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REQUEST FOR <br /> Histioric Resources Corrrnission Action _ , <br /> Hsrol~c rersou~cES~~r~c oar: Hsrowc IesouRCF.s coMn~sloN sECI~raR~r <br /> APRIL 1, 2010 APPROVED <br /> TITLE: ? As Recommended <br /> HISTORIC PROPERTY PRESERVATION ? As Amended <br /> AGREEMENT NO. 2010-04 FOR THE PROPERTY ? Set Public Hearing For <br /> LOCATED AT 2323 NORTH BONNIE BRAE CONTINUED TO <br /> Prepared by Hally Soboleske <br /> Executive Director Planning Manager <br /> RECOMMENDED ACTION <br /> Recommend that the City Council authorize the City Manager and Clerk of the Council to execute <br /> the attached agreement with Jorge and Miriam Galindo, property owners, for the structure located . <br /> at 2323 North Bonnie Brae subject to non-substantive changes approved by the City Manager and <br /> City Attorney. <br /> DISCUSSION <br /> Request of Applicant <br /> The applicants, Jorge and Miriam Galindo, request the approval of Historic Property Preservation <br /> Agreement No. 2010-04 (Mills Act) between the property owner and the City of Santa Ana. <br /> Property Description <br /> The subject property includes a Spanish Colonial Revival styled residence and garage located at <br /> 2323 North Bonnie Brae and is within the Floral Park Neighborhood. Surrounding land uses are all <br /> residential (Exhibit 1). <br /> Analysis of the Issues <br /> In March 1999, the City Council approved an ordinance authorizing Historic Property Preservation <br /> Agreements (HPPA), commonly known as the Mills Act contracts, for eligible historic properties. <br /> The agreement provides monetary incentive to the property owner in the form of a property tax <br /> reduction in exchange to the owner's voluntary commitment to maintain the property in a good <br /> state of repair and to rehabilitate the property as necessary to maintain its character and <br /> appearance. Once recorded, the agreement triggers the use of a different valuation method in <br /> <br /> determining the property's assessed value, thereby resulting in potentially significant property tax <br /> savings for the owner. <br /> EXHIBIT A <br /> 25D-3 <br /> <br />