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Agenda Item

2.9 21-0619 Subject: 2021 Mills Act Contract Recommendations From: Planning And Building Department Recommendation: Adopt A Resolution, As Recommended By The Landmarks Preservation Advisory Board, Approving Five (5) Mills Act Contracts Between The City Of Oakland And The Properties At 1420 Magnolia Street, 1120 Chester Street, 1020-22 Bella Vista Avenue, 671 Longridge Road, And 901 Trestle Glen Road, 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 And Approving Total City Tax Revenue Reduction Estimated To Be Below $25,000 Per Year