HomeMy WebLinkAbout1015 - AGREEING to act as a reviewing entitiy for the state income tax credit program for rehabilitaRESOLUTION NO. 1015
A RESOLUTION OF THE BOULDER CITY COUNCIL AGREEING TO ACT AS A
REVIEWING ENTITY FOR THE STATE INCOME TAX CREDIT PROGRAM FOR
QUALIFYING REHABILITATION PROJECTS LINDER 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 Bill 90-1033 (C.R.S. § 39-22-514, as amended) was signed unto law
Apri120, 1990, establishing tax credits for historic properties throughout the state; and
WHEREAS, Boulder, as a Certified Local Govemment since 1985, pursuant to the provisions of 16
U.S.C. § 470 (a) {C) {1), as amended, is eligible to review such rehabilitation ta~c 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
Government adopt annually a resolution stating whether such Certified Local Government will act as
a reviewing entity during the following twelve (12) months; and
WHEREAS, the Landmazks Preservation Advisory Boazd, as the City of Boulder's officia] review
boazd 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 Tl' RESOLVED BY TI~ CTTY COUNCIL OF THE CITY OF
BOULDER,COLORADO:
The City of Boulder, through the Landmatks Preservation Advisory Boazd, hereby agtees to act as a
reviewing entity for the purposes of subsections (3) and (6) of C.R.S. § 39-22-514 for calendaz yeaz
2007. 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.
INTRODUCED, READ, PASSED AND ADOPTED this 19th day of December, 2006.
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Mayor ~
ATI'EST:
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City Clerk
APPROVED AS