HomeMy WebLinkAboutRDA Packet 2005/11/22
I declare under penalty of perjury that I am
employed by the City of Chula Vista in the
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own Aclt requirements. . :.~..,;
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CllY OF
CHULA VISTA
Stephen C. Padilla, Chair
Patty Davis, Agency Member David D. Rowlands, Jr., Executive Director
John McCann, Agency Member Ann Moore, Agency Counsel
Jerry R. Rindone, Agency Member Susan Bigelow, City Clerk
Steve Castaneda, Agency Member
SPECIAL MEETING
Notice is hereby given that the Chair of the Redevelopment Agency of the City of Chula
Vista has called aud will conveue a Special Meeting of the Redevelopment Agency on
Tuesday, November 22, 2005 following the City Council Meeting at 6:00 p.m. to be held in
the Council Chambers, located in the Public Services Building at 276 Fourth Avenue,
Chula Vista, California to consider the items on this agenda.
November 22, 2005
6:00 P.M.
(Immediately following the City Council Meeting)
Council Chambers
Public Services Building
276 Fourth Avenue
CALL TO ORDER
ROLL CALL: Agency Members Castaneda, Davis, McCann, Rindone, and Chair Padilla
CONSENT CALENDAR
(Items 1 through 2)
The Agency will enact the Consent Calendar staff recommendations by one
motion, without discussion, unless an Agency Member, a member of the public, or
City staff requests that an item be removed for discussion. lfyou wish to speak on
one of these items, please fill out a "Request to Speak" form (available in the
lobby) and submit it to the City Clerk prior to the meeting. Items pulled from the
Consent Calendar will be discussed immediateZv following the Consent Calendar,
1. APPROV AL OF MINUTES of Adjourned Regular Meetings of the City Council and
Redevelopment Agency, meeting concurrently with the Board of Port Commissioners,
held August 9, 2005; Adjourned Regular Meetings of the City Council and
Redevelopment Agency held August 9, 2005; Adjourned Regular Meetings of the City
Council and Redevelopment Agency and Special Meeting of the Housing Authority held
August 23, 2005; and Adjourned Regular Meetings of the City Council and
Redevelopment Agency held September 13,2005.
Staff recommendation: Agency approve the minutes.
2 A. RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA
VISTA AUTHORIZING THE APPROPRIATION OF $960,260 FROM THE
A V AILABLE BALANCE OF THE MERGED PROJECT AREA FUND AS A LOAN
REPAYMENT TO THE BAYFRONT/TOWN CENTRE I FUND (4/5THS VOTE
REQUIRED)
B. RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA
VISTA AUTHORIZING THE APPROPRIATION OF $960,260 FROM THE
BA YFRONT/TOWN CENTRE I FUND TO PAY THE RELOCATION
INST A LLMENT PAYMENTS DUE BFGOODRICH AEROSPACE
AEROSTRUCTURES GROUP FOR THE PERIOD JANUARY 15, 2000 TO
JANUARY IS, 2005, AND FOR THE INSTALLMENT PAYMENT DUE ON
JANUARY 15, 2006, CONSISTENT WITH THE RELOCATION AGREEMENT
ENTERED INTO WITH BFGOODRICH AEROSPACE AEROSTRUCTURES
(4/5THS VOTE REQUIRED)
In 1999, the Redevelopment Agency, the City of Chula Vista, the San Diego Unified Port
District, and Rohr, Inc., operating as BFGoodrich Aerospace Aerostructures Group
(BFG), entered into a relocation agreement. The agreement set forth, among other things,
the terms of the relocation of BPG's facilities from its prior campus in the Bayfront
Redevelopment Project Area. Pursuant to the agreement, the Agency agreed to provide
financial assistance to BFG in connection with the relocation of its facilities. Staff has
determined the total financial assistance owed to BFG to be $1,708,065, to be paid in
installments. (Director of Community Development)
Staff recommendation: Agency adopt the resolution.
ITEMS PULLED FROM THE CONSENT CALENDAR
OTHER BUSINESS
3. CITY MANAGER/DIRECTOR'S REPORTS
4. MA YOR/CHAIR'S REPORTS
5. COUNCIL/AGENCY MEMBER'S COMMENTS
Page 2 ROA Agenda
http:// www.chulavistaca.gov
November 22, 2005
ADJOURNMENT to the Regular Meeting of December 6, 2005, at 4:00 p.m. in the Council
Chambers.
In compliance with the
AMERICANS WITH DISABILITIES ACT
The City of Chula Vista requests individuals who require special accommodations to access, attend. and/or participate in a City
meeting, activity. or service request such accommodation at least forty-eight hours in advance for meetings and jive days for
scheduled services and activities. Please contact the City Clerk for specific information at (619) 691-5041 or
Telecommunications Devicesfor the lJeaf(TDD) at (619) 585-5655. California Relay Service is also available for the hearing
impaired.
Page 3 RDA Agenda
http://www.chulavistaca.gov
November 22, 2005
MINUTES OF ADJOURNED REGULAR MEETINGS OF
THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY
OF THE CITY OF CHULA VISTA MEETING, CONCURRENT WITH A MEETING OF THE
BOARD OF PORT COMMISSIONERS OF THE SAN DIEGO UNIFIED PORT DISTRICT
August 9, 2005
4:00 p.m.
Adjourned Regular Meetings of the City Council and the Redevelopment Agency of the City of
Chula Vista, meeting concurrently with the San Diego Unified Port District Board of
Commissioners, were called to order at 4: 18 p.m. in the Council Chambers, located in the Public
Services Building, 276 Fourth Avenue, Chula Vista, California.
ROLL CALL:
PRESENT:
Agency/Councihnembers: Castaneda, McCann, Rindone, and
ChairlMayor Padilla
Port Commissioners:
Bixler, Rios, Spane (Vice Chair),
Valderrama, and Chair Hall
ABSENT:
Agency/Councilmembers:
Port Commissioners:
Davis
Cushman (excused), Vilaplana (excused)
ALSO PRESENT: Executive Director/City Manager Rowlands, City Attorney Moore,
Assistant City Clerk Norris, Port President Hollingsworth, and
Assistant Port Attorney Born
PLEDGE OF ALLEGIANCE TO THE FLAG, MOMENT OF SILENCE
ORAL COMMUNICATIONS
Steve Molski commended Pat Aguilar on a recent newspaper article and expressed his view that
the project on Fourth Avenue should not be over seven stories. In regards to making decisions
about the bayfront or high-rise units, he urged Councihnembers to remember that they represent
the people.
ACTION ITEM
1. PRESENTATION ON THE CHULA VISTA BAYFRONT MASTER PLAN
COMPONENTS AND FINANCIAL ANALYSIS
Conclusion of Phase II collaboration with the Citizens Advisory Committee and the
public and presentation of the master plan components, including proposed uses, density
and height ranges, and the financial analysis. (Director of Community Development)
Community Development Director Madigan introduced the following planning team members
for the Chula Vista Bayfront Master Plan: Randy Morton, Cooper Robertson & Partners;
Richard Williams, Economics Research Associates; Michael Johnson, Carrier Johnson; and
Ralph Hicks, Port of San Diego.
Randy Morton presented a visual overview of the Bayfront Master Plan.
Page 1 - CounciVRDA/Port Minutes
//1- ,
August 9, 2005
ACTION ITEM (Continued)
Richard Williams presented the financial analysis of the plan.
Michael Johnson presented the framework for residential development for the project.
Ralph Hicks presented components of the plan to be included in the Environmental Impact
Report and also discussed the proposed alternatives for a resort conference center.
The following individuals addressed the Council/Agency/Board with varying viewpoints
regarding the Bayfront Master Plan:
Lisa Moctezuma, representing the Chula Vista Downtown Business Association
Nick Aguilar, representing the San Diego County Board of Education
Ian Gill, representing the Chula Vista Bayfront Citizens Advisory Committee (CAe)
Laura Hunter, representing the Environmental Health Coalition
Georgette Gomez and Sonja Rodriquez, representing the Environmental Health Coalition
Allison Rolfe, representing San Diego Baykeeper
Jackie McQuade
Aileen Price, representing The Committee to Protect Affordable Housing in Chula Vista
Richard Campbell, representing Pacifica
Linda Gilgun
Steve Molski
Bruce Warren, representing Citizens Coordinate for Century 3
Peter Watry
Fran Rowe
Carol Smith, representing Crossroads
Josie Hamoda
Theresa Acerro
Jim Peugh, representing the San Diego Audobon Society
Joel Ramos, representing the Center on Policy Initiatives
Mariana Lopez
Jennifer Badgley, representing San Diego Labor Council
Lynne Baker, representing Citizens Coordinate for Century 3
Patricia Aguilar, representing Crossroads II
Jim Peterson
Jack Blakely, representing Chula Vista Downtown Business Association
William Clayco, representing Save Our Bay Inc.
Chris Lewis, representing the Chula Vista Chamber of Commerce
Dr. Emerald Randolph, representing the Chula Vista CAC
Richard Wall, representing the Chula Vista Yacht Club.
Several speakers expressed concern regarding the range of analysis for residential units and
spoke in support of the majority vote by the CAC members for an analysis of between 1,000 and
2,000 residential units. Some speakers also raised concerns regarding building heights that may
potentially obstruct breezes, views, and bird migrations.
Other speakers supported higher density development, as they felt it would provide lower per-
unit costs and reduced traffic and environmental impacts, as well as attract businesses to come to
Chula Vista.
Page 2 - CouncilJRDAlPort Minutes
i ff-d-
August 9, 2005
ACTION ITEM (Continued)
Nick Aguilar, representing the San Diego County Board of Education, supported the proposal to
site an aquarium in Chula Vista, stating that doing so would provide a critical connection
between South County and Scripps Institution of Oceanography educational programs and
research activities. He suggested that the aquarium be placed near the Nature Center.
Jennifer Badgley, representing the San Diego Labor Council, stated that it was important to
consider wages and benefits for working people in the development of the bayfront and to use
area-standard wages.
Patricia Aguilar, representing Crossroads II, expressed excitement about the prospect of a
Gaylord-like facility for the baytront. She explained that the CAC discussed the residential
component of the project at several meetings, and the majority voted to analyze between 1,000
and 2,000 residential units for the EIR. She added that an independent financial analysis,
conducted by a reputable economic firm, indicated that 1,500 units would be fmancially feasible
and result in acceptable profit for the developer.
Laura Hunter, representing Environmental Health Coalition, submitted an outline of the
Coalition's positions and recommendations, as follows:
. Opposed to the staff recommendation for analysis of2,400 residential units.
. In support of CAC majority recommendation to analyze a range of residential units trom
1,000 to 2,000 in a land trade option.
. Opposed to any project that locates residential uses on the Sweetwater District.
. Suggestion for a planning guideline requiring all buildings over three stories to be
"stepped back" and moved as far trom the shoreline as possible.
. Suggestion to analyze an alternative use for the North Otay District in the event that the
South Bay Power Plant is not decommissioned.
. In support of CAC consensus positions to eliminate a sports arena in the event that a
resort convention center is built and to relocate the yacht club to a location on the
shoreline of the boat basin.
Bruce Warren, representing Citizens Coordinate for Century 3, submitted a letter dated August 9,
2005, stating that: 1) a strong neighborhood needs sufficient numbers for neighborhood retailers
to thrive; 2) additional density is well worth the reward of a vibrant, socioeconomic, diverse
community; 3) they advocate well-designed, mixed-use, higher buildings at various heights,
surrounded by open space.
Councilmember Castaneda questioned what the City/Port District could do to make the public
space work financially. Mr. Hicks replied that the financial vehicle for all issues would be
handled through a joint powers agreement. Agency/Councilmember Castaneda stated that
placing a finite number of units to be analyzed is fair to the public process, and he spoke in
support of a 2,000-unit cap analysis.
Page 3 - CouncillRDAlPort Minutes
/f}-3
August 9, 2005
ACTION ITEM (Continued)
Chair/Mayor Padilla spoke in support of an analysis of 1,000 to 2,000 units, expressing the
importance to maintain consensus between all parties and to be respectful of the CAC process
and community input.
Port Chair Hall expressed the need to listen to what the citizens have asked for and to set a
2,000-unit limit for the analysis.
Agency/Councilmember McCann spoke about the quality of life for residents and the need to
bring a world-class facility to the bayfront. He believed that achieving a consensus between all
parties involved in the process, prior to convening with the Coastal Commission and the State
Lands Commission, would be beneficial for the City.
Agency/Councilmember Rindone stated that the key points for the plan are economic viability, a
land swap, and Coastal Commission approval. He supported placing the cap at 2,000 units and
also emphasized that it is essential that all parties reach a consensus before going to the State
Lands and Coastal Commissions.
ACTION:
Chair/Mayor Padilla moved to adopt Council Resolution No. 2005-273 and
Agency Resolution No. 1922, as amended to set the range of analysis for
residential units in the Environmental Impact Report at 1,000 to 2,000 units, with
a maximum of 2,000 units, and that Alternative Plan B will be analyzed at an
alternative level only:
COUNCIL RESOLUTION NO. 2005-273 AND AGENCY
RESOLUTION NO. 1922, RESOLUTION OF THE CITY COUNCIL
AND THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA
VISTA AUTHORIZING STAFF TO PROCEED WITH THE
ENVIRONMENTAL REVIEW PROCESS FOR THE CHULA VISTA
BAYFRONT MASTER PLAN AND THE TWO OPTIONS FOR THE
RESORT CONFERENCE CENTER SITE; AND AUTHORIZING
STAFF TO ENTER INTO NEGOTIATIONS BETWEEN THE CITY OF
CHULA VISTA, THE REDEVELOPMENT AGENCY OF THE CITY
OF CHULA VISTA, AND THE PORT OF SAN DIEGO TO ADDRESS
PUBLIC FINANCING AND ENTITLEMENT PROCESSING OF THE
CHULA VISTA BAYFRONT MASTER PLAN THROUGH A JOINT
POWERS AGREEMENT OR OTHER SUCH AGREEMENT
Agency/Councilmember McCann seconded the motion, and it carried 4-0.
ADJOURNMENT
At 7:02 p.m., Chair/Mayor Padilla adjourned the City Council and Redevelopment Agency to
their meetings noticed for August 9, 2005 at 6:00 p.m. in the Council Chambers.
J~~~
Donna Norris, CMC, Assistant City Clerk
Page 4 - Council/RDA/Port Minutes
1/t-1
August 9, 2005
MINUTES OF ADJOURNED REGULAR MEETINGS OF THE CITY COUNCIL
AND THE REDEVELOPMENT AGENCY
OF THE CITY OF CHULA VISTA
August 9, 2005
6:00 p.m.
Adjourned Regular Meetings of the City Council and the Redevelopment Agency of the City of
Chula Vista were called to order at 7:44 p.m. in the Council Chambers, located in the Public
Services Building, 276 Fourth Avenue, Chula Vista, California.
ROLL CALL:
PRESENT:
Agency/Councilmembers: Castaneda, McCann, Rindone, and
Chair/Mayor Padilla
ABSENT:
Agency/Councilmembers: Davis
ALSO PRESENT: Executive Director/City Manager Rowlands, City Attorney Moore,
and Assistant City Clerk Norris
CONSENT CALENDAR
1. APPROVAL OF MINUTES - June 28, 2005; July 19, 2005; July 26,2005.
Staff recommendation: Agency/Council approve the minutes.
ACTION:
Agency/Councilmember Rindone moved to approve the minutes as submitted.
Agency/Councilmember Castaneda seconded the motion, and it carried 4-0.
ORAL COMMUNICATIONS
Jack Blakely reminded all present of the upcoming 9th Annual Lemon Festival on August 14th,
from 10 a.m. to 5 p.m., on Third Avenue between Roosevelt and E Street.
ACTION ITEMS
2. CONSIDERATION OF AN AGREEMENT WITH THE SWEETWATER UNION
HIGH SCHOOL DISTRICT FOR PLANNING AND REDEVELOPMENT OF
CERTAIN DISTRICT PROPERTIES
A joint planning agreement will obligate the City to encourage near-term development of
district-owned property, converting undeveloped properties to desirable and marketable
land uses. (Director of Community Development)
Agency/Councilmember Rindone announced that, upon the recommendation of the City
Attorney, he would abstain from discussion and voting on the item due to his employment with
the Sweetwater Union High School District. He then left the dais.
CounciVRDA Action Agenda
August 9, 2005
113-1
ACTION ITEMS (Continued)
Nick Aguilar, representing the South County Board of Education, stated that the j oint agreement
would benefit the entire community. He encouraged the Agency/Council to continue
negotiations to create additional school facilities on the west side of the City, including some
badly-needed park space.
Patricia Aguilar, representing Crossroads II, spoke in support of the collaboration between the
City and school district and expressed hope that Crossroads II could work closely with City staff
on the plan.
ACTION:
Agency/Councilmember McCann moved to adopt Council Resolution No. 2005-
278 and Agency Resolution No. 1923, heading read, text waived:
COUNCIL RESOLUTION NO. 2005-278 AND AGENCY
RESOLUTION NO 1923, RESOLUTION OF THE CITY COUNCIL
AND THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA
VISTA APPROVING AN ASSET UTILIZATION PROJECT
NEGOTIATING AGREEMENT WITH THE SWEETWATER UNION
HIGH SCHOOL DISTRICT TO FACILITATE PLANNING AND
REDEVELOPMENT OF MISCELLANEOUS DISTRICT PROPERTIES
The motion carried 3-0-1, with Agency/Councilmember Rindone abstaining.
Agency/Councilmember Rindone returned to the dais at 7:58 p.m.
OTHER BUSINESS
3. DIRECTOR/CITY MANAGER'S REPORTS
There were none.
4. CHAIRlMA YOR'S REPORTS
There were none.
5. AGENCY/COUNCILMEMBER COMMENTS
There were none.
ADJOURNMENT
At 7:58 p.m., Chair/Mayor Padilla adjourned the meeting until further notice.
~fi~
Donna Norris, CMC, Assistant City Clerk
Page 2 Counci1lRDA Minutes
08/09/05
/13--~
MINUTES OF ADJOURNED REGULAR MEETINGS OF THE CITY COUNCIL
AND REDEVELOPMENT AGENCY AND A SPECIAL MEETING OF THE HOUSING
AUTHORITY OF THE CITY OF CHULA VISTA
August 23, 2005
6:00 p.m.
Adjourned Regular Meetings of the City Council and Redevelopment Agency and a Special
Meeting of the Housing Authority were called to order at 7:21 p.m. in the Council Chambers,
located in the Public Services Building, 276 Fourth Avenue, Chula Vista, California
ROLL CALL:
PRESENT: Council/Agency/Authority Members McCann, Rindone and
Mayor/Chair Padilla
ABSENT: Council/Agency/Authority Members Castaneda, Davis (both
excused)
ALSO PRESENT: City Manager/Executive Director Rowlands, City Attorney/
Agency/Authority Counsel Moore and City Clerk Bigelow
ORAL COMMUNICATION OF THE REDVELOPMENT AGENCY
There were none.
ACTION ITEMS
1. HOUSING AUTHORITY CONSIDERATION OF THE ISSUANCE OF
MULTIFAMILY HOUSING REVENUE BONDS AND CITY COUNCIL AND
REDEVELOPMENT AGENCY CONSIDERATION OF SUBORDINATION
AGREEMENTS
This item concerns the issuance of additional tax-exempt bonds for the financing of the
Rancho Buena Vista Apartments and the execution of related documents in substantially
the form on file with the City Clerk. The City and Agency are also being asked to
subordinate their loan for the development to this debt. (Community Development
Director)
ACTION:
Council/Agency/Authority Member Rindone offered Housing Authority
Resolution No. 2005-27, City Council Resolution No. 2005-284 and
Redevelopment Agency Resolution No. 1924, headings read, texts waived:
a. HOUSING AUTHORITY RESOLUTION NO. 2005-27, RESOLUTION
OF THE HOUSING AUTHORITY OF THE CITY OF CHULA VISTA
AUTHORIZING THE ISSUANCE OF MULTIFAMILY HOUSING
REVENUE BONDS IN AN AGGREGATE PRINCIPAL AMOUNT
NOT TO EXCEED $1,715,000 FOR THE PURPOSE OF PROVIDING
ADDITIONAL FINANCING FOR THE ACQUISITION,
CONSTRUCTION AND EQUIPPING OF THE RANCHO BUENA
VISTA APARTMENTS PROJECT, APPROVING AND
AUTHORIZING THE EXECUTION AND DELIVERY OF ANY AND
ALL DOCUMENTS NECESSARY TO ISSUE THE BONDS AND
IMPLEMENT THIS RESOLUTION
/c-I
ACTION ITEMS (Continued)
b. CITY COUNCIL RESOLUTION NO. 2005-284 AND
REDEVELOPMENT AGENCY RESOLUTION NO. 1924, JOINT
RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA (A)
APPROVING SUBORDINATION AGREEMENTS FOR THE LOW
AND MODERATE INCOME HOUSING SET-ASIDE FUND LOAN IN
THE AMOUNT OF $1,000,000 AND THE HOME INVESTMENT
PARTNERSHIP PROGRAM LOAN IN THE AMOUNT OF $500,000
SUBORDINATING THE CITY AND AGENCY LOANS TO BOTH
THE 2003 AND 2005 FINANCINGS RELATED TO RANCHO BUENA
VISTA APARTMENTS AND (B) AUTHORIZING THE EXECUTION
OF SAID AGREEMENTS
The motion carried 3-0.
OTHER BUSINESS
2. DIRECTOR/CITY MANAGER'S REPORTS
There were none.
3. CHAIR/MA YOR'S REPORTS
There were none.
4. AGENCY/COUNCILMEMBER COMMENTS
There were none.
ADJOURNMENT
At 7:24 p.m., Mayor/Chair Padilla adjourned the Housing Authority until further notice and the
Redevelopment Agency to an adjourned meeting on September 13, 2005 at 6:00 p.m. in the
Council Chambers.
(
--=-- ?/.v. ~~ ~
Susan Bigelow, MMC, C2y CI~k
Page 2 Council/RD AlHA Minutes
08/23/05
;C-d---
MINUTES OF ADJOURNED REGULAR MEETINGS OF THE CITY COUNCIL
AND REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA
September 13, 2005
6:00 p.m.
Adjourned Regular Meetings of the City Council and Redevelopment Agency of the City of
Chula Vista were called to order at 7:56 p.m. in the Council Chambers, located in the Public
Services Building, 276 Fourth Avenue, Chula Vista, California
ROLL CALL:
PRESENT: Council/Agencymembers Castaneda, McCann, Rindone and
Mayor/Chair Padilla
ABSENT: Council/Agencymember Davis
ALSO PRESENT: City Manager/Executive Director Rowlands, City Attorney Moore
and City Clerk Bigelow
CONSENT CALENDAR
1. COUNCIL RESOLUTION NO. 2005-316 AND REDEVELOPMENT AGENCY
RESOLUTION NO. 1925, RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA AUTHORIZING
THE ADDITION OF ONE ASSOCIATE ACCOUNTANT, ONE ACCOUNTING
TECHNICIAN AND ONE SENIOR MANAGEMENT ANALYST POSITION TO THE
FINANCE DEPARTMENT AND APPROPRIATING FUNDS BASED ON
UNANTICIPATED REVENUES
During fiscal year 2005, the Finance Department completed its strategic business plan.
Through this process, the department identified the need to add three additional positions
to ensure the department will be able to continue to meet various financial reporting
requirements and lay the foundation needed to achieve the long-term financial reporting
goals identified in the strategic business plan. (Director of Finance/Treasurer)
Staff recommendation: Council/Agency adopt the resolution.
2. COUNCIL RESOLUTION NO. 2005-317 AND REDEVELOPMENT AGENCY
RESOLUTION NO. 1926, RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA AMENDING THE
FISCAL YEAR 2004-2005 BUDGET IN ACCORDANCE WITH THE BUDGET
TRANSFER POLICY AND APPROVING ADDITIONAL APPROPRIATIONS IN
VARIOUS FUNDS
The Council policy on financial reporting and transfer authority requires that all
departments complete the fiscal year with a positive balance in each budget summary
category. (Director of Finance/Treasurer)
Staffrecommendation: Council/Agency adopt the resolution.
Council/RDA Action Agenda
August 9, 2005
jj)--j
.
CONSENT CALENDAR (Continued)
3. AGENCY RESOLUTION NO. 1927, RESOLUTION OF THE REDEVELOPMENT
AGENCY OF THE CITY OF CHULA VISTA APPROVING A SUBORDINATION
AGREEMENT WITH THE SAN DIEGO TRUST BANK AND AUTHORIZING THE
TRANSFER OF A PORTION OF THE PROPERTY AT 760 BROADWAY AVENUE
WITHIN THE SOUTHWEST REDEVELOPMENT PROJECT AREA PRIOR TO THE
ISSUANCE OF THE CERTIFICATE OF COMPLETION
On June 10, 2003, the Agency entered into a disposition and development agreement
with Carter Reese and Associates and the Bitterlin Development Corporation for the
development of a mixed-use project located at 760 Broadway. The mixed-use retail
component of the project is close to completion, and most of the 40 lane homes are in
escrow. The developer is requesting the proposed subordination agreement and the
transfer of property in order to satisfy the requirements of the lender of the buyer Of the
mixed-use retail component. (Director of Community Development)
Staff recommendation: Agency adopt the resolution.
ACTION:
Mayor Padilla moved to approve staffs recommendations and offered the
Consent Calendar, headings read, texts waived. The motion carried 4-0.
ORAL COMMUNICATIONS
There were none.
OTHER BUSINESS
4. DIRECTOR/CITY MANAGER'S REPORTS
There were none.
5. CHAIRIMA YOR'S REPORTS
There were none.
6. AGENCY/COUNCILMEMBER COMMENTS
There were none.
CLOSED SESSION
7. PUBLIC EMPLOYEE APPOINTMENT PURSUANT TO GOVERNMENT CODE
SECTION 54957
Redevelopment Agency Executive Director
Page 2 CounciJ/RDA Minutes
09113/2005
/ j)-~
CLOSED SESSION (Continued)
ACTION:
Chair/Mayor Padilla reported that, by unanimous vote, the Redevelopment Board
of Directors directed the City Manager to direct the Acting Secretary of the Chula
Vista Redevelopment Corporation, Dana Smith, to immediately begin the process
of providing professional staff support to research and provide the Redevelopment
Agency Board with a broad and diverse list of professional executive recruiters to
do a nationwide search for the position. The Agency has appointed a
subcommittee, consisting of Mayor Padilla and Councilmember McCann, to work
with Ms. Smith and the full board to select the recruiter.
ADJOURNMENT
At 8:36 p.m., Mayor/Chair Padilla adjourned the meeting to a meeting of the Redevelopment
Agency on September 20,2005, at 6:00 p.m., in the Council Chambers.
2-----~~~ ~
Susan Bigelow, MMC, &'~ Clerk
Page 3 Council/RDA Minutes
09/13/2005
/j)-- 3
PAGE 1, ITEM NO.:
MEETING DATE:
')
_/--'
11 /22/05
REDEVELOPMENT AGENCY AGENDA STATEMENT
ITEM TITLE: A) RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY
OF CHULA VISTA AUTHORIZING THE APPROPRIATION OF
$960,260 FROM THE AVAILABLE BALANCE OF THE MERGED
PROJECT AREA FUND AS A LOAN REPAYMENT TO THE
BAYFRONT/TOWN CENTRE I FUND
B) RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY
OF CHULA VISTA AUTHORIZING THE APPROPRIATION OF
$960,260 FROM THE BAYFRONT/TOWN CENTRE I FUND TO
PAY THE RELOCATION INSTALLMENT PAYMENTS DUE
BFGOODRICH AEROSPACE AEROSTRUCTURES GROUP
("BFG") FOR THE PERIOD JANUARY 15, 2000, TO JANUARY
15, 2005, AND FOR THE INSTALLMENT PAYMENT DUE ON
JANUARY 15, 2006, CONSISTENT WITH THE RELOCATION
AGREEMENT ENTERED INTO WITH BFG /7_ -/
/
ASSISTANT CITY MANAGER/DIR. OF COMMUNITY DEVEL7 ') .s.
/ ,
REVIEWED BY: EXECUTIVE DIRECTOR 11 ,~ p ^
4/5TH5 VOTE: YE5 ~ NO
CJ
BACKGROUND
In 1999, the Redevelopment Agency of the City of Chula Vista (Agency), the City of Chula Vista
(City), the Son Diego Unified Port District (Port), ond Rohr, Inc., operating as BFGoodrich Aerospace
Aerostructures Group (BFG), entered into a Relocation Agreement (the "Agreement"). The
Agreement set forth, among other things, the terms of the relocation of BFG's facilities from its prior
campus to its current campus in the Bayfront Redevelopment Project Area. Pursuant to the
Agreement, the Agency ageed to provide financial assistance to BFG in connection with the
relocation of BFG's facilities. Specifically, Section 5.4 of the Agreement provided that financial
assistance would be paid based, in part, on the total property taxes paid by BFG on the facility and
equipment investment they made during the four-year relocation period (1999-2002). The parties
agreed that the maximum private investment eligible for use in calculating the amount of financial
assistance to be provided to BFG would be capped at $55 million. The relocation period has ended
and staff has determined the total amount of financial assistance owed to BFG to be $1,708,065, to
be paid in installment payments during the period between 2005 and 2015.
2-1
.
PAGE 2, ITEM NO.: :z
MEETING DATE: 11/22/05
RECOMMENDATION
1. That the Redevelopment Agency appropriate $960,260 from the available balance of the
Merged Proiect Area Fund as a loan repayment to the Bayfront/T own Centre I Fund.
2. That the Redevelopment Agency appropriate $960,260 from the Bayfront/T own Centre I
Fund to pay the relocation installment payments due BFG for the period January 15, 2000,
to January 15, 2005, and for the installment payment due on January 15, 2006, consistent
with the Relocation Agreement entered into with BFG.
BOARDS/COMMISSIONS RECOMMENDATION
Not applicable.
DISCUSSION
In an effort to further redevelopment activities within the Bayfront Redevelopment Project Area,
the Agency, City, Port, and BFG entered into a Relocation Agreement in 1999. One obligation of
the Agreement was the relocation and consolidation of BFG's facilities to its current campus (New
Campus) north of H Street. The relocation would allow for the extension of H Street and the
consolidation of the Port's existing bayfront land holdings south of the proposed H Street
extension.
The Agreement documented BFG's Baard af Directors' authorization to expend approximately
$45 million dollars for capital equipment for the New Campus. As a result of this anticipated
additional expenditure associated with BFG's relocation, the Agency agreed to provide financial
assistance to BFG. The financial assistance to be provided was to be tied to BFG's tax burden as
a result of its capital investment on the New Campus. The private investment eligible for use in
calculating the financial assistance to be provided was capped at $55 million. These tax
reimbursement provisions, are set forth in Section 5.4 of the Relocation Agreement (see
Attachment 1), and are generally summarized in the following excerpt from Section 5.4:
". . .Agency shall provide financing assistance to BFG with respect to industrial manufacturing
facilities, and related offices and ancillary support facilities, and equipment newly developed,
rehabilitated, or installed on the New Campus during the Relocation Period" (1999-2002).
During the time since the Relocation Period ended, the County Assessor has completed its audit of
BFG's business property thereby giving a full accounting of all new investment on. the New
Campus. The City and BFG have also completed an assessment of the financial assistance due
under Section 5.4 of the Relocation Agreement. The actual assessed valuation and associated
property taxes for purposes of calculating the reimbursement under the terms of the Agreement
has been determined to be less than that contemplated by the Agreement thereby reducing the
terms of the annual installments from 24 years to 15 years.
The total financial assistance due is $1,708,065. Current installment payments 'due total
$960,260, including $775,724 due for the period January 15, 2000, to January 15, 2005, and
2-2
PAGE 3, ITEM NO.:
MEETING DATE:
:;L
11/22/05
$184,536 for the installment payment due on January 15, 2006. The remaining installment
payments (2007 to 2014) totaling $747,805 will be included as part of the annual budget
process for Council consideration for each respective fiscal year. The remaining installment
payments will be made in accordance with the Relocation Agreement, which state that payments
are due on or before January 15 of each year through 2014. The BFG Relocation Assistance
Payment Table details the remaining scheduled installment payments (see Attachment 2).
FISCAL IMPACT
The fiscal impact to the Merged Project Area Fund will be $960,260 due to the loan repayment to
the Bayfront/Town Centre I Fund. The remaining outstanding loon from the Bayfront/Town
Centre I Fund to the Merged Project Area Fund will be $4.9 million after the loan repayment of
$960,260. There is no impact to the General Fund.
The annual fiscal impact to the Bayfront/Town Centre I Fund from 2007 to 2014 is noted in the
attached schedule and reflects the scheduled payments due to Goodrich Aerostructures Group.
ATTACHMENTS
1. Excerpt from the Relocation Agreement, Section 5.4
2. BFG Relocation Assistance Payment Table
2-3
EXCERPT FROM THE
RELOCATION AGREEMENT
by and among
City of Chula Vista
Redevelopment Agency of the city of Chula Vista
San Diego Unified Port District
and
Rohr, Inc.
Operating as BFGoodrich Aerospace Aerostructures Group
5.4 New Campus Industrial Financing Assistance. BFG currently expects to
spend approximately $50 million in capital investment on the New Campus. Its Board of
Directors has authorized approximately $45 million for capital expenditures on the New
Campus. In connection therewith, subject to the terms and conditions set forth in this Section, in
addition to the Transfer Payments to be made by Port and BFG, Agency shall provide financing
assistance to BFG with respect to industrial manufacturing facilities, and related offices and
ancillary support facilities, and equipment newly developed, rehabilitated, or installed on the
New Campus during the Relocation Period ("New Campus Industrial Financing Assistance").
5.4.1 Annual Installments. The New Campus Industrial Financing
Assistance shall be comprised of cash payments delivered to BFG in annual installments
(each an "Installment, " collectively "Installments"). Installments shall be due and
payable on January 15th of each year beginning with the first January 15th following the
Closing Date (estimated to be January 15, 2000), and ending with January 15, 2025 (each
an "Installment Payment Date''). Agency shall have no obligation to make Installment
payments after January 15, 2025.
5.4.2 Relocation Period Payments. Installments due and payable to
BFG on Installment Payment Dates be..ginning with January IS, 2000, through
January 15, 2003, respectively shall be determined based upon property tax information
derived trom the immediately preceding County fiscal year (July I through June 30)
("Fiscal Year''). The amount due and payable shall be equal to the positive difference, if
any, between (a) the amount of property taxes paid by BFG to all taxing agencies with
respect to the New Campus for the immediately preceding Fiscal Year; and (b) the sum
of one percent (I %) of the County Assessor's valuation of (i) real and personal property
located on the New Campus as of the first day after the Closing Date, plus two percent
(2%) per year with respect to such real property; (ii) South Campus equipment and
facilities that have been relocated to the New Campus as of June 30 of the immediately
preceding Fiscal Year; and (iii) any real property contemplated as being part of the New
Campus by this Agreement that is acquired by BFG after the Closing Date by on or
before June 30 of the immediately preceding Fiscal Year. For partial Fiscal Year
1999/2000 the above calculations shall be modified by multiplying each figure within the
calculation by a traction determined by dividing the number of days within the period
trom the Closing Date to June 30, 2000, by three hundred sixty-five (365).
ATTACHMENT 1
2-4
5.4.3 Post-Relocation Period Payments. Installments due and payable
to BFG on Installment Payment Dates beginning on January 15, 2004 through January
15, 2025 shall be equal to the positive difference, if any, between (a) the amount of
property taxes paid by BFG to all taxing agencies with respect to the New Campus for
Fiscal Year 2002/2003; and (b) the sum of one percent (1 %) of the County Assessor's
valuation of (i) real and personal property located on the New Campus as of the first day
after the Closing Date plus two percent (2%) per year with respect to such real property;
(ii) South Campus equipment and facilities that have been relocated to the new Campus
as of June 30, 2003; and (iii) any real property contemplated as being part of the New
Campus by this Agreement that is acquired by BFG after the Closing Date by on or
before June 30, 2003. Installment payments calculated under this Section 5.4.3 shall be
subject to adjustments in accordance with the terms and conditions of Sections 5.4.6 and
5.4.7, below.
.
5.4.4 Port Contribution. In the event that property tax revenues actually
received by the Agency from the New Campus and South Campus, less amounts required
to be set-aside and used for low and moderate income housing pursuant to California
Health and Safety Code Section 33334.2 (the "Low Income Set-Aside") for any Fiscal
Year co=encing with Fiscal Year 1999/2000 .and ending with Fiscal Year 2009/2010
("Combined Campus Available Revenues'') do not exceed the Agency property tax
revenues actually received from the New Campus and South Campus for Fiscal Year
1998/1999 ("Combined Campus Base Revenues'') by an amount equal to or greater than
the Installment payment due and payable to BFG with respect to such Fiscal Year as
determined under Section 5.4.2 and 5.4.3, above ("Installment Amount Due''), the Port
agrees to loan to the Agency, upon Agency request, an amount equal to the amount by
which the Installment Amount Due exceeds the positive difference between the
Combined Campus Available Revenues for such Fiscal Year and the Combined Campus
Base Revenues ("Port Loan''). Agency's obligation to pay to BFG any portion of an
Installment Amount Due with respect to which the Agency has requested a Port Loan
pursuant to the terms of this Section shall be contingent upon Port payment to the Agency
of such Port Loan proceeds.
.
5.4.5 Port Loan Repayment. Port Loan amounts shall accrue interest
annually at the Port's pooled interest rate adjusted quarterly trom the date of payment to
BFG of the relevant Installment Amount Due, until repaid. The Agency shall be
obligated to repay the Port Loans in a maximum of ten (10) annual installments
commencing January 15, 2010, through January 15, 2019. Agency's Port Loan
repayment obligation in each year shall be an amount equal to the lesser of (a) the
positive difference, if any, between (i) the Combined Campus Available Revenues for the
preceding Fiscal Year, less Agency's Installment obligation to BFG with respect to such
Fiscal Year, and Combined Campus Agency Base Revenues, and (b) twenty percent
(20%) of the then-outstanding Port Loan balance. Notwithstanding the foregoing, in the
event that during Fiscal Years 1999/2000 through 2009/2010 the Agency incurs an
"Accrued Surplus Balance" (defined in Section 5.4.6, below), regardless of whether or
not such Accrued Surplus Balance has been spent by the Agency, such amounts shall be
.
2-5
deemed a credit balance "available" for use for timely payments of annual installments
on the Port Loan on up to 20% of the then-outstanding Port Loan balance, until the
"credit balance" is exhausted. Unless otherwise approved by the Port, Combined
Campus Available Revenues shall be used to satisfy this Port Loan repayment obligation
as a priority to all other uses or obligations, excluding, however, Agency obligations to
pay debt service with respect to existing or refunded BayfrontJTown Centre I Project
Area tax allocation bonds and certificates of participation. Any partial payments of the
Port Loan shall be credited first to accrued interest and then to principal. In the event that
the Port Loan is not fully repaid in accordance with the t=s of this Section with the last
installment due on January IS, 2019 any remaining Port Loan balance shall be forgiven.
At City/Agency's election, repaid amounts shall be contributed towards the H Street
Extension capital improvement project or another joint Port and City/Agency project
agreed to by the parties.
5.4.6 Payments to BFG Starting in Fiscal Year 2010/2011 Limited to
Actual Receipts. If after subtracting any required Port Loan repayment required in
accordance with Section 5.4.5, the remaining Combined Campus Available Revenues for
any Fiscal Year co=encing with Fiscal Year 2010/20ll and ending with Fiscal Year
2023/2024 do not equal or exceed Combined Campus Agency Base Revenues by an
amount equal to or greater than the Installment Amount Due, an amount equal to the
amount by which the Installment Amount Due exceeds the positive difference between
the remaining Combined Campus Available Revenues for such Fiscal Year and the
Combined Campus Agency Base Revenues ("Deferred Obligation") shall not be
immediately due and payable, but shall be paid, plus interest at the rate of six and three-
fourths percent (6.75%) per annum, out of first available future Combined Campus
Available Revenues. Future Combined Campus Available Revenues shall be used to
repay the Deferred Obligations in priority to all other uses or obligations, excluding,
however, Agency obligations to pay debt service with respect to existing or refunded
BayfrontJTown Centre I Project Area tax allocation bonds and certificates of
participation, and Agency obligations to repay the Port Loan pursuant to Section 5.4.5,
above. Any partial payments of Deferred Obligations shall be credited first to accrued'
interest and then to principal. In the e.vent that any Deferred Obligations are not fully
repaid pursuant to the terms of this Section with the last installment due and payable on
January 15, 2025, any remaining Deferred Obligation amounts shall be forgiven.
Notwithstanding the foregoing, no Installment amount otherwise due shall be deferred
hereunder in the event that there are surplus Combined Campus Available Revenues,
from previous Fiscal Years which were not required to be used by Agency for purposes
of making previous Installment payments to BFG under Sections 5.4.2 and 5.4.3, above,
or Port Loan payments under Section 5.4.5, above (collectively, "Accrued Surplus
Balance"). Rather, regardless of whether or not such Accrued Surplus Balance has been
spent by the Agency, such amounts shall be deemed a credit balance "available" for use
for timely payments of Installments due to BFG, until the credit balance, if any, is
exhausted.
2-6
.
5.4.7 Adjustments and Maximum Payment. If in any Fiscal Year from
2005/2006 through 2023/2024 with respect to which an Installment payment is due and
payable, Agency Property Tax Revenues from the New Campus fall below an amount
equal to Agency Property Tax Revenues in Fiscal Year 2004/2005 from the New
Campus, then the Installment amount otherwise due and payable to BFG shall be reduced
by an amount equal to the positive difference between Agency Property Tax Revenues in
Fiscal Year 2004/2005 and the amount of Agency Property Tax Revenues received for
such Fiscal Year. The parties agree that the maximum Installment Payment calculated
under Section 5.4.3 shall not exceed an amount calculated based upon a maximum
taxable investment m mdustnal manutactunng taC1l1tles, and related offices and ancillary
support facilities, and equipment newly developed, rehabilitated, or installed on the New
Campus during the Relocation Period of $55 million ("Maximum Taxable Investment").
The Agency's current estimate for the maximum Installment Amount based upon the
Maximum Taxable Investment is $459,700.
5.4.8 In General. For purposes of Sections 5.4.1 through 5.4.7, above,
"property taxes" shall include fee ownership and possessory interest taxes assessed
against real and personal property, but shall exclude any special taxes, special
assessments or fees which might appear on BFG's property tax bill. Property tax
information required for calculations hereunder shall be derived to the extent possible
from the County Assessor Auditor, as appropriate. In the event that all of the tax
information necessary for the determination of an Installment amount in any given Fiscal
Year, or for any other determination required under this Section 5.4, is not available in
time to allow for the timely calculation and payment of such Installment by the relevant
Installment Payment Date, any payment due shaIl be made based on the then available
information, subject to modification once all relevant tax information is obtained.
5.4.9 Special Indemnity. In consideration of Agency provision of
fmancing assistance under this Section 5, BFG agrees to release, discharge, indemnify,
defend and hold harmless Agency from all claims, liabilities, losses, costs and expenses
(including without limitation Environmental Costs) arising out of Agency's provision of
financial assistance under this Section 5. In consideration of the Port Loan pursuant to
Section 5.4.4, BFG agrees to release, discharge, indemnify, defend and hold harmless
Port from all claims, liabilities, losses, costs and expenses (including without limitation
Environmental Costs) arising out of the Port Loan.
2-7
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RESOLUTION NO.
RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY
OF CHULA VISTA AUTHORIZING THE APPROPRIATION OF
$960,260 FROM THE AVAILABLE BALANCE OF THE MERGED
PROJECT AREA FUND AS A LOAN REPAYMENT TO THE
BAYFRONTfTOWN CENTRE I FUND
WHEREAS, on July 13, 1999, the City of Chula Vista, the Redevelopment Agency of the City
of Chula Vista, the San Diego Unified Port District, and Rohr, Inc. operating as BFGoodrich
Aerospace Aerostructures Group (BFG) entered into a Relocation Agreement to facilitate the
relocation and consolidation of BFG's operations north of H Street in the Bayfront Redevelopment
Project Area; and
WHEREAS, the Agency agreed to provide financial assistance to BFG, based, in part, on the
property taxes paid by BFG on the facility and equipment investment they made during the four-year
relocation period (1999-2002); and
WHEREAS, the private investment eligible for use in determining the financial assistance to
be provided was capped at $55 million; and
WHEREAS, the financial assistance to be provided by the Agency to BFG is documented in
Relocation Agreement; and
WHEREAS, the relocation period has ended;
WHEREAS, the amount of financial assistance to be paid to BFG in installment payments
during the period between 2005 and 2015 is $1,708,065; and
WHEREAS, the current installment payments due total $960,260, including $775,724 due for
the period January 15, 2000, to January 15, 2005, and $184,536 for the installment payment due on
January 15, 2006.
NOW, THEREFORE, BE IT RESOLVED the Redevelopment Agency of the City of Chula
Vista does hereby authorize the appropriation of $960,260 from the available balance of the merged
project area fund as a loan repayment to the BayfrontfTown Centre I fund.
PRESENTED BY
APPROVED AS TO FORM BY
Dana Smith
Assistant City Manager I
Director of Community Development
2-9
RESOLUTION NO.
RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
CHULA VISTA AUTHORIZING THE APPROPRIATION OF $960,260
FROM THE BAYFRONTITOWN CENTRE I FUND TO PAY THE
RELOCATION INSTALLMENT PAYMENTS DUE BFGOODRICH
AEROSPACE AEROSTRUCTURES GROUP ("BFG") FOR THE PERIOD
JANUARY 15, 2000, TO JANUARY 15, 2005, AND FOR THE
INSTALLMENT PAYMENT DUE ON JANUARY 15, 2006, CONSISTENT
WITH THE RELOCATION AGREEMENT ENTERED INTO WITH BFG
WHEREAS, on July 13, 1999, the City of Chula Vista, the Redevelopment Agency of
the City of Chula Vista, the San Diego Unified Port District, and Rohr, Inc. operating as
BFGoodrich Aerospace Aerostructures Group (BFG) entered into a Relocation Agreement to
facilitate the relocation and consolidation of BFG's operations north of H Street in the
Bayfront Redevelopment Project Area; and
WHEREAS, the Agency agreed to provide financial assistance to BFG, based, in
part, on the property taxes paid by BFG on the facility and equipment investment they made
during the four-year relocation period (1999-2002); and
WHEREAS, the private investment eligible for use in determining the financial
assistance to be provided was capped at $55 million; and
WHEREAS, the financial assistance to be provided by the Agency to BFG is
documented in the Relocation Agreement; and
WHEREAS, the relocation period has ended;
WHEREAS, the amount of financial assistance to be paid to BFG in installment
payments during the period between 2005 and 2015 is $1,708,065; and
WHEREAS, the current installment payments due total $960,260, including $775,724
due for the period January 15, 2000, to January 15, 2005, and $184,536 for the installment
payment due on January 15, 2006.
NOW, THEREFORE, BE IT RESOLVED that the Redevelopment Agency of the City
of Chula Vista does hereby authorize the appropriation of $960,260 from the BayfrontITown
Centre I fund to pay the Relocation installment payments due BFGoodrich Aerospace
Aerostructures Group for the period January 15, 2000, to January 15, 2005, and for the
installment payment due on January 15, 2006, consistent with the Relocation Agreement
entered into with BFG.
PRESENTED BY
APPROVED AS TO FORM BY
Dana Smith
Assistant City Manager I
Director of Community Development
2~10