HomeMy WebLinkAbout895 - DECLARING that the City of Boulder agrees to assume the duties of reviewing entity for the stRESOLUTION No. 8 9 5
A RESOLUTION OF THE BOULDER CITY COUNCIL DECLARING THAT
THE CITY OF BOULDER AGREES TO ASSUME THE DUTIES OF
REVIEWING ENTITY FOR THE STATE OF COLORADO INCOME TAX
CREDIT FOR QUALIFIED COSTS INCURRED IN THE PRESERVATION OF
HISTORIC PROPERTIES.
WHEREAS, CRS 39-22-514, as amended, provides for rehabilitation tax credits for qualified
historic structures throughout the state,
WHEREAS, this is a major incentive for the rehabilitation, designation and protection of historic
properties in Colorado and Boulder,
WHEREAS, eligible properties include proper[ies designated as landmarks or contributing to the
historic character of a historic district by a certified local govemment (CLG),
WHEREAS, locallandmarks as well as contributing structures in the locally designated historic
districts and the federally designated national register historic districts are eligible for the
rehabiliYation taac credit, and
WHEREAS, the City of Boulder, as a certified local government since 1985, pursuant to the
provisions of 16 U.S.C. Sec. 470a(c)(1), as amended, is eligible to review such rehabilitation tax
credit projects as a reviewing entity as defined by CRS 39-22-514(12)(I).
NOW, THEREFORE, be it resolved by the Boulder City Council that it agrees to act as the
reviewing entity for the Colorado historic rehabilitation tax credit for calendar year 2002.
INTRODUCED, READ, PASSED, AND ADOPTED this 18th day of December, 2001.
Attest:
Mayor
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Director of Finance and ecord
Ex-officio City Clerk
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