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HPP Agreement No. 2006-07 <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 $88.43 to $442.16 annually, for a <br />period of not less than ten years. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Jay M. Trevino [~rancisco Gutierrez <br />Exe ve Director (~ Executive Director <br />Planning & Building Agency Finance & Management Services Agency <br />HS.rb <br />hs\historic info\mills act agreements\902_S_Cyprese\hppa06-07.cc <br />25F-2 <br />