Resolution Number SACRA 14-04-15-01 SUCCESSOR AGENCY RESOLUTION NO. 14-04-15-01
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE
SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT
AGENCY (1) APPROVING A PLAN FOR SPENDING EXCESS
TAX ALLOCATION BOND PROCEEDS, (2) AUTHORIZING A
BOND PROCEEDS EXPENDITURE AGREEMENT WITH THE
CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, TO
TRANSFER SUCH FUNDS TO THE CITY FOR BOND-ELIGIBLE
PURPOSES, (3) DIRECTING THE TRANSFER OF SUCH FUNDS
TO THE CITY, AND (4) MAKING CERTAIN FINDINGS IN
CONNECTION THEREWITH
WHEREAS, the City of San Juan Capistrano is a municipal corporation
organized and operating under the laws of the State of California; and,
WHEREAS, the Successor Agency is a public body, corporate and politic,
organized and operating under Part 1.85 of Division 24 of the Dissolution Act (defined
below); and,
WHEREAS, the San Juan Capistrano Community Redevelopment Agency
("former Agency") previously was a California public body, corporate and politic, duly
formed by the City Council of the City of San Juan Capistrano ("City Council") and was
organized, existed and exercised the powers of a community redevelopment agency
under the California Community Redevelopment Law, Health & Safety Code Section
�...; 33000, et seq.; and,
WHEREAS, Assembly Bill x1 26 ("AB x1 26"), effective on June 28, 2011, added
Parts 1.8 and 1.85 to Division 24 of the California Health & Safety Code and which laws
were modified, in part, and determined constitutional by the California Supreme Court in
the petition Califomia Redevelopment Association, et al. v. Ana Matosantos, et al., Case
No. S194861 ("Matosantos Decision"), which laws and court opinion caused the
dissolution of all redevelopment agencies and winding down of the affairs of former
redevelopment agencies; thereafter, such laws were amended further by Assembly Bill
1484 ("AB 1484") that was effective on June 27, 2012, (together AB x1 26, the
Matosantos Decision, and AB 1484 are referred to as the "Dissolution Act"); and,
WHEREAS, as of February 1, 2012, the former Agency became a dissolved
community redevelopment agency pursuant to the Dissolution Act; and,
WHEREAS, as of and on and after February 1, 2012, the Successor Agency is
performing its functions as the successor agency to the former Agency under the
Dissolution Act to administer the enforceable obligations of the former Agency and is
engaged in activities necessary and appropriate to wind down the affairs of the former
Agency, all subject to the review and approval by a seven-member Oversight Board
formed there under; and,
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WHEREAS, Section 34191.4(c) of the Dissolution Act allows a successor agency
that has received a Finding of Completion to use bond proceeds from bonds issued
prior to 2011 for the purposes for which the bonds were sold, provides that such
proceeds in excess of amounts needed to satisfy approved enforceable obligations shall
be expended in a manner consistent with the original bond covenants, and further
provides that such expenditures shall constitute "excess bond proceeds obligations"that
shall be listed separately on the successor agency's Recognized Obligation Payment
Schedule; and,
WHEREAS, the Successor Agency received its Finding of Completion under
Health and Safety Code Section 34179.7 from the California Department of Finance on
November 8, 2013; and,
WHEREAS, the California Community Redevelopment Law (Health and Safety
Code Section 33000, of seq.) provides for a cooperative relationship between cities and
their redevelopment agencies, as well as their successor agencies who have assumed
the duties and obligations of the former redevelopment agencies; and,
WHEREAS, under Health and Safety Code Section 33220, a city may aid and
cooperate in the planning, undertaking, construction, or operation of redevelopment
projects; and,
WHEREAS, Health and Safety Code Section 33220(e) specifically authorizes a
city to enter into an agreement with its redevelopment agency or any other public entity
to further redevelopment purposes; and,
WHEREAS, Health and Safety Code Section 34178(a) allows a successor
agency and its sponsoring city to enter into agreements, subject to Oversight Board
approval pursuant to Health and Safety Code Section 34180(h); and,
WHEREAS, the Successor Agency has and will have proceeds of its San Juan
Capistrano Community Redevelopment Agency, San Juan Capistrano Central
Redevelopment Project, 2008 Tax Allocation Bonds, Tax-Exempt Series A Bonds
(together with other funds described in the Agreement, "Bond Proceeds") that are not
otherwise obligated for a project or other enforceable obligation; and,
WHEREAS, the Successor Agency desires to transfer such Excess Bond
Proceeds (defined in the Agreement) to the City to enable the City to expend such
Excess Bond Proceeds for redevelopment purposes consistent with all applicable bond
covenants; and,
WHEREAS, the Successor Agency desires to transfer its Excess Bond Proceeds
to the City to enable the City to use such Excess Bond Proceeds in a manner consistent
with the original bond covenants and to undertake projects and programs that were not
previously funded and obligated by the Successor Agency or the City; and,
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WHEREAS, the City and Successor Agency staff have prepared a spending plan
for using such Excess Bond Proceeds ("Bond Spending Plan") to advance the City's
community development goals while maximizing fiscal and social benefits flowing to the
taxing entities from successful development; and,
WHEREAS, in order to facilitate the use of Excess Bond Proceeds consistent
with all applicable bond covenants, the Successor Agency and the City have negotiated
the terms of that certain Bond Proceeds Expenditure Agreement ("Agreement")
requiring the transfer of current and future excess bond proceeds by the Successor
Agency to the City, and the City's use of such proceeds consistent with all applicable
bond covenants; and,
WHEREAS, the Successor Agency and City intend that the Agreement shall
constitute an excess bond proceeds obligation within the meaning of Health and Safety
Code Section 34191.4(c) (2) (A) to be paid from Excess Bond Proceeds; and,
WHEREAS, the Successor Agency has listed obligations to be funded with
Excess Bond Proceeds on its Recognized Obligation Payment Schedule (ROPS) for
July 1, 2014, through December 31, 2014, (ROPS 14-15A) and upon receiving
Oversight Board approval and State Department of Finance approval will transfer
excess bond proceeds set forth therein; and,
WHEREAS, the Successor Agency desires to approve the Agreement and the
Bond Spending Plan in substantially the form attached hereto as Exhibits A and B,
j respectively.
NOW, THEREFORE, BE IT RESOLVED BY THE SUCCESSOR AGENCY TO
THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY:
Section 1. Each of the foregoing recitals are true and correct.
Section 2. The Successor Agency hereby finds and determines, based on all
evidence and testimony contained in the record before it, that the use of Excess Bond
Proceeds in accordance with the Bond Spending Plan to fund projects that involve City-
owned public buildings, facilities, structures, or other improvements is in accordance
with Health and Safety Code Sections 33445, 33445.1, and 33679 and other applicable
law.
Section 3. The Successor Agency hereby finds and determines, based on all
evidence and testimony contained in the record before it, as follows:
a. That the acquisition of land and the installation or construction of the projects
will be of benefit to the Successor Agency's redevelopment project area by
helping to eliminate one or more blight conditions within the project area;
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b. That due to fiscal constraints on the City's general fund and the high number
of capital projects competing for limited City funds, the City's Capital
Improvement Program budget is unable to provide funding for the projects,
and therefore no other reasonable means of financing the projects are
available to the City other than Successor Agency funding; and,
c. That the use of Excess Bond Proceeds for the projects listed in the Bond
Spending Plan is consistent with the implementation plan adopted for the
Successor Agency's redevelopment project area.
Section 4. The Successor Agency hereby approves the Bond Proceeds
Expenditure Agreement in substantially the form attached hereto as Exhibit A and
incorporated herein.
Section 5. The Successor Agency hereby approves the Bond Spending Plan
in substantially the form attached hereto as Exhibit B and incorporated herein. The
Successor Agency acknowledges that, pursuant to the terms of the Bond Proceeds
Expenditure Agreement, the City may amend the Bond Spending Plan, subject to
compliance with all applicable bond covenants.
Section 6. The Chairman of the Successor Agency is hereby authorized and
directed to execute the Bond Proceeds Expenditure Agreement in the form presented
herewith with such changes, insertions and omissions as may be approved by the
Executive Director, said execution being conclusive evidence of such approval.
Section 7. The Executive Director of the Successor Agency (or designee) is
hereby authorized and directed as follows:
a. List the Agreement, and the requirement to transfer excess bond proceeds
set forth therein, on the Successor Agency's Recognized Obligation Payment
Schedule for July 1, 2014, through December 31, 2014, CROPS 14-15K)
and any future Recognized Obligation Payment Schedule as necessary as an
obligation to be funded with Excess Bond Proceeds until approved by the
California Department of Finance; and,
b. Upon receiving approval from the California Department of Finance, transfer
all Excess Bond Proceeds to the City for use by the City in accordance with
the Bond Proceeds Expenditure Agreement and the Bond Spending Plan.
Section 8. This Resolution shall take effect immediately upon its adoption.
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APPROVED AND ADOPTED this 15th day of April 2014.
4Larryam Kr*am ,
Successor Agency to the San Juan Capistrano
Community Redevelopment Agency
(SEAL)
ATTEST:
Maria L. MbAls, 8eketary
Successor Agency to the Sa Ju n Capistrano
Community Redevelopment A cy
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, MARIA MORRIS, appointed Agency Secretary of the Board of Directors of the
Successor Agency to the San Juan Capistrano Community Redevelopment Agency, do
— hereby certify that the foregoing Resolution No. SACRA 14-04-15-01 was duly
adopted by the Cit Council Council of the City of San Juan Capistrano at a Regular meeting
thereof, held the 15 day of April 2014, by the following vote:
AY BOARD MEMBERS: Allevato, Taylor, Reeve, Byrnes and Chair Kramer
No
BOARD MEMBERS: None
AB SE BOARD MEMBERS: None
MARIAF48, Age 'Y Secretary
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BOND PROCEEDS EXPENDITURE AGREEMENT
This BOND PROCEEDS EXPENDITURE AGREEMENT ("Agreement") is entered
into as of AarA I S-" , 2014, by and between the CITY OF SAN JUAN CAPISTRANO,
a Califomia municipal corporation ("City"), and the SUCCESSOR AGENCY TO THE SAN
JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, a public body,
corporate and politic, and successor agency to the former San Juan Capistrano Community
Redevelopment Agency pursuant to Health and Safety Code Section 34173(a) ("Successor
Agency").
Recitals
A. The City is a municipal corporation organized and operating under the laws of
the State of California.
B. The Successor Agency is a public body, corporate and politic, organized and
operating under Part 1.85 of Division 24 of the Dissolution Act (as defined in Recital D
below).
C. The San Juan Capistrano Community Redevelopment Agency ("former
Agency") previously was a California public body, corporate and politic, duly formed by the
City Council of the City of San Juan Capistrano ("City Council") and was organized, existed
and exercised the powers of a community redevelopment agency under the California
Community Redevelopment Law, Health and Safety Code Section 33000, at seq.
D. Assembly Bill x1 26 ("AB x1 26"), effective on June 28, 2011, added Parts 1.8
and 1.85 to Division 24 of the California Health and Safety Code and which laws were
modified, in part, and determined constitutional by the California Supreme Court in the
petition California Redevelopment Association, at al. v. Ana Matosantos, et al., Case
No. S194861 ("Matosantos Decision"), which laws and court opinion caused the dissolution
of all redevelopment agencies and winding down of the affairs of former redevelopment
agencies. Thereafter, such laws were amended further by Assembly Bill 1484 ("AB 1484")
that was effective on June 27, 2012 (together AB x1 26, the Matosantos Decision, and AB
1484 are referred to as the "Dissolution Act"). All statutory references herein are to the
Dissolution Act unless otherwise stated.
E. As of February 1, 2012, the former Agency became a dissolved community
redevelopment agency pursuant to the Dissolution Act.
F. As of and on and after February 1, 2012, the Successor Agency is performing
its functions as the successor agency under the Dissolution Act to administer the
enforceable obligations of the former Agency and is engaged in activities necessary and
appropriate to wind down the affairs of the former Agency, all subject to the review and
approval by a seven-member"Oversight Board"formed there under.
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G. Section 34191.4(c)of the Dissolution Act allows a successor agency that has
received a finding of completion to use bond proceeds from bonds issued prior to 2011 for
the purposes for which the bonds were sold, provides that such proceeds in excess of
amounts needed to satisfy approved enforceable obligations shall be expended In a manner
consistent with the original bond covenants, and further provides that such expenditures
shall constitute "excess bond proceeds obligations" that shall be listed separately on the
successor agency's Recognized Obligation Payment Schedule ("ROPS").
H. The California Community Redevelopment Law (Health and Safety Code
Section 33000, et seq.) provides for a cooperative relationship between cities and their
redevelopment agencies, as well as their successor agencies who have assumed the duties
and obligations of the former redevelopment agencies. Under Health and Safety Code
Section 33220, a city may aid and cooperate in the planning, undertaking, construction, or
operation of redevelopment projects. Health and Safety Code Section 33220(e) specifically
authorizes a city to enter into an agreement with its redevelopment agency or any other
public entity to further redevelopment purposes. Health and Safety Code Section 34178(a)
allows a successor agency and its sponsoring city to enter into agreements, subject to
Oversight Board approval pursuant to Health and Safety Code Section 34180(h).
I. The Successor Agency has and will have proceeds of its San Juan
Capistrano Community Redevelopment Agency, San Juan Capistrano Central
Redevelopment Project, 2008 Tax Allocation Bonds, Tax-Exempt Series A Bonds (together
with other funds described in Section 2.1 below, "Bond Proceeds") that are not otherwise
obligated for a project or other enforceable obligation. The Successor Agency desires to
transfer such Excess Bond Proceeds (defined below) to the City to enable the City to
expend such Excess Bond Proceeds for redevelopment purposes consistent with all
applicable bond covenants.
J. The Successor Agency desires to transfer its Excess Bond Proceeds to the
City to enable the City to use such Excess Bond Proceeds in a manner consistent with the
original bond covenants and to undertake projects and programs that were not previously
funded and obligated by the Successor Agency or the City. The City has adopted a
spending plan for using such Excess Bond Proceeds ("Bond Spending Plan") to advance
the City's community development goals while maximizing fiscal and social benefits flowing
to the taxing entities from successful development. The City Council and Successor
Agency Board have found that the use of Excess Bond Proceeds in accordance with the
Bond Spending Plan to fund projects that involve City-owned public buildings, facilities,
structures, or other improvements is in accordance with Health and Safety Code Sections
33445, 33445.1, and 33679 and other applicable law. The Oversight Board has determined
that the expenditure of Excess Bond Proceeds in accordance with this Agreement will
benefit the affected taxing entities, and has approved the execution of this Agreement and
the transfer of Excess Bond Proceeds to the City for the purposes described herein.
K. In order to facilitate the use of Excess Bond Proceeds consistent with all
applicable bond covenants, the Successor Agency and the City have negotiated this
Agreement requiring the transfer of current and future excess bond proceeds by the
Successor Agency to the City, and the City's use of such proceeds consistent with all
applicable bond covenants. The parties Intend that this Agreement shall constitute an
excess bond proceeds obligation within the meaning of Health and Safety Code
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Section 34191.4(c)(2)(A) to be paid from Excess Bond Proceeds. With Oversight Board
u approval, the Successor Agency has listed this Agreement, and the requirement to transfer
excess bond proceeds herein, on its ROPS 14-15A for July 1 through December 31, 2014,
as an obligation to be funded with Excess Bond Proceeds and if not approved on ROPS 14-
15A will continue to list on subsequent ROPS until approved by the California State
Department of Finance.
NOW, THEREFORE, the parties hereto do mutually agree as follows:
1. RECITALS
The recitals above are an integral part of this Agreement and set forth the intentions
of the parties and the premises on which the parties have decided to enter into this
Agreement.
2. DEFINITIONS
For purposes of this Agreement, the following terms shall have the indicated
meaning:
2.1 "Dissolution Act" is defined in Recital D.
2.2 "Bond Proceeds" is defined in Recital H and also includes (1) proceeds from
tax allocation bonds issued on or before December 31, 2010, (2) rents, sale proceeds and
other revenues generated by properties acquired and/or improved with proceeds from tax
allocation bonds issued on or before December 31, 2010, (3) interest and principal paid on
loans funded by proceeds from tax allocation bonds issued on or before December 31,
2010, and (4) other income or revenues generated from assets acquired or funded with
proceeds from tax allocation bonds issued on or before December 31, 2010.
2.3 "Excess Bond Proceeds" mean Bond Proceeds that are not needed to satisfy
Enforceable Obligations listed on an approved ROPS.
2.4 "Enforceable Obligations" mean enforceable obligations, other than Excess
Bond Proceeds obligations, as defined under the Dissolution Act.
2.5 "Bond Spending Plan" is defined in Recital J.
3. SUCCESSOR AGENCY OBLIGATIONS
The Successor Agency shall have the following obligations under this Agreement:
3.1 CURRENT EXCESS BOND PROCEEDS. The Successor Agency shall
transfer to the City, no later than December 31, 2014, Excess Bond Proceeds currently held
by the Successor Agency in an amount not to exceed $1,980,000.
3.2 FUTURE EXCESS BOND PROCEEDS. The Successor Agency shall
transfer to the City all future Excess Bond Proceeds held or received by the Successor
Agency. Such future Excess Bond Proceeds shall include, without limitation, (1) Bond
Proceeds previously obligated to a project or other Enforceable Obligation that become
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unobligated for any reason, (2) Bond Proceeds that become available in the form of rents,
sale proceeds, loan repayments, or other revenues that are generated by properties or
other assets acquired and/or improved with Bond Proceeds and that are not otherwise
obligated to a project or other Enforceable Obligation, and (3)any other funds held by the
Successor Agency that qualify as Excess Bond Proceeds under this Agreement.
The parties intend that payments of future Excess Bond Proceeds be made to the
City as soon as possible after such Excess Bond Proceeds become available. The transfer
of future Excess Bond Proceeds to the City shall be made pursuant to an approved ROPS
within 30 days of the commencement of the relevant ROPS period. The Successor Agency
shall be responsible for ensuring that payments of future Excess Bond Proceeds to the City,
as such funds become available, are included on the next possible ROPS.
3.3 PROJECTS FUNDED BY EXCESS BOND PROCEEDS. The Successor
Agency assigns to the City all responsibilities in relation to the administration of any projects
or programs funded by Excess Bond Proceeds. The Successor Agency assigns to the City
all contracts entered into by the Successor Agency or the former Agency related to the
expenditure of Excess Bond Proceeds and any activities to be funded by Excess Bond
Proceeds, with the exception of those contracts relating to Enforceable Obligations, which
shall be retained by the Successor Agency.
4. CITY OBLIGATIONS
The City shall have the following obligations under this Agreement:
4.1 EXCESS BOND PROCEEDS. The City shall accept, hold, and disburse
Excess Bond Proceeds transferred to the City by the Successor Agency under this
Agreement, including current Excess Bond Proceeds and future Excess Bond Proceeds.
The City shall retain any Excess Bond Proceeds that it receives, such as revenue
generated from properties acquired or improved with Excess Bond Proceeds or payments
on loans funded from Excess Bond Proceeds, without any obligation to return such funds to
the Successor Agency, and shall use such funds for uses consistent with applicable bond
covenants.
The City may spend Excess Bond Proceeds received or retained under this
Agreement on any project, program, or activity authorized under the Bond Spending Plan.
Notwithstanding anything to the contrary in this Agreement or the Bond Spending Plan, the
City shall spend Excess Bond Proceeds consistent with the original bond covenants
applicable to the particular Excess Bond Proceeds. The City shall be solely responsible for
ensuring that Excess Bond Proceeds are maintained and spent in accordance with bond
covenants and other applicable laws. The City may transfer funds between approved
projects, programs and activities.
The City hereby assumes all contracts entered into by the Successor Agency or the
former Agency related to the expenditure of Excess Bond Proceeds-and any activities to be
funded by Excess Bond Proceeds, with the exception of those contracts relating to
Enforceable Obligations, which shall be retained by the Successor Agency. The City shall
perform its obligations hereunder, and under such assumed contracts, in accordance with
the applicable provisions of federal, state and local laws, including the obligation to comply
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with environmental laws such as CEQA, and shall timely complete the work required for
each project commenced by the City pursuant to this Agreement and the Bond Spending
Plan.
4.2 BOND SPENDING PLAN. The City shall be solely responsible for
maintaining and implementing the Bond Spending Plan. The City may amend the Bond
Spending Plan as the City deems necessary in its sole discretion. Any amendments to the
adopted Bond Spending Plan will consider uses that advance the City's community
development goals while maximizing fiscal and social benefits flowing to the taxing entities
from successful development. Notwithstanding any contrary provision hereof, unless the
City expressly agrees otherwise, the City shall not be obligated to provide funding for any
program or project in an amount exceeding the Excess Bond Proceeds provided to the City
pursuant to this Agreement.
5. ENTIRE AGREEMENT; WAIVERS;AND AMENDMENTS
5.1 This Agreement constitutes the entire understanding and agreement of the
parties with respect to the transfer and use of Excess Bond Proceeds. This Agreement
integrates all of the terms and conditions mentioned herein or incidental hereto, and
supersedes all negotiations or previous agreements between the parties with respect to the
subject matter of this Agreement.
5.2 This Agreement is intended solely for the benefit of the City and the
Successor Agency. Notwithstanding any reference in this Agreement to persons or entities
other than the City and the Successor Agency, there shall be no third party beneficiaries
under this Agreement.
5.3 All waivers of the provisions of this Agreement and all amendments to this
Agreement must be in writing and signed by the authorized representatives of the parties.
6. SEVERABILITY
If any term, provision, covenant or condition of this Agreement is held by a court of
competent jurisdiction to be invalid, void or unenforceable, the remainder of the provisions
shall continue in full force and effect unless the rights and obligations of the parties have
been materially altered,or abridged by such invalidation, voiding or unenforceability. In
addition, the parties shall cooperate in good faith in an effort to amend or modify this
Agreement in a manner such that the purpose of any invalidated or voided provision,
covenant, or condition can be accomplished to the maximum extent legally permissible.
7. DEFAULT
If either party fails to adequately perform an obligation required by this Agreement
within thirty (30) calendar days of receiving written notice from the non-defaulting party, the
party failing to perform shall be In default hereunder. In the event of default, the
non-defaulting party will have all the rights and remedies available to it at law or In equity to
enforce the provisions of this contract, including without limitation the right to sue for
damages for breach of contract or to seek specific performance. The rights and remedies
J of the non-defaulting party enumerated in this paragraph are cumulative and shall not limit
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the non-defaulting party's rights under any other provision of this Agreement, or otherwise
waive or deny any right or remedy, at law or in equity, existing as of the date of the
Agreement or hereinafter enacted or 'established, that may be available to the non-
defaulting party against the defaulting party.
8. BINDING ON SUCCESSORS
This Agreement shall be binding on and shall inure to the benefit of all successors
and assigns of the parties, whether by agreement or operation of law.
9. FURTHER ASSURANCES
Each party agrees to execute, acknowledge and deliver all additional documents and
Instruments, and to take such other actions as may be reasonably necessary to carry out
the intent of this Agreement.
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` In witness whereof, the undersigned parties have executed this Bond Proceeds Expenditure
Agreement as of the date first above written.
"CITY"
CITY OF SAN AN CAPISTRANO,
a municipal oration
By:
a Allevato, ayor
Appr v d s to
By:
Hans Van Llgtelf, City Attorney
"SUCCESSOR AGENCY"
SUCCESSOR AGENCY TO THE
SAN JUAN CAPISTRANO
COM ITY REDEVELO ENT AGENCY
Larry Kramer, Successor Agency Chairman
Appro d as to fo
By:
Thomes P. Clark, ucc sor cy Special Counsel
ATTE T:
By:
Maria Mo ri , City erk nd
Successor A ency 5earetary
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� , EXHIBIT B
L.�
BOND SPENDING PLAN
San Juan Capistrano Community Redevelopment Agency, San Juan Capistrano Central
Redevelopment Project, 2008 Tax Allocation Bonds, Tax-Exempt Series A Bonds
Project Description Amount
Verdugo Street Improvements $1,880,000
Verdugo Street is located in the Historic Downtown and is considered the
gateway to the downtown area from the San Juan Capistrano Train Station and
Historic Los Rios District. This project will be completed in 2 phases; Phase 1 -
consists of constructing streetscape and sewer line improvements along Arguello
Way, and Phase 2 - consists of constructing widened sidewalks, landscaping,
enhanced paving, storm drain improvements, lighting and street furniture along
Verdugo Street with enhanced traffic circulation and parking improvements within
the Town Center area. A preferred concept was approved by the City Council in
2013. The goal of the project is to project is to provide a more pedestrian friendly
and inviting entry into the City as identified in the Historic Town Center Master
Plan with previously designed enhancements to this street.
Downtown Sidewalk Improvements -Forster Street/Camino Capistrano $100,000
`--� This project will improve the sidewalk along Camino Capistrano from Del Obispo
Street just south of Forster St. to make it compliant with the Americans with
Disabilities Act (ADA compliant) and include brick pavers to match the sidewalks
at the other legs of the intersection of Del Obispo Street and Camino Capistrano.
The handicap ramps at the northeast corner of Del Obispo Street and Camino
Capistrano, and north and south of Forster Street will also be improved. A
sidewalk along the north side of Forster Street and associated striping
adjustments will also be constructed. Currently, there is no sidewalk along either
side of Forster Street. Pedestrians are walking in the street which is unsafe. The
project was partially funded ($100,000 for construction) by the former
Redevelopment Agency before its dissolution.
Total
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EXHIBIT B