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HomeMy WebLinkAboutR09-Redevelopment Agency o o o Redevelopment Agency . City of San Bernardino 300 Ncrlh "D" Stree~ Fourth Floor . San Bernardino, California 92418 (714) 384-5081 FAX (714) 888-9413 .e. ID~ ~ ; Steven H. Dukett &ecutive Director JUNE 14, 1989 CURRENT ACTIVITY STATUS REPORT Synopsis of Previous Commission/Council/Committee Action: 06-08-89 Committee recommend that the Commission receive and file the Current Activity Status Report. Recommended Motion: (COMMUNITY DEVELOPMENT COMMISSION) o Receive and file the Current Activity Status Report. Supporting data attached: Yes Ward: All FUNDING REQUIREMENTS: N/A Project: All Commission Notes: o SHD:sm:5086G Agenda of: June 19, 1989 - Item No. q o o o o o STAFF REPORT Attached for your information is the Agency's Current Activity Status Report. The Report highlights the significant projects currently being pursued by Agency staff and explains their status as of June 6, 1989. It is important to note that the Agency is currently planning or implementing a myriad of development projects when added together have a development value well in excess of *100 million. It is staff's intention to give the Committee/Commission an update of this report on a quarterly basis. This will occur during the month following the close of each calendar quarter. The next report, therefore, will be submitted in October 1989. For your information, during the Redevelopment Committee's review of the attached report, several of the Agency's projects which are in default or technical default were discussed. As a result, a separate report on these projects will be developed for Committee/Commission review. SHD:sm:5086G 2 o o o o o REDEVELOPMENT AGENCY CURRENT ACTIVITY STATUS REPORT As of June 6. 1989 0382j CENTRAL CITY PROJECT AREA Central Cltv South -- SDorts/Entertalnment/Cultural Center · Description: Proposed regional sport/entertainment/ cultural center with surface parking plus surrounding mixed commercial uses Including high rise office and residential plus street level retail covering a total of ~100 acres. The project site Is generally located between Rlalto Avenue on the north. 1-215 on the west. Mill Street on the south and the rear property line of the properties located on the west side of "D" Street. The project's financial feasibility has not been determined. · Developer: As a result of an RFQ. two proposals have been recelved--one from the Sunset Group and one from ADI Propertles/Hestdome holdings. corporation. · Status: Staff are considering the Invitation of the proposers to make detailed presentations to a selection committee who will recommend which should be considered for a negotiation agreement. · Estimated Development Value: Unknown .E Street and Athol Site (Old Harmon Motors Site) · Description: Proposed 45.000 SF retail center on 3.89 acres owned by the Agency. · Developer: The Sunset Group has an agreement for exclusive rights of negotiation which will expire on August I, 1989. · Status: Negotiations are In process. Agency's economist has raised economic Issues based upon surveys of property values and developer return rates. Developer Is obtaining additional Information. Resolution of the Issues Is expected by July 1989. In addition, demolition Is underway to remove the existing buildings which constitute a significant health and safety hazard and, therefore, exposure to liability. · Estimated Development Value: $4,660,000 o o o o o Central City South Assessment District · Description: The District, under consideration at the request of the Agency, would install $10 to $12 million in Infrastructure Improvements In accordance with the City's Overlay Zone guidelines. The principal improvements are construction of new streets, reconstruction of existing streets, undergrounding of utilities and landscaping. · Status: The district has been approved on two occasions (including one public hearing), but still requires one more public hearing before It will be officially formed In the spring of 1990. A contract to design public Improvements has been let by the City's Engineering Department. · Estimated Development Value: Unknown Carel and Assoc., Inc. (Court & Allen) · Description: A five phase project for 154 multi-family units and 170 mini-storage units on former Agency property located between 3rd and 4th streets, west of Waterman. · Developer: Cliff R. Carel and Associates have a Disposition and Development Agreement with the Agency. · Status: Developer has completed Phases I through III. Phase IV for 70 multi-family units and Phase V for 170 mini-storage units have not been started. Property for Phase IV has transferred to the developer, but property for Phase V remains In the ownership of the Agency. Developer Is In default on. commencement of Phases IV and V. Negotiations have been.carrled on for some time and were temporarily suspended awaiting the adoption of the amended General Plan. Negotiations will be reopened In June 1989. · Estimated Development Value: $5,980,000 Court and E Street Site · Description: Proposed 120,000 SF, ten-story, granite-faced office and retail building with a 617 space parking structure on the SHC of Court and E Streets (currently used as surface parking). As currently proposed, the building would be a dramatic architectural statement In downtown and would set a new standard for corporate headquarters buildings in the area. · Developer: Currently under an exclusive negotiation agreement with The Sunset Group which expires September 30, 1989. - 2 - o o o o o · Status: A Disposition and Development Agreement Is under negotiation. Developer has secured joint venture partners who will commit to leasing sufficient space to make financing possible. Unsolved Issues are replacement parking for the existing surface lot use, Agency participation In future profits If the land Is sold, and developer's request that the Agency rebate the cost of development fees. · Estimated Development Value: $15,000,000 Hanford Foundry Acquisition · Description: The former Hanford Foundry site consists of 10.8 acres which has recently been cleared and rough graded. The owner has an approved tentative map to subdivide the property Into ten parcels. · Status: The Agency has approval to purchase the property for $2,200,000. The owner had subsequently asked for a down payment and an Interest rate higher than that approved by the Commission. He changed his mind on this In May 1989 and will agree to conform with the original terms. · Subject to satisfaction relative to toxic wastes,'the purchase can close within the next several weeks. Agency's economist Is currently making a thorough review of the site's potential. Staff will Issue an RFQ/RFP for the site shortly thereafter. · Estimated Development Value: $10 million on completion F Street Railway Crossing · Description: Implementation of the Central City South Overlay Zone mentioned above In connection with the CCS Assessment District, will be dependent upon obtaining an "at grade" public crossing of the AT&SF railway for F Street south of Rla1to Avenue. · Status: A preliminary agreement with the railroad has been obtained, but It Is dependent upon the closing of two other "at grade" crossings, one on Main Street and another on 8roadway in the Uptown Area <Subarea B). The PUC staff has supported the railroad's position. The Agency made a request to Engineering for the necessary street vacation proceedlngs. Local opposition has stopped the proceedings and councl1members have been exploring a1ternatlves. The matter has been referred to the RDA Committee. - 3 - o o o o o San Bernardino Downtown Main Street, Inc. · Description: "Main Street," a non-profit public benefit corporation formed on July 22, 1987, was created to utilize a comprehensive management approach to help revitalize the City's downtown core lying between 1-215 and Sierra Hay, north of Rlalto Avenue and south of 8th Street. An amended agreement, dated April 17, 1989, provides a specific work program supported by a three-year budget totaling $915,985. In addition to this, the Commission has budgeted $2,108,015 for related pUblic Improvements. The budgeted funds are to be supplied by the Agency, primarily from the Central City North project area's reserves. · Status: In addition to ongoing education, promotion, and economic restructuring activities, Main Street Is Involved In the preliminary design of public Improvements to be built In the central portion of the program area. The public Improvement activities will total $2,108,015 of the program effort and will be constructed by or on behalf of the City through the Department of Public Harks. Other program elements In the work program Include a building facade renovation program and, a sign abatement program, (both of which require Main Street to specify In writing the program elements and obtain Commission Approval, which has yet to occur). Main Street Is scheduled to make Its next quarterly status report In July 1989. - 4 - o o o - o o CENTRAL CITY NORTH PROJECT AREA Platt Bulldlnq · Description: Renovation of historic building at the SEC of 5th Street and E Street. The Agency was Involved In obtaining parking which was used to expand the downtown parking lots as well as for the Platt Building. . Owner: Art Gregory. · Status: Owner Is In default on completion of exterior Improvements, partially due to difficulties In obtaining tenants. Main Street Is cooperating to locate tenants and Agency staff has been negotiating an amendment to the existing agreement. Remedy under existing agreement Is $50,000 to Agency from owner. · Estimated Development Value: $1,200,000 Miles House · Description: Renovation and relocation of the Queen Anne style Miles house to Agency-owned land adjacent to the Historical Society building on the SHC of 8th and D Streets. The Agency would sell the land (an Improved parking lot) to the developer who would relocate the house onto a portion, use another portion for parking for commercial uses In the renovated house, and maintain parking on the balance for the benefit of the Agency under an easement for subsequent license or lease to the Historical Society. · Developer: Rock Enterprises. · Status: A exclusive agreement has been authorized and negotiations are underway on a Disposition and Development Agreement. The DDA should be completed by June 19, 1989 and a public hearing can be scheduled shortly thereafter. · Estimated Development Value: $240,000 Hhole Block Development Concept North of City Hall · Description: Complete renovation and/or reconstruction of the block between Court and 4th Streets and between D and E Streets for a mixed use development of retail and office plus a limited amount of third story residential. - 5 - - o o o · Status: Originally proposed by the Janss Corporation who has since asked that the Agency evaluate the concept and Issue a request for qualifications to developers. They suggested that after a qualified developer Is selected, specific development criteria would be . determined. Agency economist Is currently reviewing the site potential. · Estimated Development Value: Unknown Main Street Please see the description on the Central City Project. o o - 6 - o o o ~ - L L J o o NORTHWEST PROJECT AREA Northwest ShoDDlna Center · Description: An 80,000 SF neighborhood shopping center on ten acres of Agency-owned property (with a remainder parcel of ~5.5 acres). As conceived for a Boy's Market, the $10.7 million center was proposed to be financed from the following sources: UDAG Grant City fee waivers RDA on/off site relmb RDA land purchase Haagen contribution Conventional first RDA second Total $1,834,000 161,250 2,000,000 1,325,000 500,000 3,661,000 1,200.000 $10,681,250 In addition, there would be three years of very low interest interim financing from city and county CDBG float funds and an Agency loan to reduce the project carry to acceptable levels. The currently proposed mechanism Includes a ground lease to the city who will sublease to Haagen. Haagen would have a 'best efforts' right to negotiate a purchase at some point In the future. · Developer: Alexander Haagen Development Company · Status: Haagen has confirmed that the Board of Directors of American Stores (the parent of Lucky) has determined that the site, with appropriate lease terms, meets their basic criteria for a new market location and has authorized formal lease negotiations. This appears to be a major breakthrough. Continued availability of the UDAG grant will be dependent upon substantive progress in the Lucky negotiations. A formal request to extend the UDAG deadline to August 31, 1989 for submission of all legally binding commitments has been forwarded to HUD. Substitution of Lucky will require a significant change In the financing shown above because the market will be substantially larger and therefore more expensive to flxturlze. It will be difficult to analyze until lease negotiations are nearly final between Lucky and Haagen. On the plus side, the center will have a larger regional draw with Lucky as compared to Boy's and the shops are expected to be more successful. Resolution of the Lucky lease issue Is expected during June 1989. · Estimated Development Value: $10,700,000 - 7 - o o o illIU - - - o o Ninth Street and Pennsylvania Property Acquisition · Description: A 3.87 acre parcel appeared on the tax-defaulted property list and the Agency has been authorized to purchase it using $7,500 from the low-to-moderate-income housing fund. · Status: A request has been filed with the county and, If the property is not redeemed by the owner, the Agency will acquire the parcel sometime next year. It is usable for a single-family residential project. · Estimated Development Value: Unknown HAB land Development Corporation · Description: A 40 acre parcel designed for heavy industrial users, landlocked by county flood control channels. · Owner: HAB land Development Corporation. · Status: HAB has discussed requesting Agency assistance and has indicated that they are considering further conversations with the County Flood Control District over an old obligation to Muscoy Hater Company with respect to vehicular crossings which they interpret to be bridges to the property. This may involve the Agency in that It is likely we will attempt to renegotiate a pass-through of tax Increment from the County to the Agency. The original, temporary pass-through agreement for the Northwest project area expired without being replaced by a permanent agreement. Agency and County representatives were involved in an attempt last year to develop a permanent agreement. Negotiations were suspended to expedite the Northwest Shopping Center which Is dependent upon the loan of CDBG float money from the County. · Estimated Development Value: Unknown Public Enterprise Center · Description: The Agency owns the mostly empty PEC building on the SHC of Hestern and Highland Avenues. The six existing tenants are the City library, the Community Access Cable TV studios, the Drop-in Center run by Parks and Recreation, the branch Post Office and bill payment center, People's Choice, and the Northwest Project Area Committee. - 8 - o c - - - ! II -- o o · Status: The building was badly In need of correcting deferred maintenance when it was acquired by the Agency from Operation Second Chance. Some progress has been made, but major roof repairs and the possibility of replacing the HVAC system remain as does the renovation and refinishing of exterior wood surfaces. General operations and maintenance costs the Agency about $240,000 per year. A Community Development Commission approved task force/citizen's committee has been formed to develop consensus on a self-sustaining, long-term use for the building. Specific proposals Include use as a business Incubator, as a vocational training center, as a day care center, etc. The committee has approved Issuance of an Request For Proposals to obtain the services of qualified expert to develop cost estimates for restoration and remodeling of the building as well as assistance on the selection of uses and evaluation of fi nanclng sources. The RFP wi 11 be Issued during June 1989. Arrowhead Health Care Systems · Description: A 75,000 SF professional medical office complex to be built partly on land owned by Arrowhead (former school property) and partly on land now owned by the Agency (former park property) on the west side of Medical Center Drive south of 19th Street.. · Developer: Arrowhead In joint venture with Dowdell Corporation, a subsidiary of Xerox. · Status: Although the Agency Is In escrow with Arrowhead, an amendment to the Disposition and Development Agreement Is required. The date for close of escrow must be extended, the vesting must be changed, and Arrowhead has not yet performed on certain Improvement requirements of the City In connection with the construction of the new hospital addition. Staff has proposed a concept that meets the needs of Arrowhead and will still provide for construction of the Improvements. Arrowhead has not responded. · Estimated Development Value: $8,000.000 SHC of Baseline and Mt Vernon · Description: A retangular-shaped piece of ground totaling 3.6 acres including ~0.5 acres owned by the Agency. There Is an existing, abandoned Pioneer Chicken on the corner, but the balance of the site Is vacant. The proposed General Plan land use designation would allow for either commercial uses or multi-family uses on the site. · Status: The Agency's economist is analyzing the development potential for the site. He will then consider whether an Agency-sponsored or -assisted project Is worthwhile. ~ · Estimated Development Value: Unknown - 9 - o o o - 4. - o o Senior Citizens HouslnQ Pr01ect · Description: A 50 unit senior citizen residential project to be built on land owned by Arrowhead Health Care Systems. The proposed financing comes sot from the County Housing Authority and sot from the Agency. The Agency's share will be obtained from the sale of tax allocation bonds secured by revenues from 20t set aside funds. · Status: The City's Department of Community Development is Involved In the negotiation of the various leases, agreements, and studies required to form the project. · Estimate Development Value: $2,000,000 - 10 - A - - ~ - - o o o STATE COLLEGE PROJECT AREA Greenleaf Development · Description: A 'speculation development of ten industrial buildings totaling 350,000 SF expected to produce 700 jobs. · Developer: Greenleaf/Neely Investors. · Status: The project has received all entitlements. Developer has requested assistance (which the Agency's economist says is warranted) for the cost of improving a city-owned storm drain that conveys water underneath the freeway and through the development to a public street. An assistance agreement is being drafted for consideration that would provide reimbursement of $100,000 for the improvement. · Estimated Development Value: $13,000,000 o College Parkway Development Associates · Description: Ten parcels of land on the SHC of University Parkway and 1-215. Existing development is comprised of Papa's Pantry, Motel 6, and Taco Bell. · Developer: College Parkway Development Associates. · Status: .College Parkway received a loan of $350,000 from the Agency secured by second trust deeds. It was substantially paid back and then reloaned under an amendment to their loan agreement which substituted new deeds of trust. The loan has now been paid down to $140,000 in connection with releases of various parcels. They are asking that the Agency once again loan funds for the final phase of the development and increase the principal balance to $500,000. The developer has not met the time requirements for construction of Phase II and is now in default. Agency staff together with our economists are evaluating the developer's proposal to determine if the project is eligible for further Agency assistance. · Estimated development Value: $15,125,000 o - 11 - o o o ~ _ _ J& ~ - ~ ~ o o University Villaqe Apartments · Description: A 197 unit apartment project on the NEC of University Parkway and Kendall Drive on land assembled by the developer and by the Agency. In addition to site assembly, the Agency will reimburse a portion of the landscaping expenses required to screen the development from the entrance to the University. · Developer: University Village Associates. · Status: The apartment units are complete and have received certificates of occupancy from the city. The developer has a remaining obligation to complete landscaping in the median of North Park Boulevard and on a one acre park site adjacent to the University. Developer has requested construction draws on the balance.of the Agency assistance available under his agreement, but has not yet responded to recent Agency correspondence. · Estimated Development Value: $7,500,000 Westslde CDC Buildinq on Hallmark . Description: The Agency holds a second deed of trust on an 18,000 SF building on Hallmark Parkway. The building was constructed with EDA grants and Is subject to a management agreement. Trust Deeds on the property are as follows: 1st TD 2nd TD 3rd TD Bank of Calif Agency Morgan & Franz $ 184,328 82,170 54,990 $321,488 · Developer: Hestside CDC. · Status: The bank is pursuing a foreclosure action, but the sale has been postponed monthly. The current sale date is June 23, 1989. NEC of 27th Street and Little Mountain Drive · Description: A privately owned ~14 acre site proposed to be designated as commercial office in the amended General Plan. Thls is the last major piece of vacant land in the area and ls at the approximate center of the preferred area located by the consultant who assessed alternative locations for a pollee headquarters building. - 12 - o o o ~ - o o · Status: The Agency's economist Is conducting an analysis of the site's potential. A number of studies would be required for development of the property Including storm water control and traffic assessment studies. The location Is convenient to freeway access for both 1-215 and Route 30. It Is not Immediately adjacent to mapped fault zones and is unlikely to have Liquefaction potential. He will consider whether an Agency-sponsored or -assisted project is worthwhile once we receive the economist's report. · Estimated Development Value: Unknown. - 13 - o c o L - o o SOUTHEAST INDUSTRIAL PARK Sunset BusIness Park · DescrIptIon: Twelve low-rIse offIce/commercIal buIldings (nIne under agreement wIth the Agency) on HospItalIty west of Hunt's Lane. . Developer: The Sunset Group. · Status: EIght offIce buIldIngs and one commercial buIldIng have been completed and the fIrst seven of these have received partIal certifIcates of completIon. Three more buIldIngs wIll be buIlt under the remaInder of the agreement. The fIrst seven offIce bu11dlngs were three-story structures, but the most recent was a four-story buIldIng. Rough gradIng has been completed for the remaInIng buIldIngs, but constructIon wIll depend upon market condItIons and the provIsIons of the General Plan amendment (the developer Is ahead of the schedule in the agreement). ContInued development of four story and hIgher buIldIngs wIll be dependent upon mItIgatIon of sIgnIfIcant traffIc Impacts and may requIre structured parkIng. The developer had prevIously applied for a UDAG award to assist the fInancIng of a parkIng structure, but had to wIthdraw the applIcatIon because cIty ordInances dId not allow the constructIon of the taller offIce buIldIngs by rIght. Because the development was not, therefore, ready to proceed. It could not meet the "but for" test requIred for the grant. A specIal study wIll be made by the PlannIng Department after the General Plan amendment Is adopted to develop buIldIng heIght requIrements for the Commerce Center/Trl-Clty area. San BernardIno Auto Plaza · DescrIptIon: A regIonal auto plaza contaInIng 11 new car dealershIps added to 2 exIstIng dealershIps plus an auto servIce center and ancIllary retaIl buIldIngs on Auto Plaza DrIve west of I-21S. · Developer: Orange Show Plaza AssocIates. · Status: Master sIte Improvements and sIx of the new car dealershIps have been completed. A seventh dealershIp (Acura) Is under constructIon. Number eIght (Volvo) has recently closed escrow as has Nlssan who purchased a "two dealershIp" site. One dealershIp site remaIns avaIlable. The developer Is behInd schedule on the commercIal parcels, but has entered escrow wIth a substItute developer, B & M. He are negotIatIng an Amended and Restated OPA to allow transfer to the new developer and set development requIrements. · EstImated Development Value: $8.000,000 - 14 - o o c::> Friedlander Auto Dealershio (Acura) · Description: New Acura Car Dealership for San Bernardino Auto Plaza o o . Developer: Herb Friedlander · Status: Because construction of the dealership fell behind the date called for in the underlying Auto Plaza OPA, negotiations with Herb Friedlander led to a separate OPA covering just this dealership. Under its terms, Mr. Friedlander deposited $75,000 with the Agency, which could be refunded if the following construction deadlines were met: Obta in bui 1 di ng permits - by May I, 1989 Start construction - by July I, 1989 Certificate of Occupancy - by January I, 1990 To date, the initial $25,000 has been refunded and construction Is progressing on schedule. TeonQ Kay (formerly referred to as T. J. Burris) · Description: Thirty-five acres of industrial property located north of Brier Road and west of Tippecanoe Avenue. · Owner: Teong Kay (who also owns significant additional acreage to the south in Tri-City project area). · Status: In violation of the Agency's deed restrictions, the property was sold several times after disposition in 1979. The current owner is negotiating with us to clear up the defaults and substitute enforceable commitments for development. · Estimated Development Value: $5,000,000 DeGroot/Sunset Grouo · Description: A 20,000 SF industrial building to be built on Riverview Drive. · Owner: Ted and Jacqueline DeGroot (recently joint ventured with The Sunset Group). · Status: The agreement has been amended five times to allow in-lieu fees to be paid instead of proceeding with construction. Construction is once again overdue, but this time The Sunset Group is interested in amending the agreement for a longer time frame and is considering substituting themselves for DeGroot. He have been receptive to the concept of substitution and have suggested a format for the new agreement which still retains the concept of in-lieu payments until construction is completed. · Estimated Development Value: $600,000 - 15 - - o o c::> Klnq Default · . Description: An 11.3 acre parcel of Industrial property on the NWC of Tippecanoe and Cooley Avenues. Obligated to construct 5 Industrial buildings totaling 145,000 SF and worth $5,000,000 under an agreement signed In 1979. . Developer: Chuck King & Associates. · Status: Only one building (23,000 SF> was built and a second Is currently under construction. Developer owed the Agency $44,000 in In-lieu fees as of January I, 1989. On November 21, 1988, the Commission authorized the City Attorney to proceed with litigation to recover the fees due. Rockwell International o · Description: Modification of existing Industrial buildings at the west end of Cooley Avenue for aerospace design, production, and testing facilities for the MX rail garrison program. · Status: The Agency has an agreement to provide $770,000 In assistance to Rockwell over a period of 5 years In exchange for 1250 man years of employment. Rockwell has successfully bid for another project and is debating between carrying the project out In existing facilities In Huntington Beach or placing It Is San Bernardino. They have recently met with Agency Staff to discuss further assistance which would Involve additional parking, both for the existing and for the new programs. The discussions are preliminary at this time, but could involve an amendment to the existing agreement. · Estimated development Value (current project>: $12,000,000 o - 16 - o o o 4. G. - - o o SOUTH VALLE PROJECT AREA The Club Center · Description: A large scale, discount retail, center In South Valle located on Caroline Street between Hunts Lane and Waterman. · Developer: SP Investments. · Status: Construction Is complete, except that the agreement will require an amendment, which Is currently being reviewed by staff, before a certificate of completion can be Issued. The square footage.was less than required by the agreement, but the value has been exceeded. The project was also completed several years ahead of schedule. On a related matter, the Department of Public Works/City Engineer, on behalf of the Agency, Is completing the construction ofa railroad crossing on Hunts Lane In cooperation with Colton. · Estimated Development Value: $10,000,000 - 17 - o o o - ~- o o TRI-CITY PROJECT AREA Pace Warehouse · Description: A 150,000 SF discount retail center featuring Pace Warehouse and Sportmart with additional retail shops and a restaurant site located on Harriman near Hospitality. Agency agreed to provide $1.200,000 in assistance. · Developer: Alexander Haagen Company and Doug Golding. · Status: All development is complete with the exception of the restaurant site. An amendment is required and the developer is currently assembling information on the values of the completed construction. · Estimated Development Value: $6.000.000 Tri-Citv Corporate Center · Description: A regional commercial and business center totaling 2 million SF with a value well in excess of $150 million ($50 million under agreement to the Agency) located on the site of the old Tri-City Airport. · Developer: Rancon Realty Funds IV and V. · Status: Twelve buildings, including two four story and one six-story office building, have been completed. Current construction has slowed. but a regional headquarters building and operations center for Santa Fe is in process. The Agency's obligations include the construction of a new off-ramp for 1-215 which is currently estimated to cost $1.2 million. Southeast Industrial Park, which also benefits from the relocation, may be the current source of funds for this improvement although it could eventually be paid for from tax increment off the Rancon project. Rancon has requested further Agency assistance on the construction of approximately $1.8 million in public improvements. Staff are continuing to work with Rancon to define the request and the need for assistance. This will probably conclude during summer 1989. · Estimated Development Value: $150,000,000 - 18 - 1 ~ ~ o o c::> Santa Fe Relocation · Description: The retention and relocation of the Santa Fe Yard Office and facilities to provide control of all Santa Fe trains operating in the State. This is a large dispatch center requiring specialized communication and control equipment. The Agency is contributing $100,000 in relocation assistance. · Developer: Santa Fe. · Status: Construction in process. · Estimated Development Value: $3,800,000 in special equipment. o o - 19 - o o o ~ - ~. o o UPTOWN PROJECT AREA Rlalto and I Site · Description: The Agency owns a 13.000 SF building on a 48,709 SF lot on the NEC of Rlalto and I (the former Washington Elementary School). The proposed General Plan land use designation Is Light Industry. · Status: The Agency's economist Is studying the feasibility of the redevelopment of the whole block from Rlalto to Second Street on the east side of I Street. This would Involve acquisition and demolition of existing structures and would produce the first significant development for the Uptown project area In accordance with the new General Plan design. Staff expect the appropriate data to be available during June 1989. A decision on whether It Is appropriate to proceed can be made during July 1989. · Estimated Development Value: Unknown - 20 - o o o - liS! o o OTHER DEVELOPMENT ACTIVITIES Enterprise Zone · Description: The existing Enterprise Zone sunsets in November of 1989. Staff is preparing a report on the effect of the zone's existence from inception as well as for the last year of operation. · Status: An application was made for a federally designated enterprise zone. Our raw score for the rating criteria was low, but we have requested special consideration because the proposed zone is adjacent to Norton AFB and wou.ld be an important tool in offsetting the effects of the closing of the base. NEIGHBORHOOD SPIRIT (Formerly Referred to as "Love Thy Neighborhood") · Description: The Agency, with consulting assistance from SGH Development Group and in cooperation with Community Development staff, is studying a .three-part program for the rehabilitation of detached single family homes that would be funded from the Agency's low- and moderate-Income set aside funds. The program includes incentives for renters as well as owners. It has a grant component for exterior painting, a zero Interest loan component for exterior improvements, and a low interest loan component for home rehabilitation. Conceptually this program would be marketed and Implemented by the Community .Development Department. Funds would be disbursed from the Agency's set aside accounts. In Garden Grove, this program was targeted in certain neighborhoods and coupled with other city programs to provide security Inspections, street resurfacing, sidewalk reconstruction, graffiti removal, etc. This additional option is also being considered for San Bernardino. · Status: The Garden Grove program is being examined for It's applicability to San Bernardino and program guidelines, implementation procedures, sample agreements, loan procedures, and financing alternatives are being developed. We anticipate presentation to the RDA Committee and the Commission in July. Proposed Norton Redevelopment Project Area · Description: A %3,500 acre study area including Norton AFB, city lands west and southwest of Norton, and county Islands within the city. This would potentially be a joint powers redevelopment project area involving both the city and county. - 21 - o o o L ~ o o · status: The Commission has authorized a detailed study of the proposal. An RFP has been developed for consulting services for plan adoption and It will be issued once we have resolved the direction In which the redevelopment project will go. The first steps Involve the development and analysis of proposed target areas and a draft preliminary plan developed In cooperation with the Norton Economic Expansion Committee. Proposed Mt Vernon Business Corridor Redevelopment Pr01ect Area · Description: A targeted study area principally focused on Mt. Vernon Avenue, Foothill Boulevard and the Santa Fe freight yards. · Status: The Commission authorized staff to begin a detailed study of the proposal. An RFP for plan adoption consulting services has been Issued and a recommendatIon will be made to the Commission in July. The first steps Include an Initial determination of financial viability, development of survey area options, proposed target areas, preliminary analysis of each proposed target area and presentation of a prelIminary plan. A Community Advisory Committee is expected to be an early part of the program and it Is likely to transition to a Project Area Committee after the Planning Commission adopts the preliminary plan. The Initial survey area options will be developed In cooperation with the Community Advisory Committee for presentatIon to the Commission. - 22 - - l o o c::> ADMINISTRATIVE SUPPORT ACTIVITIES Audit FindinQs With the exception of the fund accounting issues, all of the audit report exceptions cited by Eadie & Payne and Peat Marwick Main & Co., have either been addressed or corrections will be finalized by June 30, 1989. One portion of the Eadie & Payne audit relating to mortgage revenue bonds was not completed as the Agency's accounting records were not adequately reconciled. This issue will be addressed over the next two months. Financial Planning The Agency issued an RFP to obtain the services of a financial planning consultant and selected the firm of Katz, Hollis, Coren & Associates. The first portion of the Katz Hollis study, an analysis of revenues and bond obligations, will be completed by June 30, 1989. To date, an initial assessment of the Agency's financial systems and activities has been submitted. A contract amendment is necessary and will be proposed to authorize Katz Hollis to conduct further analysis on the Agency's financial condition and systems. c BudQet The proposed budget documents for fiscal year 1989-90 have been reformatted and a manual developed to Improve tracking of expenditures and revenues 'for each project area. The proposed 1989-90 fiscal year budget for the Agency will be submitted to the Commission In July for review In accordance with a request by the Redevelopment Committee. To ensure that the Agency can continue to operate as of July 1, 1989, a continuing resolution will be presented to the Commission at Its meeting of June 19, 1989. Agency Reports and Informational Documents Various Agency reports and other Informational documents have been revised or developed for public dissemination. The Annual Report has been reformatted and distributed. Owner Participation Procedures and Developer Relations Guidelines have been adopted and printed and are being distributed on a regular basis. A redevelopment informational booklet has been completed and will be a valuable tool as new project areas are adopted. A Development Summary and a City Profile are currently being researched for publication over the next several months. An overall marketing plan will be developed In conjunction with the appropriate CIty entitles over the next fiscal year. o - 23 - _ 1_ o o c::> Administrative Procedures As suggested In the Agency's audit reports, administrative procedures have been Implemented or revised pertaining to the procurement and payment function, travel and mileage expenditures, business expenses, and Inventory control. A number of administrative procedures relating to Internal office operations have also been revised to enhance sound management practices. The balance of the Agency's administrative procedures are currently under review. Any necessary amendments will be made by the end of the first quarter of fiscal year 1989-90. Employee Lonq-Term Disability (LTD) Insurance Bids for a proposed employee LTD program have been solicited and received, and are being reviewed by staff. A recommended program will be submitted to the Commission for review concurrent with the 1989-90 budget. Personnel ~ollcles and Procedures o The personnel policies have not been formally revised since 1981. The personnel manual has been reviewed and draft revisions will be submitted to legal review by the middle of June, 1989. They will subsequently be shared with all Agency staff for review and comment. Revisions will be recommended to the Commission In July, 1989 for adoption. Concurrently, we will be developing an employee performance planning and measurement system. Review of Stafflnq Component Staffing assignments and levels are currently under review and some Initial reassignments have already been Implemented with others pending. However, In order to properly organize and posture the Agency's staff, It will be necessary to create, reclassify and or delete certain positions. This process will entail revisions to the Personnel Policies and Procedures and appropriate adjustments to our personnel budget authorization. A proposed reorganization plan will be submitted to the Commission as a part of the recommended budget. o - 24 -