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HomeMy WebLinkAbout06-RDA Item AGENDA ITEM INFORMATION SUMMARY GENERAL INFORMATION: Subjec\ (~lUr\"~(I.Q hlC'\rg"~~~' Committee CommissionlCouncil Filing Dates ::1, Ii (J I ~J~ . 3/1'-/ , 5!,q . Author_~:'N.'J 1P~,')~, Ex!. 3~32 Ward I Project Area SE I P Budget Authority N I A Meeting Dates Funding Requirements~fh\.~ I RDA MANAGEMENT REVIEW: CLEARANCES: Dale Date 2/::2 h 0 Yes NlA 0 Kl Accounting ~~ 0 rn~ ~ ;J~;J/"'9~ o /1 AllDmey 0 IKI city Administrator Date RDA Committee recommendation Executi~~~vl Administrative Deputy ~ ManagerlSupervisor CITY DEPARTMENTAL REVIEW: Dept By Dept By INFORMATIONAL DATA FORWARDED TO CITY DEPARTMENTS/COUNCIL OFFICES: Sent to By Date Mayor's Office Council Ward Council Ward Council Ward Council Ward Department Department COMMENTS/CONCERNS: Include pertinent comments and concerns of offices and persons clearing the summary, such as controversial Issues, time constraints and funding complications. Indicate dates when action must be taken. ~ RDA -174 REV. 6-29-89 Redevelopment Agency · City or San Bernardino 300 Nonh "0" SIleeI, Fourth Floor . San BInIIrdino. CIlifamia 92418 (714) 384-SOS1 fAX (714) 888-9413 e. IaPP; ~ ..;;- March 12, 1990 ARROWHEAD MAGAZINE Synopsis of Previous Commission/Council/Committee Action: 05-14-84 Resolution 4612 approved an OPA with Arrowhead Magazine Co. 01-21-85 Resolution 4705 approved First Amendment to the OPA. 03-12-90 The Committee recommended that the item be forwarded to the CDC for adoption. Recommended Motion: (COMMUNITY DEVELOPMENT COMMISSION) That the Commission approve execution of the attached Certificate of Compliance for Arrowhead Magazine Co. Respectfully Submitted. L ng Executive Director Supporting data attached: Yes Ward: FUNDING REQUIREMENTS: None Project: SEIP Commission Notes: 3547K Agenda of: March 19, 1990 Item No. Redevelopment Agency S T A F F R E P 0 R T BACKGROUND In 1984, the Agency entered lnto an agreement wlth Arrowhead Magazlne Co., whereby Arrowhead would develop a 50,000 square foot dlstrlbutlon center wlth a value not less than $1,425,000. Staff has revlewed the terms of the Agreement and verlfled that Arrowhead constructed a 50,000 square foot concrete tllt-up bul1dlng wlth a value ln excess of $1.7MM, thereby satlsfylng the terms of the Agreement. Pursuant to Paragraph 9 of the Agreement: "Upon comp1etlon by the Partlclpatlng Owner. . . Agency wl11 cause to be prepared and recorded a Certlflcate of Comp11ance . . . ." Staff, therefore, requests that the Actlng Executlve Dlrector be authorlzed to execute the attached Certlflcate of Compllance. RECOMMENDA nON On March 12, 1990, the Redevelopment Commlttee recommended that thls agenda ltem be forwarded to the Communlty Development Commlsslon for adoptlon. RJT:ND:jmh:3547K 2 CERTIFICATE OF COMPLIANCE FOR PROPERTY OWNER'S PARTICIPATION AGREEMENT WHEREAS, ARROWHEAD MAGAZINE CO., INC., hereinafter referred to as the "Owner Participant", has entered into a Property Owner's Agreement with the REDEVELOPMENT AGENCY OF THE CI TY OF SAN BERNARDINO, CALIFORNIA, hereinafter called the "Agency"; and WHEREAS, said Property Owner's Participation Agreement, dated the 18th, day of May, 1984, was recordep on June 27, 1984, in Book 84 on Page 151084, in the Official Records of the County Recorder of the County of San Bernardino, State of California; and WHEREAS, in Section 9 of said Property Owner's Participation Agreement the Owner Participant and the Agency agreed that upon the completion by the Owner Participant of the improvements, namely a 50,000 square foot concrete tilt-up warehouse and distribution center with a total land and building value of no less than $1,425,000, in a manner satisfactory to the Agency and subsequent to the issuance of a Certificate of Occupancy by the City of San Bernardino, the Agency would cause to be prepared and recorded a Certificate of Compliance. NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of San Bernardino, California, that the Agency does hereby determine, conclusively certifies, and gives notice that the Owner Participant has fully satisfied, terminated and completed, for itself, its successors and assigns, all covenants and agreements with respect to the Obligations of Owner DAB/ses February 19, 1990 Participant for the building upon and improvements to said land, carried out in conformity with the fire, health, and building code requirements for the City of San Bernardino, and the provisions of the Redevelopment Plan for the Southeast Industrial Park Project Area, and the Declaration of Restrictions, and in accordance with the final plans and specifications approved by the Agency, and the date for the beginning and completion thereof, provided for in said Agreement, upon the hereinafter described real property: IN WITNESS WHEREOF, the Agency has caused this certificate to be duly executed on its behalf and its seal to be hereunto affixed and attested on this day of , 1990. (SEAL) REDEVELOPMENT OF THE CITY OF SAN BERNARDINO, CALIFORNIA EXECUTIVE DIRECTOR APPROVED AS TO LEGAL FORM AND ADEQUACY ~J ,/ ncy Co sel DAB/ses February 19, 1990 ... .., ~~~\ !--~. ..l. .!: ~ t.: ~ "' ('\ b ~ 01 "" I , I I I I I I I I I ., . , , ( ) 0, r (~ 0; ~ PIONEER , ~ , .,.4 'Of 9 -- -- - - -- ------..-. 'R.I\ r.:J 1 1 ?80' 22) I I I -1, ~ .' "oR RJ Il; 72'i" If -,<tf, AC .,' (flJ 25 ','l PO' Par 7 '1?; 7,'?"4AC fr,i')7A(') ~ I .______., Por. lol ___-~.-:--l-..:-- (14) f 13. ./ _/ -- 4' J-,~AC)l1t ---- ",,'r.~/~---~ ______ ,r, ~_ / ...p 408 . ,.,.,- c / ....p..... ..- /'.,----- - - / .;t TO'Y / p. "1oAlI:! <"- ~~p. - IS~N So' ~R ARDIIJO AVE / f. 70 4C / 40. 36. / . , , I; / , Por. 2 \ , ,. (::3 , 'H 1.59 Ae. I 9; 4C -<> .~ ~<9 -~ P 3 :.9 P 4 or. ~~ ;. 9' 0,-, 4;, ." i 48 2.64.4r 3.40 AC. ~ ~ ~ \J o :" .15 1" Z.J!" ~GOOL-ET - - .. ~. "~ I l1-'or I -I- I 1; ,@~ " I "' I ... 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