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CDC - Minutes - 07-17-07• L MINUTES OF THE REGULAR MEETING ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION July 17, 2007 Chairman Tran called the regular meeting of the Rosemead Community Development Commission to order at 5:02 p.m. in the conference room of City Hall, 8838 E. Valley Boulevard, Rosemead, California. The pledge to the flag was led by Commissioner Clark and Commissioner Taylor led the invocation. ROLL CALL OF OFFICERS: Present: Commissioners Clark, Low, Taylor, Vice-Chairman Nunez, Chairman Tran Absent: None 1. PUBLIC COMMENTS FROM THE AUDIENCE - None 2. CONSENT CALENDAR A. Resolution No. 2007-13 Claims and Demands Recommendation: Adopt Resolution No. 2007-13 for payment of Commission expenditures in the amount of $22,360.50 demands 8146 through 8156. B. Minutes June 12, 2007 - Special Meeting Vice-Chairman Nunez made a motion, with a second by Commissioner Low to approve Resolution 2007-13 and the June 12, 2007 minutes with one minor typo correction. Vote resulted: Yes: Clark, Low, Nunez, Taylor, Tran No: None Abstain: None Absent: None June 26, 2007 - Regular Meeting Vice-Chairman Nunez made a motion, with a second by Commissioner Low to approve the June 26, 2007 minutes. Vote resulted: Yes: Low, Nunez, Taylor, Tran No: None Abstain: Clark Absent: None Community Development Commission Minutes 7117107 Page 1 of 5 0 • C. Glendon Way Redevelopment Project In December 2006, the Community Development Commission approved an Exclusive Negotiating Agreement (ENA) with YK America International Group (YK); a San Gabriel Valley based development company, to redevelop the 8 acre site at the southwest corner of Rosemead Boulevard and Glendon Way. Because of the lack of progress by YK over the last six (6) months, the Commission denied YK's request for an extension for their ENA on June 26, 2007. Over the past several weeks, staff has been talking with several larger developers who have shown interest in developing this site. Based upon relevant experience, financial capability, and an overall understanding of the complexities of a project of this magnitude, staff believes that Jacobsen Family Holdings, Manarino Reality, and Primestor Development Inc. are the most qualified. Recommendation: That the Commission select a developer for the Glendon. Way project and authorize the City Manager to enter into an ENA for a six (6) month period. Commissioner Taylor clarified that no action was taken at the last Closed Session on June 26, 2007 to deny the YK extension. Rather, the ENA was allowed to lapse. Mr. Taylor requested the record reflect this. Staff has been working with other development firms to potentially grant another ENA. Interim Community Development Director Saeki and Interim Executive Director Chi presented a summary regarding the three developers under consideration. Commissioner Taylor was hesitant to award the ENA to Manarino Realty as that firm recently requested an extension for their ENA at Temple City and Valley and results have not been reported yet for that project. Vice-Chairman Nunez made a motion to grant the ENA to the Primestor Development with a second by Commissioner Clark for six months because Primestor owns a big portion of the land already. Commissioner Low asked what the benefit of land ownership was. Interim Community Development Director Saeki explained the advantage. Commissioner Low advocated Manarino Realty because of their ability to leverage two sites. Mr. Saeki conceded this is a benefit and pointed out each of the three firms has Community Development Commission Minutes 7117107 Page 2 of 5 unique strengths and indicated it was up to the Commission to decide which firm presents the best package. Commissioner Taylor asked if developers are expecting a subsidy for the demolition of the building as this will determine total project cost to the City. Previous developer demands have included sales tax relief for 20 years, property tax rebate for 20 years and a $1.3 to $3 million subsidy on land purchase price. A representative from Jacobsen Family Holdings replied that it would be difficult to determine a subsidy request until tenants are determined to gauge costs. The representative from Jacobsen advised the Commission to endorse Primestor. The representative from Manarino Reality indicated it was difficult to pinpoint specifics, but felt some type of economic assistance will be needed. Vice-Chairman Nunez made a motion, with a second by Commissioner Clark to grant the ENA to Primestor as they own the Levitz property already and Mr. Saeki reported this is a major advantage for redevelopment efforts. Vote resulted: Yes: Clark, Low, Nunez, Taylor, Tran No: None Abstain: None Absent: None D. Community Development Commission Legal Counsel On June 26, 2007, the Rosemead Community Development Commission directed that a Request for Qualifications (RFQ) be distributed by the City Attorney to solicit firms to provide legal counsel services of land use, housing, and redevelopment related functions. A total of five (5) firms offered responses to the RFQ by the 5:00. p.m. submission deadline on July 16, 2007. Recommendation: That the Community Development Commission provide direction regarding the selection of legal counsel to provide land use, housing, and redevelopment related services. Commissioner Low requested to meet with each firm prior to making a decision Commissioners Clark and Taylor inquired about the need for a separate CDC attorney. Vice-Chairman Nunez replied that he made the motion to authorize a separate CDC attorney to address potential conflicts when the Commission borrows Community Development Commission Minutes 7117107 Page 3 of 5 • 0 money from the City and to provide a different point of view. Mr. Nunez pointed out his motion was approved by a majority of the Commission. Commissioner Taylor felt it has been legal, convenient and economic to have the same attorney represent both the City and CDC. Mr. Taylor suggested the City might double or triple legal expenses if a separate CDC attorney is chosen. Chairman Tran pointed out, although they were from the same firm, Mr. Wallin was the attorney for CDC and Mr. Kress was the attorney for the City in the past. Commissioner Low reminded the Commission that approval for a separate CDC attorney had already been given and the issue remaining was to determine the best way to choose a firm. Only one of the firms (Alvarez-Glassman) was in attendance at the meeting. Chairman Tran and Vice-Chairman Nunez both reported they were ready to choose an attorney without conducting interviews. Commissioner Taylor asked what the other four firms were told, as they were not at the meeting. Commission Attorney Garcia replied that no one was given notice of an interview. Commissioner Low made a motion, with a second by Commissioner Clark to invite the five law firms for interviews before the Commission on August 14, 2007 at 4:30 pm. Each interview will be scheduled for 15 minutes and will be conducted in open session. Vote resulted: Yes: Clark, Low, Taylor No: Nunez, Tran Abstain: None Absent: None 3. MATTERS FROM THE CHAIRMAN & COMMISSIONERS - None 4. MATTERS FROM THE EXECUTIVE DIRECTOR & STAFF A. Closed Session Conference with Real Property Negotiators (Government Code Section 54956.8) Under Negotiation - Price and terms of payment Property 8832 Glendon Way Property Owner RC&IGroup Negotiating Parties - Executive Director Deputy Executive Director Community Development Commission Minutes 7/17/07 Page 4 of 5 • 0 The Commission recessed at 5:50 pm to convene the City Council Meeting. The Community Development Commission reconvened at 7:05 to meet in closed session. At 7:20 pm the Commission emerged from closed session. Chairman Tran reported the Commission acted to authorize staff to enter negotiations to purchase 8832 Glendon Way. Vote resulted: Yes: Clark, Low, Nunez, Tran No: Taylor Abstain: None Absent: None 5. ADJOURNMENT The meeting adjourned at 7:21 pm. The meeting of July 24, 2007 has been cancelled due to a lack of quorum while the Community Development Commissioners attend the League of California Cities Mayors and Councilmembers Executive Forum. The next Community Development Commission meeting will take place on August 14, 2007 at 4:30 pm. Respectfully submitted: IL Nina Castruita COMMISSION SECRETARY APPROVED: a Joh an CH AI MAN Community Development Commission Minutes 7117107 Page 5 of 5 r~ STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. CITY OF ROSEMEAD ) ~J I, Nina Castruita, Commission Secretary for the City of Rosemead, do hereby certify that the minutes from July 17, 2007, were duly and regularly approved and adopted by the Rosemead Community Development Commission on the 14`h of August, 2007, by the following vote to wit: Yes: Low, Nunez, Tran No: Clark Absent: Taylor Abstain: None . "a Nina Castruita Commission Secretary