City Unclaimed Monies-Morgan Square Business Improvement District Project

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Below is a link to the list of property owners believed to be owed a partial refund for an assessment levied upon their properties in the City of National City (“the City”) on behalf of the former property commonly known as the Morgan Square Property & Business Improvement District (“the PBID”), which expired in 2010.

 

At the time of its expiration, unexpended funds from levied assessments remained in the PBID’s accounts, which, pursuant to the terms of the PBID, were to be returned to the property owners who paid the assessments (i.e., upon termination of the PBID).  Upon the PBID’s failure to issue the required refunds, the City filed a lawsuit to compel the PBID to do so.  As a result of the lawsuit, the PBID was ordered by the Superior Court to remit all funds in its possession to the City, which would issue the refunds to the property owners after first reimbursing the City for the attorney’s fees paid by same to litigate this matter.  After deduction of the court-ordered attorney’s fees, the total amount available to be refunded is approximately $194,700.  The amounts to be refunded have been allocated proportionally on the basis of the PBID assessments levied in fiscal year 2009 (July 1, 2008 through June 30, 2009), the final year for such assessments.

 

Records obtained from the County of San Diego indicate the owners of the properties listed paid assessments for parcels located within the PBID boundaries for fiscal year 2009.  If you are the owner of one or more of the parcels listed, please complete and sign the Morgan Square PBID refund form, then submit it to the Department of Finance.

 

If you have any questions regarding this matter, please contact the Department of Finance at (619) 336-4330.

City Unclaimed Monies-Morgan Square Business Improvement District Project