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HomeMy WebLinkAbout03- Public Comment James Roe 325 W. Sixth Street San Bernardino, CA 92401 (909) 884-9933 February 1, 1993 Dear Mayor and Council Members: My name is James Roe; my business address is 325 W. Sixth Street; and I am here to talk to you and the public about the Empire Bay Development. The development is one square city block, bounded by F and G, Sixth and Seventh Streets, downtown in the first ward (Esther Estrada's ward). SHOW NEWSPAPER ARTICLES. Here is a plat map of the block that they purchased using RDA funds. The orange marks are properties I sold them, properties it took me 20 years to acquire. They convinced me to sell my holdings to them for this development. When they laid out their plans to me, I thought that selling my properties to them was the right thing to do. I was under the impression that they had the money and the city backing to create a beautiful development for the inner city, something I had dreamed of doing for years. Since I was a major property owner on the block, they came to me first. They convinced me to share their dream. They also stated that they could acquire my property through eminent domain. But I sold my properties to them willing because I wanted to see the block developed. I carried the mortgages on four properties that I sold to them for a total of approximately $140,000. Your out-of-town developers have not paid their mortgage payments to me in six months and are delinquent on the loans that are still in my name on the other properties I sold them which is • V e uc.t of m P T-, ruining my credit. I wrote David Edgar of the RDA5 about their problem delinquencies in November of last year with no results to date, so I was forced to file foreclosures proceedings on all four delinquent mortgages last week. SHOW NOTICES. I have been a landlord in downtown San Bernardino for 21 years; I also live in San Bernardino. Council members, it hurts me deeply that you have allowed these out-of-town boys to come in here and blight the block on which I still own the finest historical building in town at 696 N. F Street, allowing them to create blight upon blight around me devastates me. This surely wasn't my dream. For 20 years, I personally fought blight and kept the block up. It hurts us all when we fail to respond to our mistakes correctly, which appears to be the current situation. It hurts my family because your choice developers have not kept their mortgage payments current on the other properties I sold them cash-to-loan. If something is not done to protect my credit, I and my family will be financially devastated. All of this because we believed in and supported your choice. I feel I have been duped and fooled by them. But most of all I feel that the city council as the RDA council has funded $1.4 million without any control; therefore, showing improper guide lines for the disbursements of public monies. The facts are as follows: (1) Your choice developers, Empire Bay, had no money of their own to invest in this project from the beginning and you were aware of this, but gave them $1.4 million of the public's money anyway. (2) This block had the highest crime rating in the city. (3) Landlording was to be a major part of this block's development prior to its demolition and reconstruction, and this group had no prior landlording experience which is why the block and the project are in trouble. (4) They had no construction loan approved prior to RDA funds being issued. (5) By giving them the $1.4 million without considering the qualifications needed to do a project on this block, you have become responsible along with 2 them for creating the worse blight on the block in its history. My questions are: (1) As stated, I have been forced to initiate foreclosure proceedings on several parcels. I want to know if you intend to protect the $1.4 million you gave these penniless, out-of-town developers or are you going to let the public's interest in these parcels be wiped out? (2) Are you going to repair my credit rating by paying the delinquent loans off in full immediately on the properties at 672 and 690 N. F Street? (3) If you do intend to protect the public's interest, then when? (4) Isn't there guidelines and procedures to insure reasonable success on projects using RDA funds? If so, why weren't they followed? (5) Do you feel that you have a fiduciary responsiblty to protect the sellers and beneficiaries of the properties sold on the block? (6) Do you feel that this development has become a public liability? Mayor Holcomb, please guide these council people one last time before you leave your post. Have them bring all payments current on all delinquent loans immediately and to protect my personal credit by paying the loans off on 672- 690 N. "F. Have weed abatement cleanup and manicure the block so that it is not a fire hazard and open liability. r I urge the public to go see what this council has allowed to be created at Sixth and F Street with redevelopment funds and to write letters asking why? how could you? and what are you going to do? Please support me and have — an inquiry into all of the RDA funded projects, because they could all be in this boat. In closing I would like Esther Estrada, candidate for mayor, to respond to the following newspapers quote, "To eliminate blight, she would hold out- of-town landlords more accountable for their properties. . .and that the mayor 3 0 needs to set the tone for a new city image. . .and we need to develop a friendlier attitude toward the people who foot the bill, the taxpayers." Since this is your ward, I hold you most accountable for the immediate answers and solutions. You brought these penniless, unqualified, out-of-town developers in, you created this blight, and is this what we should expect of you as mayor? This is the time for you to show us that you can lead this city and respond today to protect the public and myself. Respectfully submitted, James Roe 4 = k-.0N C +� •o L Q W bA 2 C W Ca ) •U a) m O V � C �. y'>0O > O a) o C h Aaby _ O � ` O F b � � y >> • r.+ C O� ca r,,-, d 4) cd 3 C �• y O p U J O E CA u•M+ em W.4.� A•3 O++ CD ++ y A CO i O a1 L R. rn A c 5 L 1•"1 {•1 o a CD W Mill u H a, o w o � a� F • � v �.a • i E E CL p a) Ft M r y Cn a> C Cn R d t0. cu CD O G) O C pR C C ° N W O N C C E O OCnO r.. 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C q JAN � � " � rS N AND WHEN RECORDED MAIL Td SARA SERVICE CORPORATION P.O. BOX 3888 Has not been Cc�6�la�rPCt ws'2:� c;rin:r���f SAN BERNARDINO, CA 92413 SAN FILE No. 50633 SPACE ABOVE THIS LINE FOR RECORDER'S USt`-- , IMPORTANT NOTICE iF YOUR PROPERTY IS IN FORECLOSURE BECAUSE YOU ARE BEHIND IN YOUR PAYMENTS, IT MAY BE SOLD WITHOUT ANY COURT ACTION,and you may have the legal right to bring your account in good standing by paying all of your past due payments plus permitted costs and expenses within the time permitted by law for reinstatement of your account, which is normally five business days prior to the date set for the sale of your property. No sale date maybe set until three months from the date this notice of default may be recorded (which date of recordation appears on this notice). .o This amount Is $2759.x.1 as of 1/19/93 and will increase until your account becomes current. I While your property Is In foreclosure,you still must pay other obligations(such as insurance and taxes) required by your note and deed of trust or mortgager. If you fall to make future payments on the loan, (� pay taxes on the property, provide insurance on the property,or pay other obligations as required In the -17 note and deed of trust or mortgage, the beneficiary or mortgagee may insist that you do so in order to 0 reinstate your account in good standing. In addition, the beneficiary or mortgagee may require as a condition to reinstatement that you provide reliable written evidence that you paid all senior liens, property taxes and hazard insurance premiums. Upon written request,the beneficiary or mortgagee will give you a written itemization of the entire amount you must pay. You may not have to pay the entire unpaid portion of your account,even though full payment was demanded, but you must pay the amount In default at the time payment is made. However, you and your beneficiary or mortgagee may mutually agree In writing prior to the time the notice of sale is posted(which may not be earlier than the end of the three-month period stated above)to,among other things. (1)provide additional time in which to cure the default by transfer of the property or otherwise; or(2) establish a schedule of payments In order to cure your default; or both (1) and (2). Following the expiration of the time period referred to In the first paragraph of this notice, unless the obligation being foreclosed upon or a separate written agreement between you and your creditor permits a longer period,you have only the legal right to stop the sale of your property by paying the entire amount demanded by your creditor. To find out the amount you must pay,or to arrange for payment to stop the foreclosure, or If your property Is In foreclosure for any other reason, contact: SARA SERVICE CORPORATION, agent for J. ROE 2990 N. Del Rosa Avenue, Suite 1, San Bernardino, California 92404 (714) 881-2539 if you have any questions, you should contact a lawyer or the government agency which may have Insured your loan. Remember, YOU MAY LOSE LEG��ERIGHTS T NOT TAKE PROPERTY PROMPT IS ACTION. NOTWITHSTANDIhW FORECLOSURE, YOU MAY C� �� THER PROVIDED CONC USION OF THE FORECLOSURE.LOSURE. SALE IS CONCLUDED PRIG NOTICE OF DEFAULT AND ELECTION TO SELL UNDER DEED OR TRUST NOTICE IS HEREBY GIVEN: Th�IL_ AAAFViGE CORPORATION, a corporation,is M � surest�t +�o�s # �eB under a deed of trust dated u Y t3 executed by as Trustor,to secure certain obligations in favor of JA YZ ROE �e TnTTCTyF' nT, THE OLD WORL17 T ITS _ as Beneficiary,recorded A S 'T 0 1 26 2 3 of Official Records In the office of the Recorder of County,California. CB i]0 FRTidG7Pj�. sum of$ 76, Said obligations including ONE . note_._.---. for the 1� That the beneficial interest under such dead and the obligations secured thereby are owned by the undersigned; That a breach of, and default in, the obligations for which such dead is security has occurred in that payment has not been made of. MONTHLY INSTALLMENTS OF INTEREST AND PRINCIPAL DUE NOVEMBER 15, 1992 THRU JANUARY 15, 1993 AN'. SUBSEQUENT INSTALLMENTS AS THEY BECOME. DUE; ACCRUED LATE CHARGES; ADVANCES, IF ANY, ON PRIOR LIENS, TAXES AND INSURANCE; DELINQUENT REAL PROPERTY TAXES, IF ANY. That by reason thereof,the undersigned,present beneficiary under such deed,has executed and delivered to said Trustee,or successor Trustee,or substituted Trustee a written Declaration of Default and Demand for sale,and has deposited with said Trustee,or successor Trustee,or substituted Trustee such deed and all documents evidencing obligations secured thereby,and has declared and does hereby declare all sums secured thereby immediately due and payable and has elected and does hereby elect to cause the trust property to be sold to satisfy the obligations secured thereby. C RP 1 AS�S7'EE iprn" LOUISE FANELLI PRESIDENT JANUARY 19, 1993 THIS NOTICE MUST BE RECORDED BY Dated SARA SERVICE CORPORATION 01/21/1993 10: 35 7142761082 STE ART TITLE-TSG PAGE 02 r STEWART TITLE CO.AND WHENREOORDED&WLTO UPy P of Document Rewcyrdod SARA SERVICE CORPORATION �I�N 2 0 { �� P.O. BOX seas n as Na _Y SAN BERNARDINO, CA 92413 t��I� � �ln original as not been damper©t.1 e FILE Na. 50632 SAN BERNARDINO CGLiNTY REf0RDE(i SPACE ABOVE THIS LiNE FOR RECORAER'S USE- IMPORTANT NOTICE IF YOUR PROPERTY IS IN FORECLOSURE BECAUSE YOU ARE BEHIND IN YOUR PAYMENTS, IT MAY BE SOLD WITHOUTANY COURTACTION,and you may have the legal right to bring your account In good standing by paying all of your past due payments plus permitted costs and expenses within the time permitted by law for reinstatement of your account, which is normally five business days prior to the date set for the sale of your property. No sale date maybe set until three months from the date this notice of default may be recorded (which date of recordation appears on this notice). This amount Is—LIT,344.20 as of 1/19/93 , and will Increase until your account becomes current. 4::' While your property is In foreclosure, you still must pay other obligations(such as insurance and taxes) required by your note and deed of trust or mortgager. If you fail to make future payments on the loan, pay taxes on the property, provide Insurance on the property,or pay other obligations as required In the note and deed of trust or mortgage, the beneficiary or mortgagee may insist that you do so In order to reinstate your account In good standing. In addition, the beneficiary or mortgagee may require as a p condition to reinstatement that you provide reliable written evidence that you paid all senior liens, M property taxes and hazard insurance premiums. Upon written request,the beneficiary or mortgagee will give you a written Itemization of the eritire amount you must pay. You may not have to pay the entire unpaid portion of your account,even though full payment was demanded, but you must pay the amount In default at the time payment Is made. However,you and your beneficiary or mortgagee may mutually agree In writing prior to the time the notice of sale Is posted (which may not be earlier than the end of the three-month period stated above)to,among other things, (1)provide additional time In which to cure the default by transfer of the property or otherwise; or(2) establish a schedule of payments In order to cure your default; or both (1) and (2). Foliowg the expiration of the time period referred to In the first paragraph of this notice, unless the obligation being foreclosed upon or aseparate written agreement between you and your creditor permits a longer period,you have oniyliffe legal right to stop the sale of your property by paying the entire amount demanded by your creditor. T-6 find out the amount you must pay,or to arrange for payment to stop the foreclosure, or If your property I In foreclosure for any other reason, contact: ;;. SARA SERVICE CORPORATION, agent for J. 110E 2990 N. Del Rosa Avenue, Suite 1, San Bernardino, California 92404 (714) 881-2539 If you have any questions, you should contact a lawyer or the government agency which may have Insured your loan. Remember, YOU MAY LOSE LEGAL RIGHTS IF YOU DO NOT TAKE PROMPT ACTION. NOTWITHSTANDING THE FACT THAT YOUR PROPERTY IS IN FORECLOSURE, YOU MAY OFFER YOUR PROPERTY FOR SALE PROVIDED THE SALE IS CONCLUDED PRIOR TO THE CONCLUSION OF THE FORECLOSURE, NOTICE OF DEFAULT Alp ELECTION TO SELL UNDER DEED OR TRUST NOTICE IS HERESY GIVEN: T SERVICE CORPORATION, under a deed of trust dated OR 99H 16. 12,91 ex a PVTON as Trustor, to secure certain obligations in favor of EXCHANGE I ILES, INC. C as Beneficiary,recorded NT NO e(Offldiai Reocrds in the office pf th8 Recorder of County,California. Said obligations including ONE note--_--__._--.. for the PRINCr Ai sum of$ 10, )00-00 That the beneficial interest under such deed and the obligations secured theroby are owned by the undersigned; that a breach of, and default in, the obligations for which such deed is securityy has occurred in that payment has not been made of: THE UNPATD PRINCIPAL BALANCE OF THE NOTE DUE SEPTEMEIt 25, 1992 PLUS ,ACCRUED INTEREST; PLUS ADVANCES ON PRIOR LIENS, TAXES AND INSURANCE, TF ANY. That by reason thereof,the undersigned,present beneficiary under such deed,has executed and delivered to said Trustee,or successor Trustee,or substituted Trustee a written Declaration of Default and Demand for sale,and has deposited with said Trustee,or successor Trustee,or substituted Trustee such deed and all documents evidencing obligations secured thereby,and halt.doclared and does hereby declare all sums secured tharoby immediately due and payablo and has elected and does hereby olect to cause the trust property to be sold to sAtisfy the obligations secured thereby: C. I 1=7"A I PILRA SERVICE ORPORATIO A TRUSTEE Dated JANUARY 19 1993 THIS NOTICE MUST BE RECORDED BY 3AIA,If I IVIC:L G0RP0rAA7l0N 01/21/1993 18:43 7142761082 STEIAAPT TITLE-TSG PAGE 01 JONI& of Document Recorded STFWART TITLE CO. I 21 1993_p 2-22— AND WHEN RECORDED MML TO SARA SERVICE CORPORATION P.O. BOX 3330 F!n6 not been cornpared vvith original. SAN BERNARDINO, CA 92413 FILE NO. 50635 SPACE ABOVE THIS LINE FOR RECORDER'S USE IMPORTANT NOTICE IF YOUR PROPERTY IS IN FORECLOSURE BECAUSE YOU ARE BEHIND IN YOUR PAYMENTS, IT MAY BE SOLD WITHOUT ANY COURT ACTION,and you may have the legal right to bring your account In good standing by paying all of your past due payments plus permitted costs and expenses within the time permitted by law for reinstatement of your account, which is normally five business days prior to the date set for the sate of your property. No sale date may be set until three months from the date this notice of default may be recorded (which date of recordation appears on this notice). This amount Is $1465,58 as of I/19L23 and will Increase until your account becomes current. foreclosure, still must pay other obligations(such as Insurance and taxes) required While your property Is In fo, ,y your note and deed of trust or mortgagor, if you fall to make future payments on the loan, by pay taxes on the property, provide Insurance on the property,or pay other obligations as required in the note and deed of trust or mortgage, the beneficiary or mortgagee may Insist that you do so In order to reinstate your account In good standing. In addition, the beneficiary or mortgagee may require as a N) condition to reinstatement that you provide reliable written evidence that you paid all senior (lens, property taxes and hazard Insurance premiums. Upon written request,the beneficiary or mortgagee will give you a written itemization of the entire amount you must Pay. You may not have to pay the entire unpaid portion of your account,even though full payment was demanded, but you must pay the amount In default at the time payment is made. However, you and your beneficiary or mortgagee may mutually agree In writing prior to the time the notice of sale is posted (which may not be earlier than the end of the three-month period Stated above)to,among other things. (1)provide additional time In which to cure the default by transfer of the property or otherwlse; or(2) establish a schedule of payments In order to cure your default; or both (1) and (2). Followl-ng the expiration of the time period referred to In the first-paragraph of this notice, unless the obligation beingforeclosed upon or aseparate written agreement between you and your creditor permits a longer period,you have only the legal right to stop the sale of your property by paying the entire amount demanded by your creditor. To find out the amount you must pay,or to arrange for payment to stop the foreclosure, or if your property is In foreclosure for any other reason, contact: SARA SERVICE CORPORATION, agent for J. ROE 2990 N. Del Rosa Avenue, Suite 1, San Bernardino, California 92404 (714) 881-2539 It you have any questions, you should contact a lawyer or the government agency which may have Insured your loan. Remember, YOU MAY LOSE LEGAL RIGHTS IF YOU DO NOT TAKE PR$MPN T ACTION. NOTWITHSTANDING THE, FACT THAT YOUR PROPERTY ACTION. YOU MAY OFFER YOUR PROPERTY FOR SALE PROVIDED THE SALE IS CONCLUDED PRIOR TO THE CONCLUSION OF THE FORECLOSURE. NOTICE OF DEFAULT AND ELECTION TO SELL UNDER DEED OR TRUST NOTICE IS PEREDY GIVEN: That SARA SERVICE CORPORATION, a corporation,is Tr sorlrumsr ted Trustee ,aorsubstitu under a dead of trust dated _-JANUARY 79. executed by Ji�gufff I EORNIA CORPCIRATIC as Trustor,to secure certain obligations in favor of- S ROE E OF THE OLD WORLD EJST_j)AT7,1) MARC14 98,- is MARCH 31, 1 92 As TNsTRijzlmT No 91- 1 -41,224 0 of Official , as Denefloiary recorded _- Records in the office of the Recorder of SAN BERNAR un County,California,PR sum of$ Sald obligations including—DIM— noto for the That the beneficial interest under such dead and the obligations secured thereby are owned by the undersigned; that a breach of, and default in, the obligations for which such deed is security has occurred in that payment has not been made of: QUARTERLY INSTALLMENTS OF INTEREST DUE SEPT 1992 THRU DECEMBER 1992 AND SUBSEQUENT INSTALLIKE AS THEY BECOME DUE; ADVANCES, IF ANY, ON PRIOR LIENS, TAXES ANT) INSURANCE; DELINQUENT REAL PROPERTY TAXES, IF ANY. That by reason thereof,the undersigned,present beneficiary under such deed,has executed and d0vered to said Trustoo,of successor Trustee,or substituted Trustee a written Declaration of Default and Demand for sate,and has deposited with said Trustee,or successor Trustee,or substituted Trustee such deed and all documents evidencing obligations secured thereby,and has declared and does hereby declare all sums secured thereby immediately due and payable and has elected and does hereby elect to CaUS0 the trust property to be sold to satisfy the obligations secured thereby, CORPORATIN AS STEE K ,0ARA SERVICE "O TRU LOUISE FANELLI, PRESIDENT JANUARY A�l -9 3 THIS NOTICE MV$T BE RECORDED BY Dated SARA SERVICE CORPORATION 01/21/1993 10:35 7142761082 STEWART TITLE-TSG PAGE 03 STEWART TITLE CO. of Document Recorded AND WHEN RECORDED AtAll TO ���,-�y����� SARA SERVICE CORPORATION rsn r� pg �,jr7 L P.O. B OX 3888 SAN BERNARDiNO, CA 92413 hen compared Witt) orig4�181.Plt E No, 50634 E9NARClNO CCU[STty �tCC1i��R SPACE ABOVE THIS LINE FOR RECORDER'S USE--..- IMPORTANT NOTICE IF YOUR PROPERTY IS IN FORECLOSURE BECAUSE YOU ARE BEHIND IN YOUR PAYMENTS, IT MAY BE SOLD WITHOUT ANY COURT ACTION,and you may have the legal right to bring your account in good standing by paying all of your past due payments plus permitted costs and expenses within the time permitted by law for reinstatement of your account, which is normally five business days prior to the date set for the sale of your property, No sale date maybe set until three months from the date this notice of default may be recorded (which date of recordation appears on this notice), This amount is $49,567,f0as of 1/19/93 , and will Increase until your account becomes current. While your property Is In foreclosure,you still must pay other obligations (such as Insurance and taxes) required by your note and deed of trust or mortgager. If you fall to make future payments on the loan, oQ pay taxes on the property,provide Insurance on the property,or pay other obligations as required In the note and deed of trust or mortgage, the beneficiary or mortgagee may Insist that you do so in order to reinstate your account in good standing. In addition, the beneficiary or mortgagee may require as a condition to reinstatement that you provide reliable written evidence that you paid all senior liens, property taxes and hazard Insurance prQmlums. Upon written request,the beneficiary or mortgagee will r.n give you a written Itemization of the entire amount you must pay. You may not have to pay the entire unpaid portion of your account,even though full payment was demanded,but you must pay the amount In default at the time payment Is made. However, you and your beneficiary or mortgagee may mutually agree In writing prior to the time the notices of sane Is posted(which may not be earlier than the end of the three-month period stated above)to,among other things. (1)provide additional time in which to cure the default by transfer of the property or otherwise; or(2) establish a schedule of payments in order to cure your default; or both (1) and (2). Following the expiration of the time period referred to In the first paragraph of this notice, unless the obligation beingforeclosed upon or a separate written agreement between you and your creditor permits a longer period,you have only the legal right to stop the sale of your property by paying the entire amount demanded by your creditor. To find out the amount you must pay,or to arrange for payment to stop the foreclosure, or If your property is In foreclosure for any other reason, contact: SARA SERVICE CORPORATION, agent for J. ROE 2990 N. Del Rosa Avenue, Suite 1, San Bernardino, California 92404 (714) 8812539 If you have any questions, you should contact a lawyer or the government agency which may have Insured your loan. Remember, YOU MAY LOSE LEGAL RIGHTS IF YOU DO NOT TAKE PROMPT ACTION. NOTWITHSTANDING THE ' FACT THAT YOUR PROPERTY IS IN FORECLOSURE, YOU MAY OFFER YOUR PROPERTY FOR SALE PROVIDED THE SALE IS CONCLUDED PRIOR TO THE CONCLUSION OF THE FORECLOSURE. NOTICE OF DEFAULT AND ELECTION TO SELL UNDER DEED OR TRUST NOTICE IS HEREBY GIVEN: Tn�t_ESARA SEgYICE CORPORATION, a corporation,is Trku6W2LOf6u%,itR TAr�st ,6&tl"JT,�A ZARI under a deed of trust dated J3 NN 6 t y U executed b K as Truslor,to secure certain obligations In favor of Y as Beneficiary;recorded ' 0 2 17 of Official Records in the office of the Recorder of SAN tERN RT11140 County,California. Said obligations including�n_t�IE note_. for the_ PRINCIPAL sum of$ 57,500,00 That the beneficial interest under such deed and the obligations secured thereby are owned by the undersigned; that a breach of, and default in, the obligations for which such deed is security has occurred in that payment has not been made of: THE UNPAID PRINCIPAL BALANCE OF THE NOTE DUE JULY 5, 1991 PLUS ACCRUED INTEREST; PLUS ACCRUED LATE CHARGES; PLUS ADVANCES ON PRIOR LIENS, TAXES AND INSURANCE, IF ANY. *HUSBAND AND WIFE That by reason thereof,the undersigned,present beneficiary under such deed,has executed and delivered to said Trustee,or successor Trustee,or substituted Trustee a written Doclaration of Default and Demand for sale,and has deposited with said Trustee,or successor Trustee,or substituted Trustee such deed and all documents evidencing obligations secured thereby,and has declared and does hereby declare all sums secured thereby immediately duo and payable and has elected and does hereby elect to cause the trust property to be sold to satisfy the obligations secured thereby. TRUSTEE I AS LOUISE FANELLI, PRESIDENT flat JULY 19, 1993 THIS NOTICE MUST BE RECORDED BY SARA SERVICE CORPORATION