Ordinance 3613-18 - Laserfiche WebLink

located within National Register listed historic districts, are eligible to take advantage of the federal Investment Tax Credit (ITC) program. This federal historic preservation incentive provides successful applicants with a 20% credit on their investment following a certified rehabilitation of their historic property that has been determined to meet preservation rehabilitation standards. Placement on the National Register does not guarantee preservation of a property and it does not require any additional reviews or protection by the City of Everett. If federal funding is part of a project that includes a National Register place, then review of that project is required. Endangered Buildings Historic places enhance a city's character and sense of place. Despite being recognized as a significant piece of history, a property listed on the Everett, state or national historic register is offered only minimal protection from alteration, demolition and incompatible adjacent development. Register listings do not prohibit property owners from managing their own property as they see fit nor is it intended to push out new development. As a result, many buildings that are either on the register or those not listed but determined significantly contributing historical structures, could be threatened from being altered or demolished. One of the more noteworthy buildings in downtown that could be endangered is the Everett YMCA. A cornerstone in the Everett ! community since 1901, the historic building at the corner of Rockefeller �1 and California was built in 1920 after a fire destroyed the original building. -0.1111 ei ..004011011 Two major additions in 1960 and 1980 provided additional space for the { growing membership. The YMCA completed a feasibility study in 2014 1 � ';1 that indicated a high demand for a new facility which will be built at the j'. former Everett School District Administration Building on Colby Ave. I i outside of Metro Everett. The YMCA will sell the downtown property '1 j I r-��' I once they are ready to open the new YMCA. The YMCA is mindful of the f history and will work to be sensitive to the community concerns this Figure 10:Everett YMCA(1920)plans to sell this building and move to a history represents. new facility outside of downtown in 2019 While some historic buildings may be endangered by changes in use and development pressures, others are endangered due to poor maintenance or neglect. In 2017, the city completed a condition assessment of ten example buildings with a variety of ages, Chapter 7,Historic Resources 6 August 29,2018