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REQU EST FOR <br />Historic Resources Commission Action <br />?r <br />FISTORIC RESOURCES OONMS" NEETM DATE <br />JULY 7, 2011 <br />TITLE: <br />HISTORIC PROPERTY PRESERVATION <br />AGREEMENT NO. 2010-19 FOR THE PROPERTY <br />LOCATED AT 2126 NORTH ROSS STREET <br />Prepared by Hally Soboleske <br />H STORK RESOURCES QoMMOSION SECRETARY <br />APPROVED <br />? As Recommended <br />? As Amended <br />? Set Public Hearing For <br />CONTINUED TO <br />xecutive Director Planning Ma ger <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 Thomas and Amy Tsotsis, property owners, for the structure located <br />at 2126 North Ross Street subject to non-substantive changes approved by the City Manager <br />and City Attorney. <br />Request of Applicant <br />The applicants, Thomas and Amy Tsotsis, request the approval of Historic Property Preservation <br />Agreement No. 2010-19 (Mills Act) between the property owner and the City of Santa Ana. <br />Property Location and Site Description <br />The subject property includes a Spanish Colonial Revival styled residence located at 2126 North <br />Ross Street, between Santa Clara Avenue and Nineteenth Street, and is within the Floral Park <br />neighborhood. Surrounding land uses are all residential (Exhibit 1). The lot is 9,250 square feet, <br />and is developed with a 1,381 square foot home and a detached garage. <br />Proiect Background <br />This project was brought to the Historic Resources Commission for action on April 7, 2011; <br />however, this item was continued to July 7, 2011 due to a lack of quorum. <br />In March 1999, the City Council approved an ordinance authorizing Historic Property <br />Preservation Agreements (HPPA), commonly known as the Mills Act contracts, for eligible <br />historic properties. The agreement provides monetary incentive to the property owner in the form <br />of a property tax reduction in exchange for the owner's voluntary commitment to maintain the <br />property in a good state of repair and to rehabilitate the property as necessary to maintain its <br />character and appearance. Once recorded, the agreement triggers the use of a different <br />valuation method in determining the property's assessed value, thereby resulting in potentially <br />significant property tax savings for the owner. <br />101 <br />25B-3