OSB RESOLUTION 2017-07 A RESOLUTION OF THE DISSOVLED ...

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OSB RESOLUTION 2017-07 A RESOLUTION OF THE DISSOVLED TULARE REDEVELOPMENT AGENCY SUCCESSOR AGENCY’S OVERSIGHT BOARD, CONFIRMING THE APPROVAL OF THE SUCCESSOR AGENCY’S OVERSIGHT BOARD MINUTES WHEREAS, pursuant to Health and Safety Code Section 34173(d), the City of Tulare (“RDA Successor Agency”) is the successor agency to the dissolved Redevelopment Agency of the City of Tulare (“Agency”); and, WHEREAS, the Oversight Board is the RDA Successor Agency’s oversight board pursuant to Health and Safety Code Section 34179(a); and, WHEREAS, Health and Safety Code Section 34179(e) requires that all actions taken by the Oversight Board be adopted by resolution; and, WHEREAS, the Oversight Board Secretary or designee has prepared and submitted the Minutes for the Board Meeting(s) of February 8, 2017 for approval by resolution; and, WHEREAS, all other legal prerequisites to the adoption of this Resolution have occurred. NOW, THEREFORE, THE OVERISIGHT BOARD OF THE SUCCESSOR AGENCY TO THE DISSOLVED REDEVELOPMENT AGENCY OF THE CITY OF TULARE DOES HEREBY RESOLVE AS FOLLOWS: Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference. Section 2. CEQA Compliance. The approval of the Board Minutes through this Resolution does not commit the RDA Successor Agency or the Oversight Board to any action that may have a significant effect on the environment. As a result, such action does not constitute a project subject to the requirements of the California Environmental Quality Act. Section 3. Approval of the Minutes. The Oversight Board approves the Minutes for the Board Meetings of February 8, 2017, in substantially the form attached to this Resolution as Exhibit A. Section 4. Severability. If any provision of this Resolution or the application of any such provision to any person or circumstance is held invalid, such invalidity shall not affect other provisions or application of this Resolution that can be given effect without the invalid provision or application, and to this end, the provisions of this Resolution are severable. The Oversight Board declares that the Oversight Board would have adopted this Resolution irrespective of the invalidity of any particular portion of this Resolution. Section 5. Certification. The City Clerk of the City of Tulare, acting on behalf of the Oversight Board as its Secretary, shall certify to the adoption of this Resolution. Section 6. Implementation and Transmittal of the Administrative Budget. The Successor Agency’s designee and/or the Oversight Board Chairperson are hereby authorized and

Transcript of OSB RESOLUTION 2017-07 A RESOLUTION OF THE DISSOVLED ...

OSB RESOLUTION 2017-07

A RESOLUTION OF THE DISSOVLED TULARE REDEVELOPMENT AGENCY SUCCESSOR AGENCY’S OVERSIGHT BOARD, CONFIRMING THE APPROVAL OF

THE SUCCESSOR AGENCY’S OVERSIGHT BOARD MINUTES

WHEREAS, pursuant to Health and Safety Code Section 34173(d), the City of Tulare (“RDA Successor Agency”) is the successor agency to the dissolved Redevelopment Agency of the City of Tulare (“Agency”); and, WHEREAS, the Oversight Board is the RDA Successor Agency’s oversight board pursuant to Health and Safety Code Section 34179(a); and, WHEREAS, Health and Safety Code Section 34179(e) requires that all actions taken by the Oversight Board be adopted by resolution; and, WHEREAS, the Oversight Board Secretary or designee has prepared and submitted the Minutes for the Board Meeting(s) of February 8, 2017 for approval by resolution; and, WHEREAS, all other legal prerequisites to the adoption of this Resolution have occurred. NOW, THEREFORE, THE OVERISIGHT BOARD OF THE SUCCESSOR AGENCY TO THE DISSOLVED REDEVELOPMENT AGENCY OF THE CITY OF TULARE DOES HEREBY RESOLVE AS FOLLOWS: Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference. Section 2. CEQA Compliance. The approval of the Board Minutes through this Resolution does not commit the RDA Successor Agency or the Oversight Board to any action that may have a significant effect on the environment. As a result, such action does not constitute a project subject to the requirements of the California Environmental Quality Act. Section 3. Approval of the Minutes. The Oversight Board approves the Minutes for the Board Meetings of February 8, 2017, in substantially the form attached to this Resolution as Exhibit A. Section 4. Severability. If any provision of this Resolution or the application of any such provision to any person or circumstance is held invalid, such invalidity shall not affect other provisions or application of this Resolution that can be given effect without the invalid provision or application, and to this end, the provisions of this Resolution are severable. The Oversight Board declares that the Oversight Board would have adopted this Resolution irrespective of the invalidity of any particular portion of this Resolution. Section 5. Certification. The City Clerk of the City of Tulare, acting on behalf of the Oversight Board as its Secretary, shall certify to the adoption of this Resolution. Section 6. Implementation and Transmittal of the Administrative Budget. The Successor Agency’s designee and/or the Oversight Board Chairperson are hereby authorized and

directed to take any action necessary to carry out the purposes of this Resolution and comply with applicable law regarding the administrative budget. Section 7. Effective Date. This pursuant to Health and Safety Code Section 34179(h), all actions taken by the Oversight Board may be reviewed by the State of California Department of Finance. An action of the Oversight Board shall not become effective five business days after notice of said action to the Department of Finance. PASSED, APPROVED AND ADOPTED at a special meeting of the Oversight Board of the Successor Agency to the dissolved Redevelopment Agency of the City of Tulare, on the 22nd day of February, 2017.

________________________________ Chair of the Oversight Board of Successor Agency to City of Tulare Redevelopment Agency

ATTEST: STATE OF CALIFORNIA ) COUNTY OF TULARE ) ss. CITY OF TULARE )

I, Roxanne Yoder, Chief Deputy City Clerk of the City of Tulare, Oversight Board Secretary, certify the foregoing is the full and true Resolution 2017-07 passed and adopted by the Oversight Board of Successor Agency to City of Tulare Redevelopment Agency at a special meeting held on February 22, 2017, by the following vote: Aye(s) ____________________________________________________________ Noe(s) ______________________ Absent/Abstention(s) ____________________. Dated: OVERSIGHT BOARD SECRETARY _____________________________ Roxanne Yoder

EXHIBIT A TULARE OVERSIGHT BOARD – ACTION MINUTES (SPECIAL MEETING) SESSION INFORMATION Objective: In accordance with the requirements of AB 1X 26 - Meeting of the Oversight

Board specific to those actions and activities, as necessary, to facilitate the wind down of the former Tulare Redevelopment Agency

Date: 02/08/17 Pete Vander Poel III – County of Tulare

Kathy Melendez - City of Tulare

Time: 5:30 PM John Hess – County of Tulare

John Beck – Former Superintendent of Schools

Location: Tulare City Hall Library Conference Room 411 East Kern Avenue Tulare, CA 93274

Bill Postlewaite – City of Tulare

Ken Nunes – College of the Sequoias N/A – Tulare Regional Medical Center

AGENDA ITEMS PRESENTER

1. Call to Order 5:44p.m. 2.

Roll Call

Present: Pete Vander Poel, Kathy Melendez John Beck, Ken Nunes

Absent: John Hess, Bill Postlewaite Staff Present: Darlene Thompson, Steve Bonville, Roxanne Yoder

3. Citizen’s Comments & Communications Comments from the public are limited to items listed on the agenda (GC 54654.3a). Speakers will be allowed three (3) minutes. Please begin your comments by stating and spelling your name and providing your city of residence.

None

4. Presentations: None 5. Approval of Previous Meeting Minutes

A. Adopt OSB Resolution 2017-03 approving the Action

Minutes of January 25, 2017

Moved by Board Member Beck, seconded by Board Member Nunes and carried 4 to 0 to adopt Resolution 2017-03 as presented.

6. Old Business None 7. New Business

A. Adopt OSB Resolution 2017-04 approving the

sale of Assessor Parcel Number #181-040-011, Property #1, located in the City of Tulare to All Valley Housing Services Inc., in the amount of $14,000 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

B. Adopt OSB Resolution 2017-05 approving the sale of Assessor Parcel Number (“APN”) 170-232-012, Property #11 for the amount of $44,900 from Tulare First Baptist Church., in the amount of $14,000 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

C. Adopt OSB Resolution 2017-06 approving the sale of Assessor Parcel Number (“APN”) 170-253-017, Property #16 for the amount of $33,500 from Holmes Property, LLC., in the amount of $14,000 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

Steve Bonville provided a report for the Board’s review and consideration. Following discussion it moved by Board Member Nunes, seconded by Board Member Beck and unanimously carried 4 to 0 to adopt Resolutions 2017-04, 2017-05 and 2017-06 as presented.

8. 9.

Chairperson and Board Members’ Items of Interest Adjournment In compliance with the Americans with Disabilities and Brown Act, if you need special assistance to participate in the meeting, including the receipt of the agenda and documents in the agenda package in an alternate format, please contact the City Clerk’s Office (559) 684-4200. Notification 48-hours prior to the meeting will enable the Successor Agency to make reasonable arrangements to ensure accessibility to this meeting (28 CFR 35. 102-35, 104 ADA Title II), and allow for the preparation of documents in the appropriate alternate format.

Chairperson and Board Members 5:50 p.m.

Item 7A

TO: Tulare Redevelopment Successor Agency Oversight Board FROM: Oversight Board Staff DATE: February 22, 2017 RE: Recommend the sale of Assessor Parcel Number “(APN”) 176-051-

003, Property #2 SUMMARY The Oversight Board of the Successor Agency to the Tulare Redevelopment Agency (“Oversight Board”) will consider a resolution approving the sale of Assessor Parcel Number 176-051-003, Property #2, located in the City of Tulare to Juan Carlos Miguel Garcia. BACKGROUND Assembly Bill (“AB”) x1 26, amended by AB 1484 and Senate Bill 107 (collectively, “Dissolution Law”), codified in the California Health & Safety Code requires successor agencies to prepare a Long Range Property Management Plan (“LRPMP”) that addresses the disposition and use of the real properties of the former redevelopment agency (“RDA”). The Successor Agency to the Tulare Redevelopment Agency (“Successor Agency”) prepared a revised LRPMP, which was approved by the Oversight Board on September 23, 2015 and by the California Department of Finance (“DOF”) on December 31, 2015. The LRPMP as approved requires the sale and disposal of 19 RDA properties. The Successor Agency retained three local brokers to market and submit offers on the LRPMP properties, as well as RSG Inc. to coordinate the disposition process. The three brokers are Adrian Herrera, Craig Smith, and Troy Guy. On December 13, 2016, RSG presented an overview of the properties and the unique requirements imposed by the Dissolution Law. The three local brokers subsequently divided the properties among themselves to sell on an exclusive-agency basis. In February of 2017, the office of Adrian Herrera presented three offers and Purchase and Sale Agreements (“PSA”) for Property #2 (APN 176-051-003), a vacant lot parcel located at 225-227 South K Street, Tulare. The offers presented are as follows: All Valley Housing Services, Inc. with $18,000, Carmen L. Rivera de Herrera with $18,000, and Juan Carlos Miguel Garcia with $22,000. The Successor Agency chose the highest offer of $22,000. The proposed buyer is Juan Carlos Miguel Garcia. The proposed purchase prices is $4,000 more than the property’s appraised and asking price of $18,000. DISCUSSION Attached to the resolution is the proposed PSA for Property #2 from Juan Carlos Miguel Garcia for $22,000, approved by the Successor Agency on 02/21/2017 and now presented to the Oversight Board for acceptance and approval. Once approved by the Oversight Board, staff will transmit the Oversight Boards resolution on the PSA, for review by the DOF and open escrow on the subject property. While the property is in escrow, the

Successor Agency may accept back-up offers for the property in case the property falls out of escrow. FISCAL IMPACT Proceeds from the sale of Successor Agency LRPMP properties will be used to pay for enforceable obligations on the Recognized Obligation Payment Schedule. STAFF RECOMMENDATION Adopt OSB Resolution 2017-08 approving the sale of Assessor Parcel Number #176-051-003, Property #2, located in the City of Tulare to Juan Carlos Miguel Garcia in the amount of $22,000 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

OSB RESOLUTION 2017-08

A RESOLUTION OF THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD RECOMMENDING A PURCHASE OFFER TO THE STATE OF CALIFORNIA DEPARTMENT OF FINANCE FOR PURCHASE OF ASSESSOR PARCEL NUMBER 176-051-003

WHEREAS, the City of Tulare elected to serve as the Successor Agency to the former Tulare Redevelopment Agency (“Successor Agency”) pursuant to Assembly Bill x1 26 (“ABx1 26”) as codified in the California Health & Safety Code (“HSC”); and

WHEREAS, ABx1 26 was amended by Assembly Bill 1484 and Senate Bill 107 (collectively, the “Dissolution Act”); and

WHEREAS, among the duties of successor agencies under the Dissolution Act as amended is the preparation of an annual Recognized Obligation Payment Schedule (“ROPS”) that includes the ensuing two six-month periods for consideration by a local oversight board and the California Department of Finance (“DOF”) for purposes of administering the wind-down of financial obligations of the former Redevelopment Agency; and

WHEREAS, the most recent version of the Long-Range Property

Management Plan for the Successor Agency was approved by The Tulare Redevelopment Successor Agency Oversight Board (“Oversight Board”) on September 23, 2015 and by DOF on December 31, 2015; and

WHEREAS, the Long-Range Property Management Plan identified 22

properties as assets of the Successor Agency that the Successor Agency wishes to sell, including Assessor Parcel Number (“APN”) 176-051-003, Property #2; and

WHEREAS, the Successor Agency employed Craig Smith to list APN 176-

051-003, Property #2 on the open real estate market; and WHEREAS, the Successor Agency received three purchase offers for

APN 176-051-003 in the amounts of $18,000, $18,000 and $22,000, all at or above the Broker’s Opinion of Value and the listed amount, accepting the highest offer of $22,000; and

WHEREAS, the Successor Agency reviewed the purchase offer for

$22,000 from Juan Carlos Miguel Garcia, and on February 21, 2017, has recommended it to the Oversight Board for final acceptance.

NOW, THEREFORE, THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD DOES HEREBY RESOLVE, ORDER, AND DETERMINE AS FOLLOWS:

Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.

Section 2. Purchase Offer Recommendation. The Tulare

Redevelopment Successor Agency Oversight Board accepts and approves the Purchase of Assessor Parcel Number (“APN”) 176-051-003, Property #2 for the amount of $22,000 to Juan Carlos Miguel Garcia.

PASSED, APPROVED, AND ADOPTED this 22nd day of February 2017 by The Tulare Redevelopment Successor Agency Oversight Board.

________________________________ Chair of the Oversight Board of Successor Agency to City of Tulare Redevelopment Agency

ATTEST: STATE OF CALIFORNIA ) COUNTY OF TULARE ) SS. CITY OF TULARE ) I, Roxanne Yoder, Chief Deputy of the City of Tulare, Successor Agency Secretary, certify the foregoing is the full and true OSB Resolution 2017-08 passed and adopted by The Tulare Redevelopment Successor Agency Oversight Board at a regular meeting held on February 22, 2017, by the following vote: Aye(s)__________________________________________________________ Noe(s)__________________________Absent/Abstention(s)_______________. Dated: BOARD SECRETARY _________________________ Roxanne Yoder

Property #2

APN: 176-051-003-000 Address: 225 South K Street

Zone: C-3 Retail Commercial Size: 7,275 square feet

Notes

Site Information Property was formerly the site of a downtown retail commercial structure and business. The structure is no longer there. It is a vacant lot served by City water, sanitary sewer, storm wa-ter drainage, solid waste, and street cleaning services.

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Item 7B

TO: Tulare Redevelopment Successor Agency Oversight Board FROM: Oversight Board Staff DATE: February 22, 2017 RE: Recommend the sale of Assessor Parcel Number “(APN”) 170-232-

010, Property #7 SUMMARY The Oversight Board of the Successor Agency to the Tulare Redevelopment Agency (“Oversight Board”) will consider a resolution approving the sale of Assessor Parcel Number 170-232-010, Property #7, located in the City of Tulare to All Valley Housing Services, Inc. BACKGROUND Assembly Bill (“AB”) x1 26, amended by AB 1484 and Senate Bill 107 (collectively, “Dissolution Law”), codified in the California Health & Safety Code requires successor agencies to prepare a Long Range Property Management Plan (“LRPMP”) that addresses the disposition and use of the real properties of the former redevelopment agency (“RDA”). The Successor Agency to the Tulare Redevelopment Agency (“Successor Agency”) prepared a revised LRPMP, which was approved by the Oversight Board on September 23, 2015 and by the California Department of Finance (“DOF”) on December 31, 2015. The LRPMP as approved requires the sale and disposal of 19 RDA properties. The Successor Agency retained three local brokers to market and submit offers on the LRPMP properties, as well as RSG Inc. to coordinate the disposition process. The three brokers are Adrian Herrera, Craig Smith, and Troy Guy. On December 13, 2016, RSG presented an overview of the properties and the unique requirements imposed by the Dissolution Law. The three local brokers subsequently divided the properties among themselves to sell on an exclusive-agency basis. In February of 2017, the office of Adrian Herrera presented an offer and a Purchase and Sale Agreement (“PSA”) for Property #7 (APN 170-232-010), a vacant lot parcel located at 450 ½ North N Street, Tulare. The proposed buyer is All Valley Housing Services, Inc. The proposed purchase price is $14,000, less than the property’s appraised and asking price of $14,900. DISCUSSION Attached to the resolution is the proposed PSA for Property #7 to All Valley Housing Services, Inc. for $14,000, approved by the Successor Agency on 02/21/2017 and now presented to the Oversight Board for acceptance and approval. Once approved by the Oversight Board, staff will transmit the Oversight Boards resolution on the PSA, for review by the DOF and open escrow on the subject property. While the property is in escrow, the Successor Agency may accept back-up offers for the property in case the property falls out of escrow.

FISCAL IMPACT Proceeds from the sale of Successor Agency LRPMP properties will be used to pay for enforceable obligations on the Recognized Obligation Payment Schedule. STAFF RECOMMENDATION Adopt OSB Resolution 2017-09 approving the sale of Assessor Parcel Number 170-232-010, Property #7, located in the City of Tulare to All Valley Housing Services, Inc. in the amount of $14,000 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

OSB RESOLUTION 2017-09

A RESOLUTION OF THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD RECOMMENDING A PURCHASE OFFER TO THE STATE OF CALIFORNIA DEPARTMENT OF FINANCE FOR PURCHASE OF ASSESSOR PARCEL NUMBER 170-232-010

WHEREAS, the City of Tulare elected to serve as the Successor Agency to the former Tulare Redevelopment Agency (“Successor Agency”) pursuant to Assembly Bill x1 26 (“ABx1 26”) as codified in the California Health & Safety Code (“HSC”); and

WHEREAS, ABx1 26 was amended by Assembly Bill 1484 and Senate Bill 107 (collectively, the “Dissolution Act”); and

WHEREAS, among the duties of successor agencies under the Dissolution Act as amended is the preparation of an annual Recognized Obligation Payment Schedule (“ROPS”) that includes the ensuing two six-month periods for consideration by a local oversight board and the California Department of Finance (“DOF”) for purposes of administering the wind-down of financial obligations of the former Redevelopment Agency; and

WHEREAS, the most recent version of the Long-Range Property

Management Plan for the Successor Agency was approved by The Tulare Redevelopment Successor Agency Oversight Board (“Oversight Board”) on September 23, 2015 and by DOF on December 31, 2015; and

WHEREAS, the Long-Range Property Management Plan identified 22

properties as assets of the Successor Agency that the Successor Agency wishes to sell, including Assessor Parcel Number (“APN”) 170-232-010, Property #7; and

WHEREAS, the Successor Agency employed Craig Smith to list APN 170-

232-010, Property #7 on the open real estate market; and WHEREAS, the Successor Agency received three purchase offers for

APN 170-232-010 in the amounts of $14,000, $14,900 and $16,000, below, equivalent and above the Broker’s Opinion of Value and the listed amount of $14,900; and

WHEREAS, the Successor Agency reviewed the purchase offer for

$16,00 from Gerrid Climer, and on February 21, 2017, has recommended it to the Oversight Board for final acceptance.

NOW, THEREFORE, THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD DOES HEREBY RESOLVE, ORDER, AND DETERMINE AS FOLLOWS:

Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.

Section 2. Purchase Offer Recommendation. The Tulare

Redevelopment Successor Agency Oversight Board accepts and approves the Purchase of Assessor Parcel Number (“APN”) 170-232-010, Property #7 for the amount of $Error! Reference source not found. to Gerrid Climer.

PASSED, APPROVED, AND ADOPTED this 22nd day of February 2017 by The Tulare Redevelopment Successor Agency Oversight Board.

________________________________ Chair of the Oversight Board of Successor Agency to City of Tulare Redevelopment Agency

ATTEST: STATE OF CALIFORNIA ) COUNTY OF TULARE ) SS. CITY OF TULARE ) I, Roxanne Yoder, Chief Deputy of the City of Tulare, Successor Agency Secretary, certify the foregoing is the full and true OSB Resolution 2017-09 passed and adopted by The Tulare Redevelopment Successor Agency Oversight Board at a regular meeting held on February 22, 2017, by the following vote: Aye(s)__________________________________________________________ Noe(s)__________________________Absent/Abstention(s)_______________. Dated: BOARD SECRETARY _________________________ Roxanne Yoder

Property #7

APN: 170-232-010-000 Address: 450 1/2 North N Street

Zone: C-3 Retail Commercial Size: 5,625 square feet

Site Information Property is currently vacant.

Notes

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Item 7C

TO: Tulare Redevelopment Successor Agency Oversight Board FROM: Oversight Board Staff DATE: February 22, 2017 RE: Recommend the sale of Assessor Parcel Number “(APN”) 170-232-

011, Property #8 SUMMARY The Oversight Board of the Successor Agency to the Tulare Redevelopment Agency (“Oversight Board”) will consider a resolution approving the sale of Assessor Parcel Number 170-232-011, Property #8, located in the City of Tulare to All Valley Housing Services, Inc. BACKGROUND Assembly Bill (“AB”) x1 26, amended by AB 1484 and Senate Bill 107 (collectively, “Dissolution Law”), codified in the California Health & Safety Code requires successor agencies to prepare a Long Range Property Management Plan (“LRPMP”) that addresses the disposition and use of the real properties of the former redevelopment agency (“RDA”). The Successor Agency to the Tulare Redevelopment Agency (“Successor Agency”) prepared a revised LRPMP, which was approved by the Oversight Board on September 23, 2015 and by the California Department of Finance (“DOF”) on December 31, 2015. The LRPMP as approved requires the sale and disposal of 19 RDA properties. The Successor Agency retained three local brokers to market and submit offers on the LRPMP properties, as well as RSG Inc. to coordinate the disposition process. The three brokers are Adrian Herrera, Craig Smith, and Troy Guy. On December 13, 2016, RSG presented an overview of the properties and the unique requirements imposed by the Dissolution Law. The three local brokers subsequently divided the properties among themselves to sell on an exclusive-agency basis. In February of 2017, the office of Adrian Herrera presented three offers and Purchase and Sale Agreements (“PSA”) for Property #8 (APN 170-232-011), a vacant lot parcel located at 446 North N Street, Tulare. The offers presented are as follows: All Valley Housing Services, Inc. with $14,000, Carmen L. Rivera de Herrera with $14,900, and Gerrid Climer with $16,000. The Successor Agency chose the highest offer of $16,000. The proposed buyer is Gerrid Climer. The proposed purchase price is $1,100 more than the property’s appraised and asking price of $14,900. DISCUSSION Attached to the resolution is the proposed PSA for Property #8 from Gerrid Climer for $16,000, approved by the Successor Agency on 02/21/2017 and now presented to the Oversight Board for acceptance and approval. Once approved by the Oversight Board, staff will transmit the Oversight Boards resolution on the PSA, for review by the DOF and open escrow on the subject property. While the property is in escrow, the Successor

Agency may accept back-up offers for the property in case the property falls out of escrow. FISCAL IMPACT Proceeds from the sale of Successor Agency LRPMP properties will be used to pay for enforceable obligations on the Recognized Obligation Payment Schedule. STAFF RECOMMENDATION Adopt OSB Resolution 2017-10 approving the sale of Assessor Parcel Number 170-232-011, Property #8, located in the City of Tulare to Gerrid Climer in the amount of $16,000 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

OSB RESOLUTION 2017-10

A RESOLUTION OF THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD RECOMMENDING A PURCHASE OFFER TO THE STATE OF CALIFORNIA DEPARTMENT OF FINANCE FOR PURCHASE OF ASSESSOR PARCEL NUMBER 170-232-011

WHEREAS, the City of Tulare elected to serve as the Successor Agency to the former Tulare Redevelopment Agency (“Successor Agency”) pursuant to Assembly Bill x1 26 (“ABx1 26”) as codified in the California Health & Safety Code (“HSC”); and

WHEREAS, ABx1 26 was amended by Assembly Bill 1484 and Senate Bill 107 (collectively, the “Dissolution Act”); and

WHEREAS, among the duties of successor agencies under the Dissolution Act as amended is the preparation of an annual Recognized Obligation Payment Schedule (“ROPS”) that includes the ensuing two six-month periods for consideration by a local oversight board and the California Department of Finance (“DOF”) for purposes of administering the wind-down of financial obligations of the former Redevelopment Agency; and

WHEREAS, the most recent version of the Long-Range Property

Management Plan for the Successor Agency was approved by The Tulare Redevelopment Successor Agency Oversight Board (“Oversight Board”) on September 23, 2015 and by DOF on December 31, 2015; and

WHEREAS, the Long-Range Property Management Plan identified 22

properties as assets of the Successor Agency that the Successor Agency wishes to sell, including Assessor Parcel Number (“APN”) 170-232-011, Property #8; and

WHEREAS, the Successor Agency employed Craig Smith to list APN 170-

232-011, Property #8 on the open real estate market; and WHEREAS, the Successor Agency received a purchase offer for APN

170-232-011 from All Valley Housing Services, Inc. in the amount of $14,000, less than the Broker’s Opinion of Value and the listed amount of $14,900; and

WHEREAS, the Successor Agency reviewed the purchase offer from All

Valley Housing Services, Inc., and on February 21, 2017, has recommended it to the Oversight Board for final acceptance.

NOW, THEREFORE, THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD DOES HEREBY RESOLVE, ORDER, AND DETERMINE AS FOLLOWS:

Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.

Section 2. Purchase Offer Recommendation. The Tulare

Redevelopment Successor Agency Oversight Board accept and approve the Purchase of Assessor Parcel Number (“APN”) 170-232-011, Property #8 for the amount of $14,000 to All Valley Housing Services, Inc..

PASSED, APPROVED, AND ADOPTED this 22nd day of February 2017 by The Tulare Redevelopment Successor Agency Oversight Board.

________________________________ Chair of the Oversight Board of Successor Agency to City of Tulare Redevelopment Agency

ATTEST: STATE OF CALIFORNIA ) COUNTY OF TULARE ) SS. CITY OF TULARE ) I, Roxanne Yoder, Chief Deputy of the City of Tulare, Successor Agency Secretary, certify the foregoing is the full and true OSB Resolution 2017-10 passed and adopted by The Tulare Redevelopment Successor Agency Oversight Board at a regular meeting held on Februrary 22, 2017, by the following vote: Aye(s)__________________________________________________________ Noe(s)__________________________Absent/Abstention(s)_______________. Dated: BOARD SECRETARY _________________________ Roxanne Yoder

Property #8

APN: 170-232-011-000 Address: 446 North N Street

Zone: C-3 Retail Commercial Size: 5,625 square feet

Site Information Property is currently vacant.

Notes

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Item 7D

TO: Tulare Redevelopment Successor Agency Oversight Board FROM: Oversight Board Staff DATE: February 22, 2017 RE: Recommend the sale of Assessor Parcel Number “(APN”) 170-232-

016, Property #9 SUMMARY The Oversight Board of the Successor Agency to the Tulare Redevelopment Agency (“Oversight Board”) will consider a resolution approving the sale of Assessor Parcel Number 170-232-016, Property #9, located in the City of Tulare to All Valley Housing Services, Inc. BACKGROUND Assembly Bill (“AB”) x1 26, amended by AB 1484 and Senate Bill 107 (collectively, “Dissolution Law”), codified in the California Health & Safety Code requires successor agencies to prepare a Long Range Property Management Plan (“LRPMP”) that addresses the disposition and use of the real properties of the former redevelopment agency (“RDA”). The Successor Agency to the Tulare Redevelopment Agency (“Successor Agency”) prepared a revised LRPMP, which was approved by the Oversight Board on September 23, 2015 and by the California Department of Finance (“DOF”) on December 31, 2015. The LRPMP as approved requires the sale and disposal of 19 RDA properties. The Successor Agency retained three local brokers to market and submit offers on the LRPMP properties, as well as RSG Inc. to coordinate the disposition process. The three brokers are Adrian Herrera, Craig Smith, and Troy Guy. On December 13, 2016, RSG presented an overview of the properties and the unique requirements imposed by the Dissolution Law. The three local brokers subsequently divided the properties among themselves to sell on an exclusive-agency basis. In February of 2017, the office of Adrian Herrera presented an offer and a Purchase and Sale Agreement (“PSA”) for Property #9 (APN 170-232-016), a vacant lot parcel located at 400 Block North N Street, Tulare. The proposed buyer is All Valley Housing Services, Inc. The proposed purchase price is equivalent to the property’s appraised and asking price of $28,000. DISCUSSION Attached to the resolution is the proposed PSA for Property #9 to All Valley Housing Services, Inc. for $28,000, approved by the Successor Agency on 02/21/2017 and now presented to the Oversight Board for acceptance and approval. Once approved by the Oversight Board, staff will transmit the Oversight Boards resolution on the PSA, for review by the DOF and open escrow on the subject property. While the property is in escrow, the Successor Agency may accept back-up offers for the property in case the property falls out of escrow.

FISCAL IMPACT Proceeds from the sale of Successor Agency LRPMP properties will be used to pay for enforceable obligations on the Recognized Obligation Payment Schedule. STAFF RECOMMENDATION Adopt OSB Resolution 2017-11 the sale of Assessor Parcel Number 170-232-016, Property #9, located in the City of Tulare to All Valley Housing Services, Inc. in the amount of $28,000 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

OSB RESOLUTION 2017-11

A RESOLUTION OF THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD RECOMMENDING A PURCHASE OFFER TO THE STATE OF CALIFORNIA DEPARTMENT OF FINANCE FOR PURCHASE OF ASSESSOR PARCEL NUMBER 170-232-016

WHEREAS, the City of Tulare elected to serve as the Successor Agency to the former Tulare Redevelopment Agency (“Successor Agency”) pursuant to Assembly Bill x1 26 (“ABx1 26”) as codified in the California Health & Safety Code (“HSC”); and

WHEREAS, ABx1 26 was amended by Assembly Bill 1484 and Senate Bill 107 (collectively, the “Dissolution Act”); and

WHEREAS, among the duties of successor agencies under the Dissolution Act as amended is the preparation of an annual Recognized Obligation Payment Schedule (“ROPS”) that includes the ensuing two six-month periods for consideration by a local oversight board and the California Department of Finance (“DOF”) for purposes of administering the wind-down of financial obligations of the former Redevelopment Agency; and

WHEREAS, the most recent version of the Long-Range Property

Management Plan for the Successor Agency was approved by The Tulare Redevelopment Successor Agency Oversight Board (“Oversight Board”) on September 23, 2015 and by DOF on December 31, 2015; and

WHEREAS, the Long-Range Property Management Plan identified 22

properties as assets of the Successor Agency that the Successor Agency wishes to sell, including Assessor Parcel Number (“APN”) 170-232-016, Property #9; and

WHEREAS, the Successor Agency employed Craig Smith to list APN 170-

232-016, Property #9 on the open real estate market; and WHEREAS, the Successor Agency received a purchase offer for APN

170-232-016 from All Valley Housing Services, Inc. in the amount of $28,000, the Broker’s Opinion of Value and the listed amount; and

WHEREAS, the Successor Agency reviewed the purchase offer from All

Valley Housing Services, Inc., and on February 21, 2017, has recommended it to the Oversight Board for final acceptance.

NOW, THEREFORE, THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD DOES HEREBY RESOLVE, ORDER, AND DETERMINE AS FOLLOWS:

Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.

Section 2. Purchase Offer Recommendation. The Tulare

Redevelopment Successor Agency Oversight Board accept and approve the Purchase of Assessor Parcel Number (“APN”) 170-232-016, Property #9 for the amount of $28,000 to All Valley Housing Services, Inc..

PASSED, APPROVED, AND ADOPTED this 22nd day of February 2017 by The Tulare Redevelopment Successor Agency Oversight Board.

________________________________ City Manager

ATTEST: STATE OF CALIFORNIA ) COUNTY OF TULARE ) SS. CITY OF TULARE ) I, Roxanne Yoder, Chief Deputy of the City of Tulare, Successor Agency Secretary, certify the foregoing is the full and true OSB Resolution 2017-11 passed and adopted by The Tulare Redevelopment Successor Agency Oversight Board at a regular meeting held on February 22, 2017, by the following vote: Aye(s)__________________________________________________________ Noe(s)__________________________Absent/Abstention(s)_______________. Dated: BOARD SECRETARY _________________________ Roxanne Yoder

Property #9

APN: 170-232-016-000 Address: 400 Block North N Street

Zone: C-2 Professional Office Size: 12,645 square feet

Site Information Property is currently vacant.

Notes

9

Item 7E

TO: Tulare Redevelopment Successor Agency Oversight Board FROM: Oversight Board Staff DATE: February 22, 2017 RE: Recommend the sale of Assessor Parcel Number “(APN”) 170-241-

011, Property #12. SUMMARY The Oversight Board of the Successor Agency to the Tulare Redevelopment Agency (“Oversight Board”) will consider a resolution approving the sale of Assessor Parcel Number 170-241-011 Property #12, located in the City of Tulare to All Valley Housing Services, Inc. BACKGROUND Assembly Bill (“AB”) x1 26, amended by AB 1484 and Senate Bill 107 (collectively, “Dissolution Law”), codified in the California Health & Safety Code requires successor agencies to prepare a Long Range Property Management Plan (“LRPMP”) that addresses the disposition and use of the real properties of the former redevelopment agency (“RDA”). The Successor Agency to the Tulare Redevelopment Agency (“Successor Agency”) prepared a revised LRPMP, which was approved by the Oversight Board on September 23, 2015 and by the California Department of Finance (“DOF”) on December 31, 2015. The LRPMP as approved requires the sale and disposal of 19 RDA properties. The Successor Agency retained three local brokers to market and submit offers on the LRPMP properties, as well as RSG Inc. to coordinate the disposition process. The three brokers are Adrian Herrera, Craig Smith, and Troy Guy. On December 13, 2016, RSG presented an overview of the properties and the unique requirements imposed by the Dissolution Law. The three local brokers subsequently divided the properties among themselves to sell on an exclusive-agency basis. In February of 2017, the office of Craig Smith presented an offer and a Purchase and Sale Agreement (“PSA”) for Property #12 (APN 170-241-011), a vacant lot parcel located at 300 Block North M Street, Tulare. The proposed buyer is All Valley Housing Services, Inc. The proposed purchase price is equivalent to the property’s appraised and asking price of $45,000. DISCUSSION Attached to the resolution is the proposed PSA for Property #12 to All Valley Housing Services, Inc. for $45,000, approved by the Successor Agency on 02/21/2017 and now presented to the Oversight Board for acceptance and approval. Once approved by the Oversight Board, staff will transmit the Oversight Boards resolution on the PSA, for review by the DOF and open escrow on the subject property. While the property is in escrow, the Successor Agency may accept back-up offers for the property in case the property falls out of escrow.

FISCAL IMPACT Proceeds from the sale of Successor Agency LRPMP properties will be used to pay for enforceable obligations on the Recognized Obligation Payment Schedule. STAFF RECOMMENDATION Adopt OSB Resolution 2017-12 approving the sale of Assessor Parcel Number 170-241-011, Property #12, located in the City of Tulare to All Valley Housing Services, Inc. in the amount of $45,000 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

OSB RESOLUTION 2017-12

A RESOLUTION OF THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD RECOMMENDING A PURCHASE OFFER TO THE STATE OF CALIFORNIA DEPARTMENT OF FINANCE FOR PURCHASE OF ASSESSOR PARCEL NUMBER 170-241-011

WHEREAS, the City of Tulare elected to serve as the Successor Agency to the former Tulare Redevelopment Agency (“Successor Agency”) pursuant to Assembly Bill x1 26 (“ABx1 26”) as codified in the California Health & Safety Code (“HSC”); and

WHEREAS, ABx1 26 was amended by Assembly Bill 1484 and Senate Bill 107 (collectively, the “Dissolution Act”); and

WHEREAS, among the duties of successor agencies under the Dissolution Act as amended is the preparation of an annual Recognized Obligation Payment Schedule (“ROPS”) that includes the ensuing two six-month periods for consideration by a local oversight board and the California Department of Finance (“DOF”) for purposes of administering the wind-down of financial obligations of the former Redevelopment Agency; and

WHEREAS, the most recent version of the Long-Range Property

Management Plan for the Successor Agency was approved by The Tulare Redevelopment Successor Agency Oversight Board (“Oversight Board”) on September 23, 2015 and by DOF on December 31, 2015; and

WHEREAS, the Long-Range Property Management Plan identified 22

properties as assets of the Successor Agency that the Successor Agency wishes to sell, including Assessor Parcel Number (“APN”) 170-241-011, Property #12; and

WHEREAS, the Successor Agency employed Craig Smith to list APN 170-

241-011, Property #12 on the open real estate market; and WHEREAS, the Successor Agency received a purchase offer for APN

170-241-011 from All Valley Housing Services, Inc. in the amount of $45,000, the Broker’s Opinion of Value and the listed amount; and

WHEREAS, the Successor Agency reviewed the purchase offer from All

Valley Housing Services, Inc., and on February 21, 2017, has recommended it to the Oversight Board for final acceptance.

NOW, THEREFORE, THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD DOES HEREBY RESOLVE, ORDER, AND DETERMINE AS FOLLOWS:

Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.

Section 2. Purchase Offer Recommendation. The Tulare

Redevelopment Successor Agency Oversight Board accept and approve the Purchase of Assessor Parcel Number (“APN”) 170-241-011, Property #12 for the amount of $45,000 to All Valley Housing Services, Inc.

PASSED, APPROVED, AND ADOPTED this 22th day of February 2017 by The Tulare Redevelopment Successor Agency Oversight Board

________________________________ Chair of the Oversight Board of Successor Agency to City of Tulare Redevelopment Agency

ATTEST: STATE OF CALIFORNIA ) COUNTY OF TULARE ) SS. CITY OF TULARE ) I, Roxanne Yoder, Chief Deputy of the City of Tulare, Successor Agency Secretary, certify the foregoing is the full and true OSB Resolution 2017-12 passed and adopted by The Tulare Redevelopment Successor Agency Oversight Board at a regular meeting held on February 22, 2017, by the following vote: Aye(s)__________________________________________________________ Noe(s)__________________________Absent/Abstention(s)_______________. Dated: BOARD SECRETARY _________________________ Roxanne Yoder

Property #12

APN: 170-241-011-000 Address: 300 Block North M Street

Zone: C-2 Retail Commercial Size: 22,500 square feet

Site Information Property is currently vacant.

Notes

11

Item 7F

TO: Tulare Redevelopment Successor Agency Oversight Board FROM: Oversight Board Staff DATE: February 22, 2017 RE: Recommend the sale of Assessor Parcel Number “(APN”) 170-241-

012, Property #13. SUMMARY The Oversight Board of the Successor Agency to the Tulare Redevelopment Agency (“Oversight Board”) will consider a resolution approving the sale of Assessor Parcel Number 170-241-012 Property #13, located in the City of Tulare to All Valley Housing Services, Inc. BACKGROUND Assembly Bill (“AB”) x1 26, amended by AB 1484 and Senate Bill 107 (collectively, “Dissolution Law”), codified in the California Health & Safety Code requires successor agencies to prepare a Long Range Property Management Plan (“LRPMP”) that addresses the disposition and use of the real properties of the former redevelopment agency (“RDA”). The Successor Agency to the Tulare Redevelopment Agency (“Successor Agency”) prepared a revised LRPMP, which was approved by the Oversight Board on September 23, 2015 and by the California Department of Finance (“DOF”) on December 31, 2015. The LRPMP as approved requires the sale and disposal of 19 RDA properties. The Successor Agency retained three local brokers to market and submit offers on the LRPMP properties, as well as RSG Inc. to coordinate the disposition process. The three brokers are Adrian Herrera, Craig Smith, and Troy Guy. On December 13, 2016, RSG presented an overview of the properties and the unique requirements imposed by the Dissolution Law. The three local brokers subsequently divided the properties among themselves to sell on an exclusive-agency basis. In February of 2017, the office of Craig Smith presented an offer and a Purchase and Sale Agreement (“PSA”) for Property #13 (APN 170-241-012), a vacant lot parcel located at 300 Block North N Street, Tulare. The proposed buyer is All Valley Housing Services, Inc. The proposed purchase price is equivalent to the property’s appraised and asking price of $45,000. DISCUSSION Attached to the resolution is the proposed PSA for Property #13 to All Valley Housing Services, Inc. for $45,000, approved by the Successor Agency on 02/21/2017 and now presented to the Oversight Board for acceptance and approval. Once approved by the Oversight Board, staff will transmit the Oversight Boards resolution on the PSA, for review by the DOF and open escrow on the subject property. While the property is in escrow, the Successor Agency may accept back-up offers for the property in case the property falls out of escrow.

FISCAL IMPACT Proceeds from the sale of Successor Agency LRPMP properties will be used to pay for enforceable obligations on the Recognized Obligation Payment Schedule. STAFF RECOMMENDATION Adopt OSB Resolution 2017-13 approving the sale of Assessor Parcel Number 170-241-012, Property #13, located in the City of Tulare to All Valley Housing Services, Inc. in the amount of $45,000 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

OSB RESOLUTION 2017-13

A RESOLUTION OF THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD RECOMMENDING A PURCHASE OFFER TO THE STATE OF CALIFORNIA DEPARTMENT OF FINANCE FOR PURCHASE OF ASSESSOR PARCEL NUMBER 170-241-012

WHEREAS, the City of Tulare elected to serve as the Successor Agency to the former Tulare Redevelopment Agency (“Successor Agency”) pursuant to Assembly Bill x1 26 (“ABx1 26”) as codified in the California Health & Safety Code (“HSC”); and

WHEREAS, ABx1 26 was amended by Assembly Bill 1484 and Senate Bill 107 (collectively, the “Dissolution Act”); and

WHEREAS, among the duties of successor agencies under the Dissolution Act as amended is the preparation of an annual Recognized Obligation Payment Schedule (“ROPS”) that includes the ensuing two six-month periods for consideration by a local oversight board and the California Department of Finance (“DOF”) for purposes of administering the wind-down of financial obligations of the former Redevelopment Agency; and

WHEREAS, the most recent version of the Long-Range Property

Management Plan for the Successor Agency was approved by The Tulare Redevelopment Successor Agency Oversight Board (“Oversight Board”) on September 23, 2015 and by DOF on December 31, 2015; and

WHEREAS, the Long-Range Property Management Plan identified 22

properties as assets of the Successor Agency that the Successor Agency wishes to sell, including Assessor Parcel Number (“APN”) 170-241-012, Property #13; and

WHEREAS, the Successor Agency employed Craig Smith to list APN 170-

241-012, Property #13 on the open real estate market; and WHEREAS, the Successor Agency received a purchase offer for APN

170-241-012 from All Valley Housing Services, Inc. in the amount of $45,000, the Broker’s Opinion of Value and the listed amount; and

WHEREAS, the Successor Agency reviewed the purchase offer from All

Valley Housing Services, Inc., and on February 21, 2017, has recommended it to the Oversight Board for final acceptance.

NOW, THEREFORE, THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD DOES HEREBY RESOLVE, ORDER, AND DETERMINE AS FOLLOWS:

Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.

Section 2. Purchase Offer Recommendation. The Tulare

Redevelopment Successor Agency Oversight Board accept and approve the Purchase of Assessor Parcel Number (“APN”) 170-241-012, Property #13 for the amount of $45,000 to All Valley Housing Services, Inc.

PASSED, APPROVED, AND ADOPTED this 22th day of February 2017 by The Tulare Redevelopment Successor Agency Oversight Board

________________________________ Chair of the Oversight Board of Successor Agency to City of Tulare Redevelopment Agency

ATTEST: STATE OF CALIFORNIA ) COUNTY OF TULARE ) SS. CITY OF TULARE ) I, Roxanne Yoder, Chief Deputy of the City of Tulare, Successor Agency Secretary, certify the foregoing is the full and true OSB Resolution 2017-13 passed and adopted by The Tulare Redevelopment Successor Agency Oversight Board at a regular meeting held on February 22, 2017, by the following vote: Aye(s)__________________________________________________________ Noe(s)__________________________Absent/Abstention(s)_______________. Dated: BOARD SECRETARY _________________________ Roxanne Yoder

Property #13

APN: 170-241-012-000 Address: 300 Block North N Street

Zone: C-2 Retail Commercial Size: 22,500 square feet

Site Information Property is currently vacant.

Notes

12

Item 7G

TO: Tulare Redevelopment Successor Agency Oversight Board FROM: Oversight Board Staff DATE: February 22, 2017 RE: Recommend the sale of Assessor Parcel Number “(APN”) 170-242-

016, Property #14. SUMMARY The Oversight Board of the Successor Agency to the Tulare Redevelopment Agency (“Oversight Board”) will consider a resolution approving the sale of Assessor Parcel Number 170-242-016 Property #14, located in the City of Tulare to All Valley Housing Services, Inc. BACKGROUND Assembly Bill (“AB”) x1 26, amended by AB 1484 and Senate Bill 107 (collectively, “Dissolution Law”), codified in the California Health & Safety Code requires successor agencies to prepare a Long Range Property Management Plan (“LRPMP”) that addresses the disposition and use of the real properties of the former redevelopment agency (“RDA”). The Successor Agency to the Tulare Redevelopment Agency (“Successor Agency”) prepared a revised LRPMP, which was approved by the Oversight Board on September 23, 2015 and by the California Department of Finance (“DOF”) on December 31, 2015. The LRPMP as approved requires the sale and disposal of 19 RDA properties. The Successor Agency retained three local brokers to market and submit offers on the LRPMP properties, as well as RSG Inc. to coordinate the disposition process. The three brokers are Adrian Herrera, Craig Smith, and Troy Guy. On December 13, 2016, RSG presented an overview of the properties and the unique requirements imposed by the Dissolution Law. The three local brokers subsequently divided the properties among themselves to sell on an exclusive-agency basis. In February of 2017, the office of Craig Smith presented an offer and a Purchase and Sale Agreement (“PSA”) for Property #14 (APN 170-242-016), a vacant lot parcel located at 300 Block North N Street, Tulare. The proposed buyer is All Valley Housing Services, Inc. The proposed purchase price is equivalent to the property’s appraised and asking price of $41,250. DISCUSSION Attached to the resolution is the proposed PSA for Property #14 to All Valley Housing Services, Inc. for $41,250, approved by the Successor Agency on 02/21/2017 and now presented to the Oversight Board for acceptance and approval. Once approved by the Oversight Board, staff will transmit the Oversight Boards resolution on the PSA, for review by the DOF and open escrow on the subject property. While the property is in escrow, the Successor Agency may accept back-up offers for the property in case the property falls out of escrow.

FISCAL IMPACT Proceeds from the sale of Successor Agency LRPMP properties will be used to pay for enforceable obligations on the Recognized Obligation Payment Schedule. STAFF RECOMMENDATION Adopt OSB Resolution 2017-14 approving the sale of Assessor Parcel Number 170-242-016, Property #14, located in the City of Tulare to All Valley Housing Services, Inc. in the amount of $41,250 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

OSB RESOLUTION 2017-14

A RESOLUTION OF THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD RECOMMENDING A PURCHASE OFFER TO THE STATE OF CALIFORNIA DEPARTMENT OF FINANCE FOR PURCHASE OF ASSESSOR PARCEL NUMBER 170-242-016

WHEREAS, the City of Tulare elected to serve as the Successor Agency to the former Tulare Redevelopment Agency (“Successor Agency”) pursuant to Assembly Bill x1 26 (“ABx1 26”) as codified in the California Health & Safety Code (“HSC”); and

WHEREAS, ABx1 26 was amended by Assembly Bill 1484 and Senate Bill 107 (collectively, the “Dissolution Act”); and

WHEREAS, among the duties of successor agencies under the Dissolution Act as amended is the preparation of an annual Recognized Obligation Payment Schedule (“ROPS”) that includes the ensuing two six-month periods for consideration by a local oversight board and the California Department of Finance (“DOF”) for purposes of administering the wind-down of financial obligations of the former Redevelopment Agency; and

WHEREAS, the most recent version of the Long-Range Property

Management Plan for the Successor Agency was approved by The Tulare Redevelopment Successor Agency Oversight Board (“Oversight Board”) on September 23, 2015 and by DOF on December 31, 2015; and

WHEREAS, the Long-Range Property Management Plan identified 22

properties as assets of the Successor Agency that the Successor Agency wishes to sell, including Assessor Parcel Number (“APN”) 170-242-016, Property #14; and

WHEREAS, the Successor Agency employed Craig Smith to list APN 170-

242-016, Property #14 on the open real estate market; and WHEREAS, the Successor Agency received a purchase offer for APN

170-242-016 from All Valley Housing Services, Inc. in the amount of $41,250, the Broker’s Opinion of Value and the listed amount; and

WHEREAS, the Successor Agency reviewed the purchase offer from All

Valley Housing Services, Inc., and on February 21, 2017, has recommended it to the Oversight Board for final acceptance.

NOW, THEREFORE, THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD DOES HEREBY RESOLVE, ORDER, AND DETERMINE AS FOLLOWS:

Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.

Section 2. Purchase Offer Recommendation. The Tulare

Redevelopment Successor Agency Oversight Board accept and approve the Purchase of Assessor Parcel Number (“APN”) 170-242-016, Property #14 for the amount of $41,250 to All Valley Housing Services, Inc.

PASSED, APPROVED, AND ADOPTED this 22th day of February 2017 by The Tulare Redevelopment Successor Agency Oversight Board

________________________________ Chair of the Oversight Board of Successor Agency to City of Tulare Redevelopment Agency

ATTEST: STATE OF CALIFORNIA ) COUNTY OF TULARE ) SS. CITY OF TULARE ) I, Roxanne Yoder, Chief Deputy of the City of Tulare, Successor Agency Secretary, certify the foregoing is the full and true OSB Resolution 2017-14 passed and adopted by The Tulare Redevelopment Successor Agency Oversight Board at a regular meeting held on February 22, 2017, by the following vote: Aye(s)__________________________________________________________ Noe(s)__________________________Absent/Abstention(s)_______________. Dated: BOARD SECRETARY _________________________ Roxanne Yoder

Property #14

APN: 170-242-016-000 Address: 300 Block North N Street

Zone: C-2 Retail Commercial Size: 18,718 square feet

Site Information Property is currently vacant.

Notes

13

Item 7H

TO: Tulare Redevelopment Successor Agency Oversight Board FROM: Oversight Board Staff DATE: February 22, 2017 RE: Recommend the sale of Assessor Parcel Number “(APN”) 170-242-

017, Property #15. SUMMARY The Oversight Board of the Successor Agency to the Tulare Redevelopment Agency (“Oversight Board”) will consider a resolution approving the sale of Assessor Parcel Number 170-242-017 Property #15, located in the City of Tulare to All Valley Housing Services, Inc. BACKGROUND Assembly Bill (“AB”) x1 26, amended by AB 1484 and Senate Bill 107 (collectively, “Dissolution Law”), codified in the California Health & Safety Code requires successor agencies to prepare a Long Range Property Management Plan (“LRPMP”) that addresses the disposition and use of the real properties of the former redevelopment agency (“RDA”). The Successor Agency to the Tulare Redevelopment Agency (“Successor Agency”) prepared a revised LRPMP, which was approved by the Oversight Board on September 23, 2015 and by the California Department of Finance (“DOF”) on December 31, 2015. The LRPMP as approved requires the sale and disposal of 19 RDA properties. The Successor Agency retained three local brokers to market and submit offers on the LRPMP properties, as well as RSG Inc. to coordinate the disposition process. The three brokers are Adrian Herrera, Craig Smith, and Troy Guy. On December 13, 2016, RSG presented an overview of the properties and the unique requirements imposed by the Dissolution Law. The three local brokers subsequently divided the properties among themselves to sell on an exclusive-agency basis. In February of 2017, the office of Craig Smith presented an offer and a Purchase and Sale Agreement (“PSA”) for Property #15 (APN 170-242-017), a vacant lot parcel located at 300 Block North O Street, Tulare. The proposed buyer is All Valley Housing Services, Inc. The proposed purchase price is equivalent to the property’s appraised and asking price of $41,250. DISCUSSION Attached to the resolution is the proposed PSA for Property #15 to All Valley Housing Services, Inc. for $41,250, approved by the Successor Agency on 02/21/2017 and now presented to the Oversight Board for acceptance and approval. Once approved by the Oversight Board, staff will transmit the Oversight Boards resolution on the PSA, for review by the DOF and open escrow on the subject property. While the property is in escrow, the Successor Agency may accept back-up offers for the property in case the property falls out of escrow.

FISCAL IMPACT Proceeds from the sale of Successor Agency LRPMP properties will be used to pay for enforceable obligations on the Recognized Obligation Payment Schedule. STAFF RECOMMENDATION Adopt OSB Resolution 2017-15 approving the sale of Assessor Parcel Number 170-242-017, Property #15, located in the City of Tulare to All Valley Housing Services, Inc. in the amount of $41,250 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

OSB RESOLUTION 2017-15

A RESOLUTION OF THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD RECOMMENDING A PURCHASE OFFER TO THE STATE OF CALIFORNIA DEPARTMENT OF FINANCE FOR PURCHASE OF ASSESSOR PARCEL NUMBER 170-242-017

WHEREAS, the City of Tulare elected to serve as the Successor Agency to the former Tulare Redevelopment Agency (“Successor Agency”) pursuant to Assembly Bill x1 26 (“ABx1 26”) as codified in the California Health & Safety Code (“HSC”); and

WHEREAS, ABx1 26 was amended by Assembly Bill 1484 and Senate Bill 107 (collectively, the “Dissolution Act”); and

WHEREAS, among the duties of successor agencies under the Dissolution Act as amended is the preparation of an annual Recognized Obligation Payment Schedule (“ROPS”) that includes the ensuing two six-month periods for consideration by a local oversight board and the California Department of Finance (“DOF”) for purposes of administering the wind-down of financial obligations of the former Redevelopment Agency; and

WHEREAS, the most recent version of the Long-Range Property

Management Plan for the Successor Agency was approved by The Tulare Redevelopment Successor Agency Oversight Board (“Oversight Board”) on September 23, 2015 and by DOF on December 31, 2015; and

WHEREAS, the Long-Range Property Management Plan identified 22

properties as assets of the Successor Agency that the Successor Agency wishes to sell, including Assessor Parcel Number (“APN”) 170-242-017, Property #15; and

WHEREAS, the Successor Agency employed Craig Smith to list APN 170-

242-017, Property #15 on the open real estate market; and WHEREAS, the Successor Agency received a purchase offer for APN

170-242-017 from All Valley Housing Services, Inc. in the amount of $41,250, the Broker’s Opinion of Value and the listed amount; and

WHEREAS, the Successor Agency reviewed the purchase offer from All

Valley Housing Services, Inc., and on February 21, 2017, has recommended it to the Oversight Board for final acceptance.

NOW, THEREFORE, THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD DOES HEREBY RESOLVE, ORDER, AND DETERMINE AS FOLLOWS:

Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.

Section 2. Purchase Offer Recommendation. The Tulare

Redevelopment Successor Agency Oversight Board accept and approve the Purchase of Assessor Parcel Number (“APN”) 170-242-017, Property #15 for the amount of $41,250 to All Valley Housing Services, Inc.

PASSED, APPROVED, AND ADOPTED this 22th day of February 2017 by The Tulare Redevelopment Successor Agency Oversight Board

________________________________ Chair of the Oversight Board of Successor Agency to City of Tulare Redevelopment Agency

ATTEST: STATE OF CALIFORNIA ) COUNTY OF TULARE ) SS. CITY OF TULARE ) I, Roxanne Yoder, Chief Deputy of the City of Tulare, Successor Agency Secretary, certify the foregoing is the full and true OSB Resolution 2017-15 passed and adopted by The Tulare Redevelopment Successor Agency Oversight Board at a regular meeting held on February 22, 2017, by the following vote: Aye(s)__________________________________________________________ Noe(s)__________________________Absent/Abstention(s)_______________. Dated: BOARD SECRETARY _________________________ Roxanne Yoder

Property #15

APN: 170-242-017-000 Address: 300 Block North O Street

Zone: C-2 Retail Commercial Size: 22,532 square feet

Site Information Property is currently vacant.

Notes

14

Item 7I

TO: Tulare Redevelopment Successor Agency Oversight Board FROM: Oversight Board Staff DATE: February 22, 2017 RE: Recommend the sale of Assessor Parcel Number “(APN”) 170-263-

002, Property #19. SUMMARY The Oversight Board of the Successor Agency to the Tulare Redevelopment Agency (“Oversight Board”) will consider a resolution approving the sale of Assessor Parcel Number 170-263-002, Property #19, located in the City of Tulare to Teofilo Tomas Lazcano Castillo. BACKGROUND Assembly Bill (“AB”) x1 26, amended by AB 1484 and Senate Bill 107 (collectively, “Dissolution Law”), codified in the California Health & Safety Code requires successor agencies to prepare a Long Range Property Management Plan (“LRPMP”) that addresses the disposition and use of the real properties of the former redevelopment agency (“RDA”). The Successor Agency to the Tulare Redevelopment Agency (“Successor Agency”) prepared a revised LRPMP, which was approved by the Oversight Board on September 23, 2015 and by the California Department of Finance (“DOF”) on December 31, 2015. The LRPMP as approved requires the sale and disposal of 19 RDA properties. The Successor Agency retained three local brokers to market and submit offers on the LRPMP properties, as well as RSG Inc. to coordinate the disposition process. The three brokers are Adrian Herrera, Craig Smith, and Troy Guy. On December 13, 2016, RSG presented an overview of the properties and the unique requirements imposed by the Dissolution Law. The three local brokers subsequently divided the properties among themselves to sell on an exclusive-agency basis. In February of 2017, the office of Troy Guy presented three offers and Purchase and Sale Agreements (“PSA”) for Property #19 (APN 170-263-002), a vacant lot parcel located at 424 North K Street, Tulare. The offers presented are as follows: David Safina with $9,000, Rodrigo Ramirez and wife with $10,000, and Teofilo Tomas Lazcano Castillo with $10,500. The Successor Agency chose the highest offer of $10,500. The proposed buyer is Teofilo Tomas Lazcano Castillo. The proposed purchase price is $1,500 more than the property’s appraised and asking price of $9,000. DISCUSSION Attached to the resolution is the proposed PSA for Property #19 to Teofilo Tomas Lazcano Castillo for $10,500, approved by the Successor Agency on February 21, 2017 and now presented to the Oversight Board for acceptance and approval. Once approved by the Oversight Board, staff will transmit the Oversight Boards resolution on the PSA, for review by the DOF and open escrow on the subject property. While the property is in escrow, the

Successor Agency may accept back-up offers for the property in case the property falls out of escrow. FISCAL IMPACT Proceeds from the sale of Successor Agency LRPMP properties will be used to pay for enforceable obligations on the Recognized Obligation Payment Schedule. STAFF RECOMMENDATION Adopt OSB Resolution 2017-16 approving the sale of Assessor Parcel Number 170-263-002, Property #19, located in the City of Tulare to Teofilo Tomas Lazcano Castillo in the amount of $10,500 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

OSB RESOLUTION 2017-16

A RESOLUTION OF THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD RECOMMENDING A PURCHASE OFFER TO THE STATE OF CALIFORNIA DEPARTMENT OF FINANCE FOR PURCHASE OF ASSESSOR PARCEL NUMBER 170-263-002

WHEREAS, the City of Tulare elected to serve as the Successor Agency to the former Tulare Redevelopment Agency (“Successor Agency”) pursuant to Assembly Bill x1 26 (“ABx1 26”) as codified in the California Health & Safety Code (“HSC”); and

WHEREAS, ABx1 26 was amended by Assembly Bill 1484 and Senate Bill 107 (collectively, the “Dissolution Act”); and

WHEREAS, among the duties of successor agencies under the Dissolution Act as amended is the preparation of an annual Recognized Obligation Payment Schedule (“ROPS”) that includes the ensuing two six-month periods for consideration by a local oversight board and the California Department of Finance (“DOF”) for purposes of administering the wind-down of financial obligations of the former Redevelopment Agency; and

WHEREAS, the most recent version of the Long-Range Property

Management Plan for the Successor Agency was approved by The Tulare Redevelopment Successor Agency Oversight Board (“Oversight Board”) on September 23, 2015 and by DOF on December 31, 2015; and

WHEREAS, the Long-Range Property Management Plan identified 22

properties as assets of the Successor Agency that the Successor Agency wishes to sell, including Assessor Parcel Number (“APN”) 170-263-002, Property #19; and

WHEREAS, the Successor Agency employed Troy Guy to list APN 170-

263-002, Property #19 on the open real estate market; and WHEREAS, the Successor Agency received three purchase offers for

APN 170-263-002 in the amounts of $10,500, $10,000, and $9,000, all above or equivalent to the Broker’s Opinion of Value and the listed amount, accepting the highest offer of $10,500; and

WHEREAS, the Successor Agency reviewed the purchase offer for

$10,500 by Teofilo Tomas Lazcano Castillo, and on February 21, 2017, has recommended it to the Oversight Board for final acceptance.

NOW, THEREFORE, THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD DOES HEREBY RESOLVE, ORDER, AND DETERMINE AS FOLLOWS:

Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.

Section 2. Purchase Offer Recommendation. The Tulare

Redevelopment Successor Agency Oversight Board accepts and approves the Purchase of Assessor Parcel Number (“APN”) 170-263-002, Property #19 for the amount of $10,500 to Teofilo Tomas Lazcano Castillo.

PASSED, APPROVED, AND ADOPTED this 22th day of February 2017 by The Tulare Redevelopment Successor Agency Oversight Board

________________________________ Chair of the Oversight Board of Successor Agency to City of Tulare Redevelopment Agency

ATTEST: STATE OF CALIFORNIA ) COUNTY OF TULARE ) SS. CITY OF TULARE ) I, Roxanne Yoder, Chief Deputy of the City of Tulare, Successor Agency Secretary, certify the foregoing is the full and true OSB Resolution 2017-16 passed and adopted by The Tulare Redevelopment Successor Agency Oversight Board at a regular meeting held on February 22, 2017, by the following vote: Aye(s)__________________________________________________________ Noe(s)__________________________Absent/Abstention(s)_______________. Dated: BOARD SECRETARY _________________________ Roxanne Yoder

Property #19

APN: 170-263-002-000 Address: 424 North K Street

Zone: C-3 Retail Commercial Size: 7,500 square feet

Site Information Property is currently vacant.

Notes

16

Item 7J

TO: Tulare Redevelopment Successor Agency Oversight Board FROM: Oversight Board Staff DATE: February 22, 2017 RE: Recommend the sale of Assessor Parcel Number “(APN”) 176-031-

001, Property #21. SUMMARY The Oversight Board of the Successor Agency to the Tulare Redevelopment Agency (“Oversight Board”) will consider a resolution approving the sale of Assessor Parcel Number 176-031-001, Property #21, located in the City of Tulare to Laura Sanchez De Zaragosa. BACKGROUND Assembly Bill (“AB”) x1 26, amended by AB 1484 and Senate Bill 107 (collectively, “Dissolution Law”), codified in the California Health & Safety Code requires successor agencies to prepare a Long Range Property Management Plan (“LRPMP”) that addresses the disposition and use of the real properties of the former redevelopment agency (“RDA”). The Successor Agency to the Tulare Redevelopment Agency (“Successor Agency”) prepared a revised LRPMP, which was approved by the Oversight Board on September 23, 2015 and by the California Department of Finance (“DOF”) on December 31, 2015. The LRPMP as approved requires the sale and disposal of 19 RDA properties. The Successor Agency retained three local brokers to market and submit offers on the LRPMP properties, as well as RSG Inc. to coordinate the disposition process. The three brokers are Adrian Herrera, Craig Smith, and Troy Guy. On December 13, 2016, RSG presented an overview of the properties and the unique requirements imposed by the Dissolution Law. The three local brokers subsequently divided the properties among themselves to sell on an exclusive-agency basis. In February of 2017, the office of Troy Guy presented an offer and a Purchase and Sale Agreement (“PSA”) for Property #21 (APN 176-031-001), a vacant lot parcel located at 335 South J Street, Tulare. The proposed buyer is Laura Sanchez De Zaragosa. The proposed purchase price is equivalent to the property’s appraised and asking price of $22,900. DISCUSSION Attached to the resolution is the proposed PSA for Property #21 to Laura Sanchez De Zaragosa for $22,900, approved by the Successor Agency on February 21, 2017 and now presented to the Oversight Board for acceptance and approval. Once approved by the Oversight Board, staff will transmit the Oversight Boards resolution on the PSA, for review by the DOF and open escrow on the subject property. While the property is in escrow, the Successor Agency may accept back-up offers for the property in case the property falls out of escrow.

FISCAL IMPACT Proceeds from the sale of Successor Agency LRPMP properties will be used to pay for enforceable obligations on the Recognized Obligation Payment Schedule. STAFF RECOMMENDATION Adopt OSB Resolution 2017-17 approving the sale of Assessor Parcel Number 176-031-001, Property #21, located in the City of Tulare to Laura Sanchez De Zaragosa in the amount of $22,900 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

OSB RESOLUTION 2017-17

A RESOLUTION OF THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD RECOMMENDING A PURCHASE OFFER TO THE STATE OF CALIFORNIA DEPARTMENT OF FINANCE FOR PURCHASE OF ASSESSOR PARCEL NUMBER 176-031-001

WHEREAS, the City of Tulare elected to serve as the Successor Agency to the former Tulare Redevelopment Agency (“Successor Agency”) pursuant to Assembly Bill x1 26 (“ABx1 26”) as codified in the California Health & Safety Code (“HSC”); and

WHEREAS, ABx1 26 was amended by Assembly Bill 1484 and Senate Bill 107 (collectively, the “Dissolution Act”); and

WHEREAS, among the duties of successor agencies under the Dissolution Act as amended is the preparation of an annual Recognized Obligation Payment Schedule (“ROPS”) that includes the ensuing two six-month periods for consideration by a local oversight board and the California Department of Finance (“DOF”) for purposes of administering the wind-down of financial obligations of the former Redevelopment Agency; and

WHEREAS, the most recent version of the Long-Range Property

Management Plan for the Successor Agency was approved by The Tulare Redevelopment Successor Agency Oversight Board (“Oversight Board”) on September 23, 2015 and by DOF on December 31, 2015; and

WHEREAS, the Long-Range Property Management Plan identified 22

properties as assets of the Successor Agency that the Successor Agency wishes to sell, including Assessor Parcel Number (“APN”) 176-031-001, Property #21; and

WHEREAS, the Successor Agency employed Craig Smith to list APN 176-

031-001, Property #21 on the open real estate market; and WHEREAS, the Successor Agency received a purchase offer for APN

176-031-001 from Laura Sanchez De Zaragosa in the amount of $22,900, the Broker’s Opinion of Value and the listed amount; and

WHEREAS, the Successor Agency reviewed the purchase offer from

Laura Sanchez De Zaragosa, and on February 21, 2017, has recommended it to the Oversight Board for final acceptance.

NOW, THEREFORE, THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD DOES HEREBY RESOLVE, ORDER, AND DETERMINE AS FOLLOWS:

Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.

Section 2. Purchase Offer Recommendation. The Tulare

Redevelopment Successor Agency Oversight Board accept and approve the Purchase of Assessor Parcel Number (“APN”) 176-031-001, Property #21 for the amount of $22,900 to Laura Sanchez De Zaragosa.

PASSED, APPROVED, AND ADOPTED this 22nd day of February 2017 by The Tulare Redevelopment Successor Agency Oversight Board.

________________________________ Chair of the Oversight Board of Successor Agency to City of Tulare Redevelopment Agency

ATTEST: STATE OF CALIFORNIA ) COUNTY OF TULARE ) SS. CITY OF TULARE ) I, Roxanne Yoder, Chief Deputy of the City of Tulare, Successor Agency Secretary, certify the foregoing is the full and true OSB Resolution 2017-17 passed and adopted by The Tulare Redevelopment Successor Agency Oversight Board at a regular meeting held on February 22, 2017, by the following vote: Aye(s)__________________________________________________________ Noe(s)__________________________Absent/Abstention(s)_______________. Dated: BOARD SECRETARY _________________________ Roxanne Yoder

Property #21

APN: 176-031-001-000 Address: 335 South J Street

Zone: C-4 Service Commercial Size: 11,742 square feet

Site Information Property is currently vacant.

Notes

17

Item 7K

TO: Tulare Redevelopment Successor Agency Oversight Board FROM: Oversight Board Staff DATE: February 22, 2017 RE: Recommend the sale of Assessor Parcel Number “(APN”) 181-050-

043, Property #25. SUMMARY The Oversight Board of the Successor Agency to the Tulare Redevelopment Agency (“Oversight Board”) will consider a resolution approving the sale of Assessor Parcel Number 181-050-043, Property #25, located in the City of Tulare to Ron Vander Weerd. BACKGROUND Assembly Bill (“AB”) x1 26, amended by AB 1484 and Senate Bill 107 (collectively, “Dissolution Law”), codified in the California Health & Safety Code requires successor agencies to prepare a Long Range Property Management Plan (“LRPMP”) that addresses the disposition and use of the real properties of the former redevelopment agency (“RDA”). The Successor Agency to the Tulare Redevelopment Agency (“Successor Agency”) prepared a revised LRPMP, which was approved by the Oversight Board on September 23, 2015 and by the California Department of Finance (“DOF”) on December 31, 2015. The LRPMP as approved requires the sale and disposal of 19 RDA properties. The Successor Agency retained three local brokers to market and submit offers on the LRPMP properties, as well as RSG Inc. to coordinate the disposition process. The three brokers are Adrian Herrera, Craig Smith, and Troy Guy. On December 13, 2016, RSG presented an overview of the properties and the unique requirements imposed by the Dissolution Law. The three local brokers subsequently divided the properties among themselves to sell on an exclusive-agency basis. In February of 2017, the office of Craig Smith presented an offer and a Purchase and Sale Agreement (“PSA”) for Property #25 (APN 181-050-043), a vacant lot parcel located at 510 E Almond, Tulare. The proposed buyer is Ron Vander Weerd. The proposed purchase price is equivalent to the property’s appraised and asking price of $25,000. DISCUSSION Attached to the resolution is the proposed PSA for Property #25 to Ron Vander Weerd for $25,000, approved by the Successor Agency on 02/21/2017 and now presented to the Oversight Board for acceptance and approval. Once approved by the Oversight Board, staff will transmit the Oversight Boards resolution on the PSA, for review by the DOF and open escrow on the subject property. While the property is in escrow, the Successor Agency may accept back-up offers for the property in case the property falls out of escrow.

FISCAL IMPACT Proceeds from the sale of Successor Agency LRPMP properties will be used to pay for enforceable obligations on the Recognized Obligation Payment Schedule. STAFF RECOMMENDATION Adopt OSB Resolution 2017-18 approving the sale of Assessor Parcel Number #181-050-043, Property #25, located in the City of Tulare to Ron Vander Weerd in the amount of $25,000 and authorize staff to transmit the resolution to the DOF, open escrow, and upon approval from DOF proceed with the sale.

OSB RESOLUTION 2017-18

A RESOLUTION OF THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD RECOMMENDING A PURCHASE OFFER TO THE STATE OF CALIFORNIA DEPARTMENT OF FINANCE FOR PURCHASE OF ASSESSOR PARCEL NUMBER 181-050-043

WHEREAS, the City of Tulare elected to serve as the Successor Agency to the former Tulare Redevelopment Agency (“Successor Agency”) pursuant to Assembly Bill x1 26 (“ABx1 26”) as codified in the California Health & Safety Code (“HSC”); and

WHEREAS, ABx1 26 was amended by Assembly Bill 1484 and Senate Bill 107 (collectively, the “Dissolution Act”); and

WHEREAS, among the duties of successor agencies under the Dissolution Act as amended is the preparation of an annual Recognized Obligation Payment Schedule (“ROPS”) that includes the ensuing two six-month periods for consideration by a local oversight board and the California Department of Finance (“DOF”) for purposes of administering the wind-down of financial obligations of the former Redevelopment Agency; and

WHEREAS, the most recent version of the Long-Range Property

Management Plan for the Successor Agency was approved by The Tulare Redevelopment Successor Agency Oversight Board (“Oversight Board”) on September 23, 2015 and by DOF on December 31, 2015; and

WHEREAS, the Long-Range Property Management Plan identified 22

properties as assets of the Successor Agency that the Successor Agency wishes to sell, including Assessor Parcel Number (“APN”) 181-050-043, Property #25; and

WHEREAS, the Successor Agency employed Craig Smith to list APN 181-

050-043, Property #25 on the open real estate market; and WHEREAS, the Successor Agency received a purchase offer for APN

181-050-043 from Ron Vander Weerd in the amount of $25,000, the Broker’s Opinion of Value and the listed amount; and

WHEREAS, the Successor Agency reviewed the purchase offer from Ron

Vander Weerd, and on February 21, 2017, has recommended it to the Oversight Board for final acceptance.

NOW, THEREFORE, THE TULARE REDEVELOPMENT SUCCESSOR AGENCY OVERSIGHT BOARD DOES HEREBY RESOLVE, ORDER, AND DETERMINE AS FOLLOWS:

Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.

Section 2. Purchase Offer Recommendation. The Tulare

Redevelopment Successor Agency Oversight Board accept and approve the Purchase of Assessor Parcel Number (“APN”) 181-050-043, Property #25 for the amount of $25,000 to Ron Vander Weerd.

PASSED, APPROVED, AND ADOPTED this 22th day of February 2017 by The Tulare Redevelopment Successor Agency Oversight Board

________________________________ Chair of the Oversight Board of Successor Agency to City of Tulare Redevelopment Agency

ATTEST: STATE OF CALIFORNIA ) COUNTY OF TULARE ) SS. CITY OF TULARE ) I, Roxanne Yoder, Chief Deputy of the City of Tulare, Successor Agency Secretary, certify the foregoing is the full and true OSB Resolution 2017-18 passed and adopted by The Tulare Redevelopment Successor Agency Oversight Board at a regular meeting held on February 22, 2017, by the following vote: Aye(s)__________________________________________________________ Noe(s)__________________________Absent/Abstention(s)_______________. Dated: BOARD SECRETARY _________________________ Roxanne Yoder

Property #25

APN: 181-050-043-000 Address: 510 E Almond Court

Zone: M-1 Light Industrial Size: 15,065 square feet

Site Information Property is currently vacant.

Notes

21