HomeMy WebLinkAboutMINUTES - 02112003 - C83 TO: REDEVELOPMENT AGENCY
FROM: John Sweeten,
Executive Director
DATE: February 11, 2003
SUBJECT: Acquisition of Tax Defaulted Properties, North Richmond and Bay Point
Redevelopment Projects
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
APPROVE and AUTHORIZE the Redevelopment Director, or his designee, to execute the
appropriate documents to acquire three defaulted residential properties; two in the North
Richmond and one in the Bay Point Redevelopment Project Areas.
FISCAL IMPACT
No impact on the General Fund.The total minimum bid price $13,000, plus applicable processing
costs, for the two properties in North Richmond and $17,000, plus processing costs, for the
property in Bay Point. The acquisition costs will be funded by the Housing Set-Aside tax increment
funds for each Project Area and is included in each adopted budget.
BACKGROUND/REASONS FOR RECOMMENDATIONS
The Redevelopment Agency objects to the public sale of three tax defaulted properties within the North
Richmond and Bay Point unincorporated communities pursuant to Revenue and Taxation Code 3695
and 3695.4.The three properties in question are:(1)item 58;096-043-031,$17,000 inimum bid, 116
Solano Avenue, Bay Point;(2)item 63;409-132-015,$6,500 minimum bid,6#' r , North Richmond;
CONTINUED ON ATTACHMENT: X YES SIGNATURE: ,
ECOMMENDATION OF COUNTY ADMINIST R/EXEC)drVE DIRECTO
RECOMMENDATION OF BOARD/AGENCY COMMIT AID ROVE OTHER
SIGNATURES
ACTION'OF BO OF SUPERVISORSIREDEV T AGENCY ON Feb 11, 2003
APPROVED A COMMENDED x OTHER
VOTE OF SUPERVISORS/COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
x UNANIMOUS (ABSENT III ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
SU PERVISORSiREDEVELOPMENT
AGENCY ON THE DATE SHOWN.
Source: Beth Lee
335-1256
cc: Community Development ATTESTED February 11, 2103
Redevelopment Agency JOHN SWEETEN, CLERK OF
County Administrator's Office THE BOARD OF SUPERVISORS/
County Counsel AGENCY SECRETARY
r,
B —, DEPUTY
U
and (3) item 64; 409-261-015, $6,500 minimum bid, 0 Street, North Richmond
These properties would be used for affordable in-fill housing opportunities,consistent with the adopted
policies for the North Richmond and Say Point Redevelopment Project Areas. The Redevelopment
Agency will acquire these parcels for the minimum bid price plus any applicable processing costs
(estimated at a maximum of$400 per parcel).