HomeMy WebLinkAboutAGENDA REPORT 2015 0701 CCSA REG ITEM 10T CITY OF MOORPARK,CALIFORNIA
City Council Meeting
at 7—/
ACTION:_71, p ��„�(� ITEM 10.T.
�1 a- Zs.,dam _ diyp d
s., . (11.I7 SA ops'- //
BY: 93-
SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK
AGENDA REPORT
To: Honorable Successor Agency Board
From: David C. Moe II, Economic Development and Housing Manager 5c-u^t
Date: June 19, 2015 (CC Meeting of 7/1/15)
Subject: Consider Resolution Directing the Transfer of Government Use
Properties and Properties to Be Retained for Future Development to
the City of Moorpark
BACKGROUND & DISCUSSION
Upon dissolution of the Redevelopment Agency of the City of Moorpark
("Redevelopment Agency") on February 1, 2012, pursuant to AB X1 26, the Successor
Agency of the Redevelopment Agency of the City of Moorpark ("Successor Agency")
was constituted.
Pursuant to Health and Safety Code 34191.5 (b), the Successor Agency prepared the
required Long Range Property Management Plan ("LRPMP"), detailing the disposition of
the non-housing properties to the State Department of Finance ("DOF") for review and
approval. On February 12, 2015, DOF approved the LRPMP and authorized the
disposal of the Properties.
As approved in the LRPMP, all seventeen properties will be transferred to the City of
Moorpark ("City") for disposition. The twelve government use properties will be retained
by the City to be utilized for the governmental purpose described in the LRPMP at no
cost to the City and five economic development properties will be retained by the City
for future development also at no cost to the City. See attached Resolution No. SA-
2015- for a list of the properties and approved disposition.
The City will enter into a compensation agreement with the taxing entities. The
compensation agreement shall require the City to deposit the net proceeds from the
sale of each property into the Successor Agency's Community Redevelopment Property
Trust Fund ("CRPTF"), unless a property is subject to the requirements of an existing
obligation.
646
Successor Agency
July 1, 2015
Page 2 of 2
500 Los Angeles Avenue (former Caltrans maintenance yard) is the only property where
the net proceeds will not be deposited into the CRPTF. This property was purchased
with bond proceeds and the bond documents prevent these funds from being spent on
non-authorized expenditures. Therefore, the City will be able to retain the net proceeds
from the sale of this property to be spent on redevelopment purposes or to pay down
the balance of the bond debt.
Any City expenses associated with the sale of the properties retained for future
development will be deducted out of the sale proceeds prior to transferring the net
proceeds to the CRPTF.
Staff recommends approving the attached Resolution No. SA-2015- , directing the
transfer of the properties to the City for their approved disposition as stated in the
LRPMP.
FISCAL IMPACT
All properties will be transferred at no cost to the City. The City will reimburse itself prior
to transferring the net proceeds to the CRPTF. The City will retain all sale proceeds
generated for the sale of 500 Los Angeles Avenue as described above. The City will
also receive approximately nine percent (9%) of all net proceeds deposited into the
CRPTF.
STAFF RECOMMENDATION (ROLL CALL VOTE)
1. Adopt Resolution No. SA-2015- directing the Executive Director to
transfer the properties listed on the Long Range Property Management Plan and sign all
documents needed to effectuate the transfer; and
2. Authorize the City Clerk to submit the grant deeds for recordation.
Attachment I: Resolution No. SA-2015-
647
RESOLUTION NO. SA-2015-
A RESOLUTION OF THE BOARD OF DIRECTORS OF
THE SUCCESSOR AGENCY TO THE REDEVELOPMENT
AGENCY OF THE CITY OF MOORPARK, CALIFORNIA,
AUTHORIZING THE TRANSFER OF THE GOVERNMENT
USE PROPERTIES AND PROPERTIES TO BE RETAINED
FOR FUTURE DEVELOPMENT TO THE CITY, PURSUANT
TO THE APPROVED LONG RANGE PROPERTY
MANAGEMENT PLAN
WHEREAS, pursuant to Health and Safety Code Section 34175(b) and the
California Supreme Court's decision in California Redevelopment Association, et al. v.
Ana Matosantos, et al. (53 Ca1.4th 231(2011)), on February 1, 2012, all assets,
properties, contracts, leases, books and records, buildings, and equipment of the former
Redevelopment Agency of the City of Moorpark ("Agency") transferred to the control of
the Successor Agency of the Redevelopment Agency of the City of Moorpark
("Successor Agency") by operation of law; and
WHEREAS, pursuant to Health and Safety Code Section 34191.5 (b), the
Successor Agency submitted a Long Range Property Management Plan ("LRPMP") to
the California Department of Finance ("DOF") on August 21, 2013, and a revised
LRPMP on July 16, 2014; and
WHEREAS, on February 12, 2015, DOF approved the LRPMP and authorized
the properties to be disposed; and
WHEREAS, Pursuant to Health and Safety Code Section 34191.3 the approved
LRPMP shall govern, and supersede all other provisions relating to, the disposition and
use of all the real property assets of the former redevelopment agency.
NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE SUCCESSOR
AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK,
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The above recitals are true and correct and made a substantive
part of this Resolution.
SECTION 2. The Successor Agency hereby approves the transfer of the
properties listed in EXHIBIT A to the City of Moorpark to be disposed pursuant to Health
and Safety Code Section 34191.3.
SECTION 3. The Executive Director of the Successor Agency is hereby
authorized and directed to execute and deliver, to the extent appropriate and applicable,
648
Resolution No. SA-2015-
Page 2
one or more grant deeds to effectuate the conveyance of the properties to the City of
Moorpark.
SECTION 4. The staff of the Successor Agency are hereby authorized and
directed, jointly and severally, to execute and record such documents and instruments
and to do any and all other things which they may deem necessary or advisable to
effectuate this Resolution.
SECTION 5. The Secretary of the Successor Agency shall certify to the
adoption of this resolution and shall cause a certified resolution to be filed in the book of
original Resolutions.
APPROVED AND ADOPTED on this 1st day of July, 2015.
Janice S. Parvin, Chair
ATTEST:
Maureen Benson, Secretary
Exhibit A— Property Inventory Data
649
EXHIBIT A
Property Inventory Data
Address APN Disposition
1 500 Los Angeles Avenue 506-0-050-080 Retain for development
2 347 Moorpark Avenue 511-0-101-350 Retain for development
3 467 High Street 512-0-081-110 Retain for development
4 (a) Various (a) 2.14 acres 512-0-090-115 Retain for development
4 (b) Various(b) .75 acres 512-0-090-115 Government use
5 Princeton Avenue (Lots 69-82) 513-0-024-105 & 513-0-024-135 Retain for development
6 33 E. High Street 512-0-091-090 Government use
7 47 W. High Street 511-0-050-080 Government use
8 Part of Civic Center 511-0-050-090 Government use
9 161 Second Street 512-0-102-210 Government use
10 83 W. High Street 511-0-050-175 Government use
11 45 E. High Street 512-0-091-080 Government use
12 610 Spring Road 512-0-171-225 Government use
13 Spring Road 512-0-174-015 Government use
14 100 High Street 511-0-090-420 & 511-0-090-430 Government use
15 100% High Street 512-0-090-050 Government use
16 627 Fitch Avenue 512-0-150-805 Government use
17 450 High Street 512-0-082-020 & 512-0-082-030 Government use
650