§ 6.100.020. Financing of historic preservation projects.

A.

Grants from the historic preservation project fund may be made with assembly approval. Monies granted from the historic preservation project fund shall be used to finance historic preservation projects, and to pay the cost of identifying, initiating, negotiating and administering historic preservation projects. The design of each historic preservation project fund shall be subject to review and approval by the historic preservation board.

B.

Historic preservation projects that may qualify for funding under this section may include, but need not be limited to, the following elements:

1.

Acquiring historic structures.

2.

Acquiring easements or development rights to preserve historic structures.

3.

With respect to historic structures in which the municipality has a property interest:

a.

Acquiring land for the relocation of such structures.

b.

Relocating such structures.

c.

Renovating such structures.

d.

Landscaping the sites of such structures.

4.

Constructing and acquiring public improvements that identify, interpret or inform the public concerning historic structures, provide public access to historic structures, or otherwise are related to the public use and enjoyment of historic structures.

5.

Costs of planning, designing, administering and acquiring the project elements described in subsections B.1 through 4 of this section.

6.

Costs of planning and designing public improvements to serve historic structures.

7.

Programs and events to educate the community concerning historic preservation and historic structures in the municipality and to promote the historic preservation in the municipality.

C.

The methods of financing historic preservation projects may include but are not limited to:

1.

Purchasing or leasing interests in real or personal property;

2.

Restoring, repairing or improving real property; and

3.

Loans or interest subsidies on loans.

D.

The municipality may contract with any qualified entity for administration of historic preservation projects authorized under this section.

(AO No. 86-47; AO No. 86-154; AO No. 87-75; AO No. 2006-175, § 2, 1-9-07)