Item 13 - Historic Property Preservation Agreements

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Historic Property Preservation Agreements October 19, 2021 Page 2 2 1 1 6 reinvest the tax savings towards the maintenance of the historic property. Additionally, the agreements prevent inappropriate alterations to the protected historic structure(s). ENVIRONMENTAL IMPACT In accordance with the California Environmental Quality Act, the proposed projects are exempt from further review. The following Categorical Exemptions will be filed for this project: ER No. 2021-89 (2417 N. North Park Boulevard) ER No. 2021-87 (2120 N. Heliotrope Drive) ER No. 2021-88 (2307 N. Riverside Drive) ER No. 2021-90 (2420 N. North Park Boulevard) ER No. 2021-85 (217 N. Main Street) FISCAL IMPACT The Historic Property Preservation Agreement will reduce the Property Tax revenue account 01102002-50011 to the City by an estimated $10,125.67 annually noted below, for a period of not less than ten years. HPPA No.Address Estimate Exhibit No. 2021-13 2417 N. North Park Boulevard $935.70 1-2 2021-14 2120 N. Heliotrope Drive $864.89 3-4 2021-15 2307 N. Riverside Drive $912.97 5-6 2021-16 2420 N. North Park Boulevard $482.11 7-8 2021-19 217 N. Main Street $6,930.00 9-10 Total for All Properties:$10,125.67 EXHIBIT(S) 1. Mills Act Agreement – 2417 N. North Park Boulevard 2. HRC Staff Report – 2417 N. North Park Boulevard 3. Mills Act Agreement – 2120 N. Heliotrope Drive 4. HRC Staff Report – 2120 N. Heliotrope Drive 5. Mills Act Agreement – 2307 N. Riverside Drive 6. HRC Staff Report– 2307 N. Riverside Drive 7. Mills Act Agreement – 2420 N. North Park Boulevard 8. HRC Staff Report – 2420 N. North Park Boulevard 9. Mills Act Agreement – 217 N. Main Street 10. HRC Staff Report – 217 N. Main Street Submitted By: Minh Thai, Executive Director of Planning and Building Agency Approved By: Kristine Ridge, City Manager