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r- 10618City Council Meeting: 10/11/2011 Santa Monica, California RESOLUTION NUMBER/O& /8(CCS) (City Council Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA AUTHORIZING THE CITY MANAGER TO EXECUTE A HISTORICAL PROPERTY CONTRACT IN ACCORDANCE WITH GOVERNMENT CODE SECTION 50280 WITH THE OWNER OF THE PROPERTY LOCATED AT 1501 -1515 4T" STREET, SANTA MONICA WHEREAS, Government Code Sections 50280 et sue. authorizes a city to enter into a historical property contract with the owner of any qualified historical property to restrict the use of such property so that it retains its historically significant characteristics in return for which the property owner obtains property tax relief; and WHEREAS, Santa Monica Municipal Code Section 9.36.270(g) provides that designated structures of merit, landmarks, and contributing structures located in historic districts that are privately owned shall be considered qualified historical properties eligible to enter into historical property contracts with the City upon resolution by the City Council; and WHEREAS, the property located at 1501 -1515 4th Street is a designated City Landmark and the owner of the property has filed an application to enter into a historical property contract with the City; and WHEREAS, the Landmarks Commission reviewed the owner, s application at its September 12, 2011 meeting and directed City Staff to forward a recommendation to the City Council in support of the application; and WHEREAS, the City Council has determined that it is appropriate for the City to enter into a historical property contract with the owner of the property located 1501- 15154 th Street. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. Pursuant to Santa Monica Municipal Code Section 9.36.270(8), the City Council authorizes the City Manager to enter into a historical property contract with the owner of the property located at 1501 -1515 4" Street, Santa Monica, California in accordance with Government Code Sections 50280 et seq. SECTION 2. The City Clerk shall certify to the adoption of this Resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: Adopted and approved this 11th day of October, 2011. Richard Bloom, Mayor I, Denise Anderson - Warren, Acting City Clerk of the City of Santa Monica, do hereby certify that the foregoing Resolution No. 10618 (CCS) was duly adopted at a meeting of the Santa Monica City Council held on the 11th day of October, 2011, by the following vote: Ayes: Councilmembers: Holbrook, McKeown, O'Connor, O'Day, Shriver Mayor Pro Tern Davis, Mayor Bloom Noes: Councilmembers: None Absent: Councilmembers: None ATTEST: Denise Anderson- Warren, Acting City Clerk