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HRCA No. 2023-29, HRC No. 2024-03, HPPA No. 2024-05 — R.S. McGuire House (2369 <br />North Flower Street) <br />July 15, 2024 <br />Page 5 <br />In addition, the project site was posted with a notice advertising this public hearing, a <br />notice was published in the Orange County Reporter and mailed notices were sent to all <br />property owners within 500 feet of the project site. At the time of this printing, no <br />correspondence, either written or electronic, has been received from any members of the <br />public. <br />ENVIRONMENTAL IMPACT <br />Pursuant to the California Environmental Quality Act (CEQA) and the CEQA Guidelines, <br />the project is exempt from further review pursuant to Section 15331 of the CEQA <br />Guidelines (Class 31 — Historical Resource Restoration/Rehabilitation) as these actions <br />are designed to preserve historic resources. Based on this analysis, a Notice of <br />Exemption, Environmental Review No. 2024-16 will be filed for this project. <br />FISCAL IMPACT <br />The Historic Property Preservation Agreement will reduce the Property Tax revenue <br />account 01102002-50011 to the City by an estimated $675.77 annually, for a period of <br />not less than ten years. <br />EXHIBIT(S) <br />1. Resolution <br />2. Mills Act Agreement <br />3. 500-Foot Radius Map <br />Submitted By: Andrea Heywood, Associate Planner <br />Approved By: Minh Thai, Executive Director of Planning and Building Agency, Planning <br />and Building Agency <br />