25D - HPPA - 2019 N VICTORIA - Laserfiche WebLink

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REQUEST FOR Historic Resources Commission Action HISTMC iESOLNIMS OOMM SSI I NEErM OATS: HISTORIC RESOURCES CON IISSION SECRETARY OCTOBER 7, 2010 APPROVED TITLE: ? As Recommended HISTORIC PROPERTY PRESERVATION ? As Amended AGREEMENT NO. 2010-15 FOR THE PROPERTY ? Set Public Hearing For LOCATED AT 2019 NORTH VICTORIA DRIVE CONTINUED TO Prepared by Hally Soboleske cA6 Director Planning Managed RECOMMENDED ACTION Recommend that the City Council authorize the City Manager and Clerk of the Council to execute the attached agreement with Gary Regalado and Lisa LaFourcade, property owners, for the structure located at 2019 North Victoria Drive subject to non-substantive changes approved by the City Manager and City Attorney. DISCUSSION Request of Applicant The applicants, Gary Regalado and Lisa LaFourcade, request the approval of Historic Property Preservation Agreement No. 2010-15 (Mills Act) between the property owner and the City of Santa Ana. Property Description The subject property includes a Colonial Revival styled residence located at 2019 North Victoria Drive and is within the Floral Park Neighborhood. Surrounding land uses are all residential (Exhibit 1). Analysis of the Issues In March 1999, the City Council approved an ordinance authorizing Historic Property Preservation Agreements (HPPA), commonly known as the Mills Act contracts, for eligible historic properties. The agreement provides monetary incentive to the property owner in the form of a property tax reduction in exchange for the owner's voluntary commitment to maintain the property in a good state of repair and to rehabilitate the property as necessary to maintain its character and appearance. Once recorded, the agreement triggers the use of a different valuation method in determining the property's assessed value, thereby resulting in potentially significant property tax savings for the owner. 3 25D-3