3 15-0229 Subject: Mills Act Contracts
From: Planning & Building Department
Recommendation: Adopt A Resolution, As Recommended By The Landmarks Preservation Advisory Board, Approving Seven (7) Mills Act Contracts Between The City Of Oakland And The Properties At 856 Trestle Glen Road (Estimated $8,662/Year Property Tax Reduction), 51 8th Street (Estimated $6,442/Year Property Tax Reduction), 339 Palm Avenue (Estimated $9,742/Year Property Tax Reduction), 319 Henry Street (Estimated $2,156/Year Property Tax Reduction), 1433 12th Avenue (Estimated $7,300/Year Property Tax Reduction), 334 Newton Avenue (Estimated $2,990/Year Property Tax Reduction), And 1902 Myrtle Street (Estimated $2,078/Year Property Tax Reduction) Pursuant To Ordinance 12987 C.M.S., To Provide Property Tax Reductions In Exchange For Owners' Agreement To Repair And Maintain Historic Properties In Accordance With Submitted Work Programs