HomeMy WebLinkAbout14-02 OB SARDA ResolutionRESOLUTION 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 341810)
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.
ATTEST:
� � � -- C) (Y,- � ",
Gwyn R. Ronk 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: 5 BOARD MEMBERS
NOES: 0 BOARD MEMBERS:
ABSENT: 2 BOARD MEMBERS
ABSTAIN: 0 BOARD MEMBERS:
Meyer, Gonzalez, Turner, Ordway -Peck,
Kelliher
Sparkman, Thornhill
)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 26, 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 Resort 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
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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.
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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.
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Southside Parking Lot
q.
922-073-021
422 9 019
922-073-019
12
1.
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