HomeMy WebLinkAbout2024-036 Purchase of Tax-Defaulted Property for Drainage Purposes (APN 378-030-027)RESOLUTION NO. 2024-36
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,
CALIFORNIA, APPROVING THE ACQUISITION OF ONE RIVERSIDE COUNTY
TAX-DEFAULTED PROPERTY FOR THE APPROXIMATE PURCHASE PRICE
OF $90,887.19 PLUS ASSOCIATED ADMINISTRATIVE COSTS FOR
ASSESSOR PARCEL NUMBER 378-030-027
Whereas, the City of Lake Elsinore expresses interest in acquiring tax-defaulted property
from the County of Riverside, California under Chapter 8 of the State Revenue and Taxation
Code; and
Whereas, the tax-defaulted property is located within the City of Lake Elsinore, as shown
on Exhibit A, attached; and
Whereas, the intended purpose of acquisition for the tax-defaulted property identified as
Assessor Parcel Number 378-030-027 located on Collier Avenue north of Riverside Dr./HWY 74
in the amount of $90,887.19 is for the planned construction of a storm drain discharge point to
reduce flooding in the area; and
Whereas, in addition to the total purchase price of $90,887,19 for the property, the cost
for the Notice of the Agreement to Purchase Tax-Defaulted Property shall be paid by the City of
Lake Elsinore.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, DOES
HEREBY RESOLVE, DETERMINE, AND ORDER AS FOLLOWS:
Section 1. Interest to Acquire. The City of Lake Elsinore expresses interest in acquiring
the tax-defaulted property shown in Exhibit A, attached.
Section 2. Authority to Proceed. The City Manager is authorized to proceed with the
acquisition and execute all related documents including an Agreement to Purchase Tax-Defaulted
Property through the County of Riverside Treasurer-Tax Collector (Attached as Exhibit A)
Section 3. Effective Date. This Resolution shall take effect immediately upon its adoption.
Section 4. The City Clerk shall certify to the adoption of this Resolution and enter it into
the book of original Resolutions.
Passed and Adopted at a regular meeting of the City Council of the City of Lake Elsinore,
California, this 9th day of July 2024.
Steve Manos
Mayor
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CC Reso. No. 2024-36
Page 2 of 2
Attest:
Candice Alvarez, MMC
City Clerk
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF LAKE ELSINORE )
I, Candice Alvarez, MMC, City Clerk of the City of Lake Elsinore, California, do hereby certify that
Resolution No. 2024-36 was adopted by the City Council of the City of Lake Elsinore, California,
at the Regular meeting of July 9, 2024 and that the same was adopted by the following vote:
AYES: Council Members Sheridan, Johnson and Magee; Mayor Pro Tem Tisdale; and Mayor
Manos
NOES: None
ABSENT: None
ABSTAIN: None
Candice Alvarez, MMC
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City of Lake Elsinore
Resolution No. 2024-
Exhibit A
APN Redemption Amount
378030027 $90,887.19
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