Loading...
sr-062410-1bCity Council Meeting: June 24, 2010 Agenda Item: j" To: Mayor and City Council Chairperson and Redevelopment Agency From: Andy Agle, Director of Housing and Economic Development Subject: Cooperation Agreement for Planning and Design of Redevelopment Priority Projects .Recommended Action Staft recommends that the City Council (Council): 1) Adopt a resolution (Attachment A) finding the use of funds from the Redevelopment Agency to pay for identified public improvements, including development of design criteria; design, planning, preparation of construction bid documents and financial analysis associated with the Exposition Light Rail Green Streets and Station Enhancement projects, the Pico Library, and the Civic Auditorium District project (collectively, the Projects) to be of benefit to the Earthquake Recovery Redevelopment Project Area; and 2) Authorize the City Manager to execute a Cooperation Agreement between the City and the Redevelopment Agency for payment of the costs associated with the Projects. Staff recommends that the Redevelopment Agency (Agency): 1) Adopt a resolution (Attachment B) finding the use of funds from the Redevelopment Agency to pay for identified public improvements, including development of design criteria, design, planning, preparation of construction bid documents-and financial analysis associated with the Exposition Light Rail Green Streets and Station Enhancement projects, the Pico Library, and the Civic Auditorium District project (collectively, the Projects) to be of benefit to the Earthquake Recovery Redevelopment Project Area; and 2) Authorize the Executive Director to execute a Cooperation Agreement between the Redevelopment Agency and the City for payment of the costs associated with the Projects. Executive Summary During FY 2009-10, Council authorized the use of redevelopment funds to pay for the costs associated with the development of Exposition Light Rail Green Streets and Station Enhancement projects, the Pico Library, and the Civic Auditorium District project (the Projects). California Redevelopment Law requires the completion of certain actions by the Council and Agency in order to use redevelopment funds for this purpose. Specifically, the Council and Agency must execute a cooperation agreement and adopt a resolution making certain findings in order to fund the projects as proposed. Background On February. 9. 2010, the Council approved a contract with Cityworks Design, in an amount not to exceed $368,000, utilizing redevelopment funds to pay for costs associated with development of urban design criteria for integration of the Expo Light Rail on Colorado Avenue and other streets, and to assist the City with coordinating the implementation of the criteria in the Expo Light Rail Transit project (Expo LRT). The enhancement of Colorado Avenue as a transit boulevard is a central component of the Civic Center/Downtown plan. The improvements on Colorado Avenue consist of two major components: the 12-block portion from 17th Street to the planned Downtown Expo LRT Terminus Station, and the portion continuing west from approximately 5th Street to Ocean Avenue. Cityworks Design will assist with the development of criteria, reflecting the community's desires for the reconstruction of Colorado Avenue, and coordinate integration of the criteria into the designs and cost estimating for the Expo LRT. On February 23, 2010, Council authorized the City Manager to negotiate and execute a professional services agreement with Koning Eizenberg Architecture for design and bid document preparation for the Pico Branch Library, for an amount not to exceed $882,590, financed with redevelopment funds. Koning Eizenberg Architecture will provide architectural and engineering services fora 7,500 square foot, branch library building at Virginia Avenue Park. On March 9, 2010, Council authorized redevelopment funding in the amount of $132,000, to fund the portion of the City's contract with The Odermatt Group for planning and urban design services for the Exposition Light Rail Station Enhancement 2 project to ensure that station design and access meet the City's urban design goals and objectives. On April 5, 2010, in anticipation of extensive community revitalization efforts associated with the future Civic Auditorium Districts Project, staff completed an agreement with Strategic Advisory Group (SAG), in an amount not to exceed $70,000, utilizing redevelopment funds, for financial analysis services to study the cultural component at the future Civic Auditorium. In addition to assisting the City with negotiating the private/public partnership agreement with the Nederlander Group for operation of the Civic Auditorium, SAG's advisory services include cash flow analysis to assist the City with financial planning efforts. Discussion To fund the Projects as described above, the Council and Agency must: ®' Adopt a Resolution for the Projects, making certain specific findings of benefit to the Earthquake Recovery Redevelopment Project Area; and ® Prepare and execute a Cooperation Agreement for the Projects, summarizing the specific redevelopment funding allocations and description of the work efforts associated with the Projects The Cooperation Agreement will allow the Agency to record the collective financial obligations of $1,452,590 as indebtedness. The resolution must be adopted in order to make the appropriate findings as required by the Health and Safety Code Section 33445. The attached resolutions find that: 1) the use of these funds is a benefit to the Earthquake Recovery Redevelopment Project area; 2) no other reasonable means of financing for the improvements is available; 3) the payment of funds for the Project will assist in the elimination of one or more of the conditions resulting from the 1994 Northridge Earthquake disaster inside the Earthquake Recovery Redevelopment Project area; and 4) the Project is consistent with the Redevelopment Agency's Five-Year Implementation Plan. 3 Financial and Budget Actions There are no financial impacts associated with the actions recommended in this report. Prepared by: Nia Tang, Senior Development Analyst Approved: Forwarded to Council ~' Andy Agle, Director Housing and Economic Development ~~~---~, Rod Gould City Manager Attachments: Attachment A: Projects Funded with Redevelopment Funds in FY 2009-10 (City Council Resolution) Attachment B: Projects Funded with Redevelopment Funds in FY 2009-10 (Redevelopment Agency Resolution) 4 Reference Resolution Nos. 10503 (CCS) and 523 (RAS) Reference Contract No. 9236 (CCS/RAS).