Legislation Details

File #: HIST-15173    Version: 1 Subject:
Type: Historical Status: Joint Consent
In control: HISTORICAL - REDEVELOPMENT
On agenda: 11/1/2010 Final action: 11/1/2010
Title: JOINT CITY COUNCIL/REDEVELOPMENT AGENCY BOARD AGENDA ITEM: Discussion Regarding Potential Formation of Special Tax District for the Transit Oriented District at Washington/National and Authorization to Release a Request for Proposals for Professional Special Tax District Formation Services Related Thereto.
Attachments: 1. JOINT CITY COUNCIL/REDEVELOPMENT AGENCY BOARD AGEN - J-4__10-11-01___CDD__JOINT__RFP for CFD for TOD - FINAL.docx, 2. JOINT CITY COUNCIL/REDEVELOPMENT AGENCY BOARD AGEN - 10-11-01_ATT__CDD__City Council_Renewal of Downtown BID Program.pdf
City of Culver City, California Agenda Item Report Meeting Date: 11/01/10 Item Number: J-4 JOINT CITY COUNCIL/REDEVELOPMENT AGENCY BOARD AGENDA ITEM: Discussion Regarding Potential Formation of Special Tax District for the Transit Oriented District at Washington/National and Authorization to Release a Request for Proposals for Professional Special Tax District Formation Services Related Thereto. Contact Person/Dept.: Glenn Heald Todd Tipton/Community Development Nick Kimball/Finance Phone Number: (310) 253-5752, (310) 253- 5783 and (310) 253-6013 Fiscal Impact: Yes [] No [X] General Fund: Yes [] No [X] Public Hearing: [] Action Item: [X] Attachments: [] Commission Action Required: Yes [] No [X] Date: _______________ Public Notification: (E-Mail) Meetings and Agendas – City Council (10/27/10); Meetings and Agendas – Redevelopment Agency (10/27/10). Department Approval: Sol Blumenfeld/CDD (10/26/10) Jeff Muir/Finance (10/27/10) City Attorney Approval: Carol Schwab (by H. Baker) (10/27/10) Agency General Counsel Approval: Murray Kane (10/21/10) Chief Financial Officer Approval: Jeff Muir (by N. Kimball) (10/27/10) City Manager/Executive Director Approval: John M. Nachbar (10/27/10) RECOMMENDATION: Staff recommends the City Council and Redevelopment Agency Board (Agency Board) discuss the potential formation of a special tax district for the Transit Oriented District involving commercially zoned properties surrounding the Exposition Light Rail (LRT) station in the Washington/National area and authorize the issuance of a Request for Proposals (RFP) for professional special tax district formation services related thereto. BACKGROUND: The Mello-Roos Community Facilities Act of 1982 allows the funding of the construction or acquisition of real or tangible property with a useful life of five years or more (such as streets, sewer, and other infrastructure improvements) through the establishment of a Community Facilities District (CFD). A CFD is a special tax district with an amount levied annually on each parcel within the CFD. Voting for a CFD is done by mail-in ballot and requires approval by a supermajority (67%) of returned ballots. All registered voters within the boundaries of the CFD are eligible to vote. If there are fewer than 8 registered voters in the proposed CFD, then it is a vote of the property owners (a likely scenario for the proposed Washington/National City of Culver City, California Agenda Item Report CFD). Similar to a Benefit Assessment District, the typical time to implement a CFD is nine to twelve months. DISCUSSION: A CFD is a method of financing required infrastructure and other public improvements through a bond issuance, which is subsequently repaid by a tax imposed on the property within the CFD. In general, any major commercial or mixed use development in the TOD District in the Washington/National area will require new or additional infrastructure improvements, which can be funded through the CFD. Benefits to the City/Agency from the formation of a CFD include: • The assessment to pay the debt service is applied to the property owners’ tax bill, so efforts to collect the annual assessment are minimal, and may be contracted out to a management firm funded through the assessment’s administrative fee. • The bond is issued using the property in the CFD as security. Issuing a CFD bond does not impact the debt capacity or become an obligation of the City or Agency (the bond is the obligation of the underlying CFD). • The City or Agency will be responsible for paying only that portion of the levy against any property that the City or Agency may own that lies within the CFD. Benefits to the Developer from formation of a CFD include: • The developer(s) amortizes the cost of the infrastructure improvement over the life of the debt (e.g. 20 years) rather than having to pay a large cost up front. Financing the infrastructure improvements through a tax-exempt CFD bond issue is cheaper than requiring the developer to finance the improvements at the developer’s market finance rate. • The cost is equitably distributed to all subject properties in the CFD, so no single developer or property owner is burdened with the entire expense of the infrastructure improvement. • As the property is subdivided and sold off by developer(s), assessments remain with each property, so over time the developer(s) will likely pass off some or all of the expense to subsequent property owners. Consultants who specialize in the formation of CFDs are readily available for hire. In order to explore all potential benefits and consequences of forming a CFD, staff requests authorization to issue an RFP for consultant services from firms specializing in CFD formation. Steps to the formation of a CFD include: City of Culver City, California Agenda Item Report 1. City/Agency authorization to issue RFP for consultant 2. Issue RFP for consultant 3. Select consultant 4. Award contract 5. Consultant prepares required Engineering Report and other documents required to form a CFD 6. City conducts election to approve proposed CFD 7. City Council adopts CFD (if approved by voters) 8. CFD Bond issuance 9. Bond proceeds received 10. Improvements designed and constructed If the Agency Board authorizes issuance of an RFP, staff will return to the Agency Board with a proposed implementation schedule and a request further direction upon completion of the RFP process. FISCAL ANALYSIS: There is no fiscal impact in issuing an RFP. If the Agency Board ultimately decides to hire a consultant and form a CFD, staff estimates the cost for the consultant’s services will be between $27,000 and $35,000. ATTACHMENTS: None. MOTION: That both the City Council and Agency Board: 1. Discuss the potential formation of a special tax district for the Transient Oriented District at Washington/National; and 2. Authorize release of a Request for Proposals to provide special tax district formation services related thereto. MEETING DATE: 11/01/10 AGENDA ITEM: Approval of the Downtown Culver City Business Improvement District Advisory Committee's Annual Work Program and Budget, and Adoption of a Resolution of Intention to Conduct a Public Hearing for Continuation of the Downtown Business Improvement District. ATTACHMENTS Pages 1. Resolution of Intention, including BID Boundary Map (Exhibit "A"), 1-9 Proposed Assessment Schedule (Exhibit "B"), and 2011 BID Work Program and Budget (Exhibit "C"). 2. BID accomplishments during 2010. 10-11Attachment 'I RESOLUTION NO. 2010-R A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CULVER CITY, CALIFORNIA, DECLARING ITS INTENTION TO CONDUCT A PUBLIC HEARING TO CONSIDER CONTINUATION OF THE DOWNTOWN CULVER CITY BUSINESS IMPROVEMENT DISTRICT ON NOVEMBER 22, 2010. WHEREAS, the Parking and Business Improvement Area Law of 1989 (California Streets and Highway Code, sections 36500 et seq. (hereinafter, the "Act")) authorizes cities to establish parking and business improvement districts for the purpose of imposing assessments on businesses for certain purposes; and WHEREAS, the City established by Ordinance No. 98-011 and Ordinance No. 2000-027 the Downtown Culver City Business Improvement District (the "District"); and WHEREAS, on November 1, 2010 1 the City approved the District's Annual Report (work program and budget), prepared by the Culver City Business Improvement District Advisory Committee. NOW, THEREFORE, the City Council of the City of Culver City DOES HEREBY RESOLVE as follows: 1. Pursuant to the provisions of the Act, the City Council declares its intent to levy and collect assessments for the year 2011 within the District. 2. The proposed boundaries of the District are set forth in Exhibit "A," which is attached hereto and incorporated herein by reference, and are the same as those contained in Ordinance No. 2000-027 and Ordinance No. 98-011.|101010101010101010 10 10|11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 283. The improvements and activities proposed for the District shall be funded by the levy of assessments on businesses within the District boundaries and may include, but are not limited to, the following: a. General promotion of business activities within the District; b. Promotion of public events which benefit businesses in the District and which take place on or in public places within the District; c. Decoration of any public place within the District; and, d. Acquisition, construction, installation or maintenance of improvements identified in section 36510 of the Act. 4. The City Council intends to levy assessments on businesses located within the boundaries of the District, in the amounts and on the business classifications set forth in Exhibit "B," which is attached hereto and incorporated by reference as though fully set forth herein. 5. Except where funds are otherwise available, an assessment to pay for all specified improvements and activities within the District will be used to fund the activities and improvements shown on Exhibit "C." 6. The District's Annual Report, on file with the City Clerk, should be referred to for a full and detailed description of the improvements and activities to be provided for the year 2011, the boundaries of the District and the assessments proposed to be levied upon the businesses within this District. 7. Businesses commenced during the year following the renewal of the District shall not be exempt from such assessments, but shall be assessed -2-|1010101010101010 10 10|11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28the appropriate amounts as listed on Exhibit "B" in a prorated manner, based upon the number of whole months remaining in the assessment period. 8. The City Council shall hold a public hearing on the 22 nd day of November 2010, at 7:00 p.m., or as soon thereafter as this matter may be heard, in the Culver City City Council Chambers at 9770 Culver Boulevard, Culver City, California. 9. At the above-referenced public hearing, written and oral protests may be made. 10. The City Clerk shall certify to the passage of this Resolution and cause the same to be published once in a daily newspaper of general circulation in the Culver City area, not less than seven days before the above- referenced public hearing. APPROVED and ADOPTED this day of 2010_ CHRIS ARMENTA, MAYOR City of Culver City, California ATTEST: APPROVED AS TO FORM: CAROL A_ SCHWAB, City Attorney I|1010101010101010 10 10|11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 MARTIN COLE, City Clerk Al 0-00366 -3-11.:;...11\ -in : 73. NM ....... • , •00, •. iz• "P5' • Vf. 149 a34411.4".4U ;re , . •- —R.Oket e4,A4.4,[o.N4N.EWX5_, , _. ... i p, ,,,,01,_,r.,,641,;,,“tJa...Ad,,,,,...", .,,. .5o0,A4-4 g,414 , li;•!$1-0 %."-• ,_ i. • 4.,,i'4,;',..niS.I.Jil.:A..41ii-irridn';, i ? Y ICgini, f :: . _ - I :-...........-- ... L- -,I- -,- jExhibit B Downtown Culver City-Business Improvement District- Report of Proposed Year 2011 Work Program and Budget The Downtown Culver City Business Improvement District Advisory Committee ("Advisory Committee") is pleased to present its Proposed Year 2011 Work Program and Budget. This report is prepared in accordance with the requirement of Culver City Ordinance No. 98-011, which established the Downtown Culver City Business Improvement District ("DCCBID"), the Business Improvement District Management Agreement between the City of Culver City ("City") and the Culver City Downtown Business Association ("CCDBA"), and the Streets and Highways Coda, section 36533. The Advisory Committee does not propose any changes to the Advisory Committee structure, nor to the boundaries of the parking and business improvement area. A map illustrating BID boundaries is included as Exhibit A. The Advisory Board recommends the assessment schedule as follows: Business Type City Business License Code Annual BID Fee TYPE A Retail 1-1000 sq. ft. 036-144, 396, 399, 402 Retail 1001-2500 sq. ft. Retail 2501-5000 sq. ft. Retail > 5000 sq. ft. Hotel 456, 480 Bar/Restaurant: Total Seats, both Indoor & Outdoor: 390, 654-690 0-50 seats 51-100 seats >100 seats Computer Graphics & Computer Services 152, 200 Martial Arts Studio, Health Studios, Hair Salon 744, 276 0-25,000 sq. ft. > 25,000 sq. ft. $ 351 $ 585 $ 877.50 $1170 $1755 $1170 $1755 $2340 $ 585 $ 585 $1170 TYPE B Theaters 858 $2.34/seat Live Performance 858 $1.17/seat TYPE C All others, not listed $351 TYPE D Banking Institutions 0-7500 sq. ft. 342 $1170 Banking Institutions > 7500 sq. ft $1755 Film Studios 490, 498 $1170 Recording Studios 554 $1170 Utilities $1170 Hospitals > 20,000 sq. ft. 780 $2340 Hospitals and Clinics < 20,000 sq. ft. $1170 TYPE E Commercial Rentals 432 <5,000 $1170 5,001-15,000 $1755 15,001-25,000 $2340 25,001-35,000 $2925 Over 35,000 $3510The DCCBID's activities and estimated costs for the coming year are set forth in Exhibit "B" Proposed Year 2011 Work Program Budget. All funds collected are used for BID activities which strengthen the business climate within the BID area, attract new investment and improve the quality of life for all downtown users. Note: 1. Fee for individual business owners with multiple business licenses/operations at the same address will be based on the single highest category. 2. Business owners with multiple business locations within the BID area will be assessed separately at each location. 3. Commercial rentals will be assessed for each building location, not each tenant space. 4. Multiple independent business owners at the same address will be assessed separately at their respective rates.Exhibit C The Advisory Board proposes the following Work Program for 2011: MAINTENANCE The DBA Clean Team will continue to provide downtown maintenance services per the Memorandum of Understanding (MOU) between the City of Culver City and Culver City Downtown Business Association. MOU services are separately funded by a separate agreement between the City of Culver City and the DBA. Other Work Plan items outside of Maintenance are not funded by MOU dollars. Downtown Maintenance services, including both MOU agreed and DBA provided services, are as follows: • Sidewalk maintenance program: o Personnel to sweep litter, debris and refuse from sidewalks, alleys (paseos) and gutters of the District o Empty sidewalk trash receptacles throughout District daily o Sweep and pressure wash District sidewalks, Town Plaza, paseos, alleys and parking structure stairwells, landings, alleys and entrance ramps on a monthly schedule throughout the year o Bi-annual pressure washing of parking structure stalls, floors and drive lanes o Monthly pressure washing of parking structure entrances, landings and stairwells; Wipe down of parking structure elevators to maintain a clean appearance o Sweep and maintain areas around trash compactors o Street furniture to be wiped and cleaned daily (benches, bike racks, parking meters, mailboxes, and pay phones) o DBA Clean Team on streets daily, 10arn to 4pm (Sun-Thurs) and 1pm to 7pnn (Fri and Sat) • Landscape Program: o Weed abatement in planters, medians, sidewalks and tree wells o Trash and debris will be removed from planting areas o Removal and replacement of dead vegetation o Trimming of bushes and shrubs o Plants and flowers to be provided in planting areas and pots on an annual basis • Graffiti reporting: o Graffiti is logged and reported immediately to the City Graffiti Removal Team for removal o Paper signs and handbills will be removed COMMUNICATION/IMAGE • Continue and extend marketing efforts of Downtown Culver City; by creating marketing partnerships with established and new downtown businesses, pursuing promotional opportunities and actively seeking visibility with media outlets. • Continue development of the Downtown Third Wednesday Block Parties; increasing participation of downtown businesses, expanding the scope of the event, raising awareness and increasing attendance. • Continue efforts to establish a lunchtime shuttle between Hayden Tract and Downtown Culver City• Maintain, enhance and promote website, by increasing functionality and providing greater services to members and the general public. • Fully utilize social media networking (i.e. Facebook, Foursquare, etc) for the promotion of Downtown Culver City. • Creation and distribution of a new monthly e-newsletter, linked to the website • Partner with the City of Culver City and the downtown business community to create a festive holiday atmosphere for downtown • Partner with City of Culver City to produce the annual Holiday Tree Lighting Ceremony • Maintenance of year-round Culver Blvd. decorative tree lights (twinkle lights) ADVOCACY & ADMINISTRATION • Employ a full-time Executive Director in order to ensure the successful management and administration of DBA programs and to provide efficient and timely communication to the DBA constituency • Continue management of the Culver City Downtown Valet Parking Program; working with City of Culver City Engineering to determine best practices for a successful program- • Continue management of downtown maintenance program, includingincreased services set forth by the IVIOU agreement with the City of Culver City • Proactive communication with City Council, staff, and the community on policy and development issues impacting Downtown Culver City. • Continue to seek and support community fundraising opportunities, such as the Community Garden project • Proactive communication with City on violations of existing codes in relation to aesthetics and safety of facades and streetscape • Continuing coordination between City Sanitation Division and businesses to improve the district dumpster/trash/recycling issue. Work to include increasing the quantity of dumpsters and trash receptacles, adding recycling bins, as well as improving the maintenance of trash compactors and dumpsters • Partner with City of Culver City and other organizations (Culver City Chamber, Downtown Residents' Association, etc.) on advocacy issues and initiatives that may impact the quality of life for businesses and all users of downtown Culver City • Continue working with the City to develop additional funding to increase the maintenance and landscape efforts in downtown • Fundraising effort will be explored to continue programs such as the Holiday Tree Lighting and other programs deemed important to the success of downtown • Interacting with the City Finance Department to ensure timely assessment billing and payment • Day to day communication of programs with DBA constituencyDowntown Culver City-Business Improvement District Proposed Year 2011 Work Program and Budget Revenue 2011 BID Assessment Fees $164,000 Carry forward from 2010 assessments $ 29,639 Interest Income $ 60 Memorandum of Understanding (MOU) $122,100 Downtown Valet Revenue (estimated at $1500 @ 12mos) $ 18,000 Total Revenue $333,799 Expenses Maintenance Management Contract ($2,060 @ 12mos) $ 24,720 -Labor ($1710 per month) -Fuel ($350 per month) MOU Maintenance Management ($10,175 © 12mos) $122,100 Uniforms $ 100 Beautification Management (twinkles, addI landscape, etc.) $ 3,500 Total Maintenance Management $150,420 Advocacy/Administration Executive Director (full-time salary) $ 72,000 City BID Administration Fee (2%) $ 3,280 Professional Fees $ 2,000 D & 0 Insurance $ 1,450 Liability Insurance $ 770 Tax Preparation, Dues, Permits $ 900 Bank Service Charges $ 0 Office Rent $ 0 Telephone $ 1,920 Office Supplies/Postage/Computer Services $ 1,500 Downtown Valet Parking Management Valet Operations city permit ($300 per each 6mos) $ 600 Valet Stations city permit ($1,290 @ 12mos) $ 15,480 Lot leases ($2,000 @ 12m0s) $ 24,000 Total Administration $123,900 Communication/Image/Downtown Marketing $ 29,840 -Holiday Event ($4,300) -Downtown Block Parties -Website/e-newsletter -Public Relations -Shuttle Service -Misc. Total Communication/Image $ 29,840 2011 Reserves $ 29,639 Total Expenses $333,799Attachment 2 2010 ACCOMPLISHMENTS MAINTENANCE • Continuation of the DBA's sidewalk maintenance and landscape program provided by the DBA Clean Team. • Coordination with City of Culver City to implement a Memorandum of Understanding (MOU) for downtown maintenance. The MOU transfers funding to the DBA to perform increased maintenance and landscape services in downtown. Beginning September 2008, the following services are being provided by the DBA per the MOU agreement: O A sidewalk maintenance program with the DBA Clean Team on the streets daily conducting the following services: sweep litter, debris and refuse from sidewalks, alleys (paseos) and gutters of the District, empty sidewalk trash receptacles, sweep and pressure wash sidewalks, plaza, paseos, and alleys, parking structure stalls, floors and drive lanes, as well as entrances, landings and stairwells. Wipe down parking garage elevators. Sweep and maintain areas around trash compactors, cleaning of street furniture (benches, bike racks, parking meters, mailboxes, and pay phones). DBA Clean Team on streets daily. O A Landscape Program that includes the following: weed abatement in planters, medians and sidewalks, trash and debris removed from planting areas, removal and replacement of dead vegetation, trimming of bushes and shrubs, plants and flowers to be provided in planting areas and pots on an annual basis. O Removal of paper handbills and signs, as well as logging and reporting graffiti to City's Graffiti Removal Team. • Established a "Maintenance Committee" of the Board of Directors to work on recycling, sanitation, landscaping and other maintenance issues related to downtown's business and pedestrian environment. • Coordination with City Sanitation Division and businesses to improve the district dumpster/trash/recycling issue. Worked to include increases in the quantity of trash receptacles placed in the downtown district, as well as improved maintenance of trash compactors and dumpsters. COMMUNICATION & IMAGE • Expanded the "Marketing Committee" of the Board of Directors to develop programs for promoting Downtown businesses and marketing partnerships with established and new downtown businesses, as well as seeking visibility from media outlets. • Produced the Downtown Third Wednesdays/Summer Block Parties, by engaging downtown businesses to work collaboratively in order to attract new visitors to Downtown and raise awareness of Downtown as an vibrant and exciting nightlife destination. 10• Completed new design of website providing increased functionality and greater services to members and the general public. • Began utilizing social media networking for the promotion of Downtown Culver City. • Began investigating the possibility of implementing a lunchtime shuttle from the Hayden Tract to Downtown, which would service both the downtown businesses, as well as the Hayden Tract employees. • Maintenance of downtown LED twinkle lights. • Through development of an events MOU between the DBA and City Redevelopment Agency, the Annual Holiday Tree Lighting was a co- sponsored event between the DBA and the Agency. ADVOCACY & ADMINISTRATION • Employed a full-time Executive Director in October 2009 in order to ensure the successful management and administration of DBA programs and to provide efficient and timely communication to the DBA constituency. • Established a "Community Relations Committee" of the Board of Directors to create a vehicle for communication between the DBA, downtown business, other Culver City organizations and City government. • Sought to support community fundraising opportunities, such as the Community Garden project. • Continue management of the Culver City Downtown Valet Parking Program; working with City of Culver City Engineering to determine best practices for a successful program. • Communicated and worked with City Council, staff, and the community on policy and development issues impacting Downtown Culver City. • Expedited communication with the City regarding violations of existing codes in relation to aesthetics and safety of the downtown district. • Coordinate with City of Culver City and other organizations (Culver City Chamber, Downtown Residents' Association, etc.) on advocacy issues including recycling, outdoor dining standards, smoking regulations and other initiatives that may impact the quality of life for businesses and all users of downtown Culver City. • Established a garden project at Farragut Elementary School and will continue with development of garden curriculum into next year. • Enhanced day-to-day management of maintenance and communication programs as well as constituency services. • Improved interaction with City to ensure timely assessment billing and payment. • Day to day communication of programs with DBA constituency.