HomeMy WebLinkAboutRES NO OB003-15RESOLUTION NO. D0Q Q 3 _ 15
A RESOLUTION OF THE OVERSIGHT BOARD TO THE
SUCCESSOR AGENCY OF THE DISSOLVED BAKERSFIELD
REDEVELOPMENT AGENCY APPROVING THE AMENDED
LONG -RANGE PROPERTY MANAGEMENT PLAN PURSUANT
TO HEALTH AND SAFETY CODE SECTION 34191.5.
WHEREAS, pursuant to Health and Safety Code Section 34173(d), the City
of Bakersfield elected to become the Successor Agency to the former
Redevelopment Agency of the City of Bakersfield ( "Successor Agency ") by
Resolution No. 010 -12 on January 11, 2012; and
WHEREAS, pursuant to Health and Safety Code Section 34173(8), the
Successor Agency is now a separate legal entity from the City; and
WHEREAS, Health and Safety Code Section 34191.5(b) requires the
Successor Agency to prepare a Long -Range Property Management Plan
( "Property Management Plan ") that addresses the disposition and use of the
real properties of the former redevelopment agency; and
WHEREAS, Health & Safety Code Section 34191.5(b) also requires the
Successor Agency to submit the Property Management Plan to the Oversight
Board and the Department of Finance ( "DOF ") for approval no later than six
months following the issuance to the Successor Agency of the Finding of
Completion pursuant to Health and Safety Code Section 34179.7; and
WHEREAS, on March 25, 2013, the Successor Agency received its Finding
of Completion (the "FOC ") from the California Department of Finance (the
"DOF ") pursuant to HSC Section 34179.7; and
WHEREAS, on September 6, 2013, the Oversight Board approved Oversight
Board Resolution No. OB003 -13 approving the Property Management Plan; and
WHEREAS, the Successor Agency submitted the Property Management
Plan to the DOF in September 2013, which was approved by the DOF on
February 4, 2014; and
WHEREAS, on June 11, 2015, the State Controller's Office (the "SCO "), as
part of its Asset Transfer Review Report (pursuant to Health and Safety Code
Section 34167.5), ordered the City of Bakersfield to transfer the California
Avenue /Owens Property (APN 018 - 040 -70) to the Successor Agency; and
WHEREAS, the SCO's findings have necessitated the Successor Agency to
submit an amended Property Management Plan to add the California
Avenue /Owens Property to the Property Management Plan; and
- Page 1 of 3 Pages -
WHEREAS, the Successor Agency has prepared an Amended Property
Management Plan that contains all the information required under Health and
Safety Code Section 34191.5; and
WHEREAS, all other legal prerequisites to the adoption of this Resolution
have occurred.
NOW, THEREFORE, BE IT RESOLVED by the Oversight Board to the Successor
Agency of the Dissolved City of Bakersfield Redevelopment Agency as follows:
SECTION 1.
Recitals. The Recitals set forth above are true and correct and are
incorporated into this Resolution by this reference.
SECTION 2.
Approval of the Amended Property Management Plan. The Oversight
Board hereby approves the Amended Property Management Plan, in
substantially the form currently on file with the Secretary of the Oversight Board
and attached hereto collectively as Exhibit A and Exhibit B and incorporated by
reference herein.
SECTION 3.
Transmittal of the Amended Property Manaaement Plan. The Chairperson
is hereby authorized and directed to take any action necessary to carry out the
purposes of this Resolution and comply with applicable law regarding the
Amended Property Management Plan, including without limitation cooperating
with the Successor Agency to submit the Amended Property Management Plan
to the State of California Department of Finance for approval, and posting of
the approved Amended Property Management Plan on the Successor
Agency's website.
PASSED AND ADOPTED by the Oversight Board to the Successor Agency of the
Dissolved City of Bakersfield Redevelopment Agency, at the regular meeting
held on September 10, 2015.
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ATTEST:
STATE OF CALIFORNIA
COUNTY OF KERN }
CITY OF BAKERSFIELD }
I, ROBERTA GAFFORD, Acting Secretary to the Oversight Board, hereby
certify that the foregoing resolution was duly adopted at the special meeting of
the Oversight Board on September 10, 2015.
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ROBERTA GAFFORD, Acti g Secretary
APPROVED SEP 10 2015
By
PHILLIP -BENTLYFf
CHAIR, Oversight Board
APPROVED AS TO FORM:
VIRGINIA GENNARO
City Attorney n ,
By
OSHUA H. RUDNICK
Deputy City Attorney It
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Attachments: Exhibit A - Amended Long Range Property Management Plan
Exhibit B- Amended Long Range Property Management Plan Matrix
Page 3 of 3 Pages -
CITY OF BAKERSFIELD SUCCESSOR AGENCY
LONG -RANGE PROPERTY MANAGEMENT PLAN
Amended September 2015
The Successor Agency to the former Redevelopment Agency of the City
of Bakersfield ( "Successor Agency ") is required by Assembly Bill lx 26 ( "AB lx 26 ")
and Assembly Bill 1484 ( "AB 1484 ") collectively "Dissolution Bills" to prepare a
Long -Range Property Management Plan ( "Property Management Plan ") that
addresses the disposition and use of the properties of the former
Redevelopment Agency of the City of Bakersfield (the "former Agency "). The
Property Management Plan must be submitted to the Oversight Board and the
Department of Finance ( "DOF ") for approval no later than six months following
the issuance to the Successor Agency of the Finding of Completion (FOC). The
Successor Agency's FOC was issued by DOF on March 25, 2013.
The Dissolution Bills established a Community Redevelopment Property
Trust Fund, ( "Property Trust Fund ") administered by the Successor Agency, to
serve as the repository of the former Agency's real properties upon approval of
the Property Management Plan by the DOF. Properties will be transferred from
the Property Trust Fund to the City of Bakersfield.
The Property Management Plan addresses the disposition and use of the
real properties of the former Agency and must do all of the following:
Include an inventory of all properties in the Property Trust Fund. The
inventory shall consist of all of the following information:
• The date of the acquisition of the property and the value of the property
at the time, and an estimate of the current value of the property.
• The purpose for which the property was acquired.
• Parcel data, including address, lot size, and current zoning in the former
agency redevelopment plan or specific, community, or general plan.
• An estimate of current value of the parcel including, if available, any
appraisal information.
• An 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 history of environmental contamination, including designation as a
brownfield site, any related environmental studies, and history of any
remediation efforts.
• A description of the property's potential for transit - oriented development
and the advancement of the planning objectives of the successor
agency.
Page 1
EXHIBIT A
A brief history of previous development proposals and activity, including
the rental or lease of property.
Address the use or disposition of all of the properties in the Property Trust
Fund. Permissible uses include the retention of the property for
governmental use, the retention of the property for future development,
the sale of property, or the use of the property to fulfill an enforceable
obligation. The Property Management Plan shall separately identify and
list properties in the Property Trust Fund dedicated to governmental use
purposes and properties retained for purposes of fulfilling an enforceable
obligation. With respect to the use or disposition of all other properties, all
of the following shall apply:
If the plan directs the use or liquidation of the property for a project
identified in an approved redevelopment plan, the property shall
transfer to the City.
If the plan directs the liquidation of the property or the use of the
revenues generated from the property, such as lease or parking
revenues, for any purpose other than to fulfill an enforceable
obligation or other than that specified immediately above, the
proceeds from the sale shall be distributed as property tax to the
taxing entities.
Property cannot be transferred to the Successor Agency or City unless the
Property Management Plan has been approved by the Oversight Board and the
DOF.
With the approval of the Oversight Board and DOF, real property assets
will transfer to the City for either: 1) governmental use; 2) future development; or
3) use of the property for a project identified in an approved redevelopment
plan.
Site #1
Site #1 will be transferred to the City for the continued governmental use
as an access to the adjacent City property that is used as a temporary public
works construction material staging area. The site consists of vacant landlocked
and undeveloped land with no street access. The City vacated the street in front
of the property as part of the redevelopment plan. The property is an irregularly
shaped remnant of land that was left over as part of the assembly of parcels in
furtherance of a redevelopment plan known as South Mill Creek Village. This
plan included the removal of blighting influences by the construction of
affordable housing and commercial buildings within a 6 square block area.
Page 2
EXHIBIT A
Next Steps For Site #1
Now that the Successor Agency has received the FOC from the DOF, Staff
will:
• Recommend Oversight Board approval of the Property Management Plan
on September 6, 2013.
• Submit the Property Management Plan to the DOF for approval.
• Transfer the property to the Property Trust Fund administered by the
Successor Agency.
• Request the Successor Agency transfer the property from the Property
Trust Fund to the City and request City receive the property from the
Property Trust Fund.
• City to retain and maintain the property as a governmental use.
Page 3
EXHIBIT A
EXHIBIT A Page 4
Site #1 Owner/Tifle:
• Successor Agency of the Redevelopment Agency of the City of
Bakersfield.
• Redevelopment Agency of the City of Bakersfield.
Address /Parcel Number:
• 1500 S. Street
• APN 006 - 540-02
Current Use /Descripflon:
• Vacant, landlocked, undeveloped land
• This Site is located on 1500 S. Street, next to the BNSF railroad. The site has
no access to or from the street, highway or freeway. It is bordered by the
BNSF Railroad property and a property, which is owned by the City of
Bakersfield. It is irregular shaped and unusable by itself.
• The Site is a vacant undeveloped remnant site without street access.
Acquisition Date /Acquisition Property Value /Acquisition Purpose:
March 24, 2006
• $60,895
• Implementation of Redevelopment Plan
Parcel Size:
• 14,230 Square Feet, 0.326 Acres
Current Zoning:
• M -2
Estimate of Current Value /Property Revenue:
$0 - $1,000 estimate of value
• The property does not have any independent utility because it is landlocked and
without street access. The City vacated the street in front of the property as part
of the redevelopment plan. The property may have speculative value to
someone who purchases remnant property, such as at tax sales, which have
limited value in the hopes that they can find a use that is marketable.
• No property revenue.
History of Environmental Contamination:
• No record of environmental contamination.
Page 5
EXHIBIT A
Potential for Transit- Oriented Development /Use or Disposition of
Property /Advancement of the Planning Objectives of the Successor Agency:
• The potential for Transit - Oriented Development ( "TOD ") does not exist.
The subject property is not of adequate size to accommodate TOD and is
not located adjacent to a fully integrated multi -modal transportation
network. The site is landlocked with no street access.
Previous Development Proposals and Activity
• No records of development proposals or activity.
Site #2
Site #2 will be transferred to the Successor Agency to be sold at fair
market value, and any proceeds of the sale would be used for enforceable
obligations or distributed as property tax to the taxing entities. The site consists of
vacant and undeveloped land.
Next Steps For Site #2
Now that the Successor Agency has received the FOC from the DOF, Staff
will:
• Recommend Oversight Board approval of the Amended Property
Management Plan on September 10, 2015.
• Submit the Amended Property Management Plan to the DOF for
approval.
• Transfer the property to the Property Trust Fund administered by the
Successor Agency.
• Request the Successor Agency to transfer the property from the City to
the Property Trust Fund, and sell the property at fair market value, with the
proceeds of the sale to be used for enforceable obligations or distributed
as property tax to the taxing entities.
Page 6
EXHIBIT A
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EXHIBIT A PAGE. 7
Site #2 Owner /Title:
• Successor Agency of the Redevelopment Agency of the City of
Bakersfield.
• City of Bakersfield.
Address /Parcel Number:
• 1029 E. California Avenue
• APN 018 - 040 -70
Current Use /Description:
• Vacant and undeveloped land.
• Site #2 is located on the South East Corner of California Avenue and South
Owens Street in the City of Bakersfield, California, County of Kern, next to
the Clinica Sierra Vista Dental Clinic and across the street from Martin
Luther King Park. It is a long, rectangular shaped vacant property.
Acquisition Date /Acquisition Property Value /Acquisition Purpose:
November 13, 2006
• $232,000
• Implementation of Redevelopment Plan
Parcel Size:
90,782 Square Feet, 2.08 Acres
Current Zoning:
C -2
Estimate of Current Value /Property Revenue:
• $136,000 estimate of value based on a $1.50 per Square foot
No property revenue.
History of Environmental Contamination:
No record of environmental contamination.
Potential for Transit- Oriented Development /Use or Disposition of
Property /Advancement of the Planning Objectives of the Successor Agency:
• The potential for Transit - Oriented Development ("TOD ") does exist. The
subject property is of adequate size to accommodate TOD, and it is
located adjacent to a fully integrated multi -modal transportation network.
Page 8
EXHIBIT A
Previous Development Proposals and Activity
• On June 29, 2011, the City of Bakersfield, as seller, entered into a purchase
and sale agreement with escrow instructions (Agreement No. 11 -070) with
buyer, Gryphon Capital, LLC, to develop a Family Dollar store. However,
the parties did not complete the sale, which fell out of escrow.
• There have not been any further development proposals or activity for Site
#2.
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Page 9
EXHIBIT A
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