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HPP Agreement No. 2006-05 <br />November 20, 2006 <br />Page 2 <br />FISCAL IMPACT <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 />APPROVED AS TO FUNDS AND ACCOUNTS: <br />ay Trevino <br />E utive Director <br />Planning & Building Agency <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency~,- <br />HS:rb <br />hs\historic info\milla act agreements\2315_N_Riverside\hppa06-OS.cc <br />25D-2 <br />