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Historic Preservation Commission <br />Meeting Minutes <br />21 December 2020 <br />Page 2 of 14 <br />• Create a grant option for residential conservation easements. <br />• Increase residential grant amounts from $40,000 to $55,000. <br />• Allow the City to request two or more bids for work covered by Extraordinary <br />Circumstances Grant. <br />Zuccaro noted that the suggested change regarding Extraordinary Circumstances was more of <br />an add -on recommendation for change and was not directly relevant to Resolution 30. <br />Zuccaro continued by describing the integrity and significance of the 601 Lincoln property, which <br />was on the City's priority list for preservation and was one of two cottage -style structures in <br />Louisville. The historic residents had owned the State Mercantile building and other businesses, <br />constituting social significance. Zuccaro noted that the current property owners wanted to make <br />a modern addition to the home, but were also interested in preserving part of the original <br />structure. Zuccaro stated that the Commission had approved one conservation easement for the <br />Rex Theatre building, which had included a non -matching grant of $60,000 to rehabilitate the <br />historic facade. <br />Zuccaro discussed Section 5 and Section 13 of Resolution 17, Series 2019, which allowed for <br />the purchasing of a conservation easement and which also included a grant program for <br />downtown commercial buildings for up to $50,000. Given that 601 Lincoln was a residential <br />structure, he explained that the Commission could make an outright purchase of an easement <br />or they could consider approving Resolution 31 if they wanted to provide funds in the form of a <br />grant. Zuccaro then described the project plans for 601 Lincoln Avenue, clarifying that the staff <br />report had included out-of-date elevations. <br />Zuccaro described the difference between the Landmark Designation and the Front Facade <br />Preservation in the Code, noting that there were zoning incentives for both. However, for the <br />Front Facade Preservation Bonus, there was not requirement to preserve the facade, whereas a <br />landmark required an Alteration Certificate for any changes to the structure. Zuccaro stated that <br />it could be possible to combine the two options so that structures under conservation <br />easements were preserved in perpetuity. He observed that an easement could work for <br />situations in which a larger or addition, or one that was not appropriately subordinate to the <br />historic structure, made a property ineligible for landmarking. He noted that staff would still <br />prefer a subordinate connector with a larger addition in the back in those cases. <br />Zuccaro shared the basics of the grant request for $30,000, which the Commission could <br />approve as a matching grant or an outright purchase, to fund the following categories of work: <br />• Foundation and Crawl Space Repair: $5,000 <br />• Roof and Rafter Repair: $5,000 <br />• Exterior Finishes, Including Siding, Trim, and Front Porch Restoration: $12,500 <br />• Window and Door Replacement: $7,500 <br />Klemme asked about property rights under residential conservation easements. <br />Zuccaro replied that the easement would be a formal, legal document that would run with the <br />property and would make it so that the homeowner could not alter that part of the property. He <br />likened it to a trail along someone's property line. <br />2 <br />