RDA MINS 20090317 SPC MINUTES
RANCHO PALOS VERDES REDEVELOPMENT AGENCY
SPECIAL MEETING
MARCH 17, 2009
The meeting was called to order at 7:35 P.M. by Chair Clark at Fred Hesse Community
Park, 29301 Hawthorne Boulevard, notice having been given with affidavit thereto on file.
Redevelopment Agency roll call was answered as follows:
PRESENT: Long, Wolowicz, and Chair Clark
ABSENT: Gardiner (excused) and Stern (excused)
Also present were Executive Director Carolyn Lehr; Assistant Executive Director Carolynn
Petru; Agency Attorney Carol Lynch; Director of Finance/IT Dennis McLean; Director of
Planning, Building, and Code Enforcement Joel Rojas; Director of Public Works Jim Bell;
Deputy Planning Director Greg Pfost; Deputy Director of Finance/IT Kathryn Downs;
Senior Planner Eduardo Schonborn; Senior Administrative Analyst Matt Waters; Senior
Administrative Analyst Sara Singer; and Agency Secretary Carla Morreale.
Also present were Tim Mullrenan, Financial Consultant with Tierra West and David
Yarden, Vice President and General Counsel with AMCAL Mirandela Fund, L.P.
Disposition and Development Agreement for a proposed Affordable Housing
Complex (Case Nos. ZON2008-00649 and SUB2008-00008) on RDA property located
at the northwest corner of Crestridge Road and Crenshaw Boulevard (1900)
Agency Secretary Morreale reported that notice of the public hearing was duly published,
late correspondence was distributed prior to the meeting, no written protests received, and
there was one request to speak on the item.
Chair Clark declared the public hearing open.
Deputy Planning Director Pfost provided a summary staff report and PowerPoint
presentation.
Discussion between the Redevelopment Agency and staff included the following topics: an
explanation that if the tax allocation of$5 million was not approved, the project would be
abandoned; the prospects of receiving the tax allocations; the integral part the tax
allocation plays in the project and the number of opportunities to apply for the tax credits;
and, the recent modifications to regulations and guidelines.
John Polen, Rancho Palos Verdes, outlined his reasons for opposing the project, including
concerns regarding the financial obligations and the length of time for the completion of the
project.
Discussion between Redevelopment Agency, staff, and the consultant included the
following issues: confirmation that $3.6 million worth of construction financing comes from
Affordable Housing Funds; concern regarding the completion of the project; funding
security mechanisms and incentives to see the project through to completion; and,
clarification regarding the role of the Redevelopment Agency in the financing and
development of the project.
Chair Clark declared the public hearing closed.
Additional discussion between the Redevelopment Agency, staff, and consultants included
the following topics: the schedule of performance included in the staff report; the Master
Schedule as illustrated in the presentation; clarification of terms in the summary;
commencement of the marketing and pre-leasing process near completion of the project
by utilizing the finished Community Recreation Room as a leasing office; marketing tools to
be used such as advertisements in local newspapers, establishment of waiting lists, start
of leasing three months prior to completion; the Peninsula Seniors group as resource for
prospective tenants; and, confirmation that three affirmative votes were needed for the
approval of this agenda item.
Member Long moved, seconded by Chair Clark, to approve the staff recommendation.
Member Long indicated that the project was necessary to comply with State law and would
give the City the most value for its restricted funds; the project would have a positive
impact on the community; and, while he acknowledged that there was no guarantee that
contractual requirements would be complied with, he believed that past performance was a
good indicator. He stated that this alternative provided the Redevelopment Agency the
ability to implement the project according to the City's local land use controls rather than in
some other manner.
Vice Chair Wolowicz clarified that while he had previously voted against the proposal due
to disagreement with the Regional Housing Needs Assessment (RHNA) laws and the
reaction of the surrounding neighborhoods, he would vote for the project to proceed with
the majority support of the Redevelopment Agency.
Chair Clark indicated support of the project as a way to serve the aging demographics of
the City and the State laws regarding affordable housing. He noted that the project once
completed will be a source of pride for the City.
Member Long moved, seconded by Chair Clark, to 1) Receive and file the "Summary
Report Pursuant to Section 33433 of the California Community Redevelopment Law on a
Disposition and Development Agreement by and between the Rancho Palos Verdes
Redevelopment Agency and AMCAL Mirandela Fund, L.P. including the "Reuse Analysis,
Mirandela Senior Housing Project, Rancho Palos Verdes, CA;" and, 2) ADOPT
RESOLUTION NO. 2009-18, A JOINT RESOLUTION OF THE CITY COUNCIL AND
REDEVELOPMENT AGENCY, ENTITLED: "A JOINT RESOLUTION OF THE CITY
COUNCIL OF THE CITY OF RANCHO PALOS VERDES AND THE RANCHO PALOS
VERDES REDEVELOPMENT AGENCY, MAKING CERTAIN FINDINGS AND
APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE
Redevelopment Agency Minutes
Special Meeting
March 17, 2009
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RANCHO PALOS VERDES REDEVELOPMENT AGENCY AND AMCAL MIRANDELA
FUND, LP.," PERTAINING TO THE DEVELOPMENT OF THE AGENCY'S CRESTRIDGE
PROPERTY.
The motion passed by the following City Council roll call vote:
AYES: Long, Wolowicz, and Chair Clark
NOES: None
ABSENT: Gardiner and Stern
The motion passed by the following Redevelopment Agency roll call vote:
AYES: Long, Wolowicz, and Chair Clark
NOES: None
ABSENT: Gardiner and Stern
RECESS THE REDEVELOPMENT AGENCY MEETING:
At 8:05 P.M. Chair Clark recessed the meeting of the Redevelopment Agency.
RECONVENED THE REDEVELOPMENT AGENCY MEETING:
Chair Clark reconvened the Redevelopment Agency meeting at 9:45 P.M.
JOINT CITY COUNCIL/REDEVELOPMENT AGENCY CLOSED SESSION REPORT:
City Attorney/Agency Attorney Lynch reported on the following item: Regarding the threat
of litigation by Ms. Joannou against the City and the Redevelopment Agency, the City
Council and the Redevelopment Agency Board considered a proposal by Ms. Joannou,
provided further direction to the City Attorney's Office, and no other action was taken, with
Councilmen/RDA Members Gardiner and Stern absent.
ADJOURNMENT:
Chair Clark adjourned the Redevelopment Agency meeting at 9:47 P.M.
•
Attest: Chair
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Agency Secretary
W:\City Council RDA Minutes\2009\20090317 RDA MINS.doc
Redevelopment Agency Minutes
Special Meeting
March 17, 2009
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