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Historic Property Preservation Agreements <br />May 15, 2018 <br />Page 2 <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 $2,341.69 annually noted below, for a period of not <br />less than ten years. <br />HPPA No. <br />Address <br />Estimate <br />Exhibit No. <br />2017-47 <br />2440 North Riverside Drive <br />$933.51 <br />B1 <br />2017-49 <br />2370 North Flower Street <br />$854.12 <br />B2 <br />2017-52 <br />321 East Santa Clara Avenue <br />$554.06 <br />B3 <br />Total for All Properties: <br />$2,341.69 <br />c <br />Minh Thai <br />Executive Director <br />Planning & Building Agency <br />MM:rb <br />S:RFCA\05-15-18\PBA Historic Prop Preservation Mills Act Agmt 5-15-18 <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Francisco Gutierrez 5r - <br />Executive Director <br />Finance & Management Services Agency <br />Exhibits: A. Mills Act Agreement Template <br />B1 -B3. Historic Resources Commission Staff Reports <br />25C-2 <br />