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PowerPoint Presentation

Santa Monica City Council
October 24, 2023

Document
PowerPoint Presentation
Meeting
October 24, 2023
Body
Santa Monica City Council
Original file
1.2 MB
Text extracted from the city's file for reading and search. Open the original on santamonicacityca.iqm2.com. That file is the official record.

City Council
October 24, 2023
Mills Act Contract
2023 Mills Act Contract
• Mills Act is one of the most important
incentives for historic preservation
• Qualified properties receive a tax reduction with
required maintenance and rehabilitation to
ensure the continued life of the historic structure
• Currently City has 100 Mills Act Contracts
• One contract proposed this year
3014 4th Street
MILLS ACT APPLICATION 23ENT-0093
• Built in 1922
• Designated a Landmark 2022
• Rehabilitation on going,
maintenance going forward
• $2,989,636 over 10 years

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