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Supervisors press city agencies after El Rey Theater foreclosure; lien, judgment and auction raise questions
Summary
Committee hearing revealed the city held a lien and a $246,682.97 judgment against Voice of the Pentecost but learned of a mortgage auction that extinguished the lien only after reporters published the sale; TIDA, the City Attorney and OEWD outlined past negotiations, legal limits and ongoing efforts to pursue landmarking and community engagement.
The Government and Oversight Committee convened a hearing to examine how the El Rey Theater on Ocean Avenue — long owned by Voice of the Pentecost — was foreclosed and auctioned despite a city lien, raising community alarm and questions about notice and preservation.
Bob Beck of the Treasure Island Development Authority said TIDA held a lien related to a 2005 lease and nonpayment of rent. He said the city pursued an unlawful detainer and negotiated a stipulated payment that the tenant failed to make; the Superior Court later entered a judgment for $246,682.97 for accrued rent, interest and penalties. Beck said he and TIDA were surprised to learn from reporters…
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