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05/10/2011 I T.Y. F1LE,'- CO_PY C GRAND TERR CE May 10,2011 22795.Barton Road, Grand Terrace California 92313-5295 Civic Center CITY OF GRAND TERRACE (909)824-6621909 M Fax( )78377629 Fax(909)783-2600 CRA/CITYCOUNCIL Walt,Stanckiewitz' Mayan REGULAR MEETINGS Lee Ann'Garcia Tx a Mayor'ProTem 2ND AND 4 Tuesday 6:UU. p•m• Bernardo Sandoval _ Darcy'McNaboe Gene Hays Council Members Betsy M.-Adams City Manager Council Chambers Grand Terrace Civic Center 22795 Barton Road Grand Terrace, CA 92313-5295 CITY OF GRAND TERRACE COUNCIL MEETING AGENDA CITY COUNCIL CHAMBERS May 10,2011 GRAND TERRACE CIVIC CENTER Workshop at 4:30 p.m. 22795 Barton Road Meeting at 6:00 p.m. THE CITY OF GRAND TERRACE COMPLIES WITH THE AMERICANS WITH DISABILITIES ACT OF 1990. IF YOU -REQUIRE SPECIAL ASSISTANCE TO PARTICIPATE IN THIS MEETING,PLEASE CALL THE CITY CLERK'S OFFICE AT (909)824-6621 AT LEAST 48 HOURS PRIOR TO THE MEETING. IF YOU DESIRE TO ADDRESS THE CITY COUNCIL DURING THE MEETING,PLEASE COMPLETE A REQUEST TO SPEAK FORM AVAILABLE AT THE ENTRANCE AND PRESENT IT TO THE CITY CLERK. SPEAKERS WILL BE CALLED UPON BY THE MAYOR AT THE APPROPRIATE TIME. ANY DOCUMENTS PROVIDED TO A MAJORITY OF THE CITY COUNCIL,REGARDING ANY ITEM ON THIS AGENDA WILL BE MADE AVAILABLE FOR PUBLIC INSPECTION IN THE CITY CLERK'S OFFICE AT CITY HALL LOCATED AT 22795 BARTON ROAD DURING NORMAL BUSINESS HOURS. IN ADDITION,SUCH DOCUMENTS WILL BE POSTED ON THE CITY'S WEBSITE AT WWW.CITYOFGRANDTERRACE.ORG * Call to Order- * Invocation- * Pledge of Allegiance- * Roll Call- STAFF COUNCIL AGENDA ITEMS RECOMMENDATION ACTION 4:30 P.M. CRA/CITY COUNCIL WORKSHOP 1. Overview of Bonding Process 6:00 P.M. CONVENE COMMUNITY REDEVELOPMENT AGENCY 1. Approval of 04-26-2011 Minutes Approve 2. Options for Redevelopment Financing Review/Authorize 3. Closed Session-Conference with Legal Counsel-Potential Litigation GC54956.9(b)-One Case ADJOURN COMMUNITY REDEVELOPMENT AGENCY CONVENE CITY COUNCIL 1. Items to Delete 2. SPECIAL PRESENTATIONS A. Water Awareness Poster Contest Winners-Terrace View Elementary School B. Spring Volunteer Project Recognition C. Chamber of Commerce Business of the Month 3. CONSENT CALENDAR The following Consent Calendar items are expected to be routine and j noncontroversial. They will be acted upon by the Council at one time without discussion. Any Council Member,Staff Member,or Citizen may request removal of an item from the Consent Calendar for I discussion. A. Approve Check Register No. 05-10-2011 Approve COUNCIL AGENDA 05-10-2011 PAGE 2 OF 2 AGENDA ITEMS STAFF COUNCIL RECOMMENDATIONS ACTION B. Waive Full Reading of Ordinances on Agenda C. Approval of 04-26-2011 Approve D. Historical and Cultural Activities Committee Minutes of April Accept 4,2011 4. PUBLIC COMMENT This is the opportunity for members of the public to comment on any items not appearing on the regular agenda. Because of restrictions contained in California Law,the City Council may not discuss or act on any item not on the agenda,but may briefly respond to statements made or ask a question for clarification. The Mayor may also request a brief response from staff to questions raised during public comment or may request a matter be agendized for a future meeting. 5. COUNCIL REPORTS 6. PUBLIC HEARINGS-None 7. UNFINISHED BUSINESS-None 8. NEW BUSINESS A. 2010 Winter Storm Update Receive B. Request for Proposal for City Attorney Services Approve 9. CLOSED SESSION-None ADJOURN THE NEXT REGULAR CRA/CITY COUNCIL MEETING WILL BE HELD ON TUESDAY, MAY 24,2011 AT 6:00 P.M. ...........................•...................................................•........................................... AGENDA ITEM REQUESTS MUST BE SUBMITTED IN WRITING TO THE CITY CLERK'S OFFICE NO LATER THAN 14 CALENDAR DAYS PRECEDING THE MEETING. PENDING CRA APPROVAL CITY OF GRAND TERRACE COMMUNITY REDEVELOPMENT AGENCY MINUTES REGULAR MEETING -APRIL 26, 2011 A regular meeting of the Community Redevelopment Agency, City of Grand Terrace, was held in the Council Chambers,Grand Terrace Civic Center,22795 Barton Road,Grand Terrace,California, on April 26, 2011 at 6:00 p.m. PRESENT: Walt Stanckiewitz, Chairman Lee Ann Garcia,Vice-Chairman Darcy McNaboe, Agency Member Bernardo Sandoval, Agency Member Gene Hays, Agency Member Betsy M. Adams, City Manager Brenda Mesa, City Clerk Bernie Simon, Finance Director Joyce Powers, Community&Economic Development Director Richard Shields, Building& Safety Director John Harper, City Attorney Sgt. Ed Finneran, San Bernardino County Sheriffs Department Rick McClintock, San Bernardino County Fire Department ABSENT: None APPROVAL OF 04-12-2011 MINUTES CRA-2011-24 MOTION BY AGENCY MEMBER MCNABOE, SECOND BY VICE- CHAIRMAN GARCIA, CARRIED 5-0,to approve the April 12,2011 Community Redevelopment Agency Minutes. APPROVAL OF A PROFESSIONAL SERVICES AGREEMENT FOR AGENCY SPECIAL COUNSEL CRA-2011-25 MOTION BY VICE-CHAIRMAN GARCIA, SECOND BY AGENCY MEMBER HAYS, CARRIED,5-0,to approve a Professional Services Agreement between the Agency and Straddling Yocca Carlson&Rauth,and appropriate$22,500.00 for the legal services related to Agency Financing. CRA-2011-26 MOTION BY AGENCY MEMBER MCNABOE, SECOND BY AGENCY MEMBER HAYS,CARRIED 5-0,to waive the rating requirement for the insurance pool coverage in the amount of one million dollars. RESOLUTION ESTABLISHING A LOW AND MODERATE INCOME HOUSING CRA AGENDA ITEM NO. i Community Redevelopment Agency Minutes April 26,2011 Page 2 FUND LOAN FOR THE SUPPLEMENTAL EDUCATIONAL REVENUE AUGMENTATION FUND PAYMENT FOR MAY 2011 CRA-2011-27 MOTION BY AGENCY MEMBER MCNABOE,SECOND BY VICE-CHAIRMAN GARCIA, CARRIED 5-0,to Rescind Resolution No. 2011-02 and Establish a loan from the Agency's Low and Moderate Income Housing Fund("LMIHF")to make the required May 2011 payment to the State of California Supplemental Educational Revenue Augmentation Fund(SERAF)and Authorize funding of loan from available undesignated and designated CRA Low Mod Fund Balance and to notify the San Bernardino County Auditor Controller. CRA-2011-27 MOTION BY VICE-CHAIRMAN GARCIA, SECOND BY COUNCILMEMBER HAYS, CARRIED 5-0, to add a Closed Session Item to the Community Redevelopment Agency regarding Potential Litigation. Chairman Stanckiewitz announced that the Agency met in Closed Session regarding Potential Litigation and there was no reportable action taken. Chairman Stanckiewitz adjourned the Community Redevelopment Agency Meeting at 7:05 p.m., until the next CRA/City Council Meeting that is scheduled to be held on Tuesday,May 10,2011 at 6:00 p.m. SECRETARY of the Community Redevelopment Agency of the City of Grand Terrace CHAIRMAN of the Community Redevelopment Agency of the City of Grand Terrace a, i CALIFORNIA AGENDA REPORT MEETING DATE: May 10, 2011 Council Item ( ) CRA Item (X) TITLE: Options for Redevelopment Financing PRESENTED BY: Joyce Powers, Community and Economic Development Director Bernie Simon, Finance Director RECOMMENDATION: Review the Agency's fiscal position and financing options, and authorize the Bond Financing Team to pursue the issuance of Agency Bonds secured by tax increment revenue. BACKGROUND: Due to the Govemor's proposal to eliminate redevelopment agencies this year to address the State's budget shortfalls, the Agency has been evaluating methods to finance and expedite projects. Staff has been working with fiscal consultants and legal counsel previously " approved by the Agency, to examine all available financing options and provide recommendations to the Agency. There are several unfunded public infrastructure projects needed in the community that may be funded by the Agency. Because preemptive actions by the State could curtail these local projects, prompt action to prioritize and complete the improvements is recommended. The public infrastructure improvements under consideration include: • The southwest area of the City; • Michigan Street; • Storm drain and street rehabilitation on Van Buren, Pico, and Main Streets; and • Stabilization of the Mt. Vernon slope. In an effort to secure Agency funds for current and future projects, staff is recommending a bond financing team including: • The Executive Director, Finance Director, and the Community and Economic Development Director; • Mark Huebsch and David McEwen of Stradling, Yocca, Carlson and Rauth (SYCR) as bond counsel; • RSG, Inc. as the fiscal consultant; CRA AGENDA ITEM NO. 2 1 • Wedbush Securities as the bond underwriter, who is highly recommended by bond counsel, RSG and staff; and • U.S. Bank, the Agency's current trustee for the 2004 Tax Allocation Bonds. At the Agency's direction, the team would pursue bond financing and obtain a rating for a potential bond issue. Bond proceeds would provide immediate funds in the amount of approximately $15-$22 million based on tax increment projections, which would be used for the completion of infrastructure and economic development projects and programs. DISCUSSION: -- I The Agency's Fiscal Consultant, RSG has completed a Fiscal Consultant Report and a memorandum reviewing financing options, which are attached to this report. The draft Fiscal Consultant Report is subject to further review and refinement as facts and circumstances may warrant. Fiscal Consultant Report The report (Attachment 1) includes a discussion on the Agency's history, obligations and potential revenue. If not eliminated by the State, the Agency will collect tax increment revenues over the next 23 years, in accordance with our Redevelopment Plan. Future tax increment revenue has been projected to ascertain the amount of capacity to obtain additional funds and is summarized on page 20 of the report. The Agency has sufficient revenues, after existing obligations are met, to leverage this stream of future revenue to fund projects and programs in the near- and mid-term. Financing Options Memorandum Tax increment revenues are a portion of the property taxes paid each year on assessed property values above the base year values and allocated to the Agency to be reinvested in the Project Area. To receive these revenues, the Agency must first create an obligation, or indebtedness. . The obligation ensures that a purpose to receive the revenue exists as is required. The Financing Options Memorandum (Attachment 2) reviews various financing mechanisms, including private placement financing and a line.of credit. At this time, there.is little investor interest in private financing due to the uncertain future of redevelopment agencies. In researching a line of credit, it appears that the net proceeds would be significantly lower than a bond financing due to the limited term of a line of credit. The most viable financing option available to the Agency is a tax allocation bond issue given present market conditions. Tax allocation bonds are the most commonly utilized financing mechanism for redevelopment agencies to fund redevelopment activities. Future redevelopment.tax increment revenue is pledged to pay the.principal and interest on the Agency bonds, and does not create a new or additional property tax levy on parcels within the Project Area, which is the City. The risk is solely with the Agency, not the City or taxpayers, in the unlikely event that the Agency defaults on the bond payments. The Agency has issued bonds in the past to raise revenues to immediately fund projects and programs, rather than to wait many years for revenues to accumulate. In order to maximize near-term revenues, three bonding scenarios have been analyzed to provide the Agency with various options. Scenario 1 The first scenario assumes that the Agency'will deposit funds on hand (i.e., available cash balance of $1.6 million) and the existing 2004 reserve fund held by the bond fiscal agent (approximately $1.3 million) to retire the outstanding 2004 bonds maturing September 1, 2012. This scenario would result in a bond issue of approximately $23 million. After issuance costs and reserve requirements, the Agency would have net proceeds of approximately $20 million. The bonds would have a debt service coverage factor of 1.40, meaning that the Agency's annual tax increment is projected to be 1.40 times larger than the amount of the annual debt service payment. It is important to note that the 2004 bonds are not callable in advance of maturity due to the terms of the bond indenture, so the approximately $2.9 million would be deposited in an Escrow Fund and used by the Bond Trustee to make the regularly scheduled principal and interest payments on the 2004 Bonds until their final maturity. Additionally, because the 2004 Bonds were refunding bonds when they were issued, the Agency may not use new bond proceeds to defease the 2004 Bonds. Scenario 2 The second scenario assumes the 2004 Bonds are left outstanding until maturity and debt service is "wrapped around" current debt service, or as current debt service is reduced, some of the new debt service is applied, but the annual debt service remains constant over the life of the bond issue. This Scenario ensures level debt service for the Agency until the new bonds mature. Scenario 2 would yield a total of $22.5 million in bonds, with a net amount to the Agency of approximately $20 million after issuance costs and reserve requirements are applied. This scenario would also have a debt service coverage factor of 1.40. Scenario 3 The third scenario assumes the 2004 Bonds' are left outstanding until maturity and debt service is structured to remain at about the same levels as those currently paid by the Agency. Scenario 3 results in a $15.5 million bond issue, with approximately $13.6 million in net proceeds to the Agency. The debt service coverage factor on these bonds would be 2.0. The table below provides a summary and comparison of these three scenarios. Cash Needed Coverage(allows for Reserve Net Proceeds to for>$850,000 for Scenario 5 Fund Total Issue Agency admin costs) 1 $1,949,955 $23,035,000 $20,240,000 40% 2 $1,949,955 $22,500,000 $19,710,000 40% 3 $1,349,730 $15,575,000 $13,610,000 100% As shown in the last column of the table above, each of the scenarios allows net tax increment revenues of over$850,000 annually to cover other Agency costs after existing debt service and obligations are paid. This financing structure allows the Agency to fund needed annual administration costs. Staff is recommending that the Agency direct the bond financing team to pursue the issuance of Agency bonds under Scenario 1. Please note that conditions within financial markets are fluid and the structuring of any bond issuance as well as interest rates are subject to modification. The team's recommendation is based upon the most recent information and best estimate concerning the most feasible structure and likely sizing parameters. It is anticipated that bonds would be issued by the Agency, sold to the Grand Terrace Public Financing Authority and immediately resold to the underwriter, who would, in turn, handle the marketing and sale of the bonds on a public basis. By utilizing such a structure, the Agency would be in a position to respond relatively quickly to market conditions. While the team is seeking direction to move forward, any issuance of bonds would be brought back to the Agency Board for further consideration. Page 5 of the Financing Options Memorandum contains a proposed schedule to complete the bond closing by the end of June, 2011. FISCAL IMPACT: The fiscal impact would be in the amount of approximately $31 to $45 million in future Agency tax increment revenues (total tax increment varies by bond scenario) to secure immediate funds in the amount of approximately $15-$22 million. Future debt payments would be appropriated from the Agency's Debt Service Fund between the fiscal years 2011-12 and 2033-34, based on the debt service schedule to be included in the official statement. Based on the financial projections that have been prepared by Agency consultants, the Agency will receive sufficient tax increment revenues to meet all existing obligations and make debt payments. Without the additional debt, not only would the Agency not collect the additional projected property tax revenue, the community would not receive funds necessary to complete the local projects. Respectfully submitted, Joyce Powers Community Development Director Bernie Simon Finance Director I Manager Approval: z,� Bets . Ad ms CRA Executive Director ATTACHMENTS: , 1. Draft Fiscal Consultant's Report. 2. Financing Options Memorandum i i i i i i C ATTACHMENT #1 DRAFT FISCAL CONSULTANT REPORT i E CITY OF GRAND TERRACE REDEVELOPMENT AGENCY DRAFT FISCAL CONSULTANT 'p$44p REPORT 3 ! Grand Terrace Community Redevelopment Project Area May 3, 2011 OSc�iiU°wV S?EVACEK GROUP INC. FISCAL CONSULTANT REPORT TABLE OF CONTENTS INTRODUCTION...............................................................................................................I BACKGROUND INFORMATION .......................................................................................1 Redevelopment Agency and Project Area..................................................................1 Time and Financial Limitations.....................................................................................2 TimeLimitations...............................................................................................................................2 FinancialLimitations.......................................................................................................................3 j Ownership of Project Area Properties........................................................................3 TopTen Taxpayers..........................................................................................................................4 Agency-Owned Properties in Project Area..........................................................................6 GENERAL ASSUMPTIONS IN THE REVENUE PROJECTIONS ........................................6 AssessedValuation.........................................................................................................6 GrowthAssumptions.......................................................................................................8 Revenue&Taxation Code Inflationary Adjustments........................................................9 Resales.....................................:............................................................................................................9 Construction.....................................................................................................................................10 AssessmentAppeals.......................................................................................................................11 TaxRates..........................................................................................................................15 UnitaryUtility Revenue.................................................................................................15 { County Administrative Fees.........................................................................................16 Tax Increment Collection History................................................................................16 Low and Moderate Income Housing Fund Deposits................................................17 Payments to affected taxing agencies.......................................................................17 County& SBVMWD Settlement Agreement.......................................................................17 Colton Joint Unified School District Agreement..............................................................18 StatutoryPayments......................................................................................................................18 Owner Participation & Developer Agreement Payments.......................................19 Supplemental Educational Revenue Augmentation Fund Shift............................19 TAX INCREMENT REVENUE PROJECTIONS.................................................................19 i f FISCAL CONSULTANT REPORT INTRODUCTION This Fiscal Consultant Report ("Report") has been prepared at the-request of the City of Grand Terrace Redevelopment Agency("Agency") to present the projected tax increment revenues from the Grand Terrace Community Redevelopment Project Area ("Project Area"). The purpose of this Report is to assist the Agency develop a long-term financial management strategy to prudently invest redevelopment funds so that reinvestment efforts result in a fiscally sustainable community. This Report presents historical assessment information and future revenue projections for the Project Area. The projected assessed values and tax revenues presented in this Report are based upon the following assumptions: ■ Assessment and apportionment procedures of the County of San Bernardino("County"); ■ Historical growth trends within the Project Area; ■ Trended growth in valuation as permitted by Article XIIIA of the California Constitution ("Proposition 13");and ■ Assessed values and tax rates as reported by the County Auditor-Controller and Assessor. Revenue projections have been conservatively estimated in order to reduce the possibility of overstating future tax increment revenue. BACKGROUND INFORMATION The City of Grand Terrace ("City") is one of 24 incorporated cities located in San Bemardino County ("County"), California. Incorporated on November 30, 1978, the City has a population of 12,717, according to January 1, 2010 estimates from the State of California Department of Finance, making it the-third smallest city in the County. REDEVELOPMENT AGENCY AND PROJECT AREA Following incorporation, the City Council activated the Agency by ordinance and thereafter formulated a redevelopment plan for the Project Area. The Project Area is comprised of two parts: an original 640-acre redevelopment project area created. in 1979 that encompasses seven noncontiguous residential neighborhoods ("Original Area"), and the 1981 amendment,area ("Added Area"), and together with the Original Area, the "Project Area," that incorporates the rest of the City limits in the Project Area. The Project Area totals 2,255.6 acres and the entirety of the City limits, and therefore mirrors the land uses in the City, as summarized in Figure 1 which details land use data for the Project Area, including the number of acres, parcels and assessed values. � 1 0 FISCAL CONSULTANT REPORT ut{;: ♦�,. :^'k.'c`{F.,+»:ih;= _ �:..:. :,Y?4Y'r,,,.: 's?t'??%s •.Sn:�. �i '. .' ^,,f::r.:1`.,Y'�;"' FIGUR�t-.7F.. Land Use Category Acres Bills/1 2010-11 Assessed Values(Net of Exemptions) %of Secured Unsecured Total Prior Yr A Project Area Residential,SFR 838.8 3.280 531,538,184 1,227.063 532,765,247 15.1% 69.6% Residential,Multifamily 131.1 251 93,206,833 379,884 93,586,717 -5.5% 12.2% Industrial 144.0 66 39,972,759 8,701,581 48,674,340 -4.7% 6.4% Commercial 67.2 147 38,101,675 8,544,201 46,645,876 -3.3% 6.1% Vacant/Open Space 604.0 342 24,384,547 1,365,521 26,750,068 -36.7% 3A% Public Recreational 103.3 33 7,624,732 2,396.731 10,021,463 34.5% 1.3% Institutional 32.2 4 7,314.609 618,625 7,933,234 1.5% 1.0% Public Right-of-Way 335.0 Total Project Area 2,255.6 4,123 $ 742,143,339 $ 23,233,606 $ 765.376,945 6.7% 100.0% Original Area 640.0 442 86,489,352 221,563 88,710,915 -12.1% 11.3% Added Area 1,615.6 3,681 655,653,987 23,012,043 678,666,030 -4.0% 88.7% Source:San Bernardino County Assessor's Secured and Unsecured Roll 1/ Bills consist of the number of secured and unsecured roll records for each land use type TIME AND FINANCIAL LIMITATIONS The Redevelopment Plan was most recently amended and restated as a result of the Sixth Amendment, adopted by the City Council on May 11, 2010 by Ordinance No. 250. The Redevelopment Plan contains various time and financial limitations that affect the ability to collect and utilize tax increment revenue. As a result of the Sixth Amendment to the Plan, the current limitations differ from those at the time of adoption and are summarized below: Time Limitations I Incur Indebtedness: As stated in Section 1003 of the Plan, The previous time limits to incur debt in the Original Area and Added Area were rescinded by Ordinance No. 212 on July 22, 2004; as such the time limits for incurring debt would be the same as those for the effectiveness of the Redevelopment Plan for both the Original and Added Areas. The time limits to incur indebtedness for the Original and Added Areas are September 27,2022,and July 14,2024, respectively. Effectiveness of the Redevelooment Plan: Currently, the Plan has a 43-year duration for each of the two component areas of the Project Area. For the Original Area established in 1979, the Plan is effective until September 27,2022. The Added Area established in 1981,the Plan is effective until July 15,2024. Final Date to Collect Tax Increment Revenue: Pursuant to-Ordinance No.250,the Plan permits the Agency to collect tax increment for a 53-year period, or until September 27, 2032 for the Original Area and July 15, 2034 for the Added Area. 2 in FISCAL CONSULTANT REPORT Financial Limitations Cumulative Tax Increment Revenue Limit: Consistent with all redevelopment plans adopted prior to 1994, the Redevelopment Plan contains a cumulative tax increment revenue limit on the gross tax increment revenue that may be apportioned to the Agency. Section 1001 of the Plan establishes a$225,000,000 cumulative limit on the amount of tax increment revenue that may be collected by the Agency, net of negotiated fiscal mitigation agreements. (California Community Redevelopment Law, Health and Safety Code Section 33000, et. seq. ("CRL") does not allow statutory pass through payments pursuant to CRL Section 33607.7 to be deducted from the Plan's tax increment cap calculation). As shown in Figure 2 below, through fiscal year 2009-10, the Agency has reported total receipts of $59,093,809, leaving $165,906,191 of tax increment revenue remaining to be collected under the current limit to repay existing and future indebtedness of the Agency. RSG estimates that the Project Area's 2010-11 assessed values will be required at a minimum annual growth rate of 3.8 percent in order for the Agency to reach its current cumulative limit on tax increment revenue by the expiration of the Agency's time limit to collect tax increment. FIGURE 2: STATUS OF$225M TAX INCREMENT IJMIE Year Gross Exclusions from Limit 2 Net after cumulative Red.Plan Balance Apportionment ' County CJUSD Total Exclusions Ravens Umit Under Umit 2009-10 $ 6,810,970 $ (1,951,455) $(258,029) $ (2,209,484) $4,601,487 $59,093,809 $225,000,000 $165,906,191 2008-09 7,677,867 (2,167,874) (246,159) (2,414,033) 5,263,834 54,492,322 75,000,000 20,507,678 2007-08 7,086,921 (2,081,528) (234,521) (2,316,049) 4,770,872 49,226,488 75,000,006 25,771,512 2006-07 6,539.392 (1,941,886) (223,112) (2,164,998) 4,374,394 44,457,616 75,000,000 30;542,384 2005-06 _ 6,157,747 (1,832.812) (211,926) (2,044,738) 4,113,009 40,083,222 75,000.000 34,916,778 2004-05 5,401,087 (1,605.609) (200,958) (1,806,567) 3,594,520 35,970,213 75,000,000 39,029.787 2003.04 32,375,693 75,000,000 42,624.307 Source:Redevelopment Agency Financial Statements. 1 2009-10 and 2008-09 figures reduced to reflect apportionment error of$2,295,360 reported by County Auditor-Controller. 2 Redevelopment plan excludes payments to taxing agencies pursuant to fiscal mitigation agreements from tax Increment limit. Amount of Bonds Outstandina At One Time:Section 1002 of the Plan also establishes a$75,000,000 limit on the amount of bond principal that may be outstanding at any one time. As of the date of this Report, the Agency has a total of$3,650,000 of bond principal outstanding, specifically the Agency's 2004 Tax Allocation .Bonds. Both non-housing and housing revenues are pledged towards debt service on the bonds, which will be fully redeemed on September 1, 2012. The bond trustee is currently holding approximately$1,300,000 in non-housing reserve funds that will be utilized with the bond trustee will be used to make the non-housing portion of the final payment. Low and moderate income housing funds will be Used to make the housing portion of the final payment,estimated at approximately$619,000. OWNERSHIP OF PROJECT AREA PROPERTIES T his section describes the top taxpayers and other key components of the ownership of Project Area property on the 2610-11 assessment roll. a 3 11 FISCAL CONSULTANT REPORT Top Ten Taxpayers Using the County's 2010-11 Secured and Unsecured Assessment Rolls, the ten largest taxpayers within the Project Area own $111,586,054 (approximately 15 percent)of the total Project Area net assessed value and enumerated in Figure 3 below. FIGURE 3e TOP TEN 2010.11 TAXPAYERS-SHARES OF INCREMENTAL ASSESSED VALUE",' . Taxpayer Name Bills /1 2010-11 Assessed Value(Net of Exemptions) %of Total %of Secured Unsecured Total Prior Yr A Project Area Incremental 1 North Waterford Apartments /2 3 $ 33,851,749 $ - $ 33,851,749 -0.2% 4.4% 5.4% 2 Osage Tower Ltd /3 1 23,900,000 - 23,900,000 -14.5% 3.1% 3.8% 3 Wilden Pump&Engineering 5 19,071,430 - 19,071,430 -14.8% 2.5% 3.0% 4 JSP Grand Royal,LP 4 7;548,751 - 7,548,751 0.6% 1.0% 1.2% 5 San Gabriel Jacobson Holdings /4 7 6,156,374 - 6,156,374 -23.0% 0.8% 1.0% 6 Emeritol Grand Terrace LLC /5 1 5,370,023 - 5,370,023 -0.2% 0.7% 0.9% 7 Amemar,Inc /6 2 4,425,437 - 4,425,437 -0.2% 0.6% 0.7% 8 Viking Investment Properties 6 4,363,124 - 4,363,124 -0.3% 0.6% 0.7% 9 Hirth Properties Grand Terrace 1 3,899.166 - 3,899,166 -0.2% 0.5% 0.6% 10 Blaich Properties/7 2 3,000,000 3,000,000 -20% 0.4% 0.5% Total Top Ten Taxpayers 32 111,586,054 - 111,586,054 -51.4% Total Project Area Value 766,352,316 14.6% Total Project Area Incremental 629,263,576 17.7% Source:San Bernardino County Assessors 2010-11 Secured and Unsecured Roll Notes 1/ Bills issued from County for secured and unsecured value. 2/ North Waterford Apartments filed an appeal In 2010 to reduce its value of one of its parcels from$31.3'million to$20.4 million. The appeal is still pending.The reduction could decrease 2011-12 assessed values by as much as approximately$6.9 million. 3/ Osage Tower Ltd filed an appeals In 2009 and 2010 to reduce its real property value to$17,000,000.The appeal Is still pending. reduction could decrease 2011-12 assessed values by as much as approxdmately$11 million. 4/ San Gabriel Jacobson Holdings filed an appeal in 2009 to reduce the assessed value on one of its parcels to from$551.000 to$381,700. The appeal was denied.The parcels were transferred to Stater Bros Markets in December,2010. .51 Emeritol Grand Terrace LLC filed an appeal in 2010 to reduce its real property value to$3,236,705.The appeal is still pending.The reduction could decrease 2011-12 assessed values by as much as approximately$2.4 million. 6/ Amemar,Inc filed an appeal in 2009 to reduce its real property value to$3 million.The appeal is still pending.The reduction could) decrease 2011-12 assessed values by as much as approximately$1.4 million. 7/ Blaich Properties filed an appeal in 2009 to reduce the real property value on one of its parcels from$229,500 to$100,000.The appeal is still pending.The reduction could decrease 2011-12 assessed values by approximately$129,000. Descriptions of these taxpayers, including any recent appeals or changes in their assessed values as compared to the prior 2010-11 assessment roll are detailed below: 1. North Waterford Apartments owns three parcels developed as multi-family apartments and totaling over $33 million in assessed value. The tax bill is mailed to Sequoia Equities, Inc., which has a portfolio of over 10,000 apartment homes valued at over $1.5 billion, making Sequoia Equities, Inc. one of California's largest multi-family investment firms.' In 2010, North Waterford Apartments filed appeals for all three properties to reduce the total assessed value from $31.3 million to$20.4 million. The appeals are still pending. The parcels (APNs 0275-251-80-0000, 0275-251-81-0000, and 0275- 251-82-0000)were last transferred in February 15,2000. Sequoia Equities,Indox Page,,•r:o:I/seauolaeauities.com/ FISCAL CONSULTANT REPORT 2. Osage Tower Ltd owns one parcel located at 22491.De Berry St and developed as Crest Apartments. It is a multi-family apartment complex with 228 units, and is valued at $23.9 million. The property (APN 1167-331-07-0000) was last transferred on July 10, 2006. Appeals were filed to reduce the value of this property in 2008,2009 and 2010.'-The 2008 appeal was stipulated in 2010 and the value of the property was reduced from $27,412,500 to $24,500,000. The 2009 and 2010 appeals, with proposed reductions from a total assessed value of$23,900,000 to $17,000,000, were received and are currently pending. 3. Wilden Pumo and Engineering is headquartered at 22069 Van Buren Street and owns five parcels used for industrial manufacturing. The total assessed value of all property owned by the tax payer is approximately $19 million. Wilden Pump and Engineering has been producing air-operated double- diaphragm pumps since 1955?The parcels were last transferred on July 11, 1991 (APNs 1167-181- 07-0000, 1167-191-01-0000, 1167-191-02-0000, 1167-191-02-1000, and 1167-191-03-0000). 4. JSP Grand Royal. LP, owns four parcels in the Project Area developed as a mobile home park. Grand Royal Mobile Estates is located at 22111 Newport Avenue and contains 184 units. The property tax bills are mailed to Jackson Square Properties LLC in San Francisco. Jackson Square Properties LLC has acquired residential properties with over 10,500 apartment units and over 1,000 mobile home park spaces in ten states with concentrations in California, Florida, Texas and Utah.3 Appeals were filed by JSP Grand Royal, LP in 2007 and 2008. In 2007 and 2008, appeals were filed for APN 0275-211-53-6115 seeking a reduction in total assessed value from $33,500 to $31,500. Both appeals were denied. In 2008, an appeal was filed for APN 0275-211-53-0000 seeking a reduction in total assessed value from $7,282,000 to $7,140,000 that was withdrawn. The parcels were last transferred on December 31, 2007 (APNs 0275-211-53-0000, 0275-211-53-6075, 0275- 211-53-6090,and 0275-211-53-6115). 5. San Gabriel Jacobsen Holdings owns seven parcels with a total assessed value of approximately $6.1 million. The properties are zoned for commercial and single family residential uses and are located on Barton Road and Michigan Street. The tax bills are mailed to JH Portfolio Debt Equities in Woodland Hills. In 2009, appeals on all seven properties resulted in total assessed value reductions totaling$1,500,700. The properties have been sold to Stater Bros Markets in as part of a multimparcel sale totaling $2,900,000. Stater Bros Markets is a grocery store chain with 52 full-service supermarkets in San Bernardino County.° The parcels were last transferred on December 2, 2010 (APNs 1167-231-03-0000, 1167-231-08-0000, 1167-231-09-0000, 1167-231-12-0000, 1167-231-13- 0000, 1167-231-15-0000,and-1167-231-21-0000). 6. Emeritol Grand Terrace LLC owns one parcel located at 22325 Barton Road,with an assessed value of approximately$5.3 million. The property is developed as Emeritus at Grand Terrace,a multi-family senior assisted living and retirement community with 88 units. Property tax bills are mailed to Emeritus Senior Living in Seattle, a national provider of senior housing services.5 Appeals were filed for the property in 2007, 2008, 2009 and 2010. The 2007 appeal was subsequently withdrawn and the 2008 appeal was denied. In 2009, the proposed total assessed value reduction totaled $1,882,780 and no action has been made on the appeal. In 2010,the property owner appealed for a 'Wilden Pump and Engineering,Index Page,htto://www.wildenr)umo.com/ '.Jackson Square Properties,LLC,"About Us,"htti)://www.oacksonsguarei)roperties.com/company 'Stater Bros Markets,index Page,http://..staterbros.com/ 5 Emeritus Retirement Communities,Index Page,;_tto:/Iwmemeritus.coml 5 1Z FISCAL CONSULTANT REPORT reduction from a total assessed value of $5,370,023 to $3,236,705. The parcel (APN 1167-311-02- 0000)was most recently transferred on October 24,2008. 7. Amemar. Inc. owns two parcels located at 11980 South Mt. Vernon Avenue and are in use as Keystone Schools Grand Terrace Campus. This campus has an enrollment capacity of approximately 120 provides special education services for students in grades K-12.6 An appeal was received in 2009 seeking a reduction in total assessed value of$1,287,494. To date, no action has been taken on this appeal. The parcels (APNs 0275-251-37-0000 and 0275-251-38-0000) were last transferred on April 4, 1988. - i 8. Viking Investment Properties owns six parcels in the Original Area located at 22401-22473 Barton Road. The properties are developed as a retail shopping center with at least 17 retail spaces and are located along Barton Road. The properties were last sold on October 1, 1982 for a combined price of $1,384,500. (APNs 1167-311-05-0000, 1167-311-06-0000, 1167-311-07-0000, 1167-311-08-0000, 1167-311-09-000,and 1167-311-10-0000) 9. Hirth Properties Grand Terrace owns a commercial retail center located on Mount Vernon Avenue in the Original Area.. Appeals were filed for this property in 2007 (Denied) and 2008 (Withdrawn). The property(APN 0276-182-21-0000)was last transferred on May 30,2006. 10. Blaich Investments-3 LLC owns two parcels in the Original Area located at 22822 Palm Avenue and developed as multi-family apartments. The taxpayer filled an appeal in 2009 to reduce the real property value on one of its parcels from $229,000 to $100,000. The appeal is still pending. The properties were last sold on September 25, 2007 for a combined price of.$3,675,000. (APNs 0276- _ 202-35-0000 and 0276-202-36-0000) j Agency-Owned Properties in Project Area The Redevelopment Agency owns 16 parcels in the Project Area, none of which are taxable at this time. The Agency is currently in the process of acquiring a '/nacre parcel that is located adjacent to an Agency-owned parcel that is intended to be developed as a Habitat for Humanity project. The property is currently owned by the City and has no taxable value- Therefore, the acquisition of this property will not remove taxable assessed valuation from the Project Area in future years. Beyond this purchase, .according to staff, the Agency has no plans to purchase additional taxable property at this time. GENERAL ASSUMPTIONS IN THE REVENUE PROJECTIONS ASSESSED VALUATION According to data from the County Assessor's office, the Project Area's 2010-11 total assessed value is $766,352,316,of which the base year value is$137,088,740 leaving an incremental value of$629,263,576. Figure 4 below presents the assessed values, base year values, and incremental assessed values since the Original and Added Areas were established in 1979 and 1981, respectively. Private School Profile,'Keystone Schools Grand Terrace,"Fdha,':'veNw privateschoolreview.com/school ovlschool id/1213 6 FISCAL CONSULTANT REPORT FIGURE 4: PROJECT AREA ASSESSED VALUE HISTORY Year Secured Unsecured Secured Utility Total Prior Yr A Incremental 2010-11 $742,143,339 $23,233,606 975,371 $766,352,316 -5.0% 629,263.576 2009-10 781,242,868 24,216,460 983,441 806,442,769 -5.1% 669,354,029 2008-09 829,919,192 19,176,027 974,976 850,070,195 3.8% 712,981,455 2007-08 798,905,361 19,236,768 934,570 819,076,699 10.8% 681,987,959 2006-07 720,089,092 17,750,565 1,413,449 739,253,106 9.0% 602,164,366 2005-06 662,838,141 15,160;342 142,762 678,141,245 12.0% 541,052,505 2004-05 589,131,617 13,343,544 2,803,028 605,278,189 7.3% 468,189,449 2003-04 545,567,710 12,985,629 5,590,624 564,143,963 6.7% 427,055,223 _ 2002-03 515,568,308 11,807,427 1,492,810 528,868,545 4.6% 391,779.805 2001-02 491,210,648 13,034,580 1,484.632 505,729,860 368,641,120 Base Year 130,924,820 5,043,200 1,120,720 137,088,740 Source:San Bernardino County Auditor-Controller reports - Historically, assessed values in the Project Area have trended similarly to the County-wide statistics. Between fiscal year 2006-07 and 2008-09, values in the Project Area experienced less significant decreases than values County-wide. Figure 5 on the following page shows a comparative graph of the Project Area assessed value in comparison to the City and County. FIGURE S: ANNUAL GROWTH IN ASSESSED VALUES 20.0% 15.0% t Q 10.0% c7 5.0% 0.0% 5.0% -10.0% -15.0% p (o ti� tid' ti°- ti� ti� ti� ti tiCY ti°~ Fiscal Year Original.RDA —Revised RDA —County Source:San Bernardino County Auditor Controller Reports 7 '1 C FISCAL CONSULTANT REPORT Thus far, the County Assessor has not announced any plans for blanket reductions in assessed values in 2011-12, although re-sales and market activity appear to be trending below assessed values somewhat in the past year. For this reason, RSG has limited assessed value growth in our projections as described in the next section. GROWTH ASSUMPTIONS Project Area assessed values are conservatively projected based on several factors as summarized in Figure 6 on the following page, which have been refined by RSG to reflect a conservative forecast based on available data known to RSG. FIGURE 6: SECURED ASSESSED VALUE GROWTH ASSUMPTIONS, Component 2010-11 2011-12 2012-13 2013-14 Thereafter _Original Area Total GrowthRate ----------_12 163% 0.342% 0.000% 1.000% 2.000% W d;ZW -----------------o__--------------------------o--------_._---o- Revenue 8 Taxation Code Inflationary 0.753/0 0.000% 1.000/0 2.000/o Changes due to Resales Actual 0.267% 0.000% 0.000% 0.000% Increases from Construction Growth 0.000% 0.000% 0.000% 0.000% Decreases due to Base Year Appeals Rate 0.000% 0.000% 0.000% 0.000% Decreases due to Prop 8 Appeals 0.678% 0.000% 0.000% 0.000% Added Area Total Growth Rate -3.972% -0.052% 0.439% 1.000% 2.000% ------------------•-----------------------ry----------------------------......--------o-------------......--------o. Revenue r4 Taxation Code Inflations 0.753% 0.000% 1.000/0 2.000/o Changes due to Resales Actual 0.400% 0.000% 0.000% 0.000% Increases from Construction Growth 0.000% 0.439% 0.000% 0.000% Decreases due to Base Year Appeals Rate 0.000% 0.000% 0.000% 0.000% Decreases due to Prop 8 Appeals -1.205% 0.000% 0.000% 0.000% 4% 2% 0% -2% - nl -1 g - - -4% -6% i 8% -10% j -12% -14% ■OriglnalArea :Added Area \ f . ; s FISCAL CONSULTANT REPORT Historically, assessed values in the Project Area had grown from year to year with the exception of the last two fiscal years. For the purposes of this forecast, RSG forecast specific changes in secured assessed values as noted below, but held unsecured values constant (due to the nature of the reassessment process for such property, unsecured values tend to remain constant and less predictable). As shown in Figure 4 earlier, real property values in the Project Area decreased from $806,442,769 in 2009- 10 to$766,352,316(or by 5 percent)in 2010-11. Taking into consideration the factors described below, RSG is predicting a modest amount of growth going forward in both component areas. Reduction in 2011-12 assessed values due to pending assessment appeals (see pages 12-15 of this report) have been conservatively estimated based on historical information from the County and applied to projected growth factors. In 2011-12, Original Area secured assessed values are anticipated to grow by 0.342 percent, then remaining flat in 2012-13. For the Added Area, secured assessed values are anticipated to decrease by 0.052 percent in 2011-12, then grow slightly by 0.439 percent in 2012.13. Both areas are expected to see 1 percent growth in 2013-14,and then 2 percent growth thereafter. These assumptions are conservative based on interpretation of data available to RSG at the time of this report. The growth assumptions were established by RSG to account for the following factors that affect future tax_ increment collections in the Project Area. Revenue & Taxation Code Inflationary Adjustments As enacted by Proposition 13 in 1978, Article XIIIA of the State Constitution limits annual inflationary adjustments to secured assessed values to a maximum of two percent. Each year, the State Board of Equalization (SBE) establishes this annual increase based on the statewide consumer price index for the previous year. Between 1978 and 2010-11, the Proposition 13 inflationary factor has been less than the 2 percent maximum six times, most recently in fiscal year 2010-11 reported, by the SBE of -0.237 percent (negative inflation factors are referred to as a deflation factor). This was the first time since 1978 that the rate was negative. On December 16, 2010, the SBE released a report indicating that the 2011-12 inflationary factor would be+0.753 percent. In order to present a conservative forecast in projected tax increment revenues, RSG is projecting a 0.435 percent change in the inflationary factor in 2012-13,no growth rate in 2013-14,and the maximum two percent change thereafter. Resales Under Section 110.1 of the Revenue and Taxation Code,a change of ownership establishes a reassessment of taxable property based on the property's purchase price and fair market value. Sales that occur prior to January 1 are reflected on the next equalized assessment roll. Sales occurring after January 1 are subject to a supplemental tax bill for the prorated amount of increase in taxes.during the fiscal year. RSG compiled statistics of sales transactions based on data from the County Recorder,via a private property vendor. Sales closed and recorded between January 1, 2010 and January 1, 2011 would be reassessed on the 2011-12 assessment roll,while sales after this date would be reflected on subsequent rolls. Figure 7 summarizes sales transactions in the Project Area between January 1, 2009 and December 31, 2010. During 2009, a total of 154 transactions occurred in the Project Area, dropping to 125 sales for the same 12-month period in.2010. In 2009, sales prices were somewhat lower than assessed values, resulting i 9 4-7 FISCAL CONSULTANT REPORT in an aggregate decrease in Project Area real property values of$944,622, or 0.133 percent of the 2009-10 assessment roll. Commercial and condominium residential property sales were the dominant cause of this decrease in the Project Area. These activities are reflected on the 2010-11 assessed value roll. However, in 2010, sales prices exceeded assessed values for all land types with the exception of vacant land which resulted in an aggregate increase in Project Area real property values of$2,717,303, or 0.400 percent of the 2010-11 assessment roll. Overall, the 2010 transactions generally resulted in higher sales prices as compared to their existing assessed values and will add value to the roll in 2011-12. Data for 2011 is not yet available to RSG, but given the modest level of transfers and variance between assessed values and sales prices, RSG does not anticipate this factor to be a significant source of changes in real property values in the near future. FIGURE-7: RESALE ACTIUM INCLUDED IN PROJECTIONS.' Land Use Category Aggregate Values of 2009 Sales Aggregate Values of 2010 Sales Parcels 2009-10 Sales A from AV Parcels 2010-11 Sales A from Av Sold Value Price Sold Value Price Original Area Residential,SFR 11 $ 2,572,019 $ 2,897,250 $325,231 21 $ 4,198.132 S 4,430,000 $ 231,868 Total Sales 11 . 2,572,019 2,897,250 325,231 21 4,198,132 4.430,000 231,868 %of Project Area AV $ 98,678,584 0.330% $ 86,710,915 0.267% Added Ana Residential,SFR 144 $ 28,077,567 $27,966.750 $(110,817) 113 $ 18,980,051 $ 22,525,750 $3,545,699 Vacant - 6 4,332,525 1,795,000 (2,537,525) Residential,Multifamily 4 1,341,818 877.500 (464,318) 3 2,191,765 3,341,000 1,149,235 Commercial 3 3.889,017 3,210,000 (679,017) 2 869,934 1.425,000_ 555,066 Industrial 3 2,994,470 3,304,000 309,530 - - - - Public(Recreational 1 195,172 200,000 4,828 Total Sales 154 36,302,872 35,358,250 (944,622) 125 26,569,447 29,286,750 2,717,303 %of Project Area $707,764,185 -0.133% $ 679,641,401 0.400% Source:San Bernardino County Assessment Rolls for 2009.10 and 2010-11;Metroscan It should be noted that this report does not include supplemental roll revenues that may be generated from resale activity. Construction The Revenue and Taxation Code provides for reassessment-of properties upon the completion of new construction.The County Assessor determines the construction value in place as of January 1 each year and that amount is reflected on the next equalized assessment roll. Construction in process or completed as of January 1, 2011_ is assessed on the 2011-12 roll; construction in place after this date will be reflected on future tax rolls. Based on a review of building permit records provided by the City's Building and Safety Department, two projects are currently under construction in the Added Area which would result in increases to the Project Area assessed value upon completion. These include a single family residence and a new supermarket. i 10 s J FISCAL CONSULTANT REPORT Figure 8 provides a summary of these building permits, for which RSG has included the permit value into our projections of tax increment revenue for 2012-13. FIGURE 8: NEW CONSTRUCTION INCLUDED IN PROJECTIONS. Location/Applicant/Permit Issuec Project Description Current Anticipated Permit Value on Roll /1 Status Completion 2011-12 Roll 2012-13 Roll Original Area No Major Construction Added Area 22201 Barton Road Construct new 44,280 sf. Under Aug 2011 $ - $ 2,546,100 Stater Bros. Markets Type III N commercial Construction Permit Issued 12/20/2010 building(new supermarket) 23210 Twin Canyon Drive 2,910 sf single family Under July 2011 - 329,653 Dale C.Chronister with attached garage Construction Permit Issued 11/10/2011 and decks Total Assessed Value Added(2012-13) 2,875,753 2011-12 Secured Value 655,309,953 2012-13 Increase as Percentage of Added Area 0.439% Source: City of Grand Terrace Building Permits 1/ Excludes any supplemental assessments for construction in process which would provide additional tax revenue prior to completion. RSG has made no attempt to speculate on the level of additional construction in the Project Area in future years, although there is land available in the Project Area to do so. We believe this assumption is reasonable given the current local, regional and national real estate climate, even though it may result in some understating in potential future tax increment revenues for the Agency. Assessment Appeals Property owners that dispute the value of their property may file an assessment appeal with the County Assessor. There are two types of appeals on real property assessed values under the California Revenue and Taxation Code: Proposition 8 appeals and Base Year appeals. In most cases, an applicant files an assessment appeal because present market conditions, such as residential home prices or decreased lease rates, cause the property to be worth less than its assessed value. These market-driven appeals are referred to as Proposition 8 appeals. Although these reductions are temporary, the assessed values reduced pursuant to Proposition 8 are frequently reduced from their original value for multiple years until market conditions improve. Base Year appeals are when a property owners challenge the original (basis) value of their property. Because a successful Base Year appeal could reduce the basis value used to compute future reassessments pursuant to Proposition 13, Base Year appeals may have a more long-term effect on Project Area tax increment revenues as compared to Proposition 8 appeals. AA FISCAL CONSULTANT REPORT RSG collected assessment appeal data for the past four years for the Project Area from the County Clerk of the Board. In reviewing this data, RSG concluded that there are no pending or granted Base Year appeals for the Project Area at this time. In 2010-11, a total of 15 Proposition 8 assessment appeals have been filed by the Project Area property owners (one appeal in'the Original Area and 14 appeals in the Added Area), a decrease from the 32 Proposition 8 appeals filed in 2009-10. Of the 32 fiscal year 2009-10 appeals, only one has been granted a reduction, with 19 withdrawn or denied by the County Appeals Board. The granted reduction dropped the assessed value for one parcel in the Added Area from $215,000 to$197,000 for fiscal year 2009-10. Twelve appeals from fiscal year 2009-10 remain pending. It is important to note that only one Proposition 8 appeal of the 32 above-mentioned appeals was filed in fiscal year 2009-10 for property within 1 the Original Project Area, and this appeal was denied. Figure 9 presents historical assessment appeal information. FIGURE 9: PROPOSITION 8 CLOSED ASSESSMENT APPEALS. Appeals by Status Original Area Added Area 2008-09 2009-10 2010-11 Combined 2008-09 2009-10 2010-11 Combined Total Appeals Filed 2 1 1 4 27 31 14 72 Closed Appeals 2 1 - 3 27 19 8 54 i-duced - - - 0 10 1 0 11 CvniodorWithdrawn 2 1 - 3 17 1B 7 42 Percents^-, _ :s.:_`d 0% 0% 0% 37% 5% 0% F' ducau., us Rog Value/1 $ 597.000 $ 239.878 $ - $31,903.068 S 215,000 $ Auosd.'=;.-�J Final Value 28,575,068 197,000 Value Due to Appeals - - - 3,328,000 18,000 Tot:::r;ztA.ra:, .`c�ssedValue 105,489,022 98,678,584 86,710,915 744,581,173 707,764,185 879,841,401 -gals Reduction as%of 0.000% 0.000% 0.000% -0."7% -0.003% 0.000% Source:San Bernardino County Assessor As stated above, 15 appeals were filed in fiscal year 2010-11; one appeal in the Original Area and 14 within the Added Area. The sole appeal filed in the Original Area is pending,while seven (7)of the 14 appeals filed within the Added Area have been withdrawn or denied. Therefore,a total of 12 Proposition 8 appeals seeking one-time reductions to assessed valuation are pending within the Original and Added Areas for fiscal years 2009-10 and 2010-11. In order to determine the true impact to future assessed valuation in the Project Area, RSG staff conducted a comprehensive analysis of each pending appeal, reviewing the current assessed value, the applicant's requested assessed valuation, and-a history of appeals activity by property owner for 2007 through 2010. Based upon this analysis, it is anticipated that eight of the 19 outstanding appeals,or a slightly less than one- half, will be denied based on historical evidence of those property owners receiving denials from the Assessor's Office at least once in the past 4 years. It is important to note that this methodology is also reasonable due to the fact that all of these appeals are Proposition 8 appeals which will only affect assessed valuation in the year granted. More specifically,three of the property owners with pending appeals have unsuccessfully filed for assessment appeal reductions in prior years. One of these property owners is a Top 10 taxpayer in the Project Area. As shown in Figure 10, five of the top 10 taxpayers currently have pending appeals; North Waterford Apartment, _L 12 FISCAL CONSULTANT REPORT Osage Tower LTD, Emeritol Grand Terrace LLC, Amemar, Inc, and Blaich Investments. Emeritol Grand Terrace LLC has filed assessment appeals every year for the past four years;the 2007 appeal was withdrawn and the 2008 appeal was denied. Therefore, it is assumed based upon historic patterns that the 2009 and 2010 pending appeals will be denied by the Assessor's Office. Osage Tower Ltd has filed appeals for 2008, 2009 and 2010. The 2008 was granted in a significantly higher amount than what was requested. The Assessor granted a 12 percent decrease in the total assessed valuation of the property. In an effort to provide a conservative estimate of pending appeals, it is assumed that the Assessor will grant a similar.12 percent reduction for the pending 2009 and 2010 appeals. With regard to remaining top 10 taxpayers, neither North Waterford Apartments, Amemar, Inc. nor Blaich Investments have filed any appeals in the past four years, and therefore, there is no historical data to analyze in order to determine the effect on assessed valuation. In order to be conservative in our forecast, RSG has assumed that these appeals will be granted and the assessed valuation as determined by the applicant opinion all for the pending appeals for these property owners has been utilized for the tax increment projections contained in Figure 13 of this report. The remaining two property owners with a history of denied appeals are the Suh Family Trust and Christopher Hackett within the Added Area. Appeals filed in 2008 and 2009 have been denied for these property owners. Another property owner, Fahim Tanios, has filed assessment appeals in 2009 and 2010 and is requesting a reduction that would result in the property having an assessed valuation equal to approximately one-third of the current assessed valuation. Due to the,history and extremely significant reductions that are being requested by these property owners, RSG staff has assumed for the purposes of this analysis that these appeals will be denied or withdrawn. The remaining appeals are requesting significantly smaller reductions in value than those described above. In an effort to conservatively forecast the impact of pending appeals, it is assumed that the applicant value will be granted. Given past patterns of denials and the,decline in applications, RSG does not anticipate a sustained impact of any Proposition 8 appeals should any of these appeals be granted. However, realistically, it is likely that many of these_ appeals will be denied or reduced by a lesser amount than what the applicants are requesting. Figure 10 presents a summary of the projected reductions in 2009-10 and 2010-11 pending assessment appeals that have been factored into our forecast. Overall, RSG is_ projecting a 0.68 percent drop in Original Area secured assessed values and a 1.21 percent drop in Added Area assessed values if all pending 2009- 10 and 2010-11 assessment appeals are granted. a ,1 �3 r FIGURE 01 CHANGE N ASSES=VA UR DUE TO PENDING PROPOSITIONS APPEALS - " —---- 2009Pio 4mn8 als 2010Pw 4on8 eds Appp 2CO&10 MEB-10 Potential naled Fafmated to 2010.1 11.11 ti 1 20 Poterrfeq Esh EanabW Esimie PendingAppeak by Taxpayer Pending Asse sad Value Option Value Reduction Reduction 1<of pan Assonad Value Ooirion Value Reduction Reduction 'S of Original Area $96,678034 s0 s0 007h 1 586710915 S=7,932 s507S02 -0.6w. North Wahrbrd Aparhnoak 1 1,879JIM 1A81,®5 5w= SW.932 Added Area 12 SM 764 1B1 $14.0%469 85 706,3M -0.81% 6 s679.641401 s14226,147 $111AS BS .121% Nodh Watarlord Aparbrredr 1 14827,982 O.W8,181) 5,180,793 5.189.793 Osage Tower Ltd 1 23,OmA7O 17.ODO.00D B.9m.OD0 2889,m0 1 23AODA0 17.m0.00D eAmAD0 2958.Om Emerdol Grand Tarrece,Um 1 5=100 3=000 1,882,780 Ammar,Inc. 1 42M.04 3,m0,Om 1W.4D4 1,2 AD4 Tapia,Donald R 1 3,Sm,310 2,550.OM 1,010,310 1A11DXG Tangs.Fahim 1 2,264,331 1,100,0m 1,164�M1 1 2264291 1,100Am 1,164a31 - Suh Family Trust 1 1.0M.500 582.Om lim1 D0 1 1=.MO 330,0m &O.OM - Hackett,Christopher W 2 1.O4D.mO 6114m 433,80 Aratm.Craig E 1 731,ID3 721,00D 10=1 10A93 '41 TimeWamwCable 1 38DAM 38,8m 341,200 34)AI0 (n Bavadian,Shapeur 1 234.477 IM000 54,47 54.477 n Blaieh Invatmenla 1 22kWO 100.Om 129.5D0 120,6D0 D Guru Nanak Investment,Uc. - 1 185,OD0 90A00 125AM 125A00 r D&NUFH 1,L IC. 1 34.459 24142 1D,347 10,347 n Total torAll Project Areas 12 5M6442769 $14.09469 55708, III •0.71.% 7 5769, UIS S14017,079 111B.-MA1ll •1.W/. O Z Source:San Bernardino County Assessor C r ' D Z m M 0 FISCAL CONSULTANT REPORT TAX RATES The Agency currently receives incremental revenue based on the 1.0%general ad valorem property tax levy. By law, any taxes in excess of the general levy, approved by the voters on of.after January 1, 1989, imposed after the Plan was adopted must be paid to the respective taxing entities. There are no tax levies in excess of the 1 percent and the tax increment projections employ a 1.0%.general ad valorem property tax levy. Figure 11 presents a breakdown of the property tax levy in the Project Area. Fl G 1 B - URE Or REAKDOYYIAi P _OF RO.lECTAREAT AX RATE_ Ta)dng Agency 2006-07 2007-08 2008-09 2009-10 2010-11 Shares Original Amended Combined County General Fund 0.12717 0.12717 0.12717 0.12717 0.12715 0.12717 0.12717 Educational Revenue Augmentation Fund 0.19256 0.19256 0.19256 0.19256 0.19254 0.19256 0.19256 Flood Control 0.02257 0.02257 0.02257 0.02257 0.02257 0.02257 0.02257 Flood Control Admin 0.00159 0.00159 0.00159 0.00159 0.00159 0.00159 0.00159 County Library 0.01231 0.01231 0.01231 0.01231 0.01231 0.01231 0.01231 Superintendent of Schools 0.00653 0.00653 0.00653 0.00653 0.00653 0.00653 0.00653 City of Grand Terrace 0.19971 0.19971 0.19971 0.19971 0.19971 0.19971 0.19971 San Bem.Comm.College Dist. 0.04469 0.04469 0.04469 0.04469 0.04469 0.04469 0.04469 Colton Joint USD 0.26531 0.26531 0.26531 0.26531 0.26531 0.26531 0.26531 County Fire District - - - 0.10336 0.10336 0.10336 0.10336 County Service Area 38 0.10336 0.10336 0.10336 - - - - Riverside,Coiona Conserv.Dist. 0.00120 0.00120 0.00120 0.00120 0.00124 0.00119 0.00120 San Bern.Valley MWD 0.02300 0.02300 0.02300 0.02300 0.02300 0.02300 0.02300 Subtotal 1.00000 1 1.00000 1.00000 1.00000 1.00000 'IM000 1.00000 No Override Tax Increment Revenue - - - - - Total Tax Levy 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 Source: San Bernardino County Auditor-Controller reports It is important to note that fire protection services are provided by the County of San Bernardino County Fire District. These services were provided by "County Service Area 38," as shown in Figure 10 above, until January 2008 when it was dissolved and reorganized under the San Bernardino County Fire District. UNITARY UTILITY REVENUE As provided by Assembly Bill 454, tax revenue from unitary utility property is disbursed in a different manner than revenue from non-unitary property. Unitary utilititaxes are apportioned by the County Auditor-Controller based on a regional distribution methodology, regardless as to where the unitary utility property is located. Typically, unitary utility taxes are relatively small and see limited growth due to this methodology. According to the County Auditor-Controller, the Agency has not received any unitary utility taxes during the past ten years. For the purposes of the tax increment revenue projections in this report, RSG does not anticipate the Agency would begin collecting such revenue in the future. 15 FISCAL CONSULTANT REPORT COUNTY ADMINISTRATIVE FEES Actual tax increment disbursements are reduced to reflect the tax collection fee charged by the County Auditor-Controller pursuant to Senate Bill 2577. The tax collection fee varies slightly from year to year, based on actual costs incurred by the County for administration of property taxes to the Agency. In 2009-10, the County charged the Agency a total of$119,977 for the fiscal year, equal to approximately 1.52 percent of the gross tax increment revenue received that year. RSG has accounted for a similar rate of County administrative fees going forward in our projections, and has reduced both housing and non-housing funds by their pro rata share of this fee. TAX INCREMENT COLLECTION HISTORY Tax increment charges, equal to the incremental assessed value multiplied by the one percent general levy, have been consistently exceeded by actual revenues over the past five years, largely as a result of supplemental revenues collected after tax bills are issued. Supplemental property tax receipts and prior year collections resulted in the Agency collecting between $117,430 and $749,995 in revenues as compared to what was billed based on assessed values of the Project Area. RSG summarized year-to-year changes in the Project Area's revenues in Figure 11 below. Despite the fact that tax increment billings have been exceeded by actual receipts in recent years, RSG has conservatively excluded these revenues from our calculations of projected revenues. ._ 2001-02 2002-03 2003-04 2oo40 2005-06 2006-07 2007-05 2008.09 2009.10 TOW aua 11 5 368.64,120 S 391, 1 7,0 46a.180.449 641.052JM 3 OW.164,W1, 12, 1,4 669, ,029 Tu Rda 1.0000W 1.000000 1.000000 1.000000 1.000000 1.000000 1.000000 1.0000W 1.000000 66 Esrinfsd Tax hroanwr S 3,6 ,411 S 3.817.796 S 4.270,552 S 4,681,694 S SA10,525 S 0.021.644 6 6.818.850 S 7.129,615 S 6,693,540 Grass Tu Inaarrrsrn RaosWatl 12 3 971 _4 116 4 567 184 402 536 0 160 520 i 0,539.392 S 7.069,63D S 7,677.667 S 6 810.970 cu wrt av 3, �.1 ,004, ,6 'J�� ��,`§21 � DdA Sarrica 8 2,500 S 680 S (150)$ 2,091 $ 4.330 S 2,622 S 65,72D S SZ402 S 49,216 _ ,Prb Yv S 177.501 S 160,260 S 167.50 S 396.621 S 459.246 S 272.343 S 380.440 S 597,929 S 440.712 VOW= S 284,944 S 278,318 S 296,602 5 720.644 $ 749,995 S 517,749 S 268,7591 548.053 S 117,430 SMNW San Bamsrdio Cmery Aullb Cavr6oeW 11 TOW hKmrantel Assusad Value Is MlcrbfW In Rpm X of to spat 2 EsOrn.4sd Tax Inaamar4 is to podud of the TaW In wwAd Assasasd Vsk a and Sr Tax Rmb. 50,000,000 c 5750400D PAMAM Sb.000.0aa ..'x SSSMAM SSA00Ao0 � 51.500.a00 iS4A00,OM _ II535MAfa S3A00.Ca0 fff 2003d1 2=-03 2003-M 700LGS 204R06 2W&W 30a)da 20" 7LD310 _hr.1.. �Q..R1.. y-EY1n.fN Tn rnv.mn,t According to the County Tax Collector, property taxes are reported as delinquent in their reports when such taxes remain unpaid at the end of the.fiscal year, after June 30. Taxes are generally paid twice a year, on November 1 and February 1; so taxpayers that are late making these installments but current by June 30 are not reported as delinquent. Delinquent property taxes impact the Agency's tax increment revenues. The Agency is not on a County Teeter Plan, which stabilizes property tax payments at 100% of the anticipated receipts. As a result, actual Agency tax increment receipts are reduced to reflect property tax delinquencies. Although the Agency has a ® 16 FISCAL CONSULTANT REPORT history of receiving prior year taxes (presumably due to delinquent or late payments)over the last nine years, the total amount of current year tax increment receipts was an average of 3 percent higher than the amount of estimated-tax increment revenues over this period. LOW AND MODERATE INCOME HOUSING FUND DEPOSITS The CRL requires the Agency to deposit 20 percent of tax increment allocated to the Agency into a Low and Moderate Income Housing Fund for the purposes of maintaining and expanding the supply of housing affordable to very low, low, and moderate income households. As allowed by CRL Section 33690.5(c), the Agency loaned $448,636 from the Low and Moderate Income Housing Fund to the Redevelopment (non-housing) fund for the May 2011 Supplemental Educational Revenue Augmentation Fund ("SERAF") payment. The Agency intends to repay this interest-free loan within the five year period pursuant to the requirements of CRL Section 33690(c)(2). PAYMENTS TO AFFECTED TAXING AGENCIES The Agency is responsible to share a portion of its tax increment revenue with affected taxing agencies, as described in detail below. Generally,the Agency's obligations fall into three categories: Fiscal Mitigation Agreements: payments for fiscal mitigation agreements with entities affiliated with the County, San Bernardino Valley Municipal Water District,and the Colton Joint Unified School District. Statutory Payments: payments to other affected taxing agencies that did not have an agreement with the Agency at the time of an amendment to the Redevelopment Plan which trigged additional payments in exchange for rescinding the time limit to incur debt. These obligations are detailed on the following page. County & SBVMWD Settlement Agreement Pursuant to a Settlement Agreement dated April 21, 1980, as amended on June 16, 1993, the Agency makes a full pass through of tax increment revenue to several taxing agencies, including the County General Fund, County Flood Control District, County Library District, County Service Area 38 (since reorganized as the County Fire District), the Riverside-Corona Resource Conservation District,.the County Superintendent 'of Schools and the San Bernardino Valley Municipal Water District("SBVMWD). The County Auditor-Controller remits these payments to these taxing agencies prior to the disbursement of tax increment revenue to the Agency each year. On April 20, 2011. the San Bernardino County Auditor-Controller's Office notified the Agency that the County . erroneously included property tax revenues attributable to debt service override tax rates for the SBVMWD in the fiscal year 2008-09 and 2009-10 apportionments to the Agency. The County is attempting to address this situation by meeting with the Agency to discuss settlement options which may include repayment of the some of or all of the amount of the overpayment, which is currently estimated at$2,295,360. The Agency is in the process of verifying data and subject to verifying the Auditor-Controller's allegations, expects to arrange for repayment. It is important to note that the Agency treated the alleged overpayment as tax increment revenue and as such, set aside excess low and moderate income housing funds (20 percent of the amount of overpayment, or approximately $459,000 over thki two year period) and paid excess-statutory pass through payments to » ') 17 �c FISCAL CONSULTANT REPORT affected taxing entities (approximately $167,000 for the 2 year period). Thus, assuming the Agency was overpaid as the Auditor-Controller alleges,these housing and pass through obligations were over-funded and the Agency intends to make the necessary adjustments to these funds and apply these revenues to a possible settlement agreement with SBVMWD. Additionally, the Agency currently retains non-housing cash reserves of approximately $1.7 million which also, could be applied to a potential settlement agreement payment. Going forward, the Agency will be discussions with the County Auditor's Office regarding more oversight of tax increment apportionments-in the future. Colton Joint Unified School District Agreement / 1 The Agency and Colton Joint Unified School District entered into a revised tax increment agreement on July 8, 1993 which provides that following that date, the School District is to receive its share of the inflationary increase in Project Area real property values annually. It should be noted that because the County Auditor- Controller does not report the real property value of the base year values for the Original and Added Areas, respectively„ it has been the practice of the Agency to compute these payments based on the secured base year assessed values of the Project Area. Unlike the County Settlement Agreement,the Agency remits these payments to the School District. The 1993 Agreement was amended once on March 14,2002,when the Agency and School District executed an agreement for the Agency to advance to the School District $1,600,000 of future School District pass through for the-completion of improvements at Richard Rollins Park and Terrace Hills Middle School. As a result, between 2003-04 and 20.10-11, the Agency retained the School District annual pass through as an interest free credit towards the$1,600,000 advance. A review of the Agency's financial records indicated that a total of$930,737 of pass though due to the School District has not yet been remitted by the Agency, but has been recorded as a liability and reduced from Agency fund balances accordingly. The Agency has sufficient cash on hand to remit this payment and will seek direction from the Agency board and School District officials as to the timing and appropriate-use of these funds owed to the School District. Statutory Payments When the City Council adopted the Fifth Amendment to the Redevelopment Plan on July 22, 2004 to rescind the Plan's time limit on incurring debt, this action triggered a subsequent obligation to make payments to the San Bernardino Community College District, the City of Grand Terrace and the Educational Revenue Augmentation Fund beginning in 2004-05. The amount shared with these districts is based on formulas in Sections 33607.5 and 33607.7 of the Health and Safety Code ("Statutory Payments"). Statutory Payments are calculated annually using the Project Area assessed value and each taxing entities share of the tax levy. For the first 10 years the Agency collects tax increment revenue, the Statutory Payments are equal to 25 percent of the Project Area's annual non-housing tax increment revenue collected in excess of the 2003-04 assessed value of the Project Area.,Subsequently, these Statutory Payments are subject to two increases. Beginning in the eleventh year, in addition to the first 25 percent share, the Agency would be required to pay an additional 21 percent of the incremental increase in nonhousing tax increment revenues exceeding the 2013-14 assessed value. A third tier,is described in the law, but is not triggered in this case because it would be reached after the Agency no longer collects tax increment revenue. FISCAL CONSULTANT REPORT OWNER PARTICIPATION & DEVELOPER AGREEMENT PAYMENTS The Agency does not have any agreements which have a specific pledge of tax increment revenue that may be senior to any future financings by the Agency at this time. SUPPLEMENTAL EDUCATIONAL REVENUE AUGMENTATION FUND SHIFT The State of California approved the fiscal year 2009-10 budget relying on a $2.05 billion shift from redevelopment agencies over two years. In fiscal years 2009-10 and 2010-11, all redevelopment agencies were required to make SERAF payments to their local County Auditor-Controller from available funds, or employ other legal means to shift the funds to the County for distribution to local school districts. The Agency's share of these SERAF payments were$2,179,087 due in May 2010 and $448,636 due in May 2011. The Agency has paid the May 2010 SERAF installment from its cash reserves. As stated previously, the May 2011 payment will be made with a loan from the Agency's low and moderate income housing fund, as allowed by CRL Section 33690.5 (c). The Agency intends to repay this interest-free loan within the five year period pursuant to the requirements of CRL Section 33690(c)(2). The California Redevelopment Association ("CRA") has lost a court challenge on the legality of these SERAF payments; while it pursues an appeal, CRA has advised redevelopment agencies to remit these payments. Future shifts are less likely, as the voters approved Proposition 22 in November 2010 to constitutionally protect redevelopment agency tax increment funds from similar state shifts. The 2011-12 state budget proposed by Governor Brown has, proposed to abolish redevelopment agencies as a means to circumvent the constitutional protections for redevelopment funds;it remains to be seen whether such a course is legal or politically viable. TAX INCREMENT REVENUE PROJECTIONS Figure 12 presents the tax increment revenue projections for the Project Area, based upon the assumptions described in this Report. • 19 �7 FISCAL CONSULTANT REPORT FIGURER: 2010-11 TAX INCRg*W,t?R0.1EC770NS a...,-,._.._.,. .... ..,:. ................. .......:....,. Fiscal Year Total Pass Through Payments by Agency Housing Housing Not Senior Lien Nonhousing Obligations Net Tax Set Bond DS Housing Nonhousing Increment County CJUSD Statutory Pmt Total Aside 2004 TA Revenue County Adm 2004 TA Zion Bank loan Total Revenue (pd by County) (pd by Agency)(pd by Agency)Pass Throughs 33.35% 1.76% 66.65% (1997 COP) 1 2010-11 6,285,170 1,871,267 222,177 150,132 2,243,576 1,257.034 619,301 637,733 110.619 1,237,674 254,848 1,603.140 1,181,420 2 2011-12 6.284,687 1,871.124 261.142 150,090 2,282,355 1.256,937 619.301 637.636 110,610 1,237.674, 254.848 1.603.132 1.142.263 3 2012-13 6,313,455 1.879,689 273.312 152,604 2,305,604 1,262.691 619,301 643,390 111.117 254,848 365.964 2.379,196 4 2013-14 6,387,953 1,901,869 285.725 159.114 2,346,708 1,277.591 1.277.591 112,428 254,848 367,276 2,395.379 5 2014-15 6,538,437 1.946,672 298.387 179,918 2,424,976 1,307.687 1,307.687 115.076 254,848 369.924 2,435,849 6 2015.16 6.691,931 1.9i12.371 311,302 200.819 2.504,492 1,338.386 1.338.386 117,778 254,848 372.626 2.476,427 7 2016-17 6,848,495 2,038.984 324.475 222,299 2,585,759 1.369.699 1,369,699 120,534 254.848 375,381 2,517,656 8 2017-18 7,008,190 2,086.530 337,911 244.209 2,668,651 1,401,638 1,401,638 123,344 254.848 378.192 2.559.710 9 2018-19 7,171.079 2.135,027 351.617 266,557 2.753.200 1.434.216 1,434,216 126,211 254.848 381,059 2,602,604 10 2019-20 7,337,226 2,184,493 365,596 289,352 2.839.441 1,467.445 1.467.445 129.135 254,848 -383,983 2.646,357 11 2020-21 7,506.696 2.234.949 379,855 312,603 2,927.407 1.501.339 1.501,339 132.118 127,424 259,542 2,818,408 12 2021-22 7,679.555 2,286,414 394.400 336.319 3,017,132 1,535.911 1,535,911 135,160 - 135,160 2.991,352 13 2022-23 7.855,871 2.338,908 409,235 360.509 3,108.651 1,571.174 1,571,174 138,263 - 138,263 3.037.783 14 2023-24 8,035.714 2,392,452 424,366 385,183 3,202,001 1,607,143 1,607,143 141,429 - 141.429 3,085,142 15 2024-25 8,219,153 2,447,067 439,801 410,350 3.297.218 1.643.831 1,643,831 144,657 - 144,657 3,133.448 16 2025-26 0.406,262 2,502,774 455.544 436,021 3,394.339 1.681,252 1.681.252 147.950 - 147.950 3,182,721 17 2026-27 8,597,112 2,559,595 471.602 462.205 3.493,402 1.719,422 1,719,422 151,309 - 151,309 3,232,978 18 2027-28 8.791,780 2.617,553 487.981 488,913 3,594.447 1.758,356 1,758,356 154,735 - 154.735 3.284,241 19 2028-29 8.990.341 2.676,670 504,688 516,155 3.697,513 1,798.068 1,798,008 158,230 - 158,230 3,336,530 20 2029-30 9,192.873 2,736.969 521.729 543,942 3.802,640 1,838,575 1,838,575 161,795 - 161.795 3.389.864 21 2030-31 9,399,455 2,798.474 539.111 572,284 3,909,869 1,879.891 1.879,891 165.430 - 165.430 3.444.265 22 2031-32 9,610,170 2,861,210 556,840 601.194 4.019,244 1,922,034 1,922.034 169.139 - 169,139 3.499.753 23 2032-33 8,603.238 2.561.389 551.543 463.045 3.577,977 1,720.648 1.720,648 151,417 - 151.417 3.153.197 24 2033-34 8,796,927 2,619,054 671,310 489,619 3 679 984 1,759,385 1,759,385 154,826 - 154,826 3,202,732 Total 186.551,770 65,541.502 9,741,647 8.393,434 73.676.584 37,310.354 1,857,903 35,452.451 3,283,311 2.475.348 2.675,899 8.434,558 67,130,275 Cumulative Increment Net of Negotiated Pass Through Payments(applied to cop): 18%709.= 20 v FISCAL CONSULTANT REPORT While RSG has taken precautions to assure the accuracy of the data used in the formulation of these tax increment revenue projections, we cannot ensure that projected valuations will be realized. Future events and conditions that cannot be controlled or predicted with certainty may affect actual values presented in this report. ROSENOW SPEVACEK GROUP INC. Jim Simon Hitta Mosesman Principal Senior Associate 29 ATTACHMENT #2 FINANCING OPTIONS MEMORANDUM i INTELLIGENT COMMUNITY DEVELOPMENT ROSENOW SPEVACEK GROUP INC. T 714 5414585 309 WEST 4TH STREET F 714 541 1175 SANTA ANA, CALIFORNIA E INFO&WEBRSG.COM 92701-4502 WEBRSG.COM Via Electronic Mail Date: April 25, 2011 TO: Betsy Adams, City Manager Joyce Powers, Community and Economic Development Director Bernie Simon, Finance Director CITY OF GRAND TERRACE FROM: Jim Simon, RSG Hitta Mosesman, RSG SUBJECT: FINANCING OPTIONS—GRAND TERRACE COMMUNITY REDEVELOPMENT PROJECT AREA Pursuant to our recent discussions pertaining to the Grand Terrace Redevelopment Agency's ("Agency") financing options to maximize revenues to complete projects and programs within the Grand Terrace Community Redevelopment Project Area ("Project Area"), this memorandum provides information about various financing options available to the Agency. With the potential passage of Assembly Bill 101 and Senate Bill 77, which would effectively eliminate redevelopment agencies and force agencies to forfeit all revenues and assets with the exception of established indebtedness, it is advisable that the Agency attempt to complete as many planned redevelopment activities in the short-term. This memorandum provides an analysis regarding financing options available to the Agency at this time to accomplish this objective. Review of Existing Indebtedness The California Community Redevelopment Law, Health and Safety Code Section 33000, et. seq. ("CRL") requires all redevelopment agencies to file an annual report providing information on all existing indebtedness to justrfy the collection of tax increment. More speci>fcally, the CRL requires redevelopment agencies to establish indebtedness in order to collect tax increment. With this indebtedness, redevelopment agencies obtain the resources to fund infrastructure and economic development projects, as well as meet operational costs and other contractual obligations. The "indebtedness-first" manner of securing tax increment revenue is intended to be a safeguard that ensures that redevelopment agencies only receive the amount of tax increment revenue to the extent it is needed; with the remainder of the tax increment distributed to other taxing agencies. As a result, a redevelopment agency only collects tax increment revenue to the extent it has indebtedness incurred to do so. -'fl7EVEL0PNE'li PLANNING t.-ai'I5 �1 Betsy Adams Joyce Powers Bernie Simon CITY OF GRAND TERRACE April 25, 2011 Page 2 Based on our preliminary projections, the Agency is projected to collect as much as $186 million in tax increment revenue through 2033-34. Compared to the amount of existing indebtedness of $119 million, the Agency may not collect the remaining $67 J million unless additional indebtedness is incurred. The Agency's current indebtedness includes the following: • 2004 Tax Allocation Bonds (requiring annual debt, service payments until the bonds are retired in fiscal year 2012-13) Zions Bank loan (formerly the 1997 Certificates of Participation)with annual debt service payments until fiscal year 2020-21 Annual payments to the County of. San.Bernardino and the Colton Joint Unified School District(pursuant to negotiated pass through agreements) • .`s'.situtory annual pass through payrrlents (required by the.;CRL to all taxing entities except the County of San Bemardino and Colton Joint Unified School District(CJUSD)) • and moderate income.housing set aside(20, nt of gross tax increment) �.636 loan from the._Low. and Moderate; Income Housing Fund for the lemental Education Augmentation Fund • Cou;Iy administrative fees y �.mad and administrative costs )ximat*.$2;317,500 for various projects;,including:= Town Center. o CJUSD/Agency_storm drain.project Baseball.field construction o Street improvements At present, after spending approximately$2.3 million in 2010-11, the Agency would not have any additional funds for projects without incurring additional debt, forgoing over$67 million in net non-housing funds for principal and interest payments on economic development and infrastructure programs. If AB.101• and SB 77 are adopted in their current draft:form, the elimination of redevelopment would cap the ability to incur additional debt;..,thereby capping the ability of a redevelopment agency to obtain additional tax increment revenue to undertake projects. In Grand Terrace, this may mean a substantial loss of future local resources for both economic development as well as affordable housing. Redevelopment agencies all over California have employed a number of mechanisms to secure future tax increment revenues by incurring additional debt, including loans with the city or county, issuing tax allocation bonds, obtaining a line of credit, or other -egitimate means of capturing the most tax increment revenue possible to ensure, as much completion of redevelopment and economic development projects as possible, as this may be the last such money the community may ever see. Betsy Adams Joyce Powers Bernie Simon CITY OF GRAND TERRACE April 25, 2011 Page 3 Near-Term Financina Options As a result of these issues, we projected tax increment revenues over the next 23 years to ascertain the amount of capacity to obtain additional funds. The Agency has sufficient revenues, after the above-described obligations'are met, to leverage this stream of future revenue to fund projects and programs in the near-term. There are several financing options available that the Agency can pursue, as described below. Tax Allocation Bond Issues Tax allocation bonds are the most commonly utilized financing mechanism for redevelopment agencies to fund redevelopment activities, The Agency has issued bonds in the past to raise revenues to immediately fund projects and programs. In order to maximize near-term revenues, several bonding scenarios have been analyzed to provide the Agency with various options. . Scenario 1 The first scenario assumes that the Agency will deposit funds on hand (Le., available cash balance of$1.6 million) and the existing 2004 reserve fund held by the bond fiscal agent (approximately $1.3 million) to retire the outstanding 2004 bonds maturing September 1, 2012. This scenario would result in a bond:issue of approximately $23 million. After issuance costs and reserve requirements, the Agency would have net proceeds of approximately $20 million. The bonds would have a debt service coverage factor of 1.40, meaning that the Agency's annual tax increment is projected to be 1.40 times larger than the amount of the.annual debt service payment. It is important to note that.the 2004 bonds are not callable in advance of maturity due to the terms of the bond indenture, so the approximately$2.9 million would be deposited in an Escrow Fund and used by. the Bond Trustee to make the regularly scheduled principal and interest payments on the 2004 Bonds until their final maturity. Additionally, because the 2004 Bonds were refunding bonds when they were issued, the Agency may not use new bond proceeds to defease the 2004 Bonds. Scenario 2 The second scenario assumes the 2004 Bonds are left outstanding until maturity and debt service is "wrapped.around" current debt service, or as current debt service is reduced, some of the new debt service is applied, but the annual debt service remains constant over the life of the bond issue. This Scenario ensures level debt service for the Agency until the new bonds mature. Scenario 2 would yield a total of $22.5 million in bonds, with a net amount to the Agency of approximately $20 million after issuance costs and reserve requirements are applied. This scenario would also have a debt service coverage factor of 1.40. Betsy Adams Joyce Powers Bernie Simon CITY OF GRAND TERRACE April 25, 2011 Page 4 Scenario 3 The third scenario assumes the 2004 Bonds are left outstanding until maturity and debt service is structured to remain at about the same levels as those currently paid by the Agency. Scenario 3 results in a$15.5 million bond issue, with approximately$13.6 million in net proceeds to the Agency. The debt service coverage factor on these bonds would be 2.0. The table below provides a summary and comparison of these three scenarios. Cash Needed Coverage(allows" for Reserve Net Proceeds to. '" for>$850,000 for Scenario# Fund, Total Issue' Agency, admin costs);. 1 $1,949,955 $23,035,000 $20,240,000 40% 2 $1,949,955 $22,500,000 $19,710,000 40% 3 $1,349,730 $15,575,000 $13,610,000 100% As shown in the last column of the table above, each of the scenarios results in net tax increment revenues of over $850,000", annually after existing debt service and obligations, and new debt service from the scenarios described previously, are paid.This financing structure allows the Agency to fund needed annual administration costs. A proposed schedule for bond issuance that could be applicable under any of the three scenarios is also provided on the following page for informational purposes. Betsy Adams Joyce Powers Bernie Simon CITY OF GRAND TERRACE April 25, 2011 Page 5 Date Task April 29, 2011 Financing Team Conference Call April 29, 2011 Draft Revised Fiscal Consultant's Report May 4, 2011 Financing Team Conference Call Presentation of Financing Options to Council/Request Authorization of Financing_ May 10, 2011 Team/Direction to Start Rating Process May 17, 2011 Draft Preliminary Official Statement May 17, 2011 Draft Bond Indenture May 23, 2011 Comments due on Preliminary Official Statement May 23, 2011 Comments due on Bond Indenture., May 24, 2011 Council/Agency Resolutions for Bonds May 26, 2011 Rating Agency Conference Call May 31, 2011 Receive Rating June 1, 2011 Official.Statement Printed June 13, 2011 Pre-Price Bonds June 14, 201:1 Price Bonds/Agency signs Purchase Agreement June 21, 2011 Bond Closing/Agency Receives Bond Proceeds Private Placement Private.placement financing is the sale of a bond or other security directly to a limited number of investors. For example, sale of stocks, bonds, or other investments directly to an institutional investor like an insurance company, avoiding the need for Securities and Exchange Commission ("SEC") registration if the securities are purchased for investment as opposed to resale. A private placement is exempt from SEC registration, subject to certain restrictions,,because it is not offered to the general public. In order to make a private placement,,the issuer must file a private placement memorandum (PPM), which explains exactly why the issue complies with SEC Regulation D exempting certain companies from registration; this is done to protect both the issuer and the investors. According to Regulation D, a PPM must contain a complete description of the security and the terms of the sale. It must also include applicable information about the issuer's financial situation and applicable risk factors. We have researched the private placement option for the Agency and it appears that at the present time, there is very little interest in this type of financing for redevelopment Betsy Adams Joyce Powers Bernie Simon CITY OF GRAND TERRACE April 25, 2011 Page 6 agencies. Therefore, this does not appear to be a viable option for the Agency at this time. Line of Credit Another financing option to be explored is a line of credit for the Agency. We recently learned that Wells Fargo Bank extended the City of Santa Monica Redevelopment Agency a seven-year, $60 million line of credit in March of this year. It is our understanding that Wells Fargo provides this type of line of credit for existing customers only and we are aware that the Agency currently banks with Bank of America. Irrespective of Bank of America's own appetite and terms,.if the Agency were to try to pursue a similar seven-year financing with its bank at terms similar to the Santa MonicaANells Fargo transaction, the net proceeds would be roughly half of a 23-year tax allocation bond could yield, and leave no certainty about capturing the additional tax increment revenue after the seventh year in the event that redevelopment is eliminated by the State. 3:d CALI'PORNIA AGENDA REPORT MEETING DATE: May 10, 2011 Council Item (X) CRA Item ( ) TITLE: Check Register No. 05-10-2011 PRESENTED BY: Bernie Simon, Finance Director RECOMMENDATION: Approve BACKGROUND: The Check Register for May 10, 2011 is presented in accordance with Government Code §37202. The attached index to the warrant register is a guideline account list only and is not intended to replace the voluminous list of accounts used by the City and CRA. Expenditure account number formats are XX-XXX-XXX [Fund-Depart-General Account]. Expenditures may be made from trust/agency accounts (fund 23-xxx-) or temporary clearing accounts which do not have budgetary considerations. DISCUSSION: A total of $592,637.26 in accounts payable checks was issued,during the period for services, reimbursements, supplies and contracts and are detailed in the attached Check Register. Payroll costs for the period amounted to $71,991.66 and are summarized below. Some of the non-routine items include: 66701 Burrtec Waste Tax Roll Collection-Delinquent Trash Fees $5,832.05 Industries, Inc. 66703 Chino Ice 11 Tons Snow for Child Care Snow Day $2,229.70 66722 Len Perdue Appraisal Analysis/Summary Appraisal $2,600.00 Report for property on Grand Terrace Road . 66726 Redflex Traffic February and March Contract Services $9,80420 Systems COUNCIL AGENDA ITEM NO.� 66741 Wildan Winter Storm Damage-Grand Terrace Road $1,800.00 Account 10-190-702-001-000 Some the larger items include: 66711 Fraco Baseball Field Construction Management $10,628.88 Enterprises Services/Misc. 66728 Rock Bottom Baseball Field Construction Payment#4 $55,514.85 66730 SB Co. Auditor/ 2011 SERAF Payment—state required shift $448,636.00 Controller of property taxes to schools Payroll costs processed for period ending April 15, 2011 Date Period Payroll and payroll costs 04/15/11 Biweekly $71,991.66 FISCAL IMPACT: All disbursements are made in accordance with the adopted budget for FY 2010-11, { Respectfully submitted, Bernie Simon Finance Director Manager Approval: Betsy WAda s City Manager ATTACHMENTS: Check Register—May 10, 2011 vchlist Voucher List Page: 1 05/03/2011 5:05:39PM CITY OF GRAND TERRACE Bank code: bofa Voucher Date Vendor Invoice Description/Account Amount 66686 4/26/2011 011110 TIME WARNER CABLE Apr 844840...3817 APR/MAY CABLE&INTERNETSERVICE-SR CNTR 10-805-238-000-000 58.91 Total: 58.91 66687 4/26/2011 011110 TIME WARNER CABLE Apr 844840..3825 APR/MAY CABLE&INTERNET SERVICE-SR CNTR 10-805-238-000-000 58.91 Total: 58.91 66688 4/26/2011 001206 ARROWHEAD CREDIT UNION Mar/Apr 2011 Mar/Apr Visa Charges 21-175-270-000-000 Prop 26 Webinar Registration 200.00 10-440-228-000-000 Mother's Day/St.Patrick's Day Supplies-C.Care 46.32 10-440-219-000-000 -General Supplies-C.Care 63.47 23-200-14-00 Walk-a-thon Fundraiser 71.48 10-440-221-000-000 Mothers Day Tea Supplies 43.45 10-175-272-000-000 Alignment&Oil Change for Maintenance Trucks 210.08 32-200-270-000-000 ICSC Workshop 4/612011-J.Powers 45.00 Total: 679.80 66689 4/26/2011 001213 AT&T Apr 2011 Apr/May Phones&Internet Service 10-440-235-000-000 173.36 10-190-235-000-000 506.79 10-450-235-000-000 - 46.26 10-805-235-000-000 159.04 10-808-235-000-000 76.75 Total: 962.20 66690 4/26/2011 003210 DEPT 32-2500233683 6123173 Neighborhood Imp.Grant-Hughes 32-600-305-000-000 757.49 6123175 Neighborhood Imp.Grant-Chavez 32-600-305-000-000 1,057.01 Total: 1,814.50 66691 4/28/2011 006285 RIVERSIDE HIGHLAND WATER CO Feb/Apr 2011 Feb/Apr Usage and Fees Page: 1 vchlist Voucher List Page: 2 05/03/2011 5:05:39PM CITY OF GRAND TERRACE Bank code: bofa Voucher Date Vendor Invoice Description/Account Amount 66691 4/28/2011 006285 RIVERSIDE HIGHLAND WATER CO (Continued) 10-190-238-000-000 319.11 10-805-238-000-000 655.30 10-440-238-000-000 140.21 10-450-238-000-000 1,667.49 26-600-239-000-000 99.47 26-601-239-000-000 28.86 32-600-301-000-000 10.30 32-600-307-000-000 20.60 34-700-709-000-000 10.30 34-700-710-000-000 10.30 34-700-767-000-000 10.30 Total: 2,972.24 66692 5/2/2011 010996 CA PUB EMPLOYEES'RET.SYSTEM H2011051493000 MAY EMPLOYEE/DEPENDENT HEALTH INS. 34-400-142-000-000 384.84 10-625-142-000-000 277.92 10-022-61-00 8,341.49 10-022-55-00 684.13 10-190-265-000-000 74.93 10-120-142-000-000 363.45 10-125-142-000-000 641.38 10-140-142-000-000 962.07 10-172-142-000-000 406.19 10-175-142-000-000 662.75 10-180-142-000-000 171.03 10-370-142-000-000 726.88 10-380-142-000-000 320.68 10-440-142-000-000 2,256.70 10-450-142-000-000 342.06 16-175-142-000-000 940.67 21-175-142-000-000 427.60 32-200-142-000-000 684.10 32-370-142-000-000 470.34 Total: 19,139.21 66693 5/3/2011 006720 SO.CA.EDISON COMPANY April 2011 April Energy Usage Page: 2 { vchlist Voucher List Page: 3 05/03/2011 5:05:39PM CITY OF GRAND TERRACE Bank code: bofa Voucher Date Vendor Invoice Description/Account Amount 66693 5/3/2011 006720 SO.CA.EDISON COMPANY (Continued) 10-450-238-000-000 1,046.45 10-190-238-000-000 2,551.44 16-510-238-000-000 455.84 10-440-238-000-000 790.11 10-172-238-000-000 74.26 10-175-238-000-000 74.26 Total: 4,992.36 66694 5/3/2011 001213 AT&T April 2011 Apr/May Phones&Internet Service 10-190-235-000-000 122.59 Total: 122.59 66695 5/3/2011 001038 VERIZON WIRELESS-LA 0971021114 Apr/May Wirless Service-Public Works 10-175-240-000-000 103.21 Total: 103.21 66696 5/10/2011 001072 ADT SECURITY SERVICES 120623897 4TH QTR SR.CTR SECURITY MONITORING 10-805-245-000-000 160.83 10-805-245-000-000 100.00 Total: 260.83 66697 6/10/2011 011184 ALBERT GROVER&ASSOCIATES 11116-IN Signal Light Timing 16-510-255-000-000 625.00 Total: 625.00 66698 5/10/2011 010293 AVAYA, INC. 2730960122 APRIMAY PHONE&VOICE MAIL MAINT 10-190-246-000-000 183.46 Total: 183.46 66699 5/10/2011 010293 AVAYA, INC. 352747 Replacement Phone 10-190-246-000-000 160.56 Total: 160.56 66700 5/10/2011 010070 BEARDSLEY,KEVIN HOWARD Jan-Apr 2011 JAN-APR VIDEO CAMERA OPERATOR-CC MTGS 10-125-250-000-000 400.00 Total: 400.00 Page: 3 vchlist Voucher List Page: 4 05/03/2011 5:05:39PM CITY OF GRAND TERRACE Bank code: bofa Voucher Date Vendor Invoice Description/Account Amount 66701 5/10/2011 011170 BURRTEC WASTE INDUSTRIES, INC. 04252011 4/13/11 Tax Roll Delinq.Trash Fees 23-302-90-00 7,638.10 04252011A 4/13/11 Tax Roll Delinq.Trash Fees 10-200-01 -1,416.62 04252011 B 4/13/11 Tax Roll Delinq.Trash Fees 10-200-09 -330.55 04252011C 4/13/11 Tax Roll Delinq.Trash Fees 10-200-14 -14.72 04252011 D 4/13/11 Tax Roll Delinq.Trash Fees 10-200-02 -44.16 Total: 5,832.05 66702 5/10/2011 011017 CA. BLDG.STANDARDS COMMISSION 3rd Qtr 2010-2011 3rd Qtr Green Building Standards Fee 10-700-01 -5.30 23-200-23-00 53.00 Total: 47.70 66703 5/10/2011 010297 CHINO ICE 35014 11 TONS SNOW DELIVERED 4/27/11 23-200-14-00 2,229.70 Total: 2,229.70 66704 5/10/2011 010403 CITY OF REDLANDS AR131885 March CNG Fuel 34-800-272-000-000 183.37 Total: 183.37 66705 5/10/2011 010866 CIVIC PLUS 88818 MAY WEBSITE MAINT FEE 10-125-250-000-000 652.25 Total: 652.25 66706 5/10/2011 001867 COMMERCIAL LANDSCAPE SUPPLY 172008 LANDSCAPE SUPPLIES 10450-245-000-000 378.98 Total: 378.98 66707 5/10/2011 001930 DAILY JOURNAL CORPORATION B2079412 April Notice of Public Hearing 10-370-230-000-000 169.40 Total: 169.40 Page: 4 vchlist Voucher List Page: 5 05/03/2011 5:05:39PM CITY OF GRAND TERRACE Bank code: bofa Voucher Date Vendor Invoice Description/Account Amount . 66708 5/10/2011 010711 DANKA FINANCIAL SERVICES 74558722 MAY E-STUDIO'350 TOSHIBA COPIER 10-172-246-000-000 79.78 10-175-246-000-000 79.79 Total: 159.57 66709 5/10/2011 001942 DATA TICKET INC. 35772 March Parking Cite Processing Services 10-140-255-000-000 100.00 Total: 100.00 66710 5/10/2011 011183 DISCOUNT TIRE/AMERICXS TIRE 2022673 Tires for Ford F-250 10-175-272-000-000. 408.51 Total: 408.51. 66711 5/10/2011 011106 FRACO ENTERPRISES INC 500.04 APRIL BBALL FIELD CONSULT&CONSTWN MGT 32-600-312-003-000 10,628.88 Total: 10,628.88 66712 5/10/2011 002740 FRUIT GROWERS SUPPLY 90762605 MAINT SUPPLIES 10-450-245-000-000 80.19 Total: 80.19 66713 5/10/2011 002795 GARCIA,LEE ANN May 2011 May Health Insurance Reimbursement 10-110-142-000-000 427.58 Total: 427.58 66714 5/10/2011 002867 GOLDEN PROTECTIVE SERVICES 148865 RUBBER GLOVES 10-440-228-000-000 86.78 Total: 86.78 66715 5/10/2011 010164 GREAT-WEST PR End 4/15/11 CONTRIBUTIONS/LOANS FOR PR END 4/15/11 10-022-63-00 4,978.36 10-022-64-00 2,167.48 Total: 7,145.84 66716 5/10/2011 010632 HIGH TECH SECURITY SYSTEMS 95704 MAY SECURITY CAMERA MAINT AGREEMENT 10-195-247-000-000 20.00 10-450-246-000-000 60.00 Page: 5 vchlist Voucher List Page: 6 05/03/2011 5:05:39PM CITY OF GRAND TERRACE Bank code: bofa Voucher Date Vendor Invoice Description/Account Amount 66716 5/10/2011 010632 HIGH TECH SECURITY SYSTEMS (Continued) Total: 80.00 66717 5/10/2011 004320 LAWNMOWER CENTER 9318 MOWER/BLOWER REPAIRS 10-450-246-000-000 191.33 Total: 191.33 66718 5/10/2011 004989 NATIONAL NOTARY ASSOCIATION 15806118 ERRORS&OMISSIONS INSURANCE-MARTINEZ 10-125-220-000-000 33.00 Total: 33.00 66719 5/10/2011 010097 NEXTEL COMMUNICATIONS 410575025-104 Mar/Apr Wireless Service-Maint/C.Care 10-175-240-000-000 240.51 10-440-235-000-000 49.07 Total: 289.58 66720 5/10/2011 005400 OFFICE DEPOT 562020857001 Office Supplies 10-140-210-000-000 111.32 562422613001 COPY PAPER/OFFICE SUPPLIES 10-140-210-000-000 74.21 10-190-212-000-000 717.53 Total: 903.06 66721 5/10/2011 011190 PARAMO,JACQUELINE 04252011 Refund Admin SA 10-06 Withdrawn 10-420-11 600.00 Total: 600.00 66722 5/10/2011 011192 PERDUE,LEN 11-015 Appraisal Analysis/Summary App Report 32-600-325-000-000 2,600.00 Total: 2,600.00 66723 5/10/2011 005586 PETTY CASH 04282011 Replenish C.Care Petty Cash 10-440-228-000-000 28.40 10-440-221-000-000 44.01 10-440-223-000-000 99.44 10-440-210-000-000 7.60 10-440-220-000-000 15.93 Total: 195.38 Page: 6 vchlist Voucher List Page: 7 05/03/2011 5:05:39PM CITY OF GRAND TERRACE Bank code: bofa Voucher Date Vendor Invoice Description/Account Amount 66724 5/10/2011 010565 QUICK LANE 096185 Diagnose CNG Leak on F-150 10-175-272-000-000 95.00 Total: 95.00 66725 5/10/2011 010420 RDO EQUIPMENT CO, RDO TRUST#80-5800 P20094 V-Belt for Lawn Mower 10-450-246-000-000 25.38 Total: 25.38 66726 5/10/2011 011074 REDFLEX TRAFFIC SYSTEMS 30269 February Contract Services 17-900-255-000-000 5,287.36 31228 March Contract Services 17-900-255-000-000 4,516.84 Total: 9,804.20 66727 5/10/2011 006298 ROAD WORKS INC. D01511SC Maintenance Crack Sealing-Michigan 16-900-257-000-000 4,400.00 Total: 4,400.00 66728 5/10/2011 011172 ROCK BOTTOM, INC. PW-06-10-4 BASEBALL FIELD PER GTB 10-06 32-600-312-000-000 44,657.10 Total: 44,657.10 66729 5/10/2011 006335 ROQUET PAVING INC. 0410.11 Grind/Overlay Asphalt on Michigan 16-900-257-000-000 4,395.00 Total: 4,395.00 66730 5/10/2011 006453 S.B.COUNTY AUDITOR/CONTROLLER May 2011 2011 SERAF Payment 33-300-701-000-000 448,636.00 Total: 448,636.00 66731 5/10/2011 006557 S.B.COUNTY DEPT. PUBLIC WORKS FC 129/11 4TH QTR NPDES FLOOD CONTROLL AGRMNT 10-625-220-000-000 3,725.00 Total: 3,725.00 66732 5/10/2011 006498 S.B.COUNTY ENVIRONMENTAL 04262011 Backflow Prevention Assembly Tester-Cruz 10-175-265-000-000 67.00 Total: 67.00 Page: 7 vchlist Voucher List Page: 8 05/03/2011 5:05:39PM CITY OF GRAND TERRACE Bank code: bofa Voucher Date Vendor Invoice Description/Account Amount 66733 5/10/2011 006510 S.B.COUNTY INFORMATION 11286 March Pager Access 10-175-240-000-000 9.00 Total: 9.00 66734 5/10/2011 ' 010143 SERRANO NURSERY 499235 Replacement Trees-Main Street Accident 10-700-13 110.93 Total: 110.93 66735 5/10/2011 011071 STANCKIEWITZ,W. May 2011 May Health Insurance Reimbursement 10-110-142-000-000 415.00 - Total: 415.00 66736 5/10/2011 011189 STATE INDUSTRIAL PRODUCTS CORP 95027876 Kitchen Sanitizers-C.Care 10-440-220-000-000 216.42 Total: 216.42 66737.' 5/10/2011 006898 SYSCO FOOD SERVICES OF L.A. 104200514 8 C.CARE FOOD&SUPPLIES 10-440-220-000-000 492.93 1042712164 C.CARE FOOD&SUPPLIES 10-440-220-000-000 507.99 Total: 1,000.92 66738 5/10/2011 010443 THE TROPHY STORE 04182011 Employee of the Month Plaque-C.Care 10-440-228-000-000 135.50 - Total: 135.50 66739 5/10/2011 011191 VICKERY,TARA 05022011 Business License Fee Refund 10-200-03 30.00 Total: 30.00 66740 5/10/2011 007854 WESTERN EXTERMINATORS CO 552390 MARCH PEST CONTROL SERVICES 10-195-245-000-000 125.00 10-805-245-000-000 33.00 Total: 158.00 66741 5/10/2011 007920 WILLDAN 002-11153 A MARCH INSPECTION SERVICES 10-172-250-000-000 1,870.00 Page: 8 f vchlist Voucher List Page: 9 05/03/2011 5:05:39PM CITY OF GRAND TERRACE Bank code: bofa Voucher Date Vendor Invoice Description/Account Amount 66741 5/10/2011 007920 WILLDAN (Continued) 002-11153 B MARCH PLAN CHECK SERVICES 10-172-250-000-000 1,540.00 002-11154 MARCH PUBLIC WORKS OBSERVATION-STATERS 10-172-250-000-000 1,215.00 002-11155 MARCH ENGINEERING SRVS 10-175-255-000-000 240.00 002-11156 Storm Damage Geotech Srvs-GT Road 10-190-702-001-000 1,800.00 002-11157 Mar Eng Srvs-Disabled Access Barrier 22-425-301-000-000 1,510.00 Total: 8,175.00 66742 5/10/2011 010864 WIRZ, MATT 04182011 Mileage Reimbursement 21-175-271-000-000 22.44 Total: 22.44 66743 5/10/2011 007987 XEROX CORPORATION 054774630 APRIL XEROX WORKCENTRE 5755 10-190-700-000-000 308.10 Total: 308.10 66744 5/10/2011 007987. XEROX CORPORATION 054774629 APRIL LEASE XEROX CC265H 10-190-700-000-000 294.34 Total: 294.34 59 Vouchers for bank code: bofa Bank total: 592,637.26 59 Vouchers In this report Total vouchers: 592,637.26 Page: 9 City of Grand Terrace Warrant Register Index FD No. Fund Name Dept No. Department Name General Account Numbers 10 GENERAL FUND 110 CITY COUNCIL 110 SALARIES/WAGES 11 STREET FUND 120 CITY MANAGER 139 EMPLOYEES'BENEFIT PLAN 12 STORM DRAIN FUND 125 CITY CLERK 140 RETIREMENT 13 PARK FUND 140 FINANCE 142 HEALTHILIFE INSURANCE 14 AB 3229 COPS FUND• 160 CITY ATTORNEY 143 WORKERS'COMPENSATION 15 AIR QUALITY IMPROVEMENT FUND 172 BUILDING&SAFETY 138/141 MEDICARE/SUI 16 GAS TAX FUND 175 PUBLIC WORKS 210 OFFICE EXPENSE 17 TRAFFIC SAFETY FUND/TDA FUND 180 COMMUNITY EVENTS 218-219 NON-CAPITAL FURN/SMALL TOOLS 19 FACILITIES DEVELOPMENT FUND 185 RENTAL INSPECTION PROGRAM 220 SPECIAL DEPARTMENTAL EXP 20 MEASURE I FUND 190 GENERAL GOVERNMENT(NON-DEPT) 230 ADVERTISING 21 WASTE WATER DISPOSAL FUND 195 FACILITIES MAINTENANCE 235 COMMUNICATIONS 22 COMMUNITY DEVELOPMENT BLOCK GRANT 370 COMMUNITY&ECONOMIC DEV 238-239 UTILITIES 26 LSCPG/LGHTG ASSESSMENT DIST. 380 MGT INFORMATION SYSTEMS 240-242 RENTS&LEASES 44 BIKE LANE CAPITAL FUND 410 LAW ENFORCEMENT 245-246 MAINT BLDG GRNDS EQUIPMNT 46 STREET IMPROVEMENT PROJECTS 430 RECREATION SERVICES 250-251 PROFESSIONAL SERVICES 47 BARTON RD.BRIDGE PROJECT 440 CHILD CARE 255-256 CONTRACTUAL SERVICES 32 CRA-CAPITAL PROJECTS FUND 450 PARKS MAINTENANCE 260 INSURANCE&SURETY BONDS 33 CRA-DEBT SERVICE FUND 631 STORM DRAIN MAINTENANCE 265 MEMBERSHIPS&DUES 34 CRA-LOW&MOD HOUSING 801 PLANNING COMMISSION 268 TRAINING - 802 CRIME PREVENTION UNIT 270 TRAVEUCONFERENCES/MTGS 804 HISTORICAL&CULTURAL COMM. 272 FUEL&VEHICLE MAINTENANCE 805 SENIOR CITIZENS PROGRAM 570 WASTEWATER TREATMENT 807 PARKS&REC COMMITTEE 33-300 DEBT SERVICE 808 EMERGENCY OPERATIONS PROG. 7XX FACILITIES IMPRV(NO CIP) 700 COMPUTER-RELATED 701 VEHICLES&EQUIPMENT \I I certify that to the best of my knowledge, the afore-listed checks for payment of City and Community Redevelopment Agency liabilities have been audited by me and are necessary and appropriate for the operation of City and Agency. Bernie Simon, Finance Director CITY OF GRAND TERRACE PENDING CITY COUNCIL APPROVAL CITY COUNCIL MINUTES REGULAR MEETING -APRIL 26,2011 A regular meeting of the City Council of the City of Grand Terrace was called to order in the Council Chambers,Grand Terrace Civic Center,.22795 Barton Road,Grand Terrace,California,on April 26, 2011 at 6:00 p.m. PRESENT: Walt Stanckiewitz, Mayor Lee Ann Garcia, Mayor Pro Tem Darcy McNaboe, Councilmember Bernardo Sandoval, Councilmember Gene Hays, Councilmember Betsy M. Adams, City Manager Brenda Mesa, City Clerk Bernard Simon, Finance Director Joyce Powers, Community&Economic Development Director Richard Shields, Building& Safety Director John Harper, City Attorney Sgt. Ed Finneran,-San Bernardino County Sheriffs Department Rick McClintock, San Bernardino County Fire Department ABSENT: None The City Council meeting was opened at 6:00 p.m.with an Invocation by Mayor Pro Tem Lee Ann Garcia, followed by the Pledge of Allegiance led by Councilman Gene Hays. ITEMS TO DELETE -None SPECIAL PRESENTATIONS A. Proclamation- Blue Ribbon Week - May 9-15, 2011 Mayor Pro Tem Lee Ann Garcia, read a Proclamation proclaiming the week of May 9-15, 2011 as Blue Ribbon Week in the City of Grand Terrace, recognizing and supporting all peace officers and law enforcement agencies and presented it to Lt. Jamsen. B. Proclamation-Volunteer Month- April 2011 Mayor Walt Stanckiewitz,read a Proclamation proclaiming the month of April as Volunteer Month is the City of Grand Terrace to promote the sprit of volunteerism and be aware of the important contributions made by those who volunteer to serve our community. Mayor Stanckiewtiz announced that the Volunteer Organizations that make a difference in COUNCIL AGENDA ITEM NO.Y0 Council Minutes 04/26/2011 Page 2 the City are going to be recognized this evening at the Council Meeting. He introduced John Van Winkle a representative for Assemblyman Mike Morrel that will be presenting certificates on his behalf. Mayor Stanckiewtiz announced all of the Volunteer Organizations and presented them with certificates. CONSENT CALENDAR CC-2011-30 MOTION BY COUNCILMEMBER MCNABOE, SECOND BY MAYOR PRO TEM GARCIA, CARRIED 5-0, to approve the following Consent Calendar Items with the removal of item 3F.: 3A. Approve Check Register No. 04/26/2011 3B. Waive Full Reading of Ordinances on Agenda 3C. Approval of Minutes of 04/12/2011 3D. Acceptance of Dedication from SDG Investments, LLC. 3E. Acceptance of Dedication of Right-of-way from Colton Joint Unified School District, (CJUSD) 3G. Set FY 2011-12 Budget Workshop 3H. Community Emergency Response Team Minutes of 03-01-2011 ITEM REMOVED FROM THE AGENDA 3F. Letter of Support for AB 66 (Chesbro)Vehicle License Fees It was the consensus of the Council not to support this item. PUBLIC COMMENT Bill Hussey, 22780 Lark Street, indicated that he supports the re-hire of Coach Bray as the Head Football Coach for Colton High School. He stated that Coach Bray is known as a . classified employee. He is head of security for the Colton Joint Unified School District. According to the Rialto Rule, that was established in hiring non-certified teachers in high school sports,it states that a classified employee has to re-apply every year and he was aware of that. When Coach Bray applied again this year he was the only one that applied. The j ob remained open for 10 days,which is required by law,and at the end of the 10 days the School Board decided to not hire him and post the job outside of the district. Coach Bray has brought many accomplishments to the Football team this past season. He has over 25 years of experience with the district,numerous parent support and strong community support from Colton and Grand Terrace. He feels that Grand Terrace is affected by this decision as well as the players. He teaches the players to be good football players as well as leaders on and Council Minutes 04/26/2011 Page 3 off the field. He feels that there will be a great loss if the Coach is not rehired. Not many parents know what is going on with the School District and the budget crisis that they are in and the effects that it will have on the students. He stated that coaches don't make that much money and that Coach Bray puts the money back into the students. He indicated that he is a spokesperson and that he is passing around a support petition and that there is a School Board Meeting on May 5, 2011 and urged the Council and community to attend. He stated that they will be taking a public vote at that meeting. Denis Kidd, 22874 Pico Street, invited everyone to Highgrove Day. It will be held on Saturday,May 7, 2011 from 9:00 a.m.to 2:00 p.m. There will be a pancake breakfast from 7:00 a.m.to noon that is sponsored by the FSA. There will be a hot rod and classic car show at the Norton Younglove Community Center and Park in Higrove,459 Center Street. This event will be a salute to the Military. The Riverside Concert Band will be there from 11:00 a.m. to 12 noon playing patriotic music. There will be a fly-over. There will be military vehicles on display and a kids zone as well as vendors and many other activities going on. Bobbie Forbes, 11850 Burns Avenue,reminded the community that Citizens on Patrol will check their homes while they are on vacation for free. She stated that there was a task force brought in to work with Loma Linda and Grand Terrace and questioned what it was for. She feels that there is an increase in crime in the community. She has discovered crimemapping.com and encouraged people to check it out. She appreciated the compost pile. - She requested that,contractors doing work for upcoming City jobs use only U.S. Citizens. Nick Calero, representing Neil Derry, invited the Council and members of the community to a Town Hall Meeting on May 5"' at 6:30 p.m. in the Community Meeting room. The Supervisor will be available to answer any questions that people may have. Don Man es,22638 De Soto Street,stated that he has lived in Grand Terrace long before its incorporation. He stated that his wife works in the postal area at Smart Time Liquor in Grand Terrace., She has worked there for over 9 years. He stated that she and another employee were sexually assaulted by her employer and has caused her to retire. He is very upset by this incident. Jeffrey McConnell, 21358 Walnut Avenue, indicated that a recent contract was awarded to a contractor to do the landscaping project on Grand Terrace Road. All of the workers appeared to be of questionable residence of the U.S. He expressed concern with potential transit workers working his residential area and that all future bids have this be a requirement in the bid process and enforced. Rita Schwark, 21952 Grand Terrace Road, expressed her concern with the upcoming park project and requested that only U.S. residents be allowed to perform the work and that it be enforced. Council Minutes 04/26/2011 Page 4 Community and Economic Development Director Joyce Powers, stated that she and the Director of Building and Safety/Public Works Director Richard Shields take responsibility for the prevailing wage monitoring that goes with those projects and it does include documentation with social security numbers and the wages the employees are being paid. Staff is also required to do unexpected interviews of the employees. COUNCIL REPORTS i Councilmember Bernardo Sandoval, indicated that he is accustom to being able to have crime statistics. He would like to not only see what occurs during the month but would also like to see a baseline of year after year and specific occurrences of particular crimes which will give them the ability to understand them fully. He stated that he strongly supports Coach Bray. He feels that this issue is not only a Colton District issue,it's a.community issue and feels that the City needs to come out and show support for Coach Bray. He stated that in the future he would like all legal agreements to be included in the packet and if that is not possible that it be clearly identified and explained to as why it isn't. Councilmember Gene Hays,acknowledged the Grand Terrace Chargers,Junior All American Football and Cheer organization and the importance of having that organization in town. Grand Terrace High School will have a football team. When you look at some of the power house schools,the players perform well because they started younger in the community in " the youth leagues. The Grand Terrace Chargers would be that type if situation so that when these kids go to the high school they can compete with some of the power house high schools. He feels that this organization needs to be supported. Councilmember Darcy McNaboe, reported that she was given a tour of the Grand Terrace High School and it is really taking shape. She found out that at the last School Board Meeting they approved the second phase and will be building their football stadium and the swimming pool. First week of May is when the RFP's will go out. They are on schedule for the opening in Fall of 2012. Stated that she attended the Solid Waste Advisory Task Force representing Grand Terrace. She indicated that this is a San Bernardino County Advisory Board that has responsibilities to carry out that are mandated by the State. One of the things that they focus on is the diversion of solid waste from the landfills into ways of recycling. The Burrtec Waste Facility that is in Aqua Mansa is one of the facilities that takes a lot of waste that comes out of collections and they are recycling at least 80%of what is brought in there. This task force looks at ways of reducing the solid waste that is produced in the County. One of the next goals they are looking at helping the County to accomplish by July 1,2012 is for all commercial businesses to have recycling programs in place, which would include multi-family dwellings with over 5 occupants. Burrtec takes a lot of the waste that they pick up and they send it through the recycling center even if it's not in a recycle container. She congratulated the Women of Distinction. Mike Morrel has carried on the tradition for the 63`d district. The women being recognized for Grand Terrace this year are Council Minutes 04/26/2011 Page 5 Pat Nix and Sally McGuire. They will be honored at the annual lincheon. She announced that it is Virginia Harford's 8 1"Birthday and wished her a Happy Birthday. Mayor Pro Tem Lee Ann Garcia,reminded everyone that the art show will be held on Sunday in the Community Meeting room from 1:00 to 4:00 p.m. It is a wonderful event and encouraged everyone to attend. She encouraged everyone to attend the Town Hall Meeting that will be held. She complimented the Chamber of Commerce on their last luncheon that was held. She reported that she attended the Grand Opening of the JC Glass Company. They also went to Mike's Fitness as well as Tim's Mobile Service. She complimented the staff on bringing forward the weed abatement process. She reported that a summer swim program will be held this year from June 20-July 28 at Terrace Hills Middle School. This program will be handled through the YMCA. Mayor Walt Stanckiewitz,announced that March 30'was declared Welcome Home Vietnam Veteran's Day. He attended the Easter Service at Azure Hills Church. It was conducted by . members of the church.volunteers. In his 60 plus years of life,he has never experienced a story so well done and so emotional and wanted to give kuddos to them for a job well done. The City received their Q4 Sales Tax Update and it shows that we aren't sinking anymore. The sales tax revenue has stabilized. On May 12'h at 3:30 p.m. Supervisor Derry will be doing a ribbon cutting on the new Senior Center kitchen. On May7th, the tale of Snow - White will be held at the University of Redlands put on by the Bowen Hayes School of Dance. PUBLIC HEARINGS -None UNFINISHED BUSINESS -None NEW BUSINESS 8A. Public Convenience of Necessity for Issuance of an Off-site Beer and Wine License for Stater Bros. Market CC-2011-31 MOTION BY COUNCILMEMBER MCNABOE, SECOND BY COUNCILMEMBER HAYS; CARRIED 5-0,,to issue a Public Convenience or Necessity letter to the ABC in support of an Off-Sale Beer and Wine License for Stater Bros. Markets. 8B. Review of the City's Sign Ordinance Affecting Political Signs CC-2011-32 MOTION BY COUNCILMEMBER MCNABOE, SECOND BY COUNCILMEMBER SANDOVAL,CARRIED 5-0,to direct staff to proceed with an amendment to the Grand Terrace Municipal Code Section 18.80.160 regulating Council Minutes 04/26/2011 Page 6 political signs. 8C. Review Option of Selling Cellular Site Leases at the Following Locations: Richard Rollins Park and Grand Terrace Fire Station#23 CC-2011-33 MOTION BY COUNCILMEMBER SANDOVAL, SECOND BY MAYOR PRO TEM GARCIA,CARRIED 5-0,to continue to market City owned cellular site leases located at Richard Rollins Park and Grand Terrace Fire Station#23, and submit all offers for review by the City Council. 8D. Implementation of Accumulation Program for Part-Time and Limited Service Employees (APPLE) Plan CC-2011-34 MOTION BY COUNCILMEMBER HAYS; SECOND BY VICE-CHAIRMAN GARCIA,CARRIED 5-0,to adopt a Resolution adopting the APPLE Plan to provide retirement benefits to part-time and temporary employees of the City in lieu of, coverage under Social Security and authorize the City Manager to sign documents necessary to implement the Apple Plan. 8E. Omnitrans College Free Pass Pilot Program CC-2011-35 MOTION BY COUNCILMEMBER HAYS, SECOND BY VICE-CHAIRMAN GARCIA, CARRIED 5-0, to enter into an agreement with Omnitrans for one-year participation to assist with a College Free Pass pilot program for Grand Terrace .College Students attending California State University San Bernardino, Chaffey College,Crafton Hills College and San Bernardino Valley College in the amount of $5,775.00. CLOSED SESSION 9A. City Attorney Contract GC54957(b)1 Mayor Stanckiewitz announced that the Council met in Closed Session to discuss the City Attorney Contract per GC54957(b)1 and Council directed Staff to develop a Request For Proposal for City Attorney Candidates. Mayor Stanckiewitz adjourned the meeting at 9:08 p.m.,until the next City Council Meeting which is scheduled to be held on Tuesday, May 10, 2011 at 6:00 p.m: CITY CLERK of the City of Grand Terrace Council Minutes 04/26/2011 Page 7 MAYOR of the City of Grand Terrace RECEIVED Historical& Cultural Activities Committee MAY 0 3 2011 Minutes for April 4,2011 CITY OF GRAND TERRACE The meeting was called to order at 7:10 p.m. by Chair Pauline Grant. Those presenfwp TIAENr Pauline Grant,City Clerk Brenda Mesa, Masako Gifford, Shelly Rosenkild, Ann Petta, Frances Carter,Peggy Reagan and Gloria Ybarra. Secretary's Report: The minutes for March 7, 2011 were read and approved on a motion by Ann, seconded by Peggy. All in favor. Motion carried. Treasurer's Report: The budget shows a balance of$ 97.13. The Petty Cash balance is $96.61. Historical Report: Frances contributed a newspaper clipping featuring the"Blue Mountain Hike"which took place this past March. Old Business: 27 h annual Art Show, Sunday, May 1,2011 Ann reported that she has received five applications to date. She will continue to contact individuals for Art Show participation. The committee viewed and approved the poster original as presented by Shelly. The posters will be delivered to the local businesses by Masako and Peggy. Shelly will send in an additional article to the local newspapers advertising the Show. She will also furnish a CD player for background music and one dozen balloons for room decorations. The committee members will provide the refreshments which will include punch,water, ice, cookies and strawberries. After discussion,the committee agreed on the 360 count,9 ounce paper cups @$ 10.13 which Masako will purchase to add to the list of supplies. Ann will gather the names for the labels which will be given to Brenda for completion. Ann will also contact volunteers for help with the Show. On Saturday,April 30,the committee will arrive at 12:45 p.m. and stay until approximately 34:00 p.m.,then return at 7:00 p.m. and stay until approximately 9:30 p.m. to finish setting-up the exhibits, etc. On Sunday, May 1,member's arrival time will be 11:45 a.m. The Show will run from 1:00 p.m.-4:00 p.m. The meeting was adjourned at 7:45 p.m. The next committee meeting is scheduled for May 2, 2011. Respectfully Submitted, Gloria Ybarra Secretary' COUNCIL AGENDA ITEM NO.3D 4b CALIFORNIA AGENDA REPORT MEETING DATE: May 10, 2010 Council Item (X) CRA Item ( ) TITLE: 2010 Winter Storm Update PRESENTED BY: Richard Shields, Director of Building and Safety/Public Works RECOMMENDATION: Receive Update. DISCUSSION: On Friday, December 24, 2010 the City of Grand Terrace City Manager proclaimed a local emergency due to the torrential rain fall in Grand Terrace. On December 27t', 2010 during a special meeting, the City Council adopted Resolution No. 2010-43 ratifying the proclamation of the existence of a local emergency. See Exhibit"K The Federal Emergency Management Agency (FEMA) later identified this emergency as FEMA-1952-DR, December 2010 Statewide Storms. Staff sent a request for public assistance dated February 16, 2011 to the California Emergency Management Agency (Cal EMA). FEMA approved the Citys request for assistance and since that time staff has been working on identifying the damaged areas,for FEMA, making necessary repairs to the damaged areas, and applying for reimbursement. Attached as Exhibit`IT is a list of projects that define the areas of damage and the original cost estimates for repairs. During the submission of projects for reimbursement, FEMA determined numerous projects were not qualified for reimbursement for various reasons. Projects numbered (1), (2), (3), (5), (6), (7), Orangewood Court, (a) and (c) and Wren Street (8), were not qualified. A series of withdraw letters have since been provided to FEMA pursuant to their requests to remove the request for reimbursement. See Exhibit'u. Projects 1,2,5,6 were disqualified because the locations were deemed the responsibility of the Federal Highway Administration (FHWA). FEMA will not reimburse for damages to FHWA roads. Staff notified CALTRANS and submitted forms to start the process for FHWA reimbursement. The request for reimbursement includes the work already completed as well as the permanent repair work to be performed in the future. The temporary work including clean up costs totals approximately $42,451.00. The 1 COUNCIL AGENDA ITEM NO.09� remaining future work to be performed is estimated to cost approximately $245,440.00. The total funds requested for these four project areas is $287,891.00. FISCAL IMPACT: FEMA and FHWA will review the project submissions and determine whether or not they will be reimbursing the City for qualified damages. Staff believes FEMA will reimburse $23,364.69; FHWA will reimburse $287,890.00, leaving $14,862.00 that is unfunded. Respectfully submitted, chard Shields Director of Building and Safety/public Works Manager Approval: Betsy dams City Manager ATTACHMENTS: Exhibit"A"Resolution No. 2010-43 Exhibit`B" List of Projects Exhibit"C"Letters of Withdraw 2 EXHIBIT "A" RESOLUTION NO.2010- 43. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE, CALIFORINIA, RATIFYING THE PROCLAMATION OF THE EXISTA_'NCE.OF A LOCAL EMERGENCY BY THE CITY MANAGER AND REQUESTING THE STATE DIRECTOR, OFFICE OF EMERGENCY SERVICES' CONSURRENCE IN THE PROCLA-MATION OF LOCAL EMERGENCY. WHEREAS, on December 22,. 2610, a torrential, rain fall event in Grand Terrace posed a iignificant threat and left in its wake dangerous conditions, at which time the City Council was not in session; and WHEREAS, in response to the emergency situation created by torrential. rain .fall, the City danger proclaimed a local state of emergency on December 2.4., 2010: and WHEREAS, the City ':Manager now requests the City Council to ratify the City Manger's pmclamation of the existence of a local emergency in accordance with the City of Grand Terrace Municipal Code Section 8.304,10,and State law; NOW, THERFORE, the City Council of the City of Grated, Terrace does hereby resolve, determine and order as follows: f SECTION 1. The Proclamation of Local Emergency issued by the City Manager is hereby ratified. SELMON 2. 17ie Proclamation of Local. Emergency shall continue to exist until its termination is proclaimed by the City Council, SECTION 1 The.City; Council shall revieut'the newssity far continuing the local emergency no less tiequently than every fourteen(14) days until the emergency.is terminated. SECTION 4 A.copy ot'this Resolution shall be fprwarded to the State Director of Emergency Nerviet* wi*h a request that it be found acceptable in accords cc'with the provisions.of; the.California Di.,`aster:assistance Act and that the Director concur in the proclamation oflocal emergency. SECTION 5. The .City Manager is hereby .dcsigna"ted as the. authorized -representative of the City of Grand Terrace for the purpose of receipt, processing and coordination of all inquiries and requirements necessary to obtain available State and Federal_assistance. SECTION 6. The City Clerk shall certify as to the adoption of this Resolution. 1'.1tiSF.1). APPROVED, AND ADOPTED.by the City Council.of the City_ of Grand Terrace this 27"' ,iuy-of December 2010. Resolution No. 010- 43 f , . c. al t Stanc iewitz Mayor of the City of Grand Terrace Attest: City Clerk of the City of Grazed Terrace 1, BRENDA NiESA, City Clem of the City of Grated Terrace, do hereby certify that Resolution No. 2010-43 was introduced and adopted at'a special meeting of the City Council of the City of Grand Terrace held on the 27'h day of December,.2010, by the following vote: AYES: Couneilaesher Mcnaboe. !Mayor Pro Tea Garcia and Mayor Stanekievita TOES; None ABSENT: Councilmember, Sandoval ,' BSTA,IN: Noae Breads Mesa,City Clerk Approved as to form: V City attorney i State Of 0hfifQMI0 Calftmia EmoWncy Manag Lkst of PrQjects Page_1_of 1 a nont Agony Name/No: FEMA-1952-DR-CA APPLICANT; I QF GRAND TERRACE 4ATF_.SU8MIT7M:. 03-03_2011 CONTACT NAME AND PHONE NUMBER:—Matt Wirz,Management analyst.f909)430-2255 is THIS AN AMENDED UST OF PROJECTS?—No— w U-r Uj I --=) t; LLI (a IL HIR am wc 5: M ti w ffi 01� cc 1U H LU DESCRIPTION OF DAMAGE d09T !2 0 . J. I LOCATION AND6COPE OF WORK ESTIMATE j �: im :4 M H R 1w is Emergency Clwn,ijpfor access of 1 Barton Road Clean Up Roadmoy and Sand Bagging $3,500. B: IF/C IN/A no washout Will need: Benching.stops.and addfill to, 2 Barton Road Slide '$50= E 1C Env NIA Ino yes,Replace asphoult curb with Vivien0a Road Failure/- Emergency Repair(Sandbagging approved concrete 3 Grand*Terrace Road Failure and ACuft)to pr6tect-utilitles $3,000 0 NIA no curb and gutter FWM4 . -11 j*01.1 fe .4 4 Vivienda Road Failure and matote,McCaw 413.000. 0 0 N/A no ............ ........... ......... .... ............. Grand Terrace Read failure 5.(22081 Grand Terrace.Road 7empOrgiv Repair to restore.e6ces 8 C N/A no Grand"rerrooe Fioad f aillure, 6.(22081 Grand Terrace,Rood) Permanent Repairfo restore acces, $200.000 0 IC Env N/A no Erosion(OrangsWood.Qt_Wjre.4-St Slide debris clean up 7 $27,000 B 01 N/A no 81 Oran gewood Ct.Driveway Repairs to Damaged driyeway due $4.850 TC C NIA no 1S N/A no *CATEGORY. A)Debris Clearance,-5)Pro=waZrw,0)ftad System,D)Water Coptrqt Fm.OV.E)amildings and Equipment: F)Public 1.11ifity a0tsm;,G)Other. jNdte.'-'ff a single she has more than one..cateqor.yj indicatia the category that, represents the rne),prity,9f dwage.) (C)ES 95"Rev.11104) Exhibit"C" CALIFORNIA April 4, 2011 Mr. Goforth, After discussion we have come to the conclusion that the following two projects are not eligible for reimbursement. This work was performed on private property to protect from further damage. Damages to a private property were exacerbated by the equipment performing ineligible work. Knowing that FEMA does not cover work performed on any private property,the City will be withdrawing its request for reimbursement for the following LOP Item numbers: FEMA Disaster Number Item Number Estimated Cost FEMA-1952-DR-CA 7 (a) FEMA-1952-DR-CA 8 Please make the necessary changes to your files. Please direct and questions you may have to Matt Wirz, Management Analyst at(909)430-2255 or mwirz@cityofgrandterrace.org. Sincerely, Betsy Adams City Manager City of Grand Terrace Civic Center, 22795 Barton Road, Grand Terrace, California, 92313-5295 (909) 824-6621 Fax (909) 783-7629 or (909) 783-2600 Exhibit"C" CALIF0INIA . April 4, 2011 Mr. Goforth, This letter is to inform FEMA that the City of Grand Terrace will be withdrawing its request for reimbursement for the following LOP item numbers: FEMA Disaster Number Item Number Estimated Cost FEMA-1952-DR-CA 3 $0.00 FEMA-1952-DR-CA 7(c) $0.00 The following is the reason for withdrawing Item #3. The City had trouble discerning where actual work was performed. Some of the invoices do not state which location the contractor was working and contractor was unable to break out the costs per specific location. It has been concluded that under Item# 7(c)the work that was preformed was done so on private property. A company was.hired to clear a drainage v-ditch and place the material on the hillside from which it washed off of. The v-ditch was the responsibility of the property owner(s) and thus cannot be submitted for reimbursement. Please make the necessary changes to your files. Please direct and questions you may have to Matt.Wirz, Management Analyst at(909)430-2255 or mwirz@cityofgrandterrace.org. Sincerely, Betsy Adams City Manager City of Grand Terrace Civic Center, 22795.Barton.Road; Grand Terrace, California, 92313-5295 (909) 824-6621 Fax (909) 783-7629 or (909) 783-2600 Exhibit"C" CALIFQANIA April 28, 2011 i Mr. Goforth, After discussion we have come to the conclusion that the following four line items are not eligible for reimbursement. This work was and will be performed on FHWA routes or right of ways, and are not eligible for FEMA reimbursement. Knowing that FEMA does not cover work performed on FHWA routes or right of ways, the City will be withdrawing is request for reimbursement for the following List of Project item numbers: . FEMA Disaster Number Item Number Estimated Cost FEMA-1952-DR-CA 1 FEMA-1952-DR-CA 2 FEMA-1952-DR-CA 5 FEMA-1952-DR-CA 6 Please make the necessary changes to your files. Please direct and questions you may have to Matt Wirz, Management Analyst at(909)430-2255 or mwirz@cityofgrandterrace.org. Sincerely, Betsy Adams City Manager City of Grand Terrace Civic Center, 22795 Barton Road, Grand Terrace, California, 92313-5295 (909) 824-6621 Fax (909) 783-7629 or (909) 783-2600 5/3/2011 2010 Storm Damages Resolution 2010-43 List of Projects Update Letter of withdraw Letter of withdraw Letter of withdraw 1 a CALIFORNIA . AGENDA REPORT MEETING DATE: May 10, 2011 Council Item ( X ) CRA Item ( ) TITLE: Request for Proposal for City Attorney Services PRESENTED BY: Betsy M. Adams, City Manager RECOMMENDATION: Approve the proposed Request for Proposal (RFP) for City Attorney Services and direct the City Manager to issue the RFP on May 11, 2011. BACKGROUND: The City Council reported out from Closed Session on April 26, 2011 that the City intended to solicit proposals for City Attorney services. On April 29, 2011, the City's current City Attorney, John Harper from Harper & Burns, LLP, provided the Council with his written resignation effective July 1, 2011. The City Attorney indicated in his letter that he was willing to provide City Attorney services after that date while the City completes the Request for Proposal (RFP) process. DISCUSSION: The RFP for City Attorney services is a draft document which the Council may revise prior to its issuance. As the Council has indicated a desire to have a new City Attorney in place by July 1, 2011, revisions to the RFP should be made on May 10, 2011 so that the document can be issued on May 11, 2011. The tentative schedule for this RFP process is as follows: RFP for CittAttorney Schedule — Date i- Activity ! April 26 Council decided to solicit proposals for City Attorney services l May 10 i Council approves RPF document____ ! May 11 i RFP document issued June 1 RFP responses due by 2pm June 1 RFP responses provided to Council for review at 5 p June 7 Council interviews selected RFP responders June 8-10 _: Reference checks of top June 13-16 ! Contract finalized for City Attorney services June 22 — Staff report due for City Attorney services contract _— June 28 Council awards contract for City Attorney services__ COUNCIL AGENDA ITEM NO.qe RFP for City Attorney Services May 10, 2011 Page 2 With regard to the tentative schedule, allowing law firms three (3) weeks to prepare responses is a shorter period of time than the typical four (4) to six (6) weeks specified in the example RFPs used to develop the City's RFP.. Also, the Council was typically allowed two (2) to three (3) weeks to review the RPF responses in the example RPFs whereas the City's tentative schedule only allows Council five (5) days for review. If the City were to allow longer periods of time in either of these areas the schedule for selecting a new City Attorney would be extended correspondingly. The Council will also. need to define the interview process for City Attorney services at the May 28 Council Meeting. Staff will prepare alternatives for Council to consider at that meeting. FISCAL IMPACT: The fiscal impact of the RPF for City Attorney services is not known at this time. The Fiscal Year (FY) 2010-11 operating budget provided $120,000 for City Attorney services funded equally between the General Fund and the Community Redevelopment Agency. $120,000 has been included in the proposed FY 2011-12 operating budget, though the Council has the discretion to adjust this budget accordingly after the finalist has been determined through the RFP process. Respectfully.submitted: Betsy . Ada s, City Manager ATTACHMENTS: Attachment A: Request for Proposal for City Attorney Services RFP for City Attorney Services May 10, 2011 Page 3 Attachment A RFP for City Attorney Services May 10, 2011 Page 4 REQUEST FOR PROPOSAL CITY ATTORNEY SERVICES FOR CITY OF GRAND TERRACE MAY 115 2011 PROPOSAL DUE JUNE 19 2011 RFP for City Attorney Services May 10, 2011 Page 5 SECTION I GENERAL INFORMATION Introduction The Grand Terrace City Council invites qualified municipal law firms to submit written proposals to provide City Attorney services to the City of Grand Terrace effective July.1, 2011. As City Attorney, the selected law firm and individuals representing the firm will be expected to provide a wide range of legal services. The City Attorney will .be selected by the City Council and will work closely with the City Manger and other City staff. Background The City of Grand Terrace is located in San Bernardino County and was incorporated in 1978. Grand Terrace is primarily a residential community with a population of 12,109 in January 2011 according to the State of California Department of Finance. Grand Terrace is a General Law City with a directly elected Mayor and four City Council Members elected at large. The City-'Council selects the Mayor Pro Tem. Grand Terrace operates under a council-manager form of government with the City Council appointing the City Manager, City Attorney, and members of the Planning Commission and other City committees. The City Attorney reports to the City Council. The City Council meets on the second and fourth Tuesday of the month at .6:00 p.m. When needed, City Council workshops are usually scheduled for 4:30 pm prior to Council meetings. The Planning Commission meets on the second and fourth Thursday of every month and the City Attorney may be asked to attend a meeting infrequently. Grand Terrace encompasses approximately 3.6 square miles and is bounded by the City of Colton and unincorporated County of Riverside. Grand Terrace's Community Redevelopment Agency's boundaries are contiguous with the City's boundaries. The City's current annual budget, all funds, is $17 million and includes $120,000 for City Attorney services (funding evenly split between the General Fund and Agency). Bond counsel is retained under a separate agreement for legal services. The City has 48 employees, half of which work in the City's child care programs. As a small city, Grand Terrace provides many services through contract services including the following: ■ Law enforcement (San Bernardino County Sheriffs Department) ■ Sewer treatment (City of Colton) ■ Animal control (City of San Bernardino) ■ Weed abatement (County of San Bernardino) ■ City Attorney (Harper & Burns) ■ City Engineer (Wildan Engineering) Fire protection and paramedic services are provided by an independent San Bernardino County Fire Protection District. Water service is provided by Riverside Highland Water Company. RFP for City Attorney Services May 10, 2011 Page 6 More information can be found on the City's website: www.citvofgrandterrace.org RFP Contact Questions regarding the RFP should be directed to: Betsy Adams, City Manager (909) 430-2245 badamsAcityofgrandterrace.org - Responses will be shared with all interested responders to the RFP. Proposal Due Date Seven (7) copies of the proposal along with a proposed contractual agreement must be received by the City of Grand Terrace no later than 2:00 p.m. on Wednesday, June 1, 2011. Proposal should be delivered to: City of Grand Terrace Attention: Brenda Mesa,,City Clerk 22795 Barton Road Grand Terrace, CA 92313 Proposal should be marked "City of Grand Terrace City Attorney RFP." Additionally, please email an electronic copy of the proposal . to Betsy Adams at badamsCa'D-cityofgrandterrace.org by 2:00 p.m. on June 1, 2011. Proposals received after this deadline will be disqualified. The City Council reserves the right to reject all proposals, to request additional information concerning any proposal for purposes of clarification, to accept or negotiate any modification to any proposal following the deadline for receipt of all proposals, and to waive any irregularities if such would serve the best interests of the City as determined by the City Council. Independent Contractor The City Attorney will be an independent contractor. All persons employed by a law firm in accordance with a contract resulting-from this RFP will be employees of the firm and not the City of Grand Terrace. RFP for City Attorney Services May 10, 2011 Page 7 SECTION II LEGAL SERVICE REQUIREMENTS SCOPE OF WORK Services To Be Provided The scope of services is to provide a full range of City Attorney and redevelopment counsel services including, but not limited to, the following: ■ Advise the City Council, City commissions and staff on municipal government legal matters including the Brown Act and parliamentary procedures for running meetings. ■ Represent and advise the City Council in all matters of law pertaining to their office. ■ Give advice or opinion on the legality of all matters under consideration by the City Council or by any commissions or officers of the City. ■ Attend all City Council meetings and workshops unless excused by the City Council or City Manager. ■ Attend other meetings, usually Planning Commission meetings, as assigned by the City Manager or Community & Economic Development Director. ■ Provide legal advice to staff, upon request of the City Manager or department directors. -- ■ Plan, prepare and/or approve all ordinances, resolutions, contracts, deeds, leases, redevelopment agreements and legal documents required by the City and/or Agency. ■ Approve the form of all contracts made by and between the City of Grand Terrace and the Community Redevelopment Agency. ■ Prepare legal opinions as requested by the City Council or City Manager. ■ Provide written updates on new State or Federal legislation or judicial decisions .impacting the City and/or Agency and suggest action or changes in operations or procedures to assure compliance. ■ Provide guidance on personnel matters, including employee disciplinary and grievance matters. ■ Perform legal work pertaining to land use issues including but not limited to property acquisitions, property disposals, public improvements, easements, dedications and right-of-way vacations. ■ Enforce City codes, zoning regulations, and building standards through administrative and judicial actions. ■ Assist in the preparation of Environmental Impact Reports. ■ Prepare cases for trial and the investigation of claims or complaints by or against the City. • Attend staff level meetings at the request of the City Manager. RFP for City Attorney Services May 10, 2011 Page 8 ■ Communicate with the press when authorized to do so by the City Manager or City Council regarding City and/or Agency legal matters. ■ Promptly return all calls and emails from the City Council and staff. ■ Perform other such legal duties as may be required by the City Council or as may be necessary to complete the performance of the functions mentioned above. RFP for City Attorney Services May 10, 2011 Page 9 SECTION III PROPOSAL FORM AND CONTENT Proposal Submittal All pages of the proposal must be numbered consecutively. ' Proposal should not exceed fifteen (15) pages in length. Resumes and licenses will not count against this page limit. Proposal should be organized in accordance with the list of proposal contents. Proposal Form and Content Proposers must include the following items in their proposal addressing the scope of work in Section II. All items must fall within the maximum page count. Proposals and cost schedule shall be valid and binding for ninety (90) days following the proposal due date and will become part of the contract that is negotiated with the City. J A. Letter of Transmittal Include a cover letter signed by a duly authorized representative of the legal firm. Cover letter must include the name, title, address, telephone number .and email address of the proposer submitting the proposal. In addition, the name, title, address, telephone number, fax number and email address of the person or persons to contact authorized to represent the proposer and to who correspondence should be directed should also be included. Additionally, the cover letter must include the following table containing the information requested below: Name of Legal Firm Name of Proposed City Attorney Number of Years of Municipal Law Experience of Proposed City Attorney Number of Years of Redevelopment Law Experience of Proposed City Attorney .Office Address for Proposed City Attorney Services Included in Monthly Retainer Hourly Rates for Services Not Included in Retainer Areas of Expertise of Legal Firm References (Name, Municipality, 1. Telephone Number, Email) 2. 3. RFP for City Attorney Services May 10, 2011 Page 10 B. Table of Contents Include a clear identification of the submitted material by section and by page number. C, Executive Summary Introduce the proposal and summarize key provisions of the proposal. Provide a statement describing why the proposer is qualified to perform this work for Grand Terrace and include the name of the person who would serve as City Attorney along with the proposed fees. r D. Statement of Understanding Include a detailed statement of understanding of the City Attorney services to be provided. If there are services listed in this RFP which the proposer will not be able to provide, describe those services in this section. E. Approach to City Attorney Services Provide a response to each of the following items: 1. Describe your view of the role of the City Attorney. 2. Describe how you would keep the City informed about the status of litigation and other legal matters. 3. Provide an example of a written communication (not to exceed 5 pages) to the governing body about a legal issue in which options are explained and a recommendation is given. . 4. Describe how you track and manage legal costs so that City and/or Agency legal costs are held to a minimum. Include an example. 5. Describe how you would proactively advise the City Council and City Manager about legal developments or issues of concern. 6. Describe, how you would work with the City Council and participate in City Council, Planning Commission.and other meetings. 7. Describe how you would work with the City Manager and staff. 8. Describe how you evaluate the cost/benefit of litigating or settling cases. 9. Describe the firm's practices regarding professional development, training, and keeping current in the law and legal matters affecting its municipal clients. 10. Describe how you evaluate whether to use an attorney within your law firm or an attorney from another firm to handle a case, provide expert advice or provide other needed services. How would fees enter into your recommendation of who to use? RFP for City Attorney Services May 10, 2011 Page 11 11. How much over the proposed retainer would you expect Grand Terrace to spend engaging the services of your firm for litigation, special expertise, or other services? F. Background and Capacity 1. Describe your firm's background and history including the number of years in business. - 2. List the location of the office(s) that would serve Grand Terrace. 3. List the type of communications devices which would be used by the firm to communication with Grand Terrace (e.g., email, telephone, cell phone, voice mail, conference calls, websites, etc.) . 4. List staff services available (e.g., clerical support, paralegals, other non-attorney staff, etc.) G. Proposed Attorney(s) Name the person who proposed to be designated as the City Attorney and Assistant City Attorney. Provide the following for each: 1. Certificates .or licenses, including the date of admission to the State Bar of California. 2. Description of education including name of educational institutions, degrees conferred and year of each degree. 3. Professional background and professional associations. 4. Experience with and knowledge of the law relating to general law cities for land use and planning, environmental law (including California Environmental Quality Act and National Environmental Policy Act), redevelopment law, general plans, code enforcement and other related areas, administrative law, labor relations and personnel law, and other areas of municipal law. 5. Expertise and training. The person designated as City Attorney, and any firm specialists identified in response to the RPF, may not be changed without the prior written consent of the City Council. The City retains the right to approve or reject replacements and to require replacements to familiarize themselves with the City and assigned projects at no cost to the City. H. Expertise of Other Attorneys 1. Describe the expertise your firm is able to provide Grand Terrace (e.g. redevelopment, labor, etc.) 2. Provide the names and qualifications of attorneys in your firm which would be able to provide such legal services. RFP for City Attorney Services May 10, 2011 Page 12 I. References Provide contact information for five (5) municipal clients for which comparable services have been provided in the last three (3) years so that reference checks can be conducted. Include the person's name, municipality, telephone number and email address. In addition, list five (5) public agencies for which contracts were lost by the firm in the last three (3) years and provide contact names and telephone numbers. J. Clients/Potential Conflicts of Interest 1. List all public sector clients for which your firm currently provides services under I a fee for services or on a retainer basis. Indicate the services provided (e.g., City Attorney services, special legal expertise, etc.). Identify any foreseeable or potential conflicts of interest that could result from such representation and the manner in which you would proposed to resolve such conflicts. 2. For the person to be designated as City Attorney, list all public sector clients the person presently represents as City Attorney or general counsel, along with the meeting dates and times for each governing body. 3. List all private sector clients which could potentially pose a conflict of interest with your firm representing the City and/or Agency. 4. Identify all situations in the last five (5) years in which you have been adverse to public entities, either in litigation or administrative matters. K. Fee Schedule The selected City Attorney,will be required to provide services under a monthly retainer fee format for regular City Council meetings and workshops, special City Council meetings, period meetings with staff, communications with Grand Terrace and legal work provided under the retainer. Routine travel expenses would be the responsibility of the law firm. 1. Describe what is included in the retainer (include if any on site office hours would be provided and if there is a maximum number of hours under the retainer). 2. Provide an hourly rate for all individuals from your firm who could be working with Grand Terrace. In addition, provide a rate for special legal services Include retainer fee and rate,information in the summary table format. L. Additional Information Any other information the proposer feels is applicable to the evaluation of the proposal or of the qualifications for providing City Attorney services should be included in this section. You may use this section to address those aspects of your services that distinguish your firm from other firms. RFP for City Attorney Services May 10, 2011 Page 13 SECTION IV TERMS AND CONDITIONS NOTE: IT IS THE PROPOSER'S RESPONSIBILITY TO EXAMINE THE REQUEST FOR PROPOSAL SOLICITATION IN ITS ENTIRETY PRIOR TO SUBMITTING A PROPOSAL A. Waiting Period Proposals shall be firm offers, subject to acceptance or rejection for a period of up to ninety (90) days from the date of the proposal opening until proceedings are completed and an award is made. Proposer shall assume fuK responsibility for the effect of the waiting period on all proposal fees and terms. B. Insurance Proposer's attention is directed to the insurance requirements set forth herein. Proposers are required to provide with their proposal, certificates of insurance verifying coverage, as well as a letter from the Proposer's insurance agent or corporate Risk Management Department acknowledging that the Proposer is able to comply with all insurance requirements. It is highly recommended that Proposers confer with their respective insurance carriers or brokers to determine in advance of proposal submittal, the availability of insurance certificates and endorsements as prescribed herein. During the term of this Contract, the law firm shall maintain at law firm's sole expense, the following insurance. Minimum Scope of Insurance: 1. General Liability: $1,000,000 combined single limit per occurrence for bodily injury, personal injury and property damage. Coverage shall be at least as broad as Insurance Services Office form number GL 00 02. (Ed. 1/73) covering Comprehensive General Liability and Insurance Services Office form number GL 04 04 03 81 covering Broad Form Comprehensive General. Liability-, or Insurance Services Office_ Commercial General Liability coverage, "occurrence" form CG 00 01 11 85. If Commercial General Liability Insurance or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to this project/location, endorsement CG 25 03 11 85 or CG 25 04 11 85, or the general aggregate limit shall be twice the required occurrence limit. 2. Automobile Liability. $1,000,000 combined single limit per accident for bodily injury and property damage. Coverage shall be at least as broad as Insurance Services Office form number CA 00 01 01 87, covering Automobile Liability, code 1 "any auto" and endorsement CA 00 25 (Ed. 01 86). RFP for City Attorney Services May 10, 2011 Page 14 3. Workers' Compensation and Employers Liability: Workers' compensation limits as required by the Labor Code of the State of California. 4. Professional Liability, and Errors and Omissions Insurance with a limit not less than $1,000,000. Deductibles and Self-Insured Retention: Any deductibles or self-insured retention must be declared to and approved by the City. At the option of the City, either the insurer shall reduce or eliminate such deductibles or self-insured retention as respects the City, its officers, officials, employees and volunteers; or the law firm shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses. Other Insurance Provisions: The policies are to contain, or be endorsed to contain, the following provisions: 1. General Liability, Automobile Liability, and Professional Liability Coverage. 2: The City, its officers, officials, employees and volunteers are to be covered as insured, endorsements [GL 20 11 07 66, CG2010 1185 and/or CA 20 01 (Ed. 01 78)], as respects liability arising out of activities performed by or on behalf of the law firm, products and completed operations of the law firm, premises owned, occupied or used by the law firm, or automobiles owned, leased, hired or borrowed by the law firm. The coverage shall contain no special limitations on the scope of protection afforded to the City, its officers, officials, employees or volunteers. 3. The law firm's insurance coverage shall be primary insurance as respects the City, its officers, officials, employees and volunteers. Any insurance or self- insurance maintained by the City, its officers, officials, employees, or volunteers shall be excess of the law firm's insurance and shall not contribute with it. 4. Any failure to comply with reporting. provisions of the policies shall not affect coverage provided to the City, its officers, officials, employees or volunteers. The law firm's insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the limits of the Insurers Liability. 5. The law firm may satisfy the requirements in a single policy or multiple policies. Any such additional policies written as excess insurance shall, not'provide any less coverage than that provided by the first or primary policy. Workers' Compensation and. Employers Liability Coverage: The insurer shall agree to waive all rights of subrogation against the City, its officials, officers, employees and volunteers from work performed by the law firm for the City. All Coverages: Each insurance policy required by this contract shall be endorsed to state that coverage shall not be ended, voided; canceled by either party; reduced in RFP for City Attorney Services May 10, 2011 Page 15 coverage or in limits except after thirty (30) days prior, written notice by certified mail, return receipt requested, has been given to the City. Acceptability of Insurers: All insurance is to be placed with insurers with a Bests rating of no less than A:VII, and who are admitted Insurers in the State of California. Verification of Coverage: Law firm shall furnish the City with certificates of insurance and with original endorsements effecting coverage required by the City for themselves prior to commencing work or within fourteen (14) days of notification of award of contract; whichever is shorter. The certificates and endorsements for insurance policy are to be by a person authorized by that insurer to bind coverage on its behalf. Certificates and endorsements are to be approved by the City before work commences. The City reserves the right to require complete, certified copies of all required insurance policies, at anytime. Submittal of Certificates: Law firm shall submit as required certificates end endorsements to the following: Brenda Mesa, City Clerk City of Grand Terrace C. Proposal Preparation Costs The City is not, nor shall be deemed, liable for any costs incurred by Proposer in the - preparation, submittal, or presentation of their proposals. D. Proposal Inclusions Proposers are encouraged to review and confirm that their proposal includes and specifically addresses all of the proposal requirements prior to submitting as outlined elsewhere in this document. E. Withdrawl of Proposal before Closing Any Proposer may request the withdrawal of their submitted proposal by written request at any time prior to the scheduled closing date and time. Upon receiving written request to withdraw any proposal, the City will consider the Proposal null and void, and return the proposal to the Proposer, unopened. Withdrawal of proposal will not prejudice Proposer's resubmittal for this or any future proposal(s). F. Mistake in Proposal Any Proposer may withdraw their proposal after the proposal opening, subject to the time restrictions indicated below, only if the Proposer can establish to the City's satisfaction, that a mistake was made in preparing the proposal. 1. A Proposer declaring a mistake must provide a written notice to the City within five (5) calendar days following the scheduled dosing date, specifying in detail, RFP for City Attorney Services May 10, 2011 Page 16 how the mistake occurred, and how the mistake made the proposal materially different than it was intended. 2. Withdrawal of the proposal will only be permitted for mistakes made in the completion of the proposal. A Proposer who claims a mistake shall be prohibited from submitting further proposals on the Project on which the mistake was claimed. (Public Contract Code 5105). H. Proposal Labeling _ Proposal shall be submitted in a sealed envelope with all original pages intact. Proposal envelopes must be plainly marked and submitted as follows: City of Grand Terrace City Attorney RFP I. Proposal Submittal Proposers shall complete and return one (1) original and six (6) copies of their proposal. All proposals delivered in an express courier package shall be sealed in a separate envelope within the courier package. Any proposal found to be illegible or incomplete shall not be considered for selection. Whether sent by courier, mail, or by means of personal delivery, Proposers assume full responsibility for having their proposal deposited at the proper address and not later than the scheduled closing time. Faxed or e-mail proposals or modifications will not be considered. More than one (1) proposal from an individual, firm, partnership, or corporation under the same or different names, will not be considered. J. Proposal Acceptance The City of Grand Terrace reserves the right to accept or reject any and all proposals and waive any irregularities or informalities in any proposals or in the proposal process. The City of Grand Terrace further reserves the right to award the contract to other than the lowest Proposer if such action is deemed to be in the best interest of the City of Grand Terrace. K. Interpretation of Documents, During the proposal solicitation period, should a Proposer find discrepancies or omissions in any part of the RFP or should the Proposer be in doubt as to their interpretation, the Proposer shall immediately notify the contact indicated in Section 1(C), above. Should it be found necessary, an addendum will be sent to all Proposers. Any addenda issued prior to the scheduled proposal closing date and time, shall form a part of this solicitation and shall become a part of the submitted proposal. Exceptions to this Request for Proposals: Any changes from the provisions of this RFP, which may be desired by the Proposer, shall be clearly and specifically noted in the Proposer's submittal. RFP for City Attorney Services .May 10, 2011 Page 17 L. Public Record Be advised that all information contained in proposals submitted in response to this solicitation shall become a matter of public record upon contract award, and be made available upon request, unless otherwise marked. The Proposer must identify, in writing, all copyrighted material, trade secrets or other proprietary information the Proposer claims are exempt from disclosure pursuant to the California Public Records Act. The Proposer who claims such an exemption must also state in the proposal that, "The Proposer agrees to indemnify and hold harmless the City and its officers, employees and agents from any claims, liability or damages against the City and to defend any actions brought against the City for its refusal to disclose such material, trade secrets or other proprietary information to any party." M. Federal, State and Local Laws The law firm and all subcontractors shall comply with all applicable federal, state, and local laws, rules, and regulations. N. Retention of and Access to Records At all reasonable times during the term of this contract and for a minimum of three years following final settlement, the City of Grand Terrace, and any designated representative shall have access to all.records related to work performed under this contract and the law firm and all subcontractors shall make such records available for inspection, audit, copying excepts and transcriptions. O. Drug Free Workplace Requirements The law firm and all subcontractors shall comply with the requirements of the Drug- Free Workplace Act of 1990 (Government Code Sections 8350 et seq.). P. Americans with Disabilities The law firm and all subcontractors shall comply with the Americans with Disabilities Act (ADA) of 1990 (42 U.S.C. 12101 et seq.) which prohibits discrimination on the basis of disability, as well as all applicable regulations and guidelines issued pursuant to the ADA. Q. Order of Precedence The documents referenced below represent the Contract Documents. Where any conflicts exist between the RFP Terms and Conditions, or addenda attached; then the governing order of precedence shall be as follows: 1. Amendments to the RFP/Contract 2. City Request for Proposal, including the fully executed contract. R. Conflict of Interest No official, officer, or employee of the City of Grand Terrace or of a local public body during his/her tenure or for one year thereafter shall have any interest, direct or indirect, in this contract or the proceeds thereof. Furthermore, the parties hereto covenant and agree that to their knowledge, no board member, officer or employee of the City of Grand Terrace has any interest, whether contractual, non-contractual, RFP for City Attorney Services May 10, 2011 Page 18 financial or otherwise, in this transaction, or in the business of the contracting party other than the City of Grand Terrace, and that if any such interest comes to the knowledge of either party at any time, a full and complete disclosure of such information will be made in writing to the other.party or parties, even if such interest would not be considered a conflict of interest under Article 4 (commencing with Section 1090) or Article 4.6 (commencing with Section 1120) of Division 4 of Title 1 of the Government Code of the State of California. S. Disputes Any controversy or claim arising out of or relating to the provisions of this Agreement or the breach thereof shall be settled by arbitration, in accordance with the Rules of the American Arbitration Association, unless the parties agree, in writing, to some other form of alternative dispute resolution. T. Small and Disadvantaged Business The City of Grand Terrace hereby notifies all Proposers that it will affirmatively ensure that minority business enterprises will be afforded full opportunity and consideration when submitting proposals in response to this RFP and will not be discriminated against on the grounds of race, color, sex, creed, or national origin when reviewing the bid proposals for award of contract. U. Non-Collusion Affidavit All proposals must be accompanied by a signed and notarized Non-Collusion Affidavit per the Public Contract Code Section 7106. i RFP for City Attorney Services May 10, 2011 Page 19 SECTION V EVALUATION/SELECTION PROCESS Evaluation Criteria The following information will be considered by the City Council during the evaluation process: 1. Qualifications identified in the proposal. 2. Cost of providing services. 3. Complete and clear responses to items requested in the Proposal Form and Content section. 4. Familiarity with laws and regulations governing California municipal governments and redevelopment agencies. 5. Demonstrated expertise in the following areas as it relates to municipalities: a. Land use and zoning law b. Building Code compliance law c. Public construction law d. Real estate law e. Environmental law f. Administrative law g. Labor relations and personnel law h. Laws pertaining to fees and taxes, including Proposition 218 and Proposition 26 i. Redevelopment law j. Other relevant areas pertaining to municipal law. 6. Adequate local availability, support staff and range of services offered. 7. Demonstration of workload capacity and level of experience commensurate with the level of service required by Grand Terrace. 8. Professional reputation for providing high-quality services and ability to work cooperatively with the.City Council, City Manager, department directors and media. 9. Demonstrated sound judgment, integrity and reliability as determined by references provided. 10. Results of interview(s) with the City Council. 1 Interviews The City of Grand Terrace may invite one or more proposers to be interviewed by the City Council on Tuesday, June 7, 2011 (time to be determined). (Method of Selection The City Council will review the submitted proposals. After review, the Council and its advisors will interview the finalists. The City Council will choose a finalist with whom to negotiate an agreement and will make the final determination. RFP for City Attorney Services May 10, 2011 Page 20 Agreement. A contract between the City of Grand Terrace and the selected law firm will define the extent of services to be rendered along with the method and amount of compensation. The contract will be executed by the Mayor, upon City Council approval which is tentatively planned for the City Council meeting on Tuesday, June 28, 2011. I