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RESOLUTION NO. 43, SERIES 2008 <br />A RESOLUTION OF THE LOUISVILLE CITY COUNCIL DECLINING TO ACT AS A <br />REVIEWING ENTITY FOR THE STATE INCOME TAX CREDIT PROGRAM FOR <br />QUALIFYING REHABILITATION PROJECTS UNDER COLORADO HOUSE BILL <br />90-1033 (C.R.S. §39-22-514, AS AMENDED) <br />WHEREAS, Colorado House Bill 90-1033 (C.R.S. § 39-22-514, as <br />amended) was signed unto law April 20, 1990, establishing tax credits for historic <br />structures throughout the state; and <br />WHEREAS, the provisions of C.R.S. § 39-22-514 (10) (a) require that <br />each Certified Local Government adlopt a resolution stating whether such <br />Certified Local Government will act as a reviewing entity; and <br />WHEREAS, the City of Louisville and the Louisville Historic Preservation <br />Commission currently lack the resources to act as the reviewing entity for <br />rehabilitation projects. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF LOUISVILLE, COLORADO: <br />The City of Louisville hereby declines to act as a reviewing entity for the <br />purposes of subsections (3) and (6) of C.R.S. § 39-22-514 for calendar year <br />2009 and all subsequent years. <br />PASSED AND ADOPTED thus ~(o~h day of ,~~1e.~,6~r , 2008. <br />r ~,. <br />`~aoese• a'r <br />`tea ~ t~U r ~~ Cha s s ,Mayor <br />~T"~ a ~` <br />{ R H; ~r <br />M i <br />9 Q y/ <br />£ Z~ <br />CG <br />0 ? + _ N 5 -e ~tl <br />d 7 <br />., ih.: <br />~4' <br />Nancy Varr ,City Clerk <br />