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HPP Agreement No. 2011-05 <br />November 7, 2011 <br />Page 2 <br />FISCAL IMPACT <br />The Historic Property Preservation Agreement will reduce the property tax revenue to the City by <br />an estimated $115 to $576 annually, for a period of not less than ten years. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Jay revino <br />Executive Director <br />Planning & Building Agency <br />HS:rb <br />hs\historic info\mills act agreements\1901_N_Heliotrope\hppa11-05.cc <br />- i <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services !/Z--- <br />Exhibit: bit: A. Historic Resources Commission Staff Report <br />25D-2