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Historic Property Preservation Agreements <br />October 17, 2017 <br />Page 2 <br />HISTORIC RESOURCES COMMISSION ACTION <br />On September 28, 2017, the Historic Resources Commission recommended that the City Council <br />authorize the City Manager and Clerk of the Council to execute the attached Mills Act <br />agreements with the identified property owners for the historic structures, subject to non - <br />substantive changes approved by the City Manager and City Attorney. <br />DISCUSSION <br />This action allows for the approval of a Historic Property Preservation Agreement (Mills Act <br />Contract) which provides a potential property tax reduction allowing the property owner to <br />reinvest the tax savings into the maintenance of the historic property (Exhibit A). Additionally, the <br />agreement prevents inappropriate alterations to the historic structures (Exhibits B1-11). <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #5 - Community Health, Livability, <br />Engagement & Sustainability, Objective #2 (expand opportunities for conservation and <br />environmental sustainability) and Objective #3 (facilitate diverse housing opportunities and <br />support efforts to preserve and improve the livability of Santa Ana neighborhoods). <br />FISCAL IMPACT <br />The Historic Property Preservation Agreement will reduce the Property Tax revenue account <br />01102002-50011 to the City by an estimated $7,753.28 annually noted below, for a period of not <br />less than ten years. <br />HPPA No. <br />Address <br />Estimate <br />Exhibit No. <br />2017-01 <br />1237 West Third Street <br />$431.52 <br />131 <br />2017-06 <br />2340 North Riverside Drive <br />$981.75 <br />B2 <br />2017-07 <br />949 West River Lane <br />$1,212.75 <br />B3 <br />2017-11 <br />817 North Lac <br />$600.74 <br />B4 <br />2017-13 <br />1909 Poinsettia Street <br />$716.10 <br />B5 <br />2017-15 <br />821 North Olive Street <br />$606.38 <br />B6 <br />2017-17 <br />2415 North Heliotrope Drive <br />$1,004.85 <br />B7 <br />2017-18 <br />1711 North Bush Street <br />$220.65 <br />B8 <br />2017-19 <br />2900 North Flower Street <br />$342.87 <br />B9 <br />2017-20 <br />541 West Santa Clara Avenue <br />$895.13 <br />B10 <br />2017-21 <br />2337 North Santiago Street <br />$740.54 <br />1311 <br />Total for All Properties: <br />$7,753.28 <br />25A-2 <br />