HomeMy WebLinkAbout0013_3_Cottage Lane - Exhibit B Letter from County 12.15.16JON CHRISTENSEN
ASSISTANT TREASURER -TAX COLLECTOR
DEBBIE BASHE
INFORMATION TECHNOLOGY OFFICER
GIOVANE PIZANO
INVESTMENT MANAGER
KIEU NGO
FISCAL MANAGER
December 15, 2016
DON KENT
TREASURER
City of Lake Elsinore,
a municipal corporation within Riverside County, as a Taxing Agency
Attn: Grant Taylor
130 South Main Street
Lake Elsinore, CA 92530
Re: Assessment Number 379050024-4
Dear Mr. Taylor:
MATT JENNINGS
CHIEF DEPUTY TREASURER -TAX COLLECTOR
MELISSA JOHNSON
CHIEF DEPUTY TREASURER -TAX COLLECTOR
ADRIANNA GOMEZ
ADMINISTRATIVE SERVICES MANAGER 1
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RL:.: F1 LJ
DEC 19 2016
CITY OF U -;1 SINORE
PLAT NIN:-
We are in receipt of your inquiry regarding acquiring tax -defaulted property.
The above referenced tax -defaulted parcel may be acquired by the City of Lake Elsinore, a municipal
corporation within Riverside County, as a Taxing Agency under a Chapter 8 Agreement to Purchase Tax -
Defaulted Property for the minimum purchase price as follows:
Assessment Number Purchase Price
379050024-4 $33,878.50
This purchase price was determined in keeping with Section 3793.1 of the California Revenue and Taxation
Code and Riverside County Office of the Treasurer -Tax Collector policy number 98-1. You may also
purchase this parcel through a Chapter 7 Auction.
Property taxes may be applied to parcels that are outside the City of Lake Elsinore, a municipal
corporation within Riverside County, as a Taxing Agency's purchasing boundaries. Please verify with
your legal council that the parcel is within your purchasing boundaries.
In order for the City of Lake Elsinore, a municipal corporation within Riverside County, as a Taxing
Agency to enter into an Agreement to Purchase this parcel, we would need a Resolution from your City
Council. The Resolution should show an offer to purchase the property, including the purchase price,
legal description, Assessor's 10 digit parcel number, and the specific public purpose for which the parcel
is to be devoted. It should also include a statement that the costs of giving notice shall be paid by the City
of Lake Elsinore, a municipal corporation within Riverside County, as a Taxing Agericy. 1.1 audition
to the Resolution, the State now requires a separate Mission Statement to be submitted as part of the
Agreement. This must be on official letterhead.
Notice of the Agreement to Purchase Tax -Defaulted Property must be given. Pursuant to Section 3799 of
the California Revenue and Taxation Code, the Tax Collector shall make reasonable efforts to ascertain
the identity and address of parties of interest. Notifications of the pending sale to the parties of interest
must be sent by registered mail and/or certified mail. Also, in compliance with California Revenue and
Taxation Code 3800, the cost of giving notice shall be paid by the City of Lake Elsinore, a municipal
corporation within Riverside County, as a Taxing Agency.
Notice of the Agreement to Purchase Tax -Defaulted Property will also be published in the Press Enterprise
newspaper in accordance with Section 3798 of the California Revenue and Taxation Code. Should the
Agreement to Purchase be nullified after the first publication, the City of Lake Elsinore, a municipal
corporation within Riverside County, as a Taxing Agency would still be responsible for the publication
costs incurred.
COUNTY OF RIVERSIDE, TREASURER -TAX COLLECTOR
4080 LEMON STREET, 4TH FLOOR * P.O. BOX 12005 * RIVERSIDE, CALIFORNIA 92502
WWW.COUNTYTREASURER.ORG * (951) 955-3900 * 1 (877) 748-2689 * FAX (951) 955-3923
City of Lake Elsinore,
a municipal corporation within Riverside County, as a Taxing Agency
Page 2
December 15, 2016
We would appreciate receiving the Resolution to purchase this property from your Council by February 1,
2017 to ensure that we have time to review the Resolution for any changes required and to pull the
property from the tax sale, if needed. It would be advisable to contact our office and confirm that the
Resolution has been received; Properties scheduled to be sold at auction will not be removed from
the public auction tax sale unless your Resolution has been received in our office no later than
April 26, 2017.
Once the Resolution has been received by our office, an Agreement to Purchase Tax -Defaulted Property will
be prepared and sent to you for signing. Once you have signed and returned the Agreement to us, we will
obtain authorization from our Board of Supervisors and from the State Controller. Upon authorization by the
State Controller's Office, we will proceed by setting the effective date of the Agreement, ordering the title
report, preparing the certified mailing to all parties of interest and the 3 week published notification in the
newspaper. Once these steps have been completed and if the property has not been redeemed or removed
for legal reasons, correspondence will be sent to you requesting that payment be sent within 14 days of the
effective date of the Agreement. Should payment not be received within the time allowed the Agreement
would be void.
If your City Council decides against offering to purchase this parcel, we would appreciate a letter stating
that fact in order to close our file on this matter. Should you elect not to purchase by Chapter 8
Agreement, the law does not restrict you from bidding on the property at public auction.
If you have any further questions regarding this matter, please feel free to contact me.
Yours truly,
Michelle Bryant August
Tax Sales Operations Unit
(951)955-3948
COUNTY OF RIVERSIDE, TREASURER -TAX COLLECTOR
4080 LEMON STREET, 4TH FLOOR * P.O. BOX 12005 * RIVERSIDE, CALIFORNIA 92502
WWW.COUNTYTREASURER.ORG * (951) 955-3900 * 1 (877) 748-2689 *FAX (951) 955-3923