CDC - Item 7A - Public Hearing on Surplus Personal Property at 8832 Glendon Way and Dispose of Through a Public Hearing° 13
TO: THE HONORABLE CHAIRMAN AND COMMISSION MEMBERS
FROM: JEFF ALLRED, EXECUTIVE DIRECTOR
DATE: JULY 26, 2011
SUBJECT: PUBLIC HEARING ON THE DECLARATION OF SURPLUS PERSONAL
PROPERTY AT 8832 GLENDON WAY AND THE AUTHORIZATION TO
DISPOSE OF SAID PERSONAL PROPERTY THROUGH A PUBLIC
AUCTION COMPANY
SUMMARY
On February 22, 2011, the Rosemead Community Development Commission approved
a Purchase and Sale Agreement with the Qiao Garden Hotel Investment, Inc. for the
Glendon Hotel located at 8832 Glendon Way. Prior to the close of escrow, the
Commission is required to remove all personal property (i.e. furnishings) from this site.
This is a 53 -room fully furnished motel. Neither the Commission nor the City of
Rosemead has a need for the any of the furnishing or has room to store all the items.
Instead, it would be recommended to declare all items on this site surplus, and
authorize the Executive Director to dispose of said property through a Public Auction
Company. Pursuant to the Health and Safety Code §33430, such action is consistent
with the authority granted to the Commission by the State of California.
Staff Recommendation
It is recommended that the Community Development Commission take the following
actions:
1. Conduct a public hearing and take public testimony ;
2. Adopt Resolution No. 2011 -21 declaring all personal property located at 8832
Glendon Way as surplus; and
3. Authorize the Executive Director to dispose of said personal property through
Public Auction Company.
FISCAL ANALYSIS
The sale of the items will generate onetime revenues for the Commission.
PUBLIC NOTICE PROCESS
Notice of the public hearing was published in the San Gabriel Valley Tribune on July 12,
2011 and July 19, 2011, as well as through the regular agenda notification process.
APPROVED FOR CITY COUNCIL AGENDA: ITEM NO. _
Community Development Commission
July 26, 2011
Page 2 of 2
LEGAL REVIEW
The attached Resolution No. 2011 -21 has been reviewed and approved by the
Commission's Attorney.
Attachment A— Resolution No. 2011 -21
RESOLUTION NO. 2011 -21
A RESOLUTION OF THE ROSEMEAD COMMUNITY DEVELOPMENT
COMMISSION DECLARING CERTAIN PROPERTY LOCATED AT 8832
GLENDON WAY, ROSEMEAD SURPLUS AND AUTHORIZING THE
DISPOSAL OF SAID PROPERTY BY THE EXECUTIVE DIRECTOR
FOR THE BENEFIT OF THE ROSEMEAD COMMUNITY
DEVELOPMENT COMMISSION
WHEREAS, the Rosemead Community Development Commission (the
"Commission ") is a duly constituted redevelopment agency under the laws of the State
of California; specifically, the California Community Redevelopment Law (CCRL; Health
and Safety Code, Section 33000, et seq.), and the Commission is responsible for the
administration and implementation of redevelopment activities within the City of
Rosemead (the "City "); and
WHEREAS, the Commission possess a 53 -room fully furnished motel located at
8832 Glendon Way, Rosemead where the furnishing are no longer needed for the
operation of the motel by the Commission; and
WHEREAS, the Commission desires to declare all furnishing in the motel
property surplus, and to arrange for the sale of said items; and
WHEREAS, pursuant to Health and Safety Code §33430, such action is
consistent with the property- owning authority granted to redevelopment agencies by the
State of California: and
WHEREAS, the Commission desires to conduct the sale of said surplus items in
a manner most likely to produce the best financial return for the Commission; and
WHEREAS, pursuant to Health and Safety Code §33431 this matter has been
noticed as a public hearing.
NOW, THEREFORE, BE IT RESOLVED by the Rosemead Community Development
Commission as follows:
Section 1 . The Commission hereby declares all furnishing located within 8832
Glendon Way surplus and the Executive Director is hereby authorized to sell said items
at public auction, the proceeds of which shall be for the use and benefit of the
Rosemead Community Development Commission.
Section 2 . The Secretary shall certify to the passage and adoption of this
Resolution, whereupon it shall take immediate effect and be in force.
PASSED, ADOPTED AND APPROVED this 26 day of July 2011.
Steven Ly, Chairman
Attest:
Gloria Molleda, Secretary
Approved as to Form:
Rachel Richman
Burke, Williams & Sorensen, LLP
Legal Counsel