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Committee forwards Mills Act nonrenewal for 2209 Webster St. to full Board
Summary
The Government Audit and Oversight Committee forwarded a resolution to notify the Assessor-Recorder and authorize Planning to record nonrenewal of a Mills Act historical property contract for 2209 Webster St.; Board President Aaron Peskin outlined a policy to limit rolling Mills Act contracts to 10 years.
The committee considered a resolution (Item 1) to notify the Assessor-Recorder and authorize the Planning Director to record the nonrenewal of a Mills Act contract for 2209 Webster Street (owners Michael Foley and Chow Me Lin, trustees of the Foley Lin Family Trust, contract dated June 2023). Board President Aaron Peskin described a policy he has pursued to limit Mills Act contracts to a 10-year rolling term so property owners may recoup restoration investments over a defined period rather than indefinite multi-decade tax breaks.
Supervisor Dean Preston added his support and asked to be a cosponsor; there was no public comment on the matter. Chair Preston moved to forward the resolution to the full Board with a positive recommendation and the committee recorded aye votes from Member Chan and Chair Preston. The motion passed and the item will be transmitted to the Board for further action.
What happens next: the committee—s report will be included in the Board packet and the Board will consider the resolution on the upcoming agenda.
