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QUEST" FOR <br />Historic Resou ° ...,. C nniL%Mon Action <br />IhKMRK, R Rt S COMWaSKIN MEETING DATE: <br />NOVEMBER 6, 2014 <br />TITLE: <br />HISTORIC PROPERTY PRESERVATION <br />AGREEMENT NO. 2014 -49 FOR THE HOUSE <br />LOCATED AT <br />{STRATEGIC PLAN NOS. 5,2; 5,3) <br />Prepared by Hally Soboleske <br />Yi TORIC RESOURCES CCAdW9ktd5, SON SECRETARY <br />APPROVED <br />❑ As RecWrTwmended <br />0 As Amended <br />❑ Scat Public F leaning For <br />C..,ONFFINUED 'TO <br />Interim Lxr- _c,utwv ectc>r — — Acting Vianning %Aanager <br />RECOMMENDED p ACTION <br />Recommend that the City Council authorize the City Manager and Clerk of the Council to execute <br />the attached agreement with George J. Honer and Sherri L. Honer, property owners, for the <br />structure located at subject to non - substantive changes approved <br />by the City Manager and City Attorney. <br />DISCUSSION <br />Request of Applicant <br />The applicants, George and Sherri Honer, are requesting the approval of Historic Property <br />Preservation Agreement No. 2014 -49 (Mills Act) between the property owner and the City of Santa <br />Ana. <br />Property Description <br />The subject property consists of a two -story Spanish Colonial style residence and garage located <br />at The site is within the Single Family Residential (R1) zoning <br />district. Surrounding land uses are residential (Exhibit 1). <br />Analysis of the Issues <br />In March 1999, the City Council approved an ordinance authorizing Historic Property Preservation <br />Agreements (HPPA), commonly known as Mills Act contracts, for eligible historic properties. The <br />agreement provides monetary incentive to the property owner in the form of a property tax <br />reduction in exchange for the owner's voluntary commitment to maintain the property in a good <br />state of repair and to rehabilitate the property as necessary to maintain its character and <br />appearance. Once recorded, the agreement triggers the use of a different valuation method in <br />determining the property's assessed value, thereby resulting in potentially significant property tax <br />savings for the owner. <br />EXHIBIT B36 <br />25A -397 <br />