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A RESOLUTION AUTHORIZING THE CITY OF ASPEN, COLORADO,
THROUGH THE ASPEN HISTORIC PRESERVATION COMMISSION, TO ACT
AS REVIEWING ENTITY FOR THE STATE INCOME TAX CREDIT
PROGRAM FOR QUALIFYING HISTORIC REHABILITATION PROJECTS
UNDER C.R.S. SECTION 39-22-514.
Resolution No. 98- q7.-
WHEREAS, the Aspen Historic Preservation Commission and City Council support the
creation of incentives to assist in the preservation and protection of historically
significant resources; and
WHEREAS, C.R.S. Section 39-22-514, as amended, provides for rehabilitation tax
credits for qualified historic structures throughout the state; and
WHEREAS, Aspen, as a certified local government pursuant to the provisions of 16
D.S.C. Section 470a(c)(1), as amended, is eligible to review such rehabilitation tax credit
projects as reviewing entity as defined by C.R.S. Section 39-22-514(12)(i); and
WHEREAS, the provisions ofC.R.S. Section 39-22-514(10)(a) require that each
~ certified local government annually adopt a resolution stating whether it will act as a
reviewing entity during the following twelve (12) months; and
WHEREAS, the Aspen Historic Preservation Commission, as the City of Aspen's
official review board for historic resources, hereby endorses rehabilitation project reviews
at the local level, which provides an increased level of preservation service to our
community.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ASPEN,
COLORADO RESOLVES:
The City of Aspen, through the Aspen Historic Preservation Commission, hereby agrees
to act as a reviewing entity for the purposes ofC.R.S. Section 39-22-514 (3) and (6) for
calendar year 1999, to maintain a "preservation fund" as required by C.R.S. Section 39-
22-514(11 )(b )(i), and will utilize the project application fees as provided for in C.R.S.
Section 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.
APPROVED by the City Council at its regular meeting on December 14,1998.
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o Approved as to form:
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Attest:
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City Clerk
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