HomeMy WebLinkAboutInfo Rprt - APN 622-370-014 and Allied Affordable Housing LLC PALM DESERT HOUSING AUTHORITY
STAFF REPORT
REQUEST: RECEIVE AND FILE INFORMATION RELATED TO APN 622-370-014
SUBMITTED BY: Jessica Gonzales, Management Analyst - Housing
DATE: May 26, 2016
Recommendation
By Minute Motion, that the Authority Board, receive and file information related to APN
622-370-014
Strateqic Plan Obiective
This request does not apply to a specific strategic plan goal.
Executive Summary
On January of 2016, the Authority Board approved the draft Ground Lease and Regulatory
Agreement ("Lease Agreement") with Allied Affordable Housing, LLC ("Allied") for a long-term
lease of the property located behind Desert ARC of approximately 1.83 acres known as
assessor's parcel number ("APN") 622-370-014 (previously identified as a portion of APN 622-
020-089, then subdivided and known as APN 622-020-096 and after that as APN 622-360-015).
The intent of the Lease Agreement is to facilitate the improvement of such property (the
"Project"). In anticipation of the Project being developed, staff would like to clarify the multiple
APN references on varying documents of the Project.
APN 622-370-014 is the most current APN for the Project property owned by the Palm Desert
Housing Authority ("Housing Authority"). The original APN 622-020-096 was remapped (1-to-1)
to 622-360-015, and then remapped again to 622-370-014. The remap process does not modify
a parcel boundary or trigger a reassessment.
Note that the Project property initially was owned by Desert Arc and existed as one parcel
known as APN 622-020-089. ���f� $ �
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Staff recommends the information to be received and filed. ON S- 2b—t�o
Fiscal Analvsis VERIFIED BY: �k��'�Y''`
There is no fiscal impact associated with this information. �j��nal On fi�E' wlth Cit1/ CI@t'k�S �ffICF
Submitted Department Hea .
Je ic Gonzales, Man gement Analyst - Housing J net . Moore, Director of Finance
Approval:
J tin McCarthy, Interi ec tive Director