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Section 2. Grant program to conduct structural assessments of protected <br />structures: <br />a. Any structure that is declared a landmark pursuant to Chapter 15. 36 of the <br />Louisville Municipal Code, or which is declared a Structure of Merit by the <br />Historic Preservation Commission, shall undergo a building assessment to <br />develop a preservation plan to establish priorities for the maintenance of the <br />property. <br />b. For a period of 18 months from when a property is declared a landmark <br />pursuant to Chapter 15.36 of the Louisville Municipal Code, or declared a <br />Structure of Merit by the Historic Preservation Commission, the owner of the <br />property shall be eligible for a grant from the Historic Preservation Fund in the <br />amount of up to $900 for residential properties or up to $6,000 for commercial <br />properties. Such grants shall be used solely to offset a portion or all of the <br />cost of conducting a building assessment as described in this Section. <br />c. The assessment shall be conducted by a qualified consultant under contract <br />with the City, or by a qualified consultant of the owner's choosing. <br />d. An exception to the requirement for a building assessment may be granted by <br />the Historic Preservation Commission for good cause. <br />e. At the request of the owner of the property, grant funding for a building <br />assessment as described in this Section may be awarded prior to <br />landmarking in accordance with this Subsection e. Prior to receiving such a <br />grant, the property owner must request a building history be completed. An <br />HPC subcommittee consisting of a designated staff person and two randomly <br />selected members of the HPC shall review the social history and perform an <br />on-site inspection to determine whether the structure is preliminarily eligible <br />for landmarking. If the structure is deemed preliminarily ineligible by the HPC <br />subcommittee, a pre-landmarking building assessment grant will not be <br />issued. If the structure is deemed preliminarily eligible, the owner of the <br />property shall be eligible for a pre-landmarking building assessment grant in <br />an amount up to the limits set forth in this Section. Such grant shall be used <br />solely to offset a portion or all of the cost of conducting the building <br />assessment, and the amount awarded shall be deducted from the overall <br />grant amount available at the time of or as a result of landmarking. <br /> Section 2. Section 5 of Resolution No. 2, Series 2012 is hereby amended to <br />add a new subsection 5.e, reading as follows (words added are underlined): <br /> <br /> Section 5. Focused preservation and/ or restoration grants with matching <br />funding requirements: <br />a. In addition to being eligible for the grants listed elsewhere in this Resolution, a <br />property declared a landmark pursuant to Chapter 15.36 of the Louisville <br />2 <br /> <br />