City Council
MEETING DATE: 6/8/2016
TITLE:
Title
Tax Default Property Purchase Price Agreement.
End
FROM:
John A. Corella, P.E. - City Engineer
RECOMMENDATION:
Recommendation
Staff recommends the City Council authorize the Mayor to execute an agreement to approve the Coachella Valley Water District's purchase price for a tax default property (APN 675-040-003) from the County of Riverside - Tax Collector's office per Section 3775 of the Revenue and Taxation Code.
Body
BACKGROUND:
The City recently received a request from the Coachella Valley Water District (CVWD) for the City to approve CVWD's purchase price of $69,457.28 for a tax default property from the County of Riverside Treasurer - Tax Collector. This property lies within the City limits, APN 675-040-003, and under the requirements of the Revenue and Taxation Code Section 3775, the City must agree to the price proposed for the purchase. As added background information Section 3775 states:
"3775. Price on purchase by county or State. Whenever the county or the State is the purchaser the price shall be agreed upon between the county board of supervisors and the State Controller and the governing body of any city in which such property may be located and such price shall be paid to the county tax collector for distribution."
DISCUSSION:
APN 675-040-003 (Parcel) is 3.32 acres in size and located in Township 4 South, Range 5 East, Section 8, San Bernardino Meridian in the City of Cathedral City. The parcel is within the Whitewater River Channel, immediately west of the Desert Princess development.
CVWD is purchasing the property for Stormwater Channel and flood control purposes. City staff has determined that the property is already designated for the conveyance of storm and flood waters and conforms with CVWD purposes.
FISCAL IMPACT:
No fiscal impact as this purchase is between CVWD and the County of Riverside Treasurer - Tax Collector.
ATTACHMENTS:
1. APN 675-040-003 Location Maps.
2. Agreement to Purchase Tax-Defaulted Property Document.