historic Districts Board announced in a press release last Friday the launching of the Landmarks Maintenance Program, in an effort to have owners of historic structures designate them as landmarks.

The program will offer funding opportunities to maintain the survival of the town's historic resources.

Spearheaded by Councilwoman Bridget Fleming and the LHDB's chair Sally Spanburgh, the program pushes to preserve the town's 2000 historic structures, many of which are threatened by neglect or deferred maintenance, according to the release.

About $20,000 may be awarded annually to owners of designated town landmarks who qualify for the town's STAR and enhanced STAR exemption certification system for the 2012-2013 school year. The enhanced or basic STAR exemption is the amount that any given assessment will be reduced prior to the levy of school taxes.

Since its certification dated last April, the Town of Southampton has an enhanced exemption of $122,240 and a basic exemption of $58,960, based of the New York State's Department of Taxation and Finance.

Applications will be made available on February 1 on the town's website, with a deadline of October 4. Awards will be announced in early January of next year.

Tax-deductible donations to the fund are welcome to help ensure the long-term sustainability of the program, and allow for larger sums to be awarded in the future.


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