fergusson. i have a resolution for non renewal of the mills act contract for 690 market street. the mills act contract for 690 market street was approved by the planning commission on marc. the board of supervisors approved it on november 18th, 2008 and it was recorded on the anniversary date of the contract in 2009. the nine-storey office tower originally constructed in 1889 to 90 and the a joining 16-storey tower constructed in 1905 or subject the to the mills act contract. the eight-storey completed in 2007 is not subject to the mills act contract. >> even though the property owner wanted it would be but we said no. >> the rehabilitation workout lined in the mills act contract has been completed and the maintenance workout lined in the contract is on going. as supervisor mentioned, the mills act legislation offers local government to qualified historic properties. disagreement provides tax reductions to those properties who can allocate those savings towards maintenance plans to preserve the