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<br />REQUEST FOR <br />Historic Resources Commission Action <br /> <br /> <br />HSTORIC RESOURCESca.MSSION NEETNG DATE: <br />AUGUST 3, 2006 <br /> <br />TITLE: <br />HISTORIC PROPERTY PRESERVATION <br />AGREEMENT NO. 2006-03 FOR THE PROPERTY <br />LOCATED AT 1106 NORTH SPURGEON STREET <br /> <br />HISTORIC RESOURCES COMMISSION SECRETARY <br /> <br />APPROVED <br />o As Recommended <br />o As Amended <br />o Set Public Hearing For <br /> <br />CONTINUED TO <br /> <br />Prepared by Hally Soboleske <br /> <br />ttive Director <br /> <br />llaMkL ~ <br />Planning Mana r <br /> <br />RECOMMENDED ACTION <br /> <br />Recommend 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 Paul D. Giles for the structure located at 1106 North <br />Spurgeon Street. <br /> <br />DISCUSSION <br /> <br />Request of Applicant <br /> <br />The applicant, Paul D. Giles, requests the approval of Historic Property <br />Preservation Agreement No. 2006-03 (Mills Act) between the applicant and <br />the City of Santa Ana. <br /> <br />Property Description <br /> <br />The subj ect property includes a single story residence and a detached <br />two-car garage located at 1106 North Spurgeon Street, and is within the <br />French Park National Register District (Exhibit 1). Surrounding land <br />uses are residential with a parking lot to the immediate south. <br /> <br />Analysis of the Issues <br /> <br />In March 1999, the City Council approved an ordinance authorizing <br />Historic Property Preservation Agreements (HPPA), commonly known as the <br />Mills Act contracts, for eligible historic properties. The agreement <br />provides monetary incentive to the property owner in the form of a <br />property tax reduction in exchange to the owner's voluntary commitment <br />to maintain the property in a good state of repair and to rehabilitate <br />the property as necessary to maintain its character and appearance. <br />Once recorded, the agreement triggers the use of a different valuation <br />method in determining the property's assessed value, thereby resulting <br />in potentially significant property tax savings for the owner. <br /> <br />EX~lg'B~3 <br /> <br />