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Home My WebLink AboutR03-Redevelopment Agency - 4.- ~ - . I REC)VELOPMENT AGENCY-fOUlEST FOR C))MMISSION/COUNCIL CION , From: Glenda Saul, Executive Director Ot: Redevelopment Agency Date: September 16, 1986 Subject: YWCA DISPOSITION & DEVELOPMENT AGREEMENT Synopsis of Previous Commission/Council ection: 9/19/83 Adopted Resolution 14512 to install new roofing. 2/6/84 Adopted Reaolution 14567 to sell building to YWCA. 4/9/84 Adopted Resolution 14593 to convey adjacent land to State of California. 3/7/85 Adopted Resolution 14735 to grant easement to Southern California Edison. Recommended motion: (MAYOR AND COMMON COUlfClL) o a) Move to set Joint Public Hearing at 11:00 a.m. on Monday, October 20, 1986 to consider the sale by the Redevelopment Agency of real property located within the Central City East Redevelopment Project Area to the YWCA. (COMMUNITY DEVELOPIIBNT COMMISSION) b) Move to set Joint Public Hearing at 11:00 a.m. on Monday, October 20, 1986 to consider the aale by the Redevelopment Agency of real property located within the C~"d "<Y"" ....-, ho'~':U;. dI Signature Glenda Saul Supporting data attached: YES Phone: 383-5081 1 Contact person: Ward: FUNDING REQUIREMENTS: Amount: $ None CCE Project: September 22, 1986 Date: No adverse Impact on City: oncil Notas: l535G/JH 09/~/~, ~ Agenda Item No, ~ j t... _ JL .CITeOF SAN 8ERNARDI~ - REQUE~ FOR COUNCIL AC~N c o o 75-0264 STAFF REPORT In 1984, Resolution 4576 was adopted to sell property on Lugo Avenue to the YWCA. The price was *25,610 <*5,000 for the property plus *20,610 as reimbursement for roofing repairs that have been made by the Agency). The original terms of the sale were for *500 to be paid through escrow and *24,610 to be paid in cash 90 days after the close of escrow. We received a *500 deposit. Because the YWCA lacked funds, we were never able to complete the transaction and the original eacrow lapaed. , Now, however, *4,500 from a capital campaign has allowed the YWCA to send us a check that completes payment on the *5,000 portion of the purchase price. They can also commit to regular payments to discharge the reimbursement obligation of *20,610 plus an additional *8,594 owed for utility bills and boiler repairs. Staff and the Redevelopment Comm1ttee are recommending a DDA that would change the terms to *5,000 down plus a non-interest bearing note for *29,204 to be paid at *350.00 per month for seven (7) years. Staff requests that you set a Joint Public Hearing for 11:00 a.m. on October 20, 1986 to consider the matter. 1535G/JH 09/22/86 - o o o . . o ~ CD o , Il - I. .f Ii .:/1, !i!g 8 1 I.. !~ J!~ I I .. -- --!--- ~~ . r ~ ! (g) I o o (S) .. . 0- II ,; .eo .... -----------------\-~'"~--------------- . . .. "to .. ..,. :. :. 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I ____~ ~ , ilRtQ: 5~" lJOlnECIlPl'-JC June 13, 1986 Gl.nda Saul, Executive Dir.ctor R.d.velopment Agency City of San B.rnardino 300 North -D- St., Room 320 San Bernardino, CA 92418 near Ms. Saul: ~he YWCA Board of Directors is following through with .scrow begun in February, 1984 for the purchase of the parc.l of land and those buildings currently under 49 year l.ase by the RDA to the YWCA. o The YWCA has concluded the first y.ar of . five y..r community .ervice master plan. A major .lement of this pl.n i. the renovation of faciliti.s, a decision based on r.view by the newly formed Community Advisory Board which is made up of twenty-five community l..ders. the YWCA dir.ctor. and the consultant working with the YWCA under the au.pic.. of a grant from Th. JIUll.S Irvine Foundation. ~he YWCA is embarking on . capital campaign to accompli.h this much n..ded renov.tion to provide better space usage, . .afer environment and to improve .ppaarance and to increa.. program enrollment. to allow for more cost-.ff.ctive programming. It will .lso correct a major problem of establi.hing a new main entrance lo.t by the n.wly redesigned S.ccombe Lake. .. . It is v.ry important for the YWCA to complete the purch.... a. it i. a well r.cognized fact that many funding .ourc.s will not contribut. to a csmpaign for capital funds for property own.d by a government.l ag.ncy. During the first year of the YW'. Master Pl.n proj.ct we h.v. .xperi.nced . major incr.ase in volunteer involvement by community l..ders. both men .nd women. Funding by the Arrowhead United Way h.s been .pprov.d for 1986 .nd we .re building. much broader support bese again .s part of the master pl.n. ~he enclosed check for $4.500 is to complete the purchaae of land and building. o ~he YWCA respectfully requ.sts the $20.610 advanc.d by RDA for reroofing in 1984 be paid back in five y.ars from the date of .ccept.nce of this requ.st to be paid in monthly payments of $343.50 (the original t.rms of this note were without interest). OUr current financi.l situation is such that for a period of time the YWCA would be .ble to make only the lowest payments. As w. aucc..d with our capital fund campaign one goal ia to payoff the entire loan. ~his would, hopefully. h.ppen in 1987. I underatand there may be other longstanding bills unpaid by the YWCA. Pleaae let us know what th.ae .re ao that we can .ddress the .bility of the YWCA to clear these up. .,~.:-.-............... . Lr,r" '..... .....,. .-.:\ r-':"( L\:..... r, .... / ~.",' . "'I (._~~. 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