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City Council Meeting Minutes October 7, 2014 Page 5 of 27 1908 and was used as a jewelry store and residence by the Pearson family; a grocery store and residence by the Biella family and a Laundromat and residence by the Lombardi family. The building was constructed around 1900, and has maintained integrity. The building also represents an important commercial style. Staff has found this application complies with the above criterion by the following: Architectural and Social Significance. Staff suggested the house be named for the Pearson family who operated the first known store from the building. Grant Request: Signing bonus $10,000; Landmark Commercial /Flexible grant $65,000; new construction grant $75,000, for a total of $150,000. Fiscal Impact: Expenditure of up to $150,000 from the Historic Preservation Fund for work at 927 Main Street. Staff Recommendation:_ Staff recommended City Council approval of Resolution No. 57, Series 2014, the PUD and SRU. Staff also recommended City Council approve Resolution No. 58, Series 2014, the landmark request, and Resolution No. 59, Series 2014, the grant request, with no conditions. COUNCIL COMMENTS Council member Stolzmann noted in the drawing there are gross square footage and basement square footage. She inquired about the total square footage of the building. Planner II Robinson explained the basement square footage is not counted if it is more than 50% below grade. He calculated the total square footage of the building to be 2,650 SF. Council member Stolzmann referred to the Louisville Municipal Code's definition of floor ratio. Planning and Building Safety Director Russ explained staff's administrative process whereby a walkout basement is counted, but a non - walkout basement is not counted in the total square footage. APPLICANT PRESENTATION Andy Johnson, d /b /a DAJ Design, 922A Main Street, Louisville, CO represented the owners, Mark and Jacqueline Zaremba, on the 927 PUD, SRU and historic landmarking commercial and new construction grant requests. The Zaremba's purchased the property in the late 1990's and operate businesses in the downtown area. He presented images of the Historic Store Front at 927 Main Street and the various changes to the building over the years. He stated the building probably changed the most when it became a Laundromat. He reviewed the three compelling reasons for Council to consider the request for 927 Main Street: 1) It preserves an historic building; 2) It is at the northern gateway to the downtown area; and 3) It is a strong contributing building to the character of historic downtown Louisville. He explained the intended use of the building is retail, which will support the downtown area. The existing structure is