FULL PACKET_2006-12-18 - Laserfiche WebLink

Home Browse Search

REQUEST FOR Historic Resouinoes Commission Action wsroll~c~sou~scon~n~oN n~rNC oaTE: DECEMBER 7, 2006 TITLE: HISTORIC PROPERTY PRESERVATION AGREEMENT NO. 2006-10 FOR THE PROPERTY LOCATED AT 713 NORTH SPURGEON STREET Prepared by Hally Soboleske wsrowc ~sou~sc~n~uw sECx~ra~r APPROVED ^ As Recommended ^ As Amended ^ Set Public Hearing For CONTINUED TO ~~ Executive Director Planning Man er ti RECOMMENDED ACTION Recommend that the City Council direct the City Attorney to prepare and authorize the City Manager and the Clerk of the Council to execute an agreement with Lorissa and Roger Nichols, property owners, for the structure located at 713 North Spurgeon Street. DISCUSSION Request of Applicants The applicants, Lorissa and Roger Nichols, property owners, request the approval of Historic Property Preservation Agreement No. 2006-10 (Mills Act) between the property owner and the City of Santa Ana. Property Description The subject property includes a two-story residence located at 713 North Spurgeon Street. The property is within the French Park neighborhood and the surrounding land uses are residential (Exhibit 1). Analysis of the Issues In March 1999, the City Council approved an ordinance authorizing Historic Property Preservation Agreements (HPPA), commonly known as the Mills Act contracts, for eligible historic properties. The agreement provides monetary incentive to the property owner in the form of a property tax reduction in exchange to the owner's voluntary commitment to maintain the property in a good state of repair and to rehabilitate the property as necessary. Once recorded, the agreement triggers the use of a different valuation method in determining the property's assessed value, thereby resulting in potentially significant property tax savings for the owner. EXHIBIT A 25C-3