25S - HPPA NO 2007-25 - Laserfiche WebLink

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REQUEST FOR Historic Resources Commission Action HISTORIC RESOURCEScaw\IIlSSION SECRETARY HSTORIC RESOURCESCOPIMSSION~DA1E: NOVEMBER 1, 2007 TITLE: HISTORIC PROPERTY PRESERVATION AGREEMENT NO. 2007-25 FOR THE PROPERTY LOCATED AT 1920 NORTH HELIOTROPE DRIVE APPROVED o As Recommended o As Amended o Set Public Hearing For CONTINUED TO Prepared by Hally Soboleske (@'~ . Executive Director I~~ Planning Mana r RECOMMENDED ACTION Recommend that the City Council direct the City Attorney to prepare and authorize the City Manager and the Clerk of the Council to execute an agreement with Richard and Jeanette Chiarini, property owners, for the structure located at 1920 North Heliotrope Drive. DISCUSSION Request of Applicants The applicants, Richard and Jeanette Chiarini, request the approval of Historic Property Preservation Agreement No. 2007-25 (Mills Act) between the property owners and the City of Santa Ana. Property Description The subject property includes a residence and garage located at property is within the Floral Park uses are residential (Exhibit 1). two-story Colonial Revival styled 1920 North Heliotrope Drive. The neighborhood and the surrounding land 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 255-3