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Home My WebLink About195 RDA_CCv0001.pdf RESOLUTION NO. 195 RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS ADOPTING A STATEMENT OF EXISTING OBLIGATIONS OR PROGRAMS OR BOTH IN CONNECTION WITH THE IMPLEMENTATION OF THE REDLANDS DOWN- TOWN REDEVELOPMENT PROJECT WHEREAS, the Redevelopment Plan ("Redevelopment Plan") for the Redlands Downtown Redevelopment Project ("Project") in the City of Redlands was approved by the Redevelopment Agency and the City Council of the City of Redlands on September 26, 1972 and amended on February 17, 1976; and WHEREAS, Section 33334.6(c) of the California Community Redevelopment Law (Health and Safety Code, Section 33000 et seq.) provides that unless the Redevelopment Agency by resolution make one of the findings described in paragraphs (1) to (3), inclusive, of subdivision (a) of Section 33334.2, not less than 20 percent of the Project tax increment revenues allocated to the Agency pursuant to Section 33670 for the 1985-86 fiscal year and each succeeding fiscal year shall be deposited into a Low and Moderate Income Housing Fund for the Project established pursuant to Section 33334.3 to be used for the purposes set forth in Section 33334.2, except that: A) In any fiscal year, the Agency may deposit less than 20 percent of such Project tax increment revenues into the Project Low and Moderate Income Housing Fund if the Agency finds that the difference between the amount deposited, or to be deposited, and the amount required to be deposited (20 percent of Project tax increment revenues) is necessary to make payments of amounts due or required to be committed, set aside, or reserved by the Agency during the fiscal year under existing obligations incurred by the Agency to finance or refinance, in whole or in part, the Project ("Existing Obligations") which Existing Obligations are contained in a statement of Existing Obligations adopted by resolution of the Agency prior to September 1, 1986; and B) In each fiscal year prior to July 1, 1996, the Agency may deposit less than the amount required to be deposited (20 percent of Project tax increment revenues, less payments of amounts due or required to be committed, set aside, or reserved during the fiscal year under Existing Obligations) into the Low and Moderate Income Housing Fund if the Agency finds that the deposit of such less amount is necessary in order to provide for the orderly and timely completion of public and private projects, programs, or activities approved by the Agency prior to January 1, 1986 and which are contained in a Statement of Existing Programs adopted by resolution of the Agency prior to September 1, 1986; and ATTACHMENT 1 STATEMENT OF EXISTING OBLIGATIONS INCURRED BY THE REDLANDS DOWNTOWN REDEVELOPMENT PROJECT PRIOR TO JANUARY 1, 1986 TOTAL DATE AMOUNT OF ANNUAL DISCHARGED OBLIGATI.O.N, PAYMENTS IN FULL 1985 Tax Allocation and Refunding Bonds $41,988,857 1,400,000 July, 2015 Parking Bonds Series A 2,973,750 .+.-.225,000 May, 1999 Parking Bonds Series B 5,511,070 +355,000 August, 2000 Payable to City 170,000 +40,000 April, 1989 Redlands Federal Savings & Loan 109,918 +11,200 December, 1997 Hillsen Trust 142,240 +30,000 February, 1990 Redlands Properties DDA 15,000 15,000 May, 1986 Massachusetts Mutual Life Insurance 206,400 103,200 October, 1988 Redlands Plaza Maintenance & Operations N/A +85,000 N/A Mall Maintenance & Operations N/A +100,000 N/A Parking Bond Reimbursement to City 14,445,000 577,800 May, 2000 ATTACHMENT 2 STATEMENT OF EXISTING PROJECTS, PROGRAMS AND ACTIVITIES INCURRED BY THE REDLANDS DOWNTOWN REDEVELOPMENT PROJECT PRIOR TO JANUARY 1, 1986 Pursuant to the Agency's Work Program adopted on September 17, 1985, attached as Exhibit 1 hereto and incorporated herein, which projects, programs and activies are as follows: 1) Pacific Savings Bank Community Center - Present Negotiation Agreement may lead to a Disposition and Development Agreement (DDA). 2) Santa Fe Depot Development - Discussion underway that may lead to an Agency Owner Participation Agreement (OPA). 3) Coast Federal Savings and Loan property - Discussions underway leading to OPA. 4) State Street Retail Center - DDA underway. 5) Hotel Development - Prepare development program, solicit development proposals, select developer, negotiate, acquire, relocate and develop. 6) Redlands Mall - Discussions are underway regarding modifications to the Mall. 7) Industrial Park - Relocation of manufacturing uses from the downtown and coordination with the RLEDC for development of industrial park(s) to meet relocation and industrial growth and development needs. 8) Phase I Public Improvements - Orange, Redlands Blvd. to Citrus and State Street, Orange to Redlands Blvd. 9) Shoppers Lane - The first segment anticipated would be Third to Orange, design and construction would be in conjunction with either Santa Fe Depot or Coast Federal development. 10) Property Acquisition - Not including two properties currently in escrow (Hillsen and Quintana), fourteen (14) different property ownerships are being discussed and examined for possible Agency acquisition. These range from the Southern Pacific Right of Way to Rettig Machine Shop properties. 11) Office developoment "V - Discussions are underway with a developer that may lead to an OPA. 12) Retail/office development "Y" - Discussions are underway with a developer that may lead to a DDA. 13) Downtown Parking - Various parking related projects exist, ranging from the resurfacing and landscaping of Fifth and Redlands Blvd. to long range plans for decking existing facilities and developing new. 14) Retail Development Site - Santa Fe tracks on North, Seventh Street on East, Redlands Blvd. on South and alley at Orange Street on West - Prepare development program, solicit proposals, select developer, negotiate, acquire, relocate and develop. 15) Industrial Park - Relocation of manufacturing uses from the downtown and coordination with the RLEDC for development of industrial park(s) to meet relocation and industrial growth and development needs. 16) Phase II Public Improvements - Orange, Redlands Blvd. to Pearl. 17) Pearl Street Improvements - Widening of Pearl Street to improve this entrance into downtown, design and construction to be coordinated with Cal Trans. 18) Casa Loma - Option Agreement may lead to a DDA. 19) Disposition of balance of Casa Loma site. 20) 348 Orange Street - Select developer and prepare DDA. 21) Mission Zanja - Corps of Engineers project is in progress. 22) Southern Pacific Billboard relocation. 23) Multifamily Housing - Develop program, select developer, negotiate, acquire, relocate and develop. 24) Industrial Park - Relocation of manufacturing uses from the downtown and coordination with the RLEDC for development of industrial park(s) to meet relocation and industrial growth and development needs. 25) Civic and Cultural Center - The Redevelopment Advisory Commission has initiated a study session on the need for a civic and cultural center. Pursuant to the Agency's budget resolution adopted October 16, 1984, attached as Exhibit 2 hereto and incorporated herein, which projects, programs and activities are as follows* 1) Supply support services for Town Center Manager. 2) Disposition of Senior Housing property. 3) Construction of Reservoir Canyon Drain. 4) Completion of Redlands Depot development. 5) Public information and program awareness. Pursuant to documents attached as Exhibits 3, 4 and 5 hereto and incorporated herein, which projects, programs and activities are as follows. 1) The Commercial Facade Improvement Program as approved on June 19, 1984 and as extended (until September 30, 1986) on September 17, 1984. (Attachment 3) 2) The program for implementation priorities specified in the document entitled "Agency Development Criteria and Policy," approved October 15, 1985. (Attachment 4) 3) The program entitled the "Central Redlands Revitalization Program Public Improvements Component," approved November 20, 1984. (Attachment 5) WHEREAS, the Agency approved or reapproved existing projects, programs, and activities by Resolution No. 189 of the Agency adopted on December 17, 1985; and WHEREAS, such existing projects, programs, and activities were described in Exhibit A attached and incorporated to Agency Resolution No. 189. NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS does hereby resolve as follows: Section 1. The Agency hereby adopts Statement of Existing Obligations for the Redlands Downtown Redevelopment Project attached hereto and marked "Attachment I" and Statement of Existing Programs for the Redlands Downtown Redevelopment Project attached hereto and marked "Attachment 2" as the statements required by Section 33334.6(c) of the California Community Redevelopment Law for those obligations incurred prior to January 1, 1986. PASSED, "PROVED AND ADOPTED THIS 26th DAY OF Auq. 1986. APPROVED: Zee .................. CHAIRMAN ATTEST: I,, Lorrie Poyzer, Secretary of the Redevelopment Agency of the City of Redlands, hereby certify that the foregoing resolution was adopted by the Board of Directors of the Redevelopment Agency of the City of Redlands at a special meeting thereof held on the 26th day of August, 1986r by the following vote: AYES: Members Larsen, DeMirjyn, Johnson, Wormser; Chairman Beswick NOES: None ABSENT: None 71 A z err 4�e'Nry 0 rri ' —q t Age Lorrie oyzerr S Redev opment Age of the City of Redlands, California