HomeMy WebLinkAbout1985-07-23; Housing & Redevelopment Commission; 44; Grant Deed for Roosevelt St. PropertyHOUSING AND --= -DEVELOPMENT COMMISS h - AGENDA BILL . .
AB# 44 TITLE: ACCEPTANCE OF GRANT DEED FOR
MTG. 7123185 ROOSEVELT STREET PROPERTY -
DEPT. RED DOWNTOWN PARKING LOT CITY MGR.adL
RECOMMENDED ACTION:
Housing and Redevelopment Commission adopt Resolution No. 50 accepting
a Grant Deed for property located at 2930 Roosevelt Street. -
ITEM EXPLANATION
At its meeting of June 18, 1985, the Housing and Redevelopment Commission
reviewed the terms and conditions for the acquisition of Mr. David Thompson’s
property on Roosevelt Street. Housing and Redevelopment Commission adopted
Resolution No. 48 directing staff to take the steps necessary to complete
the acquisition. This process has now been completed. A letter of imminent
domain was included in the negotiated settlement.
Housing and Redevelopment Commission is asked to accept the Grant Deed
for the property located at 2930 Roosevelt Street. (Assessor’s Parcel #Is
203-304-2,3,4, & 5.)
FISCAL IMPACT
Purchase price and improvements total $600,000 ($537,500 land cost and
$62,500 for parking lot construction). This amount will be loaned to Carlsbad
Redevelopment Agency to be repaid at an interest rate of 10%.
The Agency will have sufficient cash flow to provide the repayment during
1985-86.
EXHIBIT
1 - Resolution No. 50
2 - Grant Deed
3 - Letter of Imminent Domain
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RESOLUTION NO. 50
A RESOLUTION OF THE HOUSING AND REDEVELOPMENT COMMISSION OF THE CITY OF CARLSBAD, CALIFORNIA, ACCEPTING A GRANT DEED.
WHEREAS, David Thompson and Karen Thompson, husband and
wife, have submitted a Grant Deed conveying real property to the
City of Carlsbad Redevelopment Agency; and
WHEREAS, the Housing and Redevelopment Commission of the
City of Carlsbad has determined to be in the public interest
to accept said Deed:
NOW, THEREFORE, BE IT RESOLVED by the Housing and
Redevelopment Commission of the City of Carlsbad, California,
as follows:
1.
2.
3.
4.
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That the above recitations are true and correct.
That the sum of $537,500 is to be paid to David and Karen Thompson as valuable consideration for said real property.
That the Grant Deed from David Thompson and Karen Thompson, dated July 18, 1985, conveying real property to the City of Carlsbad Redevelopment Agency for public purposes, which is on file with the City Clerk and is incorporated herein by reference, is accepted.
That the City Clerk is authorized to cause the original Deed to be recorded in the Office of the County Recorder of San Diego County, State of California, with the appropriate Certificate of Acceptance attached.
PASSED, APPROVED AND ADOPTED at a special meeting of the
Housing and Redevelopment Commission of the City of Carlsbad,
held on the 23rd day of July, 1985, by the following vote, to
wit:
AYES: Cc4nnissiozrs Casler, Lewis, Kukhin, Chick andPettirle
NOES: None
ABSENT: None
ATTEST:
ALETHA L. RAUTENKRANZ, City 6lerk
(SEAL)
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Order-No. 904404-18
’ &row NO.
Loan No.
WHEN RECORDED MAIL TO:
CITYOFCARZ=D 2955 #B Roosevelt Street Carl&ad. California 92008
A!mEm1m: PATIY
MAIL TAX STATEMENTS TO:
sAMEAsABwE
203-304-02, 03, 04, 05
L SPACE ABOVE THIS LINE FOR RECORDER’S USE
WaJMENTARY TRAWFER TAX $ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . Computed on the consideration or value of proporty conveyed; OR
. . . . . . Computad on the consideration or value isss liens or encumbrancss
remaining at time of sale.
Signauro of Do&rant or Agent dmrlnining tax - Firm Name
GRANT DEED
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
hereby GRANT(S) to
THECITYOF CARXBADREDEVELOPMENT AGENCY
the real property in the City of Carlsbad
County of , State of California, described as
L&s 9, 10, 11, 12, 13 and 14 in Block 38 of CARISEIAD TW?NSITE, in the City of Carl&ad County of San Diego, State of California, according to Map thereof No. 535 filed in the Office of the County Recorder of said San Diego County, May 2, 1888 and Map No. 775 filed in the Office of the County Recorder of said San Diego County.
Dated
before me, the undersigned, a Notary Putk in and fr,r sir’ State, F:.--
qJ#c,h 0 sonallyappeared _ --
LG%--?!sJ 7 f-1 d n4 , .-
personally known to me (or proved to me on the basis of satisfactory
evidence) to be the penon whose name(s) is/are subscribed to the
(This area for official notarial sad)
MAIL TAX STATEMENTS AS DIRECTED ABOVE
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CERTIFICATION FOR ACCEPATANCE OF DEED
This is to certify that the interest in real property
conveyed by the deed or grant dated July 18, 1985
from David Thompson and Karen Thompson
to the City of Carlsbad Redevelopment Agency, is hereby
accepted by the Housing and Redevelopment Commission of
the City of Carlsbad, California, pursuant to Resolution
No. 50 I and the grantee consents to the recordation
thereof by its duly authorized officer.
DATED: July 24, 1985
BY: /'-- Aletha L. Rautenkranz City Clerk
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HOUSING AND REDEVELOPMENT
COMMISSION
REDEVELOPMENT OFFICE 2965 Roosevelt Street Suite B Carlsbad, CA 92008
(619) 438-5593
July 10, 1985
David Thompson 2930 Roosevelt Carlsbad, CA. Street 92008
RE: Acquisition of 2930 Roosevelt Street Parcel Nos. 203-304-2,3,4 and 5.
Dear Mr. Thompson:
On June 18, 1985, the City Council of the City of Carlsbad and the Carlsbad Redevelopment Commission approved the purchase of the above referenced property to be utilized for public purpose.
Please be advised that if you should fail to sell the property on negotiated basis the Redevelopment Commission will exercise its power of imminent domain to acquire the property.
Please contact the undersigned at your earliest convenience, but in no event no later than July 15, 1985, to discuss the terms of the sale.
Housing and Redkelopment Commission
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