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POWERPOINT PRESENTATION - 2210 BOWMAN AVENUE
TaxTax--Defaulted Property Defaulted Property Located at 2210 Bowman Located at 2210 Bowman Avenue in TustinAvenue in Tustin Tustin City Council/RDA Meeting April 19, 2011 CityCityStaffStaffwaswasnotifiednotifiedbybythetheOrangeOrangeCountyCounty ?? TaxTax--Collector’sCollector’sOfficeOfficeofofaataxtax--defaulteddefaultedpropertyproperty locatedlocatedatat22102210BowmanBowmanAvenueAvenueininTustinTustin.. TheTheOrangeOrangeCountyCountyTaxTax--Collector’sCollector’sOfficeOffice ?? requiresrequiresthatthatthetheCityCityprovideprovidewrittenwrittennotificationnotification eithereitherconsentingconsentingororobjectingobjectingtotothethepublicpublicsalesale ofofthethepropertypropertybybyMayMay22,,20112011.. TheThepropertypropertyisisaasinglesinglefamilyfamilyresidentialresidential ?? propertypropertyoutsideoutsideofofaaRedevelopmentRedevelopmentProjectProject AreaArea.. Background (continued)Background (continued) Background (continued)Background (continued) TheTheRDARDAhashasadoptedadoptedFindingFindingofofBenefitBenefitforforallallofof ?? itsitsRedevelopmentRedevelopmentProjectProjectAreasAreasallowingallowingRDARDA fundsfundstotobebeexpendedexpendedoutsideoutsideofofeacheachProjectProjectAreaArea forforaffordableaffordablehousinghousing.. BasedBasedononthetheGeneralGeneralPlanPlanandandSCAG’sSCAG’sRegionalRegional ?? HousingHousingNeedsNeedsAssessmentAssessment(RHNA),(RHNA),aasignificantsignificant balancebalanceofof953953housinghousingunitsunitsremainremaintotobebe producedproducedbyby66//3030//20142014.. TheTheSouthSouthCentralCentralandandTownTownCenterCenterRDARDAProjectProject ?? AreasAreasandandtheirtheirImplementationImplementationPlansPlanspermitpermit acquisitionacquisitionand/orand/orrehabilitationrehabilitationofofresidentialresidential housinghousingunitsunits.. RecommendationsRecommendations That the City Council: That the City Council: ?? 11AdoptAdoptResolutionResolution1111--3333authorizingauthorizingstaffstafftoto provideprovidewrittenwrittennotificationnotificationtotothetheOO..CC..TreasurerTreasurer-- CollectorCollectorobjectingobjectingtotothethepublicpublicsalesalesosothatthatthethe CityCitymaymayacquireacquirethethepropertypropertyforforaaCityCitypublicpublic benefittingbenefittinguseuseforforaffordableaffordablehousinghousingpurposes,purposes, authorizingauthorizingstaffstafftotoproceedproceedwithwiththethepurchasepurchaseandand executeexecuteanyanyrequiredrequireddocumentsdocuments.. 22..BringBringbackbackfuturefuturetaxtaxsalessalesononaacasecasebybycasecase basisbasis ThatThatthetheRDARDAappropriateappropriate$$100100,,000000outoutofofthethe ?? TownTownCenterCenterHousingHousingSetSetAsideAsideFundFundforforthethe purchasepurchaseauthorizeauthorizestaffstafftotomarketmarketthethepropertyproperty..