25N - HPPA NO 2007-20 - Laserfiche WebLink

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REQUEST FOR Historic Resources Commission Action HSTORIC RESOURCES COfIIIB)I()N ftEE'T'N; DATE: NOVEMBER 1, 2007 TITLE: HISTORIC PROPERTY PRESERVATION AGREEMENT NO. 2007-20 FOR THE PROPERTY LOCATED AT 2144 NORTH GREENLEAF STREET HISTORIC RESOURCES COM\IIISSION SECRETARY APPROVED o As Recommended o As Amended o Set Public Hearing For CONTINUED TO Prepared by Hally Soboleske ~redor RECOMMENDED ACTION i~ H-~ Planning anager 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 Frederick Thomas Turnley, property owner, for the located at 2144 North Greenleaf Street. DISCUSSION Request of Applicants The applicant, Frederick Thomas Turnley, requests the approval of Historic Property Preservation Agreement No. 2007-20 (Mills Act) between the property owner and the City of Santa Ana. Property Description The subject property includes a one-story residence and a detached, garage located at 2144 North Greenleaf 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 25N-3