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HomeMy WebLinkAboutR33-Economic Development ECONOMIC DEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO ORJGINAL FROM: Gary Van Osdel Executive Director SUBJECT: Redevelopment Project Study and Redevelopment Assistance Agreement - HSB 1-215, L.P. & SE 1-215, L.P. (collectively referred to as "Hillwood"); Amendment No. 2 to the Terra Nova Planning and Research, Inc. Agreement; $2 Million Economic Development Administration Grant (re: former Culligan site and Agency Property - State College Redevelopment Project Area) DATE: August 8, 2005 Synopsis of Preyious Commission/Council/Committee Action(s): On July 5, 2005, the Redevelopment Committee Members Estrada and McGinnis unanimously voted to recommend to the Community Development Commission approval of a Redevelopment Project Study and Redevelopment Assistance Agreement by and between the Agency and HSB 1-215, L.P., SE 1-215, L.P. ("HiIlwood"). Recommended Motion(s): (Community Development Commission) Resolution of the Community Development Commission of the City of San Bernardino approving and authorizing the Executive Director of the Redevelopment Agency of the City of San Bernardino ("Agency") to (1) Execute a Redevelopment Project Study and Redevelopment Assistance Agreement by and between the Agency and HSB 1-215, L.P., SE 1-215, L.P. (collectively referred to as "Hillwood"); (2) Execute Amendment No.2 to the Terra Nova Planning and Research, Inc. Agreement, as subsequently amended; and (3) authorize the Executive Director to prepare and submit a $2,000,000 grant application to the Economic Development Administration (EDA) related to improvements to the University Parkway 1-215 freeway interchange (former Culligan Site and Agency Property - State College Redevelopment Project Area) Contact Person(s): Project Area(s) Gary Van asdel/Maggie Pacheco State College Phone: (909) 663-1044 6 Ward(s): Supporting Data Attached: 0 Staff Report 0 Resolution(s) 0Agreement(s)/Contract(s) 0 Map(s) 0 Letters FUNDING REQUIREMENTS 113,000 Source: Developer Funds SIGNATURE: P:\Agendas\Comm Dev Commission\COC 2005\05-08-15 HSB 1-215. LP& SE 1-215, L.P,doc COMMISSION MEETING AGENDA Meeting Date: 08/15/2005 Agenda Item Number: ~ 33 ECONOMIC DEVELOPMENT AGENCY ST AFF REPORT REDEVELOPMENT PROJECT STUDY AND REDEVELOPMENT ASSISTANCE AGREEMENT- HSB 1-215, L.P. & SE 1-215, L.P. (COLLECTIVELY REFERRED TO AS "HILLWOOD"); AMENDMENT NO.2 TO THE TERRA NOVA PLANNING AND RESEARCH, INC. AGREEMENT; $2 MILLION ECONOMIC DEVELOPMENT ADMINISTRATION GRANT (RE: FORMER CULLIGAN SITE AND AGENCY PROPERTY - ST ATE COLLEGE REDEVELOPMENT PROJECT AREA) BACKGROUND: By the start of World War II, Mr. Culligan developed a facility in San Bernardino for manufacturing silica gel, a critically needed de-hydrating material. After the war, zeolite production was shifted to the San Bernardino plant. The company was incorporated in 1945 and its name changed to Culligan Inc. in 1952. In 1970, its name was changed to Culligan International Company (the "Culligan Site"). In 1981, the Agency commenced proceedings to condemn land owned by Culligan. This was due to a "run off' problem from/through the Culligan property damaging the adjacent golf course. On November 30, 1981, a Settlement Agreement and Release of Claims was executed between Culligan and the Agency wherein the Agency was to acquire the parcel and a basin and drain system was to be constructed. The Agency acquired title to approximately 10.53 acres of vacant land (which is used as an overflow for drainage) on the south side of 1- 215 (APN: 0148-011-39 and APN: 0266-073-08) (the "Agency Property") and is located adjacent to the property commonly referred to as the Culligan Site at an approximate purchase price of$146,400. On October 19, 2004, HSB 1-215, L.P., SE 1-215, L.P. (collectivcly referred as "Hill wood") acquired title to the Culligan Site which is comprised of the following: APN: 0266-073-02, 04, 05, 06, 09 and APN: 0148- 011-40 all of which comprises the project site (the "Project Site"). APN: 0148-011-40 is adjaccnt to the Agency Property. CURRENT ISSUE: On May 17, 2005, Hillwood informed the Agency of their ownership of the Project Site and that they planned to construct a distribution facility on the Project Site. Hillwood desires to enlarge the Project Site by acquiring the adjacent Agency Property. The Agency Property is unimproved and used for drainage overflow and lies between the Project Site and the Shandin Hills Golf Course. If the Project Site is enlarged to include the Agency Property, it would be possible for Hillwood to construct approximately 2,000,000 square feet of distribution facilities (the "Project"). As part of the Project, a new storm drain detention facility would be constructed. Currently, there is a storm drain detention pond on the Agency Property (the "Existing Storm Drain Facility"). However, it will need to be reconfigured and enlarged in order to accommodate the storm drainage from thc Project Site and the adjacent areas, which are presently serviced by the Existing Storm Drain Facility. It is proposed that the new Stonn Drain Facility will be partially constructed on the Project Site and on the Agency Property. P 'Agenda~\Comm Dev Comm;S~lOrI\CDC 2005\05-08-15 HSB 1-215, L P & SF 1-215, L P doc COMMISSION MEETING AGENDA Meeting Date: 08/15/2005 Agenda Item Number: Economic Development Agency Staff Report HSB 1-215, L.P. and 1-215, L.P. Agreement Page 2 The Agency desires to consider and study the proposed Project and in so doing, should aid in fostering the economic development goals and objectives of both the City and the Agency within the State College Redevelopment Project Area (the "Project Area"). Consequently, Staff recommends that the Community Development Commission consider entering into a Redevelopment Project Study and Redevelopment Assistance Agreement (the "Agreement") with Hillwood to determine the feasibility of the Project Site, which could include the disposition of the Agency Property. Under the Agreement, the Agency may retain the services of community planning and environmental consultants to assist in the preparation of the various investigations, surveys and reports including an Environmental Impact Report (EIR). These various investigations, surveys and reports including an EIR would study the area bounded by the 1-215 Freeway on the east, University Parkway on the north, Cajon Boulevard on the west, and the Shandin Hills Golf Course on the south (the "Study Area"). Those components that make up the Study Area include the Agency Property, the proposed Project, the proposed University Parkway/I-215 Freeway interchange, the proposed University Parkway widening west of the 1-215 Freeway, and the proposed grade separation of the Burlington Northem Santa Fe Rail Line at State Street. Thus, given the scope of the entire project, Development Services has determined that an ErR for the Project will be required. Currently, Terra Nova Planning and Research, Inc. ("Terra Nova") is under contract with the Agency for planning and environmental report review/preparation services and in the interest of time, it is therefore recommended that Terra Nova prepare the EIR with Hillwood paying the contract expenses for Terra Nova in the amount of $113,000. To prepare this EIR, the Terra Nova 2004 Professional Services Agreement (the "Terra Nova Agreement") will need to be amended to extend the term of the Terra Nova Agreement for an additional twelve (12) months through May 3,2007 and increasing the monetary compensation from $60,000 to $173,000. Moreover, subject to Hillwood's pre-approval, Hillwood would bear all costs associated with the feasibility analysis and any other third party costs. The Agency will bear expenses and fees for its own legal services. The term of the Agreement will be for a penod of two (2) years following the approval by the Commission and will automatically terminate unless it is extended by mutual consent of the parties. If following the study and evaluation of the Project it is mutually determined that it is feasible to move the Project forward, an Owner Participation/Disposition and Development Agreement (the "OPAlDDA") with Hillwood will be prepared and presented at a future date for the Mayor and Common Council and Community Development Commission consideration. On a final important matter, the Agency has the opportunity to apply for a $2,000,000 grant from the Economic Development Administration (the "EDA Grant"). If successful in obtaining the EDA Grant along with contributions from Hillwood and potential tax increment funds from the Project Area, it could be used for the construction of the improvements to the University ParkwaylI-215 Freeway interchange to help mitigate traffic congestion in the Project Area. .._u_o.._n_._ ___________...__... _______u___aon___n._ ______u___.._____."._ u_____n_nnn. _u____________n__ ______u_n_nn P \Agenda;\Comm On CommlSsion\[,DC 2005\05-0~-15 HSB 1-215. L P & SF. 1.215. L P doc COMMISSION MEETING AGENDA Meeting Date: 08/15/2005 Agenda Item Number: Economic Development Agency Staff Report HSB 1-215, L.P. and 1-215, L.P. Agreement Page 3 ENVIRONMENTAL IMPACT: This Agreement is exempt from California Environmental Quality Aet (CEQA) FISCAL IMPACT: Per the Agreement, Hillwood will reimburse the Ageney for any and all "Project Study Costs" and expenses of third party consultants, hired by the Agency with Hillwood's approval, including preparation and completion of the EIR. The Agency will cover the costs for its own legal fees in connection with the Project Study. RECOMMENDATION: That the Community Development Commission adopt the attached Resolution. P \Agen(\as\Comm De.. Commls~;on\CDC 2005\05-08.15 HSB 1-215, L P & SF 1-215. l P doc COMMISSION MEETING AGENDA Meeting Date: 08/15/2005 Agenda Item Number: RESOLUTION NO. 2 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING AND AUTHORIZING THE EXECUTIVE DIRECTOR OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO ("AGENCY") TO (1) EXECUTE A REDEVELOPMENT PROJECT STUDY AND REDEVELOPMENT ASSISTANCE AGREEMENT BY AND BETWEEN THE AGENCY AND HSB 1-215, L.P., SE 1-215, L.P. (COLLECTIVELY REFERRED TO AS "HILLWOOD"); (2) EXECUTE AMENDMENT NO. 2 TO THE TERRA NOVA PLANNING AND RESEARCH, INC. AGREEMENT, AS SUBSEQUENTLY AMENDED; AND (3) AUTHORIZE THE EXECUTIVE DIRECTOR TO PREPARE AND SUBMIT A $2,000,000 GRANT APPLICATION TO THE ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) RELATED TO IMPROVEMENTS TO THE UNIVERSITY PARKWAY 1-215 FREEWAY INTERCHANGE (FORMER CULLIGAN SITE AND AGENCY PROPERTY - STATE COLLEGE REDEVELOPMENT PROJECT AREA) 3 4 5 6 7 8 9 10 WHEREAS, the Community Development Commission of the City of San Bernardino 11 (the "Commission") is the governing board of the Redevelopment Agency of the City of San 12 13 Bernardino (the "Agency"), a public body corporate and politic, organized and existing pursuant 14 to the Community Redevelopment Law (California Health and Safety Code Section 33000, et 15 ~.); and 16 WHEREAS, the Agency owns certain land identified as APN: 0148-011-39 and APN: 17 0266-073-08 (the "Agency Property") within the State College Redevelopment Project Area 18 (the "Project Area"); and 19 WHEREAS, HSB 1-215, L.P. and SE [-215, L.P. (collectively referred to herein as 20 "Hillwood") owns separate parcels identified as APN: 0266-073-02, 04, 05, 06, 09 and APN: 21 0148-011-40 (the "Project Site") which together comprise a future development site adjacent to 22 the Agency Property; and 23 WHEREAS, on May 17,2005, the Agency received a request from Hillwood desiring to 24 enlarge the Project Site by acquiring the Agency Property; and 25 -1- P:\Agendu\Ruolutions\Resolulions\1005\OS-OIl-15 HSB 1-215, L.P. & SE 1-215. L.r. RUD.doc WHEREAS, the Agency is prepared to consider and study the prOVISIon of certain 2 redevelopment assistance to Hillwood to facilitate the assembly of the Agency Property and the 3 Project Site into developable parcels ofland so as to foster the economic development goals and 4 objectives of both the City of San Bernardino (the "City") and the Agency as it relates to the 5 redevelopment plan for the Project Area and the Agency has designated for such study 6 purposes, the land bounded by the 1-2 1 5 Freeway to the east, University Parkway to the north, 7 8 Cajon Boulevard to the west and the Shandin Hills Golf Course to the south as the study area 9 (the "Study Area") for such study; and 10 WHEREAS, the Agency intends to initiate certain additional studies and proposals to 11 address a number of issues of community concern in the Study Area relating to elimination and 12 prevention of the spread of blight from the Study Area; and 13 WHEREAS, Hillwood is qualified to assist the Agency to undertake the study of 14 specific proposals and plans for a coordinated and economically sustainable redevelopment 15 project in the Study Area, which will require specific study, evaluation, and planning by the 16 City and Agency, as applicable, of appropriate and feasible community redevelopment program 17 alternatives; and 18 WHEREAS, the Agency will be the Lead Agency in the preparation of a Draft 19 Environmental Impact Report (the "DEIR") which DEIR will include the review of the 20 21 proposed Hillwood development; the proposed University Parkway and 1-2 1 5 Freeway 22 interchange; the proposed widening of University Parkway west of the 1-2 1 5 Freeway; and the 23 proposed grade separation of the Burlington Northern Santa Fe Rail line at State Street; and 24 WHEREAS, the Agency currently has Terra Nova Planning and Research, Inc. ('Terra 25 Nova") under contract for planning and environmental report review/preparation services and -2- r'lAgendu\ResoJulion.\Rnolution.\lOOSIOS-08-IS HSB I-lIS, Lr. & Sf I-liS, J..r. Run.doc desires to use Terra Nova to prepare the DEIR based on their knowledge and expertise (the 2 "Agreement"); and 3 WHEREAS, the monetary amount of the Terra Nova contract will need to be increased 4 to cover the cost of the DEIR and the term of the Agreement will need to be extended for two 5 (2) years ("Amendment No.2"); and 6 WHEREAS, the Agency has an opportunity to apply for a $2,000,000 Economic 7 8 Development. Administration Grant (the "EDA Grant") to be used as part of the funding 9 necessary for the proposed improvements to the University Parkway and 1-215 Freeway 10 interchange. II NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION OF THE 12 CITY OF SAN BERNARDINO DOES HEREBY RESOLVE, DETERMINE AND ORDER, AS 13 FOLLOWS: 14 Section 1. That the Community Development Commission hereby authorizes and 15 approves the Agreement by and between the Agency and Hillwood in the form as presented at 16 the meeting of the Commission at which Ihis Resolution is adopted and hereby authorizes the 17 Executive Director to execute the Agreement on behalf of the Agency together with such 18 technical and conforming changes as recommended by the Executive Director and approved by 19 the Agency Counsel. 20 Section 2. That the Community Development Commission hereby authorizes and 21 22 approves Amendment No. 2 to the Terra Nova Agreement increasing the monetary 23 compensation to a not to exceed limit of$173,000.00 and modifies the term of the Agreement in 24 the form as presented at the meeting of the Commission at which this Resolution is adopted and 25 hereby authorizes the Executive Director to execute Amendment No.2 on behalf of the Agency -3- P:\Aeendu\ResolutionsIResoJulions\l005\05-08-15I1SB 1-1l5, Lt. & Sf 1-115. LP. Ruo.doc together with such technical and conforming changes as recommended by the Executive 2 Director and approved by the Agency Counsel. 3 Section 3. That the Community Development Commission authorizes the Executive 4 Director to prepare and submit the necessary application and any documentation necessary to 5 apply for the $2,000,000 Economic Development Administration (EDA) Grant. 6 Section 4. 7 /II 8 9 /II 10 III 11 /II 12 III 13 /II 14 III 15 16 /II 17 /II 18 /II 19 III 20 /II 21 22 /II 23 /II 24 III 25 III The Resolution shall become effective immediately upon its adoption. -4- P:\AgmduIRnolution1\RnoJution1\lOOSI05-011-15 H5B 1-215, L.r. & St: 1-215, Lr. Rf10.doc 2 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING AND AUTHORIZING THE EXECUTIVE DIRECTOR OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO ("AGENCY") TO (I) EXECUTE A REDEVELOPMENT PROJECT STUDY AND REDEVELOPMENT ASSISTANCE AGREEMENT BY AND BETWEEN THE AGENCY AND HSB I-2l5, L.P., SE 1-215, L.P. (COLLECTIVELY REFERRED TO AS "HILLWOOD"); (2) EXECUTE AMENDMENT NO. 2 TO THE TERRA NOVA PLANNING AND RESEARCH, INC. AGREEMENT, AS SUBSEQUENTLY AMENDED; AND (3) AUTHORIZE THE EXECUTIVE DIRECTOR TO PREPARE AND SUBMIT A $2,000,000 GRANT APPLICATION TO THE ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) RELATED TO IMPROVEMENTS TO THE UNIVERSITY PARKWAY 1-215 FREEWAY INTERCHANGE (FORMER CULLIGAN SITE AND AGENCY PROPERTY - STATE COLLEGE REDEVELOPMENT PROJECT AREA) 3 4 5 6 7 8 9 I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the 10 Community Development Commission of the City of San Bernardino at a 11 meeting thereof, held on the day of , 2005, by the following vote to wit: 12 Commission Members: Abstain Ayes Nays Absent 13 ESTRADA LONGVILLE MCGINNIS DERRY KELLY JOHNSON MC CAMMACK 14 15 16 17 18 19 20 Secretary 21 The foregoing resolution is hereby approved this day of ,2005. 22 23 Judith Valles, Chairperson Community Development Commission of the City of San Bernardino 24 25 By: -5- r:\A~fndas\RfIOlulions\Rl'soJutions\20115\O~08.15 HSB 1-215, LoP, & SE 1-215, L.r. Re!o.dot REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AND HSB 1-215, L.P., AND SE 1-215, L.P. ("HILL WOOD") REDEVELOPMENT PROJECT STUDY AND REDEVELOPMENT ASSISTANCE AGREEMENT THIS REDEVELOPMENT PROJECT STUDY AND REDEVELOPMENT ASSISTANCE AGREEMENT (this "Agreement") is dated as of , 2005 (the "Agreement"), and is cntered into by and between HSB 1-215, L.P., SE 1-215, L.P. (collectively referred to herein as "Hill wood"), and the Redevelopment Agency of the City of San Bernardino, a body corporate and politic (the "Agency"), in light of the facts set forth in the following recital paragraphs: RECITALS A. The Agency owns certain land as generally depicted and identified on Exhibit "A" (the "Agency Property" as noted thereon) which is vacant land graded and improved currently for use as a flood control detention basin; and B. Hillwood (an affiliate of Hillwood/San Bernardino, LLC) owns separate parcels which together comprise a future development site in the City of San Bernardino (the "City") near the intersection of the 1-215 Freeway and University Boulevard, as generally depicted and identified on Exhibit "A" (the "Project Site"), which Project Site is located adjacent to the Agency Property; and C. Hillwood seeks to enlarge the Project Site by acquiring the Agency Property and reconfiguring the parcels to maximize the development potential and to increase the assessed valuation of the Project Site and the Agency Property; and D. The Agency is prepared to consider and study the proVIsIon of certain redevelopment assistance to Hillwood to facilitate the assembly of the Project Site with the Agency Property into developable parcels of land so as to foster the community economic development goals and objectives of the City and to consider the pledge of certain tax increment revenucs to assist in the financing of a portion of the costs of (i) the on-ramp improvements from the westbound University Boulevard to the southbound 1-215 Freeway, (ii) the costs of roadway widening on the eastbound University Boulevard west of the 1-215 Freeway, and (iii) adding additional on-ramp lanes to the southbound 1-215 Freeway at University Boulevard; it is anticipated that Hillwood may be required to remit a cash contribution to the above described freeway and roadway improvements to assist in the funding thereof; and E. The Agency Property and the Project Site, together with other properties in the vicinity of the Project Site and Agency Property as generally shown on the attached Exhibit "B", constitute an area that should be studied by the Agency as provided in this Agreement (the "Study Area"); and F. The Agency intends to initiate certain additional studies and proposals to address a number of issues of community concern in the Study Area relating to elimination and prevention of the spread of blight through more effective access to the University Boulevard and the 1-215 Freeway interchange especially during certain peak hours of travel to encourage the redevelopment of the Project Site and other properties within the Study Area; and 1 P IAgendas\Agenda Al1achments\Agnnts-Amend 2005\05-08-15 HSB [.215. L P & SE ].21 S. LP doc G. Hillwood is qualified to assist the Agency to undertake the study of specific proposals and plans for a coordinated and economically sustainable redevelopment project on the Agency Property and the Project Site, which will require specific study, evaluation and planning by the City and Agency, as applicable, of appropriate and feasible community redevelopment program alternatives; and H. A storm drain detention pond currently exists on the Agency Property (the "Existing Storm Drain Facility"), and in conjunction with Hillwood's development and operation of a project on the Project Site consisting of an industrial park with related commercial, industrial and office components currently planned to consist of approximately 2,000,000 square feet of new development (the "Project"), it will be necessary for a newly configured storm drain detention facility to be constructed partially on the Project Site and partially on the Agency Property, as an enlargement of the Existing Storm Drain Facility, to accommodate the storm drainage from the Project and the adjacent areas which are presently serviced by the Existing Strom Drain Facility (the "New Storm Drain Facility"); and 1. The Agency supports Hillwood's proposed redevelopment of the Project and desires to convey the Agency Property to Hillwood subject to the parties approving and executing a final agreement with respect thereto after adhering to all applicable provisions of State law for the sale or transfer of the Agency Property; and J. Hillwood has previously acquired the property sometimes commonly referred to as the "Culligan Site" which comprise the entirety of the Project Site and may at its sole discretion, but is under no obligation to do so, acquire additional portions of the Study Area on terms which are economically feasible for Hillwood, and which are also acceptable to all interested persons; and K. Hillwood and the Agency believe it is appropriate for the Agency, in consultation with Hillwood, to undertake certain redevelopment studies and to incur certain costs, in consultation with Hillwood, as part of a program for the study of feasible redevelopment programs for the Agency Property, subject to the terms and conditions as set forth below. NOW THEREFORE, IN CONSIDERA nON OF THE MUTUAL COVENANTS AND PROMISES SET FORTH HEREIN, HILLWOOD AND THE AGENCY HEREBY AGREE, AS FOLLOWS: 1. Hillwood Acknowledl?ments and Term of Al?reement. a. Hillwood hereby acknowledges and agrees that no provision of this Agreement shall be deemed to be an offer by the Agency or an acceptance by the Agency of any offer or proposal from Hillwood to convey any interest in the Agency Property or the Study Area to Hillwood. Any studies relating to the Study Area, the Agency Property or the Project Site, and the Project that may hereafter be undertaken by Hillwood, in its sole discretion shall be the sole responsibility of Hillwood and shall not be deemed to be undertaken for the benefit of the Agency and the City. b. The qualifications and identity of Hillwood and its principals are of particular concern to the Agency. The Agency relied on these qualifications and identity in entering into this Agreement with Hillwood. During the term of this Agreement, no voluntary or involuntary successor-in-interest of Hillwood shall acquire any right or power under this Agreement except pursuant to an assignment 2 P 'Agendas\Agenda Ana<;hmenh\Agmlls-Amend 2005\05-08-15 IISB 1.215, L P & SE 1-215, LP doc approved by the Agency Executive Director as provided below. Except as provided below, Hillwood shall not assign all or any part of this Agreement, or any rights hereunder, except to an affiliate entity (meaning an entity under common control with Hillwood) that is a successor owner of the Project Site, without the prior written approval of the Agency Executive Director, which the Agency Executive Director may grant or refuse in his or her sole and absolute discretion. c. Hillwood shall promptly notify the Agency in writing of any and all material changes in the identity of the business entities in control of Hillwood, as well as any transfer of more than 50% of the ownership interests in Hillwood. Upon the occurrence of any such significant or material change, whether voluntary or involuntary, in the ownership control of Hillwood that has not been approved in writing by thc Agency Executive Director, prior to the time of such change, the Agency may terminate this Agreement by serving written notice of such termination, referencing this Section, on Hillwood. However, Hillwood may convey the Project Site to a new entity to allow for an ownership position of an investment partner, with an affiliate of Hillwood being the general partner of such entity, and such a transfer is permitted, with such successor owner of the Project Site being considered as "Hillwood" under this Agreement. d. This Agreement shall automatically terminate, without further notice or action, and be of no further force or effect two years following the Effective Date, unless prior to that time: (1) the parties execute the Project OP A, as described below, which will include, without limitation, other relevant community redevelopment covenants acceptable to the Agency and such other tem1S and conditions mutually acceptable to the parties, in which case this Agreement shall terminate on the effective date of the Project OPA; or (2) Hillwood has exercised its right to extend the term of this Agreement for an additional ninety (90) days upon written notice to the Agency Executive Director delivered prior to any termination of this Agreement; provided, however, as a condition to such extension, Hillwood shall have completed the Project Study as required by Section 3.b. and the economic feasibility study as required by Section 3.g.; or (3) the parties each agree to extend the term of this Agreement in writing to a specific date, subject to the Agency first making a finding based upon written documentation and other facts presented to verify that satisfactory progress is being made to complete the activities to be performed by Hillwood set forth in Section 3; or (4) a party terminates this Agreement as provided under Section 19. 2. The Proiect. Subject to the terms and conditions of this Agreement, the Agency authorizes Hillwood to enter onto the Agency Property for the sole purpose of conducting inspections and testing (i.e., no other construction activities are permitted nor is any earth movement work permitted except in furtherance of site inspection and testing) as are reasonably required or necessary for determining the feasibility of the acquisition and redevelopment of the Agency Property for undertaking, in combination with the Project Site, the commercial development project as generally described in Recital H. hereto, and the potential acquisition of other portions of the Study Area as necessary to provide for adequate ingress and egress to the Project Site. The Project Site and the Agency Property are located within the State 3 P IAgcnda$IAgend3 AnachmenlsIAgrmls-'\mend 2005\05-08-15 HS81-215, L P & SE: 1.215, LP doc College Redevelopment Project Area of the Agency, and the Agency has entered into this Agreement on the prospects of the possible transfer of the Agency Property in furtherance of the Project which will enhance the remaining redevelopment efforts of the Agency within State College Redevelopment Project Area and the Study Area. 3. Ne!!otiation Period, Proiect Study and Proiect Study Costs. a. The rights and duties of the parties established by this Agreement shall commence following its approval by the governing body of the Agency when it has been fully executed by the parties within the period of time authorized in Section 17 (such date of final execution by both parties being referred to herein as the "Effective Date"). This Agreement will continue in effect until a date which is two years from the Effective Date unless such date shall have been first extended as authorized under Section I.d. Such time period during which this Agreement shall be in effect (including any extensions of time approved by the Agency and as other extensions of time are specifically authorized in this Agreement) is referred to as the "Negotiation Period". b. Within ninety (90) days following the Effective Date, Hillwood shall submit a site plan for the Agency Property to the Agency and the Agency and Hillwood shall initiate the preparation of a feasibility study for the redevelopment project proposed by Hillwood (the "Project Study"). The Agency may retain the services, but is under no obligation to do so, of a firm of community redevelopment planning and environmental consultants to assist in the preparation of the various investigations, surveys and reports appropriate in connection with the Project Study and the evaluation of the Project proposed by Hillwood. Such consultants shall be retained by the Agency but the contracts therefore shall be approved by Hillwood as a condition precedent for the assumption of the payment obligations by Hillwood for all such contracts. In the event the Agency does not retain such consultants or Hillwood should refuse to approve any consultants proposed to be retained by the Agency, then Hillwood shall have the responsibility to retain consultants mutually acceptable to Hillwood and the Agency at its sole cost and expense, if Hillwood desires for the purpose of this Agreement to be continued. Hillwood recognizes its obligations to reimburse the Agency and the City for all consultant costs incurred by either the City or the Agency in furtherance of their review of all documents, studies and reports prepared by or on behalf of Hill wood pursuant to this Agreement. The Agency and Hillwood shall use commercially reasonable efforts to cause the initial phase of the Project Study as evidenced by the completion of an "Initial Study" as this term is defined under the California Environmental Quality Act, as amended ("CEQA"), to be completed for the Project within ninety (90) days following the Effective Date at the sole cost of Hillwood. The Initial Study may be accepted and processed by either the Agency or the City as the "lead agency" as this term is defined in CEQA and such determination of the "lead agency" shall be made at a later date by the City. Thereafter, provided Hillwood has completed the studies described in Section 3g(l) and (2) in sufficient detail to be mutually acceptable to Hillwood and the Agency, and in the event the Initial Study discloses that the Project will have a significant effect on the environment that cannot be mitigated to a status that is less than significant, the Agency and Hillwood shall use commercially reasonable efforts to cause a draft environmental impact report for the Project to be circulated for public comment and review within sixty (60) days thereafter. Subject to the privilege of either party to suspend the Project Study prior to its completion as set forth in Section 19, each of the parties presently believes that the Project Study can be completed within one hundred eighty (180) days following the Effective Date. 4 P \Agendas\Agenda AnachmentsV\g'1l11s-Amend 2005\05-08-15 HSB 1-215. L P & SE ).215. LP doc c. Hillwood may modify the description of the Project at any time; provided, however, that substantial modifications of the Project shall: (I) be subject to the acceptance and approval of the Agency; (2) depending on the nature of such a modification, a suitable modification of the environmental and other elements of the Project Study as modified may also be indicated. The Agency may request that Hillwood consider modifications to the description of the Project from time-to-time. Each such modification shall be subject to the reasonable approval of Hill wood. d. The Agency shall during the course of the Project Study consider the specific terms and conditions of redevelopment assistance which Hillwood may propose to include in the Project OPA; provided, however, the Agency reserves the sole and absolute discretion to accept, reject or modify any such proposed term or condition to the Project OP A in its sole discretion. e. During the course of the Project Study, Hillwood shall pay for any and all "Project Study Costs" and expenses of third party consultants who are engaged by the Agency and/or Hillwood under written contract to undertake one or more elements of the Project Study, which the Agency at its sole discretion has elected to undertake with the prior written consent by Hillwood as to the payment of related consultant costs and expenses. Project Study Costs include third party costs incurred by Hillwood in connection with the preparation or submission of any information relating to the Project on which any element of the Project Study may be based, including civil engineering expenses, architectural fees, accounting fees and similar expenses. Each party shall bear its own legal fees and costs in conncction with the Project Study. f. All third-party consultants, if any, retained by the Agency at its sole cost and expense to prepare any study or document as part of the Project Study for the benefit of the Agency review and consideration of the Project OPA shall be subject to the sole control and direction of the Agency. The work product of any such person shall be the property of the Agency and the Agency shall have the right to use and republish such work product for any purpose. g. Subject to the terms and conditions of this Agreement, Hillwood and the Agency shall undertake an economic feasibility study of the Project as part of the Project Study consisting of the elements as set forth below: (I) Preparation by Hillwood in consultation with the Agency of a preliminary financial feasibility study/analysis for the development of the Project setting forth the plan for the phasing of Project development, if any, and an estimate of development costs, including, without limitation, the following: (i) projections of debt and equity required for the costs of the Project; (ii) projections of public (City, State and federal) financial assistance anticipated for the Project from grants, Agency tax increment revenues and bond proceeds, and of financial assistance from Hillwood; (iii) projections of overall Project value and property taxes; 5 PIAgelld.u;\Agenda Allachment~\Agrrm5-Amend2005\05-08-15 HSB 1-215. LP & SF 1-215, LP doc (iv) projections of the costs and benefits to the City and the Agency for all construction, maintenance and operations of all proposed public improvements; (v) projections of the costs of additional or increased levels of public services; and (vi) projections of any new public revenues anticipated to be generated by the Project, by phase, if applicable, and upon completion of the Project. An initial draft of a document including the study elements identified in subparagraphs (i) through (vi), inclusive, above shall be completed by Hillwood and submitted to the Agency within one hundred eighty (180) days following the Effective Date. Thereafter the parties shall refine the draft document as submitted by Hillwood in accordance with a schedule of refinement work for such studies to be mutually approved by the parties. (2) Prior to the time when the Initial Study is completed by the lead agency, Hillwood in consultation with the Agency, shall have prepared a proposed conceptual development plan for the Project, to include, without limiting: (i) proposed zoning and General Plan changes, if any, necessary to accommodate the Project; and (ii) proposed time schedule and cost estimates for the development of proposed public and private infrastructure upgrades, proposed publicly owned facilities, public improvements, public infrastructure and private development including railroad grade separation crossings on State Street, University Boulevard roadway widening and required 1-215 Freeway on-ramps and off-ramps as may be required; and (iii) proposed financing plan identifying the timing of receipt by Hillwood and the Agency, as applicable, of the financing sources for all private and public improvements proposed in the Project, by phase, if applicable. The conceptual development plan for the Project as described above may be revised from time-to-time in accordance with a schedule of preparation and revisions as may be mutually approved by the parties. h. Hillwood shall inform the Agency in writing whether based on the information set forth in Section 3.g., Hillwood believes that the Project is feasible prior to the time when the Agency shall cause a "Notice of Preparation" or a "Notice of Intention to Adopt a Negative Declaration" as these terms are defined in CEQA, as applicable, to be circulated to interested person or responsible agencies for the Project. Thereafter, Hillwood and the Agency may proceed to negotiate the final form of an owner participation agreement recognizing that Hillwood is the owner of land within the State College Redevelopment Project Area identified as the Project Site and in which the specific terms for the redevelopment of the Property may be set forth on terms mutually acceptable to the parties (the "Project OPA"). No final Project OPA shall be entered into unless and until the City or the Agency 6 P IAgendas\Agenda An.u;hmenls\Agrmls-Amend 2005\05-08-15 HSB J-2] 5, L P & SE J.215, LP doc completes the CEQA review of the Project as provided in Section 3.b., herein. No construction activities on the Agency Property may be commenced by or on behalf of Hillwood before the final Project OPA has been executed by all of the Parties, unless approved in writing by the Agency. 1. Hillwood shall submit each of the items of information described in this Section to the Agency Executive Director, within the time periods set forth above. Within twenty (20) calendar days after receipt of any such information, the Agency Executive Director shall determine whether such information is satisfactory. If the specific item of information is unsatisfactory to the Agency Executive Director, he or she shall notify Hillwood in writing of the reason or reasons that the information is unsatisfactory. If the Agency Executive Director does not make a determination regarding any item of information submitted by Hillwood under this Section 3, within twenty (20) calendar days after receipt of such infomlation, the information shall be deemed by the Agency to have been submitted in acceptable form by Hillwood. The determinations to be made by the Agency Executive Director under this Section in no way bind or constitute the approval of the Agency regarding, without limitation, plans, specifications, engineering, architecture, uses, tenants, sale prices, rental rates, the Project or the Project OP A. 4. Oblil!ations of Hillwood. During the Negotiation Period, Hillwood shall proceed diligently and in good faith to perform the following: a. Consider the redevelopment of the Project, including without limitation the selection of tenants and the design of improvement elements as appropriate for the Project; b. Review and provide the Project Study information described in Section 3 and provide comments on draft versions of any CEQA document prepared as part of the Project Study and the Project OP A and, if acceptable to Hillwood, submit an executed copy of the final form of the Project OPA to the Agency Executive Director on or before the end of the Negotiation Period (or such later date corresponding to an authorized extension of the Negotiation Period); and c. Consult with the Agency on a regular basis and keep the Agency advised on the progress of Hill wood in completing its obligations under this Agreement. 5. Al!ency Not to Nel!otiate with Others. a. The Agency, currently, deems the disposition and the redevelopment of the Agency Property for a feasible Project to be appropriate and Hillwood appears to be well qualified to undertake the task of planning the details for the acquisition and development of the Agency Property. b. During the Negotiation Period, the Agency shall not negotiate with any other person or entity regarding either the disposition of any of the Agency Property or the redevelopment of the Project. The term "negotiate", as used herein, shall be deemed to preclude the Agency from agreeing to any other offer or proposal from a third party to either acquire from the Agency any interest in the Agency Property or the Study Area (in whole or in part) or dcvelopment of the Project in the Study Area, and from discussing the specifics of other redevelopment proposals for the Study Area with third persons or entities; provided, however, any person may (i) submit and the Agency may consider any proposal for the disposition and/or redevelopment of lands adjacent to the Study Area and (ii) submit 7 P IAgcnda5\Agcnda Al1achmtntslAgrml,-Amend 2005\05-08 15 HSB 1.215, L P & SE 1-~I5, Lf' doc proposals to the Agency as a public agcncy with respect to the Agency Property provided that the Agency does not officially a6'Tee to such proposal by the official action of the Agency goveming board during the Negotiation Period. c. During the Negotiation Period, the Agency may at its sole discretion, elect to acquire any private property as the Agency may deem appropriate on such terms and conditions as the Agency may approve. Nothing herein shall be deemed to be a commitment or understanding by the Agency to Hillwood to acquire any such portion of the Study Area as may be offered for sale or which otherwise may become available for acquisition during the Negotiation Period and the Agency shall not be deemed to have appropriated or made available any funds therefore. d. Notwithstanding any other provision of this Agreement, during the Negotiation Period, the Agency shall not be precluded from fumishing, to persons or entities unrelated to Hillwood, information in the possession of the Agency relating to the redevelopment of any other land owned or controlled by the Agency in close proximity to the Agency Property. The Agency may also provide any other information in its possession that would customarily be fumished to persons requesting information from the Agency regarding the Agency Property and other Agency public information conceming its activities, goals and matters of a similar nature, or as required by law to be disclosed upon request. 6. Al!ency Cooperation. During the Negotiation Period the Agency shall: a. documents Agency. At the request of Hillwood, use its best efforts to assemble relating to the Agency Property and the Study Area that are in written materials and the possession of the b. Use its best efforts to provide appropriate comment to Hillwood with respect to one or more conceptual development plans, as may be proposed by Hillwood for the Project, and the redevelopment of the Study Area, including, but not limited to, conceptual plans or studies of vacation, realignment or abandonment of public property and facilities, the installation and improvement of public improvements and environmental evaluation of the Project. c. Use its best efforts to provide Hillwood with limited access to the Agency Property, and or Study Area as to any properties controlled by the Agency, if any, during the Negotiation Period, for the purpose of conducting customary due diligence investigations thereon, including environmental investigations of the subsurface or any structure thereon, subject to the terms and conditions of this Agreement. d. Use its best efforts to provide Hillwood with information or copies of studies performed or to be performed relative to the Study Area. 7. Nel!otiation of Proiect orA. Subject to the provisions of Section 3.h herein, it is the intent of the parties that Hillwood and the Agency will negotiate the tenns and conditions of a proposed Project OPA contemporaneously with the time that the studies and plans described above are being prepared and completed by Hillwood, provided that neither party has terminated this Agreement. Notwithstanding such 8 P V\gendas\Agenda AnachmenlslAgnms-Amend 2005\05-[)8-15 llSFlI-215. L P & Sf 1-215, LP doc commitment of the Agency to negotiate the terms and conditions of the proposed Project OPA, nothing contained herein commits the Agency staff to recommend approval of any final form of a Project OP A presented for consideration by the Commission nor shall the Commission be committed to approve any final form of a Project OP A by reason of the execution of this Agreement or by reason of any other actions of the Agency, the Agency staff or the Commission prior to the conducting of a noticed public hearing on the consideration of the Project OPA in the manner as required by law. 8. Consideration for this Al!reement and Reservation of Ril!hts. In consideration for the Agency enteI;ng into this Agreement, Hillwood will undertake its obligations under this Agreement and provide t)le Agency with copies of all studies and reports and other information required to be generated by HiI:wood or its consultants under this Agreement. The parties agree that, if this Agreement terminates ''or any reason, the Agency fails to extend the Negotiation Period, or the Project OPA is not finally approved by the Agency, for any reason, neither party shall be under any further obligation to the other regarding the disposition, acquisition, reuse, redevelopment or development of the Agency Property and Hillwood shall have no claim upon or right to place any lien or lis pendens upon the Agency Property under any circumstances and for any reasons whatsoever. 9. Planninl! and Desil!n; Related Acknowledl!ments of the Parties. Certain development standards and design controls for the Project may be established between Hillwood and the Agency in negotiation of or in the final form of the Project OP A, but it is understood by both parties that the Project and the redevelopment of the Agency Property must conform to City of San Bernardino developmcnt, design and architectural standards. Tbe Agency shall fully cooperate with Hillwood's professional consultants and contractors in providing information and assistance in connection with Hillwood's preparation of drawings, plans and specifications. Nothing in this Agreement shall be considered approval of any plans or specifications far ,he Project, itself, by either the Agency or the City. 10. Hillwood Financial Disclosures. Hillwood acknowledges that it may be requestcd to make certain confidential financial disclosures to the Agency, its staff or legal counsel, as part of the financial due diligence investigations of the Agency relating to the potential disposition of the Agency Property to Hillwcod. The parties recognize that such financial disclosures may contain sensitive information relating to other business transactions of Hillwood, that the disclosure of such information to third parties could impose commercially unreasonable and/or anti-competitive burdens on Hillwood and, correspondingly, diminish the value or fiscal benefit that may accrue to the Agency upon the disposition of tbe Agency Property to Hillwood, if terms for such disposition are mutually agrced upon. Accordingly, the Agency agrees to maintain the confidentiality of any of Hillwood's financial and/or proprietary information that is exempt from disclosure as a Public Record pursuant to Government Code Sections 6254.15 and 6255. Hillwood shall indemnify, defend (subject to the approval of Hillwood's legal counsel by the City Attorney), and hold harmless, including attorney's fees, the City of San Bernardino and the Agency from any action, lawsuit, or other proceeding initiated to obtain access to documents that may be determined to be exempt from disclosure pursuant to the applicable provisions of the Public Records Act. The costs, salary and expenses of the City Attorney and members of his office in representing the City and/or the Agency shall be considered as "attorney's fees" for the purposes of this paragraph. 9 P IAgendas\Agenda AnaChmems\Agrmls-Amend 2005\05-08-15 HSB 1-21), l. P & SF 1-215, LP.doc ] 1. Millwood Acquires No Interest in the A!!ency Property. Hillwood hereby acknowledges that it has not acquired and will not acquire, by virtue of the terms ofthis Agreement, any legal or equitable interest in the Agency Property. ] 2. Nondiscrimination. Hillwood shall not discriminate against nor segregate any person, or group of persons on account of race, color, creed, religion, sex, marital status, handicap, national origin or ancestry in undertaking its obligations under this Agreement. 13. Compliance with Law. Hillwood acknowledges that the Project OPA, if mutually agreeable terms are established, is likely to require Hillwood (among other things) to carry out the construction of certain improvements in conformity with all applicable laws, including all applicable planning and zoning laws, environmental planning and safety laws and federal and state labor and wage laws. 14. Required Approvals. No Project OP A between the parties shall have any force or effect nor shall the Agency be deemed to be a party to any agreement for the disposition of real or personal property to Hillwood, until the terms and conditions of the Project OP A are considered and approved by the goveming body of the Agency, following the conclusion ofa public hearing, as required by law. 15. Press Releases. Hillwood agrees to discuss any press releases it may propose relating to the Agency Property with the Agency Executive Director or his/her designee, prior to publication, to assure accuracy and consistency of the information. 16. Notice. All notices required hereunder shall be presented in person or by FAX and confirmed by First Class, certified or registered United States mail with retum receipt requested. Notice shall be deemed confirmed by United States mail effective the second business day after deposit with the United States Postal Service. Notice by personal service shall be deemed effective upon delivery. Either party may change their address for receipt of notice by notifying the other party in writing. TO HILLWOOD: Hillwood/San Bemardino, LLC Attn.: Steve Palmer 105 North Leland Norton Way, Suite 3 San Bemardino, Califomia 92408 (909) 382-0033 TO AGENCY: Redevelopment Agency of the City of San Bemardino Attn.: Executive Director 201 North "E" Street, Suite 301 San Bemardino, Califomia 92401 (909) 663-1044 10 P \Agendas\Agenda Anachmems'Agrmts-Amend 2005\05-08.15 HSB 1-215. L P & SE 1-215, LP <k" 17. Acceptance of A2reement by Hillwood. Hillwood shall acknowledge its acceptance of this Agreement by delivering three (3) counterpart executed copies of this Agreement prior to the date of consideration and approval of this Agreement by the Agency. In the event that the Agency has approved and executed this Agreement prior to the approval and execution by Hillwood, the delivery by Hillwood to the Agency of the executed counterpart copies of this Agreement duly executed by Hillwood shall be completed within ten (10) days following the approval of this Agreement by the governing board of the Agency or thereafter this Agreement shall have no further force and effect with respect to either party. As further set forth in Section 3.a. hereof, the Effective Date of this Agreement shall be deemed to have occurred upon final approval and execution of this Agreement by the parties within the time period set forth above. 18. Authority. Each signatory to this Agreement represents and warrants that he or she has the authority to execute this Agreement on behalf of the principal whom he or she purports to represent. 19. Optional Termination by Hillwood or bv A2ency. a. Provided Hillwood is not in default, Hillwood may in its sole and absolute discretion exercise an election to suspend the Project and this Agreement shall terminate and the parties shall be mutually released from any further obligations hereunder; provided that Hillwood gives a twenty-one (21) day written notice to the Agency. b. Provided that Hillwood is not then in default of any performance obligation as required by this Agreement, the Agency may not exercise an election to suspend the Project or to terminate this Agreement other than as provided in Section 21 hereof. 20. Indemnity Hillwood agrees, at its sole cost and expense, to indemnify, protect and hold harmless and defend (if requested by the Agency and with counsel reasonably acceptable to the Agency) the Agency from and against all claims, demands, damages, losses, liabilities, obligations, penalties, fines, actions, causes of action, judgments, suites, proceedings, costs, disbursements and expenses (including, without limitation, fees, disbursements and costs of attorneys, environmental consultants and experts), and of all foreseeable and unforeseeable actual (excluding consequential) damages of any kind or of any nature whatsoever (collectively, "Losses") that may, at any time, be imposed upon, incurred or suffered by, or asserted or awarded against the Agency, directly or indirectly relating to or arising from any of the following: a. The presence of any "Hazardous Materials" (as such term is defined in Exhibit "e" attached hereto) on, in, under or affecting all or any portion of the Agency Property, if such Hazardous Materials originated on or from the Project Site as the result of Hillwood's development activities either prior to or following the Effective Date of this Agreement and came on the Agency Property through storn1 water draining from the Project Site; 11 I' \Agcnda:;\Agenda AlIaCnmcnls\AgrrTlls-Amend 2005\05-08-15 HSB 1-215. L P & SE 1-215, LPdoc b. Any violation of law, rule, regulation, judgment, order, permit, license, requirement or the like, now or hereafter, relating to or governing Hillwood's activities on the Agency Property pursuant to this Agreement; c. The failure of any Hazardous Materials moved by Hillwood or its contractors from the Agency Property to be removed, transported and disposed of in compliance with all applicable Environmental Laws; d. The indemnity in this Section 20 expressly does not apply to any Losses: (i) arising from existing Hazardous Materials on the Agency Property as of the Effective Date of this Agreement (except as provided in 20.c. above regarding Hillwood's removal of any such materials), (ii) coming onto the Agency Property from sources other than the Project or the Project Site, or (iii) resulting from the acts or omissions of persons or entities other than Hillwood or its agents or contractors; e. The indemnity given by Hillwood in this Section 20 will survive termination of this Agreement; f. All obligations of Hillwood undcr the indemnity given in this Section 20 are payable on demand from the Agency, and any amount due and payable hereunder to the Agency by Hillwood that is not paid within thirty (30) calendar days after written demand therefore from the Agency, with an explanation of the amounts demanded, will bear interest from the dated of the demand until paid at the rate of eight percent (8%) per annum; and g. Hillwood shall pay to the Agency all costs and expenses (including, without limitation, reasonable attorneys' fees and costs) incuITed by the Agency in connection with the indemnity given in this Section 20 or the enforcement hereof. For the purposes of the preceding sentence, the phrase "reasonable attorneys' fees and costs" includes the salary, wages, benefits and overhead of the City Attorney of the City of San Bernardino. 21. Defaults and Breach - General. Failure or delay by either party to perform any material term or provision of this Agreement shall constitute a default under this Agreement; provided, however, that if the party who is otherwise claimed to be in default by the other party commences to cure, correct or remedy the alleged default within ten calendar days after receipt of written notice specifying such default and shall diligently complete such cure, correction or remedy, such party shall not be deemed to be in default hereunder. The party which may claim that a default has occurred shall give written notice of default to the party in default, specifying the alleged default. Delay in giving such notice shall not constitute a waiver of any default nor shall it change the time of default; provided, however, the injured party shall have no right to exercise any remedy for a default as set forth herein without delivering the written default notice as specified herein and until the expiration of the above-referenced cure rights. Any failure to delay by a party in asserting any of its rights and remedies as to any default shall not operate as a waiver of any default or of any rights or remedies associated with such a default. In the cvent that a default of either party is not cured within the above-referenced cure period, a "breach" shall be deemed to have occurred. In the event that a breach has occurred under this Section 2 I, the party who is not then in default may terminate this Agreement by serving the other party with a 12 P \Agendas\Agenda Attachments\Agnnls-Amend "005\05.0K-15 HSB 1-215, L P & SE 1.215, LPdoc written notice of termination, and thereafter the Agreement shall terminate ten (10) calendar days following the date of service of the notice of termination on the other party. In the event of a breach, the party who is not in default shall be entitled to seek any other appropriate remedy by initiating legal proceedings. The prevailing party in any such legal proceeding shall be entitled to recover its reasonable attorneys fees as an element of its damages, either as part of such legal proceedings or in a separate legal action to recover such attorneys fees. The costs, salary and expenses of the City Attorney and members of his office in enforcing this Agreement shall be considered as "attorney's fees". 22. Governing Law; Venue. The parties hereto acknowledge that this Agreement has been negotiated and executed in the City of San Bernardino, California. The parties hereto expressly agree that this Agreement shall be governed by, interpreted under, and cunstrued and enforced in accordance with the laws of the State of California. Further, the parties to this Agreement hereby agree that any legal actions arising from this Agreement shall be filed in California Superior Court, in the County of San Bernardino, San Bernardino District. 23. Partial Invalidity. If any ternl, provision or portion of this Agreement or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of this Agreement, or the application of such term or provision or portion thereof to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby, and each such term and provision of this Agreement shall be valid and enforced to the fullest extent permitted by law. 24. No Intent to Create Third Party Beneficiaries. The parties intend that the rights and obligations under this Agreement shall benefit and burden only the parties hereto, and do not intend to create any rights in, or right of action to or for the use or benefit of any third party, including any governmental agency, who is not one of the parties to this Agreement. 25. Waivers. No waiver of any breach of any covenant or provision herein contained shall be deemed a waiver of any preceding or succeeding breach thereof or of any other covenant or provision herein contained. No extension of the time for performance of any obligation or act to be performed herein shall not be deemed to be an extension of the time for performance of any other obligation or act to be performed under this Agreement. 26. Entire Agreement. This Agreement (including the Exhibits attached hereto) is the final expression of, and contains the entire agreement between, the parties with respect to the subject matter hereof and supersedes all prior understandings with respect thereto. This Agreement may not be modified, changed, supplemented or terminated, nor may any obligations hereunder be waived, except by written instrument signed by the party to be charged or by its agent duly authorized in wliting or as othe"" ise expressly pernlitted herein. This Agreement may be executed in one or more counterparts, each of 13 P \Agcnda~\Agc!lda Anachmcms\Agrnus-Amend 2005\05-08-15 HSB 1_215, L P & Sf; 1215. LP doc which shall be an original, and all of which together shall constitute a single instrument. 26. Time of Essence. Time is strictly of the essence with respect to each and every term, condition, obligation and provision hereof and that failure to timely perform any of the terms, conditions, obligations or provisions hereof by either party shall constitute a material breach of this Agreement by the party so failing to perfOlnl, subject to the notice and cure rights set forth in Section 21 above. 27. Construction. Headings at the beginning of each Section, paragraph and subparagraph are solely for the convenience of the parties and are not a part of this Agreement. Whenever required by the context of this Agreement, the singular shall include the plural and the masculine shall include the feminine and vice versa. This Agreement shall not be construed as if it had been prepared by one of the parties, but rather as if both parties had prepared the same. Unless otherwise indicated, all references to Sections are to this Agreement. The Exhibits referred to in this Agreement are attached hereto and incorporated herein by this reference. 28. Insurance. Hillwood further agrees to maintain in full force during the term of this Agreement, at Hillwood's own expense, a policy of commercial general liability insurance, which will insure Hillwood and the Agency against liability for injury to persons, damage to property, and death of any person occurring in or about the Agency Property. The Agency shall approve the policy as to form and coverage, such approval not to be unreasonably withheld or delayed. The insurance shall be not less than $1,000,000 combined single limit. Hillwood shall provide the Agency with a certificate thereof, including an endorsement that states that thc policy will not be cancelled except after not less than ten days' notice in writing to the Agency. [Signature Pages Follow] 14 P \Agendas\Agenda Al1achmenls\Agmns-Amend 2U05\05-08.15 HSlIl.215, l P & SE 1.215, l.P doc IN WITNESS WHEREOF, Hillwood and the Redevelopment Agency of the City of San Bemardino execute this Redevelopment Project Study and Redevelopment Assistance Agreement on the dates indicated next to each of the signatures of their authorized representatives as appear below. HILLWOOD HSB 1-2\5, L.P., a California limited partnership By: Hillwood Development Company, LLC, a Texas limited liability company, its authorized representative By: Date: Name: Title: AND SE 1-215, L.P., a California limited partnership By: Hillwood Development Company, LLC, a Texas limited liability company, its authorized representative By: Date: Name: Title: AGENCY Redevelopment Agency of the City of San Bernardino By: Gary Van Osdel, Executive Director Date: TO FORM: (}J~ 15 P IAgendaJ;\Agenda Al1achmen1~\AgrTms-Amend 2005\05-08-15 HSB 1-215, L P & SE ]-215. LPd(l(; IN WITNESS WHEREOF, Hillwood and the Redevelopment Agency of the City of San Bernardino execute this Redevelopment Project Study and Redevelopment Assistance Agreement on the dates indicated next to each of the signatures of their authorized representatives as appear below. HILLWOOD H5B 1-215, L.P., a California limited partnership By: Hillwood Development Company, LLC, a Texas limited liability company, its authorized representative By: Date: Name: Title: AND SE 1-215, L.P., a California limited partnership By: Hillwood Development Company, LLC, a Texas limited liability company, its authorized representative By: Date: Name: Title: AGENCY Redevelopment Agency of the City of San Bernardino By: Gary Van asdel, Executive Director Date: 15 P \Agenda5\Agenda Allachmenls\Agrmls-Amend 2005\05.08-] 5 HSB 1-21.\ L P & SE 1-215, lP doc IN WITNESS WHEREOF, Hillwood and the Redevelopment Agency of the City of San Bernardino execute this Redevelopment Project Study and Redevelopment Assistance Agreement on the dates indicated next to each of the signatures of their authorized representatives as appear below. HILL WOOD HSB 1-215, L.P., a California limited partnership By: Hillwood Development Company, LLC, a Texas limited liability company, its authorized representative By: Date: Name: Title: AND SE 1-215, L.P., a California limIted partnership By: Hillwood Development Company, LLC, a Texas limited liability company, its authorized representative By: Date: Name: Title: AGENCY Redevelopment Agency of the City of San Bernardino By: Gary Van Osdel, Executive Director Date: APPROVED AS Ji'O FO , Ii Agency Cou el 15 P \Agendas\Agenda Allachrnents\Agrmts-Amend 200S\05.08-15 HSB 1-215, L P & SE 1-215, LPdoc EXHIBIT "A" Agency Property and tbe Project Site 05~08-15 HSB 1-215, LP. & SE 1-215, LP,doc H H "' H :Xl X '" t. ~ '" W l':lII1lJi"(JOmIMNlOIHHS n'-'~' '"' i <Il P. 0 , '"' I "" '" i u , " I i <lJ ~ II DO <>: , L I , I I , ... I VJ~ 4: '" H H U) //. ;.// p iijii! i P ~ ~ i - i~! ~~ ~II!U ~ ~ ~ Ii I ~~ ~~ e y ~ ~ ~ c ~ g il . ~ ;:l; ~ ::l: ~ ::i 0- ~ '" EXHIBIT "8" Study Area 05-08-15 HSB ]-215, L.P. & SE 1-215, LP,doc ~ I l . . < l L '" ~ w '" H ~ H '" >< H '" :r1 ::0 ~I ~ H W U) \;; ~ I': I ;%. ...' /' I I I I I :J~ 1lI~~::'11i:l3 ~ ::0 ;e ij u~n: ; p II!o .",' _ 5; ji " ~ :E ~~ ~ ~ :r ~~ ~I !~~ ~ ! ! ~~ e S I :5 ~Ii "- ~~ ~ " ~ t= . . '" EXHIBIT "e" Definition of "Hazardous Materials" "Hazardous Materials" shall mean any hazardous or toxic materials, pollutants, effluents, contaminants, radioactive materials, flammable explosives, chemicals known to cause cancer or reproductive toxicity, emissions or wastes and any other chemical, material or substance, the handling, storage, release, transportation, or disposal of which is or becomes prohibited, limited or regulated, is or becomes known to pose a hazard to the health and safety of the occupants of the Property including, without limitation, (i) asbestos, (ii) petroleum and petroleum by-products, (iii) urea formaldehyde foam insulation, (iv) polychlorinated biphenyls, (v) all substances now or hereafter designated as "hazardous substances", "hazardous materials", or "toxic substances" pursuant to the Comprehensive Environmental Response, Compensation and Liability Act of 1980 ("CERCLA"), 42 U.S.C. Section 9601, et seq., as amended by the Superfund Amendments and Reauthorization Act of 1986 ("SARA"), the Federal Water Pollution Control Act, 33 U.S.c. Section 1251 et seq., the Clean Air Act, 42 U.S.c. Section 7401 et seq., the Hazardous Materials Transportation Act, 49 U.S.c. Section 1801 et seq., or the Resource, Conservation and Recovery Act, 42 U.S.c. Section 6901 et seq.; (vi) all substances now or hereafter designated as "hazardous wastes" in Section 25117 of the California Health and Safety Code; (vii) all substances now or hereafter designated by the Governor of the State of California pursuant to the Safe Drinking Water and Toxic Enforcement Act of 1986 as being known to cause cancer or reproductive toxicity, or (viii) all substances now or hereafter designated "hazardous substances", "hazardous material" or "toxic substances" under any other federal, state or local laws or in any regulations adopted and publications promulgated pursuant to said laws. 05...08-15 HSB J-2] 5, L.P_ & SF 1-215, LP_doc Amendment No.2 to the 2004 Professional Services Agreement (Terra Nova Planning and Research, Inc.) This Amendment No.2 (this "Amendment No.2") to that certain 2004 Professional Services Agreement, dated May 3, 2004 (the "Agreement"), is by and between the Redevelopment Agency of the City of San Bernardino, a public body, corporate and politic (the "Agency"), and Terra Nova Planning and Research, Inc. ("Terra Nova"), and is dated as of August 15, 2005, with reference to the following facts: RECIT ALS Whereas, the Agency and Terra Nova have previously entered into the Agreement as referenced above for a tenn of twelve (12) months from May 3, 2004, as further provided in Section 3 of the Agreement; and Whereas, Section 3 of the Agreement allows for the extension of the terms and conditions of the Agreement if both parties mutually agree to said extension prior to the lapse of the original twelve (12) month period; and Whereas, on May 3, 2005, the Agency and Terra Nova executed Amendment No. I to the Agreement thereby extending the terms and conditions of the Agreement for an additional twelve (12) month through and ineluding May 3, 2006, with no additional monetary compensation to be paid pursuant thereto; and Whereas, on August 15, 2005, the Agency entered into a Redevelopment Project Study and Redevelopment Assistance Agreement (the "Project Study Agreement") with HSBI-215, L.P., and SE 1-2l5L.P. (collectively referred to as "Hill wood") to study the development feasibility of certain land within the State College Redevelopment Project Area located south of University Boulev1rd and west of the 1-215 Freeway as currently owned by Hillwood together with adjacent parcels of land as owed by the Agency and used by the Agency as a flood control detention basin (the "Project Site"), and said study pursuant to the Project Study Agreement will require the preparation of an Environmental Impact Report ("EIR") for the Project Site; and Whereas, in order to address the feasibility of the development of the Project Site in an expedient marmer, the Agency desires to expand the services of Terra Nova to prepare the necessary EfR to facilitate development of the Project Site subject to Hillwood reimbursing the Agency for all expenses and fees of Terra Nova which are payable pursuant to this Amendment No. 2 in furtherance of such study; and Whereas, all other terms, provisions and conditions of the Agreement shall remain in full force and effect except to the extent specifically modified by this Amendment No.2. NOW THEREFORE, the Agency and Terra Nova agree as follows: P 'Agendas\Agenda AlIaChmenls\Agrmls_Amend 2005\G)-OH-15 TerTa ~oval-Amendmerll No 2 doc Section 1. Section 2. Section 3. Section 4. Recitals. The facts and statements contained in the Recitals hereto are true and accurate in all respects to the best knowledge of the parties as of the date hereof. Further Extension of Term of Al!reement. The parties intend by the approval and execution of this Amendment No.2 to extend the term of the Agreement for twelve (12) additional months from and after the current termination date to an extended termination date which shall be through and including May 3,2007. Compensation. The not to exceed compensation under Section 4 of the Agreement is hereby increased from $60,000 to $173,000 to accommodate the preparation of the EIR anticipated to be undertaken for the development of the Project Site. It is understood by and between the parties herein that this Amendment No. 2 and the commencement of the rights and duties of the parties is subject to the approval by the Community Development Commission of the Project Study Agreement dated August 15, 2005, by and between Hillwood and the Agency whereby Hillwood agrees to reimburse the Agency the sum of not to exceed $113,000 to carry out the tasks associated with this Amendment No.2, including the Scope of Services attached hereto as Attachment A to this Amendment No.2. Should this source of funding as contemplated pursuant to the Project Study Agreement not materialize or should payments required to be made thereunder by Hillwood not be forthcoming as required, then this Amendment No. 2 shall automatically terminate immediately upon notice from the Executive Director of the Agency to Terra Nova stating such and declaring this Amendment No.2 to be terminated. Effective Date. This Amendment No.2 shall take effect and be in full force and effect from and after (i) the date of approval hereof by the governing body of the Agency and the final execution and delivery of this Amendment No. 2 by both the Agency and Terra Nova, and (ii) the approval of the Project Study Agreement by the governing body of the Agency as further provided in Section 3 above. P \Agendas"'Agenda Al1achmenls\Agnnls.Amend 2005\05-08-15 Terra Noval-Amendmelll "Jo 2 doc 2 IN WITNESS WHEREOF, the parties have executed this Amendment No.2 as of the date first above written. REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO Date: By: Gary Van Osdel, Executive Director Approved as to Legal Form and Content: ~JI~ Agency C nsel TERRA NOVA PLANNING AND RESEARCH, INC. Date: By: Nicole Sauviat Criste, Consulting Planner 3 P 'Agendas'Agenda AlIachmenls'.Agrmts-Amend 2005\05-08-15 Terra No,at-Amendrnenl No 2 doc IN WITNESS WHEREOF, the parties have executed this Amendment No.2 as of the date first above written. REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO Date: By: Gary Van asdel, Executive Director Approved as to Legal Form and Content: Ag12~i/()J)f;;J TERRA NOVA PLANNING AND RESEARCH, INe. Date: By: Nicole Sauviat Criste, Consulting Planner 3 P\Ag~nda5\Agend.l Al1acnmerm\Agrmls_Amend 2005\05.08_15 Ten'a NClv~l-Amendmenl No 2 doc IN WITNESS WHEREOF, the parties have executed this Amendment No.2 as of the date first above written. REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO Date: By: Gary Van Osdel, Executive Director Approved as to Legal Form and Content: Q TERRA NOVA PLANNING AND RESEARCH, INe. Date: By: Nicole Sauviat Criste, Consulting Planner 3 P 'lAgendaslAgcnda Alla<;hments\Agrmt~-Amend 2005\05.08_15 Terra Nova I-Amendmen( No 2 doc A TT ACHMENT "A" Scope of Services The Consultant shall perform Study Area review services including, but not limited to the following: . Conduct field surveys, data collection and analysis; . Preparation and transmittal of an Initial Study, Notice of Preparation and Notice of Determination for the Study Area; . Prepare Statement of Overriding Considerations; . Conduct public scoping meeting for the Environmental Impact Report ("EIR"); . Meet with Agency, Planning staff and other City departments as needed; . Attend Development/Environmental Review Committee, Community Development Commission and/or Mayor and Common Council meetings as needed; . Preparation and circulation of Draft EIR for review and comment; . Preparation and transmittal of Final EIR to include response to comments; . Analysis of Study Area related environmental studies and reports; . Ensure that the preparation of all Study Area environmental studies and reports are pursuant to the California Environmental Quality Act and City polices and procedures; . Develop three (3) land use alternatives for the Study Area; . Other similar duties in connection with the EIR as assigned by the Executive Director or designee. 4 P IAgendas\Agenda Allachmenls\Agrmts-Amend 2005'.05-08-15 Terra )\'o\'al-Amendrnenl No 2 doc ** FOR OFFICE USE ONLY - NOT A PUBLIC DOCUMENT ** RESOLUTION AGENDA ITEM TRACKING FORM tft~/ D ( Meeting Date (Date Adopted):,:::J Item # Vote: Ayes Nays Change to motion to amend original documents 0 ~1?/ Resolution # ~/D~j ;)tDOS-- ~g Abstain Absent Companion Resolutions NulINoid After: days / Resolution # On Attachments: 0 Note on Resolution of attachment stored separately: 0 PUBLISH 0 POST 0 RECORD W/COUNTY 0 By: Date Sent to Mayor: t! 1; (9 ~. Date of Mayor's Signature: g,'l ~r ?~\ ,/' . g/ I > oc Date of Clerk/CDC SIgnature:, ') Reso. Log Updated: I;i' Seal Impressed: .0/ Reso. # on Staff Report E1 Date Memo/Letter Sent for Signature: 1 sl Reminder Letter Sent: Date Returned: 2nd Reminder Letter Sent: Not Returned: 0 Request for Council Action & Staff Report Attached: Updated Prior Resolutions (Other Than Below): Updated CITY Personnel Folders (6413, 6429, 6433, 10584, 10585, 12634): Updated CDC Personnel Folders (5557): Updated Traffic Folders (3985, 8234, 655, 92-389): yet/ By_ By_ By_ No~ By_ No ~y_ Yes Yes Yes Yes No No / No/ Copies Distributed to: 6 Animal Control 0 EDA Information Services 0 City Administrator 0 Facilities 0 Parks & Recreation 0 City Attorney 0 Finance 0 Police Department D Code Compliance D Fire Department 0 Public Services D Development Services 0 Human Resources 0 Water Department D Others: Notes: (/)t;; 0-[-- Ready to File:/''' Date: Revised 12/18/03