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<br />REQUEST FOR <br />Historic Resources Commission Action <br /> <br /> <br />HISTORIC RESOURCES COMMISSION SECRETARY <br /> <br />HSTCRC RESOURCESCCJMI"tSSI()N ~DA1E: <br />NOVEMBER 1, 2007 <br /> <br />TITLE: <br />HISTORIC PROPERTY PRESERVATION <br />AGREEMENT NO. 2007-11 FOR THE PROPERTY <br />LOCATED AT 1904 NORTH FLOWER STREET <br /> <br />APPROVED <br />o As Recommended <br />o As Amended <br />o Set Public Hearing For <br /> <br />CONTINUED TO <br /> <br />Prepared by Hally Soboleske <br /> <br />~~ Director <br /> <br />i~~ <br />Planmng Man er <br /> <br />RECOMMENDED ACTION <br /> <br />Recommend 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 Stephen J. and Karen Ita Amsler, property owners, for the <br />structure located at 1904 North Flower Street. <br /> <br />DISCUSSION <br /> <br />Request of Applicants <br /> <br />The applicants, Stephen J. and Karen Ita Amsler, request the approval of <br />Historic Property Preservation Agreement No. 2007-11 (Mills Act) between <br />the property owners and the City of Santa Ana. <br /> <br />Property Description <br /> <br />The subject property includes a one and a half-story residence and a <br />detached, garage located at 1904 North Flower Street. The property is <br />within the Floral Park neighborhood and the surrounding land uses are <br />residential (Exhibit 1) <br /> <br />Analysis of the Issues <br /> <br />In March 1999, the City Council approved an ordinance authorizing <br />Historic Property Preservation Agreements (HPPA), commonly known as the <br />Mills Act contracts, for eligible historic properties. The agreement <br />provides monetary incentive to the property owner in the form of a <br />property tax reduction in exchange to the owner's voluntary commitment <br />to maintain the property in a good state of repair and to rehabilitate <br />the property as necessary. Once recorded, the agreement triggers the <br />use of a different valuation method in determining the property's <br />assessed value, thereby resulting in potentially significant property <br />tax savings for the owner. <br /> <br />EXHIBIT A <br /> <br />25F-3 <br />