HomeMy WebLinkAboutRS02-Redevelopment Agency
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RJDBVI!I..OPMBNT AGBNCY-RI!QU8ST FOR ~/COUNCIL ACTION
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GLENDA SAUL
Subject: PUBLIC HEARING -- A.B. 265
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Dept:
Redevelopment Agency
thrte: August 14, 1986
Synopsis of Previous Commi.ion/CouncillCtion:
On December 23, 1985, the Community Development Commission adopted Resolution #4830
approving statement of programs, projects and activities and existing obligations for
19B5.
On June 2, 1986, the Community Development Commission continued the Public Hearing to
June 16, 1986.
On June 16, 1986, the Community Development Commission continued the Public Hearing to
July 21, 1986.
On July 21, 1986, the Community Development Commission continued the Public Hearing to
August 18, 1986.
Recommended motion:
(COMMUNITY DEVELOPMENT COMMISSION)
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RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO
ADOPTING A STATEMENT OF PROJECTS, PROGRAMS AND ACTIVITIES AND A STATEMENT OF
OBLIGATIONS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33334.6.
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Signature
Contact penon: GLENDA SAUL/KEN HENDERSON
Supporting data atUChed: YES
Phone: 383-5081
Ward: N/A
FUNDING REQUIREMENTS:
Amount: $ N/A
Project: CCN, CCW, NW, TC, UT, SV
No adverse Impact on City:
Cil Notes:
thrte:
AU2ust 18. 1986
RC;- '1
Agenda Item No. _~ pC..
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CiTAF SAN BERNARDlrR - REQUEQ FOR COUNCIL ACT~
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STAFF REPORT
Under the provisions of Assembly Bill 265 adopted September 1985, the Aaency
is required to set aaide twenty percent (20%) of the taz increment received
from project areaa adopted prior to 1977 for use in increasiDg and iaproving
the City's supply of low and moderate income housing. These project areas
include "Central City North", "Central City West", "State College", aud "South
East Industrial Park". However, the . Aaency may reduce the amount set aside
from these pre-1977 project areaa if it finds that the tax increment is needed
to fund exiatiD& proarllllls, projects and activities and ex1atiDg obligations
which were in place on or before December 31, 1985.
On December 23. 1985, the C~ity Development Commiasion adopted Resolution
4830 eatablish1Dg which progrllllla, projecta, activities and obligations were or
would be in place on or before December 31, 1985. Assembly Bill 265 further
requirea a Public HeariDg be conducted prior to September 30, 1986, in
establiahiDg these ex1atiDg programs, projecta, activitiea and obligations.
On December 23. 1985, the Community Development Commission directed staff to
conduct the Public HeariD& in June aa part of the budgetiD& proceas. On June
16, 1986, the Community Development Commission took action to continue the
Public HeariDg to June 16, 1986.
On July 21, 1986, the Community Development Collllllission took action to continue
the Public Hear1n& to August 18, 1986.
to
Attached and labeled aa Exhibit "A" is the Statement of ExiatiD& Projects,
Programs and Activities. Alao attached and labeled Exhibit "B" is the
Statement of Existing Obligations.
Due to the lIIIIOUllt of debt incurred before January 1977, in the previously
mentioned four (4) project areas, there is no IIOney to aet aside.
Listed below is staff's assessment of the amount of the twenty-percent (20%)
set aaide to date for each project area affected under the provisi01l8 of
Assembly Bill 265:
Northwest
Tri City
South Valley
$132,021
$ 32,033
$ 19,050
$183,104
Staff recOlllllll1lds that the Community Development Colllllliasion open and close the
public hearing and adopt the resolution of exiat1n& projects, programs and
activitiea and statement of ex1stiDg obligations, pursuant to Health and
Safety Code Section 33334.6.
Based upon concerns expreaaed by Aaency COU1l8el, a revised resolution will be
presented to the Commisaion the day of the Commission aeet1n& that will be in
full conformance with Section 33334.6.
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STATEMENT OF PROJECTS, PROGRAMS & ACTIVITIES
PREVIOUSLY APPROVED
DECEMBER 23, 1985
RESOLUTION #4830
CENTRAL CITY PROJECTS
1. American Cities Plan, Including public
Improvements for downtown area and the Court
Street corridor from "E" Street to Arrowhead
and then north approximately to Fifth Street.
3/19/84 City/Agency approved agreement
with American Cities Corporation.
2/4/85 City Council received & filed
American CIties Corp. Development
, PrOQram and Strateqv for Downtown.
Study recommends:
a) StreetscaDe ImDrovements
Phase I
Fourth from "E" Street to Arrowhead
Court from "E" Street to Arrowhead
Third from "0" Street to Arrowhead
"E" Street from Fourth to Second
"0" Street from Fourth to Third
Arrowhead from Fourth to Third
Phase II
Second from "E" Street to Arrowhead
"0" Street from Second to Third
Arrowhead from Second to Third
b) Retail Investment BulldlnQ/
RenovatIon Criteria
Purchase of major portion of the block
between Court Street and Fourth Street
between "E" Street and "0" Street -
For Sale to retaIl establIshments.
Renovation (revItalization) of
existing structures with desIgn
criteria.
3 blocks Second Street to Sixth Street
_ proposed and discussed at staff
level.
EXHIBIT "A"
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$ 1,100,000
750,000
3,000,000
400.000
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c) Court and "E" Street Site
Study concludes that the Agency should give
firm assurance that they Intend to be a
willing partner In financing and marketing
the site
1,700,000
5/83 Agreement with Vanlr executed for
development of Court and "E."
Agreement has since been terminated.
Staff Is preparing marketing plan
for development
2. Improvement project for parking structure at
Second and "E" Streets, Including restrlplng,
restructuring, resigning and construction of
access.
711/85
Council directed City
Administrator to prepare Request
for Proposal for engineer to
address needs of restrlplng,
slgnage and circulation.
Recommended proposal submitted.
Tabled until Hotel operator
designated.
Estimates for engineer & work
associated therewith
60,000
9/26/85
3. "J" Building Lease, Including option to
purchase.
Community Development Commission
approved parking license &
easement agreement with option to
purchase (option to purchase)
4. Orange Show Extension Project Including
street Improvements, possible land
acquisition, relocation and other obligations
In accordance with Orange Show Master Plan.
4/21/83
135,000
11/83
National Orange Show Master Plan
presented.
Street Construction - Sierra Hay,
from Mill to Orange Show Road.
Land assembly estimate.
750,000
2,000,000
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5.
Redevelopment and public Improvement
obligations for redevelopment of Rlalto.
Mill, "E" Street and "H" Street site.
Including public Improvements, streets. soil
Improvements, utility undergroundlng and
other matters.
12/16/85 Community Development Commission
designation of a study team to
review area to determine land
uses. costs of development and
feasibility.
Reviewed engineer's cost estimates
for public Improvements and necessary
land acquisition, land write-down
assistance and right-of-way acquisition
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13.000.000
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STATE COLLEGE
1. Golf Course undercrossing pertaining to
expansion of Interstate 215 Freeway.
12/9/74 Caltrans Permit #874-E-764504 Issued,
allowing Agency to construct
vehicular/pedestrian undercrosslng,
1-215 for for Golf Course usage.
Permit provides that when Caltrans
widens 1-215, Agency will be
responsible for widening undercrosslng.
11/15/85 Caltrans letter notifying Agency of
need to widen undercrosslng.
12/9/85 Willdan Associates Engineers estimate
received by Redevelopment Committee. $200,000
2. C&M Fine Pack Owner Participation Agreement
obligations.
8/26/85 Resolution 4791 - Community
() Development Commission
Expansion Participation 400,000
3. College Parkway Agreement obligations Including
offsite improvements.
1/21/85 Resolution 4710 - Community
Development Commission Agreement with
College Parkway Development - Agency
participation. Re-lend fund upon
paydown of principal.
6/10/85 Meeting with developer - request
submitted to re-lend funds.
300,000
4. Development of public Improvements on Kendall
Avenue near 40th Street pertaining to shopping
center site redevelopment.
5/14/85 Redevelopment Committee received
report from staff on negotiations with
Block Bros. regarding Kendall Drive
Improvements. Economist evaluating
costs.
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Redevelopment CommIttee receIved
report from staff supportIng
$1.300.000 partIcIpatIon -
negotIatIons contInuIng.
5. Branch LIbrary Project IncludIng fInancIng
program oblIgatIons.
7/2/85
1,300,000
8/15/83 Mayor & COuncIl reserved rIght for
branch lIbrary sIte (land) wIthIn the
Block Bros., Kendall DrIve project.
1/26/84 LIbrary Board revIewed plan for
Kendall DrIve Branch LIbrary.
LIbrary staff estImates constructIon,
sIte and books.
1,500,000
1 990K/def
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c::> SOUTHEAST INDUSTRIAL PARK
1. OblIgatIons pursuant to MIles & Hall
DIsposItIon and Development Agreement
IncludIng flood control Improvements
11/21/85 EnvIronmental RevIew CommIttee -
Flood Control report fIled
recommendIng major Improvements to
channel. PossIble Agency
partIcIpatIon.
2. Auto Center Owner PartIcIpatIon IncludIng
oblIgatIons thereunder. SIte locatIon -
Orange Show Road and Interstate 215.
$1,000,000
8/26/85
CommunIty Development CommIssIon -
ResolutIon #4790 approved
partIcIpatIon In off-sIte costs.
EstImate Includes land wrIte-down
assIstance, land acquIsItIon,
consultant costs, sIte preparatIon,
proportIonal costs and advertIsIng,
relocatIon assIstance
2,000,000
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CENTRAL CITY NORTH
1.
Parking project, Including development of
parking structures for redevelopment area.
3/19/84 City/Agency approved agreement
with American Cities Corp.
2/4/85 City Council received and filed
American Cities Corp. Development
program and strategy for downtown
San Bernardino. Study recommends
1220 space parking structure
within Central City North project
area.
$8,700,000
12/5/85 City Parking Place Commission
recommended to the Mayor & Common
,Council the Investigation of
, developing parking structure and
terminal between Fourth and Fifth
Streets - "0" and "E" Streets.
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MISCELLANEOUS
1. To the extent that the foregoIng projects.
programs and actIvItIes pertaIn to more than
one of the foregoIng redevelopment project
areas. the Agency Intends that responsIbIlIty
for such projects. programs and actIvItIes be
borne by any and all applIcable redevelopment
project areas.
2. EnterprIse Zones. IncludIng those wIthIn the
foregoIng redevelopment project areas and
IncludIng local IncentIve programs and fee
rebate programs.
lllB5
Mayor & Common CouncIl approved
EnterprIse Zone ApplIcatIon --
ApplIcatIon sets forth that Agency
wIll focus Its fInancIng tools In
attractIng a major supermarket to
area.
1.000.000
EnterprIse Zone ApplIcatIon also
contemplates consIderatIon of tax
Increment revenues to assIst
qualIfIed projects to the extent any
project can demonstrate need for Agency
tax Increment assIstance In furtherance
of encouragIng new development. job
retentIon. rehabIlItatIon and busIness
expansIon wIthIn approved EnterprIse
Zone boundarIes.
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3. FundIng and ImplementatIon of the CIty
Employment Job LInkage Program. IncludIng the
targetIng of fundIng for employment
development programs wIth partIcIpatIng
companIes. busInesses and IndIvIduals eIther
InsIde any of the redevelopment areas of the
Agency or outsIde and of benefIt to any of
the redevelopment project areas of the
Agency. for the purpose of provIdIng
employment opportunItIes to persons of low-
and very-low Income.
4/1/B5
CommunIty Development CommIssIon
motIon establIshIng program.
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0 B5/B6 Budget approved. N/A
(Program presently provIdes for a
maxImum IncentIve per partIcIpant at
$100,000 and annual fundIng requIrements
are subject to Agency budget approval
based upon fInancIal needs of each
partIcIpant.
4. Marketlng/Advertlslng
Program has exIsted sInce the 19B1/B2
fIscal year and represents the contInuous
Agency commItment to assIst In the
marketIng and advertIsIng to promote
IndustrIal and commercIal growth; 19B5/B6
budget approprIatIon Is $IB,OOO and each
subsequent fIscal year approprIatIon wIll
be consIdered wIthIn the approved
Agency budget. N/A
5. HIgh Groundwater pumpIng and Improvement
program IncludIng costs of pumpIng hIgh
groundwater and of constructIng permanent
Improvements In order to allevIate hIgh
groundwater problem.
~ 9/B3 &
B/B4 MunIcIpal Hater DIstrIct fIled
suIt agaInst Trl CIty and South
Valle project areas. Proposed
settlements could amount to
12/19/B4 VarIous Agency/CIty actIons to
6/19/B5 dIrect staff, bond counsel, CIty
7/2/B5 Attorney and underwrIter to negotIate
12/2/B5 wIth MunicIpal Hater DIstrIct to
12/16/B5 fInance methods of resolvIng hIgh
groundwater problem by InstallIng
pumpIng statIons, Improvements to
sewer plant and InvestIgate engIneerIng
solutIons. 10,000,000
1991K/def
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Bonds - Debt ServIce For FIscal Year 19B5-B6
STATE COLLEGE
Jan " 1981
$5,100,000
OrIgInal Bond Issue: State College SerIes A
VarIable Interest
State College SerIes B
VarIable Interest
Golf Course CertIfIcates of PartIcIpatIon May " 1985
$3,800,000 Varable Interest
July 1, 1983
$6,520,000
OutstandIng bonds July 1985
PrIncIpal
Interest
$15,085,000
$220,000
1.448.885
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C;:ENTRAL CITY NORTH
OrIgInal Bond Issue: Central CIty North Dee I, 1982 $6,300,000
VarIable Interest
OutstandIng bonds July 1985 6,165,000
PrIncIpal
Interest
75,000
568.246
643 246
SOUTH VALLE
OrIgInal Bond Issue: South Valle CertIfIcates of PartIcIpatIon
June " 1984 $2,740,000 9.51 Interest
OutstandIng bonds July 1985
PrIncIpal (due 6/1/86)
Interest
2,740,000
260 300
EXHIBIT "B"
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SOUTHEAST INDUSTRIAL PARK
OrIgInal Bond Issue: Southeast IndustrIal Park Mar 1, 1981 $5,600,000
VarIable Interest
Southeast IndustrIal Park Sept " 1983 $10,950,000
Varalable Interest
Southeast IndustrIal Park Mar " 1985 $2,000,000
Varalable Interest
OutstandIng bonds
18,340,000
150,000
':709:610
J .1159.610
PrIncIpal
Interest
~ENTRAL CITY PROJECTS
OrIgInal Bond Issue: Central CIty Projects Nov " 1985 $21,000,000
VarIable Interest
OutstandIng bonds
21,000,000
95,000
1.950.803
~ 045 R03
PrIncIpal
Interest
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OutstandInG as of 12/31/B5
o STATE COLLEGE
OUtstandIng 12/31/B5 (SIgned Agreement, Contract, OPA)
1. elM FIne Pack - OPA, August 26, 1985 $300,000
OrIgInal amounts:
Ellployment linkage - $100,000
Wrltedown land - $200,000
SIte preparatIon, gradIng, years, etc. - $200,000
FIrst Amendment - Sewer capacIty rIghts
2. Water ServIce Golf Course (1 year est.)
1,500
ResolutIon 4234, B/21/81. Agency pays for everythIng
over $25 per acre foot
3. AuthorIty Greater San BernardIno (SC oortlon) 9,286
(total $65,000)
JoInt powers authorIty agreement.
4. FloYd HYde (SC Dortlon) B,333
\9 12/2/B5, ResolutIon 4827
OrIgInal amount - $25,000 (all projects) plus out-of-pocket
5. Shandln HIlls Gold Club ConstructIon 480,655
ResolutIon 4779, B/5/B5, remodel club house
OrIgInal amount $500,000 loan to Shandln HIlls, varIable Interest
6. CC San BernardIno - note Davable
Note payable, $356,B05, 12/2/B3 - due at 71 as tax
Increment rec. on property
7. LeGal
CIty of San BernardIno, Total yearly $61,776,
ResolutIon 4713, 1/21/B5
B. FIscal aGreement
$3,333 yearly, bond servIce to SecurIty PacIfIc NatIonal Bank
354,444
3,333
9. AudIts.
EadIe & Payne, total $21 ,BOO, ResolutIon 4766, 5/3O/B5
125,000
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10. Darmor DDA
ReImbursement after Agency has
accepted deed. OrIgInal $30,000
30,000
1 312 551
PrIncIpal and Interest Payments For FIscal Year 8S-86
~976.R07
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CENTRAL CITY NORTH
o OutstandIng 12/31/85
,. AuthorIty Greater San BernardIno (CCN oortlon)
JoInt Powers AuthorIty Agreement
2. SchweItzer - note payable
Note payable, orIgInal $96,000, 2/1/85
due 2/1/92, Interest 2/1/85 to 1/31/86. 51
2/1/86 to 1/31/88. 71
2/1/88 to 1/31/92. 91
3. f2R! - note payable
Note payable. orIgInal $96.000. 2/1/85
.due 2/1/92,
Interest 2/1/85 to 1/31/86. 51
2/1/86 to 1/31/88, 71
211/8B to 1/31/92, 91
9.2B6
96.000
96.000
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4. Gardner - note payable
Note payable, orIgInal $215.000. 10/9/81
due 1/15/89
Interest 10/9/81 to 9/9183. 71
9/10/83 to 9/9/86. 8.71
9/10/86 to 1/15/89. lOt
5. GabrIel - note payable
Note payable. orIgInal $420.000, 2/1/85
due 2/1/92; Interest - same as Pope
6. FIrst Interstate - note payable
Note payable. orIgInal $1.899,253, 3/17/86
due 3/17/87; interest 7.91
7. Black - note payable
Note payable, origInal $600,000. 9/4/81
Due 9/4/88
Interest: 9/4/81 to 9/4/83. 71
9/5/83 to 9/4/86. 81
9/5/86 to 9/4/88, lOt
8. Pooe - note payable
Second note - InformatIon same as prevIous Pope
9. 6th and Arrowhead Bulldln~ - OPA
$90.000, 7/15/85; project must be complete and
certIfIcatIon of occupancy Issued
164.000
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420.000
1.899.253
600,000
96.000
90.000
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10. LeGal - CIty of San BernardIno
Total Yearly $61.776 ResolutIon 4713, 1/12/85
11. FIscal AGreement
Bonds. yearly, $3.333. SecurIty PacIfIc
12. AudIt
EadIe and Payne, total $21.800 resolutIon 4766, 5/30/85
PrIncIpal and Interest Payments For FIscal Year 1985-86
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5.000
3,333
1,500
$3.480 372
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CENTRAL CITY WEST
OutstandIng 12/31/85
1. FIrst Interstate - note payable (Inter-project)
Note payable. $707.440. 3/17/86, due 3/17/87;
1 nterest 7.91
2. AudIts
EadIe and Payne, total $21.800, ResolutIon 4766, 5/30/85
3. LeGal
CIty of San Benardlno. total yearly $61.776
ResolutIon 4713, 1/21/85
4. CommunIty Flnaclal ServIces
Employment LInkage $10.500
PrIncIpal and Interest Payments For FIscal Year 8S-86
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707.440
1,500
500
10.500
119 94Q
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SOUTHEAST INDUSTRIAL PARK
,. AuthorIty Greater San BernardIno (SEIP portIon)
joInt Powers AuthorIty Agreement
2. Floyd Hyde (SEIP portIon)
ResolutIon 4827, 12/2/85 OrIgInal Amount - $25,000
(all prjects) plus out of pocket
3. OranGe Show Plaza - note payable
To CIty of San BernardIno
OrIgInal $600,000; due 4/1/93; Interest 7t
4. Janke - note payable
OrIgInal $135,000; 11/26/84;
due upon sale of property; -0- lnt.rest
5. FIscal aGreement
Bond servIce, $7,750 yearly, SecurIty PacIfIc
6. LeGal
CIty of San BernardIno, total yearly $61,776,
ResolutIon 4713, 1/21/85
7. AudIts
EadIe and Payne, total $21,800, ResolutIon 4766, 5/30/85 1,500
9,286
8,333
600,000
135,000
7,750
20,000
1781 R69
PrIncIpal And Interest Payments For FIscal Year 85-86
1223 869
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CENTRAL CITY PROJECTS
OutstandIng 12/31/85
1. AuthorIty Greater San BernardIno (CC portIon)
JoInt Powers AuthorIty Agreement
2. J BuIldInG Lease
ResolutIon 4452, 4/4/83, $920 per month
3. ClIff Carel DDA
ResolutIon 4717, 2/5/85, orIgInal $150,000,
RegIonal storm draIn
4. Scott - note Dayable
Note payable, $112,500, 3/7/85
Due 3/7/98; Interest 3/7/85 to 3/7/98, 91
5. San BernardIno UnIfIed School DIstrIct - note Dayable
Note payable, $27,000, 1/14/85
Due 2/1/89; Interest 7.51
6. NIcolay - note Dayable
Note payable, $252,000, 11/3/82
Due 12/10/87; Interest lOt
27,85B
11 ,000
2,471
112,500
21,600
252,000
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7. Bunker-SwIng - note Dayable
Note payable, $41,000, 1/14/85
Due 2/1/89; Interest 7.51
B. Bunker-SwIng - note Dayable
Note payable, $482,000, 1/14/85
Due 4/1/87; interest 91
9. LeGal
CIty of San Benardlno, total yearly $61,776
Resolution 4713, 1/21/85
10. FIscal aGent
Bond servIces, $15,000, wIth SecurIty PacIfIc
NatIonal Bank and Bank of America
41,000
322,000
16,666
15,000
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11. AudIt
EadIe and Payne, total $21,Boo, ResolutIon 4766, 5/30/85
12. URS CorD - Como. Study area
CCSo Study Area consultant servIce
13. Brown MullInS
CCSo Study Area - street alignment study
14. URS Coro.
CCSo Study Area Urban DesIgn overlay report
PrIncipal a?d Interest Payments For FIscal Year B5/B6
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1,500
10,000
55,000
98,291
186.926
1469 150