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Approval of Historic Property Preservation Agreements <br />May 18, 2021 <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. 2020-68 (2042 N. Victoria Drive) <br />• ER No. 2021-05 (824 N. Garfield Street) <br />• ER No. 2021-02 (520 W. Nineteenth Street) <br />• ER No. 2020-62 (2014 N. 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 $2,811.01 annually noted below, <br />for a period of not less than ten years. <br />HPPA No. <br />Address <br />Estimate <br />Exhibit No. <br />2020-01 <br />2042 N. Victoria Drive <br />$735.55 <br />1-2 <br />2020-18 <br />824 N. Garfield Street <br />$394.94 <br />3-4 <br />2020-20 <br />520 W. Nineteenth Street <br />$769.46 <br />5-6 <br />2021-01 <br />2014 N. Flower Street <br />$911.06 <br />7-8 <br />Total for All Properties: <br />$2,811.01 <br />EXHIBIT(S) <br />1. Mills Act Agreement — 2042 N. Victoria Drive <br />2. HRC Staff Report — 2042 N. Victoria Drive <br />3. Mills Act Agreement — 824 N. Garfield Street <br />4. HRC Staff Report — 824 N. Garfield Street <br />5. Mills Act Agreement — 520 W. Nineteenth Street <br />6. HRC Staff Report— 520 W. Nineteenth Street <br />7. Mills Act Agreement — 2014 N. Flower Street <br />8. HRC Staff Report — 2014 N. Flower Street <br />Submitted By: Minh Thai, Executive Director of Planning and Building Agency <br />Approved By: Kristine Ridge, City Manager <br />