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HPPA No. 2011-05 <br />October 6, 2011 <br />Page 2 <br />One of the eligibility requirements for the Mills Act is that the property must be listed on the Santa <br />Ana Register of Historical Properties. The subject property was placed on the local register as <br />the Hall-Knickerbocker House and categorized as Key this evening on October 6, 2011 by the <br />Historic Resources Commission (Exhibit 2). <br />Upon consideration of the application, it is recommended that the City enter into a Historic <br />Property Preservation Agreement (Exhibit 3). Photos of the property are included with the <br />agreement as well as a photo location map. The benefits of executing this agreement include, <br />but are not limited to, the following: <br />Reduced property tax to allow reinvestment for the long term preservation of the property. <br />2. Allows for a mechanism to provide for property rehabilitation. <br />3. Provides an additional incentive for potential buyers to purchase historic structures. <br />4. Discourages inappropriate alterations to the historic property. <br />5. Provides an opportunity for visual improvement to the physical environment of the <br />community. <br />6. Offers additional support and attention for historic districts and historic structures in the <br />City. <br />CEQA Compliance <br />In accordance with the California Environmental Quality Act, the recommended action is exempt <br />from further review under General Rule Section 15061(b)(3), and therefore, the recommended <br />action is exempt from further review. <br />Rally Sobol ke <br />Associate nner <br />HS:jm <br />hslhistoric infolmills act agreements\1901_N_Heliotropelhppa11-05.hrc <br />Attachments: <br />Exhibit 1 - Radius Map <br />Exhibit 2 - Executive Summary <br />Exhibit 3 - Mills Act Agreement <br />2501-4