87-1215_CRA_Minutes_Regular Meeting61
DECEMBER 15, 1987
REGULAR MEETING OF THE SAN JUAN CAPISTRANO
COMMUNITY REDEVELOPMENT AGENCY
BOARD OF DIRECTORS
The Regular Meeting of the Board of Directors of the San Juan Capistrano Community
Redevelopment Agency was called to order by Chairman Hausdorfer at 9:00 p.m., in the
City Council Chamber.
ROLL CALL PRESENT: Gary L. Hausdorfer, Chairman
Kenneth E. Friess, Vice Chairman
(arrived at 8:03 p.m.)
Anthony L. Bland, Director
Lawrence F. Buchheim, Director
Phillip R. Schwartze, Director
ABSENT: None
STAFF PRESENT: Stephen B. Julian, Executive Director; Tom Tomlinson, City Planner;
Mary Ann Hanover, Agency Secretary; Robert G. Boone, Finance Officer; Glenn
Southard, Assistant City Manager; John R. Shaw, City Attorney; William D. Murphy,
Director of Public Works; Thomas L. Baker, Director of Community Services; Cheryl
Johnson, Recording Secretary.
PUBLIC HEARINGS
The Joint Public Hearing of the City Council and the Community Redevelopment Agency
was conducted by Mr. Bland acting as Mayor of the City.
1. JOINT PUBLIC HEARING OF
AND THE COMMUNITY RED
STRUCTURE IN
AND ASSOCIAT
%N JUAN CAPISTRANO
GENCY ON THE PROPOSED
PARKING
.UL L. FARBER
This Hearing was continued from the meeting of December 1, 1987, and was taken
out of order on the Agenda.
_Proposal:
Consideration of an Owner Participation Agreement for Community Redevelopment
Agency lease of a portion of the proposed parking structure at the Franciscan Plaza,
31781 Camino Capistrano. Upon expiration of the lease, a deed restriction will
insure that the parking will remain public in perpetuity. The lease will not add any
additional taxes or bonded indebtedness to residents or property owners of the
City. The project, as approved by the City, includes 18,500 square feet of
restaurant and specialty shops, a five -screen movie theatre complex, and a 410 -
space parking structure. The proposed agreement will provide the City with an
increase in available downtown parking, public improvements to Verdugo Street, and
a railroad platform in return for financial assistance to the project.
12/15/87
62
Applicant:
This was a City -initiated public hearing.
Written Communications:
(i Report dated December 15, 1987, from the Executive Director,
recommending approval of the Agreement. --
(2) Notebook containing:
(a) Council/Agency staff reports;
(b) Executive Summary - Owner Participation Agreement, Franciscan
Plaza Project;
(c) Reuse Appraisal, Franciscan Plaza Parking Structure, prepared by
Natelson, Levander, Whitney, Inc., stating the reuse value @
$14,904,040 as of November 2, 1987;
(d) Owner Participation Agreement between the Agency and the
Franciscan Plaza Investment Group; and,
(e) Council/Agency Resolutions.
Executive Summar .
The Executive Director made an oral report, advising that the Agency will lease the
structure for 55 years at a base rent of $1.00 for the first three rental periods of 6
months, 18 months, and 36 months after issuance of the Certificate of Occupancy,
and $1.00 per year thereafter. He described the Agency's obligations to pay for the
public's perpetual access to the facility in the form of supplemental rent payments.
The minimum supplemental rent will be $675,000; the maximum is $1,500,000. The
agreement also provides for maintenance of common areas at a maximum of $20,000
per year. There will be a charge for parking in the structure; the amount was
undetermined at this time. The parking structure is to be opened for use within 18
months of approval of the Owner Participation Agreement.
Public Hearin
Notice having been given as required by law, Mayor Bland opened the Public Hearing
and the following person responded:
(1) Paul Farber, 31885 Circle Drive, South Laguna, representing the
Franciscan Plaza Investment Group, advised he was present to answer
questions.
There being no further response, Mayor Bland closed the Public Hearing with the
right to re -open at any time.
Approval of Lease/Owner Participation Agreement
It was moved by Director Schwartze, seconded by Director Hausdorfer that the
following Resolution be adopted:
RESOLUTION NO. CRA 87-12-15-1 APPROVING
T R AQF 7OWNPR PARTICIPATION AGREEMENT FRANCISCAN
PLAZA - A RESOLUTION OF THE CITY COUNCIL Ot' rMr-
CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, APPROVING
THE LEASE OF CERTAIN PROPERTIES AND FACILITIES
WITHIN THE SAN JUAN CAPISTRANO CENTRAL
REDEVELOPMENT PROJECT AREA FROM FRANCISCAN
PLAZA INVESTMENT GROUP; AND, APPROVING THE OWNER
PARTICIPATION AGREEMENT PERTAINING THERETO
-2-
12/15/87
The motion carried by the following vote:
AYES: Directors Schwartze, Buchheim, Bland
and Chairman Hausdorfer
NOES: None
ABSENT: Director Friess
Councilman Friess arrived at 8:03 p.m.
MINUTES
Regular Meeting of December 1 1987:
It was moved by Director Buchheim, seconded by Director Bland, that the Minutes of the
Regular Meeting of December 1, 1987, be approved as submitted. The motion carried by
the following vote:
AYES: Directors Friess, Bland,
Buchheim, and Chairman Hausdorfer
NOES: None
ABSTAIN: Director Schwartze
ABSENT: None
BOARD ACTIONS
1. APPROVAL OF WARRANTS (300.30)
It was moved by Director Schwartze, seconded by Director Buchheim, and
unanimously carried to approve the List of Demands dated December 3, 1987,
Warrant Nos. 748-769, in the total amount of $3,827,180.85.
2. REPORT OF CASH FUND BALANCES (330.50)
It was moved by Director Schwartze, seconded by Director Bland, and unanimously
carried to approve the Report of Cash Fund Balances as of August 31, 1987, in the
amount of $40,717.73
CLOSED SESSION
The Board recessed at 9:02 p.m., to reconvene the City Council meeting. The Board
convened in a Closed Session at 9:37 p.m., for discussion of acquisition of the Old High
School Site and the Rosan Ranch property, the Agency Secretary being excused
therefrom, and reconvened at 10:30 p.m.
-3-
12/ 15187
ADJOURNMENT
There being no further business before the Board, the meeting was adjourned at 10:30
p.m., to the next regular meeting date of Tuesday, January 5, 1988, at 7:00 p.m., in the
City Council Chamber.
Respectfully submitted,
MARY A HANOV R, Ar.ENCY SECRETARY
ATTEST:
GA L. TFAUSDORFER, CHAIRN
12/15/87