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City Council <br /> Meeting Minutes <br /> January 3, 2012 <br /> Page 10 of 14 <br /> be landmarked as having either historic or social merit. The applicant must make an <br /> application for landmarking. The HPC evaluates the application and makes a <br /> recommendation to the City Council. The City Council makes the final decision and if <br /> the landmarking is approved, staff records the landmarking with the Boulder County <br /> Clerk. <br /> City Attorney Light explained recording landmarked property puts a subsequent buyer <br /> on notice the property is restricted and the title records will show the notice. A recorded <br /> conservation easement will prohibit the owner from making changes to any portion of a <br /> building funded by historic preservation money. <br /> Councilor Keany disclosed he met with Mr. Peter Stewart to discuss the Historic <br /> Preservation Commission, but there was no discussion on this resolution. He requested <br /> clarification between a structure of merit and a structure which qualifies for landmarking <br /> and examples of each. <br /> Mayor Muckle explained the Historic Preservation Tax ballot language provided a <br /> definition of structures qualifying for landmarking as buildings which meet all the <br /> Department of Interiors Architectural qualifications of being at least 50 years of age. <br /> Structures of merit are not 50 years old, but qualify in every other respect. The Old <br /> Louisville Inn would be an example of a landmarkable property and the Market Place <br /> would be an example of a structure of merit. <br /> Councilor Keany noted the maximum amount of grant money for a residential property <br /> is $21,900 and asked if any requests have reached the maximum amount. Planning <br /> Director Russ reported one property, which received a grant for restoring historic <br /> windows came close to the maximum, but there is an application coming forward, which <br /> has structural roof issues and could exceed the $21,900 maximum amount. <br /> Councilor Keany addressed the routine maintenance of landmarked property such as <br /> painting. Planning Director Russ stated it is common practice in historic restoration for <br /> painting, but the resolution limits it to 10%. <br /> Councilor Keany inquired whether the resolution is retro-active. He addressed the Old <br /> Louisville Inn and the requirement for matching funds from the applicant. He felt <br /> significant funds have already been expended for restorations to the Old Louisville Inn. <br /> City Attorney Light explained those factors would not make the resolution retro-active, <br /> however, other grant programs have such stipulations and staff could put together some <br /> examples and information for the Council to review. <br /> Councilor Sackett requested the Staff come back with the revisions to the resolution. <br /> Councilor Dalton noted the Louisville Municipal Code triggers landmarking at 50 years <br /> and asked the Historic Preservation Commission to come back with an appropriate <br />