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HPP Agreement No. 2008-14 <br />November 17, 2008 <br />Page 2 <br />FISCAL IMPACT <br />The Historic Property Preservation Agreement will reduce the property tax <br />revenue to the City by an estimated $72.33 to $361.67 annually, for a <br />period of not less than ten years. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />J M. Trevino <br />Executive Director <br />Planning & Building Agency <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agenc ,(~ <br />HS:rb <br />hs\hiatoric info\mills act agreements\2468_N_Riverside\hppa08-14 .cc <br />25H-2 <br />