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Home My WebLink Aboutcc min 1994/10/18 RDA MINUTES OF A JOINT MEETING OF THE REDEVELOPMENT AGENCY/ CITY COUNCIL OF THE CITY OF CHULA VISTA Tuesday, October 18, 1994 Council Chambers 7:25 p.m. Public Services Building CALL TO ORDER 1. ROLL CALL: PRESENT: Agency/Council Members Horton, Moore, Rindone, and Chairman/Mayor Nader ABSENT: Agency/Council Member Fox ALSO PRESENT: John D. Goss, Director/City Manager; Bruce M. Boogaard, Agency/City Attorney; and Beverly A. Authelet, City Clerk 2. APPROVAL OF MINUTES: None submitted. CONSENT CALENDAR (Item pulled: 4) BALANCE OF THE CONSENT CALENDAR OFFERED BY AGENCY/COUNCIL MEMBER RINDONE, reading of the text was waived, passed and approved 4-0-1 with Fox absent. 3. WRITTEN COMMUNICATIONS: None submitted. 4. RESOLUTION 1427 APPROVING THE WAIVER OF CONTINGENT INTEREST (EQUITY SHARE PARTICIPATION) ON THE AGENCY'S $15,069 LOAN TO MS. FRENCH, ORANGE TREE MOBILEHOME PARK, 521 ORANGE AVENUE, SPACE 125--In 1988 the Agency and State Department of Housing and Community Development gave a loan to Ms. French, a low-income resident of Orange Mobilehome Park, to assist her in purchasing her space when the park converted to resident ownership. The Orange Tree Homeowner's Association has been trying to sell Space 125 since they acquired it at a trustee's sale. Ms. French's heirs walked away from the property as there is not sufficient equity to pay off the debt owed. The Orange Tree Mobilehome Owners Association has asked the City to consider waiving its equity participation. City requested the State Department of Housing and Community Development waive their interest as well. They have agreed to do so. Staff recommends approval of the resolution. (Community Development Department) Pulled from the Consent Calendar. Member Rindone felt the staff recommendation was excellent and he supported it. He questioned whether there was a possibility of a lien on the estate for full recovery. Shelia Shanahan, Conununity Development Specialist I, responded that in talking with the Homeowners Association that the estate did not have sufficient funds to cover the full debt. Member Rindone questioned whether the estate had been settled. Ms. Shanahan responded that she would have to check and report back to the Agency. Minutes October 18, 1994 Page 2 Chris Salomone, Director of Community Development, stated the typical remedy was foreclosure when there was a death and the heirs did not wish to take over the debt. That was what staff was trying to prevent. Member Rindone stated he wanted to be sure that all of the public services had been well served. He requested a follow-up memo regarding his question. Should staff find that there was a concern as a result of his question it should be reagendized. RESOLUTION 1427 OFFERED BY MEMBER RINDONE, reading of the text was waived, passed and approved 4-0-1 with Fox absent. Member Rindone stated the "Recommendation" statement in the report did not include how much was being requested waived. He felt that should have been included in that section. 5.A. RESOLUTION 17688 APPROVING THE MORTGAGE CREDIT CERTIFICATE PROGRAM AND ASSIGNING ITS ALLOCATION AND PROGRAM TO THE AGENCY TO IMPLEMENT; AUTHORIZING THE AGENCY TO APPLY TO THE CALIFORNIA DEBT LIMIT ALLOCATION COMMITTEE FOR AN ALLOCATION OF QUALIFIED MORTGAGE BONDS; ELECTING TO EXCHANGE SAlD ALLOCATION FOR MORTGAGE CREDIT CERTIFICATES, CERTIFYING THE AVAILABILITY OF FUNDS FOR THE REQUIRED PERFORMANCE DEPOSIT OF $200,000; APPROVING THE STANDARD FORM LENDER PARTICIPATION AGREEMENT, AND AUTHORIZING ITS EXECUTION IN CONNECTION WITH LENDERS APPROVED BY THE EXECUTIVE DIRECTOR-- Applications for Mortgage Credit Certificates issuing authority are made by local agencies to the California Debt Limit Allocation Committee. Staff recommends the City apply for a $20,000,000 allocation. If the application is 7 approved, the allocation would yield $5,000,000 in actual Mortgage Credit Certificates under the Federal conversion program. With this, the City could issue approximately 202 Certificates. Staff recommends approval of the resolutions. (Community Development Department) B. RESOLUTION 1428 APPROVING THE MORTGAGE CREDIT CERTIFICATE PROGRAM AND ASSIGNING ITS ALLOCATION AND PROGRAM TO THE AGENCY TO IMPLEMENT; AUTHORIZING THE AGENCY TO APPLY TO THE CALIFORNIA DEBT LIMIT ALLOCATION COMMITTEE FOR AN ALLOCATION OF QUALIFIED MORTGAGE BONDS; ELECTING TO EXCHANGE SAID ALLOCATION FOR MORTGAGE CREDIT CERTIFICATES, CERTIFYING THE AVAILABILITY OF FUNDS FOR THE REQUIRED PERFORMANCE DEPOSIT OF $200,000; APPROVING THE STANDARD FORM LENDER PARTICIPATION AGREEMENT, AND AUTHORIZING ITS EXECUTION IN CONNECTION WITH LENDERS APPROVED BY THE EXECUTIVE DIRECTOR Agency/Council Member Horton questioned how the City advertised the availability of the program to potential buyers. Judy Foland, Administrative Analyst II, responded that staff had done extensive advertising through the Chula Vista Quarterly, word of mouth through lenders, and brochures and flyers. Agency/Council Member Hotton felt the Agency should work more closely with the Board of Realtors locally as they dealt directly with homebuyers. Ms. Foland stated staff could send out the MCC Information Circulars to the Board of Realtors which outlined the program in detail and gave potential buyers a list of participating lenders. Minutes October 18, 1994 Page 3 Chairman/Mayor Nader suggested that staff: 1) get on the agenda for the Board of Realtors; and 2) sponsor a seminar for the lenders and realtors, advertised through the Board of Realtors, on the City's program. Chris Salomone, Director of Community Development, stated staff understood the direction. Staff had done both of those things when the program was started but it had been almost four years. Chairman/Mayor Nader felt it should be an annual occurrence. * * END OF CONSENT CALENDAR * * PUBLIC HEARINGS AND RELATED RESOLUTIONS AND ORDINANCES 6. JOINT COUNCIL/AGENCY PUBLIC HEARING REGARDING A 31.63 ACRE SITE OF VACANT LAND LOCATED SOUTH OF STATE ROUTE 54 BETWEEN BROADWAY AVENUE (NATIONAL CITY BOULEVARD) AND FIFTH AVENUE WITHIN THE BOUNDARIES OF THE TOWN CENTRE II REDEVELOPMENT PROJECT AREA. THE PUBLIC HEARING WILL CONSIDER THE FOLLOWING: 1) Review and certification of Final Environmental Impact Report (FEIR 94-02), Findings of Feasible Mitigation Measures, Mitigation and Monitoring Program, and Statement of Overriding Considerations for a proposed 212,000 sq. ft. commercial retail shopping center to be anchored by a "Wal-Mart" store; and, 2) General Plan Amendment (GPA 94-04) for the project site to change the General Plan designation from "Research and Limited Manufacturing" to "Commercial Thoroughfare"; and, 3) Local Coastal Program Amendment (LCPA #12) for the project site (the "Inland Parcel") to change the land use designation for both the Bayfront Land Use Plan and the Bayfront Specific Plan from "Industrial General' to "Commercial Thoroughfare" subject to the "Central Commercial" zoning designation criteria of the Chula Vista Municipal Code; and, 4) Zoning Map Amendment (PCZ-94-C) for the project site to change the zoning designation from "Limited Industrial - Precise Plan Modifier" to 'Central Commercial - Precise Plan Modifier"; and 5) Coastal Development Permit (#068) for construction of the Channelside Shopping Center consisting of approximately 212,000 sq. ft. of commercial-retail floor area anchored by a "Wal-Mart" store at the project site. Recommendation: It is rec_ommended that the City Council and Redevelopment Agency _open the public hearing~ take testimony, and continue the public hearing to a date and time certain. that being TUesday. November 1~ 1994 at 4:00 p.m., immediately fifilowinl: the City Council m~ting. This being the time and place as advertised, the public hearing was declared open. There was no public testimony. MSC (Nader/Moore) to continue the public hearing, as per staff recommendation, to the meeting of 1111194. Approved 4-0-1 with Fox absent. ORAL COMMUNICATIONS None ACTION ITEMS None Submitted. Minutes October 18, 1994 Page 4 ITEMS PULLED FROM THE CONSENT CALENDAR Item pulled: 4. The minutes will reflect the published agenda order. OTHER BUSINESS 7. DIRECTOR'S/CITY MANAGER'S REPORTf S) - None 8. CHAIRMAN'S/MAYOR'S REPORT(S) - None 9. AGENCY/COUNCIL MEMBER COMMENTS Member Rindone a. Member Rindone stated Wal-Mart was advertising that they were building environmentally sensitive stores and hoped that would be included in the Wal-Mart being proposed for the area. Chris Salomone, Director of Community Development, stated staff became familiar with that in the middle of the negotiations with Wal-Mart and staff had encouraged them to incorporate as many of those features as possible for the project they would be building. They had stated that they would and staff would try to get more information for the Agency prior to the public hearing on 11/1/94. ADJOURNMENT The Redevelopment Agency met in a closed session at 7:36 p.m. to discuss: · CONFERENCE WITH REAL PROPERTY NEGOTIATOR - Pursuant to Government Code Section 549~56. 8 [] Property: School District property next to Community Hospital Medical Center. Negotiating parties: John D. Goss. Under negotiation: Potential acquisition of site for Veterans Home. The Redevelopment Agency reconvened at 10:19 p.m. and announced that no final actions had been taken in Closed Session. ADJOURNMENT AT 10:20 P.M. to the Regular Re, development Agency Meeting on November 1, 1994 at 4:00 p.m., iramediately following the City Council meeting, in the City Council Chambers. Respectfully submitted, BEVERLY A. AUTHELET, CMC, City Clerk Vicki C. Soderquist, eputy ~rk