25D - 2348 N NORTH PARK BLVD - Laserfiche WebLink

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REQUEST FOR Historic Resources Commission Action ~ ~ HISTORIC RESOURCESCCNMISSION SECRETARY HSTORIC RESOURCES CCNMISSION MEE11'JG DATE: NOVEMBER 3, 2005 TITLE: HISTORIC PROPERTY PRESERVATION AGREEMENT NO. 2005-10 FOR THE PROPERTY LOCATED AT 2348 NORTH NORTH PARK BOULEVARD APPROVED o As Recommended o As Amended o Set Public Hearing For CONTINUED TO Prepared by Hally Soboleske ~1 ~ . Executive Director RECOMMENDED ACTION ~~~ Planning Man er Recommend that the City Council authorize the City Manager and agreement with James A. Zamora North Park Boulevard. direct the City Attorney to prepare and the Clerk of the Council to execute an for the structure located at 2348 North DISCUSSION Request of Applicant The applicant, James A. Zamora, requestS Property Preservation Agreement No. 2005-10 applicant and the City of Santa Ana. the approval (Mills Act) of Historic between the Property Description The subject property includes a two-story residence and a detached two- car garage located at 2348 North North Park Boulevard, and is within the Floral Park neighborhood. Surrounding land uses are residential. Analysis of the Issues In March 1999, the City Council approved an ordinance authorizing Historic Property Preservation Agreements (HPPA), commonly known as the Mills Act contracts, for eligible historic properties. The agreement provides monetary incentive to the property owner in the form of a property tax reduction in exchange to the owner's voluntary commitment to maintain the property in a good state of repair and to rehabilitate the property as necessary to maintain its character and appearance. Once recorded, the agreement triggers the use of a different valuation method in determining the property's assessed value, thereby resulting in potentially significant property tax savings for the owner. EXHIBIT A 250-3