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Redevelopment Agency · City of San Bernardino
300 North "D" S_~ Founh Floor . San Bernardino, California 92A18
(714) 384-5081 FAX (714) 888-9413
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StenD H. Dukelt
Executive DUector
JUNE 14, 1989
SETTING OF PUBLIC HEARING - AUTO PLAZA COMMERCIAL AREAS
Synopsis of Previous Commission/Council/Committee Action:
12-23-85 Resolution 4831 authorized execution of OPA.
07-21-86 Resolution 86-301 approved sale of an additional parcel (APN
141-251-39) to Orange Show Plaza Associates. Resolution 4900
authorized execution of Subordination Agreement subordinating RDA
Note, Trust Deed, and OPA to construction financing documents.
Resolution 4901 authorized First Amendment to OPA.
(continued on page 2)
c::> Recommended Motion:
(MAYOR AND COMMON COUNCIL)
A) Move that the Mayor and Common Council set a joint public hearing for
11:00 a.m. on July 3, 1989 to consider approving the execution of an
Amended and Restated OPA with Orange Show Plaza Associates and B & M
relative to the commercial areas of the Auto Plaza.
(continued on page 3)
d,
Supporting data attached: Yes
Ward:
3rd
FUNDING REQUIREMENTS:
None
Project:
SEIP
Commission Notes:
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Agenda of: JUNE 19, 1989
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Redevelopment Agency
Synopsis of Previous Commission/Council/Committee Action:
05-02-88 Resolution 5111 approved execution of a Second Amendment to OPA.
06-08-89 Committee recommended that Commission and Council set joint public
bearing to consider an Amended and Restated OPA affecting tbe
general commercial areas primarily.
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Redevelopment Agency
(COMMUNITY DEVELOPMENT COMMISSION)
B) Move that the Community Development Commission set a joint public hearing
for 11:00 a.m. on July 3, 1989 to consider approving the execution of an
Amended and Restated OPA with Orange Show Plaza Associates and B & M
relative to the commercial areas of the Auto Plaza.
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Redevelopment Agency
STAFF REPORT
It is recommended that the Mayor and Common Council and the Community
Development Commission set a joint public hearing for 11:00 a.m. on July 3,
1989 to approve an Amended and Restated Owner's Participation Agreement for
the Auto Plaza.
BACKGROUND
On December 23, 1985, the Commission approved an Owner Participation Agreement
(OPA) with Orange Show Plaza Associates to develop a regional auto plaza
containing 11 new car dealerships, an auto service center and ancillary retail
and commercial bUildings on Auto Plaza Drive west of 1-215. Master site
improvements and six of the new car dealerships have been completed. A
seventh dealership (Acura) is under construction. Number eight (Volvo) has
closed escrow and Nissan has recently closed escrow on a "two dealership"
site. One dealership remains available. The Developer is behind schedule on
the commercial parcels, but has identified a substitute developer, B & M.
Victor Boyd and Greg McClelland (B & M) have entered escrow, received Planning
Commission approval for their development plans, submitted construction plans
to Building and Safety for review and will soon be ready to start construction
on the general commercial areas of the Auto Plaza (Parcels 12 and 13 of Parcel
Map Number 9713). A proposed Amended and Restated OPA will substitute B & M
for Orange Show Plaza Associates (the Developer) with respect to the
development of these areas and provide for a longer build out than originally
planned.
On June 6, 1989, the Developer, B & M and Agency staff completed discussions
on the basic deal points that are to be reflected in the Amended and Restated
OPA. On June 9, 1989, we received the executed agreements from the Developer
and B & M. They have also been approved as to form and. legal content by the
Agency's special counsel. The Redevelopment Committee reviewed this request
on June 8, 1989 and recommended approval. It is, therefore, requested that
the Commission and Common Council set a joint public hearing on the matter for
11:00 a.m. on July 3, 1989.
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