1937 (#2510-2546) - Laserfiche WebLink

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The group of lots included in ~his plan are located as follows: Tract No. 252 ............................... 40 lots Tract No. 289 .. .......... . ........ . .......... 61 lots Tract No. 517 . ..... . ...................... .. 22 lots Various parcels N. of First Street .......... 1~6 lots Total ..........1~9 lots Tract No. 2§2 Streets in this tract were paved unde~ various Improvement Districts, during 1928-~ and 1915 Act Bonds, maturing 1/lO,each year (collectible with taxes), were issued to cover such improvements. Tract No. 289 Streets in this tract were paved under various Improvement Districts, during 19~V-28 and 19~0; during 1928 the sewers were also installed, and in 1929 parts of this tract were included in the Southwest Lighting District. All these improvements were placed under the 1915 Bond Act, 1/10 maturing each year and collected with the general taxes. Tract No. 517 During 19~B this tract was included in the Southwest Sewer District under the 1915 Bond Act. The various parcels North of First Street, are all encumbered with 1915 Act Bonds, for Paving, Street Lights, etc. It has been necessary to levy annually a rate of ten cents per hundred, assessed value, on all property within the City Limits, to pay the amounts due under the various 1915 Act Bonds of the City of Santa Aha now in default. The successful working of this plan will place these 139 lots back on the assessment rolls of both the City and the County and should eliminate the ten cent levy now required to service the delinquent 1915 Act Bonds. This plan in general is as follows: (a) The City of Santa Ana will purchase from the County of Orange, under Section 3897d of the Political Code and amendments thereto, the tax title now held by the State of California, subject, however, to the approval of the State Controller. At this point the state tax title and the city tax lien will both be vested in the City of Santa Ans. (b) The City of Santa Aha will then offer to the record owner of each lot so purchased from the County, a small sum of money in cash for a quitclai~ deed to such lots. At this point the city will have a good and marketable title to any such lots for which it holds quitclaim deeds, thereupon the City will cancel all city taxes and penalties, to date, against such lots. (c) In part consideration for the above described quitclaim deeds, the City will in each case, where requested, execute an option in favor of the former owner This option will be for a limited period only (thirty days) and will provide that the City will reconvey to the former owner any grant deed, his lot, upon his payment in full covering all improvement bond assessments against such lots to date. (d) Under this pl~ any lots not redeemed prior to the expiration of said option, will be owned by the City of Santa Ana in fee, without the necessary litigation to clear up the title. (e) Where quitclaim deeds to the lots involved in this sale are not secured quickly and at a very small cost, the City will immediately institute a court action to quiet its t~tle to such lots as are secured under tax deed. (f) Upon the Court decree, granting title to the City (it is expected that most parties will default, by ~ail~ng to answer the city's complaint), the city will than hold good title and will then cancel all taxes and penalties outstanding against these l~ts and will then sell said lots to the best advantage of the city. (g) If it is found that some of these lots cannot be sold for the full amount of the improvement bonds outstanding against them, then it is the intention of the City of Santa Ana to make such sales at the best price obtainable on the present market, so as to get this property back on the assessment rolls. (h) It is not too early to start now to have this group of lots ready for sale to the public duriug the next spring and summer. Any and all lots to which the city has perfected its title, will be offered for sale in groups of fifty to one- hundred lots, for cash to the highest and best bidder. It is expected that a s~le in groups of around one-hundred lots will compel the successful bidder to support the real estate market.