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Home My WebLink About022614 OB SARDA AgendaIn compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the office of the City Clerk (951) 694 -6444. Notification 48 hours prior to a meeting will enable the City to make reasonable arrangements to ensure accessibility to that meeting [28 CFR 35.102.35.104 ADA Title II]. MEETING NOTICE /AGENDA OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY REGULAR MEETING COUNCIL CHAMBERS 41000 MAIN STREET TEMECULA, CALIFORNIA FEBRUARY 26, 2014 — 6:30 PM Next in Order: Resolution: 14 -01 CALL TO ORDER: John Meyer, Chairperson Roll Call: Meyer, Thornhill, Gonzalez, Kelliher, Ordway -Peck, Sparkman, Turner PUBLIC COMMENTS A total of 15 minutes is provided so members of the public may address the Board on items that are not listed on the Agenda. Speakers are limited to three minutes each. If you desire to speak to the Board about an item not on the Agenda, a salmon colored "Request to Speak" form should be filled out and filed with the Board Secretary. When you are called to speak, please come forward and state your name for the record. For all other agenda items a "Request to Speak" form must be filed with the Board Secretary prior to the Board addressing that item. There is a three - minute time limit for individual speakers. NOTICE TO THE PUBLIC All matters listed under Consent Calendar are considered to be routine and all will be enacted by one roll call vote. There will be no discussion of these items unless Members of the Oversight Board request specific items be removed from the Consent Calendar for separate action. CONSENT CALENDAR Minutes RECOMMENDATION: 1.1 Approve the Minutes of June 12, 2013 1.2 Approve the Minutes of September 25, 2013 BOARD BUSINESS 2 Adopt Recognized Obligation Payment Schedules for the period of July 1 2014 through December 31, 2014. (ROPS 14 -15A) RECOMMENDATION: 3.1 Adopt a resolution entitled: RESOLUTION NO. OB SARDA 14 -01 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY APPROVING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIODS OF JULY 1, 2014 THROUGH DECEMBER 31, 2014 PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177 AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH 3 Adopt the Amended Long Range Property Management Plan and transmittal of the Amended Long Range Property Management Plan in Accordance with Health and Safety Code 34191.5 RECOMMENDATION: 4.1 Adopt a resolution entitled: RESOLUTION NO. OB SARDA 14 -02 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY APPROVING THE AMENDED LONG -RANGE PROPERTY MANAGEMENT PLAN PREPARED BY THE SUCCESSOR AGENCY PURSUANT TO HEALTH AND SAFETY CODE SECTION 34191.5, DETERMINING THAT APPROVAL OF THE LONG -RANGE PROPERTY MANAGEMENT PLAN IS EXEMPT FROM THE CALIFORNIA ENVIRONMENTAL QUALITY ACT, AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH ADJOURNMENT Next regular meeting: Wednesday, March 12, 2014 6:30 PM, Council Chambers, 41000 Main Street, Temecula, California. CA111 //V A��, o) Date Gwyn . FI res, CNIC Acting Board Secretary NOTICE TO THE PUBLIC: The Agenda will be available for viewing, prior to the meeting, at the Main Reception at City Hall — 41000 Main Street, Temecula, 8:00 — 5:00 PM as well as on the City's website — www.cityoftemecula.org. Any staff report/written material pertaining to this meeting will be available, prior to the meeting, for public review at the Main Reception and at the respective meeting. Any Supplemental Material distributed to a majority of the Committee Members regarding any item on the Agenda, after the posting of the Agenda, will be available for public review at the Main Reception. In addition, such material will be made available for review at the respective meeting. If you have any questions regarding any item of business on the Agenda for this meeting, please contact City Hall — 951- 694 -6444. ITEM 1 ACTION MINUTES OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY REGULAR MEETING COUNCIL CHAMBERS 41000 MAIN STREET JUNE 12, 2013 — 6:30 PM Next in Order: Resolution: 13 -02 CALL TO ORDER: John Meyer, Chairperson Roll Call: Meyer, Thornhill, Gonzalez, Kelliher, PUBLIC COMMENTS NO SPEAKERS NOTICE TO THE PUBLIC All matters listed under Consent Calendar are considered to be routine and all will be enacted by one roll call vote. There will be no discussion of these items unless Members of the Oversight Board request specific items be removed from the Consent Calendar for separate action. CONSENT CALENDAR Minutes RECOMMENDATION: 1.1 Approve the Minutes of February 27, 2013 APPROVED BY A 4 -0 VOTE. VOTE REFLECTED UNANIMOUS APPROVAL. BOARD BUSINESS 2 Election of Chair Person and Vice Chair Person 2.1 Entertain motions from the Board of Directors to appoint the Chair Person, effective June 13, 2013, to preside until June 13, 2014. 2.2 Entertain motions from the Board of Directors to appoint the Vice Chair Person, effective June 13, 2013, who will assume the duties of the Chair Person in the Chair Person's absence, and hold this office until June 1.3, 2014 BOARD MEMBER MEYER WAS NOMINATED TO SERVE AS CHAIR PERSON. BOARD MEMBER THORNHILL WAS NOMINATED TO SERVE AS VICE CHAIR PERSON. APPROVED BY A 4 -0 VOTE. VOTE REFLECTED UNANIMOUS APPROVAL. 3 Adopt Proposed Administrative Budgets for the Successor Agency to the Temecula Redevelopment Agency Pursuant to Health and Safedty Code Section 34177 APPROVED BY A 4 -0 VOTE. VOTE REFLECTED UNANIMOUS APPROVAL. RECOMMENDATION: 3.1 Adopt a resolution entitled: OB SARDA RESOLUTION NO. 13- A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY APPROVING PROPOSED ADMINISTRATIVE BUDGETS PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177 AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH ADJOURNMENT Next regular meeting: Wednesday, October 9, 2013, 6:30 PM, in the Council Chambers, 41000 Main Street, Temecula, California. ATTEST: Susan W. Jones, MMC Agency Secretary /City Clerk Pa Gary Thornhill Vice Chairperson Aaron Adams Executive Director ACTION MINUTES OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY REGULAR MEETING COUNCIL CHAMBERS 41000 MAIN STREET SEPTEMBER 25, 2013 — 6:30 PM Next in Order: Resolution: 13 -04 CALL TO ORDER: Gary Thornhill, Vice Chairperson Roll Call: Thornhill, Gonzalez, Kelliher, Ordway -Peck, Sparkman, PUBLIC COMMENTS NO SPEAKERS NOTICE TO THE PUBLIC All matters listed under Consent Calendar are considered to be routine and all will be enacted by one roll call vote. There will be no discussion of these items unless Members of the Oversight Board request specific items be removed from the Consent Calendar for separate action. CONSENT CALENDAR Minutes RECOMMENDATION: 1.1 Approve the Minutes of June 12, 2013 ITEM WAS CONTINUED TO NEXT MEETING DUE INSIFFICIENT QUORUM FROM MEETING OF JUNE 12, 2013 BOARD BUSINESS 2 Make a Finding that the 6th Street Promissory Note between the City of Temecula and the former Temecula Redevelopment Agency was for legitimate redevelopment purposes. APPROVED BY A 5 -0 VOTE. VOTE REFLECTED UNANIMOUS APPROVAL RECOMMENDATION: 2.1 Adopt a resolution entitled: RESOLUTION NO. OB SARDA13- A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY MAKING A FINDING, PURSUANT TO HEALTH AND SAFETY CODE 34191.4 (B) (1), THAT THE PROMISSORY NOTE BETWEEN THE CITY OF TEMECULA AND THE FORMER TEMECULA REDEVELOPMENT AGENCY WAS FOR LEGITIMATE REDEVELOPEMENT PURPOSES. 3 Adopt Recognized Obligation Payment Schedules for the period of July 1, 2013 through December 31, 2013. (ROPS 13 -14A) APPROVED BY A 5 -0 VOTE. VOTE REFLECTED UNANIMOUS APPROVAL RECOMMENDATION: 3.1 Adopt a resolution entitled: RESOLUTION NO. OB SARDA 13- A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY APPROVING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD OF JULY 1, 2013 THROUGH DECEMBER 31, 2013 PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177 AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH 4 Adopt the Long Range Property Manaqement Plan and transmittal of the Long Range Property Management Plan on Accordance with Health and Safety Code 34191.5 APPROVED BY A 5 -0 VOTE. VOTE REFLECTED UNANIMOUS APPROVAL RECOMMENDATION: 4.1 Adopt a resolution entitled: RESOLUTION NO. OB SARDA 13- A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY APPROVING THE LONG -RANGE PROPERTY MANAGEMENT PLAN PREPARED BY THE SUCCESSOR AGENCY PURSUANT TO HEALTH AND SAFETY CODE SECTION 34191.5, DETERMINING THAT APPROVAL OF THE LONG RANGE PROPERTY MANAGEMENT PLAN IS EXEMPT FROM THE CALIFORNIA ENVIRONMENTAL QUALITY ACT, AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH ADJOURNMENT Next regular meeting: Wednesday, October 9, 2013, 6:30 PM, in the Council Chambers, 41000 Main Street, Temecula, California. Gary Thornhill Vice Chairperson Aaron Adams Executive Director ATTEST: Susan W. Jones, MMC Agency Secretary/City Clerk ITEM 2 THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY AGENDA REPORT TO: Board of Directors of the Oversight Board of the Successor Agency to the Temecula Redevelopment Agency Armando G. Villa, AICP, Director of Community Development for the Successor FROM: Agency to the Temecula Redevelopment Agency DATE: February 26, 2014 SUBJECT: Recognized Obligation Payment Schedules for the period of July 1, 2014 through December 31, 2014. (ROPS 14 -15A) PREPARED BY: Luke Watson, Senior Planner for the Successor Agency to the Temecula Redevelopment Agency RECOMMENDATION: Adopt a resolution entitled: RESOLUTION NO. OB SARDA 14 -01 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY APPROVING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIODS OF JULY 1, 2014 THROUGH DECEMBER 31, 2014 PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177 AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH BACKGROUND: Pursuant to Health and Safety Code Section 34177(1)(2)(B), successor agencies are required to prepare in advance a Recognized Obligation Payment Schedule (ROPS) that is forward looking for six months and covering the periods of July 1, 2014 through December 31, 2014. The ROPS lists all of the Successor Agency's financial obligations. The Successor Agency is required to submit this ROPS to the Oversight Board for approval after the Successor Agency has approved the ROPS in a public meeting. After the Oversight Board approves the ROPS, the Successor Agency is then required to submit the approved ROPS to the State Department of Finance, the County Auditor Controller, and to the State Controller no later than March 3, 2014. Preparation of a Recognized Obligation Payment Schedule is in furtherance of allowing the Successor Agency to pay enforceable obligations of the former Redevelopment Agency. FISCAL IMPACT: Adoption of the proposed resolutions will enable the Successor Agency to fulfill its enforceable obligations. In accordance with Health and Safety Code Section 34173(e), the liability of the Successor Agency, acting pursuant to the powers granted under Part 1.85, shall be limited to the extent of, and payable solely from, the total sum of property tax revenues it receives pursuant to Part 1.85 and the value of assets transferred to it as a successor agency for a dissolved redevelopment agency. The debts, assets, liabilities, and obligations of the Successor Agency shall be solely the debts, assets, liabilities, and obligations of the Successor Agency and not of the City. ATTACHMENTS: 1. Resolution No. OB SARDA 14 -01 2. Exhibit A — Draft Recognized Obligations Payment Schedule for the periods of July 1, 2014 through December 31, 2014 RESOLUTION NO. OB SARDA 14 -01 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY APPROVING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIODS OF JULY 1, 2014 THROUGH DECEMBER 31, 2014 PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177 AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH THE BOARD OF DIRECTORS OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS: Section 1. Recitals. The Board of Directors of the Oversight Board of the Successor Agency to the Temecula Redevelopment Agency does hereby find, determine and declare that: A. The Redevelopment Agency of the City of Temecula was a redevelopment agency in the City of Temecula, duly created pursuant to the Community Redevelopment Law, Part 1, commencing with Section 33000, of Division 24 of the California Health and Safety Code (hereafter the "Temecula Redevelopment Agency "). On June 12, 1988, the Board of Supervisors of the County of Riverside adopted Ordinance No. 658 adopting and approving the "Redevelopment Plan for Riverside County Redevelopment Project No. 1988 -1." On December 1, 1989, the City of Temecula was incorporated. The boundaries of the Project Area described in the Plan are entirely within the boundaries of the City of Temecula. On April 9, 1991, the City Council of the City of Temecula adopted Ordinances Nos. 91 -08, 91 -11, 91 -14, and 91- 15 establishing the Redevelopment Agency of the City of Temecula and transferring jurisdiction over the Plan from the County to the City. Pursuant to Ordinance Nos. 91- 11 and 91 -15, the City of Temecula and the Redevelopment Agency of the City of Temecula assumed jurisdiction over the Plan as of July 1, 1991. The Plan has been amended by Ordinance Nos. 94 -33, 06 -11 and 07 -20 adopted by the City Council. The Agency duly adopted its Implementation Plan for 2010 -2014 on December 8, 2009 in accordance with Health and Safety Code Section 33490. B. The City Council of the City of Temecula adopted Resolution No. 12 -02 January 10, 2012, pursuant to Health and Safety Code Section 34173 and applicable law electing for the City to serve as the Successor Agency for the Temecula Redevelopment Agency upon the dissolution of the Redevelopment Agency of the City of Temecula. The City Council of the City of Temecula, Acting as the Governing Body for the Successor Agency to the Temecula Redevelopment Agency, adopted Resolution No. 12 -01 on February 28, 2012 declaring the Successor Agency to the Temecula Redevelopment Agency duly constituted pursuant to law and establishing rules and regulations for the operation of the Successor Agency to the Temecula Redevelopment Agency ( "Successor Agency "). C. The California Redevelopment Association and League of California Cities filed a lawsuit in the Supreme Court of California (California Redevelopment Association, et al. v. Matosantos, et al. (Case No. S194861)) alleging that ABX1 26 and ABX1 27 were unconstitutional. D. On December 29, 2011, the Supreme Court issued its opinion in the Matosantos case largely upholding ABX1 26, invalidating ABX1 27, and holding that ABX1 26 may be severed from ABX1 27 and enforced independently. E. As a result of the Supreme Court's decision, on February 1, 2012, all redevelopment agencies, including the Temecula Redevelopment Agency, were dissolved and replaced by successor agencies established pursuant to Health and Safety Code Section 34173. F. Accordingly, the Board desires to adopt this Resolution approving the Recognized Obligation Payment Schedule for the periods of July 1, 2014 through December 31, 2014 in accordance with Part 1.85. Section 2. This Resolution is adopted pursuant to Health and Safety Code Section 34177. Section 3. The Board hereby approves the Recognized Obligation Payment Schedule for the periods of July 1, 2014 through December 31, 2014 substantially in the form attached as Exhibit A to this Resolution and incorporated herein by reference (the "ROPS "). The Executive Director of the Successor Agency, in consultation with the Successor Agency's legal counsel, may modify the ROPS as the Executive Director or the Successor Agency's legal counsel deems necessary or advisable. Section 4. The Board hereby designates the Finance Director as the official to whom the DOF may make requests for review in connection with the ROPS and who shall provide the DOF with the telephone number and e-mail contact information for the purpose of communicating with the DOF. Section 5. The officers and staff of the Successor Agency are hereby authorized and directed, jointly and severally, to do any and all things which they may deem necessary or advisable to effectuate this Resolution, including submitting the certified Recognized Obligation Payment Schedule to the oversight board for approval, and any such actions previously taken by such officers are hereby ratified and confirmed. Section 6. The Secretary shall certify to the adoption of this Resolution. PASSED, APPROVED, AND ADOPTED by the Board of Directors of the Oversight Board of the Successor Agency to the Temecula Redevelopment Agency this 26th day of February, 2014. John Meyer, Chairperson ATTEST: Gwyn R. Flores, CMC Acting Board Secretary STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF TEMECULA ) I, Gwyn R. Flores, CMC, Acting Board Secretary of the Successor Agency to the Temecula Redevelopment Agency, do hereby certify that the foregoing Resolution No. OB SARDA 14 -01 was duly and regularly adopted by the Board Members of the Oversight Board of the Successor Agency to the Temecula Redevelopment Agency of the City of Temecula at a meeting thereof held on the 26th day of February, 2014 by the following vote: AYES: BOARD MEMBERS: NOES: BOARD MEMBERS: ABSENT: BOARD MEMBERS: ABSTAIN: BOARD MEMBERS: Gwyn R. Flores, CMC Acting Board Secretary EXHIBIT A Recognized Obligations Payment Schedule for the period July 1, 2014 through December 31, 2014 (ROPS 14 -15A) t, § E U) /} 2/ E )k k\ �{ /\ �} 0} ) � \ 0 .0 kk 22 k ■ § I ( § § IItw � \ CD OF _ k Z ■ ) % / § § � \ 2 / 3 U. a ®t ! ) a k - f « ■ 2 E « § k k 3 G c @ 0 \ m { § 2 f ) k LL k§ o k - 0 ' �§ m £ \ ) 2 7 § lu . . u « m o c_ LL o x cm Ct U� \� \i .� k] |9 U. �t }� (� �k ) k �} �\ }� G� «E $C -B LL � � 2 � \, . \7U. ! w`E �£ t� k \} C 0 } ( « -» Lu -f z ID � \ 7 )) »\ 4) 0) \ }\c gtI§ \g)} !f!{ / /)D _ ° -§ \} \\ ! / 3 m o Y� C F 3 � J Y Z F B z z z z z z z z z z z z z > z z z z > z z z z IL z o' i n � � r a 0 a o i L L E E � a Ey zp E y ° A °a pp r iS -; B d a i g s rc rd aEs 12 3 AMA � c a c L m E E � $o o � 4 w n n U a a a a a °p LL O O E m�mz� u O O LL E r F F i r °o"o S -_ 2 i E a o 8 o° 9 o ' 8 wo Yi d pp QQ w m 3 o00 .0-- oa_ ii w Eo F F c g F 2X 3 g NiRn�v AIR RS it d d U < R FA < s N d u C of Im m t a to U w O r CL Q _ r � o IL OL m m j c • O t E V Q O O C m E� T R a C O a a O N a O V r O CL E 0 c m a m n E aci E 3 0 a m V m N m V 0 O m O) C a C m n N _ r LL V m N m � � L C Q Q c O O C O Z N N N C m K O arD y Q ♦1 m U O co Oi Oi di W cro aro Goo co O (7 C V Cm C .: m C o c _ a ui a o w w N m ;mm m O�mOE r. 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O m LL E m� O g LL Q J a0' °— 2 01 2 a0 af1 E y`o` 3 c c c m fJ m g o O n S Z c a E J a' Q c a E a' Q c m c m it m "* > _ =gym J @ J a' J C E OC1 N m > 0 U o > $$ m E (�7 c°i E u> o r° E m m= O<n m O Z E O c= gc E n (n H m �0 (A it E m r N V) 0 z a m� N ? � M L u E ,8 c 0 do E� 0 aL � O o A N N a m # N W y C n W � 0 c O o S So 3 ° m 8 9 °ate 80 ��° a � � ww E y Zo 0 N N m n E E > m m J p = L 0 m mC72YD (72YM o� E > > > > 2 > j E m > > > > m m O 0 0 0 0 o o o L o o o o C C m O L 0 0 2 W WI m 0) A N N m ITEM 3 OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY AGENDA REPORT TO: Executive Director /Board of Directors FROM: Armando G. Villa, AICP, Director of Community Development for the Successor Agency to the Temecula Redevelopment Agency DATE: February 26, 2014 SUBJECT: Approval and Transmittal of the Amended Long Range Property Management Plan in Accordance with Health and Safety Code Section 34191.5 PREPARED BY: Luke Watson, Senior Planner for the Successor Agency to the Temecula Redevelopment Agency RECOMMENDATION: Adopt-a resolution entitled: RESOLUTION NO. OB SARDA 14 -02 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY APPROVING THE AMENDED LONG -RANGE PROPERTY MANAGEMENT PLAN PREPARED BY THE SUCCESSOR AGENCY PURSUANT TO HEALTH AND SAFETY CODE SECTION 34191.5, DETERMINING THAT APPROVAL OF THE LONG -RANGE PROPERTY MANAGEMENT PLAN IS EXEMPT FROM THE CALIFORNIA ENVIRONMENTAL QUALITY ACT, AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH That the Oversight Board adopt the attached resolution pursuant to Health and Safety Code Section 34191.5(1), approving the Amended Long Range Property Management Plan (Amended LRPMP), attached as Exhibit A to the resolution, (ii) finding that approval of the LRPMP is not a project pursuant to the California Environmental Quality Act (CEQA), and (iii) directing the transmittal of the resolution to the California State Department of Finance (DOF). Discussion 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 CalAth 231(2011)), on February 1, 2012, all real properties of the former Temecula Redevelopment Agency (the "Agency ") transferred to the control of the Successor Agency to the Temecula Redevelopment Agency (Successor Agency) by operation of law. Pursuant to Health and Safety Code Section 34191.5(b), the Successor Agency must prepare a Long Range Property Management Plan ( LRPMP) that addresses the disposition and use of the real properties of the former Agency. The LRPMP must be submitted to the Oversight Board and the Department of Finance (the "DOF ") for approval no later than six months following the issuance by DOF to the Successor Agency of a finding of completion pursuant to Health and Safety Code Section 34179.7. The DOF issued a finding of completion to the Successor Agency on April 26, 2013. The Successor Agency prepared and submitted to the Oversight Board a LRPMP on September 25, 2013. The LRPMP addressed the disposition and use of the real properties owned by the Successor Agency and includes the information required pursuant to Health and Safety Code Section 34191.5(c). Pursuant to Section 34191.5(c), the LRPMP included an inventory providing information about each of the real properties, including, among other things, the date of acquisition, the value on the date of acquisition, the estimated current value, and a history of previous development proposals. Permissible uses of the properties include the retention of the property for governmental use pursuant to Health and Safety Code Section 34181(a), the retention of the property for future development, the sale of the property, or the use of the property to fulfill an enforceable obligation. Pursuant to Health and Safety Code Section 341800), at the same time the Successor Agency submitted the LRPMP to the Oversight Board, the Successor Agency submitted the LRPMP to the County Administrative Officer, the County Auditor - Controller, and DOF. ; Pursuant to Health and Safety Code Section 34181(f), the public was provided with at least ten days' notice of the date of the meeting at which the Oversight Board proposes to consider approval of the LRPMP. In January of 2014 the Successor Agency was contacted by the DOF with comments and revisions that it is requiring that the Successor Agency address in the amended LRPMP (Amended LRPMP). These revisions include: • A statement in the Amended LRPMP that the proceeds from the sale of property will be distributed to the taxing entities (applies only to properties to be sold, not those retained for governmental use or those retained for future redevelopment). • Change code section referring to the Successor Agency option to sell property from H &SC Section 34191.5(2) to H &SC Section 34191.5 (c)2B • Change code section referring to the Successor Agency option to retain property for governmental purpose from H &SC Section 34191.5 (2) to H &SC Section 34191.8 (a). Additionally, two subsequent parcels located within the City owned Southside Parking Lot, located in Old Town adjacent to the Stampede business and Baily's Restaurant, were deemed to still be owned by the Successor Agency and are required to be identified in the Amended LRPMP. These parcels include APNs: 922 - 073 -019 & 021, and total 7,647 square feet. Based on communications with the DOF, it is the DOF's position that the parcels do not meet the definition of "Governmental Purpose" per H &SC Section 34181(a) and therefore the parcels must be sold in the future and proceeds of the sale are to be distributed to the taxing entities. Further amendments include changing the four (4) Town Square Marketplace parcels from selling the property and distributing the proceeds to the taxing entities, to transferring the parcels to the City of Temecula to be held for future redevelopment. The attached resolution approves the Amended LRPMP as presented by the Successor Agency and directs the staff of the Successor Agency to transmit the resolution to DOF together with written notice and information regarding the action taken by the resolution. Approval of the Amended LRPMP is not a project for purposes of the California Environmental Quality Act (Pub. Res. Code Section 21000 et seq.) and the CEQA Guidelines (14 Cal Code Regs 15000 et seq.) because it is an organizational or administrative activity of government that will not result in direct or indirect physical changes in the environment (CEQA Guidelines Section 15378(b)(5)). Further, it can be seen with certainty that there is no possibility that approval of the Amended LRPMP may have a significant effect on the environment, and thus the action is exempt from CEQA (CEQA Guidelines Section 15061(b)(3)). FISCAL IMPACT: The Amended LRPMP calls for the disposition of property previously owned by the dissolved Temecula Redevelopment Agency. Upon disposition of said property, in accordance with the Amended LRPMP, the proceeds of a real property disposition may be required to be disbursed to appropriate taxing entities, or, may be utilized to cover any shortfall in the property tax trust fund. Any real property disposition proceeds would be disbursed to the Successor Agency in order to cover costs associated with enforceable obligations on the approved Recognized Obligation Payment Schedule (ROPS) ATTACHMENTS: 1. Resolution No. OB SARDA 14 -02 2. Exhibit A — Amended Long Range Property Management Plan RESOLUTION NO. OB SARDA 14 -02 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY APPROVING THE AMENDED LONG -RANGE PROPERTY MANAGEMENT PLAN PREPARED BY THE SUCCESSOR AGENCY PURSUANT TO HEALTH AND SAFETY CODE SECTION 34191.5, DETERMINING THAT APPROVAL OF THE LONG -RANGE PROPERTY MANAGEMENT PLAN IS EXEMPT FROM THE CALIFORNIA ENVIRONMENTAL QUALITY ACT, AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH Section 1. Recitals A. 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 CalAth 231(2011)), on February 1, 2012, all assets, properties, contracts, leases, books and records, buildings, and equipment of the former Temecula Redevelopment Agency (the "Agency ") transferred to the control of the Successor Agency to the Agency (the "Successor Agency ") by operation of law. B. Pursuant to Health and Safety Code Section 34191.5(b), the Successor Agency must prepare a long -range property management plan which addresses the disposition and use of the real properties and interests in real property of the former Agency, and which must be submitted to the Oversight Board of the Successor Agency (the "Oversight Board ") and the Department of Finance (the "DOF ") for approval no later than six months following the issuance by DOF to the Successor Agency of a finding of completion pursuant to Health and Safety Code Section 34179.7. C. Pursuant to Health and Safety Code Section 34179.7, DOF issued a finding of completion to the Successor Agency on April 26, 2013. D. On September 25, 2013 the Successor Agency prepared and submitted to the Oversight Board the long -range property management plan (the "LRPMP "). The LRPMP addressed the disposition and use of the real properties and interests in real property of the former Agency and includes the information required pursuant to Health and Safety Code Section 34191.5(c). E. The Oversight Board adopted OB SARDA Resolution No. 13 -05 on September 25, 2013 approving the LRPMP and directed the Successor Agency to transmit the LRPMP to the DOF, County Auditor - Controller and the County Administrative Officer per Health and Safety Code Section 34181 Q) F. The Successor Agency has prepared and submitted to the Oversight Board the amended long -range property management plan attached hereto as Exhibit A (the " Amended LRPMP "), which Amended LRPMP addresses the disposition and use of the real properties and interests in real property of the former Agency and includes the information required pursuant to Health and Safety Code Section 34191.5(c). G. Pursuant to Health and Safety Code Section 341800), at the same time the Successor Agency submitted the Amended LRPMP to the Oversight Board, the Successor Agency submitted the Amended LRPMP to the County Administrative Officer, the County Auditor - Controller, and DOF. H. Pursuant to Health and Safety Code Section 34181(f), the public was provided with at least ten days' notice of the date of the meeting at which the Oversight Board proposes to consider approval of the Amended LRPMP. NOW, THEREFORE, THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY HEREBY FINDS, DETERMINES, RESOLVES, AND ORDERS AS FOLLOWS: Section 1. The above recitals are true and correct and are a substantive part of this Resolution. Section 2. This Resolution is adopted pursuant to Health and Safety Code Section 34191.5. Section 3. The Oversight Board hereby approves the Amended LRPMP as presented by the Successor Agency and attached hereto as Exhibit A. Section 4. The staff of the Successor Agency is hereby directed to transmit to DOF this Resolution together with written notice and information regarding the action taken by this Resolution. Such notice to DOF shall be provided by electronic means and in a manner of DOF's choosing. Section 5. The staff and the Board of the Successor Agency are hereby authorized and directed, jointly and severally, to do any and all things which they may deem necessary or advisable to effectuate this Resolution and any such actions previously taken are hereby ratified. Section 6. This Resolution has been reviewed with respect to the applicability of the California Environmental Quality Act (Public Resources Code Section 21000 et seq.) ( "CEQA "). Pursuant to the State CEQA Guidelines (14 Cal Code Regs 15000 et seq.)(the "Guidelines "), the Oversight Board has determined that the approval of the Amended LRPMP is not a project pursuant to CEQA and is exempt therefrom because it is an organizational or administrative activity of government that will not result in direct or indirect physical changes in the environment (Guidelines Section 15378(b)(5)). Further, it can be seen with certainty that there is no possibility that approval of the Amended LRPMP may have a significant effect on the environment, and thus the action is exempt from CEQA (Guidelines Section 15061(b)(3)). Staff of the Successor Agency is hereby directed to prepare and post a notice of exemption pursuant to Guidelines Section 15062. PASSED, APPROVED, AND ADOPTED by the Board of Directors of the Oversight Board of the Successor Agency to the Temecula Redevelopment Agency this 26th day of February, 2014. John Meyer, Chairperson ATTEST: Gwyn R. Flores, CMC Acting City Clerk/Board Secretary STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF TEMECULA ) I, Gwyn R. Flores, CMC, Acting Board Secretary of the Successor, Agency to the Temecula Redevelopment Agency, do hereby certify that the foregoing Resolution No. OB SARDA 14 -02 was duly and regularly adopted by the Board Members of the Oversight Board of the Successor Agency to the Temecula Redevelopment Agency of the City of Temecula at a meeting thereof held on the 26th day of February, 2014 by the following vote: AYES: BOARD MEMBERS: NOES: BOARD MEMBERS: ABSENT: BOARD MEMBERS: ABSTAIN: BOARD MEMBERS: Gwyn R. Flores, CMC Acting City Clerk /Board Secretary EXHIBIT A Amended Long -Range Property Management Plan Successor Agency to the Temecula Redevelopment Agency Long Range Property Management Plan Approved by the Oversight Board of the Successor Agency to the Temecula Redevelopment Agency February_, 2014 SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY LONG RANGE PROPERTY MANAGEMENT PLAN INTRODUCTION On June 27, 2012, Governor Brown signed into law Assembly Bill 1484 (AB 1484), a budget trailer bill that made substantial changes to the redevelopment agency dissolution process implemented by Assembly Bill 1X 26. One of the key components of AB 1484 is the requirement that all successor agencies develop a Long Range Property Management Plan that governs the disposition and use of the former non - housing redevelopment agency properties. This document is the Long Range Property Management Plan (LRPMP) for the Successor Agency of the former Temecula Redevelopment Agency. EXECUTIVE SUMMARY The former Redevelopment Agency acquired properties in an effort to revitalize blighted portions of the City. There are seven (7) properties or parcels owned and controlled by the Successor Agency. All Successor Agency owned properties are within the Old Town District. Town Square Marketplace The former Redevelopment Agency acquired property on the north and south sides of Main Street within the Old Town District for the construction of the Town Square Park and Town Square Marketplace. The Town Square Park was completed in 2009 at which time the park property was deeded to the City of Temecula. The Agency retained ownership of the Town Square Marketplace properties and three (3) of the sites are currently vacant with fourth parcel partially vacant with the remainder being a small free public parking lot. The Successor Agency intends to transfer these properties to the City of Temecula for the purpose of future development. The four (4) parcels that make up the site include: Address APN Lot Size n/a 922- 360 -004 10,890 sq. ft. n/a 922 - 360 -005 10,890 sq. ft. n/a 922- 360 -006 10,019 sq. ft. n/a 922- 360 -007 10,019 sq. ft. Children's Museum The former Redevelopment Agency acquired one (1) parcel in 2000 and renovated a blighted structure to be adaptively reused as the public Children's Museum, which is owned and run by the City of Temecula. The Children's Museum is a highly successful award winning public facility that serves a vital need within the community. The Successor Agency intends to retain this property for governmental purposes per Section 34191.5 (c). This site includes the following parcel: Address APN Lot Size 42081 Main Street 922- 036 -028 19,167 sq. ft. Southside Parking Lot The Southside Parking Lot sites were purchased from Eastern Municipal Water District (EMWD) for inclusion in a City of Temecula owned free public parking lot. The site continues to be a part of the free public parking lot. Address APN Lot Size n/a 922 - 073 -019 5,245 sq. ft. n/a 922- 073 -021 2,402 sq. ft. Remainder of Report and Contact Information The remainder of this report provides detailed information on each property owned by the Successor Agency as required by Health and Safety Code Section 34191.5. Any questions or information requests related to this report should be directed to: Successor Agency to the Temecula Redevelopment Agency Community Development Department Attention: Luke Watson, Senior Planner Luke.Watson @cityoftemecula.org (951) 694 -6415 Town Square Marketplace Address APN Acquisition Date Value at Lot Size** Purchase* n/a 922 - 360 -004 01/05/2004 $550,000 * 10,890 sq. ft. ** n/a 922 - 360 -005 06/010/1995 $259,725* 10,890 sq. ft. ** &12/30/1999 n/a 922 - 360 -006 09/25/2005 & $1,275,000* 10,019 sq. ft. ** 10/25/2005 n/a 922 - 360 -007 01/05/2004 & $920,000* 10,019 sq. ft. ** 08/19/2005 *Value at Purchase included portion of the parcels that have since been dedicated to the City as right of way for the new configuration of Main Street 'Lot Size corresponds to the current size of the four consolidated lots after right of way was dedicated to the City for the new configuration of Main Street Introduction The Town Square Marketplace site was purchased as multiple parcels. The former Redevelopment Agency consolidated those parcels into the four (4) parcels described herein. The four (4) parcels are considered as one development site because of the unique nature and location of the site, which flank the Town Square Park. All descriptions that follow refer to the "site" as inclusive of the four (4) parcels. Purpose of Acquisition The purpose of the acquisition was to remove blighted structures and then complete construction of the Town Square Park and the development of the mixed -use Town Square Marketplace. Current Zoning Old Town SP — Downtown Core. Property Type Vacant lots & small free public parking lot. Estimate of Current Property Value $1,881,810 — $4,014,528. This figure represents an estimate of $45 - $96 per square (41,818 SF) foot for all four (4) parcels. The price per square foot range in based on comparable properties within the Old Town District that are currently for sale. Proposed Sale Value While there is no proposed sale value, the estimated sale price would be closer to the $45 per square foot range, or a total of $1,881,810. This estimate is based on local market knowledge and the fact that a number of comparable vacant parcels in the Old Town area used to gauge the price per square foot range have superior locations with street frontage along the major roadway in the Old Town area. The comparable properties with superior street frontage are the properties with asking prices at the top end of the price per square foot range. Proposed Sale Date Over the next 24 months The City of Temecula anticipates beginning the recruitment of a development partner for the future redevelopment of the site. Estimate of any lease, rental, or any other revenues generated by the property, and a description of the contractual requirements for the disposition of those funds Three (3) parcels are vacant. One parcel has a small free public parking lot on it, taking up a portion of the parcel. The site produces no revenue. Contractual Requirements for Use of Income /Revenue There are no contractual requirements currently in place. History of environmental contamination, including designation as a Brownfield site, any related environmental studies, and history of any remediation efforts The site is located within the Old Town Specific Plan area which is covered by a program Environmental Impact Report completed in 2010. Additionally, the parking lot parcel underwent a phase I & limited phase II environmental site assessment of the soils. Both the phase I and phase II site assessments found no contamination on the site. Description of Properties Potential for Transit- Oriented Development The site is located in the Old Town District which is within the Old Town Specific Plan (OTSP) area. The Old Town District is an urban downtown with a mix of commercial, retail, civic, and residential uses organized on a traditional street grid pattern that prioritizes the pedestrian. The OTSP requires the development of mixed -use projects that will continue to urbanize the district. The site is located near Riverside Transit Agency bus stops, a Greyhound bus stop, and the local City run Old Town Trolley stops. In addition, the site will be a short distance from the future Transit Center to be located just north of the Old Town District. The overall potential for this site to develop as transit - oriented are inherent as transit infrastructure already surrounds the site. Description of the Planning Objectives of the Successor Agency The development of the site would advance the planning objectives of the City of Temecula the former Redevelopment Agency and the Successor Agency. The goal of the Old Town Specific Plan, General Plan and Redevelopment Plan is to promote the Old Town District as a mixed -use urban downtown. The zoning for the subject properties is Old Town Specific Plan — Downtown Core, which has always anticipated and planned for the site to be developed as a mixed -use urban development. Brief History of Development Proposals and Activity, Including Lease of the Property The site was placed on the market in early 2008 through and request for proposals (RFP) process in which the former Redevelopment Agency was seeking a qualified development partner to purchase the site and enter into a development agreement for the ultimate development of the property. Due to the financial crisis, the selected development partner could not execute a transaction and the project was put on hold. The intent of the former Agency, and now the intent of the Successor Agency and City of Temecula, is to wait until the economy improves enough to place the site back on the market through the same RFP process. Identify the use or disposition of the property, which could include 1) the retention of the property for Governmental use, 2) the retention of the property for future development, 3) the sale of the property, or 4) the use of the property to fulfill an enforcement obligation The Successor Agency intends to transfer the properties to the City of Temecula. The City will retain the properties for future development per H &SC 34180(f). The Agency will work to enter into a compensation agreement with the taxing entities. Children's Museum Address APN Acquisition Date Value at Purchase Lot Size 42081 Main St. 922 - 036 -028 8/25/2000 $800,000 19,167 sq. ft. Temecula, CA 92590 Introduction The Children's Museum site was purchased as part of the Temecula Community Theatre development undertaken by the Redevelopment Agency and the City of Temecula. The former Redevelopment Agency purchased the Children's Museum site along will a number of other parcels for the Temecula Community Theatre, Temecula Mercantile Art Gallery and venue space and the Children's Museum. The site was always intended to be a City owned and run Children's Museum and it currently operates in that capacity. The site, in conjunction with Temecula Community Theatre and the Mercantile, is part of a larger cluster of City owned and run Civic developments and uses located within the Old Town District. The Children's Museum is an award winning facility garnering national recognition. The facility has become an institution within the community hosting thousands of children from the City of Temecula and the region. Purpose of Acquisition The purpose of acquisition was to renovate a blighted structure to be owned and operated by the City of Temecula as the Children's Museum. Current Zoning Old Town SP — Civic Property Type Developed parcel. Children's Museum - Civic use. Estimate of Current Property Value $800,000. This figure represents the cost of the site at the time the former Redevelopment Agency purchased the property. Proposed Sale Value There is no proposed sale value Proposed Sale Date No sale date proposed. Estimate of any lease, rental, or any other revenues generated by the property, and a description of the contractual requirements for the disposition of those funds The site is owned by the Successor Agency. The Children's Museum on the site is owned by the City of Temecula. The City takes in a small amount of admissions fees for the operation of the Children's Museum. Contractual Requirements for Use of Income /Revenue There are no contractual requirements currently in place. History of environmental contamination, including designation as a Brownfield site, any related environmental studies, and history of any remediation efforts The site is located within the Old Town Specific Plan area which is covered by a program Environmental Impact Report completed in 2010. Description of Properties Potential for Transit- Oriented Development The site does not present an opportunity for transit - oriented development due to the fact that it currently operates as a local civic institution and will remain in that capacity in perpetuity. 10 Description of the Planning Objectives of the Successor Agency The development of the site would advance the planning objectives of the City of Temecula the former Redevelopment Agency and the Successor Agency. The goal of the Old Town Specific Plan, General Plan and Redevelopment Plan is to promote the Old Town District as a mixed -use urban downtown with a mix of residential, commercial, employments and civic uses. The zoning for the site is Old Town Specific Plan — Civic which has always anticipated and planned for the site to be developed as a City owned and operated public facility. Brief History of Development Proposals and Activity, Including Lease of the Property There has only been one proposal and that was for the development of a Children's Museum. Identify the use or disposition of the property, which could include 1) the retention of the property for Governmental use, 2) the retention of the property for future development, 3) the sale of the property, or 4) the use of the property to fulfill an enforcement obligation The Successor Agency intends to retain the property for Governmental use per H &SC 34181(a) and transfer the property to the City of Temecula. 11 Southside Parking Lot ,e Y 4 922 - 073 -021 12 y y 4`P Aaw 0 4 x s Flaw s� ? N 4 Address APN Acquisition Date, Value at_ - Purchase* Lot Size** n/a 922- 073 -019 06/17/2005 $117,300 * 5,245 s . ft. n/a 922 - 073 -021 06/17/2005 $52,700" 2,402 s . ft. *Total value at purchase was $170,000 for the two parcels. The value is broken down based on the square footage of each parcel. Introduction The parcels are located in a public parking lot. The parcels were purchased from Eastern Municipal Water District for the purpose of developing a free public parking lot. Purpose of Acquisition The parcels were purchased from Eastern Municipal Water District for the purpose of developing a free public parking lot. The site was intended to be a free public parking lot indefinitely. Current Zoning Old Town SP — Downtown Core. Property Type The parcels represent 20 parking spaces within a 220 space free public parking lot. Estimate of Current Property Value $344,115 - $734,112. This figure represents an estimate of $45 - $96 per square (7,647 SF for both parcels. The price per square foot range in based on comparable properties within the Old Town District that are currently for sale. Proposed Sale Value $344 -115 - $734,112 Proposed Sale Date No date proposed. Estimate of any lease, rental, or any other revenues generated by the property, and a description of the contractual requirements for the disposition of those funds The site is a free public parking lot. The site produces no revenue. Contractual Requirements for Use of Income /Revenue There are no contractual requirements currently in place. 13 History of environmental contamination, including designation as a Brownfield site, any related environmental studies, and history of any remediation efforts The site is located within the Old Town Specific Plan area which is covered by a program Environmental Impact Report completed in 2010. Additionally the parcels underwent a phase I site assessments which found no contamination on the site. Description of Properties Potential for Transit - Oriented Development The site does not present an opportunity for transit - oriented development due to the fact that it currently operates as a highly utilized free public parking lot. Description of the Planning Objectives of the Successor Agency The current development of the site is advancing the planning objectives of the City of Temecula the former Redevelopment Agency and the Successor Agency. The goal of the Old Town Specific Plan, General Plan and Redevelopment Plan is to promote the Old Town District as a mixed -use urban downtown. The zoning for the subject properties is Old Town Specific Plan — Downtown Core, which has always anticipated and planned for the site to be developed as a public parking lot Brief History of Development Proposals and Activity, Including Lease of the Property There have been no development proposals on the site. The only activity has been the development and use of the free public parking lot. Identify the use or disposition of the property, which could include 1) the retention of the property for Governmental use, 2) the retention of the property for future development, 3) the sale of the property, or 4) the use of the property to fulfill an enforcement obligation The Successor` Agency intends sell the property per H &SC 34191(c)2B and remit the proceeds to the taxing entities. 14 PUBLIC NOTICE PROPOSED APPROVAL OF THE AMENDED LONG -RANGE PROPERTY MANAGEMENT PLAN PREPARED BY THE SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34191.5 NOTICE IS HEREBY GIVEN that on February 26, 2014, at 6:30 p.m., or as soon thereafter as possible, at 41000 Main Street, Temecula, CA 92590 the Oversight Board of the Successor Agency to the Temecula Redevelopment Agency will hold a public meeting to consider the adoption of the resolution set forth below. The proposed resolution (i) approves the Amended Long -Range Property Management Plan (LRPMP) prepared by the Successor Agency to the Temecula Redevelopment Agency pursuant to Health and Safety Code Section 34191.5, (ii) finds that the approval of the LRPMP is not a project pursuant to the California Environmental Quality Act, and (iii) directs the transmittal of the resolution and the LRPMP to the California Department of Finance. All interested persons are invited to appear at the time and place specified above to give testimony regarding the proposed resolution and the LRPMP. Further information may be obtained by contacting Luke Watson at 41000 Main Street, Temecula, CA 92590, (951)- 694 -6415, or by e -mail at Luke.Watson @cityoftemecula.org Date Gwyn R. Flores, WC Acting Secretary