- Promote the educational, cultural, economic and general welfare of the public through the recognition, enhancement and perpetuation of sites and districts of historical and cultural significance;
- Safeguard the city's historic, aesthetic and cultural heritage by preserving sites and districts of historic and cultural significance;
- Stabilize and improve property values;
- Foster pride in the legacy of beauty and achievements of the past;
- Protect and enhance the city's attractions to tourists and visitors and the support and stimulus to business thereby provided;
- Strengthen the economy of the city;
- Promote the use of sites and districts of historic and cultural significance as places for the education, pleasure and welfare of the people of the city.