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HPP Agreement No. 2006-08 <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 $90.34 to $451.70 annually, for a <br />period of not less than ten years. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />J y M Trevino <br />Ex tive Director <br />Planning & Building Agency <br />/`~rancisco Gutierrez <br />~fi~ Executive Director <br />V Finance & Management Services Agency <br />HS:rb <br />ha\hiatoric info\milla act agreements\2424_N_Valencia\hppa06-08.cc <br />25G-2 <br />