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Home My WebLink About2012/12/11 Item 14 Additional Information - Mills Act Agreement 151 Landis Ave Mills Act AgreementMills Act Agreement 151 Landis Avenue 151 Landis Avenue December 5, 2012December 5, 2012 Background ______________________________________________________________________ State Legislation  Section 6.0 of the City’s HPP  Qualified Historic Properties  Legally Binding Contracts ________________________________________________________________________________________ Initial 10 year term w/ automatic 1  year extensions Runs with property not owner  Benefits __________________________________________ Preservation of Important Resources  Economic –Property Tax Reduction  151 Landis Avenue __________________________________________ Albert Barber House, Historic Site #26  (1887) Orchard Home circa 1888  Multi-family Residential Property  Preservation, Restoration, Rehabilation Proposal – Attachment B _____________________________________________________ Exterior Restoration (Porch, roof,  Architectural Detailing) Rehabilitation (Exterior painting,  landscaping) Renovation (Health and Safety Issues)  Next Steps ___________________________ Execute and Notarize Agreement  Council Consideration Dec. 11 th  Recorded with the Assessor  Before December 31 st Re-assessed 2½ of 2013 nd  Questions