S ORD-1998-014 Designation of Orange County Historic Landmarks

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04,) allow the HPC to delay it for up to a year while the Commission seeks preservation alternatives. Preservation of historic resources through local designation can be a significant and beneficial factor in the local economy. The rehabilitation of historic buildings can generate jobs, creating more jobs than the same investment in new construction. Historic rehabilitation activities have significant "multiplier effects" to the local economy, creating a positive impact on other business and to the local tax base. It can also be cost effective and sustainable, promoting the reuse and recycling of building materials and reducing the volume of construction and demolition debris in the waste stream. A local historic preservation program can be the foundation for promoting heritage tourism, which is the fastest-growing segment of the tourism industry in North Carolina. This trend bears further consideration by a broad group of pertinent interests in the County, such as visitors' bureaus, economic development proponents, and preservationists. A local historic preservation program has significant educational value for the enrichment of County citizens. The preservation of historic architectural resources and landscapes provide examples of past architectural styles, construction methods, and materials. Research for landmark designation reports will increase our knowledge of local history. A local historic preservation program protects the County's historical heritage and enhances the quality of life for its citizens and visitors. Preservation of historic architecture and landscape helps define traditions and values for the present and the future. It is a significant factor in Orange County's successful economic growth into the 21 st century. 6 Conclusion and Recommendations A local landmark designation program is an effective tool for protecting historic resources and promoting the values of preservation. The Board of Commissioners has the authority to implement such a program. It is consistent with existing planning goals and the Board's proven commitment to protecting its cultural resources. A landmark designation program is the next logical step in the County's comprehensive historic preservation program, building upon the extensive historic resource inventories and the historic preservation element of the county's Comprehensive Plan. A landmarks program would place Orange County in the mainstream of local government historic preservation programs in North Carolina The Historic Preservation Commission enthusiastically recommends the adoption of a local landmark designation program. The HPC also recommends that $10,000 be appropriated annually to establish a Historic Preservation Fund for National Register nominations and local designation reports. 5