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REQUEST FOR. <br />nYy <br />l Y. <br />Historic Resources Commission Action �-- • <br />11 <br />HISTOWC RESOURCES COMV5SlON MEMWb DATE: <br />SEPTEMBER 28, 2017 <br />TITLE: <br />HISTORIC PROPERTY PRESERVATION AGREEMENT <br />NO. 2017-18 FOR PROPERTY LOCATED AT 1711 <br />NORTH BUSH STREET (STRATEGIC PLAN NOS. 5, 2;. <br />5,3) <br />Prepared by Ricardo Soto <br />HISTORIC RESOURCES COMMISSION SECRETARY <br />APPROVED <br />O As Recommended <br />O As Amended <br />❑ Set Public Hearing For <br />CONTINUED TO <br />Acting Exeaitive Di ector Acting P L,nning,ydnager <br />RECOMMENDED ACTION <br />Recommend that the City Council authorize the City Manager and Clerk of the Council to execute <br />the attached Mills Act agreement with Philip and Irene Chinn, subject to non -substantive changes <br />approved by the City Manager and City Attorney. <br />Request of Applicant <br />Philip and Irene Chinn are requesting approval to <br />Santa Ana for an existing residence located at 17• <br />Santa Ana Register of Historical Properties. <br />Project Location and Site Description <br />enter into:a Mills Act Agreement with the City of <br />1 North Bush Street that is currently listed on the <br />The subject property, known as the Andres House, consists of a 2,148 -square -foot, two-story <br />Bungalow/Craftsman style residence and detached garage on a 7,100 -square -foot residential lot <br />(Exhibit 1). <br />Analysis of the Issues <br />Ordinance No. NS -2382 authorized the Historic Resources Commission to execute Historic Property <br />Preservation Agreements.(HPPA), commonly known as Mills Act agreements for eligible properties <br />(Exhibit 2). The property is listed on the Santa Ana Register of Historical Properties and categorized <br />as Key, making it eligible for a "Mills Act agreement. The agreement provides monetary incentive to <br />the property owner in the form of a property tax reduction in exchange for the owners voluntary <br />commitment to maintain the property in a good state of repair as necessary to maintain its character <br />and appearance. Once recorded, the agreement generates a different valuation method in <br />determining the property's assessed value, resulting in tax savings for the owner. Aside from the <br />tax savings, the benefits include: <br />EXHIBIT B8 <br />25A-91 <br />