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Home My WebLink AboutAGENDA REPORT 2013 0320 CCSA REG ITEM 10J ITEM 10.J. :y9ta rock:ii <; _ .3020 MOORPARK CITY COUNCIL„; }- AGENDA REPORT --e-4-44-0e -_-_ __ To: Honorable City Council - -�-- From: David C. Moe II, Redevelopment Manager Date: March 11, 2013 (CC Meeting of 3/20/13) Subject: Consider City of Moorpark Quit Claiming Properties Back to the Former Redevelopment Agency of the City of Moorpark and Accepting the Grant Deed of the Housing Properties From the Successor Agency of the Redevelopment Agency of 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 to the Redevelopment Agency (the "Successor Agency") was constituted. Pursuant to Health and Safety Code Section 34176(a), the City Council of the City of Moorpark ("City" adopted Resolution No. 2012-3079 electing for the City to retain the housing assets, as allowed by law, and functions previously performed by the former Agency. Health and Safety Code Section 34177(g) directs the Successor Agency to effectuate transfer of housing functions and assets to the appropriate entity designated pursuant to Health and Safety Code Section 34176, and Health and Safety Code Section 34181(c) provides that the Oversight Board of the Successor Agency ("Oversight Board") shall direct the Successor Agency to transfer housing assets pursuant to Health and Safety Code Section 34176. DISCUSSION As of preparation of this report, the Oversight Board is scheduled to consider this matter on March 19, 2013. Staff recommended that the Oversight Board take action directing the Successor Agency to: 1) transfer to the City as the Successor Housing Agency the assets identified on the Housing Asset Transfer Form, approved by the Department of Finance ("DOF") on August 27, 2012, pursuant to Health and Safety Code Section 34176(a)(2), and 2) transfer to the City all rights, powers, duties, and obligations associated with the housing activities of the former Redevelopment Agency related to the housing assets. Staff will advise the Council on the Oversight Board's action. On March 20, 2013, the Successor Agency is also considering a resolution transferring the housing assets as directed by the Oversight Board. 125 Honorable City Council March 20, 2013 Page 1 of 2 However, the properties of the former Redevelopment Agency are currently held by the City. In order to complete this transfer of housing assets to the City, the properties will first need to be transferred back to the former Redevelopment Agency. The properties will transfer to the Successor Agency by operation of law and then will be transferred to the City, as the Successor Housing Agency, at the direction of the Oversight Board. Attachment I is a list of all the properties to be transferred back to the former Redevelopment Agency and Attachment II is a list of the housing assets to be transferred to the City. Staff recommends the City return the redevelopment properties back to the former Redevelopment Agency and to accept the grant deeds of housing assets transferred from the Successor Agency. The remaining properties will be disposed of in the Property Management Plan pursuant to AB 1484. FINANCIAL IMPACT The Housing Assets to be transferred to the City, as the Successor Housing Agency, include certain properties purchased and developed with moneys from the Low and Moderate Income Housing ("LMIH") Fund and certain loans funded by moneys from the LMIH Fund. Upon the transfer, these properties and loans, and any receivables therefrom, will be assets of the Successor Housing Agency, to be used in accordance with the housing provisions of the Community Redevelopment Law. STAFF RECOMMENDATION 1. Authorize City Manager to sign quit claim deeds from the City to the former Redevelopment Agency for all properties listed on Attachment I of the agenda report; 2. Authorize the City Clerk to submit the quit claim deeds for recordation; and 3. Authorize the City Clerk to accept the grant deeds of housing assets listed on Attachment II of the agenda report transferred from the Successor Agency to the City as the Successor Housing Agency Agency. Attachment I: List of Properties Attachment II: Housing Assets 126 ATTACHMENT I LIST OF PROPERTIES 511-0-050-140 661 Moorpark Avenue 511-0-050-080 47 West High Street 511-0-050-090 West High Street 511-0-050-175 83 West High Street 512-0-062-120 798 Moorpark Avenue 512-0-062-020 782 Moorpark Avenue 512-0-093-080 296 Charles Street 512-0-090-115 High Street Parcel (Aszkenazy) 512-0-081-110 81 Charles Street 511-0-101-350 347 Moorpark Avenue 512-0-081-110 467 High Street 512-0-091-080 45 High Street 512-0-103-040 81 First Street 512-0-090-050 Post Office — Front Parking Lot 511-0-090-420, 430 West of Moorpark — Rear Post Office Pkg. Lot 512-0-150-805 627 Fitch Avenue 512-0-171-225 Police Services Center 506-0-020-130 250 Los Angeles Avenue 512-0-081-080 484 Charles Street 512-0-081-050 450 Charles Street 512-0-081-060 460 Charles Street 511-0-030-300 1063 Walnut Canyon 511-0-030-290 1073 Walnut Canyon 511-0-030-270 1095 Walnut Canyon 511-0-030-260 1113 Walnut Canyon 511-0-030-250 1123 Walnut Canyon 511-0-040-130, 140 1293 Walnut Canyon 512-0-091-090 33 E. High Street 511-0-040-120 1331 Walnut Canyon 512-0-062-110 765 Walnut Street 512-0-063-010 780 Walnut Street 506-0-050-080 Surplus Parcel — 500 Los Angeles Avenue 511-0-030-280 1083 Walnut Canyon 513-0-024-105, 135 Princeton —2 Parcels 512-0-102-100 112 First Street 512-0-102-110 124 First Street 512-0-082-020, 030 450 High Street 512-0-174-015 Veteran's Memorial 127 ATTACHMENT II HOUSING ASSETS 250 Los Angeles Avenue 782 Moorpark Avenue 798 Moorpark Avenue 81 First Street 1123 Walnut Canyon 1113 Walnut Canyon 1095 Walnut Canyon 1083 Walnut Canyon 1073 Walnut Canyon 1063 Walnut Canyon 1331 Walnut Canyon 1293 Walnut Canyon 81 Charles Street 765 Walnut Street 780 Walnut Street 450 Charles Street 460 Charles Street 484 Charles Street 112 First Street 124 First Street SW Terminus of Millard Street 128