Historical Soc YMCA 125 W. 9thThe Historical Division of the Department of Cultural Affairs
STATE HISTORICAL SOCIETY OF IOWA
Where past meets future
American Gothic House
Eldon
RE:
Blood Run NHL
Larchwood
Centennial Building
Iowa City
Matthew Edel Blacksmith Shop
Marshalltown
Abbie Gardner Cabin
Amolds Park .
Iowa Historical Building
Des Moines
Montauk Governor's Home
Union Sunday School
Clermont Museum
Clermont ·
Plum Grove Governor's Home
Iowa City
Tooksboro Indian Mounds
Toolesboro
Western Historic Trails Center
Council Bluffs
February 18, 2002
The Honorable Terry Duggan
Mayor
50W. 13th Street
Dubuque, IA 52001-4864
Dubuque Young Men's Christian Association Building, 125 W. Ninth
Street, Dubuque, Dubuque County
Dear Mayor Duggan:
We are pleased to inform you that the above named property, which is
located within your community, was listed in the National Register of Historic
Places effective January 31, 2002.
Listing in the National Register provides the following benefits:
Consideration in the planning for Federal, federally licensed,
and federally assisted projects. Section 106 of the National
Historic Preservation Act of 1966 requires Federal agencies
allow the Advisory Council on Historic Preservation an
opportunity to comment on projects affecting historic properties
listed in the National Register. For further information please
refer to 36 CFR 800.
Eligibility for Federal tax benefits. If a property is listed in the
National Register, certain Federal tax provisions may apply.
The Tax Reform Act of 1986 revises the historic preservation
tax incentives authorized by Congress in the Tax Reform Act of
1976, the Revenue Act of 1978, the Tax Treatment Extension
Act of 1980, the EconomicRecovew Tax Act, of 1981, and Tax
Reform Act of 1984, and as of January 1, 1987, provides for a
20 percent investment tax credit with a full adjustment to basis
for rehabilitating historic commercial, industrial, and rental
residential buildings. The former 15 percent and 20 percent
investment Tax Credits (ITCs) for rehabilitations of older
commercial buildings are combined into a single 10 percent ITC
for commercial or industrial buildings built before 1936. The
Tax Treatment Extension Act of 1980 provides Federal tax
deductions for charitable contributions for conservation
purposes of partial interests in historically important land areas
or structures. For further information please refer to 36 CFR 67
and Treasury Regulation Sections 1.48-12 (ITCs) and 1.170A-
14 (charitable contributions).
IOWA HISTORICAL BUILDING
600 East Locust · Des Moines, Iowa 50319-0290
Phone: (515) 281-6412 · Fax: (515) 242-6498 or (515) 282-0502
www. uiowa.edu/"shsi/index.htm
The Honorable Terry Duggan
Mayor
February 18, 2002
Page 2
Consideration of historic values in the decision to issue a
surface coal mining permit where coal is located, in accord with
the Surface Mining and Control Act of Z977. For further
information, please refer to 30 CFR 700 et seq.
Qualification for Federal and State grants for historic
preservation when funds are available,
Eligibility for State Tax Credits for rehabilitation. Properties listed on
the National Register, eligible for listing on the National Register or
Barns constructed before 1937 are eligible to apply for a 25 percent
state tax credit for rehabilitation. The cost of a 24-month qualified
rehabilitation project would exceed either $25,000 or 25 percent of the
fair market value for a residential property or barn less the land before
rehabilitation. For commercial properties, the rehabilitation project
would exceed 50 percent of the assessed value of the property less the
land before rehabilitation - whichever is less. The State Historic
Preservation office must approve the rehabilitation work before an
amount of tax credits will be reserved for your project. There are
limited credits available each year, so let us know if you want the
application information.
Should you have any questions about the National Register of Historic Places,
tax incentives, or about this nomination in particular, please feel free to
contact me by telephone at 515-281-4137 or by e-mail at
beth.foster@dca.state.ia.us. If you have questions regarding grants, please
contact Cynthia Nieb at 515-281-8754 or cynthia.nieb@dca.state.ia.us.
Sincerely,
Elizabeth Foster, Tax Incentive Programs Manager/
National Register Coordinator