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Page 3 of 4 <br />· 2017: General grounds maintenance. Maintenance and repair of the deteriorated <br />rafters on the front porch (paint & flashing). Inspection of rafters, outriggers and <br />brackets. Repair and installation of flashing and weather-proofing, as needed. <br /> <br />· 2018: Replace 60 year old water pipes from Hopkins St to front of house. <br />Inspection of rafters, outriggers and brackets. Repair and installation of flashing <br />and weather-proofing, as needed. <br /> <br />· 2019: General maintenance. Removal of the broken A/C and heater unit on the <br />roof. Inspection of rafters, outriggers and brackets. Repair and installation of <br />flashing and weather-proofing, as needed. <br /> <br />· 2020: Inspection of rafters, outriggers and brackets. Repair and installation of <br />flashing and weather-proofing, as needed. <br /> <br />· 2021: General maintenance. Inspection of rafters, outriggers and brackets. <br />Repair and installation of flashing and weather-proofing, as needed. <br /> <br />· 2022: Maintenance of heritage oak tree and sidewalk. Inspection of rafters, <br />outriggers and brackets. Repair and installation of flashing and weather- <br />proofing, as needed. <br /> <br />· 2023: Inspection of rafters, outriggers and brackets. Repair and installation of <br />flashing & weather-proofing as needed. <br /> <br />· 2024: Inspection of rafters, outriggers and brackets. Repair and installation of <br />flashing and weather-proofing, as needed. <br /> <br />· 2025: General maintenance. Inspection of rafters, outriggers and brackets. <br />Repair and installation of flashing and weather-proofing, as needed. <br /> <br />Once granted a Mills Act Contract, a property owner may save approximately 40%-60% <br />of the individual assessed tax valuation of the property. Since the City collects less than <br />20% of the 1% of the assessed value of the property, an estimated loss of revenue to <br />the City for a property valuated at $1,000,000 would be approximately $800 to $1,200 <br />per year. <br /> <br />ALTERNATIVES <br />Should the Council feel there is not enough information to designate the structure under <br />at least one of the four Criteria listed above, the Council may deny the request. The <br />Council may also request that additional information be provided prior to a final decision <br />being made. <br /> <br />FISCAL IMPACT <br />Designation of a local historic landmark carries no fiscal impact; however, approval of a <br />Historic Preservation Agreement (Mills Act Contract) does reduce the annual property <br />7.A. - Page 3