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RESOLUTION NO. 20, SERIES 2010 A RESOLUTION ESTABLISHING ADDITIONAL INCENTIVES FOR THE HISTORIC PRESERVATION FUND TO ENCOURAGE LANDMARK DESIGNATIONS OF HISTORIC PROPERTIES IN THE CITY OF LOUISVILLE WHEREAS, historic properties in the City of Louisville (the "City") are a major contributor to the character and quality of life of our City; and, WHEREAS, the City Council, pursuant to the City Charter, established a Historic Preservation Commission to assist it in the pmservation and landmarking of these properties; and, WHEREAS, when properties are locally landmarked they are preserved for future posterity and enjoyment and continue to contribute to the unique character of our City; and WHEREAS, at the November 4, 2008 election, the voters approved a ballot issue to levy one-eighth of one percent (1/8%) sales tax for purposes of historic preservation purposes within Historic Old Town Louisville; and, WHEREAS, City Council by Ordinance No. 1544, Series 2008, imposed the tax approved by the voters and established the Historic Preservation Fund; and WHEREAS, the City Council by Resolution No. 20, Series 2009, created provisions related to the administration and uses of the Historic Preservation Fund; and WHEREAS, Resolution No. 20, Series 2009, authorizes the creation of grants pro9rams to assist property owners in the rehabilitation and restoration of historic properties; NOW, THEREF'ORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LOUISVILLE, COLORADO: In order to facilitate the implementation of Resolution 20, Series 2009, the following provisions shall be enacted: Section 1. Incentive program to encourage owners of historic homes to seek landmark designations: