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HomeMy WebLinkAbout01- Development Department ECONOMIC DEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO REQUEST FOR COMMISSION/COUNCIL ACTION From: TIMOTHY C. STEINHAUS Subject: APPROVAL OF IMPLEMENTATION Agency Administrator AMENDMENT WITH THE SAN BERNARDINO COMMUNITY COLLEGE DISTRICT - MT. VERNON CORRIDOR Date: March 2, 1994 --------------------------------------------------------------------------------------------------------------------------------------------- Synopsis of Previous Commission/Councit/Committee Action (s): On June 25, 1990, the Mayor and Common Council adopted Ordinance MC733 which approved and adopted the Mt. Vernon Corridor Redevelopment Project Area. On October 10, 1990, the Community Development Commission approved an agreement with the Community College District relative to the Mt. Vernon Corridor Redevelopment Project. -------------------------------------------------------------------------------------------------------------------------------------------- Recommended Motion(s): (Community Development Commission) MOTION: Move to adopt a RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA, AUTHORIZING THE EXECUTION OF A CERTAIN IMPLEMENTATION AMENDMENT TO AGREEMENT WITH THE SAN BERNARDINO COMMUNITY COLLEGE DISTRICT IN CONNECTION WITH THE ADOPTION OF THE MT. VERNON CORRIDOR REDEV OPMENT PROJECT AND MAKING CERTAIN FINDINGS AND DETERMINrATIO14S IN ACCORDANCE WITH HEALTH AND SAFETY CODE SECTION`33401 l TIMOTHY C. STEINHAUS Agency Administrator -------------------------------------------------------------------------------------------------------------------------------------------- Contact Person(s): _Susan M. Morales Phone: 5081 Project Area(s): -Mt. Vernon Corridor Ward(s): 1 1& 6 Supporting Data Attached: -Staff Report; Resolution-, Agreement FUNDING REQUIREMENTS: Amount: $0,000,000 Source: N/A Budget Authority: N/A -------------------------------------------------------------------------------------------------------------------------------------------- Commission/Council Notes: ---------------------------------------------------------------------------------------------------------- TCS:SMM:pc:com.col COMMISSION MEETING AGENDA Meeting Date: 03/07/94 Agenda Item No. ECONOMIC DEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO STAFF REPORT --------------------------------------------------------------------------------------------------------------------- Implementation Amendment With Community College District On June 25, 1990, the Mt. Vernon Corridor Redevelopment Project Area was adopted. During the period preceding and following the project adoption, negotiations relative to the distribution of tax increment were held with the various taxing agencies. Subsequently, the Commission previously approved an agreement with the Community College District in October, 1990, with the understanding that the agreement would be brought back with a resolution for final adoption. During the review and preparation of final resolutions, Agency staff and special counsel determined that the previously approved agreement was inconsistent and unclear. Therefore, the attached amendment was prepared and approved by the Community College District in an effort to clarify the financial provisions of the agreement. The proposed amendment provides that in any fiscal year the Superintendent shall receive an amount equal to the District Inflationary Revenues (2%) less 20% housing set aside in years 1-8. In years 9-16, the District portion is further calculated by multiplying the District tax levy of 5.0074% by 7.5%; in years 17-26 by 12.5%; and in years 27 on by 15%. An illustration of the calculation is demonstrated on the attached Exhibit "A". In addition, staff has determined that the remaining school district taxing amendments are also unclear. Therefore, we have conducted negotiations with each district and anticipate that the remaining amendments (San Bernardino Unified, Rialto Unified and Colton Unified) will be brought to the Community Development Commission for final approval in the near future. Staff recop ends adoption of the form motion. TIM Y C. EINHAUS, Agency Administrator Economic Development Agency ---------------------------------------------------------------------------------------------------------- TCS:SMM:pc:com.col COMMISSION MEETING AGENDA Meeting Date: 03/07/94 Agenda Item No. / HHK EdL —J,4 &2. I'1 P.2 2 COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA A92M 4 6 March 7, 1994 Item: R9SOLUTION OF THE COMMUNITY DLVELOPMENT 7 COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA, AUTHORIZING THE EXECUTION OF A CERTAIN IMPLMWTATION AMENDMENT TO AGREEMENT WIT14 THE SAN BERNARDINO COMMUNITY COLLEGE DISTRICT IN CONNECTION WITH THE ADOPTION OF THE MT. VERNON CORRIDOR REDEVELOPMEN':V PROJECT AND 10 MAKING CERTAIN FINDINGS AND DETERMINATIONS IN ACCORDANCE WITH HEALTH AND SAFETY CODE 11 SECTION 33401 12 Exhibit "A" Agreement 13 Action to 14 be Taken: Adapt Resolution. 15 16 Certified copy of Resolution to be returned to Sabo Green, a Professional Corporation. 17 is 19 20 21 2,2 2y3 24 25 26 27 28 ssanaroo inv MM M F 3 RESOLUTION NO. 2 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA, AUTHORIZING THE EXECUTION OF A CERTAIN IMPLEMENTATION AMENDMENT TO 4 AGREEMENT WITH THE SAN BERNARDINO COMMITY COLLEGE DISTRICT IN CONNECTION WITH THE 5 ADOPTION OF THE XT. VERNON CORRIDOR REDEVELOPMENT PROJECT AND MAKING CERTAIN 6 FINDINGS AND DETERMINATIONS IN ACCORDANCE WITH HEALTH AND SAFETY CODE SECTION 33401. 8 WHEREAS, the City of San Bernardino, Ca lifornia (the 9 O'City") , is a municipal corporation and a charter city duly 10 created and existing pursuant to the Constitution and the laws of ii the State of California; and 13 WHEREAS, the Community Development Commission of the 14 City of San Bernardino (the "Commission") on behalf of the 15 Redevelopment Agency of the City of San Bernardino (the 16 "Agency") , is a redevelopment agency, a public body, corporate 17 and politic of the State of California, organized and existing 18 pursuant to the Community Redevelopment Law (Part 1 of Division 19 24) commencing with section 33000 of the Health and Safety Code 20 of the State of California (the "Act") ; and 22 WHEREAS, the Commission has previously approved the 2.3 Redevel*prient Plan (the "Redevelopment Plan") for the Mt. Vernon 24 corridor Redevelopment Project Area (the nProject Area") ; and 26 WHEREAS, in connection with its adoption of the ,27 Redevelopment Plan, the Commission has previously entered into 28 negotiations with various affected taxing agencies for the / / purposes of mitigating or reducing any possible fiscal impacts 2 which may be experienced by such affected taxing agencies through the adoption and implementation of the Redevelopment Flan; and 4 5 WHEREAS, in accordance with the former provisions of 6 Health and Safety Code Section 33401, the Agency was authorized 7 to enter into agreements to pay to any taxing agency with S territory located within they Project Area any amounts of money 9 which the Agency found were necessary and appropriate to 10 alleviate any financial burden or detriment to any such taxing 11 agency which is caused by the implementation of the Redevelopment 12 Plan; and 1s 14 WHEREAS, the San Bernardino Community College District 15 (the. 1°Disstrict"@) which is an affected taxing agency, has 16 previously presented the Agency with satisfactory evidenco that 17 ae a result of the redevelopment of the Project Area, the 18 District would experience a financial burden or detriment, and 19 accordingly entered into a agreement dated October 10, 1990 (the 24 "Prior Agreement") , which Prior Agreement was deemed necessary 21 to relieve said financial burden or detriment; and 22 23 WHEREAS, the Agency and the District deem it desirable 24 to enter into that certain Implementation Amendment to Agreement 25 by and between the Agency and the District, a copy of which is 26 attached hereto as Exhibit „A"6 and incorporated herein by this 27 reference, which clarifies and enables implementation of the 2$ 2 Y provisions of the Prior ,?.greement, all as more fully desoribcd in 2 said Implcmentation Amendment to Agreement; and 3 4 WHEREAS, new development within the Project Area will 5 necessitate the development of new facilities and the provision 6 of services by the District in order to provide existing levels 7 of service and the existing facilities and services funding is S insufficient to provide for the acquisition, construction and 9 installation of such facilities and the provision of such 10 services; and 11 12 WFEREAs, as a result of the redevelopment of the 13 Project Area the population within the boundaries of the Project 14 Area is expected to increase; and 15 16 WHEREAS, the District must provide new facilities and 17 services to respond to population growth within its boundaries 1$ which facilities and services are often funded by state or local 19 funds and which funds are limited and not always available to the 20 District when needed; and 21 22 WHEREAS, the District has previously requested the 23 Agency to relieve the financial burden and detriment caused by 24 the implementation of the Redevelopment plan pursuant to the 25 terms of the Prior Agreement and now seeks to cause the 26 implementation of said Prior Agreement through the execution of 27 the Implementation Amendment to Agreement attached hereto; and 28 3 - P.6 WHEREAS, the District has presented evidence to the 2 Agency that as a result of the i ►plem.--ntation of the 3 Redevelopment Plan it will suffer a financial burden or detriment, and 6 WHEMEAS, the Diztrict im da&irou& of cooperating with 7 the Agency so that the Redevelopment Plan may be implemented, g and, accordingly, the parties have provided for the allocation of 9 tax increment revenues as set forth in the Prior Agreement and io the implementation Amendment to Agreement. 11 12 NOW, THEREFORE, THE COMKUNITY DEVELOPMENT COMMISSION is ACTING ON BEHALF OF THE REDEVELOPMENT AGENCY OF THE CITY OF 14 SAN BERNARDINO DOES HEREBY RESOLVE, DETMRMINE AND ORDER AS 15 FOLLOWS; 16 17 The above Recitals and each of them are is true and correct and the action taken pursuant to this Resolution ig is based upon the facts stated in said Recitals. 20 21 Section 2. with respect to the District, the Agency 22 hereby finds that: 23 24 That the District has prevented substantial 25 evidence to the Agency which has been considered by the Agency; 26 27 (2) That as a result of the implementation of the 28 Redevelopment Plan the District shall experience a financial 4 VIHIN Ue. "-j,4 Uz;--JIHPI P.i g burden or detriment due to the need to provide more extensive facilities and services and upgraded improvements; and 3 4 (3) That the implementation Amendment to Agreement 6 referenced in the Recitals herein and the Prior Agreement provide 6 for a method of the allocation of certain tax increment revenues 7 between the Agency and the District which is necessary to S alleviate said financial burden and detriment suffered by the 9 Distract. 10 2i section 3 . The Agency hereby finds and determines 12 that the Friar Agreement and the above referenced implementation 13 Amendment to Agreement has been prepared in accordance with the 14 prior provisions of Health and Safety Code Section 33401, and the 15 Agency hereby approves said Implementation Amendment to Agreement m attached hereto as Exhibit "A". The Chairman and the Agency 17 Secretary are hereby expressly authorized and directed, to 18 execute said Implementation Amendment to Agreement upon adoption 1g of this Resolution, subject to such changes, additions or 20 deletions as may be recommended by the Agency Counsel and 21 approved by the Agency Administrator for the intended transaction 22 contemplated therein. 23 24 25 26 27 28 - 5 r,)HH U1-_ 4 P.0 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA, AUTHORIZING THE EXECUTION OF A 2 CERTAIN IMPLEMENTATION AMENDMENT TO ACRP"ENT WITH THE SAN BERNARDINO COMMUNITY COLLEGE DISTRICT IN CONNECTION WITH THE 3 ADOPTION OF THE MT- VERNON CORRIDOR REDEVET-00PRENT PROJECT AND MAKING CERTAIN FINDINGS AND DETERMINATIONS IN ACCORDANCE WITH 4 HEALTH AND SAFETY CODE SECTION 33401. 5 Section 4. This Resolution shall take effect upon 6 the date of its adoption. 7 8 1 HEREBY CERTIFY that the foregoing Resolution was duly 9 adopted by the Community Development Commisoion of the City of 10 San Bernardino at a meeting ii thereof, held on the day of 12 19,94, by the following vote, to wit., 13 gMiscion member AYES NA` AMMAIN PAMM 14 NEGRETE 15 CURLIN HERNANDEZ 16 OBERHELMAN DEVLIN 17 POPE-LUDLAM MILLER 18 19 Secretary 20 The foregoing resolution is hereby approved this day of 1994. 2.1 22 Tom RTnor, Chairman Community Development 23 Commission of the City of San Bernardino 24 Approved as to form and 2egal content: 25 By: 26 Agency Counsel 27 M1R0,DMUX30740 28 6 hlHk: Inc �a L]:3=31Ph1 P.9 1 STATE OF CALIFORNIA � COUNTY OF SAN BERNARDINO ss 2 CITY OF SAN BER.NARDINO � 3 I, Secretary of the Community Development Commission of the city of San Bernardino, DO HEREBY 4 CERTIFY that the foregoing and attached copy of Community Development Commission of the city of San Bernardino Resolution 5 No. is a full, true and correct copy of that now on file in this office. 6 IN WITNESS WHEREOF, I have hereunto get my hand and 7 affixed the official seal of the community Development Commission of the City of San Bernardino this day of 1994 . 9 10 Secretary of the Community Development Commission of the city of Sian Bernardino 12 13 14 15 16 17 13 19 20 2] 22 23 24 25 26 27 28 RESOLUTION NO. RESOLUTION OF THE SAN BERNARDINO COMMUNITY COLLEGE DISTRICT APPROVING A CERTAIN IMPLEMENTATION AMENDMENT REGARDING THE DISTRIBUTION OF TAX INCREMENT REVENUES (MT. VERNON CORRIDOR REDEVELOPMENT AREA) WHEREAS, the San Bernardino Community College District is a community college district existing pursuant to the laws of the State of California (the "District") ; and WHEREAS, the Community Development Commission of the City of San Bernardino (the "Agency") is a redevelopment agency existing pursuant to the provisions of the Community Redevelopment Law; and WHEREAS, the Agency has previously undertaken certain actions in connection with the adoption of a Redevelopment Plan for the Mt. Vernon Corridor Redevelopment Project (the "Redevelopment Plan") ; and WHEREAS, the City of San Bernardino, California (the "City") , has previously adopted its Ordinance No. MC-733 approving the Redevelopment Plan; and WHEREAS, the District and the Agency have previously undertaken negotiations and have entered into a certain fiscal impact agreement in accordance with the provisions of Health and Safety Code Section 33401 which Fiscal Impact Agreement is dated October 10, 1990 (the "Fiscal Impact Agreement") ; and WHEREAS, the parties desire to clarify certain issues with respect to the interpretation and implementation of the Fiscal Impact Agreement and the Agency and the District deem it desirable to clarify their intent with respect thereto through the execution of a certain Implementation Amendment, a copy of which is attached hereto as Exhibit "A" and incorporated herein by this reference (the "Implementation Amendment") . NOW, THEREFORE, THE SAN BERNARDINO COMMUNITY COLLEGE DISTRICT DOES HEREBY FIND, RESOLVE AND ORDER AS FOLLOWS: 1. The District hereby approves the Implementation Amendment, a copy of which is attached hereto as Exhibit "A" and incorporated herein by this reference. 2. The District hereby acknowledges and agrees that the Implementation Amendment will control in the interpretation and implementation of the Fiscal Impact Agreement. - 1 - 3 . This Resolution shall take effect from and after the date of adoption hereo District. Stuart Bundy, Chdli6illor Secretary to the Board of T ustees San Bernardino Community Co lege District SBEO/0001/DOC/694A 01/06194 9:40 2 - IMPLEMENTATION AMENDMENT TO AGREEMENT WITH SAN BERNARDINO COMMUNITY COLLEGE DISTRICT AND THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO WHEREAS, the San Bernardino Community College District (the "District") and the Community Development Commission of the City of San Bernardino (the "Agency") have entered into an agreement dated October 10, 1990 (the "Agreement") , with respect to the distribution of tax increment revenues of the Agency attributable to the redevelopment project area of the Mt. Vernon Corridor Redevelopment Project (the "Project Area") ; and WHEREAS, the District and the Agency mutually desire to clarify the interpretation of the Agreement by the approval and execution of this Implementation Amendment; and WHEREAS, the parties hereto intend to utilize this Implementation Amendment as a vehicle to attach the Cash Flow exhibit as included herein as the Cash Flow exhibit that shall be attached to the Agreement and have the effect of amending the Agreement as provided in Section 7 of the Agreement. NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and conditions contained herein, the parties hereto agree as follows: Section 1. The District and the Agency agree that notwithstanding any language contained in the Agreement to the contrary, the Agreement shall be interpreted, and all tax increment revenues calculations shall be made, consistent with this Implementation Amendment and the Cash Flow exhibit attached hereto and incorporated herein by reference. In summary, such calculations shall be made as follows for all payments by the Agency to the District under the Agreement: 1. $ A (tax increment revenues allocated to and received by the Agency from the 1% general property tax revenues within the Project Area) x B% (weighted average Tax Rate Area percent of the District calculated annually as a percent of total Project Area assessed values) $ C (dollar amount that District contributes as tax increment revenues to Agency within Project Area) -1- -$ D (District Inflationary Revenues calculated upon a 2% annual inflationary increase (or such lesser amount determined in accordance with California Constitution Article XIIIA using same percentage figure as in B above) by compounding such percentage increases upon the Base Year assessed value for the Project Area) $ E (District contribution to tax increment revenues in excess of District Inflationary Revenues) x 80% $ F (District Portion (as defined in Agreement but as calculated pursuant to this Implementation Amendment) ) x G% (such percent as is applicable in the year of calculation per Section 2 .B. , C. or D. of the Agreement) $ H (Section 2 .B. , C. or D. Percentage Amount, if applicable) + D (District Inflationary Revenues) $ I (Total Payment to District) Section 2 . The Agreement shall continue to remain in full force and effect from and after the date set forth therein and shall only be deemed to be amended to the extent required by Section 1 above and by the addition of the Cash Flow exhibit as attached hereto to clarify the interpretation of the Agreement. -2- IN WITNESS WHEREOF, the parties hereto have executed this Implementation Amendment as of the day of , 1994 . Dated: SAN BERNARDINO COMMUNITY COLLEGE DISTRICT Title: 1 Dated: COMMUNITY DEVELOPMENT COMMISSIdN OF THE CITY OF SAN BERNARDINO By: Chairman Approved as to Form: SBE0\0001\D00692A 01\05\93 945 -3- ONN_N N M T M MN M MA l�T O CD M 00 Or T 0(O Il-M N W to O T f--O to TN(D N0 f� OF V)N Nto O1�(D to t` TOt-t--OV 0 Or to NMN C)N OOM MO C) N t"t W M F--U 000000rr M(D Oct O M(D O N(D r(D r(O N O V rMNO000 r. t t,1 - -G rC, 0 (D JQ' NMT(D naDOrN_MtO(O f�0 NT In I-MO MM f-0 NT(D MON V W0 Mto N (H V)V)V)V)VT V)r N N N N N N M M C)Cl)Cl)M T T T T T to to to 2 In 69(D(D 0 J O 6%d)V!d3 6%d)V3 V)6%0%to W.V)V3 V)6H V)V)V)V)V)69 V)V)V)V)V)V)V)to V)V)0) r F 69 W 00000000 04 00 N I�MN TM T 00 CO W O t-t'-r to 0010000 M(0 M M T N O(D O O V)V)60 V)V)d)V)V)f�to Cl)00 N n N f�O 0 0 t`t-n W 0 0 r f-N N N M M N 0 N W to M to O 00 QF- M 00 O._r NNN NM T tA(D n 000.--a0 C -:fl�VL CD 000 r M to nW.--M F-F F- 613,Q9. 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