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HomeMy WebLinkAboutAG RPTS 2001 0801 RDA REGEN JESTABLISHO r of Resolution No. 2001 -104 MOORPARK REDEVELOPMENT AGENCY REGULAR MEETING AGENDA WEDNESDAY, AUGUST 1, 2001 6:30 P.M. Moorpark Community Center 799 Moorpark Avenue 1. CALL TO ORDER: 2. ROLL CALL: 3. PUBLIC COMMENT: 4. PRESENTATION /ACTION /DISCUSSION: A. Consider Request from the Lawrence Janss Company for Agency Support of the Proposed Purchase and Renovation of the Moorpark Playhouse (45 High Street). Staff Recommendation: Direct staff as deemed appropriate. 5. CONSENT CALENDAR: A. Consider Approval of Minutes of Regular Meeting of Mav 16, 2001. Staff Recommendation: Approve minutes as processed. B. Consider Resolution to Appropriate $1,684,500 for Property Acquisition of 83 West High Street, Moorpark Mobile Home Park including Related Closing And Relocation Costs. Staff Recommendation: 1) Review the information provided in the agenda report and make the required findings as outlined in the report; 2) Authorize the purchase of 83 West High Street for redevelopment at a price of $887,500 and the payment of additional closing costs of approximately $5,000; and 3) Adopt Resolution No. 2001- , amending the Agency budget authorizing $1,684,500 from the Tax Increment Fund Balance for the acquisition of the Moorpark Mobile Home Park at 83 West High Street and relocation assistance for the park residents. (ROLL CALL VOTE REQUIRED) Redevelopment Agency Agenda August 1, 2001 Page 2 6. CLOSED SESSION: A. CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION Significant exposure to litigation pursuant to Subdivision (b) of Section 54956.9 of the Government Code: (Number of cases to be discussed - 4) B. CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION Initiation of litigation pursuant to Subdivision (c) of Section 54956.9 of the Government Code: (Number of cases to be discussed - 4) C. CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION (Subdivision (a) of Section 54956.9) Mission Bell Plaza Phase II, LLC, a California limited partnership vs. Redevelopment Agency of the City of Moorpark. (Case No. SCO28906) D. CONFERENCE WITH REAL PROPERTY NEGOTIATOR (Pursuant to Government Code Section 54956.8) Property: (APN 511 -0- 050 -175) Agency Negotiator: Steven Kueny, Executive Director Negotiating Parties: The City of Moorpark and In Young Kim Under Negotiation: Price and terms of payment 7. ADJOURNMENT: ------------------------------------------------------------------------------------------ Any member of the public may address the Agency during the Public Comments portion of the Agenda, unless it is a Public Hearing or a Presentation /Action /Discussion item. Speakers who wish to address the Agency concerning a Public Hearing or Presentations /Action/ Discussion item must do so during the Public Hearing or Presentations /Action /Discussion portion of the Agenda for that item. Speaker cards must be received by the City Clerk for Public Comments prior to the beginning of the Public Comments portion of the meeting and for Presentation /Action /Discussion items prior to the beginning of the first item of the Presentation /Action /Discussion portion of the Agenda. Speaker Cards for a Public Hearing must be received prior to the beginning of the Public Hearing. A limitation of three minutes shall be imposed upon each Public Comment and Presentation /Action /Discussion item speaker. A limitation of three to five minutes shall be imposed upon each Public Hearing item speaker. Written Statement Cards may be submitted in lieu of speaking orally for open Public Hearings and Presentation /Action /Discussion items. Copies of each item of business on the agenda are on file in the office of the City Clerk and are available for public review. Any questions concerning any agenda item may be directed to the City Clerk at (805) 517 -6223. In compliance with the Americans with Disabilities Act, if you need assistance to participate in this meeting, please contact the City Clerk's Department at (805) 517 -6223. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this meeting (28 CFR 35.102 - 35.104 ADA Title II). STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss CITY OF MOORPARK AFFIDAVIT OF POSTING I , La-Dell VanDeren, declare as follows : That I am the Deputy City Clerk of the City of Moorpark and that a notice for a Regular meeting of the Moorpark Redevelopment Agency to be held August 1, 2001, at 6 : 30 p.m. in the Council Chambers of the Moorpark Community Center, 799 Moorpark Avenue, Moorpark, California, was posted on July 27, 2001, at a conspicuous place at the Moorpark Community Center, 799 Moorpark Avenue, Moorpark, California. I declare under penalty of perjury that the foregoing is true and correct . Executed on July 27, 2001 . (742/232e---C La-Dell VanDeren, Deputy City Clerk ITEM `l• A. CITY OF MOORPARK, CALi OMRINiA Redevelopment Agency Meeting Of `d-1 -aool Auth rez C.m. cl AcTiON- G.4rM5 rl e /U -GY ae QG SS MOORPARK REDEVELOPMENT AGENCY���r AGENDA REPORT To: Honorable Agency Board of Directors From: Hugh R. Riley, Assistant Executive Dire Et Date: July 23, 2001 (MRA Meeting of August 1, 2001) Subject: Consider Request From the Lawrence Janss Company for Agency Support of the Proposed Purchase and Renovation of the Moorpark Playhouse (45 High Street). On July 18, the City Council heard a brief introduction of a proposal to acquire the Moorpark Playhouse Building at 45 High Street by Larry Janss of the Lawrence Janss Company. At that time Mr. Janss stated that he was in the final stages of a decision to acquire the property. Mr. Janss submitted a Business Plan and Investment Prospectus for a project to renovate the theater building and subsequently operate a family entertainment venue that would include first run, classic and Spanish language film, live theater performance and concerts. The City received a letter from Mr. Janss requesting that the City provide support for the project in the form of the development of public parking in the vicinity of the Theater that could be made available to theater patrons as well as customers of the other area businesses. A copy of Mr. Janss letter is attached. City and Agency Staff need additional time to develop a form of agreement that provides for specific improvements and methods for non - financial assistance contributed by the City such as the modification or waiver of certain requirements, as well as commitments to be made by the Lawrence Janss Company. Honorable Agency Board of Directors July 23, 2001 Page 2 of 2 STAFF RECOMMENDATION Direct staff as deemed appropriate. Attachment: Letter from Lawrence Janss Company Jams F ecreation, Anc. dba THE LAWRENCE JANSS COMPANY July 23, 2001 Hugh R. Riley Assistant City Manager City of Moorpark 799 Moorpark Ave. Moorpark, Ca. 93021 Dear Mr. Riley, Thank you for the illuminating meeting last week and for sharing your, and your City's, aspirations and vision for the future of High Street. It's a grand vision and one that I believe is within the grasp of the City, given strong leadership and resolve. We touched upon an issue that is central to my project's needs and to those of High Streets as well; that of parking. As you know, given the manner in which High Street has developed over the course of many decades, many businesses, the theater included, are left without dedicated parking. In fact, with the lot lines of the theater property abutting its neighbors, wall to wall, there really is no parking or location for dedicated parking whatsoever. This conundrum holds true for a number of the small businesses that front on High Street. In order for me to have the necessary certainty regarding this unknown and significant aspect of commerce along the Street, parking, in advance of the completion of my "due diligence" investigation and the closing of escrow, I wish to pose the following question to the City: Will the City provide a paved and finished parking lot on the south side of High Street on City owned land, sufficient to meet the growing needs of the theater and the adjacent businesses on Moorpark's vital, signature street? I know that this is a meaty issue, deserving of due consideration. I also know you can appreciate the significance of the question to my plans for the future of the theater on High Street. Your, and your City's, early thoughts on the subject will go far in assisting me in coming to grips with those plans. Very Truly Y Janss once Janss Company 1408 E. Thousand Oaks Boulevard, Thousand Oaks, CA 91362 -2841 904 C'p�' Telephone: (805) 497 -7691 ♦ Fax: (805) 497 -1507 ITEM �' 13 CITY OF MOORPAARK, CALTFORNTA Redevelopment Agency Fleeting of I ACTION: &Erbu--cl ('wzmmdnda_-hoo �nC(caci�� o fion MOORPARK REDEVELOPMENT AGENVT 1� AGENDA REPORT To: Honorable Agency Board of Directors From: Hugh R. Riley, Assistant Executive Di ect Date: July 26, 2001 (MRA Meeting of August 1, 2001) Subject: CONSIDER RESOLUTION TO APPROPRIATE $1,684,500 FOR PROPERTY ACQUISITION OF 83 WEST HIGH STREET, MOORPARK MOBILE HOME PARK INCLUDING RELATED CLOSING AND RELOCATION COSTS. BACKGROUND On June 6, 2001 the Agency Board reviewed a staff proposal for a negotiated purchase of the Moorpark Mobile Home Park at 83 West High Street as a result of an offer dated April 26, 2001 from the property owner, In Young Kim, to sell the property. This property has experienced numerous code violations and property maintenance problems and is considered a target for possible -redevelopment. DISCUSSION After an initial offer to sell the property from the park owner to the City of Moorpark for $1,300,000 was rejected, a subsequent, reduced offer resulted in a negotiated purchase price of eight hundred eighty -seven thousand five hundred dollars ($887,500). The acquisition of this property by the Agency will create an obligation to assist with the relocation of the park residents or pay appropriate relocation benefits. Based on recent estimates, appraisals and sales of comparable property in the area, staff estimates that the probable direct costs associated with relocating the residents of the park is approximately $695,000. Honorable Agency Board of Directors July 26, 2001 ?age 2 The Agency will retain a specialized consultant to assist with fulfilling these obligations and has obtained a grant from the California Department of Housing and Community Development that may be used to assist with mobile home acquisition as replacement housing. The estimated cost for these services including the required relocation and replacement housing plans, implementation services, project management and property management is $97,000. The $892,500 cost for the acquisition eligible use of Agency Tax Increment associated with relocating the park housing totaling $792,000 is an eligible Tax Increment Housing Set Aside funds findings are made by the Agency Board: of the property is an Funds and the costs residents to suitable expenditure of Agency, provided the following 1. That the potential reuse of the property for publicly owned buildings would be of benefit to the project area or the neighborhood in which the project is located; and 2. That no other reasonable means of financing the activity is available to the City; and 3. That the payment of funds for the acquisition of land will assist in the elimination of one or more blighting conditions inside the project area or provide housing for low and moderate income persons and is consistent with the implementation plan adopted pursuant to Section 33490. (Health & Safety Code Section 33445). Net income after expenses from the park operation during the interim period the property will be owned and managed by the Agency will help offset the above - described costs. Agency Board approval is now needed for the $887,500 purchase price of the property. In addition, a budget amendment is needed to appropriate funds for the purchase price of the property, related closing costs of $5,000, and $792,000 for costs to relocate the park residents. The total estimated project cost is $1,684,500. Honorable Agency Board of Directors July 26, 2001 Page 3 The attached Resolution allocates funds for the Agency purchase of 83 West High Street and funds for the related project costs. STAFF RECOMMENDATION (ROLL CALL VOTE REQUIRED) 1. Review the information provided in this staff report and make the required findings as outlined in the report. 2. Authorize the purchase of 83 West High Street for redevelopment at a price of $887,500 and the payment of additional closing costs of approximately $5,000. 3. Adopt Resolution No. 2001- , amending the Agency budget authorizing $1,684,500 from the Tax Increment Fund Balance for the acquisition of the Moorpark Mobile Home Park at 83 West High Street and relocation assistance for the park residents. Attachment: Resolution No. 2001- RESOLUTION NO. 2001- A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FY 2001/2002 BUDGET TO ALLOCATE $892,500 FROM THE TAX INCREMENT FUND BALANCE (2902.5500) AND $792,000 FROM THE LOW AND MODERATE INCOME TAX INCREMENT FUND (2901.5500) TO THE REDEVELOPMENT AGENCY CAPITAL PROJECTS BUDGET WHEREAS, on June 20, 2001, the Moorpark Redevelopment Agency adopted the budget for Fiscal Year 2001/2002; and WHEREAS, a staff report has been presented to the Agency requesting a budget amendment allocating $1,684,500 to the Agency Capital Projects Budget from the Tax Increment Fund Balance; and WHEREAS, Exhibit "A" hereof describes said budget amendment and its resultant impacts to the budget line item(s). NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment allocating $892,500 to the Capital Projects Budget from the Tax Increment Fund Balance and $792,000 to the Capital Projects Budget from the Low and Moderate Income Housing Tax Increment Fund as more particularly described in Exhibit "A" attached hereto is hereby approved. SECTION 2. The Agency Secretary shall certify to the adoption resolution of the resolution and shall cause a certified to be filed in the book of original Resolutions. PASSED AND ADOPTED this 18th day of July 2001. Patrick Hunter, Chair ATTEST: Deborah S. Traffenstedt, Agency Secretary Attachment: Exhibit "A" - Budget Revision Resolution No. 2001 - Page 2 EXHIBIT "A" Budget Revision A. Fund Allocation: Fund No. Fund Name Amount 2902.5500 Tax Increment Fund $892,500 2900.5500 Tax Increment Fund - LMI $792,000 $ -0- TOTAL $1,684,500 B. Budget Appropriation: Budget Number Budgeted I Revision New Budget 12902.2410.2001.9610 $ -0- T $892,500 $892,500 2901.2420.2001.9103 $ -0- 1 $792,000 $792,000 d� L1 �j 0 .-f-