Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
19- Economic & Housing Development Department
19.a o� Staff Report 0 a ` - = City of San Bernardino Request for Council Action o m E Date: June 7, 2017 i a To: Honorable Mayor and City Council Members co From: Mark Scott, City Manager By: Andrea M. Miller, Assistant City Manager Steven H. Dukett, Consultant, Successor Agency Ed Flores, Consultant, Housing Division U CL Subject: Purchase and Sale Agreement-10 Affordable Housing Parcels 0 H Recommendation 0 0 1. Adopt a Resolution of the Mayor and City Council of the City of San Bernardino, w California, acting in the capacity as the Successor Housing Agency to the Redevelopment Agency of the City of San Bernardino, approving a purchase and sale agreement between the Successor Housing Agency and the Successor Agency to the Redevelopment Agency of the City of San Bernardino with respect to 10 real a property assets located in the City of San Bernardino, California, and approving certain related actions. 0 x 2. Adopt a Resolution of the Successor Agency to the Redevelopment Agency of the Q City of San Bernardino, California, approving a purchase and sale agreement between the Successor Agency and the City of San Bernardino acting in the capacity as the Successor Housing Agency to the Redevelopment Agency of the o City of San Bernardino with respect to 10 real property assets located in the City of San Bernardino, California, and approving certain related actions. Background Pursuant to Health and Safety Code (the "HSC") § 34172 (a) (1), the Redevelopment a Agency was dissolved on February 1, 2012. Consistent with the provisions of the HSC, on January 9, 2012 the Mayor and City Council (the "City") elected to serve in the capacity of the Successor Agency to the Redevelopment Agency (the "Successor R Agency"). Consistent with the provisions of the HSC, the Mayor and City Council previously elected to serve in the capacity of the Successor Housing Agency to the Redevelopment Agency (the "Successor Housing Agency"). The Oversight Board for a the Successor Agency (the "Oversight Board") has been established pursuant to HSC § u 34179 to assist in the wind-down of the dissolved redevelopment agency. s U ti a Packet Pg. 967 �rrrr�rr.w On September 15, 2015, the Successor Agency submitted its Oversight Board- approved Long-Range Property Management Plan (the "LRPMP") to the California c Department of Finance (the "DOF"). On December 31, 2015, the DOF approved the Successor Agency's LRPMP and notified the Successor Agency that pursuant to HSC § o 34191.3, the approved LRPMP shall govern, and supersede all other provisions relating o to the disposition and use of all the real property assets of the former redevelopment agency. The approved LRPMP, which addresses the disposition and use of the real property assets held by the Successor Agency, includes 230 parcels of land grouped into forty-six (46) separate sites, eighteen (18) of which were designated as government a use sites, seven (7) of which are designated as future development sites and twenty- one (21) of which were designated to be sold (the "21-LRPMP for Sale Sites"). cn Pursuant to HSC § 34176 (a) (2), the Successor Housing Agency was required to 4) submit a Housing Asset Transfer form (the "HAT") to the DOF that lists, among other things, all of the low- and moderate-income housing fund (the "LMIHF") real property assets, as more specifically defined in HSC § 34176 (e), to be retained by the a Successor Housing Agency. Consistent with the foregoing, the Successor Housing co Agency submitted its HAT to DOF for review and thereafter provided DOF with pertinent supplemental and back-up information that resulted in DOF's August 11, 2016 approval of the HAT, as amended (the "Amended Hat"). The Amended HAT lists 141 parcels of o land, one of which was sold in 2012, leaving 140 parcels to either be retained for a LU housing purposes or sold. As a part of its approval of the Amended HAT, DOF authorized 56 parcels to be transferred by the Successor Agency to the Successor Housing Agency at no cost (which has already occurred) and determined that 84 parcels are to be sold by the Successor Agency; 10 of which were acquired after the a State's dissolution of redevelopment agencies (the 10-HAT for Sale Sites") and 74 of = which constitute the "Arden-Guthrie" property that will ultimately be sold as a single site for commercial development purposes. _ Discussion The City's Housing Division has evaluated the 21-LRPMP for Sale Sites and the 10- o HAT for Sale Sites and identified 10 residentially zoned parcels that need to be acquired a for affordable housing purposes, as more particularly described in Exhibit "A" to the attached Resolution (the 10 Acquisition Parcels"). To determine a fair and reasonable purchase price, the Successor Agency requested Lee &Associates of Ontario California, a E real estate brokerage firm familiar with the real estate market within the Inland Empire ;v Region in general and the City of San Bernardino in particular, to prepare a Broker's a Opinion of Value (the "BOV") to determine the fair and reasonable purchase price for the 10 Acquisition Parcels. N Based on past practice, the DOF has acknowledged that BOVs are an acceptable method N and basis for confirming that the value of real property being sold by a successor agency is fair and reasonable. On April 10, 2017, the Successor Agency received the BOV from Lee & Associates confirming that $307,099 is a fair and reasonable purchase price (the a "Purchase Price") for the 10 Acquisition Parcels, as more fully described within the BOV, a copy of which is included as Exhibit "B"to the attached Resolution. E a Packet Pg. 968 19.a a .c Approval of the attached Resolutions will approve the Purchase and Sale Agreement (the "Agreement") between the Successor Agency and the Successor Housing Agency w with respect to the 10 Acquisition Parcels, a copy of which is included as Exhibit "C" to 0 the attached Resolution, and authorize certain related actions. In addition, the Agreement is consistent with the Successor Agency's and Successor Housing Agency's Property Disposition Strategy that was adopted by the Successor Agency and the Successor Housing Agency on March 6, 2017 and approved by the City Council Ad Hoc 4) Real Estate Committee on February 23, 2017. Consistent with the provisions of the HSC and the LRPMP, the effectiveness of the Agreement is subject to the approval of the Oversight Board and review by DOF. The attached Resolutions have been reviewed with respect to applicability of the California Environmental Quality Act (the "CEQA"), the State CEQA Guidelines (California Code of Regulations, Title 14, § 15000 et se p.. hereafter the "CEQA Guidelines"), and the City's environmental guidelines. The attached Resolutions do not 0- constitute constitute a "project" for purposes of CEQA, as that term is defined by CEQA Guidelines § 15378, because the Resolutions are an organizational or administrative activity that o will not result in a direct or indirect physical change in the environment, per § 15378 (b) (5) of the CEQA Guidelines. 0 a W Fiscal Impact The Successor Housing Agency intends to fund the Purchase Price from its program N income fund, which derives its funding from the repayment of affordable housing loans made by the former redevelopment agency from the LMIHF and is sufficient to pay the a Purchase Price. The transfer of the 10 Acquisition Parcels will be managed through an escrow and will include title insurance. Once escrow closes, the Successor Agency will transfer the net proceeds from the Purchase Price to the San Bernardino County Auditor-Controller (the "CAC"). The net proceeds shall mean the Purchase Price less N any third party fees in connection with escrow and title matters. The CAC will in turn Z divide and pay over the net proceeds from the Purchase Price to the affected taxing o entities in proportion to their respective shares of the 1% general tax levy, which will a include the City. The City's Housing Division intends to use the 10 Acquisition Parcels for o future in-fill affordable housing purposes that are anticipated to generate future program d income. d L Conclusion a Based on the foregoing, staff recommends that: R W 1. The Mayor and City Council of the City of San Bernardino, acting in the capacity as the Successor Housing Agency to the Redevelopment Agency of the City of San Bernardino adopt a resolution approving a purchase and sale agreement between the Successor Housing Agency and the Successor Agency to the Redevelopment L Agency of the City of San Bernardino with respect to 10 real property assets located a in the City of San Bernardino, and approving certain related actions; and d E U a Packet Pg. 969 2. The Successor Agency to the Redevelopment Agency of the City of San Bernardino adopt a resolution approving a purchase and sale agreement between the o Successor Agency and the City of San Bernardino acting in the capacity as the a Successor Housing Agency to the Redevelopment Agency of the City of San Bernardino with respect to 10 real property assets located in the City of San o Bernardino, and approving certain related actions. CD Attachments Attachment 1 Mayor and City Council Resolution (including its Exhibit "A," which describes the 10 Acquisition Parcels, its Exhibit "B," which is the BOV and its Exhibit "C," which is the Purchase and Sale Cn Agreement). Attachment 2 Successor Agency Resolution (including its Exhibit "A," whichCn describes the 10 Acquisition Parcels, its Exhibit "B," which is the L BOV and its Exhibit "C," which is the Purchase and Sale a Agreement). CO 0 ' F a! [Wards: 2, 4 and 7 w Synopsis of Previous Council Actions: September 8, 2015: The Successor Agency approved the LRPMP. a C February 23, 2017: The City Council Ad Hoc Real Estate Committee approved the Property Disposition Strategy. _ March 6, 2017 The Successor Agency and the Successor Housing Agency approved the Property Disposition Strategy. , a 0 _ -- E L Q Q Cn R d V L a a� a Packet Pg. 970 1 RESOLUTION NO.2017 0 2 RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF SAN ,o BERNARDINO, ACTING IN ITS CAPACITY AS THE SUCCESSOR HOUSING AGENCY 3 TO THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO, E 4 APPROVING A PURCHASE AND SALE AGREEMENT BETWEEN THE SUCCESSOR HOUSING AGENCY AND THE SUCCESSOR AGENCY TO THE REDEVELOPMENT a 5 AGENCY OF THE CITY OF SAN BERNARDINO WITH RESPECT TO 10 REAL PROPERTY ASSETS LOCATED IN THE CITY OF SAN BERNARDINO, AND N 6 APPROVING CERTAIN RELATED ACTIONS 7 WHEREAS, pursuant to Health and Safety Code (the "HSC") § 34172 (a) (1), the L 8 Redevelopment Agency of the City of San Bernardino was dissolved on February 1,2012; and a 9 WHEREAS, consistent with the provisions of the HSC,the Mayor and City Council of the c 10 City of San Bernardino previously elected to serve in the capacity of the Successor Agency to the z 11 Redevelopment Agency of the City of San Bernardino (the "Successor Agency"); and LIJ x 12 WHEREAS, consistent with the provisions of the HSC,the Mayor and City Council of the Q 13 ~ City of San Bernardino previously elected to serve in the capacity of the Successor Housing a vi 14 Agency to the Redevelopment Agency of the City of San Bernardino (the "Successor Housing L 15a Agency");and = 16 WHEREAS, the Oversight Board to the Successor Agency (the "Oversight Board") has c X 17 been established pursuant to HSC § 34179 to assist in the wind-down of the dissolved M 18 redevelopment agency; and 0 19 WHEREAS, on September 15, 2015, the Successor Agency submitted its Oversight o 20 Board-approved Long-Range Property Management Plan (the "LRPMP") to the California E 21 Department of Finance(the"DOF"); and a, a 22 WHEREAS, on December 31, 2015, the DOF approved the Successor Agency's LRPMP M 23 and notified the Successor Agency that pursuant to HSC § 34191.3, the approved LRPMP shall 24 govern, and supersede all other provisions relating to the disposition and use of all the real property 25 assets of the former redevelopment agency; and a 26 WHEREAS, the approved LRPMP, which addresses the disposition and use of the real E 27 property assets held by the Successor Agency, includes 230 parcels of land grouped into forty-six 28 (46) separate sites, eighteen (18) of which were designated as government use sites, seven (7) of a 1 Packet Pg. 971 1 which are designated as future development sites and twenty-one (21) of which were designated to 2 be sold(the "21-LRPMP for Sale Sites")- and w 3 WHEREAS, pursuant to HSC § 34176 (a) (2), the Successor Housing Agency was 4 required to submit a Housing Asset Transfer form (the "HAT') to the California Department of a 5 Finance (the "DOF") that lists, among other things, all of the low- and moderate-income housing co 6 fund (the "LMIHF") real property assets, as more specifically defined in HSC § 34176 (e), to be d 7 retained by the Successor Housing Agency; and 8 WHEREAS, consistent with the foregoing, the Successor Housing Agency submitted its a 9 HAT to DOF for review and thereafter provided DOF with pertinent supplemental and back-up 00 0 10 information that resulted in DOF's August 11, 2016 approval of the HAT, as amended (the 11 "Amended Hat"); and w 12 WHEREAS, the Amended HAT lists 141 parcels of land, one of which was sold in 2012, v a 13 leaving 140 parcels to either be retained for housing purposes or sold; and a 14 WHEREAS, as a part of its approval of the Amended HAT, DOF authorized 56 parcels to N 15 be transferred by the Successor Agency to the Successor Housing Agency at no cost (which has — rn c 16 already occurred) and determined that 84 parcels are to be sold by the Successor Agency; 10 of 0 17 which were acquired after the State's dissolution of redevelopment agencies (the "10-HAT for Sale 4) 18 Sites") and 74 of which constitute the "Arden-Guthrie" property that will ultimately be sold as a 0 w 19 single site for commercial development purposes; and a 0 20 WHEREAS, the City's Housing Division has evaluated the 21-LRPMP For Sale Sites and E 21 the 10-HAT for Sale Sites and identified 10 residentially zoned parcels that need to be acquired for 22 affordable housing purposes, as more particularly described within Exhibit "A," attached hereto �a 23 (the"10 Acquisition Parcels");and M c �a 24 WHEREAS, to determine a fair and reasonable purchase price, the Successor Agency y �v 25 requested Lee & Associates of Ontario California, a real estate brokerage firm familiar with the real a 26 estate market within the Inland Empire Region in general and the City of San Bernardino in particular, c aD 27 to prepare a Broker's Opinion of Value (the "BOV") to determine the fair and reasonable purchase E 28 price for the 10 Acquisition Parcels;and 2 Packet Pg.972 19.b 1 WHEREAS, based on past practice,the DOF has acknowledged that BOVs are an acceptable e 2 method and basis for confirming that the value of real property being sold by a successor agency is fair 3 and reasonable;and E 4 WHEREAS, on April 10, 2017, the Successor Agency received the BOV from Lee & Q 5 Associates confirming that $307,099 is the fair and reasonable purchase price (the "Purchase Price") 6 for the 10 Acquisition Parcels,as more fully described within the BOV, a copy of which is attached to tv aD 7 this Resolution as Exhibit`B' and 8 WHEREAS, this Resolution will approve the Purchase and Sale Agreement (the a 9 "Agreement") between the Successor Agency and the Successor Housing Agency with respect to c LO 10 the 10 Acquisition Parcels, a copy of which is attached to this Resolution as Exhibit "C," and 11 authorize certain related actions; and 12 WHEREAS, the Agreement is consistent with the Successor Agency's and Successor a 13 Housing Agency's Property Disposition Strategy that was adopted by the Successor Agency and the a 14 Successor Housing Agency on March 6, 2017 and approved by the City Council Ad Hoc Real 15 Estate Committee on February 23,2017; and a 16 WHEREAS, the Successor Housing Agency intends to fund the Purchase Price from its o 17 program income fund, which derives its funding from the repayment of affordable housing loans that 18 were made by the former redevelopment agency from the LM114F and is sufficient to pay the Purchase 0- 19 Price;and Q 0 bw 26 WHEREAS, once the 10 Acquisition Parcels are transferred to the Successor Housing E 21 Agency, the Successor Agency will transfer the net Purchase Price to the San Bernardino County a 22 Auditor-Controller that will in turn divide and pay over the net Purchase Price to the affected taxing a) 23 entities in proportion to their respective shares of the 1% general tax levy, which will include the c 24 City; and 25 WHEREAS, consistent with the provisions of the HSC and the LRPMP, the effectiveness 2- a. 26 of the Agreement is subject to the approval of the Oversight Board and review by DOF; and c d E 27 WHEREAS, this Resolution has been reviewed with respect to applicability of the E r 28 California Environmental Quality Act (the "CEQA"), the State CEQA Guidelines (California Code a 3 Packet Pg. 973 19.b 1 of Regulations, Title 14, § 15000 et seq., hereafter the "CEQA Guidelines"), and the City's 2 environmental guidelines; and ,o 3 WHEREAS, this Resolution does not constitute a"project" for purposes of CEQA, as that E 4 term is defined by CEQA Guidelines § 15378, because this Resolution is an organizational or L a 5 administrative activity that will not result in a direct or indirect physical change in the environment, 6 per § 15378 (b) (5) of the CEQA Guidelines; and 7 WHEREAS, all of the prerequisites with respect to the approval of this Resolution have L v 8 been met. a 9 NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL 0 10 OF THE CITY OF SAN BERNARDINO ACTING IN ITS CAPACITY AS THE 11 SUCCESSOR HOUSING AGENCY TO THE REDEVELOPMENT AGENCY OF THE W 2 12 CITY OF SAN BERNARDINO,AS FOLLOWS: 13 Section 1. The foregoing recitals are true and correct and are a substantive part of this a 14 Resolution. N 15 Section 2. The Agreement between the Successor Agency and the Successor Housing � 16 Agency for the 10 Acquisition Parcels, attached hereto as Exhibit"C"is hereby approved. 0 17 Section 3. On behalf of the Successor Housing Agency, the City Manager, in the 2i 18 capacity as Executive Director of the Successor Housing Agency, is authorized and directed to c 12 19 execute the Agreement and the certificate of acceptance, the form of which is attached to the Q 0 20 Agreement, and to take such other actions and execute such other documents as are necessary to E 21 effectuate and close the purchase and sale of the 10 Acquisition Parcels and as may otherwise be a, 22 required to fulfill the intent of this Resolution. 23 Section 4. This Resolution is not a "project" for purposes of CEQA, as that c 24 term is defined by Guidelines § 15378, because this Resolution is an organizational or N 25 administrative activity that will not result in a direct or indirect physical change in the environment, 0. a 26 per § 15378 (b) (5)of the Guidelines. 27 E L 28 4 Packet Pg.974 19.b 1 Section 5. This resolution shall take effect upon: i) its adoption and execution in the o 2 manner as required by the City's Municipal Code; ii) the approval of the Agreement by the o 3 Oversight Board; and iii) its review by the DOE E d 4 d 5 y 6 /II 7 L 8 co 9 /// o 10 11 /// W 12 111 a 13CD f/1 14 /// a. 15 .y 16 0 x 17 18 w a 19 20 111 21 0 a 22 co 23 24 /// U) 25 /ll a 26 E 27 111 28 5 Packet Pg.975 1 2 RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF SAN 0 BERNARDINO, ACTING IN ITS CAPACITY AS THE SUCCESSOR HOUSING AGENCY = 3 TO THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO, E 4 APPROVING A PURCHASE AND SALE AGREEMENT BETWEEN THE SUCCESSOR HOUSING AGENCY AND THE SUCCESSOR AGENCY TO THE REDEVELOPMENT a 5 AGENCY OF THE CITY OF SAN BERNARDINO WITH RESPECT TO 10 REAL PROPERTY ASSETS LOCATED IN THE CITY OF SAN BERNARDINO, AND co 6 APPROVING CERTAIN RELATED ACTIONS c d 7 I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Mayor and City r 8 Council of the City of San Bernardino, in its capacity as the Successor Housing Agency to the a 9 Redevelopment Agency of the City of San Bernardino at a regular meeting thereof, held on the c 10 day of June,2017,by the following vote,to wit: 11 w 12 Council Members Ayes Nays Abstain Absent MARQUEZ 13 BARRIOS14 VALDIVIA 15 SHORETT c 16 NICKEL o 17 RICHARD 18 MULVIHILL 0 `o 19 a 0 20 = Georgeann Hanna, CMC, City Clerk E 21 a L 22 The foregoing Resolution is hereby approved this day of June 2017. Cn �a 23 24 R. Carey Davis,Mayor y City of San Bernardino s 25 Approved as to Form: a. 26 Gary D. Saenz, City Attorney 27 s 2s By: 6 Packet Pg.976 19.b 1 EXHIBIT "A" o 2 Description of the 10 Acquisition Parcels E 3 E E d a 411, 1rn Properties From the LRPMP a d 5 tO Cn 1 0145-242-32 1238 N"D" St 0.18 RM 2nd $19,60 62 0145-242-33 N"D" St 0.15 RM 2nd $16,33 7 3 0155-101-08 N Del Rosa Ave 0.92 RM 4th $100,18 U) Subtotal $136,12 U g Properties Froma ' - Ward C 00 9 4 1191-051-55 2105 Sunrise Ln 0.22 RMH7th $23,95 c 10 5 1191-031-23 2095 E 19th St 0.23 RMH 7th $25,04 6 1191-051-45 2116 Sunrise Ln 0.22 RMH 7th $23,95 11 7 1191-051-53 2131 Sunrise Ln 0.22 RMH 7th $23,95 w w 8 1191-051-60 2055 E Sunrise Ln 0.22 RMH 7th $23,95 12 9 1191-051-61 2045 E Sunrise Ln 0.22 RMH 7th $23,95 Q 10 1191-051-66 2182 Sunrise Ln 0.24 RMH 7th $26,13 13 Subtotal $170,97 a Total $307,099 14 15 Notes: 1. Site Nos. 1,2 and 3 above correspond to LRPMP Site Nos.35,36 and 38 a 2. Site Nos.4 through 10 above area part of the"19'h and Sunrise"Affordable Housing Target 16 Neighborhood 7 U) 0 17 R 18 0 19 0 20 a� E 21 L Q 22 d Cn 23 a 24 U) 25 a. 26 0 27 E s 28 a 7 Packet Pg.97 19.b 01 2EXHIBIT "B" .02 E 3 Broker's Opinion of Value E 4 Prepared by Lee & Associate-Ontario 5 a 6 (See Attachment) _ 7 R 8 3 a 9 Co 0 u� 10 11 w 12 L) a 13 a 14 U; 15 c 16 gn 0 17 4) M 18 0 w 19 a 0 20 c a) E 21 d L 22 a 23 Co c 24 y 25 a 26 d 27 E r 28 i Packet Pg- 978 19.b OPINION OF VALUE Vacant Land , San Bernardino , CA 92404 0 L r _ w a Ye O a w r V L 3 a co 0 H Z w x U w. a rr a N d V L a a� to 3 O x d co PRESENTED BY : PRESENTED TO : o a Chris MorrellCD Associate BRE ID# 01410974 E Lee & Associates Ontario Lisa Connor L Phone # 909 . 373 . 2721 Project Manager Q cmorrell@lee - assoc . com Successor Agency to the 2 Cod Wolf Redevelopment Agency W }( City of San Bernardino Associate BRE ID# 01997598 Lee & Associates Ontario Phone # 909 . 373 . 2916 a cwoIf@lee- assoc. com = E WWW. LEE + , NATIONAL REACH WO RLD CLASSr v R A,& EE& LEE & ASSOCIATES - SOURUEs EUEEV DTTO BE RELIABLE.HOWEVER,WE HAVECONTAINED HEREIN5 OBTAINED RN a VERIFIED R AND MAKE NOGUARANTEES,WARRANTIES ASSOCIATES- ONTARIO , INC REPRESENTATIONS ASTOTHE COMPLETENESSORACCURA THEREOF.THE PRESENTATION Of THIS PROPERTY IS UScw COMMERCIAL REAL ESTATE SERVICES Phone : (9 0 9) 9 8 9 .7 7 7 1 FOREXAMPLEAND 6 SUBMITTED SUBJECT TO ERRORS, OMISSIONS,CHANGF OFPRTCE OR CONDTTIONS,AND 1S ONTARIO Corp ID : 00976995 SUBJECT TO FRIOR SALE Packet Pg. 979 19.b OPINION OF VALUE Vacant Land , San Bernardino , CA 92404 ') L 0 Table of Contents Q I . Subject Properties • Aerials s L • Property Information Sheets co • Parcel Maps II . Executive Summary W III . Available Properties For Sale Q IV . Completed Sale Transactions Q V . Qualifications • Resumes N 0 • About Lee & Associates L 0 w a 0 i E L a U) In M t U L a w c a� a L& THE INFORMATION CONTAINED HEREINV O.WE H EE& LEE & ASSOCIATES S O C I A T E S - D I SOURCES BEUEVEDTO BE RELIABLE.HOWEVER.WE HAVEENhy ASSOCIATES VERIFIED IT AND MAKE NOGUARANIEES,WARRANTIES ONTARIO , INC RFPRESENTATICNSAS TO THE COMPLETENESSORACCURA THEREOF.THE PRESENTATION OF THIS PROPERTYIS US- COMMERCIAL REAL ESTATE SERVICES Phone : ( 9 0 9 ) 989 .777 1 PORE%AMPLE AND, IS SUBMITTED SUBACT TO ERRORS, OMISSIONS,CHANGE OF,%P:ICF OR CONDITIONS,AND IS ONTARIO Corp ID : 0 0 9 7 6 9 9 5 SUBJECT TO PRIOR SAL " Packet Pg.980 19.b OPINION OF V Vacant Land , San Bernardino , CA 92404 0 E E Subject Properties L a co _ ' ALot Size , s 1 1191-051-55 2105 Sunrise Ln 0.22 00 0 2 1191-031-23 2095 E 19d, St 0.23 Z W 3 1191-051-45 2166 Sunrise Ln 0.22 a a 4 1191-051-53 2131 Sunrise Ln 0.22 N a 5 1191-051-60 2055 Sunrise Ln 0.22 _ O 6 1191-051-61 2045 Sunrise Ln 0.22 O 7 1191-051-66 2182 Sunrise Ln 0.24 a O Z _ 8 0145-242-32 1238 N "D" St 0.18 a 9 0145-242-33 N "D" St 0.15 co _ 10 0155-101-08 N Del Rosa Ave 0.92 N r _ a m E • C I A T E S . C • M LOCAL • • C LASS v THE ` ca LEE & LEE & ASSOCIATES - SOURCES SEUEVEDTRMATION CONTAINED HEREIN VOBTAINEDFRC SOURCES BEUEVEDTO BE RELIABLE.HOWEVER WE HAVE N a ASSOCIATES' VERIRED IT AND MAKE NOGUARANTEES,WARRANTIES ONTARIO, INC REPRESENTATIONS AS TO THE COMPLETENESSORACCURA Phone : 9 0 9 9 8 9 .7 7 7 1 THEREOF.THE PRESENTATION OF THIS PROPERTVIS USED L AL ESTATE SERVICES FORERAMPLEAND IS SUBMITTED SUBJECT TO ERRORS, ONTARIO Corp ID : 0 0 9 7 6 9 9 5 OMISSIONS,CHANGE OFPRICE OR CONDITIONS,AND 6 SUHJ ECT ECTTO TO PRIOR SALE N Packet Pg.981 19.b OPINION OF VALUE Vacant Land , San Bernardino , CA 924044 0 E a Cn m 4) L V L 7 a 00 0 H Z W 2 Q H H Q vi N O ♦q 2 crs O i Q O r rr C O E .= d d Q O EO ca C d N TO L V a c as WWW . LEE - ASSOCIATES , CO M LOCAL. EXPERTISE NAI ION AL REACH . WOP L CLASS E s p� e�. LEE& LEE & ASSOCIATES — THE INFORMATION CONTAINED HEREIN VEk WE E N SOURCES BEUEVEDTO BE RELIABLE HOWEVER.WE HAVE N ,,- ASSOCIATES' ONTARIO INC VERIFIED R AND MAKE NOGUARANTEES,WARRANTIES LREPRESENTATIONS AS TO THE COMPLETENESSOR ACCURA THEREOF.THE PRESENTATION OF THIS PROPERTYIS US__ Phone : (9 0 9) 989 .777 1 FOREXAMPLE AND IS SUBMUTED SUBJECT TO ERRORS, OMISSIONS,CHANGE OFPRICE OR CONDITIONS,AND IS ONTARIO Corp ID : 00976995 SUBJECT TO PRIOR SAL Packet Pg. 982 19.b OPINION OF VALUE Vacant Land , San Bernardino , CA 92404 0 0 E �IVV Q I co r II �wq lim 00 0 z w � U • Q H H Q vi • u Ea a c .N 0 m ea �a � . d E d 5D r� a co 4) N R L U a c m E • t v R THE INFORMATION CONTAINED HEREIN 6 OBTAINED FRC LEE& LEE & ASSOCIATES - SOURCES BEUEVEOTO BE RELIABLE.HOWEVER WE HAVEN Q I�& ASSOCIATES' ONTARIO , INC VRESFIETDIT ATAND MA KE THE COMPLETEN WARRANTIES REPRESENTATIONS AS TO THE COMPLETENESSOR ACCURA Phone : 9 0 9 9 8 9 .7 7 7 1 THEREOF,THE PRESENTATION OF THIS PROPERTYIS US- COMMERCIAL REAL ESTATE SERVICES FOREKAMPLE ANDES SUBMITTED SUBJECT TO ERRORS, OMISSIONS,PRIOR SAE OfPWCE OR CONDITIONS,AND 15 ONTARIO Corp ID : 00976995 SUf4ECT TO PRIORSAL Packet Pg. 983 19.6 OPINION OF VALUE Vacant Land , San Bernardino , CA 92404' 0 d V w Im Q d !a C R d En lQ i 7 a 00 f- Z Lu x ! E Q H Q rn o E cn v � a a� t • • • • NATION • S I LLEE& LEE & ASSOCIATES — THE C EO BELIEVE N CONTAINED HEREIN IS OBTAINED EF. SOURCES BELB:VEDTO BE RELIABLE.HOWEVER WE HAVE Oft ONTARIO , INC REPRESEVERIFNTATIONS AS IT AND TO HKE SE COMP ETENES$ORA UERA P h h e : THEREOF.THE PRESENTATION OF THIS PROPERTYIS USeu COMMERCIAL REAL ESTATE SERVICES ( 9 0 9) 9 8 9 . 7 7 7 1 FORERAMPLE AND 6 SUEt47 TED SUBJECT TO ERRORS, OMISSIONS,CHANGE OFr p OR CONDITIONS,AND 15 ONTARIO Corp ID : 0 0 9 7 6 9 9 5 SUBACTTORIORSALF, " Packet Pg. 984 19.b OPINION OF VALUE Vacant Land , San Bernardino , CA 92404 0 0 E 1_ a 1n N 1 2 3 ! 3 0 7 i f 10 11 12 Is 3 2 I M aG3 4d al 87 �6 ee 09 1! 11 )! N dr I 3 = 3! o rC) O fC u s c { In-lb N.►f I L!3 p '! w p _ " 4 7 GD C3 7) _) )I !) 1! p ► )� R r 27 26 _ 25 24 23 22 21 20 19 19 It 1i 13 13 l 5 _ ' � 1 U ►T f 10 ILY r0 � I TO 4{.!.Or 11.11 I /0 J7 L. , E1� 7 I 5 9 10 11 { 12 13 11 15 16 11 15 9 B 7 ` rta41 AC_tt fl I li If/a >!.l] 1 f0 a] •(/) �= s;a 0 -(51KH) —- -44NE - =- -= _ R I ° •a,u I x t) Ei 1 ��. Ifl f�y , 0`/ 0 32 31 30 29 2B I 27 26 25 2! 23 22 21 .� 20 19 10 P �� a° .M1 It 0 Q 71 Ia Y I if 16 a- ` n 1 of ]]t2 41 r: 10 31 a •r 36 37 T v f ) { /3 I 36 35 H _ , 5! sa 35 d o{ ), J) 1� s� 33 S3 — —5. i I m I V•f.lf a] L tl Lr a34l�!►•f6f ► ! ' I �'� R s _ f('0 —--— • -—I Al E*4K)- .. iii Ef l- � --�}`-� Q co4114"Y '43 2 cs C=? o 1! ) I) T5 S C U i� �I �� os G ! - 50 V c <a _ 2T .I 29 �� 29 30 31 32 52 5f s 21 22 23 24 25 26 I , I {J :Las" N ITS a r c m E ► S S 0 C I A T E S . C • M LOCAL • t • f CLASS = ca r LEE& LEE & ASSOCIATES — THE INFORMATION CONTAINED HEREIN S OBTAINED FRC < SOURCES BEUEVEDTO BE RELU18lE.HOWEVER,WE HAVE N, a AS50CIATES ONTARIO, INC REPRESVERIENTATIONED IT S ASpTO HE COMPLLE ENE590RA NBA THEREOF.THE PRESENTATION OF THIS PROPERTVS UStu COMMERCIAL REAL ESTATE SERVICES Phone : (9 0 9) 989 .777 1 FOREXAMPLE AND S SUBMITTED SUBJECT TO ERRORS, ONTARIO Corp ID : 0 0 9 7 6 9 9 5 SUBJECT CHANGE OFPRICE OR CONDITIONS,ANDS BJECT TO PRIOR SALE " Packet Pg.985 19.b OPINION OF VALUE Vacant Land , San Bernardino , CA 92404 L 0 E. L Q R OLA. N 1 ! ST �= TiS S7 1:5 � 123 S7 R. A.14 � i� 13 1E Il6J 13 fG 281 I a co ,) 12 I 17S) i 12 17 I ~ 1 iz} 11 to 5 I — 10 w I � _ 0; 10 0 '! 19 23 n 9 2 20 (E �.� es 9 2 20 Ca) I �' r I ( .0 00" 7 I 22 r t , 7 ( 22 32 to @5 6 23 I Uf E 23 33 a � L 4 � c I g i 3 2 1 0 5 (e 31 112) (t i j ,� T (O S} 1 fl (C 3) i t2 Ee li 1i.' I Ot EI G SR t a: ]G y I I � I to t0 O to Eo t v L a y C d LOCAL ' • t LEEQ p THE INFCRMATION CONTAW ED HEREIN IS OBTAINED FR Glc LEE & A S S O C I A T E S — SOURCES BEUEVEDTO BE RELIABLE HOWEVER WE HAVE N ASSOCIATES ONTARIO , INC VERIFIED R AND MAKE NOGUARANTEES,WARRANTIES( REPRESENTATIONS AS TO THE COMPLEIENESSORACCURA( THEREOF.THE PRESENTATION OF THIS PROPERTYIS USEu COMMERCIAL REAL ESTATE SERVICES Phone : (9 0 9) 989 .777 1 FORE%AMPLE AND IS SUBMTTTEOSUBIECT TO ERRORS, OMISSIONS,CHANGE OFPRICE OR CONDIAONS,AND IS ONTARIO Corp ID : 00976995 SUBJECT TO PRIOR SA-E, Packet Pg.986 19.b OPINION OF VALUE Vacant Land , San Bernardino , CA 92404 0 0 _ E L a R in r EM a K-A _ — co as�.0 ea.�s atl� 0 E � t Pin,, loi S z z w S 21 i5 G7 2 J7.. Ac. 2118 AC 4.11 AC. I 1 Q Ii Q {(19 1 I z. tri T11 70 Ii I i G I2L1.09 L 1 27:.1 1 f0 I ae AC. d8 I °' .s I to e I:j 7�t fs I 2 lSS.TS ' + D3 0T1 14 o I7� t00 1.00 a m _ In w .L V a _ m E • M LOCAL • • v tv & LEE St ASSOCIATES - THE INFORMATION CONTAINED HEREIN IS OBTAINED FRC SOURCES BEUEVEDTO BE REIIABLE HOWEVERWE HAVEN, QASSOCIATES ONTARIO , INC PRESEIEDNT T AND MAKE THE COMANTEES,WARRANTIES I .REPRESENTATIONS AS TO THE COMPLETENESSDRACCURA '"LEE THEREOF.THE PRESENTATION OF THIS PROPERTYIS USty M COMERCIAL REAL ESTATE SERVICES Phone : (9 0 9) 989 .777 1 FOREXAMPLE AND IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS,CHANGE OFPRICE OR CONDITIONS,AND 15 ONTARIO Corp ID : 0 0 9 7 6 9 9 5 SUBI ECT TO PRIOR SAL N Packet Pg. 987 i 1' 414/2017 Property Detail Report i DIGITAL MAP Pro{� Detail Report for: paooucrs L 0 2105 SUNRISE LN, SAN BERNARDINO, CA, 92404-5819 a� Owner Information: E Owner Name: SUCCESSOR AGENCY TO THE REDEVELOPMENT AG m Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 `an Vesting Code: GOVERNMENT Phone Number: Q ID �a Location Information: � Legal Description: TRACT 6647 LOT 24 c County: SAN BERNARDINO FIPS Code: 06071 Census TrctBlk: 007407/3 1191-051-55- rn APN: 1191-051-55 Alternative APN: 0000Map Ref: D4-577 Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: 6647 Legal Lot: 24 Legal Block: a Subdivison: 00 Last Market Sale Information: c Salo Date: 11/21/1997 Sale Price: 1st Mtg Amount: $21,250 Sale Doc No: 97-427398 Price Per SgFt: 1st Mtg IM Type: Transfer Doc No: 2016-0079352 Price Per Acre: 2nd Mtg Amount: $ Z 1"Mtg Doc No: 2nd Mtg Int Type: LU Sale Type: _ Deed Type: GRANT DEED/DEED OF TRUST Q Title Company: ORANGE COAST TITLE F— Lender: SEC HOUSING URBAN DEV F- Q Seller Name: SECRETARY OF HOUSING &URBAN DEV ur Property Characteristics: Building Area: 4,260 Total Rooms: Construction: _ Living Area: 4,260 Bedrooms: 8 Heat Type: Garage Area: Baths: 4 Air Cond: _ Basement Area: Fireplace: Roof Type: o Parking Type: No of Stories: 1 Roof Material: _ Yr Buiit/Effective: 1963/1964 Quality: Style: a� Pool Code: M R Tax and Value Information: 0 Assessed Value: $216,452 Assessed Year: 2016 Est Market Val: $330,000 Q Land Value: $21,645 Property Tax: $2,918 Assessor Appd Val: o Improvement Value: $194,807 Improvement%: 90 Tax Exemption: c m Site Information: E Assessor Acres: 0.22 Zoning: Land Use Code: 151 Assessor Lot SgFt: 9,438 No of Buildings: Land Use Desc: QUADRUPLEX Lot W/D: / Res/Comm Units: 4 County Use Code: 0605 Q Calculated Acres: 0.2167 Sewer T YPe� � Calculated Lot SgFt: 9,439 Water Type: v7 c m rn t v L a c a� E t htipJ/dcl.parcelstream.com/GetByKey.aspx?dataSource=SS.Prop.PropertyDetall/PropertyDetail&keyName=LOCATION_ID&keyVal ue=US_06_07 Packet Pg. 988 A 4142017 Property Detail Report DIGITAL MAPS o Property Detail Report for: 1` _ ar�aw L Mooucrs 2095 E 19TH ST, SAN BERNARDINO, CA, 92404-5827 = a� Owner Information: E Owner Name: REDEVELOPMENT AGENCY OF THE CITY OF SAN L Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 Q Vesting Code: GOVERNMENT Phone Number: Location Information: to Legal Description: TRACT 10353 LOT 21 County: SAN BERNARDINO FIPS Code: 06071 Census Trct/Blk: 007407/1 APN: 1191-031-23 Alternative APN: 1191-031-23- (n0000 Map Ref: D4 t Twnshp-Rage-Sect: -- Legal Book/Page: Tract No: 10353 Legal Lot: 21 Legal Block: Subdivison: Co Last Market Sale Information: Ln Sale Date: 9/15/2011 Sale Price: $240,000 1St Mtg Amount: $ Sale Doc No: 2011-0387872 Price Per SgFt: $56 191 Mtg Int Type: F- Transfer Doc No: 2016-0076522 Price Per Acre: $1,0D0,000 2nd Mtg Amount: $ Z LU 1St Mtg Doc No: 2nd Mtg Int Type: LU Sale Type: _ Deed Type: GRANT DEED/DEED OF TRUST U Q Title Company: INVESTORS TITLE COMPANY F- Lender: Q Seller Name: SALAS,ISMAEL;$ALAS,MARGARITA cu Property Characteristics: P Building Area: 4,285 Total Rooms: Construction: ti Living Area: 4,285 Bedrooms: 9 Heat Type: Garage Area: Baths: 5 Air Cond: N Basement Area: Fireplace: Roof Type: 0 Parking Type: No of Stories: 2 Roof Material: 2 Yr Built/Effective: 1979/1980 Quality: Style: Pool Code: M L Tax and Value Information: 0 Assessed Value: $254,650 Assessed Year: 2016 Est Market Val: $337,166 Q Land Value: $21,221 Property Tax: $3,406 Assessor Appd Val: Improvement Value: $233,429 Improvement%: 91.66 Tax Exemption: _ CD Site Information: E Assessor Acres: 0.24 Zoning: Land Use Code: 151 Assessor Lot SgFt: 10,220 No of Buildings: Land Use Desc: QUADRUPLEX Q Lot W/D: 1 Res/Comm Units: 4 County Use Code: 0605 Calculated Acres: 0.2345 Sewer Type: Calculated Lot SgFt: 10,215 Water Type: N c co d N R t U L 7 n. c d E t U f6 Q http://dcl.parceistream.com/GetByKey.aspx?dataSource=SS.Prop.PropertyDetaiI/PropertyDetaii&keyName=LOCATION ID&keyVcAue=US 06 074 IA�4MI� Packet Pg. 989 19.b 44/2017 Property Detail Report Property Detail Report for: DIGITAL MAP' PRODUCTS L 0 w 2116 SUNRISE LN, SAN BERNARDINO, CA, 92404-5820 aD Owner Information: E Owner Name: REDEVELOPMENT AGENCY OF THE CITY OF SAN ami Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 Q Vesting Code: GOVERNMENT Phone Number: Location Information: in Legal Description: TRACT 6647 LOT 14 = County: SAN BERNARDINO FIPS Code: 06071 Census Trct/Blk: 007407/1 ail 1191-051-45- rn APN: 1191-051-45 Alternative APN: Map Ref: D4 0000 Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: 6647 Legal Lot: 14 Legal Block: p- Subd"on: 00 Last Market Sale Information: c Sale Date: 12/16/2011 Sale Price: $20,000 131 Mtg Amount: $ Sale Doc No: 2011-0533575 Price Per SgFt: 1s'Mtg Int Type: Transfer Doc No: 2016-0076522 Price Per Acre: $90,909 2nd Mtg Amount: $ W 1st Mtg Doc No: 2nd Mtg Int Type: Sale Type: _ Deed Type: GRANT DEED/DEED OF TRUST U Title Company: CHICAGO TITLE COMPANY Lender: Q Seller Name: DOMISCH,JOHN W;DOMISCH,SHELA M rri Property Characteristics: Building Area: Total Rooms: Construction: Living Area: Bedrooms: Heat Type: _ Garage Area: Baths: 0 Air Cond: N Basement Area: Fireplace: Roof Type: Parking Type: No of Stories: Roof Material: 2 Yr Built/Effective: / Quality: Style: Pool Code: f6 Tax and Value Information: o Assessed Value: $21,167 Assessed Year: 2016 Est Market Val: Q Land Value: $21,167 Property Tax: $420 Assessor Appd Val: Improvement Value: Improvement%: Tax Exemption: _ m Site Information: E Assessor Acres: 0.22 Zoning: Land Use Code: 450 i Assessor Lot Sq Ft: 9,400 No of Buildings: Land Use Desc: MULTI FAMILY Q ACREAGE Lot W/D: 1 Res/Comm Units: County Use Code: 0000 R Calculated Acres: 0.2165 Sewer Type: N Calculated Lot SgFt: 9,431 Water Type: M c co a� rn R U a. c a� E http://dcl.parcelstream.com/GetByKey.aspx?dataSource=SS.Prop.PropertyDetaiVPropertyDetaiI&keyName=LOCATION_ID&key\MLie=US 06 07 Packet Pg.990 4/4!2017 Property Detail Report 14 DIGITAL MAPj eeera,pp^ta Property Detail deport for- 2131 0 2131 SUNRISE LN, SAN BERNARDINO, CA, 92404-5856 = a� Owner Information: E Owner Name: REDEVELOPMENT AGENCY OF THE CITY OF SAN m Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 Vesting Code: GOVERNMENT Phone Number: Q a� Location Information: Legal Description: TRACT 6647 LOT 22 c County: SAN BERNARDINO FIPS Code: 06071 Census TrctBlk: 007407/3 APN: 1191-051-53 Alternative APN: 1191-051-53- Map Ref: D4-577 0000 Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: 6647 Legal Lot: 22 Legal Block: a Subdivison: 00 Last Market Sale Information: U) Sale Date: 9/1912011 Sale Price: $96,600 1St Mtg Amount: $ Sale Doc No: 2011-0391656 Price Per SgFt: $23 1St Mtg Int Type: Transfer Doc No: 2016.0076522 Price Per Acre: $438,636 2"d Mtg Amount: $ Z 19t Mtg Doc No: 2nd Mtg Int Type: uj Sale Type: 2 Deed Type: GRANT DEEDIDEED OF TRUST U Title Company: INVESTORS TITLE COMPANY H Lender: Q Seller Name: ARCE,CARLOS LIZARDO;ARCE,CARLOS tri Property Characteristics: Building Area: 4,260 Total Rooms: Construction: a Living Area: 4,260 Bedrooms: 8 Heat Type: rn Garage Area: Baths: 8 Air Cond: N Basement Area: Fireplace: Roof Type: o Parking Type: No of Stories: 1 Roof Material: _ Yr Built/Effective: 1963/1964 Quality: Style: m Pool Code: Z cu L Tax and Value Information: o Assessed Value: $127,325 Assessed Year: 2016 Est Market Val: $204,333 Q Land Value: $21,221 Property Tax: $1,780 Assessor Appd Val: o Improvement Value: $106,104 Improvement%: 83.33 Tax Exemption: w 0 Site Information: E Assessor Acres. 0.22 Zoning: Land Use Code: 151 Assessor Lot SgFt: 9,438 No of Buildings: Land Use Desc: QUADRUPLEX Q Lot W/D: 660/1430 Res/Comm Units: 4 County Use Code: 0605 m Calculated Acres: 0.2167 Sewer Type: Calculated Lot SgFt: 9,439 Water Type: c ca CD ca U L LCL N Q� E U a http://dcl.pareelstream.com/GetByKey.aspx?dataSourGe=SS.Prop.PropertyDetail/PropertyDetail&keyName=LOCATION ID8key\/alue=US 06 07 Packet Pg. 991 19.b 414/2017 Property Detail Report Property Detail Report for: t DIGITAL.MAP,e�atiippirg PRODUCTS L O 2055 SUNRISE LN, SAN BERNARDINO, CA, 92404- Y c a� Owner Information: E Owner Name: REDEVELOPMENT AGENCY OF THE CITY OF SAN a� Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 Vesting Code: GOVERNMENT Phone Number: Q a> Location Information: v7 Legal Description: TRACT 6647 LOT 29 a c County: SAN BERNARDINO FIPS Code: 06071 Census Trct/Blk: 007407/3 APN: 1191-051-60 Alternative APN: 1191-051-60- Map Ref: D4 R 0000 s Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: 6647 L) Legal Lot: 29 Legal Block: ti Subd"on: 00 Last Market Sale Information: Ln Sale Date: 112712012 Sale Price: $20,000 111 Mtg Amount: $ Sale Doc No: 2012-0034546 Price Per Sq Ft: 1st Mtg Int Type: Transfer Doc No: 2016-0076522 Price Per Acre: $90,909 2nd Mtg Amount: $ Z 1st Mtg Doc No: 2nd Mtg Int Type: LLI Sale Type: _ Deed Type: GRANT DEED/DEED OF TRUST U Title Company: FIRST AMERICAN TITLE COMPANY F- Lender: Q Seller Name: RUIZ FUENTEVILLA,SIEGFRIED M rri Property Characteristics: Building Area: Total Rooms: Construction: _ Living Area: Bedrooms: Heat Type: rn Garage Area: Baths: 0 Air Cond: _ W Basement Area: Fireplace: Roof Type: o Parking Type: No of Stories: Roof Material: _ Yr BuilUEffective: ! Quality: Style: a> Pool Code: Z cc L Tax and Value Information: o Assessed Value: $21,221 Assessed Year: 2016 Est Market Val: Q Land Value: $21,221 Property Tax: $421 Assessor Appd Val: o Improvement Value: Improvement%: Tax Exemption: c d Site Information: E Assessor Acres: 0.22 Zoning: Land Use Code: 450 y Assessor Lot SgFt: 9,438 No of Buildings: Land Use Desc: MULTI FAMILY L ACREAGE Q Lot W/D: ! Res/Comm Units: County Use Code: 0000 CD Calculated Acres: 0.2167 Sewer Type: «s N Calculated Lot SgFt: 9,439 Water Type: -a c cc m rn t L a C m E t http://dcl.parceistream.com/GetByKey.ar,px?dataSoLrce=SS.Prop.PropertyDetaiI/PropertyDetail&keyNama=LOCATION ID&keyValue=US 06 07 Packet Pg. 992 Ebb a 4/412017 Property Detail Report Property Detail Report for: PRODUCTS DIGITAL MAP�e�„a�,pa„� o 0 2045 SUNRISE LN, SAN BERNARDINO, CA,92404-5817 a� Owner Information: E Owner Name: REDEVELOPMENT AGENCY OF THE CITY OF SAN a) d Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 rn Vesting Code: GOVERNMENT Phone Number: Q m Location Information: ra Legal Description: TRACT 6647 LOT 30 -a c County: SAN BERNARDINO FIPS Code: 06071 Census Trct/Blk: 007407/3 APN: 1191-051-61 Alternative APN: 1191-051-61- Map Ref: D4 0000 Twns hp-Rnge-Sect: -- Legal Book/Page: Tract No: 6647 Legal Lot: 30 Legal Block: a Subd"on: 00 Last Market Safe Information: c U) Sale Date: 1/27/2012 Sale Price: $20,000 181 Mtg Amount: $ Sale Doc No: 2012-0034547 Price Per SgFt: 1s'Mtg Int Type: Transfer Doc No: 2016-0076522 Price Per Acre: $90,909 2"d Mtg Amount: $ Z 15r Mtg Doc No: 2nd Mtg Int Type: LU Sale Type: _ Deed Type: GRANT DEED/DEED OF TRUST Q Title Company: FIRST AMERICAN TITLE COMPANY Lender: ~ Q Seller Name: RUIZ FUENTEVILLA,SIEGFRIED M vi d Property Characteristics: Building Area: Total Rooms: Construction: d Living Area: Bedrooms: Heat Type: 0) Garage Area: Baths: 0 Air Cond: E Basement Area: F ireplace: Roof Type: C Parking Type: No of Stories: Roof Material: _ Yr BuitUEffective: / Quality: Style: m _ Pool Code: Z ca E. E. Tax and Value Information: o Assessed Value: $21,221 Assessed Year: 2016 Est Market Vat: Q Land Value: $21,221 Property Tax: $421 Assessor Appd Val: o Improvement Value: Improvement%: Tax Exemption: Y c d Site Information: E Assessor Acres: 0.22 Zoning: Land Use Code: 450 y Assessor Lot SgFt: 9,438 No of Buildings: Land Use Desc: MULTI FAMILY ` ACREAGE Q Lot WD: l Res/Comm Units: County Use Code: 0000 a) Calculated Acres: 0.2167 Sewer Type: R N Calculated Lot SgFt: 9,439 Water Type: a c ca m t U a c a� E s U fC Q http://dcl.parceistream.com/GetByKey.asp(?dataSource=SS.Prop.PropertyDetaii/PropertyDetail&keyName=LOCATION_ID&key\/Aue=US 06_07 ." Packet Pg.993 19.b 4/412017 Property Detail Report Property Detail Report for: � PRODUCDIGITrS MAP' BtyendAtfPW�B f�oc►ucr L 0 2182 SUNRISE LN, SAN BERNARDINO, CA, 92404-5830 a� Owner Information: E Owner Name: REDEVELOPMENT AGENCY OF THE CITY OF SAN m m L Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 Vesting Code: GOVERNMENT Phone Number: Q m Location Information: rn Legal Description: TRACT 6969 LOT 9 c County: SAN BERNARDINO FIPS Code: 06071 Census Trct/Blk: 007407/1 1191- APN: 1191-051-66 Alternative APN: 051-66- Map Ref: D4-5770000 s Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: 6969 Legal Lot: 9 Legal Block: d Subdivison: eo Last Market Sale Information: Sale Date: 7120/2011 Sale Price: $209,500 ise Mtg Amount: $ Sale Doc No: 2011-0293651 Price Per SgFt: $57 1gr Mtg Int Type: Transfer Doc No: 2016-0076522 Price Per Acre: $872,917 2"d Mtg Amount: $ Z 1st Mtg Doc No: 2"d Mtg Int Type: Sale Type: _ Deed Type: GRANT DEEDIDEED OF TRUST U Title Company: SERVICELINK Lender: Q Seller Name: CITIBANK N A,;JPMORGAN CHASE BANK NATIONAL ASSOCIATION, Property Characteristics: - Building Area: 3,648 Total Rooms: Construction: _ Living Area: 3,648 Bedrooms: 8 Heat Type: a> Garage Area: Baths: 8 Air Cond: � N Basement Area: Fireplace: Roof Type: o Parking Type: No of Stories: 2 Roof Material: _ Yr Built/Effective: 1964/ Quality: Style: a� Pool Code: L Tax and Value Information; ,o Assessed Value: $221,864 Assessed Year: 2016 Est Market Val: $294,166 Q Land Value: $21,221 Property Tax: $2,987 Assessor Appd Val: o Improvement Value: $200,643 Improvement%: 90A3 Tax Exemption: Z c xv Site Information: E Assessor Acres: 0.24 Zoning: Land Use Code: 151 y Assessor Lot Sq Ft: 10,506 No of Buildings: Land Use Desc: QUADRUPLEC� Lot W/D: / Res/Comm Units: 4 County Use Code: 0605 Q Calculated Acres: 0.2421 Sewer Type: xa Calculated Lot SgFt: 10,546 Water Type: rn c xa m N L V L 3 a c xu E http://dcl.parceistream.com/GetByKey.aspx?dataSource=SS.Prop.PropertyDet:il/PropertyDetail&keyName=LOCATION ID&keyVaiue=US 06 07 Packet Pg.994 19.b 4!72017 Property Detail Report Property Detail Report for; DROIfa�MAPS�a�p�� PRODUCTSL 0 1238 N D ST, SAN BERNARDINO, CA,92405-4735 a� Owner Information: E Owner Name. SUCCESSOR AGENCYIRDA CITY OF SN BNDO a0i L Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 Vesting Code: GOVERNMENT Phone Number: y Ta Location Information: N Legal Description: FUSSELLS SUB LOTS 8 AND 9 BLK 34 R S B LOT 22 AND N 6 FT LOT 23 BLK 1 c County: SAN FIPS Code: 06071 Census TrctBlk: 005500/2 BERNARDINO N APN: 0145-242-32 Alternative APN: 0145-242-32- Map Ref: G5-576 0000 �s Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: U Legal Lot: 22 Legal Block: 34 0- Subdivison: FUSSELLS SUBDIVISION RSB 00 Last Market Sale Information: ►!r, Sale Date: 12/3/2014 Sale Price: 1 st Mtg Amount: Sale Doc No: 20140463053 Price Per SgFt: 18t Mtg Int Type: ~ Transfer Doc No: 2014-0463053 Price Per Acre: 2nd Mtg Amount: W 19t Mtg Doc No: 2nd Mtg Int Type: Sale Type: U Deed Type: Q H Title Company: F- Lender: Q Seller Name: ui m Property Characteristics: _ Building Area: Total Rooms: Construction: d Living Area: Bedrooms: Heat Type: c Garage Area: Baths: 0 Air Cond: N Basement Area: Fireplace: Roof Type: 0 Parking Type: No of Stories: Roof Material: 2 Yr Built/Effective: J Quality: Style: Pool Code: E L Tax and Value Information: 12 Assessed Value: Assessed Year: 2015 Est Market Val: Q Land Value: Property Tax: Assessor Appd Val: o Improvement Value: Improvement%: Tax Exemption: _ Site Information: E m Assessor Acres: 0.18 Zoning: Land Use Code: 465 Assessor Lot SgFt: 7,786 No of Buildings: Land Use Desc: RESIDENTIAL Q LOT Lot W/D: I Res/Comm Units: County Use Code: 0000 Calculated Acres: 0.1799 Sewer Type: to Calculated Lot SgFt: 7,836 Water Type: m N N ca L U L a y c a� E U f6 ,a Q httpJ/dcl.parceistream.com/GetByKey.aspx?dataSource=SS.Prop.PropertyDetaJI/PropertyDetail&keyName=LOCATION_ID&keyValue=US_06 07 Packet Pg. 995 19.b 4/7!2017 Property Detail Report Property Detail Report for: DIGITPRODUC S MAPS e�d�aw�o L 0 SAN BERNARDINO, CA,92405- _ m Owner Information: E Owner Nam: REDEVELOPMENT AGENCY CITY OF SB d Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 Q Vesting Code: GOVERNMENT Phone Number: m R Location Information: C0 Legal Description: FUSSELLS SUB LOTS 8 AND 9 BLK 34 R S B LOT 23 BLK 1 EX N 6 FT THEREOF c County: SAN FIPS Code: 06071 Census TrctBk: 005500/2 y BERNARDINO APN: 0145-242-33 Alternative APN: 00 242-33- Map Ref: G5-576 s U Twns hp-Rnge-Sect: -- Legal Book/Page: Tract No: Legal Lot: Legal Block: a Subdivison: 00 Last Market Sale Information: fLf)i Sale Date: 1 21312 01 4 Sale Price: 1st Mtg Amount: Sale Doc No: 20140463052 Price Per Sq Ft: 1st Mtg Int Type: Transfer Doc No: 2014-0463052 Price Per Acre: 2nd Mtg Amount: W 1st Mtg Doc No: 2nd Mtg Int Type: Sale Type: _ Deed Type: U Q Title Company: Lender: Q Seller Name: rn Property Characteristics: Building Area: Total Rooms: Construction: _ Living Area: Bedrooms: Heat Type: c Garage Area: Baths: 0 Air Cond: y Basement Area: Fireplace: Roof Type: 0 Parking Type: No of Stories: Roof Material: _ Yr Built/Effective: / Quality: Style: Pool Code: M 0 L Tax and Value Information: ,0 Assessed Value: Assessed Year: 2016 Est Market Val: $137,333 Q Land Value: Property Tax: Assessor Appd Val: Improvement Value: Improvement W Tax Exemption: m Site Information: E Assessor Acres: 0.15 Zoning: Land Use Code: 465 Assessor Lot SgFt: 6,655 No of Buildings: Land Use Desc: RESIDENTIALLOT Q Lot W/D: I Res/Comm Units: County Use Code: 0000 Calculated Acres: 0.1534 Sewer Type: U) Calculated Lot SgFt: 6,682 Water Type: _ R m rn tv t U L a c d E http://dcl.parcelstream.com/GetByKey.aspx?dataSowce=SS.Prop.Proper(yDetail/PropertyDetail&keyN ame=LOCATION_ID&keyValue=US_06_07 Packet Pg. 996 19.b Alf 2017 Properly Detail Report Property Detail Report for: �"�DIGITAL MAP �a��a� CD 0 w SAN BERNARDINO, CA, 92404- Owner Information: E Owner Name: REDEVELOPMENT AGENCY CITY OF SAN BERN ai Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 Q Vesting Code: GOVERNMENT Phone Number: m �a Location Information: CO Legal Description: ORANGE GROVE TRACT PTN LOT 6 BLK 21 DESC AS COM 400 FT N OF INTERSECTION CEN LI DEL ROSA AVE AND LEMON ST TH W TO W LI SD LOT CD County: SAN FIPS Code: 06071 Census TrcttBlk: 006100/4 BERNARDINO t APN: 0155-101.08 Alternative APN: 0155-101-08- 0000 Map Ref: C1-577 i Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: a Legal Lot: Legal Block: Subdivison: o 0 Last Market Sale Information: Sale Date: 12/3/2014 Sale Price: 12t Mtg Amount: Sale Doc No: 20140463050 Price Per SgFt: 1 st Mtg Int Type: Z Transfer Doc No: 2014-0463050 Price Per Acre: 2nd Mtg Amount: W 191 Mtg Doc No: 2nd Mtg Int Type: _ Sale Type: U Deed Type: H Title Company: Q Lender: Seller Name: rn U Property Characteristics: a Building Area: Total Rooms: Construction: Living Area: Bedrooms: Heat Type: c Garage Area: Baths: 0 Air Cond: Basement Area: Fireplace: Roof Type: 0 2 Parking Type: No of Stories: Roof Material: a) Yr Built/Effective: / Quality: Style: Pool Code: 0 Tax and Value Information: a Assessed Value: Assessed Year. 2016 Est Market Val: o Land Value: Property Tax: Assessor Appd Val: Improvement Value: Improvement W Tax Exemption: _ N E Site Information: m a� Assessor Acres: 0.36 Zoning: Land Use Code: 465 Assessor Lot SgFt: 15,769 No of Buildings: Land Use Desc: RESIDENTIAL Q LOT a, Lot W/D: 900/1750 Res/Comm Units: County Use Code: 0000 Calculated Acres: 0.9156 Sewer T N Ype� M Calculated Lot SgFt: 39,884 Water Type: _ m to m U a a� E s �a a http://del.parcelstream.com/GetByKey.aspx?dataSource=SS.Prop.PropertyDetAI/PropertyDetaiI&keyNarne=LOCATION_ID&key\a4ue=US 06_07 Packet Pg. 997 19.b OPINION OF VALUE Vacant Land , San Bernardino , CA 92404 0 w 0 E 0 L Executive Summary _ M L a 00 0 In Z w U Q H H Q rri y as _ .N 0 2 m La L 0 Q 0 m E m m L Q _d M _ d T,) L a _ m E WWW. LEE - ASSOCIAT ES . CO M LOCAL • t THE LD FR EE& LEE & ASSOCIATES - SOURCES RMAIlDTO BE RELIABLE. HED EW VER WENEVEN SOU RCFS BEUEVEDTO BE RELIABLE HOWEVER WE HAVE N'@" ASSOCIATE 5ERIFIED IT AND MAKE NOGUARANTEES,WARRANTIES ONTARIO , INCI N C REPRESENTATIONS ASTOTHE COMPLETENESSORACCURA THEREOF.THE PRESENTATION OF THIS PROPERTYIS USED COMMERCIAL REAL ESTATE SERVICES Phone : (9 0 9) 989 .777 1 FOREXAMPLE AND 6 SUBMITTED SUBJECT TO ERRORS, OMISSIONS,CHANGE OFPRICE OR CONDITIONS ANC IS ONTARIO Corp ID : 0 0 9 7 6 9 9 5 SUBJECT TOPRIORSAL Packet Pg.998 — rrrrrrrr__, 19.b Co April 10, 2017 Ms. Lisa Connor, Project Manager Successor Agency to the Redevelopment Agency L a� City of San Bernardino a 201 North E Street, Suite 301 R San Bernardino, California 92401 N Re: Opinion of Value Vacant Residential Land, San Bernardino, CA Ms. Connor: a Pursuant to your request, we have prepared the following report regarding our opinion of value °r° for the above referenced property. We have utilized the market approach to value for this analysis. The Subject Properties consist of 10 vacant residential lots ranging in size from approximately W 0.15 to 0.92 acres(or 6,534 to 40,075 square feet). All 10 Subject Properties have curb, sidewalk and access to major utilities. The Subject Properties are also located in mostly developed areas, a making them more desirable as"infill" development locations. a Vacant residential lot numbers 1 through 7, as listed on Exhibit A, are zoned Residential Medium High (RMH). The RMH zoning, where the minimum lot size is 7,200 square feet, is intended to promote the development of detached and attached units, duplex, mobile home parks, and small a lot subdivisions as part of a planned residential development where the intent is to consolidate lots to achieve maximum open space. The maximum density is 8 units per net acre. Vacant = residential lot numbers 8 through 10 are zoned Residential Medium (RM). The RM zoning,where Z the minimum lot size is 14,400 square feet, is intended to promote the development of multi-family = townhomes, condominiums, and apartments. The maximum density is 12 units per net acre. Comparable residential land sales in the last 6 months ranged from $0.77 to $4.62 per square c foot. The average of comparable sales is $2.50 per square foot. The low end of the range a represents land that is "raw" and unimproved, while the high end represents pads that are o improved for immediate development. Z m For comparable residential land in the market, asking prices currently range from $1.50 to $6.00 E per square foot. The average asking price is $3.28 per square foot. We expect these properties to sell below the average asking price, due to a surplus of comparable properties available for a sale in the market, and rising construction costs set against flat housing prices. The average asking price of $3.28 per square foot vs. the average sales comparable of$2.50 per square foot reflects a 23.8% decline from average asking price to average sales comparable, which is a trend that is in line with our expectations for the current San Bernardino vacant residential land market. a� Given comparable land sales in the local area and current available properties, combined with the current condition of the subject properties, we believe the market value is as follows: IL Market Approach to Value: $2.50 per square foot E s U o a Packet Pg.999 Page 2 L 0 w Also, enclosed you will find the following; E a� 1. Property profiles. 2. Aerials and tax maps of the Subject Properties a 3. Available residential land for sale in San Bernardino 5,000—50,000 sf 4. Residential land'sale comparables in San Bernardino 5,000—50,000 sf to We appreciate the opportunity to provide you with this report. Please do not hesitate to call with any questions. U Sincerely, ; Lee$Associates -Ontario a co Cody J. Wolf Chris G. Morrell Associate Associate z UU 909.373.2916 909.373.2721 x U I � Q vi k el Kub sty Broker 909.989.7771 Lic#00933602 c .N 3 O 2 O .Q tt! .a L Q Q r r _ E L t� a d d N R t V L 3 a _ m E All information contained herein is obtained from sources believe to be reliable.However,we have not verified it and make no guarantees, warranties or representations as to the completeness or accuracy thereof.The presentation of this property is used for example and is submitted subject to errors,omissions,change of price or conditions,and is subject to prior sale,lease or withdrawal without notice.No liability of any kind is to be imposed on the agents or broker herein.The authors of this letter are not licensed appraisers. Packet Pg. 1000 19.b OPINION OF VALUE Vacant Land , San Bernardino , CA 92404 L 0 W _ E Exhibit A a R co Address Lot Size Lot Size r , � R m rn 1 � L 0- 1 1 1191-051-55 2105 Sunrise Ln 0.22 9,583 $2.50 $23,957.50 Do T-- Co 2 1191-031-23 2095 E 19t` St 0.23 10,019 $2.50 $25,047.50 z w 3 1191-051-45 2166 Sunrise Ln 0.22 9,583 $2.50 $23,957.50 a a 4 1191-051-53 2131 Sunrise Ln 0.22 9,583 $2.50 $23,957.50 a a a, 5 1191-051-60 2055 Sunrise Ln 0.22 9,583 $2.50 $23,957.50 E- 0 0 x m 6 1191-051-61 2045 Sunrise Ln 0.22 9,583 $2.50 $23,957.50 L 0 7 1191-051-66 2182 Sunrise Ln 0.24 10,454 $2.50 $26,135.00 0 a� 8 0145-242-32 1238 N "D" St 0.18 7,841 $2.50 $19,602.50 d a� L a ID 9 0145-242-33 N"D" St 0.15 6,534 $2.50 $16,335.00 in _ a 10 0155-101-08 N Del Rosa Ave 0.92 40,075 $2.50 $100,187.50 2 L a as E • • NATIONAL t ca r p THE INFORMATION CONTAINED HEREIN IS OBTAINED FRC & Q LEE& LEE ASSOCIATES - SOURCES BEU VEDTO BE RELIABLE HOWEVER WE HAVE N NTIES ASSOCIATES ONTARIO, INC REPRESENTATIONS FIED IT AS TO THE COMP ETENNESS RRACCURP _ THEREOF.THE PRESENTATION OF THIS PROPERTY 15 USED COMMERCIAL REAL ESTATE SERVICES Phone : (9 0 9) 989 .777 1 FORERAMPLE AND IS SUBMIIIED SUBJECT TO ERRORS. ONTARIO Corp I D : 00976995 OMISSIONS, TO PRIOR CHA OFPRICF OR CONDITIONS,AND IS SUBJECT TO PRIOR SALE Packet Pg. 1001 OPINION OF VALL'�Y' Vacant Land , San Bernardino , CA 924041 0 d E L Available Properties co For Sale r L a 00 0 H Z W 2 U Q N H a _N C .N 3 O 2 d to L O Q O r r� C O E N GN L a d C 4) N R t V L 3 a c m WWW. LEE - ASSOCIATES . COM LOCAL . • E r p THE INFORMATION CONTAINED HEREIN 15 OBTAINED FF LEE& LEE ° ASSOCIATES - SOURCES BEUEVEOTO BE REUABLE.HOWEVER WE HAVE ASSOCIATES' ONTARIO, I N C VERIFTfD BANS AS TO TOGUARANTEES,WARRANTIES REPRESENTATIONSAS ENTHECN FTHENESSOR TYIS LU THEREOF.THE PRESENTATION OF THIS PROPERTY 15 U COMMERCIAL REAL ESTATE SERVICES Phone : (9 0 9) 989 .777 1 FOREIIAMPLE AND IS SUBIAOMED SUBJECT TO ERRO-, OMESSIONS,CHANGE OFPRICE OR CONOMONS,AND IS ONTARIO Corp I D : 0 0 9 7 6 9 9 5 SUB)ECT TO PRIOR SALE,LEASE OR WRHDRAWALWITHOUT Packet Pg. 1002 w� J J .7�] Ll . !O -Mi J J J J J J LlJ g f f f £ F E f f S f Y f f UUUUl.7C.7UU l.1U UU U (.1u C r L O E d 9D L a O � r^,IC^Ot0Db0low 00000aM CI to MLnM0 In 94 N0NCa y 7 N yj 1111J v f0 o Oo q/ 000000001000 n, i (V OODOp000000001QQQ CL Ra! yN M la000oma co N '1M in,Ln,OlaNNnaMMF I ii} K iR a•• Yl V1-N iA 00 r aa W) O O Z O aaaaaaaaaaaaaaa O ^ ^ ^ ^ ^ ^ N^ ^ ^ ^ ^ ^ ^ h O LO NNNNNNNNNNNNNNN Q = I U O a tOA itwnlim is is Is ism Lc to 0 O .° G u_ IL dc w� >O a� c zI- m N .+ m ' � z � � ao�uzi » m co 2 otlii:° c COL r CU d G � E AC pC 7C d m z t9 �p O CN O o 0 0 0 0 n M N 0 0 0 0 N N E Q J N a Iyn C C O L N Nd = co E 000coacocec0000 � 0' Q � 5g5555555555g5 �H a M O y aaaaaaaaaaaaaaa �- �v0In cv a InNa ^ ^ N� ~ , IN �PaIA 10 7 IA� w0 ctcoC (Hp FG 0 W 9 w A� o � a � U C am M. rnrn rnrnal t L 0 L L V ZI U U � U U U O O D U U Q 3 3 3 u u 3 3 u u u 3 3 u u u G/ d z z z a` a z z a a a z Z a 0.a a Packet Pg. 1003 OPINION OF VALLf' Vacant Land , San Bernardino , CA 92404 0 E d Completed Sale Transactions _ N R t V 3 a co 0 LT r Z CW G 2 U Q N F- Q vi a� _ .N 3 O 2 O Ip E. L O W Q Q r b+ _ E V Q Cn _ d to R3 .0 V L a _ a� e eLOCAL EXPERTISE NAT IONAL REACH WORLD s THE INFORMATION CONTAINED HEREIN IS OBTAINED FI LEE & LEE & ASSOCIATES — SOURCES BE IEVEDTO BE RELIABLE.HOWEVER WE HAVE, ASSOCIATESERIFIED IT AND MAKE NOGUARANTEES,WARRANTIES O N T A R I O, INCI N C REPRESENTATIONS AS TO THE COMPLETENESSOR ACCURI THEREOF.THE PRESENTATION OF THIS PROPERTY IS US COMMERCIAL REAL ESTATE SERVICES Phone : (9 0 9) 989 . 777 1 FOREXAMPLEAND IS SUBMITTED SUBJECT TO ERROKS, OMI$$JONS,CHANGE OFPRICEOR CONDITIONS,AND IS ONTARIO Corp I D : 0 0 9 7 6 9 9 5 SUBJECT TO PRIOR SALE,LEASE OR WRHDRAWALWRHOUT Packet Pg. 1004 19.b Co L U U U U V f U V U U U U U U U U U U U C C� C CD w w w n w w n w n w w w w w to w n w w w w n w w w ` tm � N N O O O « (n O O fC U o oS p o 0 o g $ o 0 0 0 o d o o o g o S N Q v1 Ln O O O O O vl O 00 v7 N O O N O N O O v1 O N O O m N N V1 N M N w N N N N 'd a M N m a N N N M 't d N E � t O V o L J ,a a CD y o o h o 0 o N O o 0 o W °5 0 p o 0 0 '^ I. MQ ? 00 OWD n „� O vl O W N t0 tD O O O Oi O+ Lf) « o M h h 3 m N `� N M M Q O p O O O p O O O O O O O O D O O O O O O O r Ci Lp SW Q 0 1ND�� �ryOJ� N V'I NI (f�� nl (t'.f1�� 1s`�� A « teDY�� WNJ� 141 n 04 Co [« w1 « ` N Y�1 � o U Q O du NM Opp7 OOO O Ll Q O O O O O O O N c O O O O O O O O O O O O O O O O O O w O ) Q v1 v1 O O C O O v1 m O O O D C O vl O O Ln #Q U w w N N N M M m 0 'D M M O « a s O N ut n W N w w w Q In Vl to U) w w w w w w w w w w w +» u' w w w w w w w w w w _ L C Q A a C C 6 m O Wu W U) U) W W y m VI U m N _ N c a� J GC K O C CC 1' a' Z c > w w w a o C O U F O O O O O O O ❑ O O O O O O O O O O ❑ ❑ O O O O _ Vt t!1 N t~n 1~ll N i~li N f~/l N f~!7 VI N N NN V) (~!I N N N y U~) N > d C o G t V d o n n n n n n n n n n n n n n n n h n g n n ; O Q N N N N N N N N N N N N N N N N N N N N N N N N N CO V aw Q C od C ro J m m m m m m m m m m m m m z o m m m m m m m m m m m U 0 0 U) (n U) 0 N m N U) U) w w m N U) w 0 U) in m 0 N N y o1 a" O c E O C!^ d c mo L oE Li d A ou 0ly c s c E O U 9 D m o a tlf y} O O W 3 O+ O. O O O 3p ?j O 3 N O N 2 N D NO >�p L H uNN Lnfir O O N M N a Ch N N « « N Y d O O _ U) 0 U) m U) U) 0 N (1 N U) U) Ln N N () w o U) (n U) N o o w A �A E 7 I� « O M w N w M N �O N .� a M r V V W w T 0 w W O M N N N a w .M-+ OOi Q� 01 v1 « M O� h O O O N N O tC1 ti O w N IA O v1 0 ti M N N N w N M N '1 O O O �-� .moi N h of mo M v .n-� w w ,�.� C IOo w w w N « « « to > > « > w w > y ««>. 3 j U V v W (n N r>., N V CJ U .>. W O ❑ « « U W O Q< Packet Pg. 1005 OPINION OF VALLP' Vacant Land , San Bernardino , CA 92404 0 E L a Qualifications U) _ L a co 0 E) Z w x U Q H H a _N _ .N O 2 d R E. L O a 0 r _ d E d G) L tm a d U) _ R a� to t U L CL _ WWW . LEE - ASS m OCIAT ES . COM • . E s THE INFORMATION CONTAINED HEREIN IS OBTAINED FR LEE LEE & ASSOCIATES - SOURCES BELIEVEDTO BE RELIABLE.HOWEVER WE HAVE h ASSOCIATES. VERIFIED R AND MAKE NOGUARANTEES,WARRANTIES J ONTARIO , INC KPRESENTATIONS AS TO THE COMPLETENESSOR ACCURA THEREOF.THE PRESENTATION OF THIS PROPERTY IS US COMMERCIAL REAL ESTATE SERVICES Phone : (9 0 9) 989 . 777 1 FORERAMPLEANDIS SUBMITTED SUBJECT TO ERRO-, OMISSIONS,CHANGE OFPRICE OR S,ANU 15 ONTARIO Corp ID : 00976995 SUBJECT TO PRIOR SALE LEASEORWITHODRAWALWITHOUT Packet Pg. 1006 AI 9 U I Specializing in 1 INDUSTRIAL, LAND INVESTMENT brokerage o PROFILE Chris Morrell has been an industrial broker with Lee&Associates for 9 years. Chris = specializes in the sale and leasing of industrial properties in the Inland Empire. Chris E emphasizes a value-add approach to each assignment,implementing a customized strategy for L each client. Chris specializes in the origination,structuring and assemblage of land for major Q institutions and provides advisory and brokerage services for firms in the acquisition of m regional warehouse and manufacturing facilities. in CAREER SUMMARY Chris Iriorrell Mr.Morrell began his industrial brokerage career under the tutelage of Lee-Ontario's perennial y top producer,Joe McKay. Today,Chris focuses on providing an array of real estate advisory v Associate services to assist local and national firms with the resources and capabilities necessary in the License 1D4 01410974 office 909.373.2721 acquisition and disposition of distribution and manufacturing facilities. Within the past 3 a fax 909.256.2526 years,Mr. Morrell has successfully assembled and closed on more than 60 property owners 00 r- cmorrell@lee-assoc.com comprising more than 200 acres translating to more than 4M SF of industrial space—existing, Q under construction and planned. 3535 Inland Empire Blvd Ontario,California 91764 ~ RECENT TRANSACTIONS/ASSIGNMENTS w • Meridian Busincss Park(Riverside) ±1.290 Acres 2 . Meredith International Centre(Ontario) f150 Acres U • Citrus Commerce Center(Fontana) +80 Acres fa- • Goodman Logistics Center(Fontana) -130 Acres Q • Ridge Development(Fontana) f 12.5 Acres to Wahnaiq 639.000 sq.ft. �RTIAL CLIENT LIST • Sports Chalet 326.000 sq.lt. a »ALERE PROPERTY GROUP • Halliburton International Foods 300.000 sq.ft. tM Duke Realty q'288,000 s ft. E »GOODAMN Ch » li'ESTER>,'REALC'O • ClitTstar Corporation 262,000 sq.ft. p »RIDGE DEI'ELOPA4F,ArT • Englewood Marketing Group 137,000 sq.ft. _ m »DUKERI:'40T ra »SARES-RF,GIS GROUP EXPERIENCE -a > 2007 to resent: Associate Lee&Associates-Ontario » JP A90RG.9n p' )T:A}pp/A,T pROpI;RT}'GROUP 2003 to 2007: Associate,O'Donnell/Atkins Residential Land Brokerage Q 0 » LEII'ISGROUP OFCOAIPANIES EDUCATION »HOWARD INDUSTRIAL PARTNERS m » CROWHOLDINGS /OLDINGS Bachelor of Arts(Business,Entrepreneurship)2003 E California State University,Long Beach y »PROLOGIS »SUNKIST AFFILIATIONS/MEMBERSHIP a » ENGLEWOOD A4ARKETING GROUP • American Industrial Real Estate Association(AIR) »SPORTS CHALET . National Association of Industrial&Office Properties(NAIOP) » HALiBURTON INTERNATIONAL • State of California Department of Real Estate FOODS » THORSEN TOOLS PERSONAL INFORMATION » SCREEN USA Mr.Morrell is a member in good standing with the AIR Commercial Real Estate Association L and NAIOP. Chris is father to two girls,Avey(13)and Olivia(10). ti c d E t ca LEE & a 1CIC ► ASSOCIATES Lee&Associates COMMERCIAL REAL Packet Pg. 1007 Specializing in t, INDUSTRIAL, LAND & INVESTMENT Brokerage rH PROFILE c Cody Wolf has been with Lee&Associates-Ontario for 2 years.Cody specializes in the sale and E leasing of industrial properties in the Inland Empire.Cody emphasizes a value-add approach to 4) each assignment,implementing a customized strategy for each client.Additionally,Cody has a a> focus in the origination,structuring and assemblage of land for major institutions and provides y advisory and brokerage services for firms in the acquisition of regional warehouse and COdtt manufacturing facilities. y J -° c Wolf CAREER SUMMARY N Associate Mr.Wolf began his industrial brokerage career under the tutelage of Lee&Associates-Ontario 0 License ID#03-997598 L perennial top producer,Joe McKay.Today,Cody focuses on providing an array of real estate office 909.373.2g16 advisory services to assist local and national firms with the resources and capabilities necessary a fax 909.944.8250 in the acquisition and disposition of distribution and manufacturing facilities.Within the past 00 cwolflee-assoc com year,Mr.Wolf has been an integral part of the Joe McKay team that has leased two million Q Qa 3535 Inland Empire Blvd square feet of industrial space at the Meredith International Center,in Ontario. Ontario,California 91764 Z EXPERIENCE w • 2015 to present: Associate,Lee&Associates-Ontario U Q H H ------- - EDUCATION Q u3- • Bachelor of Science,Human Biology&Society with emphasis in Medicine&Public Health PARTIAL CLIENT LIST University of California,Los Angeles _ a> • Sares-Regis Group AFFILIATIONS/MEMBERSHIPS • J.P. Morgan • First Industria( Cody is a member of the American Industrial Real Estate Association(AIR),and the State of = California Department of Real Estate. • Waypoint Property Group y • Crow Holdings c�a • Western Realco PERSONAL INFORMATION • Howard Industrial Partners 44-- • REDA Mr.Wolf resides in Rancho Cucamonga.He has dedicated a great deal oftime organizing and o • Stater Bros. participating in philanthropic events for the National MS Society and the Boys&Girls Club of • Southland Propane East LA. y • North West Mattress E m m 1M Q m Cn c d rn t v a r c a� E z LEE & ASSOCIATES :F— Lee&Associates–Ontario Your Local Market Ex;perts www.lee-ass c.com COMMERCIAL REAL SERVICES Packet Pg. 1008 Lee & Associates Overview 104% billion 850 increase transaction volume agents in transaction 2015 and growing 9 volume over 5 years nationwide a LOCAL EXPERTISE. INTERNATIONAL REACH. WORLD CLASS. �a INDUST At Lee &AssociatesO our reach is international but our rt expertise is local market implementation. This translates into 2 seamless, consistent execution and value driven market-to- m a rket arket-to-market services. ' 0 0 Our agents understand real estate and accountability. They , provide an integrated approach to leasing, operational efficiencies, capital markets, property management, t k N I z LU valuation, disposition, development, research and consulting. _ U We are creative strategists who provide value and [it U PL 01 V t A I h, § 11, 11 t' custom solutions, enabling our clients to make profitable a decisions. .; U a � a> N 3 O 2 ' O AFFILIATE INTERNATIONAL RELATIONSHIP `O w 0 Austria Netherlands '' O • Belgium Poland ! France *Slovakia " C 0 Ireland IR Spain t` O 0 Luxembourg IR Turkey " . THE POWER Of THE E ". LEE NETWORK 11 r / S Pasadena,CA Vancouver,B.C. Eastern Pennsylvania,PA Cleveland,OH Columbus,OH Houston,TX Denier,CO Cleveland,OH Long Ucnd•Queens,NY i O Chesapeake Region,MD • Valuation,Atlanta,GA • Charleston,SC • Edison,NJ CBlando,FL • Fort Myers,FL • Manhattan,NY • Greenulle,SC • d Atlanta GA • Greenwood,IN • Indianapolis,IN • Long Beach,CA • Elmwood,NJ • Boise,ID Palm Desert,CA Santa Barbara,CA • Antelope VbUey,CA • Dallas,TX C Mod'son,WI • Oakland,CA • Reno,NV•San Diego,CA• Ventura,CA • San Luis Obispo,CA • Southfield,MI • Sonia Maria,CA • Calabasas,CA• St.Louis,MC • y Chicago,IL Victorville,CA Temecula alley,CA• Central LA,CA • Sherman Ooli CA West LA,CA • Pleasanton,CA •Stockton,CA • t Phoenix,Ai Carlsbad,CA Industry,CA Los Angeles,CA Riverside,CA • Ontario,CA Newport Beach,CA • Orange,CA • Irvine,CA U M lee-associates.com LA a ........ ..........._.......................... . ........ ...... . . ......... ........_....... .. ... ......_ - _ ......... ..._........ .......... WWW. LEE - ASSOCIATES .COM LOCAI EXPERTISE , NATIONAI Mn 0 Packet Pg. 1009 r , .f .4 art Founded in 1`7c), Lee ,S has achieved cc,n7istent gro.':th and pr-oitabillt;', handling more than 300,00I:r real es-tote transactionS nc,tiom,'Icle. V"ith G':'er 35 pe_1r'G of rf-al c.-state experience, Our crgent of t%,r cin IniegrUted approach �-ith the understanding that e ery j r jerf i unique. ! As your real estate partner, offer e',:ery a ped of —cll P'i:-t? ?er'.'ICPr anCl the necessary e'+'.(:)eril'StP to >uccessfulk y � imple--meat at tyi e- cJ ccmrner-cicil r i' e +:I-e trcje-t l I�j�ment ! retie. f,f_tr s ccrpc,rate c. c-t, in.,e�tr -f sc" i-_s j 3 . ' �J(>ei�� nlanagct'Tl�=tlt tenant! landlord reprecentatiO!l t I f:�cilit ser,iceS ac.juisitions �� a n.+w, f ildtlClgenlent �'`I':'ICe ��- �. • ':al Uf_itiC, It • z� r Cur e ;fienSI.e local mark seasc,ned agentz and r s ,urces, enol=�le eve!1' Lee team t;i _.pt:ml=e their client's real C- CI fp i -t4fol10 _•. - by t11a1�ITl�ing 'falU� 70 .•,�l a �. :,,�>'Idrnc� cjuc-rntlfi{al 1P re^t:lt 3 A � 1 WWW . LEE ASS0CIATES . 00M LOCAL EXPERTISE NATIONAL REACH W � " 19.b Clients Select Us Again And Again For Our Co I L 0 q rn 6s� 6 e so utions to en once va E WOOL � . Q a our goal i` - s achieve their goals Cnc " providing long-term value a co O creative, strategic thinkers, knowledgeable W customized delivery platform and pr .._ ,N O O L w Q O r N E O L Q _ R Ka, I N ..u1ti ` a m E U w ■.7t a lee-associates.com Packet Pg. 1011 What Sets Us Apart? 0 _ m E m fy a� a d R co �a to r U confident responsive strong national presence young/energetic CID 0 personal service top notch specialty firm entrepreneurial Z Lu focused specialists reputable strong negotiators Q committed execution-oriented market knowledge N fast decision capabilities agent owned firmcollaborative _ 'Results from a third party branding sturdy. 3 O 2 k II ' t. r -a O r .. w .... t so = y E 1 N i� !g [ R H e0 t .� t . a � z I N TION & CONSULTING _.. _. ......._....................._.................._......_........... . ........_.._....._................._._...................................................._... ............................................................................................._...... .......................................... LAlee.associ ates.com .............._...,.............................................................._...................._.............__._....._,.............._..._.........._....._........_..............___..........._......._..........._...._....._..........._......._........_._.._........ ..__..._......_.._....._,......._........_......_..._.._...... 19.b Lee Advantage Our Promise... Why companies prefer to partner with us... CD 0 w • Unparalleled Market Knowledge&Database E MARKET LEADER. • Market Specialization SPECIALIZII IG IN MARKET IFITELUGENCE a p g • Experienced Institutional Project Leasing Team RELEVANT WORK. CO SEASONED AGENTS WITH RELEVANT • Significant Volume Of Deals Seen Through Our Office TRANSACTION EXPERIENCE a� • Detailed And Informative Proprietary Market Database O WE SAVE YOU TIME. • Passion To Get The Deal Done Quickly, Efficiently CREATIVE PROBLEM SOLVING SKILL SETS a • Accessibility Calls Returned Within 24 Hours Or Less ABILITY TO UNDERSTAND. o - Team Approach For Showings&Follow Ups EFFECTIVE CLIENT COMMUNICATION • Street Broker Mentality&Hustle Approach � INTEGRITY. z SHAPES OUR CULTURE &DEFINES I CHARACTER w + Weekly Internal Meetings Regarding Your Portfolio OF OUR COMPANY = U • Detailed Monthly Reporting, Every Month a • Company Consistency- We Are In It Long Term What our Brokers say... N Integrity We Do What We Say We Are Going To Do � 0- 0 o x m 0 0 w a o Maggie Montez, Stein Koss, -Vince Anthony, Principal Phoenix,AZ Ontario,CA Palm Desert CA a 1 was with CBRE for 16 years and io was in the upper echelon of their I spent nine years at CB Richard rn retail world but with little control Ellis,o good company and place Lee&Associates is the only firm of my day to day business.At Lee to team the business.The move I know that offers you ownership cc to Lee&Associates was the BEST of the company,high commission & Associates,I do everything I decision ever.The energy level, splits,on opportunity to invest in always did for my clients and I entrepreneur and maverickspirit real estate,access to a network of s keep a much larger portion of the p commissions,t make the decisions was a welcome environment seasoned and highly successful and have total autonomy. My The synergy and atmosphere of real estate professionals in 4 clients are happy, I'm happy.,.Life our office is a highly productive multiple markets. is good! arena. E r ""j;-A v .........._.,...w._._..__............................._._..........._..._.....�.._..._..._..__...._ ................ ..... I........... _._.........._,... __........._._.._.__._.._ _._....._..._.......................... _...__. a lee-associates,com • S S • C I s T I S . C • _ , .� -r., x:: 13 19.b 1 EXHIBIT "C" 2 w 3 Purchase and Sale Agreement d Between the 4) 4 Successor Agency and the Successor Housing Agency a, Q a� 5 (See Attachment) in 6 a� 7 L 8 ' a 9 CO 0 LO 10 11 w 2 x 12 a 13 a ui 14 15 16 0 x 17 18 c 19 a 0 20 a E 21 a� Q 22 a� R U) 23 24 N M L 25 0- 26 26 d 27 L 28 13 9 Packet Pg. 1014 19.b PURCHASE AND SALE AGREEMENT (REAL ESTATE) 0 THIS PURCHASE AND SALE AGREEMENT(the"Agreement")made this_day of June 2017 w by and between the Successor Agency to the Redevelopment Agency of the City of San Bernardino (the "Successor Agency") and City of San Bernardino, in its capacity of the Successor Housing Agency to the E Redevelopment Agency of the City of San Bernardino (the "Successor Housing Agency"). Collectively, Successor Agency and Successor Housing Agency are referred to herein as the"Parties." a d WITNESSETH: co c WHEREAS, pursuant to Health and Safety Code (the "HSC") § 34172 (a) (1), the Redevelopment N Agency of the City of San Bernardino was dissolved February 1,2012; and L WHEREAS, consistent with the provisions of the HSC, on January 9, 2012 the Mayor and City 0- Council Council of the City elected to serve in the capacity of the Successor Agency; and 00 0 WHEREAS, consistent with the provisions of the HSC,the Mayor and City Council of the City of San Bernardino previously elected to serve in the capacity of the Successor Housing Agency; and z w M WHEREAS, the Oversight Board to the Successor Agency (the "Oversight Board") has been v established pursuant to HSC § 34179 to assist in the wind-down of the dissolved redevelopment agency; and a v� WHEREAS, the Successor Agency is the owner of that certain real property consisting of 10 L individual residential zoned parcels(2.56 acres in total) as summarized in Exhibit "A" attached hereto (the "10 a Acquisition Parcels");and .N WHEREAS, three (3) parcels of the 10 Acquisition Parcels are identified as Site Nos. 35, 36, and 38 within the Successor Agency's California Department of Finance (the"DOF") approved Long-Range Property d Management Plan(the"LRPMP") as vacant residential land to be sold; and L 0 WHEREAS, the remaining seven (7) parcels of the 10 Acquisition Parcels: i) were included within a the Housing Asset Transfer form (the "FIAT") that was submitted to DOF; ii) are a part of the "19I' and Sunrise" Affordable Housing Target Neighborhood; iii) were acquired after the State's dissolution of = redevelopment agencies:and iv)were ordered to be sold by DOF;and E as L WHEREAS, consistent with the HSC, the Successor Agency's sale of the 10 Acquisition Parcels a will require the concurrence of the Oversight Board and DOF; and cn WHEREAS, the Successor Housing Agency wishes to purchase and the Successor Agency wishes to c sell the 10 Acquisition Parcels pursuant to the terms and conditions described herein; and y M s WHEREAS, to establish a fair and reasonable price for the 10 Acquisition Parcels, the Successor Agency obtained a Broker's Opinion of Value (the `BOV") from Lee & Associates of Ontario, California a (the"Lea&Associates"); and E r a -1- Packet Pg. 1015 19.b WIIEREAS, as more particularly described within the BOV, Lee & Associates has confirmed their opinion that the 10 Acquisition Parcels are collectively worth$307,099;and WHEREAS, the effectiveness of this Agreement is subject to the approval of the sale of the 10 w Acquisition Parcels to the Successor Housing Agency consistent with the terms of the Agreement by the Oversight Board and DOF. E d a� NOW, THEREFORE, in consideration of the mutual covenants and conditions set forth hereinafter, a the Parties agree as follows: Cn 1. Incorporation of Recitals: The foregoing Recitals are true and correct and are a substantive part of - this Agreement. 2. Administration of Agreement: The transaction described herein shall be administered exclusively by the Successor Agency and the Successor Housing Agency. ° 00 3. Purchase Price: The purchase price for the 10 Acquisition Parcels shall be Three Hundred Seven Thousand Ninety-Nine Dollars ($307,099.00) (the "Purchase Price"), which shall be payable upon recordation of a quitclaim deed,the form of which is attached hereto as Exhibit`B." z 4. Condition of Property: Except as specifically described in this Agreement, Successor Agency hereby a sells the 10 Acquisition Parcels to the Successor Housing Agency, and the Successor Housing Agency hereby purchases the 10 Acquisition Parcels from the Successor Agency, in an"AS IS" condition. a vi 5. Distribution of Proceeds. Pursuant to HSC § 34191.5 (B), the Successor Agency shall distribute the net proceeds from the Purchase Price to the San Bernardino County Auditor Controller (the "CAC") 0 for CAC's subsequent distribution to the taxing entities, as defined in HSC § 34171 (k). Net proceeds shall mean the Purchase Price less any of the City's costs described in Section No. 6 of this Agreement, if any,and any third party fees in connection with escrow and title matters. _ d 6. Commissions and Fees: The Parties have not engaged any real estate broker with respect to the transfer of the 10 Acquisition Parcels and consequently no real estate commissions or fees are 0 applicable. a 0 7. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of m the State of California. E a) aD 8. Captions: The captions appearing in this Agreement are for convenience only, are not part of this Q Agreement and shall not be considered in interpreting this Agreement. co 9. Amendments: This Agreement may not be altered, amended, or modified except by a writing a executed by the Parties. y M L 10. Effectiveness of this Agreement: The effectiveness of this Agreement is subject to the following prerequisites: (i) the Parties have approved and have caused this Agreement to be executed by their a designated representatives; (ii)this Agreement has been approved by the Oversight Board; and (iii)the Oversight Board's resolution approving this Agreement has been approved by the DOF. E -2- Packet Pg. 1016 ..tir..r 19.b 11. Entire Agreement: This Agreement constitutes the entire agreement between the Parties with regard to the subject matter herein and supersedes all prior oral and written agreements and understandings o between the Parties with respect to the purchase and sale of the 10 Acquisition Parcels. L 0 bd IN WITNESS WHEREOF,the Parties have executed this Agreement as of the date first hereinabove E written. L a CITY: a c By: tz Mark Scott, City Manager L CO a SUCCESSOR AGENCY: 0 LO H By: iz Mark Scott,Executive Director _ U Approved as to Form: a Gary D. Saenz, City Attorney ~ a By: .N 0 0 L o a 0 Y E d L a CO C V L a a E s v Q -3- Packet Pg. 1017 Ow 19.b EXHIBIT "A" L Description of the 10 Acquisition Parcels 0 E a m Properties / Front 1 1 1 L / APN Address1Zoning 1 0145-242-32 1238 N"D" St 0.18 RM 2nd $19,603 cn 2 0145-242-33 N"D" St 0.15 RM 2nd i $16,335 3 0155-101-08 N Del Rosa Ave 0.92 RM 4th $100,188 to d Subtotal $136,126 Properties 1 i 1 Address 1 Zoningi a 4 1191-051-55 2105 Sunrise Ln 0.22 RMH 7th $23,958 CO 5 1191-031-23 2095 E 19th St 0.23 RMH 7th $25,048 6 1191-051-45 2116 Sunrise Ln 0.22 RMH 7th $23,958 7 1191-051-53 2131 Sunrise Ln 0.22 RMH 7th $23,958 z 8 1191-051-60 2055 E Sunrise Ln 0.22 RMH 7th $23,958 W 9 1191-051-61 2045 E Sunrise Ln 0.22 RMH 7th $23,958 10 1191-051-66 2182 Sunrise Ln 0.24 RMH 7th $26,135 Subtotal $170,973 a Total1t Notes: 1. Site Nos. 1,2 and 3 above correspond to LRPMP Site Nos.35,36 and 38 2. Site Nos. 4 through 10 above are a part of the"191h and Sunrise" Affordable Housing Target Neighborhood 0 x m E L 0 Q 0 r C 0 E m m L Q d V L a. 0 E t -4 Packet Pg. 1018 19.b EXHIBIT "B" (NOT FOR SIGNATURE) o L 0 RECORDING REQUESTED BY: E Successor Agency to the Redevelopment Agency of the City of a San Bernardino WHEN RECORDED MAIL TO: co City of San Bernardino 300 N. "D" Street, 61"Floor m San Bernardino, CA 92418 t Attn: Mark Scott, City Manager a APN: 0136-111-23 (Space Above Line For Use By Recorder) c 0 This document is exempt from the payment of a recording fee pursuant to z Government Code Section 27383 W M DOCUMENTARY TRANSFER TAX$ NONE v Q QUITCLAIM DEED a (Form Only— Not for Signature) a� L FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, the Successor Agency to a the Redevelopment Agency of the City of San Bernardino,a public body,corporate and politic(the"Grantor") c does hereby remise, release and quitclaim to the City of San Bernardino, a public body, corporate and y politic (the "Grantee"), any interest that Grantor may have in the real property in the City of San Bernardino, o County of San Bernardino, State of California,described in Attachment"A"attached hereto and incorporated herein by this reference. E L SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO, a public a body, corporate and politic d E Dated By: NOT FOR SIGNATURE Mark Scott Executive Director Successor Agency to the Redevelopment Agency of the City of San Bernardino c a� U) r L a r c m E U r Q -5- Packet Pg. 1019 i A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate `o is attached, and not the truthfulness, accuracy, or �- validity of that document. _ (D E d a� L a State of California )ss N County of San Bernardino } -� _ a On before me, Notary N Public, personally appeared who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and who acknowledged to me that he/she executed the same in his/her authorized capacity, and by his/her signature a on the instrument the person, or entity upon behalf of which the person acted, executed the instrument. 00 LO0 I certify under PENALTY of PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. Z w WITNESS my hand and official seal. _ U Q H H _ Q (Signature of Notary) (This area for official notarial seal) .N 0 x a� L 0 a 0 r m E m m L a� a m �o c �a a� N ca t L IL _ m E r -6- Packet Pg. 1020 18.b Attachment"A" 0 L O LEGAL DESCRIPTION = E (Insert Here) a Co d L a 00 0 H Z w x U Q H F- Q vi m v L a as _ .N 7 O 2 N R L O Q 0 r w c d E d d L Q d Co C to d N ca t V L 3 G. _ O E t V t0 r.+ Q -7- Packet Pg. 1021 CERTIFICATE OF ACCEPTANCE This is to certify that the interest in real property conveyed by written deed or grant dated 2016 from the Successor Agency to the Redevelopment Agency of the City of San Bernardino,is hereby accepted by the undersigned officer or agent on behalf of the City of San Bernardino, pursuant to authority conferred by the City of San Bernardino on March 20, 2017, pursuant to Resolution No.2017- and the City of San Bernardino consents to recordation thereof by its duly authorized officer a Dated this _ day of 2017 2 Cn �a By: NOT FOR SIGNATURE R Mark Scott City Manager City of San Bernardino a 00 Provides for: 0 Ln 280 South"E"Street,San Bernardino,California(APN: 0136-111-23) z A notary public or other officer completing this w certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or ~ validity of that document. y State of California )ss County of San Bernardino ) 0 X: On before me, Notary Public, 0 personally appeared who proved to me on the basis of satisfactory evidence Z to be the person whose name is subscribed to the within instrument and who acknowledged to me that he/she executed the same in his/her authorized capacity, and by his/her signature on the instrument the person, or entity upon behalf of which the person acted, executed the instrument. Q 0 I certify under PENALTY of PERJURY under the laws of the State of California that the foregoing paragraph is true = and correct. E d WITNESS my hand and official seal. a, a m U) (Signature of Notary) (This area for official notarial seal) ca as N RS t V L Y _ E L -O- Packet Pg. 1022 19.b I RESOLUTION NO. 2017- 2 0 2 RESOLUTION OF THE MAYOR AND CITY COUNCIL ACTING IN ITS CAPACITYAS THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF = 3 THE CITY OF SAN BERNARDINO APPROVING A PURCHASE AND SALE E AGREEMENT BETWEEN THE SUCCESSOR AGENCY AND THE CITY OF SAN BERNARDINO ACTING IN THE CAPACITY AS THE SUCCESSOR HOUSING AGENCY a 5 TO THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO WITH RESPECT TO 10 REAL PROPERTY ASSETS LOCATED IN THE CITY OF SAN cn 6 BERNARDINO,AND APPROVING CERTAIN RELATED ACTIONS a� 7 WHEREAS, pursuant to Health and Safety Code (the "HSC") § 34172 (a) (1), the 8 Redevelopment Agency of the City of San Bernardino was dissolved on February 1,2012; and a 9WHEREAS, consistent with the provisions of the HSC,the Mayor and City Council of the c 10 City of San Bernardino previously elected to serve in the capacity of the Successor Agency to the 11 Redevelopment Agency of the City of San Bernardino(the "Successor Agency"); and 12 WHEREAS, consistent with the provisions of the HSC,the Mayor and City Council of the v Q 13 ~ City of San Bernardino previously elected to serve in the capacity of the Successor Housing a v� 14 Agency to the Redevelopment Agency of the City of San Bernardino (the "Successor Housing 150- Agency"); and a) E 16WHEREAS, the Oversight Board to the Successor Agency (the "Oversight Board") has c X: 17 been established pursuant to HSC § 34179 to assist in the wind-down of the dissolved d M tv 18redevelopment agency; and o 19 WHEREAS, on September 15, 2015, the Successor Agency submitted its Oversight c 20Board-approved Long-Range Property Management Plan (the "LRPMP") to the California 21 Department of Finance(the"DOF"); and rn 22 WHEREAS, on December 31, 2015, the DOF approved the Successor Agency's LRPMP T M Cn 23 and notified the Successor Agency that pursuant to HSC § 34191.3, the approved LRPMP shall cc 24govern, and supersede all other provisions relating to the disposition and use of all the real property R L 25 assets of the former redevelopment agency; and ` a. 26WHEREAS, the approved LRPMP, which addresses the disposition and use of the real 27 U property assets held by the Successor Agency, includes 230 parcels of land grouped into forty-six go Y 28 (46) separate sites, eighteen (18) of which are designated as government use sites, seven (7) of a 1 Packet Pg. 10273 19.b 1 which are designated as future development sites and twenty-one(21) of which are designated to be 2 sold (the"21-LRPMP for Sale Sites"); and w 3 WHEREAS, pursuant to HSC § 34176 (a) (2), the Successor Housing Agency was 4 required to submit a Housing Asset Transfer form (the "HAT") to the DOF that lists, among other a 5 things, all of the low- and moderate-income housing fund (the "LMIHF") real property assets, as 6 more specifically defined in HSC § 34176 (e), to be retained by the Successor Housing Agency; a 7 and N s 8 WHEREAS, consistent with the foregoing, the Successor Housing Agency submitted its a 9 HAT to DOF for review and thereafter provided DOF with pertinent supplemental and back-up c 10 information that resulted in DOF's August 11, 2016 approval of the HAT, as amended (the 11 "Amended Hat"); and 12 WHEREAS, the Amended HAT lists 141 parcels of land, one of which was sold in 2012, Q 13 leaving 140 parcels to either be retained for housing purposes or sold; and a N 14 WHEREAS, as a part of its approval of the Amended HAT, DOF authorized 56 parcels to 15 be transferred by the Successor Agency to the Successor Housing Agency at no cost (which has 16 already occurred) and determined 84 parcels to be sold by the Successor Agency; ten (10) of which c X 17 were acquired after the State's dissolution of redevelopment agencies (the"10-HAT for Sale Sites") d 18 and seventy-four(74) of which constitute the "Arden-Guthrie" property that will ultimately be sold o w 19 as a single site for commercial development purposes; and Q 0 20 WHEREAS, the City's Housing Division evaluated the 21-LRPMP for Sale Sites and the E 21 10-HAT for Sale Sites and identified ten (10) residentially zoned parcels that need to be acquired a 22 for affordable housing purposes, as more particularly described within Exhibit"A,"attached hereto 23 (the"10 Acquisition Parcels"); and a 24 WHEREAS, to determine a fair and reasonable purchase price, the Successor Agency y t 25 requested Lee & Associates of Ontario California, a real estate brokerage firm familiar with the real L a 26 estate market within the Inland Empire Region in general and the City of San Bernardino in particular, 27 to prepare a Broker's Opinion of Value (the `BOV") to determine the fair and reasonable purchase r 28 price for the 10 Acquisition Parcels; and 2 Packet Pg. 1024 18.b 1 WHEREAS, based on past practice,the DOF has acknowledged that BOVs are an acceptable 0 2 method and basis for confirming that the value of real property being sold by a successor agency is fair 0 3 and reasonable;and a� 4 WHEREAS, on April 10, 2017, the Successor Agency received the BOV from Lee & a 5 Associates confirming that $307,099 is the fair and reasonable purchase price (the "Purchase Price") co 6 for the 10 Acquisition Parcels, as more fully described within the BOV, a copy of which is attached to = a� 7 this Resolution as Exhibit`B";and a s v 8 WHEREAS, this Resolution will approve the Purchase and Sale Agreement (the a 9 "Agreement") between the Successor Agency and the Successor Housing Agency with respect to co 0 Lo 10 the 10 Acquisition Parcels, a copy of which is attached to this Resolution as Exhibit "C," and 11 authorize certain related actions; and Z w 12 WHEREAS, the Agreement is consistent with the Successor Agency's and Successor a 13 Housing Agency's Property Disposition Strategy that was approved by the City Council Ad Hoc a 14 Real Estate Committee on February 23, 2017, and adopted by the Successor Agency and the 15 Successor Housing Agency on March 6,2017 and; a a> 16 WHEREAS, the Successor Housing Agency intends to fund the Purchase Price from its 3 0 17 program income fund, which derives its funding from the repayment of affordable housing loans that d Z 18 were made by the former redevelopment agency from the LMffF and is sufficient to pay the Purchase c w 19 Price; and a 0 20 WHEREAS, once the 10 Acquisition Parcels are transferred to the Successor Housing E 21 Agency, the Successor Agency will transfer the net Purchase Price to the San Bernardino County 22 Auditor-Controller that will in turn divide and pay over the net Purchase Price to the affected taxing 23 entities in proportion to their respective shares of the I% general tax levy, which will include the c �a 24 City; and 25 WHEREAS, consistent with the provisions of the HSC and the LRPMP, the effectiveness a 26 of the Agreement is subject to the approval of the Oversight Board and review by DOF; and CD 27 WHEREAS, this Resolution has been reviewed with respect to applicability of the 28 California Environmental Quality Act (the "CEQA"), the State CEQA Guidelines (California Code a 3 Packet Pg. 1025 19.b 1 of Regulations, Title 14, § 15000 et seq., hereafter the "CEQA Guidelines"), and the City's 2 environmental guidelines; and .2 3 WHEREAS, this Resolution does not constitute a"project" for purposes of CEQA, as that E a) 4 term is defined by CEQA Guidelines § 15378, because this Resolution is an organizational or rn a 5 administrative activity that will not result in a direct or indirect physical change in the environment, 6 per § 15378 (b) (5)of the CEQA Guidelines; and a) 7 WHEREAS, all of the prerequisites with respect to the approval of this Resolution have a 8 been met. ' a 9 NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL 00 0 10 ACTING IN ITS CAPACITY AS THE SUCCESSOR AGENCY TO THE 11 REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AS FOLLOWS: W 12 Section 1. The foregoing recitals are true and correct and are a substantive part of this a 13 Resolution. ~ a 14 Section 2. The Agreement between the Successor Agency and the Successor Housing y 15 Agency for the 10 Acquisition Parcels, attached hereto as Exhibit"C"is hereby approved. — 16 Section 3. On behalf of the Successor Agency, the City Manager, in the capacity as 0 17 Executive Director of the Successor Agency, is authorized and directed to execute the Agreement 18 and the quitclaim deed, the form of which is attached to the Agreement, and to take such other c 19 actions and execute such other documents as are necessary to effectuate and close the purchase and a 0 20 sale of the 10 Acquisition Parcels and as may otherwise be required to fulfill the intent of this E 21 Resolution. 22 Section 4. This Resolution is not a "project" for purposes of CEQA, as that co 23 term is defined by Guidelines § 15378, because this Resolution is an organizational or c 24 administrative activity that will not result in a direct or indirect physical change in the environment, N o 25 per§ 15378 (b) (5) of the Guidelines. a 26 Section 5. This resolution shall take effect upon: (i) its adoption and execution in the 27 manner as required by the City's Municipal Code; (ii) the approval of the Agreement by the E 28 Oversight Board; and(iii) its review by the DOF. 4 Packet Pg. 1026 19.b 1 RESOLUTION OF THE MAYOR AND CITY COUNCIL IN ITS CAPACITY AS CD THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF 2 SAN BERNARDINO APPROVING A PURCHASE AND SALE AGREEMENT BETWEEN .° 3 THE SUCCESSOR AGENCY AND THE CITY OF SAN BERNARDINO ACTING IN THE CAPACITY AS THE SUCCESSOR HOUSING AGENCY TO THE REDEVELOPMENT E 4 AGENCY OF THE CITY OF SAN BERNARDINO WITH RESPECT TO 10 REAL PROPERTY ASSETS LOCATED IN THE CITY OF SAN BERNARDINO, AND a 5 APPROVING CERTAIN RELATED ACTIONS co 6 � I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Mayor and City a� 7 Council of the City of San Bernardino, in its capacity as the Successor Agency to the 8 Redevelopment Agency of the City of San Bernardino at a regular meeting thereof, held on the a 9 _ day of June, 2017,by the following vote,to wit: o W 10 11 Council Members Ayes Nays Abstain Absent w 12 MARQUEZ — BARRIOS 13 a VALDIVIA 14 SHORETT L 15 NICKEL 16 RICHARD c 17 MULVIHILL a 18 19 — a Georgeann Hanna, CMC, City Clerk 20 The foregoing Resolution is hereby approved this day of June 2017. d 21 4) 22 23 R. Carey Davis, Mayor Cl) City of San Bernardino 24 N Approved as to Form: 25 Gary D. Saenz, City Attorney a 26 a� 27 By:(W 28 a 5 Packet Pg. 1027 19.b 1 EXHIBIT "A" 2 Description of the 10 Acquisition Parcels ° 3 0 E d a� 4 Properties from the LRPMP Q 5 m to 1 0145-242-32 1238 N "D" St 0.18 RM 2nd $19,603 62 0145-242-33 N"D" St 0.15 RM 2nd $16,33 7 3 0155-101-08 N Del Rosa Ave 0.92 RM 4th $100,18 Subtotal $136,12 8 Properties a AddressNo. APN - i : 1 00 9 4 1191-051-55 2105 Sunrise Ln 0.22 RMH7th $23,95 5 1191-031-23 2095 E 19th St 0.23 RMH 7th 525,04 10 6 1191-051-45 2116 Sunrise Ln 0.22 RMH 7th 523,95 11 7 1191-051-53 2131 Sunrise Ln 0.22 RMH 7th $23,95 w 8 1191-051-60 2055 E Sunrise Ln 0.22 RMH 7th 523,95 2 12 9 1191-051-61 2045 E Sunrise Ln 0.22 RMH 7th $23,95 a 10 1191-051-66 2182 Sunrise Ln 0.24 RMH 7th $26,13 13 Subtotal $170,97 a 14 Total $307,099 15 Notes: 1. Site Nos.1,22nd 3 above correspond to LRPMP Site Nos.35,36 and 38 2. Site Nos.4 through 10 above area part of the"19th and Sunrise"Affordable Housing Target = 16 Neighborhood U) 0 17 a� R 18 -a °, 19 a 0 20 a E 21 d a� 22 CO 23 C 24 y 25 2 0- 26 26 Y C w 27 = 28 7 Packet Pg. 1028 19.b 1 0 2 EXHIBIT "B" 3 Broker's Opinion of Value E 4 Prepared by Lee&Associate-Ontario a 5 6 (See Attachment) n to CD 7 M z U 8 = a 9 00 0 10 11 w 12 v a 13 a 14 � 15 a a� 16 0 17 d M 18 10 19 a 0 20 E 21 d 22 23 _ 24 ChR 25 U _ a 26 :- 27 M ® J+ 28 a 8 Packet Pg. 1029 OPINION OF VALL 19.b Vacant Land , San Bernardino , CA 92404 Irl m : d E a� Q R ` x R �e• w� V a . ";. ago p w 1 d N 3 O 2 O PRESENTED BY : PRESENTED TO : O w Chris Morrell a CD Associate BRE ID# 01410974 E Lee & Associates Ontario Lisa Connor Phone # 909 . 373 . 2721 Project Manager a, cmorrell@lee - assoc . com Successor Agency to the CodyWolf Redevelopment Agency M City of San Bernardino Associate BRE ID # 01997598 4' N t6 Lee & Associates Ontario U Phone # 909 . 373 . 2916 a cwoIf@lee- assoc.com c d • C I A T E S C 0 M LOCAL • • E s THE INFORMATION CONTAINED HEREIN IS OBTAWED F LLEE& LEE & ASSOCIATES — SOURCES BEUEVEDTO BE RELIABLE HOWEVER,WE HAVE ASSOCIATES- ONTARIO , INC REPVERRESENTFIED IT ATIONS AS TO THE WARRANT] REPRESENTATIONS AS TO THE COMPLETENGUARANTEE'ESSOR ACCURf THEREOF.THE PRESENTATION OF THIS PROPERTYES US COMMERCIAL REAL ESTATE SERVICES Phone : (9 0 9) 989 . 777 1 FOREXAMPLE AND IS SUBMITTED SUBJECT TO FARO ONTARIO Corp I D : 00976995 OMISSIONS, EfT TO PRIOR SNGE OFPRLEASE R%T1OR HDORIONS,ANDLS SUBJECT TO PRIOR$ALE,LEASE QR%T1 4WALWTTHOUT Packet Pg. 1030 OPINION OF VALLq' Vacant Land , San Bernardino , CA 92404 0 L Y E Table of Contents a Cn I . Subject Properties • Aerialsin s L • Property Information Sheets • Parcel Maps II . Executive Summary Z W III . Available Properties For Sale a IV . Completed Sale Transactions a V . QualificationsNOW L • Resumes = N • About Lee & Associates = L O a 0 +r a� E m m L a� a a� �v Cn c m m N t V L a c a� WWW , LEE - ASSOCIATES . COM LOCAL EX PERTISF NATIONAL REACH . WORLD CLAS1 E r THE INFORMATION CONTAINED HEREIN IS OBTAINED FRI 13 LEE & LEE & ASSOCIATES SOURCES BELIEVEDTO BE RELIABLE HOWEVER WE HAVE N ONTARIO , INC VERIFIED IT AND MAKE NOGUARANTEES,WARRANTIES a ASSOC�ATES REPRESENTATIONS AS TO THE COMPLETENESSOR ACCURI TMFREOF,THE PRESEN7ATION OF THIS PROPERTYIS U COMMERCIAL REAL ESTATE SERVICES Phone : ( 909) 989 .777 1 FOREXAMPLEANDISSUBMITTEDSUBJECTTOERRC OMISSION CHANGE OFPR CE OR CONDITIONS,AND 1S ONTARIO Corp I D : 0 0 9 7 6 9 9 5 SUBJECTECT To TO PaOR SALE,LEASE OR WITHDRAWALWITHOUT Tll1— Packet Pg. 1031 OPINION OF VALLW Vacant Land , San Bernardino , CA 92404 L W _ Subject Properties a co ' Address Lot Size (ac) _ z 1 1191-051-55 2105 Sunrise Ln 0.22 a Do 0 2 1191-031-23 2095 E 19th St 0.23 Z 3 1191-051-45 2166 Sunrise Ln 0.22 U Q H 4 1191-051-53 2131 Sunrise Ln 0.22 a Fn 5 1191-051-60 2055 Sunrise Ln 0.22 6 1191-051-61 2045 Sunrise Ln 0.22 = 7 1191-051-66 2182 Sunrise Ln 0.24 a 0 8 0145-242-32 1238 N "D" St 0.18 E L 9 0145-242-33 N "D" St 0.15 a 10 0155-101-08 N Del Rosa Ave 0.92 L a r _ m • E t Q THE INFORMATION CONTAINED HEREIN 6 OBTAINED FP LEE& LEE & ASSOCIATES — SOURCES BEUEVEDTO BE RELIABLE HOWEVER WE HAVE ASSOCIATES` ONTARIO , INC RE RESEN ATIONSASTDED IT AND MAKE i1HE OMPLET NES ORA�C "'Mo` LTHEREOF.THE PRESENTATION OF THIS PROPERTVIS US COMMERCIAL REAL ESTATE SERVICES Phone : (9 0 9) 989 . 777 1 FOREFX*AMPLE AND IS SUBMITTED SUBJECT TO ERRO_. S,AND IS ONTARIO Corp ID : 0 0 9 7 6 9 9 5 SUBJECT TO PRIOR SALE.LEASNGE E ORCE OWTH RAWALBWRHOUT Packet Pg. 1032 OPINION OF VALLR' Vacant Land , San Bernardino , CA 92404 0 L V- (D 4) y L a d v/ _ R 4) U) R t V L CL 00 0 H Z w x U Q H H Q vi m rr V � � L R a al _ ' o fa x .a L O a 0 4) E d L a d 4) U) L a (D WWW . LEE - ASSOCIATES . COM LOCAL EXPE RTIS E - N ATIO v A,& EE& LEE & ASSOCIATES - THE INFORMATION CONTAINED W OBTAINED FRC SOURCES BEUEVEDTO BE RELIABLE..HOHOWEVV ER WE HAVE N ASSOCIATES' ONTARIO , INC VERIFIED IT AND MAKE NOGUARANTEES,WARRANTIES a REPRESENTATIONS AS TO THE COMPLETENESSORACCURA THEREOF.THE PRESENTATION OF THIS PROPERTY IS US COMMERCIAL HEAL ESTATE SERVICES Phone : (9 0 9) 989 .777 1 FORE)(AMPLEANDLS SUBMITTED SUBJECT TO ERRORS, OMISSIONS,CHANGE OEPRICE OR CONDITIONS.AND IS ONTARIO Corp ID : 0 0 9 7 6 9 9 5 SU BIECT TO PRIOR SALE LEASE OR WRHDRAWALWITHOUT Packet Pg. 1033 19.b OPINION OF VAL Vacant Land , San Bernardino , CA 92404 0 E �ri'r;!s IIS �i�ull�t, a� Q m is N c R /n R t V 7 a co c Z w U Q H Q vi c 3 O 2 R $, R O r c m E m m rn . Q c R a� N R t a c a� • C I A T E S C • M LOCAL • • RD CLASS s LEE& LEE & ASSOCIATES — THE INFORMATION CONTAINED HEREIN B OBTAINED FR' SOURCES BELIEVEDTO BE RELIABLE.HOWEVER,WE HAVE N. AssocI wTC� VERIFIED If AND MAKE NOGUARANTEES,WARRANTIES Y11 G ONTARIO, INC REPRESENTATIONS AS TO THE COMPLETENESSORACCVRA THEREOF.THE PRESENTATION OF THIS PROPERTY IS US'. Phone : 9 0 9 9 8 9 .7 7 7 1 FORE%AMPLEAND ISSUBMITTED SUBJECT TOFRROIo, COMMERCIAL REAL ESTATE SERVICES OMISSIONS,CHANGE OFPRICEORCONDTIIONS,AND IS ONTARIO Corp ID : 0 0 9 7 6 9 9 5 SUBJ ECT TO PRIOR SALE,VASE OR WITHDRAWALWITHOUT N Packet Pg. 1034 OPINION OF VALLi' Vacant Land , San Bernardino , CA 92404 0 L MmuLml 0 ERG)E w L Q y C • d N U L 7 a. 00 z Lu x � f V � a a, C EN 3 d .Q L a� E L a cn m 4) a. c W W W L E E - A S S 0 C I A T E S C 0 M LOCAL EXPERTISE . NATIONAL REACH WORLD CLASS, E THE m U LEE& LEE & ASSOCIATES - OU INFORMATION CONTAINED HEREIN ES OBTAINED E N A' SOURCf58EUEVEDTO BE RELIABLE-HOWEVER,WE HAVEN NTE WARRANTIES ASSOCIATES° ONTARIO, INC C REPRESEN AFIED ITIONSS ASAND pTO THE OKE MPLETENNESSORACCURA Q THEREOF,THE PRESENTATION OF THIS PROPERTY IS US COMMERCIAL REAL ESTATE SERVICES Phone : (9 0 9) 989 .777 1 FORE%AMPLE AND IS SUBMITTED SUBJECTTOERRORS, OMISSIONS,CHANGE OFPRICE OR CONDITIONS,AND IS ONTARIO Corp ID : 00976995 SUBJECT TO PRIORSALE LEASEORWITHDRAWALWITHCUT Packet Pg. 1035 19.b OPINION OF VALL Vacant Land , San Bernardino , CA 92404 " L O w _ d E L a Cn _ I 20 1 8 9 tp i1 12 13 1 1 - - (n 1! 00 IJ.a 11.12 Ism 28 1 i1 x ' r ►p 7 12 27 _ 26 = 25 24 1 23 1 P2 21 29 11 71 11 16 15 14 4 L) Iras I I U 3 a i , m I u 'c14 64 i '• 4 �, S { 9 I 7 ! 9 1p 11 ti I 13 14 1S -� 10 17 IB 9 5 7 O ?I 000 J) �I 76 C ?I �f�7J 11 1 j 17 �j #i V 1E « F 3 +i { _"0 r s:. »>• _ .y _ 'i ",lot 2 _ I H.4 , ITO 0 1•37 I n 32 31 30 29 25 1 27 29 25 24 23 22 21 20 .4 19, t0 4'• ��' >ti 11 L ' f •.•17rr1' ,'e— t a 1- 777! ,7ri ='{II}.9 17,,•.S x1I.74 a(Fat0'i1.7.7"r'1'' rl,ri iI ri 1 3s' 3169 I1 t3195! I1I Nit I O11F S 15:3 S Sl E5533I 39 1 39 1 1r� L44 43 Ii 41 ] Ci711 x,I �4=C..)I L —1dik--i-- �YfFli9} - — _ w• y9• s a I 49•.07 n)s { t ,r i _ _ 1 ,-rs.f. 1 � 6: I S 9r r1 i� '., 2 II � i � �� - iii `� ' fJ _' �'•9`j �I'.) ��� �- _ �� L�` N ic> n _ (7 30 31 32 i2 51 = 21 cl 22 P 23 ei 24 25 25 1 r rs , .; u n m 3 ,1 I ,1 uN y i r I r7 1/ ! .l e� to .. ar L V L 3 a a� A S S • C I a T E S C • M LOCAL EXPERTISE , NATIONAL • . _ LPFTHE p� EE & LEE & ASSOCIATES — SOURCES BELIEVEDTORMATION CONTAINEDBEABLE-HOWEVER,IN IS WE HAVE E SOURCES BEUEVEDTO BE RELIABLE.HOWEVER WE HAVE N ASSOCIATES' ONTARIO , INC VERIFIED! AND MAKE HECOMANTEES,WARRANTIES REPRESENTATIONS AS TO THE COMPLETENE550R ACCURf THEREOF.THE PRESENTATION OF THIS PROPERTY IS U'. COMMERCIAL HEAL ESTATE SERVICES Phone : (9 0 9 ) 989 .777 1 FCRFYAMPLE AND 15 SUBMITTED SUBJECT TO ERRORS, OMISSIONS,CHANGE OFFRICE OR CONDIITCNS,AND IS ONTARIO Corp ID : 0 0 9 7 6 9 9 5 SUBJECTTO PRIOR SALE,LEASE 0R WITHDRAWALVITTHOUT Packet Pg. 1036 OPINION OF VALLW `- Vacant Land , San Bernardino , CA 92404 0 L 0 (D E d L I) Q OLA. � – –r – – – — N w – Izs sa ,� F Ia 5T Ixs er R. to a 14 45 pis to 13 18 IP e 13 16sl I a I I � ,`s 12 17 t s� I �y i2 17 v La �.� ------- 2 J; 10 t'4 �, , I ;a t0 10 t9 ?3 U I � 9 20 f21 �' Q9 9 Z2, 20 '(2 I In d Vie) B 21 �; 8 ( 21 a I � ' o; 7 22 a poi 7 22 C3?) I o I _ dos 6 33 �- I a� d 23 L 7? 4 T. A. A. r Q I g 3 2 1 ® 0 5 4 3 2 1 (D 26; @j A2 (c7 M n o L C3) (� - X1.1. {t.3£ i !1.1 1 SC Q c as N t6 L V L 3 a 4) • V + p� THEINFORMATION CONTAINED HEREIN IS OBTAINED FRI +�+ LEE & LEE & ASSOCIATES - SOURCES SEUMD70 BE RETABLE.HOWEVER WE HAVE P Q NTIES ASSOCIATES ONTARIO, INC REPRESVERIEN A'IONS AD IT AND S TO TH COMPLETENESSORRAC URr THEREOF.THE PRESENTATION OF THIS PROPERTY IS U` COMMERCIAL REAL ESTATE SERVICES C Phone : (9 0 9 989 .777 1 FOREXAMPLEANDI5SUBMITTED SUBJECT TOERRORS, ONTARIO Corp ID : 00976995 SUO5.CHANGE OFPRICE OR CONDE I0 IS,AND S SUBJECT TO TO PRIOR SAl E. Packet Pg. 1037 OPINION OF VALL&' Vacant Land , San Bernardino , CA 92404 L Y- C d E L Q d co C V L 3 c- — — � � - - - - - -- -5 -j_ (L M as3.re lea.rc 44 5 ao PKI,Loi y c Z 44 2 if AC I U t � H 4 I Q x t10 At) vi ssa Je P.lB AC. Cb ffff (A IS i 3 j�} a 7i1 W � 0 @ bl 14 1: IGC eGR 63 t_ 173.35 8�:5 0 E L Q A4 C 65 L a u W W W L E E - A S S 0 C I A T E S C 0 M LOCAL EXPERTISEL NATIONAL REACH . WORLD C L ,� ss c a� E p� z LLEE& LEE & ASSOCIATES — THE CE BELIP ION CONTAINED HEREIN IS OBTAINED E SOURCES CE;]EVEDTO BE RELIABLE HOWEVER,WE HAVE VE 1ED IT AND MME ASSOCIATES- ONTARIO, INC RE RESENTATION$AS70THOECOM?ETENESSCIRRWARRANTIES Phone : (9 0 9) 9 8 9 . 7 7 7 1 THEREOF.THE PRESENTATION OF THIS PROPERTY IS U' COMMERCIAL REAL ESTATE SERVICES FOREJAMPLE AND IS SUBMITTED SUBJECT TO ERROR ONTARIO Corp ID : 0 0 9 7 6 9 9 5 OMISSIONS,TO PRIOR SALE LEASEOFPREORCONDITIONS, 14C IS SUBJECT TO PRIOR SALE.LEASE OR WITHDRAWALWRHOLR Packet Pg. 1038 41412017 Property Detail Report " Property Detail Report for: D GITAOOUCTS API e"eWppiryn L 2105 SUNRISE LN, SAN BERNARDINO, CA, 92404-5819 Owner Information: Owner Name: SUCCESSOR AGENCY TO THE REDEVELOPMENT AG E Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 >v Vesting Code: GOVERNMENT Phone Number: Q m Location Information: Legal Description: TRACT 6647 LOT 24 County: SAN BERNARDINO FIPS Code: 06071 Census Trct/Blk: 007407/3 1191-051-55- APN: 1191-051-55 AlternativeAPN: 0000 Map Ref: D4-577 R Twns hp-Rnge-Sect: -- Legal Book/Page: Tract No: 6647 Legal Lot: 24 Legal Block: Subdivison: 0- 00 Last Market Sale Information: 0 Sale Date: 11121/1997 Sale Price: 1st Mtg Amount: $21,250 Sale Doc No: 97-427398 Price Per SgFt: 1st Mtg Int Type: �— Transfer Doc No: 2016-0079352 Price Per Acre: 2nd Mig Amount: $ 1st Mtg Doc No: 2"d Mtg Int Type: W Sale Type: Deed Type: GRANT DEED/DEED OF TRUST = U Title Company: ORANGE COAST TITLE H Lender: SEC HOUSING URBAN DEV (— Seller Name: SECRETARY OF HOUSING&URBAN DEV Q vi Property Characteristics: Building Area: 4,260 Total Rooms: Construction: Living Area: 4,260 Bedrooms: 8 Heat Type: a Garage Area: Baths: 4 Air Cond: Basement Area: Fireplace: Roof Type: Parking Type: No of Stories: 1 Roof Material: 0 Yr Built/Effective: 1963/1964 Quality: Style: _ Pool Code: R Tax and Value Information: Assessed Value: $216,452 Assessed Year: 2016 Est Market Val: $330,000 w Land Value: $21,645 Property Tax: $2,918 Assessor Appd Val: Q Improvement Value: $194,807 Improvement%: 90 Tax Exemption: _ Site Information: m Assessor Acres: 0.22 Zoning: Land Use Code: 151 Assessor Lot SgFt: 9,438 No of Buildings: Land Use Desc: QUADRUPLEX Lot W/D: / Res/Comm Units: 4 County Use Code: 0605 Q Calculated Acres: 0.2167 Sewer Type: y Calculated Lot SgFt: 9,439 Water Type: _ ca m c� t v a c a� E v �a y Q http://dcl.parceistream.com/GetByKey.aspx?dataSource=SS.Prop.PropertyDetaiI/PropertyDetail&keyName=LOCATION_ID&keyValue=US 06_071 11910515.. 1/1 Packet Pg. 1039 4/4/2017 Property Detail Report DIGITAL MAP A8) Property Detail Report for. dheo�ucrs 2095 E 19TH ST, SAN BERNARDINO, CA, 92404-5827 ° r c Owner Information: Owner Name: REDEVELOPMENT AGENCY OF THE CITY OF SAN E a� Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 Vesting Code: GOVERNMENT Phone Number: Q m Location Information: �a Legal Description: TRACT 10353 LOT 21 U) SAN County: BERNARDINO FIS Code: 06071 Census TrctBlk: 007407/1 R 1191-031-23- APN: 1191-031-23 Alternative APN: 0000 Map Ref: D4 cc Twns hp-R nge-Sect: -- Legal Book/Page: Tract No: 10353 U Legal Lot: 21 Legal Block: Subdivison: d 0 Last Market Sale Information: 0 Sale Date: 9/1612011 Sale Price: $240,000 15t Mtg Amount: $ Sale Doc No: 2011-0387872 Price Per SgFt: $56 15t Mtg Int Type: Transfer Doc No: 2016-0076522 Price Per Acre: $1,000,000 2nd Mtg Amount: $ Z 1st Mtg Doc No: 2nd Mtg Int TY pe: W Sale Type: Deed Type: GRANT DEED/DEED OF TRUST = U Title Company: INVESTORS TITLE COMPANY Lender: H Seller Name: SALAS,ISMAEL;SALAS,MARGARITA Q vi Property Characteristics: Building Area: 4,285 Total Rooms: Construction: Living Area: 4,285 Bedrooms: 9 Heat Type: Garage Area: Baths: 5 Air Cond: _ Basement Area: Fireplace: Roof Type: Parking Type: No of Stories: 2 Roof Material: _ Yr Built/Effective: 1979/1980 Quality: Style: Pool Code: ea Tax and Value Information: Assessed Value: $254,650 Assessed Year: 2016 Est Market Val: $337,166 Land Value: $21,221 Property Tax: $3,406 Assessor Appd Val: Q Improvement Value: $233,429 Improvement%: 91.66 Tax Exemption: Site Information: _ Assessor Acres: 0.24 Zoning: Land Use Code: 151 y Assessor Lot SgFt: 10,220 No of Buildings: Land Use Desc: QUADRUPLEX Lot W/D: 1 Res/Comm Units: 4 County Use Code: 0605 Q Calculated Acres: 0.2345 Sewer Type: _d Calculated Lot SgFt: 10,215 Water Type: N 13 _ ra d rn M t v 3 a r a� E r http://dcl.parcelstream.com/GetByKey.aspx?dataSaace=SS.Prop.PropertyDetail/PropertyDetail&keyName=LOCATION ID&key\Mue=US 06 071 11910312.. 1/1 Packet Pg. 1040 4/4/2017 Properly Detail Report DIGITAL MAP,a ,eaap� Property Detail Report for: PRODUCTS O 2116 SUNRISE LN, SAN BERNARDINO, CA, 92404-6820 ° c Owner Information: m Owner Name: REDEVELOPMENT AGENCY OF THE CITY OF SAN y Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 Vesting Code: GOVERNMENT Phone Number: G a� Location Information: R Legal Description: TRACT 6647 LOT 14 N County: SAN BERNARDINO FIPS Code: 06071 Census Trct/Blk: 007407/1 1191-051-45- APN: 1191-051-45 Alternative APN: 0000 Map Ref: D4 R Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: 6647 r Legal Lot: 14 Legal Block: 3 Subdivison: a 00 Last Market Sale Information: c Sale Date: 1211612011 Sale Price: $20,000 1 st Mtg Amount: $ tD Sale Doc No: 2011-0533575 Price Per SgFt: 161 Mtg Int Type: Transfer Doc No: 2016-0076522 Price Per Acre: $90,909 2nd Mtg Amount: $ ~ 1st Mtg Doc No: 2"d Mtg Int Type: W Sale Type: _ Deed Type: GRANT DEED/DEED OF TRUST U Title Company: CHICAGO TITLE COMPANY Lender: F- Seller Name: DOMISCH,JOHN W; DOMISCH,SHELA M Q N Property Characteristics: Building Area: Total Rooms: Construction: Living Area: Bedrooms: Heat Type: a Garage Area: Baths: 0 Air Gond: Basement Area: Fireplace: Roof Type: Parking Type: No of Stories: Roof Material: o Yr Buitt/Effective: / Quality: Style: _ m Pool Code: ca Tax and Value Information: `o Assessed Value: $21,167 Assessed Year: 2016 Est Market Val: w Land Value: $21,167 Property Tax: $420 Assessor Appd Val: Q Improvement Value: Improvement W Tax Exemption: w Site Information: m Assessor Acres: 0.22 Zoning: Land Use Code: 450 y Assessor Lot Sq Ft: 9,400 No of Buildings: land Use Desc: MULTI FAMILY mACREAGE Lot W/D: I Res/Comm Units: County Use Code: 0000 Q m Calculated Acres: 0.2165 Sewer Type: M Calculated Lot SgFt: 9,431 Water Type: c co m t v 0- c a� E z U Q http://dcl.parcelstream,com/GetByKey.aspx?dataSource=SS.Prop,PropertyDetaillPropertyDetail&keyName=LOCATION_ID&keyValue=US 06 071 11910514... 1/1 Packet Pg. 1041 4/4/2017 Property Detal Report 19.b DIGITA S MAP�-�y,„,�,pa„� Properhy Detail Report for: IJ i- 2131 2131 SUNRISE LN, SAN BERNARDINO, CA, 92404-5856 ° r c Owner Information: Owner Name: REDEVELOPMENT AGENCY OF THE CITY OF SAN d Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401.1520 Vesting Code: GOVERNMENT Phone Number: Q m Location Information: �a Legal Description: TRACT 6647 LOT 22 N County: SAN FIPS Code: 06071 Census TrctBlk: 007407/3 BERNARDINO 1191-051-53- APN: 1191-051-53 Alternative APN: 0000 Map Ref: D4-577 R Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: 6647 v Legal Lot: 22 Legal Block: Subdivison: 0- 00 00 Last Market Sale Information: c Sale Date: 9/19/2011 Sale Price: $96,500 111 Mtg Amount: $ Sale Doc No: 2011-0391656 Price Per SgFt: $23 1"Mtg Int Type: Transfer Doc No: 2016-0076522 Price Per Acre: $438,636 2nd Mtg Amount: $ Z 1 st Mtg Doc No: 2nd Mtg Int Type: W Sale Type: _ Deed Type: GRANT DEED/DEED OF TRUST tJ Title Company: INVESTORS TITLE COMPANY Lender: Seller Name: ARCS,CARLOS LIZARDO;ARCS,CARLOS Q ui Property Characteristics: Building Area: 4,260 Total Rooms: Construction: Living Area: 4,260 Bedrooms: 8 Heat Type: Garage Area: Baths: 8 Air Cond: Basement Area: Fireplace: Roof Type: Parking Type: No of Stories: 1 Roof Material: p Yr Buift/Effective: 1963/1964 Quality: Style: _ Pool Code: ca Tax and Value Information: Assessed Value: $127,325 Assessed Year: 2016 Est Market Val: $204,333 t� Land Value: $21,221 Property Tax: $1,780 Assessor Appd Val: Q Improvement Value: $106,104 Improvement%: 83.33 Tax Exemption: c Site Information: Assessor Acres: 0.22 Zoning: Land Use Code: 151 y Assessor Lot SgFt: 9,438 No of Buildings: Land Use Desc: QUADRUPLEX Lot W/D: 660/1430 Res/Comm Units: 4 County Use Code: 0605 Cn Q Calculated Acres: 0.2167 Sewer Type: m Calculated Lot SgFt: 9,439 Water Type: rn 13 c m rn ca t v a r c a� E s http://dcl4)wceistrearn.00m/GotByKey.asp(?dataSoLrce=SS.Prop.PropertyDetail/PropertyDetail&keyNamc-LOCATION ID&keyValue=US 06 071_11910515.. 111 Packet Pg. 1042 4/4/2017 Property Detail Reporta Property Detail Report for: DIGITAL MAP[PRODUCT5 eeymanppr,e o L 2065 SUNRISE LN, SAN BERNARDINO, CA,92404- Owner Information: Owner Name: REDEVELOPMENT AGENCY OF THE CITY OF SAN E m Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 Vesting Code: GOVERNMENT Phone Number: Q a� Location Information: Legal Description: TRACT 6647 LOT 29 N County: SAN BERNARDINO FIPS Code: 06071 Census Trct/B[k: 007407/3 1191-051-60- APN: 1191-051-60 Alternative APN: 0000 Map Ref: D4 Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: 6647 L U Legal Lot: 29 Legal Block: Subdivison: a 00 Last Market Sale Information: 0 Sale Date: 1127/2012 Sale Price: $20,000 1st Mtg Amount: $ Sale Doc No: 2012-0034546 Price Per SgFt: 1St Mtg Int Type: Transfer Doc No: 2016-0076522 Price Per Acre: $90,909 2nd Mtg Amount: $ Z 1st Mtg Doc No: 2nd Mtg Int Type: LU Sale Type: Deed Type: GRANT DEED/DEED OF TRUST = U Title Company: FIRST AMERICAN TITLE COMPANY Lender: Seger Name: RUIZ FUENTEVILLA,SIEGFRIED M Q N Property Characteristics: Budding Area: Total Rooms: Construction: M Living Area: Bedrooms: Heat Type: tl Garage Area: Baths: 0 Air Cond: Basement Area: Fireplace: Roof Type: V) Parking Type: No of Stories: Roof Material: p Yr Built/Effective: / Quality: Style: _ Pool Code: a) ca Tax and Value Information: o Assessed Value: $21,221 Assessed Year: 2016 Est Market Val: Land Value: $21,221 Property Tax: $421 Assessor Appd Val: Q Improvement Value: Improvement%: Tax Exemption: c Site Information: aD Assessor Acres: 0.22 Zoning: Land Use Code: 460 E m Assessor Lot SgFt: 9,438 No of Buildings: Land Use Desc: MULTI FAMILYACREAGE Q Lot W/D: 1 Res/Comm Units: County Use Code: 0000 Calculated Acres: 0.2167 Sewer Type: Calculated Lot SgFt: 9,439 Water Type: rn _ ca m N co t U L a _ a� E 0t httpJ/dcl.pareelstream.corn/GetByKey.aspx?dataSource=SS.Prop.PropertyDetalllPropertyDetail&keyName=LOCATION_ID&keyVadue=US_06 071_1191051&.. ill Packet Pg. 1043 4/412017 Property Detail Report 19.b prc�pe�' Y �e � *R�f Report DIGITAL MAPI,.,.,,,p,&, 4 Property PRODUCTS 2045 SUNRISE LN, SAN BERNARDINO, CA,92404-5817 ° c Owner Information: Owner Name: REDEVELOPMENT AGENCY OF THE CITY OF SAN E d Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 4) Vesting Code: GOVERNMENT Phone Number: Q a� Location Information: m Legal Description: TRACT 6647 LOT 30 Cn County: SAN FIPS Code: 06071 Census TretBlk: 007407/3 BERNARDINO 1191-051-61- APN: 1191.051-61 Alternative APN: 0000 Map Ref: D4 U) Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: 6647 U Legal Lot: 30 Legal Block: Subdivison: n 0 Last Market Sale Information: 0 Sale Date: 112712012 Sale Price: $20,000 1 I Ng Amount: $ Sale Doc No: 2012-0034547 Price Per SgFt: 1st Mtg Int Type: Transfer Doc No: 2016-0076522 Price Per Acre: $90,909 2nd Wg Amount: $ Z 1st Mtg Doc No: 2nd Wg Int Type: LLI Sale Type: Deed Type: GRANT DEEDIDEED OF TRUST = U Title Company: FIRST AMERICAN TITLE COMPANY Lender: t— Seller Name: RUIZ FUENTEVILLA,SIEGFRIED M Q rn Property Characteristics: " Building Area: Total Rooms: Construction: Living Area: Bedrooms: Heat Type: Garage Area: Baths: 0 Air Cond: Basement Area: Fireplace: Roof Type: Parking Type: No of Stories: Roof Material: p Yr BudVEffective: ! Quality: Style: _ Pool Code: m ca Tax and Value Information: Assessed Value: $21,221 Assessed Year: 2016 Est Market Val: w Land Value: $21,221 Property Tax: $421 Assessor Appd Val: CP Q Improvement Value: Improvement W Tax Exemption: c Site Information: Assessor Acres: 0.22 Zoning: Land Use Code: 450 y Assessor Lot SgFt: 9,438 No of Buildings: Land Use Desc: MULTI FAMILY ACREAGE Lot WID: I Res/Comm Units: County Use Code: 0000 Q Calculated Acres: 0.2167 Sewer Type: ca Calculated Lot SgFt: 9,439 Water Type: to c R m N m t U a c d E L http://dcl.parcalstream.com/GetByKey.aspx?dataSource=SS.Prop.PropertyDetaiVProperlyDetaiI&keyName=LOCATION_ID&key\MLie=US_06_071_1191051ra 1111 Packet Pg. 1044 4MM17 Property Detail Report 19.b ANIK DIGITAL MAP Property Detail Report for. PRODUCTS �a.y�erbpa� 0 2182 SUNRISE LN, SAN BERNARDINO, CA,92404-5830 ,° c Owner Information: m Owner Name: REDEVELOPMENT AGENCY OF THE CITY OF SAN E a� Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 Vesting Code: GOVERNMENT Phone Number: rn a Location Information: R Legal Description: TRACT 6969 LOT 9 rn SAN County: BERNARDINO FIPS Code: 06071 Census Trct/Blk: 007407/1 1191.051-66- m APN: 1191-051-66 Alternative APN: 0000 Map Ref: D4-577 to ca Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: 6969 U Legal Lot: 9 Legal Block: Subdivison: a ao Last Market Sale Information: 0 Sale Date: 7/20/2011 Sale Price: $209,500 13t Mtg Amount: $ Sale Doc No: 2011.0293651 Price Per SgFt: $57 1st Mtg Int Type: Transfer Doc No: 2016-0076522 Price Per Acre: $872,917 2nd Mtg Amount: $ H 1st Mtg Doc No: 2nd Mtg Int Type: W Sale Type: Deed Type: GRANT DEED/DEED OF TRUST = Title Company: SERVICELINK U a Lender: ~ t-- Seller Name: CITIBANK N A,;JPMORGAN CHASE BANK NATIONAL ASSOCIATION, a vi Property Characteristics: U Building Area: 3,648 Total Rooms: Construction: Living Area: 3,648 Bedrooms: 8 Heat Type: n Garage Area: Baths: a Air Cond: Basement Area: Fireplace: Roof Type: m Parking Type: No of Stories: 2 Roof Material: p Yr Built/Effective: 19641 Quality: Style: _ Pool Code: R Tax and Value Information: Assessed Value: $221,864 Assessed Year: 2016 Est Market Val: $294,166 Land Value: $21,221 Property Tax: $2,987 Assessor Appd Vat: a Improvement Value: $200,643 Improvement%: 90.43 Tax Exemption: c Site Information: Assessor Acres: 0.24 Zoning: Land Use Code: 151 E Assessor Lot SgFt: 10,508 No of Buildings: Land Use Desc: QUADRUPLEX (D Lot W/D: ! Res/Comm Units: 4 County Use Code: 0605 a Calculated Acres: 0.2421 Sewer Type: d Calculated Lot SgFt: 10,546 Water Type: c R m rn R U d C a) E t U R a httpJ/dcl.parcelsteam.comiGetl3yKey.aspx?dataSource=SS.Prop.PropertyDetall/PropertyDetall&keyName=LOCATION_ID&keyValue=US 06 071 11910516... 1;1 Packet Pg. 1045 ..rr.rrr.r.r.. 4/7/2017 Property Detail Report 1 =:w DIGITAL MAP Property Detail Report for. PRODUCTS I 1238 N D ST, SAN BERNARDINO, CA, 92405-4735 ° Owner Information: Owner Name: SUCCESSOR AGENCY/RDA CITY OF SN BNDO y Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 L Vesting Code: GOVERNMENT Phone Number: Q m Location Information: Legal Description: FUSSELLS SUB LOTS 8 AND 9 BLK 34 R S B LOT 22 AND N 6 FT LOT 23 BILK 1 County: SAN BERNARDINO FIPS Code: 06071 Census Trct/Blk: 00550012 0146-242-32- m APN: 0145-242-32 Alternative APN 0000 Map Ref: G5-576 R Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: v Legal Lot: 22 Legal Block: 34 Subd"on: FUSSELLS SUBDIVISION RSB 0- 00 00 Last Market Sale Information: Sale Date: 1213/2014 Sale Price: 1st Mtg Amount: Sale Doc No: 20140463053 Price Per SgFt: 1st Mtg Int Type: Transfer Doc No: 2014-0463053 Price Per Acre: 2nd Mtg Amount: H 1 It Mtg Doc No: 2nd Mtg Int Type: W Sale Type: 2 Deed Type: U Title Company: Q Lender: ~ H Seller Name: Q yt Property Characteristics: Building Area: Total Rooms: Construction: Living Area: Bedrooms: Heat Type: Garage Area: Baths: 0 Air Cond: Basement Area: Fireplace: Roof Type: rn Parking Type: No of Stories: Roof Material: p Yr Built/Effective: I Quality: Style: _ Pool Code: R Tax and Value Information: Assessed Value: Assessed Year: 2016 Est Market Val: w Land Value: Property Tax. Assessor Appd Val: Q Improvement Value: Improvement%: Tax Exemption: o c Site Information: Assessor Acres: 0.18 Zoning: Land Use Code: 465 E a) Assessor Lot SgFt: 7,785 No of Buildings: Land Use Desc: RESIDENTIAL LOT CM Lot W/D: / Res/Comm Units: County Use Code: 0000 Q Calculated Acres: 0.1799 Sewer Type: R Calculated Lot SgFt: 7,836 Water Type: C0 c a� N R U L d C N E t http://dcl.parcelstream.com/GetByKey.aspx?dataSoLirce=SS.Prop.PropertyDetail/PropertyDetall&keyName=LOCATION ID&keyValue=US 06_071 01452423... 1/1 Packet Pg. 1046 4/7/2017 Property Detail Report �j � DIGITAL MAP ,,,,��,, Pproperty Detail Report for: PRODUCTS C L SAN BERNARDINO, CA, 92405- Owner Information: ami Owner Name: REDEVELOPMENT AGENCY CITY OF SB E aD Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 Vesting Code: GOVERNMENT Phone Number: Q Location information: ce Legal Description: FUSSELLS SUB LOTS 8 AND 9 BLK 34 R S B LOT 23 BLK 1 EX N 6 FT THEREOFSAN N County: BERNARDINO FIPS Code. 06071 Census Trct/Blk: 00550012 0145-242-33- m APN: 0145-242-33 Alternative APN: 0000 Map Ref: G5.576 w ca Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: U Legal Lot: Legal Block: Subdivison: 0- 0 Last Market Sale Information: 0 Sale Date: 12!312014 Sale Price: 18t Mtg Amount: 'n Sale Doc No: 20140463052 Price Per SgFt: 1st Mtg Int Type: Transfer Doc No: 2014-0463052 Price Per Acre: 2nd Mtg Amount: t- 18t Mtg Doc No: 2nd Mtg Int Type: W Sale Type: 2 Deed Type: 2U Title Company: Q Lender: ~ (— Seller Name: Q vi Property Characteristics: U Budding Area: Total Rooms: Construction: tz Living Area: Bedrooms: Heat Type: t1 Garage Area: Baths: 0 Air Cond: _ Basement Area: Fireplace: Roof Type: rn Parking Type: No of Stories: Roof Material: p Yr BudVEffective: / Quality: Style: _ Pool Code: ra Tax and Value Information: Assessed Value: Assessed Year: 2016 Est Market Val: $137,333 Land Value: Property Tax: Assessor Appd Val: Q Improvement Value: Improvement W Tax Exemption: Site Information: Assessor Acres: 0.15 Zoning: Land Use Code: 465 m Assessor Lot SgFt: 6,655 No of Buildings: Land Use Desc: RESIDENTIAL mLOT Lot W/D: ! Res/Comm Units: County Use Code: 0000 a Calculated Acres: 0.1534 Sewer T YPe� R Calculated Lot SgFt: 6,682 Water Type: c R m R t U L 7 ll C E L U 0 Q http://dcl.parceistream.com/GetByKey.aspx?dataSource=SS.Prop.PropertyDetaiI/PropertyDetail&keyName=LOCATION ID&keyValua=US 06 071_01452423.. 1/1 Packet Pg. 1047 �r.r..rrrrr.rs i i 4/712017 Property Detail Report }�!i Report DIGITAL MAP Property a Detail rt for. PRODUCTS � Hid1eK+ptN�tl0 SAN BERNARDINO, CA, 92404- ° _ Owner Information: m Owner Name: REDEVELOPMENT AGENCY CITY OF SAN BERN E m Mailing Address: 201 N E ST STE 301,SAN BERNARDINO,CA,92401-1520 a) Vesting Code: GOVERNMENT Phone Number: Q a> Location Information: Legal Description: ORANGE GROVE TRACT PTN LOT 6 BLK 21 DESC AS COM 400 FT N OF INTERSECTION CEN LI DEL ROSA AVE AND LEMON ST TH W TO W LI SD LOT _ County: SAN BERNARDINO FIPS Code: 06071 Census Trct/Bk: 006100/4 APN: 0155-101-08 Alternative APN: 0155-101-08- Map Ref: CI-577 0000 t Twnshp-Rnge-Sect: -- Legal Book/Page: Tract No: i Legal Lot: Legal Block: d Subdivison: 00 Last Market Sale Information: o un Sale Date: 12/3/2014 Sale Price: 1 st Mtg Amount: Sale Doc No: 20140463050 Price Per SgFt: tat Mtg Int Type: Transfer Doc No: 2014-0463050 Price Per Acre: 2nd Mtg Amount: Z tat Mtg Doc No: 2nd Wg Int Type: LuLu Sale Type: _ V Deed Type: Q Title Company: F- Lender: Q Seller Name: Property Characteristics: Building Area: Total Rooms: Construction: Living Area: Bedrooms: Heat Type: Im Garage Area: Baths: 0 Air Cond: _ .N Basement Area: Fireplace: Roof Type: C Parking Type: No of Stories: Roof Material: _ Yr Built/Effective: / Quality: Style: d Pool Code: ca Tax and Value Information: Assessed Value: Assessed Year: 2016 Est Market Val: Q Land Value: Property Tax: Assessor Appd Val: o Improvement Value: improvement%: Tax Exemption: _ m Site Information: E Assessor Acres: 0.36 Zoning: Land Use Code: 465 y Assessor Lot SgFt: 15,769 No of Buildings: Land Use Desc- RESIDENTIAL ` Q LOT Lot W/D: 90011750 Res/Comm Units: County Use Code: 0000 a� Calculated Acres: 0.9156 Sewer Type: to Calculated Lot SgFt: 39,884 Water Type: a c R m ca t v _ a as E r http://dcl.parceistream.comIGetByKey.aspx?dataSource=SS.Prop.PropertyDetaii/PropertyDetail&keyName=LOCATION_ID&keyValue=US 06_071_01551010... 1/1 Packet Pg. 1048 OPINION OF VALR' — Vacant Land , San Bernardino , CA 92404 0 L _ E d L Executive Summary _ R R L a 00 0 Lf) Z w v a a N R V a _ .N 0 x as R E L 0 Q 0 m E m m L a� Q m R _ R d fn R L V L 3 a r m L �' . COM LOCALE r U p LEE He LEE & A S S O C I A T E S SOURCES INFORMATION CONTAINED HEREIN IS OBTAINED URCE56EUEVEDTO BE RELIABLE.HOWEVER,WE HAVE N R f' ASSOCJES IATES- ONTARIO , INC RE RESENTA'ICINUASTO HE COMPLETENESS OR a THEREOF.THE P RESENTATION DF THIS PROPERTY CS U! COMMERCIAL REAL ESTATE SERVICES Phone : (9 0 9) 9 $ 9 . /-/ 7 7 1 FOREXAMPLE AND I'SURMITTED SUBJECT TO ERRC, ONTARIO Corp ID : 00976995 OMISSIONS'`HANE SUBJECT TO PRIOR SALE,I' Packet Pg. 1049 rr April 10, 2017 0 Ms. Lisa Connor, Project Manager Successor Agency to the Redevelopment Agency City of San Bernardino 201 North E Street, Suite 301 a San Bernardino,California 92401 2 Re: Opinion of Value Vacant Residential Land, San Bernardino,CA �a Ms. Connor: U L Pursuant to your request, we have prepared the following report regarding our opinion of value a for the above referenced property. We have utilized the market approach to value for this °-° analysis. LO The Subject Properties consist of 10 vacant residential lots ranging in size from approximately z 0.15 to 0.92 acres (or 6,534 to 40,075 square feet). All 10 Subject Properties have curb,sidewalk w and access to major utilities. The Subject Properties are also located in mostly developed areas, x making them more desirable as "infill" development locations. a Vacant residential lot numbers 1 through 7, as listed on Exhibit A, are zoned Residential Medium a High (RMH). The RMH zoning, where the minimum lot size is 7,200 square feet, is intended to v, promote the development of detached and attached units, duplex, mobile home parks, and small lot subdivisions as part of a planned residential development where the intent is to consolidate lots to achieve maximum open space. The maximum density is 8 units per net acre. Vacant residential lot numbers 8 through 10 are zoned Residential Medium (RM). The RM zoning, where the minimum lot size is 14,400 square feet, is intended to promote the development of multi-family o townhomes, condominiums, and apartments. The maximum density is 12 units per net acre. x a� Comparable residential land sales in the last 6 months ranged from $0.77 to $4.62 per square foot. The average of comparable sales is $2.50 per square foot. The low end of the range o represents land that is "rave' and unimproved, while the high end represents pads that are a improved for immediate development. o For comparable residential land in the market, asking prices currently range from $1.50 to $6.00 per square foot. The average asking price is $3.28 per square foot. We expect these properties E to sell below the average asking price, due to a surplus of comparable properties available for sale in the market, and rising construction costs set against flat housing prices. The average asking price of$3.28 per square foot vs. the average sales comparable of$2.50 per square foot 2 reflects a 23,8%decline from average asking price to average sales comparable,which is a trend in that is in line with our expectations for the current San Bernardino vacant residential land market. a� Given comparable land sales in the local area and current available properties, combined with the current condition of the subject properties, we believe the market value is as follows: _ Market Approach to Value: $2.50 per square foot a a� E L 0 Packet Pg. 1050 Page 2 0 L 0 Also, enclosed you will find the following: _ m 1. Property profiles. 0) 2. Aerials and tax maps of the Subject Properties 3. Available residential land for sale in San Bernardino 5,000-50,000 sf a 4. Residential land sale comparables in San Bernardino 5,000-50,000 sf U) We appreciate the opportunity to provide you with this report. Please do not hesitate to call with any questions. to rn R Sincerely, Lee&Associates -Ontario a 00 0 Cody J. Wolf Chris G. Morrell Associate Associate ►- 909.373.2916 909.373.2721 w x U t Q H Q el Kub sty vi Brok4 er U 909.989.7771 R -- a Lic#00933602 a, _ 0 0 x m ca E L 0 a O r 0 E d 0 L a _ a) s L a m E All information contained herein is obtained from sources believe to be reliabie.However,we have not verified it and make no guarantees, V warranties or representations as to the completeness or accuracy thereof.The presentation of this property is used for example and is 2 submitted subject to errors,omissions,change of price or conditions,and is subject to prior sale,lease or withdrawal without notice.No liability Q of any kind is to be imposed on the agents or broker herein.The authors of this letter are not licensed appraisers. Packet Pg. 1051 ------ OPINION OF V Vacant Land , San Bernardino , CA 92404 L 0 Exhibit A L a I IIn^^ I i t i a c a a� s L 1 1191-051-55 2105 Sunrise Ln 0.22 9,583 $2.50 $23,957.50 a 00 0 0 2 1191-031-23 2095 E 1911,St 0.23 10,019 $2.50 $25,047.50 Z w 1191-051-45 2166 Sunrise Ln 0.22 9,583 $2.50 $23,957.50 v a a 4 1191-051-53 2131 Sunrise Ln 0.22 9,583 $2.50 $23,957.50 u; 0 5 1191-051-60 2055 Sunrise Ln 0.22 9,583 $2.50 $23,957.50 c N m 0 6 1191-051-61 2045 Sunrise Ln 0.22 9,583 $2.50 $23,957.50 E L 0 7 1191-051-66 2182 Sunrise Ln 0.24 10,454 $2.50 $26,135.00 a 0 r 8 0145-242-32 1238 N"D" St 0.18 7,841 $2.50 $19,602.50 a� L a� a 9 0145-242-33 N"D" St 0.15 6,534 $2.50 $16,335.00 co _ 10 0155-101-08 N Del Rosa Ave 0.92 40,075 $2.50 $100,187.50 r U L a c a� • C I A T F S . C • M LOCAL EXPERTISE NATIONAL s Q p THE INFORMATION CONTAINED HEREIN 15 OBTAINED F -.,. LEE& LEE & ASSOCIATES - SOURCES SEUEVEDTO BE RELIABLE.HOWEVER,WE HAVE ASSOCIATES ONTARIO , INC PRESENT T AND MAKE NOGUARANTEES,WARRANTIES REPRESENTATIONSAS TO THE COMPLETENESSORACCURA THEREOF.THE PRESENTATION OF THIS PROPERTY IS US COMMERCIAL REAL ESTATE SERVICES Phone : ( 9 0 9 ) 989 . 777 1 FORLMMPLE AND IS SUBMITTED SUBJECT TO ERRO4., ONTARIO Corp ID : 0 0 9 7 6 9 9 5 OMISSIONS,TO PRIOR SALL LEASEOFPRE ORCONDWALWANCIS SUB/ECT TO PRIOR SALE,LEASE OR WRHDRAWALWITHOUT Packet Pg. 1052 OPINION OF VALL ?' Vacant Land , San Bernardino , CA 92494 0 0 E 43) Available Properties Cn For Sale t L a co 0 H Z w U Q F- 0 O 2 O 'a L O Q r C 4) I_ d L Q Cn (Q V V a c m LOCAL . CLAss E THE INFORMATION CONTAINED HEREIN S OBTAINED FRC y LEE& LEE & ASSOCIATES - SOURCES BEUEVEOTO BE RELIABLE.HOWEVER WE HAVE N +' ASSOCIATES ONTARIO , INC REPEES NTATIOOMDASTOTFO.ECOMP ETENE SORRACCUERAi0Q Phone : (9 0 9 9 8 9 . 7 7 7 1 THEREOF.MPLEAND15SHE ONOFEHSBJECTTOERRO PROPERTY 15 US COMMERCIAL REAL ESTATE SERVICES \ FORSIONS, HAND 6 FPRJCE OR CONDITIONS A O S ONTARIO Corp I D : 00976995 OMIT TO PRI RSAL ELEASE EORCONORIONS ANDS SU TO PRIOR SALF,LEASE OR WRHDRAWALWRHOUT Packet Pg. 1053 J J J J J J J J J J J U U U U U U U U U U U U U U U L 0 E d L Q d Cn O � POOI I+1 Oa In Ln 40 IWIf .a.INNpN Qat � � d or N _ or m o Oop♦ppp0000001000 � U D OOE0000000001000 L � � O �' OO O� ID00000+ 01000 N 3 N of M 0 Oi.r m"di lei of Ot Ci Lr If1 vi vi N a L. YF M 4IF OF Y►W 4-,4&1R t/k W Yt VF Co CD C CD O N r O J w Z 0 Qaaaaaaaaaaaaaa ° w LO NNr�.iNNNNNNNNNNNN Q = I Q 0 F- O m m m m m m m ♦a m m m m m m m ~ NV1 � fA VI VI WHNOI (fl {A V1 V1 IA Q Ln o N 49 Y �v w' O r C > I �io� > ccS 3m 00 d 0 � 7 > m c 3 O e c� rn ccw aid"� t~n =1= udxJ � a a„ _ m 1�I1�- O a m m U a�_r L C c w o � A CN O O O O O n fn N 0 0 0 0 D E � Ln J N v N '^ c o (A -� 0 (D t0 .0— E pOpOOCGCCGC0000 �m d z Z z Z Z Z Z Z Z Z Z Z Z Z Z m w d Q g5g555555555555 C ¢ ¢ ¢ ¢ Q Q ¢ ¢ Q ¢ ¢ ¢ ai �p P, m N ry1,,0 st b.ciN H a �0 c m n� H t'4 Ch Ln w v fC f✓1t H WI 14 a N N IA Ni 7 N m%� a0 n N n '1 94 %D 61 N N •i ti rl 'i�.ei .i - •i q C.� L a' > > �rto > > .� > >> Oo i VI LL7 U C M H G W W W. T V E m a O � X t+ �¢ O O N w w w aiw w w N� 0 0 Cm 0 c ro tm rn S a C M 0% c C c E L C C C m (a C C m m m C C m m Ix u 3 Z 7 U U = = U U U = = U U U r„ 3 3 3 v u 3 3 0) u w 3 3 w u w w w L a) ' .Y L L w w L l = zzzaczz0. 0. 0. zz0. c. n. Packet Pg. 1054 19.b OPINION OF VALLi Vacant Land , San Bernardino , CA 92404 0 L 0 V.. 4) E 4) L Completed sale Q Transactions U L 7 a co 0 H Z w x U Q H H Q vi ® m u (`a a a� c N 0 0 x m ca �a L 0 Q 0 c m E m m L Q N C ca d R s v L a c m • C I ' T E S C • M LOCAL • • E t u LED FR( EE& LEE & ASSOCIATES - THE INFORMATIONBELIEVCONTELIAB HERFWEVIN IS R.WE HAVEN SOURCES BEL'EVFDTO BE RELIABLE.HOWEVER,WE HAVEN +� ONTARIO,T A R I O, INC VERIFIED R AND MAKE NOGUARANTEES,WARRANTIES Q ASSOC I ATE S REPRESENTATIONS AS TO THE COMPLETEN ESSOR ACCURC Phone : (9 0 9 9 8 9 .7 7 7 1 THEREOF.THE PRESENTATION OF THIS PROPERTY IS UE COMMERCIAL REAL ESTATE SERVICES \ FOREYAMPLE AND IS SUBMITTED SUBJECT TOERRO,..., OMISSIONS,CHANGE E ORCONDITIONS,ALWAND IS ONTARIO Corp ID : 0 0 9 7 6 9 9 5 SULEASE SUBJECT TO PRIORSALE,LEASE OR WITHDRAWALWRHOUT Packet Pg. 1055 L a f u a u z u u u a u u z u z u u u u u u z a u u v u d u u u u u u u u u u u u u u u u u u u u u u u v u � m N r1 .i eel N N N 'i rl wA N N .-1 N N N eel .a N N N H N rl N L d O O n (�D 1�0 N th0 NM M n n u1 m n O N V t�D h n N N O O O +-i M N +-I .-1 ti H H 1 N N O M ti N H O N O O Q O O .-I O N O 0 C3 R 1., .1o o ? o Lon000 o LonMoS S ' 8 S S 8 0 0 O O O N [n O N N 00 N 00 N ci N �i u7 N fV N 7 m N �i a' nl cJ N Hi 4 N N E eNp a t J0 10 L o a C 0 n ~ 00 8 O N uD .D O O o 0 00 N w W 0 N 00 yt :° 0D C C .. C `.. .. .. w - .. It; .. M d 4 ti .moi ,-t N N O W-i ti M ^ N N .-� r�i N O h Ln N OD N N N M M M Vi N V W M HO O O O O O O O O O O O O O O O Z O ppyy ftn�s w Q +-4 m+ ati NI CO h W N N Od ~ O W � U Q ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ •► d o o ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ (n F 0 Q 0 a O O O O O O M or OOOOOO 0O OO gO .n gO g a Ln o d o o O N Q ? W WW N N N N M M M M M M M M N! It LO h Ln m %DD %D �D kc V C MI Vr V! N) H iA IA- N N W iN Vt iR k W U! V! iR 40 D W � a m a C o W W .y W H F ` N W W W y A N V F N C a K = m N a -j Z O a D! a D_' z c > w D_' � �' K 'N _ ° 7 l0 O u a a a a a a a n a a a a a a a n a a a a F F F (c = (A N N (n N N N In N N N N V) lA In N y VI N N N VI y c 0 L V v v v a v v v e c < a v v v a v v a a v v v a a c L p a N N N N N N N N N N N N N N N N N N N N N N N N N 0, d C O d y m m CO CO CO [O M CO CO M CO M m z0 m m m m m m W m W m r V to W Ln (n UI Ln (n to NW cn [n (n = (n 1n w (n (n N N N (n (n u) rn n o N o� E c" N .c y y' .0 L O q C O Ztt t C a D q CO) z a u O O n c F q qa C m in _ a =al o N v��l 0 0 w 3 0 3 0 0 0 3 3 n N 3 0 3 W 0 M z Ln 0 r4 N o o >Go It M o L Ln ~ ~ N N n ^ n�Y O M N M N d v L ♦i N N .a N 'n O� I^3 O :2'2 F+ (n N (n U1 V7 (n (n UI N w N m N W N N VI In W to N W N tn N (n d C E 16 M (n , T W O N N N N N IMl7 M O O N M .Mi Qi c N W N H M (p+� M M a V N O NO W O m 01 ti M N tD N tD O O O 'r 4 O M N N J V 0 0 0 .�-1 N N C p C (0 C) tD 'D 'D , "' W W O 1D .r .-I C M W � (0 1D O-1 lD � 0 .-1 N N M N .� N (n > > >> } 3 3 o > > '' y 3 3 o ©a Ot u V U W a O .. .y u u w W to En r Packet Pg. 1056 OPINION OF VALUYF ,memo, Vacant Land , San Bernardino , CA 92404 0 0 E a Qualifications c 3 a co 0 W) H Z w x U Q H H Q vi L v c`a a as c .N 0 x m ca E 0 r_ Q 0 a� E 4) VD aT a d N c m rn t v a. c m • • • • • • E t L) THE LEE& LEE & ASSOCIATES - SOURCES BELIEVONCONTAMED HEREWEVER.WEHAIN IS OBTAINED EN SOURCES BEUEVEDTO BE RELIABLE.HOWEVER WE HAVE N +' ASSOCIATES, ONTARIO, INC VERIPIEDI AND MAKE THE WARRANTIES CUR a REPRESENTATIONS AS TO THE COMPLETENESSOR ACCURO % Ph9 0 9 9 8 9 . 7 7 7 1 THEREOF.THE PRESENTATION OF THIS PROPERTY IS U! Phone :COMMERCIAL REAL ESTATE SERVICES FORE%AMPLE AND 15 SUBMITTED SUBJECT 70ERRO- ONTARIO Corp I D : 00976995 OECT TIO PRIOR CHANGE EASE E ORCONDITIONS,AND IS SUBJECT TO PMIOR SALE,LEASE OR WITHORAWALWITHOUI Packet Pg. 1057 l' ,1 Specializing in INDUSTRIAL, LAND INVESTMENT brokerage PROFILE Chris Morrell has been an industrial broker with Lee&Associates for 9 years. Chris specializes in the sale and leasing of industrial properties in the Inland Empire. Chris a) E emphasizes a value-add approach to each assignment,implementing a customized strategy for y each client. Chris specializes in the origination,structuring and assemblage of land for major `M institutions and provides advisory and brokerage services for firms in the acquisition of Q m regional warehouse and manufacturing facilities. CAREER SUMMARY e�iris morrell Mr.Morrell began his industrial brokerage career under the tutelage of Lee-Ontario's perennial N top producer,Joe McKay. Today,Chris focuses on providing an array of real estate advisory s Associate services to assist local and national firms with the resources and capabilities necessary in the L License IDA 01410974 office 909.373.2721 acquisition and disposition of distribution and manufacturing facilities. Within the past 3 tl fax 909.256.2526 ,years,Mr. Morrell has successfully assembled and closed on more than 60 property owners 00 emorrell@lee-assoe.com comprising more than 200 acres translating to more than 4M SF of industrial space existing, N 3535 Inland Empire Blvd under construction and planned. Ontario,California 91764 Z RECENT TRANSACTIONS/ASSIGNMENTS w • Meridian Business Park(Riverside) ±1.290 Acres • Meredith International Centre(Ontario) +150 Acres = U • Citrus Commerce Center(Fontana) ±80 Acres • Goodman logistics Center(Fontana) =30 Acres Q • Ridge Development(Fontana) ±12.5 Acres vi • Walmart 639.000 sq.ft. PAR'T'IAL CLIENT LIST • sports Chalet 326,000 sq.ft. ALERE PROPERTY GROUP • Halliburton international Foods 300,000 sq.ft. Duke Realty 288.000 sq.ft. C GOODiMN» WESTERA'REALCD • Cliff-tar Corporation 262.000 sq.ft, C »RIDGE DE f ELOPAlEA'T • Englewood Marketing Group 137.000 sq.ft. _ d »DUKE REALTY »SARES-REGIS GROUP EXPERIENCE »JP MORGAN • 2007 to present: Associate,Lee&Associates-Ontario 0 » IYAYPOINT PROPER TYGROI IP • 2003 to 2007: Associate,O'Donnell/Atkins Residential Land Brokerage Q 0 » LEIVIS GROUP OFCOAIPAA7ES »HOII:ARD INDUSTRIAL PARTNERS EDUCATION Bachelor of Arts(Business,Entrepreneurship)2003 m » CROli'HOLDINGS California State University, Long Beach m »PROLOGIS L »SUNKIST AFFILIATIONS/MEMBERSHIP Q » ENGLEWOOD MARKETING GROUP . American Industrial Real Estate Association(AIR) »SPORTS CHALET . National Association of Industrial&Office Properties(NAIOP) N » HALIBURTON INTERNATIONAL • State of California Department of Real Estate FOODSin 16 ar » THORSEN TOOLS PERSONAL INFORMATION »SCREEN USA Mr.Morrell is a member in good standing with the AIR Commercial Real Estate Association and NAIOP. Chris is father to two girls,Avy(13)and Olivia(10). IL r c m E s LEE & ASSOCIATESLee& Associates—Ontario Your Local Market Experts wi%w.lee-assoc.com COMMERCIAL REAL Packet Pg. 1058 19.b Specializing in INDUSTRIAL, LAND & INVESTMENT Brokerage o L PROFILE c Cody Wolf has been with Lee&Associates-Ontario for i years.Cody specializes in the sale and E leasing of industrial properties in the Inland Empire.Cody emphasizes a value-add approach to ai each assignment,implementing a customized strategy for each client.Additionally,Cody has a focus in the origination,structuring and assemblage of land for major institutions and provides Q advisory and brokerage services forfirms in the acquisition of regional warehouse and Cody manufacturing facilities. N c Wolf CAREER SUMMARY N Associate Mr.Wolf began his industrial brokerage careerunderthe tutelage of Lee&Associates-Ontario License ID#03-997598 Perennial top Producer,Joe McKay.Today,Cody focuses on providing an array of real estate � office 909.373.29j6 advisory services to assist local and national firms with the resources and capabilities necessary a fax 909,944.8250 in the acquisition and disposition of distribution and manufacturing facilities.Within the past 00 cwolf@lee-assoc.com year,Mr.Wolf has been an integral part ofthe Joe McKay team that has leased two million 0 Oa 3535 Inland Empire Blvd square feet of industrial space at the Meredith International Center,in Ontario. Ontario,California 93.764 Z EXPERIENCE w • 2015 to present: Associate,Lee&Associates-Ontario U Q H H EDUCATION Q vs • Bachelor of Science,Human Biology&Society with emphasis in Medicine&Public Health University of California,Los Angeles CWARTIAL CLIENT LIST a • Sores-Regis Group AFFILIATIONS/MEMBERSHIPS h • J.P. Morgan � • first Industrial Cody is a member of the American Industrial Real Estate Association(AIR),and the State of 2 California Department of Real Estate. • Waypoint Property Group m • Crow Holdings • V✓esternRealco L PERSONAL INFORMATION • Howard Industrial Partners r- Q • REDA Mr.Wolf resides in Rancho Cucamonga.He has dedicated a great deal of time organizing and c • Stater Bros. participating in philanthropic events for the National MS Society and the Boys&Girls Club of • Southland Propane East LA. • North West Mattress d a� a> Q m c m N co t v L a c m E �a r LEE & Q ASSOCIATES Lee&Associates—Ontario Your Local Market Experts www.lee-assoc.com COMMERCIAL REAL Packet Pg. 1059 Lee & Associates Overview 104% $12+ bUflon 850 increase transaction volume agents E W in transaction 2015 and growing volume over 5 years nationwide LOCAL EXPERTISE. INTERNATIONAL REACH. WORLD CLAM At Lee &Associatess our reach is international but our I[11 S1 R I I I expertise is local market implementation. This translates into seamless, consistent execution and value driven market-to- market services. INVESTMENI Our agents understand real estate and accountability. They provide an integrated approach to leasing, operational efficiencies, capital markets, property management, MUITI-111F'AY z valuation, disposition, development, research and consulting. 110 We are creative strategists who provide value and I'llirifthlY custom solutions, enabling our clients to make profitable decisions. VALUATION CONSULTING 0 AFFILIATE INTERNATIONAL RELATIONSHIP fig, w 0 I* Austria 10 Netherlands P, GBMMVIP i Belgium Poland Is France to Slovakia Ireland Spain E Luxembourg Turkey THE POWER OF THE LEE NETWORK tea ea Pcsucleria,CA Vancouver,B.C. Eastern Pennsylvania,PA Cleveland,OH Columbus,01-1 Houston,IX Denver,CO Cleveland,OH Long Islancl-Queens,NY Chesapeake Region,MID - Valuation,Atlanta,GA - Chadeston,SC - Edison,NJ - Orlando,FL - Fort Myeis,FL - Manhattan,NY - Greenville,SC Atlanta,GA - Greenwood,IN - Indianapolis,IN - Long Beach,CA - Elmwood,NJ - Boise,ID - Palm Desert,CA - Santa Barbara CA - Antelope Valley,CA Dallas,TX Mcclison,WI - Oakland,CA - Reno,NV •Son Diego,CA - Ventura.CA - Son Luis Obispo,CA - Southfield,MI -Sonia Maria,CA - Colabas m CA - St.Lor n,MO 4) Chicago,IL VictorvIle,CA Temecula\oblley,CA - Central LA,CA - Sherman Oaks,CA West I.A.CA - Pleasanton,CA -Stockton,CA - E Phoenix,AZ Carlsbad,CA Industry,CA - Los Angeles,CA - Riverside,CA - Ontario,CA Newport Beach,CA - Orange,CA - Irvine,CA lee-associates.com 0 C I A T E S , C 0 M LOCAL EXPLRTISL . NA f1C) NAL REACH Vv' (I u ( 1) 1 1 —1 Packet Pg. 1060 .ti E e Founded In 1979, Lee (:> -,ssocicjfe� ' has achle'ed conzistent tll ;n l e ter 1Jtlty. hc7t7-11 '1 I.1 'irr thilr -'001000. r—_l e_i"Ite trOn>,1(ti=Y1, riC1 K–Il '.'Ide. .`ith oyer veal-: of real e--tet(-- expenerce, our agent; offer- an integrated approach v.,ith the understanding that e,ery project is unique. As your real estate partner, —e offer every o-sheet of real esiate ser,IcFs and the necessat�f, eKapertise to successfully i W-11-lenient n,-,v type of commercial recd ect'!te' (--t"Giect. r 1 � .,_.. cae.elopr�ienf rec,e- I�pr��ent corporate ? asset t in�,�estm�nt sc- ice> }. t}r'ot.erty rncrrla-iement tericnit !' landlord representation s 1:- IIces sale disposition acctui�ition •, rnanagernent services •. ,crluclFr)II c,--)r cultinu f Our extensive local ma14:et 1:no-Jedge seasoned agent-, and resources, ena}-de e�:ervlee tecrnl to c,piiml e their client's real estate porN lio y mcfa'ir111Zing value, cIs '-;C:ll a �, ... r w. � r 1 � WWW . LEE - ASSOCIATES . COM LOCAL EXPERTISE NATIONAL REACH . WOR , n CI A '.S Clients Select Us Again And Again For Our 1s.b measurable s ` ance value ;_ L our goal is to help clients achieve their goals Cn n provi ing ong-term value L a ao 4 r O creative, strategic thinkers, knowledgeable Ln W customized delivery platform and `Y Q r .. N Y .x C O L nxa;' Q CD a� f I Q 4 d U) N im No � V E lee-associates.com L& • • NATIONAL Packet Pg. TR 19.b What Sets Us Apart? 0 L W _ I_ L Q Cn _ R N tQ t V L r 3 confident responsive strong national presence young./energetic 00Lna o entrepreneurial personal service top notch specialty firm enp Z focused specialists reputable strong negotiators a committed execution-oriented market knowledgeL) CW y owned firmcollaborativeafast decision capabili#ies gent CL Results from.a Ihiid pally branding study. W 3 O 2 O E (: 4 4) ft N INDUSTRIAL d PROPERTY MANAGEMENT VALUATI to cv L DN CONSULTING r U eo� Q lee-associates.com AS • CIAT ES .0 • M L • • Packet Pg. 1063 Lee Advantage 19.b Our Promise... Why companies prefer to partner with us... L _ • Unparalleled Market Knowledge&Database MARKET LEADER. • Market Specialization SPECIALIZII-JG Ill MARKET INTELLIGENCE a • Experienced Institutional Pruiect Leasing Team RELEVANT WORK. R SEASONED AGENTS WITH RELEVANT N • Significant Volume Of Deals Seen Through Our Office TRANSACTION EXPERIENCE c m • Detailed And Informative Proprietary Market Database U) Q WE SAVE YOU TIME. • Passion To Get The Deal Done Quickly, Efficiently CREATIVE PROBLEM SOLVi14G SKILL SETS L a • Accessibility -Calls Returned Within 24 Hours Or Less ® ABILITY TO UNDERSTAND. Co - Team Approach For Showings&Follow Ups EFFECTIVE CLIENT COMMUNICATION • Street Broker Mentality&Hustle Approach 0 INTEGRITY. Z SHAPES OUR CULTURE &DEFINES THE CHARACTER w • Weekly Internal Meetings Regarding Your Portfolio OF OUR COMPANY 2 U • Detailed Monthly Reporting, Every Month e— • Company Consistency - We Are In It Long Term Q What our Brokers say... N • Integrity- We Do What We Say VJe Are Going To Do .N 3 O d tC L O w Q 0 _ aD Maggie Montez, Stein Koss, -Vince Anthony, d Principal Phoenix AZ Ontario,CA ` Palm Desert,CA G1 � a I was with CBRE for 16 years and I spent nine years at CB Richard was in the upper echelon of their retail world but with little control Ellis,a good company and place Lee 8 Associates is the only firm of my day to day business.At Lee to learn the business.The move I know that offers you ownership to Lee&Associates was the BEST of the company,high commission & Associates,I do everything I m decision ever.The energy level, splits,an opportunity to invest in rn always did for my clients and I ry keep a much larger portion of theentrepreneur and maverick spirit real estate,access to a network of v commissions.f make the decisions was a welcome environment. seasoned and highly successful L The synergy and atmosphere of real estate professionals in and hove total autonomy. My 0- clients clients are happy, I'm happy...Life our office is a highly productive multiple markets. arena. is good! _ t __...._..............._......_.................._......................_.........._._....._......._........................__.__._._..........._.........................................._.................._.....-..........___..._................—.,.._............_................._..._.............................. ...... L& lee-associates.com WWW . LEE + • + • M LOCAL EXPERTISE , NATIONAL Packet Pg. 1064 mi 19.c PURCHASE AND SALE AGREEMENT (REAL ESTATE) 0 THIS PURCHASE AND SALE AGREEMENT(the"Agreement")made this_day of June 2017 0 by and between the Successor Agency to the Redevelopment Agency of the City of San Bernardino (the "Successor Agency") and City of San Bernardino, in its capacity of the Successor Housing Agency to the Redevelopment Agency of the City of San Bernardino (the "Successor Housing Agency"). Collectively, Successor Agency and Successor Housing Agency are referred to herein as the"Parties." a R WITNESSETH: N WHEREAS, pursuant to Health and Safety Code (the "HSC") § 34172 (a) (1), the Redevelopment N Agency of the City of San Bernardino was dissolved February 1,2012; and M WHEREAS, consistent with the provisions of the HSC, on January 9, 2012 the Mayor and City Of Council of the City elected to serve in the capacity of the Successor Agency;and 00 0 U) WHEREAS, consistent with the provisions of the HSC,the Mayor and City Council of the City of N San Bernardino previously elected to serve in the capacity of the Successor Housing Agency; and z W WHEREAS, the Oversight Board to the Successor Agency (the "Oversight Board") has been U established pursuant to HSC § 34179 to assist in the wind-down of the dissolved redevelopment agency, and a WHEREAS, the Successor Agency is the owner of that certain real property consisting of 10 individual residential zoned parcels (2.56 acres in total)as summarized in Exhibit "A" attached hereto(the "10 a Acquisition Parcels"); and WHEREAS, three(3)parcels of the 10 Acquisition Parcels are identified as Site Nos. 35,36, and 38 within the Successor Agency's California Department of Finance (the "DOF") approved Long-Range Property Management Plan(the"LRPMP")as vacant residential land to be sold; and WHEREAS, the remaining seven (7) parcels of the 10 Acquisition Parcels: i) were included within tR the Housing Asset Transfer form (the "HAT") that was submitted to DOF; ii) are a part of the "19'' and c Sunrise" Affordable Housing Target Neighborhood; iii) were acquired after the State's dissolution of redevelopment agencies:and iv)were ordered to be sold by DOF; and E a� a WHEREAS, consistent with the HSC, the Successor Agency's sale of the 10 Acquisition Parcels a will require the concurrence of the Oversight Board and DOF; and N WHEREAS, the Successor Housing Agency wishes to purchase and the Successor Agency wishes to sell the 10 Acquisition Parcels pursuant to the terms and conditions described herein;and WHEREAS, to establish a fair and reasonable price for the 10 Acquisition Parcels, the Successor Agency obtained a Broker's Opinion of Value (the "BOV") from Lee & Associates of Ontario, California a (the"Lea&Associates"); and d E coU a -1- Packet Pg. 1065 19.c WHEREAS, as more particularly described within the BBV, Lee & Associates has confirmed their opinion that the 10 Acquisition Parcels are collectively worth$307,099;and 0 WHEREAS, the effectiveness of this Agreement is subject to the approval of the sale of the 10 w Acquisition Parcels to the Successor Housing Agency consistent with the terms of the Agreement by the Oversight Board and DOF. E d a� L NOW, THEREFORE, in consideration of the mutual covenants and conditions set forth hereinafter, a the Parties agree as follows: 1. Incorporation of Recitals: The foregoing Recitals are true and correct and are a substantive part of this Agreement. N 2. Administration of Agreement: The transaction described herein shall be administered exclusively by 2 the Successor Agency and the Successor Housing Agency. n 00 3. Purchase Price: The purchase price for the 10 Acquisition Parcels shall be Three Hundred Seven Thousand Ninety-Nine Dollars ($307,099.00) (the "Purchase Price"), which shall be payable upon N recordation of a quitclaim deed,the form of which is attached hereto as Exhibit`B." z w 4. Condition of Property: Except as specifically described in this Agreement, Successor Agency hereby X sells the 10 Acquisition Parcels to the Successor Housing Agency, and the Successor Housing Agency a hereby purchases the 10 Acquisition Parcels from the Successor Agency, in an"AS IS" condition. a vi 5. Distribution of Proceeds. Pursuant to HSC § 34191.5 (B),the Successor Agency shall distribute the net proceeds from the Purchase Price to the San Bernardino County Auditor Controller (the "CAC") for CAC's subsequent distribution to the taxing entities, as defined in HSC § 34171 (k). Net proceeds a, shall mean the Purchase Price less any of the City's costs described in Section No. 6 of this Agreement, H if any,and any third party fees in connection with escrow and title matters. d 6. Commissions and Fees: The Parties have not engaged any real estate broker with respect to the transfer of the 10 Acquisition Parcels and consequently no real estate commissions or fees are o applicable. Q 0 7. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of California. E a� aD 8. Captions: The captions appearing in this Agreement are for convenience only, are not part of this a Agreement and shall not be considered in interpreting this Agreement. a� co 9. Amendments: This Agreement may not be altered, amended, or modified except by a writing executed by the Parties. 10. Effectiveness of this Agreement: The effectiveness of this Agreement is subject to the following L prerequisites: (i) the Parties have approved and have caused this Agreement to be executed by their a designated representatives; (ii)this Agreement has been approved by the Oversight Board; and (iii)the Oversight Board's resolution approving this Agreement has been approved by the DOF. E r -2- Packet Pg. 1066 19.c 11. Entire Agreement: This Agreement constitutes the entire agreement between the Parties with regard to the subject matter herein and supersedes all prior oral and written agreements and understandings ® between the Parties with respect to the purchase and sale of the 10 Acquisition Parcels. L 0 E _ IN WITNESS WHEREOF,the Parties have executed this Agreement,as of the date first hereinabove E a� written. L rn a CITY: �a V) _ By: Mark Scott,City Manager s U L a SUCCESSOR AGENCY: 00 0 LO N By: _ z Mark Scott,Executive Director UJ x U Approved as to Form: a Gary D. Sacnz, City Attorney ~ a By: 1° 0 _ .N 0 a� ca E L 0 W W a O r C E d L a _ Q� R V L a m E Q -3- Packet Pg. 1067 EXHIBIT"A" Description of the 10 Acquisition Parcels ° w E d Properties ' L APN AddressBOQ 1 0145-242-32 1238 N"D" St 0.18 RM 2nd $19,603 CO 2 0145-242-33 N"D"St 0.15 RM 2nd $16,335 3 0155-101-08 N Del Rosa Ave 0.92 RM 4th $100,188 Subtotal $136,126 Properties From the HAT ' � � a 4 1191-051-55 2105 Sunrise Ln 0.22 RMH 7th $23,958 CO 5 1191-031-23 2095E 19th St 0.23RMH 7th $25,048 0 6 1191-051-45 2116 Sunrise Ln 0.22 RMH 7th $23,958 7 1191-051-53 2131 Sunrise Ln 0.22 I RMH 7th $23,958 8 1 1191-051-60 2055 E Sunrise Ln 0.22 RMH 7th $23,958 w 9 1191-051-61 2045 E Sunrise Ln 0.22 RMH 7th $23,958 x 10 1191-051-66 2182 Sunrise Ln 0.24 RMH 7th $26,135 a Subtotal $170,973 Total 1 '9 Q M Notes: 1. Site Nos. 1,2 and 3 above correspond to LRPMP Site Nos. 35,36 and 3810 2. Site Nos. 4 through 10 above are a part of the"191h and Sunrise" Affordable Housing =, Target Neighborhood N 0 x a a E 0 Q 0 m E m a Q m �a N _ M m N t6 L V 3 a c m E s -4- Packet Pg. 1068 19.c EXHIBIT "B" (NOT FOR SIGNATURE) 0 L 0 w .r RECORDING REQUESTED BY: Successor Agency to the Redevelopment Agency of the City of San Bernardino a 2 WHEN RECORDED MAIL TO: in City of San Bernardino 300 N. "D"Street, 6th Floor f° San Bernardino, CA 92418 t Attn: Mark Scott, City Manager APN: 0136-111-23 0- (Space Above Line For Use By Recorder) 00 0 This document is exempt from the payment of a recording fee pursuant to Government Code Section 27383 w 2 DOCUMENTARY TRANSFER TAX$ NONE _ U Q H QUITCLAIM DEED a (Form Only— Not for Signature) U FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, the Successor Agency to a the Redevelopment Agency of the City of San Bernardino,a public body,corporate and politic(the"Grantor') does hereby remise, release and quitclaim to the City of San Bernardino, a public body, corporate and N politic (the "Grantee"), any interest that Grantor may have in the real property in the City of San Bernardino, o County of San Bernardino, State of California, described in Attachment"A"attached hereto and incorporated = herein by this reference. SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO, a public a body, corporate and politic a� Dated _ _ By: NOT FOR SIGNATURE Mark Scott Executive Director a Successor Agency to the Redevelopment Agency of the City of San Bernardino `n U 7 a a� E -5- Q Packet Pg. 1069 A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate L is attached, and not the truthfulness, accuracy, or validity of that document. E a) d L rn a State of California }ss County of San Bernardino } co �a On before me, Notary y Public, personally appeared who proved to me on the basis = of satisfactory evidence to be the person whose name is subscribed to the within instrument and who acknowledged to me that he/she executed the same in his/her authorized capacity, and by his/her signature a on the instrument the person, or entity upon behalf of which the person acted, executed the instrument. 00 0 1 certify under PENALTY of PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. N Z WITNESS my hand and official seal. x U Q F- _ H (Signature of Notary) (This area for official notarial seal) a v� 3 O N R E L O a r _ 4) E L Q co M _ R f/1 R t V L a _ d E r -6- Packet Pg. 1070 19.c Attachment"A" C L 0 LEGAL DESCRIPTION E (Insert Here) L a N f6 L U L I.L Co r O N H Z W 2 U Q H H a U a a� _ .N 0 a� ca L 0 a 0 _ a� E a) W L a� a a� m W M t U L 7 D_ C E ® U r Q �7- Packet Pg. 1071 CERTIFICATE OF ACCEPTANCE This is to certify that the interest in real property conveyed by written deed or grant dated `o 2016 from the SuccessoAgency to the Redevelopment Agency of the City of San Bernardino,is hereby accepted r r by the undersigned officer or agent on behalf of the City of San Bernardino, pursuant to authority conferred by the City of San Bernardino on March 20,2017, pursuant to Resolution No.2017- and the E City of San Bernardino consents to recordation thereof by its duly authorized officer. rn a Dated this day of , 2017 m �a co c �a By: NOT FOR SIGNATURE N Mark Scott t City Manager City of San Bernardino a Provides for: °�-° 0 280 South"E"Street,San Bernardino,California(APN: 0136-111-23) N H z A notary public or other officer completing this w certificate verifies only the identity of the individual v who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. a v, State of California )SS c County of San Bernardino } 0 On before me, Notary Public, personally appeared who proved to me on the basis of satisfactory evidence .0 to be the person whose name is subscribed to the within instrument and who acknowledged to me that he/she executed -o the same in his/her authorized capacity, and by his/her signature on the instrument the person, or entity upon behalf ,o of which the person acted, executed the instrument. Q 0 I certify under PENALTY of PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. m E m WITNESS my hand and official seal. Q m (Signature of Notary) (This area for official notarial seal) ca m w ca z a c m E -8- Packet Pg. 1072