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HomeMy WebLinkAbout40-Council Office ECONOMIC DEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO INTER-OFFICE MEMORANDUM FROM: Chairman Patrick J. Morris and Community Development Commission Members Maggie Pacheco, Executive Director rl Economic Development Agency (EDA) - Budget Workshop September 17, 2007 TO: SUBJECT: DATE: September 11, 2007 COPIES: Fred Wilson, City Manager; Jorge Carlos, Executive Assistant to Council; Rachel Clark, City Clerk On September 17, 2007, the Community Development Commission ("Commission") will hold a Budget WorkshOp ("Workshop") to discuss the Economic Development Agency's ("EDA") $9.6 million reserve fund balance. At this Workshop, Agency staff and Agency Counsel Timothy J. Sabo, will present and discuss general redevelopment activities, uses of redevelopment tax increment revenues (limitations, effective uses and prohibited uses), redevelopment successes, and whether the Agency one time cumulative fund balance reserve ($8.3 million) should be allocated to certain projects ($9.6 million less approximately $1.3 million allocated by the City Council to the City) at this time. The attached information represents the information that Agency staff proposes to discuss with the Commission in order to enhance the Commission's knowledge of how tax increment revenues may be used in furtherance of the Agency's economic development goals. Recommendation: , In light of the recent direction from the Commission to Staff to review and evaluate the Urban Land Institute ("ULl") concepts and recommendations, and to return to the Commission within 90 days with an implementation strategy and potential funding for said strategy, it is mv recommendation that the Commission defer expendina or allocatina the remainina $8.3 million fund balance until such a report is presented to the Commission. Moreover, it is important to note that on July 17, 2007, the County Board of Supervisors ("Board") directed County staff to begin designing their downtown County Government Campus and incorporating many of the ULl's development recommendations into their plans. To this end, the County is committed to investing between $250-$300 million in their downtown Government Campus. The Board is looking to the City to make a similar investment and commitment to revitalize downtown (See attached). Should you have any questions or wish to meet with me prior to the Workshop, please feel free to call me at 663-2277. # q D Q/I7/01 -'m.TW,. T ?'t,~' ~ '.,.....~t.7~--',~~. .':"'.....~,.,:......'l.~ ~- ~-.._,... '. ,',. \ - . . ."l '. . N < ~.,~ Qj Z~ ~ ii Ii ~ ~) , , ~' CD. ~ - -, \ ':'f' ~" '/ioil ~ '''-', JJj}., ~{ 0' (J,)' ~I ~J't~~i ""'.>~.~ ) ~ ~l ,;it". ..~ . ,~ h ~ I C!.~ -, >' "'==, I",:,' ' .'":,, .....~, "'"'.~';.\ti;V' "e.;"~-"] " , . ...~J.4 ...... .~{ .. 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(J 0 '6 '6 '" 0 S ::l ~ ~ <( c ~E Q) z '0 a. 0 c C - c 0 c C -0 Ol C U '(3 ~ Q) Ul ell 0 c .2 .2 .2:' .2:' Q) >- ~ Q) Q) E - Q) '.., Q) 0 - U; - c c: '" Ul '" ell ell 0 (3 (3 Ul ro (3 0 ~ ::> c >- 0 .s:: > ~ U ::l ::l '" U ell ~ > c 0 ~ '" u ..Q > ro ~ Q) .2:' c ro ~ - Q) a. .... - - ;: en !!!. !!!. u u '" Q) ~ .s:: .s:: ~ Q) U CD Q) 0 <( :2 <( <( - - - .s:: (3 0 S C > .l9 B._ a. ~ .l9 -0 rn c c ::l "to .s:: c .2:' '" - Q) Q) 0 0 ~ 15. 0 Q) - i5 0 ell 0 0 0 ~ ~ ~ a: en u u en z =:I en U :2 .... I- U en U a. (3 l- S '" C") ~ ~ 0' N ... ::0-,-- I-c- PAULBIANE CHAIRMAN SUPERVISOR SECOND DISTRICT August 1, 2007 Honorable Patrick Morris Mayor, City of San Bernardino 300 North D Street San Bernardino, CA, 92418 Dear Mayor Morris, The Urban Land Institute panel made some bold and important recommendations for revitalizing downtown Sa" Bernardino. The San Bernl:irdino County Board of SupervIsors discussed those recommendations dUring its July 17, 2007 meeting and directed County staff to begin the process of designing the much-needed expansion of the County Government Center on this campus. The Board's direction included: · The concept of res\.l(Tecting Town Creek as a dramatic water featu're that could flow through the County property,. creatIng a greenway that would connect to the rest of downtown . Space for commercial and retail development . Structured parking · Environmentally sensitive design . Continued dialogue with the City regarding implementation strategies for the broader ULI vision We believe that a concerted, focused effort on the downtown area, as articulated in the ULI presentation, will result in positive, long-term improvements. The Board of Supervisors is committed to moving ahead with its plans to add 450,000 to 500,000 square feet of new space to accommodate growth in County programs and services in a manner as consistent as possible with the ULI study. WIf# look forward to a similar commitment and focused approach from the City Council so that we can be assured our critical partner in implementing a new vision for downtown is prepared to move ahead with us. Please let me know if we can be of any aSsistance as you seek the Council's support for this important project. Sincerely, ~ r--r:~_~ U ~ Paul Blane Chairman, Board of Supervisors Son Beruanl/noCOIDIly Governmeut C...t.r' J8SNorthArrowheod Avenue, F1fIh Floor' Son Bernardi.... CA 92415-0110 . (909)J87-48JJ . Fax (909) J87-326S R,..,boC""""",foIOis1rictOfl'lCO . FooIhmC_"Ulw""dJ~"k:cC""ct . KlIllflA....A_ . RandmCUcmnon!,-CA 91730 . 19l191945-4m . Fu(9{J9)94S-41137