Loading...
HomeMy WebLinkAboutR03-Redevelopment Agency .. . ,- ....... ..-,_~;_o i",... - '-' ......../ MINUTES ------- TRI CITY UDEVELOPMENT PROJECT AREA CITIZENS ADVISORY COMMITTEE October 27, 1988 3:00 P.M. Location: Tri City Corporate Centre The meeting of the Citizens Advisory Committee for the Tri City Redevelopment Project Area vas called to order by Chairman Richard Gardner at 3:06 p.m. in the Tri City Corporate Centre Information Center, 485 Carnegie Drive, San Bernardino, California. COHKITTEE MEKBE1lS PRESENT COMMITTEE MEKBE1lS ABSENT Don Burkett Yvonne Dejager Richard Gardner .Job Sebba Mel .Johnson STAPP PRESENT Sandra Medina, Transcribing Secretary - RDA .John Wood, Development Specialist - RDA * Excused Absence - -- - - --- - ------ - -- -- - -- - - - ----- - - -- -- 1.011 Call 1.011 call vas taken by the transcribing secretary. Approval of Minutes of .July 28, 1988 PORM MOTION: That the Minutes of the Meeting of .July 28, 1988 be approved as submitted. Moved by: Don Burkett The motion vas carried unanimously. Seconded by: Yvonne Dejager Nev Development in the Tri City Project Area Mr. Wood distributed resource materials for Committee members under the above titled agenda item. 3 .....' J '- Jlorton DB Bousing (Sub Area II) The City of San Bernardino will be entering escrow with the State of California to buy approx1lllately 59.43 acres. The escrow period will be 14 IDOnths. The total purchase price is $3,038,000. The deposit of $300,000 will be placed by the City, but it will actually come from the Army Corp of Engineers. As soon as the escrow is opened, Norton ArB will issue a Request for Proposals for a builder who would be willing to build the 400 units of housing. Norton ArB will guarantee an annual income for the housing units for a period of 20 years. The length of time could be extended if desired at the end of the 2ll-year period. If Norton is successful in obtaining a developer, the developer would in actuality be the buyer for the land. Mr. Wood noted that it is important from a redevelopment point of view for the developer to be the buyer because no tax increment will accrue if Norton ArB is the buyer. Properties owned by Norton ArB would be classified as publicly owned and, therefore, not taxable. Mr. Wood informed the Committee that there is a clause in the agreement that after the 20 year period, if Norton ArB should decide to renew its lease then the developer would be free to sell the project if he desired. Be would be able to participate fully in any appreciation of the land values as well as the buildings. .-'''- The question was raised if the City would be able to share in the appreciated value of the land at the end of the 20-year period. Mr. Wood answered negatively. - COIIII1ttee members agreed that this project is very much needed in the area. Several Committee members discussed the issue of closure of military facilities currently under discussion by President Reagan. Norton ArB was mentioned as a facility that would be considered for closure. Santa Fe Mr. Wood stated that Santa Fe Railroad has a ujor dispatching center to be relocated in the Tri City Corporate Centre. The RDA has been contacted and asked to assist financially with the project. Mr. Wood stated that the RDA only assists in projects that can show a justifiable need. Santa Fe is justifying the need by asking for funds to purchase highly technical equipment. The Redevelopment Committee is considering the item this date. The question was raised if RDA financial assistance is technically a grant. Mr. Wood explained that in a sense it is a grant; however, tax increment accrues to the Redevelopment Agency as a result of the project. So in a matter of a few years, the initial grant BIIount has ~ -2- :' /' - '.', ..... ....." , - been recouped and profit accrues from that point on. Mr. Wood explained that B.DA financial assistance is actually an investment rather than a grant. Mr. Wood explained that the issue of job creation is an iIIportant factor which affects whether or not the RDA will grant financial assistance. Sales tax from a retail development is also an important factor which is considered. MOTION: To support the action of the B.DA to financially assist Santa Fe Railroad in its relocation of a dispatching faCility. Moved by: Mel Johnson The motion was carried unanimously. Seconded by: Jon Sebba Committee members questioned how large the dispatching building will be. Ms. DeJager responded that the proposed building will be 40,000 sq. ft. Ms. DeJager added that the proposed location for the facility is the corner of Hospitality and Carnegie. Tri City Corporate Centre Ms. DeJager gave a general update on the Tri City Corporate Centre. Specifically, the leasing of R&D 12 is going well. The second 4-story . building is 85% leased. ..-_""'0. Hr. Gardner asked about the status of the Holiday Inn project. Ms. DeJager stated that there was no recent information available. '- Teong Itay Hr. Wood distributed a map outlining the boundaries of the property located in the Tri City Project Area currently owned by Mr. Teong Itay. It should be noted that Hr. Itay's property coupled with the property owned by Rancon constitutes the vast majority of the Tri City Redevelopment Project Area - Sub Area I. At the present time Hr. Kay is working with a marketing team to develop a concept for use of this land based on the demand in the area. Mr. Itay is committed to creating a first-class commercial development on his land, which encompasses approximately 86 acres. North/South Arterial Between Tippecanoe and Waterman Mr. Wood reviewed the memorandum dated August 23, 1988, from Jim Robbins to Gene Klatt Re the above subject matter. '- -3- "-- ,~ '- ,-. -- ...... \.. .- . Mr. Gardner commented that the arterial will become more of a necessity if Norton AlB closes the corner of Mill and Tippecanoe and incorporates the Missile Office onto the Base for better security. Election of Chaiman and Vice Chaiman of the Trl City CAe The Committee requested unanimously that Mr. Gardner remain Chairman of the Committee. Mr. Gardner accepted the responsibility of the position. MOTION: To nominate Yvonne DeJager to serve as Vice Chairman of the Trl City CAC. Moved by: Jon Sebba The motion was carried unanimously. Seconded by: Donald J. Burkett Trl City CAC Budget Mr. Gardner requested that staff research whether the budget for the Tri City CAC, approved a nUllber of years ago, is still in uistence. Adjournment MOTION: That the meeting of October 27, 1988 be adjourned. Moved by: Mel Johnson The motion was carried unanlously. Seconded by: Don Burkett The meeting was adjourned at 4:20 p.m. Respectfully submitted, ~::~~~ Transcribing Secretary j1Ilh:3345K -4-