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HomeMy WebLinkAboutSA_2013-08-13_AgendaPacketSPECIAL MEETING CITY OF ATASCADERO CITY COUNCIL IN THE CAPACITY OF SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO FOR REDEVELOPMENT AND HOUSING PURPOSES1 AGENDA Tuesday, August 13, 2013 (Immediately following the City Council Regular Session) City Hall Council Chambers 6907 El Camino Real Atascadero, California REGULAR SESSION – CALL TO ORDER: ROLL CALL: Mayor O’Malley Mayor Pro Tem Sturtevant Council Member Fonzi Council Member Kelley Council Member Moreno APPROVAL OF AGENDA: Roll Call 1 On January 10, 2012, the Atascadero City Council adopted Resolution No. 2012-002, electing to serve as the successor to the Community Redevelopment Agency of Atascadero for redevelopment purposes, and also elected to retain the housing assets and functions previously performed by the Community Redevelopment Agency of Atascadero. A. CONSENT CALENDAR: (All items on the consent calendar are considered to be routine and non-controversial by City staff and will be approved by one motion if no member of the Agency or public wishes to comment or ask questions. If comment or discussion is desired by anyone, the item will be removed from the consent calendar and will be considered in the listed sequence with an opportunity for any member of the public to address the Council conc erning the item before action is taken. DRAFT MINUTES: Successor Agency meeting draft minutes are listed on the Consent Calendar for approval of the minutes. Should anyone wish to request an amendment to draft minutes, the item will be removed from the Consent Calendar and their suggestion will be considered by the Successor Agency. If anyone desires to express their opinion concerning issues included in draft minutes, they should share their opinion during the Community Forum portion of the meeting.) 1. Successor Agency Special Meeting Draft Action Minutes – July 9, 2013  Recommendation: Council in the capacity of the Successor Agency to the Redevelopment Agency of Atascadero approve the Successor Agency Special Meeting Draft Action Minutes of July 9, 2013. [City Clerk] COMMUNITY FORUM: (This portion of the meeting is reserved for persons wanting to address the Board on any matter not on this agenda and over which the Board has jurisdiction. Speakers are limited to three minutes. Please state your na me and address for the record before making your presentation. The Board may take action to direct the staff to place a matter of business on a future agenda. A maximum of 30 minutes will be allowed for Community Forum, unless changed by the Board.) B. PUBLIC HEARINGS: None. C. MANAGEMENT REPORTS: 1. Long Range Property Management Plan Amendment  Fiscal Impact: None.  Recommendation: Successor Agency to the Community Redevelopment Agency of Atascadero adopt the Draft Resolution approving the Property Management Plan with the amendment by the Oversight Board for Successor Agency to the Community Redevelopment Agency of Atascadero and direct Staff to submit the amended Property Management Plan to the Department of Finance. BOARD ANNOUNCEMENTS AND REPORTS: (On their own initiative, the Board Members may make a brief announcement or a brief report on their own activities. Board Members may ask a question for clarification, make a referral to staff or take action to have staff place a matter of business on a future agenda. The Board may take action on items listed on the Agenda.) D. ADJOURNMENT ITEM NUMBER: SA A – 1 DATE: 08/13/13 Atascadero Successor Agency Draft Minutes July 9, 2013 Page 1 of 3 SPECIAL MEETING CITY OF ATASCADERO CITY COUNCIL IN THE CAPACITY OF SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO FOR REDEVELOPMENT AND HOUSING PURPOSES1 DRAFT ACTION MINUTES Tuesday, July 9, 2013 (Immediately following the City Council Regular Session) City Hall Council Chambers 6907 El Camino Real Atascadero, California REGULAR SESSION – CALL TO ORDER: Mayor O’Malley called the meeting to order at 8:05 p.m. ROLL CALL: Present: Council Members Kelley, Moreno, Fonzi, Mayor Pro Tem Sturtevant, and Mayor O’Malley Absent: None Others Present: City Clerk / Assistant to City Manager Marcia McClure Torgerson 1 On January 10, 2012, the Atascadero City Council adopted Resolution No. 2012-002, electing to serve as the successor to the Community Redevelopment Agency of Atascadero for redevelopment purposes, and also elected to retain the housing assets and functions previously performed by the Community Redevelopment Agency of Atascadero. ITEM NUMBER: SA A – 1 DATE: 08/13/13 Atascadero Successor Agency Draft Minutes July 9, 2013 Page 2 of 3 Staff Present: City Manager Rachelle Rickard, Acting Administrative Services Director Jeri Rangel, Public Works Director Russ Thompson, Police Chief Jerel Haley, Fire Chief Kurt Stone, Management Analyst Audrey Banks, and City Attorney Brian Pierik. APPROVAL OF AGENDA: MOTION: By Mayor Pro Tem Sturtevant and seconded by Council Member Fonzi to approve the agenda. Motion passed 5:0 by a roll-call vote. A. CONSENT CALENDAR: 1. Successor Agency Special Meeting Draft Action Minutes – October 9, 2012  Recommendation: Council in the capacity of the Successor Agency to the Redevelopment Agency of Atascadero approve the Successor Agency Special Meeting Draft Action Minutes of October 9, 2012. [City Clerk] 2. Successor Agency Draft Action Minutes – November 27, 2012  Recommendation: Council in the capacity of the Successor Agency to the Redevelopment Agency of Atascadero approve the Successor Agency Special Meeting Draft Action Minutes of November 27, 2012. [City Clerk] MOTION: By Council Member Fonzi and seconded by Mayor Pro Tem Sturtevant to approve the Consent Calendar. Motion passed 4:0 by a roll-call vote. (Moreno abstained as she did not attend the meetings.) COMMUNITY FORUM: None B. PUBLIC HEARINGS: None. ITEM NUMBER: SA A – 1 DATE: 08/13/13 Atascadero Successor Agency Draft Minutes July 9, 2013 Page 3 of 3 C. MANAGEMENT REPORTS: 1. Long Range Property Management Plan and Broker Opinion Of Value  Fiscal Impact: Depending upon the resolution of the dispute with FEMA, there may or may not be revenue from the sale of the temporary City Hall available to be distributed to affected taxing agencies per AB 1484. If the revenue is available to be distributed to the affected taxing agencies, the taxing agencies will receive their proportional share of the proceeds.  Recommendation: City Council, in the Capacity of Successor Agency to the Community Redevelopment Agency of Atascadero, adopt the Draft Resolution to submit the Long-Range Property Management Plan and Broker Opinion of Value to the Oversight Board. [City Manager] Management Analyst Audrey Banks gave the staff report and answered questions from the Council. PUBLIC COMMENT: None MOTION: By Mayor Pro Tem Sturtevant and seconded by Council Member Moreno to adopt the Draft Resolution to submit the Long-Range Property Management Plan and Broker Opinion of Value to the Oversight Board. Motion passed 5:0 by a roll-call vote. BOARD ANNOUNCEMENTS AND REPORTS: None D. ADJOURNMENT Mayor O’Malley adjourned the meeting at 8:12 p.m. MINUTES PREPARED BY: ______________________________________ Marcia McClure Torgerson, C.M.C. City Clerk / Assistant to the City Manager ITEM NUMBER: SA C - 1 DATE: 08/13/13 Successor Agency to the Community Redevelopment Agency of Atascadero Long Range Property Management Plan Amendment RECOMMENDATION: Successor Agency to the Community Redevelopment Agency of Atascadero adopt the Draft Resolution approving the Property Management Plan with the amendment by the Oversight Board for Successor Agency to the Community Redevelopment Agency of Atascadero and direct Staff to submit the amended Property Management Plan to the Department of Finance. DISCUSSION: On March 8, 2013, the City of Atascadero received a letter from the Department of Finance (DOF) notifying the City that a Finding of Completion has been granted. The letter specified that the Agency is required to submit a Long -Range Property Management Plan to the DOF for review and approval, per HSC section 34191.5 (b), within six months from the date of the letter. Atascadero’s Property Management Plan is due to the DOF by September 8, 2013. On July 9, 2013, the Successor Agency to the Community Redevelopment Ag ency of Atascadero voted to adopt a draft resolution to submit the Property Management Plan to the Oversight Board of the Successor Agency to the Community Redevelopment Agency of Atascadero. On July 19, the Oversight Board voted to amend the language i n the proposed recommendation for disposition for Asset #1, the Temporary City Hall. The proposed Property Management Plan originally had the following language : “In light of the pending dispute with FEMA regarding the temporary City Hall, the Recommendat ion is that the temporary City Hall be sold and that the sale proceeds be placed into a segregated account of the Successor Agency (“Segregated Account”) pending a resolution of the dispute with FEMA. Depending upon the resolution of the dispute with ITEM NUMBER: SA C - 1 DATE: 08/13/13 FEMA, there may or may not be revenue from the sale of the temporary City Hall to be distributed to affected taxing agencies per AB 1484.” The Oversight Board voted to approve the Property Management Plan with the amended language as follows: “In light of the pending dispute with FEMA regarding the temporary City Hall, the Recommendation is that the temporary City Hall be sold and that the sale proceeds be distributed to affected taxing agencies per AB 1484.” If the Successor Agency approves the current Prope rty Management Plan with the amended language that has been approved by the Oversight Board, the plan will immediately be submitted to DOF for approval. This will allow the Successor Agency to meet the six-month statutory cut-off for submission of a Property Management Plan. Failure to meet the statutory cut-off date could cause the Successor Agency to have to dispose of its real property without a comprehensive and coordinated plan, meaning that the disposition would be done “expeditiously” and in a mann er “aimed at maximizing value” as set forth in sections 34177 and 34181 of the Health & Safety Code. While this is not certain, the risk associated with it – the requirement to dispose of all property covered by the Property Management Plan without being able to control the disposition or direct the property toward buyers whose ownership will benefit the community – is great. Considering the other assets included in the Property Management Plan and the potential for a “fire sale” atmosphere if the Successor Agency misses the statutory deadline for submitting the Plan, it is in the best interest of the City to approve the Property Management Plan as amended for submission to the Department of Finance. FISCAL IMPACT: There is no fiscal impact of the Agency’s adoption of the recommended Resolution approving the Long-Range Property Management Plan. ATTACHMENTS: 1. Draft Resolution 2. Finding of Completion 3. Draft Long-Range Property Management Plan ITEM NUMBER: SA C - 1 DATE: 08/13/13 Attachment 1 DRAFT RESOLUTION RESOLUTION OF THE SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO, APPROVING THE AMENDMENT TO THE LONG-RANGE PROPERTY MANAGEMENT PLAN PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34191.5 WHEREAS, pursuant to Section 34191.5 of the California Health and Safety Code, City of Atascadero has prepared a Long-Range Property Management Plan, for purposes of submission to the State Department of Finance (“DOF”), the San Luis Obispo County administrative officer (“County Administrative Officer”), and the San Luis Obispo County Auditor-Controller (“County Auditor”); and, WHEREAS, The Successor Agency to the Community Redevelopment Agency of Atascadero has approved with the amendment from the Oversight Board for Successor Agency to the Community Redevelopment Agency of Atascadero, the proposed Long-Range Property Management Plan, for purposes of submission the State Department of Finance (“DOF”), the San Luis Obispo County administrative officer (“County Administrative Officer”), and the San Luis Obispo County Auditor-Controller (“County Auditor”); and, WHEREAS, this pre-approval by the Oversight Board still requires the Successor Agency to adopt the Property Management Plan as envisioned by the Oversight Board. NOW, THEREFORE, BE IT RESOLVED by the Successor Agency to the Community Redevelopment Agency of Atascadero hereby resolve as follows: Section 1. The Successor Agency hereby approves the amended Long-Range Property Management Plan Exhibit A. Section 2. The City Manager is hereby directed to submit the approved Long-Range Property Management Plan to the DOF. PASSED AND ADOPTED by the Successor Agency to the Community Redevelopment Agency of Atascadero on the 13th day of August, by the following vote: ITEM NUMBER: SA C - 1 DATE: 08/13/13 Attachment 1 AYES: NOES: ABSENT: ADOPTED: SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO By: ________________________________ Tom O’Malley, Mayor ATTEST: ___________________________________ Marcia McClure Torgerson, C.M.C., City Clerk ITEM NUMBER: SA C - 1 DATE: 08/13/13 Attachment 2 LONG-RANGE PROPERTY MANAGEMENT PLAN CITY OF ATASCADERO SUCCESSOR AGENCY JUNE 2013 Prepared By: KOSMONT COMPANIES 865 S. Figueroa Street, #3500 Los Angeles, CA 90017 Telephone: (213) 417-3300 www.kosmont.com Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 2 of 14 Table of Contents Section Page 1.0 Introduction ........................................................................................................................ 3 2.0 Long-Range Property Management Plan ......................................................................... 4 Asset #1: 6901 El Camino Real ........................................................................................... 7 Asset #2: Portable Building .................................................................................................. 7 Asset #3: Parking Lot Paving ............................................................................................... 8 Asset #4: Construction Access Easement ........................................................................... 9 Asset #5: Sunken Garden Improvements .......................................................................... 10 Asset #6: Zoo Improvements ............................................................................................. 11 Asset #7: Wayfinding Signs ............................................................................................... 12 Asset #8: Maiden Statue Repairs ....................................................................................... 13 3.0 Appendices ....................................................................................................................... 14 Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 3 of 14 1.0 Introduction 1.1 Background & Purpose Health and Safety Code Section 34191.5, added by AB 1484 (signed into law on June 27, 2012), requires each Successor Agency (“SA”) to prepare and approve a Long-Range Property Management Plan (“LRPMP”) that addresses the disposition and use of the real properties of the former redevelopment agency. Properties held by a successor agency cannot be disposed of until the State Department of Finance (“DOF”) has approved the LRPMP. This document is the LRPMP for the Successor Agency to the former Atascadero Community Redevelopment Agency. 1.2 Successor Agency Asset Summary There are eight (8) assets owned and controlled by the Successor Agency. Only one of the assets (Asset #1 in the list that follows) is a property that includes fee simple land. This property is designated to be liquidated through a disposition process. The remaining seven (7) assets include one (1) easement agreement and six (6) property improvements that are located on property owned by the City of Atascadero. # Address/Description APN Purpose Public Econ. Dev. Liquid. Enf. Oblig. 1 Property: 6907 El Camino Real 029-361-045 X 2 Improvements: Portable Building N/A X 3 Improvements: Parking Lot Paving N/A X 4 Easement: Construction Access N/A X 5 Improvements: Sunken Garden N/A X 6 Improvements: Zoo N/A X 7 Signage: Wayfinding Signs N/A X 8 Improvements: Maiden Statue Repairs N/A X Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 4 of 14 2.0 Long-Range Property Management Plan (PMP) Asset #1: 6901 El Camino Real Parcel Data – Asset #1 Address 6907 El Camino Real APN 029-361-045 Lot Size 2.26 acres Use Temporary City Hall Zoning DC (Downtown Commercial) General Plan Downtown (D) Current Title Former Redevelopment Agency Building Commercial building, currently used as a temporary City Hall facility; 31,436 square feet Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 5 of 14 Acquisition & Valuation Information – Asset #1 Purchase Date 12/21/2004 Purchase Price $2,984,661 (includes improvement and rehabilitation costs) Funding Source Tax increment / public Purpose Revitalization: Improvement of Retail District Estimate of Current Value $1.26 to $1.63 million Method of Valuation Broker Opinion of Value provided by Kosmont Realty Corp. Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 6 of 14 Revenues Generated by Property & Contractual Requirements – Asset #1 City / Successor Agency Lease Agreement In May 2005, a Lease Agreement was entered into between City of Atascadero and Atascadero Community Redevelopment Agency (CRA) for the temporary City Hall for a four year term. In February 2010, the City and CRA entered into another Lease Agreement for the temporary City Hall for the period of March 1, 2010 and expired on December 31, 2012. The Agreement continues today on a month-to-month basis. The consideration for the lease is $31,133.00 per month which was paid by the City to the CRA and to the Successor Agency of the CRA. The City received from the Federal Emergency Management Agency (FEMA) reimbursement for the rental payments that the City paid to CRA and to the Successor Agency. There is currently a dispute between the City and FEMA regarding the reimbursement payments which may impact the disposition of the sale proceeds of the temporary City Hall. History of Environmental Contamination or Remediation Efforts – Asset #1 None No history of contamination, designation as Brownfield site, or remediation Transit-Oriented Development & Advancement of Agency Planning Objectives – Asset #1 Potential for TOD Not applicable Agency Planning Objectives Continued public service as temporary City Hall for next 3 – 9 months, then disposition to-be-selected private owner that will attract retail user(s) Recommendation for Disposition – Asset #1 Dispose to Private Buyer Continued public service as temporary City Hall for next 3 – 9 months, then disposition to an owner that will attract retail user(s) which conforms to the adjacent uses in downtown Atascadero. In light of the pending dispute with FEMA regarding the temporary City Hall, the Recommendation is that the temporary City Hall be sold and that the sale proceeds be distributed to affected taxing agencies per AB 1484. Asset #2: Improvements – Portable Building Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 7 of 14 Asset Data – Asset #2 Address 6550 El Camino Real Current Title Improvements: Former Redevelopment Agency Land: City of Atascadero Building/Size Portable building, currently vacant; approximately 590 square feet Acquisition & Valuation Information – Asset #2 Purchase Date 3/24/2009 Purchase Price $10,400 Funding Source Tax increment / public Purpose Office space originally used for Chamber of Commerce and subsequently used by Main Street, a non-profit corporation. Estimate of Current Value $0 (or salvage value less removal/demolition costs); based on outdated condition of structure and need to remove it from City- owned property. Revenues Generated by Property & Contractual Requirements – Asset #2 City / Successor Agency Lease Agreement There is currently no active lease for the portable building which the Successor Agency controls and is located on City-owned property. The City desires that the building be removed from the property which will require the Successor Agency to pay the cost of having it demolished. This cost of demolition is estimated at $9,750. Recommendation for Disposition – Asset #2 Demolish This asset is beyond its intended period of utilization and needs to be demolished so that it no longer occupies City of Atascadero-owned land. The Successor Agency will need to fund the cost of demolition so that the City-owned property can return to its previous state prior to the Successor Agency-owned improvement being located there. The Successor Agency intends to include the cost of removal/demolition on the January – June 2014 Recognized Obligation Payment Schedule (ROPS). Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 8 of 14 Asset #3: Improvements – Parking Lot Paving Asset Data – Asset #3 Address 6005 EL Camino Real Current Title Land: City of Atascadero Improvements Asphalt paving on City-owned parking lot (approximately 16,000 square feet) Acquisition & Valuation Information – Asset #3 Improvement Date 1/5/2005 Improvement Price $215,944 Funding Source Tax increment / public Purpose Maintenance of parking lot that supports Downtown amenities Estimate of Current Value $0 (based on inability to sell on open market and ongoing maintenance costs) Revenues Generated by Property & Contractual Requirements – Asset #3 City / Successor Agency Agreement There is no revenue generated from the Successor Agency-owned improvements. There is an annual maintenance cost in the range of $2,500 annually and approximately $15,000 every 7 to 8 years for major maintenance. Recommendation for Disposition – Asset #3 Transfer to City as Public Use This asset is installed as an affixed improvement to the underlying land asset. As such it would have no value in the open market net of removal and replacement costs. The asphalt cover has ongoing maintenance costs. The City of Atascadero desires to take ownership of these improvements “as is” and will be responsible for ongoing maintenance and eventual replacement of the improvements. Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 9 of 14 Asset #4: Easement – Construction Access Asset Data – Asset #4 Address Atascadero Creek Reservation #3 Current Title Land: City of Atascadero Easement Right to use property owned by the City of Atascadero Acquisition & Valuation Information – Asset #4 Easement Date 6/28/2006 Easement Price $60,000 Funding Source Tax increment / public Purpose Access to neighboring bridge to conduct repairs. Estimate of Current Value $0 (based on inability to sell a property specific easement for access to bridge for construction purposes). Revenues Generated by Property & Contractual Requirements – Asset #4 City / Successor Agency Agreement There is no revenue generated from the easement held by the Successor Agency. Recommendation for Disposition – Asset #4 Discontinue Easement This asset would have no value in the open market and therefore it is best the easement be vacated in order to minimize confusion on the title to the City of Atascadero-owned property. Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 10 of 14 Asset #5: Improvements – Sunken Gardens Asset Data – Asset #5 Address 6505 El Camino Real Current Title Land: City of Atascadero Improvements Improvements to a City of Atascadero-owned park Acquisition & Valuation Information – Asset #5 Improvement Date 12/3/2005 Improvement Price $1,242,766 Funding Source Tax increment / public Purpose Improvements to a City-owned park that is located in the former Project Area such as sidewalk, streetscape, turf and irrigation improvements. Estimate of Current Value Improvements: $0 (based on inability to sell on open market and ongoing maintenance costs) Revenues Generated by Property & Contractual Requirements – Asset #5 City / Successor Agency Agreement There is no revenue generated from the Successor Agency-owned improvements. There is an annual maintenance cost in the range of $5,000, which is a proportional component of the $180,000 in total spent annually to maintain the park. Recommendation for Disposition – Asset #5 Transfer to City as Public Use This asset would have no value in the open market and has ongoing maintenance costs. The City of Atascadero desires to take ownership of these improvements “as is” and will be responsible for ongoing maintenance and eventual replacement of the improvements which are on City-owned land. Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 11 of 14 Asset #6: Improvements – Zoo Asset Data – Asset #6 Address 9100 Morro Rd Current Title Land: City of Atascadero Improvements Improvements to a City of Atascadero-owned zoo including entrance and restroom. Acquisition & Valuation Information – Asset #6 Improvement Date Entrance: 1/11/2010; Restroom: 9/4/2009 Improvement Price $1,097,012 Funding Source Tax increment / public Purpose Improving a City-owned zoo located adjacent to the former Project Area Estimate of Current Value Improvements: $0 (based on inability to sell on open market and ongoing maintenance costs) Revenues Generated by Property & Contractual Requirements – Asset #6 City / Successor Agency Agreement There is no revenue generated from the Successor Agency-owned improvements. Annual maintenance costs are approximately $29,000. Recommendation for Disposition – Asset #6 Transfer to City as Public Use This asset which is affixed to City-owned land would have no value in the open market and has ongoing maintenance costs. The City of Atascadero desires to take ownership of these improvements “as is” and will be responsible for ongoing maintenance and eventual replacement of the improvements. Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 12 of 14 Asset #7: Improvements – Wayfinding Signs Asset Data – Asset #7 Address Located throughout downtown area Current Title Land: City of Atascadero Improvements Wayfinding signs located throughout Downtown Acquisition & Valuation Information – Asset #7 Improvement Date 12/13/2007 Improvement Price $12,082 Funding Source Tax increment / public Purpose Installation of wayfinding signs located in the former Project Area Estimate of Current Value Improvements: $0 (based on inability to sell on open market and ongoing maintenance costs) Revenues Generated by Property & Contractual Requirements – Asset #7 City / Successor Agency Agreement There is no revenue generated from the Successor Agency-owned way finding signs with annual maintenance costs in the range of $1,500. Recommendation for Disposition – Asset #8 Transfer to City as Public Use This asset would have no value in the open market and has ongoing maintenance costs. The City of Atascadero desires to take ownership of these improvements “as is” and will be responsible for ongoing maintenance and eventual replacement. Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 13 of 14 Asset #8: Improvements – Maiden Statue Repairs Asset Data – Asset #8 Address 6505 El Camino Real Current Title Land: City of Atascadero Improvements Repairs to a City of Atascadero-owned statue Acquisition & Valuation Information – Asset #8 Improvement Date 3/29/2007 Improvement Price $104,273 Funding Source Tax increment / public Purpose Repairing a City-owned statue located in the former Project Area Estimate of Current Value Improvements: $0 (based on inability to sell on open market and ongoing maintenance costs) Revenues Generated by Property & Contractual Requirements – Asset #8 City / Successor Agency Agreement There is no revenue generated from the Successor Agency-owned improvements with annual maintenance cost in the range of $2,000. Recommendation for Disposition – Asset #8 Transfer to City as Public Use This asset would have no value in the open market and has ongoing maintenance costs. The City of Atascadero desires to take ownership of these improvements “as is” and will be responsible for ongoing maintenance and eventual replacement. Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 14 of 14 3.0 Appendices Appendix A: Relevant Sections of Community Redevelopment Agency Redevelopment Plan – May, 2003 (Originally Adopted July, 1999) Section 720 – GOALS, OJECTIVES AND PROGRAMS FOR INITIAL PLAN The Agency’s goals and objectives for the initial Implementation Plan for the Atascadero Redevelopment Project shall be as follows: 720.1 Improvement of the Downtown Area which is generally bounded by Highway 101, Highway 41, Bajada Avenue and Rosario Avenue. Potential project include the following: [Subset List] Expansion of entertainment facilities in the downtown including the expansion of the existing movie theater. The Agency will encourage and target entertainment facilities in the downtown to encourage public gatherings and informal uses of public spaces. Encouragement will include marketing for targeted uses, assisting in project planning and other activities to promote private investment. The Agency will also encourage the expansion of the existing theater complex in the downtown. The goal will be to continue to have the complex a community focal point, draw people to the downtown and expand the experience they have, maintain the facility in the downtown. Addition of anchor tenants to increase activity in the downtown. This project will include the Agency assisting in the attraction of major downtown tenants to stabilize the retail mix. The Agency may assist in marketing, planning and investment consistent with the Redevelopment Plan to capture tenants that will attract people to downtown. These tenants would include restaurants, entertainment and retail that attract people by the name of business practices. Improvements of and additions to the downtown streetscape. This project includes the improvement of public infrastructure to promote a downtown pedestrian atmosphere. Improvements include new sidewalks, street trees, landscaping, benches, waste cans, signs, etc. Façade Improvements in the downtown to capitalize on Atascadero’s character and improve the retail/pedestrian atmosphere. In this project, the Agency would work with individual property owners to improve the exterior appearances of buildings. Consistent with Downtown Master Plan, a design theme will be promoted to accentuate the Atascadero Colony and improve the pedestrian, retail climate. Participation will include façade easements, loans, designs, fee wavier etc. Aggregation of sites and buildings for a major employment, office or retail user. The Agency will assist major employers in locating suitable sites. This may include joining multiple properties to provide and appropriate sized parcel. The Agency will first look to the downtown area.