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In 2002, the Downtown Business Associations launched the Street Faire, a series of concerts held <br />downtown on summer Friday nights that were free and open to the public. The response was incredible, <br />drawing at first hundreds and later thousands of residents and visitors to the downtown. This success <br />supported the idea that arts events could be not only community building, but also an economic catalyst <br />for the City of Louisville. <br />In the wake of the successful Street Faires, new retail businesses began to locate in Louisville's <br />downtown that were encouraged by the visibility the event provided. Among these important arts <br />anchors in downtown Louisville are Creative Framing Art Gallery, Walnut Gallery and Dana V Music. In <br />2009 a group of galleries and arts related businesses formed the Louisville Arts District and began <br />hosting a monthly First Friday Art Walk, which remains one of the most -recognized Louisville arts <br />activities by residents and visitors. <br />The City of Louisville has continued to invest in cultural resources in recent years. Renovations were <br />completed in the early 1990's on the former schoolhouse at Memory Square Park to make the space <br />more suitable for performances and visual arts. The space was officially renamed the Louisville Center <br />for the Arts in 2013.The facility has a capacity of 110 and includes a 1,300 square foot multi -purpose <br />room, restrooms, kitchenette, lobby and storage space. <br />The City of Louisville also partnered with the Downtown Business Association to convert the former <br />Steinbaugh Hardware storage shed into what is now the Steinbaugh Pavilion on Front Street in 2003. <br />This created an ongoing space suited for public performances and community events. <br />Construction projects have also allowed for the placement of public art and performance including the <br />stage and Sculpture Garden in Community Park and places for future artwork in the Davidson Mesa <br />underpass. The City has also supported the Louisville Art District in the instillation of murals in the <br />downtown along the newly -named Via Artista alley. <br />In 2013, the City hired its first full-time staff member dedicated to cultural arts and special events, the <br />Cultural Arts and Special Events Coordinator. <br />Regional Context <br />Colorado is known as an area rich in the arts. In 2015, National Endowment for the Arts study found that <br />Colorado ranks fifth among all states for concentration of artists. The State ranks first in the nation in <br />per capita trips to concert halls, theatrical performances and museums [Appendix 3]. <br />An important driving force behind Colorado's national reputation as a state that supports creative <br />industries was the 1988 creation of the Scientific and Cultural Facilities District. This voter -approved <br />measure allocates a dedicated sales tax of 1/101" of 1% to fund cultural facilities through the seven - <br />county Denver, Colorado metropolitan area (Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas <br />and Jefferson counties). In November 2016, voters approved the 3rd continuation of the earmarked SCFD <br />funding through 2030. <br />For many arts organizations in the region, SCFD funding makes up a significant portion of the <br />organization's overall budget, particularly the five major Denver -based Tier I institutions who each <br />receive $4.1 million-$8.7 million annually. Major funding also goes to organizations with a budget of <br />over $1.6 million annually who qualify for Tier II funding ranging $100k-$1.1 million annually. <br />The six Louisville -based organizations that received SCFD funding in 2016 did so through the Tier III <br />program, which distributes funds regionally by county. In 2016, Boulder County distributed $724,823 <br />4 <br />