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FISCAL IMPACT: <br />Approval of the grant request allows for a grant of up to $154,220 (staff recommendation) or <br />$162,446 (applicant's request) plus a $5,000 landmark incentive grant (unmatched). The <br />unencumbered fund balance is estimated at over $2M and the average income of the Fund over <br />the past two years is approximately $885,000, thus, staff finds there are adequate funds to <br />support the request. <br />STAFF RECOMMENDATION: <br />• Approval of Resolution No. 4, Series 2024, recommending approval to City Council of a <br />landmark at 917 Rex Street, to be named the Warembourg House. <br />• Approval of Resolution No. 5, Series 2024, approving the Alteration Certificate. <br />• Approval of Resolution No. 6, Series 2024, recommending approval to City Council of a <br />Preservation and Restoration Grant of up to $154,220. <br />o To recommend approval of a different grant amount, the HPC may recommend <br />approval of Reso. 6 with a condition enumerating a different grant amount. <br />ATTACHMENTS: <br />1. Resolution No. 4, Series 2024 (Landmark) <br />2. Resolution No. 5, Series 2024 (Alteration Certificate) <br />3. Resolution No. 6, Series 2024 (Grant) <br />4. Application <br />5. Social History Report <br />6. Historic Structure Assessment <br />