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REQUEST FOR <br />Historic Resources Commission Action <br />HISTORIC RESOURCES CONMSSION NEE~NVG DATE: <br />OCTOBER 1, 2009 <br />TITLE: <br />HISTORIC PROPERTY PRESERVATION AGREEMENT <br />NO. 2009-06 FOR THE PROPERTY LOCATED AT <br />2204 NORTH GREENLEAF STREET <br />HISTORIC RESOURCES COMMISSION SECRETARY <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />^ Set Public Hearing For <br />CONTINUED TO <br />Prepared by Hally Soboleske <br />_ ~~~ <br />Executive Director <br />Y~G~i.~stit. <br />Planning Manager <br />RECOMMENDED ACTION <br />Recommend that the City Council authorize the City Manager and Clerk of <br />the Council to execute the attached agreement with Dean A. and Ruth A. <br />Reynolds, property owners, for the structure located at 2204 North <br />Greenleaf Street subject to non-substantive changes approved by the City <br />Manager and City Attorney. <br />DISCUSSION <br />Request of Applicant <br />The applicants, Dean A. and Ruth A. Reynolds, request the approval of <br />Historic Property Preservation Agreement No. 2009-06 (Mills Act) between <br />the property owner and the City of Santa Ana. <br />Property Description <br />The subject property includes a Colonial Revival styled residence and <br />garage located at 2204 North Greenleaf Street and is within the Floral <br />Park Neighborhood. Surrounding land uses are residential (Exhibit 1). <br />Analysis of the Issues <br />In March 1999, the City Council approved an ordinance authorizing <br />Historic Property Preservation Agreements (HPPA), commonly known as the <br />Mills Act contracts, for eligible historic properties. The agreement <br />provides monetary incentive to the property owner in the form of a <br />property tax reduction in exchange to the owner's voluntary commitment <br />to maintain the property in a good state of repair and to rehabilitate <br />the property as necessary to maintain its character and appearance. <br />Once recorded, the agreement triggers the use of a different valuation <br />method in determining the property's assessed value, thereby resulting <br />in potentially significant property tax savings for the owner. <br />EXHIBIT A <br />25H-3 <br />