Section 1484.3 - Priority 4sp: South Pasadena(a)Offer at Priority 4SP. SB 381 Properties are described in (b). When Priority 4SP is specified as the next priority by § 1477.3(a)(5), then all Surplus Residential Properties that are also SB 381 Properties that have not already been sold shall be next offered to the City of South Pasadena at the Minimum Sales Price pursuant to this section.(b)SB 381 Properties. The properties to be offered pursuant to this section include only unoccupied Surplus Residential Properties within the City of South Pasadena that meet at least one of these criteria: (1) The property is identified in § 1484.2; or(2) The property meets the criteria in Government Code § 54239.4(b)(2)(B).(c)City designated properties. The Department shall send a written request to the City of South Pasadena to provide a list of all properties that meet the criteria in Government Code § 54239.4(b)(2)(B). The City of South Pasadena may provide to Caltrans a list of all properties that meet the criteria in Government Code § 54239.4(b)(2)(B). The Department shall use the provided list to determine which of its Surplus Residential Properties meet the criteria in (b)(2) if it is received within 30 days of the written request. If no list is provided within the 30 days, then it shall be determined that the City of South Pasadena is not interested in purchasing any properties that meet the criteria in Government Code § 54239.4(b)(2)(B) at Priority 4SP.(d)Soliciting Interest. The Department will provide to the City of South Pasadena a written list of the unoccupied SB 381 Properties to be offered for sale under Priority 4SP. For each such property on the list, the Department will provide the following information: (2) The Minimum Sales Price; and(3) Copies of all repair records for the prior 3 years; and(4) Copy of the Use and Resale Restrictions described in (j).(e)Response. If the City of South Pasadena wants to purchase any of the properties identified on the list provided to it pursuant to (d), then it shall notify the Department in writing of the properties from the list it wants to purchase within 45 calendar days from the postmarked date of the letter sent pursuant to (d).(f)Sales Contracts. The Department will send a sales contract to the City of South Pasadena for each property identified by the City pursuant to (e), subject to the following:(1) Properties identified pursuant to (e) must be on the list provided to the City of South Pasadena pursuant to (d).(2) The sales contract must be executed and returned to the Department within 60 calendar days of the date the Department sends the contract.(g)Escrow. Upon execution of the sales contract, the City of South Pasadena will have 120 calendar days to close escrow. Upon written request, the Department will provide an additional 30 calendar days to close escrow. The City of South Pasadena must also comply with Government Code § 54239.4(b)(1)(D) before closing escrow.(h)Closing Costs and Escrow Fees. The City of South Pasadena must pay all closing costs and escrow fees.(i)No Warranty. Any Priority 4SP sale is "as-is" and without warranty.(j)Use Restrictions. As a condition for sale at the Minimum Sales Price at Priority 4SP, the City of South Pasadena shall agree to Use and Resale Restrictions containing the terms, conditions, and restrictions imposed by the Department to ensure compliance with Government Code section 54239.4. These Use and Resale Restrictions are contained in their entirety in Form 1477.3(a)(5) - South Pasadena, Priority 4SP (02/22), which is hereby incorporated by reference. Upon mutual consent of the Department and the City of South Pasadena, the Use and Resale Restrictions may be amended to the extent that such amendment does not contradict statute.Cal. Code Regs. Tit. 21, § 1484.3
1. New section filed 4-7-2022 as an emergency; operative 4-7-2022 (Register 2022, No. 14). Pursuant to Government Code section 54239.4(f), this is a statutorily deemed emergency and the emergency language remains in effect until 4-7-2024. A Certificate of Compliance must be transmitted to OAL by 4-7-2024 or emergency language will be repealed by operation of law on the following day.
2. Pursuant to Government Code section 54239.5(e)(3), as added by Senate Bill 959 (Stats. 2022, Ch. 668), a Certificate of Compliance must be transmitted to OAL by 9-30-2024 or language of the emergency order of 4-7-2022 (Register 2022, No. 14) will be repealed by operation of law on the following day (Register 2023, No. 27). Note: Authority cited: Sections 54237 and 54239.4, Government Code. Reference: Section 54239.4, Government Code.
1. New section filed 4-7-2022 as an emergency; operative 4/7/2022 (Register 2022, No. 14). Pursuant to Government Code section 54239.4(f), this is a statutorily deemed emergency and the emergency language remains in effect until 4-7-2024. A Certificate of Compliance must be transmitted to OAL by 4-7-2024 or emergency language will be repealed by operation of law on the following day.