CC RES 2008-008 RESOLUTION NO. 2008-08
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES,
AUTHORIZING THE PURCHASE OF TAX-DEFAULTED PROPERTY IN WINDPORT
CANYON AND AMENDING RESOLUTION 2007-70, THE BUDGET APPROPRIATION
FOR FISCAL YEAR 2007-2008, FOR A BUDGET ADJUSTMENT OF $115,000 TO THE
CITY'S GENERAL FUND.
WHEREAS, Section 3.32 of the Rancho Palos Verdes Municipal Code provides that all
expenditures in excess of budgeted allocations must be by supplemental appropriation of the City Council;
and,
WHEREAS, on June 19, 2007 the City Council of the City of Rancho Palos Verdes adopted
Resolution No. 2007-70, approving a spending plan and authorizing a budget appropriation for the 2007-
2008 fiscal year; and,
WHEREAS, on November 20, 2007, the City Council authorized the Mayor and City Clerk to enter
into an Agreement to Purchase Tax-Defaulted Property with the Los Angeles County Tax Collector for the
purchase of a 5.45-acre vacant parcel located in the southern half of Windport Canyon; and,
WHEREAS, on January 7, 2008, the City received notice from the Los Angeles County Tax
Collector that the subject parcel is ready for transfer to the City, subject to the payment of$109,240.00 to
the County; and,
WHEREAS, the City will have additional expenses associated with the purchase of the property
including the payment of miscellaneous processing fees to the County and preparing a Phase 1
Environmental Review of the subject property; and,
WHEREAS, the City Council finds that acquisition of the property would permanently preserve this
parcel as open space, as it was originally intended when the adjacent subdivision was created. Further,
ownership of the property will assist the City in implementing its Conceptual Trails Plan and Natural
Communities Conservation Plan and could assist the City in the repair/improvement of its storm drain
system.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES:
Section 1: The following increase is made to the fiscal year 2007-2008 General Fund budget:
General Fund:
Tax Defaulted Property Purchase #101-1002-411- 1-00 $1 1,500.00
Professional/Technical Services #101-1002-4 1-32-64 '.4,500.00
PASSED, APPROVED, and ADOPTED this 29th day of Janu 00:
Mayor
ATTEST:
(.7
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City Clerk
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, Carla Morreale, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above
Resolution No. 2008-08, was duly and regularly passed and ado ted by a said City Council at
regular meeting thereof held on January 29, 2008.
City Clerk