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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />NOVEMBER 20, 2006 <br />TITLE: <br />HISTORIC PROPERTY PRESERVATION <br />AGREEMENT NO. 2006-09 FOR THE <br />PROPERTY LOCATED AT 2042 NORTH <br />ROSS STREET <br />__,.~ / 1 <br />I ./ <br />,~ ~ ~ <br />~ CITY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />^ Ordinance on 1S` Reading <br />^ Ordinance on 2"d Reading <br />^ Implementing Resolution <br />^ Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />Direct the City Attorney to prepare and authorize the City Manager and <br />the Clerk of the Council to execute an agreement with Andrew J. McCracken <br />and Gina C. McCracken for the structure located at 2042 North Ross <br />Street. <br />HISTORIC RESOURCES COMMISSION ACTION <br />Recommended 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 Andrew J. McCracken and Gina C. McCracken for the <br />structure located at 2042 North Ross Street at its November 2, 2006 <br />meeting by a vote of 6:0 (O'Callaghan abstained, Chinn and Seeley <br />absent) . <br />DISCUSSION <br />After the public hearing on November 2, 2006, the Historic Resources <br />Commission reviewed the proposed Historic Property Preservation Agreement <br />(Mills Act Contract) and concluded that the resulting potential property <br />tax savings would encourage the owner to reinvest the tax savings in the <br />maintenance of their historic property, and would benefit both the owner <br />and the community (Exhibit A) Additionally, the agreement prevents <br />inappropriate alterations. <br />25H-1 <br />