25M - HPPA NO 2007-19 - Laserfiche WebLink

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REQUEST FOR Historic Resources Commission Action HISTCHC RESOURCES COMMISSION SECRETARY HSTORIC RESOURCESCOIIIMSSION PJEETN; DATE: NOVEMBER 1, 2007 TITLE: HISTORIC PROPERTY PRESERVATION AGREEMENT NO. 2007-19 FOR THE PROPERTY LOCATED AT 1907 NORTH FLOWER STREET APPROVED o As Recommended o As Amended o Set Public Hearing For CONTINUED TO Prepared by Hally Soboleske ~'~ I .. ;xecutive Director ~~~ Planmng Ma ger RECOMMENDED ACTION Recommend authorize agreement structure that the City Council direct the City Attorney to prepare and the City Manager and the Clerk of the Council to execute an with Kenneth and Leah Schmidt, property owners, for the located at 1907 North Flower Street. DISCUSSION Request of Applicants The applicants, Kenneth and Leah Schmidt, request Historic Property Preservation Agreement No. 2007-19 the property owners and the City of Santa Ana. the approval of (Mills Act) between Property Description The subj ect property includes a two-story residence and a detached, garage located at 1907 North Flower Street (Exhibit 1). The property is within the Floral Park neighborhood and the surrounding land uses are residential. 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 25M-3