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HomeMy WebLinkAboutR03-Economic Development Agency . e .....;-. . . . . .e. In~ ~ ; . Redevelopment Agency · City of San Bernardino 300 Nardt "D" SIIee~ Fourth Floor . San Bernardino, California !nU8 (714) 384-5081 FAX (714) 888-9413 December 13, '1989 MAKING FINDINGS AND DETERMINATION AS TO THE BENEFIT TO THE COMMUNITY DEVELOPMENT COMMISSION OF THE PUBLIC IMPROVEMENTS FOR THE VERDEMONT AREA Synopsis of Previous Commission/Council/Committee Action: None Recommended Motion: (Community Development Commission) Adopt a RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO MAKING FINDINGS AND DETERMINATIONS AS TO THE BENEFIT TO THE COMMUNITY DEVELOPMENT COMMISSION OF THE PUBLIC IMPROVEMENTS FOR THE VERDEMONT AREA. Respectfully Submitted, Director Supporting data attached: YES FUNDING REQUIREMENTS: ... A- . Ward: 5th Project: Commission Notes: RJT:mv: 1920R Agenda of: Item No. December 18, 1989 3 . Redevelopment Agency . . . S T A F F R ~ P 0 R T ~ BACKGROUND City Staff has determined that the Verdemont area of the City of San Bernardino (the "City") requires the construction and Installation of certain public Infrastructure In order to allow further private development within the area. The existing infrastructure system is inadequate to serve any additional development, and accordingly, development should not continue without the provision of additional pUblic facilities and Improvements. The City intends to finance the construction of such public improvements through a municipal bond financing which will be supported through the levy of an infrastructure fee. However, it is anticipated that such fee program will not be sufficient to adequately fund the bond issue and that accordingly the provision of the public improvements will rely, in part, on financing from the various redevelopment project areas of the Commission to the extent the provision of the pUblic improvements will benefit such project areas. ANALYSIS ~ The Resolution referenced above authorizes the Community Development Commission to use revenues from its redevelopment project areas to support the financing of the public improvements required in the Verdemont Area. Such action is taken in accordance with Health and Safety Code Section 33445 which permits a redevelopment agency to finance improvements outside of a redevelopment project area to the extent such improvements benefit the project area or the neighboring areas and no other financing is available to fund the construction of such public Improvements. The public Improvements are divided into two (2) categories. The first are designated as "Right-of-Hay Improvements" and include the acquisition, construction and installation of full-width street improvements throughout the area including sidewalks, curbs, gutters, parking, street lights, water mains and sewer mains. The second category of pUblic Improvements are designated as the "Public Improvements" and Include the acquisition, construction and installation of fire facilities, park facilities, drainage facilities and landscaping. The Right-of-Hay Improvements and the Public - Improvements are more specifically described in that certain Engineer's Re~ort dated November 17, 1989, and on file with the City Clerk. The Resolution makes the required findings and determinations that the public improvements will benefit the redevelopment project areas in the City and neighboring areas and that there Is no other feasible method to finance the construction of such public improvements since the infrastructure fee program will be unable to fully support the bond financing without other funding sources. RECOMMENDA nON Agency staff recommends that the Community Development Commission adopt the attached resolution. ~ RJT:mv:1920R . . . . . , e e .' e ~3. 4- e e e . . . . SBE00099-l0/3307S/dc 12/13/89 0500 RESOLUTION NO. RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, MAKING FINDINGS AND DETERMINATIONS AS TO THE BENEFIT TO THE CITY OF SAN BERNARDINO OF THE PUBLIC IMPROVEMENTS FOR THE VERDEMONT AREA WHEREAS, the City of San Bernardino, California (the "Ci ty"), is a municipal corporation and a charter city dUly created and existing pursuant to the Constitution and the laws of the State of California (the "City"); and WHEREAS, the Community Development Commission of the City of San Bernardino (the "Commission") on behalf of the Redevelopment Agency of the City of San Bernardino (the "Agency"), is a redevelopment agency, a public body, corporate and politic of the State of California, organized and existing pursuant to the Community Redevelopment Law (Part 1 of Division 24) commencing with Section 33000) of the Health and Safety Code of the State of California (the "Act"); and WHEREAS, pursuant to Section 33445 of the Act, the Agency may, with the consent of the Mayor and Common Council of the City (the "Council"), pay all or a part of the cost of installation and construction of any building, facility, structure or other improvement which is publicly owned either within or without the boundaries of a redevelopment project area if the Council determines: (1) that such buildings, facilities, structures or - 1 - e e .' e . . . . other improvements are of benefit to the redevelopment project area or the immediate neighborhood in which the project is located, regardless of whether such improvement is wi thin another proj ect area, or in the case of a project area in which sUbstantially all the land is publicly owned that the improvement is of benefit to an adjacent project area of the Agency, and (2) that no other reasonable means of financing such buildings, facilities, structures or other improvements is available to the community, and such determination by the Agency and the Council shall be final and conclusive; and WHEREAS, the City is proposing to undertake a municipal bond financing for the purposes of funding the costs of certain right-of-way improvements and other public improvements necessary for the further development of the Verdemont area of the City (the .Verdemont Area.); and WHEREAS, the City proposes to pay debt service on the municipal bond financing, in part, with revenues generated through the levy of an infrastructure fee; and WHEREAS, it is anticipated that the levy of the infrastructure fee will not provide sufficient revenues to support the municipal bond financing and the City therefore will seek revenues from the redevelopment project areas of the Agency to support such financing; and - 2 - . . . . WHEREAS, it is in the interests of the present landowners ~ within the Verdemont Area and the residents, both within the Verdemont Area and within the City generally, that the City causes the acquisition, construction and installation of the right-of-way improvements and the pUblic improvements within the Verdemont Area; and WHEREAS, the Verdemont Area is located in the northwestern quadrant of the City and borders the 1-215 Freeway which is one of the major thoroughfares leading into the City; and WHEREAS, the Verdemont Area's proximity to the 1-215 Freeway makes the area a gateway to the City and the careful and orderly development and improvement of the Verdemont Area is in the ~ best interests of the City; and WHEREAS, the Verdemont Area is immediately adjacent to the State COllege Project Area and the Northwest Project Area and the development of public improvements which will permit the development of residential units within the Verdemont Area will benefit said Northwest Project Area and the State College Project Area by providing a residential base for persons presently working in the State College Project Area and the Northwest Project Area; and WHEREAS, the well-planned development of the Verdemont Area will benefit the entire City and all other redevelopment project areas within the City which project areas include: the ~ - 3 - . . . . Meadowbrook-Central City Project Area, Central City North Project I , . Area, Central City East Project Area, Central City South Project Area, Southwest Industrial Park Project Area, Central City West Project Area, Tri-Cities Project Area, South Valle Project Area and the Uptown Project Area, to the extent that it will stimulate commercial, retail and industrial activity within such areas, provide a residential base for persons employed within such project areas and thereby assist in the elimination of blight within such areas; and WHEREAS, the Verdemont Area is one of the few remaining undeveloped areas of the City where residentially zoned property is available for construction of housing and there is a need for the development of such housing in the Verdemont Area in order to increase the existing housing supply within the City; and . WHEREAS, in order to promote the City's health, safety and welfare, it is important that the public improvements required for the Verdemont Area be financed in order to ensure the orderly development of the Verdemont Area; and .> WHEREAS, it is appropriate at this time for the Council to make certain findings and determinations and take certain action with respect to the installation and construction of the right-of-way improvements and the public improvements. . - 4 - ,-- . . . . NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE CITY OF e SAN BERNARDINO, CALIFORNIA, DO HEREBY FIND, RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. The Recitals hereinabove are true and correct and are incorporated herein by this reference. Section 2. The Council consents to the payment by the Agency of the costs of the right-of-way improvements and the public improvements to be constructed in the Verdemont Area which are located outside of the established redevelopment project areas of the Agency but are of benefit to such project areas and other neighborhoOdS wi thin the Ci ty for the reasons set forth in the Recitals hereinabove. The Council further finds and determines that e no other reasonable means of financing the acquisition, installation and construction of the public improvements is presently available to the City and that the City requires the use of revenues generated from redevelopment project areas of the Agency in order to fund the acquisition, construction and installation of the public improvements. .' Section 3. The provision of public improvements in the Verdemont Area will help stimulate development of the Verdemont Area which will benefit the redevelopment project areas within the City and immediate neighborhoods by providing a residential base to other areas of the City and by increasing commercial and industrial e - 5 - . . .> . . . . . activity in the redevelopment project areas of the City which will in turn help eliminate blight within such project areas and other areas of the City. Section 4. The City Clerk is hereby authorized and directed to cause this Resolution to be transmitted to the Commission for consideration in connection with appropriate action by that bOdy. Section 5. This Resolution shall take effect upon the date of its adoption. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Co unci 1 of the Ci ty of San Bernardino at a meeting thereof, held on the day of , 1989, by the fOllowing vote, to wit: AYES: Council Members NAYS: ABSENT: City Clerk - 6 - . . .> . . . . day of The foregoing resolution is hereby approved this , 1989. Approved as to form and legal content: JAMES F. PENMAN City Attorney .,,~ ./ - 7 - . Mayor of the City of San Bernardino . . . . . . STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO) ss CITY OF SAN BERNARDINO ) I, SHAUNA CLARK, City Clerk in and for San Bernardino, DO HEREBY CERTIFY that the foregoing copy of San Bernardino City Resolution No. true and correct copy of that now on file in this office. the and is . City of attached a full, IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Bernardino this day of , 1989. City Clerk - 8 - . . . . . . 'e I .-.,-. . -::> (, '-_. Lo;: e e I.. e . . . . SBE00099-ll/33l2S/dc 12/13/89 0510 RESOLUTION NO. A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO MAKING FINDINGS AND DETERMINATIONS AS TO THE BENEFIT TO THE COMMUNITY DEVELOPMENT COMMISSION OF THE PUBLIC IMPROVEMENTS FOR THE VERDEMONT AREA WHEREAS, the Community Development Commission of the City of San Bernardino (the .Commission.) on behalf of the Redevelopment Agency of the City of San Bernardino (the .Agency.), is a redevelopment agency, a public body, corporate and politic of the State of California, organized and existing pursuant to the Community Redevelopment Law (Part 1 of Division 24) commencing with Section 33000) of the Health and Safety Code of the State of California (the .Act.); and WHEREAS, the City of San Bernardino, California (the .Ci ty.), is a municipal corporation and a charter city duly created and existing pursuant to the Constitution and the laws of the State of California (the .City.); and WHEREAS, pursuant to Section 33445 of the Act, the Agency may, with the consent of the Mayor and Common Council of the .City (the .Council.), pay all or a part of the cost of installation and construction of any building, facility, structure or other improvement which is pUblicly owned either wi thin or without the boundaries of a redevelopment project area if the Council determines: (1) that such buildings, facilities, structures or - 1 - e . . . . other improvements are of benefit to the redevelopment project area or the immediate neighborhood in which the project is located, regardless of whether such improvement is within another project area, or in the case of a project area in which substantially all the land is publicly owned that the improvement is of benefit to an adjacent project area of the Agency, and (2) that no other reasonable means of financing such buildings, facilities, structures or other improvements is available to the community, and such determination by the Agency and the Council shall be final and conclusive; and WHEREAS, the City is proposing to undertake a municipal bond financing for the purposes of funding the costs of certain right-of-way improvements and other public improvements necessary e for the further development of the Verdemont area of the City (the "Verdemont Area"); and ..,-. tit WHEREAS, the City proposes to pay debt service on the municipal bond financing, in part, with revenues generated through the levy of an infrastructure fee; and WHEREAS, it is anticipated that the levy of the infrastructure fee will not provide sufficient revenues to support the municipal bond financing and the City therefore will seek revenues from the redevelopment project areas of the Agency to support such financing; and - 2 - e . .> e . . . . WHEREAS, it is in the interests of the present landowners within the Verdemont Area and the residents, both within the Verdemont Area and within the City generally, that the City causes the acquisition, construction and installation of the right-of-way improvements and the public improvements within the Verdemont Area; and WHEREAS, the Verdemont Area is located in the northwestern quadrant of the City and borders the I-2IS Freeway which is one of the major thoroughfares leading into the City; and WHEREAS, the Verdemont Area's proximity to the I-2IS Freeway makes the area a gateway to the City and the careful and orderly development and improvement of the Verdemont Area is in the best interests of the City; and WHEREAS, the Verdemont Area is immediately adjacent to the State COllege Project Area and the Northwest Project Area and the development of public improvements which will permit the development of residential units within the Verdemont Area will benefit said Northwest Project Area and the State COllege Project Area by providing a residential base for persons presently working in the State College Project Area and the Northwest Project Area; and WHEREAS, the well-planned development of the Verdemont Area wi 11 benefi t the enti re City and a 11 other redevelopment proj ect areas within the City which project areas include: the - 3 - . e .0 . . . . . Meadowbrook-Central City Project Area, Central City North Project Area, Central City East Project Area, Central City South Project Area, Southwest Industrial Park Project Area, Central City West Project Area, Tri-Cities Project Area, South Valle Project Area and the Uptown Project Area, to the extent that it will stimulate commercial, retail and industrial activity within such areas, provide a residential base for persons employed within such project areas and thereby assist in the elimination of blight within such areas; and WHEREAS, the Verdemont Area is one of the few remaining undeveloped areas of the City where residentially zoned property is available for construction of housing and there is a need for the development of such housing in the Verdemont Area in order to increase the existing housing supply within the City; and WHEREAS, in order to promote the City's health, safety and welfare, it is important that the pUblic improvements required for the Verdemont Area be financed in order to ensure the orderly development of the Verdemont Area; and WHEREAS, it is appropriate at this time for the Commission to make certain findings and determinations and take certain action with respect to the installation and construction of the right-of-way improvements and the public improvements 0 - 4 - . . . . . . . NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION ACTING ON BEHALF OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. The Recitals hereinabove are true and correct and are incorporated herein by this reference. Section 2. The right-of-way improvements and the public improvements to be constructed in the Verdemont Area are located outside of the established redevelopment project areas of the Agency but are of benefit to such project areas and other neighborhoods within the City for the reasons set forth in the Recitals hereinabove. The Commission further finds and determines that no other reasonable means of financing the acquisition, installation and construction of the public improvements is presently avai lable to the City and that the City requires the use of revenues generated from redevelopment project areas of the Agency in order to fund the acquisition, construction and installation of the public improvements. Section 3. The provision of pUblic improvements in the Verdemont Area will help stimulate development of the Verdemont Area which will benefit the redevelopment project areas within the City and immediate neighborhoods by providing a residential base to other areas of the City and by increasing commercial and industrial - 5 - . . . . activity in the redevelopment project areas of the City which will e in turn help eliminate blight within such project areas and other areas of the City. Section 4. The Agency Secretary is hereby authorized and directed to cause this Resolution to be transmitted to the City for consideration in connection with appropriate action by that bOdy. Section 5. effect upon adoption. Effective Date. This Resolution shall take e e - 6 - e e .'-. e . . . . RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION CITY OF SAN BERNARDINO MAKING FINDINGS AND DETERMINATIONS AS BENEFIT TO THE COMMUNITY DEVELOPMENT COMMISSION OF THE IMPROVEMENTS FOR THE VERDEMONT AREA. OF THE TO THE PUBLIC I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Community Development Commission of the City of San Bernardino at a meeting thereof, held on the day of , 1989, by the following vote, to wit: Commission Members: AXES NAYS ABSTAIN ESTRADA REILLY FLORES MAUDSLEY MINOR POPE-LUDLAM MILLER Secretary The foregoing resolution is hereby approved this day of , 1989. W. R. Holcomb, Chairman Community Development of the City of San Bernardino Approved as to form and legal content: BY:~ /Agency C nsel - 7 -