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HomeMy WebLinkAboutR02-Economic Development Agency o o o ~, ~ .L ~ , ... . o o REDEVELOPMEB'l COIftlTTEB MINUTES REGULAR MBBTING April 4, 1991 4:00 p.m. The Regular Meeting of the Redevelopment Committee was called to order by Chairwoman Esther Estrada at 4:16 p.m., in the Economic Development Agency Conference Room, Fourth Floor, City Hall, 300 North "D" Street, San Bernardino. ROLL CALL Roll call was taken with the following members being present: Chairwoman Esther Estrada, Committee Members Jack Reilly and Michael Maudsley. STAFF PRESERT Mayor W. R. Holcomb; Timothy C. Steinhaus, Administrator, Economic Development Agency; Kenneth J. Henderson, Executive Director, Development Department; John Martin, Senior Assistant City Attorney; John Hoeger, Development Division Manager, Development Department; Lorraine Velarde, Executive Assistant to the Mayor; Phil Arvizo, Executive Assistant to the Council; Gerald Butler, Director, Mobile Home Rent Board; Deborah Marez, Recording Secretary, Development Department. OTHERS IN ATTBlOlARCB Cassie MacDuff, The Sun; Lori Zito, Elderly Development Corporation. 1. WILMORE DBVELOPMEB'l CORPORATION (ab: ELDERLY DEVELOPMEB'l CORPORATION) EXCLUSIVE RIGHT TO IIBGOTIATB (ERR) Al:V~L Kenneth J. Henderson, Executive Director of the Development Department, stated the Community Development Commission referred this item to the Redevelopment Committee because of concerns expressed relative to the economic status of prospective tenants renting apartments in the proposed facility and the impact on the downtown area. Correspondence identifying the Commission's concerns in connection with the project was transmitted to Elderly Development Corporation (EOC). Staff has since received a proposal from Elderly Development Corporation along with a $5,000 "good faith" deposit in connection with the Exclusive Right to Negotiate (ERN) agreement. He noted that the applicant has indicated, under separate cover, that they anticipate spending approximately $75,000 in connection with all the activities set forth in the staff report, including the feasibility analysis. REGULAR MEETING 5347R (dIm) 1 REDEVELOPMENT COMMITTEE APRIL 4, 1991 .".~ o o () - o o Chairwoman Estrada requested clarification between "key assumptions as to economic feasibility" and "feasibility study." According to Ms. Estrada, staff report did not clearly define if a feasibility study would be conducted during the six (6) month period, in addition to the key assumptions. She felt that the feasibility study should accomplish specific findings and determinations and requested that these be defined. Ms. Lori Zito of Elderly Development Corporation reported to the Committee as to what the intentions and expectations of conducting the feasibility study are, as well as, criteria to be reviewed in terms of lenders. She also indicated that two (2) months would be sufficient time to conduct the study as a brief economic and demographic analysis relative to the various economic levels of the area's current residents has been completed. One-hundred, fifty (150) units are anticipated, of which seventy-five (75) will be geared towards the frail and elderly and the remaining seventy-five (75) will be market rate/low income units. The project will be esthetically designed to complement the downtown area, provide housing for two (2) district economic stratas and ensure the highest and best use of the site. The Redevelopment Committee considered this matter and recommended approval of this item with the proviso that the Exclusive Right to Negotiate (ERN) agreement be amended to reflect the development and submission of an economic feasibility study during the period of the Exclusive Right to Negotiate (ERN) agreement. RECOMMEImATIOl'l The Redevelopment Committee recommended this item be forwarded to the Community Development Commission for approval on April 15, 1991 and that the changes relating to the feasibility study be made prior to the Commission meeting. 2. CCS WATER TIIBMB pARr (SURF CITY USA) PROPOSAL John Hoeger, Development Division Manager, reported that negotiations have reached an impasse and that staff is presently exploring several possibilities, such as scaling back the project, or to consolidate the water park on the southerly property of the flood control chsnnel. Meanwhile, the Planning Commission has recommended land use changes to the Central City South Plan. Planning staff is re-drafting the Plan to reflect these changes prior to presentation to the Council on or after April 15, 1991. RECOMMEImATIOl'l .The Redevelopment Committee received and filed this item. REGULAR MEETING 5347R (dIm) 2 REDEVELOPMENT COMMITTEE APRIL 4, 1991 o o o o o 3. AfoumJJI'IUIT TO CO.ft.uuTY DBVBLOPMBRT COMKrSSIOlf PERS AGUEMDT (Previously Provided Under Separate Cover) Chairwoman Estrada stated that the documentation relating to Redevelopment Committee Agenda items numbered three (3) through (7) seven were reviewed. Committee Member Maudsley requested that each of the Councilmembers receive copies of these items prior to the next regularly scheduled Community ~Development Commission meeting. Kenneth J. Henderson, Executive Director, Development Department indicated these items had already been provided to each Councilmember. RECOMMElfDATIOlf The Redevelopment Committee recommended this item be forwarded to the Community Development Commission for consideration and/or action at the April 15, 1991 meeting. 4. IDA MAlfA"KflKlIIT AlfD COD'IDD'l'IAL EMPLOYEE COIlPllllSATIOlf AlfD BElfEFITS PLAII (Previously Provided Under Separate Cover) RECOPlMElfDATIOlf The Redevelopment Committee recommended this item be forwarded to the Community Development Commission for consideration and/or action at the April 15, 1991 meeting. 5. EDA PERSORlfEL POLICIES AlfD PROt:Rllml1!S FOR MID-IWU.GERS (Previously Provided Under Separate Cover) RECOflllElfDATIOlf The Redevelopment Committee recommended this item be forwarded to the Community Development Commission for consideration and/or action at the April 15, 1991 meeting. 6. EDA PBRSORlfEL POLICIES AlfD PROCEDURES FOR GElIERAL UlfIT EMPLOYEES (Previously Provided Under Separate Cover) RECOflllElfDATIOlf The Redevelopment Committee recommended this item be forwarded to the Community Development Commission for consideration and/or action at the April 15, 1991 meeting. REGULAR MEETING 5347R (dlm) 3 REDEVELOPMENT COMMITTEE APRIL 4, 1991 IQ I () o o o 7. EDA EMPLOYEE COMPllllSATIOR T.KVR'UI AIID SAT.AIlY RAlIGES (Previously Provided Under Separate Cover) RECOMMERDATIOR The Redevelopment Committee recommended this item be forwarded to the Community Development Commission for consideration and/or action at the April 15, 1991 meeting. 8. MOBILE HOME pAIlI!' RDlTAL ASSISTARCE PROGRAM Kenneth J. Henderson, Executive Director, explained that this item was on the Redevelopment Committee agenda because it would require the use of Twenty Percent (20X) Set Aside funds. The Mobile Home Rent Board staff is recommending that the Redevelopment Committee recommend to the Mayor and Common Council and Community Development Commission approval of the transfer of the Mobile Home Park Rental Assistance Program from the County of San Bernardino to the City of San Bernardino. Further, staff is recommending that the Redevelopment Committee recommend to the Community Development Commission appropriation of $100,000 in Twenty Percent (20X) Set-Aside Housing Funds to re-capitalize the Mobile Home Park Rental Assistance Program. Gerald Butler, Director of Mobile Home Rent Board, summarized for the Redevelopment Committee the Mobile Home Task Force findings as noted in the staff report. Out of the hundred, sixty (160) applications received and processed, forty-two (42) applicants qualified and are receiVing funding assistance. He reported that the $50,000 of Twenty Percent Set Aside Funds allocated to the program has been expended. The Mobile Home Rent Board's recommendations to the Mayor and Common Council were reviewed and discussed. Lengthy discussion ensued regarding the percentage of applicants which qualify for assistance under the present and proposed eligibility criteria; the actual amount which should be set aside to fund the program based on the expected dissemination of funds; the impact the program would have on social security recipients due to increase income, and; the establishment of a staff position to assist in the completion of the application and other related duties. Kenneth Henderson stated that the more liberalized threshhold requirements reduce the minimum amount used for housing from fifty percent (50X) to thirty (30X) of income. This recommendation is consistent with the Housing and Urban Development (RUD) Guidelines, but would automatically qualify a significantly higher number of households. Committee Member Maudsley was concerned that the annual allotment of $100,000 from Twenty Percent (20X) Set-Aside funds would not be s~fficient to cover the anticipated increase in eligible households.. He felt a system to appropriately administer the various functions involved in the program such as staffing, computer time and resources, distribution of monthly checks should be in place and requested that the program be scrutinized to ensure the budget figures are realistic. REGULAR MEETING 5347R (dlm) 4 REDEVELOPMENT COMMITTEE APRIL 4, 1991 o o o o o RECOIMDDATIOI!I' The Redevelopment Committee took action continuing this matter for thirty (30) days. 9. DISPOSITIOI!I' AI!I'D DBVELOPMDIT ACRRRMRII'I' BBTWEEI!I' REDBVELOPMDIT AGEI!I'CY AI!I'D COUI!I'TY OF S8 BBRllnDIRO ROUSII!I'G AUTHORITY Kenneth J. Henderson, Bxecutive Director, reviewed the staff report relating to the fifty-one (51) unit senior housing complex that the agency is joint venturing with the County of San Bernardino Housing Authority which is near the interestion of 16th Street and Medical Center Drive. The groundbreaking for this complex was held on March 5, 1991. The City previously appropriated $1.2 million from the twenty percent set aside housing fund and the total project is anticipated to cost $2.7 million. The Housing Authority will be making up the difference. Chairwoman Estrada requested that the anticipated net profit and flexibility for the use of the fund come back to the Development Department as opposed to the Housing Authority. The net profit could then be used for other housing projects designated by the Commission. The Redevelopment Committee recommended to the Community Development Committee Commission approval of the Disposition and Development Agreement (DDA) between the Redevelopment Agency of the City of San Bernardino and the County of San Bernardino Housing Authority, provided, however, that language be incorporated within the DDA which states that any net operating profit generated from the administration of the project be remitted to the City on a pro-rata basis in an amount equal to the City's share of the construction financing. This stipulation can be found at Section 2.8.7 of the subject Agreement. RECOMMEI!I'DATIOI!I' The Redevelopment Committee recommended that the Community Development Commission approve and adopt the DDA between the Redevelopment Agency of the City of San Bernardino and the Housing Authority of the County of San Bernardino for the development of a fifty-one (51) unit senior housing complex. This item will go forward to the Community Development Commission on April 15, 1991 with the stipulated changes. 10. I!I'BW FROlllTIBR OPTIOI!I' ACRlmlwo: (WEST SIDB PLAZA) Kenneth Henderson, Executive Director, stated that items numbered 10 through 13 pertained to the West Side Plaza and distinguished between the reasons for the separate items and how they related to each other. The DDA's specified deal points as set forth in the Option Agreement and reflected in the staff report was reviewed and discussed. REGULAR MEETING 5347R (dIm) REDEVELOPMENT COMMITTEE APRIL 4, 1991 5 o Q o ) . . 1 - - o o A lengthy discussion ensued relating to the line of credit to be issued by Wells Fargo to secure float loans; the unresolved 1.5 percent annual letter of credit fee; the opportunity to renew float loans if necessary; and other related issues. The final Option Agreement executed by New Frontier officials was reviewed and approved by Agency Counsel and the Redevelopment Committee. The Redevelopment Committee recommended this item go forward for approval. RBCOMlmmATIOIl The Redevelopment Committee recommended this item be forwarded to the Community Development Commission on April 15, 1991 for approval. 11. AMBImMKWr TO WEST SIDK PU7.A DISPOSITION AND DKVBLOPMElIIT ACRKRMRl!IT _ (Verbal Report) Kenneth Henderson provided information relevant to the amendment to the West Side Plaza Disposition and Development Agreement for the Committee. IplCOMMKlllDATION The Redevelopment Committee recommended this item be forwarded to the Community Development Commission on April 15, 1991 for approval. 12. WEST SIDK PU?A CDBe FLOAT LOAN - (Verbal Report) Kenneth Henderson provided information relevant to the West Side Plaza CDBG Float Loan. RBCOMMKlllDATION The Redevelopment Committee recommended this item be forwarded to the Community Development Commission on April 15, 1991 for approval. 13. WEST SIDK PU7.A - FLOAT LOAN GlJARARTD:S (WRT.T.!I FARGO LINK OF CREDIT) - (Verbal Report) Kenneth Henderson provided information relevant to the West Side Plaza Float Loan Guarantees relating to Wells Fargo line of credit. A lengthy discussion ensued relating to the line of credit to be issued by Wells Fargo to secure float loans; the unresolved 1.5 percent credit fee; the opportunity to renew float loans if necessary; and other related issues. RBCOMMBlllDATION The Redevelopment Committee recommended this item be forwarded to the Community Development Commission on April 15, 1991 for approval. RBGULAR MEETING 5347R (dim) 6 RBDEVELOPMEI!IT COMMITTEE APRIL 4, 1991 o o o o o 14. NEW ITEM - ORABGB SHOW Jm'ABSION Mayor Holcomb handed out a letter from Bruce D. Varner, President of the National Orange Show, requesting an agreement between the City of San Bernardino Development Department and the National Orange Show (NOS) relative to the site improvements for the new $9,000,000 Satellite Wagering Facility. The NOS requested financial assistance for the installation of the pavement, street lights, sewer and water service. In return the NOS will commit to the following: 1) license fees generated at the Satellite Wagering Facility; 2) renew the fire station lease for 25 years; 3) provide landscaping on Arrowhead Avenue, and; 4) continue to make grounds available for driver training for City police, fire and Omni-Trans. Chairwoman Estrada said the negotiations of sewer and water hookups only could be determined by the Water Board and added, if the waiver was not obtained, additional assistance might be requested. She asked if any building permits were being acquired and paid by NOS relative to the new facility. A suggestion that the loan be paid back against their future receipts off the satellite wagering was made. Discussion ensued regarding annexation and licensing fee exemptions. Chairwoman Estrada recommended a cost benefit analysis be conducted, particularly in providing police security services to maintain the NOS year-round activities. RECOMMEBDATION The Redevelopment Committee recommended that the Community Development Commission deny the request for assistance. This item will be forwarded to the Community Development Commission meeting on April 15, 1991. 6. CLOSED SESSION The Redevelopment Committee recessed to Closed Session at 5:32 p.m.,to discuss the following: a. Pursuant to Government Codes Section 54956.8, the Redevelopment Committee of the Development Department of the City of San Bernardino will now convene in Closed Session to discuss with its negotiator the purchase, sale, exchange or lease of real property, and give instructions to its negotiator concerning the price and terms of payment for the purchase, sale, exchange or lease of real property. d. Pursuant to Resolution Number 5272, the Redevelopment Committee of the Development Department will convene in closed session to discuss matters of sensitive negotiations with development clients. REGULAR MEETING 5347R (dIm) 7 REDEVELOPMENT COMMITTEE APRIL 4, 1991 () o o o o 7 . ADJotJRIIIMDT There being no further business, the meeting of the Redevelopment Committee was adjourned at 6:30 p.m., to April 18, 1991. APPROVED BY: Esther Estrada, Chairwoman Redevelopment Committee REGULAR MEETING 5347R (dlm) 8 REDEVELOPMENT COMMITTEE APRIL 4, 1991 o o o -~ - - - o o 14. lIIEW ItEM - ORANCB SHOW EXPAIISIOR Mayor Holcomb handed out a letter from Bruce D. Varner, President of the National Orange Show, requesting an agreement between the City of San Bernardino Development Department and the National Orange Show (NOS) relative to the site improvements for the new $9,000,000 Satellite Wagering Facility. The NOS requested financial assistance for the installation of the pavement, -street lights, sewer and water service. In return the NOS will commit to the following: 1) license fees generated at the Satellite Wagering Facility; 2) renew the fire station lease for 25 years; 3) provide landscaping on Arrowhead Avenue, and; 4) continue to make grounds available for driver training for City police, fire and Omni-Trans. Chairwoman Estrada said the negotiations of sewer and water hookups only could be determined by the Water Board and added, if the waiver was not obtained, additional assistance might be requested. She asked if any building permits were being acquired and paid by NOS relative to the new facility. A suggestion that the loan be paid back against their future receipts off the satellite wagering was made. Discussion ensued regarding annexation and licensing fee exemptions. Chairwoman Estrada recommended a cost benefit analysis be conducted, particulsrly in providing police security services to msintsin the NOS year-round activities. RECOMMERDATION The Redevelopment Committee recommended that the Community Development Commission deny the request for assistance. This item will be forwarded to the Community Development Commission meeting on April 15, 1991. 15. CLOSED SESSION The Redevelopment Committee recessed to Closed Session at 5:32 p.m.,to discuss the following: a. Pursuant to Government Codes Section 54956.8, the Redevelopment Committee of the Development Department of the City of San Bernardino will now convene in Closed Session to discuss with its negotiator the purchase, sale, exchange or lease of real property, and give instructions to its negotiator concerning the price and terms of payment for the purchase, sale, exchange or lease of real property. d. Pursuant to Resolution Number 5272, the Redevelopment Committee of the Development Department will convene in closed session to discuss matters of sensitive negotiations with development clients. REGULAR MEETING 5347R (dlm) 7 REDEVELOPMENT COMMITTEE APRIL 4, 1991 o () o - o o 16. A MnlJlUU'IKIIT There beina no further buBineaa, the meeUna of the Redevelopment Committee was adjourned at 6:30 p.m., to April 18, 1991. APPROVED BY: ~& 'Eather Estrada, Chairwoman Redevelopment Committee REGULAR MEETING 53472 (dlm) 8 REDEVELOPMENT COMMITTEE APRIL 4, 1991