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HPP Agreement No. 2008-26 <br />December 1, 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 $70.80 to $354.02 annually, for a <br />period of not less than ten years. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Jai Trevino <br />Executive Director <br />Planning & Building Agency <br /> <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency,~~ <br />HS:rb <br />hs\historic info\mills act agreements\2417_N_Valencia\hppa08-26.cc <br />25L-2 <br />