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to encourage landmark designations and rehabilitation of historic properties in the City of Louisville; and WHEREAS, City Council by Resolution No. 17, Series 2019 merged pervious administrative provisions for grants, incentives and loans into a single resolution; and WHEREAS, the City Council desires to amend Resolution No. 17, Series 2019 related to the available grant amounts for Historic Structure Assessments; and WHEREAS, a core value of the City in the 2013 Comprehensive Plan promotes: "A Connection to the City's Heritage ... where the City recognizes, values, and encourages the promotion and preservation of our history and cultural heritage, particularly our mining and agricultural past." and enhancing the allowed historic preservation incentives strengthens the City's connection to its heritage; and WHEREAS, a second core value of the City in the 2013 Comprehensive Plan promotes: "Unique Commercial Areas and Distinctive Neighborhoods ... where the City is committed to recognizing the diversity of Louisville's commercial areas and neighborhoods by establishing customized policies and tools to ensure that each maintains its individual character, economic vitality, and livable structure." and expanding the allowed historic preservations incentives will promote and strengthen the unique individual character of Louisville. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LOUISVILLE, COLORADO: Section 1. Sections 7 and 12 of Resolution No. 17, Series 2019 are hereby amended and renumbered as follows (old text in strike through and new text underlined). Section 7. Grant program to conduct structural assessments of eligible structures: Prior to any structure being declared a landmark pursuant to Chapter 15.36 of the Louisville Municipal Code, Of the establishment of a conservation easement, or approval of grants for preserving, restoring, rehabilitating, or protecting a landmark roperty, the property will undergo a building assessment to develop a preservation plan to establish priorities for the maintenance of the property. a. At a regular meeting, the Commission shall review the building history, application, and other relevant information to determine whether there is probable cause to believe the building may be eligible for landmarking under the criteria in § 15.36.050 of the Louisville Municipal Code. If probable cause is not found by the Commission, a building assessment grant will not be issued. If probable cause is found by the Commission, the owner of the property shall be eligible for a building assessment grant in an amount up to $4,000 $7,500 for Resolution No. 24, Series 2025 Page 2 of 4