RDA Min 1999-09-13 - Laserfiche WebLink

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Housing and Redevelopment Manager Church gave a chronology beginning in 1993 and outlined various meetings held pertaining to the project. The project is based on direction from the Agency to staff to develop a master plan for the entire piece of property. The land is bounded by Jefferson, the railroad tracks, Maple Street and El Camino Real. The agency also indicated strong interest at that time in for sale housing. During the summer of 1997 their was consensus to request staff to seek an exclusive right to negotiate with a developer to look at redevelopment of the entire area described consistent with the Franklin Street area plan adopted in 1994. The project would include approximately 500 units of housing and possibly include a retail component. With that direction, in October of 1997, the Agency gave authorization to send out an owner participation offer for a third time for the entire area encompassing a much larger area of owners. Out of the 9 responses most said they were interested or they were only interested in a portion of the piece. A supplemental questionnaire was sent out asking for their ability to finance and experience. Three responses were received: E1 Camino Developers, Dr. Richard Haars, and a consortium of Shea Homes and Irvine Apartment Communities. After the agency board accepted the proposal from Shea and Irvine the ERN was entered into. The DDA with Irvine was approved on August 9, 1999. The DDA that Shea is proposing is 300 units of for sale housing, 84 townhouses and 216 condominiums. This will provide the mechanism to begin the site assessment that will take from 4 to 6 months. Associate Planner Riordan outlined the outreach program throughout the project. Redevelopment Agency Attorney Kessler recapped some prior actions by the agency in preparation for this DDA, particularly, actions under the California Environment Quality Agency (CEQA) and replacement housing. Because Shea and Irvine proposed a project that was generally in conformity with both the redevelopment plans for the area and the Franklin Street plan previously adopted and the general requirements of the zoning and general plan, the agency determined that the environmental review could be tiered off those previous documents. The agency prepared an initial study and eventually a mitigated negative declaration where noticing and hearings occurred and the recommendation from the Planning Commission to the agency. The groundwork was laid when the finding was made by the agency that the projects presented no substantial evidence that they would have significant impacts that would not be mitigated by either the project itself or previously considered. The replacement-housing plan is required by redevelopment law where a possibility of displacement could occur of low and moderate-income persons. The replacement-housing plan was noticed, circulated for public comment and reviewed at the same time as the negative declaration. The requirements and commitment are to replace housing units that are occupied by low and moderate-income persons within a 4-year period with 75% of the units affordable to the income groups displaced. Mr. Kessler pointed out some errors in the index that should include a reference entitled "Security for Shared Infrastructure" on page 10. The next is in a list of attachments where there should be a reference to "Attachment 12" which is entitled, "Form of Affordable Covenant and Restrictions of Resale". On page 5, there is a reference to Section 306 and should be Section 307. ~ REGULAR REDEVELOPMENT MINUTES BOOK NO. 2 SEPTEMBER 13, 1999 AGENCY MEET1NG Page No. 29 MINUTES PAGE 2