HomeMy WebLinkAboutR36-Economic Development Services
.
...
.{
ECONOMIC DEVELOPMENT AGENCY
OF THE CITY OF SAN BERNARDINO
FROM:
Ga1y Van Osdel SUBJECT:
Executive Director 0 R 1 G 1 N A L
July 14, 2004
TRANSFER TITLE OF PROPERTY
OWNED BY THE REDEVELOPMENT
AGENCY LOCATED AT 247 WEST
THIRD STREET, APN 1986-01-03, TO
THE CITY OF SAN BERNARDINO
DATE:
Svnoom of Previous CommiuioolCoonciVCommittee Actioo(s):
On July 6, 2004, the Redevelopment Committee voted to recommend that the Communily Development Commission
consider M>ning the property located at 247 West Third Street to the City.
R-mended Motioo(l):
(Commuoitv Develoomeot Commiuioo)
MOTION A
THAT THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN
BERNARDINO AUTIfORIZE THE REDEVELOPMENT AGENCY OF THE CITY OF SAN
BERNARDINO TO TRANSFER TITLE TO THE PROPERTY LOCATED AT 247 WEST 1HIRD
STREET (APN 19l16-{)1-O3) TO THE CITY OF SAN BERNARDINO, AND DIRECT THE
EXECUTIVE DIRECTOR TO TAKE ANY AND ALL ACTIONS AS MAY BE NECESSARY TO
EFFECT SUCH 1RANSFER
THAT THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO
AUTIfORIZE THE ACCEPTANCE OF TITLE TO THE PROPERTY LOCATED AT 247 WEST
1HIRD STREET (APN 19l16-{)1"()3) FROM THE REDEVELOPMENT AGENCY OF THE CITY OF
SAN BERNARDINO, AND AUTIfORIZE THE MAYOR TO TAKE ANY AND ALL ACTIONS AS
MAY BE NECESSARY TO EFFECT SUCH ACCEPTANCE
MOTION B
Contact Person(s):
Gaty Van Osdel
Phone:
(909) 663-1044
Project Area(s) Ceotral Cily East WanI(s): 1ST
Supporting Data Attached: Ii1 Staff Report 0 Resolution(s) 0 Agreement(s)/Contract(s) 0 Map(s) 0 Letters
FUNDING REQUIREMENTS Amount: S ..()- Source: N/A
N/A
SIGNATURE:
r
CODIIIIissioolCouoeiI Notes:
P:\AgIc:hdIs'Coaln De\" CoumiIIion\CDC 2004\04-01-19 247 W 1bild St CDC SR.doo
COMMISSION MEETING AGENDA
Meeting Date: 07119/2004
Agenda Item Number: 1.1~(P
"-.
'.
ECONOMIC DEVELOPMENT AGENCY
STAFF REPORT
Transfer Tide of Prouertv Owned bv the Redevelooment Allencv
Loeated at 247 West Third Street. APN 1986-01-03.
to the City of San Bernardino
BACKGROUND:
On January 4, 1996 the Agency and the State of California entered into a Construction Project
Management Agreement for development of the Caltrans office building and parking structure on
property owned by the Agency in downtown San Bernardino (the "Super Block"). Pursuant to the
Agreement the State was not required to pay for the property at time of construction, but instead was
obligated to pay the Agency a total of $6,516,856 for the property at some undetermined later date.
On or about May 3, 2000, the Agency entered into an Agreement for Purchase and Sale with Caltrans
whereby the Agency agreed to buy the Caltrans property at 247 West Third Street for $2,700,000 and,
in lieu of making payment, credit Caltrans a like amount toward the outstanding purchase price
balance on the Super Block properties.
On December 3, 2001, the City Council adopted Resolution 2001-367 urging the County Board of
Supervisors to commence the process for constructing a new multiplex courthouse and, in so doing,
indicated its intent to have the Agency acquire the property at 247 West Third Street and to donate
the property to the County for courthouse purposes.
On July 9, 2003, Caltrans transferred title to the property at 247 West Third Street to the Agency.
Subsequent to said transfer, Agency staff engaged County staff in discussions relative to the
conditions pursuant to which the Agency would be willing to transfer title to 247 West Third Street to
the County.
CURRENT ISSUE:
Recently the Common Council directed the City Attorney to negotiate a lease agreement with the
County relative to the interim use of247 West Third Street for parking to accommodate the parking
requirements for the building at 303 West Third Street. In light of this action, and the fact that it is
vital for the City to control this property, it would be prudent for the Agency to deed the property to
the City at this time. In considering this proposed action, the Redevelopment Committee
recommended that the deed transferring title to the City contain a reverter clause speci1ying that in
the event the City does not deed the property to the State for court house development by a date
certain, ownership of the property would revert back to the Agency.
ENVIRONMENTAL IMPACf:
None.
P:\Ap:ndII\Conm IllNCormIiIeiooICDC 2004\04-01-19 247WTbinI StCDC SR.doc
COMMISSION MEETING AGENDA
Meeting Date: 07/19/2004
Agenda Item Number: t3&
~
'.
Economic Development Agency Staff Report
Transfer Title of Property Located at 247 West Third Street
Page 2
FISCAL IMPACT:
Deeding the property to the City will require that the Agency write-off a $2.7 million asset.
RECOMMENDATION:
That the Community Development Commission and Common Council adopt the Form Motions.
P:\Ap:ndIB\Cotmt Dev CoIrmiIIion\CDC 2004\0+07-19 247 W Tbild st CDC SR.doc
COMMISSION MEETING AGENDA
Meeting Date: 07/19/2004
Agenda Item Number: a
.
R36
Motion # 1 :
That the Community Development Commission of the City of San Bernardino authorize
the chairperson of the Redevelopment Agency of the City of San Bernardino ("Agency") to
execute a deed to transfer the property located at 247 West Third Street (APN 1986-01-03) to the
City of San Bernardino, and to direct said chairperson to perform all duties necessary to effect
such transfer.
Entered into Record 8t ..}-'n.~~~
Council/CmvDevCms Mtg: ., '1111} L{
by ~ ?~
re Agenda Ite lh '-
~/J.~
City Clerk/CDC Sec,
Cit, of San Bernardino