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23-1336RESOLUTION NO. 23-1336 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MENIFEE, CALIFORNIA, APPROVING THE CERTIFICATE OF ACCEPTANCE FOR UNDERWOOD PARK WHEREAS, the City of Menifee was incorporated on October 1, 2008, and pursuant to the Terms and Conditions of incorporation, upon incorporation assumed authority over parks in the City's boundaries pursuant to Resolution No. 08-24 as of that date; and WHEREAS, Underwood Park was built on Tract 29835-2, recorded as Book 478 of Maps, pages 70 through 80, inclusive, and dedicated to the City of Menifee as a condition of approval of the final tract map; and WHEREAS, the form of the Grant Deed granting Underwood Park, described as Lot 71 of recorded Tract Map 29835-2, from KB Home Coastal, Inc. to the City, attached hereto as Exhibit "A", has been reviewed by City Staff; and WHEREAS, in order to satisfy the original condition of approval and complete the transfer of Underwood Park from KB Home Coastal, Inc. to the City, the City Council now desires to accept the Grant Deed and issue the Certificate of Acceptance (in the form attached hereto as Exhibit -B") through adoption of this Resolution. follows: NOW, THEREFORE, the City Council of the City of Menifee resolves and orders as Section 1. Approval of Certificate of Acceptance - The City of Menifee hereby accepts and approves the Grant Deed and Certificate of Acceptance for Underwood Park, which is located on Lot 71 of Tract 29835-2 as filed in Book 478 of Maps, pages 70 through 80 inclusive. PASSED, APPROVED AND ADOPTED this 21 st day of June, 2023. Bill Zim "I , Mayor 01q:,.I. .• • Approved as to form: Je e . Melching, Ci Attorney L- / 1 1 1 L 1 1 A Recording Requested By: City of Menifee WHEN RECORDED MAIL TO: City of Menifee 29844 Haun Rd. Menifee, CA 92586 No Fee, Government Code Section 6103 Benefit of City of Menifee SPACE ABOVE THIS LINE FOR RECORDER'S USE DOCUMENTARY TRANSFER TAX $ 0 ....... Computed on the consideration or value of property conveyed; OR ....... Computed on the consideration or value less liens or encumbrances Remaining at time of sale. SEE ATTACHED APN 331-540-006 Signature of Declarant or Agent determining tax — Firm name GRANT DEED FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, KB Home Coastal, Inc. hereby GRANTS IN FEE to the City of 1lenifee, a 1lunicipal Corporation the real property in the City of Menifee, County of Riverside, State of California, described as: LOT 71 OF TRACT NO. 29835-2, AS SHOWN BY MAP ON FILE IN BOOK 478, PAGES 70 THROUGH 80, INCLUSIVE OF MAPS ON FILE, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. STATE OF CALIFORNIA COUNTY OF personally appeared )SS } Signature before me, Print Name i notary public Title/Company (if applicable) who 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. I certify under Penalty of Perjury under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature Of Notary Public *SEE ADDITIONAL SHEETS FOR ADDITIONAL NOTARIES* MAIL TAX STATEMENTS TO: SAME AS ABOVE EXHIBIT "B" CERTIFICATE OF ACEPTANCE (GOVERNMENT CODE SECTION 27281) This is to certify that the interest in real property conveyed by Grant Deed, by KB Home Coastal, Inc. to the City of 1'lenifee. a Nlunici al Corporation. is hereby accepted in fee by the undersigned officer or agent on behalf of the City of Menifee pursuant to authority conferred by Resolution No. , adopted by the City Council of the City of Menifee on 120 and the City consents to the recordation thereof by its duly authorized officer. Date By: Bill Zimmerman Mayor, City of Menifee Attest: Stephanie Roseen, Acting City Clerk A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of County of On before me (Insert name and title of officer) personally appeared who 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. I certify under Penalty of Perjury, under the laws of the State of California, that the foregoing paragraph is true and correct. Witness my hand and official seal Signature (Seal) NI Nll/ ti� " PETER ALDANA Recorder P.O. Box 751 COUNTY OF RIVERSIDE Riverside, CA 92502-0751 ASSESSOR -COUNTY CLERK -RECORDER (951) 486-7000 o r: Website: www-riversideacr_com DOCUMENTARY TRANSFER TAX AFFIDAVIT WARNING ANY PERSON WHO MAKES ANY MATERIAL MISREPRESENTATION OF FACT FOR THE PURPOSE OF AVOIDING ALL OR ANY PART OF THE DOCUMENTARY TRANSFER TAX IS GUILTY OF A MISDEMEANOR UNDER SECTION 5 OF ORDINANCE 516 OF THE COUNTY OF RIVERSIDE AND IS SUBJECT TO PROSECUTION FOR SUCH OFFENSE. ASSESSOR'S PARCEL NO. 331 --540 --006 I declare that the documentary transfer tax for this Property Address: LOT 71, TR 29835-2, MB 478/70-80 transaction is: $ 0 If this transaction is exempt from Documentary Transfer Tax, the reason must be identified below. I CLAIM THAT THIS TRANSACTIONIS EXEMPTFROMDOCUMENTARY TRANSFER TAXBECA USE: (The Sections listed below are taken from the Revenue and Taxation Code with the exception of items 9 and 10 which are taken from Riverside County Ordinance 516). Please check one or explain in "Other". 1. Section 11911 2. Section 11911. 3. Section 11921. 4. x_Section 11922. 5. Section 11925. 6. Section 11926. 7. Section 11927. 8. Section 11930. 9. _Section 8. 10. Section 9. 11. x Other The consideration or value of the property, exclusive of any liens and encumbrances is $100.00 or less and there is no additional consideration received by the grantor. The conveyance transfers to a revocable living trust by the grantor or from a revocable living trust to a beneficiary. The conveyance was given to secure a debt. The conveyance is to a governmental entity or political subdivision. The transfer is between individuals and a legal entity or partnership, or between legal entities and does not change the proportional interests held. The conveyance is to a grantee who is the foreclosing beneficiary and the consideration paid by the foreclosing beneficiary does not exceed the unpaid debt. The conveyance relates to a dissolution of marriage or legal separation. (A spouse must sign a written recital in order to claim this exemption. This form may be used for that purpose.) The conveyance is an inter vivos gift* or a transfer by death. *Please be aware that information stated on this document may be given to and used by governmental agencies, including the Internal Revenue Service. Also, certain gifts in excess of the annual Federal gift tax exemption may trigger a Federal Gift Tax. In such cases, the Transferor (donor/grantor) may be required to file Form 709 (Federal Gift Tax Return) with the Internal Revenue Service. The easement is perpetual, permanent, or for life. The document is a lease for a term of Ethan (35) years (including written options.) (Include explanation and legal authority) Transfer of Lot for Park I DECLARE UNDER PENAL TY OF PERJURY THAT THE FOREGOING IS TR UE AND CORRECT. Executed this day 20 City Signature ofAffiant Printed Name ofAffiant Name of Firm (if applicable) Address ofAffiant (including City, State, and Zip Code) Telephone Number of Affiant (including area code) This form is subject to the California Public Records Act (Government Code 6250 et. seq.) For Recorder's Use Affix PCOR Label Here State EF-502-A-R12-0513-33000408-1 BOE-502-A (P1) REV. 12 (05-13) PRELIMINARY CHANGE OF OWNERSHIP REPORT To be completed by the transferee (buyer) prior to a transfer of subject property, in accordance with section 480.3 of the Revenue and Taxation Code A Preliminary Change of Ownership Report must be filed with each conveyance in the County Recorder's office for the county where the property is located. NAME AND MAILING ADDRESS OF BUYERITRANSFEREE (Make necessary corrections to the printed name and mailing address) r CITY OF MENIFEE 29844 HAUN ROAD MENIFEE, CA 92586 L STREETADDRESS OR PHYSICAL LOCATION OF REAL PROPERTY LOT 71, TR 29835-2, MB 478/70-80 MAIL PROPERTY TAX INFORMATION TO (NAME) CITY OF MENIFEE ADDRESS 29844 HAUN ROAD Peter Aldana Assessor -County Clerk -Recorder • ' County of Riverside PO Box 751 Riverside, CA 92502-0751 "<�,., •* Phone: (951) 955-6200 www.riversideacr.com ASSESSOR'S PARCEL NUMBER 331-540-006 SELLER/TRANSFEROR Lennar Homes of California, LLC, a California Limited Liability Company BUYER'S DAYTIME TELEPHONE NUMBER ( 951 ) 672-6777 BUYER'S EMAIL ADDRESS CITY STATE =1P CODE MENIFEE CA 92586 DAY YEAR ❑YES W]NO This property is intended as my principal residence. If YES, please indicate the date of occupancy L or intended occupancy. PART 1. TRANSFER INFORMATION Please complete all statements. This section contains possible exclusions from reassessment for certain types of transfers. YES NO ❑ ✓❑ A. This transfer is solely between spouses (addition or removal of a spouse, death of a spouse, divorce settlement, etc.). ❑ ❑ B. This transfer is solely between domestic partners currently registered with the California Secretary of State (addition orremoval of a partner, death of a partner, termination settlement, etc.). ❑ ❑`� * C. This is a transfer: ❑ between parent(s) and child(ren) ❑ from grandparent(s) to grandchild(ren). ❑ ❑ * D. This transfer is the result of a cotenant's death. Date of death ❑ ❑ * E. This transaction is to replace a principal residence by a person 55 years of age or older. Within the same county? ❑ YES NO ❑ ❑✓ " F. _ This transaction is to replace a principal residence by a person who is severely disabled as defined by Revenue and Taxation Code section 69.5. Within the same county? ❑ YES ❑ NO ❑ ❑ G. This transaction is only a correction of the name(s) of the person(s) holding title to the property (e.g., a name change upon marriage). If YES, please explain: ❑ ❑✓ H. The recorded document creates, terminates, or reconveys a lender's interest in the property. ❑ 0 I. This transaction is recorded only as a requirement for financing purposes or to create, terminate, or reconvey a security interest (e.g., cosigner). If YES, please explain: ❑ 0 J. The recorded document substitutes a trustee of a trust, mortgage, or other similar document. K. This is a transfer of property: ❑ a 1. to/from a revocable trust that may be revoked by the transferor and is for the benefit of ❑ the transferor, and/or ❑ the transferor's spouse ❑ registered domestic partner. ❑ F✓ l 2. to/from a trust that may be revoked by the creator/grantor/trustor who is also a joint tenant, and which names the other joint tenant(s) as beneficiaries when the creator/grantor/trustor dies. ❑ ❑ 3. to/from an irrevocable trust for the benefit of the ❑ creator/grantor/trustor and/or ❑ grantor's/trustor's spouse ❑ grantor's/trustor's registered domestic partner. ❑ ✓❑ L. This property is subject to a lease with a remaining lease term of 35 years or more including written options. ❑ ❑✓ M. This is a transfer between parties in which proportional interests of the transferor(s) and transferee(s) in each and every parcel being transferred remain exactly the same after the transfer. ❑ N. This is a transfer subject to subsidized low-income housing requirements with governmentally imposed restrictions. ❑ ❑✓ "O. This transfer is to the first purchaser of a new building containing an active solar energy system. Please refer to the instructions for Part 1. Please provide any other information that will help the Assessor understand the nature of the transfer. THIS DOCUMENT IS NOT SUBJECT TO PUBLIC INSPECTION II I I II III I III I III I III I I r I I I 1 II II III III IIII II II II II I I III I II EF-502-A-R12-0513-33000408-2 BOE-502-A (P2) REV. 12 (05-13) PART 2. OTHER TRANSFER INFORMATION A. Date of transfer, if other than recording date: B. Type of transfer: Purchase ❑ Foreclosure ❑ Gift Contract of sale. Date of contract: Check and complete as applicable. ❑ Trade or exchange ❑ Merger, stock, or partnership acquisition (Form BOE-100-B) Inheritance. Date of death: ❑ Sale/leaseback ❑ Creation of a lease ❑ Assignment of a pease ❑ Termination of a lease. Date lease began: Ori i ANSFERyOFsL(OT 7i �OR written options): Remaining term in years (including written options): ❑✓ Other. Please explain: C. Only a partial interest in the property was transferred. []YES ❑ NO If YES, indicate the percentage transferred: % PART 3. PURCHASE PRICE AND TERMS OF SALE Check and complete as applicable. A. Total purchase price s N/A B. Cash down payment or value of trade or exchange excluding closing costs Amount $ C. First deed of trust @ % interest for years. Monthly payment $ Amount $ ❑ FHA L—Discount Points) Cal -Vet ❑ VA Discount Points) ❑ Fixed rate ❑ Variable rate ❑ Bank/savings & Loan/Credit Union ❑ Loan carried by seller ❑ Balloon payment ¢ _ Due date: D. Second deed of trust @ % interest for years. Monthly payment $ Amount $ ❑ Fixed rate ❑ Variable rate ❑ Bank/Savings & Loan/Credit Union ❑ Loan carried by seller Balloon payment $ Due date: E. Was an Improvement Bond or other public financing assumed by the buyer? []YES [—]NO Outstanding balance $ F. Amount, if any, of real estate commission fees paid by the buyer which are not included in the purchase price $ G. The property was purchased: ❑Through real estate broker. Broker name Phone number: L Direct from seller ❑ From a family member -Relationship ❑ Other. Please explain H. Please explain any special terms, seller concessions, broker/agent fees waived, financing, and any other information (e.g., buyer assumed the existing loan balance) that would assist the Assessor in the valuation of your property. PART 4. PROPERTY INFORMATION Check and complete as applicable. A. Type of property transferred Single-family residence ❑ Co-op/Own-your-own ❑ Manufactured home Multiple -family residence. Number of units: ❑ Condominium ❑ Unimproved lot Other. Description: (i.e., timber, mineral, water rights, etc.) ❑ Timeshare ❑ Commercial/Industrial B. ❑YES ✓❑ NO Personal/business property, or incentives, provided by seller to buyer are included in the purchase price. Examples of personal property are furniture, farm equipment, machinery, etc. Examples of incentives are club memberships, etc. Attach list if available. If YES, enter the value of the personal/business property: $ Incentives $ C. ❑YES ✓ I NO A manufactured home is included in the purchase price. If YES, enter the value attributed to the manufactured home: $ �✓ NO The manufactured home is subject to local property tax. If NO, enter decal number: ❑ YES D. ❑YES I✓' NO The property produces rental or other income. If YES, the income is from: ❑ Lease/rent ❑ Contract ❑ Mineral rights Other: E. The condition of the property at the time of sale was: Good [—]Average ❑ Fair Poor Please describe: CERTIFICATION 1 certify (or declare) that the foregoing and all information hereon, including any accompanying statements or documents, is true and correct to the best of my knowledge and belief. SIGNATURE OF BUYERrrRANSFEREE OR CORPORATE OFFICER DATE TELEPHONE l 1 NAME OF BUYERITRANSFERE E/LEGAL REPRESENTATIVE/CORPORATE OFFICER (PLEASE PRINT) I TITLE I EMAIL ADDRESS The Assessor's office may contact you for additional information regarding this transaction. IIII II IIII III I III I IIII IFIIAI,II,III I,4I3lll IIII II II II II II III I II EF-502-A-R12-0513-33000408-3 BOE-502-A (P3) REV. 12 (05-13) ADDITIONAL INFORMATION Please answer all questions in each section, and sign and complete the certification before filing. This form may be used in all 58 California counties. If a document evidencing a change in ownership is presented to the Recorder for recordation without the concurrent filing of a Preliminary Change of Ownership Report, the Recorder may charge an additional recording fee of twenty dollars ($20). NOTICE: The property which you acquired may be subject to a supplemental assessment in an amount to be determined by the County Assessor. Supplemental assessments are not paid by the title or escrow company at close of escrow, and are not included in lender impound accounts. You may be responsible for the current or upcoming property taxes even if you do not receive the tax bill. NAME AND MAILING ADDRESS OF BUYER: Please make necessary corrections to the printed name and mailing address. Enter Assessor's Parcel Number, name of seller, buyer's daytime telephone number, buyer's email address, and street address or physical location of the real property. NOTE: Your telephone number and/or email address is very important. If there is a question or a problem, the Assessor needs to be able to contact you. MAIL PROPERTY TAX INFORMATION TO: Enter the name, address, city, state, and zip code where property tax information should be mailed. This must be a valid mailing address. PRINCIPAL RESIDENCE: To help you determine your principal residence, consider (1) where you are registered to vote, (2) the home address on your automobile registration, and (3) where you normally return after work. If after considering these criteria you are still uncertain, choose the place at which you have spent the major portion of your time this year. Check YES if the property is intended as your principal residence, and indicate the date of occupancy or intended occupancy. PART 1: TRANSFER INFORMATION If you check YES to any of these statements, the Assessor may ask for supporting documentation. C,D,E, F: If you checked YES to any of these statements, you may qualify for a property tax reassessment exclusion, which may allow you to maintain your property's previous tax base. A claim form must be filed and all requirements met in order to obtain any of these exclusions. Contact the Assessor for claim forms. NOTE: If you give someone money or property during your life, you may be subject to federal gift tax. You make a gift if you give property (including money), the use of property, or the right to receive income from property without expecting to receive something of at least equal value in return. The transferor (donor) may be required to file Form 709, Federal Gift Tax Return, with the Internal Revenue Service if they make gifts in excess of the annual exclusion amount. G: Check YES if the reason for recording is to correct a name already on title [e.g., Mary Jones, who acquired title as Mary J. Smith, is granting to Mary Jones]. This is not for use when a name is being removed from title. H: Check YES if the change involves a lender, who holds title for security purposes on a loan, and who has no other beneficial interest in the property. "Beneficial interest" is the right to enjoy all the benefits of property ownership. Those benefits include the right to use, sell, mortgage, or lease the property to another. A beneficial interest can be held by the beneficiary of a trust, while legal control of the trust is held by the trustee. I: A "cosigner" is a third party to a mortgage/loan who provides a guarantee that a loan will be repaid. The cosigner signs an agreement with the lender stating that if the borrower fails to repay the loan, the cosigner will assume legal liability for it. M: This is primarily for use when the transfer is into, out of, or between legal entities such as partnerships, corporations, or limited liability companies. Check YES only if the interest held in each and every parcel being transferred remains exactly the same. N: Check YES only if property is subject to subsidized low-income housing requirements with governmentally imposed restrictions; property may qualify for a restricted valuation method (i.e., may result in lower taxes). O: If you checked YES, you may qualify for a new construction property tax exclusion. A claim form must be filed and all requirements met in order to obtain the exclusion. Contact the Assessor for a claim form. PART 2: OTHER TRANSFER INFORMATION A: The date of recording is rebuttably presumed to be the date of transfer. If you believe the date of transfer was a different date (e.g., the transfer was by an unrecorded contract, or a lease identifies a specific start date), put the date you believe is the correct transfer date. If it is not the date of recording, the Assessor may ask you for supporting documentation. B: Check the box that corresponds to the type of transfer. If OTHER is checked, please provide a detailed description. Attach a separate sheet if necessary. -F -5D2-A-R 12 Cd 13-31011 p 3 EF-502-A-R12-0513-33000408-4 BOE-502-A (P4) REV. 12 (05-13) PART 3: PURCHASE PRICE AND TERMS OF SALE It is important to complete this section completely and accurately. The reported purchase price and terms of sale are important factors in determining the assessed value of the property, which is used to calculate your property tax bill. Your failure to provide any required or requested information may result in an inaccurate assessment of the property and in an overpayment or underpayment of taxes. A. Enter the total purchase price, not including closing costs or mortgage insurance. "Mortgage insurance" is insurance protecting a lender against loss from a mortgagor's default, issued by the FHA or a private mortgage insurer. B. Enter the amount of the down payment, whether paid in cash or by an exchange. If through an exchange, exclude the closing costs. "Closing costs" are fees and expenses, over and above the price of the property, incurred by the buyer and/or seller, which include title searches, lawyer's fees, survey charges, and document recording fees. C. Enter the amount of the First Deed of Trust, if any. Check all the applicable boxes, and complete the information requested. A "balloon payment" is the final installment of a loan to be paid in an amount that is disproportionately larger than the regular installment. D. Enter the amount of the Second Deed of Trust, if any. Check all the applicable boxes, and complete the information requested. E. If there was an assumption of an improvement bond or other public financing with a remaining balance, enter the outstanding balance, and mark the applicable box. An "improvement bond or other public financing" is a lien against real property due to property -specific improvement financing, such as green or solar construction financing, assessment district bonds, Mello -Roos (a form of financing that can be used by cities, counties and special districts to finance major improvements and services within the particular district) or general improvement bonds, etc. Amounts for repayment of contractual assessments are included with the annual property tax bill. F. Enter the amount of any real estate commission fees paid by the buyer which are not included in the purchase price G. If the property was purchased through a real estate broker, check that box and enter the broker's name and phone number. If the property was purchased directly from the seller (who is not a family member of one of the parties purchasing the property), check the "Direct from seller" box. If the property was purchased directly from a member of your family, or a family member of one of the parties who is purchasing the property, check the "From a family member" box and indicate the relationship of the family member (e.g., father, aunt, cousin, etc.). If the property was purchased by some other means (e.g., over the Internet, at auction, etc.), check the "OTHER" box and provide a detailed description (attach a separate sheet if necessary). H. Describe any special terms (e.g., seller retains an unrecorded life estate in a portion of the property, etc.), seller concessions (e.g., seller agrees to replace roof, seller agrees to certain interior finish work, etc.), broker/agent fees waived (e.g., fees waived by the broker/agent for either the buyer or seller), financing, buyer paid commissions, and any other information that will assist the Assessor in determining the value of the property. PART 4: PROPERTY INFORMATION A. Indicate the property type or property right transferred. Property rights may include water, timber, mineral rights, etc B. Check YES if personal, business property or incentives are included in the purchase price in Part 3. Examples of personal or business property are furniture, farm equipment, machinery, etc. Examples of incentives are club memberships (golf, health, etc.), ski lift tickets, homeowners' dues, etc. Attach a list of items and their purchase price allocation. An adjustment will not be made if a detailed list is not provided. C. Check YES if a manufactured home or homes are included in the purchase price. Indicate the purchase price directly attributable to each of the manufactured homes. If the manufactured home is registered through the Department of Motor Vehicles in lieu of being subject to property taxes, check NO and enter the decal number. D. Check YES if the property was purchased or acquired with the intent to rent or lease it out to generate income, and indicate the source of that anticipated income. Check NO if the property will not generate income, or was purchased with the intent of being owner -occupied. E. Provide your opinion of the condition of the property at the time of purchase. If the property is in "fair" or "poor" condition, include a brief description of repair needed. EF-502-A-R! 2 C1Q-3Y M C3 MENIFEE STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF MENIFEE ) I, Stephanie Roseen, Acting City Clerk of the City of Menifee, do hereby certify that the foregoing City Council Resolution No. 23-1336 was duly adopted by the City Council of the City of Menifee at a meeting thereof held on the 211t Day of June 2023 by the following vote: Ayes: Deines, Estrada, Sobek, Zimmerman Noes: None Absent: Karwin Abstain: None r teph nie Roseen, Acting City Clerk