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HomeMy WebLinkAboutReso 116-1988 RESOLUTION NO. 116-88 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING THE PURCHASE OF TAX DEFAULTED PROPERTY (SYLVESTER ROAD, PARCEL NO. 015-031-160) WHEREAS, the County of San Mateo has notified the City of South San Francisco that a certain property on Sylvester Road is available for purchase; and WHEREAS, the City is interested in acquiring the property, which is located within the proposed Downtown/Central Redevelopment Project; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco, that it authorizes the purchase of Assessor's Parcel No. 015-031-160 and authorizes the Mayor to execute the "Agreement to Purchase Tax Defaulted Property". I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a regular meeting held on the 24th,day of August , 1988, by the following vote: AYES: NOES: ABSTAIN: Councilmembers Mark N. Addieqo, Richard A. Haffey, Gus Nicolopulos, Roberta Cerri Teqlia, and Jack Draqo None None ABSENT: None AGREEMENT TO PURCHASE TAX-DEFAULTED PROPERTY This Agreement is made this the Board of Supervisors of and day of San Mateo the City of South San Francisco .19 _ . by and between County. State of California. ("PURCHASER"), pursuant to the provisions of Division 1, Part 6, Chapter 8, of the Revenue and Taxation Code. The real property situated within said county, hereinafter set forth and described in Exhibit "A" attached hereto and made a part hereof, is tax-defaulted and is subject to the power of sale by the tax collector of said county for the nonpayment of taxes, pursuant to provisions of law. It is mutually agreed as follows: 1. that as provided by Section 3800 of the Revenue and Taxation Code, the cost of giving notice of this agreement shall be paid by the PURCHASER, and 2. that the PURCHASER agrees to pay the sum of $ 157.00 for the real property described in Exhibit "A" within ~0 days after the date this agreement becomes effective. Upon payment of said sum to the tax collector, the tax collector shall execute and delivera deed conveying title to said property to PURCHASER. , ,,is agreement shall be null and void if all or any portion of the property is redeemed prior to the effective date of this agreement. This agreement shall also become null and void and the right of redemption restored upon the PURCHASER'S failure to comply with the term and conditions of this agreement. Time is of the essence. §§ 3791. 3791.3. 3793 R & T Code TDL 8-13 {4/86) A:I'TEST: (Purchaser) (seal) ATTEST: Clerk of the Board of Supervisors By By BOARD OF SUPERVISORS San Mateo Deputy Chalrrnan (seal) COUNTY Pursuant to the provisions of Section 3775 of the Revenue and Taxation Code the governing body of the City of c, oud-h C;nn Francisco A.__TTEST: By ~~~City Cler'k~ Deputy (seal) hereby agrees to the selling price as provided in this agreement. CITY OF Sou,~San Francisco This agreement was submitted to me before execution by the board of supervisors and I have compared the same with the records of San M~-I-~ County relating to the real property described therein. San Mateo County Tax Collector Pursuant to the provisions of Sections 3775 and 3795 of the Revenue and Taxation Code. the Controller agrees to the selling price hereinbefore set forth ,19~ and approves the foregoing agreement this day of STATE CONTROLLER BY NOTE: EXHIBIT "A" MUST BE ATTACHED TO THIS FORM EXHIBIT "A" PARCEL DESCRIPTION FIRST YEAR DELINOUENT DE FAULT NUMBER PURCHASE PRICE 015-031-160 I Ac Mol on Bayshore Freeway Com 552,24 Ft Nly Frm S P Co R/W Ptn of Parcel 17 ASSESSORS MAP OF S S F 26 CITY OF SO SAN FRANCISCO t978 998 $152.00