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HomeMy WebLinkAboutDecember 1, 1992,; , , ~: - i_:~_ f.~ r ~~ ~ • Pre-meetinq - 7s0o p.m. Aasxaa ARCADIA CITY COQNCIL DIEETIN(i DSC&MBER 1~ 1992 7530 P.M. INVOCATION PLBD(iB O8 ALLE~iIANCB ACTION ROLL CALLt Councilmembers Ciraulo,_Harbicht, Lojeski; Margett and Faschinq Al1 Present MINUT88 of the Work Session of November 10, 1992,, and the Adjourned Reqular Meeting of November 17, 1992 ~roved MOTION: Read all ordinances and resolutions by title only and waiva reading in full. Adooted PREBENTATION to Arcadia Al1 Stars 1. PUBLIC HBARINa An extension of the Urgency ordinance imposing a moratorium on all land use authority, permits, licenses aad entertainment_parmits that authorize karaoke and karaoke television as a permitted or • ancillary use and activity in the City of Arcadia; directing a study; and declaring an urgency requiring the moratorium (4 votes required). A(iENDA 12/1/92 ~ , .-<. ) :, ~ ~ a CTION 1. PIIHLIC HEARINa (aoAtiIIUed) ORDINANCE NO. 1983 - For introduction and Adoption - extending interim Urgency Ordinance No. 1980 impoaing a moratorium on all land use authority, permits that authorize karaoke and karaoke television as a permitted or ancillary use and activity in the City of Arcadia; directing a study; and declaring an. urgency requirinq the moratorium of 10 montha and 15 days (4 votes required). Public Hearing Closed; Ordinance Adop'ted Issuance of City Council report regarding : Report Approved measures to alleviate conditions to adoption of Ordinance. 2. 80ARD8 AND COBIIQISSIONB a. Recommendation from Personnel Board for the reviaion and establishment of Police Department classifications. Approved b. Recommendation from Recreation and Parks Commission to provide financial assistance to local youth baseball leagues. Approved 3. Time reserved for those in the audience who Lael Collins wish to address the City Council (five-minute time limit per person). ~. R8C888 CITY.COIINCIL 5.' M88TING OB TS8 ARCADIA REDEVELOPMENT A(iENCY a. ROLL CALL: Agency Members Ciraulo, Harbicht, Lojeski, Margett and Fasching All Present b. APPROVAL of the minutes of October 20, 1992 Approved c. Request for approval of Arcadia Redevelopment Aqency FY 1991-1992 Report to the State Department of Housing and Community Develop- ment. Approved -2~ A(iBNDA 12/1/92 . . _~-: ~~ CT O s. ARA (aontinuea) d. AA7QLJ:iN.to 6:30 p.m., December 15, 1992 6. RBCONV8Di8 CITY COIINCIL 7. CONB&NT IT8M8 a. Racommendation from the Library Project Architect Selaction Committee of architect for the library project. Approved b. Designation of Applicant's Aqant Resolution for financial assistance under tha Natural Disaster Assistance Act. . Approved c.' Recommendation for award o8 contract for 1992-93 Tree Maintenance Program on various streets - Job No. 537. Approved d. Recommendation to award contract for the Instal- lation of a SCADA Syatem for Water Facilities. APproved e. Request for approval of Arcadia Redevelopment Agency FY 1991-1992 report to the State Depart- ment of Housinq and Community Development. Approved 8. CITY ATTORNBY a. ORDINANCE NO. 1981 - For introduction - Approving, = Zone Change Z-92-002,:rezoning an 8.2 acre portion of Santa Anita Race Track Parcel No. ~ 949 at 385 W. Huntington Drive from R-1 (single-family) and S-1 (epecial use) to C-2D (general commercial with a design over- lay) . Introduced b.' ORDINANCE NO. 1982 - For Introduction - Approving Text Amandment 92-005 amendinq Sections 1:2 of City Council Ordinance No. 1429 and the exhibit to Resolution No. 4185, to revisa the current boundaries where mall buildinqs are permitted to be located at 400 S. Baldwin Avenue. Introduced -3- A(iENDA 12/1/92 ~ ~`~~ ~` . ACTION 8. CITY_ATTORN8Y (oontinued) c. RESOLJTION NO. 5705, approving Supplement No. 013 to Agreement No. 07-5131 to encumber Federal Aid Funds for preliminary engineering for the pavement rehabilitation on Holly Avenue from Campua Drive to Live Oak Avenue, Job No. 666, and authorizing the Mayor and qdo ted City Clerk to execute such resolution. P d. RESOLUTION NO. 5706, approving the City of Arcadia's continuing participation in the , San Gabriel Valley Transportation Coalition. 9. 11ATTSRB BROM 8TAF8 10. MATTSRB BROM ELECTBD OFFICIALB 11. ADJOIIRN to 6:30 p.m., December 15, 1992, in memory of Edwin ~, Sr. G~4ra 7 Adopted Approved use of firecrackers for East/West Bank Grand Opening on December 10. Approved one-page peacock informational'sheet to be inserted wiGh water bills for problem areas.of the city. . Approved flying of Australian Flag during Koala Band visit and a proclamation for Australia Days. Ap~roved support of John Fasana as representative to the MTA Board. -4- A(iBNDA 12/1/92 wow L. Minot um +'auss9' DATE: November 25, 1992 TO: Mayor and Members of the City Council FROMDavid Feinberg, Administrative Assistant SUBJECT: Participation in San Gabriel Valley Transportation Coalition The San Gabriel Valley Transportation Coalition (the Coalition) was formed last year to organize the cities in the San Gabriel Valley under one common voice on transportation issues. Many cities believe that the San Gabriel Valley does not receive its "fair share" of Proposition A, Proposition C and other available transportation funding. The Coalition was successful in its first two objectives which were to make substantive comments on the Los Angeles County Transportation Commission's (LACTC) 30 - Year Integrated Transportation Plan and the reorganization of the LACTC and Southern California Rapid Transit District. Staff works closely with the Executive Committee of the Coalition. The City hosts the group's meetings and regularly contributes in its decision-making process. Currently, thirty-one San Gabriel Valley cities participate in the Coalition. The Coalition's Executive Committee requests that each city contribute $. 035 per resident. Arcadia's share would be $1, 690. The $1, 690 contribution is an eligible Proposition A expense. Sufficient reserves are available in the Proposition A Local Return Fund to finance the City's share of the Coalition. Recommendation It is recommended that the City Council adopt Resolution No. 5706 to approve a contract for Arcadia's participation as a continuing member of the San Gabriel Valley Transportation Coalition and to appropriate $1, 690 to pay for the membership from Proposition A Local Return Fund reserves. Attachment Approved: 0A-J c. k; Donald R. Duckworth, City Manager LASER IMAGED p 107 San Gabriel Valley Transportation Coalition TO 100 North Barranca Avenue, Suite 470 FEB 4 1992 West Covina, California 91791-1600 1 J 818/967-4700 COUNCIL February 3, 1992 C Title— First— Last— ' Position— ti) City— Address— CD City—, California Zip- r Dear Position— Last—: The organizational meeting of the San Gabriel Valley Transportation Coalition will be held at the Almansor Court, City of Alhambra on Wednesday, February 12, 1992, at 5:00 PM. You are invited to attend and to bring a member of your City Council to this important, organizational meeting. A reception will follow. • The agenda will be: 1. Adoption of Bylaws (see enclosed draft); 2. Selection of Executive Committee. The Steering Committee has nominated he following slate: Elected Officials (3) - John Fasana, Duarte; Phyllis Papen, Diamond Bar; Jer-Thompson, Pasadena. Ex Officio Elected (2) - Bea LaPisto-Kirtley SGVAC Trans. Committee; Judy Hathaway-Francis LACTC. City Managers (4-) - Kevin Murphy, Alhambra; Glenn Southard, Claremont; Jim Starbird, West Covina; George Watts, Arcadia. Please call Forsythe & Associates, Inc. at 818/967-4700 by Monday, February 10, 1992, with your city's reservations. Very truly yours, o William P. Forsythe Executive Director is Enclosure R1 • DG ,o-ic , /9f'/-9 Z ill r•_.... �L l• i..�F'� t) •ro....- DATE: 12/1/92 TO: Arcadia Redevelopment Agency/Arcadia City Council FROM: Dale R. Connors'` Economic Development Associate SUBJECT: Request for Approval of Arcadia Redevelopment Agency FY 1991-92 Report to the State Department of Housing and Community Development. California Redevelopment Law (Health and Safety Code Section 33080) requires that all redevelopment agencies file an annual fiscal and activity report with the California Department . of Housing and Community Development (HCD) within 6 months of the end of the fiscal year. This report contains the following: 1. The Independent Auditor's Compliance Report prepared by Lance, • Soll and Lunghard (LSL) Certified Public Accountants (Attachment No. 1) ; 2. A description of the Agency's activities affecting housing and displacement (Attachment No. 2) ; and California Redevelopment Law requires that this report be approved by City Council prior to transmittal to the State HCD. RECOMMENDATION: AGENCY: That the Arcadia Redevelopment Agency present the FY 1991-92 HCD Report to the Arcadia City Council for approval and authorization to transmit it to HCD. COUNCIL: That the Arcadia City Council approve the FY 1991-92 HCD Report a'd authorize and direct staff to transmit it to HCD \\ ,. Approved: \ �(t kk•.. Executive Director/City Manager DRC:dc hcdrpt.92m ge, 35 s r Fred J.Lunghard,Jr. Lance 7200 .Greenleaf Ave. Brandon W.Burrows Soil & Suite 280 Donald L.Parker Lun hard Whittier, CA 90602 Michael K.Chu g (310) 698-6727 Consultants Fax (310) 693-1599 Robert C.Lance CERTIFIED PUBLIC ACCOUNTANTS Richard C.Soll Governing Board Arcadia Redevelopment Agency Arcadia, California • INDEPENDENT AUDITOR'S COMPLIANCE AUDIT REPORT We have audited only the following Form No's: Consolidated Report Pages 04 and 05, Project Area Pages 05 and Schedules A-RP, and B-RP of the Annual State Controller's Report (LGFA Form 80) of the Arcadia Redevelopment Agency for the fiscal year ended June 30, 1991. This report is the responsibility of the Agency's management. Our responsibility is to express an opinion on certain parts of the report based on our audit of the Agency's financial records. • We conducted our audit in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the forms are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the State Controller's Report. An audit • also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall report form presentation. We believe that our audit • provides a reasonable basis for our opinion. The report has been prepared on a form prescribed by the State Controller, Division of Local Government Fiscal Affairs, and therefore includes only that information required to be presented by the form. Accordingly, the accompanying report is not intended to present financial • position and results of operations. This report is intended solely for filing with the State Controller and is not intended for any other purposes. In our opinion, the above noted forms numbers of the State Controller's Report which we audited, contained in Form LGFA 80 of the Arcadia Redevelopment Agency for the fiscal year ended June 30, 1991, present fairly, in all material respects, the information shown therein in accordance with the applicable provisions of the Controller's Report including instructions thereto. As indicated in the first paragraph, we do not express any opinion on the information contained in other forms prepared by the Agency and submitted with the Report. );e0eet, 4;4 c:?4->ettime October 23, 1992 MEMBER LASER IMAGE CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS 36 Attachment No. 1 '1 . .. ANNUAL REPORT OF FINANCIAL TRANSACTIONS COVER SHEET TO:STATE CONTROLLER OF COMMUNITY REDEVELOPMENT AGENCIES PAGE J 0 1-0 DIVISION OF LOCAL GOVERNMENT STATE USE ONLY FISCAL AFFAIRS COUNTY Los Angeles I I I I I I f— COMMUNITY REDEVELOPMENT MAILING ADDRESS (PLEASE AFFIX MAILING LABEL AND CORRECT IF NECESSARY) REPORTING UNIT AGENCY NAME 19023000 P. O. BOX 942850 ARCADIA REDEVELOPMENT AGENCY SACRAMENTO,CA 94250-5876 STREET ADDRESS OR P.O.BOX 240 West Huntington Drive,P.O.Box 60 CITY STATE ZIP CODE EXPRESS MAIL ADDRESS: Arcadia CA 91006 300 CAPITOL MALL,SUITE 631 PHONE EXTENSION SACRAMENTO,CA.95814 (818) 446-4471 STATE USE ONLY LOCATION: (STREET ADDRESS) (IF DIFFERENT FROM ABOVE) FISCAL YEAR ENDED BATCH NO Same June 30, 1992 CITY STATE , ZIP CODE DUE WITHIN SIX MONTHS OF THE REVIEWED Same Ca. `: 91006 AGENCY'S FISCAL YEAR END AGENCY ORGANIZATION GOVERNING BODY MEMBERSHIP CLEARED X REDEVELOPMENT AGENCY(H&S CODE 33100) _BOARD OF SUPERVISORS COMMUNITY DEVELOPMENT COMMISSION X CITY COUNCIL 1-1 OTHER (H&S CODE 34110) MEMBERS OF THE GOVERNING BODY REPORT PREPARED (CONTACT PERSON) PHONE- (CONTACT PERSON) BY: Donald L.Parker,CPA,Partner (310)698-6727 CHAIRPERSON MEMBER STREET ADDRESS George W.Fasching Lance,Soll&Lunghard,Certified Public Accountants,7200 S.Greenleaf Ave.,Ste 280 MEMBER MEMBER CITY Joseph C.Ciraulo Whittier STATE 90 6002 2 Ca. 90602 MEMBER MEMBER SIGNATURE OF EXECUTIVE DIRECTOR DATE Robert G.Margett MEMBER MEMBER NAME TITLE Robert C.Harbicht Donald R.Duckworth Executive Director 1B ER MEMBER FIRM NAME INDEPENDENT AUDITOR e) n lis A.ri-1 AGENCY OFFICIALS Lance,Soll&Lunghard,Certified Public Accountants EXECUTIVE OFFICER PHONE CONTACT PERSON PHONE- (CONTACT PERSON) D`oi ld R.Duckworth (818) 446-4471 Donald L.Parker,CPA,Partner (310)698-6727 FISCOFFICER . PHONE STREET ADDRESS Jafl s Dale (818) 446-4471 7200 S.Greenleaf Avenue,Suite 280 I 1 SECR TARY PHONE CITY STATE ZIP CODE ane D.Alford (818) 446-4471 _ Whittier Ca. 90602 44/FA 80(REV 7/89) ANNUAL REPORT OF FINANCIAL TRANSACTIONS OF COMMUNITY REDEVELOPMENT AGENCIES PAGE I 0 I ,2 I ACHIEVEMENT INFORMATION (UNAUDITED) FISCAL YEAR ENDED June 30,1992 AGENCY NAME ARCADIA REDEVELOPMENT AGENCY INDICATE ONLY THOSE ACHIEVEMENTS COMPLETED DURING THE FISCAL YEAR OF THIS REPORT AS A DIRECT RESULT OF THE ACTIVITIES OF THE REDEVELOPMENT AGENCY. ENTER THE AMOUNT OF SQUARE SQUARE FOOTAGE COMPLETED PLEASE PROVIDE A DESCRIPTION OF THE AGENCY'S ACTIVITIES/ FOOTAGE COMPLETED THIS YEAR ACCOMPLISHMENTS DURING TIIE PAST YEAR. USE ADDITIONAL FORMS BY BUILIDNG TYPE AND l A B AS NEEDED. SEGREGATED BY NEW OR NEW PLEASE BE SPECIFIC,AS THIS INFORMATION WILL BE THE BASIS REHABILITATED CONSTRUCTION. CONSTRUCTION REHABILITATED FOR POSSIBLE INCLUSION IN THE PUBLICATION. COMMERCIAL BUILDINGS 1 3,223 Please see Exhibit I INDUSTRIAL BUILDINGS 2 0 PUBLIC BUILDINGS 3 0 OTHER BUILDINGS 4 0 TOTAL SQUARE FOOTAGE 5 3, 223 ENTER THE NUMBER OF J OBS CREAT ED FROM THE ACTIVITIES 1 A r° _ OF THE AGENCY,EITHER �... ACTUAL OR ESTIMATED 6 10 rrl ENTER THE APPROPRIATE CODES TO T INDICATE EACH A H TYPE OF PUBLIC PU C --=� FA ILITY COMPLETED THIS YEA R. r"°"1 "7 TYPO COMPLETED(A- F ONLY) [7 A=UTILITIES C =LANDSCAPING E=STREETS&ROADS B =RECREATION D =SEWER&STORM F=BUS/TRANSIT CAD LGFA80(7/89) 00 ANNUAL REPORT OF FINANCIAL TRANSACTIONS OF COMMUNITY REDEVELOPMENT AGENCIES Page 0 13 AUDIT INFORMATION I. WAS THE REPORT PREPARED FROM STATE USE ONLY I A AUDITED FINANCIAL DATA? A. © YES B. n NO - AUDIT 1 DID YOU SUBMIT A COPY A. Q YES B. n NO OPINION 2 OF THE AUDIT? COMPLIANCE 3 II. INDICATE FINANCIAL AUDIT OPINION A. X UNQUALIFIED B. QUALIFIED OPINION 4 C. ADVERSE D. DISCLAIMER F. AUDIT INCOMPLETE EXPECTED COMPLETION DATE: IF THE AUDIT OPINION WAS OTHER THAN UNQUALIFIED,STATE BRIEFLY THE REASON GIVEN III. WAS A COMPLIANCE AUDIT PERFORMED IN ACCORDANCE WITH HEALTH&SAFETY V. IF THE COMPLIANCE AUDIT WAS OTHER CODE SECTION 33080.1 AND THE STATE CONTROLLER'S GUIDELINES FOR THAN UNQUALIFIED,LIST BELOW THE CODE SECTION COMPLIANCE AUDITS? WITH WHICH THE AGENCY WAS NOT IN COMPLIANCE. A. © Yes B. No COMPLIANCE AUDIT GUIDE SECTION DID YOU SUBMIT A A. © YES B. n NO COPY OF THE AUDIT? I �+ r g R I II III IV V N. INDICATE COMPLIANCE AUDIT OPINION HEALTH& ® A. in UNQUALIFIED B. n I'OSITIVE/NEGATIVE SAFETY CODE (5) NO EXCEPTIONS (,) (SEE GUIDE- (6) r'i C. n. POSITIVE/NEGATIVE D. n QUALIFIED LINES FOR WITH EXCEPTIONS COMPLIANCE (7) AUDITS FOR F. n ADVERSE F. n DISCLAIMER CODE SEC- (8) C TIONS.) I G. n COMPLIANCE AUDIT EXPECTED COMPLETION DATE (9) INCOMPLETE GOV'T CODE (10) _ Cwt LGFA 80(REV 7/89) BALANCE SHEET AGENCY NAME ARCADIA REDEVELOPMENT AGENCY PAGE I 0 1 4 I Fiscal Year Ended June 30,1992 F— - r1 T- r 5- 57- Fa– CAPITAL DEBT •LOW/MODERATE SPECIAL GENERAL GENERAL ASSETS&OTHER DEBITS PROJECTS SERVICE INCOME HOUSING REVENUE/OTHER LONG-TERM FIXED TOTAL FUNDS FUNDS FUNDS FUNDS DEBT ASSETS T (MEMORANDUM ONLY) E CAS i&IMPR FST CASH _ 1.0 5 _ 1 56 02 1 155 0 6 21 CASH WITH FISCAL AGENT 2.0 378,150 150 _ _ .... .. ... ........ .... 378,150 TAXI INCREMENT EMENT R ECEIVABLE 3 182,190 _ 8 1 2190 ACCOUNTS RECEIVABLE _ ' € ii ...... 4.0 _ ACCRUED INTEREST RECEIVABLE 5.0 • - 15 8 72 _ _ 15,782 2 LOANS RECEIVABLE 6.IV CE 0 _ _ _ CONTRACTS RECEIVAB LE 7.0 - _ LEASE PAYMENTS RECEIVABLE 8.0 - _ UNEARNED FINANCE CHARGE 9.0 - - _ _ _ DUE FROM CAPITAL PROJECTS ECTS FUND 10.0 1 582 _ 1,582 DUE DEBT 2 SERVICE ER ICE F UN D 11.0 3,236 _ 3 DUE FROM LOW/ MODERATE MOD ERATE 3,236 INCOME -HOUSING FUND 12.0 _ E FROM S PF,CIAL REV ENU OTI FUNDS 13 .0 - - - INVESTMENTS 1 .0 - _ OTHER Assr 15.0 m .0 _ INVESTMENi3JAND H ELD FOR R �s�-E 16.0 57 14 000 _ _ _ 5 714 000 ALLOW C FO�t AN DECLINE IN "" ". MgWOMMEiliMMEMEEM H$ VALUE OF LAD RESALE _ N HELD FOR 16.1 FIXED ASSETS:.LAND STRUCTURES PR V M O EME NTS EQUIPMENT 18.0 « :<>:':`"< >`:'?>>':<>`z:>#:<?' : ?<>>' ' €» `«.>'.?<':?`: ;< »'«`>>»' ?':`s':s .� :i23E:E�?E:E:i?�i3:: :`• iS{ifiii sii� . AMOUNT AV - - LE IN [ ` ' 3 < DEBT S RV IC A D 19.0 y " `t �. # > < 3 < 2 . ` ` : E: �: # _ 561922 » ; » > # :: i: : 561922 AMOUNT TO BE PROVIDED FOR NagnMEMiffigaiMOMMMUMMiMMEMEMEM PAYMENT OF LONG- TERM DEBT E T 20.0 `€€f<''>`z:;'<<> r<E>€<in`n> '>'•€<>I'�'' > '':<�' < > '�"'•��>.;::::.:.;:.:.;:;.;:.;:.;::<::::: ....:................................. ........................... - 7,992,795 .........y. 0............ 7,992;795 TOTAL ASSETS&OTHER DEBITS (MUST EQUAL PAGE 04,LINE 40) 21.0 $ 7273 257 $ 577 704 $ $ - $ 8 554 717 $ $ 16 405 678 FA 80(REV 7/89) - - - - - BALANCE SHEET AGENCY NAME ARCADIA REDEVELOPMENT AGENCY PAGE fI 4 Fiscal Year Ended June 30,1992 A B C D MI n In CAPITAL DEBT LOW/MODERATE SPECIAL GENERAL GENERAL LIABILITIES &OTHER CREDITS PROJECTS SERVICE INCOME HOUSING REVENUE/OTHER LONG-TERM FIXED TOTAL FUNDS FUNDS FUNDS FUNDS DEBT ASSETS MEMORANDUM ONLY) ACCOUNTS PAYABLE 22.0 $ 70 2 546 _ _ 1 616 INTEREST PAYABLE 23.0 - $ 2 019 620 ...................... .......... 2 019 620 TAX ANTICIPATION NOTES PAYAB LE 24.0 - - LOANS LE 2_PAYABLE Y 5 .0 - - - OTHER TIES 26.0 - LIABILITIES _ _ DUE TO CAPITAL PROJECTS CTS FUND J 27.0 3 236 _ . ................................. .................................. 3 236 DUE TO T DEBT SERVICE FUND 28.0 1 58 U 582 _ _ 1 582 DUE O LOW /MODERATE LO MODERAT E INCOME FUND 29.0 - DUE TO SPECIAL ............ ..................................... REVENUE/OTHER FUND 3 0. 0 - _ - TAX ALLOCATI ON BONDS PAYABLE 31.0 ....: .....:..............:.:.:::::: : ::.:: : : :::: :::: . : .. ... . - 3 665 000 z< < `?.>> <>>:<::»:»:::>:<: .........:.::::: : : .::. 3 665 000 LEASE REVENUE BO NDS CERTIF 1 CATES OF PARTICIPATION C ATION B PAY ALE _3 2.O ': OTHER LONG-TERM DEBT 33 870 097 .................................... 2 870 097 TOTAL LIABILITIES • OTHER C _ REDITS 34.0 _ 1 652 15 782 8 $ 554 7 $ 17 :<:<:::::: :::: ::<:»»:>:::::: >::»::>::>::>>:<;;::>:::::<:»::»::»>::>::::>::> 8 572 151 E IJ Q UIT I S INVESTMENT IN GENERAL ,_..;....FIXED ASSETS 35.0 i::i:::i:::%%E::'::::::::::::::i:'::i:i::i::?i:i:i:%::i?ii:::•ii'?:':i iii::::i::`•%::::::::::::i::'::::::::::::::::?i:i:i::i::::::i:::::::r::'::::i {:::::::::'%:::::::i:::i:i%::i:::ii::i::: FUND BALANCE RESER V ED 3 60 5718396 _ _ _ 5 8 71 396 ..... FUND BALANCE o ALAN UNRESERVED-DESIGNATED 3 37.0 _ _ 1 553 209 561 9 1 22 ........................................................................... 2 115 131 FUND BALANCE • rri UNRES RV D-UNDESIG ATED 3 8.0 - _ _ TOTAL EQUITIES (M1MU Sf EQUAL PAGE E 05 LINE 5l ) 39.0 $ 605 $ 56 1922 - ................................'''`` $ - $ 7 833 527 TOTAL LIAB.&OTHER CREDITS &E•UITIES 40.0 $ 7,273 257 $ 577 704 $ - $ - $ 8 554 717 $ - $ 16 405 678 , , LG FA 80(REV 7/89) INCOME STATEMENT-CONSOLIDATED AGENCY NAME: ARCADIA REDEVELOPMENT AGENCY PAGE 101 5 Fiscal Year Ended June 30,1992 Ell CAPITAL DEBT LOW/MODERATE SPECIAL PROJECTS SERVICE INCOME HOUSING REVENUE/OTHER TOTAL REVENUES FUNDS FUNDS *FUNDS FUNDS TAX INCREMENT 1.0 $ - $ 2,661,393 $ - $ - $ 2,661,393 SPECIAL SUPPLEMENTAL SUBVENTION 2.0 - 14,808 - - 14,808 PROPERTY ASSESSMENTS 3.0 - - - SALES&USE TAX 4.0 - - TRANSIENT OCCUPANCY TAX 4.1 - - - INTEREST INCOME 5.0 2,358 48,225 - - 50,583 RENTAL INCOME 6.0 2,000 - .. - 2,000 LEASE INCOME 7.0 - - - - SALE OF REAL ESTATE 8.0 - - - GAIN ON LAND HELD FOR RESALE Si - - - FEDERAL GRANTS 9.0 - - GRANTS FROM OTHER AGENCIES 10.0 - - BOND ADMINISTRATIVE FEES 11.0 - - OTHER REVENUES 12.0 21,521 2,000 - - 23,521 TOTAL REVENUES 13.0 $ 25,879 _ $ 2,726,426 $ - $ - $ 2,752,305 EXPENDITURES ADMINISTRATION COSTS 14.0 458,863 2,960 Cs`) - $ 461,823 rn PROFESSIONAL SERVICES 15.0 38,077 - 38,077 - PLANNING,SURVEY&DESIGN 16.0 - - - - REAL ESTATE PURCHASES 17.0 - - - - - EXPENDITURES SUB-TOTAL M (CARRY TO LINE 19) (18.0) $ 496,940 $ 2,960 $ $ - $ 499,900 •In order to ensure consistency,the amounts reported in the Low and Moderate Income Housing Fund should form the basis for the data reported to the Department of Housing and Community Development on Schedules HCD-A and HCD-C. LGFA 80(Rev 5/90) toPbb i INCOME STATEMENT-CONSOLIDATED AGENCY NAME: ARCADIA REDEVELOPMENT AGENCY PAGE 0 El Fiscal Year Ended June 30,1992 - �-- - 1 . FIT • F 1 U I E CAPITAL DEBT LOW/MODERATE SPECIAL EXPENDITURES (CON'T) PROJECTS SERVICE INCOME HOUSING REVENUE/OTHER TOTAL FUNDS FUNDS *FUNDS FUNDS SUB-TOTAL (FROM LINE 18) (19.0) $ 496,940 $ 2,960 $ - $ - $ 499,900 ACQUISITION EXPENSE 20.0 125,598 - - - 125,598 OPERATION OF ACQUIRED PROPERTY 21.0 2,213 - - _ 2,213 RELOCATION COSTS 22.0 7,932 - - - 7,932 RELOCATION PAYMENTS 23.0 10,399 - - - 10,399 SITE CLEARANCE COSTS 24.0 23,700 - - - 23,700 PROJECT IMPROVEMENT/ CONSTRUCTION COSTS 25.0 - - - - - DISPOSAL COSTS 26.0 14,762 - - - 14,762 LOSS ON DISPOSITION OF LAND HELD FOR RESALE 26.1 - - - - - DECLINE IN VALUE OF LAND HELD FOR RESALE 26.2 - - - - - REHABILITATION COSTS 27.0 - - - - - REHABILITATION GRANTS 28.0 - - - _ - INTEREST EXPENSE 29.0 198,382 247,759 - - 446,141 FIXED ASSET ACQUISITIONS 30.0 - - - - - SUBSIDIES TO LOW& MODERATE INCOME HOUSING 31.0 - - - - - DEBT ISSUANCE COSTS 31.1 - - - - - OTHER EXPENDITURES 32.0 - - - - - DF.B.T PRINCIPAL PAYMENTS: —TAX ALLOCATION BONDS&NOTES 33.0 - 60,000 - - 60,000 _ ENUE BONDS&CERTIFICATES PARTICIPATION 34.0 - - - - - CIAT/COUNTY A` VVANCES&LOANS 35.0 2,238,778 2,617,162 - - 4,855,940 d•1.-s:,STATE,&OTHER G-TERM DEBT 36.0 - - - - - TOV+L EXPENDITURES 37.0 $ 3,118,704 $ 2,927,881 $ - $ - $ 6,046,585 r *In order to ensure consistency,the amounts reported in the Low and Moderate Income Housing Fund should form the basis for the data reported to the Department of Housing and Community Development on Schedules HCD-A and HCD-C. LGFA 80(Rev 5/90) W • INCOME STATEMENT-CONSOLIDATED AGENCY NAME: ARCADIA REDEVELOPMENT AGENCY PAGE 0 j 5 Fiscal Year Ended June 30,1992 �-- �,- �- -- FT' FIT I C- TIT I E CAPITAL DEBT LOW/MODERATE SPECIAL EXPENDITURES (CON'T) PROJECTS SERVICE INCOME HOUSING REVENUE/OTHER TOTAL FUNDS FUNDS •FUNDS FUNDS EXCESS (DEFICIENCY) REVENUES OVER(UNDER) EXPENDITURES 38.0 $ (3,092,825) $ (201,455) $ - $ - $ (3,294,280) OTHER FINANCING SOURCES(USES): PROCEEDS OF LONG-TERM DEBT 39.0 - - PROCEEDS OF REFUNDING BONDS 39.1 - - - - - PAYMENT TO REFUNDED BOND ESCROW AGENT 39.2 ( - ) ( - ) ( - ) ( - ) ( - ) ADVANCES FROM CITY/COUNTY 40.0 2,854,322 - - - 2,854,322 SALE OF FIXED ASSETS 41.0 - - - _ - MISCELLANEOUS FINANCING SOURCES(USES) 41.1 42,544 - - - 42,544 OPERATING TRANSFERS IN 42.0 - 284,316 - - 284,316 - TAX INCREMENT TRANSFERS (LOW& OD M HOUSING FUND) 42.1 - OPERATING TRANSFERS OUT 43.0 ( 284,316 ) ( - ) ( - ) ( - ) ( 284,316 ) TAX INCREMENT TRANSFERS OUT (LOW&MOD OUSING FUND) 43 . 1 - TOTAL- OTHER FINANCING SOURCES (USES) 44.0 $ 2,612,550 $ 284,316 $ - $ - $ 2,896,866 EXCESS(DEFICIENCY)OF REVENUES &OTHER FINANCING SOURCES OVER • EXPENDITURES&OTHER FINANCING USES (LINE 38+LINE 44) 45.0 $ (480,275) $ 82,861 $ - $ - $ (397,414) • EQUITY BEGINNING OF PERIOD 46.0 $ 7,751,880 $ 479,061 $ - $ - $ 8,230,941 SDJUSTMENTS: CARIOR PERIOD ADJUSTMENTS 47.0 - - - rro .RESIDUAL EQUITY TRANSFERS 48.0 - - - _ - aTIIER-(EXPLAIN) 49.0 - - - - - (71 50.0 - - - _ - iEQUITY,END OF PERIOD MST EQUAL PAGE 04,LINE 39) 51.0 _ $ 7,271,605 $ 561,922 $ - $ - $ 7,833,527 *In order to ensure consistency,the amounts reported in the Low and Moderate Income Housing Fund should form the basis for the data reported to the Department of Housing and Community Development on Schedules HCD-A and HCD-C. bPl• LGFA 80(Rev 5/90) 441 ANNUAL REPORT OF FINANCIAL TRANSACTIONS PROJECT AREA OF COMMUNITY REDEVELOPMENT AGENCIES COVER SHEET PROJECT AREA REPORT PAGE , 0 1 1 I STATE USE ONLY STATE USE ONLY . PROJECT AREA ID# PLEASE AFFIX LABEL AND CORRECT IF NECESSARY AGENCY AND PROJECT AREA NAME 19023018 ARCADIA REDEVELOPMENT AGENCY Central Redevelopment Project Reviewed 'Cleared PLEASE PROVIDE A BRIEF DESCRIPTION OF THE ACTIVITIES FOR DATE PROJECT AREA WAS ESTABLISHED THIS PROJECT AREA DURING THE REPORTING YEAR. (MM-DD-YY) (1) 12-26-73 MOST RECENT DATE PROJECT AREA WAS AMENDED. (MM-DD-YY) 2 - - MOST RECENT DATE PROJECT AREA Please see Exhibit I I WAS MERGED. For administrative purposes.(MM-DD-YY) 3 - - ESTIMATED COMPLETION DATE (YEAR ONLY) 4 2026 ESTABLISHED LIMIT FOR BONDED INDEBTEDNESS(IF APPLICABLE). HEALTH AND SAFETY CODE SECTION 33334.1. 5 N/A ESTABLISHED LIMIT FOR TAX INCREMENT REVENUES(IF APPLICABLE). HEALTH AND SAFETY CODE SECTION 33333.2 AND 33333.4. 6 $200,000,000 (Y) SIZE OF PROJECT AREA IN ACRES. 7 252 rn PERCENTAGE OF LAND VACANT AT THE INCEPTION OF THE PROJECT AREA. HEALTH AND SAFETY CODE SECTION 33320.1 (XX.X%) 8 1.0 % PERCENTAGE OF LAND DEVELOPED AT THE INCEPTION OF THE PROJECT AREA. 6—) HEALTH AND SAFETY CODE SECTION 33320.1 (XX.X%) 9 99.0 % OBJECTIVES OF THE PROJECT AREA AS SET FORTH IN THE PROJECT 10 _ R,I,C AREA PLAN. R = Residential (ENTER THE APPROPRIATE CODE(S) I = Industrial IN SEQUENCE AS SHOWN). C = Commercial P = Public 0 = Other LGFA-80(7/89) • INCOME STATEMENT AGENCY NAME ARCADIA REDEVELOPMENT AGENCY PAGE I 0 I. 5 Fiscal Year Ended June 30,1992 PROJECT AREA NAME Central Redevelopment Project S 1 �+ riTt r CAPITAL DEBT LOW/MODERATE SPECIAL PROJECTS SERVICE INCOME HOUSING REVENUE/OTHER TOTAL REVENUES FUNDS FUNDS •FUNDS FUNDS TAX INCREMENT 1.0 $ - $ 2,661,393 _ $ - $ - $ 2,661,393 SPECIAL SUPPLEMENTAL SUBVENTION 2.0 - 14,808 - - 14,808 - PROPERTY ASSESSMENTS 3.0 - - - _ - SALES&USE TAX 4.0 - - - - TRANSIENT OCCUPANCY TAX 4.1 INTEREST INCOME 5.0 2,358 48,225 - - 50,583 • RENTAL INCOME 6.0 2,000 _ - - - 2,000 - LEASE INCOME 7.0 - - - - SALE OF REAL ESTATE 8.0 - - - - - GAIN ON LAND HELD FOR RESALE 8.1 - - - - - - FEDERAL GRANTS 9.0 - - - GRANTS FROM OTHER AGENCIES 10.0 - - - BOND ADMINISTRATIVE FEES 11.0 - - - _ - OTHER REVENUES 12.0 21,521 2,000 - - 23,521 TOTAL REVENUES 13.0 $ 25,879 $ 2,726,426 $ - $ - $ 2,752,305 EXPENDITURES I;S 1'ADMINISTRATIONCOSTS 14.0 458,863 2,960 - - $ 461,823 CO rrl PROFESSIONAL SERVICES 15.0 38,077 - - - 38,077 PLANNING,SURVEY&DESIGN 16.0 - - - _ - REAL ESTATE PURCHASES 17.0 - - - - - EXPENDITURES SUB-TOTAL C.) (CARRY TO LINE 19) (18.0) $ 496,940 $ 2,960 $ - $ - fi $ 499,900 •In order to ensure consistency,the amounts reported in the Low and Moderate Income Housing Fund should form the basis for the data reported to the Department of Housing and Community Development on Schedules HCD-A and HCD-C. LGFA 80(Rev 5/90) _ 1415 INCOME STATEMENT AGENCY NAME ARCADIA REDEVELOPMENT AGENCY PAGE 0 I. 5 Fiscal Year Ended June 30,1992 PROJECT AREA NAME Central Central Redevelopment Project � �- 1 T+ I n pm i-1-- • I U CAPITAL DEBT LOW/MODERATE SPECIAL ri- EXPENDITURES (CON'T) PROJECTS SERVICE INCOME HOUSING REVENUE/OTHER TOTAL FUNDS FUNDS *FUNDS FUNDS SUB-TOTAL (FROM LINE 18) (19.0) $ 496,940 $ 2,960 $ - $ - $ 499,900 ACQUISITION EXPENSE 20.0 125,598 - - - 125,598 OPERATION OF ACQUIRED PROPERTY 21.0 2,213 - - - 2,213 RELOCATION COSTS 22.0 7,932 - - - 7,932 RELOCATION PAYMENTS 23.0 10,399 - - - 10,399 SITE CLEARANCE COSTS 24.0 • 23,700 - - - 23,700 PROJECT IMPROVEMENT/ CONSTRUCTION COSTS 25.0 - - - - - DISPOSAL COSTS 26.0 14,762 - - - 14,762 LOSS ON DISPOSITION OF LAND HELD FOR RESALE 26.1 - - - - DECLINE IN VALUE OF LAND HELD FOR RESALE 26.2 - - _ - - REHABILITATION COSTS 27.0 - - - - - REHABILITATION GRANTS 28.0 - - - - - INTEREST EXPENSE 29.0 178,346 - 247,759 - - 426,105 FIXED ASSET ACQUISITIONS 30.0 - - - - - SUBSIDIES TO LOW& MODERATE INCOME HOUSING 31.0 - - - - - DEBT ISSUANCE COSTS 31.1 - - - - - r°- �OTHER EXPENDITURES 32.0 - - - - - EBT PRINCIPAL PAYMENTS: TAX ALLOCATION BONDS&NOTES 33.0 60,000 - - 60,000 REVENUE BONDS&CERTIFICATES ® OF PARTICIPATION 34.0 - - _ - - C1TY/COUNTY ▪ ADVANCES&LOANS 35.0 2,238,778 2,617,162 4,855,940 • U.S.,STATE,&OT11ER LONG-TERM DEBT 36.0 - - - - - COTAL EXPENDITURES _ 37.0 _ $ 3,098,668 $ 2,927,881 $ - $ - $ 6,026,549 *In order to ensure consistency,the amounts reported in the Low and Moderate Income Housing Fund should form the basis for the data reported to the Department of Housing and Community Development on Schedules HCD A and HCD-C. bpi.LGFA 80(Rev 5/90) INCOME STATEMENT AGENCY NAME ARCADIA REDEVELOPMENT AGENCY PAGE 0 I -5 Fiscal Year Ended June 30,1992 PROJECT AREA NAMES Central Redevelopment Project �— �— �-- 1 i+ L Et I C FIT I n CAPITAL DEBT LOW/MODERATE SPECIAL EXPENDITURES (CON'T) PROJECTS SERVICE INCOME HOUSING REVENUE/OTHER TOTAL FUNDS FUNDS •FUNDS FUNDS EXCESS (DEFICIENCY)REVENUES OVER (UNDER) EXPENDITURES 38.0 $ (3,072,789) $ (201,455) $ - $ - $ (3,274,244) OTHER FINANCING SOURCES(USES): PROCEEDS OF LONG-TERM DEBT 39.0 - - - - - PROCEEDS OF REFUNDING BONDS 39.1 - - - - - PAYMENT TO REFUNDED BOND ESCROW AGENT 39.2 ( - ) ( - ) ( - ) ( - ) ( - ) ADVANCES FROM CITY/COUNTY 40.0 2,834,286 - - - 2,834,286 SALE OF FIXED ASSETS 41.0 - - - - _ MISCELLANEOUS FINANCING SOURCES(USES) 41.1 42,544 - - - 42,544 OPERATING TRANSFERS IN 42.0 - 284,316 - - 284,316 TAX INCREMENT TRANSFERS IN LO W& MOD IIOUSI G FUND)UND 42.1 -1 OPERATING TRANSFERS OUT 43.0 ( 284,316 ) j - ) ( - ( - ) ( 284,316 ) TAX INCREMENT TRANSFERS OUT (LOW&MO D HOUSING ND 43.1 ( _ ( _ ) 222''nisi[ >?ty'' i2iiiE``''%ii? TOTAL- OTHER FINANCING SOURCES (USES) 44.0 $ 2,592,514 $ 284,316 $ - $ - $ 2,876,830 EXCESS(DEFICIENCY)OF REVENUES &OTHER FINANCING SOURCES OVER EXPENDITURES&OTHER FINANCING USES (LINE 38+LINE 44) 45.0 $ (480,275) $ 82,861 $ - $ - $ (397,414) EQUITY BEGINNING OF PERIOD 46.0 7,751,880 479,061 - $ - $ 8,230,941 ciDJUSTMENTS: ET,PRIOR PERIOD ADJUSTMENTS. 47.0 - - - - _ rri RESIDUAL EQUITY TRANSFERS 48.0 - - - - - :7-OTHER-(EXPLAIN) 49.0 - - - - - - .s-o 50.0 - - - - - 1.EIUITY,END OF PERIOD ,M„ST EQUAL PAGE 04,LINE 39) 51.0 $ 7,271,605 $ 561,922 $ - $ - $ 7,833,527 •In order to ensure consistency,the amounts reported in the Low and Moderate Income Housing Fund should form the basis for the data alit reported to the Department of Housing and Community Development on Schedules HCD-A and HCD-C. LGFA 80(Rev 5/90) CO AGENCY LONG-TERM DEBT SCHEDULE A-RP TAX ALLOCATION BONDS, REVENUE BONDS AND CERTIFICATES OF PARTICIPATION PAGE 1 OF 1 AGENCY NAME ARCADIA REDEVELOPMENT AGENCY Fiscal Year Ended June 30,1992 PROJECT AREA Central Redevelopment Project Use a separate column for listing each bond authorization not fully retired. Use additional pages as necessary. I I I CODING BOXES FOR CONTROLLER'S USE ONLY INDICATE TYPE OF DEBT:TAX ALLOCATION Tax Allocation BOND,REVENUE BOND OR CERTIFICATE Refunding TOTAL OF PARTICIPATION Bonds YEAR OF AUTHORIZATION 1.0 1989 PRINCIPAL AMOUNT AUTHORIZED 1.1 $ 3,780,000 $ - $ - $ - $ 3,780,000 PRINCIPAL AMOUNT UNISSUED 1.2 - - - - - PRINCIPAL AMOUNT UNMATURED- BEGINNING OF FISCAL YEAR 2.0 3,725,000 - - - 3,725,000 ADJUSTMENTS MADE DURING YEAR (EXPLAIN) 3.0 - - - - - PRINCIPAL AMOUNT ISSUED DURING FISCAL YEAR 4.0 - - - _ - PRINCIPAL AMOUNT MATURED DURING FISCAL YEAR 5.0 ( 60,000 ) ( - ) ( - ) ( - ) ( 60,000 ) PRINGIPAL AMOUNT DEFEASED DURING FISCAL YEAR 5.1 ( - ) ( - ) ( - ) ( - ) ( - ) PRINCIPAL AMOUNT UNMATURED- END OF FISCAL YEAR 6.0 3,665,000 - - - 3,665,000 - PRINCIPAL AMOUNT IN DEFAULT 6.1 - - - - INTEREST IN DEFAULT 6.2 -• - - C°J REVENUES PLEDGED AS ADDITIONAL SECURITY EXTENT E Ti PURPOSE OF DEBT BY AUTHORIZATION (SPECIFY NATURE OF REVENUE) PLEDGED To refund Tax Allocation Notes, Issue of 1986. All tax increment of project area. 100 % $.e7' I-n i� % % alt.GFA 80(REV.7/89) OTHER LONG-TERM INDEBTEDNESS SCHEDULE B-RP Agency Name: ARCADIA REDEVELOPMENT AGENCY Fiscal Year Ended June 30,1992 Project Area: Central Redevelopment Project USE A SEPARATE COLUMN FOR LISTING EACH BOND AUTHORIZATION NOT FULL RETIRED. USE ADDITIONAL PAGES AS NECESSARY. I1 6 I1 7 I1 8 I1 9 A A A A OTHER LONG TERM INDEBTEDNESS (1.0) CITY/COUNTY STATE U.S. OTHER TOTAL PRINCIPAL AMOUNT UNMATURED- BEGINNING OF FISCAL YEAR 2.0 $ 6,911,371 $ - $ - $ 1,899 $ 6,913,270 ADJUSTMENTS MADE DURING YEAR (EXPLAIN) Remove employee benefits 3.0 - - - (1,899) (1,899) INTEREST ADDED TO PRINCIPAL 3.1 178,346 - - - 178,346 PRINCIPAL AMOUNT RECEIVED DURING FISCAL YEAR 4.0 2,655,940 - - - 2,655,940 PRINCIPAL AMOUNT MATURED cf) DURING FISCAL YEAR 5.0 ( 4,855,940 ) ( - ) ( - ) S - ) ( 4,855,940 ) lam'I PRINCIPAL AMOUNT UNMATURED- I ®.. END OF FISCAL YEAR 6.0 $ 4,889,717 $ - $ _ $ $ 4,889,717 CD rn CJ LGFA 80(REV.7/89) ASSESSED VALUATIONS -AND -TAX INCREMENT REVENUES SCHEDULE D-RP Agency Name: ARCADIA REDEVELOPMENT AGENCY PAGE 3 1 1 Fiscal Year Ended June 30,1992 Project Area: Central Redevelopment Project ASSESSED VALUATION DATA Tr TT' SECURED UNSECURED TOTAL _ FROZEN BASE ASSESSED VALUATION 1.0 $ - $ _ $ - This information is not available from the County of-Los Angeles INCREMENT ASSESSED VALUATION 2.0 - TOTAL ASSESSED VALUATION 3.0 $ - L$ - I$ - TAX INCREMENT REVENUES TT TIT F-5---C AMOUNTS PAID TO TAXING AGENCIES HEALTH&SAFETY CODE HEALTH&SAFETY CODE PURSUANT TO: SECTION 33401 SECTION 33676 TOTAL COUNTY 4.0 $ - $ - $ - CITIES 5.0 - - - This information Is not available from the County of-Los Angeles - SCHOOL DISTRICTS 6.0 - - COMMUNITY COLLEGE DISTRICTS 7.0 - - SPECIAL DISTRICTGS 8.0 - - - C10 rn ALL OTHER AGENCIES 9.0 - - - TOTAL PAID TO TAXING AGENCIES 10.0 $ - $ - $ - TAX INCREMENT V MENT A A ILABLE E' ; �s< � � E `#� %" ` # : ` ':` E<E:FOR R EDE V ELOPM ENT PURP OSES 11.0 :?; r`? :��2<` ' ' ' :; ' � � ?`` ? �' ? E '`:�>` ? #??''?``E : � : $ 2,661,393 � � ' ` ': � ` ' �� ' s` '•>'y � TOTAL TAX 120 `` :"sirs # > # #``':` �' ": .���:�:`' :?3��'. �� [: ' ��':�''�� :` r ' �;�:' :>:$ 2,661,393 l PG 'A 80(7/89) CJ1 Exhibit I ARCADIA REDEVELOPMENT AGENCY GENERAL ACTIVITIES FY 1991-92 1. Processed building permit applications through the Agency's design review process. 2. In accordance with AB 265, adopted Arcadia Redevelopment Agency Resolution No. ARA-169, which states that the Agency is unable to set aside 20% or less for low-mod housing due to the Agency's existing obligations, programs, projects and activities. 3 . Conducted public relations activities with developers and the general public. Conducted a commercial space availability survey and provided the results of the survey to the public. 4. Prepared agendas, meeting set-up, minutes, correspondence, staff reports and other materials for the Parking Place Commission. 5. Acquired property. 6. Sought development proposals for approved projects. LASEn 52 Exhibit II ARCADIA REDEVELOPMENT AGENCY PROJECT SPECIFIC ACTIVITIES FOR THE CENTRAL REDEVELOPMENT PROJECT JULY 1, 1991 THROUGH JUNE 30, 1992 1. NORTHSIDE PROJECT Drew down $30, 000 in Chandler Group funds held in escrow as negotiated time extension payments concerning the Parcel D development. The Agency was notified in March, 1992 that Chandler filed for Chapter 11 protection in United States Bankruptcy Court. Subsequent to the bankruptcy filing, Agency staff has been working with Chandler and Western Security Bank (Chandler's lender on the land loan) to resolve the rights and responsibilities of each of the parties. Parcel E development rights continue to be held by Emkay Development Company. Emkay is required under the DDA to complete construction of 48, 000 square feet of professional office space prior to July 2, 1993 . While Emkay continues to market the property, it is unlikely they will be able to comply with the terms of the DDA. Agency staff will continue to work with Emkay during FY 1992-93 . 2. SOUTHWEST CORNER PROJECT During the reporting year, Agency staff finalized a DDA with Acron/Schaefer Brothers (A/SB) , completed the necessary environmental assessment (traffic Study) and reuse appraisal for the Southwest Corner Project. However, due to market conditions (inability to obtain financing) A/SB was unable to proceed with the project as planned. After studying alternative development configurations and finding them unworkable, the Agency allowed the ERN with A/SB to lapse and returned their Good Faith Deposit (LOC) . The Agency continues to market the site to the development community as an office/retail site. Subsequent to the end of this reporting period (June 30, 1992) the Agency entered into an exclusive marketing agreement with Hayes and Co. (a commercial real estate broker) concerning this and the Northwest Corner Project. 3. NORTHWEST CORNER PROJECT During the reporting year, the Agency marketed the Northwest Corner Site to the development community. An ad campaign was run in local and regional publications and a mass mailing was done. Staff responded to public inquiries concerning the site. LASER IMAGED 53 PROJECT SPECIFIC ACTIVITIES (CONT. ) Page 2 The Agency continues to market the site to the development community as an office/retail site. Subsequent to the end of this reporting period (June 30, 1992) the Agency entered into an exclusive marketing agreement with Hayes and Co. (a commercial real estate broker) concerning this and the Southwest Corner Project. 4. SWC FIRST AND ST. JOSEPH This site may become part of a future light rail transit station and as such, the Agency acquired this property. The Agency continues to study the area immediately surrounding this property and may elect to acquire additional acreage in an effort to assemble a more attractive transit station or redevelopment site. 5. KBC PROJECT Pursuant to a 1991 DDA, the developer continued construction of a 3 ,223 square foot professional office building which will be used as the developer's construction business headquarters. Subsequent to the end of this reporting period, (June 30, 1992) , the Agency issued a Certificate of Completion for this project. LASER IMAGED 54 SUPPLEMENTAL TO THE ANNUAL REPORT OF COMMUNITY REDEVELOPMENT AGENCIES 94,4,36,04 �PC'.9ai� • et'ea ‘o°n)8.vr 69cE.uc f' qi ' eelesZ Aziewe' o d ‘ .PivE �D. dox Go dee51ai" a, 2/'41 The U.S. Bureau of the Census requests the following information about the fiscal activities of your government for the year ended June 30, 1992 . Governments furnishing this information will no longer receive Census Bureau Form F-32, Survey of Local Government Finances. If you have any questions please contact Marion Paddy at the Census Bureau 1-800-242-4523. 4. PERSONNEL EXPENDITURES teport your government's total expenditure for salaries and wages during the year, including amounts paid on force account :onstruction projects. ZOO $ /4/0Z 3. MORTGAGE REVENUE BOND INTEREST PAYMENTS ndicate the amount of interest paid on mortgage revenue bonds during the year. U2 $ ,off CASH AND INVEESTMENTS HELD AT THE END OF THE FISCAL YEAR port separately for each of the three types of funds listed below, the total cash on hand and on deposit and investments 1 Federal government, Federal agency, State and local government and non-governmental securities. Report all investments t par value. Include in the sinking fund total any mortgages and notes receivable held as offsets to housing and industrial inancing loans. Exclude accounts receivable, value of real property and non-security assets. . Sinking funds - Reserves held for redemption Wg1 of long term debt. $ 378;44° ▪ Bond funds - Unexpended proceeds from sale of bond W31 issues held pending disbursement. AJDAig . All other funds - Exclude employee retirement funds. W61 $ l%cs4/7/ LASER i�MAED • 55 SCHEDULE HCD - A REPORT FOR FISCAL YEAR ENDING ON 6 / 30 /92 AGENCY NAME AND ADDRESS COUNTY OF JURISDICTION: Arcadia Redevelopment Agency 240 W. Huntington Dr. Los Angeles Arcadia, CA 91007 Dale R. Connors (818) 574-5409 Name Of Person Preparing Report Telephone Number of Preparer NUMBER OF ACTIVE PROJECT AREAS ADMINISTERED BY THIS AGENCY: 1 NOTE: IF AGENCY OPERATES MORE THAN ONE PROJECT AREA. COMPLETE ABOVE PORTION OF THIS FORM. THEN MAKE ENOUGH COPIES OF PAGES 1 THROUGH 5 TO PROVIDE A SEPARATE SCHEDULE HCD-A REPORTING FORM FOR EACH PROJECT AREA, HCD's reporting mandate, contained in Health and Safety Code Section 33080.6, refers to Sections . 33080.1, 33334.2, 33413, and 33488. Questions 1 through 6 address the mandates in Sections 33080.1 and 33334.2. 1. Project Name: Central If new, give year adopted: 2. Year(s) Merged: N/A , Year(s) areas were added or removed: 3. Percentage of project's tax increments set aside for housing and deposited in the L&M Fund: (Show exact % if possible; otherwise show 0, 20%, less than 20%, or more than 20%.) 0 4. If set-aside is being deferred, or is less than 20% of the total tax increments allocated to the entire project, when were the necessary findings adopted? (Show month/day/year) : 6 / 2 92 5. The Health and Safety Code authorizes types of findings which can be made to exempt a project from the set-aside requirement. Indicate type(s) of findings adopted by checking appropriate Health and Safety Code Section designation(s) : [ ] Section 33334.2 (a) (1) (No need in community to increase/improve supply of low/moderate-income housing. ) [ ] Section 33334.2(a) (2) (Less than 20% set-aside is sufficient to meet the need. ) [ ] Section 33334.2 (a) (3) (Community is making substantial effort equivalent in value to 20% set-aside. ) [ X ] Section 33334.6(d) (Project was adopted prior to 1977 and tax increments are needed to meet existing debts. ) [ X ] Section 33334.6(e) (Project was adopted prior to 1977 and tax increments are needed for timely completion of projects to which agency was committed prior to 1986. ) LASER IMAGED • 56 Attachment No 2 • 6. Deferred set-asides pursuant to Section 33334.6(d) or (e) constitute an indebtedness to the L&M Fund equal to the amount being deferred. What is the amount of the indebtedness resulting from the deferral of all or a portion of the set-aside during this reporting period? 6A: $ 532, 279 Section 33334.6(g) specifies that indebtedness due to deferrals authorized in Sections 33334.6(d) or 33334.6(e) is cumulative, retroactive to fiscal year 1985-86. Indicate the cumulative total indebtedness for this project area (including the amount reported in item 6A, above) . 6B: $ 2,218, 500 . Section 33334.6(g) requires any agency which defers set-asides to adopt a plan to eliminate the deficit in subsequent years. If this agency has deferred set-asides, has it adopted such a plan? 6C: Yes [ X ] No [ ] . If yes, by what date is the deficit to be eliminated? 6D: 6/ 2 / 92 7. In agency's annual report to its legislative body (required in Section 33080.1. ) Section 33080.5 specifies fiscal information to be included. The following questions address that portion of the reporting mandate: If Item 3, above, indicates agency is setting aside tax increments and no figure is entered in Item 7A, below, please indicate the reason for that inconsistency: [ ] Project has not yet generated tax increments. [ ] Tax increments are used to pay debt service on debt proceeds added to L&M Fund. [ ] Other (explain) : The following questions relate to this project area only and the actual (not deferred) revenues it has contributed to the agency's L&M Fund. Do not include interest. Interest will be shown on SCHEDULE HCD-C. Any income related to agency-assisted housing located outside project areas should be reported as "Other Revenues Added" (Item 7C, below) for the project named as beneficiary in the authorizing resolution. A. Tax Increments Added: $ 0 B. Debt Proceeds Added (include bond proceeds) : $ 0 C. Other Revenues Added (excluding interest) : $ 0 D. A+B+C = Total Revenues Added (excluding interest) : $ 0 2 1 • ' 8. pursuant to Sections 33080.4 (a) (1) and (a) (3) , complete the chart below to report the number of dwelling units destroyed or removed from this project area as a result of redevelopment activities during the fiscal year; the number of those units the agency is not required to replace; and the type and income category of households displaced from the project area during the fiscal year. Household Total No. Income/Type Total Units Lost Income Households Households Units not Required and Type Displaced Displaced Lost to be Replaced Very Low 0 0 0 Elderly Family (non-elderly) Other (not family/ not elderly) Low 0 0 0 Elderly Family (non-elderly Other (not family/ not elderly) Moderate 0 0 0 Elderly Family (non-elderly) Other (not family/ not elderly) Above Mod 0 0 0 Elderly Family (non-elderly) Other (not family/ not elderly) 9. As required in Section 33080.4(a) (2) , estimate the type and number of households, by income category, to be displaced from this project area during the next reporting period: Subtotal for Subtotal for Total Units Elderly Households Other Households Very Low 0 Low • 0 Moderate 0 Above Mod 0 10. Sections 33413 (d) and 33413.5 specify that project areas adopted or amended to add areas after 1975 are required to adopt replacement housing plans at least 30 days prior to entering certain agreements affecting properties from which low- and moderate-income dwelling units will be removed. Other project areas MAY adopt such plans. If the agency adopted a replacement housing plan, report the date it was adopted: 3 LASER i NI -_ • 57 11. pursuant to Section 33080.4 (a) (4) and (a) (5) , complete the following chart to report aaencv-assisted units with occupancy restrictions based on household type or income level. It asks for information on units located in this project area, or located outside redevelopment areas for the benefit of this project area. (Under redevelopment law, "elderly household" means one in which the head of the household is 60 years of age or older, or handicapped, as specified in Section 50067.) NOTE: Report units built or rehabilitated only if the work was completed during the reporting period. Income Rehabbed with Built with Receiving Acquired Level Agency Help Agency Help Subsidies by Agency Total Very Low 0 0 0 0 For Elderly For Other Total Low 0 0 0 0 For Elderly For other Moderate 0 0 0 0 For Elderly For Other Above Moderate 0 0 0 0 For Elderly For Other 12. Indicate how many of the units listed in item 11 are replacements for units removed through redevelopment activities, as required in Section 33080.4(a) (4) : Income Built with Rehabbed with Receiving Acquired t Level Agency Help Agency Help Subsidies by Agency Total Very Low 0 0 0 0 Subtotal (elderly). Subtotal (Other) Total Low 0 0 0 0 Subtotal (elderly) Subtotal (Other) Total Moderate 0 0 0 0 Subtotal (elderly) Subtotal (Other) 13. The attached housing inventory report sheets (pages 5 and 6) are required by Health and Safety Code Sections 33080.4(a) (7) and 33418. Please provide information for all housing units in a redevelopment project area which have occupancy or affordability restrictions imposed by agreements or recorded conditions, covenants, and restrictions. (Use a separate copy of pages 6 and 7 for each project area.) NOTE: In the column headed "Units Occupied by Ineligible Households," enter the number of units with occupancy or affordability restrictions which were occupied by households not meeting the criteria for occupancy imposed by the CC&Rs or agreements. 4 THE REDEVELOPMENT AGENCY SHOULD RETAIN A COPY OF THIS SECTION AFTER IT HAS BEEN COMPLETED AND ESTABLISH A PROCEDURE FOR UPDATING 2 IT FOR SUBMISSION IN FUTURE REPORTS. r Redevelopment Agency Arcadia Redevelopment Agency COUNTY: Los Angeles SCHEDULE HCD-A (Continued) for the Central Redevelopment Project (Information Compiled Pursuant to Health and Safety Code Section 33418) •INVENTORY OF RENTAL HOUSING UNITS IN THIS PROJECT AREA WITH RESTRICTIONS ON OCCUPANCY/AFFORDABILITY IMPOSED BY RECORDED AGREEMENTS OR CONDITIONS, COVENANTS, AND RESTRICTIONS Project Name/ Owner Name/ Total No. Reserved for Restricted by Units Occupied Subsidy Earliest Address: • Address: Units in Elderly Income Only by Ineligible Sources Affordability (IF AGENCY DEVELOPED Project VLO LOW MOD OTH VLO LOW MOD Households • Used Termination PROJECT, CIRCLE NAME) VLO LOW MOD ELDERLY Date NOT APPLICABLE • C,) rn � 9 u) m CD NOTE: .This sheet is to contain information only for RENTAL units. Under SOURCES OF SUBSIDIES, use the following codes to identify sources: RDA ■ Redevelopment agency provided financing DB = City provided density bonus FmHA, followed by program number = Farmers Home Administration. financing CDBG = Federal CDBG financing HUD, followed by appropriate program number = HUD construction or rehab financing UDAG = Federal Urban Development Grant HCD = State Department of Housing and Community Development financing MRB = Local Mortgage Revenue Bond financing e HFA = California Housing and Finance Agency financing g TAXC A Federal Tax Credits IV. Private sources (i.e, foundation grants, corporate contributions, etc.) OTH = Any other source (explain with note) Use "HUD V" or "HUD-C" to indicate units subsidized through federal Section 8 vouchers or certificiates. . 5 :. THE REDEVELOPMENT AGENCY SHOULD RETAIN A COPY OF THIS SECTION AFTER IT HAS BEEN COMPLETED AND ESTABLISH A PROCEDURE FOR UPDATING IT FOR SUBMISSION IN FUTURE REPORTS. • Redevelopment Agency Arcadia Redevelopment Agency COUNTY: Los Angeles SCHEDULE HCD-A (Continued) for the Central Redevelopment Project (Information Compiled Pursuant to Health and Safety Code Section 33418) INVENTORY OF OWNER-OCCUPIED HOUSING UNITS IN THIS PROJECT AREA WITH RESTRICTIONS ON OCCUPANCY/AFFORDABILITY IMPOSED BY RECORDED AGREEMENTS OR CONDITIONS, COVENANTS, AND RESTRICTIONS Project Name/ Owner Name/ Total No. Reserved for Restricted by Units Occupied Subsidy Earliest Address: Address: Units in Elderly Income Only by Ineligible Sources Affordability (IF°AGENCY DEVELOPED Project VLO LOW MOD OTH VLO LOW MOD Households Used Termination PROJECT, CIRCLE NAME) VLO .LOW MOD ELDERLY Date NOT APPLICABLE • NOTE: This sheet is to contain information only for OWNER-OCCUPIED units. Under SOURCES OF SUBSIDIES, use the following codes to identify sources: RDA = Redevelopment agency provided financing DB = City provided density bonus FmHA, followed by program number - Farmers Home Administration financing CDBG = Federal CDBG financing HUD, followed by appropriate program number = HUD construction or rehab financing UDAG = Federal Urban Development Grant HCD = State Department of Housing and Community Development financing MRS = Local Mortgage Revenue Bond financing CHFA = California Housing and Finance Agency financing TAXC = Federal Tax Credits PRIV. = Private sources (i.e. foundation grants. corporate contrihutinnc_ 1.1-0_ 1 i i ry SCHEDULE HCD - B (ONLY ONE COPY NEEDED PER AGENCY) Arcadia REPORT FOR FY ENDING ON 6/30 1992 NAME OF REDEVELOPMENT AGENCY Section 33080.4 requires redevelopment agencies to report on all their housing activities. Section 33334.2(g) authorizes the use of Low and Moderate Income Housing Funds in areas outside adopted redevelopment project areas to assist housing affordable and available to very low, low-, and moderate-income households. Report here on the housing and households affected only by redevelopment housing activities conducted outside adopted project areas. 1. How many households at each of the following income levels were displaced from areas outside adopted redevelopment project areas during the reporting period as a result of redevelopment activities? 0 Very Low 0 Low 0 Moderate 0 Above Moderate 2. How many units in each of the following affordability categories were destroyed or removed from the market in areas outside of adopted redevelopment project areas during the reporting period as a result of redevelopment activities? 0 Very Low 0 Low 0 Moderate 0 Above Moderate 3. How many agency assisted units affordable to households at each of the following income levels were constructed in areas outside adopted redevelopment project areas during the reporting period? (Count only those units which were completed during this reporting period. ) 0 very Low 0 Low 0 Moderate 0 Above Moderate 4. How many units for households at each of the following income levels were rehabilitated with agency assistance in areas outside of adopted redevelopment project areas during the reporting period? (Count only those units on which the work was completed during this reporting period. ) 0 Very Low 0 Low 0 Moderate 0 Above Moderate 5. How many agency assisted units outside of adopted redevelopment project areas, affordable to each of the following income levels, were receiving subsidies during the reporting period? 0 very Low 0 Low 0 Moderate 0 Above Moderate 6. If the agency acquired any units of housing in areas outside of adopted redevelopment project- areas during the reporting period, please indicate how many for each of the following household income levels: 0 Very Low 0 Low 0 Moderate 0 Above Moderate 7. If the agency anticipates displacing any households from areas that are not in adopted redevelopment project areas, please indicate the number of households in each income category: 0 Very Low 0 Low 0 Moderate 0 Above Moderate Use space below to further explain housing activities outside project areas. LASER IMAGED 7 59 \ Y Y 4 ACHIEVEMENTS NARRATIVE Please help us publicize the housing accomplishments of your agency. Describe here your agency's outstanding housing projects, cooperative or partnership financing or development arrangements, or other innovative practices, used to increase or improve the affordable housing stock. Feel free to include additional material if the space here is insufficient. Name of Project/Program: Description (No. of units, resident incomes, structure type, services provided, address of structure, financial details, etc. ) : Brief History (successful aspects, unusual features, lessons learned, problems encountered, etc.) : What additional training, information, authority, or other resources would help your agency more quickly and effectively use its Low and Moderate Income Housing (L&M) funds to increase, improve, and preserve affordable housing? 8 • SCHEDULE HCD - C Arcadia Los Angeles NAME OF REDEVELOPMENT AGENCY COUNTY IN WHICH LOCATED REPORT FOR FY ENDING ON 6/30 1992 Dale R. Connors (818) 574-5409 NAME OF PERSON PREPARING REPORT PREPARER'S TELEPHONE NUMBER Section 33080.6 requires HCD to report on the "status and use of the agency's Low and Moderate Income Housing Fund," including information developed to comply with Section 33080.4(a) (6) and (a) (8) related to its use for onsite/offsite improvements and for planning and administrative costs. STATUS OF LOW AND MODERATE INCOME HOUSING FUND INFORMATION SHOULD BE BASED ON THAT REPORTED TO STATE CONTROLLER. SUBMIT ONLY ONE COPY OF THIS SHEET, REGARDLESS OF NUMBER OF PROJECT AREAS ADMINISTERED BY THE REPORTING AGENCY 1. Beginning Balance: $ 0 NOTE: IF BEGINNING BALANCE IS NOT THE SAME AS TOTAL ENDING BALANCE REPORTED FOR LAST FISCAL YEAR, INDICATE REASON: [ ] Auditor's. adjustment(or prior period adjustment) [ ] Correction of error in agency's calculations of past expenditures [ ] Correction of past miscalculation of tax increments received [ ] correction of HCD's error in prior report 2. Total revenues added during the reporting period: $ 0 (Total of amounts on line D of all SCHEDULE HCD-A forms submitted) 3. Interest added during the reporting period: $ U 4. Total expenditures during reporting period: $ 0 a. Amount of total in item 4, above, representing 0 expenditures for onsite/offsite improvements: $ b. Number of very low-, low-, and moderate-income households directly benefitted by expenditures 0 for onsite/offsite improvements (4 a. above) : c. Amount of total in Item 4, above, representing expenditures for planning and administrative costs 0 as defined in Section 33334.3(d) and (e) : $ 5. Balance at end of reporting period: $ 0 a. Amount included in item 5, above, representing. 0 accounts receivable: .$ b. Amount of balance shown in Item 5, above, representing commitments made by the agency through written agreements or contracts for which payment has not yet been made: $ c. Amount included in item 5, above, representing funds reserved for special purposes which prohibit their use in the immediate future: $ 0 Purpose for which reserved: d. Amount included in Item 5, above, representing the value of land held for development of housing for low- and moderate-income households: $ LASER IMAGED 9 60 12. Number of housing units affordable for each of the following household income levels assisted by expenditures from the UM fund during the reporting period: (Newly constructed or rehabilitated units should be reported only in the year in which they are completed. They may be included here as well as in other sections of the report.) 0 Very Low 0 Low 0 Moderate Above Moderate 13. Agencies with an identified "excess surplus" (as defined in Health and Safety Code Section 33334.12) are required, pursuant to Health and Safety Code Section 33080.7, to report the amount to HCD. If your agency had an "excess surplus" in the L&M Fund at the end of the 1991-92 fiscal year, please report the amount of the excess here: $ N/A 14. If you reported an excess surplus in item 13, please briefly summarize the agency's plan (authorized in Section 33334.10) for encumbering that amount: 15. If the plan described in item 14, above, was adopted, please report the date of the adoption: / --/ -- Health and Safety Code Section 33334.13 requires agencies which have used the j L&M Fund to assist mortgagors in a homeownership mortgage revenue bond program, or home financing program described in that Section, to provide the following information: 16. Has your agency used the authority related to definitions of income or family size adjustment factors provided in Section 33334.13(a)? Yes [ ] No [ ] Not Applicable [X ] 17. Has the agency complied with requirements in Section 33334.13(b) related to assistance for very low-income households equal to twice that provided for above moderate-income households? Yes [ ] No [ ] Not Applicable [X ] 18. Health and Safety Code Section 50835(b) requires agencies to report the use of non-L&M funds for federal HOME or HOPE program support. Has this agency used any funds in this reporting period for this purpose? Yes [ ] No [X ] Set-aside funds used: HOME HOPE Non-set-aside funds used: HOME HOPE 19. Section 33413(b) (4) requires each agency to adopt a plan to comply with requirements of Health and Safety Code 33413(b) , regarding affordability levels for all new or rehabilitated units developed by the agency and by other public or private entities, by project area. Has this plan been adopted?" Yes [ ] No [ X ] Date of adoption -- /-- I--