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Approval of Historic Property Preservation Agreement <br />April 18, 2023 <br />Page 2 <br />3 <br />3 <br />1 <br />4 <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 $939.29 annually noted below, for <br />a period of not less than ten years. <br />HPPA No.Address Estimate Exhibit No. <br />2023-1 2311 N. Benton Way $939.29 1-2 <br />Total for all Properties:$939.29 <br />EXHIBIT(S) <br />1. Mills Act Agreement – 2311 N. Benton Way <br />2. HRC Staff Report – 2311 N. Benton Way <br />Submitted By: Minh Thai, Executive Director of Planning and Building Agency <br />Approved By: Kristine Ridge, City Manager