CDC - Item 2A - Mintues 1-8-080
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Minutes of the Regular Meeting
ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION
January 8, 2008
Chairman Tran called the regular meeting of the Rosemead Community Development
Commission to order at 6:03 p.m. in the conference room of City Hall, at 8838 E. Valley
Boulevard, Rosemead, California. The pledge to the flag was led by Chairman Tran and
Commissioner Clark 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. Minutes
November 20, 2007 - Special Meeting
B. Resolution No. 2007-26 Claims and Demands
Recommendation: Adopt Resolution No. 2007-26 for payment of
Commission expenditures in the amount of $24,817.00 demands no.
9329 through 9331.
The following Minutes were pulled for separate consideration
Commissioner Low asked for the minutes of September 25, 2007 get deferred to the
next meeting.
Commissioner Taylor felt it was critical that a sentence to the minutes of December 11,
2007 be added on page 4, second paragraph, regarding the Manarino Discussion;
where his letter stated that he would get tens of millions of dollars in subsidy for the
project and did not act in good faith.
Chairman Tran clarified to the Commission that the minutes of November 20 were ok for
approval and December 11, 2007 minutes can be approved with the changes added.
Vice-Chairman Nunez asked if the sentence added by Commissioner Taylor was
expressed in the last meeting.
Community Development Commission Minutes
Regular Meeting: January 8, 2008
Page 1 of 5
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Commission Secretary Molleda stated that she would refer back to the audio to confirm.
Commissioner Low asked that the minutes of December 11, 2007 be deferred for the
next meeting.
Chairman Tran asked the Commission to accept the minutes of November 20, 2007 and
consent calendar item B.
Commissioner Taylor made a motion, second be Commissioner Low to approve the
minutes of November 20, 2007 and item B. Votes resulted in:
Yes: Clark, Low, Nunez, Taylor, Tran
No: None
Abstain: None
Absent: None
3. MATTERS FROM THE CHAIRMAN & COMMISSIONERS
4. MATTERS FROM THE EXECUTIVE DIRECTOR & STAFF
A. Update on Status of Development Site at the Southwest Corner of
Rosemead Boulevard and Glendon Way
On December 11, 2007, the Rosemead Community Development
Commission ("CDC") directed staff to prepare an Exclusive Negotiating
Agreement (ENA) with Jacobsen Family Holdings, LLC for the
development of an 8.5-acre site located on the southwest corner of
Rosemead Boulevard and Glendon Way. Staff has worked with the
CDC's legal counsel and the developer to draft an ENA which is
acceptable to the City and developer. Highlights of the ENA include
• Initial negotiation period of 90 calendar days, subject to one (1) 90
calendar days extension period based on Jacobson Family
Holdings performance
• Commission will complete the Owner Participation process as soon
as staff receives a more detailed project description from Jacobsen
Family Holdings
• Jacobsen Family Holdings will be responsible for conducting all
test, investigations, surveys inquiries and due diligence, at no
Commission expense, to determine if the site is suitable and
appropriate for construction
• The ENA includes a proposed Schedule of Performance that would
be a trigger for deadlines during the negotiation period.
Community Development Commission Minutes
Regular Meeting: January 8, 2008
Page 2 of 5
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Recommendation: That the Rosemead Community Development
Commission approve the Exclusive Negotiating Agreement between the
Rosemead Community Development Commission and Jacobsen Family
Holdings for the development of a proposed project on the southwest
corner of Rosemead Boulevard and Glendon Way.
Executive Director Chi reiterated that in the last meeting the Commission asked staff to
prepare an Exclusive Negotiating Agreement (ENA) with Jacobsen Family Holdings for
the development located on the southwest corner of Rosemead Boulevard and Glendon
Way. Mr. Chi stated that the terms include a 90 day exploratory period to review the
potential development of the site and that the agreement was being presented to the
Commission for consideration. He also stated that a representative from the Jacobsen
Family Holdings was available in the audience to answer any questions.
Commissioner Taylor asked for clarification regarding the proposal of the ENA on page
1. Mr. Taylor stated that he was under the impression that there were only four parcels
and asked staff to clarify what the five parcels declared in the ENA where.
Assistant Executive Director Saeki stated that there are five parcels; the Levitz parcel,
another parcel within the Levitz parking unit, self storage, vacant lot, and hotel.
Chairman Tran asked for approval.
Vice-Chairman Nunez made a motion, second by Commissioner Low to approve the
Exclusive Negotiating Agreement with Jacobsen Family Holdings, LLC. Votes resulted
in:
Yes: Clark, Low, Nunez, Taylor, Tran
No: None
Abstain: None
Absent: None
Mr. Brad Talt, representative of Jacobsen Family Holding, asked Mr. Saeki to strike out
or reword "home improvement" on page 3 of the ENA on the first paragraph and maybe
add "national recognize retailer".
Assistant Executive Director Saeki clarified to the Commission that the sentence Mr.
Talt was asking to change was on top of page 3 section B under used. Mr. Saeki read
the sentence, "project consisting of at least a nationally recognized home improvement
tenant".
Commissioner Taylor stated that this had been discussed from the very beginning and
that the City needed a high sales tax producing business. On the last meeting he had
questioned a home improvement business because they are high producing sales tax.
Mr. Taylor stated that he was hesitant because a "national recognized company" could
mean anything and asked Mr. Talt for examples of what type of businesses would be
brought in.
Community Development Commission Minutes
Regular Meeting: January 8, 2008
Page 3 of 5
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Mr. Talt responded that they have talked to three New York stock traded national
tenants that would do like kind sales to Lowes at that particular location but stated that
he could not mention anyone in particular tonight. He added that due to the value of the
property they were only talking to national tenants and that there is interest by a 50
million dollar retailer.
Commissioner Taylor stated that staff had said in the past that Lowes was interested.
Mr. Tait responded that they talk to anybody and everybody and that it is better to have
a number of potentials. He added that they do not only want to put some home
improvement businesses and that there are some very exciting national retailers.
Commissioner Taylor would like to keep in mind that there are only three or four good
retail commercial sites; Temple City and Valley Boulevard, Rosemead Boulevard and
Glendon Way, and Garvey and San Gabriel. Mr. Taylor stated that he wouldn't like to
give up a few prime locations and turn them into retail mixed use with condominiums
because the city needs the sale tax.
Mr. Talt responded that all they do is build retail and that they have no interest to mixed
use.
Chairman Tran asked that the sentence in question be strike out.
Executive Director Chi asked if the Commission would be comfortable if staff had the
words "Home Improvement" taken out.
The Commission concurred.
Commissioner Taylor asked if the intent was for one business to occupy that.
Mr. Talt responded that it would probably be three tenants and that they would be
names that would be recognize.
Chairman Tran asked for the words "Home improvement" to be strike out.
Vice-Chairman Nunez made a motion, second by Commissioner Low to strike out the
words "Home improvement" from the ENA. Votes resulted in:
Yes: Clark, Low, Nunez, Taylor, Tran
No: None
Abstain: None
Absent: None
Executive Director Chi introduced new Liaison Lieutenant, Michael Oshea to the
community and the commission and thanked Sergeant TO Hoang for his service.
Community Development Commission Minutes
Regular Meeting: January 8, 2008
Page 4 of 5
5. ADJOURNMENT
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The Meeting adjourned at 6:16 pm. The next Community Development Commission
meeting will take place on January 22, 2008 at 6:00 pm.
Respectfully submitted: Approved:
Gloria Molleda John Tran
COMMISSION SECRETARY CHAIRMAN
Community Development Commission Minutes
Regular Meeting: January 8, 2008
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