HomeMy WebLinkAbout2005-10-11 - AGENDA REPORTS - TAX DEFAULT PROPERTY PURCHASE (2)CONSENT CALENDAR
DATE:
6Yi3 3104Wyl
Agenda Item: _ 3
CITY OF SANTA CLARITA
AGENDA REPORT
City Manager Approval:
Item to be presented by:
October 11, 2005
Robert Newman
CHAPTER 8 AGREEMENT NOS. 2502 AND 2507 TO
PURCHASE LOS ANGELES COUNTY TAX -DEFAULTED
PROPERTIES, APN 2842-003-028 AND 2842-003-006, VACANT
PROPERTY EAST OF SIERRA HIGHWAY
Public Works
RECOMMENDED ACTION
City Council approve Chapter 8 Agreement Nos. 2502 and 2507 to purchase Los Angeles County
Tax -Defaulted Property, APN 2842-003-029 and 2842-003-006; transfer funds in the amount of
$4,300.00 from Account No. 2250-7401 to Account No. 4100-8620 for the purchase of the
properties (2842-003-006/ $1,309.00 and 2842-003-029/$2,139.00), including $852.00 for
publication and additional fees necessary to facilitate the transfer; and authorize the City
Manager or designee to execute all documents, subject to City Attorney approval.
BACKGROUND,
Pursuant to the provisions of Chapter 8 of the Los Angeles County Revenue and Taxation Code,
governing agencies may enjoy priority to purchase tax -defaulted properties for public use
purposes prior to, or while, the properties are publicly auctioned by the County.
The City is currently in negotiations with Los Angeles County to purchase five parcels in the
immediate area, totaling 4.38 acres. The subject properties are both .10 -acre each. APN
2842-003-029 is contiguous to the parcels currently under negotiation. APN 2842-003-006 is
nearby. The assemblage of the parcels will create linkage and more opportunity for the protection
of open space from encroaching development.
In order to acquire this parcel via the Chapter 8 process, the City must sign the Agreements to
Purchase Los Angeles County Tax -Defaulted Property (attached), pay the purchase price listed
for each parcel in the Agreements (APN 2842-003-029/$2,139.00 and 2842-003-006/$1,309.00),
and pay title and transfer fees of approximately $852.00, totaling $4,300.00 to acquire the
parcels.
ALTERNATIVE ACTIONS
Other action as determined by the City Council.
FISCAL IMPACT
The City Council Contingency Fund balance is $849,977. Transfer funds in the amount of $4,300
from Council Contingency Fund Account No. 2250-7401 to Account No. 4100-8620.
ATTACHMENTS
Chapter 8 Agreement No. 2502
Chapter 8 Agreement No. 2507
Assessor and Aerial Maps
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