HomeMy WebLinkAbout2006-117-11/21/2006-AGREEING TO ACT AS A REVIEWING ENTITY FOR PROPERTIES LOCATED WITHIN THE DOWNTOWN DEVELOPMENT AUTHORI RESOLUTION 2006-117
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 STATE INCOME TAX CREDIT PROGRAM
FOR QUALIFYING REHABILITATION PROJECTS
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 Revised Statute Section 39-22-514 establishes 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; 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 of Fort
Collins'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 that the Cityof Fort Collins through the Landmark gh 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 2007. The City will maintain the"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 un ' of the City of Fort Collins this 21 st
day of November, A.D. 2006. �—
i
Mayor
TTEST:
I.L h 1�,. .0 d
City Clerk