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2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />W{ti <br />CLERK Of 'rti9 HO;uW ". <br />AGREEMENT NO. J"7 I <br />TO PURCHASE TAX -DEFAULTED PROPERTY <br />This Agreement is made this 1S day of Qb PV' , 20� L, by and between the County of <br />Orange, a political subdivision of the State of California ("County"), and the City of Santa Ana <br />("Purchaser"), pursuant to the provisions of Division 1, Part 6, Chapter 8, of the Revenue and Taxation <br />I Code. <br />RECITALS <br />WHEREAS, the real property situated within County, described in Exhibit A to this Agreement <br />has been tax -defaulted for five (5) years or more and is subject to the power to sale by the Treasurer -Tax <br />Collector of said County for the nonpayment of taxes, pursuant to provisions of law; and <br />WHEREAS, the property is located in City of Santa Ana; and <br />WHEREAS, Purchaser needs the property for street and highway purposes and intends to <br />devote the property to said purposes after this Agreement becomes effective; <br />ARTICLES <br />It is mutually agreed as follows: <br />1. Purchaser, agrees to pay the sum of 14$ ,700,00 for the property within 45 days after the date <br />this Agreement becomes effective. Upon payment of said sum to the Treasurer -Tax <br />Collector, the Treasurer -Tax Collector shall execute and deliver a deed conveying title to the <br />property to Purchaser. <br />2. As provided by Section 3800 of the Revenue and Taxation Code, the cost of giving notice of <br />this Agreement shall by paid by Purchaser, <br />3. As provided by Section 3808 of the Revenue and Taxation Code, the amount of the purchase <br />price paid pursuant to this Agreement to the Orange County Treasurer -Tax Collector shall be <br />deposited, like tax collections, in the delinquent sale trust fund and shall be distributed <br />pursuant to Section 4671 et seq. of the Revenue and Taxation Code. <br />