HomeMy WebLinkAboutItem 04 - ADD 858 TORO STREET TO THE MASTER LIST OF HISTORIC RESOURCES AS THE VIRGINIA LEVERING LATIMER HOUSEDepartment Name: Community Development
Cost Center:4003
For Agenda of:March 17, 2020
Placement:Consent
Estimated Time:N/A
FROM: Michael Codron, Community Development Director
Prepared By:Walter Oetzell, Assistant Planner
SUBJECT:ADDITION OF THE PROPERTY AT 858 TORO STREET TO THE MASTER
LIST OF HISTORIC RESOURCES AS “THE VIRGINIA LEVERING
LATIMER HOUSE”
RECOMMENDATION
As recommended by the Cultural Heritage Committee, adopt a Resolution (Attachment A)
adding the property at 858 Toro Street to the Master List of Historic Resources as “The Virginia
Levering Latimer House.”
DISCUSSION
Background
Eric and Jaqueline Blair (Applicants) have requested
that the property at 858 Toro Street be designated as
a Master List Resource in the City of San Luis
Obispo’s (City) Inventory of Historic Resources, as
“The Virginia Levering Latimer House” (Property).
The Property is currently designated as a
Contributing List Resource and is located within the
Mill Street Historic District.
On January 27, 2019 the Cultural Heritage
Committee considered this request and found that
the property meets eligibility criteria for historical
listing to a degree that qualifies it for designation as
a Master List Resource, and recommended that the
City Council designate the Property as a Master List
Resource in the City’s Inventory of Historic
resources.
Site and Setting
The Property is at the southeast corner of Toro and Mill Streets, within the Mill Street Historic
District (Attachment B). The district was developed at the turn of the 20th Century and has a high
concentration of historic structures. The majority of the historic resources date from the early
20th Century, the district’s primary period of historical and architectural significance, though
several resources also date from the late 19
th Century (see Attachment C).
Figure 1: 858 Toro Street
Packet Page 23
Item 4
The site is developed with a single-family dwelling (see Figure 2 below). Though no
construction date is noted in City records,1 the footprint of the dwelling first appears in a
Sanborn Map of the area published in 1891. In 1983 the Property was designated as a
Contributing List Resource. The Applicants have provided an evaluation of the Property and its
eligibility for historic listing, prepared by James Papp of Historicities, LLC (Papp)
(Attachment D).
Building Architecture
As described in the Papp evaluation, the dwelling embodies the Italianate style.2 The City’s
Historic Context Statement describes the style as one that began in England as part of the
Picturesque Movement, and in the United States followed the informal model of the simple
Italian farmhouse, adapted into an indigenous style (see Attachment E). The architect and builder
of the dwelling are unknown.3 The architectural characteristics of the building are more fully
discussed in the Papp evaluation submitted with this application, and summarized in the
Evaluation section of this report, below.
The Latimer Family4
The Papp report outlines the history of the Latimer Family who, by 1860, relocated to California
from Maryland and Virginia. In 1878 Benjamin Griffith (“B.G.”) Latimer, Jr. moved from Santa
Clara County to San Luis Obispo, and by the 1900 census Virginia Levering Latimer, his mother,
resided at 858 Toro Street (her husband having died in Santa Clara County in 1886), and lived
there until her death in 1907. The dwelling is most closely associated with Virginia Latimer
during the building’s period of significance.
1 Historical Information File (“Yellow File”); see Attachment F.
2 James Papp, “Master List Application – Virginia Levering Latimer House” (November 2019), pg. 6
3 Papp, pg. 4
4 Summarized from Papp, pp. 4-5
Figure 1: Virginia Levering Latimer House; 1904 (left) and 2019 (right)
Packet Page 24
Item 4
Evaluation of Eligibility for Listing
To be eligible for listing as an historic or cultural resource, the resource must exhibit a high level
of historic integrity, be at least 50 years old, and meet one or more of the eligibility criteria
described in Historic Preservation Ordinance § 14.01.070 (see Attachment G). As provided in
§ 14.01.050 of the Ordinance, the most unique and important resources and properties in terms of
age, architectural or historical significance, rarity, or association with important persons or
events in the City’s past may be designated as “Master List Resources.”
Architectural Criteria
Character-defining features of the Italianate Style are described in the City’s Historic Context
Statement to include:
Symmetrical façade
Low pitched hipped or flat roof
Widely overhanging eaves with large decorative brackets
Tall narrow windows, commonly arched or curved above
Elaborated window crowns
One-story entry porch, often supported by square posts with beveled corners
Centrally placed square tower or cupola
As described and depicted in pages 8-11 of the Papp evaluation, the Latimer House exhibits all
of these features, albeit with a “more economical or streamlined feeling” common to later
Italianate examples. A hipped roof, overhanging bracketed eaves, tall narrow windows, and a
symmetrical façade at the main entry set the primary form of the building. A one-story porch
frames the entry, and a parapet recalls the original balustrade on the roof.
Historic Criteria
The property is, during its period of significance, most closely associated with the Latimer
family, as described in pages 4-5 of the Papp evaluation.Though the family’s background and
history provide an important glimpse into early California and local history, the evaluation
provided does not indicate a relevant association with singular and important historical events
and patterns or significance to the community rising to a level that qualifies the property as a
“Master List Resource” under Historic Criteria in the Historic Preservation Ordinance
§ 14.01.070 (B)..
Integrity
Apart from a 1905 “lean-to” addition at the rear of the house, replacement of the roof balustrade
with a parapet, loss of porch column capitals and bases, new sash windows (within the original
surrounds), and a limited number of new window openings (on secondary elevations), the
building retains a high degree of integrity of its external features.5 Some original features are
evident in the building interior, but the interior has been renovated to accommodate continued
residential use. The building occupies its original site, in the same location on the property, and
has changed very little from its original appearance, and thus to a large degree was found to
satisfy the criteria for Integrity set out in the Historic Preservation Ordinance § 14.01.070 (C).
5 Papp, pp. 11-12
Packet Page 25
Item 4
Conclusion
The information in the Papp evaluation prepared for this application, documenting the
architectural character and integrity of the house, provides a basis for finding that the dwelling
satisfies Evaluation Criteria for Architectural Style and Design and for Integrity described in the
City’s Historic Preservation Ordinance §§ 14.01.070 (A) & (C) , to a degree that qualifies it for
designation of the Property as a Master List Historic Resource.
Policy Context
The recommended action on this item is supported by historical preservation policies set out in
section 3.0 of the Conservation and Open Space Element of the City’s General Plan, and with
procedures and standards for listing of historic resources set out in the City’ s Historic
Preservation Ordinance §§ 14.01.060 & 14.01.070.
Public Engagement
Public notice of this hearing has been provided to owners and occupants of property near the
subject site, and published in a widely circulated local newspaper, and hearing agendas for this
meeting have been posted at City Hall, consistent with adopted notification procedures. Public
notice was also previously provided for the Cultural Heritage Committee meeting of January 27,
2020.
ENVIRONMENTAL REVIEW
The California Environmental Quality Act (CEQA) does not apply to the recommended action in
this report, because the action does not constitute a “Project” under CEQA Guidelines Sec.
15378.
FISCAL IMPACT
Budgeted: No Budget Year: 2020
Funding Identified: No
Fiscal Analysis:
Funding Sources Current FY Cost
Annualized
On-going Cost
Total Project
Cost
General Fund $N/A
State
Federal
Fees
Other:
Total N/A $0 $0
Adding the Property to the Master List of Historic Resources will have no fiscal impacts.
Historic designation of the Property itself has no bearing on City fiscal resources. As a Master
List Resource, however, the Property would be eligible for historic preservation incentives under
the “Mills Act,”which is under consideration by subsequent application (HIST-0048-2020). A
separate fiscal analysis would be reviewed by the City Council should the property proposed to
be added to the Mills Act list of properties.
Packet Page 26
Item 4
ALTERNATIVES
1. Decline to designate the property as a Master List Resource in the Inventory of Historic
Resources based on finding that the Property is not considered to be sufficiently unique or
important, or found to satisfy Evaluation Criteria for listing to a degree warranting such
designation. The Property would remain in the Inventory as a Contributing List Resources.
2. Continue consideration of the request for additional information or discussion.
Attachments:
a - Draft Resolution
b - Vicinity Map
c - Mill Street Historic District (Historic Preservation Program Guidelines)
d - COUNCIL READING FILE - Latimer House Master List Application
e - Italianate Style (Historic Context Statement)
f - Historic Property File
g - Evaluation Criteria
Packet Page 27
Item 4
R ______
RESOLUTION NO. _____ (2020 SERIES)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS
OBISPO, CALIFORNIA, ADDING THE PROPERTY LOCATED AT
858 TORO STREET TO THE MASTER LIST OF HISTORIC RESOURCES
AS “THE VIRGINIA LEVERING LATIMER HOUSE” (HIST-0701-2019)
WHEREAS,the applicants, Eric and Jaqueline Blair, filed an application on
October 17, 2019, for review of the inclusion of the property at 858 Toro Street on the City of San
Luis Obispo’s (City) Master List of Historic Resources; and
WHEREAS,the City’s Cultural Heritage Committee conducted a public hearing in the
Council Hearing Room of City Hall, 990 Palm Street, San Luis Obispo, California, on January 27,
2020 and recommended that the City Council add the property at 858 Toro Street to the City’s
Master List of Historic Resources; and
WHEREAS,the City Council conducted a public hearing on March 17, 2020 for the
purpose of considering the request to add the 858 Toro Street property to the City’s Master List of
Historic Resources; and
WHEREAS,notices of said public hearings were made at the time and in the manner
required by law; and
WHEREAS,the City Council has duly considered all evidence, including the record of
the Cultural Heritage Committee hearing and recommendation, testimony of the applicant and
interested parties, and the evaluation and recommendation presented by staff.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo
as follows:
SECTION 1.Findings. Based upon all the evidence, the City Council makes the
following findings:
a) The subject property is eligible for inclusion in the City’s Inventory of Historic
Resources as a Master List Resource because the dwelling on the property satisfies
at least one of the evaluation criteria for historic resource listing described in the §
14.01.070 of the City’s Historic Preservation Ordinance (HPO), exhibitsa high
degree of historic integrity, and is more than 50 years old.
b) The dwelling on the subject property satisfies evaluation criteria related to
architectural style (HPO §14.01.070 (A)). It conveys a purity of style, exhibits
attractiveness through detailing and craftsmanship, and is a rare example within the
City of the Italianate Style. The building occupies its original site, with its exterior
largely unaltered, and retains its characteristic design and materials, satisfying
criteria for Integrity (HPO § 14.01.070 (C)).
Packet Page 28
Item 4
Resolution No. _____ (2020 Series) Page 2
R ______
SECTION 2.Environmental Determination. The California Environmental Quality Act
(CEQA) does not apply to the recommended action in this report, because the action does not
constitute a “Project” under CEQA Guidelines Sec. 15378.
SECTION 3.Action. The City Council of the City of San Luis Obispo does hereby
include the property located at 858 Toro Street to the Master List of Historic Resources as “The
Virginia Levering Latimer House.”
Upon motion of _______________________, seconded by _______________________,
and on the following roll call vote:
AYES:
NOES:
ABSENT:
The foregoing resolution was adopted this ______ day of __________ 2020.
____________________________________
Mayor Heidi Harmon
ATTEST:
____________________________________
Teresa Purrington
City Clerk
APPROVED AS TO FORM:
_____________________________________
J. Christine Dietrick
City Attorney
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City
of San Luis Obispo, California, this __________ day of ____________________________, 2020.
____________________________________
Teresa Purrington
City Clerk
Packet Page 29
Item 4
R-2-H
O
R-2-H
R-3-HR-2-H
PF
R-2
R-2-H MILL
TORO
VICINITY MAP HIST-0701-2019
858 Toro Street ¯
Packet Page 30
Item 4
47
5.2.4 Mill Street Historic District
Setting
Established in 1987, the Mill Street Historic District is a residential neighborhood bounded by
Pepper and Toro Streets on the east and west, and Peach and Palm Streets on the north and south.
The Mill Street District is part of one subdivision, The Town of San Luis Obispo, recorded in
1878, although the area informally has been referred to as Fremont Heights. For its land area,
Mill Street Historic District has the highest concentration of historic structures of the City’s five
Historic districts. It is a relatively small district, with an area of 20 acres or 0.03125 square
miles, and as of January of 2010 had 84 listed historic properties.
The Mill Street district was developed at the turn of the 20th century, with the majority of the
existing buildings dating from the 1900s to 1920s, the district’s primary period of historical and
architectural significance. The district was developed on high ground with originally very wide
(100 ft) lots in response to both the seasonal flooding and fires that plagued early development in
San Luis Obispo. A few of these wide lots remain in the 1300 block of both Mill Street and Palm
Street, but the majority of them were later re-subdivided into 50-60 foot wide lots.
Site Features and Characteristics
Common site features and characteristics include:
A. Trees spaced at regular intervals along
the street (especially on Mill Street)
B. Distinctive Camphor Trees lining both
sides of Mill Street between Johnson and
Pepper, a key entry corridor for the
district
C. Consistent street yard setbacks of 20 feet
or more
D. Coach barns (garages) recessed into rear
yard
E. Finish floors raised 2-3 above finish
grade
F. Front entries oriented toward street, with
prominent walk, stairs and entry porches.
G. Front building facades oriented parallel
to street
Architectural Character
Developed during a population boom in San Luis Obispo circa 1900s-1920s, the district’s
residential architectural styles reflect the prosperity of its residents. While older and more
elaborate residences are located on the 1300 block of both Palm and Mill Streets, the majority of
1344 Mill Street, South Elevation
Packet Page 31
Item 4
48
historic homes were more modest residences. The close proximity to the court house meant that
Mill Street was home to many county employees, including county assessors, attorneys, and
county clerks. The Mill Street District encompasses many different architectural styles, including
revival styles popular at the turn of the twentieth century. These styles include Neo-classic Row
House, Victorian (with elements of Gothic Revival, Queen Anne, Stick and Eastern Shingle),
Tudor Revival, Mission Revival, and Craftsman Bungalow, with many homes borrowing
architectural details from more than one style. Most buildings in this district were built by local
builders, including E.D. Bray and James Maino and were influenced by architectural pattern
books of the time period.
Predominant architectural features include:
A. One- and occasionally two-story
houses
B. Mostly gable and hip roof types
C. Traditional fenestration, such as
double-hung, wood sash windows,
ornamental front doors, wood screen
doors
D. Ornamental roof features, including
prominent fascias, bargeboards,
prominent pediments or cornices
E. Painted wood or stucco surface
material, including siding and molding
Individually Contributing Elements in the Mill Street District
Not all historic resources in the Mill Street
Historic District were built during the
district’s period of significance. Those
buildings date from the late 1800s, generally
do not exhibit the signature architectural
elements described above, but do contribute
to the historic character of San Luis Obispo
in their own right based on age, architectural
style or historical association. By virtue of
their significance, these resources also merit
preservation.
For example, the Buckley House at 777
Johnson Avenue is a converted carriage
house built in the 1880s and is significant for
its design, specifically the board and batten siding, of which there very few examples are left in
the City. The Shipsey House at 1266 Mill Street, a National Register property, is an example of
Eastern Stick and significant for both its architectural style and its association with William
1264 and 1270 Palm Street, South Elevation
777 Johnson Avenue, East Elevation
Packet Page 32
Item 4
49
Shipsey, attorney and mayor of San Luis Obispo from 1898 to1901.
Non-Contributing Elements in the Mill Street District
Non -contributing buildings are those that both do not meet the criteria outlined above and have
not achieved historical significance. Most of the post—1950 contemporary buildings in the
district fall into this latter category.
Non-contributing architectural styles, materials or site features include:
A. Aluminum sliding windows
B. Rectilinear, “boxy” shape
C. Metal or other contemporary material
siding, or “faux” architectural
materials or features.
D. Unarticulated wall surfaces
E. Non-recessed or offset street entries to
buildings
1243 Mill Street, North Elevation
Packet Page 33
Item 4
50
***
1262 Mill Street; 1261 Mill Street; 1143, 1137 and 1127 Peach Street;
Righetti House, 1314 Palm Street
Packet Page 34
Item 4
City of San Luis Obispo Architectural Character
Citywide Historic Context Statement
HISTORIC RESOURCES GROUP
145
ITALIANATE
The Italianate style began in England as part of the Picturesque Movement. As used in the United
States, this style generally followed the informal model of the simple Italian farmhouse, but was
adapted into an indigenous style. This style did not enjoy the widespread popularity of other
Victorian-era styles, and relatively few Italianate buildings were built.
Character-defining features include:
x Symmetrical façade
x Low pitched hipped or flat roof
x Widely overhanging eaves with large decorative brackets
x Tall narrow windows, commonly arched or curved above
x Elaborated window crowns
x One-story entry porch, often supported by square posts with beveled corners
x Centrally-placed square tower or cupola
Jack House, 536 Marsh Street, 1880. Source: Historic Resources
Group.
Fitzgerald House, 794 Buchon Street, 1902.
Source: Historic Resources Group.
Packet Page 35
Item 4
Packet Page 36
Item 4
Packet Page 37
Item 4
Packet Page 38
Item 4
=RQLQJRUUHPRYHWKHSURSHUW\IURPKLVWRULFOLVWLQJLIWKHVWUXFWXUHRQWKHSURSHUW\QRORQJHU
PHHWVHOLJLELOLW\FULWHULDIRUOLVWLQJIROORZLQJWKHSURFHVVIRUOLVWLQJVHWIRUWKKHUHLQ
(YDOXDWLRQ&ULWHULDIRU+LVWRULF5HVRXUFH/LVWLQJ
:KHQGHWHUPLQLQJLIDSURSHUW\VKRXOGEHGHVLJQDWHGDVDOLVWHG+LVWRULFRU&XOWXUDO5HVRXUFH
WKH&+&DQG&LW\&RXQFLOVKDOOFRQVLGHUWKLVRUGLQDQFHDQG6WDWH+LVWRULF3UHVHUYDWLRQ2IILFH
³6+32´ VWDQGDUGV,QRUGHUWREHHOLJLEOHIRUGHVLJQDWLRQWKHUHVRXUFHVKDOOH[KLELWDKLJK
OHYHORIKLVWRULFLQWHJULW\EHDWOHDVWILIW\ \HDUVROG OHVVWKDQLILWFDQEHGHPRQVWUDWHG
WKDWHQRXJKWLPHKDVSDVVHGWRXQGHUVWDQGLWVKLVWRULFDOLPSRUWDQFH DQGVDWLVI\DWOHDVWRQHRIWKH
IROORZLQJFULWHULD
$$UFKLWHFWXUDO&ULWHULD (PERGLHVWKHGLVWLQFWLYHFKDUDFWHULVWLFVRIDW\SHSHULRGUHJLRQRU
PHWKRGRIFRQVWUXFWLRQRUUHSUHVHQWVWKHZRUNRIDPDVWHURUSRVVHVVHVKLJKDUWLVWLFYDOXHV
6W\OH 'HVFULEHVWKHIRUPRIDEXLOGLQJVXFKDVVL]HVWUXFWXUDOVKDSHDQGGHWDLOV
ZLWKLQWKDWIRUP HJDUUDQJHPHQWRIZLQGRZVDQGGRRUVRUQDPHQWDWLRQHWF %XLOGLQJ
VW\OHZLOOEHHYDOXDWHGDVDPHDVXUHRI
D 7KHUHODWLYHSXULW\RIDWUDGLWLRQDOVW\OH
E 5DULW\RIH[LVWHQFHDWDQ\WLPHLQWKHORFDOH DQGRUFXUUHQWUDULW\DOWKRXJKWKH
VWUXFWXUHUHIOHFWVDRQFHSRSXODUVW\OH
F 7UDGLWLRQDOYHUQDFXODUDQGRUHFOHFWLFLQIOXHQFHVWKDWUHSUHVHQWDSDUWLFXODUVRFLDO
PLOLHXDQGSHULRGRIWKHFRPPXQLW\ DQGRUWKHXQLTXHQHVVRIK\EULGVW\OHVDQGKRZ
WKHVHVW\OHVDUHSXWWRJHWKHU
'HVLJQ 'HVFULEHVWKHDUFKLWHFWXUDOFRQFHSWRIDVWUXFWXUHDQGWKHTXDOLW\RIDUWLVWLF
PHULWDQGFUDIWVPDQVKLSRIWKHLQGLYLGXDOSDUWV5HIOHFWVKRZZHOODSDUWLFXODUVW\OHRU
FRPELQDWLRQ RI VW\OHV DUH H[SUHVVHG WKURXJK FRPSDWLELOLW\ DQG GHWDLOLQJ RI HOHPHQWV
$OVR VXJJHVWV GHJUHH WR ZKLFK WKH GHVLJQHU HJ FDUSHQWHUEXLOGHU DFFXUDWHO\
LQWHUSUHWHGDQGFRQYH\HGWKHVW\OH V %XLOGLQJGHVLJQZLOOEHHYDOXDWHGDVDPHDVXUHRI
D 1RWDEOHDWWUDFWLYHQHVVZLWKDHVWKHWLFDSSHDOEHFDXVHRILWVDUWLVWLFPHULWGHWDLOVDQG
FUDIWVPDQVKLS HYHQLIQRWQHFHVVDULO\XQLTXH
E $Q H[SUHVVLRQ RI LQWHUHVWLQJ GHWDLOV DQG HFOHFWLFLVP DPRQJ FDUSHQWHUEXLOGHUV
DOWKRXJKWKHFUDIWVPDQVKLSDQGDUWLVWLFTXDOLW\PD\QRWEHVXSHULRU
$UFKLWHFW 'HVFULEHVWKHSURIHVVLRQDO DQLQGLYLGXDORUILUP GLUHFWO\UHVSRQVLEOHIRU
WKH EXLOGLQJ GHVLJQ DQG SODQV RI WKH VWUXFWXUH 7KH DUFKLWHFWZLOO EH HYDOXDWHG DV D
UHIHUHQFHWR
Packet Page 39
Item 4
D $ QRWDEOH DUFKLWHFW HJ :ULJKW 0RUJDQ LQFOXGLQJ DUFKLWHFWV ZKR PDGH
VLJQLILFDQWFRQWULEXWLRQVWRWKHVWDWHRUUHJLRQRUDQDUFKLWHFWZKRVHZRUNLQIOXHQFHG
GHYHORSPHQWRIWKHFLW\VWDWHRUQDWLRQ
E $QDUFKLWHFWZKRLQWHUPVRIFUDIWVPDQVKLSPDGHVLJQLILFDQWFRQWULEXWLRQVWR6DQ
/XLV2ELVSR HJ$EUDKDPVZKRDFFRUGLQJWRORFDOVRXUFHVGHVLJQHGWKHKRXVHDW
2VRV)UDQN$YLOD
VIDWKHU
VKRPHEXLOWEHWZHHQ ±
%+LVWRULF&ULWHULD
+LVWRU\±3HUVRQ $VVRFLDWHGZLWKWKHOLYHVRISHUVRQVLPSRUWDQWWRORFDO&DOLIRUQLD
RUQDWLRQDOKLVWRU\+LVWRULFSHUVRQZLOOEHHYDOXDWHGDVDPHDVXUHRIWKHGHJUHHWRZKLFK
DSHUVRQRUJURXSZDV
D 6LJQLILFDQWWRWKHFRPPXQLW\DVDSXEOLFOHDGHU HJPD\RUFRQJUHVVPHPEHU
HWF RU IRU KLV RU KHU IDPH DQG RXWVWDQGLQJ UHFRJQLWLRQ ORFDOO\ UHJLRQDOO\ RU
QDWLRQDOO\
E 6LJQLILFDQWWRWKHFRPPXQLW\DVDSXEOLFVHUYDQWRUSHUVRQZKRPDGHHDUO\XQLTXH
RURXWVWDQGLQJFRQWULEXWLRQVWRWKHFRPPXQLW\LPSRUWDQWORFDODIIDLUVRULQVWLWXWLRQV
HJ FRXQFLO PHPEHUV HGXFDWRUV PHGLFDO SURIHVVLRQDOV FOHUJ\PHQ UDLOURDG
RIILFLDOV
+LVWRU\±(YHQW $VVRFLDWHGZLWKHYHQWVWKDWKDYHPDGHDVLJQLILFDQWFRQWULEXWLRQWR
WKHEURDGSDWWHUQVRIORFDORUUHJLRQDOKLVWRU\RUWKHFXOWXUDOKHULWDJHRI&DOLIRUQLDRUWKH
8QLWHG6WDWHV+LVWRULFHYHQWZLOOEHHYDOXDWHGDVDPHDVXUHRI
L $ODQGPDUNIDPRXVRUILUVWRILWVNLQGHYHQWIRUWKHFLW\UHJDUGOHVVRIZKHWKHU
WKHLPSDFWRIWKHHYHQWVSUHDGEH\RQGWKHFLW\
LL $UHODWLYHO\XQLTXHLPSRUWDQWRULQWHUHVWLQJFRQWULEXWLRQWRWKHFLW\ HJWKH$K
/RXLV6WRUHDVWKHFHQWHUIRU&KLQHVH$PHULFDQFXOWXUDODFWLYLWLHVLQHDUO\6DQ/XLV
2ELVSRKLVWRU\
+LVWRU\&RQWH[W $VVRFLDWHG ZLWK DQG DOVR D SULPH LOOXVWUDWLRQ RI SUHGRPLQDQW
SDWWHUQV RI SROLWLFDO VRFLDO HFRQRPLF FXOWXUDO PHGLFDO HGXFDWLRQDO JRYHUQPHQWDO
PLOLWDU\LQGXVWULDORUUHOLJLRXVKLVWRU\+LVWRULFFRQWH[WZLOOEHHYDOXDWHGDVDPHDVXUH
RIWKHGHJUHHWRZKLFKLWUHIOHFWV
D (DUO\ILUVWRUPDMRUSDWWHUQVRIORFDOKLVWRU\UHJDUGOHVVRIZKHWKHUWKHKLVWRULF
HIIHFWVJREH\RQGWKHFLW\OHYHOWKDWDUHLQWLPDWHO\FRQQHFWHGZLWKWKHEXLOGLQJ HJ
&RXQW\0XVHXP
E 6HFRQGDU\SDWWHUQVRIORFDOKLVWRU\EXWFORVHO\DVVRFLDWHGZLWKWKHEXLOGLQJ HJ
3DUN+RWHO
Packet Page 40
Item 4
&,QWHJULW\ $XWKHQWLFLW\ RI DQ KLVWRULFDO UHVRXUFH¶V SK\VLFDO LGHQWLW\ HYLGHQFHG E\ WKH
VXUYLYDORIFKDUDFWHULVWLFVWKDWH[LVWHGGXULQJWKHUHVRXUFH¶VSHULRGRIVLJQLILFDQFH,QWHJULW\
ZLOOEHHYDOXDWHGE\DPHDVXUHRI
:KHWKHURUQRWDVWUXFWXUHRFFXSLHVLWVRULJLQDOVLWHDQGRUZKHWKHURUQRWWKH
RULJLQDOIRXQGDWLRQKDVEHHQFKDQJHGLINQRZQ
7KHGHJUHHWRZKLFKWKHVWUXFWXUHKDVPDLQWDLQHGHQRXJKRILWVKLVWRULFFKDUDFWHU
RUDSSHDUDQFHWREHUHFRJQL]DEOHDVDQKLVWRULFUHVRXUFHDQGWRFRQYH\WKHUHDVRQ V
IRULWVVLJQLILFDQFH
7KH GHJUHH WR ZKLFK WKH UHVRXUFH KDV UHWDLQHG LWV GHVLJQ VHWWLQJ PDWHULDOV
ZRUNPDQVKLSIHHOLQJDQGDVVRFLDWLRQ
+LVWRULF'LVWULFW'HVLJQDWLRQ3XUSRVHDQG$SSOLFDWLRQ
$+LVWRULF + 'LVWULFWGHVLJQDWLRQ$OOSURSHUWLHVZLWKLQKLVWRULFGLVWULFWVVKDOOEHGHVLJQDWHG
E\DQ³+´]RQLQJ3URSHUWLHV]RQHG³+´VKDOOEHVXEMHFWWRWKHSURYLVLRQVDQGVWDQGDUGVDV
SURYLGHGLQ2UGLQDQFH =RQLQJ RIWKH0XQLFLSDO&RGH
%3XUSRVHVRI+LVWRULF'LVWULFWV7KHSXUSRVHVRIKLVWRULFGLVWULFWVDQG+]RQHGHVLJQDWLRQDUH
WR
,PSOHPHQW FXOWXUDO UHVRXUFH SUHVHUYDWLRQ SROLFLHV RI WKH *HQHUDO 3ODQ WKH
SUHVHUYDWLRQ SURYLVLRQV RI DGRSWHG DUHD SODQV WKH +LVWRULF 3UHVHUYDWLRQ DQG
$UFKDHRORJLFDO5HVRXUFH3UHVHUYDWLRQ3URJUDP*XLGHOLQHVDQG
,GHQWLI\DQGSUHVHUYHGHILQDEOHXQLILHGJHRJUDSKLFDOHQWLWLHVWKDWSRVVHVVDVLJQLILFDQW
FRQFHQWUDWLRQOLQNDJHRUFRQWLQXLW\RIVLWHVEXLOGLQJVVWUXFWXUHVRUREMHFWVXQLWHG
KLVWRULFDOO\RUDHVWKHWLFDOO\E\SODQRUSK\VLFDOGHYHORSPHQW
,PSOHPHQW KLVWRULF SUHVHUYDWLRQ SURYLVLRQV RI DGRSWHG DUHDDQG QHLJKERUKRRG
LPSURYHPHQWSODQV
(QKDQFHDQGSUHVHUYHWKHVHWWLQJRIKLVWRULFUHVRXUFHVVRWKDWVXUURXQGLQJODQGXVHV
DQGVWUXFWXUHVGRQRWGHWUDFWIURPWKHKLVWRULFRUDUFKLWHFWXUDOLQWHJULW\RIGHVLJQDWHG
KLVWRULFUHVRXUFHVDQGGLVWULFWV DQG
3URPRWHWKHSXEOLFXQGHUVWDQGLQJDQGDSSUHFLDWLRQRIKLVWRULFUHVRXUFHV
&(OLJLELOLW\IRULQFHQWLYHV3URSHUWLHV]RQHGDV+LVWRULF3UHVHUYDWLRQ + VKDOOEHHOLJLEOHIRU
SUHVHUYDWLRQLQFHQWLYHDQGEHQHILWSURJUDPVDVHVWDEOLVKHGKHUHLQLQWKH*XLGHOLQHVDQGRWKHU
ORFDOVWDWHDQGIHGHUDOSURJUDPV
Packet Page 41
Item 4
Page intentionally left
blank.
Packet Page 42
Item 4