Historic Preservation Commission Agenda and Packet 2021 01 25

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4. The reasonable projected cost of Unknown If the Historic Preservation restoration or repair.* Commission authorized the requested HSA, additional evaluation could occur to determine a scope of work and cost estimates to preserve the home. * In considering the condition of the building and the projected cost of restoration or repair as set forth in subsections H.3 and H.4, above, the commission may not consider deterioration caused by unreasonable neglect. RECOMMENDATION: LMC Sec. 15.36.200 notes that the purpose of demolition review is to: 1. Prevent loss of buildings that may have historic and architectural significance; and 2. Provide the time necessary to initiate designation as an individual landmark or to consider alternatives for the building. Staff finds that the property could meet the criteria for architectural significance, integrity and age and could potentially qualify for landmarking. Based on evaluation of the criteria in LMC Sec. 15.36.200, the HPC may release the permit, or place a stay on the application for up to 180 days from the date of application, which was December 30, 2020. A 180 day stay would expire on June 28, 2021. Staff recommends the Historic Preservation Commission issue a 120 day stay, expiring on April 29, 2021, giving the applicant time to research alternatives to demolition as well as pursue a historic structure assessment, if approved by the Historic Preservation Commission. HISTORICAL SIGNIFICANCE ANALYSIS AND CRITERIA FOR FINDING PROBABLE CAUSE FOR LISTING AS LOCAL LANDMARK: Under Resolution No. 2, Series 2014, a property may be eligible for reimbursement for a historic structure assessment (HSA) from the Historic Preservation Fund (HPF) if the Historic Preservation Commission finds "probable cause to believe the building may be eligible for landmarking under the criteria in Louisville Municipal Code 15.36.050." Further, "a finding of probable cause under this Section is solely for the purposes of action on the pre-landmarking building assessment grant request, and such finding shall not be binding upon the HPC, City Council or other party to a landmarking hearing." Staff has found probable cause to believe this application complies with the following criteria: Sec. 15.36.050. - Criteria for Designation Criteria Meets Evaluation Criteria? A. Landmarks must be at least 50 years Yes The principal structure at 832 old and meet one or more of the criteria Parkview Street was constructed in for architectural, social or 1935. It is 86 years old. geographic%nvironmental significance as described in this chapter.