Historic Preservation Commission Agenda and Packet 2018 10 15

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recommends that the grant be limited to $20,000, the grant maximum. The remaining portions of the project may be eligible for loan funding and staff would encourage the applicant to explore that option in lieu of the full grant request if additional funds are needed to complete the project. FISCAL IMPACT: The applicant's request would have an expenditure of up to $57,515 from the Historic Preservation Fund. Staff's recommendation would be a $20,000 expenditure, or $37,515 less than the applicant's proposal. The balance of the Historic Preservation Fund, as of September 30, 2018, was $2,065,345.59. RECOMMENDATION: Landmarking The 2000 historic survey found the property locally significant as follows: This house is historically significant, relative to National Register Criterion A, for its associations with the DiSalvo family, and with residential development in Louisville during the first half of the twentieth century. The property is also historically significant for its representation of this Louisville neighborhood's ethnic Italian heritage. The building is architecturally significant because it is one of the community's best examples of a wood frame side gabled dwelling, dating from the early 1900s. For these reasons, this property is eligible for individual listing in the National Register of Historic Places under Criteria A and C. The structure at 1021 Main has maintained its exceptional form since at least 1948, giving it architectural significance. It is also has social significance because it was associated with coal mining and Italian immigrants. Staff finds that the property is eligible to be landmarked. Staff recommends that the house be named for the DiSalvo Family who were longtime owners of the property. Therefore, the staff recommends that the structure be landmarked by approving Resolution No. 06, Series 2018. Alteration Certificate The proposed changes to the existing structure, and the proposed new construction, are both compatible with the historic character of the property and comply with the requirements of the LMC. Staff recommends approval of the alteration certificate request by approving Resolution No. 07, Series 2018. Grant The grant request includes rehabilitating the existing structure. The proposed changes will facilitate the continued preservation of the structure, and are historically compatible. Staff finds the scope of work does not meet the criteria of being an "extraordinary circumstance" in Resolution No. 2, Series 2012 to exceed the maximum grant amounts.