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HomeMy WebLinkAbout00480C - COUNTY OF RIVERSIDE TO PURCHASE 2 PARCELS 400 AVE CERCA & 233 W TRAMVIEW DOCUMENT TRACKING Page: 7 Report: All Active Documents Summary March 10, 2008 Condition: Groups=COMMUNITY&ECONOMIC,ALL Services,ALL XREFs Document# Description Approval Date Expiration Date Closed Date 'A0480C.., To Purchase 2 Parcels At 400 Av Cerra & 233 W Tramview $83,437... 06/02/2004 Cbmpany Name: Riverside County Address: Group: COMMUNITY& ECONOMIC Service:=MIA l J� 1 xRef: COMMUNITY & ECONOMIC DEVELOPMENT Ins. Status: No Certificate on file. — A0481C Vip Motors Purchase&Sale Epc �i 07/07/2004 Company Name: H & H Investments, LLC Address: Group: COMMUNITY& ECONOMIC I Service: In File � f ; I I xRef: COMMUNITY& ECONOMIC DEVELOPMENT i Ins. Status: No Certificate on file. t A0482C County Of Riverside Purchase Of Tax Default Property desert. 0/07/2004 04/07/2025 i Company Name: County of Riverside Address: Group: COMMUNITY& ECONOMICY 1 y 9 F Service: MIA r t. xRef: COMMUNITY& ECONOMIC DEVELOPMENT p f Ins. Status: No Certificate on file. M i DATE: .TUNE 2, 2004 TO: COMMUNITY REDEVELOPMENT AGENCY FROM: DIRECTOR OF COMMUNITY&ECONOMIC DEVELOPMENT APPROVAL OF A CHAPTER 8 OFFER TO PURCHASE WITH THE COUNTY OF RIVERSIDE FOR THE ACQUISITION OF TWO SINGLE-FAMILY PARCELS IN THE DESERT HIGHLAND GATEWAY AREA FOR THE PURPOSE OF FACILITATING THE DESERT HIGHLAND INFILL PROGRAM AND AUTHORIZATION TO ENTER AN AGREEMENT OF SALE RECOMMENDATION: That the Agency approve an offer to purchase from the County of Riverside the vacant property located at 400 Avenida Cerra and 233 W. Tramview Road (APN 669-393-023 and 669-401-010-5)at the sales prices of$83,437.15 and $66,165.13, respectively, and authorize the Executive Director to execute documents necessary to close the transaction. SUMMARY: The Community Redevelopment Agency established a Desert Highland Infill program in 2002 with the issuance of an RFP to builders interested in constructing single-family homes in the neighborhood on Agency-owned parcels, These properties will be targeted at moderate-income families recently priced out of the single-family market in Palm Springs. On April 7 the Agency started the formal Chapter 8 process of direct negotiated sale with the County of Riverside for two lots- one at 400 Avenida Cerra that went to tax sale this year and one at 233 W. Tramview that was offered at tax sale last year but went unsold. Notification went to the County immediately after the Agency approved the action,and the County has provided staff with guidance on the process for completing the sale, including the additional resolution provided here as well as additional notification processes. As described on April 7,the purchase of the lots from the County is at a much-higher price than the market price, but the difference is due to nuisance liens placed on the properties by the City of Palm Springs because of abatement and demolition activity. The City could, upon close of sale,choose to waive the charges to the Agency or dedicate the reimbursed funds to other abatement activities in the neighborhood. The proposed purchase by the Agency of vacant lots located at 233 W. Tramview Read (APN 669-401-010) and 400 Avenida Cerra (669-393-023) would be completed as part of Riverside County's Sale of Tax-Defaulted Property. Since there were no other bidders for the property at its current minimum bid price, the Agency postponed submitting a bid for the Tramview property in 2003. The County did not lower its price last year after the unsuccessful auction, and has not lowered its price after the March Public Auction. The proposed purchases and trade would increase the number of vacant lots owned by the Agency in the Desert Highland Gateway neighborhood of Palm Springs from five to eight,with anticipated future actions adding at least four to five more: Sy separate action, the Agency is also being asked to approve a fair market transaction withh Coachella Valley Housing Coalition that will add an additional five lots to the inventory. Staff is still working with Century Homes and other potential builders on the DDA for the actual infill housing program,which will come'iback to the Agency relatively soon. The funds for the purchase from the County are available in the Agency's Low&Moderate Income Housing Fund -Desert Highland Infill Program. John S. Raymond Director of Community& Economic Development APPROVES—I � ' cam/iI Executive Directo ` ATTACHMENTS: 1. Resolution Approving Chapter 8 Agreement of Sale RESOLUTION NO. OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITYOF PALM SPRINGS FORMALLY REQUESTING A CHAPTER 8 AGREEMENT OF SALE WITH THE COUNTY OF RIVERSIDE FOR VACANT PROPERTY LOCATED AT 233 W. TRAMVIEW ROAD AND 400 AVENIDA CERCA FOR INCLUSION IN THE DESERT HIGHLAND GATEWAY INFILL HOUSING PROGRAM AND AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE DOCUMENTS RELATED TO SAME WHEREAS,the Community Redevelopment Agency of the City of Palm Springs ("Agency")was informed that the vacant property located at 233 W. Tram-view Road and 400 Avenida Cerc-% further identified as Assessor's Parcel Number 659-001-010 and 669-393-023(the"Properties"), were included in a Sale of Tax-Defaulted Property Public Auction by the County of Riverside on March 17, 2003 and March 15, 2004; and WHEREAS, the Agency wishes to purchase the vacant property at 233 W. Tramview Road and 400 Avenida Cerca in Palm Springs for inclusion in an infill housing program being developed for the Highland-Gateway constituent area of Merged Redevelopment Project Area No. 1 as a way of writing down the land cost for qualified families;and WHEREAS, Section 3693.5 (a), Section 3698.5 (c), Section 3793.6 and Section 3799 of the Revenue and Taxation Cede,State of California set forth the procedures under which the County may sell tax-defaulted property; and WHEREAS, Riverside County has established the Chapter 8 direct sale price for the Property at 233 W. Tramview as$66,165.13 including all nuisance abatement liens plus$175.00 In County administrative costs,the price determined in keeping with Section 3698.5(a)(or section c or both) of the Revenue and Taxation Code; and WHEREAS, Riverside County has established the Chapter 8 direct sale price for the Property at 400 Avenida Cerca as$83,437.15 including all nuisance abatement liens plus$175.00 in County administrative costs,the price determined in keeping with Section 3698.5(a)(or section cor both) of the Revenue and Taxation Code; and WHEREAS, funds for the purchase of the Property are available in the Agency's Low/Moderate Income Housing Fund-Desert Highland Infill Program_ NOW, THEREFORE, 13E IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs, as follows: SECTION 1. The Community Redevelopment Agency of the City of Palm Springs objects to the public sale of parcels 669401010-5 and 669393023-3. SECTION 2. The Agency approves an offerto purchase from the County of Riverside the vacant property located at 233 W,Tramview Road(APN 669-401-010-5),more particularly described in Exhibit "A", at the sales price of $66,165-13 allowed under Section 3698,5 (a) (or section c or both) of the Revenue and Taxation Code, State of California. The public purpose for the purchase is to include the parcel in a program to provide housing for low-or moderate-income residents. Furthermore, the costs of giving notice in a form of a legal notice published in the Press Enterprise, in compliance with Section 3793.6 (a) of the California Revenue and Taxation Code and at a tentative cost of$175.00, shall be paid by the Agency. SECTION 3. The Agency approves an offerto purchasefrom the County of Riverside the vacant property located at 400 Avenida Cerca (APN 659-323-023-3), more particularly described in Exhibit"A at the sales price of$83,437.15 allowed under Section 3698.5 (a) (or section c or both) of the Revenue and Taxation Code, State of California. The public purpose for the purchase is to include the parcel in a program to provide housing for low-or moderate-income residents. Furthermore, the costs of giving notice in a form of a legal notice published in the Press Enterprise, in compliance with Section 3793.6 (a) of the California Revenue and Taxation Code and at a tentative cost of$175.00,shall be paid by the Agency. SECTION 4. Pursuant to Section 3793.6 (a) of the California Revenue and Taxation Code,the lot books are required by the Riverside County Tax Collector in order to have the names of Parties of Interest that must be notified of the pending sale pursuant to Section 3799 of the aforesaid code. The Agency approves the cost of providing the lot books for the County. SECTION 5. The purpose of the purchase is the inclusion of the properties in an infill housing program being developed for the construction of for-sale detached single family homes for lower and moderate income households in the Highland-Gateway constituent area of Merged Project Area No. 1. SECTION 6. The purchase Is to be funded from the Agency's Low/Moderate Income Housing Fund. SECTION 7, The Executive Director, or his designee, is hereby authorized to execute on behalf of the Agency the necessary documents to complete the approved purchase. ADOPTED this day of .2004. AYES: NOES: ABSENT: ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE'CITY OF PALM SPRINGS, CALIFORNIA By Assistant Secretary Executive Director REVIEWED &APPROVED Gi 2@05�ra3g4G�4 C(:MlviLll,v'Sal REDEVELOPMENT AGENCY OF D0005/02/2005 08:00q Pec:NC THE CITY OF PALM SPRINGS Page 1 of 2 P G SOX 2743 Recorded in Official Records PALM SPRINGS, CA 92263.2743 County of Riverside Larry N. Vard Assessor, County Clark & Recorder r II11111111III IIII IIII Illllll llll lll!!l 11111111 IT llll r M s U vn.aE SLR of. POOR NDCOR Smr Me_ " R L copy LONG RFFUNI) NCHO EXAM I TPA C11-044 Paul cDonnell.TP°GoIl4ctnr J ' Doc.Trans.Tax-computed on full value of property conveyed S 30.00 �• y;Qrf,-��� l4 81gnatm of Declarant TAX DEED TO PURCHASER OF TAX-DEFAULTED PROPERTY 17T On which the legally levied taxes were a lien for Fiscal Year 1997-1998 I and for nonpayment were duly declared to be in default 1998-369393023-0000 Defoun Number This deed, between the Tax Collector of RIVERSIDE County("SELLER")and i COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS ("PURCHASER")conveys to the PURCHASER free of all encumbrances of any kind existing before the sale, except those referred to in§3712 of the P,evcnue and Taxation Code, to the real properbj described herein which the SELLER sold to the PURCHASER by an Agreement effective MARCH 31,2005 pursuant to a statutory power of sale in accordance with the provisions of Division 1,Part 6, Chapter a Revenue and Taxation Code, for the sum of $83,437-15 objected to the sale. In accordance with law,the SELLER, hereby grants to the PURCHASER that real property situated in said county, State of California, last assessed to PERRY JAMES,described as follows: 569393023-3 Asde='s Panel Number SEE ATTACHMENT"A" State of California Executed on �L�RiC, FtF1/CFun RIVERSIDE Qount-M_CH 31, 2005 SI�f�005 ^Tax Collector � On , before me, Larry W,Ward,Assessor,Clerk-Recorder,Paul McDonnell personally known to o me to be the Treasurer and Tax Collector for Riverside County and the paron who subscribed to the within instrument In his capacity as the County Tax Collector,and that by his sipnoturp on the instrument executed the instrument on bchelf of the County OF Riverside WITNESS my hand and official seal. LARRY W.WARD �Lyi`Otit11P Assessor,clerk-Recorder 5 Deputy §§3108&8804 R&T Code TDL 8-10(11-0a) 669393023-3 Attachil mt"A" LOT 222 OF DESERT MGHLA.ND ESTATES,AS SHOWN BY MAP ON FILE IN BOOK 24,PAGE 53-54 OF MAPS,RECORDS OF RIVBRSTDE COUNTY. i i i r01v11W MY REDEVELOPMENT AGENCY OF DOC a MOOS-0344OSS THE CITY 01=PALM SPRINGS 05/02/2005 08:00A Fee;NC Page I of 2 P O 60X 3743 Recorded in orficiai Rccards PALM SPRINGS, CA 90044 county of Riverside Larry W. Ward Assessor, County Clerk & Recorder 1111111111111111111111111111 IIII llllll I IIII I II Ill Pn s u PAGE SUE- CA PCOR NOCCR SMF misc. r I � � A R L COPY LONG RCFUNG NCHG FF.WAM ` TRA 011-044 Paul eDonnell,T x Collector Dou.Trans.lax-computed br,,full value or p.uperty-conveyed $ S0,00 1 f -�- d Si�jnalure cl Ccdar:7nt TAX DEED TO PURCHASER OF TAX-DEFAULTED PROPERTY IT On which the legally levied (axes were a lien for Fiscal Year 4996-1997 and for nonpayment were duly declared to be in default 1997-569401010-0000 Default Number This deed, between the Tax Collector of RIVERSIDE County("SELLER")and COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS ("PURCHASED")eohveys to the PURCHASER free of all encumbrances of any kind existing before the sale, except those referred to in§3712 of the Revenue and 72xetlon Code,to the real property described herein which the SELLER sold to the PURCHASER by an Agreement effective MARCH 31, 2005 pursuant to a statutory power of sale in accordance with the provisions of Division 1, Part 6, Chapter 8 Revenue and Taxation Code, for the sum of $66,165.13 objected to the sale. In accordance with law, the SELLER, hereby grants to the PURCHASER that real property situated in said County, State of California, fast assessed to 669401010-5 WINN RICHA_R_D Q CIO_EMMA WINN, described as follows: Asscasor's pmmel Number SEE ATTACHMENT"A" State of California Executed on �`-� Q ('j��•�(' rFi� RIVERSIDE Ccunt#ARCH 31, 2005 d 44u&i ` P�dT ( Tao xo actor L1....�_ On a!f u , before me, Larry W-Ward,Assessor,Clerk-Recorder,Paul McConnell peraonally known x; S mo to Bo the Troacurcr add Tax Collector for Riverside County and the person who subscribed to the within E instrument in his capacity as the County Tax Collector,and that by his signature on the instrument executed the instrument on behalf of the County of Riverside, WITNESS my hand and official seal, LARRY W,WARP uP' Assessor,Clerk-Recorder B - Deputy §§3708&3804 R&T Code U TDL 8-10(11-03) L b 6694 01010-5 Attaclunent"A" LOT 295 OF DESERT HIGHLAND ESTATES, AS SHOWN BY MAP ON FILL TN BOOK 24, PAGE 53-54 OF MAPS,RECORDS OF RIVERSWE COUNTY.