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HPP Agreement No. 2007-15 <br />December 3, 2007 <br />Page 2 <br />FISCAL IMPACT <br />The Historic Property Preservation Agreement will reduce the property tax <br />revenue to the City by an estimated $115.70 to $587.52 annually, for a <br />period of not less than ten years. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Jay ~,,M . Trevino <br />Execu ive Director <br />Planning & Building Agency <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency~,- <br />HS:rb <br />hs\historic info\mills act agreements\2309 N_Flower\hppa07-15.cc <br />251-2 <br />