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Home My WebLink AboutOSB Resolution 2013-05 10/9/2013 Resolution No. 2013-05 Petaluma Oversight Board to the Petaluma Community Development Successor Agency A RESOLUTION OF THE OVERSIGHT BOARD,APPROVING THE LONG RANGE PROPERTY MANAGEMENT PLAN PURSUANT TO HEALTH AND SAFETY CODE SECTION 34191.5 WHEREAS,as authorized by applicable law, the City of Petaluma has elected to serve as the Successor Agency to the former Petaluma Community Development Commission ("PCDC"); and, WHEREAS, Health and Safety Code Section 34191.5(b) requires the Successor Agency to prepare a Long-Range Property Management plan ("Plan") to address the disposition and use of the real property of the former PCDC; and, WHEREAS, Health and Safety Code section 34191.5(c)(1) requires the Successor Agency to include an inventory of such real property detailing each property that was owned by the former PCDC when it was dissolved; and WHEREAS, the former PCDC transferred various properties in 2011 prior to its dissolution; and WHEREAS, those property transfers must now be reviewed by the State Department of Finance through a Long Range Property Management Plan. A copy of the Plan is attached to this Resolution as Exhibit"A"; and, WHEREAS, the Plan must be reviewed and approved by the Oversight Board of the Successor Agency and the State Department of Finance before any potential real estate transaction can occur; and, WHEREAS, the Oversight Board has received, reviewed and considered the Plan,and considered all written and oral staff reports and all written and oral public comments relating to the Plan; and, WHEREAS,the Oversight Board finds that,the Plan was prepared in accordance with the requirements of Health and Safety Code Section 34191.5. NOW, THEREFORE, BE IT RESOLVED by the Oversight Board of the Petaluma Community Development Successor Agency as follows: Section 1. The Long-Range Property Management Plan attached to this Resolution as Exhibit"A" is hereby approved. OSB Resolution No.2013-05 Page 1 Section 2. Staff is authorized and directed to transmit the approved Plan and this Resolution to the State Department of Finance for review and approval in accordance with the requirements of Health and Safety Code Section 34191.5. REFERENCE: 1 hereby certify the foregoing Resolution was introduced and adopted by the Petaluma Oversight Board to the Petaluma Community Development Successor Agency at a Regular Meeting on the 9th of October,2013,by the following vote: AYES: Davis,Duiven,Chair Healy,Herrington,Scharer NOES: None ABSENT: Jolley,Vice Chair Rabbitt ABSTAIN: None ATTEST: &flat) m Recording Secretary Chair OSB Resolution No.2013-05 Page 2 Exhibit A LONG RANGE PROPERTY MANAGEMENT PLAN PETALUMA COMMUNITY DEVELOPMENT SUCCESSOR AGENCY (cP L b- 4 CITY OF PETALUMA 11 English Street Petaluma, CA 94952 OSB Resolution No.2013-05 Page 3 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency INTRODUCTION On June 27, 2012, Governor Brown signed Assembly Bill 1484, changing the procedures outlined in AB 1X 26 for dissolving redevelopment agencies. One of the key components of the new law was a requirement that all successor agencies develop a long-range property management plan (Plan) spelling out how the successor agency planned to transfer or sell properties owned by their former redevelopment agency. As required by law, Petaluma established a successor agency called the Petaluma Community Development Successor Agency (Successor Agency) to wind down the affairs of Petaluma's former redevelopment agency, the Petaluma Community Development Commission (PCDC). As part of that action, the Successor Agency took ownership of the properties previously owned by the former PCDC. It is now required to sell or transfer those properties pursuant to this Plan. The Successor Agency is eligible to submit this Plan because it received a certificate of completion by the Department of Finance on May 29, 2013 (Attachment A), a prerequisite required by the new law. In accordance with Health and Safety Code Section 34191 .5 (c) and the checklist provided by the Department of Finance (Attachment B), this Plan contains an inventory of the former PCDC's property and a description of the proposed disposition of the land. SUMMARY OF PROPERTIES OWNED BY THE SUCCESSOR AGENCY: No Address Size (sf) Use 1 129 Petaluma Boulevard No., 5,100 public park APN 006-281-039 _ 2 120 Western Avenue, 9,030 portion of parking garage APN 006-363-023 3 0 Rocca Drive, APN 006-423-037 150 flood control mitigation 4 5 Vallejo Street, APN 007-019-032 11 ,500 flood control mitigation 5 10 Vallejo St., APN 007-042-017 5,000 flood control mitigation 6 0 Cedar Grove Park 130,680 flood control mitigation /future APN 006-051-080 public park 7 Lakeville Street , APN 006-051- 2,514 flood control mitigation 083 (adjacent to Petaluma River) 8 0 Lakeville St.,APN 007-071-007 7,653 flood control mitigation 9 Auto Center Drive (2 parcels) right of way / street APN 007-412-060; 007-412-066 10 Industrial Avenue, 87,120 developable vacant land APN 150-020-036 OSB Resolution No.2013-05 Page 4 A" , . 111, .• •• ,„el'. . 41' - . ,,, .., , Q. # . / , / 1 - / . • . .' ..,; ,.., . .'. 1•P #' 4 . 1 4, A , <73* %) AVb. ifiPNIN" , .."' . 0 -..4• i . • *.f. ,- - ,,. i : \ *- ' —• ' 1 t t ,,,,.4, r- ,, • • * • 411 ta . .• .>,,,,, ',,+,,, .' , • ... . . • I C.,.. ''1, ',...:A.,,,,,'.,„, ' ...":4 2'': '.7, 'o.,..."-•..',-!' 5'0,, te,, .. ,, AI_ b j ad ■ Air' er , 4 ,* ,• •C , --N.. . , '' • ,, / • . , ' 1 4t...t!.... , .. 1... * ,. .. ., .•1 ,ritii .i A itild l. , ....,„ . .. ...,,..._. , . .64... r., * ...,9' 8 4AV ' ..,. , .,., - : • ... . •• ,,,...: . 1, n. • 1. . '''' '' ' _.,st. '. __. - • ' ' X N- C; ro . St , - 2•• 'zr -I --- -49 c EN .. . ... .,,i),..,.. .4...„ _..:.,.„,. h ...1 5 "ihms -a .''.- •-• .--, .• .: ' - 1 61111161 ° 7, vill ' ....,./'''''' ........ 4,,., , ..- .., ,., iti *to' 0 , t ., o . , _„ . .. , .„, i . , .. .„.. , ,a _ . . , .}pg.:7., ,%,)., ,...„,„E. _, 0 go ,.., OSB Resolution No.2013-05 Page 5 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Parcel #1 129 Petaluma Boulevard North Pm..—..:BY G!.S lart n ;tea 'i � . . .- 1 - ' ` \. '�''' �' ('s 129 Pbwnn.,RI 1• 'till t • _ t_' a ',..� 271 L'^sf-29[-G39 4 ♦ \,,Ipt" ,t4��{i. 1 1 1. Gqy N Pelda:ma iiiili, Csstarnn[ 1 ' gy , .. p � ` .`.. EMI.= r . tq. .1 • ' se[.ru ur l ` t oaicnnee ■ '1 p. 1R,l�YeYS[ a�w.r ! \ . ; \ . �k % �y L . - P ` r f ' _ ,'''\-":''' ° --.8444 itk'm ® ''' '''k' •, ft . . A • , , ind, .;I ..„,./.. .. f . „ i •./ Acquisition Information. This property was acquired in 1985 for $65,227. The property is located in the downtown area of Petaluma and was purchased as part of the City's River Walk Pedestrian concourse, also known as the Golden Concourse. The Successor Agency staff determined that this property has a $0 value to it because it is a public park. Purpose of Acquisition. This parcel was purchased for a public park to be named after one of Petaluma's beloved mayors, Helen Putnam. This park, Putnam Plaza, was acquired using redevelopment funds for one of many pedestrian improvements through the Central Business District, a redevelopment project area. Parcel data. The property address is 129 Petaluma Boulevard. The assessor parcel number is 006- 281-039. The lot size is 5,100 s.f. It is currently zoned CS — Civic Space. OSB Resolution No.2013-05 Page 6 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Current Value. There is no appraisal information on this parcel as it is a public park. The estimated value for resale is $0. Revenues generated by the Property; Contractual Requirements. The property does not generate any lease, rental, or other revenue. There is no contractual requirement related to this property. Environmental Contamination & Remediation. To the Successor Agency's knowledge, the property does not have any history of environmental contamination or remediation efforts, and the Successor Agency does not have any related environmental studies with respect to the property. Potential for Transit Oriented Development and Advancement of Planning Objectives. The property has no known potential for transit-oriented development or advancement of planning objectives of the Successor Agency. OSB Resolution No.2013-05 Page 7 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Parcel #2 120 Western Avenue Pare-08f PI:we-08f Ge Smar..n 1001*- 3f+` i ,. ; _f r gg t! hn1 120 Western , $ t i LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Parcel Data. The property address is 120 Western Avenue. The assessor parcel number is 006-363- 023. The lot size is 9,030 s.f. It is currently zoned CF — Civic Facility. Current Value. There is no appraisal information on this parcel as it is a public facility. The estimated value for resale is $0. Revenues generated by the Property; Contractual Requirements. The property does not generate any lease, rental, or other revenue. The Keller Street Garage was built with funds generated from a Parking district. The surrounding property owners formed an Assessment District and generated funds to build the garage improvements in return for reduced parking requirements throughout the Downtown. This parking district continues to be the basis for reduced parking requirements throughout the historic downtown corridor. Environmental Contamination & Remediation. This property was formerly a gas station when it was purchased in 1977. In the Agreement to Buy and Sell Real Property signed by all parties, the Seller was required to remove all fuel storage tanks on the property. To the Successor Agency's knowledge, the property does not have any history of environmental contamination or remediation efforts, and the Successor Agency does not have any related environmental studies with respect to the property. Potential for Transit Oriented Development and Advancement of Planning Objectives. The Property has no known potential for transit-oriented development or advancement of planning objectives of the Successor Agency. OSB Resolution No.2013-05 Page 9 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency , Property #3 0 Rocca Drive Powered By Geo6mart.n y . O Roo or 7 ; d 4 006-230-037 7 4 • i,. city or Petaluma IN =tille 'its - ' ii =.p nruwn •Ile '-' . ' s ae '") a'\T faf_awl i r- an_us -, f �,- aat uwru- ti„1 w.a«aaa.r- A•ga IS `' ` I y I. ! % wrot J ti x a I >, /V r t # ♦4 I 6 a6awra 1 Acquisition Information. This property was acquired in 1999 by the former RDA for $12,226. The property is located behind a residential lot on the Petaluma River and was purchased as one of the parcels for the development of Payran Reach Flood Control Improvements. The Successor Agency staff determined that this property has a $0 value to it because it is in a flood way and part of the mitigation of the flood control improvements. Purpose of Acquisition. Redevelopment funds were used to purchase several properties throughout the flood control project. This parcel was purchased for a construction easement that was needed by the Corps of Engineers to complete the project. OSB Resolution No.2013-05 Page 10 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Parcel Data. The property address is 0 Rocca Drive. The assessor's parcel number is 006-423-037. The lot size is 150 s.f. It is currently zoned FW — Flood Way. Current Value. There is no appraisal information on this parcel as it is in a flood way and cannot be developed. The estimated value for resale is $0. Revenues generated by the Property; Contractual Requirements. The property does not generate any lease, rental, or other revenue. There is no contractual requirement related to this Property. Environmental Contamination & Remediation. To the Successor Agency's knowledge, the property does not have any history of environmental contamination or remediation efforts, and the Successor Agency does not have any related environmental studies with respect to the Property. Potential for Transit Oriented Development and Advancement of Planning Objectives. The Property has no known potential for transit-oriented development or advancement of planning objectives of the Successor Agency. OSB Resolution No.2013-05 Page 11 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Background to Properties 4 - 8 9 p Properties #4-8 are all part of the same flood control project in the Petaluma Community Development Project Area. The Petaluma Community Development Project Area was formed in large part to help commercial and industrial development become feasible by providing funds to alleviate the problems. One of the problems of the Project Area was the configuration of the physical topography with the existence of the Petaluma River significantly contributing to the conditions of blight from the many floods beginning in 1982 through 1998. In 1982, the January storm occurred over a 50+ block area on both sides of the river through the City of Petaluma. Most of the 500 homes and the 100 commercial-industrial establishments in this area incurred flood damage. The total damage was estimated to be $28 million. In the next several years, another $6 million in damages had occurred. The redevelopment agency funds were used in coordination with funds from State and Federal agencies to construct a 100 year level of protection from floods. That project was the Payran Reach Flood Control Improvements. Property #4 5 Vallejo Street Porsered By GeoSmart.n . . ._ a / s' ? + e ., _. 007-01.9-032 ,. . I[ e '\". -4.:\ `i covet Petak ma Conforms N.k iir h r f�td�i yealAl- sea WNW. KOOLDNII *Ina MS 4' sae savors p ,: d b *+ms V`2 r, f....... 14 di is : `' g. °' OSB Resolution No.2013-05 Page 12 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Acquisition Information. This property was acquired in 1995 by the former RDA for $94,780. The property is located next to the Petaluma River and was purchased as one of the parcels for the development of Payran Reach Flood Control Improvements. The Successor Agency staff determined that this property has a $0 value to it because it is in a flood way and part of the mitigation of the flood control improvements. Purpose of Acquisition. Redevelopment funds were used to purchase several properties throughout the flood control project. This parcel was purchased to construct a portion of a concrete flood wall that was needed by the Corps of Engineers to complete the project. Parcel Data. The property address is 5 Vallejo Street. The assessor's parcel number is 007-019- 032. The lot size is 11,500 s.f. It is currently zoned FW— Flood Way. Current Value. There is no appraisal information on this parcel as it is in a flood way and cannot be developed. The estimated value for resale is $0. Revenues generated by the Property; Contractual Requirements. The property does not generate any lease, rental, or other revenue. There is no contractual requirement related to this Property. Environmental Contamination & Remediation. To the Successor Agency's knowledge, the property does not have any history of environmental contamination or remediation efforts, and the Successor Agency does not have any related environmental studies with respect to the Property. Potential for Transit Oriented Development and Advancement of Planning Objectives. The Property has no known potential for transit-oriented development or advancement of planning objectives of the Successor Agency. OSB Resolution No.2013-05 Page 13 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Property #5 10 Vallejo Street Powered By GeoSmart.n r I : .— f, ) Z s ' _./ f p lO Yaflejo NI 007-042-617 , ►._. '",y, ; ` � 4'- ;. Gty of Petaluma tf, m. 4 f 4 � , '. j. i, ../ ,. f:: IN = I —_ :, R . I `t`a..[��sEaeptur{F t v ' .. n�refase7�e- C f - ...,; � Y , SOIL w- r ea4e , lr" q7 /4 :.-r• r- t. Ai Mr.... i ,M s s —5 i - 1 , r ' \--„,-, .....: - ti , . �_ Acquisition Information. This property was acquired in 1994 by the former RDA for $95,211. The property is located next to the Petaluma River and was purchased as one of the parcels for the development of Payran Reach Flood Control Improvements. The Successor Agency staff determined that this property has a $0 value to it because it is in a flood way and part of the flood control improvements and was used to construct a portion of the concrete floodwall. Purpose of Acquisition. Redevelopment funds were used to purchase several properties throughout the flood control project. This parcel was purchased to construct a portion of a concrete flood wall that was needed by the Corps of Engineers to complete the project. OSB Resolution No.2013-05 Page 14 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Parcel Data. The property address is 10 Vallejo Street. The assessor's parcel number is 007-042- 017. The lot size is 5,000 s.f. It is currently zoned FW— Flood Way. Current Value. There is no appraisal information on this parcel as it is in a flood way and cannot be developed. The estimated value for resale is $0. Revenues generated by the Property; Contractual Requirements. The property does not generate any lease, rental, or other revenue. There is no contractual requirement related to this Property. Environmental Contamination & Remediation. To the Successor Agency's knowledge, the property does not have any history of environmental contamination or remediation efforts, and the Successor Agency does not have any related environmental studies with respect to the Property. Potential for Transit Oriented Development and Advancement of Planning Objectives. The Property has no known potential for transit-oriented development or advancement of planning objectives of the Successor Agency. OSB Resolution No.2013-05 Page 15 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Property #6 0 Cedar Grove Park rte.ey GoeSnwtn Mitigation , , L,. .n ' I 4 ,'"L` C am. t,,, , ;o+velaMnnna .5 r t. •N 4 4d t r. y. 1TMLaR r ITS(Lb R, 4414 OCT*.M- #,._ e a ;i w:.•Mr I ,_ / %;: r R see LAMNrs- \ *e L� i A � •' ` x i " $ Y am „'is,..,-,!'' ci . g d a Acquisition Information. This property was acquired in 1996 by the former RDA for $261 ,373. The property is located next to the Petaluma River and was purchased as a mitigation site for the Payran Reach Flood Control Improvement Project. The Successor Agency staff determined that this property has a $0 value to it because a portion of the property is in a flood way and the other part of the property is designated open space/public park. Purpose of Acquisition. Redevelopment funds were used to purchase several properties throughout the flood control project. This parcel was purchased as mitigation that was required in the EIR/EIS of the Payran Reach Flood Control Improvement project to protect the fish and wildlife habitat. OSB Resolution No.2013-05 Page 16 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Parcel Data. The property address is 0 Cedar Grove Park. The assessor's parcel number is 006- 051-080. The lot size is 130,680 s.f. It is currently zoned FW — Flood Way and OS — Open Space. Current Value. There is no appraisal information on this parcel as it is in a flood way and cannot be developed. The estimated value for resale is $0. Revenues generated by the Property; Contractual Requirements. The property does not generate any lease, rental, or other revenue. There is no contractual requirement related to this Property. Environmental Contamination & Remediation. To the Successor Agency's knowledge, the property does not have any history of environmental contamination or remediation efforts, and the Successor Agency does not have any related environmental studies with respect to the Property. Potential for Transit Oriented Development and Advancement of Planning Objectives. The Property has no known potential for transit-oriented development or advancement of planning objectives of the Successor Agency. OSS Resolution No.2013-05 Page 17 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Property #7 Lakeville Street adjacent to Petaluma River (NO PICTURE) Acquisition Information. This property was acquired on 8/15/1997 by the former RDA for $36,159. The property is located next to the Petaluma River and was purchased as one of the parcels for the development of Payran Reach Flood Control Improvements. The Successor Agency staff determined that this property has a $0 value to it because it is in a flood way. Purpose of Acquisition. Redevelopment funds were used to purchase several properties throughout the flood control project. This parcel was purchased for a construction easement that was needed by the Corps of Engineers to complete the project. Parcel Data. There is no property address. The assessor's parcel number is 006-051-083. The lot size is 2,514 s.f. It is currently zoned MU1A — Mixed Use. Current Value. There is no appraisal information on this parcel as it is a small parcel and landlocked and cannot be developed. The estimated value for resale is $0. Revenues generated by the Property; Contractual Requirements. The property does not generate any lease, rental, or other revenue. There is no contractual requirement related to this Property. Environmental Contamination & Remediation. To the Successor Agency's knowledge, the property does not have any history of environmental contamination or remediation efforts, and the Successor Agency does not have any related environmental studies with respect to the Property. OSB Resolution No.2013-05 Page 18 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Potential for Transit Oriented Development and Advancement of Planning Objectives. The Property has no known potential for transit-oriented development or advancement of planning objectives of the Successor Agency. OSB Resolution No.2013-05 Page 19 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Property #8 0 Lakeville Street Powered By Geceenartx µ; .'�'� ' ' as. * .. w °007-071-0:71 taro ' €n R 1, -40:1:•••. ` ~ ° Oty d Petaluma .m Caidearea I }t f 1'4'-•;',. I 4 qty ., `1' . "at'''. ' x y - • d � � rex�e sae rmv.. I:-� .�yq J,r�j i� ., 1E .. 1� crscaroR.c �� "� J Z RZ fi . A•. Y,� - [r ra rrae tieo n.�ca M ,fie ' r°', •8.1 / I j.• .• w + • . •y --, _,,.t,M '• rk.( j t 4S.0,1011/ i 4pr.,• •`�, Sy�I Z `r• • ` + -i 4„. vim . t , 1. R _ k R , _� ,. £ • Acquisition Information. This property was acquired on 2/28/1997 by the former RDA for $181,000. The property is located next to the Petaluma River and was purchased as one of the parcels for the development of Payran Reach Flood Control Improvements. The Successor Agency staff determined that this property has a $0 value to it because it is in a flood way and is a public right of way for the River Trail project. Purpose of Acquisition. Redevelopment funds were used to purchase several properties throughout the flood control project. This parcel was purchased for a construction easement that was needed by the Corps of Engineers to complete the project. OSB Resolution No.2013-05 Page 20 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Parcel Data. The property address is 0 Lakeville Street. The assessor's parcel number is 007-071- 007. The lot size is 7,653 s.f. It is currently zoned FW and MU — Mixed Use. Current Value. There is no appraisal information on this parcel as it is an easement for the maintenance of the flood wall and pilings. The estimated value for resale is $0. Revenues generated by the Property; Contractual Requirements. The property does not generate any lease, rental, or other revenue. There is no contractual requirement related to this Property. However, this property has two easements for right of way attached to it. Environmental Contamination & Remediation. To the Successor Agency's knowledge, the property does not have any history of environmental contamination or remediation efforts, and the Successor Agency does not have any related environmental studies with respect to the Property. Potential for Transit Oriented Development and Advancement of Planning Objectives. The Property has no known potential for transit-oriented development or advancement of planning objectives of the Successor Agency. OSB Resolution No.2013-05 Page 21 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Property #9 (2 parcels) Auto Center Drive adjacent to Benson Dr. Auto Center Drive NW of Benson Papered By Gw:=..„' Ft.' ' . _ F ''1,, Auto Center Oriv - a Right of Way City Of PetaluTia a \ t jam£y ,. N. ,. . l t 5C'D7R[F. ' " - f ; SSO[ MSE I. r- )0/ �' ItiSSIgtrii- SOE uRRAsE ,, F ti 4 : GSEOIrO..N � � \ 1LROEIRE tern]OED .erl Color w - —` t q fOE toot, [.ClSECErOR- �5 * AIM*0.01, ,, x �, it- Acquisition Information. This property was acquired on 11/8/1991 by the former RDA for an undetermined account of funds. The property is located in the Petaluma Auto Plaza development. The Successor Agency staff determined that this property has a $0 value to it because it is a public street. Purpose of Acquisition. Redevelopment funds were used to purchase several properties within the Petaluma Auto Plaza project. These parcels were purchased for use as a public street and right of way. Parcel Data. There is no property address. The assessor's parcel number is 007-412-060 and 007- 412-066. There is no lot size on either parcel. It is a public street and right of way. OSB Resolution No.2013-05 Page 22 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Current Value. There is no appraisal information on this parcel as it is public street and cannot be developed. The estimated value for resale is $0. Revenues generated by the Property; Contractual Requirements. The property does not generate any lease, rental, or other revenue. There is no contractual requirement related to this Property. Environmental Contamination & Remediation. To the Successor Agency's knowledge, the property does not have any history of environmental contamination or remediation efforts, and the Successor Agency does not have any related environmental studies with respect to the Property. Potential for Transit Oriented Development and Advancement of Planning Objectives. The Property has no known potential for transit-oriented development or advancement of planning objectives of the Successor Agency. OSB Resolution No.2013-05 Page 23 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Property #10 Industrial Avenue (between Auto Center & Corona Road) Powered By Geo5rrwrt.n w r , 4- a '� Industrial Ave - r. c ' 15'3-020-036 c . � N h r fL >" ) Jy` ,,` y i _ t t:v vers nn .CISFORO�I..C• A fOfYflu k ,. .t�y 1M &r srfe- Frs ctn. 4 1� soe-uwaaws!- , ,� + .wseonos.w- TOO w1141 '. ,�► Sep •OFJF MMUS 1 . � f { Acquisition Information. This parcel is part of the Petaluma Auto Plaza development that started in 1988. It was purchase on 12/12/1988 for a price of $413,240. An estimate of its current value is $630,000 using a comparable market sale in December of 2011. Purpose of Acquisition. The Petaluma Auto Plaza was the first major project in the Petaluma Community Development Project Area, which was designed to contain 9 dealerships when completely developed. The purchase of this parcel was to be part of the Petaluma Auto Plaza development. Parcel Data. The property address is Industrial Avenue. The assessor's parcel number is 150-020- 036. The lot size is 87,120 s.f. approximately 2 acres. It is vacant developable land. OSB Resolution No.2013-05 Page 24 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Current Value. The property has not had an appraisal since it was purchased in 1988. The property is estimated at a value of $630,000 per a comparable property that was sold in one of Petaluma's industrial areas in December of 2011. Revenues generated by the Property; Contractual Requirements. The property does have a lease with the Petaluma Valley Racquet Club for $500 per month for its over-flow parking. The lease is on a month to month basis. Environmental Contamination & Remediation. To the Successor Agency's knowledge, the property does not have any history of environmental contamination or remediation efforts, and the Successor Agency does not have any related environmental studies with respect to the Property. Potential for Transit Oriented Development and Advancement of Planning Objectives. The Property has no known potential for transit-oriented development or advancement of planning objectives of the Successor Agency. USE OR DISPOSITION OF PROPERTIES According to Health and Safety Code Section 34191.5, Successor Agencies must address the use or disposition of all former Agency owned properties in the Community Redevelopment Trust Fund. The properties can be retained for governmental use, retained for future development, sold, or used to fulfill an enforceable obligation. The legislation goes on to state the following: • The plan should separately identify and list properties dedicated to governmental use purposes and properties retained for purposes of fulfilling an enforceable obligation. • Property intended to be used for a project identified in an approved redevelopment plan will be transferred to the host city of county. • If the successor agency plans to liquidate the property or use the revenues from the property for any purpose other than fulfilling an enforceable obligation or for a contemplated redevelopment project, the proceeds from the sale shall be distributed as property tax to the taxing entities. Of the 10 properties that are owned by the Petaluma Community Development Commission, 9 of them should be retained for governmental use. The 10th remaining OSB Resolution No.2013-05 Page 25 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency property, Industrial Avenue, is a piece of vacant land that can be sold at its appraised value. Proceeds from the sale will be distributed as property tax to the taxing entities. The following properties should be retained for governmental use: No Address Use 1 129 Petaluma Boulevard N This is a public park and zoned for Civic Space 2 120 Western Avenue This is a portion of a parking garage and is zoned Civic Facility 3 0 Roca Drive This parcel is in the flood way and has no value 4 5 Vallejo Street This parcel is in the floodway and has no value 5 10 Vallejo Street This parcel is in the floodway and has no value 6 0 Cedar Grove Park This parcel is in the floodway and has no value 7 Lakeville Street This parcel is in the floodway and has no value (adjacent to Petaluma River) 8 0 Lakeville Street This parcel is in the floodway and was purchased to construct flood walls and for maintenance and cannot be sold 9 Auto Center Drive (2 parcels) Both parcels are public streets 10 Industrial Avenue Developable vacant property* *The Industrial Avenue parcel is a vacant developable site and is not intended needed to fulfill an enforceable obligation. The Successor Agency, with the approval of the Oversight Board, will sell this parcel at market value and distribute the proceeds to the taxing entities. CLARIFICATION ON CAPITAL ASSETS In a letter dated May 1, 2013, the Department of Finance noted that "assets transferred to the City of Petaluma (City) during the period of January 1, 2011 through June 30, 2012 in the amount of$11 ,674,078 are not allowable." The non-liquid assets transferred to the City are subject to the California State Controller's Office review of asset transfers. The letter also says that the City should transfer those assets back to the Successor Agency and then present them in this Plan. The transferred assets are portions of capital improvement projects paid for by the former PCDC and now owned by the City of Petaluma. The following are a list of the projects and the amounts transferred. Caulfield Extension from Lakeville Street to Petaluma River — Project #C200104 This project had four phases and extended Caulfield Lane from Lakeville Street to Petaluma Boulevard South to provide access to future development sites. The project was started in 2003-2004 and the amount of redevelopment funds that were spent on OSB Resolution No.2013-05 Page 26 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency this project was $369,793. This is a street project and not an asset of the redevelopment agency. No. Water Street— Project #C200105 This project was started in 2004-2005 to improve No. Water Street from Washington Street to East Lakeville Street. The project was in the preliminary design stage and was put on hold due to a lack of commitment from property owners. The amount of redevelopment funds that were spent on this capital project was $98,166. This is a street project and not an asset of the redevelopment agency. East D Street Widening — Project #C200205 This project was started in 2004-2005 and completed the design phase. The project had to be put on hold until other funds were committed. The amount of redevelopment funds that were spent on this capital project was $276,173. This is a street project and not an asset of the redevelopment agency. Keller Street/Liberty Street Construction — Project#C200308 The project was started in 2007-2008 and completed the design phase. The project was suspended in 2009 due to lack of funding. The amount of redevelopment funds that were spent on this capital project was $85,737. This is a street project and not an asset of the redevelopment agency. River Trail Enhancement Phase 2 — Project#C200503 This 3-phase project is part of the Payran Reach Flood Control Improvement project and implements the Petaluma River Access and Enhancement Plan from Lynch Creek to Washington Street, primarily developing pedestrian/bike paths along the river. The amount of redevelopment funds that were spent on this capital project was $2,896,575. This is not an asset of the redevelopment agency and is City right of ways. Downtown Improvement Phase I — Project #C200603 This project reconstructed and revitalized the Downtown area between Washington and B Streets and Petaluma Boulevard and Howard Street. Work included landscaping, streetlights, sidewalks, curbs, gutters and street repair. The amount of redevelopment funds that were spent on this capital project was $6,669,804. This is a street project and not an asset of the redevelopment agency. Caulfield Railroad Crossing — Project#C1200104 This project is a small portion of the Caulfield Extension Project (see above). This project extends Caulfield Lane all the way to Hopper Street including a new at-grade railroad crossing. The improvements closed the Hopper Street connection at Lakeville Street. The amount of redevelopment funds that were spent on this capital project was $941,908. This is a street project and not an asset of the redevelopment agency. OSB Resolution No.2013-05 Page 27 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Auto Center Extension — Project#C53101002 This project was started in 2009-2010 and extended the existing Auto Center Drive to Petaluma Boulevard North. This is part of the Petaluma Auto Plaza that was developed in the 1990's. The amount of redevelopment funds that were spent on this capital project was $164,610. This is a street project and not an asset of the redevelopment agency. Trolley Feasibility — Project#C53401003 This project to rehabilitate the Trolley Trestle owned by SMART is in the early stages of looking for grant funding to rehabilitate Petaluma's historic trestle for trolley operations. The amount of redevelopment funds spent on this project was $312.00. All of the above capital assets except the Trolley Trestle are owned by the City of Petaluma. They were never owned by the redevelopment agency. The transfer that was made was an accounting procedure to remove the expenditures from the redevelopment agency and move them to the City of Petaluma capital asset list. All the assets are for governmental use. ATTACHMENTS Attachment A — Finding of Completion from DOF Attachment B — LRPMP Information Checklist OSB Resolution No.2013-05 Page 28 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency ATTACHMENT A OSB Resolution No.2013-05 Page 29 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency it ANTQ . m 1111 n O A * DEPARTMENT OF EDMUND G. BROWN JR. • GOVERNOR C4letOR~`'FINANCE 915 L STREET•SACRAMENTO CA■95814.3705•WWW.00V.CA.613V May 29, 2013 Ms. Ingrid Alverde, Redevelopment Manager City of Petaluma 27 Howard Street Petaluma, CA 94952 Dear Ms. Alverde: Subject: Request for a Finding of Completion The California Department of Finance(Finance)has completed the Finding of Completion for the City of Petaluma Successor Agency. Finance has completed its review of your documentation, which may have included reviewing supporting documentation submitted to substantiate payment or obtaining confirmation from the county auditor-controller. Pursuant to Health and Safety Code(HSC)section 34179.7,we are pleased to inform you that Finance has verified that the Agency has made full payment of the amounts determined under HSC section 34179.6, subdivisions(d)or(e)and HSC section 34163.5. This letter serves as notification that a Finding of Completion has been granted. The Agency may now do the following: • Place loan agreements between the former redevelopment agency and sponsoring entity on the ROPS, as an enforceable obligation, provided the oversight board makes a finding that the loan was for legitimate redevelopment purposes per HSC section 34191.4(b)(1). Loan repayments will be governed by criteria in HSC section 34191.4(a)(2). • Utilize proceeds derived from bonds issued prior to January 1,2011 in a manner consistent with the original bond covenants per HSC section 34191.4(c). Additionally, the Agency is required to submit a Long-Range Property Management Plan to Finance for review and approval, per HSC section 34191.5(b),within six months from the date of this letter. Please direct inquiries to Andrea Scharffer, Staff Finance Budget Analyst,or Chris Hill, Principal Program Budget Analyst, at(916)445-1546. Sincerely, STEVE SZALAY Local Government Consultant cc: Mr. John C. Brown, City Manager, City of Petaluma Ms. Sue Castellucci, Housing Coordinator, City of Petaluma Mr. Randy Osborn, Property Tax Manager, Sonoma County California State Controller's Office OSB Resolution No.2013-05 Page 30 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency ATTACHMENT B OSB Resolution No.2013-05 Page 31 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency ± � 7 : LONG-RANGE PROPERTY MANAGEMENT PLAN CHECKLIST Instructions: Please use this checklist as a guide to ensure you have completed all the required components of your Long-Range Property Management Plan. Upon completion of your Long-Range Property Management Plan, email a PDF version of this document and your plan to: Redevelopment Administration @dof.ca.gov The subject line should state`(Agency Name)Long-Range Property Management Plan". The Department of Finance(Finance)will contact the requesting agency for any additional information that may be necessary during our review of your Long-Range Property Management Plan. Questions related to the Long-Range Property Management Plan process should be directed to(916)445-1546 or by email to Redevelopment Administration(dof.ca.cgov. Pursuant to Health and Safety Code 34191.5, within six months after receiving a Finding of Completion from Finance, the Successor Agency is required to submit for approval to the Oversight Board and Finance a Long- Range Property Management Plan that addresses the disposition and use of the real properties of the former redevelopment agency. GENERAL INFORMATION: Agency Name: Petaluma Community Development Successor Agency Date Finding of Completion Received: May 29, 2013 Date Oversight Board Approved LRPMP: October 9, 2013 Long-Range Property Management Plan Requirements For each property the plan includes the date of acquisition,value of property at time of acquisition, and an estimate of the current value El Yes ❑ No For each property the plan includes the purpose for which the property was acquired. ® Yes ❑ No For each property the plan includes the parcel data, including address,lot size,and current zoning in the former agency redevelopment plan or specific,community,or general plan. ® Yes ❑ No For each property the plan includes an estimate of the current value of the parcel including,if available, any appraisal information. ® Yes ❑ No Page 1 of 3 OSB Resolution No.2013-05 Page 32 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency For each property the plan includes an estimate of any lease, rental,or any other revenues generated by the property,and a description of the contractual requirements for the disposition of those funds. E Yes ❑ No For each property the plan includes the history of environmental contamination, including designation as a brownfield site, any related environmental studies,and history of any remediation efforts. E Yes ❑ No For each property the plan includes a description of the property's potential for transit-oriented development and the advancement of the planning objectives of the successor agency. E Yes El No For each property the plan includes a brief history of previous development proposals and activity, including the rental or lease of the property. E Yes ❑ No For each property the plan identifies the use or disposition of the property, which could include 1)the retention of the property for governmental use,2)the retention of the property for future development, 3)the sale of the property,or 4)the use of the property to fulfill an enforceable obligation. • Yes ❑ No The plan separately identifies and list properties dedicated to governmental use purposes and properties retained for purposes of fulfilling an enforceable obligation. E Yes ❑ No ADDITIONAL INFORMATION • If applicable, please provide any additional pertinent information that we should be aware of during our review of your Long-Range Property Management Plan. Page 2 of 3 OSB Resolution No.2013-05 Page 33 LONG RANGE PROPERTY MANAGEMENT PLAN Petaluma Community Development Successor Agency Agency Contact Information Name: Ingrid Alverde Name: Sue Castellucci Title: Economic/Redevelopment Mgr Title: Housing Coordinator Phone: 707-778-4549 Phone: 707-778-4563 Email: ialverde0ci.petaluma.ca.us Email: scastellucci@@ci.petaluma.ca.us Date: 11/1/2013 Date: 11/1/2013 Department of Finance Local Government Unit Use Only DETERMINATION ON LRPMP: ❑ APPROVED ❑ DENIED APPROVED/DENIED BY: DATE: APROVAL OR DENIAL LETTER PROVIDED: ❑ YES DATE AGENCY NOTIFIED: Form DF-LRPMP(11/15/12) Page 3 of 3 OSB Resolution No.2013-05 Page 34