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HomeMy WebLinkAboutGrant Deed From Agency to City Portola x Hwy 111 INTEROFFICE MEMORANDUM PALM DESERT REDEVELOPMENT AGENCY DATE: FEBRUARY 11 , 1999 TO: EXECUTIVE DIRECTOR, HONORABLE CHAIRMAN AND MEMBERS OF THE REDEVELOPMENT AGENCY FROM: DENNIS M. COLEMAN, REDEVELOPMENT FINANCE MANAGER SUBJECT: GRANT DEED OF PROPERTY FROM THE AGENCY TO THE CITY FOR THE BARTLETT PROJECT AT PORTOLA AND HIGHWAY 111 Recommendation: That the Agency Board, by minute motion, approve the following: 1) Approval of the Grant Deed to the City of the southernly four feet of the property, for public improvements. 2) Authorization for the Chairman or his designee to execute the Grant Deed. 3) Authorization for the Chairman or his designee to sign documents for a lot merger of the said property. Background: On January 14, 1999, the City Council and the Agency Board approved a Disposition and Development Agreement (DDA) with Timothy Bartlett. The DDA covered that sale of 0.67 acres from the Agency to Mr. Bartlett. The Public Works Department will require that Mr. Bartlett deed the four feet of property for additional right-of-way for the alley, which is located on the southern boundary of the property. Staff feels that it is convenient for the property to be deeded from the Agency to the City before property is sold. Mr. Bartlett, as well, has requested that the property be deeded before we close escrow. Mr. Bartlett has also requested that we merge the property from two lots into one consolidated lot. Staff will process the lot merger through the Planning Commission as requested. Staff is recommending that the Agency Board approve the Chairman or his designee be authorized to execute the necessary documents to merge the parcels. ON. a-I\ T 1 VERIFIED BY A . !. - ,t=� Original on file with Ci y Clerk's Offlco Staff is therefore recommending that the Agency Board approve the Grant Deed, the execution thereof by the Chairman or his designee, and the authorization of the Chairman or his designee to execute the necessary documents to process the lot merger of the property. We have attached a copy of Mr. Bartlett's letter with his requests to this report along with the proposed Grant Deed, and a map of the property. REVIEWED AND CONCUR Dennis M. Coleman 1€e Redevelopment Finance Manager Executive Director DMC:mh Attachments (as noted) 2 . , eit,y. a/Yam .2eeexi '‘n _ STATE HIGHWAY 111 t^�.-L :./ Redevelopment Agency PALM DESERT DRIVE S mO Lot 1 Lot 2 X O Alley D m Z Southerly 4 feet of Lots 1 and 2 C m EL PASEO AA 100 0 100 200 300 400 500 Feet Jan-26-99 09:05A Bartl Ceti■ Iercia1 76077 141 P _Ol COMMERCIAL BROK GE REAL ESTATE BEVEL PMENT i IRO ASSET AND CAPITAL ANAGEMENT gq RT L ETT COMMERCIAL January 25, 1999 Dennis M. Coleman Redevelopment Fin nce Manager 73-510 Fred Warin Drive Palm Desert, CA 9 260-2578 Via Fax: 760.341.6 72 Re: SEC Portola & Hwy 111, 74011 Hi hway 111, Palm Desert Escrow #2-27494 \ 1 Dear Mr. Coleman: Pursuant to my recent discussion with avid Yrigoyen and Carlos Ortega, as well as my letter's dated June 11, 1998 and September 17, 1998, copies enclosed, I would like to take this opportunity to reit rate my request for he parcel merger and dedication of the 4' right-of-way which must be ac mplished prior to cl se of escrow. Joe Gaugish has informed me that this task may be perfo med in a timely man er pending Planning Commission approval. As we also discu ed I am very anxiou to receive the final amerded draft of the DDA at your earliest convenie . As you may kno I have executed th- escrow instructions and I have deposited 10.000 in escrow pending y ur approval. If you have any q estions regarding'hi matter, please do not hesitate to contact me. r Sincerely, Bartlett Commercial a Calif ' ` ----„N„40 - ----- ---- - - i By: Timothy R. Bar ett, resident i 73-382 Salt Cedar S set, Palm Desert, C . 92260 PHONE; 760 76.4141 FAX: 760.779.0714 1