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HomeMy WebLinkAboutA8624 - HISTORIC PROPERTY PRESERVATION AGREEMENT WITH GREGORY MANGUM AND DENNIS TORRES FOR 197 W MERITO PLACE I 2020-0645857 12/18/2020 11:34 AM Fee: $ 0.00 FREE RECORDING REQUESTED BY Page 1 of 13 Recorded In Official Records AND WHEN RECORDED RETURN TO: County of Riverside Peter Aldana Assessor-.Cy'younty(�,1CC l e�r�k¢ rdeer City of Palm Springs -Reco IIII ��Nl �[' f�Iy; �ll 'I III 3200 East Tahquitz Canyon Way Palm Springs, CA 92263-2743 Attn: City Clerk 925 HISTORIC PROPERTY PRESERVATION AGREEMENT This Historic Property Preservation Agreement ("Agreement') is made this 12th day of November. 2020 by and between the City of Palm Springs, a charter city and municipal corporation ("City") and Gregory Mangum("Owner")_and_Dennis Torres (°Owner") and the Merito Manor`Community.Association ("HOA") JECITALS: A. California Government Code Sections 50280, et seq. (the "State Law"), as may be amended from time to time, authorizes cities to enter into contracts with the owners of qualified historical property to provide for the use, maintenance, protection, and restoration of such historical property so as to retain its characteristics as a property of historical significance. B. The Owners possess fee title in and to that certain teal property, together with associated structures and improvements thereon, generally located at the street address 197 West Merito Place, Palm Springs, California ("Historic Property"). A legal description of the Historic Property is attached hereto as Exhibit A and is incorporated herein by this reference. C. HOA and Owner share responsibility for routine maintenance and upkeep of the Historic Property's building exteriors and grounds. D. On February 13, 2020 (the "Approval Date"), the City Council of the City of Palm • Springs ("Council") approved Resolution 24722 designating the Property a Contributing Structure within the Merito Manor Historic District (HSPB #121 / HD-8), pursuant to the terms and provisions of Chapter 8.05 of the Palm Springs Municipal Code(the"City Code"). E. The City and the Owners and the HOA desire to enter into this Agreement for the purpose of protecting and preserving the characteristics of historical significance of the Historic Property, in accordance with the State Law; to help preserve the Palm Springs community's own unique civic identity and character; and to qualify the Historic Property for an assessment of valuation pursuant to Revenue and Taxation.Code Section 439.2 and any corresponding adjustment in property 1 DOC#2020-0645857 Page 8 of 13 IN WITNESS WHEREOF, the City and the Owner have executed this Agreement on the day and year first written above. CITY OF PALM SPRINGS, A Charter City and Municipal Corporation Dated: r 000(z- By e `City Manager: Da ' ady APPROVED AS TO FORM: ATTEST: City ttor ey Jeff allinger i lerk:AntRI! i- - ubi i' Dated: 06120 20 By (O . Gr ory Mangum Dated: �5 0`( /20Zo • (Owner): Dennis Torres Dated: 05 .-a .o B . (H A Presid nt): John M. Schmidt APPROVED BY are COUNCIL Ii-1'-20 8