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HPP Agreement No. 2010-12 <br />September 7, 2010 <br />Page 2 <br />FISCAL IMPACT <br />The Historic Property Preservation Agreement will reduce the property tax revenue to the City by an <br />estimated $296.54 to $1,432.50 annually, for a period of not less than ten years. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Jay, evino <br />Executive Director <br />Planning & Building Agency <br />HS:rb <br />hs\historic info\mills act agreements\225_N_Broadway\hppal0-12.cc <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />Exhibit: A. Historic Resources Commission Staff Report <br />25C-2