City Council Minutes 2014 10 07 - Laserfiche WebLink

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City Council Meeting Minutes October 7, 2014 Page 4 of 27 2. RESOLUTION No. 58, SERIES 2014 — A RESOLUTION DESIGNATING THE PEARSON STORE AT 927 MAIN STREET A HISTORIC LANDMARK 3. RESOLUTION No. 59, SERIES 2014 — A RESOLUTION APPROVING A PRESERVATION AND RESTORATION GRANT AND NEW CONSTRUCTION GRANT FOR THE PEARSON STORE LOCATED AT 927 MAIN STREET Mayor Muckle explained the presentation will include all three resolutions. He opened the public hearing and requested a staff presentation. Planner II Robinson explained Resolution Nos.57, 58 and 59, Series 2014 are requests to allow a 556 SF addition and two residential units at 927 Main Street, to landmark the structure and to award a $150,000 Historic Preservation Grant. The site is located in Downtown Louisville on Main Street between Walnut and South Streets. The property is 3,741 SF and was platted as part of the Town of Louisville subdivision in 1890. The existing 1400 SF building has maintained a variety of uses since being constructed around 1900. Currently the front portion of the building is being used as an office and the rear portion is a residence. The proposed future use is commercial office or retail, for the building to be preserved and expanded at the front of the property, and two residential units in a new building at the rear of the property. The commercial uses are allowed by right in the Commercial Community (CC) zone district, and multi -unit residential requires a special review use (SRU). All development in the CC zone district requires the establishment of a Planned Unit Development (PUD), and all PUD's in Downtown Louisville must comply with the development regulations established in the Louisville Municipal Code (LMC) and the design standards outlined in the Downtown Design Handbook. The floor area and height of structures in Downtown are further regulated by the Downtown Framework Plan. The office portion is proposed to be retained and the residential portion is to be removed, with the new office addition to be constructed in its place and a new two story residential building constructed behind it. The combined office space will total 1,090 square feet. The applicant is also requesting landmark status for the portion of the building proposed to be retained, a $10,000 signing bonus, a $65,000 focused preservation grant for restoration work on the structure to be preserved, and a $75,000 new construction grant for the proposed commercial addition. Special Review Use: The Louisville Municipal Code lists five criteria to be considered by the Planning Commission in reviewing a Special Review Use application. Staff found each of the five criterion was met. Landmark Request: Records indicate the current structure has stood since at least