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property in conformance with the Secretary of the Interior's Standards for Rehabilitation and the <br />State Historic Building Code. The community benefits from the improvement in the quality of this <br />historic structure. <br />Steven & Clara Guerrero, owners of the residential property at 280 East F Street, desire to <br />improve their property. Steven & Clara Guerrero realize there are tax advantages associated with <br />entering into an historic property preservation agreement ("Mills Act Contract") before initiating the <br />restoration of the property and is requesting the City's assistance by entering into this agreement. <br />The Historic Preservation Commission, at their meeting on February 14, 2007, unanimously <br />supported Steven & Clara Guerrero's application to obtain an historic property preservation <br />agreement with the City. <br />FINANCIAL IMPACT: <br />No financial impact is anticipated from the execution of the proposed agreement. <br />ENVIRONMENTAL IMPACT: <br />No environmental impact is anticipated from the execution of the proposed agreement. <br />CONFLICT OF INTEREST — Gift Disclosure Requirements <br />Not applicable. <br />RECOMMENDATION: <br />Staff recommends that the City Council approve the Historic Property Preservation Agreement <br />("Mills Act Contract") with Steven & Clara Guerrero or the property at 280 East F Street, Colton, <br />California and authorize the City Manager, as the Preservation Officer, to execute the agreement. <br />Attachment: Historic Property Preservation Agreement <br />Prepared by: Jessie Webster, Community Development Department <br />REVIEW TEAM ONLY <br />City Attorney:_ <br />City Manager <br />Finance Director: <br />OTHER: <br />