HomeMy WebLinkAbout2005-121-11/15/2005-AGREEING TO ACT AS A REVIEWING ENTITY FOR PROPERTIES LOCATED WITHIN THE DOWNTOWN DEVELOPMENT AUTHORI RESOLUTION 2005-121
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AGREEING TO ACT AS A REVIEWING ENTITY FOR PROPERTIES
LOCATED WITHIN THE DOWNTOWN DEVELOPMENT AUTHORITY
BOUNDARIES FOR THE COLORADO HISTORIC PRESERVATION
INCOME TAX CREDIT FOR QUALIFYING HISTORIC
REHABILITATION PROJECTS UNDER C.R.S. §39-22-54
WHEREAS, the Fort Collins Landmark Preservation Commission and the City Council
support the creation of incentives to assist in the preservation and protection of historically
significant resources; and
WHEREAS, Colorado House Bill 90-1033 (C.R.S. § 39-22-514, as amended) was signed
into law April 20, 1990, establishing tax credits for historic structures throughout the state; and
WHEREAS, the City of Fort Collins, as a Certified Local Government, pursuant to the
provisions of 16 U.S.C. § 470 (a) (C) (1), as amended, is eligible to review such rehabilitation tax
credit projects as a reviewing entity as defined by C.R.S. § 39-22-514 (12) (1); and
WHEREAS,the provisions of C.R.S. § 39-22-514 (10) (a)require that each Certified Local
Government adopt annually 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's official
review board for historic resources,endorses rehabilitation project reviews at the local level, which
provide an increased level of preservation service to our community.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FORT COLLINS as follows:
Section 1. That the City of Fort Collins, through the Landmark Preservation
Commission, hereby agrees to act as a reviewing entity for properties within the Downtown
Development Authority boundaries for the purposes of subsections(3)and(6)of C.R.S. §39-22-514
for calendar year 2001.
Section 2. That the City will maintain a"preservation fund" as required by C.R.S. § 39-
22-514 (11) (a), for use in administering the program and to provide information and education to
the community within the context of historic preservation.
Passed and adopted at a regular meeting of the Co 1 of the City of Fort Collins held this
15th day of November, A.D. 2005.
May
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City Clerk