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RESOLUTION NO. XX <br />SERIES 2019 <br />A RESOLUTION AMENDING RESOLUTIONS NO. 21, SERIES 2016, NO. 4, SERIES <br />2014, NO. 2, SERIES 2014, NO. 2, SERIES 2012, AND RESOLUTION NO. 20, SERIES <br />2010 WHICH ESTABLISHED INCENTIVES AND A REVOLVING LOAN PROGRAM <br />FROM THE HISTORIC PRESERVATION FUND TO ENCOURAGE LANDMARK <br />DESIGNATIONS AND PRESERVATION OF HISTORIC RESIDENTIAL AND <br />COMMERCIAL PROPERTIES IN THE CITY OF LOUISVILLE <br />WHEREAS, historic properties and buildings of character in the City of Louisville (the <br />"City") are major contributors to the character and quality of life of our City; and <br />WHEREAS, the City Council, pursuant to the City Charter, established a Historic <br />Preservation Commission to assist it in the preservation and landmarking of these properties; and <br />WHEREAS, when properties are locally landmarked they are preserved for future <br />posterity and enjoyment and continue to contribute to the unique character of the City; and <br />WHEREAS, at the November 4, 2008 election, the voters approved Ballot Issue 2A to <br />levy a one- eighth of one percent (1/ 8%) sales tax for purposes of historic preservation purposes <br />within Historic Old Town Louisville through December 31, 2018; and <br />WHEREAS, at the November 7, 2017 election, the voters approved a Ballot Issue 2F, <br />which extended the expiration date of the temporary sales tax of one -eighth of one percent for <br />historic preservation from December 31, 2018 to December 31, 2028; and <br />WHEREAS, City Council by Ordinances No. 1544, Series 2008 and No. 1743, Series <br />2017 imposed the tax approved by the voters, established the Historic Preservation Fund, and <br />codified the financial incentives set forth within Ballot Issues 2A (2008), 2D (2010), and 2F <br />(2017); and <br />WHEREAS, the City Council by Resolution No. 20, Series 2009, Resolution No. 20, <br />Series 2010, Resolution No. 2, Series 2012, Resolution No. 4, Series 2014, Resolution No. 16, <br />Series 2014, and adopted provisions related to the administration and uses of HPF, and <br />established grant programs, loan programs, and incentives to assist property owners in the <br />rehabilitation and restoration of historic properties and new buildings of character; and <br />WHEREAS, a core value of the City in the 2013 Comprehensive Plan promotes: "A <br />Connection to the City's Heritage ... where the City recognizes, values, and encourages the <br />promotion and preservation of our history and cultural heritage, particularly our mining and <br />agricultural past" and enhancing the allowed historic preservation incentives strengthens the <br />City's connection to its heritage; and <br />WHEREAS, a second core value of the City in the 2013 Comprehensive Plan promotes: <br />" Unique Commercial Areas and Distinctive Neighborhoods ... where the City is committed to <br />recognizing the diversity of Louisville's commercial areas and neighborhoods by establishing <br />customized policies and tools to ensure that each maintains its individual character, economic <br />1 <br />