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REQUEST FOR <br />Historic Resounoes Commission Action <br />I~srowc RESOURCESCauln~ssloN IuIEETr~c IaAI'E: <br />NOVEMBER 1, 2007 <br />TITLE: <br />HISTORIC PROPERTY PRESERVATION <br />AGREEMENT NO. 2007-25 FOR THE PROPERTY <br />LOCATED AT 1920 NORTH HELIOTROPE DRIVE <br />HISTORIC RESOURCES COIUNIAISSION SECRETARY <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />^ Set Public Hearing For <br />CONTINUED TO <br />Prepared by Hally Soboleske <br />~' ! " ~.._ <br />Executive Director <br />Planning Mana r <br />RECOMMENDED ACTION <br />Recommend that the City Council direct the City Attorney to prepare and <br />authorize the City Manager and the Clerk of the Council to execute an <br />agreement with Richard and Jeanette Chiarini, property owners, for the <br />structure located at 1920 North Heliotrope Drive. <br />DISCUSSION <br />Request of Applicants <br />The applicants, Richard and Jeanette Chiarini, request the approval of <br />Historic Property Preservation Agreement No. 2007-25 (Mills Act) between <br />the property owners and the City of Santa Ana. <br />Property Description <br />The subject property includes a <br />residence and garage located at <br />property is within the Floral Park <br />uses are residential (Exhibit 1). <br />two-story Colonial Revival styled <br />1920 North Heliotrope Drive. The <br />neighborhood and the surrounding land <br />Analysis of the Issues <br />In March 1999, the City Council approved an ordinance authorizing <br />Historic Property Preservation Agreements (HPPA), commonly known as the <br />Mills Act contracts, for eligible historic properties. The agreement <br />provides monetary incentive to the property owner in the form of a <br />property tax reduction in exchange to the owner's voluntary commitment <br />to maintain the property in a good state of repair and to rehabilitate <br />the property as necessary. Once recorded, the agreement triggers the <br />use of a different valuation method in determining the property's <br />assessed value, thereby resulting in potentially significant property <br />tax savings for the owner. EXHIBIT A <br />25S-3 <br />