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HomeMy WebLinkAboutR11-Economic Development Agency o o o o o DEVELOPMBRT DEPJuunr.n.a: OF 'lIIE CITY OF SAIl IlDIWlDIBO RlI:OUEST FOil COMMISSIOW/COOWCIL ACTIOB From: amm:B J. BERDEIlSOII Executive Director Subject: ARDER/c:urBRIE ADA UVITALIZA'J:IOB PLA1I Date: July 31, 1991 ll)onopsis of Previous C~ssicmlCo1DlCil/C~ttee Action: On January 7, 1991, the COIIlIIIUJlity Development Commission approved and adopted an agreement between the Co_ission and HomeAid, Inc. On July 24, 1991, the Co_unity Development Commission conducted a workshop in connection with the Arden-Guthrie Area Revitalization Plan and approved in concept said Plan (Sunrise Village Revitalization Plan). )tee_ended Motion: (C....-nnitv lMvelftnBl!Ilt c........ion) That the CODlllunity Development CODIIIission conduct a workshop regarding the financing and implementation plans for Sunrise Village Revitalization Plan (Arden/Guthrie Area) prepared by HomeAid, Inc., and take any action deemed appropriate. AdII1nistrator OB Bzecutive Director Contact Person(s): Ken Henderson/Doris Daniels Phone: 5081 Project Area(s): II/A Ward(s): "4" and ",,, Supporting Data Attached: Staff Renort FUNDING REQUIREMENTS: Amount: * N/A N/A Source: Budget Authority: COIDissicmlCouncil Botes: KJH:DAD:lab:0071E CIMfiSSIOB AGERDA .Meeting Date: 08/05/91 Aaenda Item Bo: II o o o .,;.o",,~4i- . o o DBVBLOPMBII'l' DBPAJwomnJ: S'UF!' IEPORT Arden/Guthrie .eYitali~.tion Plan Earlier this year, the CaBDUnity Development Commission (CDe) retained HomeAid, Ine. to develop, among other things, a revitalization plan for the Arden/Guthrie area. On July 24, the Commission eondueted a workshop regarding the Sunrise Village Revitalization Plan (Arden/Guthrie Area) prepared by HomeAid, Ine. Presentations were made by Ms. Judith Lenthall, President, and Mr. Randolph Hlubik, Landseape Architeet, Randolph Hlubik Assoeiates, Ine. The diseussion eentered around the speeifie goals presented in the plan as follows: 1. Drasticallv reduce the crime rate. Aceomplished by inereased police patrols, an effeetive neighborhood watch and better tenant seleetion. 2. Boasina: All units wst be brought up to code and adequately maintained. Aceomplished with assistance from a modified Rental Rehabilitation Program funded by redevelopment set-aside monies; prohibition 8&ainst additionsl four-plex developments in the area; establishment of uniform tenant selection proeedures to seeure quality tenants and ensure that the units remain in good eondition. 3. Commercial: Study means to facilitate the eontinuanee of the businesses currently loeated along Highland Avenue, as well as rezone additional eommereial use along Highland Avenue. 4. Circu1ation: Eliminste through traffie from the interior of the residential area. 5. ltei_lIhorhood Idll!!lltitv: Change the name of Roca Street to Sunrise Street and provide attractive entry markers in seleeted loeations that identify the Sunrise Village eommunity. 6. Street LiRhtift_: Provide adequate street lighting throughout the area. After the diseussion, the Commission approved the plan in eoneept and requested that further diseussion of this matter be eontinued to August 5, 1991. As noted earlier, there was significant diaeussion regarding the eomponents of the program, its eost and potential revenue sourees. The following items were identified as key poliey issues to be further explored and discussed in depth at the August 5, 1991 Commission meeting. KJH: DAD: lab: 0071E COIMISSIOlt AGBlUlA Meeting Date: 08/05/1991 c c o o DEVBLOPMBII'l DBPhumDJ: STAFF UPORT Arden/Guthrie Keritalization Plan July 30, 1991 Paae-2- o 1. Ff.....eina Plan: The City's share of the cost of various common area improvements and unit rehabilitation ia estimated to be $7 to $14 million dollars. These fiaures are up from $2.2 to $4.4 million dollars. It is unclear how both sets of estimates were developed and the reason for the three-hundred percent (300~) increase. 2. OWner partieinatian: Concerns were expressed reaardina the methods and procedures to be utilized in addressina those property owners DQl willina to participate in the proaram, but willina to pay the $1,000 business license fee. 3. Kelocation: Concern was expressed relardina the displacement of Arden/Guthrie tenants to other areas of the city and the impact such displacement would have on affected neiahborhoods. 4. PrODertv OWner F4.....cina: The plan indicates the property owners' association must come up with $1.8 million in private financina for their share of the common area improvements. City assistance at this point is continaent upon the owners acquirina private financina. The acqui8ition of such private financina by the owners is clearly open to question. 5. I_I_entation: Discussion occurred relardina the manner in which the plan was to be implemented, particularly with respect to construction activities, phasina and lease-up issues. 6. R"".bilitatian Pi.....eina: Policy direction should be provided relative to the type of rehabilitation assistance required of the Ci ty . Assistance could take the form of arants or loans. If in the form of loans, discussion should take place relative to maximum loan amount, terms, and loan-to-value ratios. Thoulht should also be liven to the possiblity of the property owners beina unable to acquire private financina and approachina the City relardina same. Based upon the foregoina, staff recommends adoption of the form motion. ~~Oll' Executive Director Developlllent Departaent KJH:DAD: lab: 0071E COIMISSIOll AGEBDA lIeetin& Date: 08/05/1991