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<br />HPP Agreement <br />July 6, 2004 <br />Page 2 <br /> <br />No. 2004-02 <br /> <br />FISCAL IMPACT <br /> <br />The Historic Property Preservation Agreement will reduce the property tax <br />revenue to the City by an estimated $78 to $391 annually, for a period of <br />not less than ten years. <br /> <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br />dt:¿'2~~ <br /> <br />Executive Director <br />Planning & Building <br /> <br />Agency <br /> <br /> <br />oma <br />Director <br />Management <br /> <br />Services Agency <br /> <br />MGM:rb <br />mgm\historic\June2004\MillsAct\hppa04-02.cc <br /> <br />25A-2 <br />