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Supporting History
The State Historical Fund: A Ten-year Legacy
In 1990 citizens of Colorado passed a constitutional amendment allowing
limited stakes gaming in Central City, Black Hawk, and Cripple Creek.
The legislation allocated a percentage of the state tax revenues from
gaming for historic preservation via a grant program managed by the
Colorado Historical Society. By 1992 the Society's newly established
State Historical Fund began the granting process with what was then
an unbelievable funding base of $3.2 million.
The first round awarded funds to projects such as the rehabilitation
of the Chautauqua Auditorium in Boulder, a Routt County historic context,
and interpretive markers and signage at the Grover Depot in Weld County.
These early projects created local interest in historic preservation
that continues today.
The State Historical Fund provided-and continues to provide-technical
and financial assistance for projects that might not have been completed
without outside help. To date, 2,179 grants have been awarded throughout
the state with projects in every county (including the newly formed
county of Broomfield). Funding currently stands at over $104 million-a
figure that few thought possible in 1990. Grant requests from the
current round are being reviewed and could add another $7 million
to that total.
But these figures are small compared to the total economic benefits
of these projects on Colorado's economy. A recent study shows that
incentives for historic rehabilitation projects, such as grants from
the State Historical Fund and state and federal tax credits, have
resulted in $676.2 million in direct rehabilitation expenditures.
The projects create jobs, maintain or increase property values, and
promote heritage tourism. Therefore, all State Historical Fund projects,
whether small or large, have a big impact on the overall economic
health of our state.
As the SHF does not prescribe minimum or maximum award amounts, grant
amounts vary widely. The smallest grant awarded to date has been $474
to Annunciation School for a historical photographic narrative of
the Cole neighborhood in Denver. The largest single competitive grant
for a preservation project has been $625,000 awarded to the Housing
Authority of Colorado Springs for the rehabilitation of the Lowell
School.
Seventy-nine grants have had a statewide influence while fifty grants
have crossed county lines and have regional influence. Denver County,
because of its large population and high number of historical resources,
has received the most grants, with 348. Boulder County comes in second
with 132, while Baca County has received the least number of grants,
with a single grant supporting an Interpretive Kiosk in Campo. Although
the Fund is proud to have served every county, it would like to support
more projects in under-represented counties. And with a National Register
nomination and archaeological brochure at Dinosaur National Monument
in northwest Colorado, a site restoration and archaeological survey
in southwest Colorado's Ute Mountain Ute Tribal Park, and a historic
structure assessment of the Hartsel Community Center in the state's
geographical center, the SHF has indeed covered all of the state's
regions.
In addition to reaching every county and corner of the nation's highest
state, the Fund also reaches every elevation. In Julesburg, the SHF
funded an exterior restoration of the Hippodrome Theater and a historic
structure assessment of the Municipal Library, both located at a mere
3,477 feet above sea level. Far to the southwest in the San Juan Mountains,
the Fund helped restore the Old Hundred Mine's Boardinghouse and Tramhouse,
perilously perched above Cunningham Gulch at 12,500 in elevation.
Due to the rough terrain, materials used for stabilization were airlifted
by helicopter to the site.
Ten years and $104 million-the state of Colorado is fortunate to have
such an all-encompassing program that not only provides support for
projects throughout the state but also benefits communities through
spin-off projects and investments that will leave a legacy of preservation
for years to come.
BY LYLE MILLER, Technical Advisor, State Historical Fund
SIDEBAR:
For more information on projects and the economic benefits of historic
preservation, read The Economic Benefits of Historic Preservation
in Colorado, available on-line
or hardcopy format at the SHF offices, 225 E. 16th Ave. #260 Denver,
or the Office of Archaeology and Historic Preservation, at 1300
Broadway, Denver.
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