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HomeMy WebLinkAboutAgenda Statement 1984/04/10 Item 22 COUNCIL AGENDA STATEMENT Item fit✓ ��✓ Meeting Date 4 4 ITEM TITLE: Resolution //5'J Releasing a lien against the property located on the east side of Ray Boulevard south of "E" Street. SUBMITTED BY: City Engineer' d- I (4/5ths Vote: Yes No x ) REVIEWED BY: City Manage A recent title search of the property on the east side of Bay Boulevard, south of "E" Street, revealed the existence of a $9,500 lien against the property. This property was formerly owned by Harding Campbell. In 1971 , Mr. Campbell was granted a deferral of the requirement to install public improvements along the frontage of his property. A lien was placed against the property to guarantee the future installation of these improvements. Since that time, the improvements have been constructed. The lien may now be released. RECOMMENDATION: That the Council adopt the subject resolution and release the lien. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: In 1970, the owner of the 3.5 acre parcel on the southeast corner of "E" Street and Bay Boulevard, Mr. Harding C. Campbell , applied for a building permit on the property. In accordance with the City Code, Mr. Campbell was required to install public improvements on "E" Street and Bay Boulevard frontages. He applied to the Planning Commission to have this requirement deferred. In February 1971 , the Planning Commission considered and approved the deferral request. Mr. Campbell was required to enter into a deferral agreement with the City and post a guarantee for the future installation of the improvements. As a guarantee, he consented to a lien in the amount of $9,500.00 being placed against the property. This deferral and lien agreement was approved by adoption of Council Resolution No. 5961 on February 23, 1971 . Since that time, the subject property has been redeveloped with the addition of Anthony' s Restaurant, Days Inn Motor Hotel and El Torito Restaurant. All the street improvements which were required to be installed in 1971 have been completed. There is no longer a need to have the existing lien against the property. (Properties affected: Assessor's Parcel Nos. 567-021-29, 567-021-38, and 567-021-37). Adoption of the subject resolution will rescind nril Rocnlutinn Mn_ and release the lien. •mac ?e_ A transparency is available for Council viewing. FISCAL IMPACT: None. by tine C`.y JWH:fp WPC 0963E �y'- d __. _3 — � �... ;.� ■i