Property taxes for the renovated Heisler Building will be reduced thanks to the City Council's approval Tuesday of an owner's application for a Mills Act Historic Preservation agreement.
Laguna Beach participates in the Mills Act agreements with the state to encourage the preservation of historic structures by the reduction of property taxes and the granting of other benefits. The property owner is expected to use the money saved on taxes over the 10-year life of the agreement to maintain and/or rehabilitate the historic structure.
"My concern has more to do with the process than this particular application and more to do with the appropriateness of a Mills Act Agreement for a new building," said Councilwoman Verna Rollinger, who cast the lone vote against the agreement. "When a building is replicated, it is essentially a new building and it should last for a long time without special maintenance techniques."