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HomeMy WebLinkAboutMINUTES - 07202004 - C.67 TO: BOARD OF SUPERVISORS FROM: DENNIS M. BARRY, CONBI 4UTNITY DEVELOPMENT DEPARTMENT DIRECTOR DATE: July 20, 2004 c,,477 SUBJECT: Approve and Authorize Acceptance of Payment and Execution of Quitclaim Deed (222 Portola Drive,Danville SPECIFIC REQLEST(S)OR RECOMMENDATIONS)&BACKGROUND AND JUSTIFICATION j, lRecommendpd Action: A. APPROVE and AUTHORIZE the Community Development Department to accept payment in the amount of$29,796 from..Kaoru Amy Hatsushi; and B. AUTHORIZE the Community Development Department Director to execute a quitclaim deed on behalf of the County releasing all of the County's right, title and interest in the property located at 222 Portola Drive, Danville, and deliver the quitclaim deed into escrow with Placer Title Company in Pleasanton, California. II. Financial Tmnaet: The Community Development Department will receive the sum of$29,796, which the department intends to use to further the goals of the County's affordable housing program. M. Reasons for_Recommendations and Raekgraund: The County has agreed to settle its claim against Ms. Hatsushi arising as a result of Ms. Hatsushi's breach of the Buyer's Purchase Agreement she signed when she purchased the property located at 222 Portola Drive in Danville. Under the terms of the settlement, Ms. Hatsushi will pay the County the sum of$29,796 and the County will execute a quitclaim deed releasing all of its right,title and interest in the property. IV. Consequences of Negativ . Action: The County will be unable to complete the settlement previously approved by the Board. Continued on Attachment:._._. SIGNATURE:, L-RECOMMENDATION OF COUNTY ADMINISTRATOR ._.RECOMiENDATION OF BOARD COMMITTEE "PROVE TAEIt SIGNATURE (S): ACTION OF BO ON APPROVED AS RECOMMENDED OTHER V VOTE,OF SUPERVISORS UNANIMOUS{ABSENT mnt } i hereby certify that this is a true and correct AYES: NOES: copy of an action taken and entered on the ABSENT: ABSTAIN: minutes of the Board of Supervisors on the date shown. PsZ;,jz // f/ G:',Grt.Data\Rea�rop\2002-Files\BOs&RES�0.02Tosco Corp.doc ATTESTED:- QA ["�-gt'�O-A Ctig.County Counsel jOHN SWEETEN, Clerk of the Board of Contact. Pamela yAdmi33trator} Supervisors and County Administrator cc: County Administrator � Auditor-Cove oller(via R/P) Community Development Department BY.�— Deputy County Counsel Board Orders Senio:Clerk,Adm.. Recorded at the request of: Return to: QUITCLAIM DEED For Value. Received, CONTRA COSTA COUNTY, a political subdivision of the State of California, Does hereby remise, release and forever quitclaim to KAORU AMY HATSUSHI, a married woman, All of its right, title and interest in the property located at 222 Portola Drive, Danville, California, under that certain Buyer's Purchase Agreement for Affordable Units Somerset Homes Development recorded in the official records of Contra Costa County on June 24, 1994 , Instrument Number 94-166524. GRANTOR: CONTRA COSTA COUNTY, a political subdivision of the State of California Date By: Dennis M. Barry, Community Development Department Director By: ATTACK APPROPRIATE ACIC OWLEDGAIENT Pjzjz H:1Comunity Development\222 Portola Quitclaim heed