This presentation will discuss how one city worked to remove derelict houses from a prime tourist location through a novel rezoning agreement with landowners. Prior to the rezoning agreement, landowners were disincentivized from tearing down derelict buildings due to an increased assessment occurring on their property now that it was considered vacant commercial land even though these properties were intended to be assessed as residential. The rezoning agreements helped the landowners avoid these unintended increased assessments, while also helping the city remove derelict buildings.
