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HomeMy WebLinkAbout2015-2041! 2 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 RESOLUTION NO. 2015-204 RESOLUTION OF THE MAYOR AND COMMON COUNCIL ACTING AS THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO APPROVING THE LONG-RANGE PROPERTY MANAGEMENT PLAN PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34191.5 AND APPROVING CERTAIN RELATED ACTIONS. WHEREAS, pursuant to Health and Safety Code (the "HSC") § 34172 (a)(1), thel Redevelopment Agency of the City of San Bernardino was dissolved February 1, 2012; and WHEREAS, consistent with the provisions of the HSC, on January 9, 2012 the Mayor and Common Council of the City of San Bernardino elected to serve in the capacity of the Successor Agency to the Redevelopment Agency of the City of San Bernardino (the "Successor Agency"); and WHEREAS, the Oversight Board for the Successor Agency (the "Oversight Board") has been established pursuant to HSC § 34179 to assist in the wind -down of the dissolved redevelopment agency; and WHEREAS, pursuant to HSC § 34191.5 (b), within six (6) months of the date of the Successor Agency receiving its Finding of Completion (the "FOC") from the California Department of Finance (the "DOF") pursuant to HSC § 34179.7, the Successor Agency is required to prepare a Long -Range Property Management Plan (the "LRPMP") to address the disposition and use of the real property assets held by the Successor Agency; and WHEREAS, subject to the receipt of an FOC from DOF, an LRPMP may only be operative, pursuant to HSC § 34191.3, if it is approved by DOF no later than December 31, 2015; I and WHEREAS, all of the document filings that are prerequisites to the issuance of an FOC have been made; however, as of the date of this Resolution DOF has not yet issued the Successor Agency's FOC; and WHEREAS, notwithstanding the foregoing, DOF has specifically invited the Successor Agency to file its LRPMP at the earliest possible time so that DOF can simultaneously review the matter of the issuance of an FOC and approval of the LRPMP and do both prior to the deadline noted above; and -1- 11 2 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 WHEREAS, the Successor Agency's proposed LRPMP is attached to this Resolution as Exhibit "A"; and WHEREAS, Successor Agency members have received briefings with respect to the LRPMP; and WHEREAS, on August 3, 2015, the Oversight Board also received a briefing with respect to the LRPMP; and WHEREAS, subject to approval by the Oversight Board, which is slated for the week of September 6, 2015, the LRPMP will be submitted to the DOF; and WHEREAS, subject to DOF's issuance of the Successor Agency's FOC and its approval of the LRPMP, the Successor Agency may act upon implementing the LRPMP; and WHEREAS, consistent with the applicable provisions of the HSC, it is recommended that the Successor Agency approve the attached LRPMP; and WHEREAS, all of the prerequisites with respect to the approval of this Resolution have I been met. NOW, THEREFORE, BE IT RESOLVED by the Successor Agency to the Redevelopment Agency of the City of San Bernardino, as follows: Section 1. The foregoing recitals are true and correct and are a substantive part of this Resolution. Section 2. The Long -Range Property Management Plan, attached to this Resolution as Exhibit "A", is hereby approved. Section 3. The City Manager as Executive Director of the Successor Agency, or his designee, is authorized to transmit the Long -Range Property Management Plan to the Oversight Board for their review and consideration. Section 4. Subsequent to the approval of the Long -Range Property Management Plan by the Oversight Board, the City Manager as Executive Director of the Successor Agency, or designee, is authorized and directed to transmit the Long -Range Property Management Plan to the California Department of Finance -2- I 2 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 and to take such actions and execute such documents as are necessary to implement the Long -Range Property Management Plan and to effectuate the intent of this Resolution. Section 5. This Resolution shall take effect upon: i) its adoption and execution in the manner as required by the City Charter; and ii) the approval of the subject matter contained herein by the Oversight Board and California Department of Finance consistent with HSC § 34179 (h). -3- 1 2 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 RESOLUTION OF THE MAYOR AND COMMON COUNCIL ACTING AS THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO APPROVING THE LONG-RANGE PROPERTY MANAGEMENT PLAN PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34191.5 AND APPROVING CERTAIN RELATED ACTIONS. I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Successor Agency to the Redevelopment Agency of the City of San Bernardino, at a meeting thereof, held on the 81h day of September, 2015, by the following vote, to wit: Council Members Ayes MARQUEZ x BARRIOS x VALDIVIA x SHORETT x NICKEL x JOHNSON MULVIHILL x Nays Abstain Absent x � --A, 14 A" QJ GeorgeaniqHanna, CMC, Cit Clerk •�22015.1'�_�The foregoing Resolution is hereby approved this � �dayy oof September Approved as to Form: Gary D. Saenz, City Attorney By: R' Carey DavisChairman Successor Agency to the Redevelopment Agency of the City of San Bernardino -4- I 2' 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 EXHIBIT "A" I SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO LONG-RANGE PROPERTY MANAGEMENT PLAN (See Attachment) -5- 2015 LONG RANGE PROPERTY MANAGEMENT PLAN FINAL DRAFT Prepared for the: Successor Agency to the Redevelopment Agency of the City of San Bernardino 300 North "D" Street San Bernardino, CA 92408 www.sbcity.or2 September 2015 Prepared by: Urban Futures Inc. Corporate Office 3111 North Tustin Street, Suite 230 Orange, CA 92865 (714) 283-9334 • FAX (714) 283-5465 UF[ = 9 2015 LONG RANGE PROPERTY G . MANAGEMENT PLAN o 'Vf►'D iK 1 CITY COUNCIL/ SUCCESSOR AGENCY BOARD CITY STAFF R. Carey Davis, Mayor Rikke Van Johnson, Mayor Pro Tem - Ward 6 Virginia Marquez, Councilmember - Ward I Benito J. Barrios, Councilmember - Ward 2 John Valdivia, Councilmember - Ward 3 Fred Shorett, Councilmember - Ward 4 Henry Nickel, Councilmember - Ward S James L. Mulvihill, Councilmember - Ward 7 Allen J. Parker, City Manager/Executive Director Bill Manis, Deputy City Manager 2015 LONG RANGE PROPERTY MANAGEMENT PLAN Table of Contents I. Introduction.......................................................................................................................................... 1 II. Long Range Property Management Plan: Property Inventory Data ..................................................... 7 III. Property to be Transferred for Governmental Use............................................................................ 16 IV. Property to be Transferred for Future Development......................................................................... 83 V. Property to be Sold........................................................................................................................... 133 Exhibit A— Successor Agency/City Property Disposition Procedures.......................................................216 Exhibit B— Health & Safety Code.............................................................................................................. 219 Exhibit C— DOF Finding Of Completion.................................................................................................... 222 Exhibit D — Resolution of the Successor Agency Board............................................................................ 225 Exhibit E — Resolution of the Oversight Board.......................................................................................... 229 Exhibit F —Assessor Parcel Maps - Parcels to be Transferred for Governmental Use .............................. 232 Exhibit G —Assessor Parcel Maps - Parcels to be Transferred for Future Development ..........................256 Exhibit H —Assessor Parcel Maps - Parcels to be Sold.............................................................................. 281 Exhibit I —Zoning Information..................................................................................................................302 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long -Range Property Management Plan September 2015 I. Introduction s City of San Bernardino Mauntain RewiU Los Angeles j 1 Palm The City of San Bernardino (the "City"), incorporated in 1854, is the 2nd largest municipality east of Los Angeles. It is located in the Riverside -San Bernardino metropolitan area approximately 60 miles east of Los Angeles. It serves as the county seat of San Bernardino County and spans approximately 60 square miles on the floor of the San Bernardino Valley. As of January 1, 2015, the California Department of Finance (the "DOF") reports the City's population to be 213,933. Former Redevelopment Agency The Former Redevelopment Agency of the City of San Bernardino (the "Agency") was organized in 1958, pursuant to § 33000 et seq. of the California Health and Safety Code (the "HSC") and was responsible for the administration of redevelopment activities within the City. The governing board of the Agency was the Community Development Commission (the "Commission") which was composed of the eight members of the Mayor and Common Council. In 1958, the Commission adopted the first project area, Meadowbrook Redevelopment Project Area, with an additional 13 Project Areas to follow. In addition to the Agency's 14 Project Areas, the Agency assisted the Inland Valley Development Agency with the implementation of its Project Area. &ZEI RAi OrrY.W1r_ P1OOK I- oRCENTRAL CMYLEAST li Jd PTINM —I'— CRYi _ E-STRTE COLLIE.��a IC -MT VERNON 6&CEHTRAL CfTVS4tfTR .F�iORTIMIEST _LAOTM STREET CSOUTHEA5T - &TRICKY - O.CENTRAL crmw ST _ NLOVTH W11E 1 I. Introduction Successor Agency to the Redevelopment Agency of the City of San Bernardino Long -Range Property Management Plan September 2015 The Redevelopment Plans are summarized as follows: Chronologies qfRedevelopment Prqiect Area Plans Ordinance Adoption Description No. Date Meadowbrook/Central City Redevelopment Project Area Redevelopment Plan for the Meadowbrook Redevelopment Project Area No. 1 is adopted. 2233 7/21 /1958 Redevelopment Plan for the Central City Redevelopment Project Area No. 1 is adopted. 2649 2/23/1965 Redevelopment Plan for Meadowbrook Redevelopment Project Area No. 1 is amended. To amend Section 4 of Ordinance 2233 approving and adopting revisions, dated 9/3/1968 2953 10/22/1968 to the Redevelopment Plan for the Meadowbrook Project Area No. 1. Redevelopment Plan for the Central City Redevelopment Project Area is amended to amend Section 4 of Ordinance No. 2649 approving and adopting a revision to the 3059 3/16/1970 Redevelopment Plan for the Central City Project Area No. 1. Redevelopment Plans for Meadowbrook and Central City Redevelopment Project Areas merged for financial purposes (now known as Redevelopment Plan for the Central City 3683 11/9/1977 Redevelopment Project Area) Amendment No. 1: Establish time and financial limits, including 1) eminent domain for MC-558 twelve yr. period; 2) time limit to establish indebtedness; 3) bonded debt limit, and 4) tax MC-559 2/9/1986 increment limit. Amendment No. 2: Amend tax increment limit calculation. MC-723 4/2/1990 Amendment No. 3: Establish plan effectiveness tax increment collection, repayment of MC-917 12/19/1994 indebtedness limits. State College Redevelopment Project Area Redevelopment Plan for State College is ado ted 3067 5/28/1970 Amendment No. 1: Establish time and financial limits, including 1) eminent domain for 12 yr. period, 2) time limit to establish indebtedness, 3) bonded debt limit, and 4) tax MC-560 1/9/1987 increment limit. Amendment No. 2: Amend tax increment limit calculation. MC-725 5/2/1990 Amendment No. 3: Establish plan effectiveness, tax increment collection, repayment of MC-925 1/18/1995 indebtedness limits. Amendment No. 4: Extend time limit on eminent domain authority MC-1146 7/17/2003 Amendment No. 5: Eliminate time limit to incur indebtedness. MC-1153 l/l/2004 Amendment No. 6: Extend plan effectiveness, tax increment collection, and repayment of MC-1198 7/20/2005 indebtedness time limits by one year per CRL. Amendment No. 7: Extend plan effectiveness, tax increment collection, and repayment of MC-1293 5/21/2009 indebtedness time limits by two years per CRL. Central City North Redevelopment Project Area Redevelopment Plan for Central City North is adopted. 3366 8/6/1973 Amendment No. 1: Establish time and financial limits, including 1) eminent domain for 12 yr. period, 2) time limit to establish indebtedness, 3) bonded debt limit, and 4) tax MC-561 12/9/1986 increment limit. Amendment No. 2: Amend tax increment limit calculation. MC-719 4/2/1990 Amendment No. 3: Establish plan effectiveness, tax increment collection, repayment of MC-920 12/19/1994 indebtedness limits. Amendment No. 4: Eliminate time limit to incur indebtedness. MC-1154 12/1/2003 Amendment No. 5: Adopt Amended & Restated Plan with modern language and reinstate MC-1184 9/7/2004 eminent domain authority. Amendment No. 6: Extend plan effectiveness, tax increment collection, and repayment of MC-1199 6/20/2005 indebtedness time limits by one year per CRL. Amendment No. 7: Extend plan effectiveness and repayment of indebtedness time limits MC-1294 4/20/2009 by 2 years per CRL. I. Introduction Successor Agency to the Redevelopment Agency of the City of San Bernardino Long -Range Property Management Plan September 2015 Chronologies / Redevelopment Project/ Plans Ordinance Adoption Description No. Date Central City South Redevelopment Project Area Redevelopment Plan for Central City South is adopted 3572 5/3/1976 Amendment No. 1: Establish time and financial limits, including 1) eminent domain for 12 yr. period, 2) time limit to establish indebtedness, 3) bonded debt limit, and 4) tax MC-564 12/9/1986 increment limit. Amendment No. 2: Amend tax increment limit calculation. MC-724 4/2/1990 Amendment No. 3: Establish plan effectiveness, tax increment collection, repayment of MC-919 12/19/1994 indebtedness limits. Amendment No. 4: 2001 Eminent Domain Amendment MC-1104 9/17/2001 Amendment No. 5: Extend plan effectiveness, tax increment collection, and repayment of MC-1208 6/20/2005 indebtedness time limits by one year per CRL. Amendment No. 6: Extend plan effectiveness and repayment of indebtedness time limits MC-1301 4/20/2009 by 2 years per CRL. Central City East Redevelopment Project Area Redevelopment Plan for Central City East is adopted 3571 5/3/1976 Amendment No. 1: Establish time and financial limits, including 1) eminent domain for 12 yr. period, 2) time limit to establish indebtedness, 3) bonded debt limit, and 4) tax MC-563 12/9/1986 increment limit. Amendment No. 2: Amend tax increment limit calculation. MC-721 4/2/1990 Amendment No. 3: Establish plan effectiveness, tax increment collection, repayment of MC-918 12/19/1994 indebtedness limits. Amendment No. 4: 2001 Eminent Domain Amendment. MC-1112 12/3/2001 Amendment No. 5: Extend plan effectiveness, tax increment collection, and repayment of MC-1209 6/20/2005 indebtedness time limits by one year per CRL. Amendment No. 6: Extend plan effectiveness and repayment of indebtedness time limits MC-1302 4/20/2009 by 2 years per CRL. Southeast Industrial Park Redevelopment Project Area Redevelopment Plan for Southeast Industrial Park is adopted 3583 6/21 /1976 Amendment No. 1: Establish time and financial limits, including 1) eminent domain for 12 yr. period, 2) time limit to establish indebtedness, 3) bonded debt limit, and 4) tax MC-565 12/9/2986 increment limit. Amendment No. 2: Amend tax increment limit calculation. MC-722 4/2/1990 Amendment No. 3: Establish plan effectiveness, tax increment collection, repayment of MC-924 12/19/1994 indebtedness limits. Amendment No. 4: Eliminate debt establishment time limit. MC-1156 12/1/2003 Amendment No. 5: Extend plan effectiveness, tax increment collection, and repayment of MC-1201 6/20/2005 indebtedness time limits by one year per CRL. Amendment No. 6: Extend plan effectiveness and repayment of indebtedness time limits MC-1296 4/20/2009 by 2 years per CRL. Central City West Redevelopment Plan for the Central City West Project Area is adopted 3553 3/19/1976 Amendment No. 1: Establish time and financial limits, including 1) eminent domain for 12 yr. period, 2) time limit to establish indebtedness, 3) bonded debt limit, and 4) tax MC-562 1/9/1987 increment limit. Amendment No. 2: Amend tax increment limit calculation. MC-720 5/2/1990 Amendment No. 3: Establish plan effectiveness, tax increment collection, repayment of MC-921 1/18/1995 indebtedness limits. Amendment No. 4: Eliminate time limit to incur indebtedness. MC-1115 l/l/2004 Amendment No. 5: Extend plan effectiveness, tax increment collection, and repayment of MC-1200 7/20/2005 indebtedness time limits by one year per CRL. Amendment No. 6: Extend plan effectiveness, tax increment collection, and repayment of MC-1295 5/21/2009 indebtedness time limits by two years per CRL. I. Introduction Successor Agency to the Redevelopment Agency of the City of San Bernardino Long -Range Property Management Plan September 2015 Chronologies / Redevelopment Project/ Plans Ordinance Adoption Description No. Date Northwest Redevelopment Project Area Redevelopment Plan for Northwest Project Area is adopted. MC-189 8/6/1982 Amendment No. 1: Establish plan effectiveness, tax increment collection, repayment of MC-922 1/18/1995 indebtedness limits. Amendment No. 2: Eliminate time limit to incur indebtedness. MC-1157 l/l/2004 Amendment No. 3: Extend plan effectiveness, tax increment collection, and repayment of MC-1202 7/20/2005 indebtedness time limits by one year per CRL. Amendment No. 4: Extend plan effectiveness, tax increment collection, and repayment of MC-1297 5/21/2009 indebtedness time limits by two years per CRL. Tri-CityRedevelopment Project Area Redevelopment Plan for Tri-Cityis adopted. MC-283 6/20/1983 Amendment No. 1: Establish time and financial limits, including 1) time limit to establish MC-926 12/19/1994 indebtedness; 2) time limit to pay indebtedness/collect tax increment. Amendment No. 2: Eliminate debt establishment time limit. MC-1158 12/1/2003 Amendment No. 3: Extend plan effectiveness, tax increment collection, and repayment of MC-1204 6/20/2005 indebtedness time limits by one year per CRL. Amendment No. 4: Extend plan effectiveness and repayment of indebtedness time limits MC-1299 4/20/2009 by 2 years per CRL. South Valle Redevelopment Project Area Redevelopment Plan for the South Valle is adopted. MC-387 7/9/1984 Amendment No. 1: Establish time and financial limits, including 1) time limit to establish MC-923 12/19/1994 indebtedness; 2 time limit to pay indebtedness/collect tax increment. Amendment No. 2: Eliminate debt establishment time limit. MC-1159 12/1/2003 Amendment No. 3: Extend plan effectiveness, tax increment collection, and repayment of MC-1204 6/20/2005 indebtedness time limits by one year per CRL. Amendment No. 4: Extend plan effectiveness and repayment of indebtedness time limits MC-1299 4/20/2009 by 2 years per CRL. Uptown Redevelopment Project Area Redevelopment Plan for Uptown Redevelopment Project Area MC-527 7/17/1986 Amendment No. 1: Establish time and financial limits, including 1) time limit to establish MC-927 11/19/1985 indebtedness; 2 time limit to pay indebtedness/collect tax increment Amendment No. 2: Eliminate time limit to incur indebtedness. MC-1161 l/l/2004 Amendment No. 3: Extend time limit on eminent domain authority MC-1183 10/8/2004 Amendment No. 4: Extend plan effectiveness, tax increment collection, and repayment of MC-1205 7/20/2005 indebtedness time limits by one year per CRL. Mt. Vernon Corridor Project Area Redevelopment Plan for Mt. Vernon Corridor Project Area is adopted MC-733 7/26/1990 Amendment No. 1: Establish plan effectiveness, tax increment collection, repayment of MC-928 1/18/1995 indebtedness limits. Amendment No. 2: 2001 Eminent Domain Amendment MC-1105 11/1/2001 Amendment No. 3: Eliminate time limit to incur indebtedness. MC-1160 l/l/2004 Amendment No. 4: Extend plan effectiveness, tax increment collection, and repayment of MC-1206 7/20/2005 indebtedness time limits by one year per CRL. 40" Street Redevelopment Project Area Redevelopment Plan for the 40th Street Project Area is adopted MC-1077 8/10/2000 Designated zoning in the 14 Project Areas include a variety of mixed land uses, and is composed of land and improvements, including, but not limited to shopping centers, commercial developments, and warehouse facilities. 4 Introduction Successor Agency to the Redevelopment Agency of the City of San Bernardino Long -Range Property Management Plan September 2015 Dissolution of Redevelopment Agencies Trailer bills ABxl 26 and ABxl 27 were signed by the Governor of California on June 28, 2011, making certain changes to the HSC, including adding Part 1.8 (commencing with § 34161) ("Part 1.8") and Part 1.85 (commencing with § 34170) ("Part 1.85") to Division 24 of the HSC. The California Redevelopment Association and League of California Cities filed a lawsuit in the Supreme Court of California (California Redevelopment Association, et al. v. Matosantos, et al. (Case No. S 194861)) alleging that ABx1 26 and ABxl 27 were unconstitutional. On December 29, 2011, the Supreme Court issued its opinion in the Matosantos case largely upholding ABxl 26, invalidating ABxl 27, and holding that ABxl 26 may be severed from ABxl 27 and enforced independently. The Supreme Court generally revised the effective dates and deadlines for performance of obligations under HSC Part 1.85 arising before May 1, 2012 to take effect four months later while leaving the effective dates or deadline for performance of obligations under HSC Part 1.8 unchanged. Consistent with the applicable provisions of the HSC, the City Council elected to serve in the capacity of the Successor Agency to the Community Redevelopment Agency of the City of San Bernardino (the "Successor Agency"). Further, on June 27, 2012, the Governor signed budget trailer bill AB 1484 into law, resulting in further procedural and substantive changes to the duties of and procedures to be followed by successor agencies, oversight boards, county auditor -controllers and the California Department of Finance (the "DOF"). This includes, but is not limited to, the manner in which the Successor Agency disposes of real property assets. Specifically, AB 1484 added HSC § 34191.5 which requires the Successor Agency to prepare a Long Range Property Management Plan (the "LRPMP") as a prerequisite to the disposition of real property assets. Long Range Property Management Plan Per the applicable provisions of the HSC, no later than six (6) months after a successor agency receives its Finding of Completion from the DOF (per HSC § 34179.7), the Successor Agency must submit its LRPMP to the Oversight Board and the DOF for approval. The LRPMP must include an inventory (with specified information) about each property, and address the use or disposition of each property. Permitted uses for the property pursuant to AB 1484 include: 1. Retention of the property for governmental use; 2. Retention of the property for future development; 3. Sale of the property; and 4. Use of the property to fulfill an enforceable obligation.' Upon DOF's approval of the LRPMP, the properties are to be placed in a Community Redevelopment Property Trust Fund administered by the Successor Agency in accordance with the approved LRPMP. If the LRPMP plan calls for use or liquidation (sale to obtain revenues) of a property for a project identified in an approved redevelopment plan, that property is to be transferred to the sponsoring community for that purpose. If the LRPMP calls for the liquidation of the property or use of revenues from the property for purposes other than a project identified in a redevelopment plan or other than to fulfill an enforceable obligation, the proceeds from the sale are to be distributed as property taxes to the taxing entities. A general outline of real property disposition procedure is included as Exhibit "A." 1 HSC § 34191.5 (c)(2)) I. Introduction Successor Agency to the Redevelopment Agency of the City of San Bernardino Long -Range Property Management Plan September 2015 This LRPMP was prepared in compliance with those pertinent sections of the HSC that govern the LRPMP's prerequisites, content, and approval process. For ease of review, the pertinent sections of the HSC are included in Exhibit `B." The Successor Agency received its Finding of Completion from the DOF on , 2015 (Exhibit "C"). 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M �eluewuo nnua z z z z z z z z 0 auo}siH i6 _ anuanay E ,- /awooul ¢ a a a Q a Q Q o `c ;_; asn 1enlowluoo z z z z z z z z danuanaa 0 awooulo o d d - i z z z z z z t O U U N N U U Hv. m m p.!nbae sem 6padWd goigm A >= s .� A >= s e+ A >= s e+ A >= s .e+ A >= s e+ A >= s e+ A >= s e+ A >= s e+ s ,ate Col asodmd --Q°'m am am am am am am am � o0 a m a= m m m m m m Q Z m oW H H H H H H H a` a� cg o - w "�_" %UdgUdgUd% "� zr z"� z"� Ud% z"� zr"n o � z"E E z w� LE >m �'U n 0 "' a� R �= Q C a_Q a U > W f» en en en en en en E c > Q to to to to to to U 2 FPO asn alq!ss!-.d �� w�� w�� w�� wEl El wC�l wEl z z U 2 1 c — 1 asn — — — — — — — — algissryuad w w w w mEE w w w � U U M. fC 0 Z (n ro-81 (} m m > > > >65 Z Q 0¢ Z16 _ �y m ZQ m ZQ LLl Z — U — U 6 m N o I -- - o o z q V > U— > cj j o q _ E� z O mU N �' W Z Q W Q a o W J Ei E Successor Agency to the Redevelopment Agency of the City of San Bernardino Long -Range Property Management Plan September 2015 III. Property to be Transferred for Governmental Use 16 III. Property to be Transferred for Government Use Successor Agency to the Redevelopment Agency of the City of San Bernardino Long -Range Property Management Plan September 2015 Property/ be TransferredforGovernmental Site No. Site Size 3 Permissible Estimated Site Reference Address APN Zoning ac Use Current Value 1 . City Police 710 N. "D" Street "E" 0140-281-52 4.55 CG-1 Government $1.00 Headquarters (2) 767 N. Street 0140-281-54 CR 2 0134-251-57 0134-251-58 2. 201 N."E" Street 0134-251-59 City Administration 301 N. "E" Street 0134-251-60 8.85 CR-2 Government $1.00 Campus (8) 300 N. "D" Street 0134-251-62 0134-311-40 0134-311-50 0134-321-24 3. 1350 S. "E" Street 0141-252-04 Local Agency 1350 S. "E" Street 3.08 CG-1 Government $1.00 Administration 0141-252-06 Building 2 4. 0148-011-30 Shandin Hills Public 3380 Little Mtn. Drive 0148-021-59 112.18 PCR Government $1.00 Golf Park (3) 0148-022-06 5. Portion of Seccombe 567 N. Sierra Wy 0135-061-19 0.96 PP Government $1.00 Lake Park 1 6. Baseball Stadium Park 280 S. "E" Street 0136-111-23 27.20 CCS-1 Government $1.00 (1) 7. California National 266 E. 3rd Street 0135-191-13 2.36 CO-1 Government $1.00 Guard Armory 1 8. U.S. Army Reserve 296 E. 3rd Street 0135-191-14 2.57 CG-1 Government $1.00 Property (1) 9. Street Right -of -Way #1 N. Stoddard Avenue 0134-141-36 0.001 CR-2 Government $1.00 (1) 10. Athol Street & "D" Street Right -of -Way #2 0136-122-69 0.001 CR-2 Government $1.00 (1) Street 11. Street Right -of -Way #3 E. 91 Street 0278-063-21 0.19 RM Government $1.00 (1) 12. 0155-381-11 Foothill Drive Water Foothill Drive 8.14 RL Government $1.00 Well -Site Property 2 0155-381-45 13. 480 N. "D" Street 0134-141-28 N. "D" Street Parking 478 N. "D" Street 0134-141-29 1.19 CR-2 Government $1.00 Lot(3) N. "D' Street 0134-141-34 (x) The number in parenthesis reflects the number of parcels that constitute the Site. See Exhibit "I"' for Assessor Parcel Maps for Governmental Use properties s See Exhibit "I" for zoning/land use information 17 III. Property to be Transferred for Government Use Successor Agency to the Redevelopment Agency of the City of San Bernardino Long -Range Property Management Plan September 2015 Property/ be TransferredforGovernmental Site No. Address APN Site Size Zoning 3 Permissible Estimated Site Reference ac Use Current Value 14. San Bernardino County 402 N. "D" Street 0134-151-31 0.54 CR-2 Government $1.00 Law Library Parking Lot 1 15. N. "F" Street Parking 450 N. "F" Street 0134-101-09 0.62 CR-2 Government $1.00 Lot 2 0134-101-10 16. W. 5"' Street Parking 512 W. 5"' Street 0134-062-12 1.01 CR-2 Government $1.00 Lot 1 17 0134-071-19 W. Church Street W. Church Street 0134-071-24 0.60 CR-2 Government $1.00 Parking Lot(4) 0134-071-26 0134-071-58 18. N. Mt. Vernon / W. 5' N. Mt. Vernon / W. 5th SP-PP Street Public Access / Street 0138-122-33 1.81 CG-3 Government $1.00 Parking Lot (1) 19. 2003-HUB S. Tippecanoe Avenue 0281-401-13 0.11 CR-3 Government $1.00 Development Parking Lot 1 ' (x) The number in parenthesis reflects the number of parcels that constitute the Site. 2 See Exhibit "F" for Assessor Parcel Maps for Governmental Use properties s See Exhibit "I" for zoning/land use information 18 III. Property to be Transferred for Government Use Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. ]: City Police Headquarters Address: 710N. "D"Street 767N. "E"Street APN.• 0140-281-52 0140-281-54 t 1? en c[ `•t. z rc e 19 III.Property to be Transferred for Governmental Use Site No. I—City Police Headquarters Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. ]: City Police Headquarters A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 1 is the City Police Headquarters, and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition of Property(HSC k 34191.5(c)(1)(A) anilk 34191.5(c)(1)(B)): Property records indicate that the City Police Headquarters was acquired by the Agency in several separate transactions and carries a total Book Value of$3,500,000. The following table details the property records: Acquisition Details of Police Headquarters Original APNs as APN Acquisition Date Book Value Acquired by Historical Background Agency 0140-281-52 0140-281-29 0140-281-30 0140-281-20 0140-281-21 0140-281-25 0140-281-28 October 1991 $3,500,000 0140-281-15 --- 0140-281-54 0140-281-16 0140-281-34 0140-281-38 0140-281-40 0140-281-44 0140-281-48 The City Police Headquarters was acquired to provide needed police facilities within the downtown core of the City. The estimated current value(the "ECV")of the City Police Headquarters is$1.00. C. Site Information (HSC k 34191.5(c)(1)(C)): The City Police Headquarters consists of two (2) parcels (APNs 0140-281-52, -54),totaling 4.55 acres. These parcels are located at 710 N. "D" Street and 767 N. "E" Street. The following table describes the City Police Headquarters' property improvements: PoliceCity APN Address Current(c)or Type of Structure Year Square Former Use /Improvement Constructed Footage 0140-281-52 710 N.D Street City Police Masonry 1996 78,982 0148-281-54 767 N.D Street Headquarters(c) Concrete 1950 17,424 The City Police Headquarters is zoned Commercial General (CG-1) and Commercial Regional- Downtown (CR-2)in the City's General Plan. The purpose of the CG-1 zone is to provide for the continued use, enhancement, and new development of retail, personal service, entertainment, office,and related commercial uses along major transportation corridors and intersections to service the needs of the residents; reinforcing existing commercial corridors and centers and establishing new locations as residential growth occurs. The purpose of the CR-2 zone is to permit a diversity of regional-serving uses in the Downtown area including local, county, and state 20 X.Properly to be Transferred for Governmental Use Site No. I—City Police Headquarters Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. ]: City Police Headquarters government/administrative uses, professional offices, cultural/historical and entertainment uses, convention facilities, hotels/motels, financial establishments, restaurants, supporting retail and services, educational institutions,public open spaces, and residential and senior housing. D. Estimated Current Value(HSC.$34191.5 00)(M)): The Agency has determined that the ECV for the City Police Headquarters is based on the property's current use as a government building. Due to the previously stated reason,the ECV of the City Police Headquarters is $1.00. E. Site Revenues(HSC$34191.5(c)(1)(E): There are no site revenues generated from the City Police Headquarters. F. History ofEnvironmental Contamination ((HSC.$34191.5(c)(1)(F)): On May 24, 1994, gasoline contaminated soil was identified on the site of the future City Police Headquarters. On December 29, 1994,the contaminated soil was excavated and transported to an acceptable waste management facility. On October 25, 1995, the State Water Resources Control Board issued a"Closure/No further Action"letter.' G. Potential for Transit Oriented Development(TOD)and the Advancement o f Planning Obiectives of the Successor Azency(HSC$34191.5 60(1)(G)): The City Police Headquarters lies just outside a''/2-mile radius from the Downtown San Bernardino Transit Oriented Development (TOD) Area. The TOD is centered at the 12-acre San Bernardino Intermodal Transit Center (Transit Center). The Transit Center will integrate local and regional transportation systems, including the west terminus station for the Redlands Corridor transit service, Metrolink, sbX E Street Bus Rapid Transit (BRT), and local Omnitrans buses. Bicycles and pedestrians will access the station via planned and proposed city bike and pedestrian pathways. The Transit Center will be a major regional transit hub and in the future,the Transit Center could include inter-regional transportation systems such as California High Speed Rail and transit connections to the San Bernardino International Airport. The City's continued activities and improved quality of life are dependent on the provision and maintenance of high quality public services and facilities. The quality of our police facilities and services are important to our sense of community pride and to attract investment and development. The transfer of the City Police Headquarters to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to maintain a facility that allows police staff, communications, and jail facilities to be consolidated into one location. H. History of Previous Development Proposals and Activity(HSC.$34191.5(c)(1)(H)): The City Police Headquarters was constructed for, and is currently being used as, the City Police Headquarters. 2 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=700+n+d+st+san+bernardino 21 III.Property to be Transferred for Governmental Use Site No. I—City Police Headquarters Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. ]: City Police Headquarters L Disposition of Property: The City Police Headquarters is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). i Implementation of the Loner Ran,-e Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the City Police Headquarters to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or (ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 22 III.Property to be Transferred for Governmental Use Site No. I—City Police Headquarters Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 2: City Administration Campus Address: 300N. "D"Street 301N. "E"Street 201N. "E"Street APNs: 0134-251-57 0134-251-60 0134-311-50 0134-251-58 0134-311-40 0134-321-24 0134-251-59 0134-251-62 VW yti,'a nl� ,. 23 III.Property to be Transferred for Governmental Use Site No.2—City Administration Complex Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 2: City Administration Campus A. Permissible Use(HSC k 34191.5 (c)(2)): Site No. 2 is the City Administration Campus, and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(11)): Property records indicate that the City Administration Campus was acquired by the Agency in several separate transactions and carries a total Book Value of$12,523,550. The following table details the property records: Acquisition Details of the City Administration Acquisition Book Original APNs as APN Date Value Acquired b Agency Historical Background 0134-251-57 November 1991 $145,347 0134-251-57 Court Street Square 0134-251-59 June 1969 $144,500 0134-251-59 0134-251-58 May 1970 $128,591 0134-251-58 City Hall Plaza 0134-251-60 $2,573,498 0134-251-37 October 2010 0134-251-51 City Convention Center/ 0134-251-62 $15,725 0134-251-53 Exhibit Hall and Public Plaza 0134-311-40 May 1970 $8,799 0134-311-40 0134-311-48 5-Story Civic Center Parking 0134-311-50 November 1969 $6,007,090 Structure was constructed by the 0134-321-25 Agency in 1971 0134-321-24 December 1989 $3,500,000 0134-321-24 City Hall Annex The City Administration Campus was acquired over time by the Agency, in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight by assembling land and preparing property for future development. The estimated current value (the "ECV") of the City Administration Campus is $1.00. C. Site Information (HSC S 34191.5(c)(1)(C)): The City Administration Campus consists of eight(8)parcels,totaling 8.72 acres located at 300 N. "D" Street, 201 N. "E" Street, and 301 N. "E" Street. The following table describes the City Administration Campus' property improvements: City Administration iImprovements APN Address Current(c)or Type of Structure/ Year Square Former Use Improvement Constructed Footage 0134-251-57 City Hall Parking Lot c Asphalt/Landscaping 47,045 0134-251-58 301 N."D" City Hall Public Plaza(c) Concrete/Pavers/ 1970 46,570 Street Landscaping Renovated- Public City Hall Plaza/ Asphalt/Landscaping/ 2007 0134-251-59 parte Lot c Mini-Am hitheater 41,382 City Meeting Rooms(c)/ 0134-251-60 City Convention Heavy Steel 22,700 301 N."E" Center/ExhibitHall 1990 0134-251-62 Street 5,522 0134-311-40 Public Plaza(c) Landscaping/Pavers 3,071 24 III.Property to be Transferred for Governmental Use Site No.2—City Administration Complex Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 2: City Administration Campus City Administration Campus Property Improvements APN Address Current(c)or Type of Structure/ Year Square Former Use Improvement Constructed Footage 5-Story Par mg Structure that serves City Hall, 0134-311-50 2nd Street IRS, federal Parole 5-Story Concrete 1972 Approx. offices,Omnitrans,Vanir 537,000 tower, 1,545 parking spaces c 0134-321-24 201 N."E" City Hall Annex; 3-Story Masonry 1979 71,953 Street Big 5 Sporting Goods c The City Administration Campus is zoned Commercial Regional-Downtown (CR-2) in the City's General Plan. The purpose of the CR-2 zone is to permit a diversity of regional-serving uses in the Downtown area including local, county, and state government/administrative uses, professional offices, cultural/historical and entertainment uses, convention facilities, hotels/motels, financial establishments, restaurants, supporting retail and services, educational institutions, public open spaces, and residential and senior housing. D. Estimated Current Value(HSC.$34191.5(00)(D)): The Agency has determined that the ECV for the City Administration Campus is $1.00 based on: (i) the property's current uses as City administrative and department offices, City Hall parking areas, and public plazas; and(ii)the lack of revenues generated from the parking areas and public plazas, causing the maintenance of these areas to be borne by the Successor Agency,resulting in a negative cash flow scenario. E. Site Revenues(HSC.$34191.5(c)(1)(E): The City Hall Annex building houses the Successor Agency, the City's Parks, Recreation and Community Services Department, the City's Housing Division, and a "Big 5 Sporting Goods" store. Big 5 is the only revenue generating Tenant and its Lease is described below. On March 28, 1979,the Agency(the "Landlord")entered into a Lease with Big 5 Corporation(the "Tenant"),to lease a portion of the first floor of the City Hall Annex. The basic terms of the Lease are as follows: (i) the Tenant has the exclusive right to conduct a sporting goods business in the City Hall Annex Building;(ii)the Lease term: an initial 20 years with four(4)5-year option periods having a potential end date of 2019; (iii)minimum annual rent of$40,000; (iv)Tenant shall pay to Agency 3%of gross sales; (v)Tenant responsibilities: (a)pay all utilities metered to premises; (b) pay all real property taxes, personal property taxes on its fixtures and equipment and insurance premiums and (c) keep interior of premises, including electrical and plumbing systems in good condition and repair; (vi) Landlord responsibilities: (a) repairs to roof, gutters, downspouts, structural walls, structural portions of the building, sidewalks and alleys adjacent thereto,the main line water, gas, wiring, public utility connections and main line sewers and (b) repairs to any structural defects and damage to the premises caused by the same. Revenues are used to maintain Successor Agency-owned property. 25 X.Properly to be Transferred for Governmental Use Site No.2—City Administration Complex Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 2: City Administration Campus F. History ofEnvironmental Contamination ((HSC$34191.5(c)(1)(F)): There is no known history of environmental contamination.3 4 G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): The City Administration Campus lies within a 1/4-mile radius of the Downtown San Bernardino Transit Oriented Development (TOD) Area. The TOD is centered at the 12-acre San Bernardino Intermodal Transit Center (Transit Center). The Transit Center will integrate local and regional transportation systems, including the west terminus station for the Redlands Corridor transit service, Metrolink, sbX E Street Bus Rapid Transit (BRT), and local Omnitrans buses. Bicycles and pedestrians will access the station via planned and proposed city bike and pedestrian pathways. The Transit Center will be a major regional transit hub and in the future,the Transit Center could include inter-regional transportation systems such as California High Speed Rail and transit connections to the San Bernardino International Airport. The transfer of the City Administration Campus to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to: • Maintain and expand the City's government/Public Office cluster uses; • Maintain the ability of the City to preserve the City Administration Campus as a multi-use community focal point continuing to provide: o City administrative and City Department services/offices; o Meeting space for City Council closed sessions,budget hearings,and other special hearings; and o Parking for City employees and those who do business with the City. • Enable the reuse of the existing convention center by the City; and • Continue to improve and develop efficient circulation systems around the City Administration Campus. H. History of Previous Development Proposals and Activity(HSC k 34191.5(c)(1)(H)): APN 0134-321-24 The City Hall Annex property was purchased by Thrifty Realty in 1979,and a commercial building was constructed that contained a Thrifty Drug Store,a cafeteria,and a sporting goods store. When Thrifty Drug Store went out of business in 1989, the City, then housing the Agency in City Hall, saw the opportunity for the Agency to purchase the property/building,not only for the Agency,but for other City Departments. In 1990, the Agency purchased the City Hall Annex for $3,500,000, to ease the overburdened City offices in City Hall. Currently, the Successor Agency, the City's Parks, Recreation and Community Services Department, and the City's Housing Division are located in the City Hall Annex. The City Hall Annex also contains 3,700 sf of vacant restaurant space and an 11,000 sf"Big 5 Sporting Goods" store. 3 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=300+N+D+Street%2C+san+bernardino 4 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=201+n+e+street+san+bernardino 26 X.Properly to be Transferred for Governmental Use Site No.2—City Administration Complex Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 2: City Administration Campus APN 0134-311-50 The 5-Story Civic Parking Structure was constructed by the Agency as part of its Central City Redevelopment Plan. APN 0134-251-58 These improvements were constructed along with City Hall as a public plaza. APNs 0134-251-57 0134-251-59 Court Street Square and the City Hall parking lots contain approximately 88,000 s£ This property has always been one of the City's most prominent sites. In 1874, the County Courthouse was erected at this location and replaced in 1893 by the former courthouse which was demolished in 1926. In 1970, as part of the plan for the downtown area, this site was set aside for the proposed new San Bernardino Performing Arts Center, and seed funding was made available for this purpose. However,by the early 1990s,it became apparent that approximately$30 million would be required to fund a mid-range performing arts center, and funding could not be secured. During the mid-1990s, Projects for Public Spaces ("PPS") from New York was hired to assess public facility opportunities within the downtown area. One of their recommendations was to create a"Court Street Square"on the site,a public gathering place which would assist in the efforts to revitalize the downtown area by attracting residents to the area with musical concerts and special events,thereby, encouraging them to filter into the other shopping and dining experiences in the downtown area, during and after the events. For a number of years, the use of the Court Street Square on the Property proved to be a popular venue with its regular Friday night concerts, Annual Shakespeare Festival, International Music Festival, annual Easter egg drop and the Route 66 Rendezvous. Concession sales generated were sufficient to cover the cost of the entertainment provided. At that time, the downtown area was home to a fully operational regional mall with all 3 department stores functioning,as well as several signature restaurants. Neither the restaurants nor the mall remain today in their prior forms,and attendance at events has declined significantly. What remains today is an urban pocket park and a City Hall parking lot, of which neither generate any revenues. APNs 0134-251-60 0134-251-62 0134-311-40 The City Convention Center/Exhibit Hall and Public Plaza (the "Convention Center") were constructed in 1970, in conjunction with the construction of the new City Hall. The westerly portion of the City Hall Plaza was constructed as the roof of the Convention Center. In addition, the Convention Center and City Hall share a common wall in the vicinity of the southerly basement entrance to City Hall. 27 X.Properly to be Transferred for Governmental Use Site No.2—City Administration Complex Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 2: City Administration Campus In 1982, the Convention Center was operated on behalf of the Agency and City by English Enterprises, Inc. (the "Operator"). In 1985,the Operator filed for Chapter 11 Bankruptcy. The Council then ceased public use of the Convention Center, the City took control of the building's general maintenance, and the building was used for City business/meetings. As a result, City Council meetings were held in the Convention Center, and, in 1987, the City Convention Center was used to house the City's Department of Public Works. Since the mid-1990's,the Convention Center has been operated by the adjacent hotel, which has been sold several times and closed its doors in 2008. Since 2010,the Agency has used the Convention Center for storage and meeting space. L Disposition of Property: The City Administration Campus is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). J. Implementation of the Long Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the City Administration Campus to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or (ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 28 X.Properly to be Transferred for Governmental Use Site No.2—City Administration Complex Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 3: 1350 S. "E"Street Local Agency Administration Building Address: 1350 S. "E"Street APNs: 0141-252-04 0141-252-06 1fr! R y ..Y JQ r, 29 III.Property to be Transferred for Governmental Use Site No.3: 1350 S. Y"Street Local Agency Administration Building Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 3: 1350S. "E"Street Local Agency Administration Building A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 3 is the 1350 S. "E"Street Local Agency Administration Building(the"1350 S. "E"Street Building"), and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a)as a local agency administrative building by the City. B. Acquisition ofProperty(HSC S 34191.5(c)(1)(A) and.$34191.5(c)(1)(B)): Property records indicate that the 1350 S. "E" Street Building was acquired by the Agency in August 2008, and has a book value of$2,506,800. The 1350 S. "E" Street Building was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value (the "ECV")of the 1350 S. "E" Street Building is approximately $1.00. C. Site Information (HSC S 34191.5(c)(1)(0): The 1350 S. "E" Street Building consists of two (2)parcels (APNs 0141-252-04, -06),which on a combined basis totals 3.08 acres. The 1350 S. "E" Street Building contains one single-story 7,045 square foot administrative building and two single-story ancillary buildings (i.e., one consisting of 2,600 square feet that has been used for administrative purposes and the other consisting of 1,660 square feet that has been used for storage and workshop purposes). The property is zoned Commercial General (CG-1), in the City's General Plan. The purpose of the CG-1 zone is to provide for the continued use, enhancement, and new development of retail, personal service, entertainment, office, and related commercial uses along major transportation corridors and intersections to service the needs of the residents; reinforcing existing commercial corridors and centers and establishing new locations as residential growth occurs. D. Estimated Current Value(HSC S 34191.5(c)MOM The Agency has determined that the ECV for the 1350 S. "E" Street Building is based on the property's use as a local government administrative office building. Due to the previously stated reason,the ECV of the 1350 S. "E" Street Building is $1.00. E. Site Revenues(HSC S 34191.5(c)(1)(E): There are no site revenues generated from the 1350 S. "E" Street Building. F. History ofEnvironmental Contamination ((HSC S 34191.5(c)(1)(F)): There is no known history of environmental contamination.' G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninm Obiectives of the Successor Azency(HSC k 34191.5(c)(1)(G)): There is no potential for Transit Oriented Development, in conjunction with the 1350 S. "E" Street Building. The transfer of the 1350 S. "E" Street Building for a city administration office building to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to (i) maintain City services as close to the downtown area as possible;and(ii)to continue to use existing Agency-owned former government used buildings whenever possible for government use. 5 http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&myaddress=1350+S+E+street+san+bernardi+o 30 III.Property to be Transferred for Governmental Use Site No.3: 1350 S. Y"Street Local Agency Administration Building Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 3: 1350S. "E"Street Local Agency Administration Building H. History of Previous Development Proposals and Activity(HSC k 34191.5(c)(1)(H)): On February 15, 1960,the City purchased one parcel of land consisting of approximately 3.55 acres or 154,638 sf(identified as 1350 S. "E" Street-APN 0141-252-02) from the City of Riverside for water system-related purposes. On May 23, 1966, a 50-year lease with the San Bernardino Valley Municipal Water District("SBVMWD")was approved. Per the terms of the lease,the SBVMWD was to construct an administration office building for the SBVMWD's use. During July of 1969, the SBVMWD also constructed a storage and workshop building. On December 19, 1994,the City sold approximately 133,200 sf of APN 0141-252-02, inclusive of all structures and appurtenances, to the SBVMWD for$190,000. This sale had the effect of creating APN 0141-252-04. The City retained the balance of the site for a sewer lift station. Thereafter,the City fenced off the lift station, leaving an excess of 2.25 feet on the west and 6 feet on the south of the property, or a total of 965 sf. In 1998,the SBVMWD purchased this excess property, which had the effect of creating APN 0141-252-06. The combination of APNs 0141-252-04 and -06 constitute the 1350 S. "E" Street Building. Having outgrown their facilities at 1350 S. "E" Street, in 2008, the SBVMWD relocated their administration headquarters to 380 E. Vanderbilt Way, San Bernardino. During August of 2008, the SBVMWD sold the 1350 S. "E" Street Building to the Agency. Shortly after acquisition,the property was re-occupied and used by the City of San Bernardino's Department of Parks, Recreation and Community Services. Due to several severe physical plant failures and deficiencies (i.e.,most notably,plumbing and HVAC system failures),with respect to the administration office building together with the Successor Agency's shortfall in funding for property maintenance, during 2013,it was necessary that the City's Parks Department vacate the property. Further,during the period of vacancy, the property has suffered from significant amounts of vandalism that, together with the previously deferred maintenance, have made the 1350 S. "E" Street Building uninhabitable. Most recently,the City's Water Department has committed to reoccupy the property and to fund the costs of repair and renovation, subject to the transfer of the property to the City. L Disposition of Property: The 1350 S. "E" Street Building is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). In this instance, it will be utilized by a local agency for administrative functions. J. Implementation of the Lon-Ranze Property Manazement Plan: The transfer of the 1350 S. "E" Street Building to the City of San Bernardino will take place upon the earlier occurrence of (i)DOF's approval of the LRPMP;or(ii)DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 31 X.Property to be Transferred for Governmental Use Site No.3: 1350 S. Y"Street Local Agency Administration Building Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 4: Shandin Hill Public Golf Park Address: 3380 Little Mountain Drive APNs: 0148-011-30 0148-021-59 0148-022-06 32 III.Property to be Transferred for Governmental Use Site No.4—Shandin Hills Public Golf Park Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 4: Shandin Hill Public Golf Park A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 4 is the Shandin Hills Public Golf Park (the "Public Golf Park"), and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition of Property(HSC k 34191.5(c)(1)(A) anilk 34191.5(c)(1)(B)): Property records indicate that the Public Golf Park was acquired by the Agency in several separate transactions and carries a total Book Value of$4,566,073. The following table details the property records: Acquisition Details of Public Park APN Aequisition Date Book Value AdditionaWistorical Acquisition Information 0148-021-59 A ril1974 $27,000 --- 0148-011-30 May 1982 $4,437,973 Donated 0148-022-06 January 1974 $101,000 --- The Public Golf Park was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight through the assembly of land for a public golf course. The estimate current value (the"ECV")of the Public Golf Park property is $1.00. C. Site Information (HSC S 34191.5(c)(1)(0): The Public Golf Park property consists of three (3) parcels (APNs 0148-011-30; 0148-021-59; 0148-022-06)totaling 112.18 acres and is located at 3380 Little Mountain Drive. The Public Golf Park was constructed between 1980 and 1986. The 18-hole golf course contains an 18,409 sf clubhouse. The Public Golf Park is zoned Public/Commercial Recreational (PCR) in the City's General Plan. The purpose of this zone is to provide for the continuation of existing and development of new public and private commercial recreation facilities, which ensure their compatibility with adjacent land uses. The PCR zone designates land uses for(i)baseball stadiums, arenas, exhibition, convention, and sporting facilities; (ii) entertainment, hotels, restaurants, and specialty commercial and farmers markets; (iii) open space; (iv) public and private golf courses; and (v) other such uses that the City may find to be similar with those uses listed above. D. Estimated Current Value(HSC.$34191.5(c)(1)(D)): The Agency has determined that the ECV for the Public Golf Park is$1.00 based on the property's 35 years of use as a as a public recreational golf course. E. Site Revenues(HSC k 34191.5 0(1)(E): In 1978, the Agency entered into a Lease and Operating Agreement (the "First Lease"), later recorded on May 8, 1980, as Instrument No. 80-109858,with All American City Public Golf, Inc. (the "Former Operator"), relative to the Golf Park. The Former Operator took possession of, and accepted the Golf Park"as is"in 1981,and maintained the Golf Park,but did not open it for public play. The Former Operator defaulted under the First Lease, and a notice of default was recorded on November 28, 1984,as Instrument No. 84-284506. The default was not cured,and the rights of the Former Operator,under the First Lease,were terminated. On January 1, 1985,the Agency(the 33 X.Properly to be Transferred for Governmental Use Site No.4—Shandin Hills Public Golf Park Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 4: Shandin Hill Public Golf Park "Landlord")entered into a Lease (the "Second Lease")with Shandin Hills Golf Club, a California corporation, (the "Tenant") for the operation and maintenance of the Golf Park. The basic terms of the Second Lease are as follows: (i)the lease term is for 52 years; expiring in 2037; (ii) the property can only be used for the operation of a public golf course, driving range, automobile parking facility associated with the golf course and related facilities, a food and beverage facility, a golf pro shop and any other uses, reasonably, related or pertaining to golfing activities; any other uses must have consent of the Agency; (iii)minimum annual rent of$200,000 will be paid until 2037; (iv) percentage of rent is based on 20% of green fees, 20% of rental of motorized carts, 20% of rental of hand carts, 5% of Pro Shop merchandise sales, 20%of driving range fees and 5%of banquet, food, beverages and other items not covered in the Second Lease; (v) Tenant shall pay to Agency as "Additional Rent" all taxes and assessments levied; (vi) Tenant responsibilities: (a) pay all taxes, utilities, refuse; (b) maintain all landscaped areas; (c) maintain public parking lot, club house, and other improvements, at no cost to the Agency; (d) operate golf course and maintain inventory, equipment and fixtures at specified levels; (e)maintain golf course during lease term to a standard equal to the Arrowhead Country Club in San Bernardino; (f) maintain drainage easement; and(g) at no cost to Agency,perform all necessary maintenance; and (vii) Landlord responsibilities: (a) Agency shall cause water to be delivered to most northerly boundary of the demised premises at a constant flow of 1,600 gallons per minute at a minimum pressure of 110 lbs and, as an alternative,the Agency has the option to provide pumping facilities on the site; and (b) in the event that the Agency provides pumping facilities as the alternative method of supplying water to the premises,the Agency shall be responsible for maintaining those facilities. From 1985 to 1990,there have been seven(7) amendments to the Lease. On August 25, 2014,the Second Lease was assigned to CF Shandin Hills ARCIS LLC. Annual revenues received from the Public Golf Park amount to$200,000 plus additional rent based on a percentage of gross revenues. Annual revenues for 2015 are estimated to be $290.000. Revenues are used to maintain Successor Agency-owned property. F. History ofEnvironmental Contamination ((HSC.$34191.5(c)(1)(F)): While there is no known history of environmental contamination in conjunction with the Public Golf Park, the Public Golf Park lies within the Newmark Superfund's Source Operable Unit boundary.' G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninz Obiectives of the Successor Agency(HSC k 34191.5(00)(G)): There is no potential for a TOD in conjunction with the Public Golf Park. The transfer of the Public Golf Park to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to: (i) abide by the property's deed restriction that the property be used in perpetuity for a public regulation 18-hole golf course; (ii)assure the Golf Park 6 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=3380+Little+Mountain+Drive 7 http://vosemite.epa.gov/r9/sfund/r9sfdocw.nsf/3dc283e6c5d6O56f88257426007417a2/93d83ae78cb846a288257d2a007b953b/$FILE/10619955.pdf/Newmark%207 14.pdf 34 X.Properly to be Transferred for Governmental Use Site No.4—Shandin Hills Public Golf Park Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 4: Shandin Hill Public Golf Park it is properly operated and maintained; and(iii) and that the Public Golf Park remains an attractive entrance to the City. H. History of Previous Development Proposals and Activity(HSC.$34191.5(c)(1)(H)): There is no history of development proposals and activity in conjunction with the Public Golf Park. L Disposition of Property: The Public Golf Park property is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a), and subject to the recorded deed's restriction, as noted above. J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the Public Golf Park to the City of San Bernardino will take place upon the earlier occurrence of (i)DOF's approval of the LRPMP;or(ii)DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 35 III.Property to be Transferred for Governmental Use Site No.4—Shandin Hills Public Golf Park Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 5: Portion of Seccombe Lake Park Address: 567 N.Sierra Way APN: 0135-061-19 R � AL 36 III.Property to be Transferred for Governmental Use Site No.5—Portion of Seccombe Lake Park Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 5: Portion of Seccombe Lake Park A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 5 is a Portion of Seccombe Lake Park, (the "Park Property") and is proposed to be transferred for government use,pursuant to HSC § 34181 (a). B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5 0(1)(B)): Park Property records indicate that the Park Property was acquired by the Agency in March 2005, and carries a Book Value of$604,756. The Park Property was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value (the "ECV") of the Park Property is $1.00. C. Site Information (HSC k 34191.5(c)(1)(C)): The Park Property consists of one (1)0.96-acre parcel(APN 0135-061-19)located at 567 N. Sierra Way and zoned Public Park (PP) in the City's General Plan. The purpose of the PP zone is to provide for the continuation and enhancement of existing public parks and open space and development of new parks and recreation facilities. D. Estimated Current Value(HSC k 34191.5 0(1)(M)): The Agency has determined that the ECV for the Park Property is $1.00 and is based on the Park Property's current use as a portion of the regional Seccombe Lake Park. E. Site Revenues(HSC k 34191.5 0(1)(E): There are no site revenues generated from the Park Property. F. History ofEnvironmental Contamination ((HSC S 34191.5 0(1)(F)): There is no known history of environmental contamination.' G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninz Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with the Park Property. The transfer of the Park Property to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to (i) preclude the Park Property from coming under the ownership of someone or entity whose plans for the Park Property might be inconsistent with the City's overall plans for Seccombe Lake Park;and(ii)provide the residents of the City with a safe and recreational friendly park in the Downtown area. H. History of Previous Development Proposals and Activity(HSC S 34191.5(c)(1)(H)): The Park Property was previously owned and occupied by the Young Woman's Christian Association (the "YWCA"). During the time of ownership by the YWCA, the Park Property contained a 24,020 sf multi-purpose building with an Olympic sized indoor swimming pool. With the acquisition of the Park Property by the Agency, the YWCA was able to lease-back only that portion of the building that they could use to maintain their programs. In 2007,all programs at the YWCA ceased, and the Park Property was vacated. After the YMCA vacated the Park Property, B http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=567+N+sierra+Wav+San+Bernardino 37 X.Properly to be Transferred for Governmental Use Site No. 5—Portion of Seccombe Lake Park Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. S: Portion of Seccombe Lake Park several acts of vandalism and 2 fires occurred,damaging a significant portion of the pool building. In 2007, the building was demolished due to the significant blight created and the Park Property has remained vacant. L Disposition of Property: The Park Property is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). J. Implementation of the Long Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the Park Property to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or(ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 38 X.Properly to be Transferred for Governmental Use Site No. 5—Portion of Seccombe Lake Park Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 6: Baseball Stadium Park Address: 280 S. Y"Street APN: 0136-111-23 - 44 �a S 39 III.Property to be Transferred for Governmental Use Site No. 6—Baseball Stadium Park Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 6: Baseball Stadium Park A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 6 is the Baseball Stadium Park (the "Baseball Park") and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition of Property(HSC k 34191.5(c)(1)(A) anilk 34191.5 0(1)(B)): Property records indicate that the Baseball Park was acquired by the Agency in several separate transactions and carries a total Book Value of$18,071,278. The following table details the property records: Acquisition Details of Baseball Park Original APNs as APN Acquisition Date Book Value Acquired by Historical Background Agency March 1990 $300,000 0136-101-09 0136-101-19 0136-101-24 March 2005,Certificate of December 1991 $1,276,487 0136-101-27 Compliance,Document No. 0136-111-23 0136-111-04 2005-0502595,was December 1993 $299,019 0136-111-05 recorded in the County of San Bernardino,creating July 1987 $1,200,000 0136-111-17 0136-111-21 APN 0136-111-23 October 1995 $14,995,772 0136-111-22 The Baseball Park was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight by assembling land and preparing property for future development. The estimated current value (the "ECV") of the Baseball Park is $1.00. C. Site Information (HSC$34191.5(c)(1)(C)): The Baseball Park consists of one (1) 27.20-acre parcel (APN 0136-111-23) located at 280 S. "E" Street. The Baseball Park contains a 1,184,832 sf baseball stadium and an adjacent parking lot that were constructed in 1997. The Baseball Park is zoned Central City South (CCS-1) in the City's General Plan. The purpose of the CCS-1 zone is to permit general retail, professional office, and medical types of uses. D. Estimated Current Value(HSC,$34191.5(c)(1)(D)): The Agency has determined that the ECV for the Baseball Park is $1.00 and based on (i) the property's use in the past 18 years as a public recreational facility that hosts, and has hosted, Agency,City, County,and Baseball game events,all for the benefit of the surrounding community; and (ii)the lack of revenues received causing the maintenance of the Baseball Park to be borne by the Successor Agency, resulting in a negative cash flow scenario. E. Site Revenues(HSC S 34191.5(c)(1)Q: On June 28, 1996,the San Bernardino Stampede, Inc. (the "Team") entered into a Lease with San Bernardino to lease the then newly constructed Baseball Park. The original term of the Lease was to December 31, 2006, with 2 5-year options, terminating on December 31, 2016. The Team is responsible for routine maintenance of the playing field and dugouts at the Baseball Park. San 40 X.Properly to be Transferred for Governmental Use Site No. 6—Baseball Stadium Park Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 6: Baseball Stadium Park Bernardino is responsible for all capital related maintenance and improvements to the Baseball Park including but not limited to plumbing, heating, air conditional, electrical, and lighting. The lease includes both a base and performance based rental structure that may be offset to the extent that San Bernardino is unable to meet its maintenance obligations for the Baseball Park. Due to the lack of available revenues, San Bernardino has not been able to fully fund its obligations and as a result the Team has offset its rental payment obligations resulting in no rental receipts for several years, include some prior to redevelopment dissolution. Therefore,no revenues are received by the Successor Agency with respect to the Baseball Park. F. History ofEnvironmental Contamination ((HSC.$34191.5 00)(F)): The majority of the Baseball Park property was purchased from the Southern Pacific Railroad. Due to the Railroad's years of operations on the property,an environmental investigation was completed prior to the Agency acquiring the property. Unfortunately, Agency staff cannot located those environmental records. G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninz Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): The Baseball Park lies within a 1/4-mile radius of the Downtown San Bernardino Transit Oriented Development(TOD)Area. The TOD is centered at the 12-acre San Bernardino Intermodal Transit Center(Transit Center). The Transit Center will integrate local and regional transportation systems, including the west terminus station for the Redlands Corridor transit service, Metrolink, sbX E Street Bus Rapid Transit(BRT), and local Omnitrans buses. Bicycles and pedestrians will access the station via planned and proposed city bike and pedestrian pathways. The Transit Center will be a major regional transit hub and in the future, the Transit Center could include inter-regional transportation systems such as California High Speed Rail and transit connections to the San Bernardino International Airport. The transfer of the Baseball Park to the City of San Bernardino advances the planning objectives of the City and the Successor Agency in order to (i) maintain the presence of the Minor League Baseball team; (ii) continue to create employment opportunities; (iii) assist in the elimination of blight; and (iv)increase the value of adjacent properties. H. History of Previous Development Proposals and Activity(HSC$34191.5 0(1)(H)): The Baseball Park property was acquired over a ten-year period of time. The majority of the properties acquired for the Baseball Park belonged to the Southern Pacific Railroad. The other properties contained businesses that were re-located, and former structures demolished. L Disposition of Property: The Baseball Park is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). 41 III.Property to be Transferred for Governmental Use Site No. 6—Baseball Stadium Park Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 6: Baseball Stadium Park i Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the Baseball Park to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or(ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 42 III.Property to be Transferred for Governmental Use Site No. 6—Baseball Stadium Park Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 7. California National Guard Armory Address: 266 E. 3rd Street APN.• 0135-191-13 • R rrer, F C l4.- 'C - - _._.r �`F� ► Fid� +. F. f.'r r'S F. x � ' ---.' ►FFA '- �.�. "• `� - 'Sr - ?r o L 43 III.Property to be Transferred for Governmental Use Site No. 7—California National Guard Armory Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 7: California National Guard Armory A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 7 is the California National Guard Armory (the "Armory") and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Armory Site was acquired by the Agency in June 2010 and carries a total Book Value of$250,000. The Armory was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value (the "ECV")of the Armory Site is $1.00. C. Site Information (HSC k 34191.5(c)(1)(C)): The Armory consists of one (1) 2.36-acre parcel (APN 0135-191-13) and is located at 266 E. 3rd Street. The Armory contains one 2-story 15,000 sf concrete building. The Armory is zoned Commercial General(CG-1)in the City's General Plan. The purpose of the CG-1 zone is to provide for the continued use, enhancement, and new development of retail, personal service, entertainment, office, and related commercial uses along major transportation corridors and intersections to service the needs of the residents; reinforcing existing commercial corridors and centers and establishing new locations as residential growth occurs. D. Estimated Current Value(HSC S 34191.5(c)(1)(D)): The Agency has determined that the ECV for the Armory is $1.00 and is based on the property's (i) long-term Lease with the State of California Department of General Services (the "DGS"), which expires in 2061; and (ii) the Armory's future use as a Pocket Park/Community Center to serve the residential developments located west and south of the Armory. E. Site Revenues(HSC S 34191.5(c)(1)(E): The Armory generates annual revenues of$1.00 from the Lease with the DGS. The Lease is dated May 1, 1962, with an effective date of May 1, 1962 and expires on April 30, 2061. Upon termination, the Agency, through mutual agreement, may retain the building(s). The Lease also states that the Agency, at its option, may require the site be returned to its original condition, including demolition and cleanup of the site. There is no contractual agreement for the use of revenues generated. F. History ofEnvironmental Contamination ((HSC S 34191.5(c)(1)(F)): There is no known history of environmental contamination.9 G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninz Obiectives of the Successor Agency(HSC k 34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with the Armory. The transfer of the Armory to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to continue to comply with the existing long-term Lease. e http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&myaddress=3rd+street+and+waterman+avenue+san+bernardino 44 III.Property to be Transferred for Governmental Use Site No. 7—California National Guard Armory Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 7. California National Guard Armory H. History of Previous Development Proposals and Activity(HSC,�34191.5(c)(1)(H)): The Armory was leased to the State of California for operating a State National Guard and Armory facility. The Lease amounts to $1.00 per year and is for the land only. The Stated constructed a 15,000 sf building on the site for its operations. L Disposition of Property: The Armory is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). J. Implementation of the Lon-Ranze Property Manazement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the Armory to the City of San Bernardino will take place upon the earlier occurrence of: (i) DOF's approval of the LRPMP; or (ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 45 III.Property to be Transferred for Governmental Use Site No. 7—California National Guard Armory Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 8: U.S.Army Reserve Property Address: 296 E. 3rd Street APN.- 0135-191-14 C- • s 4r P 7— C. Y It ��koro► l • . , o - • - 46 III.Property to be Transferred for Governmental Use Site No. 8—U.S.Army Reserve Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 8: U.S.Army Reserve Property A. Permissible Use(HSC.$34191.5(c)(2)): Site No. 8 is the U.S. Army Reserve Property (the "U.S. Army Reserve Property) and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition of Property(HSC.$34191.5(c)(1)(A) and.$34191.5 0(1)(B)): Property records indicate that the U.S.Army Reserve Property was acquired by the Agency in June 2010 and carries a total Book Value of$250,000. The U.S. Army Reserve Property was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to Agency to alleviate the existence and spread of physical and economic blight. The estimated current value (the "ECV") of the U.S. Army Reserve Property is $1.00. C. Site Information (HSC.$34191.5(c)(1)(C)): The U.S. Army Reserve Property consists of one (1) 2.57-acre parcel (APN 0135-191-14) and is located at 296 E. 3rd Street. The U.S. Army Reserve Property contains two vacant 2-story concrete buildings totaling 12,330 sf and two vacant 1-story concrete buildings totaling 4,800 sf. The U.S. Army Reserve Property is zoned Commercial General (CG-1) in the City's General Plan. The purpose of the CG-1 zone is to provide for the continued use, enhancement, and new development of retail, personal service, entertainment, office, and related commercial uses along major transportation corridors and intersections to service the needs of the residents; reinforcing existing commercial corridors and centers and establishing new locations as residential growth occurs. Although the U.S.Army Reserve Property is currently unoccupied,the U.S. Army Reserve retains the ability to re-occupy the property at any time during the lease,which runs through 2052. D. Estimated Current Value(HSC.$34191.5(c)(1)(D)): The Agency has determined that the ECV for the U.S.Army Reserve Property is$1.00 and is based on (i) the property's long-term Lease with the United States of America, which expires in 2052; and (ii)the U.S. Army Reserve Property's future use as a Pocket Park/Community Center to serve the residential developments located west and south of the Property. E. Site Revenues(HSC.$34191.5 0(1)(E): The U.S. Army Reserve Property generates annual site revenues of$1.00 from the Lease with the United States of America. The Lease is dated May 9, 1952,with an effective date of May 15, 1962 and expires on May 14, 2052. Upon termination, the Agency, through mutual agreement, may retain the buildings. The Lease also states that the Agency, at its option, may require the site be returned to its original condition, including demolition and cleanup of the site. As an alternative, the Army may make payments to the Agency in lieu of restoring the property. There is no contractual agreement for the use of revenue generated. F. History ofEnvironmental Contamination ((HSC$34191.5 0(1)(F)): There is no known history of environmental contamination.10 10 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=3rd+street+and+waterman+avenue+san+bernardino 47 X.Properly to be Transferred for Governmental Use Site No.8—U.S.Army Reserve Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 8: U.S.Army Reserve Property G. Potential for Transit Oriented Development(TOD)and the Advancement o f Planning Obiectives of the Successor Azency(HSC-$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with the U.S. Army Reserve Property. The transfer of the U.S. Army Reserve Property to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to continue to comply with the existing lease. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): The U.S. Army Reserve Property was leased to the United States of America as an operational Army Reserve facility. The Lease amounts to $1.00 per year and is for the land only. The Army constructed several buildings on the site for its operations, consisting of approximately 17,000 sf. L Disposition of Property: The U.S.Army Reserve Property is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). J. Implementation of the Lon-Ranze Property Manazement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the U.S. Army Reserve Property to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or (ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 48 III.Property to be Transferred for Governmental Use Site No.8—U.S.Army Reserve Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 9: Street Right-of-Way #1 Address: N. Stoddard Avenue APN.• 0134-141-36 sF +fit' ;� ��� � F�f- `� 1[ I��I nj ��•,_� r r r r r _ .� .. Mf • •T T 49 III.Property to be Transferred for Governmental Use Site No. 9—Street Right-of-Way#1 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 9: Street Right-of-Way #1 A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 9 is Street Right-of-Way 41 and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition of Property(HSC k 34191.5(c)(1)(A) anilk 34191.5(c)(1)(B)): Property records indicate that Street Right-of-Way 41 was acquired by the Agency in March 1996, and carries a Book Value of$0.00. The following table details the property records: Acquisition Details of i APN Acquisition Date Book Value Original APNs as Historical Background Acquired by Agency Acquired in conjunction with 0134-141-36 March 1996 $0.00 0134-141-27 the planning,development,and construction of the Caltrans District 8 complex project. The Agency acquired Street Right-of-Way 41 as part of a larger land acquisition in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight by assembling land and preparing property for the future development of the Caltrans District 8 complex. The estimated current value (the "ECV") of the Street Right-of-Way #1 is $1.00. C. Site Information (HSC S 34191.5(c)(1)(0): Street Right-of-Way 41 consists of one (1) 0.001-acre parcel (APN 0134-141-36) located on N. Stoddard Avenue, approximately 450 feet north of 4th Street. Although Street Right-of-Way 41 is zoned Commercial Regional-Downtown (CR-2) in the City's General Plan,it will be dedicated to the City for street right-of-way. D. Estimated Current Value(HSC S 34191.5(c)(1)(D)): The Agency has determined that the ECV for Street Right-of-Way 41 is $1.00 and is based on the property's current use as street right-of-way. E. Site Revenues(HSC.$34191.5(c)(1)(E): There are no site revenues generated from Street Right-of-Way 41. F. History ofEnvironmental Contamination ((HSC S 34191.5(c)(1)(F)): There is no known history of environmental contamination." G. Potential for Transit Oriented Development(TOD)and the Advancement o f Planning Obiectives of the Successor Azency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Street Right-of-Way 41. The transfer of Street Right-of-Way 41 to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to allow the Agency to dedicate this remnant of land to the City for street right-of-way purposes. http://Qeotracker.waterboa rds.ca.gov/map/?CMD=run report&myad dress=n+stoddard+ave+and+4th+st+san+berna rd i no# 50 III.Property to be Transferred for Governmental Use Site No. 9—Street Right-of-Way#1 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 9: Street Right-of-Way #1 H. History of Previous Development Proposals and Activity(HSC k 34191.5(c)(1)(H)): In the original acquisition of APN 0134-141-27, a portion was to be quitclaimed by the Agency to the City of San Bernardino for right-of-way purposes in conjunction with the construction of the Caltrans District 8 complex. During the acquisition and transition of the properties between the Agency and Caltrans, Street Right-of-Way 41 inadvertently remained in the name of the Agency and was issued the APN 0134-141-36 as a parcel in fee. L Disposition of Property: The Street Right-of-Way 41 is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the Street Right-of-Way 41 to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or (ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 51 X.Property to be Transferred for Governmental Use Site No. 9—Street Right-of-Way#1 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 10: Street Right-of-Way 92 Address: NEC Athol Street IS. "D"Street APN: 0136-122-69 �f e f f ftirr 1 l WO BEEN— CC �: } .r 52 III.Property to be Transferred for Governmental Use Site No. 10—Street Right-of-Way#2 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 10: Street Right-of-Way 92 A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 10 is Street Right-of-Way 42 and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that Street Right-of-Way 42 was acquired by the Agency in February 1973, and carries a Book Value of$0.00. Street Right-of-Way 42 was supposed to be acquired by the Agency as dedicated right-of-way, but instead was acquired as a fee parcel. The estimated current value (the "ECV") of Street Right-of-Way 42 is $1.00. C. Site Information (HSC S 34191.5(c)(1)(C)): Street Right-of-Way 42 consists of one (1) 0.001-acre parcel(APN 0136-122-69)and is located at the northeast corner of Athol Street and S. "D" Street. Although Street Right-of-Way 42 is zoned Commercial Regional-Downtown(CR-2)in the City's General Plan,it will be dedicated to the City for street road right-of-way. D. Estimated Current Value(HSC S 34191.5(c)(1)(D)): The Agency has determined that the ECV for Street Right-of-Way 42 is $1.00 and is based on the property's current use as street right-of-way. E. Site Revenues(HSC S 34191.5(c)(1)(E): There are no site revenues generated from Street Right-of-Way 42. F. History ofEnvironmental Contamination ((HSC$34191.5(c)(1)(F)): There is no known history of environmental contamination.12 G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninz Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Street Right-of-Way 42. The transfer of Street Right-of-Way 42 to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to allow the Agency to dedicate this remnant of land to the City for street right-of-way purposes. H. History of Previous Development Proposals and Activity(HSC.$34191.5(c)(1)(H)): There is no history of development proposals and activities in conjunction with Street Right-of- Way#2. L Disposition of Property: Street Right-of Way 42 is proposed to be transferred to the City of San Bernardino at no costfor governmental use pursuant to HSC § 34181 (a). 12 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=athol+street+and+s+d+street+san+bernardino 53 III.Property to be Transferred for Governmental Use Site No. 10—Street Right-of-Way#2 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 10: Street Right-of-Way 92 J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the Street Right-of-Way 42 to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or (ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 54 III.Property to be Transferred for Governmental Use Site No. 10—Street Right-of-Way#2 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. H: Street Right-of-Way 93 Address: E. 9'Street APN.• 0278-063-21 rj- I yy �• 1 Lt.Y C. - f -- "logi 55 III.Property to be Transferred for Governmental Use Site No. 11—Street Right-of-Way#3 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 11: Street Right-of-Way 93 A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 11 is Street Right-of-Way 43 and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that Street Right-of-Way 43 was acquired by the Agency in November 1984 and currently carries a Book Value of$0.00. Street Right-of-Way 43 was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight by assembling land and preparing property for future development. The estimated current value (the "ECV") of Street Right-of-Way 43 is $1.00. Acquisition Details iWay 43 Acquisition Book Original APNs as APl Date Value Acquired b Agency Historical Background March 1987,APN 0278-061-67 split into APNs 0278-061-74,-75, 0278-063-21 November 1984 $0.00 0278-061-67 2004 Agency sold APN 0278-061-74, 2004 AP Book 0278 was renumbered creating APN 0278-063-21 C. Site Information (HSC S 34191.5(c)(1)(0): Street Right-of-Way 43 consists of one (1) 0.19-acre parcel (APN 0278-063-21) located on E. 9th Street, approximately 500 feet west of N. Del Rosa Drive. Street Right-of-Way 43 is zoned Residential Medium(RM). The RM designation is intended to promote the development of single- family detached units in a suburban setting with a minimum lot size of 7,200 square feet, and a maximum density of 4.5 units per net acre. D. Estimated Current Value(HSC S 34191.5(c)(1)(D)): The Agency has determined that the ECV for Street Right-of-Way 43 is $1.00 and is based on the property's current use as a road. E. Site Revenues(HSC.$34191.5(c)(1)(E): There are no site revenues generated from Street Right-of-Way 43. F. History ofEnvironmental Contamination ((HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.13 G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninz Obiectives of the Successor Azency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Street Right-of-Way 43 property. The transfer of Street Right-of-Way 43 to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to allow the City to ultimately grant this road to the appropriate end-user for continued property management and maintenance. 13 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=9th+st+and+del+rosa+dr+san+bernardino 56 III.Property to be Transferred for Governmental Use Site No. 11—Street Right-of-Way#3 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 11: Street Right-of-Way 93 H. History of Previous Development Proposals and Activity(HSC k 34191.5(c)(1)(H)): In 1985-86, the housing development adjacent to the west of Street Right-of-Way 43 was constructed. As the aerial photograph confirms, the developer improved Street Right-of-Way 43 as an access drive to the residential project. It appears that the parties intended the property to be a portion of the project site. However, since the City did not vacate the right-of-way,the Agency inadvertently retained ownership of Street Right-of-Way 43. Transferring the property to the City will enable the City to complete its street vacation procedure. L Disposition of Property: Street Right-of-Way 43 is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). J. Implementation of the Loner-Ranze Property Manazement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LR-PMP. It is intended that the transfer of Street Right-of-Way 43 to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or (ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 57 X.Properly to be Transferred for Governmental Use Site No. 11—Street Right-of-Way 93 + Successor othe Redevelopment Agency • ityBernardino / Property Site /. 12: Foothill Drive WaterProperty iiFoothill Drive APNs: 0155-381-11 0155-381-45 t 58 III L��K•�� rl� � r� � L•U5= U[•CS•� Properly Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 12: Foothill Drive Water Well Site Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 12 is the Foothill Drive Flood Water Well Site Property (the "Foothill Drive Property") and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition ofProperty(HSC S 34191.5(c)(1)(A) and.$34191.5 0(1)(B)): Property records indicate that the Foothill Drive Property was acquired by the Agency in several separate transactions and carries a total Book Value of$330,919. The following table details the property records: Acquisition Details qf Foothill Drive Property APN Acquisition Date Book Value Additional/Historical Acquisition Information 0155-381-11 September 1991 $23,480 --- 0155-381-45 April 1992 $307,439 --- The Foothill Drive Property was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight through the assembly of land. The estimate current value (the "ECV") of the Foothill Drive Property is $1.00. C. Site Information (HSC k 34191.5(c)(1)(C)): The Foothill Drive Property consists of two(2)parcels(APN 0155-381-11,-45)totaling 8.63 acres located on Foothill Drive, approximately 325 feet northwest of Manzanita Drive. The Foothill Drive Property is zoned Residential Low (RL) in the City's General Plan. The RL designation is intended to promote the development of low-density, large lot, single-family detached residential units with a minimum average lot size of 10,800 square feet. The RL zone allows a maximum density of 3.1 units per net acre. The RL zone will also accommodate the development of water production,treatment, storage and distribution facilities as well as storm water detention,retention and channeling facilities. D. Estimated Current Value(HSC S 34191.5(c)(1)(D)): The Agency has determined that the ECV for the Foothill Drive Property is based on the following issues: (i) its current use for flood control; (ii) its location within a 100-year flood plain; (iii) its location within an Alquist-Priolo Special Study Zone that identifies two fault traces of the San Andreas Fault; (iv) its location within the Biological Resources Management District; (v) its location within Zone B of the Foothill Communities Protective "Greenbelt"Plan,which is an area of high fire hazard; and (vi)the need to site future City water wells on the Property. Due to the previously stated reasons,the ECV of the Foothill Drive Property is $1.00. E. Site Revenues(HSC S 34191.5(c)(1)(E): There are no site revenues generated from the Foothill Drive Property. 59 X.Properly to be Transferred for Governmental Use Site No. 12—Foothill Drive Water Well Site Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 12: Foothill Drive Water Well Site Property F. History ofEnvironmental Contamination ((HSC$34191.5(c)(1)(F)): There is no known history of environmental contamination.14 G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with the Foothill Drive Property. The transfer of the Foothill Drive Property to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to: • Foster the use of the Property for future flood control and City water well sites; • Provide water supply,transmission, distribution, storage, and treatment facilities to meet present and future water demands in a timely and cost effective manner; • Provide for the construction of upgraded and expanded water supply, transmission, distribution, storage, and treatment facilities to support existing and new development; • Maintain and replace existing water supply, transmission, distribution, storage systems, and treatment facilities as necessary; • Monitor the demands on the water system and, as necessary, manage development to mitigate impacts and/or facilitate improvements; and • Evaluate the Water System Master Plan,as necessary,to accurately determine which water facilities will be needed to serve present and future growth in the City. The Foothill Drive New Water Well Site Property is strategically located with respect to the effective and efficient operation of water production, treatment, storage and distribution facilities as well as storm water detention, retention and channeling facilities to serve the residents of the City. The City is anticipated to prepare a Water and Storm Water Improvement Plan for the property at its expense. H. History of Previous Development Proposals and Activity(HSC S 34191.5(c)(1)(H)): Since 1992, there has been no history of development proposals or activities in conjunction with the Foothill Drive Property due to flood control, water issues, and other hazardous concerns inherent to the development of the Property. L Disposition of Property: The Foothill Drive Property is proposed to be transferred to the City of San Bernardino of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the Foothill Drive Property to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or (ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 14 http:Hgeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=foothill+dr+and+manzanita+san+bernardino 60 X.Properly to be Transferred for Governmental Use Site No. 12—Foothill Drive Water Well Site Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 13: N. "D"Street Parking Lot Address: 480 N. `D"Street 478 N. `D"Street N. `D"Street APN.• 0134-141-28 0134-141-29 0134-141-34 rte' 4k TZ PF )PAv ti r d vq v '���; 61 III.Property to be Transferred for Governmental Use Site No. 13—N. `D"Street Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 13: N. 'T"Street Parking Lot A. Permissible Use(HSC.$34191.5(c)(2)): Site No. 13 is the N. "D"Parking Lot(the "Parking Lot") and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition of Property(HSC$34191.5(c)(1)(A) and.$34191.5(c)(1)(B)): Property records indicate that the Parking Lot was acquired by the Agency on November 21, 1996, and carries a total Book Value of$297,180. The following table details the property records: Acquisition Details of Parking Lot APN Acquisition Book Value Original APNs as Historical Background Date Acquired by Agency 0134-141-28 November 1996 $87,180 0134-141-28 Parcels were assembled for 0134-141-29 0134-141-29 the development and 0134-141-34 January 1996 $60,000 0134-141-18 construction of the Caltrans $150,000 1 0134-141-19 1 District 8 complex The Agency acquired the Parking Lot as part of a larger land acquisition in order to meet the revitalization goals of the City and Agency to alleviate the existence and spread of physical and economic blight by assembling land and preparing property for the future development of the Caltrans District 8 complex. The estimated current value (the "ECV")of the Parking Lot is $1.00. C. Site Information (HSC$34191.5(c)(1)(C)): The Parking Lot consists of three (3) parcels (APNs 0134-141-28, -29, -34) totaling 1.47 acres located at 480 and 478 N. "D" Street. The Parking Lot is zoned Commercial Regional-Downtown (CR-2) in the City's General Plan. The purpose of the CR-2 zone is to permit a diversity of regional-serving uses in the Downtown area including local, county, and state governmental/administrative uses, professional offices, cultural/historical and entertainment uses, convention facilities, hotels/motels, financial establishments, restaurants, supporting retail and services, educational institutions,public open spaces, and residential and senior housing. D. Estimated Current Value(HSC.$34191.5 0(1)(D& The Agency has determined that the ECV for the Parking Lot is $1.00. No fees are charged for the use of the Parking Lot and therefore,the maintenance of the Parking Lot is borne by the Successor Agency causing a negative cash flow scenario. Since the Parking Lot is used by Caltrans employees and patrons, local businesses, and has a negative cash flow, the Parking Lot's ECV is determined to be $1.00. E. Site Revenues(HSC$34191.5 0 M(E)): There are no site revenues generated from the Parking Lot. F. History ofEnvironmental Contamination (HSC.�34191.5(c)(1)(F)): There is no known history of environmental contamination.15 15 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=5th+and+d+st+san+bernardino 62 III.Property to be Transferred for Governmental Use Site No. 13—N. "D"Street Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 13: N. "D"Street Parking Lot G. Potential for Transit Oriented Development(TOD)and the Advancement of Plannin'-Obiectives of the Successor Amency(HSC.$34191.5(c)(1)(G)): The Parking Lot is located within a '/2-mile radius of the Downtown San Bernardino Transit Oriented Development (TOD) Area. The TOD is centered at the 12-acre San Bernardino Intermodal Transit Center (Transit Center). The Transit Center will integrate local and regional transportation systems, including the west terminus station for the Redlands Corridor transit service, Metrolink, sbX E Street Bus Rapid Transit (BRT), and local Omnitrans buses. Bicycles and pedestrians will access the station via planned and proposed city bike and pedestrian pathways. The Transit Center will be a major regional transit hub and in the future,the Transit Center could include inter-regional transportation systems such as California High Speed Rail and transit connections to the San Bernardino International Airport. The transfer of the Parking Lot to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to (i) continue to achieve and maintain a balance between parking supply and demand; (ii) develop a comprehensive parking district; and (iii) continue to serve the public and surrounding businesses. H. History of Previous Development Proposals and Activity(HSC.$34191.5(c)(1)(H)): The Parking Lot is used by Caltrans employees and patrons for overflow parking needs. It was constructed in the 1990's, along with the Caltrans District 8 complex located at 464 W. 4th Street. There is no other history of previous development proposals or activities in conjunction with the Parking Lot. L Disposition of Property: The Parking Lot is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). J. Implementation of the Lon-Ranze Property Manazement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the Parking Lot to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or(ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 63 III.Property to be Transferred for Governmental Use Site No. 13—N. "D"Street Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 14: San Bernardino County Law Library Parking Lot Address: 402 N. "D"Street APN.• 0134-151-31 r�i ' T 77 - 'U 17- 64 III.Property to be Transferred for Governmental Use Site No. 14—San Bernardino County Law Library Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 14: San Bernardino County Law Library Parking Lot A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 14 is the San Bernardino County Law Library Parking Lot (the "Law Library Parking Lot") and is proposed and is proposed to be transferred for government use, pursuant to HSC § 34181 (a). B. Acquisition ofProperty(HSC S 34191.5(c)(1)(A) and.$34191.5 0(1)(B)): Property records indicate that the Law Library Parking Lot was acquired by the Agency in January 1996 and carries a Book Value of$0.00. The following table details the property records: Acquisition Details-of the Law Library Parking Lot APN Acquisition Book Value Original APNs as Historical Background Date Acquired by Agency 0134-151-21 With the 1996 recordation 0134-151-31 January 1996 $0 of Parcel Map 14718,APN 0134-151-25 0134-151-31 was created. The Agency acquired the Law Library Parking Lot as part of a larger land acquisition in order to meet the revitalization goals of the City and Agency to alleviate the existence and spread of physical and economic blight by assembling land and preparing property for the future development of the Caltrans District 8 complex. The estimated current value (the "ECV") of the Law Library Parking Lot is $1.00. C. Site Information (HSC.$34191.5(c)(1)(0): The Law Library Parking Lot consists of one (1) 0.54-acre parcel (APN 0134-151-31) located at 402 N. D Street. The Law Library Parking Lot is zoned Commercial Regional-Downtown (CR-2) in the City's General Plan. The purpose of the CR-2 zone is to permit a diversity of regional- serving uses in the Downtown area including local, county, and state government/administrative uses, professional offices, cultural/historical and entertainment uses, convention facilities, hotels/motels, financial establishments, restaurants, supporting retail and services, educational institutions,public open spaces,and residential and senior housing. D. Estimated Current Value(HSC S 34191.5(c)(1)(D)): The Agency has determined that the ECV for the Law Library Parking Lot is$1.00 and is based on the use of the property as determined in that certain Easement Agreement(the "1995-Agreement") between the Agency(the"Grantor")and the San Bernardino County Law Library Board of Trustees (the "Grantee"), as recorded June 14, 1995, Document No. 1995 0205 100, in the County of San Bernardino, along with that certain Supplemental Easement Agreement (the "1996-Agreement") between the Agency(the"Grantor")and the San Bernardino County Law Library Board of Trustees (the "Grantee"), as recorded January 3, 1996, Document No. 19960001193, in the County of San Bernardino. Pursuant to the terms of the 1995-Agreement,which specific terms as noted below in Section 5 and 6 of the 1995-Agreement, which also carryover to the 1996-Agreement as Sections 7and 8: "5. The easement granted in this Agreement shall extend until Grantor provides Grantee an easement to the property within the City of San Bernardino, County of San Bernardino, California, for the purposes of 65 III.Property to be Transferred for Governmental Use Site No. 14—San Bernardino County Law Library Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 14: San Bernardino County Law Library Parking Lot parking which substitute easement must be approved by Grantee, in writing,which approval shall not be unreasonable withheld. 6. This Agreement, including any interest in this Agreement, shall not be assigned without the prior written consent of the other party but may be conveyed if the Law Library building is conveyed." E. Site Revenues(HSC.$34191.5(c)(1)(E): There are no site revenues generated from the Law Library Parking Lot. F. History ofEnvironmental Contamination ((HSC$34191.5(c)(1)(F)): There is no known history of environmental contamination.16 G. Potential for Transit Oriented Development(TOD)and the Advancement o f Planning Objectives of the Successor Amency(HSC$34191.5(c)(1)(G)): The Law Library Parking Lot is located within a '/2-mile radius of the Downtown San Bernardino Transit Oriented Development (TOD) Area. The TOD is centered at the 12-acre San Bernardino Intermodal Transit Center (Transit Center). The Transit Center will integrate local and regional transportation systems, including the west terminus station for the Redlands Corridor transit service, Metrolink, sbX E Street Bus Rapid Transit (BRT), and local Omnitrans buses. Bicycles and pedestrians will access the station via planned and proposed city bike and pedestrian pathways. The Transit Center will be a major regional transit hub and in the future,the Transit Center could include inter-regional transportation systems such as California High Speed Rail and transit connections to the San Bernardino International Airport. The transfer of the Law Library Parking Lot to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to (i) continue compliance with the 1995- Agreement and 1996-Agreement; (ii) develop a comprehensive parking district; (iii)retain the San Bernardino County Law Library in the Downtown; and (iv) continue to achieve and maintain a balance between parking supply and demand. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): In 1995,Agency staff was assisting the San Bernardino County Law Library Board of Trustees(the "Law Library") to locate a suitable replacement in the downtown for the expanding needs of the Law Library. As a result of the land assembly for the Caltrans District 8 complex, the Agency acquired APNs 0134-151-21, -22, and -25, with APN 0134-151-22 being the former Security Pacific Bank Building. The former Security Pacific Bank Building was selected as the best alternative for the Law Library's expansion needs. The Agency sold the former Security Pacific Bank Building to the Law Library with a stipulation that the Agency would provide parking for the Law Library, and replacement parking if the planning and development of the Caltrans District 8 complex disrupted the Law Library's parking arrangements with the Agency. As a result the 1995- Agreement was recorded. As the planning and development of the Caltrans District 8 complex was underway, some of the Law Library's parking would be taken as road right-of-way, thereby necessitating the 1996-Agreement for replacement parking. 16 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=402+n+d+street+san+bernardino 66 X.Properly to be Transferred for Governmental Use Site No. 14—San Bernardino County Law Library Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 14: San Bernardino County Law Library Parking Lot L Disposition of Property: The Law Library Parking Lot is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). i Implementation of the Loner Ran,-e Property Mana,-ement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the Law Library Parking Lot to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or (ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 67 III.Property to be Transferred for Governmental Use Site No. 14—San Bernardino County Law Library Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 15: N. "F"Street Parking Lot Address: 450 N. "F"Street APNs: 0134-101-09 0134-101-10 TV r jobr 68 III.Property to be Transferred for Governmental Use Site No. 15—N. `F"'Street Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 15: N. "F"Street Parking Lot A. Permissible Use(HSC$34191.5(c)(2)): Site No. 15 is the N. "F"Parking Lot(the "Parking Lot") and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition ofProperty(HSC.$34191.5(c)(1)(A) and.$34191.5(c)(1)(B)): Property records indicate that the Parking Lot was acquired by the Agency in December 2003, and carries a total Book Value of$150,000. The Parking Lot was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value (the "ECV") of the Parking Lot is $1.00. C. Site Information (HSC k 34191.5(c)(1)(C)): The Parking Lot consists of two (2)parcels(APNs 0134-101-09, -10)totaling 0.52 acres located at 450 N. "F"Street. The Parking Lot is zoned Commercial Regional-Downtown(CR-2)in the City's General Plan. The purpose of the CR-2 zone is to permit a diversity of regional-serving uses in the Downtown area including local, county, and state governmental/administrative uses, professional offices, cultural/historical and entertainment uses, convention facilities, hotels/motels, financial establishments, restaurants, supporting retail and services, educational institutions, public open spaces, and residential and senior housing. D. Estimated Current Value(HSC S 34191.5(c)(1)(D& The Agency has determined that the ECV for the Parking Lot is $1.00. No fees are charged for the use of the Parking Lot and therefore,the maintenance of the Parking Lot is borne by the Successor Agency, causing a negative cash flow scenario. Since the Parking Lot is used without charge by local businesses and Theater Square patrons, and has a negative cash flow,the Parking Lot's ECV is determined to be $1.00. E. Site Revenues(HSC S34191.5(c)(1)(E)): There are no site revenues generated from the Parking Lot. F. History ofEnvironmental Contamination (HSC S 34191.5(c)(1)(F)): There is no known history of environmental contamination." G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninz Obiectives of the Successor Amency(HSC.$34191.5(c)(1)(G)): The Parking Lot is located within a '/2-mile radius of the Downtown San Bernardino Transit Oriented Development (TOD) Area. The TOD is centered at the 12-acre San Bernardino Intermodal Transit Center (Transit Center). The Transit Center will integrate local and regional transportation systems, including the west terminus station for the Redlands Corridor transit service, Metrolink, sbX E Street Bus Rapid Transit (BRT), and local Omnitrans buses. Bicycles and pedestrians will access the station via planned and proposed city bike and pedestrian pathways. The Transit Center will be a major regional transit hub and in the future,the Transit Center could 17 http://Qeotracker.waterboards.ca-gov/map/?CMD=runreport&mvaddress=450+N+F+Street+san+Bernardino 69 III.Property to be Transferred for Governmental Use Site No. 15—N. "F"Street Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 15: N. "F"Street Parking Lot include inter-regional transportation systems such as California High Speed Rail and transit connections to the San Bernardino International Airport. The transfer of the Parking Lot to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to (i) continue to achieve and maintain a balance between parking supply and demand; (ii) develop a comprehensive parking district; and (iii) continue to serve the public and residents of the St. Bernardino Senior Complex, as well as Theater Square, including the California Theatre and the Regal Cinema. H. History of Previous Development Proposals and Activity(HSC.$34191.5(c)(1)(H)): The Parking Lot plays a vital role in the success of Theater Square,which currently consists of the California Theatre and the Regal Cinema Multi-Plex. There is no other history of previous development proposals or activities in conjunction with the Parking Lot. L Disposition of Property: The Parking Lot is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). J. Implementation of the Lon,--Ranke Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the Parking Lot to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or(ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 70 III.Property to be Transferred for Governmental Use Site No. 15—N. "F"Street Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 16: W. 5th Street Parking Lot Address: 512 W. 5th Street APN.• 0134-062-12 r Ilk, r �f l r= - - - r � 71 III.Property to be Transferred for Governmental Use Site No. 16—W 5'Street Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 16: W. 5th Street Parking Lot A. Permissible Use(HSC.$34191.5(c)(2)): Site No. 16 is the W. 5th Street Parking Lot(the "Parking Lot")and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition of Property(HSC$34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Parking Lot was acquired by the Agency in November 1990,and carries a Book Value of$500,000. The Parking Lot was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value (the "ECV") of the Parking Lot is $1.00. C. Site Information (HSC$34191.5(c)(1)(C)): The Parking Lot consists of one (1) 1.01-acre parcel (APN 0134-062-12) located at 512 W. 5th Street. The Parking Lot is zoned Commercial Regional-Downtown (CR-2) in the City's General Plan. The purpose of the CR-2 zone is to permit a diversity of regional-serving uses in the Downtown area including local, county, and state governmental/administrative uses, professional offices, cultural/historical and entertainment uses, convention facilities, hotels/motels, financial establishments, restaurants, supporting retail and services, educational institutions, public open spaces, and residential and senior housing. D. Estimated Current Value(HSC S 34191.5(c)MOM The Agency has determined that the ECV for the Parking Lot is $1.00. No fees are charged for the use of the Parking Lot and therefore,the maintenance of the Parking Lot is borne by the Successor Agency, causing a negative cash flow scenario. Since the Parking Lot is used without charge by local businesses,the St. Bernardine Senior Housing complex and Theater Square patrons, and has a negative cash flow,the Parking Lot's ECV is determined to be $1.00. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Parking Lot. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.18 G. Potential for Transit Oriented Development(TOD)and the Advancement of Plannin,-Obiectives of the Successor Azency(HSC$34191.5 60(1)(G)): The Parking Lot is located within a '/2-mile radius of the Downtown San Bernardino Transit Oriented Development (TOD) Area. The TOD is centered at the 12-acre San Bernardino Intermodal Transit Center (Transit Center). The Transit Center will integrate local and regional transportation systems, including the west terminus station for the Redlands Corridor transit service, Metrolink, sbX E Street Bus Rapid Transit (BRT), and local Omnitrans buses. Bicycles and pedestrians will access the station via planned and proposed city bike and pedestrian pathways. The Transit Center will be a major regional transit hub and in the future,the Transit Center could include inter-regional transportation systems such as California High Speed Rail and transit connections to the San Bernardino International Airport. 18 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=512+w+5th+st+san+bernardino 72 III.Property to be Transferred for Governmental Use Site No. 16—W 5'Street Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 16: W. 5th Street Parking Lot The transfer of the Parking Lot to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to (i) continue to achieve and maintain a balance between parking supply and demand; (ii) continue to serve the parking needs of the public; and develop a comprehensive parking district. H. History ofPrevious Development Proposals and Activity(HSC.$34191.5(c)")(H)): The Parking Lot site was once home to the California Hotel, built in 1927. The Hotel closed its doors in 1972, and was demolished in 1985. The Parking Lot was constructed to reduce blight and fugitive dust. There is no other history of previous development proposals or activities in conjunction with the Parking Lot. L Disposition of Property: The Parking Lot is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). J. Implementation of the Loner-Ranze Property Manazement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the Parking Lot to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or(ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 73 III.Property to be Transferred for Governmental Use Site No. 16—W 5'Street Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 17: W. Church Street Parking Lot Address: W. Church Street APNs: 0134-071-19 0134-071-26 0134-071-24 0134-071-58 ZW *r 74 III.Property to be Transferred for Governmental Use Site No. 17—W Church Street Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 17: W. Church Street Parking Lot A. Permissible Use(HSC.$34191.5(c)(2)): Site No. 17 is the W. Church Street Parking Lot (the "Parking Lot") and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition ofProperty(HSC.$34191.5(c)(1)(A) and.$34191.5(c)(1)(B)): Property records indicate that the Parking Lot was acquired by the Agency in several separate transactions and carries a total Book Value of$46,057. The following table details the property records: Acquisition Details of Parking APN Acquisition Date Book Value Additional/Historical Acquisition In ormation 0134-071-19 July 1990 $26,000 Acquired with other parcels that have since been sold 0134-071-24 0134-071-26 December 2004 $20,057 Donated 0134-071-58 The Parking Lot was acquired by the Agency in order to meet the revitalization goals of the City and Agency to alleviate the existence and spread of physical and economic blight by assembling land and preparing property for future development. The estimated current value (the "ECV") of the Parking Lot is approximately$1.00. C. Site Information (HSC$34191.5(c)(1)(0): The Parking Lot consists of four(4)parcels (APNs 0134-071-19, -24, -26, -58)totaling 0.60 acres located on W. Church Street. The Parking Lot is zoned Commercial Regional-Downtown (CR-2) in the City's General Plan. The purpose of the CR-2 zone is to permit a diversity of regional- serving uses in the Downtown area including local, county, and state governmental/administrative uses, professional offices, cultural/historical and entertainment uses, convention facilities, hotels/motels, financial establishments, restaurants, supporting retail and services, educational institutions,public open spaces,and residential and senior housing. D. Estimated Current Value(HSC k 34191.5(c)(1)(D)): The Agency has determined that the ECV for the Parking Lot is $1.00. No fees are charged for the use of the Parking Lot and therefore,the maintenance of the Parking Lot is borne by the Successor Agency, causing a negative cash flow scenario. Since the Parking Lot is used without charge by local businesses and Theatre Square patrons and has a negative cash flow,the Parking Lot's ECV is determined to be $1.00. E. Site Revenues(HSC S 34191.5(c)(1)(E)): There are no site revenues generated from the Parking Lot. F. History ofEnvironmental Contamination (HSC k 34191.5(c)(1)(F)): There is no known history of environmental contamination.19 19 http://Qeotracker.waterboards.ca-gov/map/?CMD=runreport&mvaddress=w+church+st+san+bernardino 75 III.Property to be Transferred for Governmental Use Site No. 17—W Church Street Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 17: W. Church Street Parking Lot G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninp Obiectives of the Successor Amency(HSC.$34191.5(c)(1)(G)): The Parking Lot is located within a '/2-mile radius of the Downtown San Bernardino Transit Oriented Development (TOD) Area. The TOD is centered at the 12-acre San Bernardino Intermodal Transit Center (Transit Center). The Transit Center will integrate local and regional transportation systems, including the west terminus station for the Redlands Corridor transit service, Metrolink, sbX E Street Bus Rapid Transit (BRT), and local Omnitrans buses. Bicycles and pedestrians will access the station via planned and proposed city bike and pedestrian pathways. The Transit Center will be a major regional transit hub and in the future,the Transit Center could include inter-regional transportation systems such as California High Speed Rail and transit connections to the San Bernardino International Airport. The transfer of the Parking Lot to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to (i) continue to achieve and maintain a balance between parking supply and demand; (ii)continue to serve the parking needs of the public; (iii)and develop a comprehensive parking district H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): In June 2006, Douglas DuBois approached the Agency to enter into a Project Development Study to ultimately purchase the Parking Lot; the purchase transaction did not move forward. There is no history of previous development proposals or activities in conjunction with the Parking Lot. However,in November 2009,a Use Permit was executed between the Agency and Douglas DuBois (the "Permittee")for the use of the westerly portion of the Parking Lot(APNs 0134-071-24, -26, - 58). The terms of the Use Permit require that the Permittee maintains the Parking Lot and carries insurance and indemnification policies. The Use Permit may be terminated without cause by either the Agency or the Permittee by giving ten (10) day written notice;there is no termination date for the Use Permit. L Disposition of Property: The Parking Lot is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a). J. Implementation of the Loner-Ranke Property Mana,-ement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the Parking Lot to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or(ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 76 X.Properly to be Transferred for Governmental Use Site No. 17—W Church Street Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 18: N. Mt Vernon Avenue/W. 5th Street Public Access/Parking Lot Address: N.Mt. Vernon Avenue& W. 5'Street APN.• 0138-122-33 77 III.Property to be Transferred for Governmental Use Site No. 18—N.Mt. Vernon Avenue/W. 5'Street Public Access/Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 18: N. Mt Vernon Avenue/W. 5th Street Public Access/Parking Lot A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 18 is the N. Mt. Vernon Avenue /W. 5th Street Public Access /Parking Lot (the "Public Access / Parking Lot") and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition ofProperty(HSC S 34191.5(c)(1)(A) and.$34191.5 0(1)(B)): Property records indicate that the Public Access / Parking Lot was acquired by the Agency in November 2002,and carries a Book Value of$0.00. The Public Access/Parking Lot was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight,and from an operational standpoint,the City and the Agency agreed that it would be in the best interest of the public, and the businesses that benefitted from the Public Access /Parking Lot if it be transferred to the Agency for compliance with the 1980-REA, along with its continued maintenance. The estimated current value (the "ECV") of the Public Access/Parking Lot is $1.00. C. Site Information (HSC k 34191.5(c)(1)(0): The Public Access/Parking Lot consists of one (1) 1.81-acre parcel (APN: 0138-122-33) located at the northeast corner of N. Mt. Vernon Avenue and W. 51h Street. The Public Access /Parking Lot is landscaped with grass, shrubs,and trees, as well as an irrigation system. The Public Access /Parking Lot is zoned Commercial General (CG-3) in the 1992-Paseo Las Placitas Specific Plan (the "1992-SP"). The purpose of the CG-3 zone is to allow for local and regional serving retail, personal service, entertainment, office, and related commercial uses. In addition to the CG-3 designation, the 1992-SP identifies the Public Access / Parking Lot as self-contained parking to conform to the recorded 1980-Restriction and Easement Agreement (the "1980-REA") recorded on March 11, 1980. D. Estimated Current Value(HSC S 34191.5(c)(1)(D)): The Agency has determined that the ECV for the Public Access/Parking Lot is$1.00. No fees are charged for the use of the Public Access/Parking Lot and therefore,the maintenance of the Public Access/Parking Lot is borne by the Successor Agency, causing a negative cash flow scenario. In addition,the 1980-REA: (i)designates the Public Access/Parking Lot as a"Public Area"that shall be publicly owned; (ii) identifies the "Public Area" as APN 0138-122-33; (iii) prohibits the commercial use of the "Public Area" and any construction of any facility other than for parking; (iv)identifies the uses of the"Public Area"as being for: free public parking for vehicles,pedestrian traffic, and loading and unloading operations with respect to existing businesses; (v) the Agency and City have the right to terminate their interest in the "Public Area"after the first five (5)years of the REA, or maintain their interest for fifty (50) year (2030) or for no longer than ninety-nine (99)years (2080); and(vi)if the Agency and City interest is terminated in the "Public Area,"then it is to be conveyed to tenants' association or if no association then conveyed to the record owners of each parcel as tenants in common of an undivided 1/7 interest each, for each parcel owned, of the "Public Area" and who shall have no right to refuse the conveyance. Due to the restrictions and covenants of the 1980-REA, and its negative cash flow, the ECV for the Public Access / Parking Lot is $1.00. 78 X.Properly to be Transferred for Governmental Use Site No. 18—N.Mt. Vernon Avenue/W. 5'Street Public Access/Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 18: N. Mt Vernon Avenue/W. 5th Street Public Access/Parking Lot E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Public Access / Parking Lot. The Public Access / Parking Lot has a negative cash flow which is borne by the Agency. F. History ofEnvironmental Contamination (HSC k 34191.5(c)(1)(F)): There is no history of environmental contamination.20 G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninp Obiectives of the Successor Azency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD. The transfer of the Public Access/Parking Lot to the City of San Bernardino advances the planning objectives of the City and the Successor Agency to maintain the Public Access / Parking Lot in accordance with the 1980-REA and to continue to serve the parking needs of the public. H. History of Previous Development Proposals and Activity(HSC S 34191.5(c)(1)(H)): There is no history of previous development and activity. L Disposition of Property: The Public Access /Parking Lot is proposed to be transferred to the City of San Bernardino at no cost for the reasons stated above, retained for governmental use pursuant to HSC § 34181 (a), and subject to the restrictions and covenants of the recorded 1980-REA. J. Implementation of the Loner-Ranze Property Manazement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the Public Access / Parking Lot to the City of San Bernardino will take place upon the earlier occurrence of (i) DOF's approval of the LRPMP; or (ii) DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 20 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=5th+street+and+mt+vernon+san+bernardino 79 X.Properly to be Transferred for Governmental Use Site No. 18—N.Mt. Vernon Avenue/W. 5'Street Public Access/Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 19: 2003-HUB Development Parking Lot Address: S. Tippecanoe Avenue APN.• 0281-401-13 -- ` - u P � -rLt te' .�- ti: L p - 80 III.Property to be Transferred for Governmental Use Site No. 19—2003-HUB Development Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 19: 2003-HUB Development Parking Lot A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 19 is the 2003-HUB Development Parking Lot(the "HUB Parking Lot")and is proposed to be transferred to the City of San Bernardino for governmental use pursuant to HSC § 34181 (a). B. Acquisition of Property(HSC k 34191.5(c)(1)(A) anilk 34191.5(c)(1)(B)): Property records indicate that the HUB Parking Lot was acquired by the Agency in July 2004 and carries a Book Value of$0.00. The HUB Parking Lot was acquired by the Agency as part of a larger land acquisition in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight by assembling land and preparing property for future development. The estimated current value (the "ECV") of the HUB Parking Lot is $1.00. Acquisition Details of the HUB Parking Lot APN Acquisition Book Original APNs as Historical Background Date Value Acquired by Agency Condition of the 2002-OPA 0281-401-13 July 2004 $0.00 0281-082-56 between the Agency and In- N-Out C. Site Information (HSC k 34191.5(c)(1)(C)): The HUB Parking Lot consists of one(1)0.11-acre parcel(APN 0281-401-13)and is located along S. Tippecanoe Avenue. The HUB Parking Lot is aop rtion (8 parking spaces) of an 8.75-acre parking lot that was constructed along with the HUB Development, as herein later defined. The HUB Parking Lot is zoned Commercial Regional-Tn*City/Club (CR-3) in the City's General Plan. The purpose of the CR-3 zone is intended to permit a diversity of regional-serving uses including corporate and professional offices,retail commercial,entertainment(theaters,nightclubs, etc.), financial establishments, restaurants (drive-thrus south of I-10 and adjacent to Tippecanoe Avenue between Hospitality Lane and I-10 only), hotels/motels, warehouse/promotional retail, supporting retail and services, and similar uses. D. Estimated Current Value(HSC$34191.5(c)(1)(D)): The Agency has determined that the ECV for the HUB Parking Lot is $1.00 and is based on the property's current uses as aop rtion of a parking lot for a major shopping center development that was constructed in 2003. E. Site Revenues(HSC S 34191.5(c)(1)(E): There are no site revenues generated from the HUB Parking Lot. F. History ofEnvironmental Contamination ((HSC S 34191.5(c)(1)(F)): There is no known history of environmental contamination.Z' 21 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=1065+E+Harriman+san+bernardino 81 X.Properly to be Transferred for Governmental Use Site No. 19—2003-HUB Development Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 19: 2003-HUB Development Parking Lot G. Potential for Transit Oriented Development(TOD)and the Advancement of Plannin,-Obiectives of the Successor Amency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with the HUB Parking Lot. The transfer of the Parking Lot to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to (i) divest the Agency of ownership of a portion of a major shopping center (the "2003-HUB Development") parking lot; (ii) maintain the efficacy of the existing parking lot of the 2003-HUB Development; and (iii) fulfill the 2002 Owner Participation Agreement executed between the Agency and SBT Partners, LLC that provided for the Agency to transfer a portion of APN 0281-082-56 once purchased by the Agency for inclusion into the 2003- HUB Development. H. History of Previous Development Proposals and Activity(HSC_$34191.5(c)(1)(H)): Subsequent to the approval of the May 21, 2001, Disposition and Development Agreement between the Agency and SBT Partners,LLC (the "HUB Developer"), to develop approximately 268,000 square feet of commercial space on 24.5 acres located at the northwest corner of Tippecanoe Avenue and Interstate-10(1- (the "HUB Development"),on March 19,2002,an Owner Participation Agreement (the "2002-OPA") between the Agency and In-N-Out Burgers ("INO")was finalized and approved for the relocation of an existing INO on Tippecanoe Avenue north of I-10. The 2002-OPA provided that the Agency would purchase the southerly portion of APN 0281-082-56 (the "Agency Parcel")from INO for$68,205. Once the Agency held title,the Agency would then transfer the Agency Parcel to the HUB Developer for inclusion into the HUB Development and to be developed by the HUB Developer as part of the HUB Development. The Agency took title to the Agency Parcel on July 26, 2004. For unknown reasons, the transfer of the HUB Development Parking Lot mistakenly did not take place. However and as confirmed by the aerial photograph,the HUB Developer improved the parcel as part of the HUB Development without realizing that the Agency Parcel had not been transferred. Pursuant to the issuance of a Certificate of Completion, the 2002-OPA is no longer operative. As a result and consideration that the Successor Agency is not able to act in the matter,the best solution it to transfer the property to the City and allow the City to work with the affected parties to rectify the oversight. L Disposition of Property: The HUB Parking Lot is proposed to be transferred to the City of San Bernardino at no cost for governmental use pursuant to HSC § 34181 (a) for transfer to the appropriate entity. J. Implementation of the Loner-Ranze Property Manazement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. It is intended that the transfer of the HUB Parking Lot to the City of San Bernardino will take place upon the earlier occurrence of (i)DOF's approval of the LRPMP;or(ii)DOF's approval of a resolution specifically authorizing the transfer. The transfer will occur at no cost to the City. 82 X.Properly to be Transferred for Governmental Use Site No. 19—2003-HUB Development Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 IV. Property to be Transferred for Future Development F • r 1fi L r � l � 83 IV.Property to be Transferred for Future Development Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Property to be Transferredfor Future Development' Site No. Address APN Site Size Zonings Permissible Estimated Site Reference .xt ac Use Current Value 0134-181-28 396 N."E"Street 0134-182-04 0134-211-34 333 N."H"Street 0134-211-38 0134-221-43 20. 144 Carousel Mall 0134-221-45 CG-1 h'uture Carousel Mall(13) 0134-231-27 41.12 CR-2 Development $4,750,000 120-295 Carousel 0134-231-28 Mall 0134-231-29 0134-231-31 322-344 North E 0134-291-11 0134-301-20 0134-301-22 0140-273-21 0134-131-10 0134-131-30 780 N."E"Street 0134-121-25 21. 562 W.4th Street 0134-121-27 5.58 Ph' h'uture $14,470,000 Theater Square(10) 450 N."E"Street 0134-131-28 CR-2 Development 0134-131-29 0134-131-35 0134-131-36 0134-131-37 742 W. Spruce 0134-053-20 Street 0134-053-21 22 W. Spruce Street 0134-053-22 W. 5'Street l W. Spruce 555 N."H"Street 0134-053-23 N."H' Street 0134-053-25 1.69 CR-2 Future $275,000 Street/N."H"Street 746 W. 5th Street 0134-053-26 Development Commercial Property(9) W Spruce Street 0134-054-07 723 W. Spruce 0134-054-08 Street 0134-054-09 23. 575 W. 5th Street 0134-093-07 h'uture Vacant W. 5th Street 701 W. 5th Street 0134-093-08 0.53 CR-2 Development $97,000 Commercial Property(3) N."G"Street 0134-093-09 24. 552 N.Mt.Vernon 0138-114-09 Vacant N.Mt.Vernon Avenue 0138-114-10 SP-PP l"uture Avenue&Vacant W. 1316 Spruce Street 0138-114-11 0.56 CG-3 Development $193,000 Spruce Street Commercial 578 N.Mt.Vernon 0138-114-18 Property(4) Avenue 25. 542 N.Mt.Vernon 0138-115-13 0.95 SP-PP h'uture $1,950,000 ARCO Gas Station(1) Avenue CG-3 Development '(x)The number in parenthesis reflects the number of parcels that constitute the Site. 2 See Exhibit"G"for Assessor Parcel Maps for Future Use properties s See Exhibit"I"for zoning/land use information 84 IV.Property to be Transferred for Future Development Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Property to be Transferredfor Future Development' Site No. Address APN Site Size Zoning' Permissible Estimated Site Reference xt ac Use Current Value 0261-111-27-- 0261-111-23 0261-111-25 0261-111-29 0261-111-30 26 0261-111-33 "Macro"Address: 0261-111-35 RL Vacant N.Little League Future N.Little League 0261-111-37 93.90 RL-3.5 $3,281,000 Drive&I-215 Residential Drive/I-215 0261-111-40 PFC Development Property(129) 0261-121-01 to-03 0261-121-13 0261-121-14 0261-451-01 to-48 0261-461-01 to-66 0261-171-06 (x)The number in parenthesis reflects the number of parcels that constitute the Site. See Exhibit"G"for Assessor Parcel Maps for Future Use properties s See Exhibit"I"for zoning/land use information 85 IV.Property to be Transferred for Future Development Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 20: Carousel Mall Address: 333 N. "H" 396N. "E" 144 Carousel 322-344 N. "E" 120-295 APNs: Street Street Mall Street Carousel Mall 0134-231-31 0134-182-04 0134-221-43 0134-181-28 0134-231-28 0134-211-34 0134-291-11 0134-211-38 0134-301-20 0134-221-45 0134-301-22 0134-231-27 0134-231-29 LP 86 IV.Property to be Transferred for Future Development Site No.20—Carousel Mall Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 20: Carousel Mall A. Permissible Use(HSC$34191.5(c)(2)): Site No. 20 is the Carousel Mall and is proposed to be transferred to the City of San Bernardino for future development pursuant to HSC § 34191.5 (c)(2). B. Acquisition ofProperty(HSC.$34191.5(c)(1)(A) and$34191.5(c)(1)(B)): Property records indicate that the Carousel Mall was acquired by the Agency in several separate transactions and carries a total Book Value of$18,935,874. The following table details the property records: APN Acquisition Book Value Original APNs as Historical Background Date Acquired b Agency $68,824 0134-181-29 $137,649 0134-191-28 0134-221-45 $13,356 0134-201-26 $192,709 0134-211-39 $141,779 0134-221-44 June 1973 $4,817 0134-221-46 Part of an urban renewal $89,472 0134-231-30 project California R-79 $68,824 0134-264-18 0134-231-31 $199,591 0134-271-31 $199,591 0134-281-21 $206,474 0134-291-12 $137,649 0134-301-28 December Donated by San Bernardino 0134-182-04 2014 $318,144 Economic Development Corporation 0134-221-43 December $706,995 --- --- 2006 0134-181-28 0134-211-34 0134-211-38 0134-231-27 0134-231-28 May 2011 $16,450,000 --- --- 0134-231-29 0134-291-11 0134-301-20 0134-301-22 The Carousel Mall was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value (the "ECV") of the Carousel Mall is approximately $4,750,000. 87 IV.Property to be Transferred for Future Development Site No.20—Carousel Mall Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 20: Carousel Mall C. Site Information (HSC.S 34191.5(c)(1)(C)): The Carousel Mall consists of thirteen (13)parcels totaling approximately 40.08 acres. The main address of the Carousel Mall is 295 Carousel Mall. The following table describes the Carousel Mall's improvements: Carousel APN Address Current(c)or Type of Structure Year Square Former Use /Im rovement Constructed Footage 0134-181-28 144 Carousel Mall Auto Repair(t) Masonry 1973 15,072 0134-182-04 333 N."H"Street Vacant --- 3-Story 0134-221-43 396 N."E"Street Office/Retail(fl Unreinforced 1941/1965 32,848 Masonry 0134-211-34 Retail(c) 2-Story Concrete 36,243 0134-211-38 Retail(c) 2-Story Concrete 146,784 0134-221-45 Parking Lot(c) Asphalt/Concrete 14,347 Parking Structure 0134-231-27 120-295 Carousel Retail(c) 2-Story Concrete 33,190 0134-231-29 Mall Retail(c) 2-Story Concrete 1973 80,252 0134-231-31 Parking Lot(c) Asphalt/Concrete 1,336,412 Parking Structure 0134-291-11 Retail c 2-Story Concrete 168,716 0134-301-20 Retail(c) Concrete 76,949 0134-301-22 Retail(c) 2-Story Concrete 36,972 0134-231-28 322-344 N."E" Retail(c) Metal Frame/Stucco 1971-1972 7,644 Street The Carousel Mall zoned Commercial Regional-Downtown(CR-2)and Commercial General(CG- 1) in the City's General Plan. The purpose of the CR-2 zone is to permit a diversity of regional- serving uses in the Downtown area including local, county, and state governmental/administrative uses, professional offices, cultural/historical and entertainment uses, convention facilities, hotels/motels, financial establishments, restaurants, supporting retail and services, educational institutions,public open spaces, and residential and senior housing. The purpose of the CG-1 zone is to provide for the continued use, enhancement, and new development of retail,personal service, entertainment, office, and related commercial uses along major transportation corridors and intersections to service the needs of the residents; reinforcing existing commercial corridors and centers and establishing new locations as residential growth occurs. The Carousel Mall is located within the City's"E" Street Strategic Area. "E"Street is a significant north-south roadway located in the central portion of the City. "E" Street connects Downtown to Baseline, Highland, and to the 30 freeway on the northern end, and Hospitality Lane to the south. "E" Street currently has the greatest number of transit trips in the Omnitrans system,which makes it an ideal candidate for development. 88 IV.Property to be Transferred for Future Development Site No.20—Carousel Mall Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 20: Carousel Mall D. Estimated Current Value(HSC.$34191.5 (c)(1)(D)): To determine the ECV for the Carousel Mall,in January 2015,the Agency conducted a comparable sales analysis through the National Data Collective.ZZ The comparable sales result was then offset by three (3) significant cost issues: (i)the cost to demolish the mall structure,while protecting the privately owned historic buildings in extreme close proximity to the mall structure; (ii)the cost for additional environmental studies as recommended and studies that need to be conducted(i.e.,lead- paint and asbestos survey and abatement, investigation of recognized environmental concerns), along with the potential cost for remediation; and (iii) the unpaid balance of back taxes owed by the previous owner of the Carousel Mall. After accounting for the additional costs, the ECV was determined to be approximately $4,750,000, as depicted below: Comparable Sales Value: $10,300,000 Environmental Analysis/Remediation: ($750,000) Demolition Costs: ($3,800,000) ECV: $4,750,000 Currently, the Carousel Mall, as a whole, has three owners: the Successor Agency (as owner and as successor in interest to the Agency,Monwar,Upham,and the Mall Developer),El Cortes Ingles de Spain (as successor in interest to Harris'), and Pine Mountain Development, LLC(as successor in interest to Penney's and Upham) (collectively to be known as the "Parties of Interest"). Factors that will affect the future development of the Carousel Mall are the restrictions and easements that run with the land as found in the 1970 recorded Restriction and Easement Agreement(the "1970-REA")between the Agency,the City of San Bernardino (the "City"), J.C. Penney Company ("Penney's"), Monwar Property Corporation ("Monwar"),the Harris Company ("Harris'),John S.Griffith&Co.and Curci-Turner Co. (the"Mall Developer"or the"Developer"), Upham Development Company ("Upham"), and Connecticut General Mortgage and Realty Investments. All covenants, conditions, restrictions, rights, reservations, easements, liens and charges set forth in the 1970-REA inure to the benefit of the successors and assigns of the respective parties to the 1970-REA.zs The 1970-REA is for a term of 50 years (first termination date December 24, 2020), but for no longer than 99 years (December 24, 2069). At the termination of the 1970-REA, the Parties of Interest may elect to exercise its option to purchase portions of the Agency parking parcels. A breach of the 1970-REA by one of the Parties of Interest does not entitle that Party to cancel or rescind or otherwise terminate the 1970-REA.24 Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. p www.ndcdata.com zs 1970 Restriction and Easement Agreement,pg.71,as document recorded in the County of San Bernardino,Book 7580,Page 280 of Official Records 24 Ibid.,pg.69 89 IV.Property to be Transferred for Future Development Site No.20—Carousel Mall Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 20: Carousel Mall E. Site Revenues(HSC.$34191.5(c)(1)(EM The Carousel Mall generates revenues from several leases/rental agreements as the following table indicates: Carousel Mall LeaselRental Revenues A reement Type Agreement MonthAnnual Lease Rental Payment Tenant Expiration Payment* Revenue Date Received Andreson Building(parking only) X June 2015 $624 $7,488 Alice's Antiques/Featherstone X $403 $4,836 Back Street Beauty X $309 $3,708 Bayside Watch X 1 $244 $2,928 Carousel Coin&Jewelry Exchange X $921 $11,051 City Styles X $500 $5,998 Dale's Coin Chest X Aril 2015 $875 $10,494 Daniel's Jewelers/Sherwood M mt. X December 2016 $4,466 $53,592 Democratic Luncheon Club X $323 $3,876 Express Cobbler X $140 $1,680 Fortune School X July 2015 $29,586 $355,028 KCAA Radio X $1,143 $13,718 Libreria del Pueblo X $920 $11,040 Lisa's Threading X $455 $5,460 Mega Beauty Supply X $3,342 $40,103 Minuteman Press X $855 $10,260 Mr.You Chinese Restaurant X $1,823 $21,876 Nail Fashions X $967 $11,604 One Hour Photoland X $213 $2,556 Perfume Mart X $102 $1,224 Pro Jersey X $301 $3,612 Rose Alterations X $514 $6,168 Totals $49,025 $588,300" Tenant rent payment fluctuates monthly Amount fluctuates according to monthly rent payments The revenues generated by the Carousel Mall are used for property maintenance. F. History ofEnvironmental Contamination (HSC S 34191.5(c)M(F)): In May 2010,Ninyo &Moore, Geotechnical and Environmental Sciences Consultants ("Ninyo & Moore") conducted and submitted a Phase I Environmental Assessment Carousel Mall Parking Lot, 295 Carousel Mall, San Bernardino, California at the request of the Agency. Ninyo & Moore's conclusions and recommendations are as follows: "This assessment has revealed the following RECs in connection with the site: • The existing clarifier(not addressed by the remediation efforts) at the former J.C. Penney Service Center [not owned by the Agency]. • Fifteen areas with historic site uses of auto repair, gasoline service stations, drycleaners,metal plating,paint spraying, and degreasing. 90 IV.Property to be Transferred for Future Development Site No.20—Carousel Mall Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 20: Carousel Mall • The former Montgomery Wards Service Center at 144 Central City Mall, due to reported impacts and to the lack of case closure from the Santa Ana RWQCB. • The area of subsided, cracked pavement observed on the eastern side of the bottom level of the multi-level parking structure representing a potential UST and lack of records regarding this potential UST available for review. Based on the above-mentioned opinions and conclusions, Ninyo & Moore recommended the following additional environmental actions: • The former clarifier for the J.C. Penney Service Center should be closed in accordance with all applicable local and state regulations [not owned by the Agency]. • A subsurface evaluation should be conducted at the site to evaluate whether contaminants are present in the subsided, cracked pavement observed on the east side of the bottom level of the multi-level parking structure representing a potential UST. Due to the historical use of on-site former gasoline stations and dry-cleaning facilities, the recommended evaluation should include analysis for gasoline and hazardous waste (e.g., dry-cleaning solvents) constituents. • A subsurface evaluation should be conducted at the site to evaluate whether contaminants are present in site soil and soil gas due to historic site uses such as auto repair, gasoline service stations, drycleaners, metal plating, paint spraying, and degreasing. • The Supplemental Site Assessment and SVE Pilot Test Work Plan prepared by Gannett Fleming in 2010 for proposed work at Montgomery Wards Service Center at 144 Central City Mall should be conducted to complete delineation of impacts from prior site use as well as soil gas extraction in a pilot test to gather data necessary for the installation of a final remediation system." The Agency accepted Ninyo & Moore's recommendations and prior to the dissolution of redevelopment agencies in California, intended to initiate further environmental investigations. 91 IV.Property to be Transferred for Future Development Site No.20—Carousel Mall Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 20: Carousel Mall G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninz Obiectives of the Successor Azency(HSC.$34191.5 60(1)(G)): The Carousel Mall is located approximately one block north of the San Bernardino Regional Transit Center ("SB Transit Center"), which provides multi-modal access to the Carousel Mall through both local and regional public transit systems, and provides direct transit access to and from three major universities in the region. The $128 million SB Transit Center is under construction with phase one opening in mid-2015 and phase two opening in mid-2016. The SB Transit Center brings the following multiple modes of public transit,with an estimated 8,000 people passing through the Transit Center daily: • Metrolink Regional Passenger Rail System (opening mid-2016). The Southern California Regional Passenger Rail system(Metrolink)is being extended into downtown San Bernardino, where three new rail platforms at the SB Transit Center will be the point origination and termination for 50 passenger trains each day with service to and from downtown San Bernardino to downtown Los Angeles(avg. 20,000 weekly riders)and to Orange County(avg. 7,500 weekly riders). Metrolink is the regional passenger rail system serving the 18 million residents in the five-county Southern California region. The Project Site is one of the only large, available properties adjacent to a main terminal station on the Metrolink system. • sbX High-Speed Bus Rapid Transit(BRT) System (opened April 2014). The sbX Bus Rapid Transit (BRT) system commenced service in April 2014, the first high-speed BRT system outside of Los Angeles in Southern California. This transit system directly connects the Project Site along a sixteen-mile corridor with California State University, San Bernardino (17,000 students & faculty) at the north end and Lorna Linda University & Medical Center (8,000 students &faculty) at the south end. There is a sbX BRT center-lane station at the mid-point on the eastern boundary of the Project Site. • Local Light Rail Transit System (opening 2018). A 9-mile light rail system connecting downtown San Bernardino to downtown Redlands and the University of Redlands (4,000+ students & faculty) is currently under design and engineering. This transit system is programmed to commence service in 2018. The light rail system is proposed to have six stations with origination and termination at the SB Transit Center. • Local and Regional Bus Service (opening mid-2015). The SB Transit Center also contains 22 bus bays that bring together local and regional bus service from throughout San Bernardino and Riverside Counties, serving over two million residents throughout Inland Southern California. The Downtown area plays a pivotal role in the City. It is the symbolic center as well as the social and economic heart of San Bernardino. Within its boundaries are the City Hall, City Police Headquarters, County Administrative Center, Law Library and Court House, Carousel Mall, Federal building,State offices,California Theatre of the Performing Arts,Caltrans, Seccombe Lake Recreation Area, Pioneer Memorial Cemetery, Sturges Auditorium, Radisson Hotel, and Meadowbrook Park. There is an opportunity to capitalize and improve upon this role. According to the Existing Economic Conditions and Trends Study prepared for the General Plan Update, "the large cluster of existing multi-government offices in the City, particularly in the downtown area, 92 IV.Property to be Transferred for Future Development Site No.20—Carousel Mall Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 20: Carousel Mall provide a sustained demand for business, retail, and professional services in the City." The study also indicates that some of the office demand in San Bernardino is likely to be met by infill development in the Downtown area (approximately 170,000 square feet annually over the next five years)and with the City's long-term Downtown Revitalization strategy and possible expansion of the government center. The increased employment in the Downtown area will then provide additional support for retail and pedestrian oriented retail development. Opportunities for downtown revitalization in the downtown area are new mixed-use residential and office development projects,which will help support the addition of new retail space." The transfer of the Carousel Mall for future development to the City of San Bernardino advances the planning objectives of the Successor Agency and the City in accordance with the City's General Plan, 2009-Downtown Core Vision & Action Plan, and the Agency's Five-Year Implementation Plan 2009/2010 through 2013/2014 in order to: 1. Investigate possible new uses at Carousel Mall as identified in the Downtown Core Vision/Action Plan, including urban retail uses to complement existing retail; 2. Promote revitalization of the Carousel Mall through a mixture of land uses, such as additional office and mixed-use space; 3. Focus on creating distinct, discernible "places" of varied sizes, functions, and complexity to achieve greater private sector profit,public benefit, and sustainability; 4. Provide opportunities for private investment in the City by combining entertainment with retail to compliment the future development of the Carousel Mall; 5. Encourage pedestrian friendly uses/developments; 6. Encourage an appropriate mix of revenue-generating land uses to maintain a competitive edge and a strong sales tax base; 7. Maximize opportunities that generate taxable sales in targeted growth areas; 8. Work with Omnitrans to explore initiatives that promote development near transit stops in order to encourage transit ridership, reduce vehicular trips, improve air quality, and improve traffic congestion; 9. Recycle and/or develop underutilized parcels to eliminate blight and accommodate higher and better economic uses while enhancing the City's financial resources. zs City of San Bernardino General Plan,November 1,2005,page 2-66 93 IV.Property to be Transferred for Future Development Site No.20—Carousel Mall Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 20: Carousel Mall H. History of Previous Development Proposals and Activity(HSC.$34191.5(c)(1)(H)): On November 20, 2014,the City issued a Solicitation of Interest(the "SOI")for the Carousel Mall identified as a 43-acre Transit-Adjacent Site in the Downtown Core. Responses to the SOI have been received by the City and are currently under review. The response selected by the City will help determine the future development direction of the Carousel Mall. APN 0134-182-04 This parcel is located at 333 N."H"Street,and is currently a vacant lot. The site formerly contained a gym and health club. That building was demolished in 2010 by the City Code Enforcement. Located south of 4th Street at the intersection of"H" Street and "G" Street,just east of 1-215, it is strategically located at the west end of the Carousel Mall. The property is also located within the Downtown Core Vision Plan and the plan for the redevelopment of the Carousel Mall. There have been no other development activities or proposals. APN 0134-221-43 This parcel is located at 396 N. "E" Street, and is currently vacant. The building on site is known as the Woolworth Building and was one of America's original "five and dime" stores. The Woolworth Building was constructed in 1936, and with the opening of the Carousel Mall in 1972, a second Woolworth's store was opened within the Mall. In 1976,the Woolworth Building closed. Since then the building has been occupied by other businesses including San Bernardino County Child Protective Services. The Building is currently used as storage for the Successor Agency. The property is situated at the northeast corner of N. "E" Street and 41h Street, which makes it the northeasterly corner of the Carousel Mall. The Building is also located within the Downtown Core Vision Plan and the plan for the redevelopment of the Carousel Mall. There have been no other development activities or proposals. There have been no other development activities or proposals. L Disposition of Property: It is proposed that an RFP will be issued in accordance with the City's policies and procedures for property disposition located in Exhibit"A" Section II. The ECV of the Carousel Mall is approximately$4,750,000. The following process was used in determining the ECV of the Carousel Mall: Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately $4,750,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD Proposed sale value—TBD 94 IV.Property to be Transferred for Future Development Site No.20—Carousel Mall Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 20: Carousel Mall i Implementation of the Loner-Ranze Property Manazement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be transferred to the City of San Bernardino for future development, implementation will include securing an HSC § 34180 (f)(1) compensation agreement (the "Compensation Agreement")with the affected taxing entities. The City will seek a Compensation Agreement with the affected taxing entities after the LRPMP is approved by DOE Waiting until DOF's approval is received will ensure that the legal and staff time committed to preparing for and processing a Compensation Agreement is not wasted in the event that DOF decides not to approve the LRPMP. The City is concerned that it will not be fruitful to attempt to engage numerous taxing agencies in discussions about proceeds from the sale of properties when the timing of sale is not known and the price has not been determined. Further, this approach will also ensure that the affected taxing entities do not waste their legal and staff time reviewing a Compensation Agreement that would otherwise become mute in the event of a DOF denial. However, if DOF approves the LRPMP,then prior to the transfer of the property to the City,the City will prepare a Compensation Agreement and diligently seek the approval of the affected taxing entities. If the Compensation Agreement is approved,then the transfer of the property to the City will occur thereafter consistent with the provisions of the Compensation Agreement. If for any reason the Compensation Agreement is not approved by all affected taxing entities, then the affected properties will be transferred to the City pursuant to the authority provided by HSC § 34180(f)(2),wherein the value of the affected properties will be determined as the fair market value as of the 2011 property tax lien date, as determined by an independent appraiser, and approved by the Oversight Board. 95 IV.Property to be Transferred for Future Development Site No.20—Carousel Mall Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 21: Theater Square Address: 780N. "E"Street 562 W. 4th Street 450 N. "E"Street APNs: 0140-273-21 0134-131-10 0134-121-25 0134-131-35 0134-131-30 0134-121-27 0134-131-36 0134-131-28 0134-131-37 0134-131-29 K r 7r , . ti41 fL 96 IV.Property to be Transferred for Future Development Site 21—Theater Square Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 21: Theater Square A. Permissible Use(HSC.$34191.5(c)(2)): Site No. 21 is Theater Square and is proposed to be transferred to the City of San Bernardino for future development pursuant to HSC § 34191.5 (c)(2). B. Acquisition ofProperty(HSC.$34191.5(c)(1)(A) and.$34191.5(c)(1)(B)): Property records indicate that Theater Square was acquired by the Agency several separate transactions and carries a total Book Value of$13,774,149. The following table details the property records: Acquisition Details of iSquare APN Acquisition Date Book Value Original Ac uired b A y Ag as enc Historical Background 0134-121-27 0134-121-24 Parcel created per 2011-Lot 0134-131-35 March 2001 $11,964,000 0134-131-25 Line Adjustment (Parcel Map 15038) 0134-121-25 $70,875 0134-121-25 Parcel Map 15038 0134-131-29 $477,055 0134-131-29 Parcel Map 15038 0134-131-28 0134-131-28 APN 0134-131-37 created 0134-131-37 $160,000 0134-131-27 per 2011-Lot Line 1993-1998 Adjustment (Parcel Map 15038) 0134-131-26 APN 0134-131-36 created 0134-131-36 $770,582 (formerly 0 134-131-06 per 2011-Lot Line &-15) Adjustment (Parcel Map 15038) 0134-131-10 August 1994 $301,004 --- --- APN 0134-131-01 was subdivided in 1998 with recordation of 0134-131-30 February 1975 $0 0134-131-01 PM 15038; APN 0134-131-30 was created as a remainder portion of APN 0134-131-01 0140-273-21 June 1992 $30,633 --- --- Theater Square was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight by assembling land and preparing property for future development. The estimated current value (the "ECV") of Theater Square is approximately $14,470,000. C. Site Information (HSC$34191.5(c)(1)(C)): Theater Square consists of three (3) venues: the Regal Cinema (the "Cinema"), the California Theatre for the Performing Arts (the California Theatre"), and the Sturges Center for the Fine Arts (the Sturges Center"). In total, Theater Square contains ten (10) parcels as shown above,totaling 5.58 acres. The following table describes the improvements located on Theater Square: 97 IV.Property to be Transferred for Future Development Site 21—Theater Square Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 21: Theater Square Theater Square Property Improvements APN Address Current(c)or Type of Structure Year Square Former Use /Improvement Constructed Footage 0134-121-25 Access Road(c) Concrete Pavers/ 2012 64,033 Landscaping 2-Story Masonry/ 1998 0134-121-27 20-Plex Theater(c) 20-screen Renovated in 79,563 auditoriums/4,000 2012 The Cinema seats 0134-131-29 450 N."E"Street Parking Lot(c) 1998 20,695 Access Road/Parking/ Asphalt/ 0134-131-35 Plaza(c) Landscaping 2012 27,366 0134-131-28 10,434 0134-131-36 Theater Square Plaza(c) Grass/Landscaping 2012 10,556 0134-131-37 8,138 0134-131-10 California Theatre(c) Multi-story/ 1925 32,842 California Concrete Theatre Concrete pavers/ 0134-131-30 562 W.4 h Street Alley access to the drainage 2012 900 California Theatre(c) appurtenances/ landscaping 0140-273-21 Sturges Center Sturges Center(c) 2-Story concrete 1925 21,484 780 N."E"Street structure The Cinema (10-screen Multi-flex currently leased to and operated by Regal Cinemas) and the California Theatre (a community theatre which is an historic building that has been successfully preserved over the years through non-profit organizations and the Agency) are zoned Commercial Regional-Downtown(CR-2)in the City's General Plan. The purpose of the CR-2 zone is to permit a diversity of regional-serving uses in the Downtown area including local, county, and state government/administrative uses, professional offices, cultural/historical and entertainment uses, convention facilities, hotels/motels, financial establishments, restaurants, supporting retail and services, educational institutions,public open spaces, and residential and senior housing. The Sturges Center (a performing arts park for the City and the School District) is zoned Public Facility (PF)in the City's General Plan. The purpose of PF zone is to provide for the continuation of existing and development of new schools, government administrative, police, fire, libraries, social service, and other public facilities. Theater Square is located within the City's "E" Street Strategic Area. "E" Street is a significant north-south roadway located in the central portion of the City. "E" Street connects Downtown to Baseline, Highland, and to the 30 freeway on the northern end, and Hospitality Lane to the south. "E" Street currently has the greatest number of transit trips in the Omnitrans system,which makes it an ideal candidate for development. 98 IV.Property to be Transferred for Future Development Site 21—Theater Square Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 21: Theater Square D. Estimated Current Value(HSC.$34191.5(c)(1)(D)): The ECV for Theater Square was determined by the Agency in January 2015,using a combination of a comparable sales analysis conducted through the National Data Collective, a December 2011 Summary Appraisal Report for the California Theatre, and a December 2011 Summary Appraisal Report for the Sturges Center. The following table describes the ECV for each venue of Theater Square: ECV Determination ir Theater Square Venue Date of ECVBasis Assumptions ECV ECV The Cinema and related parcels January National Data Local factors were not $5,900,000 2015 Collective taken into consideration California Theatre December Summary Appraisal Local factors were not $4,100,000 2011 1 Report—Smothers taken into consideration, December Appraisal,James Structural improvements Sturges Center 2011 Smothers,MAI are seismically sound $1,970,000 TOTAL ECV for Theater Square 514,470,000 The ECV was determined to be approximately $14,470,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. E. Site Revenues(HSC.$34191.5 (c)(1)(E)): The Cinema APNs 0314-121-25,-27 0134-131-28,-29,-35,-36,-37 On January 4, 2012, Regal Cinemas (the "Tenant") entered into a Lease with the San Bernardino Economic Development Corporation (the "Landlord") to lease the newly renovated 14-Screen Theater located in Theater Square. The basic terms of the Lease are as follows: (i) the Lessee/Tenant is given 5 Options to terminated Lease after the first 10 years of operation: Option 1 commences on July 1, 2022 and expires on June 30, 2027 and each of the subsequent 4 Options are offered in 5-year increments,with Option 5 expiring on June 30, 2046; (ii)the annual base rent for the Theater is $850,000 (with increases in the annual rent commencing on July 1, 2022); (iii) the Landlord is responsible to meet certain milestone dates to develop four (4) auditoriums that were set-aside for restaurant/retail development or the annual rent is reduced to Special Rent(15%) of gross revenues in excess of the minimum annual base rent; (iv)the Landlord is responsible for the maintenance of the common areas, parking areas, and structural elements of the building, including, but not limited to, roof and structural components of the Theater, including roof and roofing (including roof membrane); exterior walls, including painting and exterior lights on the Theater(except the Building Signs and lights that are part of the Building Signs); the site for the Theater,and all related site amenities;the HVAC system serving the Theater, including all HVAC units located on the ground or the Theater's roof and all duct work and thermostats that are a part of the HVAC system; all plumbing and utility (including gas, electrical, water, sanitary sewer and storm drainage)lines,conduits and facilities serving the Theater other than minor maintenance and 99 IV.Property to be Transferred for Future Development Site 21—Theater Square Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 21: Theater Square repair which is Tenant's responsibility pursuant to the Lease; any vertical transpiration serving the Theater; and all other maintenance and repairs except such maintenance and repairs for which Tenant is expressly responsible pursuant to the Lease; and (v) the Tenant is responsible for maintaining the interior,non-structural elements of the Theater, including general cleaning within the Theater and maintaining the cleanliness, glass and doors of the Theater storefront; Tenant's Equipment;Building Signs,including the lighting for such signs lights that are part of the Building Signs; and minor maintenance and repair of plumbing (such as clearing stoppages in pipes that originate inside the Theater and can be cleared from within the Theater,and repair and replacement of faucets within the Theater) and utility (such as repair and replacement of light fixtures, bulbs and ballasts within the Theater) pipes and lines located within the interior surface of the walls, ceilings and floors of the Theater (but not between the interior and exterior walls, ceilings and floors), and paying for operating expenses,property taxes (including possessory interest taxes and special assessment, if any), insurance, and utilities, including but not limited to, water, sewer, electricity, and natural gas. Due to lack of resources, the Successor Agency has not been able to fulfill all of the landlord's obligations noted above. Pursuant to the lease, the Tenant has caused such obligations to be fulfilled and has offset the value of such expenses against the payments due the Landlord. Therefore,the Successor Agency is not currently receiving its leased annual rate of$850,000,but rather$0.00 from this property. California Theatre APNs 0134-131-10,-30 No site revenues are generated from the California Theatre. Sturges Center APN 0140-273-21 No site revenues are generated from the Sturges Center. F. History ofEnvironmental Contamination (HSC$34191.5(00)(F)): There is no known history of environmental contamination.26,27,21 G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC k 34191.5(c)(1)(0): Theater Square is located within a''/2-mile radius of the Downtown San Bernardino Transit Oriented Development(TOD)Area. The TOD is centered at the 12-acre San Bernardino Intermodal Transit Center(Transit Center). The Transit Center will integrate local and regional transportation systems including the west terminus station for the Redlands Corridor transit service, Metrolink, sbX E Street Bus Rapid Transit(BRT), and local Omnitrans buses. Bicycles and pedestrians will access the station via planned and proposed city bike and pedestrian pathways. The Transit Center will be a major regional transit hub and in the future, the Transit Center could include inter-regional transportation systems such as California High Speed Rail and transit connections to the San zs http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&mvaddress=450n+e+st+san+bernardino n http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&mvaddress=780+N+E+Street+San+Bernardino 29 http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&mvaddress=562+w+4th+street+san+bernardino 100 IV.Property to be Transferred for Future Development Site 21—Theater Square Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 21: Theater Square Bernardino International Airport. Within a '/2-mile radius, the TOD Area surrounding the Transit Center encompasses a major portion of Downtown San Bernardino. The transfer of the Theater Square for future development to the City of San Bernardino advances the planning objectives of the Successor Agency and the City in accordance with the City's General Plan, 2009-Downtown Core Vision & Action Plan, and the Agency's Five-Year Implementation Plan 2009/2010 through 2013/2014 in order to: 1. Complete development of Phases 1 and IA of the old CinemaStar building into the new Theater Cinema and I-max complex with adjacent retail/restaurant; 2. Develop retail directly south of the Regal Cinema; 3. Reinforce the California Theatre,Cinema Project,and the retail block on 4th Street between 'T" and "G" Streets, including building component study, seismic evaluation, exterior improvements, and District security system; 4. Develop a comprehensive night time theater district centered around the California Theatre and the Regal Cinema; 5. Seek and attract uses that foster a high level of evening activity (e.g., theaters and restaurants); 6. Capture appropriate demand that meets the community's needs and takes full advantage of emerging development and economic opportunities; 7. Maintain and enhance the City's quality of life i.e. Regal Multi-Plex Theater at Fourth and "E" Streets; 8. Enhance,maintain, and develop entertainment facilities within the City; 9. Develop combined urban street retail that will leverage and complement the existing retail uses; 10. Promote development that is compact, and pedestrian-friendly; 11. Facilitate the development of outdoor dining in the downtown area; 12. Provide opportunities for private investment in the City; 13. Focus on creating distinct,discernible "places"of varied sizes, functions, and complexity; 14. Evaluate the feasibility for the development of a regional center for the arts; and 15. Recycle and/or develop underutilized parcels to eliminate blight and accommodate higher and better economic uses while enhancing the City's financial resources. 101 IV.Property to be Transferred for Future Development Site 21—Theater Square Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 21: Theater Square H. History of Previous Development Proposals and Activity(HSC-$34191.5 0(1)(H)): The Cinema APNs 0314-121-25,-27 0134-131-28,-29,-35,-36,-37 Seven of the ten Theater Square Property parcels (the Cinema and related parcels) were acquired by the Agency in between 1993 and 1998,with two(2)of the seven(7)eventually being transferred to MDA-San Bernardino Associates,LC("MDA")via a December 29, 1998,recorded Disposition and Development Agreement (the "DDA") for the development, construction, and financing of a multi-screen theater complex and related common area improvements. Pursuant to the DDA,MDA was required to purchase the land for the theater and the common area, while the Agency would retain title to the parking lot areas and the development parcels in front to the theater. The DDA also required the Agency to provide a loan(the"Agency Loan")to MDA,not to exceed$7,000,000. The funds for the Agency Loan came from a HUD Section 108 Loan that the Agency obtained in 1998. In addition to the Agency Loan, and contingent upon receipt of the HUD Section 108 Loan proceeds, the Agency provided an additional loan in the amount of $1,324,575, secured by a promissory note, as the Agency' contribution. The theater opened in December 2000, with CinemaStar as its operator. In 2001,with the downturn in the cinema industry,the Agency purchased the theater building (the "20-Plex") (located at 450 N. "E" Street) from MDA,together with the existing tenant lease with CinemaStar Luxury Theaters, Inc. ("CinemaStar"), for $11,964,000. On September 28, 2008, CinemaStar ceased operations. On November 7, 2008,the Agency filed an unlawful detainer action with the Superior Court of California which held CinemaStar to be in default of the terms of their lease,declared the lease to be terminated and granted possession of the 20-Plex to the Agency as of December 1, 2008. On December 15, 2008, the Mayor and Common Council of the City of San Bernardino (the "Council") consented to the disposition of the 20-flex to Maya North America ("Maya") and the Community Development Commission of the City of San Bernardino (the "Commission") approved the sale of the 20-Plex and authorized the Agency to execute the 2008 Disposition and Development Agreement(the "2008-DDA")by and between the Agency and Maya. On February 2, 2009, the Council authorized the submittal of a U.S. Department of Housing and Urban Development ("HUD") Section 108 Loan Guarantee Application (the "HUD Loan Application") for the re-finance and rehabilitation of the 20-Plex Project. The HUD Loan Application was submitted to HUD and the Agency received HUD's approval on September 25, 2009. On May 18, 2009, the Commission approved Amendment No. 1 to the 2008-DDA extending the close of escrow deadline from July 1, 2009 to October 30, 2009, due to unforeseen delays in the Agency obtaining legal possession of the building and its contents,HUD's review and approval of the HUD Loan Application, and Maya securing its financing as stated and outlined in the 2008- DDA. Maya's continued difficulty with securing financing for the re-opening of the 20-Plex lead 102 IV.Property to be Transferred for Future Development Site 21—Theater Square Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 21: Theater Square to the termination of the 2008-DDA on April 15, 2010. As a result of the termination of the 2008- DDA,there was no developer for the 20-Plex and the HUD Loan could not move forward. Between the months of May and September of 2010, the Agency received 8 proposals for development of the 20-Plex. The Agency vetted each proposal and upon approval by the Commission in closed session, the Agency determined to negotiate with Regal Entertainment Group ("Regal") and on November 30, 2010, Regal and the Agency executed a Letter of Understanding and negotiations commenced on the leasing of the fourteen (14) of the 20 theaters in the Cinema. As the renovation of Theater Square was being planned, developed, and constructed, the terms of the Regal Cinema Lease were being negotiated. The development plan for Theater Square included the development of the front six(6) screen auditoriums(not being used by Regal Cinema)into four restaurant/retail establishment(to be either sold or leased by the Agency),along a public gathering plaza for outside events. Prior to the dissolution of redevelopment in the State, the Agency had signed an Exclusive Right to Negotiate Agreement with a developer who brought the Agency three (3) letters of intent from restaurants for three (3) of the six (6) fronting auditoriums. Once the dissolution occurred,the developer backed out and funding was lost. Although there is no current development activity, indications of interest in the Property continue to be received from the development community. In addition to the future development of the front six (6) screen auditoriums (not being used by Regal Cinema as noted above),the three(3)parcels to the south of the Regal Theater were planned for future restaurants and retail, with the westerly parcel's development planned for a restaurant/retail building to be constructed as an engineered buttress against the east wall of the California Theatre which will be connected to the Theatre's roof to serve as structural reinforcement for the Theatre,thereby providing structural support to act against the lateral forces arising from the Theatre's roof structure which lacks adequate bracing to withstand an earthquake. California Theatre APNs 0134-131-10,-30 The California Theatre (two of the ten Theater Square parcels), located at 562 W. 41h Street, is a 32,843 sf performing arts facility which was originally constructed in 1928. The California Theatre has a long and rich history and for years was owned and operated by the San Bernardino Civic Light Opera Association(the"CLO"),which staged many musicals and rented the Theatre to other, primarily local, performing arts groups. The CLO was negatively impacted by recessionary conditions which afflicted the organization for many years. In 1994, the CLO approached the Agency with a proposal to sell the California Theatre in order to raise the much-needed capital to continue utilizing the Theatre for performances. The Agency purchased the California Theatre in 1994, and, shortly thereafter,hired a production company to maintain and operate the Theatre. On February 11, 1999,the Agency entered into an Agreement("Agreement")with Theatrical Arts International ("TAI") for operation and management of the California Theatre. Currently, the Successor Agency remains responsible for the maintenance of the California Theatre and utilities. TAI is responsible for operating and production costs. The Successor Agency receives no revenue from TAI productions. 103 IV.Property to be Transferred for Future Development Site 21—Theater Square Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 21: Theater Square Sturges Center APN 0140-273-21 The Sturges Center (one of the ten Theater Square parcels) was originally known as the Sturges Auditorium in 1925 and was part of Sturges Junior High School. The school closed in 1974, and the City issued a request for proposals to develop and maintain the auditorium. The San Bernardino City Unified School District("SBCUSD") retained ownership of the school property and sold the auditorium to the Agency. In 1985,the Agency sold the Sturges Auditorium to the Sturges Center for the Fine Arts,a non-profit corporation,and the auditorium's name was then changed to Sturges Center for the Fine Arts. In 1992,the Agency became the owner of the Sturges Center. The Sturges Center provides good linkages to public transportation and consumer services and has a parking agreement with the SBCUSD (the Sturges Center property does not contain parking). In 1997,the Agency,the SBCUSD, and STURGES,a non-profit corporation, executed an agreement furthering the efforts to preserve the Sturges Center for the use and enjoyment of the residents of the City and the surrounding areas. The Sturges Center houses the San Bernardino Art Association Gallery,the San Bernardino Valley Concert Association, and the Office of the Center Manager. On February 11, 1999, the Agency entered into an Agreement with TAI for operation and management of the Sturges Center. Currently,the Successor Agency remains responsible for the maintenance of the Sturges Center and utilities. TAI is responsible for operating and production costs. The Successor Agency receives no revenue from TAI productions. The Sturges Center property contains specific deed restrictions in that be"...dedicated in perpetuity to the preservation and encouragement of fine arts for the Cultural Arts Community, and shall be used for no purpose inconsistent with this provision,"29 and therefore there is no history of development proposals. L Disposition of Property: It is proposed that an RFP will be issued in accordance with the City's policies and procedures for property disposition located in Exhibit"A" Section 11. The ECV of Theater Square is approximately $14,470,000. The following process was used in determining the ECV of Theater Square: Date of estimated current value—December 2011, January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service and Summary Appraisal Reports dated December 2011, prepared by Smothers Appraisal, James Smothers, MAI. The ECV is approximately $14,470,000. zs Grant Deed to the Redevelopment Agency of the City of San Bernardino,dated June 2,1992,recorded in the County of San Bernardino,Document No.92-230113 104 IV.Property to be Transferred for Future Development Site 21—Theater Square Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 21: Theater Square Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD Proposed sale value—TBD J. Implementation of the Long Range Property Management Plan: Following approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be transferred to the City of San Bernardino for future development, implementation will include securing an HSC § 34180 (f)(1) compensation agreement (the "Compensation Agreement")with the affected taxing entities. The City will seek a Compensation Agreement with the affected taxing entities after the LRPMP is approved by DOE Waiting until DOF's approval is received will ensure that the legal and staff time committed to preparing for and processing a Compensation Agreement is not wasted in the event that DOF decides not to approve the LRPMP. The City is concerned that it will not be fruitful to attempt to engage numerous taxing agencies in discussions about proceeds from the sale of properties when the timing of sale is not known and the price has not been determined. Further, this approach will also ensure that the affected taxing entities do not waste their legal and staff time reviewing a Compensation Agreement that would otherwise become mute in the event of a DOF denial. However, if DOF approves the LRPMP,then prior to the transfer of the property to the City,the City will prepare a Compensation Agreement and diligently seek the approval of the affected taxing entities. If the Compensation Agreement is approved,then the transfer of the property to the City will occur thereafter consistent with the provisions of the Compensation Agreement. If for any reason the Compensation Agreement is not approved by all affected taxing entities, then the affected properties will be transferred to the City pursuant to the authority provided by HSC § 34180(f)(2),wherein the value of the affected properties will be determined as the fair market value as of the 2011 property tax lien date, as determined by an independent appraiser, and approved by the Oversight Board. 105 IV.Property to be Transferred for Future Development Site 21—Theater Square Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 22: W. 5th Street1W. Spruce StreetlN. "H"Street Commercial Property Address: 746 W. 5th Street W. Spruce Street N. "H"Street APNs: 0134-054-07 0134-053-25 0134-053-20 0134-054-08 0134-053-26 0134-053-21 0134-054-09 0134-053-22 0134-053-23 p 106 IV.Property to be Transferred for Future Development Site 22—W 5'Street/W.Spruce Street/N. "H"Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 22: W. 5th Street1W. Spruce StreetlN. "H"Street Commercial Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 22 is the W. 5th Street/W. Spruce Street/N. "H" Street Commercial Property (the "Commercial Property") and is proposed to be transferred to the City of San Bernardino for future development pursuant to HSC § 34191.5 (c)(2). B. Acquisition ofProperty(HSC S 34191.5(c)(1)(A) and.$34191.5(c)(1)(11)): Property records indicate that the Commercial Property was acquired by the Agency on June 28, 2011, and carries a total Book Value of$2,678,819. The Agreement for Purchase and Sale was executed May 31, 2011. The Vacant Commercial Property was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight by assembling land and preparing property for future development. The estimated current value (the "ECV") of the Vacant Commercial Property is approximately $275,000. C. Site Information (HSC.$34191.5(c)(1)(C)): The Vacant Commercial Property consists of nine (9)parcels (APNs 0134-053-20, -21, -22, -23, - 25, -26 and 0134-054-07, -08, -09)totaling 1.64 acres located on W. 5th Street,N. "H" Street, and W. Spruce Street. The following table describes the improvements located on the Commercial Property: PropertyW. 5'Street Commercial APN Address Current(c)or Type of Structure/ Year Square Former Use Improvement Constructed Footage 0134-053-20 0134-053-21 W Spruce Street 0134-053-22 0134-053-23 Vacant --- --- --- 0134-053-25 N "H"Street 0134-053-26 0134-054-07 Salvation Army 2-Story Concrete 1949/1950 10,578 746 W. 5th Street Center(t) 0134-054-08 Parking Lot(t) Asphalt N/A N/A 0134-054-09 Playground Dirt The Commercial Property is zoned Commercial Regional-Downtown(CR-2)in the City's General Plan. The purpose of the CR-2 zone is to permit a diversity of regional-serving uses in the Downtown area including local, county, and state governmental/administrative uses, professional offices, cultural/historical and entertainment uses, convention facilities, hotels/motels, financial establishments, restaurants, supporting retail and services, educational institutions, public open spaces, and residential and senior housing. 107 IV.Property to be Transferred for Future Development Site 22—W 5'Street/W.Spruce Street/N. "H"Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 22: W. 5th StreetlW. Spruce StreetlN. "H"Street Commercial Property D. Estimated Current Value(HSC k 34191.5 00)(M)): To determine an ECV for the Commercial Property, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$275,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. E. Site Revenues(HSC S 34191.5(c)(1)(E)): There are no site revenues generated from the Commercial Property. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.3o G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninz Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Commercial Property. The Downtown area plays a pivotal role in the City. It is the symbolic center as well as the social and economic heart of San Bernardino. Within its boundaries are the City Hall, City Police Headquarters, County Administrative Center, Law Library and Court House, Carousel Mall, Federal building,State offices,California Theatre of the Performing Arts,Caltrans, Seccombe Lake Recreation Area, Pioneer Memorial Cemetery, Sturges Auditorium, Radisson Hotel, and Meadowbrook Park. There is an opportunity to capitalize and improve upon this role. According to the Existing Economic Conditions and Trends Study prepared for the General Plan Update, "the large cluster of existing multi-government offices in the City, particularly in the downtown area, provide a sustained demand for business, retail, and professional services in the City." The study also indicates that some of the office demand in San Bernardino is likely to be met by infill development in the Downtown area (approximately 170,000 square feet annually over the next five years)and with the City's long-term Downtown Revitalization strategy and possible expansion of the government center. The increased employment in the Downtown area will then provide additional support for retail and pedestrian oriented retail development. Opportunities for downtown revitalization in the downtown area are new mixed-use residential and office development projects,which will help support the addition of new retail space. The transfer of the Commercial Property for future development to the City of San Bernardino advances the planning objectives of the Successor Agency in accordance with the City's General Plan, 2009-Downtown Core Vision &Action Plan, the Agency's Five-Year Implementation Plan 2009/2010 through 2013/2014, and the March 2008-SCAG Region: Compass Blueprint Case Study, Downtown San Bernardino Plan to: 30 http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&myaddress=h+st+and+spruce+st+san+bernardino 108 IV.Property to be Transferred for Future Development Site 22—W 5'Street/W.Spruce Street/N. "H"Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 22: W. 5th Street1W. Spruce StreetlN. "H"Street Commercial Property 1. Reduce crime by acquiring and clearing several blocks for development near the intersection of 51h and "G" Streets in order to replace underutilized and vacant areas with uses that catalyze investment; 2. Enter into an agreement with a developer to construct mixed use housing/retail units on Agency-owned land near 5th and"G" Streets; 3. Recycle and/or develop underutilized parcels to eliminate blight and accommodate higher and better economic uses while enhancing the City's financial resources; 4. Protect large parcels that front onto freeways and commercial corridors from subdivision into smaller parcels; 5. Establish and maintain an on-going relationship with Caltrans; 6. Capture appropriate demand that meets the community's needs and takes full advantage of emerging development and economic opportunities; 7. Provide opportunities for private investment in the City; 8. Provide opportunities for retail and other non-residential commercial and office uses; 9. Encourage pedestrian friendly uses; 10. Focus on creating distinct,discernible "places"of varied sizes, functions, and complexity; 11. Expand opportunities by encouraging an appropriate mix of revenue-generating land uses to maintain a competitive edge and a strong sales tax base; 12. Maximize opportunities that generate taxable sales in targeted growth areas; and 13. Develop combined urban street retail that will leverage and complement the existing retail uses. H. History of Previous Development Proposals and Activity(HSC k 34191.5(c)(1)(H)): APN's 0134-054-07, -08, and-09 is the former location of the City's Salvation Army shelter. The other six(6)parcels have been vacant since at least 1994 according to Google Earth®. L Disposition of Property: It is proposed that an RFP It is proposed that an RFP will be issued in accordance with the City's policies and procedures for property disposition located in Exhibit"A" Section II. The ECV of the Commercial Property is approximately $275,000. The following process was used in determining the ECV of the Commercial Property: 109 IV.Property to be Transferred for Future Development Site 22—W 5'Street/W.Spruce Street/N. "H"Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 22: W. 5th StreetlW. Spruce StreetlN. "H"Street Commercial Property Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately $275,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD Proposed sale value—TBD J. Implementation of the Long Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be transferred to the City of San Bernardino for future development, implementation will include securing an HSC § 34180 (f)(1) compensation agreement (the "Compensation Agreement")with the affected taxing entities. The City will seek a Compensation Agreement with the affected taxing entities after the LRPMP is approved by DOE Waiting until DOF's approval is received will ensure that the legal and staff time committed to preparing for and processing a Compensation Agreement is not wasted in the event that DOF decides not to approve the LRPMP. The City is concerned that it will not be fruitful to attempt to engage numerous taxing agencies in discussions about proceeds from the sale of properties when the timing of sale is not known and the price has not been determined. Further, this approach will also ensure that the affected taxing entities do not waste their legal and staff time reviewing a Compensation Agreement that would otherwise become mute in the event of a DOF denial. However, if DOF approves the LRPMP,then prior to the transfer of the property to the City,the City will prepare a Compensation Agreement and diligently seek the approval of the affected taxing entities. If the Compensation Agreement is approved,then the transfer of the property to the City will occur thereafter consistent with the provisions of the Compensation Agreement. If for any reason the Compensation Agreement is not approved by all affected taxing entities, then the affected properties will be transferred to the City pursuant to the authority provided by HSC § 34180(f)(2),wherein the value of the affected properties will be determined as the fair market value as of the 2011 property tax lien date, as determined by an independent appraiser, and approved by the Oversight Board. 110 IV.Property to be Transferred for Future Development Site 22—W 5'Street/W.Spruce Street/N. "H"Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 23: Vacant W. 5"' Street Commercial Property Address: 575 W. 5th Street 701 W. 5th Street 490 N. "G"Street APN.• 0134-093-07 0134-093-08 0134-093-09 _ T ~' t f 111 IV.Property to be Transferred for Future Development Site 23—Vacant W. 5"Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 23: Vacant W. 5"' Street Commercial Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 23 is the Vacant W. 5t'' Street Commercial Property (the "Vacant Commercial Property") and is proposed to be transferred to the City of San Bernardino for future development pursuant to HSC § 34191.5 (c)(2). B. Acquisition ofProperty(HSC S 34191.5(c)(1)(A) and.$34191.5 0(1)(B)): Property records indicate that the Vacant Commercial Property was acquired by the Agency in two separate transactions and carries a total Book Value of$1,729,486. The following table details the property records: Acquisition Details of i Property APN Acquisition Date Book Value 0134-093-07 November 2007 $1,089,000 0134-093-08 January 2009 $640,486 0134-093-09 The Vacant Commercial Property was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight by assembling land and preparing property for future development. The estimated current value (the "ECV")of the Vacant Commercial Property is approximately $97,000. C. Site Information (HSC.$34191.5(c)(1)(0): The Vacant Commercial Property consists of three (3) parcels (APNs 0134-093-07, -08, -09) totaling 0.53 acres located at 575 and 701 W. 5t'' Street and 490 N. "G" Street. The Vacant Commercial Property is zoned Commercial Regional-Downtown (CR-2) in the City's General Plan. The purpose of the CR-2 zone is to permit a diversity of regional-serving uses in the Downtown area including local, county, and state governmental/administrative uses, professional offices, cultural/historical and entertainment uses, convention facilities, hotels/motels, financial establishments, restaurants, supporting retail and services, educational institutions, public open spaces, and residential and senior housing. D. Estimated Current Value(HSC S 34191.5(c)(1)(D& To determine an ECV for the Vacant Commercial Property,in January 2015,the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$97,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. E. Site Revenues(HSC S 34191.5 0(1)(E)): There are no site revenues generated from the Vacant Commercial Property. 112 IV.Property to be Transferred for Future Development Site 23—Vacant W. 5'Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 23: Vacant W. 5"' Street Commercial Property F. History ofEnvironmental Contamination (HSC k 34191.5(00)(F)): APN 0134-093-07: In August 2006, Advanced GeoEnvironmental, Inc. ("AGE") conducted and submitted a Phase I Environmental Assessment 723- 739 West 5th Street, San Bernardino, California at the request of the Agency. AGE's recommendation: "Based on AGE's findings from this Phase I Environmental Assessment, AGE does not recommend any additional environmental investigation at this time." The Agency accepted AGE's 2006 recommendation. APN 0134-093-08: In August 2006, AGE conducted and submitted a Phase I Environmental Assessment Former Greyhound Bus Station 701 - 705 West 5th Street, and 490 North G Street, San Bernardino, California at the request of the Agency. AGE's recommendations: "Based upon AGE's findings from this Phase I Environmental Assessment, AGE recommends that a geophysical of the property be conducted to determine whether underground storage tanks still exist on the property. Following the geophysical survey, soil borings should be drilled in order to rule out any possibility of soil contamination from the former fueling facility as well as from the operation of the automobile repair facility." In May 2008,AGE conducted and submitted a Phase II Environmental Assessment- 701 - 705 W. 5th Street, San Bernardino, California at the request of the Agency. AGE's recommendation: "Based on the findings of this investigation...AGE does not believe that the trace concentrations of hydrocarbons detected is significant or warrants further investigation." The Agency accepted AGE's 2008 recommendation. G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Azency(HSC S 34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Commercial Property. The Downtown area plays a pivotal role in the City. It is the symbolic center as well as the social and economic heart of San Bernardino. Within its boundaries are the City Hall, City Police Headquarters, County Administrative Center, Law Library and Court House, Carousel Mall, Federal building,State offices,California Theatre of the Performing Arts,Caltrans, Seccombe Lake Recreation Area, Pioneer Memorial Cemetery, Sturges Auditorium, Radisson Hotel, and Meadowbrook Park. There is an opportunity to capitalize and improve upon this role. According to the Existing Economic Conditions and Trends Study prepared for the General Plan Update, "the large cluster of existing multi-government offices in the City, particularly in the downtown area, provide a sustained demand for business, retail, and professional services in the City." The study also indicates that some of the office demand in San Bernardino is likely to be met by infill 113 IV.Property to be Transferred for Future Development Site 23—Vacant W. 5'Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 23: Vacant W. 5"' Street Commercial Property development in the Downtown area (approximately 170,000 square feet annually over the next five years)and with the City's long-term Downtown Revitalization strategy and possible expansion of the government center. The increased employment in the Downtown area will then provide additional support for retail and pedestrian oriented retail development. Opportunities for revitalization in the downtown area are new mixed-use residential and office development projects, which will help support the addition of new retail space. The transfer of the Commercial Property for future development to the City of San Bernardino advances the planning objectives of the Successor Agency in accordance with the City's General Plan, 2009-Downtown Core Vision &Action Plan, the Agency's Five-Year Implementation Plan 2009/2010 through 2013/2014, and the March 2008-SCAG Region: Compass Blueprint Case Study, Downtown San Bernardino Plan to: 1. Reduce crime by acquiring and clearing several blocks for development near the intersection of 5th and "G" Streets in order to replace underutilized and vacant areas with uses that catalyze investment; 2. Enter into an agreement with a developer to construct mixed use housing/retail units on Agency-owned land near 5th and"G" Streets; 3. Recycle and/or develop underutilized parcels to eliminate blight and accommodate higher and better economic uses while enhancing the City's financial resources; 4. Protect large parcels that front onto freeways and commercial corridors from subdivision into smaller parcels; 5. Establish and maintain an on-going relationship with Caltrans; 6. Capture appropriate demand that meets the community's needs and takes full advantage of emerging development and economic opportunities; 7. Provide opportunities for private investment in the City; 8. Provide opportunities for retail and other non-residential commercial and office uses; 9. Encourage pedestrian friendly uses; 10. Focus on creating distinct,discernible"places"of varied sizes,functions,and complexity; 11. Expand opportunities by encouraging an appropriate mix of revenue-generating land uses to maintain a competitive edge and a strong sales tax base; 12. Maximize opportunities that generate taxable sales in targeted growth areas; and 13. Develop combined urban street retail that will leverage and complement the existing retail uses. 114 IV.Property to be Transferred for Future Development Site 23—Vacant W. 5'Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 23: Vacant W. 5"' Street Commercial Property H. History of Previous Development Proposals and Activity(HSC k 34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Commercial Property. Previously, the Property now vacant, contained a bus transit center, automobile repair shop, and a gas station. L Disposition of Property: It is proposed that an RFP will be issued in accordance with the City's policies and procedures for property disposition located in Exhibit"A" Section 11. The ECV of the Vacant Commercial Property is approximately$97,000. The following process was used in determining the ECV of the Vacant Commercial Property 42: Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$97,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD Proposed sale value—TBD J. Implementation of the Lon-Ranze Property Manazement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be transferred to the City of San Bernardino for future development, implementation will include securing an HSC § 34180 (f)(1) compensation agreement (the "Compensation Agreement")with the affected taxing entities. The City will seek a Compensation Agreement with the affected taxing entities after the LRPMP is approved by DOF. Waiting until DOF's approval is received will ensure that the legal and staff time committed to preparing for and processing a Compensation Agreement is not wasted in the event that DOF decides not to approve the LRPMP. The City is concerned that it will not be fruitful to attempt to engage numerous taxing agencies in discussions about proceeds from the sale of properties when the timing of sale is not known and the price has not been determined. Further, this approach will also ensure that the affected taxing entities do not waste their legal and staff time reviewing a Compensation Agreement that would otherwise become mute in the event of a DOF denial. However, if DOF approves the LRPMP,then prior to the transfer of the property to the City,the City will prepare a Compensation Agreement and diligently seek the approval of the affected taxing entities. If the Compensation Agreement is approved,then the transfer of the property to the City will occur thereafter consistent with the provisions of the Compensation Agreement. If for any reason the Compensation Agreement is not approved by all affected taxing entities, then the affected properties will be 115 IV.Property to be Transferred for Future Development Site 23—Vacant W. 5'Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 23: Vacant W. 5"' Street Commercial Property transferred to the City pursuant to the authority provided by HSC § 34180(f)(2),wherein the value of the affected properties will be determined as the fair market value as of the 2011 property tax lien date, as determined by an independent appraiser, and approved by the Oversight Board. 116 IV.Property to be Transferred for Future Development Site 23—Vacant W. 5'Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 24: Vacant N. Mt. Vernon Avenue & Vacant W. Spruce Street Commercial Property Address: 552 N.Mt. Vernon Avenue 1316 W. Spruce Street 578 N.Mt. Vernon Avenue APNs: 0138-114-09 0138-114-11 0138-114-18 0138-114-10 _ — - [77 ' - - �•-r _ i 771) . w._T . L 4 117 IV.Property to be Transferred for Future Development Site 24—Vacant N.Mt. Vernon Avenue& Vacant W.Spruce Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 24: Vacant N. Mt. Vernon Avenue & Vacant W. Spruce Street Commercial Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 24 is the Vacant N. Mt. Vernon Avenue &W. Spruce Street Commercial Property (the "Vacant Commercial Property")and is proposed to be transferred to the City of San Bernardino for future development pursuant to HSC § 34191.5 (c)(2). B. Acquisition ofProperty(HSC S 34191.5(c)(1)(A) and.$34191.5(c)(1)(B)): Property records indicate that the Vacant Commercial Property was acquired by the Agency in several separate transactions and carries a partial Book Value of$214,722. Agency staff continues to research the Acquisition Price for APN 0138-114-11. The following table details the property records: Acquisition Details of i iProperty APN Acquisition Date Book Value 0138-114-09 August 2004 $60,822 0138-114-10 June 2005 $47,000 0138-114-11 October 2005 $0.00 0138-114-18 March 1993 $106,900 The Vacant Commercial Property was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight by assembling land and preparing property for future development. The estimated current value (the "ECV")of the Vacant Commercial Property is approximately $193,000. C. Site Information (HSC.$34191.5(c)(1)(0): The Vacant Commercial Property consists of four (4) parcels (APNs 0138-114-09, -10, -11, -18) totaling 0.56 acres located at 552 and 578 N. Mt. Vernon and 1316 W. Spruce Street. The Vacant Commercial Property is zoned Commercial General(CG-3)in the 1992-Paseo Las Placitas Specific Plan (the "1992-SP"). The purpose of the CG-3 zone is to allow for local and regional serving retail,personal service, entertainment, office, and related commercial uses. D. Estimated Current Value(HSC S 34191.5(c)(1)(D& To determine an ECV for the Vacant Commercial Property,in January 2015,the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$193,000.. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. E. Site Revenues(HSC S 34191.5(c)(1)(EM There are no site revenues generated from the Vacant Commercial Property. 118 IV.Property to be Transferred for Future Development Site 24—Vacant N.Mt. Vernon Avenue& Vacant W Spruce Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 24: Vacant N. Mt. Vernon Avenue & Vacant W. Spruce Street Commercial Property F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.31 G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Commercial Property. Mount Vernon Avenue is a major north-south roadway located in the western portion of the City. Mount Vernon Avenue connects to the 30 and 215 freeways on the northern end, and Interstate 10 to the south. Historic Route 66 runs north along a portion of Mount Vernon Avenue from Foothill Boulevard/5'h Street north to Cajon Boulevard,where it continues north through the Cajon Pass. The transfer of the Commercial Property for future development to the City of San Bernardino advances the planning objectives of the Successor Agency in accordance with the City's General Plan, Paseo Las Placitas Specific Plan and EIR, and the Agency's Five-Year Implementation Plan 2009/2010 through 2013/2014: 1. Mt. Vernon/Spruce Street Retail Center: Enter into an agreement with a developer for the sale of four(4)Agency parcels for the development of new retail space; 2. Enter into a study agreement with a developer to study the feasibility of various types of development that would be of benefit to the surrounding neighborhood; 3. Maintain and enhance commercial uses along main thoroughfares such as Mt. Vernon Avenue; 4. Protect large parcels that front onto freeways and commercial corridors from subdivision into smaller parcels; 5. Establish and maintain an ongoing liaison with Caltrans; 6. Capture appropriate demand that meets the community's needs and takes full advantage of emerging development and economic opportunities; 7. Provide opportunities for private investment in the City; 8. Provide opportunities for retail and other non-residential commercial and office uses; 9. Encourage pedestrian friendly uses; 10. Achieve greater private sector profit,public benefit, and sustainability; 11. Focus on creating distinct,discernible "places"of varied sizes, functions, and complexity; 31 http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&myaddress=578+N+Mt.+Vernon+Ave%2C+san+bernardino 119 IV.Property to be Transferred for Future Development Site 24—Vacant N.Mt. Vernon Avenue& Vacant W Spruce Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 24: Vacant N. Mt. Vernon Avenue & Vacant W. Spruce Street Commercial Property 12. Enhance the quality of life and economic vitality in San Bernardino by strategic infill of new development and revitalization of existing development; 13. Promote development that integrates with and minimizes impacts on surrounding land uses; 14. Maximize opportunities that generate taxable sales in targeted growth areas; and 15. Develop combined urban street retail that will leverage and complement the existing retail uses. H. History of Previous Development Proposals and Activity(HSC.$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Commercial Property. L Disposition of Property: It is proposed that an RFP will be issued in accordance with the City's policies and procedures for property disposition located in Exhibit"A" Section 11. The ECV of the Vacant Commercial Property is approximately $193,000. The following process was used in determining the ECV of the Vacant Commercial Property: Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately $193,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD Proposed sale value—TBD J. Implementation of the Lon-Ranze Property Manazement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be transferred to the City of San Bernardino for future development, implementation will include securing an HSC § 34180 (f)(1) compensation agreement (the "Compensation Agreement")with the affected taxing entities. The City will seek a Compensation Agreement with the affected taxing entities after the LRPMP is approved by DOF. Waiting until DOF's approval is received will ensure that the legal and staff time committed to preparing for and processing a Compensation Agreement is not wasted in the event that DOF decides not to approve 120 IV.Property to be Transferred for Future Development Site 24—Vacant N.Mt. Vernon Avenue& Vacant W Spruce Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 24: Vacant N. Mt. Vernon Avenue & Vacant W. Spruce Street Commercial Property the LRPMP. The City is concerned that it will not be fruitful to attempt to engage numerous taxing agencies in discussions about proceeds from the sale of properties when the timing of sale is not known and the price has not been determined. Further, this approach will also ensure that the affected taxing entities do not waste their legal and staff time reviewing a Compensation Agreement that would otherwise become mute in the event of a DOF denial. However, if DOF approves the LRPMP,then prior to the transfer of the property to the City,the City will prepare a Compensation Agreement and diligently seek the approval of the affected taxing entities. If the Compensation Agreement is approved,then the transfer of the property to the City will occur thereafter consistent with the provisions of the Compensation Agreement. If for any reason the Compensation Agreement is not approved by all affected taxing entities, then the affected properties will be transferred to the City pursuant to the authority provided by HSC § 34180(f)(2),wherein the value of the affected properties will be determined as the fair market value as of the 2011 property tax lien date, as determined by an independent appraiser, and approved by the Oversight Board. 121 IV.Property to be Transferred for Future Development Site 24—Vacant N.Mt. Vernon Avenue& Vacant W Spruce Street Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 25: ARCO Gas Station Address: 542 N.Mt. Vernon Avenue API: 0138-115-13 122 IV.Property to be Transferred for Future Development Site No.25—ARCO Gas Station Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 25: ARCO Gas Station A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 25 is the ARCO Gas Station (the "Gas Station") and is proposed to be transferred to the City of San Bernardino for future development pursuant to HSC § 34191.5 (c)(2). B. Acquisition of Property(HSC k 34191.5(c)(1)(A) anilk 34191.5 0(1)(B)): Property records indicate that the Gas Station was acquired by the Agency several separate transactions and carries a total Book Value of$768,380. The following table details the property records: Acquisition Details of the Gas Station Property APN Acquisition Date Book Original APNs as Historical Background Value Acquired by Agency August 2005 $35,522 0138-115-02 August 2004 $49,907 0138-115-03 On May 27,2008,Parcel 04 Map 17809 was recorded, 0138-115- 05 0138-115-13 September 2005 $270,437 0138-115-04 thereby creating APN 0 13 8- June 2001 1 $309,486 1 0138-115-06 115-13. February 2006 1 $103,028 1 0138-115-07 The Gas Station was acquired by the Agency in order to benefit the residents of the surrounding areas,and the City as a whole,by providing a gas station to meet their needs. The estimated current value (the "ECV")of the Gas Station is approximately$1,950,000. C. Site Information (HSC S 34191.5(c)(1)(0): The Gas Station consists of one (1) 0.95-acre parcel (APN 0138-115-13) located at 542 N. Mt. Vernon Avenue. Gas Station improvements were constructed in 2008 and include a convenience store(approximately 3,000 sf),fuel island canopy(approximately 5,000 sf),and a car wash building (approximately 900 sf). The Gas Station is zoned Commercial General(CG-3)in the 1992-Paseo Las Placitas Specific Plan (the "1992-SP"). The purpose of the CG-3 zone is to allow for local and regional serving retail, personal service, entertainment, office, and related commercial uses. D. Estimated Current Value(HSC S 34191.5(c)(1)(D)): To determine an ECV for the Gas Station Property, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$1,950,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. 123 IV.Property to be Transferred for Future Development Site No.25—ARCO Gas Station Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 25: ARCO Gas Station E. Site Revenues(HSC k 34191.5(c)(1)(EM One dollar($1.00) in annual rent is generated from the Gas Station Property. On January 10,2005,the Agency entered into a lease (the"2005-Lease")with El Paseo Petroleum. The 2005-Lease was terminated by the Agency for abandonment and default. The current lease (the "2011-Lease"), dated May 11, 2011,is with A&A Holdings (the "Tenant"). The terms of the 2011-Lease hold the Tenant responsible for all taxes, utilities, and maintenance and repair of the property. Concurrently with the execution of the 2011-Lease, the Tenant is making a loan to the San Bernardino Economic Development Corporation(the SBEDC")in the amount of$1,900,000, which amount is being paid to Leasehold Mortgage Stonefield,the construction lender, as current payment of the Note and Deed of Trust on the Gas Station Property. F. History ofEnvironmental Contamination (HSC$34191.5(c)(1)(F)): There is no known history of environmental contamination.32 G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninz Obiectives of the Successor Azency(HSC S 34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Gas Station Property. Mount Vernon Avenue is a major north-south roadway located in the western portion of the City. Mount Vernon Avenue connects to the 30 and 215 freeways on the northern end, and Interstate 10 to the south. Historic Route 66 runs north along a portion of Mount Vernon Avenue from Foothill Boulevard/5'h Street north to Cajon Boulevard,where it continues north through the Cajon Pass. The transfer of the ARCO Gas Station for future development to the City of San Bernardino advances the planning objectives of the Successor Agency in accordance with the City's General Plan, Paseo Las Placitas Specific Plan and EIR, and the Agency's Five-Year Implementation Plan 2009/2010 through 2013/2014: 1. Maintain and enhance commercial uses along main thoroughfares such as Mt. Vernon Avenue; 2. Protect large parcels that front onto freeways and commercial corridors from subdivision into smaller parcels; 3. Establish and maintain an ongoing liaison with Caltrans; 4. Capture appropriate demand that meets the community's needs and takes full advantage of emerging development and economic opportunities; 5. Provide opportunities for private investment in the City; 6. Encourage pedestrian friendly uses; 7. Achieve greater private sector profit,public benefit, and sustainability; and 32 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=542+n+mt+vernon+san+bernardino 124 IV.Property to be Transferred for Future Development Site No.25—ARCO Gas Station Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 25: ARCO Gas Station 8. Maximize opportunities that generate taxable sales in targeted growth areas. H. History of Previous Development Proposals and Activity(HSC.$34191.5(c)(1)(H)): January 2005, the Agency entered into a Dispositions and Development Agreement (the "2005- DDA") with El Paseo Petroleum, LLC, (the "Developer") to construct and operate a gas station ("Phase-I") on the northwest corner of W. 5th Street and N. Mt. Vernon Avenue. The Agency was to acquire six(6)parcels for Phase-I of the 2005-DDA. January 2005,Neighborhood Redevelopment Lease was executed between the Developer and the Agency. February 2006, land assembly for Phase-I was completed by the Agency. May 2008, Parcel Map 17809 was recorded thereby establishing a new parcel,APN 0138-115-13. June 2008,the 2005-DDA was amended to require, among other items,the Developer to purchase the underlying land (Phase-1) from the Agency upon funding of the permanent loan, for an appraised value to be determined at such time. The sale of the land did not occur and the Agency entered into a lease with the Developer. August 2008, the Developer entered into a construction contract for the construction of the gas station. March 2010,the Developer opened the gas station for business. August 3, 2010,the Developer was sued by its construction contractor for lack of payment. December 2,2010,the Developer closed the gas station pending a new agreement with a petroleum supplier. February 1, 2011, lease is terminated with Developer. February 14, 2011, 2005-DDA is terminated with Developer. May 2011, Agency (SBEDC on behalf of the Agency) executed new Lease with ACCA Holdings (Ed Haddad) for the refurbishment and re-opening of the ARCO AM/PM with a Car Wash. May 2011,Agency(SBEDC)executed Promissory Note in favor of ACCA to"borrow"$1,900,000 to buy the construction lender note. May 2011, Agency (SBEDC on behalf of the Agency) executed Deed of Trust w/Assignment of Rents to ACCA to secure the $1.9M Promissory Note. July 2011,A&A Holdings reopened gas station. 125 IV.Property to be Transferred for Future Development Site No.25—ARCO Gas Station Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 25: ARCO Gas Station L Disposition of Property: It is proposed that an RFP will be issued in accordance with the City's policies and procedures for property disposition located in Exhibit"A" Section 11. The ECV of the Gas Station is approximately $1,950,000. The following process was used in determining the ECV of the Gas Station Property: Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately $1,950,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD Proposed sale value—TBD i Implementation of the Long Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be transferred to the City of San Bernardino for future development, implementation will include securing an HSC § 34180 (f)(1) compensation agreement (the "Compensation Agreement")with the affected taxing entities. The City will seek a Compensation Agreement with the affected taxing entities after the LRPMP is approved by DOF. Waiting until DOF's approval is received will ensure that the legal and staff time committed to preparing for and processing a Compensation Agreement is not wasted in the event that DOF decides not to approve the LRPMP. The City is concerned that it will not be fruitful to attempt to engage numerous taxing agencies in discussions about proceeds from the sale of properties when the timing of sale is not known and the price has not been determined. Further, this approach will also ensure that the affected taxing entities do not waste their legal and staff time reviewing a Compensation Agreement that would otherwise become mute in the event of a DOF denial. However, if DOF approves the LRPMP,then prior to the transfer of the property to the City,the City will prepare a Compensation Agreement and diligently seek the approval of the affected taxing entities. If the Compensation Agreement is approved,then the transfer of the property to the City will occur thereafter consistent with the provisions of the Compensation Agreement. If for any reason the Compensation Agreement is not approved by all affected taxing entities, then the affected properties will be transferred to the City pursuant to the authority provided by HSC § 34180(f)(2),wherein the value of the affected properties will be determined as the fair market value as of the 2011 property tax lien date, as determined by an independent appraiser, and approved by the Oversight Board. 126 IV.Property to be Transferred for Future Development Site No.25—ARCO Gas Station Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 26: Vacant N. Little League Drive &I-215 Residential Property Site Address: N.Little League Drive&I-215 APN.- 0261-111-21 0261-451-03 0261-451-19 0261-451-35 0261-461-03 0261-461-19 0261-461-35 0261-461-51 0261-111-23 0261-451-04 0261-451-20 0261-451-36 0261-461-04 0261-461-20 0261-461-36 0621-461-52 0261-111-25 0261-451-05 0261-451-21 0261-451-37 0261-461-05 0261-461-21 0261-461-37 0261-461-53 0261-111-29 0261-451-06 0261-451-22 0261-451-38 0261-461-06 0261-461-22 0261-461-38 0261-461-54 0261-111-30 0261-451-07 0261-451-23 0261-451-39 0261-461-07 0261-461-23 0261-461-39 0261-461-55 0261-111-33 0261-451-08 0261-451-24 0261-451-40 0261-461-08 0261-461-24 0261-461-40 0261-461-56 0261-111-35 0261-451-09 0261-451-25 0261-451-41 0261-461-09 0261-461-25 0261-461-41 0261-461-57 0261-111-37 0261-451-10 0261-451-26 0261-451-42 0261-461-10 0261-461-26 0261-461-42 0261-461-58 0261-111-40 0261-451-11 0261-451-27 0261-451-43 0261-461-11 0261-461-27 0261-461-43 0261-461-59 0261-121-01 0261-451-12 0261-451-28 0261-451-44 0261-461-12 0261-461-28 0261-461-44 0261-461-60 0261-121-02 0261-451-13 0261-451-29 0261-451-45 0261-461-13 0261-461-29 0261-461-45 0261-461-61 0261-121-03 0261-451-14 0261-451-30 0261-451-46 0261-461-14 0261-461-30 0261-461-46 0261-461-62 0261-121-13 0261-451-15 0261-451-31 0261-451-47 0261-461-15 0261-461-31 0261-461-47 0261-461-63 0261-121-14 0261-451-16 0261-451-32 0261-451-48 0261-461-16 0261-461-32 0261-461-48 0261-461-64 0261-451-01 0261-451-17 0261-451-33 0261-461-01 0261-461-17 0261-461-33 0261-461-49 0261-461-65 0261-451-02 0261-451-18 0261-451-34 0261-461-02 0261-461-18 0261-461-34 0261-461-50 0261-461-66 0261-171-06 _ r � l• + rt 127 IV.Property to be Transferred for Future Development Site No.26 —Vacant N.Little League Drive&I-215 Resential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 26: Vacant N. Little League Drive &I-215 Residential Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 26 is the Vacant N. Little League Drive & I-215 Residential Property (the "Vacant Residential Property") and is proposed to be transferred to the City of San Bernardino for future development pursuant to HSC § 34191.5 (c)(2). B. Acquisition ofProperty(HSC S 34191.5(c)(1)(A) and.$34191.5 0(1)(B)): The Vacant Residential Property was acquired by the Agency in August 2001, and August 2005. It carries a total Book Value of$2,122,209. The Vacant Residential Property was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value(the"ECV")of the Vacant Residential Property is approximately $3,281,000. C. Site Information (HSC_6 34191.5(c)(1)(0): The Vacant Residential Property consists of 129 parcels (APNs: 0261-111-21, -23, -25, -29, -30, - 33, -35, -37, -40; 0261-121-01, -02, -03, -13, -14; 0261-451-01 to -48; 0261-461-01 to -66; 0261- 171-06)totaling 93.90 acres and located at the northwesterly corner of N. Little League Drive and 1-215. The Vacant Residential Property is zoned Residential Low(RL),Residential Low(RL-3.5), and Publicly owned Flood Control (PFC). The RL and RL-3 designations are intended to promote the development of low-density,large lot,single-family detached residential units with a minimum average lot size of 10,800 square feet. The RL and RL-3.5 zone allows a maximum density of 3.1 units per net acre or 3.5 units per net acres, respectively. The intent of the PFC designation is to provide for the continuation,maintenance, and expansion of public flood control facilities. D. Estimated Current Value(HSC$34191.5 0(1)(D)): To determine the ECV for the Vacant Residential Property, the Agency conducted a comparable sales analysis through the National Data Collective. The comparable sales analysis resulted in a potential value of$6,500,000. Analyzing the Property further, given its location in a flood pain and a habitat area,the $6,500,000 was offset by two (2) significant cost impacts: (i)the cost of fill dirt to raise the Property above flood plain levels and (ii) the cost of mitigating the potential Kangaroo Rat Habitat. Approximately 20 percent of the Property's overall acreage of 93.90 acres was used to determine the number of acres that would necessitate fill dirt and Kangaroo Rat Habitat Mitigation costs. After accounting for the additional costs,the ECV was determined to be approximately$3,281,000, as depicted below: Comparable Sales Value: $6,200,000 (Fill dirt @$7/cy)(7,893cy/ac)(18.8ac): ($1,039,000) Kangaroo Rat Habitat Mitigation ($1 00,000/ac)(1:1)(1 8.8ac): ($1,880,000) ECV: $3,281,000 Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. 128 IV.Property to be Transferred for Future Development Site No.26 —Vacant N.Little League Drive&I-215 Resential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 26: Vacant N. Little League Drive &I-215 Residential Property E. Site Revenues(HSC.$34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Residential Property. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): In March 2006, Proterra Consulting, Inc. ("PCI") conducted and submitted a Phase I Environmental Assessment Bice Property Proposed Residential Development, 105 Acres Undeveloped Land Near Interstate I-215 and Little League Drive, San Bernardino, California at the request of Century Vintage Homes. PCI's conclusions and recommendations: "The site reconnaissance and review of historical aerial photographs generally support the finding that the property has been undeveloped since at least 1930... There were no significant environmental concerns observed on the property. Based on the lack of Recognized Environmental Conditions associated with the property, additional environmental investigation appears unwarranted at this time." The Agency accepted PCI's conclusions and recommendations. G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninz Obiectives of the Successor Amency(HSC k 34191.5(00)(G)): There is no potential for a TOD in conjunction with Vacant Residential Property. Verdemont Heights is a residential community located in the northwestern most corner of the City, nestled in the foothills of the San Bernardino Mountains and overlooking the Cajon Creek Wash and the Glen Helen Regional Park. Verdemont Heights is bordered on the north by the San Bernardino National Forest, on the southwest by Kendall Drive, Interstate 215, and the Cajon Creek, and on the southeast by the Devil's Canyon Flood Control Basins and the East Branch of the California Aqueduct. The transfer of the Vacant Residential Property for future development to the City of San Bernardino advances the planning objectives of the Successor Agency in accordance with the City's General Plan, Verdemont Height Area Plan, 2009-Downtown Core Vision &Action Plan, and the Agency's Five-Year Implementation Plan 2009/2010 through 2013/2014: 1. Conduct feasibility analysis and seek a developer to develop the 100 acres of Agency- owned land on the north side of Little League Drive known as the Bice property; 2. Provide the guidance and direction to create an identifiable village that is unique and includes a range of services and activities to serve the residents of the area; 3. Work with Omnitrans, explore the feasibility of"transit friendly"uses, such as park-and- ride lots,higher density transit oriented developments, and transit stations; 4. Establish and maintain an ongoing liaison with Caltrans,the railroads, and other agencies to help minimize impacts and improve aesthetics of their facilities and operations; 129 IV.Property to be Transferred for Future Development Site No.26 —Vacant N.Little League Drive&I-215 Resential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 26: Vacant N. Little League Drive &I-215 Residential Property including possible noise walls, berms, limitation on hours and types of operations, landscaped setbacks and decorative walls along its periphery; 5. Collaborate with California State University, San Bernardino to create a transit system; 6. Protect large parcels that front onto freeways and commercial corridors from subdivision into smaller parcels; 7. Control development and the use of land to minimize adverse impacts on significant natural,historic, cultural,habitat, and hillside resources; 8. Promote the development of higher end housing; 9. Attract upscale local serving uses to serve the residents of the area; 10. Promote development that integrates with and minimizes impacts on surrounding land uses; 11. Ensure new developments be designed to complement and not devalue the physical characteristics of the surrounding environment; 12. Conserve and enhance San Bernardino's biological resources; 13. Sensitively integrate regionally beneficial land uses such as transportation corridors, flood control systems,utility corridors, and recreational corridors into the community; 14. Focus on creating distinct,discernible "places"of varied sizes,functions,and complexity'; 15. Expand our industrial market and office development opportunities; and 16. Expand opportunities by encouraging an appropriate mix of revenue-generating land uses to maintain a competitive edge and a strong sales tax base. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): On May 18,2004,a Developer presented a proposal to purchase and develop a portion of the Vacant Residential Property. On July 24, 2006, a Disposition and Development Agreement(the "DDA") was approved between the Agency and the Developer for the development and sale of approximately 79 acres of the Property. The remaining acreage was to be retained for use as parkland and recreational space. In January 2007, the Developer and the Agency executed the DDA. On January 26, 2007, escrow was opened. The Developer worked diligently on this project for over five (5) years, meeting numerous times with Agency and City staff in order to make this project a reality in addition to meetings and ongoing studies with the County Flood Control District on hydrology and debris flow analysis. However, due to the downturn in the economy and extreme problems and difficulties in both the 130 IV.Property to be Transferred for Future Development Site No.26 —Vacant N.Little League Drive&I-215 Resential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 26: Vacant N. Little League Drive &I-215 Residential Property housing and financing markets, the original project approved in the DDA became impossible to accomplish. Subsequently, on August 18, 2008,the DDA was mutually terminated. In an attempt to market the Vacant Residential Property to suit its highest and best use,the Agency had a Highest and Best Use Assessment(the "Assessment") completed in 2010. The conclusion of the Assessment was that the current economy clearly did not position the Vacant Residential Property for immediate development for any product type. However, the relatively near term recovery and demand expectations for office space and light industrial could provide an opportunity for these uses as the area begins to experience economic recovery beginning in 2013. Even though retail would be the highest and best use, the uncertainty in retail recovery and demand forecast could delay demand for up to 8 to 10 years. In 2010, the development known as Spring Trails attempted to secure a secondary access to the housing development. Between the existing neighborhoods not wanting the additional traffic of the spring Trails development, and the flood control issues on the Vacant Residential Property, an access road was not obtained. While there are no current development proposals or activities related to the Vacant Residential property, interest in the Brokerage Community. L Disposition of Property: It is proposed that an RFP will be issued in accordance with the City's policies and procedures for property disposition located in Exhibit"A" Section 11. The ECV of the Vacant Residential Property is approximately $3,281,000. The following process was used in determining the ECV of the Vacant Residential Property: Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$3,281,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD Proposed sale value—TBD i Implementation of the Loner-Ranze Property Manazement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be transferred to the City of San Bernardino for future development, implementation will include securing an HSC § 34180 (f)(1) compensation agreement (the "Compensation Agreement")with the affected taxing entities. The City will seek a Compensation 131 IV.Property to be Transferred for Future Development Site No.26 —Vacant N.Little League Drive&I-215 Resential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 26: Vacant N. Little League Drive &I-215 Residential Property Agreement with the affected taxing entities after the LRPMP is approved by DOE Waiting until DOF's approval is received will ensure that the legal and staff time committed to preparing for and processing a Compensation Agreement is not wasted in the event that DOF decides not to approve the LRPMP. The City is concerned that it will not be fruitful to attempt to engage numerous taxing agencies in discussions about proceeds from the sale of properties when the timing of sale is not known and the price has not been determined. Further, this approach will also ensure that the affected taxing entities do not waste their legal and staff time reviewing a Compensation Agreement that would otherwise become mute in the event of a DOF denial. However, if DOF approves the LRPMP,then prior to the transfer of the property to the City,the City will prepare a Compensation Agreement and diligently seek the approval of the affected taxing entities. If the Compensation Agreement is approved,then the transfer of the property to the City will occur thereafter consistent with the provisions of the Compensation Agreement. If for any reason the Compensation Agreement is not approved by all affected taxing entities, then the affected properties will be transferred to the City pursuant to the authority provided by HSC § 34180(f)(2),wherein the value of the affected properties will be determined as the fair market value as of the 2011 property tax lien date, as determined by an independent appraiser, and approved by the Oversight Board. 132 IV.Property to be Transferred for Future Development Site No.26 —Vacant N.Little League Drive&I-215 Resential Property sWr / qfSan RedevelopmentSuccessor Agency to the /AgencyProperty PropertyV. IV 133 V. t� .. Property I be Sold Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Property t/ beSold' Site No. 1 Address AP1Y Site Size Zoning' Permissible Estimated Site Reference(x) (ac) Lse Current Value 0136-111-14 27. 170 S."E"Street 0136-111-15 SBCTC Transit Center(3) 174 S."E"Street 0136-111-24 4.54 CCS-1 Sell $1,704,000 portion of 0136- 111-23 28. 2355 N.Ramona Vacant Ramona Avenue Avenue 0148-173-07 0.17 IL Sell $22,000 Industrial Property(1) 29. Vacant N."J"Street Residential N."J"Street 0144-123-03 0.11 RS Sell $16,400 Property#1 (1) 30. Vacant N."J"Street Residential N."J"Street 0144-131-36 0.11 RS Sell $16,400 Property#2(1) 31. Vacant W. 17"'Street Residential W. 17"' 0144-123-46 0.11 RS Sell $16,400 Property 1 32. Vacant N.Harris Street N.Harris Street 0144-131-21 0.11 RS Sell $16,400 Residential Property(1) 33. Vacant Union Street Residential 1348 Union Street 0139-231-34 0.16 RS Sell $55,000 Property 1 34. 673 N.Crescent Vacant N.Crescent Avenue Avenue 0134-014-10 0.08 RM Sell $8,500 Residential Property(1) 35. Vacant N."D"Street Residential 1238 N."D"Street 0145-242-32 0.18 RM Sell $18,000 Property#1 1 36. Vacant N."D"Street Residential N."D"Street 0145-242-33 0.15 RM Sell $18,000 Property#2(1) 37. Vacant Wall Avenue Residential 1256 Wall Avenue 0146-241-07 0.17 RM Sell $117,000 Property 1 38. N.Del Rosa Vacant N.Del Rosa Avenue 0155-101-08 0.92 RM Sell $95,000 Residential Property(1) Avenue 39. 686 E. Santa Fe Vacant E. Santa Fe Street Street 0280-062-07 0.23 IL Sell $29,000 Industrial Property(1) 40. Vacant S.Foisy Street Industrial 904 S.Foisy Street 0280-131-23 0.66 IL Sell $82,000 Property 1 41. 882 S.Washington Vacant S.Washington Street Street 0136-461-09 0.58 IL Sell $72,000 Industrial Property(1) 42 757 N.Mt. Vernon Vacant N.Mt.Vernon Avenue Avenue 0139-291-60 0.73 SP-PP Sell $252,000 Commercial Property(2) 761 N.Mt.Vernon 0139-291-61 CG-3 Avenue (x)The number in parenthesis reflects the number of parcels that constitute the Site. 2 See Exhibit"H"for Assessor Parcel Maps for properties to be Sold s See Exhibit"I"for zoning/land use information 134 V.Property to be Sold Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Property t/ beSold' Site No. Address APN Site Size Zoning' Permissible Estimated Site Re erence .xt ac Use Current Value 43. N."E"Street Unoccupied 385 N."E"Street 0134-241-64 0.06 CR-2 Sell $88,000 Restaurant Building(1) 44. 0281-031-51 E.Cooley Avenue Parking Lot E.Cooley Avenue 0281-041-41 4.25 IH Sell $310,000 (2) 45. 0281-021-30 E.Cooley Avenue Industrial E.Cooley Avenue 0281-031-52 6.31 IH Sell $372,000 Property 2 (x)The number in parenthesis reflects the number of parcels that constitute the Site. 2 See Exhibit"H"for Assessor Parcel Maps for properties to be Sold s See Exhibit"I"for zoning/land use information 135 V.Property to be Sold Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 27: SBCTC Transit Center Address: 170 S. "E" 174 S. "E" None 280 S. "E"Street APN- Street Street 0136-111-24 0136-111-23 (portion) 0136-111-14 0136-111-15 17 - .r ' _ c,. 136 V.Property to be Sold Site No.27—SBCTC Transit Center Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 27. SBCTC Transit Center A. Permissible Use(HSC j$34191.5(c)(2)): Site No. 27 is the site of the Downtown San Bernardino Transit Center (the "Transit Center") currently being constructed by the San Bernardino County Transportation Commission (the "SBCTC"). Site No. 27 is proposed to be sold by the Successor Agency to the SBCTC to be used as the Downtown Transit Center. The SBCTC brought an eminent domain action in 2013,against the Successor Agency to acquire the parcels for the Transit Center. Pursuant to the eminent domain action, the SBCTC deposited probable just compensation (appraised fair market value) for the parcels with the California Treasurer and obtained an Order of Possession. As a consequence, possession of the parcels has already transferred to the SBCTC and title will transfer to the SBCTC at the conclusion of the eminent domain action. Construction of the Transit Center is underway and completion of the project's first phase is anticipated to occur before the end of 2015. B. Acquisition of Property(HSC.$34191.5(c)(1)(A) anilk 34191.5(c)(1)(B)): Property records indicate that the parcels making up the Transit Center site were acquired by the Agency in several separate transactions and carried a total Book Value of $2,268,800. The following table details the property records: Acquisition Details of i APN Acquisition Date Book Value 0136-111-14 June 2010 $441,103 0136-111-15 0136-111-24 July 2005 $1,827,697 0136-111-23(portion) The Transit Center site was acquired by the Agency in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight by assembling land and preparing property for future development. The estimated current value (the "ECV") of the Transit Center site is $1,704,000. C. Site Information (HSC S 34191.5(c)(1)(0): The Transit Center consists of three(3)parcels and part of a fourth parcel totaling 4.62 acres(APNs 0136-111-14, -15, -24, and a portion of-23) located at 170 S. "E" Street and 174 S. "E" Street. APN 0136-111-24 is land-locked and has no address. APN 0136-111-23 is the Baseball Stadium Park site (Site No. 6),the main address of which is 280 S. "E" Street, a portion of which will be used as a secondary/emergency access point to the Transit Center The Transit Center is zoned Central City South-1 (CCS-1). The CCS-1 designation is intended to permit general retail, professional office, and medical types of uses. D. Estimated Current Value(HSC k 34191.5(c)(1)(D)): On March 22, 2013,the SBCTC filed with the Superior Court for the County of San Bernardino a Summalof the Basis for Appraisal Opinion in Support of Deposit (C.C.P. § 1255.020(B)). Mr. John J. Gobbell, Jr., a certified general real estate appraiser, was commissioned by the SBCTC to conduct the appraisal. Mr. Gobbell's conclusion was "that the probable amount of just compensation that will be awarded for the taking is $1,704,000." As noted above,the $1,704,000 valuation also includes approximately 4,000 sf of APN 0136-111-23 (Site No. 6 of this LRPMP) that will be used for a secondary/emergency access point to the Transit Center. The Agency 137 V.Property to be Sold Site No.27—SBCTC Transit Center Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 27: SBCTC Transit Center obtained an independent evaluation of the SBCTC's appraisal of$1,704,000 and the appraisal was found to be reasonable and accurate. Accordingly,the ECV of the Transit Center is $1,704,000. E. Site Revenues(HSC$34191.5 0(1)(E)): While there are no site revenues generated from the Transit Center, the SBCTC has deposited $1,704,000 with the California Treasurer in connection with its eminent domain proceeding,which will be disbursed to the record owner of the site upon transfer or title at the conclusion of the proceeding. E History ofEnvironmental Contamination (HSC.$34191.5 0(1)(F)): APN 0136-111-24: In April 2009, AMEC Geomatrix, Inc. ("AMEC") conducted an environmental investigation and submitted a Targeted Site Investigation Report, Transit Village Core, San Bernardino, California at the request of the California Department of Toxic Substances Control(the"DTSC")with funding from a grant awarded to the Agency. AMEC's conclusions and recommendations are as follows: "The TSI was performed under the direction of the DTSC to assess environmental conditions at the site...For the intended future site use as light industrial and transit-related projects, only arsenic was detected in some soil samples from the site at concentrations that could pose an unacceptable risk to human health. Based on the results of the TSI, it is unlikely that the COPCs identified at the site would impact the groundwater;therefore, future groundwater sampling is not necessary. Concentrations of arsenic exceeding the Southern California upper-bound background concentration of 12 mg/kg (DTSC, 2009) need to be addressed to allow for site redevelopment. As noted in Section 6.0, soil sample results indicate that elevated levels of arsenic are limited predominantly to the northeast portion of the site and the southeast corner of the site. It may be practical to define the extent of arsenic-impacted soil for removal and offsite disposal. Alternatively, should these materials remain in place,then a deed restriction may be considered for those areas at the property. Recommendations for the site will depend upon final redevelopment plan and agency concurrence. For the intended land use as light industrial and transit- related projects,these could include the following. 1. Continue characterizing the extent of arsenic-impacted soil. 2. Excavate specific areas of the site with arsenic-impacted soils, as practical. 3. Areas of impacted soil, if left on site, will need to be covered with impervious barriers to prevent exposure to future site users. 4. If no soil removal is performed,place a deed restriction on the specific areas of the arsenic-impacted soil and prepare a soil management plan 138 V.Property to be Sold Site No.27—SBCTC Transit Center Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 27. SBCTC Transit Center in the event these areas would be disturbed by future development/maintenance activities." DTSC and the Agency accepted AMEC's conclusions and recommendations. G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Azency(HSC$34191.5(c)(1)(G)): The Transit Center provides multi-modal access to both local and regional public transit systems, along with direct transit access to and from three major universities in the region. The$128 million Transit Center is under construction with phase one opening in mid-2015 and phase two opening in mid-2016. The Transit Center brings the following multiple modes of public transit, with an estimated 8,000 people passing through the Transit Center daily: • Metrolink Regional Passenger Rail System (opening mid-2016). The Southern California Regional Passenger Rail system (Metrolink) is being extended into downtown San Bernardino,where three new rail platforms at the Transit Center will be the origination and termination points for 50 passenger trains each day with service between downtown San Bernardino and downtown Los Angeles (avg. 20,000 weekly riders) and Orange County (avg. 7,500 weekly riders). Metrolink is the regional passenger rail system serving the 18 million residents in the five-county Southern California region. The Project Site is one of the only large, available properties adjacent to a main terminal station on the Metrolink system. • sbX High-Speed Bus Rapid Transit (BRT) System (opened April 2014). The sbX Bus Rapid Transit(BRT) system commenced service in April 2014,the first high-speed BRT system outside of Los Angeles in Southern California. This transit system directly connects the Transit Center to a sixteen-mile transportation corridor with California State University, San Bernardino (17,000 students & faculty) at the north end and Lorna Linda University &Medical Center(8,000 students &faculty) at the south end. There is a sbX BRT center-lane station at the mid-point on the eastern boundary of the Transit Center. • Local Light Rail Transit System (opening 2018). A 9-mile light rail system connecting downtown San Bernardino to downtown Redlands and the University of Redlands(4,000+ students & faculty) is currently under design and engineering. This transit system is programmed to commence service in 2018. The light rail system is proposed to have six stations with origination and termination at the Transit Center. Local and Regional Bus Service(opening mid-2015). The Transit Center also contains 22 bus bays that bring together local and regional bus service from throughout San Bernardino and Riverside Counties, serving over two million residents throughout Inland Southern California. The completion of the Transit Center project advances the planning objectives of the Successor Agency and the City to (i) complete the design and construction of an Intermodal Transit Station located at the Southwest corner of Rialto Avenue and "E" Street on a vacant 4.5-acre parcel to replace the current bus transit mall along 4th Street; (ii) complete the construction of the Transit 139 V.Property to be Sold Site No.27—SBCTC Transit Center Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 27. SBCTC Transit Center Center; (iii) encourage economic activity that capitalizes upon the transportation and locational strengths of San Bernardino;and(iv)continue to build upon location and transportation advantages. On February 23, 2015,the Oversight Board adopted its Resolution No. SBOB/2015-01 approving a proposed Interlocutory Judgment in Condemnation in the SBCTC's eminent domain proceeding, San Bernardino County Superior Court Case No. CIVDS 1302927, San Bernardino County Transportation Commission,as plaintiff,vs. San Bernardino Economic Development Corporation, et al.,as defendants. The Successor Agency,as the current record owner of the Transit Center site, is named as a defendant in the proceeding. The purposes of Resolution No. SBOB/2015-01 were (1) to request DOF's approval of the Agency's agreement to accept the SBCTC's deposit of $1,704,000 as just compensation for the taking of the Transit Center site,and(2)to request DOF's written determination of whether$870,000 of the deposit should be paid to the SBCTC by way of offset. The SBCTC's offset claim is based upon a pre-condemnation agreement of the San Bernardino Economic Development Corporation (the "SBEDC") to convey part of the Transit Center site,valued at$870,000,to the SBCTC. The SBEDC acquired that property from the former RDA in a March 2011 transfer that the State Controller and DOF later determined to have been unauthorized. The SBCTC is aware of that determination and has agreed not to pursue its offset claim against the deposited funds provided that DOF determines the funds to be an asset of the Successor Agency to be used only as approved by the DOF, and does not approve the use of any part of the funds to satisfy the SBCTC's claim to an offset. In a letter dated April 17, 2015, however, the DOF declined to approve Resolution No. SBOB/2015-01 and returned it to the Oversight Board for further consideration. The matter was later taken up in a"Meet and Review" meeting with DOF and the ultimate determination of the matter is pending. H. History of Previous Development Proposals and Activity(HSC.$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Transit Center. L Disposition of Property: The SBCTC currently has a Superior Court "Order of Possession" for the Transit Center, and the construction of the Transit Center is almost complete. Date of estimated current value—March 2013 Value Basis—Appraisal -ECV is $1,704,000. Proposed sale date—TBD Proposed sale value— $1,704,000 J. Implementation of the Loner-Ranze Property Manazement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries 140 V.Property to be Sold Site No.27—SBCTC Transit Center Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 27. SBCTC Transit Center associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 141 V.Property to be Sold Site No.27—SBCTC Transit Center Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 28: Vacant Ramona Avenue Industrial Property Address: 2355 N.Ramona Avenue APN.• 0148-173-07 w. !•f s -t 3 fir 142 V.Property to be Sold Site No.28- Vacant Ramona Avenue Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 28: Vacant Ramona Avenue Industrial Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 28 is the Vacant Ramona Avenue Industrial Property (the "Vacant Industrial Property") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Vacant Industrial Property was acquired by the Agency in January 2010, and carries a Book Value of$21,500. The Vacant Industrial Property was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value(the"ECV")of the Vacant Industrial Property is approximately$22,000. C. Site Information (HSC k 34191.5(c)(1)(C)): The Vacant Industrial Property consists of one (1) 0.17-acre parcel (APN 0148-173-07) located at 2355 N. Ramona Avenue. The Vacant Industrial Property is zoned Industrial Light(IL). The IL designation is intended to retain,enhance and intensify existing industrial property,and provide for the new development of lighter industrial uses along major vehicular, rail, and air transportation routes serving the City. D. Estimated Current Value(HSC S 34191.5(c)(1)(D)): To determine an ECV for the Vacant Industrial Property, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$22,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Industrial Property. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.33 33 http1/geotrackermaterboards.ca.gov/map/?CMD=runreporAwadd ress=2355+n+ramona%2C+san+Bernardino 143 V.Property to be Sold Site No.28- Vacant Ramona Avenue Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 28: Vacant Ramona Avenue Industrial Property G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Industrial Property. Selling the Vacant Industrial Property to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Industrial Property. L Disposition of Property: The Successor Agency proposes to sell the Vacant Industrial Property in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Industrial Property is approximately$22,000. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$22,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There 144 V.Property to be Sold Site No.28- Vacant Ramona Avenue Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 28: Vacant Ramona Avenue Industrial Property J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 145 V.Property to be Sold Site No.28- Vacant Ramona Avenue Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 29: Vacant N. "J"Street Residential Property#1 Address: N. J"Street APN.• 0144-123-03 777,7 ;Y �s7t1� 146 V.Property to be Sold Site No.29- Vacant N. `J Street Residential Property 41 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 29: Vacant N. "J"Street Residential Property#1 A. Permissible Use(HSC k 34191.5 (c)(2)): Site No. 29 is the Vacant"J" Street Residential Property#1 (the "Vacant Residential Property#1") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Vacant Residential Property 41 was acquired by the Agency in February 1994, and carries a Book Value of $6,700. The Vacant Residential Property 41 was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value(the"ECV") of the Vacant Residential Property#1 is approximately $16,400. C. Site Information (HSC k 34191.5(c)(1)(C)): The Vacant Residential Property#1 consists of one (1) 0.11-acre parcel(APN 0144-123-03)located at southwest corner of"J" Street and 17th Street. The Vacant Residential Property 41 is zoned Residential Suburban(RS). The RS designation is intended to promote the development of single- family detached units in a suburban setting with a minimum lot size of 7,200 square feet, and a maximum density of 4.5 units per net acre. D. Estimated Current Value(HSC k 34191.5(c)(1)(D)): To determine an ECV for the Vacant Residential Property 41, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately $16,400. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Residential Property#1. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.34 34 http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&myaddress=J+St+and+17th+St+San+Bernardino 147 V.Property to be Sold Site No.29- Vacant N. `J"Street Residential Property#1 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 29: Vacant N. "J"Street Residential Property#1 G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Residential Property 41. Selling the Vacant Residential Property 41 to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Residential Property 41. L Disposition ofPropertV: The Successor Agency proposes to sell the Vacant Residential Property 41 in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Residential Property 41 is approximately $16,400. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$16,400. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 148 V.Property to be Sold Site No.29- Vacant N. `J"Street Residential Property#1 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 29: Vacant N. "J"Street Residential Property#1 J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 149 V.Property to be Sold Site No.29- Vacant N. `J"Street Residential Property#1 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 30: Vacant N. "J"Street Residential Property#2 Address: N. J"Street APN.• 0144-131-36 J t 150 V.Property to be Sold Site No. 30- Vacant N. `J"Street Residential Property 42 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 30: Vacant N. "J"Street Residential Property#2 A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 30 is the Vacant N. "J" Street Residential Property 42 (the "Vacant Residential Property 42") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Vacant Residential Property 42 was acquired by the Agency in February 1994, and carries a Book Value of$10,150. The Vacant Residential Property 42 was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value(the"ECV") of the Vacant Residential Property 42 is approximately $16,400. C. Site Information (HSC k 34191.5(c)(1)(C)): The Vacant Residential Property 42 consists of one (1) 0.11-acre parcel (APN 0144-131-36) located at southeast corner of"J" Street and 17th Street. The Vacant Residential Property 42 is zoned Residential Suburban (RS). The RS designation is intended to promote the development of single-family detached units in a suburban setting with a minimum lot size of 7,200 square feet, and a maximum density of 4.5 units per net acre. D. Estimated Current Value(HSC k 34191.5(c)(1)(D)): To determine an ECV for the Vacant Residential Property 42, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately $16,400. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Residential Property 42. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination." 35 http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&myaddress=J+St+and+17th+St+San+Bernardino 151 V.Property to be Sold Site No. 30- Vacant N. `J"Street Residential Property#2 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 30: Vacant N. "J"Street Residential Property#2 G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Residential Property 42. Selling the Vacant Residential Property 42 to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Residential Property 42. L Disposition ofPropertV: The Successor Agency proposes to sell the Vacant Residential Property 42 in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Residential Property 42 is approximately $16,400. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$16,400. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 152 V.Property to be Sold Site No. 30- Vacant N. `J"Street Residential Property#2 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 30: Vacant N. "J"Street Residential Property#2 J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 153 V.Property to be Sold Site No. 30- Vacant N. `J"Street Residential Property#2 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 31: Vacant W. I7'h Street Residential Property Address: W. 17th Street APN.• 0144-123-46 `o�"WO _ 154 V.Property to be Sold Site No.31- Vacant W 17"Street Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 31: Vacant W. 17`h Street Residential Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 31 is the Vacant W. 17th Street Residential Property (the "Vacant Residential Property") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Vacant Residential Property was acquired by the Agency in June 1994, and carries a Book Value of$12,000. The Vacant Residential Property was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value(the"ECV")of the Vacant Residential Property is approximately $16,400. C. Site Information (HSC.$34191.5(c)(1)(C)): The Vacant Residential Property consists of one (1) 0.11-acre parcel(APN 0144-123-46)located at southwest corner of"J"Street and 17th Street. The Vacant Residential Property is zoned Residential Suburban (RS). The RS designation is intended to promote the development of single-family detached units in a suburban setting with a minimum lot size of 7,200 square feet, and a maximum density of 4.5 units per net acre. D. Estimated Current Value(HSC,$34191.5(c)(1)(D)): To determine an ECV for the Vacant Residential Property,in January 2015,the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$16,400. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Residential Property. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.36 36 http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&myaddress=J+St+and+17th+St+San+Bernardino 155 V.Property to be Sold Site No.31- Vacant W 17"Street Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 31: Vacant W. I7'h Street Residential Property G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Residential Property. Selling the Vacant Residential Property to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Residential property. L Disposition ofPropertV: The Successor Agency proposes to sell the Vacant Residential Property in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Residential Property is approximately $16,400. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$16,400. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 156 V.Property to be Sold Site No.31- Vacant W 17"Street Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 31: Vacant W. I7'h Street Residential Property J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 157 V.Property to be Sold Site No.31- Vacant W 17"Street Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 32: Vacant N. Harris Street Residential Property Address: N.Harris Street APN.• 0144-131-21 r t� - 158 V.Property to be Sold Site No.32-Vacant N.Harris Street Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 32: Vacant N. Harris Street Residential Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 32 is the Vacant N.Harris Street Residential Property(the "Vacant Residential Property") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Vacant Residential Property was acquired by the Agency in February 1994,and carries a Book Value of$7,500. The Vacant Residential Property was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value (the "ECV")of the Vacant Residential Property is approximately $16,400. C. Site Information (HSC.$34191.5(c)(1)(C)): The Vacant Residential Property consists of one (1) 0.11-acre parcel(APN 0144-131-21)located at northwest corner of Harris Street and 16th Street. The Vacant Residential Property is zoned Residential Suburban(RS). The RS designation is intended to promote the development of single- family detached units in a suburban setting with a minimum lot size of 7,200 square feet, and a maximum density of 4.5 units per net acre. D. Estimated Current Value(HSC,$34191.5(c)(1)(D)): To determine an ECV for the Vacant Residential Property,in January 2015,the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$16,400. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Residential Property. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.37 37 http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&myaddress=J+St+and+17th+St+San+Bernardino 159 V.Property to be Sold Site No. 32- Vacant N.Harris Street Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 32: Vacant N. Harris Street Residential Property G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Residential Property. Selling the Vacant Residential Property to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Residential Property. L Disposition ofPropertV: The Successor Agency proposes to sell the Vacant Residential Property in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Residential Property is approximately $16,400. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$16,400. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 160 V.Property to be Sold Site No. 32- Vacant N.Harris Street Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 32: Vacant N. Harris Street Residential Property J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 161 V.Property to be Sold Site No. 32- Vacant N.Harris Street Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 33: Vacant Union Street Residential Property Address: 1348 Union Street API: 0139-231-34 • .`.•l tea. rte---- _ 162 V.Property to be Sold Site No.33-Vacant Union Street Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 33: Vacant Union Street Residential Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 33 is the Vacant Union Street Residential Property (the "Vacant Residential Property") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Vacant Residential Property was acquired by the Agency in January 2010,and carries a Book Value of$20,550. The Vacant Residential Property was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value (the "ECV")of the Vacant Residential Property is approximately $55,000. C. Site Information (HSC.$34191.5(c)(1)(C)): The Vacant Residential Property consists of one (1) 0.16-acre parcel(APN 0139-231-34)located at 1348 W. Union Street. The Vacant Residential Property is zoned Residential Suburban (RS). The RS designation is intended to promote the development of single-family detached units in a suburban setting with a minimum lot size of 7,200 square feet,and a maximum density of 4.5 units per net acre. D. Estimated Current Value(HSC,$34191.5(c)(1)(D)): To determine an ECV for the Vacant Residential Property,in January 2015,the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$55,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Residential Property. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.38 38 http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&myaddress=1348+W+Union+St+San+Bernardino 163 V.Property to be Sold Site No.33- Vacant Union Street Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 33: Vacant Union Street Residential Property G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Residential Property. Selling the Vacant Residential Property to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Residential Property. L Disposition ofPropertV: The Successor Agency proposes to sell the Vacant Residential Property in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Residential Property is approximately $55,000. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$55,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 164 V.Property to be Sold Site No.33- Vacant Union Street Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 33: Vacant Union Street Residential Property J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 165 V.Property to be Sold Site No.33- Vacant Union Street Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 34: Vacant N. Crescent Avenue Residential Property Address: 673 N. Crescent Avenue APN.• 0134-014-10 :. r Ze 166 V.Property to be Sold Site No.34-Vacant N. Crescent Avenue Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 34: Vacant N. Crescent Avenue Residential Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 34 is the Vacant N. Crescent Avenue Residential Property (the "Vacant Residential Property") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Vacant Residential Property was acquired by the Agency in November 2004 and carries a Book Value of$0.00. The Vacant Residential Property was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value (the "ECV")of the Vacant Residential Property is approximately $8,500. C. Site Information (HSC k 34191.5(c)(1)(C)): The Vacant Residential Property consists of one (1) 0.08-acre parcel (APN 0134-014-10) located at 673 Crescent Avenue. The Vacant Residential Property is zoned Residential Medium (RM). The RM designation is intended to promote the development of single-family detached units in a suburban setting with a minimum lot size of 7,200 square feet,and a maximum density of 4.5 units per net acre. D. Estimated Current Value(HSC,$34191.5(c)(1)(D)): To determine an ECV for the Vacant Residential Property,in January 2015,the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$8,500. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Residential Property. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.39 39 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=673+w+crescent+san+bernardino 167 V.Property to be Sold Site No.34- Vacant N. Crescent Avenue Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 34: Vacant N. Crescent Avenue Residential Property G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Residential Property. Selling the Vacant Residential Property to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Residential Property. L Disposition ofPropertV: The Successor Agency proposes to sell the Vacant Residential Property in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Residential Property is approximately $8,500. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$8,500. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subj ect to Oversight Board approval. There is no reason to think that book values will be realized. 168 V.Property to be Sold Site No.34- Vacant N. Crescent Avenue Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 34: Vacant N. Crescent Avenue Residential Property J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 169 V.Property to be Sold Site No.34- Vacant N. Crescent Avenue Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 35: Vacant N. "D"Street Residential Property#1 Address: 1238 N. "D"Street APN.• 0145-242-32 Vii- ��• {' r� ,.` � �- ~+ - LD r� 170 V.Property to be Sold Site No.35-Vacant N. `D"Street Residential Property#1 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 35: Vacant N. "D"Street Residential Property#1 A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 35 is the Vacant N. "D" Street Residential Property 41 (the "Vacant Residential Property 4 F) and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Vacant Residential Property 41 was acquired by the Agency in December 1992, and carries a Book Value of$16,500. The Vacant Residential Property 41 was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value(the"ECV") of the Vacant Residential Property 41 is approximately $18,000. C. Site Information (HSC k 34191.5(c)(1)(C)): The Vacant Residential Property 41 consists of one (1) 0.18-acre parcel (APN 0145-242-32) located at 1238 N. "D" Street. The Vacant Residential Property 41 is zoned Residential Medium (RM). The RM designation is intended to promote the development of single-family detached units in a suburban setting with a minimum lot size of 7,200 square feet, and a maximum density of 4.5 units per net acre. D. Estimated Current Value(HSC k 34191.5(c)(1)(D)): To determine an ECV for the Vacant Residential Property 41, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately $18,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Residential Property 41. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.40 m http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&myaddress=1238+n+d+st+san+bernardino 171 V.Property to be Sold Site No.35- Vacant N. "D"Street Residential Property#1 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 35: Vacant N. "D"Street Residential Property#1 G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Residential Property 41. Selling the Vacant Residential Property 41 to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Residential Property 41. L Disposition ofPropertV: The Successor Agency proposes to sell the Vacant Residential Property 41 in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Residential Property 41 is approximately $18,000. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$18,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 172 V.Property to be Sold Site No.35- Vacant N. "D"Street Residential Property#1 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 35: Vacant N. "D"Street Residential Property#1 J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 173 V.Property to be Sold Site No.35- Vacant N. "D"Street Residential Property#1 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 36: Vacant N. "D"Street Residential Property#2 Address: N. "D"Street APN.• 0145-242-33 j' Baseline Road y � .Lr1� �s t ,� r •R� . �jn . 174 V.Property to be Sold Site No.36-Vacant N. `D"Street Residential Property#2 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 36: Vacant N. "D"Street Residential Property#2 A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 36 is the Vacant N. "D" Street Residential Property 42 (the "Vacant Residential Property 42") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Vacant Residential Property 42 was acquired by the Agency in December 1992, and carries a Book Value of$16,500. The Vacant Residential Property 42 was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value(the"ECV") of the Vacant Residential Property 42 is approximately $18,000. C. Site Information (HSC k 34191.5(c)(1)(C)): The Vacant Residential Property 42 consists of one (1) 0.15-acre parcel (APN 0145-242-33) located on N. "D"Street,approximately 300 feet north of Base Line Street. The Vacant Residential Property 42 is zoned Residential Medium (RM). The RM designation is intended to promote the development of single-family detached units in a suburban setting with a minimum lot size of 7,200 square feet, and a maximum density of 4.5 units per net acre. D. Estimated Current Value(HSC k 34191.5(c)(1)(D)): To determine an ECV for the Vacant Residential Property 42, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately $18,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Residential Property 42. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.41 41 http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&myaddress=1238+n+d+st+san+bernardino 175 V.Property to be Sold Site No.36- Vacant N. "D"Street Residential Property#2 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 36: Vacant N. "D"Street Residential Property#2 G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Residential Property 42. Selling the Vacant Residential Property 42 to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Residential Property 42. L Disposition ofPropertV: The Successor Agency proposes to sell the Vacant Residential Property 42 in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Residential Property 42 is approximately $18000. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$18,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 176 V.Property to be Sold Site No.36- Vacant N. "D"Street Residential Property#2 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 36: Vacant N. "D"Street Residential Property#2 J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 177 V.Property to be Sold Site No.36- Vacant N. "D"Street Residential Property#2 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 37: Vacant Wall Avenue Residential Property Address: 1256 Wall Avenue APN.• 0146-241-07 -Iff s' } 178 V.Property to be Sold Site No.37-Vacant Wall Avenue Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 37: Vacant Wall Avenue Residential Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 37 is the Vacant Wall Avenue Residential Property (the "Vacant Residential Property") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5 0(1)(B)): Property records indicate that the Vacant Residential Property was acquired by the Agency in January 2010, and carries a Book Value of$5,450. The Vacant Residential Property was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value (the "ECV")of the Vacant Residential Property is approximately $117,000. C. Site Information (HSC k 34191.5(c)(1)(C)): The Vacant Residential Property consists of one (1) 0.17-acre parcel (APN 0146-241-07) located at 1256 Wall Avenue. The Vacant Residential Property is zoned Residential Medium (RM). The RM designation is intended to promote the development of single-family detached units in a suburban setting with a minimum lot size of 7,200 square feet,and a maximum density of 4.5 units per net acre. D. Estimated Current Value(HSC,$34191.5(c)(1)(D)): To determine an ECV for the Vacant Residential Property,in January 2015,the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$117,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Residential Property. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.42 42 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=1256+w+wall+av+san+bernardino 179 V.Property to be Sold Site No.37- Vacant Wall Avenue Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 37: Vacant Wall Avenue Residential Property G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Residential Property. Selling the Vacant Residential Property to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Residential Property. L Disposition ofPropertV: The Successor Agency proposes to sell the Vacant Residential Property in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Residential Property is approximately $117,000. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately $117,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 180 V.Property to be Sold Site No.37- Vacant Wall Avenue Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 37: Vacant Wall Avenue Residential Property J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 181 V.Property to be Sold Site No.37- Vacant Wall Avenue Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 38: Vacant N. Del Rosa Avenue Residential Property Address: N.Del Rosa Avenue APN.• 0155-101-08 [ S G f f° x 2 182 V.Property to be Sold Site No.38-Vacant N.Del Rosa Avenue Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 38: Vacant N. Del Rosa Avenue Residential Property A. Permissible Use(HSCk 34191.5 (c)(2)): Site No. 38 is the Vacant N. Del Rosa Avenue Residential Property(the"Vacant Residential Property") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC.$34191.5(c)(1)(A) and.$34191.5(c)(1)(B)): Property records indicate that the Vacant Residential Property was acquired by the Agency in 1991, and carries a Book Value of$87,725. The Vacant Residential Property was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value (the "ECV") of the Vacant Residential Property 41 is approximately$95,000. C. Site Information (HSC.$34191.5(c)(1)(C)): The Vacant Residential Property consists of one (1) 0.92-acre parcel(APN 0155-101-08)located at on N. Del Rosa Avenue, approximately 520 feet south of Eureka Street. The Vacant Residential Property is zoned Residential Medium (RM). The RM designation is intended to promote the development of single-family detached units in a suburban setting with a minimum lot size of 7,200 square feet, and a maximum density of 4.5 units per net acre. D. Estimated Current Value(HSC,$34191.5(c)(1)(D)): To determine an ECV for the Vacant Residential Property, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$95,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore, the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations,as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC.$34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Residential Property. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.43 43 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=del+rosa+and+eureeka++san+bernardino 183 V.Property to be Sold Site No.38- Vacant N.Del Rosa Avenue Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 38: Vacant N. Del Rosa Avenue Residential Property G. Potential for Transit Oriented Development(TOD) and the Advancement of Planning Obiectives of the Successor Agency(HSC k 34191.5(c)(1)(01: There is no potential for a TOD in conjunction with Vacant Residential Property. Selling the Vacant Residential Property to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC S 34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Residential Property. L Disposition of Property: The Successor Agency proposes to sell the Vacant Residential Property in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit"A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Residential is approximately $95,000. Date of estimated current value—January 2015 Value Basis— The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately $95,000. Local factors that may affect land value were not taken into consideration. Therefore, the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date — TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value—TBD and subj ect to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 184 V.Property to be Sold Site No.38- Vacant N.Del Rosa Avenue Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 38: Vacant N. Del Rosa Avenue Residential Property J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF,the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and,per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known,how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time,then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow,then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur,or when the property will be sold,the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However, it is clear that at the time a sale takes place, the sale will be brought back to the Oversight Board and will be subject to review. 185 V.Property to be Sold Site No.38- Vacant N.Del Rosa Avenue Residential Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 39: Vacant E. Santa Fe Street Industrial Property Address: 686 E. Santa Fe Street APN.• 0280-062-07 �a 0 - - !• r: 'E 186 V.Property to be Sold Site No.39- Vacant E.Santa Fe Street Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 39: Vacant E. Santa Fe Street Industrial Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 39 is the Vacant E. Santa Fe Street Industrial Property (the "Vacant Industrial Property") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Vacant Industrial Property was acquired by the Agency in January 2010, and carries a Book Value of$5,150. The Vacant Industrial Property was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value(the"ECV")of the Vacant Industrial Property is approximately$29,000. C. Site Information (HSC k 34191.5(c)(1)(C)): The Vacant Industrial Property consists of one (1) 0.23-acre parcel (APN 0280-062-07) located at 686 E. Santa Fe Street. The Vacant Industrial Property is zoned Industrial Light (IL). The IL designation is intended to retain,enhance and intensify existing industrial property,and provide for the new development of lighter industrial uses along major vehicular, rail, and air transportation routes serving the City. D. Estimated Current Value(HSC$34191.5 0(1)(D)): To determine an ECV for the Vacant Industrial Property, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$29,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC$34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Industrial Property. E History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.44 as http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=686+E.+Santa+Fe+Street%2C+San+Bernardino 187 V.Property to be Sold Site No.39- Vacant E.Santa Fe Street Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 39: Vacant E. Santa Fe Street Industrial Property G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Industrial Property. Selling the Vacant Industrial Property to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Industrial Property. L Disposition of Property: The Successor Agency proposes to sell the Vacant Industrial Property in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Industrial Property is approximately$29,000. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$29,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 188 V.Property to be Sold Site No.39- Vacant E.Santa Fe Street Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 39: Vacant E. Santa Fe Street Industrial Property J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 189 V.Property to be Sold Site No.39- Vacant E.Santa Fe Street Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 40: Vacant S. Foisy Street Industrial Property Address: 904 S.Foisy Street APN.• 0280-131-23 AE 190 V.Property to be Sold Site No.40-Vacant S.Foisy Street Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 40: Vacant S. Foisy Street Industrial Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 40 is the Vacant S. Foisy Street Industrial Property(the "Vacant Industrial Property")and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Vacant Industrial Property was acquired by the Agency in January 2010, and carries a Book Value of$9,845. The Vacant Industrial Property was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value(the"ECV")of the Vacant Industrial Property is approximately$82,000. C. Site Information (HSC k 34191.5(c)(1)(C)): The Vacant Industrial Property consists of one (1) 0.66-acre parcel (APN 0280-131-23) located at 904 S. Foisy Street. The Vacant Industrial Property is zoned Industrial Light (IL). The IL designation is intended to retain,enhance and intensify existing industrial property,and provide for the new development of lighter industrial uses along major vehicular, rail, and air transportation routes serving the City. D. Estimated Current Value(HSC S 34191.5(c)(1)(D)): To determine an ECV for the Vacant Industrial Property, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$82,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Industrial Property. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.41 45 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=904+s+foisv+san+bernardino 191 V.Property to be Sold Site No.40-Vacant S.Foisy Street Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 40: Vacant S. Foisy Street Industrial Property G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Industrial Property. Selling the Vacant Industrial Property to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Industrial Property. L Disposition of Property: The Successor Agency proposes to sell the Vacant Industrial Property in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Industrial Property is approximately$82,000. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$82,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 192 V.Property to be Sold Site No.40-Vacant S.Foisy Street Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 40: Vacant S. Foisy Street Industrial Property J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 193 V.Property to be Sold Site No.40-Vacant S.Foisy Street Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 41: Vacant S. Washington Avenue Industrial Property Address: 882 S. Washington Avenue APN.• 0136-461-09 6 �• �N 194 V.Property to be Sold Site No.41- Vacant S. Washington Avenue Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 41: Vacant S. Washington Avenue Industrial Property A. Permissible Use(HSC k 34191.5(c)(2)): Site No. 41 is the Vacant S. Washington Avenue Industrial Property (the "Vacant Industrial Property") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Vacant Industrial Property was acquired by the Agency in May 2011, and carries a Book Value of$21,030. The Vacant Industrial Property was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value(the"ECV")of the Vacant Industrial Property is approximately$72,000. C. Site Information (HSC k 34191.5(c)(1)(C)): The Vacant Industrial Property consists of one (1) 0.58-acre parcel (APN 0136-461-09) located at 882 S.Washington Avenue. The Vacant Industrial Property is zoned Industrial Light(IL). The IL designation is intended to retain,enhance and intensify existing industrial property,and provide for the new development of lighter industrial uses along major vehicular, rail, and air transportation routes serving the City. D. Estimated Current Value(HSC S 34191.5(c)(1)(M)): To determine an ECV for the Vacant Industrial Property, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$72,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Industrial Property. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.46 as http1/geotracker.waterboards.ca.gov/map/?CMD=runreport&myaddress=882+s+washington+av+san+bernardino 195 V.Property to be Sold Site No.41- Vacant S. Washington Avenue Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 41: Vacant S. Washington Avenue Industrial Property G. Potential for Transit Oriented Development(TOD)and the Advancement of Plannin,-Obiectives of the Successor Amency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Industrial Property. Selling the Vacant Industrial Property to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Industrial Property. L Disposition of Property: The Successor Agency proposes to sell the Vacant Industrial Property in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Vacant Industrial Property is approximately$72,000. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$72,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 196 V.Property to be Sold Site No.41- Vacant S. Washington Avenue Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 41: Vacant S. Washington Avenue Industrial Property J. Implementation of the Loner-Ranke Property Mana,-ement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 197 V.Property to be Sold Site No.41- Vacant S. Washington Avenue Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 42: Vacant N. Mt. Vernon Avenue Commercial Property Address: 757 N.Mt. Vernon Avenue 761 N.Mt. Vernon Avenue APN: 0139-291-60 0139-291-61 V ttv ' • . Ak �X it :... ._ ~••� P 9-7 198 V.Property to be Sold Site No.42-Vacant N.Mt. Vernon Avenue Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 42: Vacant N. Mt. Vernon Avenue Commercial Property A. Permissible Use(HSC k 34191.5 (c)(2)): Site No. 42 is the Vacant N. Mt. Vernon Avenue Commercial Property (the "Vacant Commercial Property") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Vacant Commercial Property was acquired by the Agency in January 2006, and carries a Book Value of $84,885. The Vacant Commercial Property was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value(the"ECV") of the Vacant Commercial Property is approximately $252,000. C. Site Information (HSC k 34191.5(c)(1)(C)): The Vacant Commercial Property consists of two (2)parcels (APN 0139-291-60, -61)totaling 0.73 acres and located at 757 and 761 N. Mt. Vernon Avenue. The Vacant Commercial Property is zoned Commercial General (CG-3)in the 1992-Paseo Las Placitas Specific Plan (the "1992-SP"). The purpose of the CG-3 zone is to allow for local and regional serving retail, personal service, entertainment, office, and related commercial uses. D. Estimated Current Value(HSC,$34191.5(c)(1)(D)): To determine an ECV for the Vacant Commercial Property,in January 2015,the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$252,000.. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC k 34191.5(c)(1)(E)): There are no site revenues generated from the Vacant Commercial Property. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.47 47 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=761+n+mt+vernon+san+bernardino 199 V.Property to be Sold Site No.42- Vacant N.Mt. Vernon Avenue Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 42: Vacant N. Mt. Vernon Avenue Commercial Property G. Potential for Transit Oriented Development(TOD)and the Advancement of Planning Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Vacant Commercial Property. Selling the Vacant Commercial Property to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Vacant Commercial Property. L Disposition of Property: It is proposed to sell the Vacant Commercial Property in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit"A" Section L Purchase and Sale Procedures. The ECV of the Vacant Industrial Property is approximately $252,000. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately $252,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 200 V.Property to be Sold Site No.42- Vacant N.Mt. Vernon Avenue Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 42: Vacant N. Mt. Vernon Avenue Commercial Property J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 201 V.Property to be Sold Site No.42- Vacant N.Mt. Vernon Avenue Commercial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 43: N. "E"Street Unoccupied Restaurant Building Address: 385 N. "E" APN• Street 0134-241-64 VL II r • a `__-i - 202 V.Property to be Sold Site No.43-N. "E"Street Unoccupied Restaurant Building Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 43: N. "E"Street Unoccupied Restaurant Building A. Permissible Use(HSC.$34191.5(c)(2)): Site No. 43 is the N. "E" Street Unoccupied Restaurant Building (the "Restaurant Building") and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC$34191.5(c)(1)(A) and k 34191.5(c)(1)(B)): Property records indicate that the Restaurant Building was acquired by the Agency on September 10, 2010, and carries a Book Value of$74,417. The Restaurant Building was acquired in order to meet the revitalization goals of the City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value(the"ECV")of the Restaurant Building is approximately$88,000. C. Site Information (HSC.$34191.5(c)(1)(C)): The Restaurant Building consists of one (1) 0.06-acre parcel(APN 0134-241-64)located at 385 N. "E" Street. The Restaurant Building contains a 2,325 sf masonry building constructed in the 1930's. The Restaurant Building is zoned Commercial Regional-Downtown (CR-2) in the City's General Plan. The purpose of the CR-2 zone is to permit a diversity of regional-serving uses in the Downtown area including local, county, and state governmental/administrative uses, professional offices, cultural/historical and entertainment uses, convention facilities, hotels/motels, financial establishments, restaurants, supporting retail and services, educational institutions, public open spaces, and residential and senior housing. The Restaurant Building is located within the City's "E" Street Strategic Area. "E" Street is a significant north-south roadway located in the central portion of the City. "E" Street connects Downtown to Baseline,Highland,and to the 30 freeway on the northern end,and Hospitality Lane to the south. "E" Street currently has the greatest number of transit trips in the Omnitrans system, which makes it an ideal candidate for development. D. Estimated Current Value(HSC S 34191.5(c)(1)(D)): To determine an ECV for the Restaurant Building, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$88,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions 203 V.Property to be Sold Site No. 43-N. `E"Street Unoccupied Restaurant Building Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 43: N. "E"Street Unoccupied Restaurant Building will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC.$34191.5(c)(1)(E)): There are no site revenues generated from the Restaurant Building. F. History ofEnvironmental Contamination (HSC$34191.5(c)(1)(F)): There is no known history of environmental contamination.48 G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninz Obiectives of the Successor Amency(HSC.$34191.5(c)(1)(G)): The Restaurant Building is located approximately two blocks north of the Downtown San Bernardino Transit Oriented Development (TOD) Area. The TOD is centered at the 12-acre San Bernardino Intermodal Transit Center(Transit Center). The Transit Center will integrate local and regional transportation systems including the west terminus station for the Redlands Corridor transit service, Metrolink, sbX E Street Bus Rapid Transit (BRT), and local Omnitrans buses. Bicycles and pedestrians will access the station via planned and proposed city bike and pedestrian pathways. The Transit Center will be a major regional transit hub and in the future, the Transit Center could include inter-regional transportation systems such as California High Speed Rail and transit connections to the San Bernardino International Airport. Within a ''/2-mile radius,the TOD Area surrounding the Transit Center encompasses a major portion of Downtown San Bernardino. Selling the Restaurant Building to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC S 34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Restaurant Building. 1. Disposition of Property: The Successor Agency proposes to sell the Restaurant Building in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section I. Purchase and Sale Procedures. The ECV of the Restaurant Building is approximately$88,000. Date of estimated current value—January 2015 Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately$88,000. 48 http1/geotrackermaterboards.ca.gov/map/?CMD=runreport&myaddress=385+n+E+st+san+bernardino 204 V.Property to be Sold Site No. 43-N. `E"Street Unoccupied Restaurant Building Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 43: N. "E"Street Unoccupied Restaurant Building Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. J. Implementation of the Loner-Ranke Property Mana,-ement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 205 V.Property to be Sold Site No. 43-N. `E"Street Unoccupied Restaurant Building Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 44: E. Cooley Avenue Parking Lot Address: E. Cooley Avenue APNs: 0281-031-51 0281-041-41 �- -: - s e - - 206 V.Property to be Sold Site No.44—E. Cooley Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 44: E. Cooley Avenue Parking Lot A. Permissible Use(HSC.$34191.5(c)(2)): Site No. 44 is the E. Cooley Avenue Parking Lot(the "Parking Lot")and is proposed to be sold by the Successor Agency. B. Acquisition of Property(HSC k 34191.5(c)(1)(A) anilk 34191.5 0(1)(B)): Property records indicate that the Parking Lot was acquired by the Agency in several separate transactions and carries a total Book Value of$437,337. The following table details the property records: Acquisition Details of Parking Lot APN Acquisition Book Original APNs as Historical Background Date Value Acquired by Agency 0281-031-51 0281-031-01 September 1978 $437,337 0281-031-19 Eminent domain action 0281-041-41 0281-031-30 0281-041-17 The Parking Lot was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value (the "ECV") of the Parking Lot is $310,000. C. Site Information (HSC S 34191.5(c)(1)(0): The Parking Lot consists of two (2)parcels (APNs 0281-031-51; 0281-041-41)totaling 4.25 acres located on E. Cooley Avenue. The Parking Lot is zoned Industrial Heavy(IH). The IH designation is intended for a variety of intense industrial activities that could potentially generate significant impacts, such as excessive noise, dust, and other nuisances, such as rail yards and multi-modal transportation centers. This zone is also intended to provide for the continuation and development of heavy manufacturing industries in locations where they will be compatible with and not adversely impact adjacent land uses. On April 3, 2013,DOF approved Oversight Board adopted Resolution No. SBOB/2012-20,which authorized the Successor Agency to, among other things, recover the Property from the San Bernardino Economic Development Corporation (the "SBEDC") and to grant a real property easement with respect to a portion of the Property to the SBEDC (see Exhibit "J" — DOF Correspondence). The Successor Agency intends to grant the easement prior to the disposition of the Property. D. Estimated Current Value(HSC S 34191.5(c)(1)(D)): To determine an ECV for the Parking Lot, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately $310,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that 207 V.Property to be Sold Site No.44—E. Cooley Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 44: E. Cooley Avenue Parking Lot was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. E. Site Revenues(HSC.$34191.5(c)(1)(E)): There are no site revenues generated from the Parking Lot. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.49 G. Potential for Transit Oriented Development(TOD)and the Advancement ofPlanninz Obiectives of the Successor Amency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Parking Lot. Selling the Parking Lot to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC$34191.5(c)(1)(H)): In September of 1989, a Disposition and Development Agreement and Lease and Option to Purchase (the "Agreement") was approved between the Agency and Rockwell International ("Rockwell")for their operation on Cooley Avenue. The Agreement called for the Agency-owned parcels (APNs 0281-031-51; 0281-041-41)to be improved as a parking lot and made available to Rockwell for parking. Operations at Rockwell ceased in 1997 and since then,the Parking Lot has had two(2)development proposals from two different developers to combine APN 02812-041-41 with other property for development;neither came to fruition. L Disposition of Property: The Successor Agency proposes to sell the Parking Lot in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit"A" Section L Purchase and Sale Procedures. The ECV of the Parking Lot is approximately $310,000. Date of estimated current value—January 2015 49 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=Coolev+Ave+and+Coolev+Ct+San+Bernardino 208 V.Property to be Sold Site No.44—E. Cooley Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 44: E. Cooley Avenue Parking Lot Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately $310,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. J. Implementation of the Loner-Ranze Property Manazement Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF 209 V.Property to be Sold Site No.44—E. Cooley Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 44: E. Cooley Avenue Parking Lot may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 210 V.Property to be Sold Site No.44—E. Cooley Parking Lot Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 45: E. Cooley Avenue Industrial Property Address: E. Cooley Avenue APNs: 0281-021-30 0281-031-52 A . • :x 211 V.Property to Sold Site No.45—E. Cooley Avenue Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 45: E. Cooley Avenue Industrial Property A. Permissible Use(HSC$34191.5(c)(2)): Site No. 45 is the Cooley Avenue Industrial Property(the "Industrial Property")and is proposed to be sold by the Successor Agency. B. Acquisition ofProperty(HSC.$34191.5(c)(1)(A) and.$34191.5(c)(1)(B)): Property records indicate that the Industrial Property was acquired by the Agency in August 1992, in a condemnation action, and carries a Book Value of $69,761. The Industrial Property was acquired by the Agency in order to meet the revitalization goals of City and the Agency to alleviate the existence and spread of physical and economic blight. The estimated current value(the"ECV") of the Industrial Property is approximately $372,000. C. Site Information (HSC$34191.5(c)(1)(0): The Industrial Property consists of two(2)parcels(APNs 0281-021-30;0281-031-52)totaling 6.31 acres located on E. Cooley Avenue. The Industrial Property is zoned Industrial Heavy (IH). The IH designation is intended for a variety of intense industrial activities that could potentially generate significant impacts,such as excessive noise,dust,and other nuisances,such as rail yards and multi- modal transportation centers. This zone is also intended to provide for the continuation and development of heavy manufacturing industries in locations where they will be compatible with and not adversely impact adjacent land uses. On April 3, 2013,DOF approved Oversight Board adopted Resolution No. SBOB/2012-20,which authorized the Successor Agency to, among other things, recover the Property from the San Bernardino Economic Development Corporation (the "SBEDC") and to grant a real property easement with respect to a portion of the Property to the SBEDC (see Exhibit "J" — DOF Correspondence). The Successor Agency intends to grant the easement prior to the disposition of the Property. D. Estimated Current Value(HSC$34191.5(c)(1)(D)): To determine an ECV for the Industrial Property, in January 2015, the Agency conducted a comparable sales analysis through the National Data Collective. The ECV was determined to be approximately$372,000. Local factors were not taken into consideration in determining the ECV of this site. Therefore,the actual value of the property may vary significantly from the ECV. The ECV is only a rough estimate planning number and should not be relied upon as a basis for actual value. The real value of the property cannot be determined without an appraisal. The ECV is only a rough estimate that was obtained from an on-line source where only comparable sales data are available. It is not possible to include environmental issues or any other special or unique factors into simple ECV calculations, as such data are not available from the source. The Successor Agency notes that in the environment of AB 1484, it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties,and will act with reasonable diligence. However,the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. 212 V.Property to Sold Site No. 45—E. Cooley Avenue Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 45: E. Cooley Avenue Industrial Property E. Site Revenues (HSC.$34191.5(c)(1)(E)): On November 1, 1997, the Agency (the "Lessor") entered into a Lease and Option to Purchase Agreement(the"1997-Lease")with ABC Rail,Corp. (the"Lessee")to lease the Industrial Property (the "Site") (a 6.31-acre parking lot adjacent to Lessee's facilities on Cooley Court). The basics terms of the 1997-Lease are as follows: (i) one (1) eight (8) year term, with two (2) successive options to extend the term for five (5) year periods; October 31, 2015 is the end of the 2nd option period; (ii) rent is collected on a monthly basis in the amount of$2,900, for an annual total of $34,800; (iii) Lessee responsibilities: (a) use the Site in a careful and proper manner; (b)maintain the Site and improvements thereon, and make all replacements and repairs necessary, except for ordinary wear and tear; (c)pay for all utilities used or supplied to the Site; (d) keep the Site clear of all mechanic liens;(e)pay all real and personal property taxes,including those on the possessory and reversionary interest; and (f) refrain from charging for the use of the Site; (iv) Lessor responsibilities: (a) grant the Lessee an option to purchase the Site at any time Lessee may elect, but before the termination of the 1997-Lease, if the Lessee has exercised its option to purchase the property whereon its facilities are located and the adjoining leased property (leased separately by Lessee)and(b)allow the Lessee to hold-over after the expiration of the 1997-Lease,for any cause, and shall be construed to be a tenancy from month-to-month. As of the date of this LRPMP,the Lessee has determined not pursue its option to purchase the site. Instead,the Lessee has requested a lease extension,which is currently under consideration. F. History ofEnvironmental Contamination (HSC.$34191.5(c)(1)(F)): There is no known history of environmental contamination.so G. Potential for Transit Oriented Development(TOD)and the Advancement ofHanninp Obiectives of the Successor Agency(HSC.$34191.5(c)(1)(G)): There is no potential for a TOD in conjunction with Industrial Property. Selling the Industrial Property to the City of San Bernardino advances the planning objectives of the Successor Agency and the City to develop and revitalize this area of the community through the creation of opportunities for private investment in the City. H. History of Previous Development Proposals and Activity(HSC S 34191.5(c)(1)(H)): There is no history of previous development proposals or activities in conjunction with the Industrial Property. L Disposition of Property: The Successor Agency proposes to sell the Industrial Property in accordance with the Successor Agency's policies and procedures for property disposition as shown in Exhibit "A" Section 1. Purchase and Sale Procedures. The ECV of the Industrial Property is approximately $372,000. Date of estimated current value—January 2015 50 http://Qeotracker.waterboards.ca.gov/map/?CMD=runreport&mvaddress=Coolev+Ave+and+Coolev+Ct+San+Bernardino 213 V.Propertyto Sold Site No. 45—E. Cooley Avenue Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 45: E. Cooley Avenue Industrial Property Value Basis — The ECV was determined by a comparable sales analysis using the National Data Collective subscription service. The ECV is approximately $372,000. Local factors that may affect land value were not taken into consideration. Therefore,the actual value of the property may vary greatly from the ECV. The ECV is only a planning number and should not be relied upon as a basis for actual value. Proposed sale date—TBD and subject to the Successor Agency's implementation of its policies and procedures for property disposition as shown in Exhibit"A." Proposed sale value — TBD and subject to a fair market appraisal conducted by a licensed appraiser. The Successor Agency notes that in the environment of AB 1484,it may not be possible to achieve appraised values. The Successor Agency will be in charge of the process seeking to achieve successful marketing of properties, and will act with reasonable diligence. However, the constraints and environment of AB 1484 militate against maximizing prices. The actual sales prices to be realized will be a function of what a willing buyer is willing to pay under circumstances where there will be no seller financing and dispositions will be subject to Oversight Board approval. There is no reason to think that book values will be realized. J. Implementation of the Long-Range Property Management Plan: Following the approval of the LRPMP by the DOF, the Successor Agency will implement the LRPMP. For properties to be sold, implementation will include distribution of any land sales proceeds for enforceable obligations and/or distributed as property tax to the taxing entities. Due to the vagaries associated with the sale of land, such as uncertainties concerning the timing of sale and the price that would be realized,it is not feasible to precisely state in the LRPMP how the funds will be used. In that regard,once an agreement is reached with respect to the purchase and sale of a property,the agreement will be presented to the Oversight Board for concurrence. The Oversight Board's approval will be evidenced by a resolution that will be submitted to DOF and, per the HSC, is subject to DOF's review. That resolution will include or refer to a staff report which describes with greater particularity, once more facts are known, how the proceeds of sale will be distributed. As noted in Section I—Introduction of the LRPMP,the LRPMP provides that proceeds of the sale may be used for enforceable obligations and/or distributed as property tax to the taxing entities through the County Auditor-Controller. The need to retain some or all of the proceeds of sale for enforceable obligations will depend on whether there is a short-fall in RPTTF in the ROPS cycle during which the escrow is anticipated to close. If a short-fall were to occur in the RPTTF at that time, then all or a portion of the sale proceeds should be used to fulfill an enforceable obligation with any remaining sale proceeds then distributed as property tax to the taxing entities through the County Auditor-Controller. If there is not a short-fall in RPTTF at the time of close of escrow, then land sale proceeds would be distributed as property tax to the taxing entities through the County Auditor-Controller in a manner described at the time of Oversight Board approval as to a particular property sale. Since it is impossible to foresee when and if a short-fall in the RPTTF 214 V.Property to Sold Site No. 45—E. Cooley Avenue Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Site No. 45: E. Cooley Avenue Industrial Property may occur, or when the property will be sold, the use of the sale proceeds cannot be specifically determined at this time and, therefore, cannot be stated with greater particularity in the LRPMP. However,it is clear that at the time a sale takes place,the sale will be brought back to the Oversight Board and will be subject to review. 215 V.Property to Sold Site No. 45—E. Cooley Avenue Industrial Property Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Exhibit A - Successor Agency/City Property Disposition Procedures The following is only a general outline for the disposition of property by the Successor Agency. It is anticipated that the Successor Agency may from time to time adopt policies and procedures that are more specific during the implementation phase of the LRPMP. L PURCHASE AND SALE PROCEDURES 1. Post notice on Successor Agency website: "All persons interested in receiving solicitations for the disposition of Successor Agency property please email UzAcityofthefuture.org with your contact information and "Purchase and Sale of Successor Apency Property"in the Subject line." 2. Successor Agency will provide written solicitations for the sale of its real estate assets,which may be a single parcel or a grouping of parcels (the"Property"). Such formal solicitations will include,but not be limited to: a. APN(s) b. Property location c. Zoning d. Acreage e. Listing Price (The listing price shall either be (i)not less than fair market value under an appraisal procured by the Successor agency or(ii)another amount approved for such purpose by the Oversight Board f. Purchase Price shall be all cash at close of escrow,no seller financing. g. Deadline to receive offers(prior to selection,offers are confidential) h. Offer submittal guidelines: i. All offers must be in writing(California Association of Realtor forms are acceptable); ii. Successor Agency will provide courtesy to brokers equal to one-half of the customary commission if the ultimate buyer is represented by said real estate broker as buyer's broker at the time the original offer is submitted. iii. Provided that allowance of brokerage commissions will be subject to Oversight Board approval in each case and paid from the sale proceeds; iv. Approval of each sale may be subject to DOF approval; v. Type of financing identified(i.e.,buyer's cash,buyer's loan proceeds,etc.); vi. All buyers are to be listed—no silent partners;and vii. Offers will be reviewed for conflict of interest between offeror and Successor Agency/City officials, staff and consultants. i. Some properties for sale consist of multiple parcels. Only offers that include all parcels identified by Successor Agency on a particular site may be accepted,i.e.,no less than whole purchases. 3. Method of Solicitations: a. Property posting b. Successor Agency website posting c. Local real estate brokers d. All persons requesting solicitations e. Workshops and/or e-mail notifications 4. All property sales are in an"AS IS,WHERE IS"condition. 5. The Successor Agency will be reimbursed from the sale proceeds of the property for any costs related to the appraisal, escrow and title fees(cost of CLTA policy with premium based upon sales price),broker fees,and any other costs associated with the sale. 6. An offer may be rejected if it does not meet the Successor Agency's price threshold. Acceptance of a purchase and sale offer is subject to approval of the Successor Agency's Board of Directors. 216 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 7. The City shall have a right of first refusal in connection with the purchase of property. In the event a submittal is received, such right of first refusal may be exercised by means of the City: (i)notifying the Oversight Board and the party which made an offer(in either order) of the City's intention to acquire the property for monetary consideration in an amount equal to or greater than that offered by the offering party,and(ii)obtaining confirmation of such purchase by the Oversight Board. 8. The City shall have an option to purchase property based upon values agreed to by the Oversight Board. The option may be exercised as to one or more properties at a time or times of the City's choosing. 9. If the City determines that it is infeasible to otherwise market and dispose of certain properties, the Successor Agency may auction such property or properties at a time or times consented to by the Oversight Board. II. REQUEST FOR PROPOSAL PROCEDURES Costs incurred by the Successor Agency and/or the City in the implementation of these Disposition Procedures shall be treated as an Enforceable Obligation for purposes of the Recognized Obligation Payments Schedule ("ROPS") of the Successor Agency to be recovered from land sales proceeds. The City shall provide the Successor Agency an estimate of such costs at such times and in a form sufficient for the Successor Agency to include such costs on one or more ROPS, as appropriate. Included in such costs are: staff time in the performance of such duties;costs and fees of consultants,attorneys,appraisers,title insurers and escrow;costs and fees in connection with the disposition of property(ies),such as unpaid and outstanding tax liens or judgments and other costs incurred in order to deliver merchantable title. Where possible,the Successor Agency is to recover costs at the time of close of escrow. A) INTENT AND PURPOSE A Request for Proposals ("RFP") will be prepared by the Successor Agency and posted to the City's website, and/or sent to developers or parties that have requested such RFPs, and other developers or parties at the Successor Agency's discretion. The number of properties as to which an RFP is requested is subject to the discretion of the Successor Agency. B) PROPOSAL SUBMITTAL 1. Interested parties may submit a development proposal by the deadline specified in the RFP or other announcement. 2. Proposal requirements may include,but not be limited to,the following: a. The proposed total consideration for the property(ies) and information supporting the offer price; b. Any proposed alterations to the terms and conditions of sale; c. Construction and development pro forma, a detailed site plan, a business/operating plan, developer qualifications, experience and references, a narrative description of the market support for the proposed project, an operating pro forma, as applicable, and an explanation of the economic benefits of the proposed project to the City, other affected taxing agencies and the community; d. The proposed uses are to conform to the requirements,intent,goals,and objectives of the City General Plan/Zoning Ordinance,other applicable development standards,and other applicable federal, state,and local laws,codes and regulations. e. A statement that no financial assistance is being requested from any governmental agency in connection with the proposal,or a statement that financial assistance is being requested from a governmental agency in connection with the proposal, indicating the amount that will be requested, the anticipated timing for consideration of such request, and a description of any discretionary process required by the governmental agency from which assistance will be requested, together with an acknowledgment that conditioning a proposal upon receipt of assistance form a governmental agency may result in the rejection of such proposal; 3. Interested parties to provide such additional information as may be requested in good faith by Successor Agency. 4. Subsequent to review, applicants will be advised regarding the development proposals submitted complying with the requirements of the RFP or whether additional information is required. 217 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 C) PROPOSAL REVIEW 1. The Successor Agency will review all proposals received and determined by Successor Agency staff to be complete. 2. Among other things,the Successor Agency's review will consider the value of the asset in question being maximized as well as the proposal furthering the objectives of the Successor Agency's General Plan and not negatively impacting property interest of landowners holding property near the asset in question. 3. Nothing in these Procedures prohibits the Successor Agency or the City from requiring information that is in addition to the foregoing or obligates the Successor Agency in selecting any proposal. Neither the City nor the Successor Agency will bear any responsibility for the costs associated with preparing and submitting a proposal. D) NEGOTIATING AGREEMENTS The Successor Agency may enter into an Exclusive Right to Negotiate Agreement ("ERNA") with a selected project proponent. The purpose of the ERNA is to establish a time period during which the chosen applicant shall have the right to negotiate with the Successor Agency the terms and conditions of a sales and development contract. Therefore, a Disposition and Development Agreement may follow the ERNA if applicable. E) ALTERNATIVE METHODS OF DISPOSITION The City shall have a right of first refusal in connection with the purchase of property. In the event a submittal is received, such right of first refusal may be exercised by means of the City: (i)notifying the Oversight Board and the party which made an offer(in either order) of the City's intention to acquire the property for monetary consideration in an amount equal to or greater than that offered by the offering party,and(ii)obtaining confirmation of such purchase by the Oversight Board. The City shall have an option to purchase property based upon values agreed to by the Oversight Board. The option may be exercised as to one or more properties at a time or times of the City's choosing. If the City determines that it is infeasible to otherwise market and dispose of certain properties, the Successor Agency may auction such property or properties at a time or times consented to by the Oversight Board. 218 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Exhibit B - Health & Safety Code HSC§34191.1,reads as follows: (2)If the oversight board finds that the loan is an The provisions of this chapter shall apply to a City enforceable obligation, the accumulated interest upon that agency's receipt of a finding of completion on the remaining principal amount of the loan by the Department of Finance pursuant to Section shall be recalculated from origination at the 34179.7. interest rate earned by funds deposited into the Local Agency Investment Fund. The loan shall HSC§34191.3,reads as follows: be repaid to the city,county,or city and county in accordance with a defined schedule over a Notwithstanding Section 34191.1, the requirements reasonable term of years at an interest rate not to specified in subdivision (e) of Section 34177 and exceed the interest rate earned by funds deposited subdivision (a) of Section 34181 shall be suspended, into the Local Agency Investment Fund. The except as those provisions apply to the transfers for annual loan repayments provided for in the governmental use,until the Department of Finance has recognized obligations payment schedules shall approved a long-range property management plan be subject to all of the following limitations: pursuant to subdivision (b) of Section 34191.5, at which point the plan shall govern, and supersede all (A)Loan repayments shall not be made prior other provisions relating to,the disposition and use of to the 2013-14 fiscal year. Beginning in the the real property assets of the former redevelopment 2013-14 fiscal year,the maximum repayment agency. If the department has not approved a plan by amount authorized each fiscal year for January 1,2015, subdivision(e)of Section 34177 and repayments made pursuant to this subdivision subdivision (a) of Section 34181 shall be operative and paragraph (7) of subdivision (e) of with respect to that City. Section 34176 combined shall be equal to one-half of the increase between the amount HSC§34191.4,reads as follows: distributed to the taxing entities pursuant to paragraph (4) of subdivision (a) of Section The following provisions shall apply to any City that 34183 in that fiscal year and the amount has been issued a finding of completion by the distributed to taxing entities pursuant to that Department of Finance: paragraph in the 2012-13 base year. Loan or deferral repayments made pursuant to this (a) All real property and interests in real property subdivision shall be second in priority to identified in subparagraph(C)of paragraph(5)of amounts to be repaid pursuant to paragraph subdivision (c) of Section 34179.5 shall be (7)of subdivision(e)of Section 34176. transferred to the Community Redevelopment Property Trust Fund of the City upon approval by (B)Repayments received by the city, county the Department of Finance of the long-range or city and county that formed the property management plan submitted by the City redevelopment agency shall first be used to pursuant to subdivision (b) of Section 34191.7 retire any outstanding amounts borrowed and unless that property is subject to the requirements owed to the Low and Moderate Income of any existing enforceable obligation. Housing Fund of the former redevelopment agency for purposes of the Supplemental (b) (1) Notwithstanding subdivision (d) of Section Educational Revenue Augmentation Fund 3 417 1,upon application by the City and approval and shall be distributed to the Low and by the oversight board, loan agreements entered Moderate Income Housing Asset Fund into between the redevelopment agency and the established by subdivision (d) of Section city,county,or city and county that created by the 34176. redevelopment agency shall be deemed to be enforceable obligations provided that the (C) Twenty percent of any loan repayment oversight board makes a finding that the loan was shall be deducted from the loan repayment for legitimate redevelopment purposes. amount and shall be transferred to the Low 219 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 and Moderate Income Housing Asset Fund, (c)The long-range property management plan shall do after all outstanding loans from the Low and all of the following: Moderate Income Housing Fund for purposes of the Supplemental Educational Revenue (1) Include an inventory of all properties in the Augmentation Fund have been paid. trust. The inventory shall consist of all of the following information: (c) (1)Bond proceeds derived from bonds issued on orbefore December 31,2010,shall be used for the (A)The date of the acquisition of the property purposes for which the bonds were sold. and the value of the property at that time,and an estimate of the current value of the (2) (A)Notwithstanding Section 34177.3 or any property. other conflicting provision of law, bond proceeds in excess of the amounts needed to (B) The purpose for which the property was satisfy approved enforceable obligations acquired. shall thereafter be expended in a manner consistent with the original bond covenants. (C) Parcel data, including address, lot size, Enforceable obligations may be satisfied by and current zoning in the former agency the creation of reserves for projects that are redevelopment plan or specific, community, the subject of the enforceable obligation and or general plan. that are consistent with the contractual obligations for those projects, or by (D) An estimate of the current value of the expending funds to complete the projects. parcel including, if available, any appraisal An expenditure made pursuant to this information. paragraph shall constitute the creation of excess bond proceeds obligations to be paid (E) An estimate of any lease, rental, or any from the excess proceeds. Excess bond other revenues generated by the property,and proceeds obligations shallbe listed separately a description of the contractual requirements on the Recognized Obligation Payment for the disposition of those funds. Schedule submitted by the City. (F) The history of environmental (B) If remaining bond proceeds cannot be contamination, including designation as a spent in a manner consistent with the bond brownfreld site, any related environmental covenants pursuant to subparagraph(A), the studies, and history of any remediation proceeds shall be used to defease the bonds efforts. or to purchase those same outstanding bonds on the open market for cancellation (G) A description of the property's potential for transit-oriented development and the HSC §34191.5,reads as follows: advancement of the planning objectives of the City. (a) There is hereby established a Community Redevelopment Property Trust Fund,administered by (H) A brief history of previous development the City, to serve as the repository of the former proposals and activity,including the rental or redevelopment agency's real properties identified in lease of property. subparagraph(C) of paragraph(5) of subdivision(c) of Section 34179.5. (2) Address the use or disposition of all of the properties in the trust. Permissible uses include (b) The City shall prepare a long-range property the retention of the property for governmental use management plan that Address the disposition and use pursuant to subdivision(a) of Section 34181,the of the real properties of the former redevelopment retention of the property for future development, agency. The report shall be submitted to the oversight the sale of the property,or the use of the property board and the Department of Finance for approval no to fulfill an enforceable obligation. The plan shall later than six months following the issuance to the City separately identify and list properties in the trust of the finding of completion. dedicated to governmental use purposes and properties retained for purposes of fulfilling an 220 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 enforceable obligation. With respect to the use or an enforceable obligation or other than that disposition of all other properties, all of the specified in subparagraph (A), the proceeds following shall apply: from the sale shall be distributed as property tax to the taxing entities. (A) If the plan directs the use or liquidation of the property for a project identified in an (C)Property shall not be transferred to a City, approved redevelopment plan, the property city, county, or city and county, unless the shall transfer to the city, county, or city and long-range property management plan has county. been approved by the oversight board and the Department of Finance. (B) If the plan directs the liquidation of the property or the use of revenues generated Note: HSC § 34191.2 does not exist and from the property, such as lease or parking therefore is not included above. revenues,for any purpose other than to fulfill 221 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Exhibit C - DOF Finding Of Completion 222 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Exhibit D - Resolution of the Successor Agency Board 225 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan September 2015 Exhibit E - Resolution of the Oversight Board 229 Successor Agency to the Redevelopment Agency of the City of San Bernardino Long-Range Property Management Plan August 2015 Exhibit F - Assessor Parcel Maps - Parcels to be Transferred for Governmental Use 232 00 r�V o ry I � w 9"LYl gll 99 9L OS 9.99 If g9 09 g! 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Vernon and Baseline Opportunity Area Overlay address unique policies. Commercial General-3 (CG-3)University. Student Commercial General(CG-1)University District Specific Plan serving uses. Address unique policies. Commercial General-4(CG-4)Mt. Vernon—theme Commercial General-2(CG-2) district Commercial General-4SP(CG-4SP)Paseo Las Placitas Commercial General-3 (CG-3) Commercial General-5 (CG-5)Verdemont Commercial General(CG-1) Central City South-1 (CCS-1) Central City South-1 (CCS-1) University Business Park-2 (UBP-2) University Business Park-2 (UBP-2) University Business Park-3 (UBP-3) University Business Park-3 (UBP-3) Commercial Regional-I (CR-1)Regional Malls Commercial Regional-I (CR-1)Regional Malls Commercial Regional-2 (CR-2)Downtown Commercial Regional-2(CR-2)Downtown Commercial Regional-3 (CR-3) Commercial Regional-3 (CR-3) Commercial Regional-4 (CR-4) Commercial Regional-4 (CR-4) Commercial Heavy(CH) Commercial Heavy(CH) Industrial Designations Office Industrial Park(OIP) Office Industrial Park(OIP) Industrial Light(IL) Industrial Light(IL) Industrial Heavy(IH) Industrial Heavy(IH) Industrial Extractive(IE) Industrial Extractive(IE) University Business Park-1 (UBP-1) University Business Park-1 (UBP-1) Central City South-2 (CCS-2) Central City South-2 (CCS-2) Other Designations Publicly owned Flood Control(PFC) Publicly owned Flood Control(PFC) Public Facilities(PF) Public Facilities(PF) Central City South-3 (CCS-3) Central City South-3 (CCS-3) Railroad(RR) Railroad(RR) Public Parks(PP) Public Parks(PP) --- Open Space(OS) Public Commercial Recreation(PCR) Public Commercial Recreation(PCR) 303