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HomeMy WebLinkAboutCDC/2009-67 1 RESOLUTION NO. CDC/2009-67 2 3 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING THE FUNDING OF CERTAIN EXPENSES IN FURTHERANCE OF THE CALIFORNIA THEATRE OF THE PERFORMING ARTS AND AUTHORIZING THE EXPENDITURE OF FUNDS FROM VARIOUS REDEVELOPMENT PROJECT AREAS 4 5 6 7 WHEREAS, the Community Development Commission of the City of San Bernardino (the 8 "Commission") acting on behalf of the Redevelopment Agency of the City of San Bernardino (the 9 "Agency"), is a redevelopment agency, a public body, corporate and politic of the State of 10 California, organized and existing pursuant to the California Community Redevelopment Law (Part 11 I of Division 24 commencing with Section 33000) of the Health and Safety Code of the State of 12 California (the "Act"); and 13 WHEREAS, currently, the 1,700-seat California Theatre of the Performing Arts ("California 14 Theatre") serves as, not only a historic treasure, but the showplace for the local and national touring 15 performing arts within the Inland Empire and the City of San Bernardino ("City"); and 16 WHEREAS, the California Theatre, which serves not only the arts but the community as a 17 whole, hosts performances such as musicals, plays, symphony celebrity headliners, concerts, 18 children's theatre, ballet recitals, fashion shows, corporate functions, graduation exercises, silent 19 films and fundraisers for the arts and is the center of the arts within the City and is home to the San 20 Bernardino Symphony, Sinfonia Mexicana, the Inland Dance Theatre, and Theatrical Arts 21 International; and 22 WHEREAS, in June of 2007, an advisory panel from the Urban Land Institute ("ULl"), a 23 non-profit research and educational organization made up of regional, national and international 24 leaders from the land use, and real estate development disciplines studied the City's downtown and 25 made recommendations for the revitalization of the City's core downtown area; and 26 WHEREAS, the result of the study was a vision for the downtown area which included "A 27 vibrant, livable, attractive, clean, safe and sustainable... urban community, anchored by... housing 28 choices, arts and entertainment"; and I P IAgcnd.sIRe,olutionsIResoILLti",",\2009\12.07_fJ9 CA Theatre Broadw"" Shows & COlleen, CDC Resa Final.doc CDC/2009-67 1 WHEREAS, to attain this vision, ULI gave the following recommendations and strategies: 2 (I)... the introduction of special events and festivals, attraction of the arts..., (2) preservation of the 3 remaining historic buildings, (3) creation of a "Brand" for the City, and (4) create an "Arts and 4 Entertainment District" utilizing the California Theatre, the CinemaStar Theater and nearby historic 5 buildings; and 6 WHEREAS, on June I, 2009, the Mayor and Common Council of the City of San 7 Bernardino and the Commission endorsed and acceptcd the San Bernardino Downtown Core 8 Vision! Action Plan ("The Downtown Plan") a working document for the implementation of the 9 recommendations made during the ULI study; and 10 WHEREAS, the Downtown Plan encompasses a Theater District anchored by a revitalized 11 multiplex theater and the historic California Theatre; creating a new entertainment district that is a 12 key economic driver for the revitalization of the downtown and City as a whole; and 13 WHEREAS, as such, the promotion of the California Theatre became the centerpiece for 14 redeveloping the downtown area; and 15 WHEREAS, the Agency decided to expand the overall prograrnmmg of the California 16 Theatre to include concerts, comedians, dance, cultural events and musicals; and 17 WHEREAS, the overall goal of the expanded booking was to increase the number of 18 patrons to the downtown area and increase the number of events; and 19 WHEREAS, attendance at the California Theatre increased to 100,240 patrons during the 20 2008-2009 First production Season from approximately 50,000 patrons in the 2007-2008 Season, a 21 100% increase. 22 NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION OF THE 23 CITY OF SAN BERNARDINO DOES HEREBY RESOLVE, DETERMINE AND ORDER. AS 24 FOLLOWS: 25 Section 1. The Recitals hereinabove are true and correct and are incorporated herein by 26 this reference. 27 Section 2. The Commission hereby approves the funding of certain expenses m 28 furtherance of the California Theatre and authorizes the expenditure of limds from various 2 P\A!!"nd._,\Re,o]U!~,",\R.,tll"I",",\2()09\12_07_09 CA Theatre Broadway Show, & Concert' crx: Re,o final.doc CDC/2009-67 1 redevelopment project areas in the total amonnt not to exceed $2,327,580 of available tax increment 2 revenues from the following redevelopment project areas: 3 4 . State College Tax Increment $398,888 . Southeast Industrial Park Tax Increment: $398,888 . Northwest Tax Increment: $398,888 . Tri City Tax Increment: $43,834 . Mount Vernon Tax Increment: $525,007 . 40th Street Tax Increment: $561.074 Total $2,327,580 5 6 7 8 9 10 Such tax increment revenues as herein authorized do not represent any investment of Agency funds 11 pursuant to Health & Safety Code Section 33603, but such authorization of tax increment revenues 12 are in furtherance of the redevelopment activities of the Agency in the Central City North I3 Redevelopment Project Area to enhance the viability of the Agency owned asset commonly referred 14 to as the California Theatre as recommended by the ULI study referenced in the recitals to this 15 Resolution. It is further the intent of the Agency that the entire amount of the $2,327,580 as herein 16 authorized will be returned to the respective redevelopment project area accounts upon the 17 termination of the current performing arts season at the California Theatre, and shortfall amounts, if 18 any, will be applied from the net available lease revenues payable to the Agency pursuant the Lease 19 Agreement for the Shandin Hills Golf Course as owned by the Agency. 20 Section 3. This Resolution shall take effect from and after its date of adoption by this 21 Commission. 22 /II 23 /II 24 /II 25 /II 26 /II 27 /II 28 1/1 3 P\A~.nda,\R.solution,\Re'oluti"ns\2009\12.07-0'l CA Theatre Ilroadway Show' & ('o"ocm CDC Reso Final.doc CDC(2009-67 t 2 3 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING THE FUNDING OF CERTAIN EXPENSES IN FURTHERANCE OF THE CALIFORNIA THEATRE OF THE PERFORMING ARTS AND AUTHORIZING THE EXPENDITURE OF FUNDS FROM VARIOUS REDEVELOPMENT PROJECT AREAS 4 5 6 I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Community Development Commission of the City of San Bernardino at a i oint regular 7 meeting " ~ i, The foregoing Resolution is hereby approved this ~day of NO"~""\~ , 2009. 20 21 22 Pat' ck J. Morris, rson munity Development Commission of the City of San Bernardino 23 24 25 Approved as to Form: 26 27 By: ,,~ rJ!= Agency Co sel 28 4 P:'c"..gendaslRe,ollltio"s\R.soIUlion,\2000\12-07.0o CA TheaHe Broadway Show, & Concerts CDC Reso final doc