Sec. 216.009. COMPENSATION FOR REMOVAL OF ON-PREMISE SIGN. For an on-premise sign that is required to be removed, the compensable cost is an amount computed by determining a reasonable balance between the original cost of the sign, less depreciation, and the current replacement cost of the sign, less an adjustment for the present age and condition of the sign.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Structure Texas Statutes
Title 7 - Regulation of Land Use, Structures, Businesses, and Related Activities
Subtitle A - Municipal Regulatory Authority
Chapter 216 - Regulation of Signs by Municipalities
Subchapter A. Relocation, Reconstruction, or Removal of Sign
Section 216.001. Legislative Intent
Section 216.003. Municipal Regulation
Section 216.004. Municipal Board
Section 216.005. Determination of Amount of Compensation
Section 216.006. Compensation for Relocated Sign
Section 216.007. Compensation for Reconstructed Sign
Section 216.008. Compensation for Removal of Off-Premise Sign
Section 216.009. Compensation for Removal of On-Premise Sign
Section 216.010. Method of Compensation
Section 216.011. Tax Appraisal of Property With Nonconforming Sign
Section 216.012. Special Provisions for Signs Under Sign Ordinance in Effect on June 1, 1985