25A - HISTORIC PROPERTY AGMT 711 S BROADWAY

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REQUEST FOR Historic Resources Commission Action ~ ~.r~on~ HSTORIC RESOURCES COMMISSION SECRETARY HSTORICRESOURCESc:or.MSSIOlJ MEETJIlG DAlE: APRIL 6, 2006 TITLE: HISTORIC PROPERTY PRESERVATION AGREEMENT NO. 2005-16 FOR THE PROPERTY LOCATED AT 711 SOUTH BROADWAY APPROVED o As Recommended o As Amended o Set Public Hearing For CONTINUED TO Prepared by Hally Soboleske ~fiExecutive Director RECOMMENDED ACTION ~~~ Planning Manag Recommend that the City Council direct the City Attorney to prepare and authorize the City Manager and the Clerk of the Council to execute an agreement with Bernabe Aguilar Saldivar for the structure located at 711 South Broadway. DISCUSSION Request of Applicant The applicant, Bernabe Aguilar Saldivar, requests the approval of Historic Property Preservation Agreement No. 2005-16 (Mills Act) between the applicant and the City of Santa Ana. Property Description The subject property includes a two-story residence and a detached single-car garage located at 711 South Broadway, and is within the Heninger Park neighborhood. Surrounding land uses are single family residential with multi-family to the west, 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 for 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 25A-3