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MOORPARK CITY COUNCIL
AGENDA REPORT
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Honorable City Council
Nancy Burns, Senior Management Analyst tq.b'-
March 13, 2003 (CC Meeting of March 19, 2003)
Subject: Consider Resolution Authorizing the Sale of 284
Charles Street
DISCUSSION
The City acquired property at 284 Charles Street on October 11,
1999, through tax default of the former owner. A replacement
house has been constructed on this property, per terms of an
Agreement of Purchase and Sale between the Redevelopment Agency
and the property owner at 661 Magnolia Street. The latter
property is needed for construction of the proposed fire station
on High Street.
Escrow has been opened to finalize the purchase and sale
described above and is now ready to close. The City will be
transferring ownership of 284 Charles Street to the
Redevelopment Agency which, in turn will exchange the improved
property with the property owner for the 661 Magnolia Street and
$1.00.
STAFF RECOMMENDATION
1. Approve Resolution No. 2003- , authorizing the transfer
of 284 Charles Street, Moorpark, California, to the
Moorpark Redevelopment Agency for subsequent sale to the
property owner of 661 Magnolia.
2. Direct the City Manager to request reconveyance of the
City's interest in this property.
00�,;Z40
RESOLUTION NO. 2002 -
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, AUTHORIZING THE SALE
OF CERTAIN REAL PROPERTY DESCRIBED AS 284
Charles Street, APN 512 -0- 093 -070
WHEREAS, the City of Moorpark, a municipal corporation,
wishing to encourage the availability of Affordable Housing for
low income households within the City, purchased said property
through tax default on October 11, 1999, in order to resell the
unit to a low income household; and
WHEREAS, the Moorpark Redevelopment Agency will purchase
the property at 661 Magnolia Street, in order to facilitate the
construction of a fire station on High Street; and
WHEREAS, in order to provide a replacement dwelling for the
low income household being displaced in the above action, the
Redevelopment Agency has caused to be constructed upon 284
Charles Street a replacement dwelling of approximately the same
size as that dwelling at 661 Magnolia Street.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:'
SECTION 1. The real
resolution consists of 284
as described on Exhibit
incorporated herein, and
Exhibit "B" which is al
herein.
property that is the subject of this
Charles Street, APN 512 -0- 093 -070 and
"A" which is attached hereto and
as more particularly depicted on
so attached hereto and incorporated
SECTION 2. The City Council hereby declares its intention
to transfer its interest in 284 Charles Street to the Moorpark
Redevelopment Agency for subsequent sale by the Agency to the
present owner of 661 Magnolia Street.
SECTION 3. The City Manager shall request reconveyance of
the City's interest in said real property.
SECTION 5. This resolution shall become effective
immediately upon its adoption.
O�J'%,241
Resolution No. 2002 -
Page 2
SECTION 6. The City Clerk shall certify to. the adoption
of this resolution and shall cause a certified resolution to be
filed in the book of original resolutions.
PASSED AND ADOPTED this 19th day of March, 2003.
Patrick Hunter, Mayor
ATTEST:
Deborah S. Traffenstedt, City Clerk
Attachments: Exhibit "A"
Exhibit "B"
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Resolution No. 2002 -
Page 3
Exhibit "A"
Map
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CITY OF MOOORPARK
Assessor's Map 8k, 512 , Pg 09
County of Ventura, Calif
Resolution No. 2002 -
Page 4
Exhibit "B"
Legal Description
SAID LAND IS SITUATED IN THE COUNTY OF VENTURA, STATE OF
CALIFORNIA AND IS DESCRIBED AS FOLLOWS:
THE NORTH 100 FEET OF LOT 15, BLOCK "E ", TOWN OF MOORPARK,
COUNTY OF VENTURA, STATE OF CALIFORNIA, AS SAID LOT IS
DESIGNATED AND DELINEATED UPON THAT CERTAIN MAP ENTITLED `'MAP OF
A PART OF TRACT "L" OF RANCHO SIMI, VENTURA COUNTY, SHOWING THE
TOWNSITE OF MOORPARK AND LANDS OF MADELINE R. POINDEXTER, A
RESUBDIVISION OF FREMONT TRACT ", AND RECORDED IN BOOK 5 PAGE 5
OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.
2. 44