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<br />REQUEST FOR <br />COUNCIL ACTION <br /> <br />~ <br />~~J~ <br />~ <br /> <br />CITY COUNCIL MEETING DATE: <br /> <br />CLERK OF COUNCIL USE ONLY: <br /> <br />NOVEMBER 21, 2005 <br /> <br />TITLE: <br />HISTORIC PROPERTY PRESERVATION <br />AGREEMENT NO. 2005-11 FOR THE <br />PROPERTY LOCATED AT 2421 NORTH <br />OAKMONT AVENUE <br /> <br />APPROVED <br /> <br />o As Recommended <br />o As Amended <br />o Ordinance on 151 Reading <br />o Ordinance on 2nd Reading <br />o Implementing Resolution <br />o Set Public Hearing For <br /> <br />a,/h{2,~ <br /> <br />CONTINUED TO <br /> <br />FILE NUMBER <br /> <br />CITY MANAGER <br /> <br />RECOMMENDED ACTION <br /> <br />Direct the City Attorney to prepare and authorize the City Manager and <br />the Clerk of the Council to execute an agreement with Brent Argo and <br />James Maldonado for the structure located at 2421 North Oakmont Avenue. <br /> <br />HISTORIC RESOURCES COMMISSION ACTION <br /> <br />Recommended that the City Council direct the City Attorney to prepare and <br />authorize the City Manager and the Clerk of the Council to execute an <br />agreement with Brent Argo and James Maldonado for the structure located <br />at 2421 North Oakmont Avenue at its November 3, 2005 meeting by a vote of <br />9 : 0 . <br /> <br />DISCUSSION <br /> <br />After the public hearing on November 3, 2005, the Historic Resources <br />Commission reviewed the proposed Historic Property Preservation Agreement <br />(Mills Act Contract) and concluded that the resulting potential property <br />tax savings would encourage the owner to reinvest the tax savings in the <br />maintenance of their historic property, and would benefit both the owner <br />and the community (Exhibit A). Additionally, the agreement prevents <br />inappropriate alterations. <br /> <br />25E-1 <br />