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RESOLUTION NO 17 <br />SERIES 2019 <br />A RESOLUTION REPEALING RESOLUTIONS IMPLEMENTING THE HISTORIC <br />PRESERVATION FUND BY REENACTING INTO A SINGLE RESOLUTION <br />INCORPORATING ALL PREVIOUS RESOLUTIONS, PROVIDING UPDATES FOR <br />THE RECENT BALLOT MEASURE, AND INCREASING CERTAIN INCENTIVES <br />WHEREAS, histonc properties and buildings of character in the City of Louisville (the <br />"City") are major contributors to the character and quality of life of our City; and <br />WHEREAS, the City Council, pursuant to the City Charter, established a Historic <br />Preservation Commission to assist it in the preservation and landmarking of these properties, and <br />WHEREAS, when properties are locally landmarked they are preserved for future <br />posterity and enjoyment and continue to contribute to the unique character of the City; and <br />WHEREAS, at the November 4, 2008 election, the voters approved Ballot Issue 2A to <br />levy a one- eighth of one percent (1/8%) sales tax for purposes of historic preservation purposes <br />within Historic Old Town Louisville through December 31, 2018, and <br />WHEREAS, at the November 2, 2010 election, the voters approved a Ballot Issue 2D to <br />levy a permanent use tax of 3.50%, to supersede the City's then -current use tax, of which one - <br />eighth of one percent (1/8%) of the use tax was dedicated to historic preservation purposes <br />consistent with Ballot Issue 2A, and <br />WHEREAS, at the November 7, 2017 election, the voters approved a Ballot Issue 2F, <br />which extended the expiration date of the temporary sales tax of one -eighth of one percent for <br />histonc preservation from December 31, 2018 to December 31, 2028, and <br />WHEREAS, City Council by Ordinances No 1544, Senes 2008 and No 1743, Series <br />2017 imposed the tax approved by the voters, established the Historic Preservation Fund <br />("HPF"), and codified the financial incentives set forth within Ballot Issues 2A (2008), 2D <br />(2010), and 2F (2017), and <br />WHEREAS, City Council by Resolution No. 20, Series 2009, Resolution No 20, Series <br />2010, Resolution No 2, Series 2012, and Resolution No. 2, Series 2014, adopted provisions <br />related to the administration and uses of HPF, and established grant programs and incentives to <br />assist property owners in the rehabilitation and restoration of historic properties and new <br />buildings of character; and <br />WHEREAS, City Council by Resolution No 4, Series 2014, Resolution No. 21, Series <br />2016, adopted resolutions establishing a revolving loan program within the HPF to encourage <br />landmark designations and rehabilitation of historic properties in the City of Louisville; and <br />WHEREAS, a core value of the City in the 2013 Comprehensive Plan promotes: "A <br />Connection to the City's Heritage where the City recognizes, values, and encourages the <br />promotion and preservation of our history and cultural heritage, particularly our mining and <br />1 <br />