[Adopted effective 8-1-1983]
A. 
Pursuant to § 12-127a of the Connecticut General Statutes, it is hereby found that the structures located on real property at 70 Main Street, Ellington, Connecticut, owned by the Ellington Historical Society, Inc., are of historical or architectural merit.
B. 
Further, it is hereby found that real property taxes on the Grand List of October 1, 1981, payable January 1, 1983, and on the Grand List of October 1, 1982, payable on July l, 1983, and January 1, 1984, assessed against said real property are a material factor which threatens the continued existence of the structures located on said real property, necessitating either their demolition or remodeling in a manner which destroys their historical or architectural value.
Said real property taxes are hereby abated; provided, however, that if after such abatement such structures are demolished or remodeled in a way which destroys their architectural or historic value, the then owner shall pay to the Town an amount equal to the total amount of taxes which have been abated.