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HomeMy WebLinkAboutR04-RDA Item '0 o o - o o . Redevelopment Aaeney. city or $an Bernardino ~HonIa"D"SlNir, FalnaPlaor. ..--..., Nw-lo 92411 (714) Jl4.MI FAX (714) 111-9413 OCTOBER 11 ,1990 CHUCK KING AND ASSOCIATES PrIde~ e- SynoDSls of PrevIous CommIssIon/CouncIl/CommIttee ActIon: 6/29/78 ResolutIon No. 3674 adopted to condemn ~roperty. 5/7/79 MotIon to negotIate a dIrect sale between San BernardIno IndustrIal Park, Inc., and Chuck KIng & AssocIates, and.to dIsmIss a prevIously fIled condemnatIon actIon. 8/18/80 ResolutIon No. 4097 authorl~ed an amendment to the DIsposItIon &.Jolnt Development Agreement between the Agency and KIng IndustrIal Park. contInued on page 2 'Recommended Mot~on: t ~. '. <COMMUNITY DEVELOPMENT COMMISSION) That the CommIssIon approve executIon of the attached CertIfIcate of ComplIance. for Chuck KIng & AssocIates DBA KIng IndustrIal Park, a CalIfornIa. LImIted PartnershIp, and San BernardIno IndustrIal Park, Inc., a CalIfornIa CorporatIon: Respectfully SubmItted, SupportIng data attached: YES Hard: 1 Project: SEIP FUNDING. REQUIREMENTS: NONE CommIssIon Notes: Agenda of: 10/18/90 Item No. f KJH:ND:kak:3299H O' . o o o o SynODsls of Previous Commission/council/Committee Action: 7/16/86 Motion to authorize City Attorney to take legal steps to. enforce provisions of the Disposition and Joint Development Agreement referred back to Committee. 7/5/88 Motion to authorize City Attorney to send a demand letter to Chuck King and Associates per the provisions of the Disposition and Joint . Development Agreement dated September II, 1979. . 11/21/88 Motion to authorfze the City Attorney to proceed with a lawsuit against Chuck King & Associates. t . , , '. KJH:ND:kak:3299H o o o o o S T A F F R E P 0 R T SUMMARY In 1979, the Agency entered Into an agreement with King Industrial Park/San Bernardino Industrial Park, Inc., which went Into default In 1981. Through litigation, the Agency has been successful In collecting $20,000. Upon . receipt of the remaining $8,000 owed to. the Agency, Certificates of Completion may be Issued for those affected parcels (see attached map). BACKGROUND Per the terms of the Agreement, the developer was to construct an Industrial park containing four buildings equallng.145,OOO s.f. In the event the four parcels were not built out on schedule, the developer agreed to pay the Agency $2,000 per lot per year. Said fees were never paid. In 1988, the Commission authorized the City Attorney to proceed with litigation In order to recover all past due In lieu fees. In determining the amount owed the Agency, several factors were taken Into consideration: two of the four lots were built out In 1986 and 1990, reipectlvely, and due to the statute of limitations, the Agency could only go back five years to collect In lieu payments. It was determined the following monies were owed by Chuck King and Associates: Parcels 281-041-44,45,47 Owner . Amount P.E. O'Halr $20,000 (1986 - 1990 x .4,000) King Industrial Park 8,000 (1986 - 1989 x $2,000) 281-041-48 P.E. O'Halr has remitted payment, thereby bringing their In-lieu fees current. King Industrial Park Is In the process of remitting payment, and upon receipt of same, a Partial Certificate of Completion will be'lssued . verifying that two of the four parcels have been built out. RECOMMENDATION Staff recommends adoption of the form motion which would authorize the Executive Director to execute the attached Partial Certificate of Completion. KJH:ND:kak:3299H -0 o o PARTIAL CERTIFICATE OF COMPLETION FOR THE DISPOSITION AND JOINT DEVELOPMENT AGREEMENT BY AND BETWEEN SAN BERNARDINO INDUSTRIAL PARK, INC, A CALIFORNIA CQRPORATION ~ KING INDUSTRIAL PARK, A CALIFORNIA LIMITED PARTNERSHIP ", ~ AND o THE REDEVELOPMENT AGENCY OF THE, CITY OF SAN BERNARDINO Dated day of , 1990. o . #.- o o o o o PARTIAL CERTIFICATE OF COMPLETION FOR DISPOSITION AND DEVE~OPMENT AGREEMENT WHEREAS, SAN BERNARDINO INDUSTRIAL PARK, INC. a CalIfornIa corporatIon and-KING INDUSTRIAL PARK, a CalIfornIa lImIted partnershIp heretnafter _referred to as -Redeveloperu, ~ave entered Into a DIsposItIon and JoInt Development Agreement -wtth the REDEVELOPMENT A~ENCY OF THE CITY OF SAN BERNARDINO, CALIFORNIA, hereInafter called the "AgencyU; and WHEREAS, saId DIsposItIon and Development Agreement, dated the 11th day of September, 1979, was recorded on September 26, 1979 at Book 9779, page - 73 In the OffIcIal Records of the County Recorder of the County of San BernardIno, State of CalIfornIa; and WHEREAS, In SectIon 3 (b) of saId DIsposItIon and Development Agreement the Redeveloper and the Ag,ncy agreed that upon the completIon of the Improvements, namely, certaIn Improvements -requIred In ExhIbIt .Cu of the -Agreement In a manner satISfactory to the Agency, the Agency would cause to be prepared and recorded a CertIfIcate of CompletIon . NOW THEREFORE, BE IT RESOLVED _by t~e Redevelopment Agency of the CIty of San BernardIno, Caltfornla, that the Agency does hereby determIne, conclusIvely certIfIes, and gIves notIce that wIth respect to that certaIn portIon of the real property hereInafter descrIbed subject to the Dlspnsltlon and Development Agreement, the Redeveloper has fully satIsfIed.. termInated and completed, for Itself, tts successors and asstgns, all covenants and agreements wIth respect to the oblIgatIons of Redeveloper for the buIldIng upon and Improvements to saId land; carrIed out In conformIty wIth the fIre, health and buIldIng code requIrements of the CIty of San BernardIno, and the provlstons of the Redevelopment Plan for the Southeast IndustrIal Park _Project Area, and the DeclaratIon of RestrIctIon, and the dates for begInnIng _ and completIon thereof, provtded for In saId Agreement, upon the hereInafter descrIbed real property; Parcell of Parcel Map 5481, In the City of San Bernardino, County of San Bernardino, State of CalifornIa, as per map recorded In Book 58, of Parcel Maps, pages 93 and 94 of Official Records, In the offIce of the COunty Recorder of saId COunty. CAPN No. 281-041-43) and Parcel 4 of Parcel Map 5481, In the City of San Bernardino, -County of San Bernardino, State of California, as per plat recorded In Book 58 of Parcel Maps, pages 93 and 94, of -Official Records, In the office of the County Recorder of said ~unty. CAPN No. 281-041-39) - . ~ , KJH:ND:kak:3299H -~ o o o o o ThIs certIficate relates solely to. the property described her.in. IN WITNESS WHEREOF, the Agency ha~ caused this certifIcate to be duly executed on its behalf thIs day of . , 1990. REOEVELaPMENT AGENCY OF THE CITY OF SAN BERNARDINO f ~. ~, Approved as to Legal Form and ~. . ~..J Agency Cou KJH:ND:kak:3299H . ,~ ~.~tl'~ ' \~' ~ \<1.1, ~. f~~ . ....:~.? @ ~ .~ ~ ......co ,n.v.c.' ftl ~. . . . . .'1\:1 ~u ~~ .'. -, .' lZ22a: p.~"o~~ ~~~.~c.d:b. .' .'~~.'".' . I . . ~ .. ~''T , <' '1' . :-: ~:..:::{ ';'~: >,. '1' ....~:. ,~/ . . . ." _" J, . ~ ..' :,." . ... I ~ ! Q.' ".' -t .' ," f ':G.. : . 0", '. ':'. l';~ .... +., . ... .. .. - _....7~..LL .,... ..... @ .~. . 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