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<br />REQUEST FOR <br />Historic Resources Commission Action <br /> <br /> <br />HSTORIC RESOURCES COMMISSION SECRETARY <br /> <br />APPROVED <br />o As Recommended <br />o As Amended <br />o Set Public Hearing For <br /> <br />HSTORIC RESOURCEScavMSSION NEEJ't.JG DATE: <br />NOVEMBER 1, 2007 <br /> <br />TITLE: <br />HISTORIC PROPERTY PRESERVATION <br />AGREEMENT NO. 2007-15 FOR THE PROPERTY <br />LOCATED AT 2309 NORTH FLOWER STREET <br /> <br />CONTINUED TO <br /> <br />Prepared by Hally Soboleske <br /> <br />~~ <br />' , <br />'-I . .~- <br /> <br />, Executive Director <br /> <br />~ t-+~ <br />Planmng Mager <br /> <br />RECOMMENDED ACTION <br /> <br />Recommend <br />authorize <br /> <br />agreement <br /> <br />owners, for <br /> <br />that the City Council direct the City Attorney to prepare and <br />the City Manager and the Clerk of the Council to execute an <br />with Brian Stoddart and Anthony P. Michalaski, property <br />the structure located at 2309 North Flower Street. <br /> <br />DISCUSSION <br /> <br />Request of Applicant <br /> <br />The applicants, Brian Stoddart and Anthony P. Michalaski, request the <br />approval of Historic Property Preservation Agreement No. 2007-15 (Mills <br />Act) between the property owners and the City of Santa Ana. <br /> <br />Property Description <br /> <br />The subject property includes a one-story residence and a detached two- <br />car garage located at 2309 North Flower Street, and is within the Floral <br />Park neighborhood. Surrounding land uses are 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 to maintain its character and appearance. <br />Once recorded, the agreement triggers the use of a different valuation <br />method in determining the property's assessed value, thereby resulting <br />in potentially significant property tax savings for the owner. <br /> <br />EXHIBIT A <br /> <br />251-3 <br />