Report Prepared by: Joe Cardoso, P.L.S., Land Engineer
Title
SUBJECT: Parsons Avenue Corridor Project No. 107023 - Quitclaim Deed to Laura Pasley and Richard S. Gonzalez for 2300 Andregg Avenue
REPORT IN BRIEF
Consider approving a Quitclaim Deed to Laura Pasley and Richard S. Gonzalez for 2300 Andregg Avenue, as originally purchased for the Parsons Avenue Corridor Project.
RECOMMENDATION
City Council - Adopt a motion:
A. Approving the Quitclaim Deed to Laura Pasley, a single women and Richard S. Gonzalez, a married man as his sole and separate property for 2300 Andregg Avenue, and;
B. Authorizing the City Manager or Assistant City Manager to execute the necessary documents.
Body
ALTERNATIVES
1. Approve, as recommended by staff; or,
2. Approve, subject to other than recommended by staff; or
3. Deny; or,
4. Refer to staff for reconsideration of specific items (specific items to be addressed in the motion); or
5. Continue to a future meeting (date and time to be specified in the motion).
AUTHORITY
Charter of the City of Merced, Section 200
CITY COUNCIL PRIORITIES
As provided for in the 2015-16 Adopted Budget.
DISCUSSION
The City of Merced entered into a Purchase and Sales Agreement with Antonio Perez Meraz ("Meraz") on October 7, 2013, to purchase his property located at 2300 Andregg Avenue for $45,000 (the "Property"). The Property consists of 0.29 acres in the Parsons Avenue Corridor.
The close of escrow was extended several times at the seller's request, but by September 4, 2014 the City had deposited a total $46,032.62 into an escrow account at TransCounty Title Company for the purchase of the Property. On September 8, 2014 TransCounty recorded a Grant Deed from Meraz to the City as Document No. 2014-027707, Merced County Records. The City also received a refund from the title company of $110.62 the same day.
On August 6, 2013 the County of Merced recorded a Notice of Power to Sell Tax-Defaulted Property in Document No. 2013-...
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