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Historic Property Preservation Agreements <br />February 15, 2022 <br />Page 2 <br />ENVIRONMENTAL IMPACT <br />In accordance with the California Environmental Quality Act, the proposed projects are <br />exempt from further review. The following Categorical Exemptions will be filed for this <br />project: <br />• ER No. 2021-100 (2383 North Flower Street) <br />• ER No. 2021-101 (2445 North Park Boulevard) <br />• ER No. 2021-102 (2311 North Santiago Street) <br />• ER No. 2021-103 (2397 North Flower Street) <br />FISCAL IMPACT <br />The Historic Property Preservation Agreement will reduce the Property Tax revenue <br />account 01102002-50011 to the City by an estimated $4,714.72 annually noted below, <br />for a period of not less than ten years. <br />HPPA No. <br />Address <br />Estimate <br />Exhibit No. <br />2021-20 <br />2383 North Flower Street <br />$1,070.69 <br />1-2 <br />2021-21 <br />2445 North Park Blvd. <br />$1,524.60 <br />3-4 <br />2021-22 <br />2311 North Santiago Street <br />$1,033.73 <br />5-6 <br />2021-23 <br />2397 North Flower Street <br />$1,085.70 <br />7-8 <br />Total for All Properties: <br />$4,714.72 <br />EXHIBIT(S) <br />1. Mills Act Agreement — 2383 North Flower Street <br />2. HRC Staff Report — 2383 North Flower Street <br />3. Mills Act Agreement — 2445 North Park Boulevard <br />4. HRC Staff Report — 2445 North Park Blvd. <br />5. Mills Act Agreement — 2311 North Santiago Street <br />6. HRC Staff Report— 2311 North Santiago Street <br />7. Mills Act Agreement — 2397 North Flower Street <br />8. HRC Staff Report — 2397 North Flower Street <br />Submitted By: Minh Thai, Executive Director of Planning and Building Agency <br />Approved By: Kristine Ridge, City Manager <br />City Council 15 — 2 2/15/2022 <br />