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RPVCCA_CC_SR_2013_11_19_G_Budget_Adjustment_For_Property_Taxes_Cherry_Hill_LaneCITY OF MEMORANDUM TO: FROM: DATE: SUBJECT: REVIEWED: HONORABLE MAYOR & CITY COUNCIL MEMBERS CAROLYNN PETRU, AICP, DEPUTY CITY MANAGER® NOVEMBER 19, 2013 BUDGET ADJUSTMENT FOR PAYMENT OF PROPERTY TAXES AND "DUE DILIGENCE" REVIEW TO ACCEPT THE DONATION OF VACANT PROPERTY IN THE CHERRY HILL LANE AREA ,__ n CAROLYN LEHR, CITY MANAGER (j)'- Project Manager: Kit Fox, AICP, Senior Administrative Analyst@ RECOMMENDATION Authorize the City Manager to accept the donation of a vacant property in the Cherry Hill Lane area (Assessor's Parcel No. 7572-004-002), subject to the verification of acceptable title and condition of the property; and adopt Resolution No. 2013-_, a resolution of the City Council of the City of Rancho Palos Verdes, amending Resolution No. 2013-43, the Budget Appropriation for FY 2013-14, to pay for the cost of the current property taxes and "due diligence" review for the vacant property to be donated to the City from the City's General Fund. BACKGROUND On October 15, 2013, Maureen Werner offered to donate her property in the Cherry Hill Lane area in the Portuguese Bend community to the City, contingent upon the City's payment of the current property taxes. On November 6, 2013, and earlier this evening, the City Council considered this offer in closed session. Assuming that the City Council accepts Ms. Werner's offer and directs Staff to pursue the acquisition of her property, it will also be desirable for the City to complete certain "due diligence" review of the property. At the November 5th meeting, the City Council authorized Staff to proceed with the "due diligence" review for this property. Staff is now proposing a budget adjustment to cover the cost of the current property taxes and the "due diligence" review to accept the donation of this property. DISCUSSION The City and the Successor Agency currently own a total of twelve (12) parcels in the vicinity of Cherry Hill Lane in the active Portuguese Bend landslide area. Ms. Werner's G-1 MEMORANDUM: Budget Adjustment for Acceptance of Property Donation November 19, 2013 Page2 property directly abuts one of the City-owned parcels, and is close to several other parcels owned by the City or the Successor Agency. Staff believes that accepting the donation of Ms. Werner's property would enhance the City's access to Portuguese Canyon for landslide abatement and roadway maintenance purposes. This would be consistent with the direction that the City Council recently provided to Staff in authorizing the acquisition of two (2) other nearby tax-defaulted parcels on August 6, 2013. Ms. Werner has offered to donate her property to the City, contingent upon the City paying the current property taxes due (estimated at $600). If the City were to accept this donation, it would be Staff's intent to ensure that the property is free of any encumbrances to its title and is not affected by any recognized environmental conditions (i.e., hazards). Therefore, Staff recommends preparing a Preliminary Title Report and completing a Phase 1 Environmental Site Assessment of the property as a part of the City's "due diligence" review prior to accepting the donation. The estimated cost of the title report would be $2,500 and the estimated cost of the Phase 1 study would be $5,000. Since these expenditures were not included in the FY 2013-14 budget, Staff has prepared the attached resolution approving a budget adjustment in the amount of $8,100. ADDITIONAL INFORMATION Contingent upon the City Council's decision tonight, the Planning Commission is scheduled to consider the consistency of accepting the donation Ms. Werner's property with the City's General Plan on December 10, 2013. CONCLUSION In conclusion, Staff recommends that the City Council authorize the City Manager to accept the donation of Ms. Werner's vacant property in the Cherry Hill Lane area (APN 7572-004-002); and approve a budget adjustment to pay for the cost of the current property taxes and "due diligence" review for the vacant property to be donated to the City from the City's General Fund. ALTERNATIVES If the City Council decides not to accept Ms. Werner's offer of donation, the.re is no need to take action on this item, other than to receive and file. FISCAL IMPACT The recommended action will result in a City expenditure of $8, 100. Since this expenditure is not budgeted in the City's current FY 2013-14 budget, a budget adjustment is necessary. The proposed budget adjustment would allocate $8, 100 from the City's General Fund to the Land account within the City Manager's budget. Prior to this adjustment, the estimated June 30, 2014, General Fund balance is $9,859, 180, which is $11,971 over the Reserve Policy threshold. The City Attorney's Office will draft G-2 MEMORANDUM: Budget Adjustment for Acceptance of Property Donation November 19, 2013 Page3 the deed and other documents needed to effectuate the transfer of the property to the City, the cost of which will be borne under the current FY 2013-14 City Attorney's budget. Attachments: • Draft Resolution No. 2013- • Letters from Maureen Werner (received October 15, 2013 & October 24, 2013) • Property information and map for APN 7572-004-002 M:\Property Purchases\APN 7572-004-002 (Cherry Hill Ln)\20131119_StaffRpt_CC.docx G-3 RESOLUTION NO. 2013-_ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION NO. 2013-43, THE BUDGET APPROPRIA- TION FOR FISCAL YEAR 2013-14, FOR A BUDGET ADJUSTMENT 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 18, 2013, the City Council of the City of Rancho Palos Verdes adopted Resolution No. 2013-43, approving a spending plan and authorizing a budget appropriation for the 2013-2014 fiscal year; and, WHEREAS, the City Council has directed Staff to accept the donation of a vacant property in the Cherry Hill Lane area (Assessor's Parcel No. 7572-004-002), which requires the City pay the current property taxes and to prepare a Phase 1 Environmental Site Assessment and a Preliminary Title Report for the property as a part of its "due diligence" review prior to acceptance; and, WHEREAS, a budget increase in the City Manager Program of the General Fund is necessary to pay for the cost of the property taxes and "due diligence" review. NOW BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustment(s) be made to the following fund(s): GENERAL FUND: City Manager -Land 101-1002-411-71-00 $ 8,100 PASSED, APPROVED, AND ADOPTED THIS th DAY OF NOVEMBER 2013. 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. 2013-_ was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on November_, 2013. City Clerk M:\Property Purchases\APN 7572-004-002 (Cherry Hill Ln)\20131119_Reso_CC.docx G-4 j ' 1 . I . I i --~ G-5 G-6 RealQuest.com ® -Report Page 1of1 Property Detail Report For Property Located At : , RANCHO PALOS VERDES, CA 90275 CoreLo~lc< RealOtH?st Professional Owner Information Owner Name: Mailing Address: Vesting Codes: Location Information Legal Description: County: Census Tract I Block: Township-Range-Sect: Legal Book/Page: Legal Lot: Legal Block: Market Area: Neighbor Code: Owner Transfer Information Recording/Sal~ Date: Sale Price: Document#: Last Market Sale Information Recording/Sale Date: Sale Price: Sale Type: Document#: Deed Type: Transfer Document#: New Construction: Title Company: Lender: Seller Name: Prior Sale Information Prior Rec/Sale Date: Prior Sale Price: Prior Doc Number: Prior Deed Type: Property Characteristics Year Built I Eff: I Gross Area: Building Area: Tot Adj Area: Above Grade: # of Stories: Other Improvements: Site Information Zoning: Lot Area: RPOH&E* 21,339 WERNER MAUREEN T 20126 GOLDEN HILLS BLVD, TEHACHAPI CA 93561-7815 H051 II TRACT NO 14118 LOT 46 AND LOT COM AT NE COR OF LOT 45 BLK 1THS86 DEG 51M1N20 SEC W 202.73 FT TH S 74 DEG 29 M1N 32 SEC W 25 FT TH NON W L 1NE LOT 45 LOS ANGELES, CA APN: 7572-004-002 6706.02 / Alternate APN: 306-34 45 1 169 02/19/1997 / 258172 QUIT CLAIM DEED TUFFLI TELL D;VIRGINIA H Total Rooms/Offices Total Restrooms: Roof Type: Roof Material: Construction: Foundation: Exterior wall: Basement Area: Acres: Lot Width/Depth: Subdivision: Map Reference: Tract#: School District: School District Name: Munic/Township: Deed Type: 1st Mtg Document#: 1st Mtg Amount/Type: 1st Mtg Int. Rate/Type: 1st Mtg Document#: 2nd Mtg Amount/Type: 2nd Mtg Int. Rate/Type: Price Per Sq Ft: Multi/Split Sale: Prior Lender: Prior 1st Mtg Amt/Type: Prior 1st Mtg Rate/Type: Garage Area: 14118 77-F3 / 14118 PALOS VERDES PENINSU Garage Capacity: 0.49 x Parking Spaces: Heat Type: AirCond: Pool: Quality: Condition: County Use: State Use: VACANT RESIDENTIAL (010V) Land Use: RESIDENTIAL LOT Commercial Units: Water Type: Site Influence: Sewer Type: Tax Information Total Value: $14,500 Assessed Year: Land Value: $14,500 Improved%: Improvement Value: Tax Year: Total Taxable Value: $14,500 Building Class: 2013 Property Tax: TaxArea: 2012 Tax Exemption: $595.10 7148 file:///C:/U sers/kitf/ AppData/Local/Microsoft/Windows/Temporary%20Internet%20Files... 10/10/2013 G-7 151-2. . 4 .. ~ t~=~=~g-~~-=i 0 I / / I \ I I' B5 @ ~­!~-)- , , , , , , , --r ....,,. 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