07/29/1981 Meeting - Laserfiche WebLink

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D. 1981 Restoration Loan Applications for Historic Landmarks Funded e With City Moneys (memo and additional information distributed) Mr. Gleason introduced Judith Rees, HCC. Ms. Rees stated that on July 16, 1981, the Historic Review Board reviewed nine applications for restoration loans for historic landmarks. The board unani- mously agreed that five applications be recommended to the council for approval and the other four were unanimously approved for funding with CDBG moneys. The recommendations are as follows: the owners of Bennett House, 240 High Street, are recommended to receive $2,220 on a ten-year loan with an interest rate of nine percent; the owners of Fairmount Presbyterian Church, 1910 East 15th Avenue (Maude Kerns), be loaned $10,000 for ten years at nine percent; the Tiffany Building owner be loaned $10,000 to restore mezzanine windows, for ten years at nine percent; the owner of link House and Barn, 221 East 3rd Avenue, is recom- mended to receive $10,000 to reroof and repair exterior detailing on the house and provide structural repairs to the barn including the roof and floor for a ten-year loan at nine percent; and the owners of apartments at 235 East 2nd Avenue be loaned $7,765 on a ten-year loan at nine percent. The apartments are not significant, but there are moneys available for funding this request based on the guidelines for restoration of "other" structures within a historic 1 andmark area. She indicated that Deirdre Malarkey, Historic Review Board, was available to answer additional questions. Mr. Hamel asked about the ATO house on Oak between 11th and 12th. Ms. Rees stated that was not one of the 15 applications that had been submitted. An application must be submitted by an owner or long-term lessee and there are e legal problems with the ownership. Public hearing was opened; there being no testimony, public hearing was closed. Res. No. 3557--A resolution authorizing a secured loan for restoration of Bennett House (ESB). Ms. Mill er moved, seconded by Mr. Ob i e, to adopt the reso 1 ut i on. Roll call vote; motion carried unanimously. Res. No. 3558--A resolution authorizing a secured loan for restoration of the Fairmount Presbyterian Church. Ms. Miller moved, seconded by Mr. Obie, to adopt the resolution. Roll call vote; motion carried unanimously. Res. No. 3559--A resolution authorizing a secured loan for restoration of the Tiffany Building. Ms. Miller moved, seconded by Mr. Obie, to adopt the resolution. Roll call vote; motion carried unanimously. e MINUTES--Eugene City Council ,Jul y 29, 1981 Page 5