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HomeMy WebLinkAboutR14-Redevelopment Agency - - 1 - .JIll - . R~ENT AOENCY...tl.uEST FOR Q.ISSION/COUNCIL ABa. " . From: Q: Glenda Saul, Executive Director Redevelopment Agency Subject: >>ARMOR DDA - STATE COLLEGE - FOURTH AMENDMENT Date: August 27, 1986 Synopsis of Previous Commission/CouncillCtion: 2/6/84 3/7/85 5/13/85 6/17/85 12/2/85 12/16/85 2/17/86 Resolution #4577 approved DDA. Approval, in concept, of amendment to DDA. Resolution #4762 approved amendment to DDA providing for acquisition of additional project. Resolution #4769 approved amendment to DDA substituting Darmor as developer. Conceptual approval of 3rd Amendment to DDA. Continue~ to February 17, 1986. Resolution #4846 approved 3rd Amendment. . (COMMUNITY DEVELOPMENT COMMISSION) R~m:r-1lWf''l8: ADOPT RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO AUTHORIZING AND DIRECTING THE EXECUTION OF A FOURTH AMENDMENT TO DISPOSITION AND JOINT DEVELOPMENT AGREEMENT BY AND BETWEEN THE REDEVELOPMENT o AGENCY OF THE CITY OF SAN BERNARDINO AND DARMOR, A CALIFORNIA GENERAL PARTNERSHIP. (MAYOR AND COMIION COUNCIL) b) MOVE TO ADOPT RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHOIZING THE CITY CLERK OF SAN BERNARDINO TO ACCEPT CONVEYANCE FROM THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO. (COMMUNITY DEVELOPMENT COMMISSION) c) MOVE TO ADOPT RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION AUTHORIZING EXECUTION OF GRANT DEED FOR CONVEYANCE OF .99 ACRE PARCEL TO CITY OF SAN BERNARDINO, SUBJECT TO OPTION TO PURCHASE IN FAVOR OF CALIFORNIA STATE UNIVERSITY, SAN BERNARDINO. f /J ~~.~ Signature Contact penon: Glenda Saul Phone: 383-5081 Ward: 5 FUNDING :REQLMEMENTS: ~! ':-~: No edvsrse,,*,P8C!9n City: c_ Supporting date attached: ,'-- 'CCil No~: c ~. . W <-:> u.. c:: YES Amount: $ 60,000 Project: State College Data: September 8, 1986 oct' I , L' \.c.- o I~-f-Ilr 141~IC.I&l '"\Q.,~ 09/08/86 4t Ii-, Agenda Item No. ..J ~ '.!:J "" - .iJ.. - CII; OF SAN BERNARDIflo - REQU.Qr FOR COUNCIL AC~N o STAFF REPORT In 1984, the Agency entered into an agreement with Darmor to construct 150 apartment units along University Parkway and Northpark Blvd. Under the terms of our Third Amendment, the developer is required to landscape a .99 acre site on Northpark Blvd. and convey said site back to the Agency for future conveyance to the University. The University has a 40 year option to purchase the property. Last week, staff met with Darmor, the University, Planning and Parks & Recreation. Parks & Recreation has formed a landscape maintenance district for this area. As part of this district, they are requiring that landscaping be provided in the median strip along Northpark blvd. The owners of the property fronting the median strip are required to pay for this landscaping. The Agency will be the owner of this .99 acre site once landscaped by the developer. A copy of the letter from Parks & Recreation is attached. Darmor is amenable to doing the required landscaping to the median as long as they can be reimbursed from the Agency. The cost is estimated at *60~000. Staff and Redevelopment Committee recommend that our agreement with Darmor be amended to prOVide that Darmor landscape the median strip. Three bids will be required. The lowest responsible bid being accepted. Upon completion of the landscaped median and the .99 acre site and the conveyance of the .99 acre site to the Agency, the Agency will reimburse Darmor for the cost, estimated at approximately $60,000. 4t:> Staff and Redevelopment Committee further recommend that the .99 acre site once acquired through the conveyance, be conveyed by the Agency to the City with the assignment of the University's right to acquire for 40 years. There are two reasons for this recommendation. First, the State College Project expires in year 2010, well before the 40 year expiration of the University's option. Second, if the Agency retains ownership, it could also be required to pay yearly cost of maintenance. This amendment has been discussed with the University, the developer, Parks & Recreation and City Real Property; all are in agreement. For your easy reference, we have summarized the project below: Developer: Darmor, a California General Partnership Robert Spriggs and Douglas Brundage Location: Kendall/University (Map attached) o Development: 196 apartment units $7,500,000 1% tax increment - $75,000 gross year projection Phase I - 100 units - complete 5/87 Phase II - 96 units - complete 2/89 1474G/SL 09/08/86 7$-0264 . CII/( OF SAN BERNARDIA, - REQUEOr FOR COUNCIL AC~N o STAFF REPORT Cost of sale: RDA Acquisition Munns Water Dept. Fire Dept. Sales Price Gross Profit * 22,019.75 207,544.80 41,160.00 *245,067.98 370,204.80 h25,136.82 Less: .99 acre Median Lanscp 30,000.00 60,000.00 * 35,136.82 Net Profit Estimated City Revenue: Fees (one time) (1 1/2% x cost) $112,500 Utility Tax (yearly) (approx $70/year for apartments) $ 13,700 o o 1474G/SL 09/08/86 75..0264 - o. o o "fF ~ tt i^'r!tJ.V~. 0 , 0 ,.t~;:::~~::;::;i':, . :::;..: ~~::.;: ;'~~f> CITY 'OF SAN ' BERNARDIN 0 3lIO NORTH 'V STREET. SAN BERNARDINO. CALIFORNIA 112418 '" R E l.: E I" . - - EVLYN WILCOX Moyar Mol"""', Of 'M Common c'Duncll ....., Estr.... .. .. .. .. .. .. .. .. .. .. .. .. PIrIt WI" .Jack """v- ........................ .Iec:onaw.... A,,,", Hernenllu .. .. .. .. .. .. .. .. .. .. .. Tit.,. W.,. S,eve...,........................ ...... Fourth..reI ..rtlOftQuIe........................... Flft"WI,1I Den "ruier .. .. .... .. .. .. .. .. .. .. .. .. .. Shd" WanI -'Kk .'r&ell'" .. .. .. .. .. .. .. .. .. .. .. .seven.It War. July 15, 1986 ,- '. . .~ .. .. f :":': :.. .: J:.:;.jGlA,Tft' Van Dyke & Associates 2741 Fourth Avenue San Diego, CA 92103 Am: Bernard Wenzig ~RE: University Village ~ear Bernard: Requirements for landscaping the portion of North Park Median are as follows: 1. Stamped concrete on the ends of the median approximately 135' in length depending on turn outs and shape of end sections. Stamped concrete shall be Bomanite Cobblestone pattern colored with L.M. Scofield Co. Chromix Admixture C-22, Coral Red. Scofield phone 1(213) 723-5285. Bomanite phone 1(415) 321-0718. 2. Street trees located in the end sections shall be Lagerstroemia Indica-Crepe Myrtle 'Watennelon Red'. Said trees shall be 24" box, to be planted 25' apart and to be planted in 4 X 4 planters in stamped concrete areas and shall be irrigated with flood bubblers. 3. Street trees in turf areas shall be Pinus Eldarica-Mondel Pine. Said trees shall be 24" box and be planted 40' apart. 4. Turfgrass shall be 90% Falcon Fescue with 10% Parade Blue grass. Said turf areas shall be mounded with high points of 1.5' - 2'. The intent of mounding is to match existing mounding on the median and future mounding. 5. Terminate water supply line at end of section for future requirements. Install a gate valve in round plastic valve box at point of termination. 06. 7. All irrigation heads shall be on triple swing joints. All irrigation heads shall be Rain Bird 1800 series with B-12 nozzles (Q.H.F.). - ..0' o o o Van Dyke & Associates July IS. 1986 OPage 2 8. Flood bubblers for tree irrigation shall be Hydro-Rain '610. 9. Rain Bird 3/4" quick coupler valves shall be installed every 100' in round plastic valve boxes. Other requirements are: . 1. Using the same controller(s) and water meter(s) locations for assessed landscaping along University Parkway and North Park Median. This mayor may not be possible/ feasible. 2. In lieu of trying to save the existing landscape and irrigation system along Univer- sity Parkway, it would probably be easier to remove it and replace it. This would assist on grade changes, landscape/irrigation design. construction traffic and when finished. be more visually acceptable. A copy of letter June 4. 1986 is enclosed for your reference. Please feel free to call me at (714) 383-&217 if you have any questions. o Sincerely, 1f.:~ Park Maintenance Supervisor copies to: Annie F. Ramos Director of Parks. Recreation & Community Services Rick Anaya Park Maintenance Supervisor SK:u o O,f , ... . . ( o o r :t) It) ,0 ,~ . -J:- .. ... ~ ~ ..0 .~ o -f..,e ~-o ~+ ~ __ 0 0--.1 . i ~ ~ I '''5- ~ @ .~I. e~ : ., F ~ I I I t . II) ') J , ~ . - 1 ~ ~O ~ t@ .i . <<' ~ - @~ o \.. ~ - Q - ~ eo' " ~ 0;. ~ fi ~ k. -=>> O;~ ~ Qlo ~l.E ~ ~ ,pcoo ~q)C: 0... ~ .'" . :..10 ..oc: ..o~ qlDl/) os ~ . 'r ~ - ~ ~ . ",'" ....... 011I 11), ~m a:a . . 11I- 11)" 11)0 II)~ i~ to. lIOo -~ t ~ ~ 0 1 0 2 3 4 5 6 7 8 9 10 o o o o o RESOLUTION NO. RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO AUTHORIZING AND DIRECTING THE EXECUTION OF A FOURTH AMENDMENT TO DISPOSITION AND JOINT DEVELOPMENT AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AND DARMOR, A CALIFORNIA GENERAL PARTNERSHIP BE IT RESOLVED BY THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. The Chairman and Secretary of the Community Development Commission of the City of San Bernardino are hereby authorized and directed to execute for and on behalf of the Redevelopment Agency of the City of San Bernardino a Fourth Amendment To Disposition and Joint Development Agreement between 11 the Redevelopment Agency of the City of San Bernardino and 12 Darmor, with such non-substantive changes to said Amendment as 13 may be approved by the Chairman and Agency Counsel. A copy of 14 said amendment is attached hereto as Exhibit -1- and incorporated 15 herein by this reference as though fully set forth at length. 16 Dated: 17 Approved as to form: 18 AGENCY COUNSEL 19 20 By 21 The foregoing resolution was duly adopted by the following 22 vote, to wit: 23 24 25 26 27 28 AYES: Members NAYS: ABSENT or ABSTAIN: a o o o o o o o 1 2 3 FOURTH AMENDMENT TO DISPOSITION AND JOINT DEVELOPMENT AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AND DARMOR, A CALIFORNIA GENERAL PARTNERSHIP day of THIS AGREEMENT, effective the , 4 1986, by and between THE REDEVELOPMENT AGENCY OF THE CITY OF SAN 5 BERNARDINO, a public body corporate, (hereinafter "Agency"), and 6 DARMOR, a California General Partnership (hereinafter "Darmor"), 7 sets forth the Agreement of the parties hereto. 8 The parties hereto agree that that certain Disposition and 9 Joint Development Agreement heretofore entered into by and 10 between the parties (or their predecessors in interest) dated, 11 for convenience, June 18, 1984, as amended by a First, Second, 12 and Third Amendments thereto, is now further amended in the 13 following respects: 14 15 1. As an additional undertaking, Darmor agrees to landscape the median strip along North Park Boulevard, adjacent 16 to its property, as well as adjacent to the .99 acre site 17 heretofore landscaped by the Developer, and presently owned by 18 Agency, subject to an option in favor of California State 19 University, San Bernardino. Darmor agrees to landscape the 20 21 ~ 23 24 25 26 27 28 median st~ip through a bidding procedure complying with all requirements of State law. 2. Agency agrees to reimburse to Darmor the cost of such landscaping, estimated at Sixty Thousand Dollars ($60,000.00), following which Agency agrees to convey that .99 acre parcel to the City of San Bernardino, subject to the option in favor of California State University, San Bernardino. 1 o o o o 1 3. In all other respects, the Disposition and Joint 0 2 Development Agreement py and between the parties or their 3 predecessors in interest, as previously amended, shall remain in 4 full force and effect. 5 IN WITNESS WHEREOF, the parties have executed this o 6 agreement effective as of the 7 REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO day of September, 1986. DARMOR, A CALIFORNIA PARTNERSHIP 8 9 By 10 11 By A General Partner Chairman 12 By Secretary 13 Approved as to form: 14 15 16 17 18 19 20 21 22 23 24 AGENCY COUNSEL: By<<4f~ APPROVAL OF FOURTH AMENDMENT TO AGREEMENT The Trustees of California State University, an Agency of the State of California, on behalf of the San Bernardino Campus, hereinafter referred to as .University., specifically named as a third party beneficiary to the Third Amendment to the Disposition and Joint Development Agreement between Darmor and Agency, hereby 25 agrees to the terms of the Fourth Amendment to the Disposition 26 and Joint Development Agreement as set forth herein above, and 4:) 27 consents to the transfer of Agency's ownership of the .99 acre 28 parcel of land to the City of San Bernardino, subject to the 2 o o o o 1 right of the University to purchase such parcel of land within c:> 2 forty (40) years from and after February 17, 1986, for the sum of 3 One Dollar ($1.00) from the City of San Bernardino. o o 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 CALIFORNIA STATE UNIVERSITY, SAN BERNARDINO By Its 3 o o o o 1 RESOLUTION NO. O RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION 2 AUTHORI ZING EXECUTION OF GRANT DEED FOR CONVEYANCE OF .99 ACRE 3 PARCEL TO CITY OF SAN BERNARDINO, SUBJECT TO OPTION TO PURCHASE IN FAVOR OF CALIFORNIA STATE UNIVERSITY, SAN BERNARDINO. 4 BE IT RESOLVED BY THE COMMUNITY DEVELOPMENT COMMISSION OF 5 THE CITY OF SAN BERNARDINO AS FOLLOWS: 6 SECTION 1. The Chairman and Secretary of the Community 7 Development Commission of the City of San Bernardino are hereby 8 authorized and directed to execute, for and on behalf of the 9 Redevelopment Agency of the City of San Bernardino, a Grant Deed 10 conveying to the City of San Bernardino, a Municipal body 11 corporate, that certain .99 acre parcel of land described in the 12 Grant Deed, a copy of which is attached hereto as Exhibit "An, 13 and is incorporated herein by reference. The Grant Deed is 14 subject to the option heretofore granted to the California State 0 15 University, San Bernardino, to purchase the property at any time 16 within forty (40) years, for the sum of One Dollar ($1.00) . The 17 conveyance to the City of San Bernardino shall be without 18 consideration. No hearing under the provisions of Health and 19 Safety Code Section 33433 is required since this property was not 20 acquired by Agency with tax increment funds. 21 o 22 Dated: 23 24 25 26 By 27 28 Approved as to form: AGENCY COUNSEL ,JA;Ad~~ Allen R. Briggs / / / / / / / / 1 b o o o o 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 o o o The foregoing resolution was duly adopted by the following 1 2 vote, to wit: AYES: NAYS: ABSENT or ABSTAIN: Members 2