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What is the penalty for the Mills Act?

If the contract is cancelled before the end of the 10-year term, the property owner is assessed a penalty fee (12.5% of the current fair market value of the property). Participation in the Mills Act program is voluntary and is restricted to owners of designated historic properties.

What is the historic preservation ordinance in Los Angeles?

Los Angeles Countys Historic Preservation Program is comprised of the Countys Historic Preservation Ordinance that establishes criteria and procedures for the designation, preservation and maintenance of landmarks and historic districts; and the Countys Mills Act Historical Property Contract Program which provides

Is the Mills Act worth it?

The Mills Act program is especially beneficial for recent buyers of historic properties and for current owners of historic buildings who have made major improvements to their properties.

What is the historic preservation program in Los Angeles County?

The Countys Historic Preservation Program (Program) is comprised of its: Historic Preservation Ordinance (HPO) which was adopted September 1, 2015, and established criteria and procedures for the nomination, designation and review of work on landmarks and property located within historic districts.

How many landmarks are in Los Angeles?

City Landmarks (Historic-Cultural Monuments) The City of Los Angeles has designated over 1,200 historic places as Historic-Cultural Monuments (HCMs). The map below indicates these locally designated landmarks within the Citys 35 Community Plan Areas.

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What is the Mills Act in Los Angeles?

Enabled by state legislation in 1972, the Mills Act offers a unique tool for historic preservation through a revolving 10-year contract between the City and the property owner. Contracts are automatically renewed each year and are transferred to new owners when the property is sold.

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