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HomeMy WebLinkAboutOrd 1067 C/Z 04-01 - PDCC Development, LLC & DahoonREVISED 06/24/04 ORDINANCE NO. 1067 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AMENDING ORDINANCE NO. 107, THE PALM DESERT ZONING MAP BY CHANGING THE ZONE FROM OPEN SPACE (O.S.) TO R-1 9,000 FOR 41 LOTS AROUND THE GOLF COURSE PERIMETER, CHANGING THE ZONE FROM OPEN SPACE (O.S.) TO PR-6 PLANNED RESIDENTIAL SIX UNITS PER GROSS ACRE FOR 9.68 ACRES IN THE AREA OF THE EXISTING DRIVING RANGE. ALL PROPERTY BEING A PORTION OF SECTION 13 AND 14 T5S R6E, PALM DESERT COUNTRY CLUB AREA. CASE NO. C/Z 04-01 The City Council of the City of Palm Desert, California, DOES HEREBY ORDAIN, as follows: SECTION 1: That a portion of Ordinance No. 107 referencing Section 25.46.1 of the Zoning Ordinance, the Zoning Map (Chapter 35.46 of the Palm Desert Municipal Code) is hereby amended to read as shown on the attached Exhibit "A." SECTION 2: The City Clerk of the City of Palm Desert, California, is hereby directed to publish this ordinance in the Desert Sun, a newspaper of general circulation, published and circulated in the City of Palm Desert, California, and shall be in full force and effect thirty (30) days after its adoption. PASSED, APPROVED AND ADOPTED by the Palm Desert City Council this day of , 2004, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAIN: ATTEST: RACHELLE D. KLASSEN, City Clerk City of Palm Desert, California ROBERT A. SPIEGEL, Mayor 7 P.R.4 E TEE H t r`�x`f0 WARING DR City of Palm Desert QS. TILETT..adfia.E.1 hiTTTTITWOY a4WI` • llnlm1pul U hill �, =4iliIHH , r'yjfnUHi aaLL as. £ 4 his- . _ pi rn (j-_L-.-�` MWOINITI OfJ 2D90 �llt�ll0 _ nlu?J I I ►jr�yn, -5i� � • � Ii t Proposed Zoning Changes O.S. O.S. To To R-1 9,000 P.R. -6 Case No. CIZ 04-01 CITY COUNCIL CHANGE OF ZONE EXT-II 1C� IT A ORDINANCE NO. 1067 Date: Jul 07 04 05:O1p Jul 07 00 01:04p City Builders/Cruse Exper 415 457-6981 p.2 p.l 77200 California Drive Palm Desert, CA 92211 Palm Desert Country C l u b Development LLC June 29, 2004 RE: PDCC PROJECT UNANIMOUSLY APPROVED BY CITY COUNCIL Dear PDCC Resident: Phone: 877.760. PDCC Fax: 877.884.5601 We are thrilled to announce that the proposed Palm Desert Country Club golf course and clubhouse improvement program and residential project was approved by the Palm Desert City Council in a unanimous vote at last Thursdays council meeting. After months of planning, review and approvals, this is an incredible victory for PDCC members, residents, and the entire community! Palm Desert Country Club Development LLC extends our sincere thanks to all of the supporters of this project who have attended meetings, written letters, volunteered, and offered their steadfast encouragement throughout the planning and approvals process. This is your achievement and we, along with the entire PDCC community, thank you. As proposed, this project will provide badly needed restorations and enhancements to the PDCC Golf Course facilities, clubhouse, and surrounding neighborhood, including: • Complete renovation and enhancement of the PDCC Golf Course (all 27 holes and new automated irrigation system) • Complete renovation and enhancement of the PDCC Clubhouse • Development of 95 new single family, one story homes • Permanent preservation of the PDCC Golf Course as a golf course As we begin construction and implementation of the proposed development and improvements above, we invite you to visit our website www.pdccdevelopment.com to view updates and track progress. Our next step is to complete design and engineering schematics for the clubhouse, golf course and residential lots so we can begin construction activities in September. For those you interested in purchasing a new home in the development, please confirm or establish your interest by completing our online form at www.pdccdevelopment.com. As our community improvements begin to take shape, we will be communicating with people on our interest list via e-mail and U.S. mail. Sincerely, Larry J. Kosmont, CRE Managing Partner Ikosmonl(d3kosmont.com Randy Case Partner & Project Manager rcasec kosmont.com Sherry Ryan Partner Nam ealcoQdc.rr.con1 Received Jul-07-04 04:40pm From-415 457 6981 To -PALM DESERT CITY CLE Page 02 Jul 07 04 05:01p City Builders/Cruse Exper 415 457-6981 p.3 Hello Neighbor, Sorry we missed you! 570 Pam Desert Country Club Development LLC As you may or may not know, the new development and renovation of Palm Desert Country Club was approved by our City Council on Thursday, June 24, 2004. Tracts 2137 and 2283 fall within this development. The deed to your home contains a clause which expired in 1990, and will be modified. As a courtesy to you, the Palm Desert City Council has asked us to bring a notary to you, at no cost, to obtain your signature(s). The deed restriction will not be removed, merely modified. We are available from 9:00 a.m.-12:00 noon, and from 5:00 until approximately 7:00 p.m. If these times are inconvenient for you, we will come to your home in a time frame that suits you. Simply call Scott Johnson, General Manager, Palm Desert Country Club, to set an appointment - (760) 272-6819 or, e-mail him at PDCCPROcAOL.corn, and a representative from Palm Desert Country Club and Palm Desert Country Club Development, LLC, along with a Notary Public will stop by. Once again, this service is free of charge. Attached are renderings of the new Club House, and the new homes being developed. Please take a few minutes to look at the areas involved. The new homes being built will be modified in your current deed restriction. Should you have any questions, please feel free to call. Thank you for your anticipated prompt response. Palm Desert Country Club Development LLC and Palm Desert Country Club Received Jul-07-04 04:40pm From-415 457 60131 To -PALM DESERT CITY CLE Page 03 Re: Your Signature is Needed for PDCC Improvement Project Dear PDCC Resident: We're sorry we missed the opportunity to explain in person some important final steps toward gaining approval of the proposed Palm Desert Country Club development project. In order to insure that this project moves forward, it is critical that the legal owner(s) of your property sign and notarize an Amendment to Declarations of Restrictions document that we have on file. For your convenience, we have arranged to have a notary available (FREE of charge) at the following location and time: xxxxx New York Street Saturday, June xx, 2004 x:00 a.m. — x:00 p.m. **You will need to bring your divers license or other legal ID with you** If you cannot make it at the above -specified time, we would be happy to. make arrangements for a notary to come back to your home. Please feel free to contact Scott Johnson at (760) 272-6819. Thank you! June 4, 2004 Re: Your Signature is Needed for Proposed Palm Desert Country Club Project Dear PDCC Resident: As you know, in January of this year PDCC Development LLC made an application to the City of Palm Desert for a project that will provide badly needed restorations and enhancements to the PDCC Golf Course facilities, clubhouse, and surrounding neighborhood. The proposed development will provide for the following: • Preservation of and improvements to the PDCC Golf Course (all 27 holes and new automated irrigation system) • Complete renovation and enhancement of the PDCC Clubhouse • Development of 95 new single family, one story homes As the project nears approval by the Palm Desert City Council, your support is needed in an amendment to a deed restriction that applies to Tract 2283 and Tract 2137 — which is where the new homes will be built. You are receiving this letter because you own a home in either Tract 2283 or in Tract 2137 of the Palm Desert Country Club area (please see the accompanying map to view the location of the new homes as they relate to Tracts 2283 and 2137). The purpose of this letter is to provide you with an OFFICIAL Amendment to Declarations of Restrictions document. If you agree to support our efforts to enhance the community and move forward with the proposed project, the document would need to be signed and notarized by the legal owner(s) of your property. Most of us have acknowledged our support for this project in various forums throughout the approvals process — we are committed to this project because PDCC Development LLC is committed to our community. They have worked closely with us individually and as a community for over a year, in an effort to ensure that the final plan was one that our community would be pleased and enthusiastic about. This is much more than what most developers would ever strive to do. Additionally, the PDCCA (Home Owners Association) Board voted to support the project after an official homeowners vote in February 2004 produced an overwhelming, near 70% vote in favor of the project. Now, as the City Council prepares to make a final decision (expected June 2004), your official signature of support on the enclosed Amendment to Declarations of Restrictions document is needed in order to finally move forward with the project. If you sign and notarize the attached Amendment to Declarations of Restrictions document, it does the following: 1 — The enclosed "Declarations" document modifies the existing deed restrictions for the PDCC property (Tracts 2283 and 2137) by allowing development of new single family homes in the locations shown on the accompanying map: • 73 new homes in Tract 2283 • 17 new homes in Tract 2137 *5 of the proposed new homes are located outside of tract 2283 and 2137 2 - Your notarized signature on the enclosed "Declarations" document signifies your understanding of the deed modification, and indicates your support of the development project as proposed: • The signature of a property owner in Tract 2283 indicates your support of 73 new homes in Tract 2283. • The signature of a property owner in Tract 2137 indicates your support of 17 new homes in Tract 2137. We have come so far as a community to promote projects like this, which enhance recreation, open space and infrastructure, beautify our neighborhoods, and benefit residents. The undersigned 14 members of the PDCC community, who average over 15 years in this community, strongly urge your immediate support and action. Please sign and notarize now to ensure that this project comes to life! Sincerely, Charlie Ash Home Owners Association Board Member Rick Barnes Past Men's Club President Past Board of Governors Member George Boal Board of Governors Member Past Men's Club President Jan Christian Board of Governors Member Past Ladies Club President Lu Clubb Past Ladies Club Board Member Ruth DeGeorge Past Ladies Club President Linda Giroux Board of Governors President Ray Hofius Men's Club President Board of Governors Member Scott Johnson PDCC Director of Golf (10+ yrs) Mac McLaren PDCC Social Club President Barbara Powers Past Board of Governors Member Past Ladies Club Board Member Jim Olsen Home Owners Association Board Member Past Men's Club President Peggy Podojil Board of Governors Member Past Ladies Club Board Member Butch Wilson Men's Club Member Home Owners Association Board Member ig w w 2 Z -I 0 0 a. (.) ":- -f_ • J-S, GOLF COURSE IMPROVEMENT, CLUB HOUSE RENOVATION & RESIDENTIAL PROJECT 5 GOLF COURSE IMPROVEMENT, CLUB HOUSE RENOVATION & RESIDENTIAL PROJECT .1 - ceW I Li 8 - I 'n - I Z n , (n .- w ) Z -I CD Z 0 P Ca 7 Ui I — IN a. u) 8 z ta 0 S 46 i it 0 CiwBwg u, >LIJ Le LOLli ; _in. 5 0 ,ui 2 cd WI R 0 8 CU c° a "- N- 5 > W Z 0 r-s ....:) k:: , , 1Ii ' 7-1 10 , . f-.. C, 1:'77f .• ='--z 0 Fa. : , .... . -) ' ,- ..-zii ' •:: .;;p..', ( i- 5 ! ' r ,...J 2 ,., .:—..., , ,-- '.-.1 ' '1:-,1_,'-'..7"El: L-11;,-:).-5-ril.'.•Jr.::‘,.1 sm.:" . - ..1:;-,::::7:17.'[.:i:'C' , ",-; RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: PDCC Development, LLC 77200 California Drive Palm Desert, CA 92211 Space above this line for recorder's use AMENDMENT TO DECLARATIONS OF RESTRICTIONS Tract 2283 This Amendment to Declaration of Restrictions ("Amendment") is made this 4th day of June, 2004, by undersigned property owners, comprising fifty-one percent (51 %) of owners of residential Tots in Tract 2283. 1. Declaration of Restrictions. On March 6, 1963, the Marnel Development Company, a corporation ("Declarant") executed a Declaration of Restrictions ("Declaration") which was recorded on March 12, 1963 as instrument No. 24645 in the office of the Recorder of Riverside County, State of California. The Declaration sets forth certain restrictions regarding the use of certain real property, more particularly described as Lots 2, 3, 4, 5, 6, and 7 in Tract 2283 recorded in Book 42, pages 82 through 89 inclusive, records of Riverside County. 2. Authority to Modify. Pursuant to the express terms of the Declaration, the restrictions lapsed as of January 1,1992. There may be a portion of omitted language in the Declaration under paragraph 2 which was contained in a companion Declaration of Restrictions for Tract 2137, (the "Tract 2137 Declaration"). The Tract 2137 Declaration provides that, from and after January 1, 1992, the restrictions would be renewed for successive five (5) year terms unless, at any time after January 1,1992, the owners of fifty-one percent (51 %) or more of the number of residential lots in Tract 2137 determined in writing to supplement, change or rescind the restrictions contained in the Tract 2137 Declaration. As of the date of this Amendment, there has been no judicial determination that the Declaration is to be automatically renewed for successive five (5) year terms as provided in the Tract 2137 Restriction. However, in the event it is ever determined by a court of competent jurisdiction that the Declaration is to be reformed to include the language of the Tract 2137 Declaration regarding the automatic renewal for successive 5 year periods unless at any time after January 1,1992, the owners of fifty-one percent (51 %) or more of the number of residential lots in Tract 2283 determine in writing to supplement, change or rescind the restrictions contained in the Declaration, then the undersigned owners want the Declaration, as extended by such court order, to be modified as provided in this Amendment. 3. Amendment to the Declaration. There are approximately four hundred ninety-nine (499) residential lots in the portions of Tract 2283 affected by the Declaration. By their signatures hereto, more than 51 % of the owners of such residential lots have determined to modify and amend the Declaration by modifying Paragraph 1 of said Declaration by adding to the end of such paragraph, the following: Provided, however, notwithstanding anything to the contrary contained in this Declaration of Restrictions, there shall be allowed on the restricted Tots the subdivision, development, construction sate/lease and/or occupancy of up to 73 single family lots upon which residential units may be constructed, all as is more particularly provided under City of Palm Desert Department of Community Development Case Nos: C2 04-01, TT 31836, PP 04-01 and DA 04-01, (the "Project") as such Project may be subsequently modified and finally approved by the City of Palm Desert. 4. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original but all of which shall constitute one and the same instrument. [Signatures Appear on Following Pages] Tract 2283 - Page 1 IN WITNESS WHEREOF this Amendment to the Declaration of Restrictions is executed, effective as of the day and year first written above. OWNER(S): Signature: Signature: FORM OF OWNERSHIP: LEGAL DESCRIPTION OF OWNERS LOT: Lot , of Tract 2283, as shown on Tract 2283 filed in the office of County Recorder, Riverside County, California on November 14, 1961, as Instrument No. 98132 Assessor Parcel No: Address: STATE OF CALIFORNIA COUNTY OF RIVERSIDE ) ss. On , 200_, before me, , personally appeared , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is (are) subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. (SEAL) My commission expires STATE OF CALIFORNIA COUNTY OF RIVERSIDE ) ss. Notary Public in and for the State of California On , 200_, before me, personally appeared , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is (are) subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. (SEAL) My commission expires Notary Public in and for the State of California (Signature Page to Amendment to Declaration of Restrictions] Tract 2283 - Page 2 RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: PDCC Development, LLC 77200 Califomia Drive Palm Desert, CA 92211 Space above this line for recorder's use AMENDMENT TO DECLARATIONS OF RESTRICTIONS Tract 2137 This Amendment to Declaration of Restrictions ("Amendment") is made this 4th day of June, 2004, by undersigned property owners, comprising fifty-one percent (51 %) of owners of residential lots in Tract 2137. 1. Declaration of Restrictions. On, April 7, 1961, the Marne/ Development Co., a corporation ("Declarant") executed a Declaration of Restrictions ("Declaration") which was recorded on April 12, 1961 as Instrument No. 31032 in the Official Records in the Office of the Recorder of Riverside County, State of California. The Declaration sets forth certain restrictions regarding the use of certain real property, more particularly described as Lots 73, 199, 261, 405 and 493 in Tract 2137 recorded in Book 41, pages 29 through 36 inclusive, records of Riverside County. 2. Authority to Modify. Pursuant to the express terms of the Declaration, the restrictions lapsed as of January 1,1992. The Declaration further provides that, from and after January 1, 1992, the restrictions are renewed for successive five (5) year terms unless, at any time after January 1,1992, the owners of fifty-one percent (51%) or more of the number of residential Tots in Tract 2137 determine in writing to supplement, change or rescind the restrictions contained in the Declaration. 3. Amendment to the Declaration. There are approximately four hundred seventy (470) residential Tots in the portions of Tract 2137 affected by the Declaration. By their signatures hereto, 51% or more of the owners of such residential lots in Tract 2137 have determined to modify and amend the Declaration by modifying Paragraph 1 of said Declaration by adding to the end of such paragraph, the following: Provided, however, notwithstanding anything to the contrary contained in this Declaration of Restrictions, there shall be allowed on the restricted lots, the subdivision, development, construction sale/lease and/or occupancy of up to 17 single family Tots upon which residential units may be constructed, all as is more particularly provided under City of Palm Desert Department of Community Development Case Nos: C/Z 04-01, TT 31836, PP 04-01 and DA 04-01, (the "Project") as such Project may be modified and finally approved by the City of Palm Desert. 4. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original but all of which shall constitute one and the same instrument. [Signatures Appear on Following Pages] Tract 2137 - Page 1 IN WITNESS WHEREOF this Amendment to the Declaration of Restrictions is executed, effective as of the day and year first written above. OWNER(S): Signature: Signature: FORM OF OWNERSHIP: LEGAL DESCRIPTION OF OWNERS LOT: Lot , of Tract 2137, as shown on Tract 2137 filed in the office of County Recorder, Riverside County, California on December 28, 1960, as Instrument No. 109220 Assessor Parcel Number: Address: STATE OF CALIFORNIA COUNTY OF RIVERSIDE ) ) ss. On , 200_, before me, , personally appeared , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is (are) subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. (SEAL) My commission expires STATE OF CALIFORNIA COUNTY OF RIVERSIDE ) ss. Notary Public in and for the State of Califomia On , 200_, before me, , personally appeared , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is (are) subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. (SEAL) My commission expires Notary Public in and for the State of Califomia [Signature Page to Amendment to Declaration of Restrictions] Tract 2137 - Page 2 { July 8, 2004 Palm Desert City Council: Robert A. Spiegel, Mayor Buford A. Crites, Mayor Pro Tem Jean M. Benson, Councilmember Jim Ferguson, Councilman Richard S. Kelly, Councilman ity of Palm Desert 73-510 Fred Waring Dr. Palm Desert, CA 92260-2578 a'ti`ED ...CITY CLERK'S OFFICE PA' F' !DESERT, CA 297i JUL —3 PM 2: 39 RE: July 8, 2004 Public Hearing Objection to Palm Desert Country Club (PDCC) Proposed Zoning Change Case Nos. C/Z 04-01, TT 31836 and DA 04-01 Dear Mayor and Members of the City Council, This letter is to supply additional information on the conservation easement tax credits described in our June 24, 2004 letter to the City Council, which the Council should be aware of. We will not be able to attend the hearing tonight as we have a prior commitment and just learned of this hearing yesterday. However, we request that this letter be entered into the record to be part of tonight's proceedings. Please review the attached documents. In particular, please read the two starred ("*") paragraphs that pertain directly to this project. 1. The article from the Washington Post entitled "IRS Targets Conservation Gifts", dated July 1, 2004. 2. IRS Notice 2004-41, dated June 30, 2004, including Section 1.170A-14(h)(3)(i) and Section 1.170A-14(h)(3)(ii) of the IRS Code. Once again, this land serves no conservation purpose. It has been a golf course for over 40 years and the conservation easement has no material effect on the value of the real property. It is fragmented and has no connectivity with other land sources. We believe that a tax deduction for this property for a conservation easement is a fraudulent taking of taxpayers' money by the owners/developers. Sincerely, Richard and Lola Green 42025 Tennessee Ave. Palm Desert, CA 92211 Email: lola.green@earthlink.net 1 BillingsGazette.com printable article Page 1 of 2 blllliigsiazettecom nGazette ccaJTn-rt �- ii,tny; a cias�n n! Enttrcri;et http://www.billingsgazette.com/index.php?display=rednews/2004/0710'1/build/nationl70-irs- gifts.inc IRS targets conservation gifts The Washington Post 1-`a- t! ctlt WASHINGTON - The Internal Revenue Service announced Wednesday it is cracking down on improper tax deductions taken by people who give real estate and cash to environmental groups, warning that taxpayers could face penalties and charities could lose their tax-exempt status. The IRS is specifically targeting gifts of "conservation easements" - deed restrictions that limit some types of real estate development. The easements have become the environmental movement's key tool for preserving millions of acres of open space and fragile ecosystems. The IRS is focusing on easements that have questionable public benefit or have been manipulated to generate inflated deductions. "We've uncovered numerous instances where the tax benefits of preserving open spaces and historic buildings have been twisted for inappropriate individual benefit," IRS Commissioner Mark Everson said in a statement. "Taxpayers who want to game the system and the charities that assist them will be called to account." The IRS warned that it intends to levy penalties on charity executives and board members who knowingly help secure improper deductions claimed in connection with such transactions. The announcement did not name any individual taxpayers or charities. It comes as the IRS is conducting a major audit of the Nature Conservancy, the world's largest environmental organization. The Washington Post reported last year that the conservancy, based in suburban Arlington, Va., had repeatedly bought land, added some development restrictions, then resold the properties at reduced prices to its trustees and other supporters. The buyers made cash gifts to the Conservancy roughly equal to the difference in price, thereby qualifying for substantial tax deductions just as if they had donated to their local charity. The conservancy said the sales prices were proper because the development restrictions reduced the market value of the tracts. But in the wake of the news articles, the conservancy announced it would not conduct such deals with its board members and trustees. Former IRS Commissioner Sheldon Cohen called Wednesdays announcement an unusually strong action, adding, "It is pretty obvious who it is aimed at." On Wednesday, conservancy spokesman James Petterson said executives there were still studying the IRS action. 'The Nature Conservancy over the last decade has received several legal opinions reflecting other interpretations of the law," Petterson said. "We are reviewing what the IRS issued, assessing its impact on our programs and determining appropriate actions." The IRS said Wednesday it "intends to disallow" and assess tax penalties for improper tax deductions claimed for gifts of easements to charities. Easements that serve no conservation purpose and create no significant public benefit do not qualify for tax deductions, the agency said. Some taxpayers have claimed deductions for amounts that exceed the value of the restrictions placed on their land, the IRS added. http://www.billingsgazette.com/printer.php?id=l &display=rednews/2004/07/.../70-irs-gifts.tx 7/8/2004 Part lll- Administrative, Procedural, and Miscellaneous Charitable Contributions and Conservation Easements Notice 2004-41 The Internal Revenue Service is aware that taxpayers who (1) transfer an easement on real property to a charitable organization, or (2) make payments to a charitable organization in connection with a purchase of real property from the charitable organization, may be improperly claiming charitable contribution deductions under § 170 of the Internal Revenue Code. The purpose of this notice is to advise participants in these transactions that, in appropriate cases, the Service intends to disallow such deductions and may impose penalties and excise taxes. Furthermore, the Service may, in appropriate cases, challenge the tax-exempt status of a charitable organization that participates in these transactions. In addition, this notice advises promoters and appraisers that the Service intends to review promotions of transactions involving these improper deductions, and that the promoters and appraisers may be subject to penalties. Contributions of Conservation Easements Section 170(a)(1) allows as a deduction, subject to certain limitations and restrictions, any charitable contribution (as defined in § 170(c)) that is made within the taxable year. Generally, to be deductible as a charitable contribution under § 170, a transfer to a charitable organization must be a gift of money or property without receipt or expectation of receipt of adequate consideration, made with charitable intent. See U.S. v. American Bar Endowment, 477 U.S. 105, 117-18 (1986); Hernandez v. Commissioner, 490 U.S. 680, 690 (1989); see also § 1.170A-1(h)(1) and (2) of the Income Tax Regulations. Section 170(f)(3) provides generally that no charitable contribution deduction is allowed for a transfer to a charitable organization of Tess than the taxpayer's entire interest in property. Section 170(f)(3)(B)(iii) provides an exception to this rule in the case of a qualified conservation contribution. A qualified conservation contribution is a contribution of a qualified real property interest to a qualified organization exclusively for certain conservation purposes. Section 170(h)(1), (2), (3), and (4); § 1.170A-14(a). A qualified real property interest includes a restriction (granted in perpetuity) on the use that may be made of the real property. Section 170(h)(2)(C); see also § 1.170A-14(b)(2). For purposes of this notice, qualified real property interests described in § 170(h)(2)(C) are referred to as conservation easements. 2 One of the permitted conservation purposes listed in § 170(h)(4) is the protection of a relatively natural habitat of fish, wildlife, or plants, or similar ecosystem. Section 170(h)(4)(A)(ii); see also § 1.170A-14(d)(1)(ii) and (3). Another of the permitted conservation purposes is the preservation of open space ("open space easement"), including farmland and forest land, for the scenic enjoyment of the general public or pursuant to a clearly delineated governmental conservation policy. However, if the public benefit of an open space easement is not significant, the charitable contribution deduction will be disallowed. See § 170(h)(4)(A)(iii); see also § 1.170A-14(d)(1)(iii) and (4)(iv), (v), and (vi). Section 170(h) and § 1.170A-14 contain many other requirements that must be satisfied for a contribution of a conservation easement to be allowed as a deduction. A charitable contribution is allowed as a deduction only if substantiated in accordance with regulations prescribed by the Secretary. Section 170(a)(1) and (f)(8). Under § 170(f)(8), a taxpayer must substantiate its contributions of $250 or more by obtaining from the charitable organization a statement that includes (1) a description of any return benefit provided by the charitable organization, and (2) a good faith estimate of the benefit's fair market value. See § 1.170A-13 for additional substantiation requirements. In appropriate cases, the Service will disallow deductions for conservation easement transfers if the taxpayer fails to comply with the substantiation requirements. The Service is considering changes to forms to facilitate compliance with and enforcement of the substantiation requirements. If all requirements of § 170 are satisfied and a deduction is allowed, the amount of the deduction may not exceed the fair market value of the contributed property (in this case, the contributed easement) on the date of the contribution (reduced by the fair market value of any consideration received by the taxpayer). See § 1.170A-1(c)(1), (h)(1) and (2). Fair market value is the price at which the contributed property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell, and each having reasonable knowledge of relevant facts. Section 1.170A-1(c)(2). See § 1.170A-14(h)(3) and (4) for a discussion of valuation. If the donor (or a related person) reasonably can expect to receive financial or economic benefits greater than those that will inure to the general public as a result of the donation of a conservation easement, no deduction is allowable. Section 1.170A- 14(h)(3)(i). If the donation of a conservation easement has no material effect on the value of real property, or enhances rather than reduces the value of real property, no deduction is allowable. Section 1.170A-14(h)(3)(ii). Purchases of Real Property from Charitable Organizations Some taxpayers are claiming inappropriate charitable contribution deductions under § 170 for cash payments or easement transfers to charitable organizations in connection with the taxpayers' purchases of real property. 3 In some of these questionable cases, the charitable organization purchases the property and places a conservation easement on the property. Then, the charitable organization sells the property subject to the easement to a buyer for a price that is substantially Tess than the price paid by the charitable organization for the property. As part of the sale, the buyer makes a second payment, designated as a "charitable contribution," to the charitable organization. The total of the payments from the buyer to the charitable organization fully reimburses the charitable organization for the cost of the property. In appropriate cases, the Service will treat these transactions in accordance with their substance, rather than their form. Thus, the Service may treat the total of the buyer's payments to the charitable organization as the purchase price paid by the buyer for the property. Penalties, Excise Taxes, and Tax -Exempt Status Taxpayers are advised that the Service intends to disallow all or part of any improper deductions and may impose penalties under § 6662. The Service intends to assess excise taxes under § 4958 against any disqualified person who receives an excess benefit from a conservation easement transaction, and against any organization manager who knowingly participates in the transaction. In appropriate cases, the Service may challenge the tax-exempt status of the organization, based on the organization's operation for a substantial nonexempt purpose or impermissible private benefit. In addition, the Service intends to review promotions of transactions involving improper deductions for conservation easements. Promoters, appraisers, and other persons involved in these transactions may be subject to penalties under §§ 6700, 6701, and 6694. DRAFTING INFORMATION The principal author of this notice is Patricia M. Zweibel of the Office of Associate Chief Counsel (Income Tax & Accounting). For further information regarding this notice, contact Ms. Zweibel at (202) 622-5020 (not a toll -free call). Jul 0$ 04 03:24p City Builders/Cruse Exper 415 457-6981 p.l July 8, 2004 City of Palm Desert Robert A Spiegel, Mayor Buford A Crites, Mayor Pro Tem Richard S Kelly, Council Member Jean M Benson, Council Member Jim Ferguson, Council Member RE: PDCC Development, LLC Dear Mayor & Council Members: Yesterday morning I became aware of a letter that has been placed at the doors of many homes in Palm Desert Country Club. A copy of this letter is enclosed. The letter contains deceptive language about the City of Palm Desert requesting homeowners to alter the declarations which protect the golf course lots. The letter reads "As a courtesy to you, the Palm Desert City Council has asked us to bring a notary to you, at no cost, to obtain your signature(s)." According to Carlos Ortega, he has read the letter and has no knowledge of any such request by the City of Palm Desert. This statement by Palm Desert Country Club Development, LLC is highly deceptive and is being used to manipulate the owners of property in tracts 2137 and 2283 into signing a document giving away their rights under the Declaration of Restrictions to not have any additional homes built within the tracts. It is being done under the auspices of being sanctioned by the City of Palm Desert. The reference that the Palm Desert City Council has requested their notarized signatures would in many cases persuade property owners to sign away their rights without understanding the consequences of their actions as they trust the City of Palm Desert and will cooperate when asked to by their civic leaders. The letter also states "The deed to your home contains a clause which expired in 1990, and will be modified." This is also incorrect; the Declaration of Restrictions is still a valid document and is in force today. The overall effect is to make homeowner's believe that the City has made a determination about the effect of the declarations. 2 Received Jul-08-04 03:02pm From-415 457 6981 To -PALM DESERT CITY CLE Page 01 J,u,1 08 04 03:24p City Builders/Cruse Exper 415 457-6981 p.2 This same paragraph ends with "The deed restriction will not be removed, merely modified." If this is the case the City as well as all the property owners of Palm Desert Country Club Association should have clear knowledge of what this modification to the deed restriction says. The actual document is being circulated surreptitiously so as to avoid any countering of its purpose. This representation that the deed restriction will be "modified" is also counter to Palm Desert Country Club Development, LLC's claim that the original item #17 could not be a part of the Development Agreement passed by the Palm Desert City Council on June 24, 2004 as it would preclude them from using an IRS credit for preservation of open space. If the City does not take action in regards to this misrepresentation, many homeowners will be deceived into thinking that the City of Palm Desert has indeed asked for their signatures. On another matter, it came to my attention today that a packet of information was given to City Council members at some time on or after June 24, 2004. Attached to this letter is a one -page document from this packet titled "Salient Facts". In this document there are many false accusations about myself and Jerome Pineau. So as not to leave the impression that these accusations are correct if left uncontroverted, I will touch on them very briefly: We have never had any conflict or even contact with ANY other developer, and have no experience "holding developers hostage for cash." We were not at all "shaking down developer for $1,000,000+ cash settlement in exchange for not stopping project". In fact we repeatedly told the developers that all that we wanted was the removal of some of the homes in the driving range. We even gave them a proposal that all involved property owners in the driving range agreed to which amounted to the removal of 17 new home sites. This proposal would place all property lines of the new home sites at 250 feet from any existing property. The developers told us that they would not even consider the removal of even ONE new home site for us and THEY requested that we propose a cash settlement amount that would be sufficient for our entire group. The statement "Theodoratus fail (sic.) to disclose that developed (sic.) dropped building sites and pulled the development to grant her request for a longer view shed". The truth is that the developers dropped one home site in the entire driving range for the benefit of Claudette Whiston at 77160 Indiana. They also angled the home sites away from her view shed again at her request and lowered the rooflines 3 feet, as the homeowners on Indiana would have been 4 1h feet below the grade level of the new homes. The distance from my lot to the closest lot was lengthened by only about 10 feet. The statement, "Theodoratus failed to disclose that developer offered her numerous options: buy her home and/or an option at fair market value: or an Received JuI-08-04 03:02pm From-415 457 6981 To —PALM DESERT CITY CLE Page 02 Jul. 08 04 03:24p Citu Builders/Cruse Exper 415 457-6881 p.3 opportunity to choose a new home." The developers did indeed offer to purchase my home for the appraised value of $241,000 + 10% to be paid after construction. As you may know the property values in PDCC have now gone over $300,000 for property on the golf course making this an unreasonable offer as everyone knows that housing prices are escalating and would have outstripped the $241,000.00 option price before the developers ever broke ground. I was never given any offer to "choose a new home". Please do not be deceived by the continuing efforts of the developers to silence a group of Palm Desert residents who are being victimized by this project. Lisa Theodoratus Received Jul-08-04 03:02pm From-415 457 6981 To -PALM DESERT CITY CLE Page 03 J,u,1 08 04 03:24p City Builders/Cruse Exper 415 457-6981 p.4 Hello Neighbor, Sorry we missed you! APflt Paim Desert Country Club Development LLC As you may or may not know, the new development and renovation of Palm Desert Country Club was approved by our City Council on Thursday, June 24, 2004. Tracts 2137 and 2283 fall within this development. The deed to your home contains a clause which expired in 1990, and will be modified. As a courtesy to you, the Palm Desert City Council has asked us to bring a notary to you, at no cost, to obtain your signature(s). The deed restriction will not be removed, merely modified. We are available from 9:00 a.m: 12:00 noon, and from 5:00 until approximately 7:00 p.m. If these times are inconvenient for you, we will come to your home in a time frame that suits you. Simply call Scott Johnson, General Manager, Palm Desert Country Club, to set an appointment - (760) 272-6819 or, e-mail him at PDCCPRO@AOL.com, and a representative from Palm Desert Country Club and Palm Desert Country Club Development, LLC, along with a Notary Public will stop by. Once again, this service is free of charge. Attached are renderings of the new Club House, and the new homes being developed. Please take a few minutes to look at the areas involved. The new homes being built will be modified in your current deed restriction. Should you have any questions, please feel free to call. Thank you for your anticipated prompt response. Palm Desert Country Club Development LLC and Palm Desert Country Club ,.a Received Jul-08-04 03:02pm From-415 457 6981 To -PALM DESERT CITY CLE Page 04 Jul. 08 04 03:25p 07/07/2004 21:41 7607765420 JESA PRINTING City Builders/Cruse Exper 415 457-6981 p•5 PAGE 02 SALIENT FACTS THE PROJECT: • Enhances the golf course, the clubhouse and the community. • Brings 95 new homeowners to Palm Desert. a Creates substantial jobs for the construction industry. • Creates substantial long-term jobs for the golf course and clubhouse. • Revitalizes a tired community and brings excitement back to the people. THE NAYSAVERS: • "Shaking down developer for $1,000,000+ cash settlement in exchange for not stopping project. • Has sued developer for "monetary, declaratory, injunctive and punitive remedies". • Pineau and Theodoratus are experienced in holding developers hostage for cash. • Inciting fear within the community telling homeowners their property rights will be lost. • Caused a panic within the community by misinforming property owners about home values. • Pineau failed to advise Council that developer met with him many times, often in the company of City Staff and/or their attorney to satisfy his concerns. • Pineau failed to advise Council that developer forfeited a building site adjacent to his home to satisfy his concerns. • Theodoratus failed to disclose the many meetings developer had with her in the presence of her attorney and City Staff to satisfy her concerns. • Theodoratus failed to disclose that developed dropped building sites and pulled the development to grant her request for a longer view shed. • Theodoratus failed to disclose that developer offered her numerous options: buy her home and/or an option at fair market value: or an opportunity to choose a new home. • Pineau and Theodoratus failed to disclose that they attended and disrupted many community meetings held by the developer. • Pineau has made unfounded accusations in written handouts and on his website attacking the developer's ethics and misleading the public about the project. • Escobedo falsified an address. • Cray falsified a claim to be a homeowner. THE COUNCIL'S CONCERNS: • Naysayers: Extensive efforts have been done to satisfy naysayers, to no avail. • Item 17: Not a problem - but developer requires use of Preservation Easement. • Budget: currently being reviewed by third party CPA and Phil Drell. • Storage facility: Merely a relocation and improvement of an existing facility, which received unamimous approval of the Design Review Committee. THE DEVELOPER'S CONCERNS: • Cost of lawsuit with naysayers will be substantial in terms of money and time. • Class action suit of homeowners against naysayers will tie up property for years. • Investors have grown tired of never-ending delays with project. • Developer is apprehensive to continue spending money on a losing battle, • Developers property and personal safety have been threatened. • Developer feels their professional work ethic, substantial investment and quality product have not earned due respect from Council. Received JuI-08-04 03:02pm From-415 457 6981 To -PALM DESERT CITY CLE Page 05 Ju,1 08 04 03:25p City Builders/Cruse Exper 415 457-6981 p•6 Treasury and IRS Issue Notice Regarding Improper Deductions for Conservation Easeme... Page 1 of 2 DInternal Revenue Service IRS.gov . • Home Tax Stats I About IRS I careers- l FOIA Thg_Newsroom I Accessibility I Si Map 1 Ems afol 1 Help. Search IRS Site for: -I -- Search Forms and Q Publications for: Tins for successful seardty Horne > The NewsrQor I Yl Infnrmatinn fnr What's Hot News Releases IRS - The Basics IRS Guidance Media Contacts Facts & Figures Problem Alerts Around the Nation. e-News Subscriptions 0 n RAIntarl Tnninw J Tax Tips 2004 Fact Sheets Armed Forces Disaster Relief Offshore Compliance Scams / Consumer Alerts Tax_Shei tetr More Topic . . 1! 17.711 e-file The Treasury and IRS Issue Notice Regarding Imt Deductions for Conservation Easement Donati IR-2004-86, June 30, 2004 WASHINGTON — Today the Treasury Department and the Internal Revenue Service issued a notice to advise taxpayers that the IRS intends 1 disallow improper charitable contribution deductions for transfers of easements on real property to charitable organizations and for transfers 01 easements in connection with purchases of real property from charitable organizations. Taxpayers claiming improper charitable contribution deductions for such transfers may be subject to accuracy -related penaltieE "We've uncovered numerous instances where the tax benefits of preservi: open spaces and historic buildings have been twisted for inappropriate individual benefit," said IRS Commissioner Mark W. Everson. "Taxpaye who want to game the system and the charities that assist them will be cal to account" The IRS is aware that some taxpayers are claiming inappropriate charitab contribution deductions for easement transfers that do not qualify as quail conservation contributions, or are claiming deductions for amounts that exceed the fair market value of the donated easement. In addition, the IRS is aware that some taxpayers are claiming inappropri. charitable contribution deductions for cash payments or easement transfer charitable organizations in connection with the taxpayers' purchases of re property. The IRS may impose penalties on promoters, appraisers and other person involved in these transactions. In appropriate cases, the IRS may challenE the tax-exempt status of the charitable organization, based on the organization's operation for a substantial nonexempt purpose or impermissible private benefit. One of the agency's four service -wide enforcement priorities is to discour and deter non-compliance within tax-exempt and government entities anc misuse of such entities by third parties for tax avoidance and other file: //C: \WINDOWS\Temporary%20lnternet%20Fi1es\Content.IE5\W 567WDMZ\Treasu... 07/08/2004 Received JuI-08-04 03:02pm From-415 457 6981 To -PALM DESERT CITY CLE Page 06 JUL 08 04 03:25p Citd Builders/Cruse Exper 415 457-6981 Treasury and IRS Issue Notice Regarding Improper Deductions for Conservation Easeme... p.7 Page 2 of 2 Forms and Publications Where To File Contact My Local Office Frequently Asked Questions I' :payer Advocate unintended purposes. Related Item: Notice 2004-41 (PDF 64K) — Charitable Contributions ai Conservation Easements Subscribe to IRS Newswire IB.S P 'vacy Paligy Contact Us file://C:\WINDOWS\Temporary%20lnternet%20Files\Content.IE5\W 567W DMZ\Treasu. _ . 07/08/2004 Received Jul-08-04 03:02pm From-415 457 6981 To -PALM DESERT CITY CLE Page 07 'Jul 08 04 03:24p City Builders/Cruse Exper 415 457-6981 p.l July 8, 2004 City of Palm Desert Robert A Spiegel, Mayor Buford A Crites, Mayor Pro Tem Richard S Kelly, Council Member Jean M Benson, Council Member Jim Ferguson, Council Member RE: PDCC Development, LLC Dear Mayor & Council Members: Yesterday morning I became aware of a letter that has been placed at the doors of many homes in Palm Desert Country Club. A copy of this letter is enclosed. The letter contains deceptive language about the City of Palm Desert requesting homeowners to alter the declarations which protect the golf course lots. The letter reads "As a courtesy to you, the Palm Desert City Council has asked us to bring a notary to you, at no cost, to obtain your signature(s)." According to Carlos Ortega, he has read the letter and has no knowledge of any such request by the City of Palm Desert. CO This statement by Palm Desert Country Club Development, LLC is highly deceptive and is being used to manipulate the owners of property in tracts 2137 and 2283 into signing a document giving away their rights under the Declaration of Restrictions to not have any additional homes built within the tracts. It is being done under the auspices of being sanctioned by the City of Palm Desert. The reference that the Palm Desert City Council has requested their notarized signatures would in many cases persuade property owners to sign away their rights without understanding the consequences of their actions as they trust the City of Palm Desert and will cooperate when asked to by their civic leaders. The letter also states "The deed to your home contains a clause which expired in 1990, and will be modified." This is also incorrect; the Declaration of Restrictions is still a valid document and is in force today. The overall effect is to make homeowner's believe that the City has made a determination about the effect of the declarations. Received JuI-08-04 03:02pm From-415 457 6981 To -PALM DESERT CITY CLE Page 01 Jul be 04 03:24p Citti Builders/Cruse Exper 415 457-6981 p•2 This same paragraph ends with "The deed restriction will not be removed, merely modified." If this is the case the City as well as all the property owners of Palm Desert Country Club Association should have clear knowledge of what this modification to the deed restriction says_ The actual document is being circulated surreptitiously so as to avoid any countering of its purpose. This representation that the deed restriction will be "modified" is also counter to Palm Desert Country Club Development, LLC's claim that the original item #17 could not be a part of the Development Agreement passed by the Palm Desert City Council on June 24, 2004 as it would preclude them from using an IRS credit for preservation of open space. If the City does not take action in regards to this misrepresentation, many homeowners will be deceived into thinking that the City of Palm Desert has indeed asked for their signatures. On another matter, it came to my attention today that a packet of information was given to City Council members at some time on or after June 24, 2004. Attached to this letter is a one -page document from this packet titled "Salient Facts". In this document there are many false accusations about myself and Jerome Pineau. So as not to leave the impression that these accusations are correct if left uncontroverted, I will touch on them very briefly: We have never had any conflict or even contact with ANY other developer, and have no experience "holding developers hostage for cash." We were not at all "shaking down developer for $1,000,000+ cash settlement in exchange for not stopping project". In fact we repeatedly told the developers that all that we wanted was the removal of some of the homes in the driving range. We even gave them a proposal that all involved property owners in the driving range agreed to which amounted to the removal of 17 new home sites. This proposal would place all property lines of the new home sites at 250 feet from any existing property. The developers told us that they would not even consider the removal of even ONE new home site for us and THEY requested that we propose a cash settlement amount that would be sufficient for our entire group_ The statement "Theodoratus fail (sic.) to disclose that developed (sic.) dropped building sites and pulled the development to grant her request for a longer view shed". The truth is that the developers dropped one home site in the entire driving range for the benefit of Claudette Whiston at 77160 Indiana. They also angled the home sites away from her view shed again at her request and lowered the rooflines 3 feet, as the homeowners on Indiana would have been 4 % feet below the grade level of the new homes. The distance from my lot to the closest lot was lengthened by only about 10 feet. The statement, "Theodoratus failed to disclose that developer offered her numerous options: buy her home and/or an option at fair market value: or an Received Jul-08-04 03:02pm From-415 457 6981 To —PALM DESERT CITY CLE Page 02 Jul 08 04 03:24p City Builders/Cruse Exper 415 457-6981 p • 3 opportunity to choose a new home." The developers did indeed offer to purchase my home for the appraised value of $241,000 + 10% to be paid after construction. As you may know the property values in PDCC have now gone over $300,000 for property on the golf course making this an unreasonable offer as everyone knows that housing prices are escalating and would have outstripped the $241,000.00 option price before the developers ever broke ground. I was never given any offer to "choose a new home". Please do not be deceived by the continuing efforts of the developers to silence a group of Palm Desert residents who are being victimized by this project. Lisa Theodoratus Received Jul-08-04 03:02pm From-415 457 6981 To —PALM DESERT CITY CLE Page 03 Jul 08 04 03:24p Cir.y Builders/Cruse Exper 415 457-6981 p.4 Hello Neighbor, Sorry we missed you! Paim D¢sert Country Club Development LLC As you may or may not know, the new development and renovation of Palm Desert Country Club was approved by our City Council on Thursday, June 24, 2004. Tracts 2137 and 2283 fall within this development. The deed to your home contains a clause which expired in 1990, and will be modified. As a courtesy to you, the Palm Desert City Council has asked us to bring a notary to you, at no cost, to obtain your signature(s). The deed restriction will not be removed, merely modified. We are available from 9:00 a.m.-12:00 noon, and from 5:00 until approximately 7:00 p.m. If these times are inconvenient for you, we will come to your home in a time frame that suits you. Simply call Scott Johnson, General Manager, Palm Desert Country Club, to set an appointment - (760) 272-6819 or, e-mail him at PDCCPROc AOL.com, and a representative from Palm Desert Country Club and Palm Desert Country Club Development, LLC, along with a Notary Public will stop by. Once again, this service is free of charge. Attached are renderings of the new Club House, and the new homes being developed. Please take a few minutes to look at the areas involved. The new homes being built will be modified in your current deed restriction. Should you have any questions, please feel free to call. Thank you for your anticipated prompt response. Palm Desert Country Club Development LLC and Palm Desert Country Club Received Jui-08-04 03:02pm From-415 457 6981 To -PALM DESERT CITY CLE Page 04 Ju.l 08 04 03:25p 07/07/2004 21:41 760776 JESA PRINTING Citti Builders/Cruse Exper 415 457-6981 P • 5 PAGE 02 SALIENT FACTS THE PROJECT: • Enhances the golf course, the clubhouse and the community. • Brings 95 new homeowners to Palm Desert. • Creates substantial jobs for the construction industry. • Creates substantial long-term jobs for the golf course and clubhouse. • Revitalizes a tired community and brings excitement back to the people. THE NAYSAYERS: • "Shaking down developer for $1,000,000+ cash settlement in exchange for not slopping project • Has sued developer for "monetary, declaratory, injunctive and punitive remedies". • Pineau and Theodoratus are experienced in holding developers hostage for cash. • Inciting fear within the community telling homeowners their property rights will be lost. • Caused a panic within the community by misinforming property owners about bome values. • Pineau failed to advise Council that developer met with him many times, often in the company of City Staff and/or their attorney to satisfy his concerns. • Pineau failed to advise Council that developer forfeited a building site adjacent to his home to satisfy his concerns. • Theodoratus failed to disclose the many meetings developer had with her in the presence of her attorney and City Staff to satisfy her concerns. • Theodoratus failed to disclose that developed dropped building sites and pulled the development to grant her request for a longer view shed. • Theoduratus failed to disclose that developer offered her numerous options: buy her home and/or an option at fair market value: or an opportunity to choose a new home. • Pineau and Theodoratus failed to disclose that they attended and disrupted many community meetings held by the developer. Pineau has made unfounded accusations in written handouts and on his website attacking the developer's ethics and misleading the public about the project. • Escobedo falsified an address. • Cray falsified a claim to be a homeowner. THE COUNCIL'S CONCERNS: • Naysayers: Extensive efforts have been done to satisfy naysayers, 10 no avail. • Item 17: Not a problem - but developer requires use of Preservation Easement. • Budget: currently being reviewed by third party CPA and Phil Drell. • Storage facility: Merely a relocation and improvement of an existing facility, which received unamimous approval of the Design Review Committee. THE DEVELOPER'S CONCERNS: • Cost of lawsuit with naysayers will be substantial in terms of money and time. • Class action suit of homeowners against naysayers will tie up property for years. • Investors have grown tired of never-ending delays with project. • Developer is apprehensive to continue spending money on a losing battle. • Developers property and personal safety have been threatened. • Developer feels their professional work ethic. substantial investment and quality product have not earned due respect from Council. Received JuI-08-04 03:02pm From-415 457 6981 To -PALM DESERT CITY CLE Page 05 Jul 08 04 03:25p City Builders/Cruse Exper 415 457-6981 p-6 Treasury and IRS Issue Notice garding Improper Deductions for Con: ation Easeme... Page 1 of 2 Internal Revenue Service IRS.gov .. Home I Tax Stats About IRS ! freers 1 FOIA I The Newsroom I Accessibility. I Si Math [ Espanol [ Help u Search IRS Site for: -I a Search Forms and 0 Publications for: Tars for puccesaful searchies Home > The Newsroom !TA Infnrmatinn fnr What's Hot News Releases IRS - The B.asics IRS Guidance Media Contacts Facts & Figures problem Alerts Around the Nation e-News Subscriptions 0 r 1 RAInfnel Tnnirm J 0 Tix Tips 2004 Eat Sheets Armed Forces Disaster Relief Offshore Compliance Scams / Consumer Alerts Tax Shelters More Topics . . U 1 l n-- e-file The Treasury and IRS Issue Notice Regarding ImI Deductions for Conservation Easement Donati IR-2004-86, June 30, 2004 WASHINGTON — Today the Treasury Department and the Internal Revenue Service issued a notice to advise taxpayers that the IRS intends I _ disallow improper charitable contribution deductions for transfers of easements on real property to charitable organizations and for transfers of easements in connection with purchases of real property from charitable organizations. Taxpayers claiming improper charitable contribution deductions for such transfers may be subject to accuracy -related penalties "We've uncovered numerous instances where the tax benefits of preservi: open spaces and historic buildings have been twisted for inappropriate _ individual benefit," said IRS Commissioner Mark W. Everson. "Taxpaye who want to game the system and the charities that assist them will be cal to account." The IRS is aware that some taxpayers are claiming inappropriate charitab contribution deductions for easement transfers that do not qualify as quali conservation contributions, or are claiming deductions for amounts that exceed the fair market value of the donated easement. In addition, the IRS is aware that some taxpayers are claiming inappropri. charitable contribution deductions for cash payments or easement transfer charitable organizations in connection with the taxpayers' purchases of re property. The IRS may impost penalties on promoters, appraisers and other person involved in these transactions. In appropriate cases, the IRS may challenp the tax-exempt status of the charitable organization, based on the organization's operation for a substantial nonexempt purpose or impermissible private benefit. One of the agency's four service -wide enforcement priorities is to discoui and deter non-compliance within tax-exempt and government entities anc misuse of such entities by third parties for tax avoidance and other file: //C: \WINDOWS\Temporary%20lnternet%20Files\Content.IE5\W 567WDMZ\Treasu... 07/08/2004 Received Jul-08-04 03:02pm From-415 457 6981 To —PALM DESERT CITY CLE Page 06 Ju1.08 04 03:25p Cit.Builders/Cruse Exper 415 457-6981 p.7 Treasury and IRS Issue Notice garding Improper Deductions for Con: ation Easeme... Page 2 of 2 Forms anctPublications Where To File Contact My Local Office Frequently Asked Questions Taxpayer Advocate unintended purposes. Related Item: Notice 2004-41 (PD1 64K) — Charitable Contributions ai Conservation Easements subscribe to IRS Newswire IR.S Privacy Policy Cpntact3Zs tile://C: \WINDOWS\Temporary%20lnternet%20Fi les\Content.IE5\W 567W DMZ\Treasu... 07/08/2004 Received Jul-08-04 03:02pm From-415 457 6981 To —PALM DESERT CITY CLE Page 07