HomeMy WebLinkAboutR07-Redevelopment Agency
: ~VEI.OPMDT AGDCY.~ST FOR ~ISSION/COUNCIL A~ION
,.u.om: Glenda Saul, Executive Director
\,.pt: Redevelopment Agency
Date: December 10, 1985
Subject: INDUCEMENT RESOLUTION - CENTRAL CITY
BUSINESS PARK PROJECT - CCS
Synopsis of Previous Commission/Council action:
Ordinance 3815 provides for issuance of Industrial Development Bonds.
Recommended motion:
(MAYOR AND COMMON COUNCIL)
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RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA,
DECLARING ITS INTENTION TO ISSUE ITS INDUSTRIAL DEVELOPMENT REVENUE BONDS; DIRECTING
THE PREPARATION OF CERTAIN DOCUMENTS AND MAKING CERTAIN OTIlER FINDINGS AND
DETERMINATIONS IN CONNECTION THEREWITH (CENTRAL CITY BUSINESS PARK PROJECT)
/64/~~~/~
Signature
Glenda Saul
Contact person:
FUNDING REQUIREMENTS:
N/A
Phone: 383-5081
1
Ward:
CCS
Project:
December 10, 1985
Date:
YES
Supporting data attached:
Amount: $
No edverse Impact on City:
C'Cil Notes:
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CIC OF SAN BERNARDO - REQUOT FOR COUNCIL AcQON
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75-0264
STAFF REPORT
Ordinance 3815 provides for the issuance of Industrial Development Bonds. The
City has received an application from Central City Development Company. A recap
of the application follows:
Principals:
Central City Development Company, a
California General Partnership.
Amount of Financing:
$10,000,000.
Project:
Construction of a 129,000 square foot
business park.
Location:
South Side of Rialto Avenue, East of "F"
Street.
Target date of Financing:
2nd quarter, 1986.
Construction Schedule:
Phase I -- Start 6/86
Complete 2/87
Phase II - Start 2/87
Complete 10/87
All dates estimated.
Increase in Jobs:
Estimated 250+
Reserve & Development Fee:
1% x $10,000,000 - $100,000.
Project is located in Central City South Project Area.
Projected tax increment - $86,350/year.
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12-16-85
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SBE003-87/1,020/1295S/bt
12/1/85
APPLICATION OF CENTRAL CITY DEVELOPMENT COMPANY
FOR INDUSTRIAL DEVELOPMENT REVENUE BOND FINANCING
CITY OF SAN BERNARDINO, CALIFORNIA
PART I
GENERAL AND BUSINESS INFORMATIOK
1.1
The legal name of the Applicant is Central City Development
Company, a California general partnership in the process of
formation.
1.2
The Applicant is a California general partnership and shall be
engaged in the development, leasing and ownership of a business
park located on an approximately nine and five-tenths (9.5) acre
site on the souths ide of Rialto Avenue between "E" Street and
"G" Street in the City of San Bernardino, California (the
"Project"). The real property necessary for the "Project (the
Property") is not owned by the Applicant. A portion of the
Property is currently owned by the Redevelopment Agency of the
City of San Bernardino (the "Agency") and a portion of the
Property is owned by other persons. The Applicant is currently
negotiating to acquire Property with the Agency and the other
owners for the purpose of and developing this Property and
constructing the Project thereon. It is anticipated that the
Applicant shall enter into an appropriate disposition and
development agreement with the Agency for the acquisition of the
Property and the development of the Project.
1. 3 The mailing address and the address of the Applicant is as
follows:
Central City Development Company
295 Central City Mall
San Bernardino, California 92401
1.4 Employer Tax Identification Number: Applied for
1.5 Mr. Roy F. Kroll is the principal contact for the Applicant.
1.6 Telephone number for Mr. Kroll - (714) 625-5888.
1.7 The Applicant is a California general partnership in the process
of formation.
1. 7.1
The Applicant shall own property and conduct business
in the City of San Bernardino, State of California.
1. 7.2
'"The Applicant began doing business on August 19, 1985.
1. 7.3
The Applicant is not related to any other legal entity.
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1.8
The, partners of the Applicant are Mr. Robert D. Curci, Mr.
Salvatore Catalano and Mr. Roy F. Kroll, each owning a
thirty-three and one-third percent (33 1/31) interest therein.
1.9
Mr. Salvatore Catalano shall be the individual who will
primary responsibility for conducting the business of
Applicant with respect to the Project.
have
the
1.10
The partners of the
development of other
California.
currently engaged in the
industrial property in
Applicant are
cODDllercial and
1.11 Employees
1.11.1
The Applicant currently has no employees. Although
the principal objective of the Project is to provide
an approximately 129,000 square foot business park
within the City, the construction and operation of the
Project will create certain employment opportunities
within the City. The business park will create
approximately 258 full-time and 24 part-time
employment opportunities.
1.11.2
The Applicant has offices at the above listed address.
1.12 Professional services will be provided by the following:
1.12.1
The accountant for the Applicant shall be selected.
1.12.2
The attorney for the Applicant shall be selected.
1.12.3
The law offices of Sabo " Gondek, a Professional
Corporation, shall serve as Bond Counsel to the City
with regard to the tax-exempt financing for the
Project.
1.12.4
Principal Architect - Roy F. Kroll & Associates, Inc.,
238 West 7th Street, Claremont, California 91711.
'1.12.5
Principal Civil Engineer - to be selected.
1.13 The principal banking accounts of the Applicant shall be 'held by
First Interstate Bank, San Bernardino Main Office No. 208, City
Ball Plaza, San Bernardino, California 92402, and the officer at
said bank responsible for such account is Maggi Luttring,
Operating Manager.
1.14
The source of
derived from
placemetlt'of a
to be obtained
funding for the Project is anticipated to be
a variety of sources including the private
tax-exempt bond or other obligation with a lender
hereafter or a letter of credit backed financing.
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PART II BOND ISSUE
2.1 The estimated total amount of the financing package and the
proposed use of bond proceeds is as follows:
2.1.1
Project cost - $6,170,100
2.1.2
Legal, printing and related fees - $65,000
2.1.3
Financing costs and fees - $121,000
2.1.4
Capitalized interest - $253,000
2.1.5
Other miscellaneous costs - $95,000
Total:
16.704.100
2.2 The estimated target date for the financing is presently
anticipated in the second quarter of 1986, with construction to
commence as soon as possible after the financing package is
completed and the Project shall be completed in two (2)
cons truc tion phases which shall each take between six (6) and
eight (8) months to complete.
2.3
It is proposed that the financing be in the form of a
construction loan during the construction period which would
have the traditional construction loan provisions in that
drawdowns would be permitted as construction proceeds upon
submission of requisition vouchers. Upon the completion of
construction of the Project and the certification that all
improvements have been completed, the lender will then permit an
interest rate adjustment and a principal amount increase, as
warranted, and convert the construction loan to a permanent
financing.
2.4 The present proposal for the financing of the Project
anticipates that the tax-exempt bonds or other obligations will
be sold to a commercial bank or other such lender through a
private placement or that there be a public offering of such
'securities.
PART In FINANCIAL INFORMATION
3.1 The financial statements of the Applicant are included as
Exhibit "A" attached hereto.
3.2
The Applicant shall be doing business as a general partnership
pursuant to the laws of the State of California and the
Applicant would be considered a small business with regard to
its relative size in comparison with other such businesses
undertaking projects of this type. No federal small business
loan guarantees a~e proposed in connection with the proposed
financing as contemplated by this Application.
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PART IV PRO~ECT INFORMATIOK
4.1
The Project as proposed by the Applicant shall include the
construction of an approximately 129,000 square foot business
park on a portion of a nine and five-tenths (9.5) acre site
located on the south side of Rialto Avenue in the City and shall
include such onsite parking as required by the City and
appurtenant landscaping and other improvements. The Project
shall be located on land more particularly described and
included as Exhibit "B" hereto.
4.1.1
The business facilities shall be leased at a proposed
gross rental rate of $0.52 - $0.62 ($0.58 average) per
square foot.
4.2 The components and the estimated total cost of the functional
parts of the Project are as follows:
4.2.1
Building construction - $2,854,300
4.2.2
On Site Preparation - $1,121,000
4.2.3
Off Site Improvements - $799,800
4.3.4
Engineering and Technical Services - $283,000
Subtotal:
$5.058.100
4.2.5
Miscellaneous items -
a. Construction contingency - $758,000
b. Interest during construction - $253,000
c. Real estate brokerage commission - $147,000
d. Taxes, insurance - $107,000
e. Other miscellaneous costs - $100,000
Total: '6.423.100
4.3 The estimated construction period for the Project is as follows:
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4.3.1
Construction of the Project would commence as soon as
possible after issuance of the tax-exempt obligations.
4.3.2
The planned construction shall occur in two (2)
and be completed within six (6) to eight (8)
from the date of commencement. Phase II
commence upon the substantial lease-up of Phase
phases
months
is to
I.
4.4 The supervising architect responsible for the design of the
Project;on behalf of the Applicant shall be Roy F. Kroll &
Associates, Inc.
4.5
The Project shall be known as the "Central City Business Park".
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The business park is the development of the Project is a new use
of the Property and is not an expansion or an alteration of an
existing facility. The necessary infrastructure items and other
public improvements must be installed on the Project site and
the Applicant desires to obtain a below market rate tax-exempt
construction and permanent financing of the improvements to be
placed thereon from a combination of sources.
4.7 The Property on which the Project is proposed to be located is
currently not owned by the Applicant. The Applicant anticipates
entering into a disposition and development agreement with the
Agency for the acquisition of the Property necessary for the
development of the Project.
4.8 The Project will provide approximately 129,000 square feet of
gross leaseable business park space within the City to be leased
to the public.
4.9
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4.10
4.11
4.12
4.13
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4.8.1
Attached as Exhibit "B" is an 8-1/2 x II inch map
showing the site location of the proposed Project.
4.8.2
A description of the plant process - not applicable.
The City Staff shall prepare an Initial Study pursuant to the
provisions of the California Environmental Quality Act of 1970,
as amended, to determine the level of environmental review which
shall be necessary in connection with the Project. Bowever, the
Project shall comply with all applicable provisions of said
Act. The City of San Bernardino will be the lead agency and
will determine the need for environmental information on the
General Plan Amendment, zone change and the Development Plan.
There are no permits, water quality enforcement orders, air
pollution permits or variances or other evidence of actions
necessary in connection with this Project. A sewer permit for
the construction of the Project shall be obtained.
There are no local. state or federal pollution control agencies
which impose regulations, standards or requirements with regard
'to the operations of the proposed Project to be undertaken by
the Applicant.
The proposed Project shall comply with all applicable City,
County of San Bernardino, and other regional, county or basin
plans to which this Project shall conform and the appropriate
waste water and air quality requirements which shall be in
conformity with all of the above jurisdictions.
It is presently anticipated that the business park will not
produce' >any by-products or residues which would involve the
ultimate disposal or the need for a plan to accomplish same.
Recycling or salvage will not be a function of the business park
nor will there be any market opportunities generated with regard
to same.
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PART V PU~LIC BENEFITS
5.1 The City will receive significant benefits by the initiation of
this Project as proposed by the Applicant and particularly
through the utilization of the financing method as is available
under Ordinance No. 3815, as amended, of the City. Due to the
fact that conventional interest rates for construction and
permanent financing for the business park facilities as
contemplated by the Applicant are at significantly higher levels
on conventionally borrowed funds than for tax-exempt financed
projects, neither the Applicant nor any other persons or legal
entities are able to provide the type of complex that is needed
within the City. The City likewise would benefit by obtaining
quality structures which will, when placed into use, provide
full time employment and part-time employment opportunities.
Other businesses will be encouraged to locate or relocate within
the City and thus create an upward spiraling effect on the
economy of the City as a result of the Project.
The business park project will be located on a site that has
subsurface loose fill and trash debris. The result of this is
that the site has only limited alternate use potential as a
parking lot without removal of the subsurface trash debris with
import fill and ninety-five percent (95%) compaction.
The business park will be constructed from split-face block or
tilt-up concrete with attractive curb landscaping surrounding
the site. The Project will help upgrade the area and the
buildings will bring in greater tax revenues than would a
parking lot. The business park will meet the needs of
surrounding residents and local businesses for new and growing
business opportunities. The business park project will offer
employment for 258 full-time workers and 24 part-time workers.
5.1.1
The Project will provide long term employment
opportunities for the inhabitants of the City of San
Bernardino. . When fully leased and operational the
Project will provide employment opportunities for a
substantial number of persons. The category of jobs
to be provided in the Project after its construction
include managerial, skilled. semi-skilled and
unskilled. The wages to be paid in the various job
categories meet local and regional standards and will
sustain a satisfactory level of financial stability.
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5.1.2 Construction of the Project is anticipated to add
approximately $5.500,000 to $6,000,000 of assessed
valuation to the tax rolls of the City. In addition.
it is anticipated that the Project will generate
.... 'additional sales tax and business license revenues for
the City.
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5.2
PART VI
6.1
6.2
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5.L3
The useful method of financing provided for in
Ordinance No. 3815 of the City vis-a-vis the use of
the conventional method will permit the Applicant to
complete the financing and construction of the Project
within an accelerated time frame. The method of
financing provided in Ordinance No. 3815 will provide
new sources of financing to the Applicant and such
financing will be made available at lower tax-exempt
interest rates.
The City will benefit, as can be demonstrated pursuant to
Section 1 of Ordinance No. 3815, as amended, of the City, in
that needed business park space will be generated by the
proposed Project and the clearance of an underutilized, and
blighted area will be implemented. The Applicant is not
attempting to construct said proposed Project merely for the
financial inducement that is offered pursuant to the Ordinance.
but rather due to the long-term business reasons that are
significant due to the location of the proposed Project and the
real economic benefits available to the community.
There are no detriments that can be incurred by the City with
regard to this type of financing for this Project, and the City
will receive substantial benefits through increases in assessed
valuation of property, plus the increased long-term employment
opportunities that will be available to local residents of the
City.
COMMITMENTS
The Applicant by the submission of this Application agrees to
comply andlor to assist the City in complying with all state and
federal laws in the issuance of the bonds or other such
tax-exempt obligations to finance the Project, including,
without limitation, making of any required application to a
governmental department, for authorization, qualification or
registration of the offer, issuance or sale of the bonds or
other tax-exempt obligations, and any amendments thereto, and
any permit or other authorization of such governmental
'liepartment, prior to the delivery by the City of such bonds or
other tax-exempt obligations.
The Applicant further commits to cause and lor to assist the City
in causing to be printed any prospectus or other written or
printed communication proposed to be published in connection
with the issuance, offer or sale of bonds or other tax-exempt
obligations, prior to the delivery by the City of such bonds or
other tax-exempt obligations, and. to the extent deemed
necessary by the City, following delivery of such bonds or other
tax-exempt obligations.
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6.3
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6.4
6.5
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The' Applicant also conuni ts to pay all expenses in connection
with the issuance, offer or sale of the bonds or other
tax-exempt obligations, whether or not such bonds or other
tax-exempt obligations are finally issued, and to hold the City
harmless from any and all expenses related thereto, to pay items
on an ongoing basis so that neither the City, nor its advisors,
attorneys, employees and the like will accumulate any claims
against the City.
supply any additional information, agreements
as the City may require as a result of
negotiations and copies of such additional
be forwarded to the City by the Applicant and
to be supplements or amendments to this
The Applicant will
and undertakings
conferences and
information shall
shall be deemed
Application.
The Applicant acknowledges and recognizes that acceptance of
this application shall not be construed as approval of the plans
or concept of the proposed development, nor as an indication
that the Mayor and Common Council of the City of San Bernardino,
California (the "Mayor and Common CouncU"), will hereafter take
any particular action toward granting any planning, zoning, or
other approval relating to a plan of development. The Applicant
acknowledges and recognizes that the Mayor and Common Council
reserve their right to evaluate any future administrative
procedures and appeals based solely on the information available
at the time of consideration, including any actions or
recommendations by or appeals from the Development Review
Committee and the Planning Commission. The Applicant
acknowledges and recognizes that nothing herein shall be
construed as advance commitment or approval as to any such
matter, and the Applicant hereby acknowledges and recognizes
that normal planning processing shall be required, in accordance
with the standard procedures of the City and that Applicant will
be required to comply with all applicable laws and ordinances of
the City, State and federal government.
PART VII FEE SCBEDULE
7.1
7.2
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The Applicant acknowledges that the City requires a
non-refundable application fee of $50 for each Project to be
considered for eligibility, to be paid when the basic documents
are requested. With the submittal of this Application, $500 is
payable to the City. If this Application is accepted, an
additional fee of $10,000 is payable for administrative costs.
The Applicant acknowledges that the commitments in Part VI above
are in addition to these fixed amounts. Thus, in the event that
no closing occurs, the City shall be reimbursed for its
processing costs.
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All fees of the City may be capitalized and included in the bond
-issue as acceptable to the bond purchaser.
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7.3
The Applicant acknowledges that the City derives its entire
support from the fees for its services. The total function of
the City is conducted on a self-supporting basis, and involves
no state general revenues or expenditures from taxes from the
state or any of its political subdivisions. No indebtedness or
taxing power of the City is involved. Project revenues are the
sole security for bonds of the City.
7.4 Pursuant to Resolution No. 81-108 of the City, as amended by
Resolution No. 81-410 of the City, one percent Ot) of the
principal amount of the bond issue shall be deposited in the
City Treasury in the Industrial Revenue Bond Reserve and
Development Fund, which shall be used in such manner as the
Mayor and Common Council may direct from time to time.
,
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PART VIII ~IGNATURE
The undersigned, as the authorized principal of the Applicant as
noted below, holds the prime responsibility for the financing to
be taken for the proposed Project, and certifies that the
undersigned has the authority to bind the Applicant to contract
terms; that this Application to the best knowledge or belief of
the undersigned, contains no false or incorrect information or
data, and this Application, including exhibits and attachments
hereto, is truly descriptive of the proposed Project. The
undersigned also represents by the execution of this Application
familiarity with Ordinance No. 3815, as amended, of the City.
"APPLICANT"
CENTRAL CITY DEVELOPMENT COMPANY
By:
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12/06/85
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RESOLUTION NO.
RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE
CITY OF SAN BERNARDINO. CALIFORNIA. DECLARING ITS
INTENTION TO ISSUE ITS INDUSTRIAL DEVELOPMENT
REVENUE BONDS; DIRECTING THE PREPARATION OF
CERTAIN DOCUMENTS AND MAKING CERTAIN OTHER
FINDINGS AND DETERMINATIONS IN CONNECTION
THEREWITH (CENTRAL CITY BUSINESS PARK PROJECT)
WHEREAS. the City of San Bernardino. California ("the
City"). is a "home rule city" duly organized and existing under and
pursuant to a Charter adopted under the provisions of the
Constitution of the State of California; and
WHEREAS. pursuant to its home rule powers. the City duly
and regularly enacted Ordinance No.
3815.
as amended
(the
C "Ordinance"). to finance various types of projects. as defined in
the Ordinance. and to issue its special revenue bonds for the
purpose of enabling various developers to finance the cost of such
projects. and has amended the same from time to time; and
WHEREAS.
the Ordinance
is
intended
to finance the
development of industry and commerce and to thereby broaden the
employment opportunities and to increase the availability of office
facilities for residents of the City and to broaden the tax and
revenue base of the City without any liability to the City
whatsoever; and
C
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WHEREAS, there has been presented to the Mayor and Common
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Council of the City of San Bernardino, California (the "Mayor and
Common council"), an Application, attached hereto as Exhibit "A" and
incorporated herein by reference, by Central City Development
Company, as a California general partnership, or its successors or
assigns (the "Applicant"), requesting the issuance of industrial
development revenue bonds in the principal amount not to exceed
$10,000,000 for the purpose of financing, on behalf of the
Applicant. a certain Project, to wit:
the acquisition of an
. approximately nine and five-tenths (9.5) acre parcel of land located
on the souths ide of Rialto Avenue between "E" Street and "G" Street
in the City and the construction and operation thereon of a 129,000
square foot business park (the "Project") within the City: and
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WHEREAS. it is appropriate for the City to take certain
action at this time regarding the requests of the Applicant.
NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE CITY OF
SAN BERNARDINO, CALIFORNIA, DO HEREBY FIND, RESOLVE, DETERMINE AND
ORDER AS FOLLOWS:
Section 1.
That the recitals set forth hereinabove are
true and correct in all respects.
Section 2.
The City is a municipal corporation duly
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created, established and authorized to transact business and
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exercise its powers, all under and pursuant to the Constitution and
laws of the State of California, and the City Charter of the City,
and the powers of the City include the power to issue bonds for any
of its corporate purposes.
Section 3. Pursuant to the Charter of the City and the
Ordinance of the City, the City is legally authorized to issue
special revenue bonds for the construction and permanent financing
of the Project as more fully described in the recitals hereof and in
the Application.
Section 4. This body constitutes the governing body of
the City and is legally authorized to provide for the issuance of
such special revenue bonds by the City.
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Section 5. The Project referred to in the recitals
hereof constitutes a project for which the City may provide
tax-exempt financing through the issuance of such special revenue
bonds by the City and the Project is located within the jurisdiction
of the City.
Section 6. The Mayor and Common Council hereby declare
their intention to issue industrial development revenue bonds of the
City to provide tax-exempt financing to the Applicant for the
acquisition of land and the construction, equipping and permanent
financing thereon of the Project under and in accordance with the
Ordinance. in amounts sufficient to pay the costs of financing the
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Project and of paying the costs of issuance for the industrial
development revenue bonds and for the establishment of the necessary
reserve funds to provide for the financing of said Project. Said
Project is presently identified as the "Central City Business Park
Project". Any agreement for such financing shall specify that the
industrial development revenue bonds which may hereafter be issued
in connection with the Project are a special obligation of the City.
such bonds shall not constitute a debt of the City and that the
general funds of the City shall not be liable for repayment of such
industrial development revenue bonds.
Section 7.
The City hereby declares its intention to
exercise the authority referred to in Section 3 hereof by issuing
industrial development revenue bonds of the City in such amounts as
C will be adequate to implement the City financing of the Project.
Section 8.
The bonds shall be payable from the revenues
described in the Ordinance.
Section 9.
The
bonds
shall
be
and
are
special
obligations of the City. and. subject to the right of the City to
apply moneys as provided in the applicable laws. are secured by such
revenues as are specified in the proceedings for the issuance of
such bonds and funds and accounts to be held by the trustee or
fiscal agent. and are payable as to principal. redemption price. if
any. and interest from the revenues of the City as therein
described.
The bonds are not a debt of the City. the State of
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California or any of its political sUbdivisions, and neither the
C City, the State, nor any of its political sUbdivisions is liable
thereon, nor in any event shall the bonds be payable out of the
funds or properties other than all or any part of the revenues.
mortgage loans, and funds and accounts as set forth in this
Resolution. The bonds do not constitute an indebtedness within the
meaning of any constitutional or statutory debt limitation or
restriction. Neither the persons serving as the Mayor and Common
Council nor any persons executing the bonds shall be liable
personally on the bonds or subject to any personal liability or
accountability by reason of the issuance thereof.
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Section 10. The details of such bonds, including the
establishing of the aggregate face amount of such obligations, shall
be authorized by indenture, resolution or resolutions of the City at
a ~eeting or meetings to be held for such purpose. The City Staff,
Sabo & Gondek, a Professional Corporation, as Bond Counsel to the
City, the Underwriters. the Applicant and the agents and
representatives of same are hereby authorized and directed to
prepare or cause to be prepared the necessary legal documents,
including the Project Agreement, Resolution of Issuance, and such
other documents as may be necessary to effect said Project and the
issuance of industrial development revenue bonds therefor and to
present same to said Mayor and Common Council. The Mayor of the
City is hereby authorized and directed to coordinate the efforts of
all concerned relating to the issuance and sale of the bonds. and
the City Staff. consultants, legal counsel to the City and Bond
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Counsel as referenced above are hereby directed to take such steps
C as shall be appropriate to implement such sale and delivery of the
bonds including working with persons who may acquire vested rights
as the result of such actions.
Section 11.
The
issuance
of
industrial
development
revenue bonds may be authorized by appropriate resolution or
resolutions of the City at a meeting or meetings to be held for such
purpose, subject to the execution of appropriate agreements by the
Applicant and the City as required by the Ordinance and the
industrial development bond financing program of the City.
Section 12.
It is intended that this Resolution shall
constitute such "official action" toward the issuance of the bonds
C within the meaning of the United States Treasury Regulations. the
United States Tax Laws. and any legislation now or hereafter pending
in the Congress of the United States which may require official
action in order for the bonds to be exempt from Federal income
taxation.
Section 13.
At the closing of the financing there shall
be paid to the City the fee set forth in Resolution No. 81-108 of
the Mayor and Common Council, adopted March 13, 1981, as amended by
Resolution No. 81-410. of the Mayor and Common Council. adopted
September 24, 1981.
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Section 14.
The approval as herein granted and the final
C approval of the Project and the financing thereof are specifically
conditioned upon the Mayor and Common Council approving the final
environmental assessments and other environmental documents prepared
or to be prepared pursuant to the provisions of the California
Environmental Quality Act of 1970, as amended, with respect to any
and all environmental conditions with regard to the operations of
the Project as proposed by the Applicant in the Application.
Adoption of this Resolution shall not be construed as approval of
the plans or concept of the proposed development, including without
limitation the approval of any agreement by and between the
Applicant and the Redevelopment Agency of the City of San Bernardino
with respect to the Project, nor as an indication that the neither
Mayor and Common Council nor the Community Development Commission of
C the City of San Bernardino. as applicable. will hereafter take any
particular action toward granting any planning, zoning, or other
approval relating to a plan of development. The Mayor and Common
Council reserves its right to evaluate any future administrative
procedures and appeals based solely on the information available at
the time of consideration, including any actions or recommendations
by or appeals from the Development Review Committee and the Planning
Commission. Nothing herein shall be construed as advance commitment
or approval as to any such matter, and the Applicant is hereby
notified that normal planning processing shall be required. in
accordance with the standard procedures of the City and that the
Applicant will be required to comply with all applicable laws and
ordinances of the City, State and federal government.
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Section 15.
This Resolution shall take effect upon
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adoption.
I HEREBY
adopted by the
San Bernardino at
the day of
wit:
CERTIFY that the foregoing resolution was duly
Mayor and Common Council of the City of
a meeting thereof, held on
, 1985, by the following vote, to
AYES:
Council Members
NAYS:
ABSENT:
City Clerk
of
The foregoing resolution is hereby approved this
, 1985.
day
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Mayor of the City of
San Bernardino
Approved as to form:
~{
)/1dJ. City Attorney
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STATE OF CALIFORNIA )
COUNTY OF SAN. BERNARDINO )
CITY OF SAN BERNARDINO )
ss.
I, SHAUNA CLARK. City Clerk in and for the City of San
Bernardino, DO HEREBY CERTIFY that the foregoing and attached copy
of San Bernardino City Resolution No. is a full, true and
correct copy of that now on file in this office.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed
the official seal of the City of San Bernardino this day of
, 1985.
City Clerk
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