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HomeMy WebLinkAboutRDA IMPLEM PLANS 10-17-94AGENDA RDA NO. 4 Inter-Co- ATE: OCTOBER 17, 1994 TO: FROM: SUBJEC~ WILLIAM A. HUSTON, EXECUTIVE DIRECTOR COMMUNITY DEVELOPMENT DEPARTMENT PUBLIC WORKS PROJECTS= IMPLEMENTATION PLANS RECOMMENDATION It is recommended that the Agency modify, as desired, and approve for inclusion in the Implementation Plan for the two Project Areas the following: 1. A proposed ranking of the public works projects; 2. Anticipated economic development activities. FISCAL IMPACT This action will have no fiscal impact on the Redevelopment Agency. It provides only for direction by the Agency concerning the proposed public works and economic development projects for the next five years, a part of the preparation of Implementation Plans as required by State Law. DISCUSSION At its last meeting of October 3, 1994, the Agency reviewed the proposed public works projects for the Town Center and South Central Redevelopment Project Areas. The Agency requested additional time to study the proposed projects and to rank them by priority. The Staff, based on past Agency discussion and actions, has proposed a ranking of the public works projects. The proposed ranking for the Town Center Project Area projects are found in Attachment 1. The proposed ranking for the South Central Project Area projects are found in Attachment 2. The Agency also wished to review the anticipated economic development activities for the two Project Areas for the next five years. Because of the need for the Agency to maintain a level of flexibility, these programs are described in broad categories. However, we will review a specific 1994-95 work program for the Agency with you on October 17th so that you can appreciate specific Redevelopment Agency Report Public Works Projects: Implementation Plan October 17, 1994 Page 2 types of projects we will be working on. Anticipated housing projects for the next five years were approved by the Agency for each project area in November 1993 and will be summarized in the final draft Implementation Plan that the Agency will receive in the future. In reviewing the public works projects, the Agency should note the following: The inclusion of the public improvement projects in the Implementation Plan does not indicate a preference for these over economic enhancement programs, nor preclude the Agency from directing staff to allocate resources and time to assist in the development and improvement of private property away from public works projects. The purpose of the Implementation Plan is to provide basic information about the Agency's intentions over the cominG five years. It is not intended to take the place of the AGency's ability to establish its priorities and direct staff accordingly. By its nature, redevelopment is opportunistic and must remain fluid in order to respond to the marketplace. The Implementation Plan does not limit the Agency from developing additional or alternative programs or projects in the future. If the AGency wishes to alter the Implementation Plan in the future, it may do so easily. The State has not included any penalties in Law if the AGency does not meet expectations of the Implementation Plan. o The Implementation Plan can include more projects and programs than the Agency expects to be able to fund. This is particularly important in light of the history of the State to take from local agencies money the State feels is unencumbered. Staff has also attached the report from the October 3, 1994 AGency meeting for the Agency's consideration. This report includes the Redevelopment Agency Report Public Works Projects: Implementation Plan October 17, 1994 Page 3 spreadsheets that show anticipated expenditures and timing of the public works projects. Once the Agency adopts its priorities for the public improvement projects, these spreadsheets will be modified accordingly for inclusion in the Implementation Plan. The full Implementation Plan will be presented to the Agency for adoption at its December 5, 1994 meeting. The Agency will be able to make final modification to the Implementation Plan at that time. CONCLUSION The staff recommends the Agency approve the proposed prioritization of the public works projects as found in Attachments 1 and 2, or modify them as the Agency wishes. In addition, direction on proposed economic development activitigs~ould also be appreciated. Christine A. S~ngleton Wc~ar¢ Zimmer Assistant Cit!/WManager ~deve )ment Program Manager ATTAC~4ENT I IMPLEMENTATION PLAN T0~N CENTER REDEVELOPMENT PROJECT AREA' PROPOSED PROJECT PRIORITIZATION PRIORITY I PROJECT RDA PROGP~%MMED PROJECTS 1 Columbus Tustin Park Improvements 2 Traffic Signal at 1st Street and B Street 3 Pepper Tree Park Improvements 4 Drainage (Holt to SR55) 5 Street Lighting -- various locations 6 utility Undergrounding 7 Street Widening OTHER ELIGIBLE TOWN CENTER PROJECTS* 1 Irvine Boulevard Restriping from SR55 to Browning 2 Intersection Enhancement -- Irvine Boulevard at Newport Avenue 3 Newport Avenue Rehabilitation from San Juan Street to Wass Street 4 Newport Avenue Rehabilitation from E1 Camino Real to San Juan Street and E1 Camino Real Rehabilitation from Orange Street to Newport Avenue 5 Main Street Rehabilitation from Newport Avenue to Bryan Street 6 Prospect Avenue Rehabilitation from First Street to Irvine Boulevard 7 Storm Drain Improvements on Holt Avenue These projects will likely be funded from other sources. Their ranking does not compete with the ranking of the RDA programmed projects. ATTACHMENT 2 IMPLEMENTATION PLAN SOUTH CENTRAL REDEVELOPMENT PRoJEcT AREA PROPOSED PROJECT PRIORITIZATION PRIORITY I PROJECT RDA PROGRAMMED PROJECTS 1 Newport Avenue/SR55 Ramp Newport Extension, South of Edinger Del Amo from SR55 Ramp to Edinger Edinger from SR55 S/B ramps to Del Amo 1 Newport Extension, North of Edinger 2 Red Hill Grade Separation, Preliminary Engineering 3 General Lighting at Various Locations 3 Housing Rehab Private/Public Street Improvements 4 Mitchell Street from Newport Avenue to Nisson Road 4 Alleys south of Walnut Street, south of San Juan Street, south of Bonita St, between Newport Avenue and Orange Avenue 4 Red Hill Avenue from Valencia Avenue to Edinger Street 5 Valencia Avenue, from Newport Extension to Red Hill Avenue ATTACHMENT 2 IMPLEMENTATION PLAN SObT~ CENTRAL REDEVELOPMENT PROJECT AREA PROPOSED PROJECT PRIORITIZATION PAGE 2 OTHER ELIGIBLE SOUTH CENTRAL PROJECTS* 1 C Street Reconstruction North of Mitchell 2 San Juan Street Widening and Reconstruction from Newport Avenue to Orange Avenue 3 Mitchell Avenue widening from B Street to Newport Avenue 4 Sycamore Avenue Storm Drain 5 Newport Avenue Rehabilitation from McFadden Avenue to Nisson Road 6 Newport Avenue Rehabilitation from Sycamore Avenue to McFadden Avenue 7 McFadden Avenue Rehabilitation from SR55 to Newport Avenue These projects will likely be funded from other sources. Their ranking does not compete with the ranking of the RDA programmed projects. EXHIBIT i IMPLEMENTATION PLAN TOWN CENTER REDEVELOPMENT PROJECT AREA PROPOSED ECONOMIC DEVE~.OPM~NT PROGRAMS DEVELOPER/PROPERTY OWNER ASSISTANCE Proposed 5 Year Funding. $6,565,750 Type of Assistance: This program, which is already underway, supports revitalization of the City's historic Old Town and adjacent areas within the Town Center Project Area. Anticipated development opportunities include: · · · · · Southern Gateway Project between Newport Avenue and Sixth Street New Construction/Commercial Opportunities along E1 Camino Real In-fill Commercial Development Refurbishment and Re-use of Historic Structures Refurbishment and Re-Use of Vacant Buildings Development'of a Micro Brewery Development of a Theater/Entertainment Complex Potential Residential development opportunities will be addressed under Housing Programs. The type of assistance will vary depending on the needs of each project. The type of assistance may include, but will not be limited to land assembly, land write-downs, land preparation, off-site improvements, fee payments, design and engineering assistance, development loans (for those costs allowed by law), and development of parking. COMMERCIAL REHABILITATION Proposed 5 Year Funding: $700,000 Types of Assistance: This program, which is already in place, consists of financial assistance in the form of loans and/or grants for seismic retrofitting, historic and building and safety code compliance, building renovation, facade improvements. BUSINESS ATTRACTION AND RETENTION Proposed 5 Year Funding: $110,000 EXHIBIT 1 Page 2 Types of Expenditures: This program, which is an on-going program, is designed to support existing business retention and attraction. Expenditures include but will not be limited to such items as: Brochures, marketing materials, and support for Economic Development Council activities EXHIBIT 2 IMPLEMENTATION PLAN SODTa CENTRAL REDEVELOPMEN?PROJECTAREA PROPOSED ECONOMIC ENHANCEMENT ACTIVITIES DEVELOPER/PROPERTY OWNER ASSISTANCE Proposed 5 Year Funding: To be determined from Cash Flow analysis being done as part of Implementation Plan Type of Assistance: This program, which is already underway, will support development and revitalization within the South Central Project Area. Anticipated development opportunities include: Pacific Center East Project Catellus-owned property Construction of new commercial opportunities along Edinger on Case Swayne property In-fill Commercial and Industrial Development Refurbishment and Re-use of Structures The type of assistance will vary depending on the needs of each project. The type of assistance will include, but will not be limited to: land assembly, land write-downs, land preparation, rehabilitation costs, off-site improvements, fee payments, design and engineering assistance, development loans (for those costs allowed by law), and development of parking. Types of Projects: Office Development Retail Development Industrial/Research and Development Uses Building Rehabilitation BUSINESS ATTRACTION AND RETENTION Proposed 5 Year Funding: $101,000 Types of Expenditures: This program, which is an on-going program, is designed to support existing business retention and attraction. Expenditures include but will not be limited to such items as: Brochures, marketing materials, and support for Economic Development Council activities. Inter-Com DATE: OCTOBER 3, 1994 TO: FROM: SUBJECT: WILLI]~M A. HUSTON, EXECUTIVE DIRECTOR COMMUNITY DEVELOPMENT DEPARTMENT PUBLIC WORKS PROJECTS~ IMPLEMENTATION PLANS RECOMMENDATION It is recommended that the City Council review and approve public improvement projects to be included in the Implementation Plans for the South Central Redevelopment Project Area and the Town Center Project Area, as submitted or revised. FISCi%L IMPACT This action will have no fiscal impact on the Redevelopment Agency. It provides only for direction by the Agency concerning the proposed public works projects for the next five years, as part of the preparation of Implementation Plans as required by State Law. DISCUSSION During the 1993-94 legislative year, the Legislature approved significant changes to the Community Redevelopment Law. One of these changes requires all redevelopment agencies to adopt five- year Implementation Plans for each Redevelopment Project Area. The purpose of these plans is to outline the programs the Agency expects to undertake during the coming five years. It should be noted that the Implementation Plans are intended to be guides only; there are no penalties in the Law if the Agency finds it necessary to deviate from the Implementation Plan during the five years. The Staff is currently working with Katz Hollis, the Agency's redevelopment consultant, to prepare these plans. The final plans will be presented for Agency consideration at its December 5, 1994 meeting. The Plans will address the expected Agency expenditures for Fiscal Year 1995-96 .through Fiscal Year 1999-00. The expenditures will include those for debt service payments, administration, property development and improvement assistance, public works and housing. Redevelopment Agency Report Public Works Projects: Implementation Plans October 3, 1994 Page 2 At this time, the Staff is requesting direction from the Agency concerning public improvement programs to be included in the proposed Implementation Plan. At a later meeting, staff will request direction on property development and improvement assistance programs. The Agency has already provided direction for the expenditure of the tax increment housing set-aside .funds through Fiscal Year 2002-03 in adopting the Housing Affordability Strategy in November, 1993. A synopsis of this information will be included in the Final Implementation Plan when it is presented to the Agency for adoption. During the past few years, the Agency has outlined acceptable administrative expenditures for each Project Area. Staff will be following this same direction when it returns to the Agency with projections of anticipated administrative expenditures for the next five years. LIHIT~TIONS ON A~ENCY FUNDED PUBLIC II,~PROVF~ENTS ~ F~CILITIES Under the Community Redevelopment Law, there are two primary limitations on the expenditure of funds for public improvements and facilities as follows: 1) the construction of public facilities must assist in alleviating blight and blighting influences; and 2) the construction of the facilities must be identified in the Redevelopment Plan. In identifying specific public facilities in both the Town Center and South Central Redevelopment Plans, the Agency has already determined that they alleviate blight, as defined under the legal definition of blight that existed when each Project Area was adopted and, subsequently, amended. Therefore, no further determination is needed. However, the narrative in the Implementation Plans will need to discuss how the proposed projects for the next five years alleviate blight and blighting influences. The requirement of State Law that all public projects be identified in the Redevelopment Plans limits the Agency's flexibility in developing new public facilities not identified in the Town Center and South Central Redevelopment Plans. Attached as Attachment 1 is the list of public facilities that are currently included in the Town Center Redevelopment Plan. Attachment 2 is the list of public projects that are currently included in the South Central Redevelopment Plan. Redevelopment Agency Report Public Works Projects: Implementation Plans October 3, 1994 Page 3 RECOI,~I~ENDED PROJECTS: TOWN CENTER PRO~ECT The major public facilities which were identified in the Town Center Redevelopment Plan have been accomplished, as well as many of the smaller projects. Additional projects have been included in the current Redevelopment Agency Fiscal Year 94-95 budget. Currently, there are limited unencumbered funds in the Town Center Project Area. Town Center bonds were sold in both 1987 and 1991. These have been used for the construction of such major facilities as the Civic Center and the Tustin-Columbus Gym. Most of the tax increment projected to be received in the Town Center Project Area is already pledged to retire these bonds. Attachment 3 is a matrix indicating potential capital projects to be included in the Implementation Plan. It includes all capital projects, those already identified to be funded by tax increment, as well as those proposed to be funded by other sources. Because of the uncertainty of the impact of the State budget shortfall on future Agency and City revenues, the Staff recommends the Agency secure its funding by including all projects, notwithstanding their anticipated funding sources, that are consistent with the Town Center Redevelopment Plan. If the Agency wishes to include additional projects not shown on Attachment 3, the Staff requests direction from the Agency about which projects to add to the matrix. RECO~I~ENDED PRO~ECTS~ SOUTH CENTI:t~,L PROJECT ~RF~ Major traffic and circulation improvements are needed in the South Central Project Area and have been an Agency priority for a number of years. Without these improvements, the undeveloped land in The Pacific Center East Project Area cannot be developed and the city's transportation network serving both the Southern portion of the city as well as the commercial core in Old Town will continue to be impacted by traffic congestion. These roadway improvements include three major components: 1. The extension of Newport Avenue from its existing terminus south to Valencia Street. 2. The construction of new on and off ramps at Edinger and SR55. Redevelopment Agency Report Public Works Projects: Implementation Plane OCtober 3 1994 Page 4 ' 3. The Widening of Edinger Avenue from Just west of SR55 to Red Hill Avenue. The total cost for these improvements is estimated to be in excess of. $30,000,000 and ~s to be shared between the Agency and the Private land owners in Pacific Center East. Since the 1985 amendment Which Project Area, the added this area to the Redevelopment reserve fund e~-LAgency has been adding a capital improvement Additional fu,~ua year in anti-~ .... to necessary st~u~ are.needed a~a~on of these ~ ~o brl-~ ~_' ~noug~ the A xmprovements. -~ ~nese improvements t~e~i~n During the past .begun the actions: year, the Agency has Undertaken the fOllowing · Authorized acquisition of the right-of-way purposes; Case Swayne property for · AUthorized ~a--- · · ~ ~ment to the Project (formerly the m .... de~°pers of the · Of-way; ~moPo~ltan AD ~.~ ~nalssance _ar .... ,~s; rot right- ' Required irrevocable Avenue and Offers of dedication along Del Amo project; Edinger, fronting along the Micro Center · Required irrevocable Offers of dedication for the right of way along the Orange County Teachers Federal Credit Union PrOperty; · AUthorized the retention of Consultants to prepare the Project Study Report required by CalTrans for the new freeway ramps. The Staff expects t . ~nCrement Over ~hat a ma]or port~- - ~mprovements. ~= next 5 years ~r the SOuth Cen~ -~ be ne~ ~ ~ ~ax Attac=- . --=~ rot these xn~ent 4 is the matrix showing potential capital projects for the South Central Project Area. Sim/la p~'a~f recommends the A,enc. . r to the Town C - - · ~rOposed c ' · ~ Y Znclu · enter ~ Pro]ect Area bo.,~_ ~Pltal ~mprovem~ d? in the Im~--- ~O]~ct ~,~u~rles that are ~'%t pro]ects loc~=~en~atlon =~glDle pro~e-~- -~.Wlth~n the ~ ~' n°twlthstanding Redevelopment AgenCy Report public works projects: implementation plans october~ 3, 1994 page 5 funding source, so that the AgenCy can secure its the anticipated potential state actionS. tax increment in light of T e will be shared with in the pacific center East · he genCY, h Y. ~-t. Based on Not all of the costs for the projects ,%ose r o w ---er con= Ou " , yearS. developer/P and deve u actual AgenCy cam modified to either earlier or later the projeCtS can be · . orojectS t.o those to be . _~A addltlonal ~ _~ ~rovlde the staff A enCY wl~=~__~.tatio~ plan, = =_ 4,elude. If the direct ion a~ staff reCO_mm%~ the Town C=,,~- h J-d then apprOw= ~ in the ~etachment 3 ~ =-~1 project Area; o" to be included ~or the south cen~ these Attachments center and South .. rojeCts as sho~ in for the Town publlC~P_._~ TmDlementatl°n plans respeC~¥~ ~ = central project AreaS. . ~-~4~ A. shingleton Christine ~ Assistant city Manager .... ~ .~_ zimmer R~chard J- m Manager Redevelopment program CAS: RJZ: kbm\ccpW imp · mere ~ ~o~oo § § ~ ~ oo ° ~o~ ~§ ~8~ ~ ~ 88 ~$§8°~°°°