California Economic Development Conference. April 27, 2016
|
|
- Jeremy Mason
- 5 years ago
- Views:
Transcription
1 TURNING AGING PROPERTY INTO TREASURE: Public/private partnership between the City of La Habra and City Ventures and highlights economic impacts, legal framework and explore the relationship between how the two entities made it work. April 27, 2016 California Economic Development Conference
2 ABOUT CITY OF LA HABRA 2 General Law, Full Service City in North Orange County bordering Whittier, La Mirada, Buena Park, Fullerton, and Brea. Incorporated in La Habra means The Pass Through the Hills. City Motto: A Caring Community. Bedroom Community with no freeway access and some big-box retailers. Downey Collection Downey
3 ABOUT CITY VENTURES 3 Leaders in infill development in coastal supply constrained counties with vast experience in project design, entitlements, land development, and homebuilding. Fully integrated developer/builder specializing in mixed use, townhomes, single family detached and podium flats/townhomes. City Ventures works exclusively in California and has extensive experience with public/private joint ventures in Azusa, Alhambra, Bellflower, Buena Park, Long Beach, Morgan Hill, and Santa Ana. Downey Collection Downey
4 THE BIG IDEA! 4 Public agency owned assets are great opportunities for redevelopment in a post-redevelopment world. Public agency partnerships with private developers to execute challenging projects. Catalytic developments that enhance the community and encourage further private development.
5 OPPORTUNITIES AFTER RDA s 5 Cities and other public agencies across California have real property assets that are inefficient and/or outdated: Not historic, but old and built when land was not scarce. Types of real property assets: Civic Centers/City Halls Public Works Municipal Yards (city or school districts) Libraries Parking lots
6 CITY HALL OPPORTUNITIES IN CA incorporated cities in CA 124 incorporated after 1950 (25% of all cities). Assume that at least 60% of these have City Halls built between 1950 and Approximately incorporated before 1950 Assume that 15% have City Halls built between 1950 and Approximately 50 City Halls Approximately 125 City Halls across the State that could be included in a redevelopment project.
7 SURPLUS PROPERTY REQUIREMENTS 7 Government Code Local agencies disposing of "surplus land" must offer to sell the land to other public agencies an entities for lowmod housing, parks and recreation, school facilities, enterprise zones, and infill/transit projects. Required 90 day good faith negotiating period with interested buyers. What is "surplus land"? Public agency property that is no longer necessary for the agency's use, except property held for exchange.
8 8 EXPENDITURE OF PUBLIC FUNDS FOR ECONOMIC DEVELOPMENT Constitutional prohibition on "Gift of Public Funds" may restrict public agency sale of land for less than its fair market value. Best practice is to obtain appraisals for land sales. There is little statutory authority for local expenditures for economic development purposes. SB 470 of 2013 expresses legislative intent that economic development is a "public use and purpose", allows local governments to spend public funds to promote "economic opportunity," including agreements producing one job per $35K spent, agreements increasing property tax by 15%, affordable housing, sustainable community strategies projects, or transit projects. SB 562 of 2013 requires public hearing and report for "economic development subsidies" of $100,000 or more, including land price subsidies.
9 PREVAILING WAGES 9 Public agency assistance to a project may require the developer to pay prevailing wages for the project, including: Transfer of an asset of value for less than fair market price. Rents which are reduced or charged at less than fair market value.
10 10 ABOUT LA HABRA
11 11 ABOUT LA HABRA
12 12 ABOUT LA HABRA
13 ABOUT LA HABRA 13 Area 7 square miles Population 61,653 Median Income $60,954 Operating Budget $38,273,904 (FY 15/16) Full-time Positions 265
14 14 AERIAL OF EXISTING CIVIC CENTER
15 EXISTING CIVIC CENTER 15 Civic Center City Hall Police Station Library Post Office Veteran s Hall Historical Museum
16 EXISTING CITY HALL STATS 16 Old and Antiquated Built in years old (not historic) 21,110 square feet Outgrown Facilities: Deferred maintenance Lack of storage Limited office space Outdated infrastructure
17 17 PHOTO OF EXISTING CITY HALL
18 18 PHOTOS OF EXISTING CITY HALL
19 19 PHOTOS OF EXISTING CITY HALL
20 20 PHOTOS OF EXISTING CITY HALL
21 21 PHOTOS OF EXISTING CITY HALL
22 22 PHOTOS OF EXISTING CITY HALL
23 23 AERIAL OF TOWN CENTER (PRIOR)
24 TOWN CENTER STATS (PRIOR) 24 Town Center (2.0 acres) Office Building (0.72 acres) Bank Building (0.24 acres) Parking Lot (1.04 acres) (City Owned)
25 25 TOWN CENTER PRIOR TO CONSTRUCTION
26 26 TOWN CENTER PRIOR TO CONSTRUCTION
27 THE DEAL 27 Land Swap City buys existing buildings and land for $3.7 million. City Ventures buys 3.8 acre parcel for $5.5 million. Benefits City gets to expand City Hall from 21,000 to 47,000 sq. ft. City Ventures residential project grows from 47 to 71 units. Additional upgrades to the Civic Center area.
28 28 RESIDENTAL COMMUNITY
29 29 RESIDENTIAL ELEVATIONS
30 30 RESIDENTIAL ELEVATIONS
31 RESIDENTIAL OVERVIEW 31 Total Site: 3.8 acres 62 - Attached Townhomes 1,263 to 2,001 square feet 2-3 bedrooms 9 - Single Family Homes 1,575 to 1,941 square feet 3 bedrooms Ventura 19 homes per acre 2.5 Parking Spaces per home Santa Barbara
32 COMMUNITY FEATURES 32 Architectural style compatible with Community Center, new City Hall design, Children s Museum, and the La Habra Blvd. Specific Plan guidelines. Vibrant new walkable design that embraces the neighborhood rather than being walled off from Euclid and La Habra Blvd. Enhanced connection between El Centro Lions Park and Veteran s Hall/ Historical Museum with the Orange Street closure and improvements. All homes will be equipped with solar panels as a standard feature. Preservation of the mature Jacaranda trees next to the current City Hall. Housing solutions aimed at young professionals and Millennial homebuyers.
33 33 PLAN FOR NEW CITY HALL
34 34 NEW CITY HALL ELEVATIONS
35 NEW CITY HALL OVERVIEW 35 Audio/visual upgrade of Council Chambers Additional conference rooms for community use Room for growth Modernized office environment Multi-function lobby and events center Integration of U.S. Post Office Public open space for events
36 STRUCTURE OF EXCHANGE 36 Exchange closes prior to City Hall renovation City needs to lease old City Hall while constructing new City Hall. Developer provides promissory note for difference in land prices. Exchange closes after City Hall renovation City needs to lease new City Hall during construction, or Developer delivers a turnkey renovated new City Hall.
37 37 NON-SIMULTANEOUS EXCHANGE City purchases new City Hall parcel first. Developer purchase of old City Hall closes upon completion of renovation. Developer deposits $500,000 to minimize risk that second sale does not close.
38 38 RELOCATION ISSUES City leases portion of City Hall to U.S. Post Office and a nonprofit art association. City to negotiate relocation. Developer needs vacant old City Hall portion to develop the housing project.
39 CITY FINANCING 39 One-Time, Non-Reoccurring Funds Short Term Financing
40 PROJECT COST 40 1) Final Guaranteed Maximum Price $ 15,006,410 2) Furniture, Window Coverings & Interior Finishes $ 800,000 3) Library Parking Lot $ 59,919 4) New Monument Signs $ 14,708 5) File Storage Systems $ 142,000 6) Project Feasibility Analysis $ 632,654 7) Land Cost $ 3,696,000 8) Lease Financing Fees and Interest $ 100,000 9) Additional Project Contingency $ 300,000 Total Project Cost $ 20,751,691
41 FUNDING SOURCES 41 1) Sale of existing Civic Center Property $ 5,582,565 2) Cost Allocation to Park Impact Fees $ 2,367,487 3) FY 12/13 General Fund Capital Projects Funds $ 2,206,667 4) FY 13/14 General Fund Capital Projects Funds $ 1,713,033 5) FY 14/15 General Fund Capital Projects Funds $ 2,117,540 6) Sale of Women's Club $ 740,000 7) Allocation to non-general Fund Operations $ 659,456 8) IT Replacement Fund $ 300,000 9) Capital Improvement Fund $ 250,000 10) Special Revenue Funds $ 250,000 11) Permit/Plan Check Fees $ 977,293 12) City Ventures (Veteran's Hall/Museum Improvements) $ 86,734 13) Utility Authority Loan $ 2,000,000 14) General Fund Reserves $ 1,500,916 Total $ 20,751,691
42 CHALLENGES/LESSONS LEARNED 42 Time City wanted time to explore property swap. City Ventures accommodated and worked with City to bring this idea to fruition. City needed time to build City Hall. City Ventures willing to wait. Entitlement Risk City Ventures processed two residential development plans at once Finances City cobbled together one-time, non-reoccurring funds and City Ventures helped by contributing to the Veterans Hall. Development Agreement City needed to maintain cash flow and save money. City Ventures willing to sell their property in a non-simultaneous exchange to accommodate.
43 CHALLENGES/LESSONS LEARNED 43 U.S. Postal Services Negotiations with Post Office to relocate. Orange County Library Satisfying Library parking needs vs. wants. Scope Creep Managing layering on of additional items to the project. Consensus Getting senior staff/council onboard with a big project among many staff changes Relocation Risk Prior owner clearing tenants and City Ventures taking title to reduce City risk
44 44 PRIOR TO CONSTRUCTION
45 45 CONSTRUCTION PROGRESS
46 46 PRIOR TO CONSTRUCTION
47 47 CONSTRUCTION PROGRESS
48 QUESTIONS AND COMMENTS Andrew Ho Director of Community & Economic Development Ryan Aeh Vice President of Land Acquisitions Jon Goetz, Attorney at Law
ORIGINATED BY: Reuben J. Arceo, Community Development Director
PUBLIC HEARING City Council October 11, 2011 TO: FROM: City Council Thomas E. Robinson, City Manager ORIGINATED BY: Reuben J. Arceo, Community Development Director SUBJECT: RESOLUTION NO. 11-37 ADOPTING
More informationCity of Oakland Programs, Policies and New Initiatives for Housing
City of Oakland Programs, Policies and New Initiatives for Housing Land Use Policies General Plan Update In the late 1990s, the City revised its general plan land use and transportation element. This included
More informationCity of Stockton. Legislation Text AUTHORIZE ACQUISITION OF REAL PROPERTY LOCATED AT 501 AND 509 WEST WEBER AVENUE
City of Stockton Legislation Text File #: 17-3966, Version: 1 AUTHORIZE ACQUISITION OF REAL PROPERTY LOCATED AT 501 AND 509 WEST WEBER AVENUE RECOMMENDATION It is recommended that the City Council adopt
More informationHOUSING ELEMENT GOALS, OBJECTIVES, & POLICIES
HOUSING ELEMENT GOALS, OBJECTIVES, & POLICIES GOAL H-1: ENSURE THE PROVISION OF SAFE, AFFORDABLE, AND ADEQUATE HOUSING FOR ALL CURRENT AND FUTURE RESIDENTS OF WALTON COUNTY. Objective H-1.1: Develop a
More informationFY Housing Successor Agency Annual Report
Sonoma County Community Development Commission Sonoma County Housing Authority 1440 Guerneville Road, Santa Rosa, CA 95403-4107 FY 2013-14 Housing Successor Agency Annual Report Members of the Commission
More informationTrolley Residential Apartments Final Bond Authorization Loan Modification and Preliminary Bond Items February 13, 2015
Trolley Residential Apartments Final Bond Authorization May Trolley 8, 2015 Residential Loan Modification and Preliminary Bond Items February 13, 2015 Ted Miyahara Director of Housing Finance Real Estate
More informationJON E. GOETZ. Jon E. Goetz Principal. 707 Wilshire Boulevard, 24th Floor Los Angeles, CA T: F:
JON E. GOETZ Jon E. Goetz Principal 707 Wilshire Boulevard, 24th Floor Los Angeles, CA 90017 T: 213.626.2906 F: 213.626.0215 jgoetz@meyersnave.com Practice Groups Economic Development, Real Estate and
More informationPROPOSED METRO JOINT DEVELOPMENT PROGRAM: POLICIES AND PROCESS July 2015 ATTACHMENT B
PROPOSED METRO JOINT DEVELOPMENT PROGRAM: POLICIES AND PROCESS ATTACHMENT B TABLE OF CONTENTS I. INTRODUCTION / PURPOSE............................ 3 II. OBJECTIVES / GOALS..................................
More informationHousing Program Application (HOME & HTF) County of Bucks, Pennsylvania Housing Services
Housing Program Application (HOME & HTF) County of Bucks, Pennsylvania Housing Services Since 1989, Housing Services has been the comprehensive provider of funding for community development, housing and
More informationPost Redevelopment Economic Development and Financing
Post Redevelopment Economic Development and Financing Wednesday, May 8, 2013 General Session; 3:00 4:30 p.m. Murray O. Kane, Kane, Ballmer & Berkman League of California Cities 2013 Spring Conference Meritage
More informationRAM. full service car lot for sale. Real Estate Asset Management S. Decatur BLVD. las vegas, nevada 89102
RAM PRESENTED BY Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.
More informationPART ONE - GENERAL INFORMATION
Corrected Date: Page 7 Date of Submittal Changed to Coincide with Submittal Date on Page 5 PART ONE - GENERAL INFORMATION A. INTRODUCTION B. Background Miami Shores Village is soliciting responses to this
More informationTHE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE
BOARD AGENDA: 4/27/10 ITEM: 8.1 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE MEMORANDUM TO: HONORABLE MAYOR, CITY COUNCIL, AND AGENCY BOARD SUBJECT: SEE BELOW FROM: HARRY S. MAVROGENES EXECUTIVE DIRECTOR
More informationTHE CITY OF ALHAMBRA HOUSING SUCCESSOR AGENCY
Distribution Date: 12/22/2015 HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2014-2015 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f)
More informationMOTION NO. M Roosevelt Station Central TOD Site Property Transaction Agreements PROPOSED ACTION
MOTION NO. M2017-143 Roosevelt Station Central TOD Site Property Transaction Agreements MEETING: DATE: TYPE OF ACTION: STAFF CONTACT: Board 11/16/2017 Final Action Don Billen, Acting Executive Director,
More informationTHE CITY OF ALHAMBRA HOUSING SUCCESSOR AGENCY
Distribution Date: December 28, 2017 HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2016-2017 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION
More informationARLINGTON COUNTY, VIRGINIA. County Board Agenda Item Meeting of September 24, 2016
ARLINGTON COUNTY, VIRGINIA County Board Agenda Item Meeting of September 24, 2016 DATE: September 20, 2016 SUBJECT: Allocation of Fiscal Year 2017 Affordable Housing Investment Fund (AHIF) loan funds for
More informationFY Housing Successor Agency Annual Report
Sonoma County Community Development Commission Sonoma County Housing Authority 1440 Guerneville Road, Santa Rosa, CA 95403-4107 FY 2014-15 Housing Successor Agency Annual Report As of February 1, 2012,
More informationBOARD OF SUPERVISORS WORKSHOP PRESERVING HOUSING AFFORDABILITY OCTOBER 13, 2015
BOARD OF SUPERVISORS WORKSHOP PRESERVING HOUSING AFFORDABILITY OCTOBER 13, 2015 Photo Credit: Jeff Wong 3501 Civic Center Drive, Suite 308 San Rafael, CA 94903 415 473 6269 T / 415 473 7880 F Workshop
More informationFrequently Asked Questions
The City of Brockton recently unveiled three documents aimed at revitalizing our downtown. The Downtown Action Strategy sets a vision for downtown and lays out the actions needed to achieve that vision.
More informationHonorable Members of the Rules, Elections, Intergovernmental Relations and Neighborhoods Committee. Resolution (Ryu-Wesson) to OPPOSE SB 827 (Wiener)
REPORT OF THE CHIEF LEGISLATIVE ANALYST DATE: March 21, 201 8 TO: Honorable Members of the Rules, Elections, Intergovernmental Relations and Neighborhoods Committee FROM: Sharon M. Tso %Chief Legislative
More informationRESOLUTION NO. OB 14-02
RESOLUTION NO. OB 14-02 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE RANCHO CUCAMONGA REDEVELOPMENT AGENCY APPROVING THE AMENDED LONG-RANGE PROPERTY MANAGEMENT PLAN PREPARED BY THE
More informationREAL ESTATE DEVELOPMENT
Exclusive Listing / Multi-family Opportunity 1217 CEDAR AVENUE Long Beach, California / 14 Units OFFERED BY JMSred Table of Contents Property Highlights Property Description Property Location Property
More informationGoals, Objectives and Policies
Goals, Objectives and Policies 1. GOAL SUPPORT THE PROVISION OF DECENT, SAFE AND SOUND HOUSING IN A VARIETY OF TYPES, SIZES, LOCATIONS AND COSTS TO MEET THE NEEDS OF CURRENT AND FUTURE RESIDENTS OF UNINCORPORATED
More informationItem 7.1, June 29, 2004 ACQUISITION OF THE GLOBAL PHOTON PROPERTY FOR THE GUADALUPE RIVER PARK
Item 7.1, June 29, 2004 SUBJECT: ACQUISITION OF THE GLOBAL PHOTON PROPERTY FOR THE GUADALUPE RIVER PARK RECOMMENDATION (a) (b) It is recommended that the City Council and Redevelopment Agency Board approve
More informationTown of Yucca Valley GENERAL PLAN 1
Town of Yucca Valley GENERAL PLAN 1 This page intentionally left blank. 3 HOUSING ELEMENT The Housing Element is intended to guide residential development and preservation consistent with the overall values
More informationCASE SUMMARY Conditional District Zoning Modification Planning Commission January 9, 2013 CD M1212
CASE SUMMARY Conditional District Zoning Modification Planning Commission January 9, 2013 CD-3-109-M1212 Jim Diepenbrock, Associate Planner jim.diepenbrock@wilmingtonnc.gov 910-341-3257 Staff recommendation
More informationOctober 1, 2012 thru December 31, 2012 Performance Report
Grantee: Miami, FL Grant: B-08-MN-12-0016 October 1, 2012 thru December 31, 2012 Performance Report 1 Grant Number: B-08-MN-12-0016 Grantee Name: Miami, FL LOCCS Authorized Amount: $12,063,702.00 Estimated
More informationTHE CITY OF BELLFLOWER SUCCESSOR HOUSING AGENCY
HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2017-2018 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f) FOR THE CITY OF BELLFLOWER
More informationCreating a Brighter Future in the Post-Redevelopment Era
Creating a Brighter Future in the Post-Redevelopment Era Property Disposition Management Strategies & Policy Issues Sponsored by: Workshop Objectives AB 1484 offers an opportunity! At this workshop, we
More informationSUBJECT: Report Number PDC Acquisition of 20 Single Family Residences from the Housing Authority of Portland EXECUTIVE SUMMARY
DATE: May 28, 2008 TO: FROM: Board of Commissioners Bruce A. Warner, Executive Director SUBJECT: Report Number 08-69 PDC Acquisition of 20 Single Family Residences from the Housing Authority of Portland
More informationPORTER AVENUE VILLAS 1042 W PORTER AVE FULLERTON, CA Jon Davis, BRE# Vice President CalDRE #
PORTER AVENUE VILLAS 1042 W PORTER AVE FULLERTON, CA 92833 Jon Davis, BRE#01885959 Vice President 949.558.0302 jon.davis@svn.com CalDRE #01885959 SVN VANGUARD 120 W. 5TH STREET, SUITE 210, SANTA ANA, CA
More informationMidtown Housing Development (Phase I)
Midtown Housing Development (Phase I) MIDTOWN HOUSING DEVELOPMENT FIRST SOLAR POWERED, SUSTAINABLE GREEN, ENERGY EFFICIENT AFFORDABLE HOUSING DEVELOPMENT IN THE STATE OF MISSISSIPPI 1. PLANNING IMPORTANT
More informationNEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION POLICY REGARDING THE ACQUISITION AND DISPOSITION OF REAL PROPERTY
NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION POLICY REGARDING THE ACQUISITION AND DISPOSITION OF REAL PROPERTY I. Introduction In accordance with the requirements of Title 5-A of Article 9 and Section
More informationReal Estate Division. J.P. Correia Real Estate Manager. Real Estate Division
Mayberry Townhomes February 13, 2015 Ann Kern Vice President, Real Estate Finance & Program Development Real Estate Division J.P. Correia Real Estate Manager Real Estate Division Recommendations 1. Approve
More informationDensity Bonus and Community Benefits Policy
Density Bonus and Community Benefits Policy Endorsed: May 25, 2015 1. Introduction This document serves as a guide for the consideration of density bonuses within the framework of the Official Community
More informationSanta Monica Property For Sale: Mixed-Use/Retail Commercial District Main St., Santa Monica, CA Serving the Westside since 1962!
Santa Monica Property For Sale: Mixed-Use/Retail Commercial District 2651 Main St., Santa Monica, CA 90405 Sullivan-Dituri Company 2111 Wilshire Blvd Santa Monica, CA 90403 Tel: 310.453.3341 WIlliam Dawson
More informationCITY COUNCIL AGENDA REPORT
L.4 CITY COUNCIL AGENDA REPORT TYPE OF ITEM: Report AGENDA ITEM NO.: 4 DATE: May 22, 2018 TO: City Council Successor Agency THROUGH: Scott Whitney Interim City Manager FROM: Kymberly Horner Economic Development
More informationMETRO JOINT DEVELOPMENT PROGRAM: POLICY Updated January 2017
METRO JOINT DEVELOPMENT PROGRAM: POLICY TABLE OF CONTENTS I. INTRODUCTION / PURPOSE............................ 3 II. OBJECTIVES / GOALS.................................. 4 III. POLICIES............................................
More informationPalmdale Redevelopment Successor Agency
Independent Accountants' Report on Applying Agreed-Upon Procedures pursuant to AB 1484 (Low and Moderate Income Housing Fund) Vavrinek, Trine, Day & Co., LLP Certified Public Accountants VALUE THE DIFFERENCE
More informationHousing Assistance Incentives Program
Housing Assistance Incentives Program Adopted on March 28, 2016 Resolution No. 84-16 Table of Content Overview. 2 Definitions.. 2 Housing Assistance Incentives 5 Housing Trust Fund.. 7 City Owned Properties
More informationSAN JOSE CAPITAL OF SILICON VALLEY
CITY OF SAN JOSE CAPITAL OF SILICON VALLEY TO: HONORABLE MAYOR, CITY COUNCIL AND SUCCESSOR AGENCY BOARD SUBJECT: SEE BELOW COUNCIL AGENDA: 10/6/15 ITEM: Cj_ 2 Memorandum FROM: Richard A. Keit Jacky Morales-Ferrand
More informationWashington County CDBG/HOME Application for Funds
Washington County CDBG/HOME Application for Funds Washington County Community Development Agency 2018 Community Development Block Grant (CDBG) & Home Investment Partnerships Program (HOME) Funds Applicant
More informationMINISTRY OF SUSTAINABLE RESOURCE MANAGEMENT
The mission of the Ministry of Sustainable Resource Management is to provide provincial leadership, through policies, planning and resource information, to support sustainable economic development of the
More informationREAL PROPERTY DEVELOPMENT & MANAGEMENT
REAL PROPERTY DEVELOPMENT & MANAGEMENT The Real Property Development and Management (RPDM) group plans, secures and manages Metropolitan s real property assets, proactively seeking to enhance revenue while
More informationTHE EFFECTS OF THE PUBLIC SECTOR SPENDING CUTS SINCE 2010 ON ASSET MANAGEMENT
THE EFFECTS OF THE PUBLIC SECTOR SPENDING CUTS SINCE 2010 ON ASSET MANAGEMENT Jane Taylor, CIPFA Property Jane Taylor is a Property Advisor within the CIPFA group with a remit for helping practitioners
More informationINDEPENDENT FINANCIAL AUDIT REPORT OF THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR PURSUANT TO SECTION 34176
INDEPENDENT FINANCIAL AUDIT REPORT OF THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2014-2015 PURSUANT TO SECTION 34176.1(F) OF THE CALIFORNIA HEALTH AND SAFETY CODE FOR THE CITY OF CLAREMONT
More informationHardwick State of the Town Forum & Charrette Summary
Hardwick State of the Town Forum & Charrette Summary May 2014 Introduction The purpose of this report is to summarize the positions of approximately 50 residents of Hardwick provided at a State of the
More informationCivic San Diego Affordable Housing Master Plan
Civic San Diego Affordable Housing Master Plan San Diego Housing Commission April 12, 2013 Affordable Housing Master Plan Guiding Principles 1. Maximize quality unit production with limited resources 2.
More informationPreserving and Increasing Affordable Housing Stock
Preserving and Increasing Affordable Housing Stock Opening Doors Conference November, 2018 Prepared by Altus Group Economic Consulting Affordable Housing for Whom? Shelters Temporary shelter food and other
More informationThe Downtown Lowell Renaissance
Downtown City of Adam Baacke Assistant City Manager Director of Planning and Development December 5, 2008 Connecticut Main Street Center Industrialization of in the 1970s in the 1970s A New Vision Historic
More informationAB 346 (DALY) REDEVELOPMENT: HOUSING SUCCESSOR: LOW AND MODERATE INCOME HOUSING ASSET FUND JOINT AUTHOR ASSEMBLYMEMBER BROUGH
AB 346 (DALY) REDEVELOPMENT: HOUSING SUCCESSOR: LOW AND MODERATE INCOME HOUSING ASSET FUND JOINT AUTHOR ASSEMBLYMEMBER BROUGH IN BRIEF Assembly Bill 346 would authorize a housing successor to use funds
More informationFORMATION OF THE RENEWAL ENTERPRISE DISTRICT JOINT POWERS AUTHORITY
FORMATION OF THE RENEWAL ENTERPRISE DISTRICT JOINT POWERS AUTHORITY CITY COUNCIL DECEMBER 4, 2018 David Guhin Assistant City Manager / Director Planning and Economic Development 1 HOUSING NEED 2000 1800
More informationFIVE YEAR IMPLEMENTATION PLAN THROUGH
FIVE YEAR IMPLEMENTATION PLAN 2009 10 THROUGH 2013 14 REDEVELOPMENT AGENCY OF THE CITY OF AZUSA Urban Futures Incorporated 3111 North Tustin, Suite 230, Orange, CA 92865 Phone: (714) 283-9334 Fax: (714)
More informationCity of Watsonville Community Development Department M E M O R A N D U M
CITY COUNCIL 9.A.1. City of Watsonville Community Development Department M E M O R A N D U M DATE: February 8, 2016 TO: FROM: SUBJECT: Charles A. Montoya, City Manager Keith Boyle, Acting Community Development
More informationCITY OF OAKLAND IMPACT FEE ANNUAL REPORT FOR: Fiscal Year Ended June 30, 2018
CITY OF OAKLAND IMPACT FEE ANNUAL REPORT FOR: AFFORDABLE HOUSING, JOBS/HOUSING, TRANSPORTATION, & CAPITAL IMPROVEMENTS IMPACT FEES Fiscal Year Ended June 30, 2018 December 18, 2018 TABLE OF CONTENTS I.
More informationFLORENCE NEIGHBORHOOD REVITALIZATION
FLORENCE NEIGHBORHOOD REVITALIZATION South Carolina American Planning Association Conference Fall 2015 AGENDA Introductions Project Overview Planning Goals Process Recommendations Implementation Questions
More informationSubject. Date: 2016/10/25. Originator s file: CD.06.AFF. Chair and Members of Planning and Development Committee
Date: 2016/10/25 Originator s file: To: Chair and Members of Planning and Development Committee CD.06.AFF From: Edward R. Sajecki, Commissioner of Planning and Building Meeting date: 2016/11/14 Subject
More informationAffordable Housing Action Plan
Affordable Housing Action Plan Increasing affordable housing in Charlotte-Mecklenburg will require the cooperative and coordinated efforts of government bodies and the support of private and nonprofit
More informationDetailed competency map: Knowledge requirements. (AAT examination)
Detailed competency map: Knowledge requirements (AAT examination) Fields of competency The items listed are shown with an indicator of the minimum acceptable level of competency, based on a three-point
More informationHousing Commission Action Item Room 311 of Courthouse Plaza Park Shirlington Acquisition/ st Street South
Housing Commission Action Item 11.09.17 Room 311 of Courthouse Plaza Park Shirlington Acquisition/4510 31 st Street South Background Park Shirlington Apartments is a 294-unit garden apartment community
More informationRENTAL INCREASE TO ASSESSOR LEASE FIRESTONE BOULEVARD, NORWALK (FOURTH) (3 VOTES)
April 30, 2002 The Honorable Board of Supervisors County of Los Angeles 383 Kenneth Hahn Hall of Administration 500 West Temple Street Los Angeles, CA 90012 Dear Supervisors: RENTAL INCREASE TO ASSESSOR
More informationHousing Issues Report Shoreline Towers Inc. Proposal 2313 & 2323 Lake Shore Boulevard West. Prepared by PMG Planning Consultants November 18, 2014
Housing Issues Report Shoreline Towers Inc. Proposal 2313 & 2323 Lake Shore Boulevard West Prepared by PMG Planning Consultants November 18, 2014 PMG Planning Consultants Toronto, Canada M6A 1Y7 Tel. (416)
More informationPOTENTIAL FUNDING SOURCES October 2018
POTENTIAL FUNDING SOURCES October 2018 Cupertino relies on a variety of funding resources to develop and operate its parks and recreation system. Looking forward, this Master Plan recommends many system-wide
More information19439 VENTURA BOULEVARD, TARZANA, CA 91356
TREVOR HARRIS CA BRE license # 01722291 telephone 310.644.6404 x102 fax 310.644.6414 trevor@triwellproperties.com SINGLE TENANT 10+ YEAR NET LEASED INVESTMENT PROPERTY TABLE OF CONTENTS SITE OVERVIEW 3
More informationREPORT. DATE ISSUED: December 19, 2014 REPORT NO: HCR Chair and Members of the San Diego Housing Commission For the Agenda of January 16, 2015
REPORT DATE ISSUED: December 19, 2014 REPORT NO: HCR15-008 ATTENTION: SUBJECT: Chair and Members of the San Diego Housing Commission For the Agenda of January 16, 2015 COUNCIL DISTRICT: 9 REQUESTED ACTION
More information511 La Cadena Way LA HABRA, CA OFFERING MEMORANDUM
OFFERING MEMORANDUM INVESTMENT OVERVIEW Investment Highlights Strong Unit Mix of 1 & 2 Bedrooms, Good Curb Appeal, and Nicely Landscaped Units Are Separately Metered for Electric & Gas 4 of 8 Units Have
More informationBelow Market Rate (BMR) Housing Mitigation Program Procedural Manual
Below Market Rate (BMR) Housing Mitigation Program Procedural Manual Amended and Adopted by City Council May 5, 2015 Resolution No. 15-037 City of Cupertino Housing Division Department of Community Development
More informationBarbara County Housing Element. Table 5.1 Proposed Draft Housing Element Goals, Policies and Programs
Table 5.1 Proposed Draft Housing Element Goals, Policies and Programs Goal 1: Enhance the Diversity, Quantity, and Quality of the Housing Supply Policy 1.1: Promote new housing opportunities adjacent to
More informationREVISED COMMUNITY LEVERAGING ASSISTANCE INITIATIVE MORTGAGE (ReCLAIM) Pilot Phase of Program
REVISED COMMUNITY LEVERAGING ASSISTANCE INITIATIVE MORTGAGE (ReCLAIM) Pilot Phase of Program Program Overview and Request for Proposals (RFP) September 2014 The Pennsylvania Housing Finance Agency (PHFA)
More informationREPORT. DATE ISSUED: February 3, 2006 ITEM 103. Loan to San Diego Youth and Community Services for Transitional Housing (Council District 3)
1625 Newton Avenue San Diego, California 92113-1038 619/231 9400 FAX: 619/544 9193 www.sdhc.net REPORT DATE ISSUED: February 3, 2006 ITEM 103 REPORT NO.: HCR06-11 For the Agenda of February 10, 2006 SUBJECT:
More informationCity of Exeter Housing Element
E. Identification and Analysis of Developments At-Risk of Conversion Pursuant to Government Code Section 65583, subdivision (a), paragraph (8), this sub-section should include an analysis of existing assisted
More informationE HOLLY STREET PASADENA, CA 91105
mixed-use retail/creative office space available 151 E PASADENA, CA 91105 executive summary VILLAGE APARTMENTS, PASADENA Holly Street Village is located in Old Town Pasadena, the City s original commercial
More information10003 Alondra Blvd. Bellflower CA DRIVE-THRU FOR LEASE
10003 Alondra Blvd Bellflower CA DRIVE-THRU FOR LEASE 1 Exclusive Leasing Agents AMANDA DAVIS Associate, Retail Leasing amanda.davis@matthews.com DIR (310) 955-1782 MOB (925) 984-5158 LIC # 02040110 (CA)
More informationREPORT TO THE HOUSING AUTHORITY
REPORT TO THE HOUSING AUTHORITY DATE ISSUED: May 4, 2015 REPORT NO: HAR15-015 ATTENTION: SUBJECT: Chair and Members of the Housing Authority of the City of San Diego For the Agenda of June 16, 2015 Final
More informationStrategies for Engaging Residents in Bay Area Preservation Efforts. NPH Annual Conference September 21, 2018
Strategies for Engaging Residents in Bay Area Preservation Efforts NPH Annual Conference September 21, 2018 What is Acquisition-Rehab? Purchasing and securing the affordability of housing that is currently
More informationPage 1 of 21 Oct 1, 2011 thru Dec 31, 2011 Performance Report Grant Number: B-08-MN-12-0016 Grantee Name: Miami, FL Grant : $12,063,702.00 Estimated PI/RL Funds: $0.00 Obligation Date: Award Date: Contract
More informationPhase III. Proposed Plan. SEA Consultants, Inc. Desman Associates Bonz & Company, Inc. Webster Block Planning & Urban Design Study
Phase III Proposed Plan SEA Consultants, Inc. Desman Associates Bonz & Company, Inc. Planning Process Phase III Results 1. Parking Demand & Development Concept 2. Proposed Final Plan & Program 3. Parking
More informationRequest for Proposals (RFP) Affordable Housing Development Opportunity within the City of Temecula Temecula, California
February 16, 2016 To: Re: Interested Developers Request for Proposals (RFP) Affordable Housing Development Opportunity within the City of Temecula Temecula, California Greetings: The City of Temecula as
More informationCITY OF OAKLAND COUNCIL AGENDA REPORT
CITY OF OAKLAND COUNCIL AGENDA REPORT TO: Office of the City Manager ATTN: Robert C. Bobb FROM: Community and Economic Development Agency DATE: July 23, 2002 RE: AN ORDINANCE AMENDING THE OAKLAND MUNICIPAL
More informationCommunity Development Department
Community Development Department To date the City has provided money from the General Fund twice; November 2000----$1,700,000 and December 2002----$900,000 Total Funding $2,600,000. From 2009-2011 the
More informationTHE HOUSING AUTHORITY OF THE CITY OF SANTA ANA
HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2015-2016 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f) FOR THE HOUSING AUTHORITY
More informationSafe, Clean Water Program Tax Formula
Safe, Clean Water Program Tax Formula 1 2 Overview Existing FCD Authorities Tax Formulas Explored Revenue Targets & Sample Properties 3 Existing FCD Authorities Stormwater capture for flood risk management
More informationPART 1 - Rules and Regulations Governing the Building Homes Rhode Island Program
860-RICR-00-00-1 TITLE 860 Housing Resources Commission CHAPTER 00 N/A SUBCHAPTER 00 N/A PART 1 - Rules and Regulations Governing the Building Homes Rhode Island Program 1.1 Purpose A. The purpose of these
More informationANNUAL ELEMENT PROGRESS REPORT Housing Element Implementation (CCR Title ) Table A
ANNUAL ELEMENT PROGRESS REPORT Housing Element Implementation (CCR Title 25 622 ) Jurisdiction City of Escondido Reporting Period 1/1/217-12/31/217 Table A Annual Building Activity Report Summary - New
More informationTO MEMBERS OF THE COMMITTEE ON GROUNDS AND BUILDINGS: ACTION ITEM
GB5 Office of the President TO MEMBERS OF THE COMMITTEE ON : For Meeting of ACTION ITEM AMENDMENT OF THE BUDGET FOR STATE CAPITAL IMPROVEMENTS AND THE CAPITAL IMPROVEMENT PROGRAM AND APPROVAL OF EXTERNAL
More informationE HOLLY STREET PASADENA, CA 91105
mixed-use retail/creative office space available 151 E HOLLY STREET PASADENA, CA 91105 EDON ALKALAY Associate License No. 0194068 +1 213 861 3332 edon.alkalay@colliers.com Colliers International 865 South
More informationAffordable Housing Advisory Committee Review of Recommendations. Planning and Development Department Community Development Division March 10, 2015
Affordable Housing Advisory Committee Review of Recommendations Planning and Development Department Community Development Division March 10, 2015 History of the State Housing Initiatives Partnership Program
More informationINVENTORY POLICY For Real Property
INVENTORY POLICY For Real Property (Broader Public Sector Entities) Page 1-12 CONTENTS 1. TITLE... 3 2. OVERVIEW... 3 3. PURPOSE... 3 4. POLICY STATEMENT... 3 5. APPLICATION... 7 6. EVALUATION AND REVIEW...
More information6901 Walker St. La Palma, CA BANKRUPTCY SALE OFFERING MEMORANDUM. MICHAEL LEE Senior Vice President Lic. #
OFFERING MEMORANDUM 690 Walker St. La Palma, CA 90623 BANKRUPTCY SALE Prepared By: MICHAEL LEE Senior Vice President Lic. #070379 P \\ 62.68.208 E \\ mlee@lee-associates.com TAI NGO, CCIM Vice President
More informationOctober 1, 2014 thru December 31, 2014 Performance Report
Grantee: Grant: Miami, FL B-08-MN-12-0016 October 1, 2014 thru December 31, 2014 Performance Report 1 Grant Number: B-08-MN-12-0016 Grantee Name: Miami, FL Grant Award Amount: $12,063,702.00 LOCCS Authorized
More informationPrevailing Wage Compliance Practical Advice for City Officials
Prevailing Wage Compliance Practical Advice for City Officials League of California Cities Annual Conference September 13, 2018 linkedin.com/company/bestbestkrieger @BBK 2018 Best Best & Krieger LLP Presenters
More informationASSEMBLY BILL No. 199
california legislature 2017 18 regular session ASSEMBLY BILL No. 1 Introduced by Assembly Member Chu January 23, 2017 An act to amend Section 1720 of the Labor Code, relating to public works. legislative
More informationAPPROVAL OF HOUSING SUCCESSOR AFFORDABLE HOUSING PROPERTY DEVELOPMENT AND DISPOSITION STRATEGY
Agenda Item No. 9A March 12, 2013 TO: FROM: SUBJECT: Honorable Mayor and City Council Members Attn: Laura C. Kuhn, City Manager Cynthia W. Johnston, Director of Housing Services APPROVAL OF HOUSING SUCCESSOR
More informationBringing Community Together Phase 2 Construction
Bringing Community Together Phase 2 Construction March 13, 2018 DEVELOPMENT TEAM City of Boynton Beach Boynton Beach Community Redevelopment Agency E2L Real Estate Solutions / CFB Boynton Beach Town Square,
More informationE HOLLY STREET PASADENA, CA 91105
mixed-use retail/creative office space available 151 E HOLLY STREET PASADENA, CA 91105 EDON ALKALAY Associate License No. 0194068 +1 213 861 3332 edon.alkalay@colliers.com Colliers International 865 South
More informationSaskatchewan Municipal Financing Tools
Saskatchewan Municipal Financing Tools The following is a list of financing tools currently available to Saskatchewan municipalities. Authority for a municipality to use any of these tools is provided
More informationAttachment 3. California Government Code Excerpts Emergency Shelter Program
Attachment 3 California Government Code Excerpts 15301. Emergency Shelter Program (a) The El Centro and Calexico armories in Imperial County; the Culver City, Glendale, Inglewood, Long Beach 7th Street,
More informationBernalillo County Project Revenue Bond Application Approval. Bernalillo County Commission Board Meeting Date: September 27, 2016 A.
Bernalillo County Project Revenue Bond Application Approval Bernalillo County Commission Board Meeting Date: A. Executive Summary 1. Applicant: La Vida Nueva Housing, L.P. 2. Project Location: 1200 Dickerson
More informationHUGE RETAIL SPACE IN LONG BEACH!
Woody Stahl 310.710.3829 Woody@LyonStahl.com HUGE RETAIL SPACE IN LONG BEACH! INVESTMENT SUMMARY Investment Overview Regional Map AREA OVERVIEW Local Map City Overview County Overview Aerial Map EXCLUSIVELY
More information