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HRCA No. 2024-06, HRC No. 2024-04, HPPA No. 2024-09 — Smith House (2539 French <br />Street) <br />September 5, 2024 <br />Page 5 <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. 2024-67 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 $634.45 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 />4. Copy of Public Notice <br />Submitted By: James Williams, Contract Planner <br />Approved By: Minh Thai, Executive Director of Planning and Building Agency, Planning <br />and Building Agency <br />