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Home My WebLink AboutCVRC Min 2011/04/28MINUTES OF THE REGULAR MEETING OF THE CHULA VISTA REDEVELOPMENT CORPORATION (CVRC) Date: Apri128, 2011 4:00 P.M. The Regular Meeting of the Chula Vista Redevelopment Corporation was called to order at 4:01 p.m. in the Council Chambers, located in City Hall, 276 Fourth Avenue, Chula Vista, California CVRC ROLL CALL PRESENT: Directors Cannon, Desrochers, Flores, Munoz, and Paul ABSENT: Director Salas ALSO PRESENT: Deputy City Manager/Development Services Director Halbert, Deputy City Attorney Shirey, Redevelopment Manager Crockett, Housing Manager Mills and Senior Administrative Secretary Laughlin PLEDGE OF ALLEGIANCE, MOMENT OF SILENCE CONSENT CALENDAR 1. ELECTION OF NEW CHAIRPERSON At the meeting of the CVRC on October 14, 2010, Christopher Lewis was elected Chairperson. Since his resignation has been accepted, it is now necessary to elect a replacement. Director Desrochers nominated Director Munoz. The motion carried 5-0-1-0. Since Director Munoz had been elected Vice-Chair at the October 14, 2010 meeting, his replacement will be elected at a future meeting. 2. APPROVAL OF MINUTES There was a correction to the minutes of January 13, 2011-the date was incorrect - should have been January 27, 2011 and the name of Director Flores was added to Directors present list). The approval of minutes was continued to the next meeting. Page 1 of 4 CVRC -Minutes -April 28, 201 1 PUBLIC COMMENTS There were none ACTION ITEMS 3. EXCLUSIVE NEGOTIATING AGREEMENT WITH R.D. OLSON DEVELOPMENT This item was pulled from the agenda 4. PROPOSED FY 2011-12 REDEVELOPMENT AGENCY OPERATING AND CAPITAL IMPROVEMENT BUDGET On May 24, 2011, the Finance Department will present a comprehensive budget package to the City Council and Redevelopment Agency for fiscal year 2011-12. This report provides a summary of the key elements of the budget package that affect the operations of the CVRC and Redevelopment Agency, which is included as Attachment "A" to this report. Earl Jentz (private citizen) spoke and indicated that the City Council had approved a resolution providing for remayment of some of the loans by the RDA, with the first payment due June 1, 2012 and he does not see it reflected in the budget. Redevelopment Manager Crockett indicated that the amount is reflected in the budget to be sent to City Council. It is mentioned on page 4-6 of the staff report and will be in the amount of $1.9M, which is $400,000 over the required payment. ACTION: Director Desrochers moved to adopt CVRC Resolution No. 2011-003 heading read, text waived: CVRC RESOLUTION NO. 2011-003 RESOLUTION OF THE CHULA VISTA REDEVELOPMENT CORPORATION MAKING RECOMMENDATION TO THE CHULA VISTA REDEVELOPMENT AGENCY TO ADOPT THE PROPOSED OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR THE REDEVELOPMENT AGENCY AND HOUSING AUTHORITY FOR FISCAL YEAR 2011-12. Director Paul seconded the motion and it carried 4-0-1-1 with Director Flores abstaining due to a conflict and Director Salas absent. 5. SECOND SUPPLEMENTAL EDUCATIONAL REVENUE AUGMENTATION FUND (SERAF) PAYMENT Page 2 of 4 CVRC -Minutes - Apri] 28, 201 1 Assembly Bill ABX4-26 of 2009 required redevelopment agencies to remit a prescribed share of a cumulative contribution to the Supplemental Educational Revenue Augmentation Fund (SERAF) over two years. In 2010, the Redevelopment Agency approved and submitted the first payment of $4,160,694 in May 2010. The current calculation issued by the County of San Diego (County) requires that the Chula Vista Redevelopment Agency submit a payment of $856,613 for 2011. The Redevelopment Agency does not have sufficient funds in the Redevelopment Fund to make the second SERAF payment. Therefore, staff is recommending that the Agency borrow $856,613 from the Low and Moderate Income Housing Fund to make the second SERAF payment. ACTION: Director Flores moved to adopt CVRC Resolution 2011-004 heading read, text waived: CVRC RESOLUTION NO 2011-004 RESOLUTION OF THE CHULA VISTA REDEVELOPMENT CORPORATION (A) RECOMMENDING THAT THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA APPROVE AN INTERFUND LOAN OF $856,613 MILLION FROM THE LOW AND MODERATE INCOME HOUSING FUND TO THE REDEVELOPMENT FUND FOR THE STATE REQUIRED SERAF PAYMENT; AND (B) RECOMMENDING THAT THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA APPROVE NECESSARY BUDGET ADJUSTMENTS TO APPROPRIATE THE INTERFUND LOAN OF $856, 613. Director Cannon seconded the motion and it carried 5-0-1-0 with Director Salas absent. 6. CHIEF EXECUTIVE OFFICER'S REPORTS Redevelopment Manager Crockett briefed the Board on the legislative developments regarding the Governor's proposed legislation on dissolving the Redevelopment Agencies. There have been two proposals put forth to date. SB450 -deals with how to handle the Low to Mod housing funds and passed in the Senate Sub-Committee by 9/0. SB286, which is supported by the California Redevelopment Agency, deals more with reform of the Redevelopment Agencies. It addresses what an Agency can spend money on, changes and includes the definition of `blight", puts safeguazds in place to put a cap on the amount of land that can be in a project azea and makes sure that any new project azea would not take away property tax revenue from education. There are substantial changes, but they seem to be more about reform than elimination of the Agencies. CEO Halbert stated that over the past year there has been project streamling in the Planning department. During the process, there was some discussion as to what the role of the CVRC should be within the project application process. The Development Page 3 of 4 CVRC -Minutes -April 28, 2011 Oversight Committee has recommended that the CVRC should take more of a business role to advise the Agency on business deals. The matter had not been brought forward due to not knowing where the Governor's legislation was going to go. At the last City Council meeting, the question was brought up as to whether there should be a CVRC. At the next Council meeting (May 3`d) there will be an item on the agenda to discuss the dissolution of the CVRC. Any Director wishing to make his feelings known -one way or the other - is welcome to attend that meeting. Staffls intention, should the City Council decide to dissolve the CVRC, would be to work with the Board members as an informal body and work on those same business propositions. 7. CHAIRMAN'S REPORTS There was none 8. DIRECTORS' COMMENTS Director Desrochers stated that he noticed that the Mission Valley Hilton was full of athletes that are training at the Olympic Training Center. Since the Marriott has seemingly pulled out of any development on the old Corp Yazd site (pulling of Item 3) he suggested that the City contact the Hilton. That way, if a hotel was developed in Chula Vista, the athletes would not have to be bused at such a great distance to the Olympic Training Center. Manager Crockett advised the Board that staff has been taking a proactive approach on the matter. Director Paul advised the Board, that from an engineering standpoint, there would be a definite move to develop attached for-rent properties first in the economy recovery. He encouraged staff to find matches of developers and the list of properties that was recently identified by the City Council. Director Flores addressed how staff was dealing with the affordable housing on the west side and the selection of sites to be considered. He said that the small/medium projects often get overlooked by developers in favor of lazger development that will bring the biggest impact and benefit. He thinks City staff is on the right track in considering these small/medium projects. Otherwise, the level of complexity for those neighborhoods takes a long time to come to fruition. He was definitely glad to see this range of projects. ADJOURNMENT At 4:40 p.m., Chair Munoz ad' 4:00 p.m. ~vLA G ~QpOOf * ~ CVRC Page 4 of 4 ~ ~ 06/15/2005 ~~ o~°poonb°°~ ~pMENT C0~ eeting to the Regular Meetin of May 12, 2011 at i,T9 o * Eric Crockett, Secretary CVRC -Minutes -April 28, 201 1