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RRA - Item 5A - Acquisition of Tax defaulted land - 9201 Lower Azusa RoadTO: HONORABLE MAYOR AND MEMBERS OF ROSEMEAD CITY COUNCIL FROM: FRANK G. TRIPEPI, CITY MANAGER DATE: FEBRUARY 8, 2000 SUBJECT: ACQUISITION OF TAX DEFAULTED LAND - 9201 LOWER AZUSA RD. Attached for the Council's consideration is a Chapter 8 agreement for the possible acquisition of property that will be sold by the County of Los Angeles at a public tax auction. The County provides city, state and county agencies the opportunity to acquire certain properties that are listed on the Power to Sell list, before they go to public auction. "Staff has reviewed the list that was mailed out by the County on December 30, 1999.' The cover letter attached to the list indicates that if the agency (city, county or state) can justify the use of the property for a public use, the Los Angeles County Board of Supervisors will sell the property to that agency for the minimum bid price. The minimum bid price for this parcel (located at the northeast comer of Lower Azusa Road and Encinita) is $39, 619.00. The current property owner will receive a notice of the intent of the City to purchase the land and any improvements. The City is currently in need of additional enclosed storage area for city vehicles and equipment. The subject site is zoned M-1; Light Manufacturing and is well suited to a storage yard. The current use is a construction storage yard that is improved with a 3,589 square foot warehouse that was constructed in 1981. In addition the .56 acre site could provide additional outside storage of city equipment. The owner has twenty-one days from publication of notice of the intended agreement between the City and County to pay all back taxes, late fees, interest, etc. to redeem his property. If the owner does redeem the property, then the agreement for the City to acquire the property is null and void. RECOMMENDATION It is recommended that the Rosemead City Council approve the agreement and authorize the Mayor to sign the agreement with the County of Los Angeles. COUNCIL AGENDA FEB 0 8 2000 ITEM No. COUNTY OF LOS ANGELES TREASURER AND TAX COLLECTOR com -I KENNETH HAHN HALL OF ADMINISTRATION °o. 225 NORTH HILL STREET, ROOM 130 P. O. BOX 512102 LOS ANGELES, CALIFORNIA 90051-0102 MARK J. SALADINO TREASURER AND TAX COLLECTOR December 30, 1999 (213) 974-2474 TO: Interested Parties J FROM: Barbara Sanche1 F I JAN ~ " C E SUBJECT: 2000A PUBLIC TAX AUCTION 0 3 2000 R Enclosed is a list of properties that are deemed Subject to Power to Sel htfo.~ for sale at public auction by the Los Angeles County Tax Collector on March 13, 2000. Some of these properties may be located within your area. We suggest that an investigation of those properties be made to determine if any may be needed for public purposes, i.e., streets, parks, conservation sites, etc. under the provisions ofDlwslon 1, Part 5,"Chapter 8 of the Revenue and Taxation Code a ~a_cgziirrsaltle to such property'~The cost of acquisition is the minimum bid approved by the Los Angeles County Board of Supervisors. The minimum 61d,fo each~parcel,is_mdlcat@d~ ..on the auction-list next to the legal description. Once the properties have been identified for public use, a request to our office for acquisition of properties through a Chapter 8 Agreement, a written statement setting forth the purpose of acquisition and the completed agreement forms must be in our office no later than February 28, 2000. Please have the governing body of your agency endorse and return the agreement form for further processing. The original signature, respective title and official seal must appear on the agreement form. In addition, a copy of your resolution regarding the acquisition of the property may also be provided. Moreover, in order to sell parcels that are located in various cities, if the purchaser is the State of California or a county and the property lies within the boundaries of a city, the city must approve the purchase price. The necessary signatures must be obtained from the governing body of that city. Under this circumstance, additional copies of the forms for each city must be made for signatures signifying individual cities' approval of the purchase price. Please note that the properties identified by your agency may. be subject to removal from auction; due: to the redemption of the defaulted. taxes` or, a legal process,-.---._ --`e.,, bankruptcy As such, the parcels will not be available and you will be informed if an amendment must be made to the agreement. If you have any questions, please contact Nancy Watts of the Tax Defaulted Land at (213) 974-2474. BS:SP:ccf m w\d X2000-A- i n t e r p a rt i e s