HomeMy WebLinkAbout12 Delenquent Parcels Agenda Item # 12
Public Utility District
ACTION
To: Board of Directors
From: Mary Chapman
Date: April 21, 2010
Subject: Consideration and Possible Action to Authorize Sherman & Feller to
Proceed with Suit on Two Delinquent Community Facilities Districts
Parcels
1. WHY THIS MATTER IS BEFORE THE BOARD,
Only the Board can authorize judicial foreclosure suits.
2. HISTORY
On February 3, 2010, the Board adopted a judicial foreclosure resolution authorizing
special counsel, Sherman & Feller, to proceed with foreclosing on delinquent
assessments in both the Old Greenwood Community Facilities District (CFD) and the
Gray's Crossing Community Facilities District (CFD).
3. NEW INFORMATION
Susan Feller of Sherman & Feller began the foreclosure process in early February.
There were 9 parcels with delinquent assessments in the amount of $24,475.71 for
the Old Greenwood CFD and 26 parcels with delinquent assessments in the amount
of $88,218.93 for the Gray's Crossing CFD. To date, Ms Feller has collected all
monies due on the delinquent assessments including her fees with the exception of 2
delinquent assessments in the Gray's Crossing CFD.
The Board now needs to proceed with judicial foreclosure suit on the two remaining
delinquent parcels. Attachment 1 is a list of the two parcels and the amounts of the
delinquent assessments on both.
4. FISCAL IMPACT
There is no fiscal impact with the action item. All charges incurred related to the
judicial foreclosure process are the responsibility of the property owners.
5. RECOMMENDATION
Authorize Sherman & Feller to proceed with the judicial foreclosure suit on assessor
parcel numbers 19-800-21 and 19-890-02.
Mary Cha an Mic ael D. Holley
Administrative Services Manager General Manager
Attachment 1
Gray's Crossing Community Facilities District No.04-1
Delinquent Parcels as of 4/16/10
Installment
APN Installment Amount Total
19-800-21 04/08 $1,591.81
19-800-21 04/09 1,623.65
19-800-21 12/08 1,623.65 $4,839.11
19-890-02 04/08 1,989.76
19-890-02 12/07 1,989.76
19-890-02 04/09 2,029.56
19-890-02 12/08 2,029.56 8,038.64
2 Parcels $12,877.75 $12,877.75