RPVCCA_SR_2010_06_15_08_Cherry_Hill_Lane_Property_PurchaseMEMORANDUM
TO:
FROM:
DATE:
SUBJECT:
REVIEWED:
HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
CAROLYNN PETRU,DEPUTY CITY MANAGE~
JUNE 15,2010
RESOLUTION FOR CHERRY HILL LANE TAX-DEFAULTED
PROPERTY PURCHASE
CAROLYN LEHR,CITY MANAGER Q5L
RECOMMENDATION
ADOPT RESOLUTION NO.2010-_,A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF RANCHO PALOS VERDES AUTHORIZING THE PURCHASE OF TAX-
DEFAULTED PROPERTY FROM THE LOS ANGELES COUNTY TAX COLLECTOR
LOCATED AT 43 CHERRY HILL LANE IDENTIFIED AS APN 7572-004-022,
PURSUANT TO CHAPTER 8 AGREEMENT NO.2637.
DISCUSSION
On December 2,2008,the City Council authorizing the Mayor and City Clerk to sign an
Agreement to Purchase Tax-Defaulted Property to acquire a .64-acre vacant parcel
located at 43 Cherry Hill Lane.The subject property is located north of Palos Verdes
Drive South,west of Peppertree Drive and east of Portuguese Canyon,and is identified
as Assessor's Parcel Number 7572-004-022.On December 11,2008,the City
submitted the necessary paperwork associated with Chapter 8 Agreement No.2637 to
the County.
On June 3,2010,staff was notified that the Chapter 8 Agreement became effective on
May 27,2010,thereby requiring the City to submit payment of $5,268.95 for the
property by June 18,2010.One of the requirements to complete the transaction is a
City Council resolution authorizing the purchase of the property.A draft resolution is
attached for Council's consideration.
Attachment:
Resolution No.2010-_;
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RESOLUTION NO.2010-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES
AUTHORIZING THE PURCHASE OF TAX-DEFAULTED PROPERTY FROM THE LOS
ANGELES COUNTY TAX COLLECTOR LOCATED AT 43 CHERRY HILL LANE AND
IDENTIFIED AS APN 7572-004-022 PURSUANT TO CHAPTER 8 AGREEMENT NO.2637
WHEREAS,on December 2,2008,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 .64-acre vacant parcel located in the active Portuguese
Bend Landslide area on the north side of Palos Verdes Drive South,between Peppertree Drive
on the west and Portuguese Canyon on the east;and,
WHEREAS,on December 11,2008,the City submitted the paperwork associated with
Chapter 8 Agreement No.2637 to the County of Los Angeles Treasurer and Tax Collector for
the purchase of the 43 Cherry Hill Lane property identified as APN 7572-004-022;and,
WHEREAS,the City was recently informed by the County that the City Council's
resolution must reference the sUbject property's Assessors Parcel Number.
NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES DOES HEREBY FIND,DETERMINE AND RESOLVE AS FOLLOWS:
Section 1:That acquisition of the property known as APN 7572-004-022 by the City of
Rancho Palos Verdes would increase the City's access from Cherry Hill Lane to the bottom of
Portuguese Bend Canyon where there are existing drainage improvements.Maintenance of
existing and future drainage improvements is critical to the effectiveness of landslide abatement
efforts in the area.Further,the property directly abuts the City's Palos Verdes Nature Preserve
and the active use area within the Preserve that has been designated for a Gateway Park and
Equestrian Center.City ownership of this property could potentially assist with future efforts to
develop public equestrian and pedestrian trails through the area.
PASSED,APPROVED,and ADOPTED this 15th day of June 2010.
Mayor
ATTEST:
City Clerk
State of California
County of Los Angeles
City of Rancho Palos Verdes
)
)ss
)
I,Carla Morreale,City Clerk of The City of Rancho Palos Verdes,hereby certify that the above
Resolution No.2010-,was duly and regularly passed and adopted by the said City Council at
regular meeting thereof held on June 15,2010.
City Clerk
Resolution No.2010-
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