COUNTY OF SAN MATEO

Inter-Departmental Correspondence

County Counsel

 

DATE:

February 26 , 2009

BOARD MEETING DATE:

March 17, 2009

SPECIAL NOTICE/HEARING:

None

VOTE REQUIRED:

Majority

 

TO:

Honorable Board of Supervisors

FROM:

County Counsel

SUBJECT:

Correction of Property Tax Roll, APNs 104-410-010, 104-410-020, 104-420-010, 104-420-020, and 020-010-810

1100 National Avenue, San Bruno

The Crossings: Affordable Housing Welfare Exemption

 

RECOMMENDATION:

Approve corrections to the 2006, 2007 and 2008 property tax rolls to correct for welfare exemption related to APNs 104-410-010, 104-410-020, 104-420-010, 104-420-020, and 020-010-810 located at 1100 National Avenue, San Bruno (the “Property”), commonly known as the Village at the Crossing.

 

VISION ALIGNMENT:

Commitment: responsive, effective, and collaborative government.

 

Goal 20: Government decisions are based on careful consideration of future impact, rather than temporary relief or immediate gain.

 

The implementation of this recommendation will further commitments and assist in achieving goals set forth in the County’s Shared Vision 2010 report. Specifically, this proposal implements the commitment of providing “responsive, effective and collaborative government.”

 

BACKGROUND:

The Crossings Phase I and Phase II, LP purchased the Property on July 8, 2005 and constructed over 100 units of affordable housing for seniors. In 2008, the four parcels of the original purchase (104-410-010, 104-410-020, 104-420-010, and 104-420-020) were retired and merged into a single new parcel (020-010-810). In November 2008, The Crossings applied for the welfare exemption pursuant to section 214 of the Revenue and Taxation Code.

 

DISCUSSION:

After review of the welfare exemption claim and a field inspection, the Assessor has found that all requirements have been met, and is seeking approval of the roll corrections for the 2006 and 2007 annual rolls for the 4 retired parcels, and the 2008 annual roll for the new parcel. The following schedule lists the parcel, the tax year, the amount of the correction, and the Board Change number.

 

APN

Tax Year

Owner of Record

Roll Correction Amount

Board Change #

104-410-010

2006

The Crossings Phase I

$ 18,046.16

08-5390

104-410-010

2007

The Crossings Phase I

$ 86,787.32

08-5390

104-410-020

2006

The Crossings Phase II

$ 18,046.16

08-5391

104-410-020

2007

The Crossings Phase II

$ 86,787.32

08-5391

104-420-010

2006

The Crossings Phase I

$ 18,046.16

08-5392

104-420-010

2007

The Crossings Phase I

$ 86,787.32

08-5392

104-420-020

2006

The Crossings Phase II

$ 18,046.16

08-5393

104-420-020

2007

The Crossings Phase II

$ 86,787.32

08-5393

020-010-810

2008

The Crossings Phase I

$482,609.14

08-5361

 

When a correction to the tax roll involves a correction in excess of $50,000, Board of Supervisors’ approval of that correction is required. Because the Assessor and the Controller have combined lesser valued corrections with those requiring Board approval, the entire Board change is being presented to this Board for action.

 

FISCAL IMPACT:

The fiscal impact of this action is a $72,184.64 decrease in the 2006 tax roll, a $347,149.28 decrease in the 2007 tax roll, and a $482,609.14 decrease in the 2008 tax roll; with attendant property tax refund payments (that will include interest); provided however, because only the first installment of the 2008 taxes have been paid, only of the tax year 2008 correction amount is to be refunded.