BURBANK REDEVELOPMENT AGENCY
Tuesday, May 11, 2004
AGENDA
CITY COUNCIL CHAMBER - 275 EAST OLIVE AVENUE
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4:30 CLOSED SESSION IN CITY HALL BASEMENT LUNCH ROOM/CONFERENCE ROOM:
Conference with Real Property Negotiator:
Pursuant to Govt. Code �54956.8
Agency Negotiator: Assistant Executive Director/Susan M. Georgino.
Properties: 111-245 East Magnolia Boulevard, 401-761 North First Street, 200 East Cypress, 601-800, 801, 805, 851, 875, 877, 891 South San Fernando Boulevard, 228 East Burbank Boulevard. The 41 acre site (excluding IKEA) generally bounded by Magnolia Boulevard, Third Street, Burbank Boulevard and Interstate 5 (Media City Center Mall). Parcels 2460-023-045 through and including 2460-023-062.
Name of Contact Person: Jack Lynch, Senior Redevelopment Project Manager.
Parties With Whom Agency is Negotiating: Crown Realty and Development Inc.
Terms Under Negotiation: Negotiation for the sale of the fee title in regards to the improvements on the above mentioned parcels.
When the Agency reconvenes in open session, the Agency may make any required disclosures regarding actions taken in Closed Session or adopt any appropriate resolutions concerning these matters.
6:30 P.M.
INVOCATION: Pastor Paul Clairville, Westminster Presbyterian Church.
The Courts have concluded that sectarian prayer as part of City Council meetings is not permitted under the Constitution.
FLAG SALUTE:
ROLL CALL:
CONSENT CALENDAR: (Items 1 and 2)
The following items may be enacted by one motion. There will be no separate discussion on these items unless a Council Member so requests, in which event the item will be removed from the consent calendar and considered in its normal sequence on the agenda. A roll call vote is required for the consent calendar.
The City Treasurer's report on investment and reinvestment of temporarily idle funds for the first quarter ending March 31, 2004.
Recommendation:
Note and file.
2. DRAFT RELOCATION PLAN AND REPLACEMENT HOUSING PLAN FOR 2321 NORTH FAIRVIEW STREET AND 2321-2323 NORTH CATALINA STREET:
The purpose of this item is to transmit to the Council the Draft Relocation Plan and to provide the Redevelopment Agency (Agency) with the Replacement Housing Plan for 2321 North Fairview Street and 2321-2323 North Catalina Street (Properties) to be acquired and rehabilitated by the Burbank Housing Corporation (BHC) pending future Agency authorization. The Properties are located in an R-4 medium density residential neighborhood within the Golden State Focus Neighborhood and are generally bound by Thornton Avenue to the north, Buena Vista Street to the east, Empire Avenue to the south, and Hollywood Way to the west.
On January 22, 2004, the BHC made an offer to purchase the Properties. Following negotiations, the BHC entered into a purchase agreement, subject to financing from the Agency. Agency staff in turn is preparing, for future Agency consideration, an Affordable Housing Agreement with the BHC that would finance development costs necessary for the BHC to acquire 18 rental units, convert one single-family residential unit into an activity center for common use, demolish three residential units and rehabilitate the remaining 14 residential units as a mixed-income project with an affordability component for very low and lower-income households.
The Properties will adhere to a proven strategy for upgrading a neighborhood in decline. As with other focus neighborhoods, such as the Elmwood area, the approach is to assist the BHC acquire and rehabilitate properties in the neighborhood, operate these sites as mixed-income projects with an affordability component, and construct an activity center from which to provide services that will help to integrate tenants into the community.
The City of Burbank (City) and the Agency assisted the BHC to acquire and rehabilitate 15 other units, all within several blocks of one another. The Properties would nearly double the BHC�s units in the Golden State neighborhood.
Accepting the Draft Relocation Plan for the Properties is in anticipation of future consideration of an Affordable Housing Agreement that implements several elements of the aforementioned approach to revitalizing neighborhoods. This action also fulfills several housing objectives and programs adopted by the Agency and City, as recommended by the Blue Ribbon Task Force on Affordable Housing and as later reiterated at the July 2003 Study Session on an affordable housing strategy.
� Objective: Sustain and Strengthen Neighborhoods
� Program: Continue acquisition/rehabilitation activities in focus neighborhoods
These Properties would nearly double the BHC�s units in the Golden State neighborhood.
� Objective: Create community in conjunction with housing
� Program: Integrate community-serving uses with housing development
Whenever possible, the Agency is to seek to incorporate community-serving uses within new and existing residential development that address the needs of the larger neighborhood.
The City�s Draft Relocation Plan
A relocation plan is required for the Properties because of the necessity to relocate tenants for the conversion of a renter-occupied, single-family unit into a new activity center and for the demolition of three other units (a duplex with two studio apartments and a functionally obsolescent one-bedroom, single-family dwelling) to improve on-site parking and circulation. Under California Relocation Guidelines, a relocation plan is required after the initiation of negotiations (January 22, 2004 was the date of BHC�s offer to purchase) and before any action triggering displacement, in this instance, rehabilitation and demolition actions. Consequently, the Agency�s relocation consultants, Overland, Pacific and Cutler (Consultant), prepared the Draft Relocation Plan for the Properties, which serves as the initial step in the tenant relocation process.
The Agency�s Replacement Housing Plan
The Properties� replacement housing requirements involve four dwelling units comprised of four replacement bedrooms to be replaced due to removal or conversion. To replace the bedrooms by income category will necessitate three replacement bedrooms affordable to very low-income households and one unit affordable to a moderate-income household. A lesser number of units may serve as replacement units to the extent that the total number of bedrooms by income category is achieved.
The Agency has an inventory of 313 replacement units and 320 bedrooms created from other Agency affordable housing projects for very low, low and moderate-income households. The Agency will draw from this surplus or �banked� replacement units and bedrooms to satisfy the replacement obligations of the Properties, which will result in a remaining surplus of 309 units and 316 bedrooms available for any future replacement housing needs.
Recommendation:
Adoption of proposed resolution entitled:
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK APPROVING A REPLACEMENT HOUSING PLAN IN CONJUNCTION WITH THE PROPOSED 2321 NORTH FAIRVIEW STREET AND 2321-2323 NORTH CATALINA STREET PROJECT.
END OF CONSENT CALENDAR
RECESS to continue the Housing Authority, Parking Authority, Youth Endowment Services Fund Board and the City Council meetings.
ADJOURNMENT.