HomeMy WebLinkAbout05/25/82 MINUTES RAMINUTES
BAKERSFIELD REDEVELOPMENT AGENCY
Regular Meeting --- MaS 25, 1982
The Regular Meeting of the Bakersfield Redevelopment Agency was called
to order by Chairman Lewis on Tuesday, May 25, 1982, at 4 p.m. in the City
Council Chambers. The Secretary called the roll as follows:
MEMBERS PRESENT:
Chairman Lewis
Vice-Chairman Mooneyham
Judy Clausen
Rollie Moore
Gene Winer
Randal Richardson (4:05)
MEMBERS ABSENT:
Richard Bilas
STAFF PRESENT:
Philip Kelmar, Executive Director
Richard Russell, Deputy Executive Director
W. D. Higginbotham, Jr., Treasurer
Richard Oberholzer, City Attorney
David Kennon, Economic Development Coordinator
MINUTES
Ms. Clausen made a motion to approve the April 27, 1982 minutes as
mailed. Motion was carried.
AGENCY APPOINTMENTS TO COMMITTEES
Chairman Lewis appointed Randal Richardson to serve on the Parking
Committee and the Voucher Committee.
REPORTS
Multi-Model Transit Facility
Staff gave an oral report concerning the multi-model transit facility
proposed for 22nd Street. Staff stated that upon review of this proposed
project, the Council Budget Review and Finance Committee had questioned the
proper location of a commercial/office/transit facility. Staff further
stated that before a final determination could be made by the Budget Review
and Finance Committee as to the proper location, a thorough study and analy-
sis must occur. Staff recommended the Agency support the concept of a multi-
model transit facility and adopt a resolution directing staff to continue
with its planning efforts. It was indicated by staff that this study effort
would take approximately 60 days.
MR. RICHARDSON ARRIVED 4:05
Mr. Dick Foster of Karpe Realty was present and stated he previously
asked for a 90-day exclusive right to negotiate, and in lieu of the 90-day
exclusive right, that he would like first consideration on his project, at
such time as the study is completed.
Mr. Winer made a motion to accept the resolution indicating its support
for the planning and development of a multi-model transit terminal for the
City of Bakersfield. Ms. Clausen seconded the motion, which was carried by
the following roll call vote:
AYES:
NOES:
ABSENT:
Clausen, Lewis, Mooneyham, Moore, Richardson, Winer
None
Bilas
Land Banking
Mr. Kelmar stated that Redevelopment often uses eminent domain to accomplish
development of projects. However, another option is available to the Agency,
which is land banking. This involves acquiring land as it becomes available
in certain areas of the downtown, with the intent to assemble enough land to
make a given development feasible. The Agency could then offer the land for
development and accept proposals from developers. Mr. Kelmar stated that it
would be necessary for the Council to establish guidelines as to when proper-
ties should be acquired. These proposed guidelines are: 1) acquire properties
within blocks that have a reasonable probability of being assembled as a
development site; 2) parcels should consist of at least one-third of a block;
3) acquire sites that have a high degree of near term marketability; 4) acqui-
sition of the site would assist in the implementation of the downtown plan;
and 5) acquisition of properties which minimize Agency's acquisition expense
through the availability of favorable purchase terms.
Mr. Moore made a motion to adopt the proposed land banking guidelines.
Mr. Winer seconded the motion, which followed with a roll call vote:
AYES:
NOES:
ABSENT:
Clausen, Lewis, Mooneyham, Moore, Richardson, Winer
None
Bilas
Mr. Kelmar further stated that the Agency has had its first offer to
use the land banking concept, and that it is three lots located between
18th and 19th and "K" and "L" Streets. The three lots have been offered to
the Redevelopment Agency by American National Bank supporting acquisition.
He explained that an appraisal has been prepared by an appraiser for American
National Bank, which is being reviewed by the City Attorney's Office, and that
a plan would be submitted to the Agency containing the financing package and
how the property would be used and how it would fit into the plan.
Ms. Clausen questioned where the money would come from to purchase land
banking property.
Mr. Kelmar said that in terms of this particular property, it would be
a matter of working out the terms of the purchase to buy it over a number of
years or payments could be spread out. If the Agency were to lease the
property of a substantial amount of rental, then the City could use that
money towards the acquisition, but basically, the funds for land banking
would come from Agency tax increments.
Mr. Moore made a motion that the Agency have staff enter negotiations
with American National Bank and that staff bring back a recommendation to
the Agency at the June 22 meeting. Mr. Mooneyham seconded the motion, which
was carried by the following vote:
AYES:
NOES:
ABSENT:
Clausen, Lewis, Mooneyham, Moore, Richardson, Winer
None
Bilas
Housing ?rogram
Mr. Kennon gave a presentation and staff report regarding the Housing
Programs and Implementation Strategy, Report Number 21, for the downtown,
and explained ten programs that are oriented to meet the local problems and
needs of the downtown and assist developers of moderate and middle income
housing. Mr. Kennon outlined these proposed programs, which are: 1) The
Lessee Loan Program; 2) The Maintenance Assistance Program; 3) The Multi-
family Housing Bond Program; 4) The Acquisition Assistance for Middle Income
Programs; 5) The Technical Assistance Program; 6) The Public Improvements
Assistance Program; 7) The Lower Income Rental Assistance Program (Section 8);
9) The Preservation Tax Incentives Program; and 10) The Home Ownership Co-
Investment or Equity Sharing Program. He further explained that if these
programs are adopted as an implementation strategy, the City will be able to
realize its goal of maintaining and increasing housing to better the liva-
bility of the downtown.
Mr. Richardson asked whether this program is to be implemented strictly
within the Redevelopment Area.
Mr. Kennon replied that in the areas of housing, the Agency can go
outside the area of the Redevelopment Agency boundaries in order to imple-
ment its housing program. In fact, they are directed by law to do so in
some instances.
VOUCHER APPROVAL
Mr. Mooneyham made a motion to approve voucher numbers 220 through 246
totaling $198,768.79 and the motion was approved for payment.
PROJECTS
Hotel Project
An oral report was submitted from staff regarding the Convention Center
Hotel. Mr. Kennon stated that the Disposition and Development Agreement has
been signed and returned by the developer, and that the developer's letter
of credit has been approved by the Agency and the Council. Mr. Kennon
further stated that the feasibility study is the next major step, and upon
completion of that, the developer must then provide proof of financing.
Anglen-Moreland Project
The developers were not present to report on their proposed high-rise
office building to be located north of the Police Department. Staff indi-
cated that Anglen and Moreland Developers were granted a 90-day exclusive
right to negotiate, and last month they were given a 30-day extension,
which has now expired.
Diatte Project
Mr. John Diatte, President of South Valley Homes, Inc., was present to
deliver a report to the Agency regarding his proposed structure. He stated
that he has been working with staff on the design, and has selected a
builder which is Devcon Developer of San Jose. The proposed project is a
high-rise structure located on 19th and "K" Streets, which would accomodate
housing, commercial office space, and parking.
Mr. Mooneyham questioned the time frame anticipated for this project.
Mr. Diatte stated he hoped to complete the preliminary plans within
the next 45 days.
ADJOURNMENT
There being no further business to come before the Bakersfield
Redevelopment Agency, the meeting was adjourned at 5:02 p.m.
FRANK LEWIS, Chai~r~an
Bakersfield Redevelopment Agency
Roberta Allis~, Secretary
Bakersfield RN~development Agency