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OB - Item 3B - Long-Range Property Management PlanROSEMEAD OVERSIGHT BOARD STAFF REPORT TO: THE HONORABLE CHAIR AND BOARD MEMBERS FROM: MATTHEW HAWKESWORTH, ASSISTANT CITY MANAGER DATE: AUGUST 20, 2014 SUBJECT: LONG -RANGE PROPERTY MANAGEMENT PLAN SUMMARY Upon receiving the Finding of Completion from the Department of Finance (DOF), Successor Agencies were required to develop and approve a Long -Range Property Management Plan for the disposal of assets. Since the Rosemead Successor Agency did not have any assets to dispose, the DOF originally stated that a Long -Range Property Management Plan was not required. Recently the DOF contacted the City to request that a Resolution be approved stating the fact that there are no reportable assets for the Long - Range Property Management Plan. Staff Recommendation: That the Oversight Board approve Resolution 2014 -0009, approving the Long -Range Property Management Plan without any reportable assets. PUBLIC NOTICE PROCESS This item has been noticed through the regular agenda notification process in accordance with the Brown Act. Prepared by: Matthe Hahorth Assistant City Manager Attachments: Resolution 2014 -0009 ITEM NO. 3e) RESOLUTION: 2014 -0009 A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION APPROVING AND ADOPTING A LONG -RANGE PROPERTY MANAGEMENT PLAN PURSUANT TO HEALTH AND SAFETY CODE SECTION 34191.5 WHEREAS, Pursuant to Health and Safety Code Section 34173(d), the City of Rosemead ( "City") elected to become the successor agency to the Rosemead Community Development Commission ('Successor Agency "); and WHEREAS, Pursuant to Health and Safety Code Section 34173(g), the Successor Agency is now a separate legal entity from the City; and WHEREAS, Health and Safety Code Section 34191.5(b) requires the Successor Agency to prepare a long -range property management plan ( "Property Management Plan ") that address the disposition and use of real properties of the former redevelopment agency; and WHEREAS, the former Redevelopment Agency did not hold title to any real property; however, in order to comply with Health and Safety Code Section 34191.5(b), the Successor Agency has prepared a Property Management Plan indicating there are no real properties to be included in the Property Management Plan; and WHEREAS, all other legal prerequisites to the adoption of this Resolution have occurred. NOW THEREFORE, THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION HEREBY RESOLVES: 1. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference. 2. The approval of the Property Management Plan through this Resolution does not commit the Successor Agency to any action that may have a significant effect on the environment. As a result, such action does not constitute a project subject to the requirements of the California Environmental Quality Act. 3. The Oversight Board hereby approved the Property Management Plan, in substantially the form currently on file with the Secretary of the Oversight Board. 4. The Successor Agency is hereby authorized and directed to take any action necessary to carry out the purposes of this Resolution and comply with applicable law regarding the Property Management Plan, including submittal of the Property Management Plan to the State of California Department of Finance for approval, and posting the approved Property Management Plan on the Successor Agency's website. PASSED, APPROVED AND ADOPTED this 20th day of August 2014. Chairperson ATTEST: Matthew E. Hawkesworth Successor Agency Staff Assistant City Manager I HEREBY CERTIFY that the above and foregoing resolution was duly passed and adopted by the Oversight Board for the Successor Agency to the Rosemead Community Development Commission at its special meeting held on the 201" day of August 2014, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAINED: Matthew E. Hawkesworth Successor Agency Staff Assistant City Manager (D LONG -RANGE PROPERTY MANAGEMENT PLAN CHECKLIST Instructions: Please use this checklist as a guide to ensure you have completed all the required components of your Long -Range Property Management Plan. Upon completion of your Long -Range Property Management Plan, email a PDF version of this document and your plan to: Redevelopment—Administration@dof.ca.gov The subject line should state "[Agency Name] Long -Range Property Management Plan ". The Department of Finance (Finance) will contact the requesting agency for any additional information that may be necessary during our review of your Long -Range Property Management Plan. Questions related to the Long -Range Property Management Plan process should be directed to (916) 445 -1546 or by email to Redevelopment Administration(adof.ca.gov. Pursuant to Health and Safety Code 34191.5, within six months after receiving a Finding of Completion from Finance, the Successor Agency is required to submit for approval to the Oversight Board and Finance a Long Range Property Management Plan that addresses the disposition and use of the real properties of the former redevelopment agency. GENERAL INFORMATION: Agency Name: Successor Agency to the Rosemead Community Development Corporation Date Finding of Completion Received: April 13, 2013 Date Oversight Board Approved LRPMP: August 20, 2014 Long -Range Property Management Plan Requirements For each property the plan includes the date of acquisition, value of property at time of acquisition, and an estimate of the current value. ❑ Yes E No For each property the plan includes the purpose for which the property was acquired. ❑ Yes E No For each property the plan includes the parcel data, including address, lot size, and current zoning in the former agency redevelopment plan or specific, community, or general plan. ❑ Yes E No For each property the plan includes an estimate of the current value of the parcel including, if available, any appraisal information. ❑ Yes E No Page 1 of 3 For each property the plan includes an estimate of any lease, rental, or any other revenues generated by the property, and a description of the contractual requirements for the disposition of those funds. ❑ Yes ® No For each property the plan includes the history of environmental contamination, including designation as a brownfield site, any related environmental studies, and history of any remediation efforts. ❑ Yes ® No For each property the plan includes a description of the property's potential for transit - oriented development and the advancement of the planning objectives of the successor agency. ❑ Yes ® No For each property the plan includes a brief history of previous development proposals and activity, including the rental or lease of the property. ❑ Yes ® No For each property the plan identifies the use or disposition of the property, which could include 1) the retention of the property for governmental use, 2) the retention of the property for future development, 3) the sale of the property, or 4) the use of the property to fulfill an enforceable obligation. ❑ Yes ® No The plan separately identifies and list properties dedicated to governmental use purposes and properties retained for purposes of fulfilling an enforceable obligation. ❑ Yes ® No ADDITIONAL INFORMATION If applicable, please provide any additional pertinent information that we should be aware of during our review of your Long -Range Property Management Plan. Page 2 of 3 Agency Contact Infonnation Name: Matthew Hawkesworth Name: Gloria Molleda Tine: Asst. City Manager Tale: City Clerk Phone. 626 - 569 -2107 Phone: 626- 569 -2100 Email mhawkesworth @cityofrosemead.org Email. gmolleda @cityofrosemead.org Date: Aug. 20, 2014 Date. Aug. 20, 2014 Department of Finance Local Govemment Unit Use Only DETERMINATION ON LRPMP: ❑ APPROVED ❑ DENIED APPROVED /DENIED BY DATE: APROVAL OR DENIAL LETTER PROVIDED: ❑ YES DATE AGENCY NOTIFIED: Form DF -LRPMP (11115112) Page 3 of 3