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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 $4,300 from Council Contingency Fund Account No. 2250-7401 to Account No. 4100-8620. ATTACHMENTS Chapter 8 Agreement No. 2502 Chapter 8 Agreement No. 2507 Assessor and Aerial Maps y n 1N� o °Nam �o a 38°0 Dov 'fibn� OOry . A 0gati a N m m M to l lw4S o0— O I 97 Ift I SJ�yy ° £-' I" `0. t4 a� ja "b a Ti®'Y']JO�II>fll r I rr7 Y I+� 11` Ilq S TfT--J O� d I ol° I w I IV ---- I I r.$ I AF I �y� mwe N Q� � I � O V NOry O I 97 Ift I SJ�yy ° £-' I� lOraz� Arl� t4 a� ja "b a —9I I I rr7 Y I+� 11` Ilq Nil wl iwl� �CST yoi� IwT. 'i.0'O N y L—f—. ri d I; Qg r— 3i -W 1j � --2EH—I O d —J I? 3 tn Ir z d H yoi� 3i -W 1j � --2EH—I O d —J I? 3 tn Ir z d H ArclMS Viewer Page 1 of 1 http:// s-arei s/v,,ebsite/clarita121O/ apPranie.htm 8/29/2005