3 16-0182 Subject: Mills Act Contracts
From: Planning And Building Department
Recommendation: Adopt A Resolution, As Recommended By The Landmarks Preservation Advisory Board, Approving Four (4) Mills Act Contracts Between The City Of Oakland And The Properties At 523 41st Street (Estimated $4,589/Year Property Tax Reduction), 1824 Myrtle Street (Estimated $3,045/Year Property Tax Reduction), 1733 10th Street (Estimated $2,738/Year Property Tax Reduction), And 1506 Linden Street (Estimated $4,482/Year Property Tax Reduction), Pursuant To Ordinance No. 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