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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />DECEMBER 1, 2008 <br />TITLE: <br />HISTORIC PROPERTY PRESERVATION <br />AGREEMENT NO. 2008-21 FOR THE <br />PROPERTY LOCATED AT 2341 NORTH <br />BONNIE BRAE <br />'t <br />CITY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />^ Ordinance on 151 Reading <br />^ Ordinance on 2nd Reading <br />^ Implementing Resolution <br />^ Set Public Hearing For_ <br />CONTINUED TO <br />FILE NUMBER <br />Authorize the City Manager and Clerk of the Council to execute the <br />attached agreement with Jessica Carr for the structure located at 2341 <br />North Bonnie Brae, subject to non-substantive changes approved by the <br />City Manager and City Attorney. <br />HISTORIC RESOURCES COMMISSION ACTION <br />Recommended that the City Council authorize the City Manager and Clerk of <br />the Council to execute the attached agreement with Jessica Carr for the <br />structure located at 2341 North Bonnie Brae, subject to non-substantive <br />changes approved by the City Manager and City Attorney at its November 6, <br />2008 meeting by a vote of 5:0 (Rogers and Schaefer absent). <br />DISCUSSION <br />After the public hearing on November 6, 2008, the Historic Resources <br />Commission reviewed the proposed Historic Property Preservation Agreement <br />(Mills Act Contract) and concluded that the resulting potential property <br />tax savings would encourage the owner to reinvest the tax savings in the <br />maintenance of their historic property, and would benefit both the owner <br />and the community (Exhibit A) Additionally, the agreement prevents <br />inappropriate alterations. <br />25G-1 <br />