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<br />HPP Agreement No. 2006-05 <br />November 20, 2006 <br />Page 2 <br /> <br />FISCAL IMPACT <br /> <br />The Historic Property Preservation Agreement will reduce the property tax <br />revenue to the City by an estimated $125.40 to $627.03 annually, for a <br />period of not less than ten years. <br /> <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br />~eVino <br /> <br />E utive Director <br />Planning & Building Agency <br /> <br />':\-\\~)'\.; \ ~r D ~ -\: ~ <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agenc:pr- <br /> <br />HS:rb <br />hs\historic info\mills act agreements\231S_N_Riverside\hppa06-0S.cc <br /> <br />250-2 <br />