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CDC - 2010-16 - Apprpriating $280, 000 for Expenditure ChangesRESOLUTION NO. 2010-16 A RESOLUTION OF THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION, ROSEMEAD, CALIFORNIA APPROPRIATING $280,000 FOR EXPENDITURE CHANGES Whereas, the FY 2009-10 budget was passed and adopted by the Community Development Commission on June 23, 2009; and Whereas, appropriations are the legal authority for redevelopment agencies to spend; and Whereas, as program and project plans change throughout the year, specific appropriations need to be amended to accommodate the changes; and Therefore, the following list amends the original budget to authorize spending for newly identified projects and program needs as well as implementation of inter-fund transfers: Increase/ Fund Organization Account Description (Decrease) APPROPRIATIONS CDC Cap Proj 4720 8995 Transfer to City Capital Projects Fund Total CDC Capital Projects Fund Total appropriations FUNDING SOURCE (MEMO) CDC Cap Proj Fund Balance (2006A bond procceds) 280,000 •280,000 $280,000 280,000 (Signatures on next page) PASSED, APPROVED AND ADOPTED this 11th day of May 2010. G TAYLOR CHAIRMAN ATTEST: \o~1t!, U~, I9 GLORIA MOLLEDA COMMISSION SECRETARY APPROVE AS TO FORM: JOSEPH M. MONTES COMMISSION ATTORNEY STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. CITY OF ROSEMEAD ) I, Gloria Molleda, Commission Secretary of the City of Rosemead, do hereby certify that the foregoing Resolution No. 2010.16 being: , A RESOLUTION OF THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION , ROSEMEAD, CALIFORNIA APPROPRIATING $280,000 FOR EXPENDITURE CHANGES was duly and regularly approved and adopted by the Rosemead Community Development Commission on the 11th of May, 2010, by the following vote to wit: Yes: Armenta, Clark, Low, Ly, No: Taylor Abstain: None Absent: None Gloria Molleda Commission Secretary ROSEMEAD CITY COUNCIL & COMMISSION STAFF REPORT TO: THE HONORABLE MAYOR AND CHAIRMAN AND MEMBERS OF THE CITY COUNCIL AND COMMUNITY DEVELOPMENT COMMISSION FROM: JEFF ALLRED, CITY MANAGER/EXECUTIVE DIRECTOR DATE: MAY 11. 2010 SUBJECT: PUBLIC HEARING ON THE CONSENT TO USE COMMUNITY DEVELOPMENT FUNDS FOR FUTURE CAPITAL IMPROVEMENT PROJECTS PURSUANT TO HEALTH & SAFETY CODE SECTIONS 33445 AND 33679 SUMMARY On March 9, 2010, the City Council unanimously approved the project list component of the Parks, Recreation and General Facilities Master Plan. Contained in the list are thirty-two identified projects within the City that are to be considered. There are ten projects that require the use of Commission funds. Redevelopment Law (Health and Safety Code Sections 33445 and 33679) requires that, if redevelopment funds are to be used to pay for improvements which will be publicly owned, both within and adjacent to the project area, the City Council and the Community Development Commission must list and describe the improvements and the costs associated therewith, as well as make the following findings: a) that the proposed improvements are of benefit to the Project Areas or the immediate neighborhood in which the projects are located; b) that there are no other reasonable means of financing for the proposed projects available to the community; c) that the projects will assist in the elimination of blighting conditions in the Project Areas and are consistent with the adopted 5-year Implementation Plan. Staff Recommendation Staff recommends the following: 1. That the Community Development Commission and City Council adopt Joint Resolution No. 2010-29 and CDC 2010-15 (Attachment A) making the appropriate findings under Health and Safety Code Section 33445; and That the Community Development Commission and City Council adopt Resolutions No. 2010-30 (Attachment B) and_CDC_No_20T0=T6](Attachment C) appropriating $280,000 from the existing 2006A Bond proceeds to fund the three urgent playground equipment projects listed as priorities 1 through 3 in this report. ITEM NO. _I APPROVED FOR CITY COUNCIL AGENDA: City Council/Community Development Commission Meeting May 11, 2010 Page 2 of 6 ANALYSIS The following is a detailed list of the projects included in the master plan that require funding through the Commission. As required under the Code, the detailed section for each project includes the total anticipated cost of the project including assumed interest of 6.0% for a term of 13 years. The cost estimate provided in the project title are the anticipated construction costs that have been discussed previously. 1. Replace equipment at Klingerman Park - $50,000 This project includes the removal of an existing playground (excluding swings) to be replaced with a new ADA accessible system and safety surfacing. This project will be completed as soon as possible to ensure that all safety concerns are resolved. A contract for the repairs and replacement will be brought to the Commission on May 25, 2010. The project estimate including all financing costs is $73,400 2. Replace northern equipment at Zapopan Park - $50,000 This project includes the removal of an existing playground to be replaced with a new ADA accessible system and safety surfacing. This project will be completed as soon as possible to ensure that all safety concerns are resolved. A contract for the repairs and replacement will be brought to the Commission on May 25, 2010. The project estimate including all financing costs is $73,400. 3. Replace playground equipment at Rosemead Park - $180,000 Project includes the removal of the existing hilltop and southern playgrounds to be replaced with new ADA accessible systems and safety surfacing. This project will be completed as soon as possible to ensure that all safety concerns are resolved. A contract for the repairs and replacement will be brought to the Commission on May 25, 2010. The project estimate including all financing costs is $264,300. 4. Construct Aquatic Center at Rosemead Park - $6,520,000 The project is a complete renovation of Rosemead Pool to include demolition of the entire existing facility and construction of new pool, deck area, shade structure and covered bleachers, turf area, chemical and mechanical systems, and bath house. Schematic design development is underway. The next phase of the project would include design development and construction documents, followed by construction. The project would take approximately six months to complete once design development is approved. The project estimate including all financing costs is $9,574,500. City Council/Community Development Commission Meeting May 11, 2010 Page 3 of 6 5. Expand Rosemead Community Center and parking Lot - $2.5 to $3.5 Million This project includes the creation of a civic center campus with increased and unified parking between City Hall, the library, and Rosemead Community Recreation Center, expanded pedestrian areas, landscape and lighting improvements, and a 2500 square foot expansion of the RCRC to include offices, teen center, and community computer lab as well as roof/HVAC repairs. Only such portions of the project as allowable under Redevelopment Law would be charged to the Community Development Commission. The project estimate including all financing costs are between $3,671,200 to $5,139,700. Develop a new neighborhood park at Rush and Walnut Grove - $500,000 Acquisition and development of a parcel currently owned by SCE as a neighborhood park to include turf and landscaped areas, playground, walking path, and benches. The project estimate including all financing costs is $734,250. Construct new restrooms at Zapopan Park - $212,000 Project includes the demolition and removal of the existing modular restroom at the park to be replaced with a 650 square foot structure. The project estimate including all financing costs is $310,200. Develop and install 10th Anniversary of 9/11 Memorial at Civic Center - $50,000 The project includes design, creation, and installation on the City Hall Plaza of a public art sculpture to commemorate the 10`h Anniversary of 9/11 using an artifact from the World Trade Center. The project estimate including all financing costs is $73,400. 9. Renovate fields at Rosemead Park - $196,000 to $784,000 The project includes grading and soil preparation of 400,000 square feet of turf area. To hydro-seed the area, the estimate is $196,000; the estimate to sod the same area is $784,000. The project estimate including all financing costs is between $287,850 and $1,151,400. 10. Replace/construct new preschool playground at Rosemead Park - $100,000 Project includes the removal of an existing preschool playground to be replaced with a new ADA accessible system, safety surfacing, and fencing. The project estimate including all financing costs is $146,850. In addition, the proposed Aquatics Center at Garvey Park can be constructed at an estimated cost of $3,320,000. The primary anticipated source of these funds is the repayment of an outstanding loan to the City's General Fund from the Community Development Commission's proposed bond proceeds. City Council/Community Development Commission Meeting May 11, 2010 Page 4 of 6 Health and Safety Code Sections 33445 and 33679 Findings and Requirements As stated above, Health and Safety Code Section 33445 requires that the City Council consent to the Commission expenditures for public improvement projects and that the Commission and Council find that: 1) The use of Commission funds is of benefit to the project areas. The Projects are of benefit to the Redevelopment Project Areas as they will improve community amenities for businesses and residences within the project areas. The ability to provide amenities to the community will help to improve property values and assist with the sale and resale of new and existing homes. Projects such as the development of the Aquatics Center or the expansion of the Rosemead Community Center will enhance the Project Area and will provide new resources. These projects will also assist in the growth of existing and new businesses by attracting additional patrons and residents to the project areas, thereby helping to reduce stagnant economic conditions. 2) There is no other reasonable means of financing the improvements. At this time, no other reasonable means of financing the Projects are available from the City as the City is using its funds to undertake other projects, services and public improvements throughout the City. The City's budget does not currently project any surplus which could be utilized for these improvements. Accordingly, bonding against current City revenues is also not an option. Further, given the current economic condition of California, the City believes that all fund reserves must be utilized for emergencies and further reductions in tax and other revenues to ensure that the City can continue to fund its basic ongoing services and maintain its existing facilities. Finally, given the current economic conditions in California, the City does not believe that any new taxes or assessments would receive the appropriate voter approval levels to finance these improvements. The only available funding source for the improvements is bonding which does not require that additional taxes be levied or additional assessments imposed. 3) Funding the project will assist in the elimination of one or more blighting conditions inside the project areas. The payment of funds for the Projects will assist in the elimination of blighting conditions inside the Redevelopment Project Areas by improving the appearance of community amenities and facilities in the City of Rosemead and Redevelopment Project Area. It is anticipated that such improved appearance and enhanced facilities will attract additional new investment into the project areas in terms of new businesses and improvements to existing businesses in light of additional residential patronage and use of these nearby public facilities-or at least minimize the likelihood of any continued City Council/Community Development Commission Meeting May 11, 2010 Page 5 of 6 decline of the project areas as a result of decreased patronage resulting from deteriorating public facilities in the project areas. 4) Consistency with 5-Year Plan The use of Commission funds for these Projects is consistent with the Commission's 5-year Implementation Plan (2009-2014). The Plan indicates the goal of eliminating blighting influences, including deteriorating buildings, incompatible land uses, obsolete structures, and other environmental, economic, and social deficiencies; improve the overall appearance of existing buildings, streets, parking areas and other facilities, public and private; and assure that all buildings, new and old, are safe for persons and business to occupy. Additional plan goals include providing new or improved public improvements and facilities, the absence or inadequacy of which constitute an economic liability of the City, are impediments to development, and which cannot be remedied by private or governmental action without redevelopment. The Implementation Plan also specifies capital improvement projects to improve the public infrastructure and facilities in the Project Areas. The plan specifically indentifies that the Commission may also assist in funding the construction of new and rehabilitated public facilities within or serving the Project Areas. Projects are intended to stimulate the growth of existing and new businesses and reduce stagnant economic conditions. Development of the Parks, Recreation, and General Facilities master plan has aided in identifying the public projects requiring rehabilitation. Section 33679 requires that a public hearing be held on the funding of the improvements. This staff report satisfies the requirements of section 33679 that a report be prepared and available prior to the public hearing. The report contains the required list of improvements, the costs associated therewith, the findings required by section 33445, and, as stated above, the redevelopment purpose for the funding of such facilities is the elimination of blight within the project areas. FISCAL IMPACT A request to appropriate $280,000 from the existing 2006A bond proceeds is included to expedite the work necessary to complete the work for the first three projects listed. Staff is not recommending a specific allocation for any others projects at this time, but will be bringing back the items individually for an allocation of funds and specific project approval. It is anticipated that there will be approximately $7 million of proceeds from the proposed 2010 Tax Allocation Bonds for the funding of the improvements described in this report. PUBLIC NOTICE PROCESS This item has been noticed as required by Health and Safety Code section 33679 and through the regular agenda notification process and a copy of this report has been available with the City Clerk's office since the date of the first public notice publication. City Council/Community Development Commission Meeting May 11, 2010 Page 6 of 6 Submitted by: vY-~ Matthew E. Hawkesworth Assistant City Manager Attachments: A - Joint City Council/Community Development Commission Resolution No. 2010-29 and CDC 2010-15 B - City Council Resolution No. 2010-30 C - Community Development Commission Resolution No. 2010-16