reflected in item two is out of town and was unable to attend today and now i would like to welcome michelle tailor preservation planner with the planning department to present on these items. miss taylor. >> thank you. >> i will present a general overview and frida present on eh contract. there is local governments to enter to contracts with private owners with qualified historic properties and this to agreement provides property of tax reductions to owners of those historic prompts who can then allocate the savings toward a maintenance and restoration plan. it is the only local program that creates a financial incentive for proper maintenance of the city's architectural landmarks and from delaying large-scale projects when put off can cause damage to the buildings. put every local landmark building, as well as those listed on the state or national register of historical places is eligible to apply for the mills act program. the department currently holds 37 active mills act contracts with the largest number in the debose historic district. buildings under contract include single-family homes, mul