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REQUESTFOR <br />Historic Resources Commission Action <br />I-IISTORIC RESOURCES COIUiNllSSION MEEMG DATE: <br />OCTOBER 5, 2017 <br />TITLE: <br />HISTORIC PROPERTY PRESERVATION <br />AGREEMENT NO. 2017-14 FOR PROPERTY <br />LOCATED AT 818 - 820 NORTH MINTER STREET <br />{STRATEGIC PLAN NOS. 5,2; 5,3} <br />RECOMMENDED ACTIO <br />HISTORIC RESOURCES COMMISSION SECRETARY <br />APPROVED <br />❑ As Recommended <br />0 As Amended <br />0 Set Public Hearing For <br />CONTINUED TO <br />0, <br />Acting PlaI ing f ager <br />Recommend that the City Council authorize the City Managerand Clerk of the Council to execute <br />the attached Mills Act agreement with Minter Properties, LLC, subject to non -substantive changes <br />approved by the City Manager and City Attorney. <br />Request of Applicant <br />Minter Properties, LLC, is requesting approval to execute a Mills Act agreement with the City of <br />Santa Ana at an existing residence located at 818 - 820 North Minter Street that is currently listed on, <br />the Santa Ana Register of Historical Properties. <br />Project Location and Site Description <br />The subject property, known as the Davies. Duplex, is located at 818 - 820 North Minter Street in the <br />French Park Historic District and consists of a 1,522 -square -foot; Bungalow/Craftsman style residence <br />and detached garage on a 4,513 -square -foot residential lot (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). To be eligible for the Mills Act, the property must be listed on the Santa Ana Register of <br />Flistorical Properties. The agreement provides monetary Incentive to the property owner In the form <br />of a property tax reduction in exchange for the owners voluntary commitment to maintain the <br />property in a good state of repair as necessary to maintain its character and appearance. Once <br />recorded, the agreement generates a different valuation method in determining the property's <br />assessed value, resulting in tax savings for the owner. Aside from the tax savings, the benefits <br />include: <br />EXHIBIT B1 <br />25A-15 <br />