HomeMy WebLinkAbout07-46 - Approving Draft Historic Preservation Agreement to Allow Mills Act for 546 Bernard StreetRESOLUTION NO. 07-46
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF COSTA MESA, CALIFORNIA, APPROVING THE
DRAFT HISTORIC PRESERVATION AGREEMENT TO
ALLOW IMPLEMENTATION OF THE MILLS ACT FOR
546 BERNARD STREET IN THE CITY OF COSTA MESA.
THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE AS
FOLLOWS:
WHEREAS, the Mills Act, Government Code Section 50280 et seq. provides
cities with the opportunity to contract with owners of qualified historical resources
whereby the owner promises to preserve, restore and rehabilitate the property in return
for a reduced property tax assessment; and
WHEREAS, the City is dedicated to the protection and stabilization of property
values through maintaining and upgrading its older housing stock, through the use of
incentives such as the Mills Act; and
WHEREAS, the Mills Act will also have beneficial effects on City businesses,
economic stability and community pride by preserving important neighborhood
resources; and
WHEREAS, the use of the Mills Act will fulfill one of the City's General Plan
goals, calling for the promotion and preservation of significant historic resources; and
WHEREAS, it is the City's expectation that Property Owner will use the property
tax savings accrued under this agreement to compensate for past and future
improvements to the property.
WHEREAS, Owner possesses fee title in and to that certain qualified real
property together with associated structures and improvements thereon, located at 546
Bernard Street, Costa Mesa, California, (hereinafter referred to as "Historic Resource");
and
WHEREAS, the Historic Resource is a qualified historical property under the
Mills Act in that it is privately owned property which is not exempt from property taxation
and is listed on the City of Costa Mesa's Historic Resource list; and
WHEREAS, Owner, in consideration for abiding by the terms of this Agreement
shall be entitled to a reassessment of valuation of the Historic Resource and any
corresponding reduction in property taxes pursuant to the provisions of the California
Revenue and Taxation Code; and
WHEREAS, the City and Owner for their mutual benefit, now desire to enter into
this Agreement to limit the use of the Historic Resource to prevent inappropriate
alterations, to ensure that characteristics of historical significance are preserved and
maintained in an exemplary manner, and to carry out the purposes of Article 12
(commencing with Section 50280) of Chapter 1, Part 1, Division 1 of Title 5 of the
California Government Code and Article 1.9 (commencing with Section 439) of Chapter
3, Part 2 of Division 1 of the California Revenue and Taxation Code.
NOW, THEREFORE, City Council hereby directs staff to enter into the attached
Historic Preservation Agreement with the Property Owner of 546 Bernard Street, Costa
Mesa.
PASSED AND ADOPTED this 1 st day of May, 2007.
ATTEST:
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Jule Folcik, City Clerk
Allan R. Mansoor, Mayor
APPROVED AS TO FORM:
Kimberly Hall Barlow, City Attorney
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF COSTA MESA )
I, JULIE FOLCIK, City Clerk of the City of Costa Mesa, DO HEREBY CERTIFY
that the above and foregoing is the original of Resolution No. 07-46 and was duly
passed and adopted by the City Council of the City of Costa Mesa at a regular meeting
held on the 1St day of May, 2007, by the following roll call vote, to wit:
AYES:
COUNCIL MEMBERS:
MANSOOR, BEVER, DIXON, FOLEY, LEECE
NOES:
COUNCIL MEMBERS:
NONE
ABSENT:
COUNCIL MEMBERS:
NONE
IN WITNESS WHEREOF, I have hereby set my hand and affixed the seal of the
City of Costa Mesa this 2nd day of May, 2007.
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J LIE FOLCIK, CITY CLERK