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COUNTY OF SAN MATEO
Inter-Departmental Correspondence
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County Counsel
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DATE:
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February 26 , 2009
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BOARD MEETING DATE:
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March 17, 2009
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SPECIAL NOTICE/HEARING:
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None
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VOTE REQUIRED:
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Majority
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TO:
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Honorable Board of Supervisors
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FROM:
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County Counsel
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SUBJECT:
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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
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RECOMMENDATION:
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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.
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VISION ALIGNMENT:
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Commitment: responsive, effective, and collaborative government.
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Goal 20: Government decisions are based on careful consideration of future impact, rather than temporary relief or immediate gain.
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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.”
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BACKGROUND:
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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.
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DISCUSSION:
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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.
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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
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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.
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FISCAL IMPACT:
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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 ½ of the tax year 2008 correction amount is to be refunded.
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