HomeMy WebLinkAboutR23-Economic Development Agency
r ,
ECONOMIC DEVELOPMENT AGENCY
OF THE CITY OF SAN BERNARDINO
DATE:
October 27, 2003 0 R \ G \ N A L
TRANSFER TITLE OF PROPERTY OWNED
BY THE REDEVELOPMENT AGENCY
LOCATED AT 247 WEST THIRD STREET,
APN 1986-01-03, TO THE COUNTY OF SAN
BERNARDINO TO ACCOMMODATE
FUTURE COURTHOUSE EXPANSION
FROM:
Gary Van Osdel SUBJECT:
Executive Director
Svnopsis of Previous Commission/Council/Committee Action(s):
On October 9, 2003, Redevelopment Committee Members Suarez and Estrada voted to recommend that the Community
Development Commission consider this action for approval.
...------------------------_.----------------------------------------------_.----.-------------------------------------------------------------------------------------..
Recommended Motion(s):
(Communiiv Development Commission)
MOTION:
THAT THE COMMUNITY DEVELOPMENT COMMISSION AUTHORIZE THE
REDEVELOPMENT AGENCY TO TRANSFER TITLE TO THE PROPERTY LOCATED AT 247
WEST THIRD STREET ("PROPERTY") IN THE CITY OF SAN BERNARDINO TO THE
COUNTY OF SAN BERNARDINO WITH THE FOLLOWING PROVISIONS: (I) THAT THE
ULTIMATE USE OF THE PROPERTY BY THE COUNTY BE FOR THE CONSTRUCTION OF A
NEW MULTIPLEX CENTRAL COURTHOUSE ONLY, (2) THAT IN THE INTERIM, THE
COUNTY MAY USE SUCH PROPERTY FOR TEMPORARY PARKING, AND (3) THAT IN THE
EVENT THE COUNTY FAILS TO INITIATE DEVELOPMENT OF THE NEW COURTHOUSE ON
THE PROPERTY BY JANUARY 1,2014, THE PROPERTY WILL REVERT BACK TO AGENCY
OWNERSHIP.
Contact Person(s):
Gary Van Osdel
Central City East
Phone:
(909) 663-1044
Project Area(s)
Ward(s):
1ST
Supporting Data Attached: 0 Staff Report 0 Resolution(s) 0 Agreement(s)/Contract(s) 0 Map(s) 0 Letters
FUNDING REQUIREMENTS Amount: $
Source:
-0-
SIGNATURE:
-0-
Commission/Conneil Notes:
_____________________________unn_____________________________________________________.__________________________________.____.___________________________________________.
P:\Agend1l5\Comm Dev Commission\CDC 2003\03-11-03 247 WThird 5t CDC SR.doc
COMMISSION MEETING AGENDA
Meeting Date: 11/03/2003
Agenda Item Number:. _
It~
~
ECONOMIC DEVELOPMENT AGENCY
STAFF REPORT
Transfer Title of Property Owned bv the Redevelopment A2encv
Located at 247 West Third Street. APN 1986-01-03.
to the County of San Bernardino to Accommodate Future Courthouse Expansion
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 ("Property") 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 and to donate the Property to the County
for courthouse purposes.
CURRENT ISSUE:
Caltrans has transferred title to the Property to the Agency. Given the City Council direction, it is
appropriate for the Commission to officially authorize the Agency to transfer title to the Property to
the County based on the three (3) conditions noted in the above motion. It is proposed that the
Property be used in part to accommodate the parking needs of the 303 W. 3'd Street building. In order
for the 303 LLC to receive approval of a DP-I enabling them to proceed with the rehabilitation of the
303 building and ultimate sale to the County, they must evidence adequate parking. Furthermore, in
order for the County to ultimately own and occupy the 303 W. 3rd Street property, they must meet the
City's parking requirements. The transfer of the Property to the County will enable them to use the
Property for parking, and thus, meet the City's parking requirements.
ENVIRONMENTAL IMPACT:
None.
FISCAL IMPACT:
The Property donation to the County will require the Agency to write-off a $2.7 million asset.
P:\Agendas\Comm Dev Commission\CDC 2003\03-11-03 247 W Tl1ird 5t CDC SR.doc
COMMISSION MEETING AGENDA
Meeting Date: 11/03/2003
Agenda Item Nnmber: '"
RJB-
. >
Economic Development Agency Staff Report
Transfer of 247 West Third Street Property
Page 2
RECOMMENDATION:
That the Community Development Commission adopt the attached form motion,
P:\Agendas\Comm Dev Commission\CDC 2003\03.] 1-03 247 W Third 51 CDC SR.doc
COMMISSION MEETING AGENDA
Meeting Date: 11/03/2003
Agenda Item Number: ,',;
~