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HomeMy WebLinkAboutresolution.council.094-94 e - e RESOLUTION NO. )?LJ (series of 199~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, DECLARING ITS INTENT AND WILLINGNESS TO HAVE THE CITY ACT AS A REVIEWING ENTITY PURSUANT TO THE ADMINISTRAT.ION OF THE COLORADO INCOME TAX CREDIT PROGRAM RELEVANT TO THE PRESERVATION OF HISTORIC PROPERTIES. WHEREAS, the General Assembly of the state of Colorado has enacted an income tax credit program described at Colorado Revised statutes Section 39-22-514, as amended, for qualified costs incurred in the preservation of historic properties; and WHEREAS, local government entities certified by the Colorado state Historic Preservation Officer may participate in the administration and operation of the income tax credit program by providing review of local historic preservation projects; and WHEREAS, the City of Aspen has previously been certified by the Colorado State Historic Preservation Officer as a Certified Local Government pursuant to the provisions of 16 D.S.C. Section 470a(c) (1), as amended; and WHEREAS, the Colorado Historical Society has encouraged the City of Aspen to perform the services of a local reviewing entity under the income tax credit program; and WHEREAS, the Historic Preservation Committee for the city of Aspen has endorsed the proposal to have the city perform as a local reviewing entity and has asked the city Council to adopt a resolution pursuant to Colorado Revised Statutes Section 32-22- 514(10) (a), as amended, designating the City as a reviewing entity. e e . NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, THAT: section 1 The city of Aspen, as a certified local government pursuant to 16 U.S.C. section 470a(c) (1), as amended, hereby agrees to act during calendar year 1995 as a reviewing entity for purposes of administration and operation of the Colorado income tax credit program for qualified costs incurred in the preservation of historic properties found at Colorado Revised Statutes section 39- 22-514, as amended, (1982 Repl. Vol. 16B cum.Supp.1991). section 2 The city of Aspen Historic Preservation committee and the Community Development Department are hereby delegated the authority and responsibility as vested in a local reviewing entity to implement the provisions of Colorado Revised statutes section 39-22-514, as amended, in the City of Aspen. section 3 The Director of Finance is hereby directed to create and maintain a segregated Preservation Fund for the collection of fees as called for under Colorado Revised Statutes section 39-22-514(11(b) (I). All moneys as collected in such fund shall be used for deferring the costs incurred by the city in performing its role as a local reviewing entity. section 4 The City Clerk is directed to forward a copy of this Resolution :to the Colorado state Historical Preservation Officer prior to January 1, 1995. . ." >!;,~ e.. RESOLVED, APPROVED AND ADOPTED this /tL day of ~~ 1994, by the city council for the city of Aspen, Colorado. ()L 7. 23~~ John s. Bennett, Mayor I, Kathryn S. Koch, duly appointed and acting city Clerk do certify that the foregoing is a true and accurate copy of that resolu...t. ion adopted by the ~u;tjl of the city of Aspen, Colorado, at a meeting held' A.-! /,;;J- , 1994. - - " ~nJ~~ Kathryn S.'~OCh, city C1lilrk -.4.',<'