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<br />HPP Agreement No. 2007-18 <br />December 3, 2007 <br />Page 2 <br /> <br />FISCAL IMPACT <br /> <br />The Historic Property Preservation Agreement will reduce the property tax <br />revenue to the City by an estimated $157.05 to $785.27 annually, for a <br />period of not less than ten years. <br /> <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br />tr:=no <br /> <br />Executive Director <br />Planning & Building Agency <br /> <br />^'\~~i::or- ~~\\ ~'.. -, <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services AgencyL- <br /> <br />HS:rb <br />hS\historic info\mills act agreements\lB24_N_Ross\hppa07-18.cc <br /> <br />25L-2 <br /> <br />