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700 Sanchez 2020 ElectionRECEIVED STATEMENT OF ECONOMIC INTERESTS Date Initial Filing Received CALIFORNIA- ' ' Filing Official Use Only COMMISSIONFAIR POLITICAL PRACTICES COVER PAGE JUL 14 2020 Please type or print in ink. A PUBLIC DOCUMENT CITY OF LA QUINTA CIMLLI 4C DEPARTMENT NAME OF FILER (LAST) (FIRST) ) Sanchez Steve 1. Office, Agency, or Court Agency Name (Do not use acronyms) Clty of La Quinta Division, Board, Department, District, if applicable Your Position City Council Member P. If filing for multiple positions, list below or on an attachment. (Do not use acronyms) Agency: Position:._ 2. Jurisdiction of Office (Check at least one box) ❑ State ❑ Judge, Retired Judge, Pro Tem Judge, or Court Commissioner (Statewide Jurisdiction) ❑ Multi -County ❑ County of ❑x City of La Quinta ❑ Other 3. Type of Statement (Check at least one box) ❑ Annual: The period covered is January 1, 2019, through ❑ Leaving Office: Date Left 1, 1, December 31, 2019. (Check one circle.) .or - The period covered is I I through O The period covered is January 1, 2019, through the date of December 31, 2019. or- leaving office. ❑ Assuming Office: Date assumed —J 1 O The period covered is I through the date of leaving office. ❑R Candidate: Date of Election 11/03/2020 and office sought, if different than Part 1 S MU ) k"�' Schedule Summary (must complete) ► Total number of pages including this cover page: 5 Schedules attached ❑ Schedule A-1 - Investments – schedule attached Schedule A-2 - Investments – schedule attached Schedule B - Real Property – schedule attached -or- ❑ None - No reportable interests on any schedule 5. Verification ❑ Schedule C - Income, Loans, & Business Positions – schedule attached ❑ Schedule D - Income – Gifts – schedule attached Schedule E - income – Gifts – Travel Payments – schedule altached MAILING ADDRESS STREET CITY STATE ZIP CODE (Business or Agency Address Recommended - Public Document) 78495 Calle Tampico La Quinta CA 92253-2839 DAYTIME TELEPHONE NUMBER ( 760 ) 777 - 7035 EMAIL ADDRESS I have used all reasonable diligence in preparing this statement, I have reviewed this statement and to the best of my knowledge the information contained herein and in any attached schedules is true and complete. I acknowledge this is a public document. - I certify under penalty of perjury. under the laws of the State of California that the forego' a rrect. Date Signed 7/X Signatur (month, day, year) Irle ! od signed paper statement with your filing official) FPPC Form 700 - Cover Page (2019/2020) advice@fppc.ca.gov • 866-275-3772 - www.fppc.ca.gov Page - 5 SCHEDULE A-2 CALIFORNIA FORM700' Investments, Income, and Assets FAIR POLITICAL PRACTICES COMMISSION of Business Entities/Trusts Name (Ownership Interest is 10% or Greater) Steve Sanchez Serendipity Commercial Real Estate, Inc. Name PO BOX 5538, LA QUINTA, CA 92248 Address (Business Address Acceptable) Check one ❑ Trust, go to 2 ❑Q Business Entity, complete the box, then go to 2 GENERAL DESCRIPTION OF THIS BUSINESS Commercial Real Estate 11 FAIR MARKET VALUE IF APPLICABLE, LIST DATE: 0 $0 - $1,999 FAIR MARKET VALUE ❑ $2,000 - $10,000 19 -J---J 19 $10,001 - $100,000 ACQUIRED DISPOSED $100,001 - $1,000,000 ❑ $100,001 - $1,000,000 Over $1,000,000 ❑ Over $1,000,000 NATURE OF INVESTMENT ❑ Partnership ❑X Sole Proprietorship ❑ YOUR BUSINESS POSITION President/ CEO ❑ $0 - $499 ❑ $10,001 - $100,000 ❑ $500 - $1,000 FXOVER $100,000 ❑ $1,001 - $10,000 F-1 None or ❑X Names listed below SEE ATTACHED ..- Check one box ❑ INVESTMENT ❑ REAL PROPERTY Name of Business Entity, if Investment, or Assessor's Parcel Number or Street Address of Real Property Description of Business Activity or City or Other Precise Location of Real Property FAIR MARKET VALUE IF APPLICABLE, LIST DATE: ❑ $2,000 - $10,000 ❑ $10,001 - $100,000 ❑ $100,001 - $1,000,000 ACQUIRED DISPOSED ❑ Over $1,000,000 NATURE OF INTEREST ❑ Property Ownership/Deed of Trust ❑ Stock ❑ Partnership ❑ Leasehold ❑ Other Yrs remaining ❑ Check box if additional schedules reporting investments or real property are attached ► 1. BUSINESS ENTITY OR TRUST Address (Business Address Acceptable) Check one ❑ Trust, go to 2 ❑ Business Entity, complete the box, then go to 2 GENERAL DESCRIPTION OF THIS BUSINESS FAIR MARKET VALUE IF APPLICABLE, LIST DATE: 0$0-$1,999 ❑ $2,000 - $10,000 �___/ 19 �� 19 ❑ $10,001 - $100,000 ACQUIRED DISPOSED ❑ $100,001 - $1,000,000 ❑ Over $1,000,000 NATURE OF INVESTMENT ❑ Partnership ❑ Sale Proprietorship ❑ Other � YOUR BUSINESS POSITION 0$0-$499 ❑ $10,001 - $100,000 ❑ $500 - $1,000 ❑ OVER $100,000 ❑ $1,001 - $10,000 1� 3. LIST THE NAME OF •RTABLE SINGLE SOURCE OF INCOMEOF rrr OR •- ❑ None or U Names listed below Do- 4. INVESTMENTS AND INTERESTS IN REAL PROPERTY .. LEASED BY THE BUSINESS ENTITY OR TRUST Check one box: ❑ INVESTMENT ❑ REAL PROPERTY Name of Business Entity, if Investment, or Assessor's Parcel Number or Street Address of Real Property Description of Business Activity or City or Other Precise Location of Real Property FAIR MARKET VALUE IF APPLICABLE, LIST DATE: ❑ $2,000 - $10,000 ❑ $10,001 - $100,000 19 --J--J 19 ❑ $100,001 - $1,000,000 ACQUIRED DISPOSED ❑ Over $1,000,000 NATURE OF INTEREST ❑ Property Ownership/Deed of Trust ❑ Stock ❑ Partnership ❑ Leasehold ❑ Other Yrs remaining ❑ Check box if additional schedules reporting investments or real property are attached As a real estate agent, my commissions are paid to my corporation, then I pay myself FPPC Form 700 -Schedule A-2(2019/2020) advice@fppc.ca.gov • 866-275-3772 • www.fppc.ca.gov Page - 9 SCHEDULE A-2 CALIFORNIA FORm FAIR POLITICAL PRACTICES COMMISSION Attachment Name Steve Sanchez BUSINESS ENTITY OR TRUST: Serendipity Commercial Real Estate, Inc. Wilson Meade Commercial Real Estate, Inc. SCHEDULE B Interests in Real Property Name (Including Rental Income) Steve Sanchez ASSESSOR'S PARCEL NUMBER OR STREET ADDRESS 774115023 CITY La Quinta FAIR MARKET VALUE IF APPLICABLE, LIST DATE: ❑ $2,000 - $10,000 ❑ $10,001 - $100,000 ❑X $100,001 - $1,000,000 ACQUIRED DISPOSED ❑ Over $1,000,000 NATURE OF INTEREST 0 Ownership/Deed of Trust ❑ Easement ❑ Leasehold ❑ Yrs. remaining Other IF RENTAL PROPERTY, GROSS INCOME RECEIVED ❑ $0 - $499 ❑ $500 - $1,000 ❑ $1,001 - $10,000 ❑ $10,001 - $100,000 ❑ OVER $100,000 SOURCES OF RENTAL INCOME: If you Own a 10% or greater interest, list the name of each tenant that is a single source of income of $10,000 or more. 0 None ► ASSESSOR'S PARCEL NUMBER OR STREET ADDRESS CITY FAIR MARKET VALUE IF APPLICABLE, LIST DATE: ❑ $2,000 - $10,000 ❑ $10,001 - $100,000 19 --J--J 19 ❑ $100,001 - $1,000,000 ACQUIRED DISPOSED ❑ Over $1,000,000 NATURE OFINTEREST ❑ Ownership/Deed of Trust ❑ Easement ❑ Leasehold Yrs. remaining Other IF RENTAL PROPERTY. GROSS INCOME RECEIVED ❑ $0 - $499 ❑ $500 - $1,000 ❑ $1,001 - $10,000 ❑ $10,001 - $100,000 ❑ OVER $100,000 SOURCES OF RENTAL INCOME: If you Own a 10% or greater interest, list the name of each tenant that is a single source of income of $10,000 or more. ❑ None * You are not required to report loans from a commercial lending institution made in the lender's regular course of business on terms available to members of the public without regard to your official status. Personal loans and loans received not in a lender's regular course of business must be disclosed as follows: NAME OF LENDER' American Pacific Mortgage ADDRESS (Business Address Acceptable) 3000 Lava Ridge Court Suite 200, Roseville, CA 95661 BUSINESS ACTIVITY, IF ANY, OF LENDER Lender INTEREST RATE TERM (Months/Years) 3'99 5ro ❑None 30 years HIGHEST BALANCE DURING REPORTING PERIOD ❑ $500 - $1,000 ❑ $1,001 - $10,000 ❑ $10,001 - $100,000 Q OVER $100,000 ❑ Guarantor, if applicable Comments: This is my personal home NAME OF LENDER' ADDRESS (Business Address Acceptable) BUSINESS ACTIVITY, IF ANY, OF LENDER INTEREST RATE TERM (Months/Years) % ❑ None HIGHEST BALANCE DURING REPORTING PERIOD ❑ $500 - $1,000 ❑ $1,001 - $10,000 ❑ $10,001 - $100,000 ❑ OVER $100,000 ❑ Guarantor, if applicable FPPC Form 700 - Schedule B (2019/2020) advice@fppc.ca.gov • 866-275-3772 • www.fppc.ca.gov Page -11 SCHEDULE E Income — Gifts 7NameTravel Payments, Advances, and Reimbursements Mark either the gift or income box. Mark the "501(c)(3)" box for a travel payment received from a nonprofit 501(c)(3) organization or the "Speech" box if you made a speech or participated in a panel. Per Government Code Section 89506, these payments may not be subject to the gift limit. However, they may result in a disqualifying conflict of interest. For gifts of travel, provide the travel destination. ► NAME OF SOURCE (Not an Acronym) Rutan & Tucker, LLP ADDRESS (Business Address Acceptable) 611 Anton Boulevard, 14th Floor CITY AND STATE Costa Mesa, CA 92626 ❑ 501 (c)(3) or DESCRIBE BUSINESS ACTIVITY, IF ANY, OF SOURCE DATE(S): 10 / 16j 19 - 10./ 16 / 9 AMT: 27$ (if gift) ► MUST CHECK ONE: 0 Gift -or- ❑ Income 0 Made a Speech/Participated in a Panel 0 Other - Provide Description Annual League of CA Cities Conference Dinner ► If Gift, Provide Travel Destination League of CA Cities Conference in Long Beach ► NAME OF SOURCE (Not an Acronym) ADDRESS (Business Address Acceptable) CITY AND STATE ❑ 501 (c)(3) or DESCRIBE BUSINESS ACTIVITY, IF ANY, OF SOURCE DATE(S):---J---]_ - AMT. S (if gift) ► MUST CHECK ONE: ❑ Gift -or- ❑ Income 0 Made a Speech/Participated in a Panel 0 Other - Provide Description ► If Gift, Provide Travel Destination ► NAME OF SOURCE (Not an Acronym) ADDRESS (Business Address Acceptable) CITY AND STATE ❑ 501 (c)(3) or DESCRIBE BUSINESS ACTIVITY, IF ANY, OF SOURCE DATE(S):---J--J_ - --J--J- AMT: S (If gift) ► MUST CHECK ONE: ❑ Gift -or- ❑ Income 0 Made a Speech/Participated in a Panel 0 Other - Provide Description ► If Gift, Provide Travel Destination ► NAME OF SOURCE (Not an Acronym) ADDRESS (Business Address Acceptable) CITY AND STATE ❑ 501 (c)(3) or DESCRIBE BUSINESS ACTIVITY, IF ANY, OF SOURCE DATE(S):--J-/ - --J---IAMT: $ (If gift) ► MUST CHECK ONE: ❑ Gift -or- ❑ Income 0 Made a Speech/Participated in a Panel 0 Other - Provide Description ► If Gift, Provide Travel Destination Comments: For purposes of reporting the dinner during the Annual League Conference hosted by Rutan on October 1b, 2019. Rutan & I uc er,oPTi —With—Their�sfeannual dinner. FPPC Form 700 - Schedule E (2019/2020) advice@fppc.ca.gov • 866-275-3772 • www.fppc.ca.gov Page - 17