25A - HISTORIC PROPERTY PRESV AGMT NO. 2006-001

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REQUEST FOR Historic Resources Commission Action HISTORIC RESOURCES COIIIMSSIOI~ I\oEEI1IIG DAlE: JULY 6, 2006 TITLE: HISTORIC PROPERTY PRESERVATION AGREEMENT NO. 2006-01 FOR THE PROPERTY LOCATED AT 2419 NORTH BONNIE BRAE HIST RESOURCES COMMISSION SECRETARY APPR VED o As Recommended o As Amended o Set Public Hearing For CONT NUED TO Prepared by Hally Soboleske ~../"" ,) Executive Director ~-<<- ~ . I Planning flA2(nager RECOMMENDED ACTION Recommend that the City Council direct the City Attorney to prepare and authorize the City Manager and the Clerk of th Council to execute an agreement with Glenn William Robertson and Jane Adair Robertson for the structure located at 2419 North Bonnie Brae. DISCUSSION Request of Applicant The applicants, Glenn William Robertson and request the approval of Historic Property Pre 2006-01 (Mills Act) between the applicant and the Jane Adair Robertson, ervation Agreement No. City of Santa Ana. Property Description The subject property includes a two-story car garage located at 2419 North Bonnie Floral Park neighborhood (Exhibit 1). residential. reside ce and a detached Brae, and is within the Surr unding land uses Analysis of the Issues two- West are 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 pro erties. The agreement provides monetary incentive to the property 0 ner 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 rep ir and to rehabilitate the property as necessary to maintain its ch racter and appearance. Once recorded, the agreement triggers the use a different valuation method in determining the property's assessed lue, thereby resulting in potentially significant property tax savings f r the owner. E~~~~