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City Council <br />Meeting Minutes <br />July 1, 2008 <br />Page 8 of 11 <br />Mayor Sisk requested a City Attorney introduction. <br />City Attorney Light read Ordinance No. 1539, Series 2008. He explained the <br />specific ballot language for the proposed Historic Preservation Sales Tax is <br />contained in Ordinance No. 1539, Series 2008, which provides fora 1/8 of 1 <br />(0.125%) sales tax for historic preservation purposes. The draft ballot language <br />did not include provisions to fund staffing and/or program expense. <br />City Manager Fleming reviewed the highlights of the ballot language changes: <br />• Changes incorporating language regarding the character of downtown <br />Louisville. <br />• Language providing for incentives and/or grants to buildings, which qualify <br />for listing on the Louisville register of historic places as well as those that <br />do not but contribute to the historic character of downtown. <br />• Language providing incentives and/or grants for design features and <br />enhancing the historic character and scale of downtown <br />• Provision for historic conservation easements. <br />• Language regarding eligibility and incentive funding recommendations to <br />be made by a task force. <br />Highlights of Ordinance No. 1539, Series 2008 include the following: <br />• Establishment of a 1/8 of ones percent sales tax for aten-year period <br />beginning January 1, 2009 and dedicated for historic preservation <br />purposes. <br />• Tax proceeds would be spent exclusively for specified purposes with the <br />Old Downtown Overlay District and "Downtown Louisville" as such areas <br />are designated by the City's coning map and ordinances. <br />• Revenues used for the purposes outlined, consistent with the ballot <br />language. <br />• Incentive programs and procedures applicable to the administration of <br />such incentives shall be provided by City Council ordinance or resolution, <br />the provisions of which shall be consistent with the provisions of ballot <br />issue 2A. <br />Councilor Dalton stated the City Clerk must notify the County of the City's <br />intention to participate in the 2008 General Election. He felt the issue is being <br />rushed and additional time is needed in July and early August, to address the <br />ballot language. He stressed the irrrportance of funding staff and the program <br />expenses. He favored language preserving the basic character of downtown. <br />City Attorney Light reviewed the time schedule to put the tax question on the <br />November ballot. The City Clerk must notify the County Clerk of the City's <br />