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HomeMy WebLinkAbout09-16-2014 C3 Mills Act request 774 Marsh September 16, 2014 C3 FROM: Derek Johnson, Community Development Director Prepared By: Walter Oetzell, Assistant Planner SUBJECT: REVIEW OF A MILLS ACT CONTRACT FOR THE SNYDER BUILDING AT 774 MARSH STREET (APPLICATION CHCMA 88-14) RECOMMENDATION Adopt a resolution (Attachment 8), entering into a Mills Act Historic Preservation Contract with the owner of the Synder Building at 774 Marsh Street, under the terms described in the contract. SITE DATA Applicant Matt Quaglino Zoning Downtown Commercial (C-D) Historical Preservation (H) General Plan General Retail Site Area 2,400 sq. ft. Site Description The site is developed with a mixed-use building containing 3 office suites and 4 apartment dwellings. Historic District Downtown Historic District BACKGROUND The applicant, Matt Quaglino has submitted an application to enter into a Mills Act contract with the City for the improvement and preservation of the Snyder Building (774 Marsh Street), a Master List Resource in the City’s Inventory of Historic Resources, in exchange for property tax relief. The Snyder Building The Snyder Building is located on a rectangular 2,400 square foot parcel at the northeast corner of Marsh and Garden Streets, and occupies the entire parcel. There is 60 feet of street frontage along Marsh and 40 feet along Garden. The site is within the Downtown Commercial (C-D) Zone and within the Downtown Historic District. The applicant has provided a description of the subject building (Attachment 2) with details about its historical background and current C3 - 1 Mills Act Historic Preservation Contract for the Snyder Building (CHCMA 88-14: 774 Marsh St) Page 2 condition. The building is a two-story commercial building in a Mission Revival style, constructed in 1922 by Dr. G. A. Snyder, a dentist. Originally, three office suites and a residential apartment occupied the ground floor, and three apartments were on the upper floor. Dr. Fred Mugler, a prominent orthopedic surgeon and founder of a nursing school at the San Luis Sanitarium, was an early and notable occupant of the building. Mills Act Property Tax Abatement Program The Mills Act Property Tax Abatement Program enables California cities to enter into contracts with owners of historical property to provide them with tax relief in exchange for an agreement to actively participate in the restoration and maintenance of historical resources. A Mills Act contract is effective for an initial 10-year period, and then is automatically extended annually for an additional year. After the initial term, either the City or the owner may, by written notice, decide not to renew the contract. During the effective term of the contract, the property owner must improve or rehabilitate the property, maintain the property consistent with the Secretary of the Interior’s Standards, and provide visibility of the historical resource from the public right-of-way. The Conservation and Open Space Element (COSE) of the General Plan describes the City’s goals and policies for the protection of cultural resources. It is the City’s policy that significant historic resources be rehabilitated and preserved (COSE §3.3). Participation in the Mills Act Program is one of the means by which the City encourages the maintenance and restoration of historic properties (COSE §3.6.2). Currently there are 50 properties participating in the program, and this is the only such request being considered so far this year. Cultural Heritage Committee Recommendation The Cultural Heritage Committee reviewed the terms of the proposed Mills Act Contract at a public hearing on July 28, 2014. The Committee, by unanimous vote, recommended that the Council approve the contract. The staff report and the resolution adopted by the Committee are attached to this report (Attachments 4 and 5). DISCUSSION Proposed Contract The City and the property owner will enter into a contract that is prepared using standard language suggested by the California State Parks Office of Historic Preservation (Attachment 7). At its core is an agreement made by the property owners to “undertake and complete, at their expense, the preservation, maintenance, and improvements” described in an improvement plan. Figure 1: The Snyder Building (Marsh St. elevation) C3 - 2 Mills Act Historic Preservation Contract for the Snyder Building (CHCMA 88-14: 774 Marsh St) Page 3 Improvement Plan The intent of the program is to encourage rehabilitation, restoration, and maintenance of properties that are historic resources, so a property owner participating in the program receives tax relief that is, in part, dependent upon the cost of planned improvements that are related those purposes. The applicant has provided an outline of the improvements proposed to be undertaken (Attachment 3) with an estimate of their costs. These improvements are estimated to cost about $335,000. Savings from the tax relief provided under the contract are an incentive to undertake improvements and maintenance related to the historic character of the property. These improvements are reviewed for consistency with applicable historical preservation standards and guidelines through the construction permitting process. The City periodically reviews properties that are subject to Mills Act Contracts to confirm that preservation efforts are in compliance with City standards and policies. Estimated Tax Relief It is estimated that the property owner may realize a total tax savings of about $15,830 over the initial period of the contract (about 5% of the total cost of the improvements). This estimate was prepared by comparing the amount of tax that would normally be collected, using the current assessed value of the property, to the amount that might be collected under the terms of a Mills Act Contract. A summary of the estimate is provided here, and details about the assumptions behind the estimate are provided in Attachment 6. Actual costs and values are calculated by the County Assessor after the contract is agreed. Under a Mills Act Contract, the value of the property is assessed using a “capitalization of income” method described in the California Revenue and Taxation Code. By this method, the value of the property is determined in large part by the income that it is anticipated to generate. This “Restricted Value” may be significantly lower than the current assessed value of the property, resulting in tax savings to the property owner. This tax relief is the financial incentive that is to be invested in rehabilitation, restoration, and maintenance of historic resources. The schedule of proposed improvements is shown in Attachment 4. Annual Income and Costs Effective Gross Income 79,800.00$ Maintenance Costs (19,950.00)$ Net Operating Income 59,850.00$ Valuation Current Assessed Value 905,412.00$ Restricted Value 747,751.12$ Difference in Valuation 157,660.88$ Tax Relief Tax Difference (Annually)1,582.92$ Total Tax Relief (Initial Term)15,829.15$ Owner Investment Total Owner Investment 318,786.85$ Owner Share of Improvements 95% Fiscal Impact Summary Table 1: Estimated Tax Relief C3 - 3 Mills Act Historic Preservation Contract for the Snyder Building (CHCMA 88-14: 774 Marsh St) Page 4 CONCLUSION Participation in the Mills Act Program is one of the means by which the City encourages the maintenance and restoration of historic properties. An estimate of the tax savings that the owner of the Snyder Building might realize under this contract concludes that the cost of this incentive is likely to be a small portion of the total investment that the property owner proposes to make in the rehabilitation, restoration, and maintenance of this building, a Master List Historic Resource. The modest incentive provided is a reasonable means to further the City’s historical preservation goals and policies. FISCAL IMPACT As discussed in this report, entering into a Mills Act Historic Preservation Contract with the owner of the Snyder Building may result in reduced property tax revenues. By the estimate prepared for this report, the property owner may realize a total tax savings of about $15,830 over the initial 10-year period of the contract. The City typically receives about 15% of the property tax revenue collected by the County Assessor. Under that assumption, the fiscal impact of entering into this contract is about $ 2,375 for the initial 10-year period of the contract. ALTERNATIVES 1. Continue review of this request to a future date for additional analysis or research; or 2. Do not enter into a Mills Act Historic Preservation Contract with the property owner. This alternative is not recommended. The contract provides a tax relief incentive that is a tool for achieving the City’s goals for historical preservation. ATTACHMENTS 1. Vicinity Map 2. Description of the Snyder Building 3. List of Proposed Improvements 4. Cultural Heritage Committee Agenda Report (July 28, 2014) 5. Cultural Heritage Committee Resolution (Adopted July 28, 2014) 6. Fiscal Impact Estimate Assumptions 7. Draft Contract 8. Draft City Council Resolution T:\Council Agenda Reports\2014\2014-09-16\Mills Act request 774 Marsh (Johnson-Oetzell)\CouncilAgendaReport.docx C3 - 4 O O C-D C-D C-D-H C-D-H O C-D C-D C-D-H O C-D C-D PF-H C-D-H C-D-H O C-D C-D-H C-D-H O C-D-S-H O-H MARSH G A R D E N B R O A D PACIF I C C H O R R O HIGUE R A VICINITY MAP File No. 88-14774 Marsh St.¯ ATTACHMENT 1 C3 - 5 ATTACHMENT 2 C3 - 6 C3 - 7 May 1, 2014 To: Phil Dunsmore, City of San Luis Obispo, Planning Department From: Matt Quaglino Re: Proposed list of Mills Act Improvements for 774 Marsh Street 1. Replace windows with period appropriate window styles. $46,900 2. Repair and Paint the exterior of the building. $34,800 3. Replace the roof system. $19,000 4. Repair and paint all interior walls. $22,300 5. Replace existing carpet in the common lobbies with a period appropriate flooring finish. $6,500 6. Paint all interior walls and wood work. (See 4 above) 7. Repair or replace kitchen cabinets as necessary. $21,374 8. Repair electrical and mechanical as required. $58,700 9. Re-install the ground floor residential unit that had been converted to commercial. $14,500 10. Replace modern lighting fixtures with period appropriate fixtures. $8,400 11. Install tile at kitchens and bathrooms to replace missing or damaged tile. $9,700 12. Repair or replace existing heating systems. (See 8 above) 13. Refinish hardwood flooring in residential units. $7,900 14. Install period appropriate window coverings. $6,785 15. Fabricate and install the original trim that surrounded the building Marsh Street entry. $6,507 16. Fabricate and install the detail that was located on the lower side of the small balcony over the entry door. (See 15 above) 17. Remove the rear wood stairs and expose the original windows. 6,300 18. Install an ADA compliant restroom on the ground floor to serve the commercial uses. $10,300 19. Install code compliant handrails at the entry stairs. $4,200 20. Rework existing fire sprinkler system to minimize the impact of the exposed piping. $5,850 21. Install tile over entry door: $1,800 22. Install flooring in commercial offices: $14,800 23. Miscellaneous and contingency: $28,000 Total: $334,616.00 ATTACHMENT 3 C3 - 8 Meeting Date: June 28, 2014 Item Number: 2 CULTURAL HERITAGE COMMITTEE AGENDA REPORT SUBJECT: Review of a draft Mills Act contract for the Snyder Building ADDRESS: 774 Marsh St BY: Walter Oetzell, Assistant Planner FILE NUMBER: CHCMA 88-14 FROM: Phil Dunsmore, Senior Planner SUMMARY RECOMMENDATION Adopt the Cultural Heritage Committee Resolution (Attachment 2) recommending that the City Council enter into a Mills Act Historic Preservation contract for the Snyder Building (774 Marsh Street), under the terms described in the draft contract (Attachment 3). BACKGROUND The applicant, Matt Quaglino has submitted an application to enter into a Mills Act contract with the City for the improvement and preservation of the Snyder Building (774 Marsh Street), in exchange for property tax relief. The Snyder Building is a Master List Resource in the Cit’s Inventory of Historic Resources. The Committee shall review the draft terms of the contract and provide a recommendation to the City Council. DISCUSSION Cultural Heritage Goals The Conservation and Open Space Element (COSE) of the General Plan describes the City’s goals and policies for the protection of cultural resources. It is the City’s policy that significant historic resources be rehabilitated and preserved (COSE §3.3). Participation in the Mills Act Program is one of the means by which the City encourages the maintenance and restoration of historic properties (COSE §3.6.2). The Snyder Building The applicant has provided a description of the subject building with details about its historical background and current condition. It is located on a rectangular 2,400 square foot parcel at the northeast corner of Marsh and Garden Streets, and occupies the entire parcel. There is 60 feet of street frontage along Marsh and 40 feet along Garden. The site is within the Downtown Commercial (C-D) Zone, a Historic Preservation (H) Zone, and within the Downtown Historic District. CHC2 - 1 ATTACHMENT 4 C3 - 9 CHCMA 88-14 (774 Marsh St) Page 2 The building is a two-story commercial building in a Mission Revival style, constructed in 1922 by Dr. G. A. Snyder, a dentist. Originally, 3 office suites and a residential apartment occupied the ground floor, and three apartments were on the upper floor. Dr. Fred Mugler, a prominent orthopedic surgeon and founder of a nursing school at the San Luis Sanitarium, was an early and notable occupant of the building. Also of note is the “Sawyer style” of construction used to build this structure. As discussed in the applicant’s building description (Attachment 4), this was an innovative method of construction, patented by Frank M. Sawyer, a Los Angeles architect. The method involved the use of pre-cast concrete slabs spaced to form insulating spaces between the slabs, in which steel rebar was placed and grouted, forming a lightweight, structurally sound assembly. Mills Act Property Tax Abatement Program The Mills Act Property Tax Abatement Program enables California cities to enter into contracts with owners of historical property to provide them with tax relief in exchange for an agreement to actively participate in the restoration and maintenance of historical resources. A Mills Act contract is effective for an initial 10 year period, and then is automatically extended annually for an additional year. After the initial term, either the City or the owner may, by written notice, decide not to renew the contract. During the effective term of the contract, the property owner must improve or rehabilitate the property, maintain the property consistent with the Secretary of the Interior’s Standards, and provide visibility of the historical resource from the public right-of- way. EVALUATION Contract: The City and the property owner will enter into a contract that is prepared using standard language suggested by the California State Parks Office of Historic Preservation (Attachment 3). At its core is an agreement made by the property owners to “undertake an d complete, at their expense, the preservation, maintenance, and improvements” described in an improvement plan. Improvement Plan: The intent of the program is to encourage rehabilitation, restoration, and maintenance of properties that are historic resources, so a property owner participating in the program receives tax relief that is, in part, dependent upon the cost of planned improvements that are related those purposes. The applicant has provided an outline of the improvements proposed to be undertaken (Attachment 5) with an estimate of their costs. These improvements are estimated to cost about $335,000. Savings from the tax relief provided under the contract are an incentive to undertake improvements and maintenance related to the historic character of the property. These CHC2 - 2C3 - 10 CHCMA 88-14 (774 Marsh St) Page 3 improvements are reviewed for consistency with applicable historical preservation standards and guidelines through the construction permitting process. The City periodically reviews properties that are subject to Mills Act Contracts to confirm that preservation efforts are in compliance with City standards and policies. Fiscal Impact: The tax relief provided to the property owner is a financial incentive that is to be invested in rehabilitation, restoration, and maintenance of historic resources. As such, the amount of tax relief should not exceed the cost of planned improvements. Once the subject property enters into a Mills Act contract, the value of the property is assessed by a “capitalization of income” method, in a manner described in the California Revenue and Taxation Code. Under this method, a property’s value is determined in large part by the income that it is anticipated to generate. The resulting assessed value can result in considerable tax savings to the property owner. A rough estimate has been prepared comparing the amount of tax that would be collected under this method to the amount that would normally be expected using the current assessed value of the property. The difference between the two represents an estimate of tax savings that the property owner might expect through participation in the Mills Act Program. This savings should be comparable to the cost of the planned improvements. Tax savings in excess of improvement costs would indicate forfeiture of tax revenue by the City without a corresponding benefit to historic preservation efforts. A summary of the estimate is provided here, and details about the assumptions behind this estimate are provided in Attachment 6. The estimate indicates that the owner may realize a total tax savings of about $15,830 over the initial period of the contract, which is about 5% of the total cost of the improvements. It is based on the property’s current value, as most recently assessed by the San Luis Obispo County Assessor. Actual costs and values are calculated after the contract is agreed. ENVIRONMENTAL REVIEW Entering into a Mills Act contract with a property owner is exempt from the provisions of the California Environmental Quality Act (CEQA), as it is not a project as defined by §15378 of the CEQA Guidelines. The contract provides tax relief for historical preservation efforts, but does not involve approval or commitment to any specific project that may result in a potentially significant physical impact on the environment. Annual Income and Costs Effective Gross Income 79,800.00$ Maintenance Costs (19,950.00)$ Net Operating Income59,850.00$ Valuation Current Assessed Value 905,412.00$ Restricted Value 747,751.12$ Difference in Valuation157,660.88$ Tax Relief Tax Difference (Annually)1,582.92$ Total Tax Relief (Initial Term)15,829.15$ Owner Investment Total Owner Investment 318,786.85$ Owner Share of Improvements 95% Fiscal Impact Summary CHC2 - 3C3 - 11 CHCMA 88-14 (774 Marsh St) Page 4 RECOMMENDATION Adopt the draft Cultural Heritage Committee Resolution (Attachment 2) recommending that the City Council enter into a Mills Act Historic Preservation contract with the owner of the property at 774 Marsh Street, under the terms described in the draft contract (Attachment 3). ALTERNATIVES 1. Find that the fiscal impact of providing tax relief to the property owner exceeds the benefit of the historical preservation efforts likely to be undertaken on the property, and recommend that the City Council does not enter into a Mills Act Contract with the property owner. 2. Review the improvement plan and fiscal impact estimate and continue consideration of the application to a future date to allow time to collect additional information that may help in forming a recommendation to the City Council regarding participation of this property in the Mills Act Property Tax Abatement Program. ATTACHMENTS 1. Vicinity Map 2. Draft Resolution 3. Draft Mills Act Contract 4. Building Description 5. Improvement Plan 6. Fiscal Impact Assumptions CHC2 - 4C3 - 12 RESOLUTION NO. XXXX-14 A RESOLUTION OF THE SAN LUIS OBISPO CULTURAL HERITAGE COMMITTEE, RECOMMENDING THE CITY COUNCIL APPROVE A HISTORIC PROPERTY PRESERVATION AGREEMENT FOR THE MASTER LIST SNYDER BUILDING LOCATED AT 774 MARSH STREET WHEREAS, the City Council has adopted Resolution No. 9136 (2000 Series), establishing the Mills Act Historic Property Tax Incentive Program as an on-going historic preservation program to promote the preservation, maintenance and rehabilitation of historic resources through financial incentives; and WHEREAS, the City Council of the City of San Luis Obispo has designated this property as a historic resource of the City of San Luis Obispo pursuant to the policies in the City’s Historic Preservation Program Guidelines; and WHEREAS, the City and owners, for their mutual benefit, now desire to enter into this agreement to limit the use of the property to prevent inappropriate alterations and to ensure that character-defining features are preserved and maintained in an exemplary manner, and repairs and/or improvements are completed as necessary to carry out the purposes of California Government Code, Chapter 1, Part 5 of Division 1 of Title 5, Article 12, Sec. 50280 et seq., and to qualify for an assessment of valuation pursuant to Article 1.9, Sec. 439 et. seq. of the Revenue and Taxation Code. WHEREAS, the Cultural Heritage Committee has duly considered all evidence, including the testimony of the applicant, interested parties, and the evaluation and recommendations by staff, presented at said hearing. BE IT RESOLVED, by the Cultural Heritage Committee of the City of San Luis Obispo as follows: Section 1. Findings. 1. Conservation and Open Space Element program 3.6.2 indicates the City will participate in financial assistance programs such as property tax reduction programs that encourage maintenance and restoration of historic properties. 2. The Snyder Building, located at 774 Marsh Street, has been recognized as a historic asset in the community by its designation as a Master List Historic Property. As such, maintaining the structure will meet the City’s goals for historic preservation listed in policies 3.3.1 through 3.3.5 of the Conservation and Open Space Element. Section 2. Environmental Review. The above actions do not constitute a project, as defined by Section 15378 of the California Environmental Quality Act and are exempt from environmental review. ATTACHMENT 5 C3 - 13 Resolution No.XXXX-14 774 Marsh St Page 2 Section 3. Action. The Committee hereby recommends approval of application CHCMA 88-14, allowing the City to enter into a Mills Act Historic Preservation Agreement. On motion by Committee member, , seconded by Committee member, , and on the following roll call vote: AYES: NOES: REFRAIN: ABSENT: The foregoing resolution was passed and adopted this 28th day of July, 2014. _____________________________ Phil Dunsmore, Secretary Cultural Heritage Committee C3 - 14 CHCMA 88-14 (774 Marsh St) July 28, 2014 Fiscal Impact Assumptions Planned Improvements $ 334,616.00 Monthly Income and Losses Monthly Rent $ 7,000.00 Vacancy, Collection, Loss Rate 5% Vacancy, Collection, Loss $ (350.00) Effective Gross Income (Monthly) $ 6,650.00 Monthly Maintenance Costs Maintenance Cost Factor 25% (a) Operations, Insurance, & General Maintenance $ 1,662.50 (b) Total Monthly Maintenance Costs $ 1,662.50 (a) as portion of Effective Gross Income (b) Effective Gross Income * Maintenance Cost Factor Capitalization Rate Components Interest Rate 4.000% (c) Risk Rate 2.000% (c) Property Tax Rate 1.004% (d) Amortization Rate 1.000% (e) Total Capitalization Rate 8.004% (c) Statutory (d) Actual (e) 50 yr remaining life; 50:50 ratio of property:improvement value ATTACHMENT 6 C3 - 15 HISTORIC PROPERTY PRESERVATION AGREEMENT BETWEEN THE CITY OF SAN LUIS OBISPO AND THE OWNER OF THE HISTORIC BUILDING LOCATED AT 774 MARSH STREET, IN THE CITY AND COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA. THIS AGREEMENT is made and entered into this ________ day of ________ , 2014, by and between the City of San Luis Obispo, a municipal corporation (hereinafter referred to as the “City”), and Matthew Quaglino (hereinafter referred to as “Owner”), and collectively referred to as the “parties.” Section 1. Description of Preservation Measures. The Owner, their heirs, or assigns hereby agree to undertake and complete, at their expense, the preservation, maintenance, and improvements measures described in “Exhibit A” attached hereto. Section 2. Effective Date and Term of Agreement. This agreement shall be effective and commence upon recordation and shall remain in effect for an initial term of ten (10) years thereafter. Each year upon the anniversary of the agreement’s effective date, such initial term will automatically be extended as provided in California Government Code Section 50280 through 50290 and in Section 3, below. Section 3. Agreement Renewal and Non-renewal. a. Each year on the anniversary of the effective date of this agreement (hereinafter referred to as “annual renewal date”), a year shall automatically be added to the initial term of this agreement unless written notice of nonrenewal is served as provided herein. b. If the Owner or the City desires in any year not to renew the agreement, the Owner or the City shall serve written notice of nonrenewal of the agreement on the other party. Unless such notice is served by the Owner to the City at least ninety (90) days prior to the annual renewal date, or served by the City to the Owner at least sixty (60) days prior to the annual renewal date, one (1) year shall automatically be added to the term of the agreement as provided herein. c. The Owner may make a written protest of the notice. The City may, at any time prior to the annual renewal date, withdraw its notice to the Owner of nonrenewal. d. If either the City or the Owner serves notice to the other party of nonrenewal in any year, the agreement shall remain in effect for the balance of the term then remaining. Section 4. Standards and Conditions. During the term of this agreement, the historic property shall be subject to the following conditions: a. Owner agrees to preserve, maintain, and, where necessary, restore or rehabilitate the building and its character-defining features, including: the building’s general ATTACHMENT 7 C3 - 16 Historic Preservation Agreement 774 Marsh Street Page 2 architectural form, style, materials, design, scale, proportions, organization of windows, doors, and other openings; interior architectural elements that are integral to the building’s historic character or significance; exterior materials, coatings, textures, details, mass, roof line, porch, and other aspects of the appearance of the building’s exterior, as described in Exhibit A, to the satisfaction of the Community Development Director or his designee. b. The building’s interior closely relates to the property’s eligibility as a qualified historic property. The Owner agrees to allow pre-arranged tours on a limited basis, to the approval of the Community Development Director or his designee. c. All building changes shall comply with applicable City specific plans, City regulations and guidelines, and conform to the rules and regulations of the Office of Historic Preservation of the California Department of Parks and Recreation, namely the U.S. Secretary of the Interior’s Standards for Rehabilitation and Standards and Guidelines for Historic Preservation Projects. Interior remodeling shall retain original, character-defining architectural features such as oak and mahogany details, pillars and arches, special tile work, or architectural ornamentation to the greatest extent possible. d. The Community Development Director shall be notified by the Owner of changes to character-defining exterior features prior to their execution, such as major landscaping projects and tree removals, exterior door or window replacement, repainting, remodeling, or other exterior alterations requiring a building permit. The Owner agrees to secure all necessary City approvals and/or permits prior to changing the building’s use or commencing construction work. e. Owner agrees that property tax savings resulting from this agreement shall be used for property maintenance and improvements as described in Exhibit A. f. The following are prohibited: demolition or partial demolition of the historic building; exterior alterations or additions not in keeping with the standards listed above; dilapidated, deteriorating, or unrepaired structures such as fences, roofs, doors, walls, windows; outdoor storage of junk, trash, debris, appliances, or furniture visible from a public way; or any device, decoration, structure, or vegetation which is unsightly due to lack of maintenance or because such feature adversely affects, or is visually incompatible with, the property’s recognized historic character, significance, and design as determined by the Community Development Director. g. Owner shall allow reasonable periodic examination, by prior appointment, of the interior and exterior of the historic property by representatives of the County Assessor, the State Department of Parks and Recreation, the State Board of Equalization, and the City as may be necessary to determine the owners’ compliance with the terms and provisions of this agreement. C3 - 17 Historic Preservation Agreement 774 Marsh Street Page 3 Section 5. Furnishing of Information. The Owner hereby agrees to furnish any and all information requested by the City which may be necessary or advisable to determine compliance with the terms and provisions of this agreement. Section 6. Cancellation. a. The City, following a duly-noticed public hearing by the City Council as set forth in Government Code Section 50285, may cancel this agreement if it determines that the Owner has breached any of the conditions of this agreement or has allowed the property to deteriorate to the point that it no longer meets the standards for a qualified historic property; or if the City determines that the Owner has failed to preserve, maintain, or rehabilitate the property in the manner specified in Section 4 of this agreement. If a contract is cancelled because of failure of the Owner to preserve, maintain, and rehabilitate the historic property as specified above, the Owner shall pay a cancellation fee to the State Controller as set forth in Government Code Section 50286, which states that the fee shall be 12 ½% of the full value of the property at the time of cancellation without regard to any restriction imposed with this agreement. b. If the historic building is acquired by eminent domain and the City Council determines that the acquisition frustrates the purpose of the agreement, the agreement shall be cancelled and no fee imposed, as specified in Government Code Section 50288. Section 7. Enforcement of Agreement. a. In lieu of and/or in addition to any provisions to cancel the agreement as referenced herein, the City may specifically enforce, or enjoin the breach of, the terms of the agreement. In the event of a default, under the provisions to cancel the agreement by the Owner, the City shall give written notice of violation to the Owner by registered or certified mail addressed to the address stated in this agreement. If such a violation is not corrected to the reasonable satisfaction of the Community Development Director or designee within thirty (30) days thereafter; or if not corrected within such a reasonable time as may be required to cure the breach or default of said breach; or if the default cannot be cured within thirty (30) days (provided that acts to cure the breach or default may be commenced within thirty (30) days and shall thereafter be diligently pursued to completion by the Owner); then the City may, without further notice, declare a default under the terms of this agreement and may bring any action necessary to specifically enforce the obligations of the Owner growing out of the terms of this agreement, apply to any court, state or federal, for injunctive relief against any violation by the owners or apply for such relief as may be appropriate. b. The City does not waive any claim of default by the Owner if the City does not enforce or cancel this agreement. All other remedies at law or in equity which are not otherwise provided for in this agreement or in the City’s regulations C3 - 18 Historic Preservation Agreement 774 Marsh Street Page 4 governing historic properties are available to the City to pursue in the event that there is a breach or default under this agreement. No waiver by the City of any breach or default under this agreement shall be deemed to be a waiver of any other subsequent breach thereof or default herein under. c. By mutual agreement, City and Owner may enter into mediation or binding arbitration to resolve disputes or grievances growing out of this contract. Section 8. Binding Effect of Agreement. The Owner hereby subjects the historic building located at 774 Marsh Street, San Luis Obispo, California, Assessors Parcel Number 002-426- 008, to the covenants, reservations, and restrictions as set forth in this agreement. The City and Owner hereby declare their specific intent that the covenants, reservations, and restrictions as set forth herein shall be deemed covenants running with the land and shall pass to and be binding upon the Owner’s successors and assigns in title or interest to the historic property. Every contract, deed, or other instrument hereinafter executed, covering or conveying the historic property or any portion thereof, shall conclusively be held to have been executed, delivered, and accepted subject to the covenants, reservations, and restrictions expressed in this agreement regardless of whether such covenants, restrictions, and reservations are set forth in such contract, deed, or other instrument. Section 9. Notice. Any notice required by the terms of this agreement shall be sent to the address of the respective parties as specified below or at other addresses that may be later specified by the parties hereto. To City: Community Development Director City of San Luis Obispo 919 Palm Street San Luis Obispo, CA 93401 To Owner: Matthew Quaglino 643 Grove Street San Luis Obispo, CA 93401 Section 10. General Provisions. a. None of the terms, provisions, or conditions of this agreement shall be deemed to create a partnership between the parties hereto and any of their heirs, successors, or assigns, nor shall such terms, provisions, or conditions cause them to be considered joint ventures or members of any joint enterprise. b. The Owner agrees to hold the City and its elected and appointed officials, officers, agents, and employees harmless from liability for damage or from claims for damage for personal injuries, including death, and claims for property damage which may arise from the direct or indirect use or activities of the Owner, or from those of their contractor, subcontractor, agent, employee, or other person acting C3 - 19 Historic Preservation Agreement 774 Marsh Street Page 5 on the Owner’s behalf which relates to the use, operation, maintenance, or improvement of the historic property. The Owner hereby agrees to and shall defend the City and its elected and appointed officials, officers, agents, and employees with respect to any and all claims or actions for damages caused by, or alleged to have been caused by, reason of the Owner’s activities in connection with the historic property, excepting however any such claims or actions which are the result of the sole negligence or willful misconduct of City, its officers, agents, or employees. c. This hold harmless provision applies to all damages and claims for damages suffered, or alleged to have been suffered, and costs of defense incurred, by reason of the operations referred to in this agreement regardless of whether or not the City prepared, supplied, or approved the plans, specifications, or other documents for the historic property. d. All of the agreements, rights, covenants, reservations, and restrictions contained in this agreement shall be binding upon and shall inure to the benefit of the parties herein, their heirs, successors, legal representatives, assigns, and all persons acquiring any part or portion of the historic property, whether by operation of law or in any manner whatsoever. e. In the event legal proceedings are brought by any party or parties to enforce or restrain a violation of any of the covenants, reservations, or restrictions contained herein, or to determine the rights and duties of any party hereunder, the prevailing party in such proceeding may recover all reasonable attorney’s fees to be fixed by the court, in addition to court costs and other relief ordered by the court. f. In the event that any of the provisions of this agreement are held to be unenforceable or invalid by any court of competent jurisdiction, or by subsequent preemptive legislation, the validity and enforceability of the remaining provisions, or portions thereof, shall not be affected thereby. g. This agreement shall be construed and governed in accordance with the laws of the State of California. Section 11. Amendments. This agreement may be amended, in whole or in part, only by a written recorded instrument executed by the parties hereto. Section 12. Recordation and Fees. No later than twenty (20) days after the parties enter into this agreement, the City shall cause this agreement to be recorded in the office of the County Recorder of the County of San Luis Obispo. Participation in the program shall be at no cost to the Owner; however the City may charge reasonable and necessary fees to recover direct costs of executing, recording, and administering the historical property contracts. IN WITNESS WHEREOF, the City and Owner have executed this agreement on the day and year written above. C3 - 20 Historic Preservation Agreement 774 Marsh Street Page 6 OWNER ____________________________________ ______________________________ Matthew Quaglino Date CITY OF SAN LUIS OBISPO ____________________________________ ______________________________ Mayor Jan Marx Date ATTEST: ______________________________ Anthony Mejia, City Clerk APPROVED AS TO FORM: ______________________________ Christine Dietrick, City Attorney ALL SIGNATURES MUST BE NOTARIZED C3 - 21 Historic Preservation Agreement 774 Marsh Street Page 7 EXHIBIT A MAINTENANCE AND IMPROVEMENT MEASURES FOR THE SNYDER BUILDING LOCATED AT 774 MARSH STREET, SAN LUIS OBISPO, CALIFORNIA 1. Owner shall preserve, maintain, and repair the historic building, including its character-defining architectural features in good condition, to the satisfaction of the Community Development Director or designee, pursuant to a Mills Act Preservation Contract with the City of San Luis Obispo for property located at 774 Marsh Street. Character-defining features shall include, but are not limited to: roof, eaves, dormers, trim, porches, walls and siding, architectural detailing, doors and windows, window screens and shutters, balustrades and railings, foundations, and surface treatments. 2. Owner agrees to make the following improvements and/or repairs during the term of this contract but in no case later than ten (10) years from the contract date. All changes or repairs shall be consistent with the City’s Historic Preservation Ordinance and the Secretary of the Interior’s Standards for the Treatment of Historic Properties:  Replace windows with period appropriate window styles  Repair and Paint the exterior of the building  Replace the roof system  Repair and paint all interior walls  Replace existing carpet in the common lobbies with a period appropriate flooring finish  Paint all interior walls and wood work  Repair or replace kitchen cabinets as necessary  Repair electrical and mechanical as required  Re-install the ground floor residential unit that had been converted to commercial  Replace modern lighting fixtures with period appropriate fixtures  Install tile at kitchens and bathrooms to replace missing or damaged tile  Repair or replace existing heating systems  Refinish hardwood flooring in residential units  Install period appropriate window coverings  Fabricate and install the original trim that surrounded the building Marsh Street entry  Fabricate and install the detail that was located on the lower side of the small balcony over the entry door  Remove the rear wood stairs and expose the original windows  Install an ADA compliant restroom on the ground floor to serve the commercial uses  Install code compliant handrails at the entry stairs  Rework existing fire sprinkler system to minimize the impact of the exposed piping  Install tile over entry door  Install flooring in commercial offices C3 - 22 Historic Preservation Agreement 774 Marsh Street Page 8 OWNER ____________________________________ ______________________________ Matthew Quaglino Date C3 - 23 Historic Preservation Agreement 774 Marsh Street Page 9 State of California } County of San Luis Obispo } On ________________, before me _________________________________________ , Date Name and Title of the Officer personally appeared, ____________________________________________________ , Name of Signer(s) who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature _____________________________ Signature of Notary Public Place Notary Seal Above State of California } County of San Luis Obispo } On________________, before me,__________________________________________, Date Name and Title of the Officer personally appeared, _____________________________________________________, Name of Signer(s) who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature _____________________________ Signature of Notary Public Place Notary Seal Above C3 - 24 RESOLUTION NO. _____ (2014 Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO APPROVING AN HISTORIC PROPERTY PRESERVATION AGREEMENT BETWEEN THE CITY OF SAN LUIS OBISPO AND OWNERS OF THE SNYDER BUILDING AT 774 MARSH STREET (CHCMA 88-14) WHEREAS, the City Council of the City of San Luis Obispo is authorized by California Government Code Section 50280 et seq. (known as "the Mills Act") to enter into contracts with the owners of qualified historical properties to provide for appropriate use, maintenance, and rehabilitation such that these historic properties retain their historic characteristics; and WHEREAS, the City Council has adopted Resolution No . 9136 (2000 Series), establishing the Mills Act Historic Property Tax Incentive Program as an on-going historic preservation program to promote the preservation, maintenance and rehabilitation of historic resources through financial incentives; and WHEREAS, the owners possess fee title in and to that certain qualified real property, together with associated structures and improvements thereon, located on Assessor's Parcel Number 002-426-008, located at 774 Marsh Street, San Luis Obispo, California 93401, also described as the Snyder Building, (hereinafter referred to as the "historic property") ; and WHEREAS, the City Council of the City of San Luis Obispo has designated this property as a historic resource of the City of San Luis Obispo pursuant to the policies in the City's Historic Preservation Ordinance ; and WHEREAS, the City and owners, for their mutual benefit, now desire to enter into this agreement to limit the use of the property to prevent inappropriate alterations and to ensure that character-defining features are preserved and maintained in an exemplary manner, and repairs and/or improvements are completed as necessary to carry out the purposes of California Government Code, Chapter 1, Part 5 of Division 1 of Title 5, Article 12, Sec . 50280 et seq., and to qualify for an assessment of valuation pursuant to Article 1 .9, Sec . 439 et. seq. of the Revenue and Taxation Code; and WHEREAS, the Cultural Heritage Committee of the City of San Luis Obispo conducted a public hearing in the Council Meeting Room of City Hall, 990 Palm Street, San Luis Obispo, California, on June 23, 2014, and recommended that the Council add the property located at 1152 Buchon Street to the Master List of Historic Resources; and WHEREAS, the City Council of the City of San Luis Obispo conducted a public hearing in the Council Chamber of City Hall, 990 Palm Street, San Luis Obispo, California, on September 16th, 2014, for the purpose of considering the owner’s request to enter into a Historic Preservation Agreement with the City for rehabilitation, restoration, and maintenance of the historic property; and ATTACHMENT 8 C3 - 25 Resolution No. _____ (2014 Series) Page 2 WHEREAS, the City Council has considered the Cultural Heritage Committee's recommendation, documentation for the property on file in the Community Development Department, public testimony, the staff report, and the City's Historical Preservation Ordinance. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1. Findings. Based upon all the evidence, the City Council makes the following findings: 1. Conservation and Open Space Element program 3.6.2 indicates the City will participate in financial assistance programs such as property tax reduction programs that encourage maintenance and restoration of historic properties. 2. The Snyder Building, located at 774 Marsh Street, has been recognized as a historic asset in the community by its designation as a Master List Historic Property. As such, maintaining the structure will meet the City’s goals for historic preservation listed in policies 3.3.1 through 3.3.5 of the Conservation and Open Space Element. SECTION 2. Historic Preservation Agreement Approved . The City Council hereby approves the "Historic Preservation Agreement Between the City of San Luis Obispo and the Owner of the Historic Property Located at 774 Marsh Street", and entered into between the City and owner, Matthew Quaglino. SECTION 3. Mayor Authorized to Sign Agreement for City. The City Council hereby authorizes the Mayor to execute said agreement on behalf of the Council of the City of San Luis Obispo. SECTION 4. Environmental Determination. The City Council has determined that the above actions do not constitute a project, as defined by Section 15378 of the California Environmental Quality Act and are exempt from environmental review. SECTION 3. Recordation of the Agreement. No later than twenty (20) days after the parties enter into said agreement, the City Clerk shall cause this agreement to be recorded in the Office of the County Recorder of the County of San Luis Obispo. Upon motion of ______________________ , seconded by ______________________ , and on the following roll call vote: AYES: NOES: ABSENT: The foregoing resolution was adopted this ____ day of ____________________ 2014. C3 - 26 Resolution No. _____ (2014 Series) Page 3 ____________________________________ Mayor Jan Marx ATTEST: ____________________________________ Anthony Mejia City Clerk APPROVED AS TO FORM: ____________________________________ J. Christine Dietrick City Attorney C3 - 27 Page intentionally left blank. C3 - 28