City Council
MEETING DATE: 4/8/2015
TITLE:
Title
Resolution - Authorizing the Purchase of Assessor Parcel 670-213-009-4 for Stormwater Control
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FROM:
John A. Corella, City Engineer
RECOMMENDATION:
Recommendation
Staff recommends the City Council adopt a resolution authorizing the City Manager to formally object to Riverside County Tax-Default Property sale of Assessor Parcel 670-213-009-4 and execute an application and agreements necessary to Purchase the Property from Riverside County for the approximate amount of $29,715.90 plus noticing, application and administrative costs.
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BACKGROUND:
Pursuant to State Revenue and Taxation Code, properties that are determined to be in default for unpaid property taxes for five years or more are periodically put up for sale at public auction by the Riverside County (County) Treasurer and Tax Collector. However, if it is determined that a parcel is needed for public purposes, Cathedral City (City) may formally object to the sale of the parcel and request to have the parcel removed from the auction and acquire title to the property. The cost of acquisition is the minimum bid for the property as approved by the County Board of Supervisors, plus noticing, application and transfer costs. However, parcels may be subject to removal from the auction if the owner pays the defaulted taxes or enters into a legal process, such as bankruptcy.
DISCUSSION:
Staff has received notice from the County that there are parcels in the City that will be offered at public auction by the County on April 30, 2105 through May 5, 2015 as part of Tax-Defaulted Property Sale No. TC-203. Staff determined that one of these properties can be utilized for public purposes. This one parcel is located at the northwest corner of Ramon Road and El Toro Road. Assessor's Parcel No. 670-213-009-4 is a 9,726 sq. ft. lot adjacent Ramon Road and is within one of the many City areas where land is needed to construc...
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