Common Contracts

2 similar Mills Act Agreement contracts

SUBJECT: MILLS ACT AGREEMENTS FOR PRESERVATION OF HISTORIC PROPERTY
Mills Act Agreement • March 9th, 2020

California state law authorizes cities to enter into contracts (“Mills Act Agreements”) with the owners of qualified historical properties to provide a property tax reduction for the use, maintenance and restoration of historically designated properties. “Qualified Properties” are defined in Government Code Section 50280.1 as: “privately owned property which is not exempt from property taxation and which meets either of the following:

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Mills Act Agreement • January 26th, 2009

California state law authorizes cities to enter into contracts (“Mills Act Agreements”) with the owners of qualified historical properties to provide a property tax reduction for the use, maintenance and restoration of historically designated properties. “Qualified Properties” are defined in Government Code Section 50280.1 as: “privately owned property which is not exempt from property taxation and which meets either of the following:

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