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RPVCCA_CC_SR_2014_08_19_03_North_Windport_Properties_Release_of_Liens_Requestc OF RANCHO PALOS VERDES MEMORANDUM TO: FROM: DATE: SUBJECT: HONORABLE MAYOR & CITY COUNCIL MEMBERS CAROLYNN PETRU, AICP, ACTING CITY MANAGE~ AUGUST 19, 2014 REQUEST FOR RELEASE OF LIENS AGAINST NORTH WINDPORT CANYON PROPERTIES (ASSESSOR'S PARCEL NOS. 7583-022-012 & 7583-022-013) Project Manager: Kit Fox, AICP, Senior Administrative Analyst@ RECOMMENDATION Adopt Resolution No. 2014-_, thereby agreeing to reduce the interest rate from six percent (6%) to the LAIF rates since October 1, 1996, for the lien for $36,551.06 recorded on October 24, 1996, as Instrument No. 96-1732129; and to release the lien for $6,450.19 recorded on October 24, 1996, as Instrument No. 96-1732130. EXECUTIVE SUMMARY In 1996, the City placed liens upon two (2) parcels in Windport Canyon to recoup the City's costs for the abatement of public nuisances. The City acquired the southerly portion of the canyon in 2010 through a tax-default sale. The owner of the northerly portion of the canyon now desires to sell its property to a third party, but has asked for the lien to be released. Since the City Council authorized placement of the liens, it must take any action to forgive or reduce them. BACKGROUND The property that the City refers to as "Wind port Canyon" consists of three (3) Assessor's parcels: APNs 7583-022-012 and 7583-022-013 are located on the north side of the canyon, and APN 7583-039-900 1 is located on the south side of the canyon. The aerial photo on the following page depicts the relative locations of these parcels. They encompass 13.63 acres on the west side of Hawthorne Boulevard, located just to the south of Hesse Park. 1 Formerly APN 7583-039-030 3-1 MEMORANDUM: Release of North Windport Canyon Liens August 19, 2014 Page 2 In the early-to mid-1990s, the former owner of Windport Canyon made several attempts to develop the property for single-family, multi-family and other uses. The property's zoning is a mix of Open Space-Hazard (OH) and Residential-Single-Family, 1 Dwelling per 5 Acres (RS-A-5). None of these proposals was ever approved by the City. In 1996, the City obtained an abatement warrant to remove a large volume of wood chips and other green waste that had been illegally dumped in the canyon by and/or with the authorization of the previous property owner. Most of the material had been dumped on the north parcel, APN 7583-022-013. The illegal dumping constituted a public nuisance, and the Los Angeles County Fire Department advised the City that the decomposition of the dumped green waste in the canyon posed a fire hazard to surrounding residents. When the previous property owner failed to remove this material from the property in a timely manner, the City was required to obtain an abatement warrant from the Los Angeles County Superior Court, and had the material removed from the canyon at City expense in July 1996 . The City Council subsequently placed liens totaling $43 ,001 .25 on the two (2) parcels from which material was removed in October 1996 (APNs 7583-022- 013 and 7583-039-030). The lien on the north parcel was $36,551 .06 and the lien on the south parcel was $6,450.19.2 Both liens accrued 6% annual interest. 2 It appears that, based upon the amount of material removed from each parcel , 85% of the total lien was applied to APN 7583-022-013 and 15% of the total lien was applied to APN 7583-039-030. 3-2 MEMORANDUM: Release of North Windport Canyon Liens August 19, 2014 Page 3 In about 2000, the City understands that the two (2) north parcels were donated to Friends of Chabad Lubavitch San Diego, Inc. (Chabad SD) by the previous property owner (Chabad SD is a registered non-profit corporation in the State of California). Since that time, Chabad SD has maintained the property (including annual weed abatement) and has kept the property taxes current. In 2008, the City sought to acquire the south parcel- which had fallen into default for the non-payment of property taxes by the previous property owner-from Los Angeles County. The City completed the acquisition of the south parcel (now known as APN 7583-039-900) in 2010. Recently, Chabad SD sought to sell its property in Windport Canyon. However, when a preliminary title report was prepared in June 2014, the two (2) liens appeared as exceptions to the title of the property (see attachments). The lien recorded as Instrument No. 96-1732130 applies to the $6,450.19 lien against the southerly portion of the canyon (APN 7583-039-900), which is now owned by the City of Rancho Palos Verdes. The lien recorded as Instrument No. 96-1732129 applies to the $36,551.06 lien against the larger of the two (2) Chabad SD parcels in the northerly portion of the canyon (APN 7583-022- 013). However, for some reason, the lien against what is now the City property shows up on the title of the Chabad SD properties as well. Since this is presumably an error on the part of the County Clerk/Registrar-Recorder's office, the City should not hold Chabad SD responsible for repayment of this lien amount. However, Chabad SD would be responsible for the repayment of the lien recorded against the north parcel, including accrued interest. As of July 15, 2014, the estimated accrued interest since October 1, 1996, at 6% annual interest would be $66,516.08, for a grand total due of $103,067.14. Repayment of the lien and accrued interest to the City would typically occur upon close of escrow for the sale of the property. Upon learning of the liens against its property and the estimated amount due, Chabad SD contacted City Staff and made a request that the liens be released or that the accrued interest be waived (see attached e-mail from Rabbi Yonah Fradkin, received on June 23, 2014).3 Since the City Council authorized the placement of the liens on what is now Chabad SD's property in 1996, it is necessary for the City Council to approve any subsequent action to release the liens and/or reduce the amount due to the City. After being continued from the July 15, 2014, agenda, Staff had intended to present this request to the City Council at the meeting of July 29, 2014. However, after meeting with Staff on July 23, 2014, Rabbi Fradkin and his pro bono legal counsel, Stuart Miller, indicated that they needed additional time to prepare before this matter was presented to the City Council. In a follow-up e-mail on July 24, 2014, Rabbi Fradkin indicated that he believed that they could be ready for tonight's City Council meeting. Accordingly, Staff advised Rabbi Fradkin and Mr. Miller on July 28, 2014, that we would need any additional information that they wished to submit by August 6, 2014, so that it could be included and 3 This matter was continued from the July 151h agenda at Rabbi Fradkin's request. In a subsequent written request from Rabbi Fradkin's legal counsel on August 12, 2014, it now appears that Chabad SD is only interested in the complete exoneration of both liens, including principal and accrued interest. 3-3 MEMORANDUM: Release of North Windport Canyon Liens August 19, 2014 Page4 discussed in tonight's Staff report. On August 12, 2014, Staff received the attached letter from Mr. Miller. DISCUSSION As described above, both liens related to the City's 1996 nuisance abatement in Windport Canyon appear as exceptions to the title of the Chabad SD properties, even though only one of these liens involves a property that Chabad SD now owns (APN 7583-022-013). Staff presumes that the appearance of the lien against the City's property (APN 7583- 039-900) on the title of the Chabad SD properties is the result of a recordation error in 1996. There is no evidence that Chabad SD ever had any ownership interest in South Windport Canyon property, which the City acquired via tax deed in 2010.4 As such, Staff believes that Chabad SD should not be held liable for this lien. Furthermore, since the City now owns the South Wind port Canyon property in fee, the repayment of this lien has been effectively accomplished by the City's acquisition of the property. Therefore, Staff requests the City Council's approval to release the lien in the amount of $6,450.19, ·recorded as Instrument No. 96-1732130 on October 24, 1996. With respect to the lien against the larger of the two (2) Chabad SD parcels, Staff believes that it is clear that Chabad SD is responsible for satisfying this obligation to the City upon the sale of the property. The lien states that interest accrues on the original lien amount of $36,551.06 at a rate of six percent (6%), compounded annually beginning on October 1, 1996. As described above, Staff estimates that the accrued interest due as of the date of this report is $66,516.08, for a total obligation of $103,067.14. As reflected in the August 12th letter from Mr. Miller, Chabad SD has asked for both the accrued interest and the principal balance to be forgiven. Staff has identified five (5) scenarios that the City Council may consider with respect to the release of the lien against the Chabad SD properties. These are summarized in the table below. ario 1. Principal & Interest Forgiven [Chabad SD's re uest Descri tion Forgive both the $36,551.06 principal and the estimated $66,516.08 in accrued interest (6% annual rate) for the period from October 1, 1996 throu h Jul 15, 2014 Fiscal Im act on Cit <$103,067.14> 4 The City acquired the 5.45-acre South Windport Canyon property (now APN 7583-039-900) in January 2010 for $149,855.58 3-4 MEMORANDUM: Release of North Windport Canyon Liens August 19, 2014 Pages Scenario Description Fiscal Impact on City Reduce the $36,551.06 principal due to 2. $33,575.00, and forgive the estimated Principal Reduced $66,516.08 in accrued interest (6% <$69,492.14> & Interest Forgiven annual rate) for the period from October 1, 1996 through July 15, 2014 Forgive only the estimated $66,516.08 3. in accrued interest (6% annual rate) for Interest Forgiven the period from October 1, 1996 <$66,516.08> through July 15, 2014 4. Reduce the interest owed to the Interest Reduced estimated interest of $25,468.69 that would be due based upon the LAIF <$41,047.39> [Staff rates in effect from October 1, 1996 Recommendation] throuQh July 15, 2014 Do not forgive either the $36,551.06 5. principal or the estimated $66,516.08 in No Action accrued interest (6% annual rate) for $0.00 the period from October 1, 1996 through July 15, 2014 • Scenario 1 assumes that the entire lien debt on the Chabad SD properties would be forgiven. Under this scenario, the City would forego estimated repayment of $103,067.14 for the nuisance abatement and accrued interest. However, Staff believes that foregoing the principal and interest in their entirety would constitute a gift of public funds. Therefore, Staff does not recommend forgiving the lien entirely. • Scenario 2 assumes a partial reduction in the principal balance and forgiveness of the accrued interest. The total cost of the City's nuisance abatement for the entire Windport Canyon property was $43,001.25, broken down as depicted in the table below: Description 7583-022-013 7583-039-030 Total (85%) (15%) (100%) Removal of dumped material 33,575.00 5,925.00 39,500.00 LeQal fees 2,805.89 495.16 3,301.05 City Staff time 170.17 30.03 200.20 $36,551.06 $6,450.19 $43,001.25 If the City Council were to consider reducing the principal balance as originally requested by Chabad SD, Staff would suggest possibly waiving the legal fees and/or City Staff time, for a reduced principal balance of up to $33,575.00. 3-5 MEMORANDUM: Release of North Windport Canyon Liens August 19, 2014 Page6 However, since the City's taxpayers did incur all of these costs for the abatement of the public nuisance in Windport Canyon, Staff does not recommend reducing the principal balance of the lien. • Scenario 3 assumes that only the estimated $66,516.08 in accrued interest on the lien would be forgiven. The principal of $36,551.06 would be repaid in full. Staff understands that Chabad SD might be supportive of this scenario if the City Council does not support any reduction in the principal due. However, Staff believes that forging the interest in its entirety would constitute a gift of public funds. Therefore, Staff does not recommend forgiving the interest on the lien. • Scenario 4 assumes that the accrued interest on the lien is recalculated at the Local Agency Investment Fund (LAIF) rates that would have been in effect from October 1, 1996 through July 15, 2014. Staff has estimated that accrued interest at the LAIF rates would total $25,468.69. This amount would be more reflective of the rate of return that the City might have received from the investment of the $36,551.06 principal amount over the same period of time. This scenario would result in an estimated net cost to the City of $41,047.39. As discussed further below, this is the scenario that Staff recommends. • Scenario 5 assumes that the provisions of the lien are enforced as originally approved by the City Council in 1996. The City would be fully reimbursed for the principal and estimated accrued interest totaling $103,067.14 upon close of escrow. There are no Municipal Code provisions dealing with the adjustment of principal and/or interest due once a lien has been assessed upon a property. Furthermore, the six-percent (6%) interest rate requirement is codified in Section 8.24.150 of the Municipal Code. Nevertheless, the Municipal Code does include provisions in Section 17.78.010.B regarding the consideration of fee waivers by the City Council. These provisions-which technically apply only to building, subdivision and zoning fees-allow the City Council to waive fees based upon the finding that: 1 . The applicant or the beneficiary of the use or activity proposed by the applicant is a non-profit corporation registered with the State of California; or 2. The use or activity proposed or the activities of the beneficiary of the use or activity proposed are charitable, educational or otherwise provide a substantial benefit to the public; or 3. The applicant has demonstrated a financial hardship, as determined by the City Council, on a case-by-case basis. Relative to these findings, Chabad SD is a registered non-profit corporation in the State of California. In its request, Chabad SD also implies that the sale of its Windport Canyon properties would benefit its charitable and educational programs. 3-6 MEMORANDUM: Release of North Windport Canyon Liens August 19, 2014 Page7 In his letter of August 12th, Mr. Miller indicates that the statewide Chabad organization provides $500,000 worth of services in the local community through the Chabad- Lubavitch of Rancho Palos Verdes (Chabad RPV) center located at Hawthorne Boulevard and Granvia Altamira (i.e., the 7-11 building). He also seems to suggest that these services are underwritten by a $11,874,000 loan to Chabad SD from Comerica Bank that is secured by the Windport Canyon property and other properties owned by Chabad SD. Staff has asked for evidence of direct financial, organizational or other linkages between Chabad SD and Chabad RPV that would support these assertions. Mr. Miller has advised Staff that West Coast Chabad Lubavitch (www.chabad.com) oversees the allocation of funds to Chabad centers throughout the state (including the centers in San Diego and Rancho Palos Verdes), but has provided no evidence of a direct connection from the Chabad SD to the value of services provided by Chabad RPV to the City, or a direct connection between the Comerica Bank loan and the funding for these services. Mr. Miller suggests that the City's willingness to forgive these liens in their entirety will prompt Comerica Bank to forgive the debt it is owed by Chabad SD. Although Mr. Miller states that such action by the bank is "realistic," Staff is less optimistic. Staff appreciates that the statewide Chabad organization provides benefits and services to the communities in which their centers are located (including Rancho Palos Verdes), and there is no doubt that the people who utilize these services find them of value. However, Staff remains unconvinced that the value of these services to Rancho Palos Verdes residents as a whole exceeds the financial obligation that Chabad SD bears as the owner of the Wind port Canyon properties to satisfy the liens that were lawfully placed against the properties. In summary, Staff is sympathetic to the fact that Chabad SD was apparently unaware of the existence of the liens on the property that was donated to it until very recently. To the City's knowledge, Chabad SD has been an excellent steward of its property in the City, conducting regular annual weed abatement and keeping its property taxes up to date. However, Staff also believes that the City's taxpayers are entitled to be reimbursed for the costs incurred for the abatement of the dangerous conditions created on this property under previous ownership; and to be reasonably compensated for the cost of carrying this debt for nearly eighteen (18) years. Therefore, Staff recommends the adoption of Scenario 4 as it would repay the principal costs and provide a reasonable rate of return to the City and its taxpayers, but would forgive more than sixty percent (60%) of the accrued interest in deference to Chabad SD's non-profit status; its stewardship of the property since 2000; and the added complexity of Chabad SD's having acquired the property through a donation rather than a sale, through which the existence of the liens · would presumably have come to light much sooner. In agreeing to reduce the interest rate for the $36,551.06 lien, Staff would recommend not specifying a total amount due to the City at this time. The foregoing discussion of fiscal impacts are all based upon an assumption of the close of escrow for the sale of the property on July 15, 2014, which did not (to the City's knowledge) happen. Instead, Staff 3-7 MEMORANDUM: Release of North Windport Canyon Liens August 19, 2014 Page 8 recommends structuring the approval of this interest rate reduction to apply such that the accrued interest due at the new LAIF rate would be calculated at the time of the actual close of escrow for sale of the Chabad SD properties. In this way, the City Council's fiduciary duty to the City's taxpayers will be protected in the event that the sale of the properties takes longer than is currently anticipated by either Chabad SD or the City. CONCLUSION In conclusion, Staff is sympathetic to the financial situation in which Chabad SD finds itself with respect to the liens against the Wind port Canyon property. However, Staff does not believe that Chabad SD has demonstrated that the City should completely forego the amount of the liens, and thereby risk making a gift of public funds to Chabad SD by exonerating both liens in full. Therefore, Staff recommends that the City Council adopt Resolution No. 2014-_, thereby agreeing to reduce the interest rate from six percent (6%) to the LAIF rates since October 1, 1996, for the lien for $36,551.06 recorded on October 24, 1996, as Instrument No. 96-1732129; and to release the lien for $6,450.19 recorded on October 24, 1996, as Instrument No. 96-1732130. ALTERNATIVES In addition to the Staff recommendation (i.e., Scenario 4), the City Council may select one of the other four (4) scenarios outlined above, or may identify another appropriate course of action as a result of public testimony and/or City Council discussion. If another alternative is chosen (other than Scenario 4 or Scenario 5 (No Action)), Staff recommends continuing this matter to a future date certain for the adoption of a revised resolution. FISCAL IMPACT The estimated fiscal impacts of this request under various scenarios are discussed in the body of tonight's report. The fiscal impact of the Staff recommendation (i.e., Scenario 4) is estimated to be $41,047.39 as of July 15, 2014. However, the actual fiscal impact will not be known until escrow closes on the sale of the Chabad property at some time in the future. Attachments: • Draft Resolution No. 2014- • Request for release of liens (received June 23, 2014) • Recorded liens (Instrument Nos. 96-1732129 & 96-1732130) • Letter from Stuart Miller (received August 12, 2014) • Follow-up e-mail chain with Stuart Miller (dated August 12, 2014) M:\Finance\Release of Windport Canyon Liens\20140819_ StaffRpt_CC.docx 3-8 RESOLUTION NO. 2014-_ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AGREEING TO REDUCE THE INTEREST RATE FROM SIX PERCENT (6%) TO THE LOCAL AGENCY INVESTMENT FUND (LAIF) RATES IN EFFECT SINCE OCTOBER 1, 1996, FOR THE LIEN FOR $36,551.06 RECORDED ON OCTOBER 24, 1996, AS INSTRUMENT NO. 96-1732129; AND TO RELEASE THE LIEN FOR $6,450.19 RECORDED ON OCTOBER 24, 1996, AS INSTRUMENT NO. 96-1732130 FOR THE PROPERTIES COMMONLY KNOWN AS "NORTH WINDPORT CANYON" (APNs 7583-022-012 AND 7583-022- 013) WHEREAS, in July 1996, the City of Rancho Palos Verdes undertook the abatement-of a public nuisance on property commonly known as "Windport Canyon," consisting then of Assessor's Parcel Nos. 7583-022-012, 7583-022-013 and 7583-039- 030, and incurring total costs for said abatement of $43,001.25; and, WHEREAS, on October 1, 1996, the City Council of the City of Rancho Palos Verdes adopted Resolution No. 96-87, approving the report of nuisance abatement costs for Windport Canyon and authorizing liens for such costs to be placed upon then Assessor's Parcel Nos. 7583-022-013 and 7583-039-030; and, WHEREAS, on October 24, 1996, the City caused liens to be recorded against these parcels in the amounts of $36,551.06 against Assessor's Parcel No. 7583-022-013 (Instrument No. 96-1732129) and $6,450.19 against then Assessor's Parcel No. 7583- 039-030 (Instrument No. 96-1732130); and, WHEREAS, in about 2000, Assessor's Parcel Nos. 7583-022-012 and 7583-022- 013, commonly known as "North Windport Canyon" were donated to Friends of Chabad Lubavitch San Diego, Inc., (Chabad) by the previous property owner, whereupon Chabad assumed ownership and responsibility for North Windport Canyon; and, WHEREAS, on January 21, 2010, the City received fee title to then Assessor's Parcel No. 7583-039-030, commonly known as "South Windport Canyon," via Tax Deed to Purchaser of Tax-Defaulted Property (Instrument No. 20100089227), thereby effectively rendering moot the lien of $6,450.19 against South Windport Canyon (Instrument No. 96-1732130), which Assessor's Parcel number is now 7583-039-900; and, WHEREAS, on June 23, 2014, upon learning of the existence of the above- mentioned liens affecting North and South Windport Canyon, Chabad made a request of the City for forgiveness of accrued interest and reduction in principal balance for these liens affecting its property, which it now desires to sell. WHEREAS, on August 19, 2014, the City Council of the City of Rancho Palos Verdes considered Chabad's request at a regular City Council meeting. 3-9 NOW BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: Section 1: On the basis that A) Chabad is a non-profit organization registered in the State of California and that the proceeds of the sale of the North Wind port Canyon properties will benefit charitable and educational purposes; B) Chabad has been an excellent steward of its properties since 2000, conducting annual weed abatement and keeping the property taxes current; and C) Chabad's acquisition of the properties in 2000 through a donation led to greater complexity than would a sale, through which the existence of the liens would presumably have come to light much sooner; the City Council agrees to reduce the interest rate for the lien for $36,551.06 recorded on October 24, 1996, as Instrument No. 96-1732129 from six percent (6%) compounded annually since October 1, 1996, to the Local Agency Investment Fund (LAIF) rates in effect since October 1, 1996. Said accrued interest at the LAIF rates shall be calculated and payable to the City of Rancho Palos Verdes, along with the principal balance of $36,551.06, upon close of escrow for the sale or transfer of either or both of the North Windport Canyon properties. Section 2: On the basis that it was erroneously recorded against the title of the North Windport Canyon properties in 1996 and should not have encumbered their title, the City Council agrees to release the lien for $6,450.19 recorded on October 24, 1996, as Instrument No. 96-1732130, plus any interest thereon. Section 3: The City Manager and City Clerk are authorized to execute and cause to be recorded the necessary instrument(s) to effectuate the City Council's decision. Resolution No. 2014- Page 2 of 3 3-10 PASSED, APPROVED, AND ADOPTED THIS _th DAY OF AUGUST 2014. Mayor ATTEST: 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. 2014-_ was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on August_, 2014. City Clerk M:\Finance\Release of Windport Canyon Liens\20140819_Reso_CC.docx Resolution No. 2014- Page 3 of 3 3-11 .Carolynn Petru From:· Sent: To: Yonah Fradkin <ryf@chabadsd.org> Monday, June 23, 2014 1:39 PM Carolynn Petru Cc: Simon Malk Subject: Re: Friends of Chabad Lubavitch San Diego, Inc -Status of Liens Thank you for taking the time to help our Charitable Organization Chabad this morning. As I mentioned on the phone Chabad as been very responsible and paid for all of the abatement charges since we acquired the property. Unfortunately, at the time that we acquired the property until now we were not aware of this abatement fee. Yes this is our own fault, we should have looked at theTitle Report. Ifwe would have known we would have had the donor pay for it. Now we really need your assistance to help us see some benefit of holding the property for over 14 years and paying Taxes and Yearly weed abatement. We would really appreciate forgiveness of this debt. I would presume that after all these years you might be able to find some way to help us. Pl~ase forgive the interest and see if you can reduce the $36000. Abatement fee. Chabad has over 200 centers in California, including one in Rancho Palos Verdes, serving the entire community with counseling,services, food programs, drug rehabilitation, educational programs and the list goes on. Kindly help us help others. Thank you . We sincerely appreciate your kindness. Rabbi Yonah Fradkin Regional Director Chabad Headquarters S. Diego 10785 Pomerado Rd. S. Diego, CA 92131 858.547.0076 #1218 On Jun 19, 2014, at 5:36 PM, Nechama dina Carlebach wrote: Just got this email From: Kit Fox [mailto:KitF@rpv.com] Sent: Thursday, June 19, 2014 5:30 PM To: ndcarlebach@chabadsd.org Cc: carolynn Petru; carol Lynch <clync;h@rwglaw.com> Subject: RE: Friends of Chabad Lubavitch San Diego, Inc -Status of Liens Dear Dina: Thank you for your phone call this past Monday, and for providing a copy of the preliminary title report for the Friends of Chabad Lubavitch San Diego (Cha bad) properties in Rancho Palos Verdes. 1 3-12 The property that the City refers to as "Windport Canyon" consists of three (3) Assessor's parcels: the Chabad properties (APNs 7583-022-012 and 7583-022-013) are located on the north side of the canyon, and the property formerly owned by Steven Taylor/Taylor Development Ltd. (formerly APN 7583-039- 030) is located on the south side of the canyon. The attached aerial photo shows the relative locations of these parcels. In 1996, the City obtained an abatement warrant to remove a large volume of wood chips and other green waste that had been illegally dumped In the canyon by and/or with the authorization of the previous property owner. Most of the material had been dumped on the north parcel, APN 7583-022- 013. The illegal dumping constituted a public nuisance, and the Los Angeles County Fire Department advised the City that the decomposition of the dumped green waste in the canyon posed a fire hazard to surrounding residents. When the previous property owner failed to remove this material from the property in a timely manner, the City was required to obtain an abatement warrant from the Los Angeles County Superior Court and had the material removed from the canyon at City expense in July 1996. The City Council subsequently placed liens totaling $43,001.25 on the two (2) parcels from which material was removed in October 1996 (APNs 7583-022-013 and 7583-039-030). The lien on the north parcel was $36,551.06 and the lien on the south parcel was $6,450.19 . .. We understand that the two (2) north parcels were donated to Chabad by the previous property owner in about 2000. In 2008, the City sought to acquire the south parcel-which had fallen into default for the non-payment of property taxes-from Los Angeles County. The City completed the acquisition of the. south parcel (now known as APN 7583-039-900) in 2010. As you know, there are two (2) liens that appear as exceptions to the title of the Chabad properties. The lien recorded as Instrument No. 96-1732130 actually applies to the $6,450.19 lien against the south parcel, which is now owned by the City of Rancho Palos Verdes. Since Chabad does not own the south parcel, it would not be responsible for repayment of this lien amount. However, Chabad would be responsible for the repayment of the lien recorded against the north parcel as Instrument No. 96- 1732129 in the amount of $36,551.06 plus interest. As of October 2013, the estimated accrued interest for seventeen (17) years at 6% was $61,872.54. Repayment of the lien and accrued interest to the City would typically occur upon close of escrow forthe sale of the property. . The City appreciates that Cha bad may have been unaware of this lien at the time that it accepted the donation of the property from the previous owner. The existence of this lien in no way impugns the · responsible stewardship of the property by Chabad over the past several years. However, the City was required to expend City resources to abate the nuisance conditioo on the property, which posed a serious risk to public safety. The City is legally entitled to recover the cost to the taxpayers of the abatement of the former public nuisance on the property. However, the City is also open to discussing with Cha bad a reasonable settlement of this matter, subject to the review and approval of the Rancho Palos Verdes City Council. Please feel free to contact me if you have any further questions. I will be back in the office next Monday, June 23rd. Sincerely, Kit Fox., AICP Senior Administrative Ana.11:Jst Cit1:J Maneiaer's Office Cit1:J of Rancho Palos Verdes 2 3-13 30940 liawthonie Blvd. Ra.nchoPalos Verdes,CA90275 T:(310)544~5226 F: (310) 544~5291 'E: kitf@xpv.com <imageOOl.jpg> From: Nechama dina Carlebach [mailto:ndcarlebach@chabadsd.org] Sent: Monday, June 16, 2014 3:00 PM To: Kit Fox Subject: Friends of Chabad Lubavitch San Diego, Inc Dear Kit, Thank you for assisting us with the donated property that we are now selling. This title report shows that there are two liens on the property from 1996 which were unbeknownst to us until now . .. We are a non-profit charitable social service organization. I hope you can help us find a way to take care of this. iy1u_ch appreciated. Nechama Dina Carlebach Chabad Educational Center 10785 Pomerado Road S Diego, CA 92131 (858) 547-0076 x 1219 From: Watt, Melissa [mailto:Melissa.watt@ctt.com] Sent: Friday, June 13, 2014 2:12 PM To: ndcarlebach@chabadsd.org Subject: FW: 00025000-996-U12 Prelim . - Nechama, please find attached the preliminary report of title for the vacant land sale. Please advise if you have any information regarding the two abatement liens as I will need to order demands and pay through escrow. Take care!! Melissa Watt Escrow Officer <Windport Canyon Parcels.pdf> 3 3-14 ... ·~ RECORDIJlG REQUESTED BY AND WHEN RECORDED, RETURN TO: city of Rancho Palos Verdes Department of Planning, Building ' Code Enforcement 30940 Hawthorne Boulevard Rancho Palos Verdes, California NO FEE PURSUANT TO GOVERNMENT CODE SECTION 27383 ORIGINAL 911 1732129 90275 RECORDED/FILED IN OFFICIAL RECORDS RECORDER'S OFFICE LOS ANGELES COUNTY CALIFORNIA 4:01 PM OCT 24 1996 SPACE ABOVE THIS LINE FOR RECORDER'S USE NOTICE OF LIEN -Assessor's Parcel No. 7583-022-oJl FREE J J Pursuant to ·the authority vested in the Code Enforcement Official by the provisions of Title 8, Chapter 8.24 of the Rancho Palos Verdes Municipal Code, the Code Enforcement Official on or about the 24th day of July, 1996 1 caused the abatement of a nuisance on real property, and the City Council of the City of Rancho Palos Verdes, on the 1st day of October, 1996, assessed the costs of such abatement upon said real property; through the adopt~n of Resolution No. 96-87, a copy of which is attached hereto as Exhibit "A 11 and incorporated herein by reference. The same has not been paid nor any part thereof, and the City of Rancho.Palos Verdes does hereby claim a lien on said real property for the net expense of the doing of said abatement in the amount of $36,551.06, and this amount shall be a lien upon said real property unt.11 the aforementioned sum together with interest at the rate of six (6t) per annum from October 1, 1996, has been paid in full and discharged of record. The real property hereinbefore mentioned, and upon which a lien is claimed, is that certain parcel of land in the city of Rancho Palos Verdes, county of Los Angeles, state of California, and more particularly described as Assessor's Parcel No. 7583-022-013: NOTICE IS HEREBY GIVEN that the aforementioned nuisance abatement waa undertaken on adjacent parcels, and that a similar lien in the amount of $6,450.19 is claimed and recorded against Assessor's Parcel No. '7583-039-030, and that the cumulative amount due for the two parcels is $43,001.25. DATED: this 23Rb -day of~~ I 19~. STATE OF CALIFORNIA COUNTY OF LOS ANGELES ~d FINANCE DIRECTOR OF THE CITY OF RANCHO PALOS VERDES (ACI(NOWLEDGEMENT) SS on I()-g 3: 9k> before :me, the undersigned, a Notary ~n Jt1::: fz= State, personally appeared , known to me to be the person -w~h-o_s_e~n-a_m_e __ w_a_s-su-u~cbp-cc-llir-l~b~e-d-t~o~the within instrument and -- acknowledgeathat _J...£.-______ executed the same. Witness my official neal. Signature --+l"--1-<""""'"'"""~--~- !1Cil011 Ml71MJCQJI pjl 1201517 a (J 3-15 .f RESOLUTION NO. 96-87 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES CONFIRMING THE REPORT OF NUISANCE ABATEMENT COSTS WITHIN "WINDPORT CANYON" AND AUTHORIZING A LIEN FOR NUISANCE ABATEMENT COSTS TO BE PLACED ON THE SUBJECT PROPERTY WHICH CONSISTS OF ASSESSORS PARCELS 7583-022-013, AND 7583 .. 039-030 WHEREAS, in response to a citizen's complaint, City Staff inspected the property commonly referred to as Windport Canyon on or about October 5, 1995, and repeatedly thereafter; and, · WHEREAS, Staff found that wood chips and debris had been illegally dumped and spread throughout much of the site, specifically on two separate parcels which comprise the majority of Windport Canyon, which have been identified as Assessor's Parcels 7583- 022-013 and 7583-039-030, in violation of the Rancho Palos Verdes Municipal Code and the Los Angeles County Fire Code; and, WHEREAS, Staff made repeated unsuccessful attempts to gain compliance through contact of the property owner of record; and, WHEREAS, the City of Rancho Palos Verdes and the Los Angeles County Fire Department determined the wood chips and debris to be a public nuisance as a matter of law as it posed a threat to the public health, safety and welfare to the property and adjacent properties, City Staff (:lirE~cted the City Attorney to obtain a Nuisance Abatement Warrant to secure removal of the' wood chips and debris; and, WHEREAS, California Government Code Section 38773 and 38773.5 and Chapter 8.24 of the Rancho Palos Verdes Municipal Code authorizes the City Council to assess all costs incurred for abatement of violations which constitute a public nuisance as a lien against said property; and WHEREAS, the costs inc:urred during abatement of the violation of the above referenced site, to include pursuit and legal action have been itemized by the Finance Director and Code Enforcement Officer pursuant to Rancho Palos Verdes Municipal Code Section 8.24.110, a copy of which itemization is attached hereto as Attachment "A"; and, WHEREAS, after notice issued pursuant to the requirements of the Rancho Palos Verdes Municipal Code, the City Council held a hearing on September 17, 1996, at which time all interested parties were given an opportunity to be heara and present evidence. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS: 96.:..1732129 3-16 Section 1: The City Council finds that the costs incurred by the City to abate the nuisance at the above referenced site are reasonable and correct, and hereby confirms the Code Enforcement Officer's Itemized Account of Nuisance Abatement Costs, attached hereto as Attachment A. Section 2: The City Council hereby directs Staff to submit to the Los Angeles County Auditor/Controller for collection in the next applicable tax roll year the confirmed Nuisance Abatement costs in the amounts of $36,551.06 for Assessor's Parcel umber 7583-022-013, and $6,450.19 for Assessor's Parcel Number 7583-039-030. The City Council further directs the City Attorney and the Finance Director to prepare and cause to be recorded in the Office of the Los Angeles County Recorder appropriate notices of liens which indicate the amount of Nuisance Abatement Costs assessed against the subject property as well as the cumulative amount due for the two parcels. Section 3: Interested parties are hereby notified that the time within which judicial review of this decision must be sought, if available, is governed by Section 1094.6 of the California Code of Civil Procedure. PASSED, APPROVED AND ADOPTED on this 1st day of October, 1996. ATTEST: /Sf JO PURCELL City Clerk STATE OF CALIFORNIA COUNTY OF LOS ANGELES CITY OF RANCHO PALOS VERDES /SI MARII.YN LYON ) )SS ) Mayor I Jo Purcell, City Clerk of the City of Rancho Palos Verdes, do hereby certify that the above Resolution No. 96-87 was duly and regularly passed and adopted by the said City Council at a regular meeting held on October 1, 1996. N:IGROUP'PLANNING\WINDRES.WPO . . ·~ .:': .... (] Resolution No. 96-a 7 Page 2 of 2 3-17 : -·" . .. Attachment A ITEMIZED ACCOUNT NUISANCE ABATEMENT COSTS AUGUST 20, 1996 ·Y RECORD OWNER: • Gemini Bancorp 2042 Armacost Avenue Los Angeles, CA 90025 ASSESSORS PARCEL NUMBERS: 7583-022-013 PROPERTY CONDITION: SCOPE OF WORK: Description Removal of Wood Chips legal Fees Staff Time Total Costs Incurred 7 583-039-030 Vacant property's maintained wood chips and debris in violation of the Rancho Palos Verdes Municipal Code and the Los Angeles County Fire Code. Contract with a qualified company for the removal, cartage and disposal of approximately 2400 cubic yards of wood chips and other organic debris. Cost Summary Date Incurred Cost July 24, 1996 $ 39,500.00 July 1996 $ 3,301.05 August1996 July 1996 $ 200.20 August1996 $ 43,001.25 .. ·~ j RESOI.. N(). 96-87 I EXHB!T A paq~ 1 I 96"-1732129 ~ 3-18 The above costs were incurred by the City of Rancho Palos Verdes in abatement of a if.. nuisance on Assessor's Parcels 7583-022-013, 7583-039-030. / /Sf Dennis McLean Finance Director, Dennis Mclean City of Rancho Palos Verdes gj ~ ~ .-f Attachments J:, Cost Attachment A en -· \' .. ... . ,, ' ·' !·· • ; / • ! · .. , : . ~; /SI Jon A. Po1Jara Code Enforcement Officer, Jon A. Pollard City of Rancho Palos Verdes Resol. No. 96-87 Exhibit A paqe 2 3-19 Cost Attachment A A. Costs and legal fees associated with the pursuit of $ 3,301.05 Nuisance Abatement. Costs represent disbursements and legal fees. 8. Costs associated with abatement of nuisance on $ 39,500.00 property. Abatement conducted by Hardy & Harper, Inc. Address 630 S. Hathaway, Santa Ana, CA. 92705 Invoice Attached. c. Costs for Staff time for abatement of nuisance. Cost $ 200.20 includes: AbatemenVlnspections 13 Staff hours Total Cost to be assessed: $ 43,001.25 96-1732129 Resolution No. 96-87 Exhbit A page 3 3-20 I• J '•' • ORIGINAL RECORDING REQUESTED BY AND WHEN RECORDED, RETURN TO: city of Rancho Palos Verdes Department of Planning, Building & Code Enforcement 30940 Hawthorne Boulevard RECORDED/FILED IN OFFICIAL RECORDS RECORDER'S OFFICE Rancho Palos Verdes, California 90275 LOS ANGELES COUNTY __ CALIFORNIA NO FEE PURSUANT TO GOVERNMENT CODE SECTION 27383 4~01 PM OCT 24 1996 SPACE ABOVE THIS LINE FOR RECORDER'S USE FREE J NOTICE OF LIEN ·-Assessor's Parcel No. 7583-039-030 Pursuant to the authority vested in the Code Enforcement Official by the provisions of Title s, Chapter 8.24 of the Rancho Palos Verdes MUnicipal Code, the Code Enforcement Official on or about the 24th day of July, 1996, caused the abatement of a nuisance on real property, and the city council of the City of Rancho Palos Verdes, on the lst day of October, 1996, assessed the costs of 1such abatement upon said real property; through the adoption of Resolution No. 96-87, a copy of which is attached hereto as Exhibit "A" and incorporated herein by reference. The same has not been paid nor any part thereof, and the City of Rancho Palos Verdes does hereby claim a lien on said real property for the net expense of the doing of said abatement in the amount of $6,450.19, and this amount shall be a lien upon said real property unt::ll the aforementioned sum together with interest at the rate of six (6i) per annum from October l, 1996, has been paid in full and discharged of r.eoord. The real property hereinbefore mentioned, and upon which a lien is claimed, is that certain parcel of land in the City of Rancho Palos Verdes, County of Los Angeles, state of California, and more particularly described as Assessor's Parcel No. 7583-039-030: NOTICE IS HEUEBY GIVEN that the aforementioned nuisance abatement was undertaken on adjacent parcels, and that a similar lien in the amount of $36,551.06 is claimed and recorded against Assessor's Parcel No. 7583-022-013, and that the cumulative amount due for the two parcels is $43,001.25. DATED; this~ day of~ , l~. STATE OF CALIFORNIA COUNTY OF LOS ANGELES ~~ FINANCE DIRECTOR OF THE CITY OF RANCHO PALOS VERDES (ACKNOWLEDGEMENT) SB On /(),-ti?. 3-C[6 before me, the undersigned, a N~~~~f~>r said State, personally appeared ......,...~--------.--------,....---.,.,... ......... _,_~• known to me to be the person wfiose name ___ was :;e;;:ribed to the within instrument and --- acknowledged that -----executed the same. Witness my Signature 9Cll021 llM75-0CJJOI pjo 120151~ 0 J 3-21 \ • I I .. '. .. .. ,,. RESOLUTION NO. 96-87 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES CONFIRMING THE REPORT OF NUISANCE ABATEMENT COSTS WITHIN "WINDPORT CANYON'' AND AUTHORIZING A LIEN FOR NUISANCE ABATEMENT COSTS TO BE PLACED ON THE SUBJECT PROPERTY WHICH CONSISTS OF ASSESSORS PARCELS 7583-022-013, AND 7583-039-030 WHEREAS, in response to a citizen's complaint, City Staff inspected the property commonly referred to as Windport Canyon on or about October 5, 1995, and repeatedly the~eafter; and, WHEREAS, Staff found th~~t wood chips and debris had been illegally dumped and spread throughout much of the site, specifically on two separate parcels which comprise the majority of Windport Canyon, which have been identified as Assessor's Parcels 7583- 022-013 and 7583-039..030, in violation of the Rancho Palos Verdes Municipal Code and the Los Angeles County Fire Code; and, WHEREAS, Staff made repeated unsuccessful attempts to gain compliance through contact of the property owner of record; and, WHEREAS, the City of Rancho Palos Verdes and the Los Angeles County Fire Department determined the wood chips and debris to be a public nuisance as a matter of law as it posed a threat to the public health, safety and welfare to the property and adjacent properties,· City Staff directed the City Attorney to obtain a Nuisance Abatement Warrant to secure removal of the wood chips and debris; and, WHEREAS, California Government Code Section 38773 and 38773.5 and Chapter 8.24 of the Rancho Palos Verdes Municipal Code authorizes the City Council to assess ; _.. all costs incurred for abatement of violations which constitute a public nuisance as a lien against said property; and ,t, ... ,,,. WHEREAS, the costs inc:urred during abatement of the violation of the above referenced site, to include pursuit and legal action have been itemized by the Finance Director and Code Enforcement Officer pursuant to Rancho Palos Verdes Municipal Code Section 8.24.110, a copy of which itemization is attached hereto as Attachment "A°; and, WHEREAS, after notice issued pursuant to the requirements of the Rancho Palos Verdes Municipal Code, the City Council held a hearing on September 17, 1996, at which time all interested parties were given an opportunity to be heara and present evidence. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS: 96-1732130 71 3-22 \, . Section 1: The City Council finds that the costs incurred by the City to abate the / nuisance at the above referenced site are reasonable and correct, and hereby confirms the Code Enforcement Officer's Itemized Account of Nuisance Abatement Costs, attached hereto as Attachment A. Section 2: The City Council hereby directs Staff to submit to the Los Angeles County Auditor/Controller for collection in the next applicable tax roll year the confirmed Nuisance Abatement costs in the amounts of $36,551.06 for Assessor's Parcel umber 7583-022-013, and $6,450.19 for Assessor's Parcel Number 7583-039-030. The City Council further directs the City Attorney and the Finance Director to prepare and cause to be recorded in the Office of the Los Angeles County Recorder appropriate notices of liens which indicate the amount of Nuisance Abatement Costs assessed against the subject property as well as the cumulative amount due for the two parcels. Section 3: Interested parties are hereby notified that the time within which judicial review of this decision must be sought, if available, is governed by Section 1094.6 of the California Code of Civil Procedure. PASSED, APPROVED AND ADOPTED on this 1st day of October, 1996. /S/ MARILYN LYON ATrEST: /Sf JO PURCELL City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES )ss CITY OF RANCHO PALOS VERDES ) N:'OROUPIPLANNINGIWINDRES.WPO Mayor Resolution No. 96-s 7 Page2of2 3-23 ' . ' ...... .......... ·'· .• •.( RECORD OWNER: .. Attachment A ITEMIZED ACCOUNT NUISANCE ABATEMENT COSTS AUGUST 20, 1996 Gemini Bancorp 2042 Armacost Avenue Los Angeles, CA. 90025 ASSESSORS PARCEL NUMBERS: 7583-022-013 7583-039-030 PROPERTY CONDITION: SCOPE OF WORK: Descriotion Removal of Wood Chips Legal Fees Staff Time Total Costs Incurred Vacant property's maintained wood chips and debris in violation of the Rancho Palos Verdes Municipal Code and the Los Angeles County Fire Code. Contract with a qualified company for the removal, cartage and disposal of approximately 2400 cubic yards of wood chips and other organic debris. Cost Summary Date Incurred July 24, 1996 July 1996 August1996 July 1996 August1996 96-1732130 $ $ $ $ Cost 39,500.00 3,301.05 200.20 43,001.25 RESO!.. NC1. 96-87 EXHBIT A. pagf! 1 r ••• .t I ~- 3-24 The above costs were incurred by the City of Rancho Palos Verdes in abatement of a nuisance on Assessor's Parcels 7563-022-013, 7563-039-030. /S/ Dennis McLean Finance Director, Dennis Mclean City of Rancho Palos Verdes Attachments Cost Attachment A /SI Jon A. Pollard Code Enforcement Officer, Jon A. Pollard City of Rancho Palos Verdes ~ ~·.1;··ft~~· · .. y . \~ Resol. No. 96-87 Exhibit A page 2 ~: I 3-25 ", I "'• .i Cost Attachment A A Costs and legal fees associated with the pursuit of $ 3,301.05 Nuisance Abatement. Costs represent disbursements and legal fees. 8. Costs associated with abatement of nuisance on $ 39,500.00 property. Abatement conducted by Hardy & Harper, Inc. Address 630 S. Hathaway, Santa Ana, CA 92705 Invoice Attached. c. Costs for Staff time for abatement of nuisance. Cost $ 200.20 includes: Abatement/Inspections 13 Staff hours Total Cost to be assessed: $ 43,001.25 96~1732130 Resolution No. 96-87 Exhbi t A pa.qe 3 f 3-26 Stuart Miller Attorney at Law 24411 Ridge Route, Suite 200 Laguna Hills, CA 92653 (949) 580-3737 fax (949) 580-3738 stuartmiller@earthlink.net www.stuartmillerlaw.com RECEIVED AUG 12 2014 Admitted in CA and NY August 12, 2014 Mayor Jerry Duhovic and Members of the City Council 30940 Hawthorne Boulevard Rancho Palos Verdes, CA 90275 Re: Request for Release of Liens Against North Windport Canyon Properties August 19, 2014 City Council Hearing Dear Mayor Duhovic and Members of the City Council: I represent Friends of Chabad Lubavitch San Diego, Inc. ("Chabad"). I am writing to explain Chabad's application for relief from the lien the City holds on its property. As Kit Fox explains in the staff report of July 15, 2014, Chabad received the subject property as a gift around the year 2000. When it received the property Chabad was not aware that the City held a lien on the property in the amount of $36,551.06. Staff estimates that at a rate of 6%, the interest due on the lien is $66,516.08, for a total obligation of$103,067.14. Staff has recommended that the City reduce the interest on the lien to $25,468.69, for a total obligation of $62,019.75. Chabad appreciates the deduction proposed by staff as well as the recognition that Chabad did not create the debt and has been a model corporate citizen. There are several facts we wish to add to the staff report. Chabad operates a center at 28041 Hawthorne Boulevard in Rancho Palos Verdes. It spends approximately $500,000 annually on a wide variety of community services, including food kitchens, hospital visitation, crisis intervention, family counseling, new parent education, playtime for children, adult education, yoga classes, and distribution of car seats. Chabad has served thousands of families in Rancho Palos Verdes over the years. In 2003, Chabad borrowed approximately $15,000,000 for development of the Chabad Educational Center, including $11,874,000 from Comerica Bank-California. To secure this loan it gave the lender liens on many properties, including the lot in Rancho Palos Verdes. To date a debt of$6,748.383.56 remains on the loan. See the Fourth Modification Agreement and the bank letter dated July 23, 2014 accompanying this letter. Chabad has a pending offer to purchase the Rancho Palos Verdes property for $360,000. IfChabad accepts this offer, the City will execute its lien for $62,019.75 or whatever sum the City Council chooses, and the bank will take the remainder. Chabad will receive nothing. 3-27 Mayor Jerry Duhovic and Members of the City Council Request for Release of Liens Against North Windport Canyon Properties August 12, 2014 Page2 We therefore request that the City agree to waive Chabad's obligation if we can convince the bank to lift its lien on this property. We think this decision by the bank is a realistic possibility because most of the loan has already been repaid and the bank will be following the City's generous example. If this proposal is accepted, Chabad will be able to devote the $360,000 from the sale to comm\Ulity services. Otherwise, the economic reality is that Chabad cannot sell the property and the lien will not be repaid anytime soon. We think it is better for the comm\Ulity to receive six times its debt in charitable services than for the City to insist on a payment that circumstances make it infeasible for Chabad to provide. I should add that I am representing Chabad on a pro bono basis. I hope the City and the bank will follow my small ex.ample and allow this wonderful organization to continue its fine work. I am looking forward to discussing this matter with the City Co\Ulcil on August 19. Thank you. Very truly yours, Stuart Miller 3-28 FOURTH MODIFICATION AGREEMENT This FOURTH MODIFICATION AGREEMENT (the "Modification") is made as of January 18, 2013 by and between Friends of Chabad Lubavitch, San Diego, a California nonprofit corporation C"&>plicant") and Comerica Bank, a Texas bankifi.g association, successor by merger to Comerica Bank-California ("IUY&r''), with respect to the Reimbursement Agreement dated January 21, 2003 between Applicant and Issuer, as modified by the Modification Agreement dated January 27, 2009, the Second Modification Agreement dated October 1, 2009 and the Third Modification Agreement dated October 1, 2011 (as amended and modified through but excluding the date hereof, the "Agreemenf'), with reference to the following facts: · . A. Applicant and Issuer entered into the Agreement, pursuant to which Applicant has promised to reimburse Issuer for drawings under the Letter of Credit (as defined below}, as well talce other actions as described therein . . S. Pursuant to the Agreement, Issuer issued Irrevocable Letter of Credit No. 580357- 42, dated January 24, 2003, in the original Stated Amount of $11,874,000.00, for the benefit of Wells Fargo Bank, National Association, which was amended by Amendment No. 1 dated December 31, 2008, Amendment No. 2 dated March 26, 2009, Amendment No. 3 dated June 25, 2009, Amendment No. 4 dated August 26, 2009, Amendment No. 5 dated September 29, 2009, Amendment No. 6 dated October 28, 2009, Amendment No. 7 dated October 20, 2011, and Ameru:lment No. 8 dated October 25, 2012 (collectively, the "Letter of Credit). The Letter of Credit has a current Stated Termination Date ofNovember 15, 2013. C. Applicant's obligations to Issuer under the Agree,ment are secured by, among other thi:qgs, the following: 1. Construction Deed of Trust, Security Agreement and Fixture Filing (with Assignment of Rents and Leases), dated January 21, 2003, by Applicant for the benefit of Issuer covering certain real property in San Diego, California, recorded with the San Diego Col.mty Recorder on January 24, 2003 as Doc. #2003-0084215, modified by Agreement Supplementing Deed of Trust dated October 1, 2009 recorded with San Diego County Recorder on April 26, 2010 as Doc. #2010-0204549, and Second Agreement Supplementing Deed of Trust dated October 1, 2011 recorded with San Diego County Recorder on January 6, 2012 as Doc. #2012- 0008545 (collectively, the "San Diego Dee<l ofTmsf'). 2. Deed of Trust, Security Agreement and Fixture Filing (with Assignment of Rents and Leases), dated January 21, 2003, by Applicant for the benefit of Issuer covering certain real property in Rancho Palos Verdes, California, recorded with the Los Angeles County Recorder on January 24, 2003 as Doc. #03-0220780, modified by Agreement Supplementing Deed of Trust dated October 1, 2009 recorded with Los Angeles County Recorder on April 26, 2010 as Doc. #20100559455, and Second Agreement Supplementing Deed of Trust dated October 1, 2011 recorded with Los Angeles County Recorder on January 6, 2012 as Doc. #20120024449 (collectively, the "RPY Deed ofTrusf'). 1 BN 1305803:Sv7 3-29 Comerica Bank lntematlona~ Trade SeNlces 2321 R0$8Ct'ans Ave. 5th Fl. El Segunao, CA 90245 Tel: See Below Fax: See Below SWIFT: MNeousesxxx Friends of Chabad Lubavlteh san 1)1890 , 10785 Pomerado Road San D1ego, CA 92131 United States Re: Oi,ir Irrevocable Standby Letter of Credtt No.: 68Q367-42 ·. July 23, 2014 Pleae .remit funds through your oorreapondent to Comerica Bank Our AiA No. 121137622 our account no. 04$2158595811 quoting our reference number 680317-42 for payment Of invoice dated July 24, 2014, Attn:.J~~e.ma~nal TrMe Sel'Vlces or proYlde ue with written authorization to debit your acccunt for the equ1v.arant ot return a copy er:tt111 Invoice together with your check to the address listed above. Ttie:bl'iiiltg ,.e wilt be walv$d only if you authorize a debit to your dema l&~rlptloii fte.'-8/Charges Utiitecl States. Dollars S$ridby Periodic Fee 1nvo1ee Fee T9ta1 Fees/Charges Unlted States Dollars Fftial Total United Stites D'ollars Currency USO USO USO Prlndpal Rate ' Calculation Perlod USO O, 7'18,383.56 1.25% Dal For Standby Periodic Fee the charge basis days equals 360. AmOUDt ·21,557.34 -60.00 .... . USD 21.667,34 .. ·Page 1 of2 I l i I. I l ··•. 3-30 Kit Fox From: Sent: Stuart Miller <StuartMiller@earthlink.net> Tuesday, August 12, 2014 3:14 PM To: Kit Fox Cc: Yonah Fradkin Subject: RE: Lien Release Request for August 19th Agenda Hi Kit. The answer to the first half of your first question as well as your second question is found at the Cha bad of California website: www.chabad.com. Then click on "Centers," then click on "Chabad-Lubavitch of Rancho Palos Verdes" or "Cha bad of San Diego." You will see that Chabad-Lubavitch of Rancho Palos Verdes and Cha bad of San Diego (the one at Pomerado Road) are among the 24 centers run by Cha bad of California. My understanding is that the parent organization, Cha bad of California, has authority to direct money among the centers to where it is needed. (I may have been unclear about this before as I am still familiarizing myself with this organizational structure. I do not believe there is a direct relationship between the loan and the RPV facility, but both centers are part of one larger organization serving the entire state.) As for your other question, Rabbi Magalnic, who directs the RPV center, gave this information to Rabbi Fradkin, who gave it to me. Rabbi Fradkin is seeking documentation from Rabbi Magalnic now. Regards, Stuart . . From: Kit Fox [mailto:KitF@rpv.com] Sent: Tuesday, August 12, 2014 1:49 PM To: Stuart Miller Cc: Carol Lynch <clynch@rwglaw.com>; Carolynn Petru Subject: RE: Lien Release Request for August 19th Agenda Hi Stuart: I have a couple of questions for clarification: 1. Can you provide any evidence of the financial, organizational or other linkage(s) between Friends of Cha bad Lubavitch San Diego, Inc. and Cha bad of Palos Verdes that documents the direct "flow" of funds to the Rancho Palos Verdes community? Similarly, can you provide documentation of the $500,000 in annual community services provided by Cha bad of Palos Verdes, including financial, organizational or other linkage(s) for these services back to Friends of Cha bad Lubavitch San Diego, Inc.? 2. Our understanding of the $11,874,000 loan from Comerica Bank--secured by the Wind port Canyon property in Rancho Palos Verdes and other properties owned by Friends of Cha bad Lubavitch San Diego, lnc.-was that it was intended to fund the development of an educational center located in San Diego. Again, can you provide any evidence that the facility and/or programs offered at Cha bad of Palos Verdes are the direct result of funding provided by Friends of Cha bad Lubavitch San Diego, Inc. that originated from the Comerica Bank loan secured (in part) by the Wind port Canyon property? Thanks! Kit Fox, AICP City of Rancho Palos Verdes (310)544-5226 1 3-31 kit£@mv.com From: Stuart Miller [mailto:StuartMiller@earthlink.net] Sent: Tuesday, August 12, 201412:10 PM To: Kit Fox Cc: Carol Lynch <clynch@rwglaw.com>; Carolynn Petru Subject: RE: Lien Release Request for August 19th Agenda Hi Kit. A letter for the City Council's consideration is attached. Please attach it to the Staff Report. Thank you. Regards, Stuart From: Kit Fox [mailto:KitF@rpv.com] Sent: Thursday, August 07, 2014 4:32 PM To: Stuart Miller Cc: Carolynn Petru Subject: RE: Lien Release Request for August 19th Agenda Hi Stuart: If I get it-by-Tuesday, it will be attached to the Staff report but we may not have time to address any new issues that it raises in the report itself. I'll be in the office tomorrow but at off-site training on Monday. Kit Fox, AICP CitlJ o£RanchoPa.los Verdes (310) 544-5226 kit£@mv.com From: Stuart Miller [mailto:StuartMiller@earthlink.net] Sent: Thursday, August 07, 2014 4:16 PM To: Kit Fox Subject: RE: Lien Release Request for August 19th Agenda Hi Kit. I'm very sorry I could not get this to you in time. I had to devote too much time to the Zone 2 EIR hearing two days ago. Can I get you this information early next week? Best regards, Stuart From: Kit Fox [mailto:KitF@rpv.com] Sent: Monday, July 28, 2014 1:55 PM To: stuartmiller@earthlink.net Cc: Yonah Fradkin; Carolynn Petru; Carol Lynch <clynch@rwglaw.com> Subject: Lien Release Request for August 19th Agenda Hi Stuart: As you are aware, Rabbi Fradkin's request was pulled from tomorrow night's City Council agenda. He had indicated last week that he believed that you would have enough time to prepare for this matter to be heard on the August 19th 2 3-32 agenda. In order to do so, I would ask that you provide any additional information related to this request to me no later than next Wednesday, August 6th so that I can include it with the August 19th Staff report. Thank you very much. Sincerely, Kit Fox, AICP Senior AdministrativeAnal':lst CitlJ Manaaer's OHice CitlJ of Rancho Palos Verdes 30940 Hawthorne Blvd Rancho Palos Verdes, CA 90275 T: (310) 544-5226 F: (310) 544-5291 :E: kitf@rpv.com 3 3-33