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Approval of Historic Property Preservation Agreements <br />June 21, 2022 <br />Page 2 <br />2 <br />7 <br />0 <br />4 <br />DISCUSSION <br />On May 5, 2022, the Historic Resources Commission (HRC) recommended that the City <br />Council authorize the City Manager to execute the above-referenced Mills Act <br />agreements with the identified property owners for historic structure(s) in the City, subject <br />to non-substantive changes approved by the City Manager and City Attorney. This action <br />allows for the approval of a Historic Property Preservation Agreement (Mills Act Contract) <br />which provides a property tax reduction whereby property owners agree to reinvest the <br />tax savings towards the maintenance of the historic property. Additionally, the agreement <br />prevents inappropriate alterations to the protected historic structure(s). <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. 2022-25 (1015 West Camile Street) <br />ER No. 2022-26 (2308 North Santiago Street) <br />ER No. 2022-27 (2010 Greenleaf Street) <br />ER No. 2022-28 (2315 North Flower Street) <br />ER No. 2022-29 (2302 North Heliotrope Drive) <br />ER No. 2022-30 (2116 North Ross 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 $5,150.12 annually noted below, <br />for a period of not less than ten years. <br />HPPA No.Address Estimate Exhibit No. <br />2022-2 2308 North Santiago Street $972.08 1-2 <br />2022-4 1015 West Camile Street $530.53 3-4 <br />2022-6 2010 Greenleaf Street $1,016.51 5-6 <br />2022-7 2302 North Heliotrope Drive $1,417.86 7-8 <br />2022-8 2116 North Ross Street $475.73 9-10 <br />2022-9 2315 North Flower Street $737.41 11-12 <br />Total for All Properties:$5,150.12 <br />EXHIBIT(S) <br />1. Mills Act Agreement – 2308 North Santiago Street <br />2. HRC Staff Report – 2308 North Santiago Street <br />3. Mills Act Agreement – 1015 West Camile Street <br />4. HRC Staff Report – 1015 West Camile Street <br />5. Mills Act Agreement – 2010 Greenleaf Street <br />6. HRC Staff Report– 2010 Greenleaf Street