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REPORT • St. Louis Midwest Preservation Conference - March 6-8, 1986 The conference took place in the 1894 Union Station, recently converted to a hotel, shopping, conference, and entertainment center. It was the largest tax act project in the country. Tax Act Update Retaining Investment Tax Credits as part of the current tax bill passed the House with the 25% ITC reduced to 20%. It is now before the Senate (see the enclosed A.S.A.P. Preservation for a further update on legislative and funding issues). 1986 National Trust Annual Mtg. The 1986 Annual Meeting will be October 15-19 in Kansas City, Missouri (see enclosed sheet for more information). Rural Preservation A 17 -minute slide/tape presentation entitled, "Rural Conservation: Preservation in •a Living Landscape " is available to rent from the National Trust Midwest Office. It deals with identifying the rural resources, the threats to them, and possible solutions. We might want to consider it for a meeting. Information Sheet The latest Information Sheet published by the National Trust was distributed. It deals with working with volunteers and is available in the office if you're interested. Certified Local Government Program Over 155 communities across the country are now Certified Local Governments. In a small group of representatives of Commissions discussed the implications of the program. As you will recall, the CLG program involves direct involvement in reviewing National Register nominations and eligibility for 10% of the State Office's funding. We discussed whether a commission's involvement in the N. R. applications would lengthen it and it will, but not considerably. I asked if staff at the local level would need to deal with deficiencies in the applications but that will continue to be the responsibility of the state staff. We also discussed whether there would be interest in the CLG program if the 10% money dried up and many of us felt there would not be. •