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A RESOLUTION OF THE ASPEN CITY COUNCIL AGREEING TO ACT AS A
REVIEWING ENTITY FOR THE STATE INCOME TAX CREDIT PROGRAM
FOR QUALIFYING REHABILITATION PROJECTS UNDER COLORADO
HOUSE BILL 90-1033 (C.R.S. ~ 39-22-514, AS AMENDED)
Resolution No. q~ Series of 2006
WHEREAS, the Aspen Historic Preservation Commission and the Aspen 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. S 39-22-514, as amended) was
signed unto law April 20,1990, establishing tax credits for historic structures throughout
the state; and
WHEREAS, the City of Aspen, as a Certified Local Government, pursuant to the
provisions of 16 D.S.C. S 470 (a) (C) (I), as amended, is eligible to review such
rehabilitation tax credit projects as a reviewing entity as defined by C.R.S. S 39-22-514
(12) (I); and
WHEREAS, the provisions of C.R.S S 39-22-5l4(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 Aspen Historic Preservation Commission, as the City of Aspen'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
CITY OF ASPEN, COLORADO:
The City of Aspen, through the Aspen Historic Preservation Commission, hereby agrees
to act as a reviewing entity for the purposes of subsections (3) and (6) of c.R.S. S 39-22-
514 for calendar year 2007. The City will maintain the "preservation fund" as required
by C.R.S. S 39-22-514 (II) (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 November 27, 2006.