HomeMy WebLinkAboutContracts & Agreements_56-2006_CCv0001.pdf CALIFORNIA INFRASTRUCTURE ANAm
D
I BANK ECONOMIC DEVELOPMENT BANK
INFRASTRUCTURE STATE REVOLVING FUND PROGRAM
General Fund Lease
Financing Application
Revised 812005
California Infrastructure and Economic Development Bank (I-Bank)
Infrastructure State Revolving Fund (ISRF) Program
GENERAL FUND LEASE FINANCING APPLICATION
1. Legal Name of Applicant:
City of Redlands
2. Type of Applicant:
® city ❑ Joint Powers Authority
❑ County ❑ Special District
❑ Other Public Agency, specify:
3. Mailing Address of Applicant:
P.O. Box 3005
Redlands, CA 92373
4. Contact Information:
Prima Contact:
Name of Contact: e:
Gre Ga e ital Pro'ects Mana er
Address(if different): :4,;ca
ephone:
909 798-7698
Fax:
909 798-7670
E-mail:
a e�ci ofredlands.or
Alternative Contact:
Name of Contact: Title:
Douglas Headrick Chief of water Resources
Address(if different): Telephone:
909 798-7698
Fax:
909 798-7670
E-mail:
dheadrick�cit ofredlands.or
City of Redlands
Financing Application Number., 16-05-0200 Page 2
5. Consultants and/or Advisors Affiliated with the Project:
(e.g.,financial advisors legal counsel,consulting engineers,appraisers,etc.)
Name: Title:
STB Landscape Architects
Address: Telephone:
15 South Fifth Street 909 798-7490
Redlands, CA 92373 Fax:
909 307-8235
E-mail:
Name: Title:
Address: Telephone:
Fax:
E-mail:
Name: Title:
Address: Telephone:
Fax:
E-mail:
Name: Title:
Address: Telephone:
Fax:
E-mail:
1. Requested Financing Amount: $1,985,000
2. Financing Term Requested: 30 Years
MOMMMMOMMMENWI .
a. "I
1. Name of Project:
Redlands Sports Park
City of Redlands
Financing Application Number. IB-05-0200 Page 3
2. Location/Address of Project:
North side of San Bernardino Avenue
Between Wabash Avenue and Dearborn Avenue
3. Project Category (select all applicable categories):
❑ City Streets ❑ Power and Communications
❑ County Highways ❑ Port Facilities
❑ Defense Conversion ❑ Public Safety Facilities
❑ Drainage, Water Supply & Flood Control ❑ Public Transit
❑ Educational Facilities ❑ Sewage Collection and Treatment
❑ Environmental Mitigation Measures ❑ Solid Waste Collection and Disposal
❑ Military Infrastructure ❑ State Highways
® Parks and Recreational Facilities ❑ Water Treatment and Distribution
4. Detailed description of the Project and why the Project is necessary at this time:
[References can be made to a detailed project description contained in either an environmental report or capital improvement
plan or study.]
The project consists of the development of 12 regulation soccer fields, field lighting and a
269 space parking lot with associated lighting. See the Environmental Impact Report
(Exhibit 4a) and separate project description for additional detail. The project is
necessary to address a shortage of park and recreation facilities within the community.
Planning processes for the project have been underway for over five years, and demand
for the facilities remains high.
5. Project Sources And Uses of Funds Chart:
Attach itemized cost estimates, bids, and/or construction contracts.
[See sample format for the chart. Label and attach as Exhibit 1. Label cost estimates, bid,
and/or construction contracts as Exhibit 1 a, 1 b, 1 c, etc.]
6. Provide evidence of commitment(s) for other Project funding sources, such as resolutions,
commitment letters, grant/financing agreements, etc.
[Label and attach as Exhibit 2—if multiple documents, label 2a, 2b, 2c, etc.].
7. Is land acquisition necessary for the Project?
® No ❑ Yes—If yes, provide a description of the land acquired or to be acquired (who
owns, when purchased or to be purchased, cost, etc.), and list the funding
source for the land:
City of Redlands
Financing Application Number: 18-05-0200 Page 4
8. Will the Applicant use any of its employees to construct or perform work for the Project?
® No ❑ Yes—If yes, explain:
I
9. Project Timeline—include specific Project milestones including, but not limited to, the
preliminary engineering report, all required permits, design, environmental review,
engineering, land/right-of-way acquisition, preparation of bid documents, awarding of
construction contract, construction start date, construction completion date, and date the
project will become operational.
[Label and attach as Exhibit 3.]
10. Provide a listing and status of all permits required to complete the Project, including
environmental, construction and operating permits:
Permit Anticipated
Issuer Status Permit
Cit of Redlands Ruildin PermitCit of Redlands
A roved an,
Opinion Date
Section 7 Consultation/Biological U.S. Fish and Wildlife Service Approved Issued
f
11. CEQA Compliance Information.
Describe each Project component that will require a se arate CEQA review, and complete
the following chart.
The City completed and certified an Environmental Impact Report for the Project (SC
#2001071022) in May, 2003. A complete copy of the EIR is attached. A Notice of
Determination is also attached; this document was filed in May, 2003 in accordance with the
requirements of Public Resources Code 21152.
[Label and attach as Exhibit 4—if multiple documents, label 4a, 4b, 4c, etc.]
City of F?eaiands
Financing Application Number. l8-05-0200 Page 5
Level Of RequiredRecorded Environmental
Project ComponenO Environmental Status Of CEOA Review
Clearance Compliance SubmittedD12) Document}
Submitted
❑ Notice of Exemption
o
Redlands Sports Park— ❑ ❑Not Started/In Progress !
Negative Declaration � g ❑ Yes..
Expected date:
All Phases ❑ Environmental Impact ® Yes
Report(EIR) ❑ No ❑ No
❑ Unknown ®Adopted/Approved
❑ Notice of Exemption !
( ❑ Negative Declaration ❑Not Started/In Progress
❑ Environmental Impact Expected date: ❑ Yes ❑ Yes
Report(EIR) ❑ No ❑ No
❑ Unknown ❑ Adopted/Approved
Notice of Exemption
❑ Negative Declaration ❑Not Started/In Progress
❑ Environmental Impact Expected date: ❑ Yes ❑ Yes
Report(EIR) El No ❑ No
El Unknown
❑ Adopted/Approved
i Notice of Exemption
❑ Negative Declaration ❑Not Started/In Progress
t
Expected dae:
❑ Environmental Impact Exp ❑ Yes 171es
f Report(EIR) I ❑ No ❑ No
1 ❑ Unknown ❑ Adopted/Approved
❑ Notice of Exemption
❑ Negative Declaration 171 Not Started/in Progress
Expected date: ❑ Yes
❑ Environmental Impact " ❑ Yes
Report(EIR) ❑ No ❑ No
❑ Unknown ❑ Adopted/Approved
1. Submit a separate chart if more than four Project components.
2. Provide a date stamped copy of the Notice of Determination filed with the local County Clerk's office.
3. Provide a copy of the environmental review documentation,including any mitigation measures.
12. Tax exempt Financing. The Preliminary Application contained the following question:
Will any entity, other than the Applicant or another state or local governmental entity, use or directly benefit from
any portion of the Project other than as a member of the general public?
(For this purpose,"use"includes owning,leasing,managing,operating,acquiring the output of,obtaining a priority right or
other special arrangement with respect to,or otherwise deriving a direct economic benefit from the Project. Priority rights
or special rates and charges anticipated for a particular user or group of users should also be explained.)
Select the answer that applies and provide the updated information (if applicable):
® The information submitted in the Preliminary Application and the Supplemental Private
Activity Questionnaire (if applicable) remains accurate and has not changed.
❑ The information submitted in the Preliminary Application and the Supplemental Private
Activity Questionnaire (if applicable) for this Project has changed as follows:
See attached agreement with American Youth Soccer organization
13. Business Relocation. The Preliminary Application contained the following question:
Will the proposed Project facilitate the relocation of a private sector business from one area of the State to
another? If yes, explain.
Select the answer that applies and provide the updated information (if applicable):
City of Redlands Page 0
Financing Application Number: !R-05-0200
® The information submitted in the Preliminary Application remains accurate and has not
changed.
❑ The information submitted in the Preliminary Application has changed as follows:
I. Resolutions. Provide a copy of the resolution adopted by the governing body of the
Applicant authorizing the submittal of the application, and, if applicable, the availability and
commitment of Applicant funds to the proposed Project. Provide a copy of an adopted
reimbursement resolution regarding Project preliminary costs, if applicable..
[See sample application and reimbursement resolutions. Label and attach as Exhibit 5. If
multiple resolutions, label as 5a, 5b, 5c, etc.]
2. Describe the composition of the Applicant's governing body, including the number of
positions, term, and selection/appointment process:
The Redlands City Council is comprised of five members elected at large to four year
terms. Three Council members were seated following the November, 2005 election. The
other two Council members will be subject to election in 2007. The Mayor is elected
during the annual December reorganization meeting by the members of the City Council
3. Describe any pending or anticipated litigation and/or contractual disputes that may
negatively impact the financing repayment source, or the ability of the Applicant to enter into
or repay the I-Bank financing:
None
4. Describe any past, present, or potential issues or controversies (including litigation) that are
associated with the Project:
None
5. Describe any past, present, or potential issues or controversies (including litigation) that are
associated with the asset(s) to the lease (if different than the Project):
None
City of Redlands
Financing Application Number: 16-05-0200 Wage 7
1. Job Creation/Retention.
A. List and describe the businesses or industries that will create full-time equivalent jobs
within three (3) years of Project completion. If the Project will retain existing full-time
equivalent jobs, provide the names of businesses that will retain jobs, and describe why
these jobs would be lost if the Project is not completed. Provide addresses and a site
map showing the Project and the location of the identified businesses.
[Label and attach as Exhibit 6.1
B. Provide written confirmation from the business entity(ies) that will create/retain the above
described jobs including the number of jobs, classification of jobs, and whether each job
is to be created or retained.
[Label and attach as 6a, 6b, 6c, etc.]
AND/OR
Provide a feasibility study indicating the probable full-time equivalent jobs to be created
within three (3) years of Project completion as a result of the proposed Project.
[Label and attach as Exhibit 7.]
2. If any of the businesses or industries listed above are "Economic Base Employers," describe
how each business meets the definition of an "Economic Base Employer." Also include the
number of full-time equivalent jobs to be created or retained by each "Economic Base
Employer."
3. If the Project will create or retain jobs as documented above, provide written documentation
that demonstrates that the Applicant has an established relationship with local employment
and training resources (e.g., One Stop Career Center, Pilot Regional Collaborative under
the Regional Workforce Preparation and Economic Development Act, Workforce Investment
Board, the Employment Development Department) to link local job seekers with employment
opportunities created/retained as a result of the proposed Project.
[Label and attach as Exhibit 8. If multiple documents, label as 8a, 8b, 8c, etc.)
4. Explain how the Project will contribute to an improved quality of life, attractiveness and/or
long-term economic competitiveness for the community.
Fsignificant
Redlands is experiencing a significant shortage of recreational facilities to serve
and to meet demands from population growth. Although the City does not
conomic needs points, the project is located within Census Tract 84.01, which
focus of the City's Community Development Block Grant program. This location
ment the City's revitalization efforts within its northside neighborhoods, and will
icant benefits for the Ci 's residents.
City of Redlands
Financing Application Number. IB-05-0200 Page 8
5. Describe how the Project is part of community revitalization, and economic development
plan or strategy, or other community planning document.
I
[Submit a copy of the plans)—Label and attach as Exhibit 9. If multiple documents, label as
9a, 9b, 9c, etc.]
ee enclosed project plans labeled as Exhibit 9.
6. The I-Bank will utilize unemployment, poverty, median family income or change in
employment information for the City or County in which the Project is located, as
appropriate. If the proposed Project will impact an area smaller than an incorporated City or
the County, provide the following:
A. Identify the area impacted by the Project ("Project Benefit Area"). The specified area
can be a census designated place, census tract(s), census block group(s), or other
defined area.
B. Provide a map showing the Project Benefit Area.
[Label and attach as Exhibit 10.]
C. Explain how the Project impacts or benefits the Project Benefit Area
7. Land Use.
A. Indicate whether the Project is located in:
®Urban Area
❑Rural Area
B. Indicate the land use priority met by the Project:
® First (Renew and maintain existing urban areas, both cities and suburbs (or existing
developed rural areas.)
(Develop vacant and under-utilized land within existing urban or suburban areas
❑ Second (or within existing developed rural areas) and presently served by streets, water,
sewer and other public services. open space, historic buildings, recreational
opportunities and the distinct identities of neighborhoods should be preserved,)
(when urban development is necessary outside existing urban and suburban
areas (or existing developed rural areas), use land that is immediately adjacent.
[j Third Noncontiguous development would be appropriate when needed to accommodate
open space, greenbelts, agricultural preservation or new town community
development.)
City of F?edlands
Financing Application Number: IB-05-0200 Page 9
C. Provide an explanation of how the Project meets the selected land use priority
selected above, including a discussion of the area, the amount and type of
development, existing infrastructure (streets, water, sewer and other public services)
of the Project site and the land immediately surrounding the Project.
he project is located within a developing suburban area South of the City of Redlands
Municipal Airport, with mixed land uses including single family residential development and
gricultural uses for citrus farming surrounding the Project site. Existing streets serving the
Project site are San Bernardino Avenue to the south, Wabash Avenue to the east, and
Dearborn Avenue to the west. The City of Redlands provides water and sewer service to the
ro'ect site throw h existing.infrastructure.
8. Provide an explanation of how the proposed Project will support or promote the protection
and/or improvement of the environment:
The project includes 34 acres of land dedicated as habitat for the San Bernardino
Kangaroo Rat, a federally endangered species. This conservation area is intended to
complement broader habitat conservation through a Habitat Conservation Plan, but is
also large enough to maintain existing populations for the SBKR in the event a full HCP
is not approved by the U.S. Fish and Wildlife Service
9. Leverage.
I-Bank shall utilize the Project Sources and Uses of Funds Chart submitted as Exhibit 1 to
calculate the leverage for the Project.
If the Project described in the Application is part of, or will contribute to, other public and/or
private sector investment not listed in the Sources and Uses of Funds Chart submitted as
Exhibit 1, provide an itemized listing of the additional investment sources and the amount of
funding that can reasonably be considered leveraged by the I-Bank financed Project. Attach
appropriate documentation for each item listed.
[Label and attach as Exhibit 11—if multiple documents, label as 11 a, 11 b, 11 c, etc.]
1. Is the Project to be financed the subject of the lease?
❑ Yes
® No—describe the facility to be leased (address, year built, square footage, type of
construction, etc.):
The leased facility consists of the City's Community Center, which serves both
recreational and community program needs. The building contains 30,350 square
feet and was originally constructed in 1994. The facility is valued at $2,310,822 for
replacement, exclusive of land value
2. Explain what essential services the leased facility provides to the community:
city of Redlands
Financing Application Number., 1B-05-0200 Page 10
The facility is the primary Community Center for the City of Redlands
"! 3. Provide a Preliminary Title Report on the proposed leased facility or facilities.
[Label and attach as Exhibit 12.1
4. Complete a Comprehensive Environmental Survey for each separate proposed leased
facility.
[See survey form provided with this application. Label and attach as Exhibit 13—if multiple
documents, label as 13a, 13b, 13c, etc.]
5. If the leased facility is not the Project to be financed, provide documentation of the current
fair market value of the proposed leased facility or facilities (e.g., an appraisal of the leased
property performed by an independent appraiser, or insurance information to document the
value of the improvements along with land valuation documentation obtained from an
independent professional).
[Label and attach as Exhibit 14.]
1. Provide complete copies of the most recent three (3) fiscal year-end audited financial
statements for the Applicant, including all notes and disclosures.
[Label and attach as Exhibit 15a, 15b, and 15c.]
2. Provide the current year's adopted budget.
[Label and attach as Exhibit 16.]
3. Are there any events that have occurred since the date of the last financial statement that
could materially affect revenues or overall financial condition of the General Fund?
® No
❑ Yes--explain:
City of Redlands
Financing Application Number: 18-05-0200 Page 11
I
1
4. Provide a list of all financing obligations incurred after the date of the most recent financial
statement (debts, notes, or capital leases) with maturities longer than one year and secured
by a pledge of payment from the General Fund. Attach two copies of the financing
document (e.g., official statement along with any underlying loan agreements, lease
agreements, or indentures, etc.).
[Label and attach as Exhibit 17—if multiple documents, label as 17a, 17b, 17c, etc.]
Outstanding Maximum Annual
Name of Debt Date of Balance Debt
Debt (as of 2/06) Service/Lease
Municipal Lease #22689–Radio Equip. Pa ent
, .
$19,861.96
Lease w/O tion to Purchase #05-091-AF 11/1/05 $424,474.00 $70,949.58
Lease w/O tion to Purchase #05-078-AF 10/4/05 $450,326.04 $100,162.92
Lease #3967212 11/2/05 $322,795.81 $112,836.83
5. Provide a description of any off-balance-sheet debt obligations, including capital leases and
other unconditional contractual obligations: None
6. Has the Applicant defaulted on any debt or other obligation including, but not limited to,
bonds, leases of any kind, or loans?
® No
❑ Yes—Specify the date(s) and circumstances:
7. Describe the current capital improvement plan and expected plan for future debt issuance:
See the attached "City of Redlands Measure I Five Year Capital Improvement Program
for FY 2005-2010
8. Does the Applicant have an Interfund Transfer Policy?
® No
❑ Yes—Provide a written copy of the policy.
(Label and attach as Exhibit 18.)
1. Describe the Applicant's administrative and management ability to construct and operate the
Project, including similar or larger projects:
City of Redlands Page 12
Financing Application Numbed IB-05-0200
The City has administered design and construction of park and recreation facilities similar
in scope to the proposed project, in addition managing a 5 million dollar upgrade for a
surface water treatment plant and wastewater treatment plant, including construction of a
$24 million recycled water treatment facility. The City is currently constructing two bridge
replacement projects due to flood damage with a combined construction value of $9
million. Each of these projects is subject to specific fiscal controls and accounting
procedures, including disbursement requests and reporting for grant and/or loan funds
where,applicable.
City of Redlands Page 13
Financing Application Alumber IB-05-0200
t
!acknowledge that:
• All information submitted to the California Infrastructure and Economic Development
Bank is true and correct at the time of submission, and such information does not
contain any untrue or misleading statement of a material fact, or omit to state any
material fact necessary that would make the statements contained herein misleading.
• The information included with this Application is consistent with the Preliminary
Application dated November 15, 2005 in all substantive areas, except as otherwise
noted herein.
• 1 agree to promptly provide the I-Bank any material change to the information
contained herein.
AUTHORIZED NAT RE PRINT NAME AND TITLE DATE
y� Jon Harrison, Mayor 3/21/06
ATTES
Lorre Poyz ity Clerk
Attachments:
Application Checklist
Sample Sources and Uses of Funds Chart
Sample Application Resolution
Sample Reimbursement Resolution
Comprehensive Environmental Survey
City of Redlands
Financing Application Number: IB-05-0200 Rage 14
General Fund Lease
APPLICATION CHECKLIST
INCLUDED_
YES NO APPLICATION CONTENT
❑ ❑ A plication—Signed and Dated
(� ❑ Exhibit 1—Sources and Uses of Funds Chart
Attach itemized cost estimates,bids,and/or construction contracts as Exhibits 1 a, 1 b, 1,c,etc.
❑ Exhibit 2—Documentation of Other Project Funding Sources
❑ Exhibit 3--Project Timeline
❑ Exhibit 4—CEQA Documentation
❑ ❑ Exhibit 5—Adopted Resolutions—Application and Reimbursement
❑ ❑ Exhibit 6--Business Location Maps/Letters from Businesses
❑ ❑ Exhibit 7—Feasibilit Stud ies for Job Creation/Retention
❑ ❑ Exhibit 8—Evidence of Local Employment/Training Resources Utilization
❑ ❑ Exhibit 9—Community Revitalization, Economic Strategy or Other
Community Plans
❑ ❑ Exhibit 1 0—Map of Project Benefit Area
❑ ❑ Exhibit 11—Documentation of Public/Private Leveraged Investment
❑ I ❑ Exhibit 12—Preliminary Title Report
❑ ❑ Exhibit 13—Comprehensive Environmental Survey's
❑ ❑ Exhibit 14—Facility Valuation Documentation
❑ ❑ Exhibit 15--Three 3 Years Audited Financial Statements
❑ ❑ Exhibit 16—Current Year Adopted Bud et
❑ ❑ Exhibit 17—Other Financin Obli ation Documentation
❑ ❑ Exhibit 18—Interfund Transfer Polic /Reimbursement A reement
City of Redlands
Financing Application Number IB-05-0200 Page 15