Resolution 2018-60 - Laserfiche WebLink

Home Browse Search

d Except as noted below, to be considered for incentives funding, the owner must complete an application and submit it to the HPC, together with sufficient building plans, if appropriate. Applications may be submitted at any time. Applications shall initially be reviewed by HPC staff, followed by a recommendation to the HPC The HPC shall make a recommendation to City Council for final action Any recommendation by the HPC may be to grant some, all or none of the requested incentives. If the HPC recommendation is to grant the requested incentives in whole or part, it shall also forward recommendations regarding the terms of an agreement which must be met for receipt of the incentives. Priority shall be given to requests for loans, then rebates, then grants. All recommendations are subject to approval, rejection and/or modification by City Council, and City Council may return recommendations for further information or review All incentives are subject to budgetary requirements and considerations, including review of amounts currently and foreseeably available in the HPF and appropriation in the discretion of City Council Additions to existing structures may qualify for incentives if so recommended by the HPC and approved by City Council Any incentive provided for properties in the City outside of Old Town Louisville, including loans, rebates, or grants, must be approved by not less than five members of City Council Section 4. Section 4 of Resolution No 20, Series 2009 is hereby amended to read as follows (words added are underlined, words deleted are s# i ): a. The purchase of historic properties or properties which contribute to the character of historic Old -Town Louisville. These properties, if eligible, shall be Iandmarked pursuant to Louisville Municipal Code Chapter 15 36 and if not eligible, shall have a conservation easement placed upon them to preserve the outside appearance of the structure or other historical attributes of the structure or site. Prior to the purchase of any property, a financial risk analysis shall be conducted, although City Council may base its approval on considerations other than financial The City may perform any restoration or rehabilitation work necessary on properties the City acquires, subject to availability of funds therefor, and may then sell the properties unless retained for a municipal purpose. A conservation easement for historic preservation purposes may be placed on the property prior to or in connection with any sale. Any loss and any costs resulting from the acquisition, rehabilitation and sale of the property shall be charged to the HPF, while any profits shall be deposited to the HPF, and b The purchase of conservation easements to protect the appearance of structures that contribute to the character of historic Old -Town Louisville. Easements funded by the City may be held solely by the City or jointly with another governmental entity or a third -party non-profit preservation organization Section 5. Resolution No 20, Series 2009 is hereby amended by the addition of a new Section 6, to read as follows: Resolution No. 60, Series 2018 Page 4 of 6