HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 02/15/2000 - RESOLUTION 2000-40 STATING THE CITYS INTENT TO NOT AGENDA ITEM SUMMARY ITEM NUMBER: 30
DATE: February 15, 2000
FORT COLLINS CITY COUNCIL STAFF:
Carol Tunner
SUBJECT:
Resolution 2000-40 Stating the City's Intent to Not Act as a Reviewing Entity for the Colorado
Historic Preservation Income Tax Credit for Qualifying Historic Rehabilitation Projects Under
Colorado House Bill 90-1033 (CRS 39-22-514).
RECOMMENDATION:
The Landmark Preservation Commission and staff recommend adoption of the Resolution. -
EXECUTIVE SUMMARY:
As a Certified Local Government, Fort Collins has the opportunity each year to choose to be a
reviewing entity for the Colorado Historic Preservation Income Tax Credit during the next calendar
year. The City Council must adopt a resolution stating whether or not it intends to take on this
10 responsibility in the next year.
Fort Collins became a Certified Local Government in 1991 when the Colorado Income Tax Credit
was instituted,but didn't take on the reviewing entity function for this program until 1995. For three
years, the Landmark Preservation Commission was the reviewing entity and performed design
review on qualifying historic rehabilitation projects for the Colorado Income Tax Credit. They
declined the review in 1998 and 1999.
On January 26,2000 the Landmark Preservation Commission discussed this function and made the
decision to recommend that the City decline the reviewing entity function for the Colorado Historic
Preservation Income Tax Credit in 2000. The basis for the recommendation to not act as reviewing
entity for the next year is twofold:First,the staff resources needed to administer the State's program
has steadily grown as the tax credits have become more popular, and as a result has taken staff
resources away from other, higher priority local preservation activities. Secondly, the Tax Credit
Program contains some requirements which the City has no control over,but yet has created discord
for both the City and applicants. The Landmark Preservation Commission and City staff believe
that the "costs" outweigh the "benefits" of continuing to assume the review authority.
The reviewing entity function will be performed by the Colorado Historical Society staff for the 2000
calendar year and the program will still be available to Fort Collins' citizens.
. RESOLUTION 2000-40
OF THE COUNCIL OF THE CITY OF FORT COLLINS, COLORADO,
STATING THE CITY'S INTENT TO NOT ACT AS A REVIEWING
ENTITY FOR THE COLORADO HISTORIC PRESERVATION INCOME
TAX CREDIT FOR QUALIFYING HISTORIC REHABILITATION
PROJECTS UNDER COLORADO HOUSE BILL 90-1033 (CRS 39-22-514)
WHEREAS, Colorado House Bill 90-1033 (CRS 39-22-514)was signed into law April 20,
1990, establishing rehabilitation tax credits for historic structures throughout the state; and
WHEREAS,Fort Collins,as a Certified Local Government pursuant to the provisions of 16
U.S.C. Section 470a(c)(1), as amended, is eligible to review such rehabilitation tax credit projects
as reviewing entity as defined by CRS 39-22-514(12)(1); and
WHEREAS, the provisions of CRS 39-22-514(10)(a) require that each Certified Local
Government must annually adopt a Resolution stating whether such Certified Local Government will
act as a reviewing entity during the following twelve (12) months; and
WHEREAS, the Fort Collins Landmark Preservation Commission, as the City of Fort
Collins'official review board for historic resources,has recommended declining the reviewing entity
function for the Colorado Historic Preservation Income Tax Credit and keeping this function with
the Colorado Historical Society for the calendar year 2000.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS,that the City of Fort Collins,through Fort Collins' Landmark Preservation Commission,
hereby declines to act as a reviewing entity for the purposes of subsections(3)and(6)of CRS 39-22-
514 for calendar year 2000.
Passed and adopted at a regular meeting of the City Council held this 15th day of February,
A.D. 2000.
Mayor
ATTEST:
City Clerk
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