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Maureen Megowan

Progress for Palos Verdes Peninsula Dog Park made at Rancho Palos Verdes Council Meeting

Last night, plans for the development of Grandview Park in the Montemalaga neighborhood and Lower Hesse Park in Rancho Palos Verdes were discussed at the City Council Meeting for Rancho Palos Verdes. The evening was a great step forward in getting a dog park constructed on the Palos Verdes Peninsula.

Approx. 12 people spoke on the City's preliminary design of the parks at Grandview and Lower Hesse Park ( Note: Click on the link and when the plan is displayed, click on the picture to enlarge it ). Most of the speakers were immediate neighbors of the park concerned with traffic and noise. My husband Bruce and Ruth Shaffer spoke in favor of the dog parks. She emphasized the fact that dog parks are great for drawing people out of their homes and getting together as a community. This comment seemed to resonate with several of the council members. Bruce presented the council with copies of our petitions that included 814 signatures in favor of a dog park on the Peninsula, with 359 of the signatures being from residents of RPV. He also commented on the fact that the proposed dog parks seemed to be too small and not the optimal size as recommended by several sources which we had read on the Internet, which was 3 acres in size ( 2 acres for large dogs and 1 acre for small dogs).

After all of the public comments were over regarding Grandview and Lower Hesse Park, Mayor Larry Clark gave a presentation on how the other cities on the Peninsula are now actively working together to construct dog parks on the hill. He said that at a recent meeting of all of the mayors of the 4 Peninsula cities, that they were unanimous in their support for constructing one or more dog parks on the Peninsula. The RPV City Manager also commented that all of the city managers are also supportive of the idea. Mr. Clark then showed the large stack of dog park petitions Bruce had given him and he submitted them to the city clerk as evidence of the demand for a dog park on the Peninsula. Several of the council members mentioned the large number of emails that they have received over the last 18 months from our supporters.

Each of the other council members then commented, and they all seemed in support of a dog park on the hill, although a couple were firm that certain negative impacts of the dog park ( noise, traffic , etc. ) would need to be mitigated or addressed by staff for a dog park to be constructed at Grandview Park or Lower Hesse Park. They also directed staff to consider doing a survey of other locations within the city that may be appropriate for a dog park location.

One thing that all of the council members emphasized was that these two parks were city parks, meant for active recreational uses for all of the city residents, and were not just local parks meant for the immediate residents, and that although their concerns would be addressed and attempts to mitigate them made, that they all purchased their homes knowing that this was a city park in their immediate neighborhoods. They also stated that although several of the residents commented that they would like to see Grandview Park left in its natural state, that the city currently has over 1,500 acres of nature preserve and dedicated open space, and that this land was purchased years ago by the city for an active city park, and that it should be developed as such.

The city authorized $50,000 to be spent on hiring a designer who would flesh out the proposed design. They also plan to have future public workshops to discuss the proposed designs. The council members emphasized that this is a first step and that authorizing design work did not mean that the council was endorsing or approving the current design.

We are also continuing to work with the City of Rolling Hills Estates on the possiblity of constructing a dog park on the former Palos Verdes landfill site or at another suitable location within their city. At the RHE Parks and Activities meeting last night two potential locations within RHE for a dog park (which did not include a discussion of the former Palos Verdes landfill site ) were unfortunately voted down. The Palos Verdes landfill site was not discussed, however, and this site will hopefully be put on the agenda for the next committee meeting to discuss.

If you would like to support our efforts to get a dog park constructed on the Palos Verdes Peninsula, please email me at mmegowan@cox.net .

Interest Rate Update

The following are interest rate quotes from Ron Goodlin at Coast Captal Group at ron@coastcapitalgroup.com :

Loan amounts from $150,000-$417,000

Options:These rates are available at a 1pt origination fee plus standard closing costs. Rates based on fico score ">740", impound account, loan to value "<60%" and lock period "30 days"...

30yr fixed loan 4.50% (4.64% APR)

10/1 ARM fixed 4.0 % (4.22% APR)

5/1 ARM fixed 3.625% (3.75% APR)

Loan amouts from $417,000-$729,750..Program is GONE by the end of the year....

Options:These rates are available at a 1pt origination fee plus standard closing costs. Rates based on fico score ">740", impound account, loan to value "<60%" and lock period "30 days"...

30yr fixed loan 4.75% (4.89% APR)

7/1 ARM fixed 4.0% (4.125% APR)

5/1 ARM fixed 3.625% (3.83% APR)

Loan amounts from $729,750- $2,000,000

Options: These rates are available at a 1pt origination fee plus standard closing costs. Rates based on fico score, loan to value, lock period and banking relationship... Potential for Interest only payment..

30yr fixed 4.875% 1.75Pt's (5.56% APR)

10/1 ARM fixed 5.5% (5.75% APR)

7/1 ARM fixed 5.125 (5.29% APR)

5/1 ARM fixed 4.875% (4.98% APR)

3/1 ARM fixed 4.5% (4.65% APR)

Loan amounts from $2,000,000- $10,000,000:

Options: These rates are available at a 1pt origination fee plus standard closing costs. Rates based on fico score, loan to value, lock period and banking relationship... Potential for Interest only payment..

10/1 ARM fixed 5.625% (5.75% APR)

7/1 ARM fixed 5.25% (5.369% APR)

5/1 ARM fixed 4.875% (5.128% APR)

3/1 ARM fixed 4.625% (4.75% APR)

6 month arm 3.0% (5.125%APR)

Palos Verdes Dog Park - Some Good News !!

I have some exciting news about the possibility of constructing a dog park on the Palos Verdes Peninsula.

At the next regularly scheduled Rancho Palos Verdes City Council meeting next Tuesday night November 17th at 7:00 pm at Fred Hesse Community Park at 29301 Hawthorne Blvd , the city council will be reviewing a staff report on improvements proposed for both Grandview Park and Lower Hesse Park in Rancho Palos Verdes which would include a fenced dog park for both large and small dogs. ( see staff report at http://www.palosverdes.com/rpv/citycouncil/agendas/2009_Agendas/MeetingDate-2009-11-17/RPVCCA_SR_2009_11_17_12_Conceptual_Designs_Hesse_Grandview1.pdf ) . Mayor Larry Clark, in support of our previous presentations to the city council for a dog park on the Peninsula, has been instrumental in proposing a dog park at these two locations and has requested that as many dog park supporters as possible attend this meeting to show community support for the dog park component of these plans.

Your attendance at this meeting is very important and may be instrumental in getting a dog park constructed on the Palos Verdes Peninsula.

I had previously sent out an email regarding a meeting of the Rolling Hills Estates Park and Activities committee also scheduled for next Tuesday night at 7:30 pm at which meeting proposed locations of a dog park in RHE would be discussed, and which I asked everyone to attend. Given the importance of the RPV City Council meeting discussed above, I would encourage you to attend the RPV City Council meeting instead. We will continue to encourage RHE to pursue a dog park within their city limits including our previously recommended location of the former Palos Verdes Landfill site.

Picture of my miniature Australian Shepherd "Pepper "

My husband and I also attended the City Council meeting of the City of Palos Verdes Estates last week, and although the council members have indicated that they do not see a viable location for a dog park within their city limits, that they would consider adding this issue as an agenda item in a future meeting of the city council to discuss what they can do to support the construction of a dog park elsewhere on the Palos Verdes Peninsula.

We are starting to make some real progress on getting a dog park on the Palos Verdes Peninsula, and hope that you will show your support for this by attending next Tuesday nights RPV city council meeting.

Original Palos Verdes Project Plans called for additional commercial plazas

The original master plan envisioned three major business centers in Malaga Cove, Valmonte, and Lunada Bay, with minor business centers in Margate, Miraleste, and Montemalaga. The Lunada Bay Plaza area was originally going to be constructed at Via Mirola and was to be a grand plaza with several large buildings, but was ultimately constructed on a scaled down basis a bit north at Yarmouth Road.

Lunada Bay Ad
1920's advertisement for Lunada Bay (Picture Courtesy of Palos Verdes Peninsula Library District). Thisd was the original plan for the Lunada Bay Plaza to be built on Via Mirola.

The only business centers originally planned for the Palos Verdes Project which were constructed were at Malaga Cove, Lunada Bay, and Miraleste.

Original plans for Valmonte Plaza
Original plans for Valmonte Plaza (Picture Courtesy of Palos Verdes Peninsula Library District)

In addition to the early planned districts of Valmonte, Malaga Cove, Margate, Lunada Bay and Miraleste, located in the current City of Palos Verdes Estates,there were several other planned districts, now part of Rancho Palos Verdes, called "Telarana" (near the Point Vicente lighthouse), "Taravel" (near Long Point), "Cabrillo" (near Portuguese Bend) and "Altamira" (near the Peninsula Center shopping center).

For additional information aboutr the history of Palos Verdes, go to HISTORY OF PALOS VERDES ESTATES

Property tax Exemptions to Reduce your Property Tax Bill in South Bay of Los Angeles - 3rd in a Series

MAINTAINING YOUR EXISTING PROPERTY TAX BASIS IF YOU ARE 55 OR OLDER AND SELL YOUR PROPERTY
Proposition 60, passed in 1986, and modified by Proposition 90, passed in 1988, allows "qualified" individuals over the age of 55 to transfer the base year assessed valuation from a former residence ("original property") to a replacement residence, of equal or lesser value and that meet other certain conditions. Link: http://www.smcare.org/library/pdfs/Broch-Props_60-90-110_v_BG-PK.pdf which discusses this issue in detail. Effective January 1, 2007, claims must no longer be filed within 3 years, however if the claim is filed after 3 years, relief will be granted beginning with the calendar year in which the claim was filed. In addition, any upgrades paid by the buyer outside of escrow and not reflected in the sales price must now be reported on the Preliminary Change of Ownership Report so as to be included in the determination of the "equal or lesser value" test.

HOMEOWNER'S EXEMPTION ON PROPERTY TAXES
If you own a home and occupy it as your principal place of residence on January 1, you may apply for an exemption of $7000 off of your assessed value. This will save you over $70 a year on your property taxes. All you need to do is file a simple one page form with the county tax assessors office. For information click on this link at the L.A. county assessors office: http://www.lacountyassessor.com/extranet/guides/exemptions.aspx . For a copy of the form to be filed you must call the L.A. County Tax Assessors office at (213) 974-3211 and request that a form be mailed to you. The form is not available on the internet. If you do not know if you have a homeowners exemption on file, go to the assessormap link in the first paragraph above, and review the property tax information for your property.



PARENT TO CHILD TRANSFER EXEMPTION
Under Propositions 98 and 193, property transferred between parents and children (Proposition 58, effective 1986) and from grandparents to grandchildren (Proposition 193, effective 1996) is not reassessed for property tax purposes. In order to take advantage of this, however, a claim must be filed with the county tax assessors office. The exemption to reassessment is 100% of the assessed value for the parents/grandparents principal residence plus the first $1,000,000 of assessed value for other property transferred. This is, of course, only for California property.See http://www.lacountyassessor.com/extranet/guides/prop58.aspx for additional information on filing this claim. For estate planning purposes, it is important to understand the details of this exemption. For instance, a family home left to several children as tenants-in-common would be eligible, however if some of the children sell their interest to the other child, the property would be reassessed for this interest sold. The exemption is only for parent to child, not child to child. Therefore, it would be advantageous to leave a family home, with a low property tax basis, to one child, and to leave other assets of comparable value to the other children.

DISABLED VETERANS EXCLUSION
If you are a California veteran who is rated 100% disabled, blind, or a paraplegic due to a service-connected disability (or if you are the unmarried widow of such a veteran), you may be eligible for an exemption of up to $150,000 off of the assessed value of your home.

BUILDERS EXCLUSION
Certain new construction may be excluded from supplemental assessment. The property must be for sale and the builder must file the necessary claim form with the Assessor's Office prior to or within 30 days from the start of construction. If the form is not filed, a supplemental assessment is sent to the builder upon completion of construction.

SEVERELY AND PERMANENTLY DISABLED EXCLUSION
A severely and permanently disabled person, who buys a new home, may be able to have his/her old assessed value transferred to the new home. You must file a claim.

DISASTER RELIEF
If a major calamity, such as fire or flooding, damages or destroys your property, you may be eligible for property tax relief. In such cases, the Assessor's Office will reappraise the property to reflect its damaged condition. In addition, when you rebuild it in a like or similar manner, the property will regain its pre-damage valuation basis for tax purposes. To qualify for property tax relief, you must file a Misfortune or Calamity Claim with the Assessor's Office within 12 months* from the date the property was damaged or destroyed. In addition, the loss must exceed $10,000* of current market value.

For more information on Property Taxes for the South Bay of Los Angeles, visit my website at Property Taxes