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RESOLUTION NO. 25 <br />SERIES 2014 <br />A RESOLUTION MODIFYING A PRESERVATION AND RESTORATION <br />GRANT FOR THE DI FRANCIA SALOON LOCATED AT 740 FRONT STREET <br />WHEREAS, the City of Louisville approved a Preservation and Restoration Grant <br />request for the commercial structure located at 740 Front Street, on property legally described <br />as Lot 1, Block B, Original Louisville, City of Louisville, State of Colorado, known as the Di <br />Francia Saloon, on February 4, 2014; and <br />WHEREAS, the grant approval required the applicant to expend at least $100,000 in <br />matching funds; and <br />WHEREAS, the City of Louisville has received a request to modify the grant approval, to <br />allow past expenditures as a credit against the match requirement, in compliance with <br />Resolution No. 2, Series 2014; and <br />WHEREAS, the Staff and the Louisville Historic Preservation Commission have <br />reviewed the applications and found them to be in compliance with Chapter 3.20.605.D of the <br />Louisville Municipal Code; and <br />WHEREAS, the Louisville Historic Preservation Commission has held a properly noticed <br />public hearing on the proposed grant modification and has recommended the request be forwarded <br />to the Louisville City Council with a recommendation of approval; and <br />WHEREAS, the City Council has duly considered the proposed preservation and <br />restoration grant modification and the Commission's recommendation and report, and has held a <br />properly noticed public hearing on the application; and <br />WHEREAS, the requests comply with the standards set by City Council in Resolution <br />No. 2, Series 2014; and <br />WHEREAS, the City Council finds the proposed modification will assist in the <br />preservation of the Di Francia Saloon, a local historic landmark and further the goal of <br />preserving the historic character of Downtown Louisville. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />LOUISVILLE, COLORADO: <br />1. The Di Francia Saloon shall be allowed a credit of $14,010.99 against the <br />required matching funds for the Preservation and Restoration Grant approved <br />February 4, 2014. <br />Resolution No. 25, Series 2014 <br />Page 1 of 2 <br />