HomeMy WebLinkAbout987 - APPROVING to continue assuming duties as a reviewing entity for the State of Colorado income tRESOLUTION No. 987
A RESOLUTION OF THE BOULDER CITY COUNCIL AGREEING TO ACT AS A
REVIEWING ENTITY FOR TFIE STATE INCOME TAX CREDIT PROGRAM FOR
QUALIFYING REHABILITATION PROJECTS UNDER COLORADO HOUSE BILL 90-1033
(C.R.S. §39-22-514, AS AMENDED)
WHEREAS, the Landmarks Preservation Advisory Board and the City Council support the
creation of incentives to assist in the preservation and protection of historically significant resources; and
WHEREAS, Colorado House Bi1190-1033 (C.R.S. § 39-22-514, as amended) was signed unto
law April 20,1990, establishing tax credits for historic struchues throughout the state; and
WHEREAS, the City of Boulder, as a Certified Local Government, pursuant to the provisions of
16 U.S.C. § 470 (a) (C) (1), as amended, is eligible to review such rehabilitation tax credit projects as a
reviewing entity as defined by C.R.S. § 39-22-514 (12) (1); and
WHEREAS, the provisions of C.R.S. § 39-22-514 (10) (a) require that each Certified Local
Govemment adopt annually a resolution stating whether such Certified Local Govemment will act as a
reviewing entity during the following twelve (12) months; and
WHEREAS, the Landmarks Preservation Advisory Boud, as the City of Boulder's official review
board for historic resources, endorses rehabilitation project reviews at the local level, which provide an
increased level of preservation service to our community.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CTTY OF
BOULDER,COLORADO:
The City of Boulder, through the Landmarks Preservation Advisory Board, hereby agrees to act
as a reviewing entity for the purposes of subsections (3) and (6) of C.R.S. § 39-22-514 for calendaz year
2006. The City will maintain the "preservation fund" as required by C.R.S. § 39-22-514 (11) (a), for use
in administering the program and to provide information and education to the community within the
context of historic preservation.
RESOLVED AND PASSED this 8th day of November, 2005.
~
Mayor
Attest:
City Clerk on behalf of the
Director of Finance and Record