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BACKGROUND <br />The applicant, BLT Enterprises (Jacque Blanchard), has applied for a Historic Landmark <br />determination for 817 Main Streetconsistent with requirements within Sec. 3.20.605.(c), <br />of the Louisville Municipal Code (LMC) and is seeking Historic Preservation Funds to <br />assist in the reconstruction of the building’sfront façade. Even though the owner has <br />submitted an application for a landmark, his intent is to request a conservation <br />easement for the front façade rather than a landmark of the entire building. <br />The LMC states a conservation easement may only be accepted after a building has <br />been deemed ineligible as a landmark. Furthermore, Section 15.36.060of the LMC, <br />requires owners consentbefore a building can be landmarked. <br />Staff has attached a copy of a conservation easement drafted by the City Attorney. The <br />conservation easement designates the false front as being theonly element protected <br />by the easement. The attached exhibit illustrates the proposed façade improvements <br />which were delineated in the final planned unit development (PUD) planand approved <br />by City Council on January 4, 2011. <br />The applicant has requestedto have some flexibility on being able to maintain the false <br />front without the need of an alteration certificate. To accommodate this request, staff <br />has included performance standards in the conservation easement which will allow for <br />minor modifications,such as painting. <br />CONSERVATION EASEMENT: <br />Because this would be the first conservation easement considered by the City of <br />Louisville, staff wanted to take this time to provide some insight into what a conservation <br />easement does. The following are frequently asked questions regarding Conservation <br />Easements: <br />1. What Is A Conservation Easement? <br />A conservation easement is a legal agreement a property owner makes to restrict the <br />type and amount of development that may take place on his or her property.Each <br />easement’s restrictions are tailored to the particular property and to the interests of <br />the individual owner. <br />An easement runs with the land therefore, once the easement becomes effective, the <br />current owner and all subsequent owners are bound by the restrictions of the <br />easement. An easement is recorded at the county courthouse and attached to the <br />property deed so there is a public record of what the easement says and so all future <br />owners and lenders will learn about the restrictions when they obtain title reports. <br />2. Can Easements Be Used To Protect Historic Structures? <br />Easements can be used to protect historic structures. Typically such easements <br />protect only the outside of a building and are called “Facade Easements”.Such a <br />restriction maintains the historic appearance of the building. <br />2 <br />