Loading...
HomeMy WebLinkAboutJune 18, 2002 v & o a s° Od-z-la PI PI RI staff report karcadia redevelopment agency • DATE: June 18, 2002 TO: Chairman and Agency Board FROM: William R. Kelly, Executive Director Don Penman, Deputy Exe e DirectorR Tracey L. Hause, Treasur ' SUBJECT: Resolution No. ARA-203 Adopting A Budget For Fiscal Year 2002/03, and Approving the City's Investment Policy SUMMARY It is recommended the Arcadia Redevelopment Agency annually consider a budget for the spending year. The recommended actions herein are necessary to implement the budget for the Redevelopment Agency for the 2002-2003 fiscal year. BACKGROUND The document presented for the fiscal years 2002-2003 was distributed to the Redevelopment Agency Board on May 24, 2002. On June 4, 2002, a study session was held to discuss the budget, respond to questions and receive input. DISCUSSION There were no recommendations made for revisions to the budget at the study session. As a result, staff is recommending adoption of the fiscal year 2002-2003 operating budget as presented. Additionally, staff is recommending the Agency Board approve the City's Investment Policy (Attachment "A") as applicable to the Agency. There are no proposed changes to the policy. The Agency's independent auditors have requested formal action on the Investment Policy annually. Since the Agency has historically included the Policy as part of the budget document, action at this time is recommended. RECOMMENDATION It is recommended that the Redevelopment Agency adopt Resolution No. ARA- 203, a Resolution of the Arcadia Redevelopment Agency of the City of Arcadia, California, adopting a budget for the fiscal year 2002-2003 and appropriating the amounts specified therein as expenditures from the funds indicated and approve the City of Arcadia Investment Policy as applicable to the Agency. Approved (L.tf William R. Kelly, Executive Director LASER IMAGED ,v. Act)- • Attachment "A" CITY OF ARCADIA STATEMENT OF INVESTMENT POLICY FY 2002-2003 PURPOSE This statement is intended to provide guidelines for the prudent investment of the City's Funds and outline the policies for maximizing the efficiency of the City's cash management system. The ultimate goal is to enhance the economic status of the City while protecting its funds. OBJECTIVE The City's cash management system is designed to accurately monitor and forecast expenditures and revenues, thus enabling the City to invest funds to the fullest extent possible. The City Treasurer attempts to obtain the highest yield obtainable as long as investments meet the criteria established for safety and liquidity. POLICY A. The City Treasurer operates the City's cash investment under the prudent man rule.* This affords the City a broad spectrum of investment opportunities as long as the investment is deemed prudent and is allowable under current legislation of the State of California and other imposed legal restrictions. B. City investments'may be made in, but not limited to, the following instruments: Certificates of Deposit purchased from banks or savings and loan institutions. Banker Acceptance - Treasury Bill and Notes Government Agency Securities (e.g. Federal National Mortgage Association, Government National Mortgage Association, Federal Farm Credits) Commercial Paper. Repurchase Agreements State Local Agency Investment Funds Passbook Savings Account *The prudent man rule states, in essence, that " in investing property for the benefit of another, a trustee shall exercise the judgment and care, under the circumstances then prevailing, which men of prudence, discretion and intelligence exercise in the management of their own affairs. C. Criteria for selecting investments and the order of priority are: 1. Safety. The safety and risk associated with an investment refers to the potential loss of principal, interest or a combination of these amounts. The City Treasurer only places City funds in those investments that are considered very safe. 2. Liquidity. This refers to the ability to "cash in" at any moment in time with a minimal chance of losing some portion of principal or interest. Liquidity is an important investment quality especially when the need for unexpected funds occurs occasionally. 3. Yield. Yield is the potential dollar earnings an investment can provide, and sometimes is described as the rate of return. D. Safekeeping Securities purchased from broker/dealers shall be held in a third. party safekeeping by the trust department of the bank or other designated third party trustee of the local agency, and shall be under the agency's name and control whenever possible. REPORTING The Treasurer shall render a monthly report to the Administrative Services Director, the City Manager and the City Council within two weeks following the end of the month covered by the report. The report shall provide the following information: A. Breakdown of portfolio by type of investment, showing dollar amount and percent of portfolio invested in each. B. Weighted average maturity and monthly weighted yield of the portfolio. C. Detailed listing of current holdings. 1. Shows book values, market value (with source of valuation) and par value as of the date of the report. 2. Shows coupon or discount rate, yield to maturity and total return. 3. Shows type, issuer, seller. 4. Shows purchase date and maturity date. D. Comparison of projected receipts, and expenditures for the next month and next six months demonstrating the adequacy of projected revenues and proceeds from maturing investments to meet expected expenditures. E. Treasurer's compliance statement. • • QUALIFICATIONS OF FINANCIAL INSTITUTIONS WHICH SELL THE CITY INVESTMENTS The Treasurer will obtain information from qualified financial institutions to determine if the institution makes markets in securities appropriate to the City's needs and can assign qualified sales representatives. The Treasurer will recommend to the Administrative Services Director and City Manager three to six institutions for inclusion on the City's approved list. Investment accounts with all financial institutions will be standard non- discretionary accounts and may not be margin accounts. • QUALIFICATIONS FOR SAFEKEEPING INSTITUTION The City will safekeep investments only with institutions that demonstrate financial soundness and are ranked AA or Aa by Standard and Poor's and Moody's. In addition, they shall be a trust company or state or national bank located within this state or with the Federal Reserve Bank or with any state or national bank located in any city designated as a. reserve city by the Board of.Governors of the Federal Reserve System. INVESTMENT CONTROLS The Treasurer, (with review and direction by the Administrative Services. Director) will implement and maintain a system of internal. investment controls and segregated responsibilities of the investment function in order to assist in the prevention of fraud, theft, loss of principal, loss of control, and inaccurate reporting. POLICY REVIEW This policy shall be reviewed annually by the City Council, at a public meeting to ensure it meets the changing needs of the City, is consistent with the overall objectives of preservation of principal, liquidity, and return and to ensure that the City's ongoing investment practices and procedures are consistent with the Policy. DELEGATION OF AUTHORITY As assigned by the Director of Administrative Services, the Financial Services Manager/Treasurer is responsible for the investment of the City's idle cash subject to review and approval by the Administrative Services Director and City Manager. In his/her absence, or incapacity, the Administrative Services Director will assume the duties and responsibility, for investment of City funds. In his/her absence, or incapacity, the City Manager will assume the duties and responsibility, for investment of funds. The City Council's primary responsibilities over the investment function includes establishing investment policies, annually reviewing such policies, reviewing monthly investment reports and authorizing any deviations from the City's Investment Policy. • PROHIBITED INVESTMENTS State law not withstanding prohibited investments shall include zero coupon bonds, inverse floaters, collateralized mortgage obligations, interest only strips, reverse repurchase agreements, futures and options, and derivative securities. INVESTMENT PORTFOLIO GUIDELINES: A. An average amount of two week's warrants and one payroll to be maintained in immediately available investments, such as the State Treasurer's Local Agency Investment Fund or a similar liquid instrument. This may include commercial paper or repurchase agreements acquired through the City's bank. Weekly analysis of cash flow will serve as a basis for determining the maturity date of investments. B. Investment Transaction. Every investment transaction must be authorized, documented and reviewed by the City Treasurer. C. Pooled Cash. Whenever practical, the City's cash will be consolidated into one bank account and invested on a pooled concept basis. Interest earnings will be allocated according to fund cash and investment balances. D. Competitive Bids. Purchase and sale of securities should be made on the basis of competitive offers and bids when practical. E. Liquidity. The marketability (salability) of 'a security should be considered at the time of purchase, as the security may have to be sold at a later date to. meet unanticipated cash demand. F. Long Term Maturities. Longer term maturities having a remaining term to maturity of four (4) to five (5) years will not represent a significant percentage of the total portfolio (60%), as the principal risk involved can outweigh the potential for higher earnings. G. Diversification. The portfolio should consist of a mix of various types of securities, issuers and maturities. H. State Investment Limitations. Security purchases and holdings shall be maintained within statutory limits imposed by the State of California Government Code. • Current limits are: Bankers Acceptance — 40%, Section 53601 (f); Commercial Paper • — 30%, Section 53601 (g); .and Negotiable Certificate of Deposit — 30%, Section 53601 (h); Repurchase Agreement — the term shall be one year or less, Section 53601 (i); Medium Term Corporate Note — 30%, Section 53601 (j); Shares of Beneficial Interest .— 15%, Section 53601 (k) Mortgage Securities — 20%, Section 53601 (n). I. Arcadia Guidelines by Type of Investment. In addition to the general investment limitations imposed by the State, the following more specific, and in some cases more conservative, guidelines by type of investment will be followed: 1. Certificate of Deposit. Cash will be invested only in FDIC or FSLIC insured certificates, with institutions having a branch located within the City's boundaries. The City will not invest in any institution less than five years old. The institution must maintain a net worth asset ratio of at least 3%, and a positive earning record. 2. Bankers Acceptances. A Banker Acceptance is a time draft which has been drawn on and accepted by a bank. It is considered more secure than a Certificate of Deposit but less secure than a Government Agency instrument. The City will only invest through the 15 largest banks in the United States or the 100 largest banks in the world (in terms of assets). The maximum investment with any one institution will not exceed $3 million. 3. Treasury Bills, Notes and Bonds. The City will require safekeeping documentation of the treasury instrument in an acceptable safekeeping account in the City's name.. 4. Government Agency Securities. The City will require physical delivery of these securities to an acceptable safekeeping account in the City's name. Examples of these •securities include Government National Mortgage Association, Federal. National Mortgage Association, Federal Land Bank and Federal Farm Credit Banks. 5: Commercial Paper. Commercial paper is an unsecured loan made by the City to an institution. The City will require safekeeping documentation of the security in an acceptable safekeeping account in the City's name. Commercial paper will be used solely as a short-term investment not to exceed 15 days. It is anticipated that this type of investment will be used only a few times during the year when other short-term investments are not available. A rating of Standard and Poors A-1 or Moodys P-1 is required. The City will only invest in the largest 15 banks (in terms of total assets) in the United States. The investment in any one institution will not exceed. $1,000,000. 6. Repurchase Agreements (Repos). Repurchase Agreements are loans made by the City to financial institutions secured by collateral posted by the borrowing institution. The City will require physical delivery of the securities backing the repo or safekeeping documentation in an acceptable safekeeping account in the City's name, depending on the type of security. Repos will be used solely as a short-term investment not to exceed 30 days. The institution from which the City purchases a repo must transfer on an ongoing basis sufficient securities to compensate for changing market conditions and insure that adequate collateral is maintained in the City's safekeeping account to cover the principal invested. Repos will only be purchased through the 15 largest banks in the United States. The investment in any one institution will not exceed $1,000,000. 7. State Local Agency Investment Fund. LAIF is an investment fund established by the State of California to assist smaller cities in increasing their investment earnings. Cities deposit funds with the State Treasurer's office which are then pooled with the State's fund and'inVested. The investment with LAIF may not, by State regulation, exceed $40 million per agency. 8. Passbook Savings Accounts. Saving account shall be maintained for accounts under $100,000 that are received too late in the day to invest in other instruments. William R. Kelly City Manager • City of Arcadia Tracey L. Hause Administrative Services Director City of Arcadia JP 110 Gerald A. Parker City Treasurer/Fin. Services Mgr. City of Arcadia • r'lni E 1-1`i� �� staff report id, • arcadia redevelopment agency DATE: June 18, 2002 TO: Chairperson and Agency Board 'p! FROM: Don Penman, Deputy Executive Director fLBy: Peter P. Kinnahan, Economic Development Administrator Prepared by: Brian Saeki, Redevelopment Project Analyst g SUBJECT: Request for a waiver from ARA 172 SUMMARY The owner of the Chevron service station at 102 E. Huntington Drive is requesting a waiver from Agency Resolution ARA 172 to allow for the conversion of his existing facility to a larger convenience food mart. Staff recommends approval of this request for a waiver from ARA 172. DISCUSSION, The Chevron gas station is currently providing fuel, a small convenience food mart and auto mechanic services. The owner is proposing to convert the service bays into a larger convenience food mart which is proposed to include a fast food element (no drive through). Although these types of uses are not permitted under ARA 172, the gas station is a "grandfathered" use. That means the gas station, since it is an existing non- conforming use that has not been abandoned or discontinued for a period of 90 days, it is continued to be permitted. Other similar types of food marts can be found in the City (north east corner of Santa Anita and Colorado and north east corner of Santa Anita and Live Oak, both Chevron operated). The owner has submitted his request for the waiver from ARA 172 which includes his rationale (Attachment 1). If the waiver is approved, the applicant will be required to seek additional approvals — zoning text amendment, Conditional Use Permit (CUP), Architectural Design Review and Agency Design Review. FISCAL IMPACT The City will receive an increase in sales tax from the sales generated by the convenience food mart and the Agency would receive an increase in tax increment from the improvements made to the building. LASER IMAGED Waiver—ARA 172 Page 2 06/18/02 • RECOMMENDATION That the City Council approve the waiver from ARA 172 for the Chevron service station at 102 E. Huntington Drive approving the conversion of the existing station, closing the existing service bays to provide a larger convenience food mart with a fast food element (no drive through). Approved By: U4� William R. Kelly, City Manager Attachment 1 — Request letter for the waiver from ARA 172 . _'6. Z I LEON E. FELUS,ARCHITECT 14000 PALAWAN WAY, SUITE D • • a 00292 Tel:310.821.2725 Fax:310.306.2443 Email:leonefelus@thegrid.net Date: May 21, 2002 Received r To: City of Arcadia 4- Architectural Redevelopment Agency t1( 22 202 240 West Huntington Drive Arcadia, CA 60021 Development Services Economic Deveiopmont Attn: Mr. William Kelley Executive Director Re: Waiver of Resolution 172 .Dear Mr. Kelley: On behalf of Cirrus LLC, the developers of the proposed conversion of the Chevron service station at 102 E. Huntington Avenue, I am herewith requesting a waiver of City of-Arcadia Resolution 172. We have enclosed preliminary drawings of our proposed project for your review. • Cw The site is currently developed as an automobile fueling station with service bays. Fueling marketing trends are moving away from automobile service profit centers towards those providing convenience foods. Chevron, USA has been at the forefront of this marketing shift. Our proposed conversion would retain the fueling use as it exists today. The existing building would be added to and converted from service bays to a convenience food mart. Both the existing fueling and the proposed convenience food mart uses are currently non-appropriate uses in the Central Business District. For this reason we are mandated to request a waiver of Resolution 172. I would like to make two salient points for your consideration. First, this site currently provides the fueling use within the Central Business District. Second, a precedent exists within the City of Arcadia for our use request. Although not within the Central Business District, the Chevron facility at Colorado Blvd. and Santa Anita Avenue combines these two uses compatibly with'its neighbors. I would further point out that the City of Arcadia will benefit from the change of use in the following ways: • Increased sales of goods will help to foster economic growth in the Central Business District and in turn will increase the City's sales tax revenues. 8• 'mtu ,e �a{CF' tR t �a r � ys 1 ' 71i1�!.xwF'�w�n , '' aak� '"4 e; r r -a , , „he; C� ou y '771 c���Kx9i� 'vl ^,�p,��e May 21, 2002 ��•Y Waiver of Resolution�1 �,� 4 k 4t;; 1j�r� �j � �`�t� Pae2of2 a fi ��ro7rr ` ^3'{,c rif:d ,,r*r '+uCfr�rr'4.�',; 'Ir gr ,� • The site is within a att � o a ict. Conversion of the use from .w� � dA 3T3) A service bays to convenience food mart wil mandate a $500,000 complete renovation of the existing 'structure. This project will contribute to the City's redevelopment goals. • The proposed conversion will utilize materials more consistent with the Guidelines for the Central Business District(i.e. stucco, stone wainscot and slate roofing). • The convenience foodrrart use is more closely aligned with the permitted uses of the Central Business District than the existing service bays. • The convenience food mart use will be housed completely within.the proposed structure. Conversely, the present condition affords direct views into the open service bays. The conversion will eliminate the visual clutter that currently exists. In the interest of time, we are concurrently filing with the Planning Department for a Text. Amendment to the City Code Section 9264.2.9 to allow these uses within the Central Business District. Furthermore, within the next two weeks we will be making concurrent submittal for our Conditional Use Permit. We would appreciate your timely review of our request. • Sincerely, Leon E. Felus, Architect Encl: �u row • , '. ' ,aa i • -a ra . ihK i?e e_"' . 4 X. s` .I-"-t uj x.." - y x Ya ;',--,;' t ''' '' . -. LI Z FF�q W HUNTINGTON DRIVE 0 z a SITE a z z cn cn c EP1" = SITE PLAN 10' N Received MAY 2 2 2002 Development Services Economic Development Division SITE PLAN, SUMMARY DATA Qi NEW CHEVRON FOODMART i wi Chevron PLAZA FRANCHISE GROUP, INC. • 102 E. HUNTINGTON DRIVE ARCADIA, CALIFORNIA 91006 Revisions SCALE: 1" = 10' DATE: 5/10/02 —0DR. LEF CH. LEF APP. LEF I SHEET 0 I 0204\A1 Al PLOT: 5/10/02 .. ..,. ....,->,............-....-A,-........ .__...... _._....�_ - - •-_ _~ ...:. .,_._ .tea ..� _-. - - _ - a.._ ...z.�ts�.w:...°""9 �f+nku: '.�.,wsi%r ., .- ..__ Received MAY 2 2 2002 Development Services Economic Development Division SUMMARY DATA SITE ADDRESS: 102 E. HUNTINGTON DRIVE ARCADIA, CALIFORNIA 91006 ASSESSOR'S PARCEL NO: XXXX—XX—XXX LEGAL DESCRIPTION: XX LOT, XX BLOCK, XX TRACT EXISTING USE: SERVICE STATION WITH FUELING ISLANDS PROPOSED USE: FOODMART WITH FUELING ISLANDS ZONING: CDB-1 (CENTRAL BUSINESS DISTRICT) CONSTRUCTION TYPE: BUILDING = V—N CANOPY = II—N wf OCCUPANCY GROUP: BUILDING = M CANOPY = S--1 LOT AREA: 145' X 185' = 26,774 SQUARE FEET LANDSCAPE AREA: 1,966 SQUARE FEET (7.3% OF SITE) BUILDING AREA: 3,260 SQUARE FEET (12.2% OF SITE) CANOPY AREA: 23' X 52' = 1,196 SQUARE FEET (4.5% OF SITE) PARKING REQUIRED: 3 SPACES PER 1000 GROSS SQUARE FEET OF BUILDING 3,260 S.F. X .333 = 10 SPACES PARKING PROVIDED: 13 SPACES (1 VAN ACCESSIBLE HANDICAPPED) VICINITY MAP I o6. yo - yo . .1l- , , . _ .2 s c /1y-5 D v- staff report , P11111 j im j areadla redevelopment agency- DATE: June 18, 2002 TO: Chairperson and Agency Board FROM: Don Penman, Deputy Executive Director* [By: Peter P. Kinnahan, Economic Development Administrator (/Prepared by: Brian Saeki, Redevelopment Project Analyst +i SUBJECT: Design review for 25 E. Huntington Drive (Remax). SUMMARY In February, the applicant, Mr. Mike Soo, submitted plans to the Development Services Department for an architectural design review for a 1,470 square foot expansion of his existing 4,000 square foot building at 25 E. Huntington Drive (Remax -Attachment 1). Although the proposed plans were architecturally compatible with the existing building, the Development Services Department denied the proposed expansion because of a significant reduction in parking. Mr. Soo appealed the Development Services Department's denial of the architectural design review to the Planning Commission. He also submitted a modification application requesting four (4) parking spaces in lieu of twenty-two (22) parking spaces as required by Code. The Planning Commission approved the applicants architectural design review and parking modification at their May 14, 2002 meeting (Attachment 2 - Planning Commission Minutes- May 14, 2002). Per the Planning Commission's decision at their May 14, 2002 meeting, recommend approval. ,-'BACKGROUND WORK • PROPOSED: Addition of 1,470 square feet to an existing business at 151 East Alta Street. APPLICANT: Mr. Mike Soo 1108 S. Baldwin Avenue#206 /, Arcadia, CA 91007 LOCATION: 25 E. Huntington Drive (Location Map, Attachment No. 1) ;�_ lam. /1 ie 4 X71. Design Review Page 2 06/18/2002 • EXISTING LAND USE: Remax currently occupies the 4,000 s.f. building EXISTING ZONING: CBD (Central Business District) GENERAL PLAN DESIGNATION: Commercial LAND USE: Commercial SURROUNDING LAND USES: North: Public— Parking District No. 2 and U.S. Post Office South: Huntington Drive & Commercial Uses East: Medical Office/Retail Dental Office & Retail West: Retail — Decroupet's SITE AREA: 6996 s.f. PARKING PROVIDED: 4 total spaces (3 standard — 1 handicap) PARKING REQUIRED: 22 total spaces (21 standard — 1 handicap) PURPOSE OF USE AND DESIGN REVIEW The purpose of the Agency's Design Review is to ensure that proposed projects meet adopted City and Agency standards and design guidelines based upon the following criteria: 1. The general use and design considerations, including the character, scale, and quality of design are consistent with the Redevelopment Plan, the Zoning Ordinance, and adopted use and design guidelines; 2. The use and architectural design of structures and their materials and colors are visually compatible with surrounding development and improvements on the site, and design elements (i.e., screening of equipment, exterior lighting, signs, awnings, etc.) have been incorporated to further ensure the compatibility of the structures with the character and uses of adjacent development; Design Review Page 3 06/18/2002 3. The location and configuration of structures are compatible with their site and with surrounding sites and. structures, and do not dominate their surroundings to an extent inappropriate to their use; and 4. The use, design and layout of the proposed project will not unreasonably interfere with the use and enjoyment of neighboring existing or future development, and will not result in vehicular and/or pedestrian hazards. ANALYSIS A. DESIGN FEATURES Pacific Design Group (Mr. Soo's architect) has prepared and provided a color board and elevations of the building for staffs review. They are available for review in the Economic Development Office and will be on display at the Agency meeting. The existing building has recently been through a major interior and exterior renovation. The addition is proposed in the. rear portion of the existing building (Attachment 3). Six suites and 1 bathroom will be added. The front façade of the building will remain the same. The new design mirrors the architectural style of the recent renovation providing building articulation through the use of a variety of materials (off-white stucco, new door and black doorframe, window openings, a landscaping planter, blue awnings and cornice molding). The owner has applied for reimbursement (for the previous renovation) of some of the costs as part of the Agency's Commercial Façade Rehabilitation Program (CFRP). Per the CFRP Guidelines, new construction does not qualify for the program. However, portions of the newly renovated front façade, rear landscaping, parking lot, trash enclosure and signage may be eligible. Any new renovation work in the rear would require payment of prevailing wages. The CFRP program would not reimburse for previous work done on the first renovation but which would have to be removed during the second or rear renovation. S. PARKING Currently, the site provides 8 parking spaces (7 standard and 1 handicap). This project proposes to add 1,470 square feet to the existing building while removing 4 existing parking spaces. Under normal circumstances, the addition of any new square footage would require the applicant to meet the existing parking requirements as stated in the City's Zoning Code. 'However, as previously stated, the Planning Commission granted the applicant a parking modification to provide 4 parking spaces (3 standard and 1 handicap) in lieu of 22 parking spaces (21 Design Review Page 4 06/18/2002 standard and 1. handicap) as required by code. This is a net loss of 18 spaces that will be absorbed by Parking District Two. C. STAFF CONDITIONS OF APPROVAL • The building colors and materials shall conform to the exhibits as presented to the Agency Board, and as shown on Attachment 2. • The Arcadia Redevelopment Agency approval is valid for a period of one (1) year as per ARA 126 adopted by the Arcadia Redevelopment Agency on December 2, 1986. • The Applicant shall comply with all other conditions of approval required by the Development Services Department, Public Works Services, and the Arcadia Fire Department. ENVIRONMENTAL FINDINGS This project is categorically exempt from the requirement of the California Environmental Quality Act per Section 15305. RECOMMENDATION THAT THE ARCADIA REDEVELOPMENT AGENCY APPROVE THE DESIGN REVIEW FOR 25 EAST HUNTINGTON DRIVE PER THE MAY 14, 2002 ACTION OF THE PLANNING COMMISSION, SUBJECT TO THE DEPARTMENTAL CONDITIONS LISTED ABOVE. Approved: William R. Kelly, Executive Director Attachments: 1. Location Map 2. Planning Commission Minutes-- May 14, 2002 . 3. Plans for 25 E. Huntington Drive 06/03/02 . ATTACHMENT 1 w w D Z D Z W w Q SANTA CLARA STREET s ir ,,,,,,j 0:111111" I I MORLAN PLACE �s i- WHEELER AVENUE I� Q 25 E. Huntington Drive NT�'A Q HUNTINGTON DRIVE HUNTINGTON DRIVE I • • 1. 1- 7 T ALTA STREET ALTA STREET e■ No' NO SCALE Location Map - 25 E. Huntington Drive PLANNING `'OMMISSION MINUTES May 14, 2002 Excel on 25 E. Huntington. Dr. (...max) des that were adopted by the City recently address the issues of large homes and have helped scaling the •own. Ms. Butle .'d that if they comply with code there would not be any more public hearings. Staff tries to preserve as .•, trees as possible and within reason. In rebuttal, Mr. C s. s►_ said that they are aware of code requirements. No one else spoke in favor • or in opposition to this item. • Chairman Kalemkiarian closed the : blic hearing. In response to comments by Commissio z Olson, regarding requiring a larger setback on Magna Vista, Ms. Butler said that the Planning Commis-.•n would have to show cause as to why they would be imposing a special setback. They would haves to comply with the setback of the average of the two adjacent developed lots. Commissioner Olson said that he liked what they have no ' It is a natural lot split. MOTION It was moved by Commissioner Olson, seconded by Commis 's ner Baderian to approve TPM 2002-007, file the Negative Declaration, subject to the conditions ed in the staff report. ROLL CALL: AYES: Commissioners Baderian, Huang, Murphy, Olson, Kalemkiarian NOES: None Chairman Kalemkiarian noted that there is a ten day appeal period. Appeals are to be filed by May =.1. 3. PUBLIC HEARING MP 2002-010 & ADR 2002-006 25 E. Huntington Dr. Hong Ming Soo Consideration of an appeal of the Development Services Department's denial of the ADR for a proposed 1,470 sq. ft. expansion to an existing office building and requesting a parking modification for 4 parking spaces in lieu of 22 for the proposed expansion for a total building area of 5,390 sq. ft. The staff report was presented and the public hearing was opened. Robert Ritner, 25501 Ferraro Dr., Mission Viejo, said,they have just completed improving the facade of the building. The business is growing and they would like to remain in the existing building and do not want to move to another location. Recently, there were two properties that.were improved; an office building to the east and a dental office with retail stores in the front. One provides zero parking spaces and the other was approved a reduction from 4 required spaces down to 2 spaces. The real estate office is a less intense use than a retail store. Many of their clients come during the evening hours and Arcadia City Planning Commission 3 5/14/02 ATTACHMENT 2 • weekends to sign documents. Many of the agents are not there during the day. The traffic generated by this site is much less than the adjacent uses. They conducted a parking count on two days with counts being taken at various times of the day. They counted a total of 300 parking spaces. The maximum cars parked were 158 and the least was 143. He went on to say the parking is not stretched to the limit. In fact, there is an office with no parking spaces and a retail use with only 2 spaces, yet it generates much more traffic than this use. In response to a question by Commissioner Huang, Mr. Ritner replied that it would be too costly to build a second story office building. The tenant would have to move out during construction and it would disturb the business. They are attempting to meet the current needs of the tenant. The Denny's parking was discussed briefly and Ms. Butler noted that these parking spaces were counted by Mr. Ritner and they are not part of the City parking lot. Ms. Butler said that the City recently conducted a parking study and the figures are pretty close to what Mr. Ritner stated. Mr. Ritner said their parking is usually well utilized. They would like to add 4 more agents, so they would only be using 4 of the public parking. Ms. Butler confirmed the reduction of the parking spaces for the uses that were cited by Mr. Ritner. Robert Battike, owner of Remax, 637 Sycamore Dr, said they have very high volume agents. They'd like to add 4-5 more agents and would like to provide offices for them. Most of the agents and clients come in through the back of the office and the front door is rarely utilized. Because of that, they would like to create a nice reception area at the rear. They have decided to staff this office with only their top agents. Their agents are attracted to them because of the ease and the abundance of parking and that the site is centrally located in the City. They have a waiting list of interested agents who would like to join them but they currently do not have the space for them. The plans that have been submitted are based upon providing 6 more additional agents which would increase them to between 25-26 agents. Most of their agents come in the morning and are not there all day. There is plenty of parking available on the weekends and they have never experienced any parking problems. Their hours of operation is from 9:00 a.m. to 5:30 p.m., 6-days a week, and 10:00 a.m. to 4:00 on Sundays. They do not hold staff meetings at this location. They rent a room in a church where all of their offices meet. Shelly Rubin, 274 Sharon Rd., said that she is the beneficiary of their property which is in trust at 20 E. Huntington Dr. She asked that this request be denied because she felt that they should be abiding by code requirements. She did not want overbuilding and creating an odd assortment of structures. This would be unfair to the citizens. Her property is in full compliance. If the City continues to allow over development, there will be a parking shortage. Businesses come and go but once parking spaces are lost they are gone forever. Mr. Ritner said that when a new business comes in it would have to meet code requirement and they would have to prove that there is no negative impact. Parking spaces are not necessarily lost forever. Their branch is sought by agents because of all the amenities that they offer such as the abundance of parking spaces as well as each agent having their own enclosed office and not cubicles. No one else spoke in favor of or in opposition to this item. Chairman Kalemkiarian closed the public hearing. Arcadia City Planning Commission 4 5/14/02 . Ms. Butler said there are some time limits imposed on certain parking spaces. There are a few with 20 or 30 minute limits. It is difficult to determine share of parking spaces for all the uses downtown. A formula was used in the 60's to aid with the parking district. The south side of Huntington Dr. also uses the parking district. There have been additions throughout the years to the businesses. One of the two most recent additions, did reduce parking from 6 spaces down to 4. There was a project that was recently approved with no parking spaces. The Agency staff recommended denial of this proposed expansion. Commissioner Baderian said the City is looking at ways to bring in business and revitalize the area and he was confused how on the one hand the City is trying to encourage business to come into the area and then throwing stumbling blocks out in front of them. Commissioner Olson said that real estate offices create a lot of traffic. He wondered if the site is too small for a growing business. He could not comprehend how they could allow them to increase square footage and reduce parking spaces at the same time. Chairman Kalemkiarian did not think that parking is a problem. Based upon the figures provided by the applicant, only 60% of the parking is utilized. He thought it is underutilized. He did not think that 6 agents would adversely impact traffic, after all, this is a business district. Commissioner Murphy agreed. The parking is there for people to use. It is underutilized now. Commissioner Huang said that he works with the ARA in Los Angeles. They provide incentives to bring in business to revitalize an area. In this case, he felt that the City should encourage development and waive parking. MOTION It was moved by Commissioner Murphy, seconded by Commissioner Huang to approve MP 2002-010 & ADR 2002-006 based upon the findings that it will secure an appropriate improvement. ROLL CALL: • AYES: Commissioners Baderian, Huang, Murphy,Kalemkiarian NOES: Commissioner Olson Chairman Kalemkiarian noted that there is a five working day appeal period. Appeals are to be filed by May 22nd NON-PUBLIC HEARING ITEMS 4. REPORT REGARDING THE MODIFICATION COMMITTEE Report on proposed Ordinance pertaining to the composition of the Modification Committee. The staff report was presented. Arcadia City Planning Commission 5 5/14/02