PC - Item 3B - Resolution Finding that the Disposition of teh Glendon Hotel PropertyROSEMEAD PLANNING COMMISSION
STAFF REPORT
TO: THE HONORABLE CHAIRMAN AND MEMBERS OF THE ROSEMEAD
PLANNING COMMISSION
FROM: PLANNING DIVISION
DATE: JUNE 21, 2010
SUBJECT: RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF
ROSEMEAD FINDING THAT THE DISPOSITION OF THE GLENDON
HOTEL PROPERTY FROM THE ROSEMEAD COMMUNITY
DEVELOPMENT COMMISSION TO A PRIVATE PARTY IS
CONSISTENT WITH THE CITY OF ROSEMEAD'S GENERAL PLAN
SUMMARY
The Glendon Hotel site, located at 8832 Glendon Way, is an operational 53-room motel
(22,507 sq. ft.) on a property consisting of approximately 39,030 square feet and is
owned by the Rosemead Community Development Commission ("Commission"). The
original proposed development for which the Commission acquired the property is no
longer viable and the property is now considered surplus. The Commission recently
authorized staff to enter into negotiations for the sale of the property to Qiao Garden
Group Real Estate.
Prior to the Commission's sale of this site, a General Plan conformity finding is required
by the Planning Commission pursuant to Section 65402 of the Government Code which
provides that no real property shall be disposed of until the purpose and extent of such
disposition has been submitted to and reported upon by the Planning Agency as to
conformity with the adopted General Plan or part thereof. The site has a General Plan
designation of "Commercial" and it is currently a legal non-conforming use that is
permitted under the City of Rosemead's General Plan provided that no changes are
made to the property.
Staff Recommendation
Staff recommends that the City's Planning Commission adopt the attached resolution
finding that the proposed sale of the Glendon Hotel (8832 Glendon Way, Rosemead) is
in conformance to the City's General Plan.
ANALYSIS
On July 2, 2008, the Commission acquired the Glendon Hotel $4,336,243.84 using non-
restricted tax increment dollars to fund the transaction. The purchase of the Glendon
Hotel was originally part of an overall larger redevelopment project (the Glendon Way
Project). However, the Commission is no longer working on a conceptual development
Planning Commission Meeting
June 21, 2010
Page 2 of 2
plan for the Glendon Way Project and the property is no longer needed for the purposes
for which it was acquired. At its March 9, 2010 meeting, the Commission authorized
staff to advertise and solicit bids from qualified entities for the purchase of the Glendon
Hotel property through a Request for Proposal (RFP) process. On May 25, 2010, the
Commission approved an Exclusive Negotiating Agreement (ENA) with Qiao Garden
Group Real Estate Company, Ltd. for the development of a Purchase and Sale
Agreement.
The proposed sale of the Glendon Hotel property is consistent with the City of
Rosemead's General Plan. As noted above, the site has a General Plan designation of
"Commercial" and it is currently a legal non-conforming use that is permitted under the
City of Rosemead's General Plan provided that no changes are made to the property.
The sale of the Glendon Hotel property will facilitate the preservation and renovation of
an existing commercial activity which is consistent with the goals and objectives of the
City's General Plan.
FISCAL ANALYSIS
The sale of the property would generate onetime revenues of $4.4 million for the
Commission. In addition, future property tax increment revenues will accrue to the
Commission and TOT revenues will be realized by the City.
PUBLIC NOTICE PROCESS
This item has been noticed through the regular agenda notification process.
LEGAL REVIEW
The attached Resolution has been reviewed and approved by the Rosemead
Community Development Commission's Attorney.
Prepared by:
Michelle G. Ramirez
Economic Development Administrator
mitted by:
Community Dq~elopment Director
Attachment: Resolution No. 2010-19
RESOLUTION NO. 2010-19
RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF
ROSEMEAD FINDING THAT THE SALE OF THE GLENDON HOTEL
PROPERTY FROM THE ROSEMEAD COMMUNITY DEVELOPMENT
COMMISSION TO A PRIVATE PARTY IS CONSISTENT WITH THE
CITY OF ROSEMEAD'S GENERAL PLAN PURSUANT TO
GOVERNMENT CODE SECTION 65402
WHEREAS, the Rosemead Community Development Commission (the "Commission"),
will be considering the sale of approximately .9293 acres, commonly know as the
Glendon Hotel Property ("Property"), located at 8832 Glendon Way, Rosemead; APN
5390-018-904 to a private party pursuant to an agreement of purchase and sale
between the Commission and a private party under which the private party will operate
the Property as a hotel; and
WHEREAS, the Property has a General Plan designation of "Commercial"; and
WHEREAS, the Property is currently a legal non-conforming use that is permitted under
the City of Rosemead's General Plan provided that no changes are made to the
property; and
WHEREAS, Government Code Section 65402(a) provides that "if a general plan or part
thereof has been adopted... no real property shall be disposed of...if the adopted
general plan or part thereof applies thereto, until the location, purpose and extent of
such... disposition ...have been submitted to and reported upon by the planning agency
as to conformity with said adopted general plan or part thereof."; and
WHEREAS, the proposed sale of the Property to a private party has been submitted to
the Planning Commission for a report as to conformity with the City of Rosemead's
General Plan.
NOW, THEREFORE, BE IT RESOLVED by the Planning Commission of the City of
Rosemead as Follows:
Section 1. The Planning Commission hereby finds and determines that the
sale of the Property is consistent with the City of Rosemead's General Plan
designation of Commercial;
Section 2. The sale of the Property will facilitate the preservation and
renovation of an existing commercial activity which is consistent with the goals
and objectives of the City of Rosemead's General Plan.
Section 3. The Secretary shall certify to the adoption of this resolution and shall
transmit copies of same to the Rosemead City Clerk, the Rosemead Community
Development Commission, and the Rosemead City Council.
Resolution No. 2010-
Page 2
Section 4. This resolution is the result of an action taken by the Planning
Commission on June 21, 2010 by the following vote:
YES:
NO:
ABSENT:
ABSTAIN:
PASSED, APPROVED AND ADOPTED this 21St day of June 2010
William Alarcon, Chairman
CERTIFICATION
I hereby certify that the foregoing is a true copy of a resolution adopted by the Planning
Commission of the City of Rosemead at its regular meeting, held on the 21St day of
June, 2010 by the following vote:
YES:
NO:
ABSENT:
ABSTAIN:
Stan Wong, Secretary