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• Protect,preserve, enhance, restore and/or rehabilitate historic, cultural, architectural or <br /> archaeological resources of significance, especially those that are threatened; <br /> • Protect, preserve, enhance, restore and/or rehabilitate Town-owned properties, features or <br /> resources of historical significance; <br /> • Protect,preserve, enhance, restore and/or rehabilitate the historical function of a property <br /> or site; <br /> • Support the adaptive reuse of historic properties; <br /> • Affect a site within a Lexington Historic District, on a State or National Historic Register, <br /> or eligible for placement on such registers, or on the Lexington Historical Commission's <br /> Cultural Resources Inventory; <br /> • Demonstrate a specific public benefit; and/or <br /> • Provide permanent protection for maintaining a historic resource. <br /> RECOMMENDATIONS <br /> These goals can be addressed, first, through the comprehensive identification of the historic <br /> resources that are at risk in Lexington due to lack of funding, insensitive alterations or deferred <br /> maintenance, or other lack of stewardship. Second, the Town needs to provide the incentives to <br /> promote successful and sensitive rehabilitation/restoration projects, especially those that <br /> incorporate the Standards published by the U.S. Secretary of the Interior, and the adaptive reuse <br /> of historic buildings that have outlived their original purposes. Third, Lexington should be <br /> aware of the full complement of preservation techniques available to us, including the creation of <br /> conservation overlay districts to protect areas where the substantial oversight and control of a <br /> historic district is not warranted or feasible, and the purchase of preservation easements from <br /> owners of historic houses that would equalize their economic value so that they could be sold as <br /> houses and not teardown opportunities. Special attention should be paid to threatened classes of <br /> resources, such as Mid-Century Modernist homes, post -World War II buildings and historic <br /> schools. <br /> Specific projects might include the following: <br /> • Acquisition of historic properties —buildings, landscapes, sites, structures or <br /> preservation easements. CPA funds could help bridge the economic gap to make possible <br /> the acquisition and adaptation of older, historic homes for affordable housing or assisted <br /> living as an alternative to teardown and redevelopment. Lexington CPA funding <br /> contributed to the acquisition and reuse of the M. H. Merriam and Co. Building on <br /> Oakland Street, a former factory that was converted into the Douglas House, a residence <br /> for survivors of brain injuries. <br /> 12 <br />