The purpose of this subchapter is to promote the protection, enhancement, perpetuation, and use of improvements and areas within the city of special character and/or historical interest or value, in the interest of promoting the health, prosperity, safety, and welfare of the people of the city by:
(A) Identifying historically and/or architecturally significant properties, structures, neighborhoods, or areas within the city;
(B) Designating areas or structures as historically and/or architecturally significant;
(C) Educating the public and property and business owners, local governmental units and civic organizations on the historical and architectural heritage of the city, as well as the economic, social, and cultural benefits and preservation; and advising and assisting property and business owners on the physical and financial aspects of preservation, including holding seminars and other educational programs with regard thereto and providing guidance and assistance in obtaining financial aid, technical assistance and assistance in locating materials and preservation-oriented contractors;
(D) Encouraging the preservation of historic areas and structures through educational, financial, and administrative means; and
(E) Recognizing significant historic and/or architectural preservation efforts, thereby encouraging further preservation activities.