FISCAL NOTE FOR NON-CAPITAL PROJECTS

Department:	Contact Person/Phone:	DOF Analyst/Phone:
Legislative	Ketil Freeman, 684.8178	NA

Legislation Title:

AN ORDINANCE relating to historic preservation, imposing controls upon the Eitel Building, a landmark designated by the Landmarks Preservation Board under Chapter 25.12 of the Seattle Municipal Code, and adding it to the Table of Historical Landmarks contained in Chapter 25.32 of the Seattle Municipal Code.

· Summary of the Legislation:

This legislation establishes controls and incentives for the historic landmark Eitel Building, located at 1501 Second Avenue. 

· Background:

This legislation is a companion to the Council’s decision on a controls and incentives appeal contained in Clerks File 310914.  That appeal was filed by 1507 Group, L.L.C. (Owner) from the Hearing Examiner’s recommendation for controls and incentive for the Eitel Building.  The Eitel Building  is located at the northwest corner of the intersection of Pike Street and Second Avenue.  The seven-story building was purchased by the Owner in 1975.   In August 2006, the Landmarks Preservation Board (Board) designated the building  as a landmark based on the designation criterion  that it “embodies the distinctive visual characteristics of  an architectural style, period, or of a method of construction.”  The building was nominated for designation by Historic Seattle.  In January 2010, the Board recommended controls and incentives.  In February 2010, the Owner filed a timely objection to the Board’s recommended controls and incentives.  The Hearing Examiner conducted a hearing on April 13, 14, and 15 and briefly reconvened on May 12, 2010.  On June 9, 2010, the Hearing Examiner recommended that the Council accept the Board’s recommendation.  On June 23, 2010, the Owner filed an appeal from the Hearing Examiner’s recommendation with the City Council.  On December 8, 2010, the Council’s Committee on the Built Environment (COBE) heard oral argument from the Owner and the Board.  On January 12, 2010, COBE recommended that the Council affirm the Hearing Examiner’s recommendation and deny the appeal.

· Please check one of the following:

__X_ This legislation does not have any financial implications. (Stop here and delete the remainder of this document prior to saving and printing.)