City Council Agenda and Packet 2011 07 05

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PAGE THREE SUBJECT: RESOLUTION NO. 35, SERIES 2011 — A RESOLUTION APPROVING A PRESERVATION AND RESTORATION GRANT TO ALLOW FOR EXTERIOR PAINTING FOR THE ADKINS HOUSE LOCATED AT 816 MCKINLEY AVENUE DATE: JULY 5, 2011 On April 20, 2010, City Council approved two incentives for landmark structures: $1,000 signing bonus and a $5,000 one time grant. The $1,000 signing bonus is awarded to the applicant at the time of the landmark approval. This money has no restrictions on how it is to be used. The $5,000 grant is to be used within the first year of landmarking and must be used for the following: i. Preservation and restoration. These projects include measures directed towards sustaining the existing form, integrity, and materials of a historic property, including preliminary measures to protect and stabilize the property. ii. Rehabilitation. These projects include measures intended to adapt a property for efficient contemporary use while sensitively preserving the significant historical, architectural, and cultural features of the property. Sensitive upgrading of mechanical, electrical, and plumbing systems and other code - required work to make the property functional is appropriate within a preservation project. This category also includes the restoration of a property to a specific, significant point in its history. iii. Routine maintenance is an allowable expense as a project. iv. Routine maintenance includes painting, refinishing and exterior cleaning. v. Pre - development. These projects include assessments of past and present historical features of a property for the purpose of properly and adequately documenting these characteristics. This includes assessing the physical condition of any existing historic features. Grants for this purpose are available to individuals desiring to do restoration and renovation projects. The applicants wish to use the $5,000 incentive grant to pay for this project. It has been less than a year since the landmark was approved. ALTERATION CERTIFICATE CRITERIA: Louisville Municipal Code § 15.36.120.0 lists eight criteria to be considered by the Historic Preservation Commission in reviewing an Alteration Certificate application. The Historic Preservation Commission is authorized to place conditions on their recommendation of approval, if they believe those are necessary to comply with all of the criteria. Painting is not considered an alteration so an alteration certificate is not required for this project. FISCAL IMPACT: Expenditure of up to $4,920 ($4,100 plus 20% ($820) contingency) from the Historic Preservation Fund for exterior painting of the Adkins House located at 816 McKinley Avenue. The following table depicts the eligible funds remaining in the budgetary year, less the approved grant amounts: 15