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HomeMy WebLinkAboutR31- Economic Development ECONOMIC DEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO FROM: Ronald E. Winkler,Director SUBJECT: AMENDMENT TO PROPERTY Development Department MANAGEMENT AGREEMENT- PUBLIC ENTERPRISE CENTER DATE: June 1, 1999 OR I G --`�; A L ------------------------------------------- - - - ---------------------------------------------------------------------------------------------------------------------------------- Synopsis of Previous Commission/Council/Committee Action(s): On May 20, 1999,the Redevelopment Committee considered this item and recommended approval by the Commission. --------------------------------- ---------- ------------ ------------------------------------------------------------------------------ Recommended Motion(s): (Community Development Commission) Adopt Resolution. Contact Person(s): Gary Van Osdel/ R. Winkler Phone: 5081 Project Area(s) Northwest Ward(s): Six(6) ❑x Staff Report ❑ Resolution(s) ❑Agreement(s)/Contract(s) ❑ Map(s) ❑ Supporting Data Attached: Letter/Memorandum FUNDING REQUIREMENTS Amount: $ N/A Source: N/A Budget Authority: N/A J SIGNATURE: Gary Van Osdel, Executive Dire or onald E. inkier,Director Economic Development Agency Development Department --------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------- Commission/Council Notes: -------------------------------------------------------------------------------------------------------------------------------------------- REW:lag:99-06-07 PEC Bldg COMMISSION MEETING AGENDA Meeting Date: 06/07/1999 Agenda Item Number: R31— ECONOMIC DEVELOPMENT AGENCY STAFF REPORT --------------------------------------------------------------------------------------------------------------------- Amendment To Property Management Agreement- Public Enterprise Center Background The Public Enterprise Center is owned by the Redevelopment Agency and is located at 1505 West Highland Avenue. The building consists of 28,070 square feet and sits on a site of 3.14 acres. The first phase of the building was completed in 1976 and a second phase was completed in 1980. The total construction costs equal $2,171,737 of which the U.S. Department of Commerce, Economic Development Administration granted a total of $1,300,000. The grant money carries a use restriction on any lease contracts for the facility. The restriction allows only organizations that will serve the local community and its residents. The original grant application states that the facility is to serve "...as a nodal point for the provision of employment, training and business development services to the economically disadvantaged and minority communities of San Bernardino." These restrictions carry until the year 2010 (30 years) at which time the restrictions would no longer be enforced and any repayment obligations on the grant money would be exonerated. Current Issue Current Federal Regulations provide that before the expiration of the useful life of the grant project, the Economic Development Administration may release its interest in the real property 20 years after the date of the grant. Under this scenario, the restrictions referenced above would carry until the year 2000, instead of the year 2010, which provides for greater flexibility in the disposition of the property in the near future. Recommendations That the Community Development Commission adopt the attached Resolution and authorize the execution of an Amendment to Property Management Agreement between the Agency and the U.S. Department of Commerce, Economic Development Administration for the Public Enterprise Center which reduces the Administration's encumbrance over the subject property from 30 years to 20 years from the date of the Offer of Award or until July 17, 2000. Ronald E//Winkler, Director Development Department -------------------------------------------------------------------------------------------------------------------------------------------- REW:lag:99-06-07 PEC Bldg COMMISSION MEETING AGENDA Meeting Date: 06/07/1999 Agenda Item Number: r , COFT i RESOLUTION NO: 2 3 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING 4 AND AUTHORIZING THE EXECUTIVE DIRECTOR OF THE 5 REDEVELOPMENT AGENCY (THE "AGENCY") TO EXECUTE AN AMENDMENT TO PROPERTY MANAGEMENT AGREEMENT 6 BETWEEN THE AGENCY AND THE U.S. DEPARTMENT OF COMMERCE, ECONOMIC DEVELOPMENT ADMINISTRATION FOR 7 THE PUBLIC ENTERPRISE CENTER 8 BE IT RESOLVED BY THE COMMUNITY DEVELOPMENT COMMISSION 9 OF THE CITY OF SAN BERNARDINO AS FOLLOWS: 10 11 SECTION 1. The Executive Director of the Redevelopment Agency ("Agency") 12 is hereby authorized and directed to execute on behalf of said Agency an Amendment to 13 Property Management Agreement between the Agency and the U.S. Department of Commerce, 14 Economic Development Administration for the Public Enterprise Center, a copy of which is 1s attached hereto, marked Exhibit"A" and incorporated herein by reference as though fully set 16 forth at length. 17 SECTION 2. The authorization to execute the above referenced Agreement is 18 rescinded if the parties to the Agreement fail to execute it within sixty (60) days of the passage of 19 this resolution. 20 21 j 22 23 3 24 3 //// 25 j 26 27 28 Page 1 of 2 1 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING 2 AND AUTHORIZING THE EXECUTIVE DIRECTOR OF THE 3 REDEVELOPMENT AGENCY (THE "AGENCY") TO EXECUTE AN AMENDMENT TO PROPERTY MANAGEMENT AGREEMENT 4 BETWEEN THE AGENCY AND THE U.S. DEPARTMENT OF 5 COMMERCE, ECONOMIC DEVELOPMENT ADMINISTRATION FOR THE PUBLIC ENTERPRISE CENTER 6 7 I HEREBY CERTIFY that the foregoing resolution was duly adopted by Community s Development Commission of the City of San Bernardino at a meeting 9 thereof,held on day of , 1999 by the following vote, 10 to wit: 11 12 COMMISSION MEMBERS: AYES NAYS ABSTAIN ABSENT 13 ESTRADA LIEN 14 MCGINNIS 15 SCHNETZ DEVLIN 16 ANDERSON MILLER 17 18 19 Secretary 20 The foregoing resolution is hereby approved this day of 1999. 21 22 23 Judith Valles, Chairperson Community Development Commission 24 Of the City of San Bernardino 25 Approved as to form and Legal Content: 2 6 Agency Counsel 27 28 By: � Page 2 of 2 AMENDMENT TO PROPERTY MANAGEMENT AGREEMENT This AMENDMENT TO PROPERTY MANAGEMENT AGREEMENT, dated the day of , 1999, by and between the Redevelopment Agency of the City of San Bernardino, whose address is 201 North E Street, Suite 301, San Bernardino, California 92401-1507 (hereinafter "Grantee"), and the U.S. Department of Commerce, Economic Development Administration, whose address is 915 Second Avenue, Suite 1856, Seattle, Washington 98174 (hereinafter "EDA"): W I T N E S S E T H Whereas, by Offer of Grant dated April 24, 1980, EDA offered to the Operation Second Chance, a non-profit corporation, a grant under EDA project number 07-01- 02360 for financial assistance under 42 U.S.C. 3121 for the construction of an 11,770 square foot addition to the Public Enterprise Center Training Facility in San Bernardino, California; Whereas, on July 18, 1980, Operation Second Chance, a non-profit corporation, pursuant to the requirement of the grant award, did execute a Property Management Agreement, which, among other things, restricted the use of the subject project property, described in Exhibit "A" attached hereto, for the useful life of the project, determined to be a period of 30 years from the date of the Offer of Grant, said Property Management Agreement being recorded in the County Recorders Office as Document number 80-171111; Whereas, sometime thereafter, the Grantee did assume title to the subject property as substitute grantee under the EDA grant award; Whereas, EDA's current regulations found at 13 Code of Federal Regulations Section 314.11 provides that before the expiration Qf the useful life of the grant project, EDA may release its interest in the project real property 20 years afer the date of the offer of grant; and Whereas, by letter dated May 3, 1999, the Grantee has requested that EDA reduce the period for which EDA will retain an interest in the subject property to 20 years; NOW THEREFORE, IT IS AGREED by the parties hereto and for consideration of the premises and good cause appearing therefore, the Property Management City of San Bernardino Amendment to Property Management Agreement Page Two Agreement is amended and the period for which EDA will retain an interest over the subject property reduced from 30 years to 20 years from the date of the Offer of Award or until July 17, 2000. This release of interest shall be in accordance with any and all restrictions that are contained in 13 Code of Federal Regulations Section 314.11 and other Federal law. Redevelopment Agency of the City of San Bernardino Approved as to form By: and C t rtent: Its: Agency Counsell State of County of On this day of 199 before me personally to me, or proven to me on oath, to appeared be the of the entity that executed the within and foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said entity, for the uses and purposes therein mentioned, and on oath stated that he/she was authorized to execute said instrument. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. Notary Public in and for the State (Seal or stamp) of ECONOMIC DEVELOPMENT ADMINISTRATION UNITED STATES DEPARTMENT OF COMMERCE BY: 44 4AI�.�n.rdl Smith' V ITS: Regional Director 2 City of San Bernardino Amendment to Property Management Agreement Page Three _ State of County of On this 6 day of f 1n1 199 ! before me personally appeared to me, or proven to me on oath, to be the <<< r of the entity that executed the within and foregoing i strument, and acknowledged the said instrument to be the free and voluntary act and deed of said entity, for the uses and purposes therein mentioned, and on oath stated that he/she was authorized to execute said instrument. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. ��- Notary Public in and fo44he State (Seal or stamp) of PARCEL NO. 1 t LEGAL DESCRIPTION FOR REDEVELOP1.11ENT AGENCY OF THE CITY OF SAN BERNARDINO, CALIFORNIA PUBLIC ENTERPRISE CENTER All of Lots 9 to i nrl us i va. ?nH P.1-1 of I-nts :�Q to 40- inclusive. Tract No. 2852, as per plat recorded in Book 40 of Maps, Pages 29 and 30, records of the County of San Bernardino, State of California. SAVING AND EXCEPTING therefrom the Southerly 120 feet of said Lots 34 to 40 inclusive. d EXHIBIT "A" 4 CITY OF SAN BERNARDINO INTEROFFICE MEMORANDUM CITY CLERK'S OFFICE RECORDS & INFORMATION MANAGEMENT (RIM) PROGRAM Date: June 10, 1999 To: Lisa Gomez, Staff Assistant From: Melanie Miller, Senior Secretary Re: Transmittal for signature-Res CDC 1999 - 18 Attached are the following: Original documents authorizing an amendment to property management agreement regarding the Public Enterprise Center Building. Please obtain signatures where indicated on all copies. PLEASE HAVE THE NOTARY SECTION COMPLETED. Please return the executed original to the City Clerk's Office as soon as possible, to my attention. Be advised that the resolution and agreement will be null and void if it is not executed within sixty (60) days-August 6, 1999. If you have any questions, please do not hesitate to contact me at ext. 3212. Thank you. Rachel Clark City Clerk By: Melanie Miller I hereby acknowledge receipt oft e above mentioned documents. ' Sw �o Signed: � : //11 Date: -?� U 0/ 1"-] 4� RC:m 1 CITY OF SAN BERNARDINO INTEROFFICE MEMORANDUM CITY CLERK'S OFFICE RECORDS & INFORMATION MANAGEMENT (RIM) PROGRAM Date: June 10, 1999 To: Lisa Gomez, Staff Assistant From: Melanie Miller, Senior Secretary Re: Transmittal for signature—Res CDC 1999 - 18 Attached are the following: Original documents authorizing an amendment to property management agreement regarding the Public Enterprise Center Building. Please obtain signatures where indicated on all copies. PLEASE HAVE THE NOTARY SECTION COMPLETED. Please return the executed original to the City Clerk's Office as soon as possible, to my attention. Be advised that the resolution and agreement will be null and void if it is not executed within sixty (60) days—August 6, 1999. If you have any questions,please do not hesitate to contact me at ext. 3212. Thank you. Rachel Clark City Clerk By: Melanie Miller I hereby acknowledge receipt of the above mentioned documents. G Signed: �o Date: RC:mam 1