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HomeMy WebLinkAboutRDA 2 PURCHASE PROP 07-19-04 .' -.~ ~"Ú' Agenda Item RDA2 AGENDA REPORT Reviewed: {ìI!f City Manager Finance Director MEETING DATE: JULY 19, 2004 FROM: WILLIAM A. HUSTON, EXECUTIVE DIRECTOR REDEVELOPMENT AGENCY STAFF TO: SUBJECT: PURCHASE AND SALE AGREEMENT FOR A VACANT PARCEL IN THE VICINITY OF NEWPORT AVENUE AND NORTHBOUND SANTA ANA (1-5) FREEWAY RAMP SUMMARY Agency approval is requested to enter into a Purchase and Sale Agreement for a site located in the Town Center Project Area. Under the California Health and Safety Code Section 33391, the Agency may purchase property for purposes of redevelopment. RECOMMENDATION It is recommended that the Redevelopment Agency take the following actions. 1. Approve Resolution No. RDA 04-06, and authorize the Executive Director or Assistant Executive Director to execute a Purchase and Sale Agreement (Attachment A) and related documents between the Tustin Community Redevelopment Agency and the California Department of Transportation ("Caltrans") as may be approved by the City Attorney. 2. Appropriate $189,000 from the unappropriated Town Center Redevelopment Project Area fund balance for the acquisition of the property and expenses associated with the Purchase and Sale Agreement. FISCAL IMPACT If the Purchase and Sale Agreement is approved, the Agency will pay $189,000 plus the Agency closing costs identified in the Agreement in anticipation of a subsequent sale of the parcel to an Owner Participant under substantially the same terms and conditions as provided in the Exclusive Agreement to Negotiate between the Tustin Community Redevelopment Agency and Makena Great American Newport Company dated May 5, 2004. William A. Huston Purchase and Sale Agreement: Newport and EI Camino Real July 19, 2004 Page 2 BACKGROUND In September 2003, the Agency received a request from Makena Great American Newport Company, LLC (the "Developer') for assistance in purchasing a Caltrans surplus parcel located along the 1-5 freeway for the purpose of assembling larger site for development of a retail center located at 14001 Newport Avenue. The Caltrans parcel is contiguous to the southerly boundary of the Newport Avenue property that was recently acquired by the Developer. Formerly the site of Tustin Transmission, the property is blighted containing the remains of old structures in need of redevelopment. In April, 2004 the Agency authorized the Executive Director to enter the Exclusive Agreement to Negotiate with the Developer pursuant to the Agency's Rules Governing Participation. Under the Exclusive Agreement to Negotiate, the Agency and Developer are obligated to negotiate in good faith with the intent of entering into a Disposition and Development Agreement (DDA) for the redevelopment of the assembled properties. The Exclusive Agreement to Negotiate will allow the developer to proceed in completing preliminary design drawings, detailed economic and cost evaluations, and allow him to begin serious discussions on the necessary financing for the project. While It does not commit the Agency to any expenditure of funds nor does it commit the Agency to providing financial assistance, it does provide that the Agency pursue the acquisition of the Caltrans surplus parcel for redevelopment purposes subject to Caltran's approval of the Agency's acquisition and the Agency's approval of a Disposition and Development Agreement for the redevelopment of the Property. FINDING OF BENEFIT This site is located in the Town Center Project Area. On March 6, 2000 the Tustin Community Redevelopment Agency adopted a five-year Implementation Plan for the Town Center and South/Central Redevelopment Project areas for fiscal years 2000-2001 through 2004-2005. The Implementation Plan was composed of two parts, a five-year plan for Redevelopment activities and a five-year plan for housing activities. Anticipated accomplishments and expenditures for the five-year period included the rehabilitation of substandard and deteriorating structures to improve building conditions, increase functionality and desirability, and to integrate design characteristics with the aim of creating a cohesive commercial district in the Town Center Project Area. William A. Huston Purchase and Sale Agreement: Newport and EI Camino Real July 19, 2004 Page 3 It is anticipated that the Caltrans parcel would be assembled with adjacent property(ies) which would allow for clearing existing improvements which are characterized by economic obsolescence and substantial deferred maintenance, and bring new commercial uses to the Old Town Tustin commercial area and stimulate economic development activity in the Project Area. While there is no formal submittal for a proposed project, the currently proposed infill project would be comprised of a single story retail building of approximately 7,400 square feet on a 0.68 acre site surrounded by retail and commercial uses. The proposed land assembly and redevelopment constitutes public uses and purposes under the California Health and Safety Code Section 33037, as it will assist in the elimination of and prevention of the spread of blight in the Project Area. The proposed acquisition is consistent with the Implementation Plan for the Town Center Project Area. The proposed property acquisition and infill redevelopment project may be categorically exempt from the requirements of the Environmental Quality Act pursuant to Section 15332 (Class 32) of the California Code of Regulations, Title 14, Chapter 3 (Guidelines for the California Environmental Quality Act). The Community Development Department has made such a determination for this project. Such determination is on file with Community Development. Christine A. Shingleto Assistant City Mana r Attachments S:\RDA\RDA report\July 19, 2004 Caltrans Property Acquisition Report.doc A TT ACHMENT A DEPARTMENT OF TRANPORTATION PURCHASE AND SALE AGREEMENT REAL PROPERTY -DD-O72768-01-01 STAT!:: OF CAlJFQRNIA D£P ARTMIDIT OF TRANSPORT AnON PURCHASE AND SALE AGREEMENT - REAL PROPERTY - DD-O72768-01-01 In this Agreement dated , 2004, by and between TUSTIN COMMUNITY REDEVELOPMENT AGENCY, hereinafter known as "Buyer" and STATE OF CALWORNIA, DEPARTMENT OF TRANSPORTATION, hereinafter known as "Seller", the parties agree as follows: For the sum of One Hundred Eighty Nine Thousand Dollars, ($189,000.00); buyer hereby agrees to purchase and seller hereby agrees to sell "that certain real property in the City of Tustin, County of Orange, State of California being that portion of Parcell acquired by the State of California, by deed recorded November 7, 1989 as Document No. 89-600848 of official Records in the office of the County Recorder of said county, and legally described in Director's Deed No. DD 0072768-01-01 (hereinafter referred to as the "property"). Subject to the following conditions: I Buyer agrees to tender with this agreement a non-refundable deposit of Nineteen Thousand dollars, ($19,000.00). This deposit is due on or before July 30, 2004. The balance of the purchase price, One Hundred Seventy Thousand, Dollars ($170,000.00) shall be paid on or before August 30,2004. All payments shan be made to State of California, Department of Transportation, and mailed to State of California, Department of Transportation, RIW Excess Land Sales, 21073 Pathfinder Road, Suite 100, Diamond Bar, CA 91765. II The governing body of your agency must provide a resolution that states the property will be used for public purposes. "Public purposes" means the preponderant area of the property shall be substantially for government, as opposed to proprietary functions. The intended specific use of the property shall be stated in the resolution. III All sales made subject to the approval of the California Transportation Commission, (CTC). In the event that the California Transportation Commission fails to approve this sale, all monies heretofore paid by the Buyer will be refunded without interest. IV The Seller is willing to process this sale at no charge to the Buyer, except for the items set forth in paragraph V below. BuYer, at its option, may open an escrow at its own expense. The Seller will pay no escrow fees. V The Buyer agrees to pay any and all recording fees, documentary stamp tax and monumentation fees chargeable by the County Recorder. At a later date, the Seller wilJ request that these fees are forwarded, and buyer shall submit to the seller upon demand. VI The Buyer expressly understands that the right, title and interest in the property to be conveyed shall not exceed that vested in the State of California and that the Seller will furnish no policy of title insurance. If a policy of title insurance is desired, the buyer shall obtain one, at the Buyer's expense Page 1 of 2 STATE OF CALIFORNIA DEPARTMENT OF TRANSPORTATION PURCHASE AND SALE AGREEMENT - REAL PROPERTY - DD-O72768-01-01 VII The property is being sold "as is" and is being conveyed subject to any special assessments, restrictions, reservations or easements of record and subject to any reservations contained in the Director's Deed. Buyer may examine any information the Seller has relative to these matters. VIII In the event suit is brought by either party to enforce the terms and provisions of this Agreement or to secure the performance hereof, each party shall bear its own attorney's fees. The Buyer agrees that the title of the property being conveyed shall not pass until the Director's Deed has been recorded. The Buyer shall not take possession of the property until the director's Deed is recorded. IX Buyer shall defend, indemnify, and hold seller and seller's elected and appointed officers, agents and employees free and harmless from and against any and all liabilities, damages, claims, costs and expenses (including without limitation, attorney's fees, legal expenses and consultant's fees, and investigation and remediation costs) arising in whole or in part from the existence of hazardous substances, or hazardous substance conditions. This indemnity is intended to address that liability for which seller may be responsible arising solely out of its mere ownership of said real property. This provision shall survive transfer of title to said real property and any rescission of said transfer. "Hazardous Substance" shall mean any substance whose nature and/or quantity of existence. Use, manufacture, disposal of effect, render it subject to federal, state or local regulation, investigation, remediation or removal as potentially injurious to public health or welfare, including the comprehensive Environmental Response Compensation and Liability Act or Resource Conservation and Recovery Act as now in effect. "Hazardous Substance Condition" shall mean the existence on or under, said property of a hazardous substance that requires remediation and lor removal and I or to be otherwise mitigated pursuant to applicable law. The terms and conditions of the above agreement are hereby accepted, subject to the approval of the California Transportation Commission. BUYER: TUSTIN COMMUNITY REDEVELOPMENT AGENCY. By: Date: WILLIAM A. HUSTON Executive Director SELLER: STATE OF CALIFORNIA DEPARTMENT OF TRANSPORTATION By: GERI MOORE, Chief Excess Land Southern R!W Region Date: Page 2 of 2 Map No: F-1982-5(O1/10/2001) RWPE: C Smythe Written: CS Check: RWS Space above this line for Recorder's Use DIRECTOR'S DEED I District I County Route Foost NumtJef 1') 1..:.. Orange 5 29.8 DD 072768-01-01 The STATE OF CALIFORNIA, acting by and through its Director of Transportation, does hereby grant to all that real property in the City of Tustin County of Orange , State of California, described as: DD 073768-01-01 That portion of Parcel 1 acquired by the State of California by deed recorded November 7, 1989 as Document No. 89-600848 of Official Records in the ofñce of the County Recorder of said county, bounded as follows: Bounded westerly by the easterly line and the southerly prolongation thereof, of that parcel of land described as Parcell in the deed to George A. Royer and wife, recorded October 29, 1956 in Book 3692, Page 595 of said Official Records, and Bounded southerly the California State Department of Transportation Right of Way Line, described in part as follows: California State Department of Transportation Right of Way Line The norther!)r line of that parcd of land (Parcel No. 727óg-l) described in the quitclaim deed to the SIat~ MAIL TAX STATEMENTS TO: Page 1 of 4 of California, recorded April 26, 1989, as Document No. 89-219972 of said Official Records. Utility Facilities Easement Parcel No. 72768-2 RESERVING UNTO the State of California, its successors and assigns, hereinafter referred to as "Grantor"), a non-exclusive easement for utility facilities, in on over and across that certain real property described as follows: That portion of the first above described real property lying southerly of a straight line, said line being 15.00 feet northerly of, and parallel with, that course in the northerly line of that parcel ofland (parcel No. 72768- 1), described in last said quitclaim deed as having a length of202.05 feet. The Grantor, and its respective agents and assigns, shall have the right to trim or top such trees and other foliage, and to cut such roots as may endanger or interfere with said lines and appurtenanœs, and shall have the right to enter upon and to pass or repass along and over said easement whenever and wherever necessary for the purposes above set forth, provided, however, that in making any excavation on said property of the Grantee, the Grantor herein shall make the same in such manner as will cause the least injury to the surface of the ground, landscaping and facilities so removed or disturbed by it, and shall restore the surface of the ground to as near its previous condition as possible, also provided that the Grantee, his successors and assigns, may use the surface of the above described easement area, without, however, the right to construct permanent structures thereon. . There shall be no abutter's rights of access appurtenant to the above described real property in and to the adjacent State Îreeway. There shall be no abutter's rights of vehicular access over and across the northwesterly line of the southeasterly 20.00 reet of the first above described real property. The above described real property is landlocked and without any direct access to the Îreeway or to any public or private roacLThe State of California is without obligation or liability to provide access to said rea] property. . Attached hereto and made a part thereof is a map entitled Exhibit "A". This map is for informational purposes only and is subordinate in all respects to the above description This real property description has been prepared by me, or under my direction, in conformance with the Professional Land Surveyors Act. . OL. úJ s,s1L Date: ~ ", I '. '---J N",-J ¡ \ "2- = '"'"' I r - I t SÍ!mature: Cohn W. Smyth~, P.LS. No. 6401 Œxp. 12/31/02) ?ag~. 2 of 4 REMAJNDER "~'<~ ~ ~"~ . ~ /fè"Ç'-1 -<! <: "'~ / ~""'V 0 or ~"'"'. ~Cy "'. , ", ", " " " ", CIT~/ .' .,~ ) <ov~: / !? ,.\0, / . 'v ~ / /1 ...\".,:(. / / / ~,/./ / N'L Y LINE OF SW'L Y / Co;¡ j/ / / 20~' PER O.R. 89-600/848 ""\-'ox, / / /'// 10032 so. FT.(NET);< / / QcI' / " / ..To. ./ '$0. . '" / '" / / ~~ ~~ / // vo.~ 1>/ ~ \ ~ STATE OF CALIFORNIA ~ / ~~.,?,;./ ~~ \ O.R.89-600848 .;v, (,~ DO 072758-01-02 ~ P / . \ '<../ O,R.93-0612<165 ë5 -$'/ ~ -r-<\- Z C72768'~ :,,~';~~'~ 'Y- I )----./...._--' \ (.:.~o'./ 9:-', IV --.J '\ / f 40' 3B - - V;; ./ ¡-...,' 15' UTILITY ESMT ~2"W 'fB' 1-";-" \...) PER O.R. 93-0511570 I~ I I .-t.", ./ ~ N'L Y LINE 5T A TE -. t rbV;;;'/ .::::..:'< PARCEL NO. 7276,8-1 N8::> 38'19"E1-;/ , .":J/ ( ~~ PER O.R.89-219972 12.55 r.." ,~C)/ ~~ S N4S.ZI'OI"W/ .... ,"'/ -...:;:::- , -411; ì A 2:~O,~/ >1/ C:w ~Rf'Ai /1 / ~ . ' I::. [/1/1.' ~) I\/~(j / ,/ . . /'1 /' I BLOCK B \flAP OF 30 -rUST))\J TfU\DT NlM J/99 OF n CT> v \ "- PHILIP CRAWFORD ET UX O.R. 11050//30"1 DO 072758-01-01 TLJST!I\J I i ¡ ¡ STATE RETA1NS ACCESS RIGHT~ P"~ï:...rcI' BeT ..::.. .2;:.". JUt ' . .1 .!. ~" L 9' .i.J:.. This map 1s for ¡nformational Durposes only and is subordinate 'iii 011 :-esDect5 -i-o +I-:]e Q+tocr!B,j d-?SCíio-t1on. , ! - -. -,~ subject to special assessments if any, restrictions, reservations, and easements of record. This conveyance is executed pursuant to the authority vested in the Director of Transportation by law and, in particular, by the Streets and Highways Code. WITNESS my hand and the seal of the Department of Transportation of the State of California, this day of 20 . STATE OF CALIFORNIA DEPARTMENT OF TRANSPORTATION Director of Transportation By Attorney in Fact County of } 55 PERSONAL ACKNOWLEDGMENT STATE OF CALIFORNIA On this the _day of 20 - ' before me, Name, Title of Officer-E.G., "Jane Doe, Notary Public" personally appeared Name of Signer 0 personally known to me 0 proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that - he/she executed the same in - hislher authorized capacity, and that by his/her signature on the instrument the person. or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. (tor notary saal Dr stamp) (Notary Public's signature in and for said County and State) THIS IS TO CERTIFY That the California Transportation Commission has authorized the Director of Transportation To execute the foregoing deed .at its meeting regularly Called and held on the ~ day of ,20 in the City of Dated this day of ,2°- rag::' L of t:i RESOLUTION NO. RDA 04-06 A RESOLUTION OF THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF TUSTIN, CALIFORNIA, APPROVING THE ACQUISITON OF REAL PROPERTY BY THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY FOR THE PUBLIC USES AND PUBLIC PURPOSES OF REDEVELOPMENT PURSUANT TO HEALTH AND SAFETY CODE SECTIONS 33391 AND 33037 The Tustin Community Redevelopment Agency (the "Agency") of the City of Tustin does hereby resolve as follows: I. The Agency finds and determines as follows: A. The Agency is engaged in implementation of the "Redevelopment Plan" for the Town Center Area Redevelopment Project (the "Redevelopment Project"); B. Section 33391 of the California Community Redevelopment Law (Health & Safety Code 33000, et seq.: "CRL") authorizes the Agency to purchase, lease, obtain an option upon, acquire by gift, grant, devise, or otherwise, any real or personal property, any interest in property, and any improvements on it for purposes of redevelopment; C. Section 33037(c) of the California Health and Safety Code declares as a policy of the State: "that the redevelopment of blighted areas and the provisions for appropriate continuing land use and construction policies in them constitutes public uses and purposes for which public money may be advanced or expended and private property acquired, and are governmental functions of state concern in the interest of health, safety, and welfare of the people of the State and of the communities in which the areas exist" D. The California Department of Transportation surplus parcel and adjacent properties located at the southwest corner of Newport Avenue and EI Camino Real in the Town Center Redevelopment Project Area are a blighting influence on the commuity, exhibiting both physical and economic blight such as building obsolescence, dilapidation or deterioration, incompatible uses inhibiting economic development of those parcels and other portions of the project area, and low lease rates resulting in stagnant property values and impaired investments in the project area. E. The payment of funds for the acquisition of the land with the intent to further redevelopment of the land and adjacent parcels will assist in the elimination of one or more blighting conditions inside the project area, and is consistent with the implementation plan adopted pursuant to Section 33490. Resolution No. RDA 04-06 Page 2 F. The proposed acquisition and redevelopment project is categorically exempt from the requirements of the Environmental Quality Act pursuant to Section 15332 (Class 32) of the California Code of Regulations, Title 14, Chapter 3 (Guidelines for California Environmental Quality Act). II. The Agency hereby finds and determines, based upon substantial evidence provided in the record before it: A. That the foregoing recitals are true and correct; and B. That the acquisition of land will assist in the elimination of blight in the Redevelopment Project area, and is consistent with the implementation plan adopted by the Agency for the Town Center Area Redevelopment Plan pursuant to Section 33490 of the CRL. PASSED, APPROVED AND ADOPTED at a regular meeting of the Tustin Community Redevelopment Agency held on the19th day of July, 2004. TONY KAWASHIMA CHAIRPERSON PAMELA STOKER City Clerk Resolution No. RDA 04-06 Page 3 STATE OF CALIFORNIA) ORANGE COUNTY ) CITY OF TUSTIN) I, Pamela Stoker, City Clerk and ex-officio Clerk of the Tustin Community Redevelopment Agency of the City of Tustin, California, do hereby certify that the whole number of the members of the Redevelopment Agency of the City of Tustin is five; that the above and forgoing Resolution No. RDA 04-06 was duly passed and adopted at a regular meeting of the Tustin Community Redevelopment Agency, held on July 19, 2004, by the following vote: BOARDMEMBER AYES: BOARDMEMBER NOES: BOARDMEMBER ABSTAINED: BOARDMEMBER ABSENT: PAMELA STOKER CITY CLERK S:\RDA\RDA resos\RDA 04-036Resolution Approving Acquisition of Real Propertytdoc