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HomeMy WebLinkAboutItem B - Consideration of Consultant Services, Dissolution of Redevelopment AgencyAGENDA REPORT DATE: May 28, 2002 TO: Chairperson and Members of the Redevelopment Agency THRU: John B. Bahorski, Executive Director FROM: Lee Whittenberg, Director of Development Services ti o2' B oy N9 e SUBJECT: CONSIDERATION OF CONSULTANT SERVICES - DISSOLUTION OF REDEVELOPMENT AGENCY SUMMARY OF REQUEST: If Agency determines to proceed with consideration of dissolution, select preferred firm and authorize the Executive Director to negotiate and execute the contract in accordance with the proposal of the selected consultant; adopt Resolution No. , A Resolution of the Redevelopment Agency of the City of Seal Beach Authorizing Budget Amendment Number 28 for the 2001 -2002 Fiscal Year. BACKGROUND: On April 22, 2002, the Agency directed staff to request proposals for potential dissolution of the Redevelopment Agency. On April 23 and 25, 2002 the Director of Development Services distributed several letter requests for proposal to evaluate the benefits and detriments of the dissolution of the Redevelopment Agency. The requested scope of services was to include the process, financial impacts, and other issues of concern regarding the potential dissolution of the Agency. Excerpts of the California Redevelopment Law are provided as Attachment 1 that directly relates to the contemplated action of the Agency. The Davis Company submitted a letter response indicating "we think that unless the City is willing to assume the financial obligations of the agency as set forth in Health & Safety Code Section 33141 and the housing obligations stated in Section 33333.8(a) the study you requested is not needed and therefore not recommended." A copy of the Davis Company letter is provided as Attachment 2. C:Wy Docmnem TDADIsw1uWn of AS=y.RDA Smfr ReportAoccLW.05 -23 -02 0 P— DAAgenda Item i J A o' �IN I Consideration of Consultant Services — Dissolution of Redevelopment Agency Redevelopment Agency Staff Report May 18, 2002 The following firms responded to the targeted RFP (See Attachments 3 and 4, respectively, - for a copy of the complete proposal), with proposed budget noted in parenthesis: • Keyser Marston Associates, Inc. ($ 14,000.00) • A. C. Lazzaretto & Associates ($ 25,000.00) Interviews were held with the two responding firms on May 21, 2002. Based on those interviews staff has requested submission of letter proposals from each firm reducing the scope of work in the initial stage to an evaluation of potential fiscal impacts to the Agency and/or City relating to: ❑ Projected loss of tax increment revenues to the Agency. ❑ Identify outstanding Agency obligations. ❑ Identify how the outstanding Agency obligations are to be funded. ❑ Determine how unspent bond proceeds can be spent. ❑ Determine how existing excess surplus housing penalties can be funded. ❑ Disposition of existing properties owned or leased by Redevelopment Agency. Both firms have submitted letter proposals for the above- indicated scope of work and those are provided with the initial proposals for the information of the Agency Board members. The revised scope of work budgets set forth in the letter proposals are: ❑ Keyser Marston Associates, Inc. ($ 11,500.00, first phase: $20,500 total) ❑ A. C. Lazzaretto & Associates ($ 17,500.00, first phase) In the opinion of the interview board, either of the responding firms can prepare the requested analysis regarding potential dissolution of the Agency. If the Agency determines to proceed with consideration of dissolution, the Agency should determine which firm would be appropriate to provide the requested analysis for future Agency consideration, and authorize the Executive Director to negotiate and execute the contract in accordance with the proposal of the selected consultant. Representatives of both firms are present and available to respond to questions of the Agency. Requested Budeet Amendment: If the Agency determines to proceed with consideration of dissolution it will be necessary for the Agency to authorize a budget amendment for the unanticipated consultant expense. Funds are available in the Redevelopment Agency Fund Balance, Account Number 063 - 000 -30420 and will be spent out of the Redevelopment Agency contract professional services account. Staff has prepared the appropriate resolution and it is provided as Attachment 6. The resolution has been prepared to reflect the maximum proposal amount under consideration, assuming the Agency determines to proceed to the stage of formal public hearings and dissolution of the Redevelopment Agency. FISCAL IMPACT: Dissolution of Avemy. MA Stnff Repon 2 Consideration of Consultant Services — Dissolution of Redevelopment Agency Redevelopment Agency Staff Report May 28, 2002 The proposed study would determine if adverse impacts to the City General Fund would be created if the Agency were to be dissolved. RECOMMENDATION: If Agency determines to proceed with consideration of dissolution, select preferred firm and authorize the Executive Director to negotiate and execute the contract in accordance with the proposal of the selected consultant; adopt Resolution No. , A Resolution of the Redevelopment Agency of the City of Seal Beach Authorizing Budget Amendment Number 28 for the 2001 -2002 Fiscal Year. � Whittenberg Director of Development Servic® Attachments: (6) NOTED AND APPROVED: Attachment 1: Health and Safety Code — Applicable Sections Attachment 2: Dissolution of Redevelopment Agency, The Davis Company, letter dated May 15, 2002 Attachment 3: Letter Proposal dated May 22, 2002 and Proposal for Dissolution Services, Keyser Marston Associates, Inc., dated May 2002 Attachment 4: Letter Proposal dated May 23, 2002 and Evaluation of Proposed Redevelopment Agency Dissolution, A. C. Lazzaretto & Associates, dated May 10, 2002 Attachment 5: Request for Proposal re: Dissolution of Redevelopment Agency, City letter dated April 25, 2002 Attachment 6: Resolution No. A Resolution of the Redevelopment Agency of the City of Seal Beach Authorizing Budget Amendment. Number 28 for the 2001- 2002 Fiscal Year Dissolution ofAgency.RDA sluff Rent Consideration of Consultant Services — Dissolution of Redevelopment Agency Redevelopment Agency Staff Report May 28, 1001 ATTACHMENT 1 HEALTH AND SAFETY CODE - APPLICABLE SECTIONS § 33141. Upon the motion of the legislative body or upon recommendation of the agency, the legislative body of the community may, by ordinance, order the deactivation of an agency by declaring that there is no need for an agency to function in the community, if the agency has no outstanding bonded indebtedness, no other unpaid loans, indebtedness, or advances, and no legally binding contractual obligations with persons or entities other than the community, unless the community assumes the bonded indebtedness, unpaid loans, indebtedness, and advances, and legally binding contractual obligations. A legislative body shall not adopt an ordinance declaring that there is no need for the agency, if in one or more project areas, the agency has not complied with subdivision (a) of Section 33333.8. An ordinance of a legislative body declaring there is no need for an agency to function in the community shall be subject to referendum as prescribed by law for the ordinances of the legislative body. § 33333.8. (a) Every redevelopment agency shall comply with and fulfill its obligations with regard to the provision of affordable housing as required by this part prior to the time limit on the effectiveness of the redevelopment plan established pursuant to Sections 33333.2 and 33333.6. A legislative body shall not adopt an ordinance terminating a redevelopment project area if the agency has not complied with subdivision (a) of Section 33413 with respect to replacement housing, subdivision (b) of Section 33413 with respect to agency developed housing and project area housing, and Section 33333.12 with respect to excess surplus funds. (b) If, on the date of the time limit on the effectiveness of the redevelopment plan, a redevelopment agency has not complied with subdivision (a), the time limit on the effectiveness of the redevelopment plan shall be suspended and the agency shall use all tax increment funds that we not pledged to repay indebtedness to comply with subdivision (a). If, on the date of the time limit on the repayment of indebtedness, the agency has not complied with subdivision (a), the time limit on the repayment of indebtedness shall be suspended and the agency shall receive and use tax increment funds to comply with subdivision (a). Dissolution of A,ea,; RDA Staff Report Consideration of Consultant Services — Dissolution of Redevelopment Agency Redevelopment Agency Staff Report May 28, 2002 (c) If, on the date of the time limit on the repayment of indebtedness, the agency has complied with its obligations under subdivision (a) and has moneys remaining in the Low and Moderate Income Housing Fund, the agency shall transfer the remaining moneys to a low and moderate income housing fund for a different project area within the agency's jurisdiction, if one exists, or if a different project area does not exist, the agency shall either transfer the remaining moneys to a special fund of the community or to the community or county housing authority. The community or county housing authority to which the remaining moneys are transferred shall utilize the moneys for the purposes of, and subject to the same restrictions that are applicable to, the redevelopment agency under this part. (d) If a redevelopment plan provides a limit on the total amount of tax increment funds that may be received by a redevelopment agency for any project area, and if that limit is reached prior to the agency complying with its obligations pursuant to subdivision (a), that limit is suspended and the agency shall receive and use tax increment funds until the agency has fully complied with its obligations. (e) If an agency fails to comply with its obligations pursuant to this section, any person may seek judicial relief. The court shall require the agency to take all steps necessary to comply with those obligations, including as necessary the adoption of ordinances, to incur debt, to obtain tax increments, to expend tax increments, and to enter into contracts as necessary to meet its housing obligations under this part. a • • s Dissolution of Agency. MA Staff Report Consideration of Consultant Services - Dissolution of Redevelopment Agency Redevelopment Agency StaffRepon May 28, 2002 ATTACHMENT 2 DISSOLUTION OF REDEVELOPMENT AGENCY, THE DAVIS COMPANY, LETTER DATED MAY 15, 2002 Dissolution of Agency.RDA Stuff Report D��S The Davis Co■pany My "AEL Lois ■ CffY OF SEAL BEACH l.a.. D. W nunns MAY 2 0 2002 May 15, 2002 DEPARTMENT OF Mr. Lee Whittenberg DEVELOPMENT SEfl AdES Director of Development Services City of Seal Beach 211 Eighth Street Seal Beach, CA 90740 -6379 DISSOLUTION OF REDEVELOPMENT AGENCY Dear Lee: Regarding the dissolution of the Redevelopment Agency we have reviewed the applicable statutes which are summarized below as well w the Implementation Plan and other materials which were sent to W. Agencv Dissolution/Deactivation Article 4 of the Redevelopment Law (Health and Safety Code sections 33140 et seq.) sets forth the procedure for dissolving and deactivating a redevelopment agency. In order to deactivate the agency, (a) the legislative body most adopt an ordinance making certain findings regarding the redevelopment agency; and (b) the agency must have complied with Health and Safety Code section 33333.8(a). 1. Adoption of Ordinance with Findings The Agency must assemble evidence sufficient to support the findings that must be made prior to deactivating the agency, as set forth in Health and Safety Code Section 33141, namely that: 1. there is no need for the agency to function in the community; 2. the agency has no outstanding bonded indebtedness, or unpaid loans, indebtedness, or advances; 3. the agency has no legally binding contractual obligations with persons or entities other than the community. As an alternative to the findings set forth above, the agency may deactivate itself if the city agrees to assume all outstanding bonded indebtedness unpaid loans indebtedness and advances and all legally binding contractual obligations 2. Compliance with Section 33333 82a1. Pursuant to Section 33333,8(a), every redevelopment agency must comply with and fulfill its obligations with respect to the provision of affordable housing prior to the expiration of the redevelopment plan. Further, an agency may not terminate a project area or deactivate the agency unless the agency has fully complied with Section 33413 with respect to replacement housing, and agency developed housing and project area housing; and with Section 33334.12 with respect to excess surplus funds. ■ DOCS00895566v1Q9999.0000 1601 Response Road, Suite 380, Sacramento, CA 95815 916.567.9510 TEL. 916.567.9540 ens 11150 Santa Monica Blvd., Suite 200, Los Angeles, CA 90025 310.473.1457 TEL. 310.473.3962 ens Redevelooment Plan Termination Before terminating the redevelopment plan, it will be necessary to carefully examine the project implementation documents to ensure that no outstanding debts are impaired. If there is my outstanding debt, the Agency will need to review the agreements accompanying the debt to determine whether there is airy implied or express covenant to keep the project intact, and to continue receiving tax increment. There may also be statutory requirements regarding outstanding debt, although there do not appear to be any provisions in the redevelopment law which specifically tell agencies how to treat outstanding indebtedness upon the termination of an active redevelopment plan; however, in the present case, we assume that along with the concurrent agency deactivation, the city would assume the debt of the redevelopment project after the project is terminated. While the Redevelopment Law does not specifically describe procedure for terminating a redevelopment plan, it does set forth procedures for amendment of redevelopment plans. One procedure may be used for the modification of a redevelopment plan which would change the boundaries of the project area to exclude land from the project area (Health and Safety Code Section 33450 et seq. ). Arguably, the termination of a redevelopment plan is the equivalent of deleting all of the territory from a redevelopment project, so the Redevelopment Agency would anticipate utilizing this procedure for the plan termination. The "Report to City Council" which is required for plan adoptions must also be prepared for the plan amendment and made available to the public prior to the public hearing (Health and Safety Code Section 33457.1). This report includes a wide range of information, including an environmental analysis, fiscal analysis, and other date with respect to the impacts of the proposed plan amendment. The plan amendment must adopted by ordinance of the City Council (Health and Safety Code Section 33450) which contains the applicable findings required for plan adoption ordinances (Health and Safety Code Section 33457.1), and must be transmitted to the County Auditor, County Assessor, affected taxing agencies, and the State Board of Equalization (Health and Safety Code Section 33457). The ordinance should contain the City Council's findings as to why the redevelopment project is no longer necessary, and should specifically direct how any outstanding indebtedness will be assumed Conclusions Having reviewed the Implementation Plan and the associated documents we think that unless the city is willing to assume the financial obligations of the agency as set forth in Health & Safety Code Section 33141 and the housing obligations stated in Section 33333.8(a) the study you requested is not needed and therefore not recommended. Should you decide that you want to consider the impact of these requirements further we would be pleased to submit a proposal for such services to you. Sincerely, James D. Williams Consideration of Consultant Services — Dissolution of Redevelopment Agency Redevelopment Agency StafiReport Mav 18, 2002 ATTACHMENT 3 LETTER PROPOSAL DATED MAY 22, 2002 AND PROPOSAL FOR DISSOLUTION SERVICES, KEYSER MARSTON ASSOCIATES, INC., DATED MAY 2002 Dissolution o[Agmy.RDA Staff Report KEYSER MARSTON ASSOCIATES 500 SOUTH GRAND AVENUE, SUITE 1480 LOS ANGELES, CALIFORNIA 90071 PNONE: 2131622 -8095 PAR: 2131622 -5204 May 22, 2002 Mr. Lee Whittenberg Director of Development Services City of Seal Beach 211 Eighth Street Seal Beach, California 90740 -6379 Re: Supplemental Proposal Dear Mr. Whittenberg: CITY OF SEAL BEACH IN MAY 2OUZ DEPARTMENTOF DEVELOPMENT SERVICES ADY60es M: REAL ESTATE PRO a Vetovx.NT AEEOEUAELE HOUSING ECONOMIC DEVELOPMENT FISCAL IMPACT INFRASTRUCTURE FINANCE VALUATION AEG LITIGATION SUPPORT Lor Angtles Calvin F. Hollis, II Kemleen H. Head James A. Rabe Paul C. Anderson Gregory D. Soo -Hoo San Diego Gerald M. Trimble Paul C. Marra SAN FAANCRCO A. terry Keyser Timothy C. Kelly Kate Earle Frank Robert 1, Wetmore Debbie M. Kern We appreciated the opportunity to meet you and the interview panel yesterday and found it beneficial to have you clarify the City's request for proposals. Pursuant to your request and based upon the additional scope of services requested by the City, Keyser Marston Associates, Inc. (KMA) and Murphy & Davis LLP (M &D) are providing for your review this Supplement Proposal to our original May 10, 2002 proposal for the dissolution of the redevelopment agency. As described below, our team proposes to provide a Phase 1 scope of services outlined in this Supplemental Proposal for a total cost of $11,500. If the Council decides to move forward with the termination of the redevelopment projects and dissolution of the Agency (referred to as Phase 2), these additional services would be the same as those defined in our original scope of services dated May 10, 2002. The exception would be the exclusion of Task 2, Financial Feasibility Analysis that is now being incorporated in the supplemental work scope described below. In addition, M &D would be reviewing the documents and conclusions contained in this Phase 1 Supplemental Scope that will reduce review and consultation time for the Task 4, Report to the City Council outlined in the May 10 proposal. In total, the budget from the original May 10 proposal would be reduced from $8,000 for KMA to $4,500, and for M& D from $6,000 to $4,500. The combined total for both scopes of work (Phase 1 and Phase 2) would be $20,500 as summarized below: PAJ)Z5013XMAPA.gbtl 98800 000 002 Mr. Lee Whittenberg City of Seal Beach May 22, 2002 Page 2 Supplemental Work Scope (Phase 1 Services) KMA and M &D will provide the following Phase 1 scope of services as requested by the City: 1. Prepare a Tax Increment Revenue Projection KMA would conduct a review and analysis of the Agency's two Redevelopment Plans, the Implementation Plan and the Agency's audited financial statements for the most recent fiscal year to analyze the effect of the termination of the Redevelopment Plans. KMA. will identify potential tax increment that would not be accrued if the Plans were terminated. This would include identifying future tax increment that would accrue to the City and other taxing agencies in the absence of the redevelopment projects. The tax increment revenue projection will incorporate assumed future year valuation increases due to new development or property transfers of ownership (if specifically identified by City staff), as well as consideration of plan limitations set forth under existing Redevelopment Law. The projected tax increment revenues will also identify the amount of Housing Set Aside funds that would not accrue under such a scenario. 2. Identify Outstanding Agency Obligations KMA and M &D will review existing Agency obligations and contracts, including bonded indebtedness obligations or repayment of any other financing mechanisms that may be incurred within the Project Area. City staff must provide all background information related to such obligations, including such documentation as the Agency's CIP and annual budgets, audited financial statements, statements of indebtedness, bond debt service payment schedules, owner participation agreements or development and disposition agreements, etc. in which tax increment revenues are obligated. 3. Identify How the Outstanding Agency Obligations will be Funded Upon such review under Task 2 above, KMA and M &D will stale how such outstanding Agency obligations will need to be funded from existing Agency and /or City resources. PA0205013XMA:PA:gW 99900.000 002 KMA M &D Total Phase 1 — Supplemental Proposal $7,000 $4,500 $11,500 Phase 2 — Termination of Projects and Agency (May 10, 2002 proposal, as modified to remove Task 2) $4,500 $4,500 $9,000 Total Budget $11,500 $9,000 $20,500 Supplemental Work Scope (Phase 1 Services) KMA and M &D will provide the following Phase 1 scope of services as requested by the City: 1. Prepare a Tax Increment Revenue Projection KMA would conduct a review and analysis of the Agency's two Redevelopment Plans, the Implementation Plan and the Agency's audited financial statements for the most recent fiscal year to analyze the effect of the termination of the Redevelopment Plans. KMA. will identify potential tax increment that would not be accrued if the Plans were terminated. This would include identifying future tax increment that would accrue to the City and other taxing agencies in the absence of the redevelopment projects. The tax increment revenue projection will incorporate assumed future year valuation increases due to new development or property transfers of ownership (if specifically identified by City staff), as well as consideration of plan limitations set forth under existing Redevelopment Law. The projected tax increment revenues will also identify the amount of Housing Set Aside funds that would not accrue under such a scenario. 2. Identify Outstanding Agency Obligations KMA and M &D will review existing Agency obligations and contracts, including bonded indebtedness obligations or repayment of any other financing mechanisms that may be incurred within the Project Area. City staff must provide all background information related to such obligations, including such documentation as the Agency's CIP and annual budgets, audited financial statements, statements of indebtedness, bond debt service payment schedules, owner participation agreements or development and disposition agreements, etc. in which tax increment revenues are obligated. 3. Identify How the Outstanding Agency Obligations will be Funded Upon such review under Task 2 above, KMA and M &D will stale how such outstanding Agency obligations will need to be funded from existing Agency and /or City resources. PA0205013XMA:PA:gW 99900.000 002 Mr. Lee Whittenberg May 22, 2002 City of Seal Beach Page 3 4. Describe How the Unspent Bond Proceeds can be Spent M &D will review bond resolutions and provide a description of limitations imposed upon the $2.3 million in unspent tax- exempt net bond proceeds currently on deposit with the Agency. 5. Describe How Existing Housing Penalties can be Funded City staff has indicated that there is a $600,000 affordable housing penalty imposed upon the Agency. KMA & M &D will state how this obligation will need to be funded from existing Agency and /or City resources. 6. Disposition of Existing Agency -Owned Properties M &D will state what will be required to dispose of existing Agency -owned properties if the Projects are terminated and the Agency is dissolved. Specific properties will be provided by City staff. Deliverables KMA and M &D will require a minimum of four (4) weeks to complete the memorandum of conclusion related to the scope of services outlined above, the timing of which will commence at such time that all of the required background documentation is provided to KMA and M &D by the City staff and a signed authorization to proceed letter is transmitted by the City, whichever is later. Fee Amount (Phase 1) KMA and M &D propose to complete the Phase 1 tasks outlined above for a fixed -fee of $11,500, including expenses. This includes a budget of $7,000 for KMA and $4,500 for M &D. The fee amount includes attendance at two (2) meetings: (a) a first meeting with City/Agency staff to review the process and obtain background information, and (b) a second meeting to present the conclusions of the speck items noted in the scope of services above. Additional Services Any additional research, document review, analysis or meeting time not included in the scope of services outlined above, will be billed as Additional Services at the hourly rates listed below. PA020W11KMA:PA'.gW 88800 000.002 Mr. Lee Whittenberg City of Seal Beach KEYSER MARSTON ASSOCIATES, INC. HOURLY FEE SCHEDULE May 22, 2002 Page 4 Directly related job expenses not included in the above rates are: auto mileage, air fares, hotels and motels, meals, car rentals, taxies, telephone calls, delivery, electronic data processing, graphics and printing. Directly related job expenses will be billed at 110% of cost. Monthly billings for staff time and expenses incurred during the period will be payable within thirty (30) days of invoice date. A charge of I% per month will be added to all past due accounts. . Rates for individuals in these categories will be increased by 50% for time spent in court testimony. MURPHY & DAVIS, LLP HOURLY FEE SCHEDULE Attorneys........................................................................... ..............................$ 175.00 Paralegals............................................................. ............................... $75.00- $95.00 Extraordinary expenses, such as courier services and express mail, are separately itemized and billed. Routine expenses, such as long distance telephone calls, copying, postage, etc., are not separately itemized but are covered by a two percent (2 %) administrative charge added to each billing. PA02 13KMAPA:9W 99900.000 002 2002 A. JERRY KEYSER' .................................................. ............................... $ 210.00 MANAGING PRINCIPALS' ......................................... ............................... $ 200.00 PRINCIPALS' ............................................................. ............................... $185.00 MANAGERS' .............................................................. ............................... $155.00 SENIOR ASSOCIATES .............................................. ............................... $140.00 ASSOCIATES............................................................. ............................... $120.00 SENIOR ANALYSTS ................................................... ............................... $105.00 ANALYSTS.................................................................. ..............................$ 90.00 TECHNICALSTAFF .................................................... ..............................$ 72.50 ADMINISTRATIVE STAFF ........................................... ..............................$ 57.50 Directly related job expenses not included in the above rates are: auto mileage, air fares, hotels and motels, meals, car rentals, taxies, telephone calls, delivery, electronic data processing, graphics and printing. Directly related job expenses will be billed at 110% of cost. Monthly billings for staff time and expenses incurred during the period will be payable within thirty (30) days of invoice date. A charge of I% per month will be added to all past due accounts. . Rates for individuals in these categories will be increased by 50% for time spent in court testimony. MURPHY & DAVIS, LLP HOURLY FEE SCHEDULE Attorneys........................................................................... ..............................$ 175.00 Paralegals............................................................. ............................... $75.00- $95.00 Extraordinary expenses, such as courier services and express mail, are separately itemized and billed. Routine expenses, such as long distance telephone calls, copying, postage, etc., are not separately itemized but are covered by a two percent (2 %) administrative charge added to each billing. PA02 13KMAPA:9W 99900.000 002 Mr. Lee Whittenberg City of Seal Beach May 22, 2002 Page 5 As stated in our original proposal, our team will work with City staff to ensure the process will proceed in a timely manner. We appreciate the opportunity to submit this Supplemental Proposal and areavailable to answer any questions you may have regarding the scope of services outlined'hereln: Sincerely, WSEOR RSTON ASSO CIATES, INC. o Principal PM45013.KMAPA gbd 9 %00.000 002 MURPHY & DAVIS, LLP C. Nicole Murphy Attorney at Law K E Y S ER M A R S T O N ASSOCIATES INC. AnvrsaenN: - 500 SOUTH 6MN0 AVENUE, SUITS IISO REAL ESTATE REDEVELOPMENT LOS AND.LEE, CALIPORNIA 90071 AAOEDAELE HOUEMO li% NS: 2131622-8095 ECONOMIC DEVELOPMENT FAX : 2131622-5204 FIECAL IMPACT INPEASTEUCTURE FINANCE VALUATION No LRIGATION SOPPOAT ' Loa A.'slaa May 10, 2002 - Calvin E. Hollis, 11 Kaable.n H. Hutl ].mo A. Rabe PEW C. AEdenan Gregory D. Seo -Hoe Mr. Lee Whittenberg Director of Development Services San Di"o Ge1.1d M. Ta;mnl. City of Seal Beach Rnb." J. W'.S. 211 Eight Street FEW C. M. ". Seal Beach, California 90740 -6379 SAM FA,4 0 A. Jerry Keyser Tlmowy C. Keay Re: Proposal Services for Dissolution of Redevelopment Agency Kate E.rle Funk Debbie M. Kern Dear Mr. Whittenberg: Keyser Marston Associates, Inc. (KMA) and Murphy & Davis, LLP (M &D) are pleased to submit this team proposal to provide services to the City of Seal Beach. The proposed scope of services provides for feasibility impact analysis and 'full" services to assist the City in terminating the City's two redevelopment projects and dissolving the City's Redevelopment Agency. Our team will work closely with staff to ensure the process will proceed in a timely manner, which we anticipate to be completed in three months. We appreciate the opportunity to submit this proposal and hope to work with the City. Feel free to call us with any questions or comments at (213) 622 -8095. Sincerely, KEYSER MARS�TOON ASSOCIATES, INC. P . Anderson nc coal CITY OF SEAL BEACH MAY 1 s 2002 DEPARTMENT OF pEVELOPMENT SERVICES PA020603381M:PAae 9EEW.p33.�yytOg2 MURPHY && DDAVVIS,`LLP C. Nicole Murphy Attorney at Law TABLE OF CONTENTS I. QUALIFICATIONS AND EXPERIENCE ............................................. ...........................::.1 A. KEYSER MARSTON ASSOCIATES ................................... ............................... 1 B. MURPHY & DAVIS, LLP ..................................................... ............................... 2 II. SCOPE OF SERVICES ...................................................................... ..............................4 A. BENEFIT /DETRIMENTFEASIBILTIYANALYSIS OF TERMINATIONAND DISSOLUTION...................................................................................... ............................... 4 Task 1 — Blight Analysis - KMA ......................................................... ............................... 4 Task 2 — Financial Feasibility Analysis - KMA .................................... ............................... 5 B. DOCUMENT PREPARATION AND REVIEW ..................... ............................... 5 Task 1— Schedule of Actions - M& D .................................................. ............................... 5 Task 2 — Resolutions, Notices, Ordinance, and Responses to Written Objections — M &D andKM A ............................................................................. ............................... 5 Task 3 — Mailing Notices and Labels - KMA ....................................... ............................... 6 Task 4 — Report to City Council - KMA ............................................... ............................... 6 C. MEETING ATTENDANCE ................................................... ..............................6 III. SCHEDULE ....................................................................................... ..............................7 IV. BUDGET .............................................. ... e Agency Dissolution Services Proposal City of Seal Beach Page 1 QUALIFICATIONS AND EXPERIENCE A. KEYSER MARSTON ASSOCIATES Keyser Marston Associates, Inc. (KMA) is a full service real estate financial, redevelopment and economic consulting firm specializing in real estate advisory and evaluation services, redevelopment services, and financial analyses. KMA has been serving public agencies and private clients for over 25 years and has one of the largest real estate and redevelopment advisory practices on the West Coast. The majority of KMA assignments involve long- standing client relationships with city and county governments, including many of California's largest redevelopment agencies. KMA's services fall within the following general areas: • Real Estate Redevelopment • Economic Development Infrastructure Finance • Affordable Housing Fiscal Impact • Valuation & Litigation Support Since 19 * 73, KMA has been providing redevelopment plan adoption, economid and real estate cnsulting assistance to cities and redevelopment agencies throughout California. The increased complexities of redevelopment and publidprivate real estate transactions demands strong technical skills in real estate, economics, redevelopment implementation and public finance. The firm uniquely possesses this combination of skills. We believe that our firm is uniquely qualified to assist the City of Sacramento through bringing state -of- the -art knowledge concerning project implementation and real estate development into the process. Some of the reasons include: Over 20 years experience in assisting all levels of public sector clients throughout the State in redevelopment project implementation services, public financing, real estate market and evaluation services, and developer selection and negotiation. A unique integration of real estate expertise, redevelopment practice, and a strong public finance background, resulting in fiscal and economic analyses appropriate for redevelopment plan feasibility studies, implementation, fiscal consultant due diligence analysis, and affordable housing financial services. Commitment of principals who are recognized leaders in redevelopment throughout California. The philosophy and structure of our firm results in clients having maximum direct contact with principals. Agency Dissolution Services Proposal City of Seal Beach Page 1 KMA's ability to be cost effective for our clients given our ability to provide comprehensive services relating to market and financial feasibility, economic analysis, direct implementation experience and public finance without the need for multiple consultants. The increased complexities of redevelopment and real estate transactions demand a strong technical understanding of real estate, redevelopment finance and a keen understanding of California Community Redevelopment Law. The fine possesses this unique combination of skills. The combined knowledge and expertise in these areas has resulted in KMA's ability to provide services, which not only comply with the current policies and practices pertaining to redevelopment, but also are based on a fundamental understanding of real estate markets, valuations and financing. B. MURPHY & DAVIS, LLP Murphy & Davis, LLP (M &D) was established in 1999 to provide legal services to public and private clients in the greater Sacramento area and throughout the State of California. Building on years of experience in Sacramento area law firms and local government, the partners of Murphy & Davis, LLP provide their clients the benefits of seasoned expertise and a thorough understanding of their practice areas. As a small firm, they are able to provide such expertise with a level of responsiveness and flexibility that is uncommon in larger firms. The attorneys at M &D are active in their respective professional associations and trade groups, and contribute as speakers and officers, or publish in trade journals and legal publications. M &D represents redevelopment agencies in both northern and southern California. The practice of one of the firm's partners, C. Nicole Murphy, is focused in redevelopment and related fields such as affordable housing, CECA, eminent domain, general municipal and local agency law, and residential and commercial real estate development. Before founding the firm in 1999, C. Nicole Murphy worked in redevelopment for over 20 years, first at the Sacramento law firm of McDonough, Holland and Allen, and then in the Law Offices of C. Nicole Murphy. Ms. Murphy's background and experience covers virtually all aspects of redevelopment and related activities, beginning with the creation of redevelopment agencies and the adoption, amendment, or merger of redevelopment projects. The breadth and depth of Ms. Murphy's experience allows her to be sufficiently responsive to provide daily advice and opinions concerning procedural and substantive activities, including Brown Act and Public Records Act issues affecting the daily operation of agencies. Ms. Murphy has successfully assisted in the implementation of hundreds of redevelopment projects and programs from the negotiation and preparation of acquisition and disposition agreements with owners and developers for housing, retail, office and industrial Agency Dissolution Services Proposal City of Seal Beach Page 2 developments (both new construction and rehabilitation projects, and ranging from a single housing unit to major catalyst projects) to workouts and enforcement for troubled projects. Ms. Murphy is also experienced in litigation involving the validity of redevelopment plans, project activities and environmental determinations; condemnation actions; and assessment district foreclosure proceedings. Representative redevelopment clients include Cupertino, Folsom, Hawthorne, Sacramento and San Pablo. Agency Dissolution Services Proposal City of Seal Beach Page 3 it. SCOPE OF SERVICES Keyser Marston Associates, Inc. (KMA) and Murphy & Davis, LLP (M &D) propose to provide redevelopment plan services to the City of Seal Beach to identify the financial impacts and affects on the remaining blighting. conditions (if any) resulting from the termination of the City's two redevelopment projects-and dissolution of the City's Redevelopment Agency. Assuming the City determines to proceed with the termination of the redevelopment projects and dissolution of the Agency, KMA and M &D will also provide the documentation and assist the City in the legal process related to these actions. KMA and M &D have worked successfully together in the past on redevelopment plan adoptions and amendments, and as such can provide the City with well- integrated documents within a timely manner. The California Community Redevelopment Law does not contain specific procedures for the early termination of a redevelopment plan, but does contain procedures for amending a redevelopment plan. The early termination of a redevelopment plan is akin to an amendment shortening the life of the plan M &D would be responsible for the overall coordination of the study and termination /dissolution process including preparing and monitoring a schedule of actions, reviewing the report accompanying the proposed termination of the projects and preparing resolutions and ordinances . required in connection with terminating the redevelopment projects and dissolving the Agency. KMA would analyze the financial impacts of terminating the redevelopment projects including addressing remaining blight. A. BENEFIT/ DETRIMENT FEASIBILTIY ANALYSIS OF TERMINATION AND DISSOLUTION Task 1 — Blight Analysis - KMA Based upon the findings in the Implementation Plan and discussions with Agency staff KMA will prepare a description of the remaining blighting conditions in the Project Areas and how these remaining blighting conditions are anticipated to be alleviated following the termination of the redevelopment projects the existing implementation plan. This analysis will be presented to staff at the completion of the feasibility analysis. Assuming that the Council determines to proceed with the termination of the Redevelopment Plans and dissolution of the Agency, this analysis will be incorporated into a report to be considered by the Agency and Council in connection with their actions. Agency Dissolution Services Proposal City of Seal Beach Page 4 Task 2 — Financial Feasibility Analysis - KMA KMA would conduct a review and analysis of the Agency's two Redevelopment Plans, the Implementation Plan and the Agency's audited financial statements for the most recent fiscal year to analyze the effect of the termination of the Redevelopment Plans. KMA will identify potential tax increment that would not be accrued if the Plans were terminated. This would include identifying future taxes that would accrue to the City in the absence of the redevelopment projects. The tax increment revenue projection will incorporate assumed future year valuation increases due to new development or property transfers of ownership specifically identified by Agency staff, as well as consideration of plan limitations set forth under existing Redevelopment Law. The projected tax increment revenues will also be subject to set asides for Low and Moderate Income Housing and allocations to affected taxing entities. KMA would also identify remaining obligations and contracts. This may include repayment of bonded indebtedness or repayment of any other financing mechanisms that may be incurred within the Project Area. Agency staff must provide all background information related to such obligations, including such documentation as the Agency's CIP and annual budgets, audited financial statements, statements of indebtedness, bond debt service payment schedules, owner participation agreements or development and disposition agreements, etc. in which tax increment revenues are obligated. B. DOCUMENT PREPARATION AND REVIEW Task 1 — Schedule of Actions - M &D M &D will prepare a schedule of actions identifying all activities required by law leading to the termination of the Redevelopment Plans and the dissolution of the Agency. The schedule lists actions, responsible parties, scheduled dates and documents to be prepared. This includes schedule updates as necessary. Task 2 — Resolutions, Notices, Ordinance, and Responses to Written Objections — M &D and KMA M &D would prepare all required resolutions and ordinances, together with affidavits of mailing and a procedural outline for the conduct of joint and concurrent public hearings to consider termination of the Plans. M &D will prepare these documents for staff's use. Together M &D and KMA will prepare responses to written objections to the proposed terminations of the Plans and dissolution of the Agency (if any). Agency Dissolution Services Proposal City of Seal Beach Page 5 Task 3 — Mailing Notices and Labels - KMA KMA will prepare required public notices and provide Agency staff with mailing labels for mailing public notices to property owners, taxing agencies and others, as appropriate, to be noted of the termination of the redevelopment plans and dissolution of the Agency. Using the County Assessor data for the Project Areas, KMA will prepare mailing labels and the associated list to be used for the distribution of the joint public hearing notice for owners. Existing Agency occupant lists or Assessor site addresses will be used for the occupant mailing list. For staffs reference and use, KMA will also provide staff with a hard copy of the list of taxing agencies, owners and occupants and an electronic file. Task 4 — Report to City Council - KMA KMA would prepare a report of the Agency to the City Council describing the reasons for terminating the Redevelopment Plans and dissolving the Agency, as well as information and analysis necessary to support determinations by the City Council that the conditions precedent to termination of the Plans and dissolution of the Agency have been satisfied (i.e., no outstanding indebtedness or contractual obligations, completion of all required affordable housing activities). M &D will consult with KMA concerning the preparation of the report, including review of background materials and review of a draft of the report, as appropriate. C. MEETING ATTENDANCE Both KMA and M &D would attend an initial meeting withCity /Agency staff to review the process and obtain background information and materials and would attend the joint and concurrent public hearings. Agency Dissolution Services Proposal City of Seal Beach Page 6 III. SCHEDULE It is anticipated that the process could be accomplished within a three -month time period:. - Month 1 would involve the initial meeting with staff, review and analysis of background information and materials, and preparation of the feasibility analyses and report of the Agency to the City Council. • Month 2 would involve actions of the Planning Commission (reporting on the proposed Plan terminations), Agency and City Council (approving/receiving the Agency's report and setting joint and concurrent public hearings to consider the Plan terminations). • Month 3 would involve noticing and conducting the joint and concurrent public hearings, and the final actions on the ordinances terminating the Plans and dissolving the Agency. Agency Dissolution Services Proposal City of Seal Beach Page 7 IV. BUDGET KMA and M &D propose to complete the tasks outlined in Section I for a fixed fee of $14,000, including expenses. This includes a budget of $8,000 for KMA and $6,000 for M &D. Additional services beyond those identified in the scope would be billed at the hourly rates listed below. KEYSER MARSTON ASSOCIATES, INC. HOURLY FEE SCHEDULE A. JERRY KEYSER' ................................. MANAGING PRINCIPALS * ........................ PRINCIPALS' ............. ............................... MANAGERS' .............. ............................... SENIOR ASSOCIATES .............................. ASSOCIATES ............. ............................... SENIOR ANALYSTS ... ............................... ANALYSTS................. ............................... TECHNICAL STAFF .... ............................... ADMINISTRATIVE STAFF ......................... 2002 Directly related job expenses not included in the above rates are: auto mileage, air fares, hotels and motels, meals, car rentals, taxies, telephone calls, delivery, electronic data processing, graphics and printing. Directly related job expenses will be billed at 110% of cost. Monthly billings for staff time and expenses incurred during the period will be payable within thirty (30) days of invoice date. A charge of 1 % per month will be added to all past due accounts. . Rates for individuals in these categories will be increased by 50% for time spent in court testimony. MURPHY & DAVIS, LLP HOURLY FEE SCHEDULE Attorneys........................................................................... ..............................$ 175.00 Paralegals............................................................. ............................... $75.00- $ 95.00 Extraordinary expenses, such as courier services and express mail, are separately itemized and billed. Routine expenses, such as long distance telephone calls, copying, postage, etc., are not separately itemized but are covered by a two percent (2 %) administrative charge added to each billing. Agency Dissolution Services Proposal City of Seal Beach Page 8 KEYSER MARSTON EXPERIENCE A complete description of KMA's experience is provided on the following pages. The clients and project descriptions illustrate the range of projects of completed throughout California. Agency Dissolution Services Proposal City of Seal Beach Page 9 N C N E a E Q C R �a E c am o N d C > o v c OQ D1 C �a N J y lm 7 Vl rw N IL W K ZOT W K �0p 22F. LL„ Q W C p i Jf <W a aar' Z �f pJ ZZZ ¢FJ 6QR ' C F. 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X x x X J' R z LLa z Z 0 K Z Q o E w W= 0 1 O J O ❑ JW J U U g Z 0 O O O P J ZLL � �< Vz U� i g y 2 N , , d F O LLH O W O,O F w~ Z < n U W J O O WW Z Y Z < w J❑< J O 0 O 0 Z 6 Z Z OZ O O Z w w w< n U i 5w 2 o w w w w w w w w w w w w _p ✓ W W W W W W w W W w W W W W W Z Z Z Z Z Z Z Z Z Z g Z m Z d Z x Z O a C7 O U ' U ' - U ' - (7 - V ' - 0 - 0 -0 - U' - 0 ,.ON O O O O O O O O O O O O O O F�w U p Wf> 'o � ^ Eo rc�rc awC a � a E ws v � v mQ E!5 @J W ` 4 � � O a ro �g FL a� E o° d �a a � u m T >+ ¢FF d S m pU 'y p �K 2 Q x m J Y O n a o 'a n v 5 rtsi � d i awN C COMPREHENSIVE PROJECT LIST City of Hawthorne, Hawthorne Redevelopment Agency Plan Amendment Evaluation. KMA was called upon by the Agency's special legal counsel to provide an evaluation of economic blight in the wake of a ruling by the Superior Court in San Bernardino County that the blight analysis prepared by an earlier consultant to the Agency was defective, resulting in invalidation of an amendment to the Redevelopment Plan (Centinela Valley Union High School District, at al., vs. Community Redevelopment - Agency of the City of Hawthorne, at al). 2. City of San Diego, Centre City Development Corporation, Merged/Expanded Redevelopment Project. KMA assisted the CCDC in the two-year plan amendment adoption process for a merged /expanded Centre City Redevelopment Project. Adopted in April 1992, the +1,500 -acre project encompasses virtually all of downtown San Diego, including three existing project areas. KMA's role in the plan adoption process included preparation of market demand and land use absorption forecasts for office, hotel, retail, and multi- family; detailed analysis of economic blight conditions in the expansion area; and participation in fiscal review with affected local taxing agencies. The plan amendment and merger was adopted in April 1992. 3. City of San Diego, San Diego Redevelopment Agency, City Heights Project Adoption. KMA worked closely with the Redevelopment Agency of the City of San Diego to adopt a redevelopment plan for the 2,062 -acre City Heights project. KMA prepared fiscal impact analysis for the affected local taxing agencies and responded to the agencies' impact statements and comments on the Draft EIR. KMA also participated closely in fiscal review and assisted the Agency in negotiations with the taxing agencies. The redevelopment plan was adopted in April 1992. 4. City of Stockton, Stockton Redevelopment Agency, Eastland Plaza Feasibility Study. KMA evaluated the feasibility of adopting a redevelopment plan for a depressed area east of downtown Stockton. The area was proposed for development of a large supermarket anchored retail center. KMA's assignment was to define the market context for revitalization of the surrounding area's run-down housing stock, which was negatively impacted by adjacent industrial uses. The redevelopment plan was adopted in 1990. 5. City of South San Francisco, South San Francisco Redevelopment Agency, El Camino Corridor. KMA was the lead consultant in providing full plan adoption services. Key in the blight determination was the effect of irregular, shallow, and narrow parcel configurations had on development opportunities. Additionally, market analysis techniques were employed to establish the range of land uses to be permitted . under the redevelopment plan. The redevelopment plan was adopted in 1993. 6. City of Los Angeles, Los Angeles Community Redevelopment Agency, Crenshaw CD -8, Broadway- Manchester, CD -9 Corridors, Watts Corridor, Mid City, Western /Slauson, Wilshire Center /Koreatown, Westlake Recovery Redevelopment Plan Adoption Economic Blight Assessments for Civil Disturbance Disaster Projects. KMA was retained to provide support to LACRA staff in plan adoption of a Agency Dissolution Services Proposal City of Seal Beach Page 10 major amendment to an existing redevelopment plan and adoption of eight new projects in central and south - central Los Angeles. KMA prepared the economic blight analysis, documenting high levels of vacancy, high crime rates, stagnant property values, and the general economic decline in the area. KMA also advised Agency staff in matters pertaining to the impacts of AB 1290 on plan adoption procedures and documents, the Agency's earthquake recovery projects, and other matters. The redevelopment plans were adopted in 1995 and 1996. City of Santa Rosa, Santa Rosa Redevelopment Agency, Railroad Square Redevelopment Feasibility Analysis. KMA conducted a feasibility analysis for the use of redevelopment within an old industrial area near the Railroad Square commercial district of Santa Rosa. The area under study consisted of an old railroad station, brick warehouses in need of structural upgrades, property contaminated with hazardous wastes from past uses, inadequate infrastructure, and older residential pockets. The key question was whether sufficient increment would be generated to substantially contribute to solving the problems in the area, particularly in light of the AB 1290 mandatory tax - sharing schedule. The results of the survey indicated that the project was not financially feasible and was not pursued. a. City of Los Angeles, Redevelopment Agency of the City of Los Angeles, Assess- ment of Barriers to Earthquake Recovery. KMA assessed the potential economic barriers to a general economic recovery within the San Fernando Valley and Hollywood areas following the Northridge earthquake. The study included information regarding the general state of the local economy prior to and since the earthquake, existing market trends within the affected areas, and specific economic problems that emerged as a direct result of the earthquake. This information was compiled to assist the LACRA in focusing their efforts to stimulate reconstruction in heavily impacted areas, including the ultimate adoption of five recovery projects in January 1995. 9. Sacramento Housing and Redevelopment Agency, Mather Air Force Base. KMA acted as lead consultant to the Sacramento Redevelopment Agency to undertake redevelopment of their Mather Air Force Base site, as proposed under special legislative authorization. Specific responsibilities include an analysis of economic blighting conditions in the proposed project area, financial feasibility analysis and coordination of document preparation by the plan adoption team of consultants. The redevelopment plan was adopted in 1995. 10. City of Oakland, Oakland Redevelopment Agency, Coliseum Redevelopment Project. KMA lead a large -scale effort to define and quantify the blighting conditions for a +6,000 -acre Project in a mixed -use area of Oakland. Analysis included physical and economic blight, utilizing geographic information system graphics to demonstrate the incidence and prevalence of blight. KMA also analyzed the financial feasibility of the Redevelopment Plan. The Project was adopted in August 1995. 11. City of Fresno, Fresno Redevelopment Agency, Roeding Business Park Redevelopment Project. KMA was lead consultant assisting and advising in the adoption of the Redevelopment Plan for the Roeding Business Park Redevelopment Project. The Project Area includes a large underutilized area (1,200 acres) which has long been designated as a light industrial area of the City. Responsibilities included Agency Dissolution Services Proposal City of Seal Beach Page 11 overall coordination, scheduling and management of adoption activities, preparation of required reports including preliminary report and report to city council, review of documents, and consultations with taxing entities. The redevelopment plan was adopted in July 1996. 12. City of San Diego /Southeastern Economic Development Corporation, Central Imperial Amendment No. 2. KMA assisted in an amendment to the Central Imperial Redevelopment Plan. The amendment proposed to add territory to an existing redevelopment project with the objective of facilitating development of underutilized land for neighborhood - serving commercial uses to benefit a large undeserved community. KMA's role involved a market assessment for commercial uses, scheduling adoption activities, conducting physical and economic blight studies, preparing tax increment projections, conducting the financial feasibility analysis, and advising on project area committee expansion. The plan amendment was adopted in November 2000. 13. City of Fresno, Fresno Redevelopment Agency, Redevelopment Plan Adoption and Merger (Merger #1 and Merger #2). KMA assisted the City of Fresno with the adoption of two new redevelopment plans and the merger of 10 existing redevelopment projects into two separated merged project areas. Redevelopment efforts are intended to assist the City with plans to achieve revitalization of the downtown area and position it as a vital regional center serving both Fresno and the San Joaquin Valley. Merger #1 was adopted in 1998 and Merger #2 was adopted in 1999. 14. City of Oxnard, Oxnard Community Development Commission, Historic Enhancement and Revitalization of Oxnard (HERO) Redevelopment Project. KMA assisted the City of Oxnard with adoption of a 2,400 -acre redevelopment project that encompasses much of the older commercial and industrial areas of the City. The objective of the redevelopment project is to facilitate the revitalization of key commercial corridors and older industrial areas suffering from incompatible adjacent uses and economic decline. KMA prepared the economic and physical blight analysis, the Preliminary Report, the Report to Council, and provided scheduling, project coordination and consultation to the agency on issues related to project feasibility and implementation. The redevelopment plan was adopted in 1996. 15. City of San Francisco, San Francisco Redevelopment Agency, Transbay Redevelopment Project. In an assignment for the Agency, KMA worked on the adoption of the proposed Transbay Redevelopment Project in downtown San Francisco. Consultation services included review of blight issues impacting the Transbay area, preparation of a Blight Report, analysis of the private sector economics for the Concept Plan, and evaluation of the proposed project's financial feasibility. Plan adoption is pending. 16. City of Novato, Novato Redevelopment Agency, Hamilton Army Airfield. KMA's experience in affordable housing strategies and military base conversion and disposition - played a key role in the conveyance process of 1,500 homes on the Hamilton Army Airfield from military to civilian use, KMA's role continued into the adoption of a redevelopment plan for the Airfield. While the reuse of the historic military installation presented the City with opportunities, existing facilities were obsolete and has limited reuse potential. The base infrastructure didn't comply with city requirements or typical Agency Dissolution Services Proposal City of Seal Beach Page 12 urban standards. KMA was able to assist the City in developing a financially feasible redevelopment plan while guiding the City through the redevelopment adoption process under the military conversion chapter of the California Redevelopment Law. The redevelopment plan was adopted in March 1998. 17. City of Citrus Heights, Community Redevelopment Agency Commenced Corridor Redevelopment Project. KMA assisted in adoption of the City's commercial corridors as a redevelopment project area. The Project Area contained approximately 557 acres and included commercial, residential and light industrial uses. Following incorporation in 1997, the City had assumed responsibility of providing basic government services to the community. Due to the City's relatively low portion of the basic one - dollar tax rate (less than 10 percent), the City relied heavily on its main revenue source, sales tax revenue to support service costs. This revenue source had declined in resent years and was threatening the City's economic health and development. Because of the City's significant reliance on sales tax revenue and challenges to the City's existing commercial infrastructure from existing and proposed malls, it was critical to the City's long -term financial health that the existing revenue from commercial development be preserved and enhanced. The redevelopment plan was adopted in June 1998. 18. City of Commerce, Commerce Community Development Commission, Project No. 4. The Commerce Community Development Commission selected KMA to conduct a series of studies to examine the possibility of establishing a fourth redevelopment project to continue Commerce's strong redevelopment efforts aimed at converting old manufacturing facilities into modern industrial sites. KMA conducted a market assessment examining the greater Los Angeles industrial region. The assessment of the local market included a rental survey and examination of industrial building inventory by classification and quality. KMA conducted a financial feasibility analysis and blight survey and presented staff with a boundary recommendation. Following the conclusion of the feasibility study, KMA assisted the Commission with the adoption project including preparing the major documents including, Preliminary Report and Report to Council, and assisting in project management. The redevelopment plan was adopted in July 1998. 19. City of San Francisco, San Francisco Redevelopment Agency, South Bayshore Redevelopment Plan Feasibility Study. Keyser Marston assessed the feasibility of adopting a redevelopment project area in the South Bayshore area of San Francisco. The study included documenting physical and economic blight conditions, recommending project area boundaries, developing a multi -year financial model for the project, preparing an implementation plan and documentation and plans necessary for adoption of the project area. The plan adoption is still pending. 20. City of San Francisco, San Francisco Redevelopment Agency, Bayview /Hunters Point Redevelopment Plan Amendment. KMA assisted the Agency with assessing the feasibility of the proposed Bayview /Hunters Point Amendment. In coordination with .- the Agency, KMA conducted a large -scale effort to define, quantify, and document economic blight conditions for a 2,538 -acre residential, commercial, and industrial area in San Francisco. In addition, Keyser Marston prepared the tax increment projections and analyzed the financial feasibility of the proposed plan. The plan amendment is pending. Agency Dissolution Services Proposal City of Seal Beach Page 13 21. City of San Jose, San Jose Redevelopment Agency, Civic Plaza Redevelopment Project. KMA assisted the San Jose Redevelopment Agency with the adoption of a redevelopment plan encompassing a seven -block area with the downtown area selected as the location for the return of the City's civic center to the downtown core as a catalyst to downtown revitalization within a blighted area. KMA analyzed project area physical and economic conditions and the financial feasibility of establishing a redevelopment plan. KMA's plan adoption services included preparation of the Preliminary Report, coordination of the overall adoption process, scheduling, assistance with Project Area Committee formation, and support to Agency staff. The redevelopment plan was adopted in June of 1999. 22. City of Los Angeles, Redevelopment Agency of the City of Los Angeles, Northeast San Fernando Valley Redevelopment Project. KMA assisted the Agency with preparation of the blight analysis for the 6,700 -acre redevelopment project which largely overlays the existing Pacoima/Panorama City Earthquake Disaster Assistance Project. The purpose of the Project was to assist the City in revitalizing major commercial corridors and redeveloping underutilized industrial areas of the San Fernando Valley. KMA also conducted the blight field survey, prepared and managed the project area database, and preparing the Preliminary Report. KMA's work was completed in October 1999. Due to a lack of political support, the adoption of the redevelopment plan was not pursued. 23. City of Indio, Indio Redevelopment Agency, Redevelopment Plan Adoption and Merger. KMA assisted the City of Indio with the merger of two existing redevelopment projects within the City and the addition of over 2,800 acres to create a merged project area. The merged redevelopment project will assist the City in achieving its goal of supporting the development of new industrial and commercial businesses, creating jobs, and alleviating stagnant business conditions within City boundaries. KMA's services included performing an initial feasibility study to evaluate whether the territory to be added would meet the blight and urbanization requirements in the redevelopment law. Subsequent services included project coordination, scheduling, preparation of all key documents (redevelopment plan, preliminary report and report to city council), blight analysis for both the added area and the existing projects, and preparation and coordination of the EIR. The amendments were adopted in November 1999. 24. City of Sacramento, Sacramento Housing and Redevelopment Agency, Northgate Feasibility Study. KMA completed an economic feasibility study to assist the Agency in determining whether or not to move forward with a plan adoption. The area being considered includes commercial corridors primarily developed with strip center uses and adjacent residential areas. A key factor in the analysis was the potential development that could be generated from a vacant area that would provide the revenues to rehabilitate the larger project area. KMA prepared a tax increment projection based upon historic assessed value growth trends and anticipated development projects. The potential projects included auto mall, retail power center and light industrial development. The Agency is in the process of adopting the redevelopment plan. Agency Dissolution Services Proposal City of Seal Beach Page 14 25. City of Santa Rosa, Santa Rosa Redevelopment Agency, Southwest Redevelopment Project. KMA assisted the Santa Rosa Redevelopment Agency with the adoption of the Southwest Redevelopment Project. The Southwest Project Area consisted of two noncontiguous areas totaling approximately 2,006 acres of primary residential uses with a corridor of commercial uses and a few pockets of industrial. development. In an attempt to move forward with revitalization of the Southwest Area, the City and County agreed to work cooperatively in a joint redevelopment project to bring about a comprehensive redevelopment plan for Southwest Area. In addition to preparing the major documents supporting the blight and financial feasibility findings, KMA worked extensively with Agency staff in the community participation process. Community outreach meetings were held before the adoption process was formally started. Also, the Agency formed a Project Area Committee. KMA prepare the materials necessary to form the PAC as well as conducted the PAC election. The Project was adopted in June 2000. 26. City of Cupertino, Cupertino Redevelopment Agency, Repositioning of the Vallco Fashion Park. KMA assisted the City of Cupertino in the adoption of a redevelopment project to revitalize the 1.4 million square foot Vallco Fashion Park. KMA prepared the blight and financial analysis to determine the eligibility and financial benefit of including the mall in a redevelopment project. The 22- year -old mall for the most part has become functionally obsolete. The mall began to decline in 1996 with the dosing of the Emporium department store, one of the mall's three anchors. Following the departure of the Emporium the vacancy rate of the mall climbed to 25% while retail sales declined by 20 %. This is a particular problem for the City of Cupertino because the Valloo Fashion Park has historically generated 30% of the City's total retail sales tax. Redevelopment is being considered as the gap financing source to insure that the mall we be renovated in a comprehensive manner that will not only stop retail sales leakage but will again establish Valloo as a competitive first class mall. The redevelopment plan was adopted in July 2000. 27. City of Sacramento, Sacramento Housing and Redevelopment Agency, McClellan Air Force Base. KMA was retained by the Sacramento Housing and Redevelopment Agency to evaluate the feasibility of establishing a redevelopment project at the McClellan Air Force Base and the adjacent Waft Avenue commercial corridor. Key issues considered included whether the commercial corridor should be included in the redevelopment project and the impact of its inclusion on the plan adoption procedural requirements and schedule. KMA conducted a windshield survey of the base and the commercial corridor, analyzed the pros and cons of including the commercial corridor, prepared tax increment and possessory interests projections, and a preliminary - assessment of the economic incentives that could be offered to private development teams redeveloping the military base. KMA also projected time frames and preliminary schedules for adoption of the redevelopment project under different scenarios. At the conclusion of the feasibility phase, the Agency decided to proceed with the Plan adoption. KMA prepared the key documents in the adoption process including the Agency Dissolution Services Proposal City of Seal Beach Page 15 Preliminary Report and Report to Council. The redevelopment plan was adopted in November 2000. 28. City of Long Beach, Long Beach Redevelopment Agency, Re- Adoption of the Central Long Beach Redevelopment Project. KMA assisted the Long Beach Redevelopment Agency in readopting the Central Redevelopment Project. The Project was originally adopted in 1993 as a "disaster project" following the civil disturbances in April and May of 1992. Due to numerous assessment appeals the total assessed value of the Project declined below the base year value and was not anticipated to generate tax increment in the reasonable future. For this reason, the Agency rescinded the original adoption ordinance and readopted the Project. KMA prepared the Preliminary Report reaffirming the prevalence of blighting conditions in the 2,600 acre Project Area and identified a financially feasible project based on future tax increment. KMA also prepared the Report to City Council for the readoption of the proposed Project. The Plan was readopted in December 2000. 29. City of San Jose, San Jose Redevelopment Agency, Business Clusters Project. KMA was asked by the San Jose Redevelopment Agency examining the feasibility and latter to project plan adoption services to establishing a non -tax increment redevelopment project area incorporating seven non - contiguous shopping centers located throughout the City of San Jose. These older neighborhood centers have experienced a decline in retail activity, with private sector attempts to revitalize these areas proven to be unsuccessful. It is the Agency's intent to revitalize the shopping centers with redevelopment programs such as facade improvements and landscaping. No residential uses were included within the seven dusters. It was found that six of the seven retail clusters met the legal test of a blighted area. The San Jose Retail Clusters Blight Assessment was presented to the Agency in July 1998. In August 1998, the Agency requested the plan adoption services to assist with the proposed adoption of the Retail Clusters Redevelopment Project. The redevelopment plan was adopted in March 2001. 30. City of San Jose, San Jose Redevelopment Agency, Eminent Domain Amendments for West San Carlos and The Alameda Redevelopment Projects. Keyser Marston assisted the Redevelopment Agency prepared key components of the Report to City Council in support of the amendments to extend eminent domain in the West San Carlos and The Alameda Redevelopment Projects. This included describing the need for extension of the eminent domain authority and impacts on residents within and adjoining the Project Areas. The West San Carlos Street and the Alameda Redevelopment Plans were both adopted on March 5, 1991. The Redevelopment Agency's eminent domain was currently set to expire on July 1, 2001. The Agency amended the Redevelopment Plan to extend eminent domain authority for 10 -years to coincide with the durations of the plans. Both the West San Carlos Street and the Alameda Projects can be characterized as strip commercial corridors encompassing approximately 108 and 51 acres respectively. Both project areas included some residential units interspersed among the commercial businesses and additionally a few units above the ground floor retail. However, the Agency did not have or propose to adopt eminent domain authority over residential uses so there was no requirement to form a Project Area Committee (PAC). The reasons for extension of the amendment domain authority was to provide the Agency with the ability Agency Dissolution Services Proposal City of Seal Beach Page 16 to assembly small parcels to create sites large enough to meet contemporary business needs. The amendments were adopted in June 2001. 31. City of Healdsburg, Community Redevelopment Agency of the City of Healdsburg, Amendment No. 2 to the Sotoyome Community Development Project Area. KMA assisted in the adoption of an amendment to the Sotoyome Community Development Plan. The 1,432 acre Project Area included the downtown area. The purpose of the amendment was to amend and increase the tax increment limit for the Development Plan from $100 million to $307 million for the Project Area, amend and increase the bonded indebtness limit from $50 million to $100 million, and extend the time limit to incur debt from 2011 to 2014. KMA also assisted the Agency in developing an updated project and programs list to address the changing needs of the community. KMA's role in the adoption of the amendment included the preparation of the adoption schedule activities, the physical and economic blight analysis, the financial feasibility, the Amended Development Plan, the Preliminary Report, and the Report to the City Council. The plan amendment was adopted in July 2001. 32. City of Arcadia, Arcadia Redevelopment Agency, Amendment No. 5 to the Central Redevelopment Project KMA assisted the City of Arcadia with an amendment to the existing Central Redevelopment Plan to add 75 acres of territory. The area to be added, generally know as the South Arcadia Business District, is an older commercial corridor along the southern edge of the City. Originally developed in the 1950's, business activity had declined in South Arcadia, in part, due to the small lot sizes, and age and substandard design of the buildings. The goal of the City is to implement redevelopment programs that had been successful used in the City's downtown area in South Arcadia commercial area. Programs contemplated for the Amendment Area include-key public improvements, commercial rehabilitation program and business attraction and retention programs to assist property owners and local businesses in improving the area's image, physical condition, and economic conditions. The Plan Amendment was adopted in July of 2001. 33. City of Novato, Novato Redevelopment Agency, Second Amendment to the Hamilton Field Redevelopment Project. The Agency requested KMA to assist in the adoption of an amendment to the 371 acre original project area of the Hamilton Field Redevelopment Project. The purpose of the amendment was to amend and increase the tax increment limit for the original project area from $137 million to $400 million and amend and increase the bonded indebtness limit from $101.8 million to $120 million. KMA's role in the adoption of the amendment included the preparation of the adoption schedule activities, the physical and economic blight analysis, the financial feasibility, the Amended Redevelopment Plan, the Preliminary Report, the Report to the City Council, and responses to written objections. The plan amendment was adopted in December 2001. 34. County of Monterey, Monterey County Redevelopment Agency, Adoption of the Fort Ord Redevelopment Project KMA was retained by Monterey County to assist with the adoption of a redevelopment plan for the portions of the former Fort Ord that are under the County's jurisdiction (and not within the limits of any incorporated Cities in - Monterey County). The Project Area is comprised of approximately 19,300 acres and is largely undeveloped. Major portions of the Project Area were used by the Army for live - fire training exercises and are contaminated with unexploded ordnance. KMA's role was to prepare key documents, prepare an analysis of the physical and economic blighting conditions present on the former military base, and analyze the financial feasibility of the proposed Redevelopment Plan. While general conditions on the base had been Agency Dissolution Services Proposal City of Seal Beach Page 17 analyzed during the preparation of the Reuse Plan, data on specific conditions in the County portion of Fort Ord was limited. In addition, due to the present limited available of water resources, the extent of potential future development is uncertain, thus making the analysis of future revenues and expenditures more complicated. Through field surveys, document review, and careful coordination with the Fort Ord Reuse Authority-, other consultants, and County staff, KMA was able to document existing conditions and project future development scenarios that allowed analysis of the feasibility of the project. The Redevelopment Plan was adopted in February 2002. 35. City of Boise, Capital City Development Commission, Adoption of the Gateway East Urban Renewal Project. Keyser Marston prepared an eligibility report for the proposed Gateway East Urban Renewal Project for the Capital City Development Corporation pursuant to Chapter 20 Urban Renewal Law of the Title 50 Municipal Corporations of the Idaho Statues. The purpose of the report is to provide support that the Project Area is "deteriorated" or "deteriorating" which is one of the required findings that the City Council must make before further consideration to approve an Urban Renewal Plan. The 1,070 Project Area is located within both the City of Boise and Ada County unincorporated territory. The City Council is interested in redeveloping the Project Area to facilitate the development of light industrial, research and development, technology and manufacturing uses, as well as related commercial uses and to create an attractive identifiable entry point to the City. A lack of adequate access was the primary factor inhibiting redevelopment and development of the area which is blighting condition under Idaho Urban Renewal law. The project is currently in the adoption process with project approval anticipated by the end of 2002 or beginning of 2003. 36. City of Henderson, Henderson Redevelopment Agency, Amendment to.Project Area No. 1. KMA is assisting the Landwell Corporation and the City of Henderson in adding certain underutilized land owned by the corporation totaling approximately 2,500 acres to the existing Henderson Redevelopment Area. The U.S. Government during World War II developed the BMI facility for the processing of magnesium used in the U.S. military arsenal. Following the end of World War II the U.S.. Government sold the facilities to the private sector. Much of the underutilized land includes extensive evaporation ponds covering over 1,000 acres, which are no longer used. Landwell is looking to the redevelopment agency for assistance in consolidating and relocating the ponds so that the site can be developed in a manner consistent with the City's long -term goals for residential, commercial and public uses. KMA's role has been threefold; 1) to prepare financial projections on tax increment revenues which could be generated from the project; 2) to prepare an existing conditions report (blight analysis) on the proposed added area; and 3) to act as a liaison between Landwell and the City in discussing the benefits of the project and plan amendment procedures. Plan amendment adoption is anticipated for fall 2001. Agency Dissolution Services Proposal City of Seal Beach Page al KEYSER MARSTON REFERENCES San Jose Redevelopment Agency Ms. Susan Shick Executive Director 50 West San Fernando Street Suite 1100 San Jose, California 95113 (408) 277 -4744 City of Santa Rosa Mr. Stephen Burke Executive Director 90 Santa Rosa Avenue Santa Rose, California 95404 (707) 543 -3300 Long Beach Redevelopment Agency Mr. Otis Ginoza Redevelopment Administrator Long Beach Redevelopment Agency 333 West Ocean Boulevard, Third Floor Long Beach, California 90802 (565) 570 -5093 McDonough, Holland & Allen Dave Beatty, Esq. 555 Capitol Mall, Suite 950 Sacramento, California 95814 (916) 444 -3900 Kane, Ballmer & Berkman Murray D. Kane, Esq. 515 South Figueroa St. Suite 1850 Los Angels, CA 90071-3301 (213) 617 -0480 Agency Dissolution Services Proposal City of Seal Beach Page 19 KMA Team Members A unique strength of KMA is the depth, continuity and availability of our principals. The firm's principals bring years of practical experience in working with business and government, and provide convenient and personal service to our clients. KMA has offices in San Francisco, Los Angeles, and San Diego with a staff of over 40 employees. While each principal has a broad background in all aspects of real estate consulting, each has a specific area of expertise related to their education, experience, and interest. The following KMA staff members will provide the services required under this assignment. More detailed resumes for each staff member are also included in the proposal. Mr. Paul Anderson will oversee the blight assessment and document preparation services services. Mr. Anderson manages KMA's plan adoption services. Mr. Anderson has been active in the redevelopment field for fifteen years and has been involved in the preparation and adoption of numerous redevelopment plans, amendments, feasibility studies and implementation plans for cities throughout California. Mr. Greg Soo-Ho o will prepare the financial feasibility analysis including tax increment projection and identification of remaining obligations. Mr. Soo-Hoo is a Principal with the Los Angeles office and provides project management for the fiscal and financial consulting assignments. He has over fifteen years of experience in redevelopment and public finance. Mr. Soo -Hoo is experienced in the preparation of tax increment revenue and cash now analyses and has participated as financial consultant in the preparation of tax increment revenue and cash flow analyses for nearly 40 bond issues totaling nearly $900 million. He has assisted redevelopment agencies in providing technical assessed valuation analyses, the preparation of tax increment revenue projections for a variety of redevelopment project areas and the State reporting requirements for redevelopment agencies. He previously worked for five years as budget and fiscal analyst in the County's Chief Administrative Office and provides familiarity with key County staff and knowledge of County systems. Agency Dissolution Services Proposal City of Seal Beach Page 20 KEYSER M ARSTON ASSOCIATES INC. PAULANDERSON Mr. Andcroon is a principal at Keyser Marston Assodates' Los Angeles office. Prior to joining KMA, Mr. Anderson managed plan adoption services at Katz Hollis. Mr. Anderson has over 15 years of experience in redevelopment, land use planning and urban design. Key Role Oversees KMA's redevelopment eBart in Southern California. His background in planning and urban design provides specialized insights into the redevelopment adoption process. Specialization Redevelopment Specialist Mr. Anderson has extensive experience in managing and directing redevelopment plan adoptions and amendments throughout California. He is experienced in all aspects of plan adoption services and providing a full range of plan adoption services, as well as preparing technical documents, providing ongoing staff support to clients, working with community groups and the formation of Project Area Committees (PACs). Mr. Anderson has assisted in the adoption and amendment of broad range of large complex projects including the adoption of the 12,000 -acre North Long Beach Redevelopment Project and the merger of seven redevelopment projects in the City of Seaside. He has assisted in the adoption of many small and specialized projects including the Olivehurst Community Plan in Yuba County and the Flood Control Disaster Project for the City of Roseville. Mr. Anderson's work experience in advance ptanning for the City of Manhattan Beach, redevelopment plan adoption for the Los Angeles Community Redevelopment Agency, and urban design for a private sector design firm in San Francisco makes him uniquely qualified to assist cities in their redevelopment efforts. Professional Credentials Mr. Anderson received his bachelors degree in architecture from the University of Southern Califomia and is a member of the American Planning Association. KEYSER M ARSTON ASSOCIATES INC. GREGORY D. SOO -HOO Mr. So Hco is a principal in Keyser Marston Associates' Los Angeles office. Mr. So Hoo joined KMA in 1991 and has over 17 years of experience as a consultant to California redevelopment agencies. Key Role Mr. Soo-Hoo has managed redevelopment tax increment services for KMA clients. These services include long range projections of redevelopment Project area taxable values and tax revenues, estimation of assessment appeal valuation and tax refund impacts, preparation of agency financial reports and redevelopment plan adoption and plan amendment financial feasibility studies. Mr. So Hoo is also experienced with local government Mane having worked with the Los Angeles County Chief Administrative Office as a redevelopment and budget analyst for six years. Fiscal Consultant Mr. Soo-Hoo has been a fiscal consultant assisting redevelopment agencies in the issuance of tax allocation financings totaling nearly $2 billion. He has managed a wide range of fiscal consulting services including the verification of redevelopment project area taxable values, review of historic valuation patterns, Identification of major property owners, determination of assessment appeal impacts, and the projection of current and future year tax increment revenue Flow. Mr. Soo. Hoc, has also assisted bond underwriting teams in the preparation and review of bond offering documents and has been an active participant in presentations to bond insurance and bond rating agencies, Financial Feasibility Studies Mr. Soo-Hoo specializes in the preparation of financial and economic feasibility analyses required for the adoption or amendment of redevelopment project areas. The analyses typically consist of a multi -year comparison of tax increment and other revenue resources vis -a -vis anticipated capital improvement and redevelopment program costs. Economic feasibility models have been incorporated in all plan adoption or plan amendment Reports to Council prepared by IWA. On -going cash flow services have been provided to the various redevelopment agencies, including Brea, Long Beach and Glendale. Assessed Valuation Services The assessed valuation services Mr. So Hco has provided to cities and redevelopment agencies include review of assessment appeal flings arid an estimation of fiscal impacts to local taxing entities, parcel by parcel verification of base year and current year assessed values and the identification of misallocation of annual tax revenues. The assessment appeal analyses have also been supplemented with estimations of site - specific values to project the likelihood of future reductions in assessed values due to appeals. Financial Reporting Mr. Soo-Hoo has assisted agencies in the preparation of annual disclosure reports required to bond rating agencies on agency valuation impacts and changes. Mr. Soo-Hoo has also assisted redevelopment agencies with compliance reports required under State law. Professional Credentials Mr. Soo-Hoo has conducted Redevelopment Institute financial training courses sponsored by the California Redevelopment Association. He is a graduate cum laude of the University of Southern California and holds a masters degree in public administration, with a specialization in public finance. MURPHY & DAVIS, LLP, REPRESENTATIVE EXPERIENCE AND REFERENCES Representative projects over the past eight years have included the following: • Two amendments to increase time limits, increase tax increment rap, extend eminent domain and update land uses in Sacramento (Oak Park and Del Paso Heights). Contact: Dan Moellenberndt Sacramento Housing & Redevelopment Agency (916) 440 -1399 • An amendment to delete territory in Sacramento (Sacramento Army Depot). .Contact: Amy Marshall Sacramento Housing & Redevelopment Agency (916) 440 -1399 • The adoption (pending) of a new redevelopment project area in Sacramento (Northgate Boulevard). Contact: Kelly Korver Sacramento Housing & Redevelopment Agency (916) 440 -1399 • The adoption of a new 7,000 -acre project area in Long Beach. Contact: Otis Ginoza Redevelopment Administrator Long Beach Redevelopment Agency (565) 570 -5093 • An amendment to increase time limits, increase the tax increment cap and merge projects in San Mateo. Contact: Diana Whitecar Economic Development and Business Assistance Manager City of San Mateo (650) 522 -7242 Agency Dissolution Services Proposal City of Seal Beach Page 21 An amendment to extend the time limit on the use of eminent domain in Hawthorne. Contact: Michael Goodson Planning Director City of Hawthorne (310) 970 -7939 The adoption of a new project area for the revitalization of an aging regional shopping center in Cupertino. Contact: Steve Piasecki Community Development Director City of Cupertino (408) 777 -3236 Agency Dissolution Services Proposal City of Seal Beach Page 22 C. NICOLE MURPHY MURPHY & DAVIS, LLP 300 Capitol Mall, Suite 1110 Sacramento, California 95614 www.m - mlaw.com Facsimile (916) 446.6489 Telephone (916) 446. 6462E -Mail cnmurphy @m- mlaw.com PROFESSIONAL EMPLOYMENT June 1999 Partner, Murphy & Davis, LLP, to Present: Sacramento, California March 1997 Principal, Law Offices of C. Nicole Murphy, to June 1999: Sacramento, California August 1993 to Attorney, McDonough, Holland & Allen, March 1997: Sacramento, California May 1978 to Legal Analyst, McDonough, Holland & Allen, August 1993: Sacramento, California PROFESSIONAL EXPERIENCE Ms. Murphy's redevelopment background and experience extends over 20 years and includes: (a) the creation of numerous redevelopment agencies; (b) the adoption, amendment and merger of innumerable redevelopment plans; (c) the negotiation and preparation of owner participation agreements, disposition and development agreements, and documents and agreements related thereto, for all types of projects (commercial, residential, industrial); (d) the preparation, adoption and amendment of implementation plans; (e) the preparation and /or review of loan agreements and other financing documents; (f) the review and analysis of environmental documents for various redevelopment activities; (g) the preparation and /or review of affordable housing plans, projects and programs, including replacement and inclusionary housing plans, for -sale and rental housing development project agreements, and downpayment assistance and other subsidy programs; and (h) litigation concerning the validity of redevelopment projects, tax increment financing, affordable housing requirements and other issues related to project implementation. Current redevelopment clients include the Cupertino, Folsom, Hawthorne, Rocklin, Sacramento, San Mateo and San Pablo Redevelopment Agencies. Representative projects within the last several years have included the following: Adoption of a redevelopment plan and negotiation /preparation of an owner participation agreement for the rehabilitation and upgrade of an outdated regional shopping center; • Negotiation and preparation of multiple disposition and development agreements for a mixed -use project including retail, public and residential uses; C. Nicole Murphy Page 2 Negotiation and preparation of a disposition and development agreement for a 70- room hotel with a potential 30 -room second phase; Consultation and advice concerning relocation and replacement housing issues related to the acquisition and development of various projects; Negotiation and preparation of disposition and development agreements for a major hotel and commercial project involving two separate developers in a joint development project and including major public facilities (parking, plaza, etc.); Negotiation and preparation of a number of acquisition agreements for both "opportunity" and development - necessary acquisitions, including acquisition of a mobilehome park; Consultation and advice concerning low and moderate income housing issues, including the preparation of documents to establish and implement loan programs and the negotiation and preparation of a disposition and development agreement and related covenants for a low and moderate income housing project; Consultation and advice concerning owner participation issues and the preparation of owner participation agreements for the expansion of two commercial developments; The adoption of a new 7,000 -acre redevelopment project area; Various redevelopment plan amendments to add new territory, increase time limits, increase the tax increment cap, merge projects, extend eminent domain and update land uses. In addition to representing redevelopment agencies, Ms. Murphy has advised numerous cities and private developers on a variety of public law matters, including: (a) general plan amendments; (b) condemnation; (c) land use litigation; (d) the preparation of public works contracts and statutory development agreements; (e) assessment district delinquency collections, including judicial foreclosure actions; and (f) opinions and advice on CEQA, employment, Brown Act, Political Reform Act, land use, relocation and other issues. Ms. Murphy has also participated as a speaker at seminars and conferences of the California Redevelopment Association and the League of California Cities on various topics, including "Tax- Sharing Agreements /Mandatory Payments to Taxing Entities" (California Redevelopment Association, Financial Management Seminar), "Redevelopment Update Briefing" (League of California Cities, City Manager's Conference), "Plan Adoption Best Practices" (California Redevelopment Association, Legal Issues Symposium) and "Critical Elements of the DDA/OPA" (California Redevelopment Association, Redevelopment Institute). PROFESSIONAL EDUCATION Juris Doctor, 1993 McGeorge School of Law, Sacramento, California C. Nicole Murphy PROFESSIONAL AFFILIATIONS Member, State Bar of California Member, American Bar Association Member, Sacramento County Bar Association Member, California Redevelopment Association Page 3 Consideration of Consultant Services - Dissolution of Redevelopment Agency Redevelopment Agency Staff Report May 28, 1001 ATTACHMENT 4 LETTER PROPOSAL DATED MAY 23, 2002 AND EVALUATION OF PROPOSED REDEVELOPMENT AGENCY DISSOLUTION, A. C. LAZZARETTO & ASSOCIATES, DATED MAY 10, 2002 Dus.lutm ofA,.,.WA Swff Rc A Fnom: Donne Lnnreao To: Lee Miillmong 9 A.C. Lazzaretto & Associates Dominic D. Lazzaretto A ...... I, Add.... Po L3073 Sabank, CA 91504 Tel �n 0)5694526 Fa: (819)5547099 mall. dom @0000 rem Date: SCIM002 Time a42:30 AM Page 2of5 May 23, 2002 VIA FACSIMILE Lee Whittenberg Director Development Services City of Seal Beach 211 Eighth Street Seal Beach, California 90740 -6379 Subject: Addendum to Proposal for Consulting Services — Dissolution of The Seal Beach Redevelopment Agency Dear Mr. Whiumberg, It was a pleasure to meet you and the City staff on Tuesday. Per your request, please find below an addendum to our proposal to provide consulting services to Vow organization. I believe that the enclosed scope of work and revised cost estimate will better match the project specifics we discussed at our meeting. Scope of Work The following section will identify the specific tasks that will be completed throughout this project. Costs for the project are described under Price Proposal in the section that follows this. It is our understanding that this project would not include the actual dissolution action; rather, it would be an assessment, report, and recommendation onthe impacts and issues that would arise should the Redevelopment Agency cease operations. The list below is merely provided as a framework for the evaluation of progress on this project. The proposed outline of services has been prepared in abroad fashion in orderto give the Agency as much flexibility as possible. Many of these tasks — while generally organized in the order that they will be completed —will be conducted simultaneously and incorporated into other actions. The tasks that have specifically been identified at this time are as follows: From Leonine L ararete To Lee Wtinenberg Date: 5R3R002 Time 9:4:30 AM Page 3 of 5 Lee Whittenberg City of Seal Beach May 23, 2002 Page 2 of 4 of Work f Kick -Off Meetings: A series of meetings between team members and City /Agency staff to discuss project specifies goals, and familiarize ourselves with program cbleel:ves_ Creation of Project Schedule: Based or, *he infornat on gatrered at :-e k,ck -o' meerr,gs a prclec: 2 schecule will be created whim identifies key target caves a ^.d oro ect — iiesto -es Tr s will be updated regularly as the project evolves Document Review: In Initial stages of the project A C Lazaretto & Associates wiill . gather pertinent documents from the Redevelopment Agency including the adopted Redevelopment Plans and any associated amendments, Implementation Plans annual budgets disposition and development ' 3 agreements, pass - through agreements land use covenants, and staff reports for project- related 1 activities. We will review these documents to assess the impact of and identify any roadblocks to dissolution of the Agency and to get a better feel for the goals and objectives of each project area -These documents will also assist in the Tore detailed analyses that will follow. Legal Issues Identification: With the assistance of your Agency attorney, we will conduct a thorough review of court rulings and legal requirements concerning the dissolution of a redevelopment agency. 4 California Redevelopment Law has recently been updated to require additional conditions prior to closing redevelopment projects and this analysis will ensure that the requirements and the process of dissolution are clearly understood. Tax Increment Projections /Fiscal Analysis: Through a review of recenttax�incremenl history and I. an analysis of project area budgets and financial statements. we will establish detailed tax increment projections and assess the fiscal impact of closing the project areas and terminating the 5 Redevelopment Agency. This step will include analysis of tax Increment that would be passed through to the Low and Moderate Income Housing Fund as well as to affected taxing entities. In 'addition, the fiscal analysis will - provide an assessment of the net Income and expenditures of City funds upon termination of the Agency to ensure that the Gty would remalt�sGally sotvelgshould this action proceed° e Identification & Payment of Outstanding Obligations: Through the review of adopted disposition and development agreements, existing bonded indebtedness, loans, and pass - through agreements, 6 we will identify any obligations that would continue upon the closing of the Agency. In addition, we will propose a method for financing such outstanding obligations in order to assess the impact on the City's other resources, including the General Fund. Disposition of Unspent Bond Proceeds. It is our understanding that the Agency has approximately y $2.3 million In bond proceeds available from a refinancing in 2000 Through your bond cocnsel, we y}ill_review fhe details of the bond prospectus and identify on or more appropriate mat hod a of „fiisposing ofthe. funds ^s Affordable Mousing Requirements: Recent changes to the Redevelopment Law now require certain housing requirements be met prior to declaring that no further need for redevelopment exists. We will assess past affordable housing development in the project areas as well as in the City as a whole to B determine these requirements have been met. Should additional affordable housing production be needed, we will detail the type and number of units needed prior to dissolving the Agency. In addition. we will assess the income and expenditures of the Agency's Housing Fund to determine if an "excess surplus" situation exists, and if so, will identify a method for expending the funds appropriately. Fmm. pomme Lamrello To', Lee Milli pale: 51 M002 Time 9.42:30 AM Page d of 5 Lee Whittenberg City of Seal Reach May 23, 2002 Pace 3 of 4 'Disposal of Agency Property: It is our understanding that the Agency holds title to ce"un property 9 in the Project Areas We will review the terms of these acquisitions and identify a means of disposing of the property upon the cessation of the Agency. In addition, we will assess whether the title could appropriately be transferred to the City Method of Dissolution: Through a review of the California Redevelopment Law, we will assess the 10 steps involved in dissolving the Redevelopment Agency and provide a framework for the proper method or ceasing operations. This will include a detailed description of the notices required, the ordinances that must be adopted and the findings that are necessary prior to Agency Dissolution. Report of Findings & Recommendation: Based on the information gathered in the previous steps ' and the results of the various analyses, A . Lazzaretto & Associates will prepare: a preliminary report 11 of findings and make recommendations on future actions,. The key facet of this report will include the analysis of the overall fiscal impact of terminating the Redevelopment Agency. It is expected that City star ill review and comment on the draft document prior to the finalization of the report. We would expect the document to be finalized after twp graft versions Presentation of Findings: As part of the completion of this project, we will present our findings and 12 recommendations to the City Council /Redevelopment Agency. This can simply be in the form of distributing the final version of our report, but we would also anticipate a PowerPoint presentation at a public meeting of the bodies. Consultant Oversight It is expected that we would need to work with Agency legal and bond counsel and no subcohsultants would be required for this project; ,. however , should the scope of work change 13 from that identified above, additional support may be required. -A C Ler<aretto E Associates, acting as lead consultant on the project, will interface win, and coordinate work assignments for, any subconsultants brought In at that time Status Reports: In addition to updating t ^.e orcect schedule regularly, we will provide periodic verbal 14 and written status reports to City staff to ensure that all team members are comfortable with the process as well as the progress of the project. These would be in the form of personal meetings, smalls, letters, and telephone conversations. Meeting Attendance: Members of A C Lazzaretto & Associates will attend up to two neetings of the 15 Agency:Board /City Council, as requested or appropriate, to answer questions and provide updates. Any additional meetings, would be billed at our normal hourly rates Associated Duties: In addition to those tasks Identified above, we will provide all services related to 16 the analysis of Redevelopment Agency dissolution and general assistance as requested. Generally speaking, these items will be included in the "not -to- exceed" figure identified below; however those tasks requested which are outside of this Scope of Work will be billed at regular hourly rates. Shouldthe Agency be interested in moving forward with the dissolution of the Agencyupon completion ofthis phase ofthe project, A.C. Lamaretlo & Associates would be happy to provide the necessary services — generally the remaining items identified in our original Proposal for Services — at that time under separate agreement. From Dominic Lamreae To: Lee WfGae berg Dale: 54DiQ002 Time: 9:62:30 Rd Page 5 o/5 Lee Whiffenberg City of Seal Beach May 23, 2002 Pace 4 of 4 Price Proposal In order to complete this project, we propose that an actual time and materials agreement be established, based on the standard hourly billing rates identified below, with a "not -to- exceed" figure set at $17,500. This limit would include any costs associated with the Agency's bond counsel reviewing the outstanding indebtedness up to $2,500. In addition to the established figure, it is expected that Seal Beach would provide reimbursement for expenses incurred in direct association with the completion of this project. Such expenses would include duplication fees, photo processing fees, and the cost of gathering property and sales tax data from independent sources, if necessary. Travel to and from meetings would not be charged to the City. Hourly Billing Rates A.C. Laaaretto & Associates Summary of Qualifications Our firm has been quite successful in the past in providing services for a wide range of redevelopment projects, including agency formation, project area adoptions, amendments, and mergers, and the whole gambit of implementation. Wbilewe have not worked on a project specifically dealing with agency dissolution, we feel that the depth of our experience in the field of redevelopment and our familiarity with the law will enable us to successfully complete the tasks required for this project. We also feel that we have assembled a project team that is unsurpassed in ability and experience, while still providing a proposal that reduces overall costs to your agency. Thank you for providing us with the opportunity to propose on this exciting project. We look forwardto seeing you at the Council Meeting on May 28a'. If you have any questions, or require any additional information, please call either Andy Lamicreno or myself at (818) 569 -4526. Cordially, Dominic Lazz3�s Associate Principal $135.00 Senior Associate $9500 1. Assoc ate $75 00 Senor Analyst 555.00 Protect A -ayst Sc5 co Secretarial & Clerical 524.50. Summary of Qualifications Our firm has been quite successful in the past in providing services for a wide range of redevelopment projects, including agency formation, project area adoptions, amendments, and mergers, and the whole gambit of implementation. Wbilewe have not worked on a project specifically dealing with agency dissolution, we feel that the depth of our experience in the field of redevelopment and our familiarity with the law will enable us to successfully complete the tasks required for this project. We also feel that we have assembled a project team that is unsurpassed in ability and experience, while still providing a proposal that reduces overall costs to your agency. Thank you for providing us with the opportunity to propose on this exciting project. We look forwardto seeing you at the Council Meeting on May 28a'. If you have any questions, or require any additional information, please call either Andy Lamicreno or myself at (818) 569 -4526. Cordially, Dominic Lazz3�s Associate Proposal for Consulting Services Evaluation of Proposed Redevelopment Agency Dissolution Seal Beach Redevelopment Agency Prepared: May 10, 2002 A.C. Lazzaretto & Associates P.O. Box 3073 Burbank, CA 91504 Tel: (818) 569 -4526 Fax: (818) 558 -7088 Email: acl @acla==n ww acla=.com 3!_T A.C. Lazzaretto & Associates Table of Contents 1. INTRODUCTION 2 2. DESCRIPTION OF RELATED EXPERIENCE 4 3. GENERAL STATEMENT OF SERVICES AND QUALIFICATIONS 7 Philosophy 7 Benefits to the Client 7 Competitive Strengths Collaborative Expertise 8 g Services 8 4. IDENTIFICATION OF PROJECT PARTICIPANTS & STAFF RESUMES 10 Assignment of Duties l0 5. REFERENCES 14 6. SCOPE OF WORK 15 Project Timeline 17 7. LEGAL STIPULATIONS 18 Insurance Coverage 1S Non - Discrimination 18 Independent Contractor Status 18 S. PRICE PROPOSAL 19 9. ATTACHMENT 1 - BAUER ENVIRONMENTAL SERVICES 20 May 10, 2002 Page i A.C. Lazzaretto & Associates 1. Introduction Legal Name of Firm: A.C. Lazzaretto & Associates Address: P.O. Box 3073 Year Established: Burbank, CA 91504 Telephone: (818) 569 -4526 Facsimile: (818) 558 -7088 Email: acl@aclazz.com Website Address: www.aclazz.corn Type of Firm: Sole Proprietorship State of Incorporation: California Year Established: 1985 Key Personnel: Andrew C. Lazzaretto, Principal The firm of A.C. Lazzaretto & Associates, a full - service management and local government consulting firm, has extensive experience in all phases of redevelopment and economic development. We have assisted communities throughout southern California with redevelopment project area adopt ions, mergers, and amendments, including the Cities of La Habra, West Covina, Santa Fe Springs, Paramount, Artesia, and South El Monte. In addition, we have recent experience in critically analyzing redevelopment projects in the Cities of Los Angeles, Arcadia, and Diamond Bar, wherein our fain reviewed project proposals and evaluated the fiscal and political merits of moving forward. In addition to many project area adoptions, mergers, and amendments, we have performed tax increment projections, housing studies, property acquisition and relocation coordination, housing set -aside projects, feasibility assessments, and environmental management duties. While the dissolution of a redevelopment project is a highly unusual action, our experience in working with a diversity of projects will provide a strong background into the needs of the Seal Beach Redevelopment Agency. Finally, because we are a modest sized firm, we are able to be extremely responsive to any challenges that could occur during the course of a project and you are ensured that the company Principal will actively participate throughout the entire process. We would be able to initiate the project immediately and would expect that the project would be completed in approximately three (3) months. It is our understanding that this project would not include the actual dissolution action; rather, it would be an assessment, report, and recommendation on the impacts and issues that would arise should the Redevelopment Agency cease operations. Throughout every phase of the project, our firm would provide draft documents and regular updates to ensure that the staff remained informed and had an opportunity to provide significant input into the ultimate conclusions and recommendations. May 10, 2002 Page 2 A.C. Lazzaretto & Associates In addition to the members of A.C. Lazzaretto & Associates who will work on this project, it is anticipated that Sandra Bauer of Bauer Environmental Services would complete an environmental review to ensure compliance with the California Environmental Quality Act (CEQA). We have worked with this firm in the past, which has demonstrated a strong understanding of environmental issues and has a familiarity of working with local and statewide public agencies. A complete description of the tasks each firm will perform along with a description of their capabilities is included later in this document. - The following pages more specifically identify our proposal for this project, including complete descriptions of the scope of work, project timelines, associated project experiences, resumes for key team members, references, and hourly billing rates. For more information on the capabilities of A.C. Lazzaretto & Associates, please visit our website at www.aclazzcom. May 10, 2002 Page 3 A.C. Lazzaretto & Associates 2. Description of Related Experience The section below identifies the four most recent and related projects in which A.C. Lazzaretto & Associates has participated, all of which happen to be ongoing projects. A listing of additional project experience is fisted later in this document. In each of these projects, A.C. Lazzaretto & Associates was responsible for all document creation, coordination of subconsultants, and all consultations with governmental agencies and taxing entities, community organizations, and the public. While the projects listed below do not specifically match the requirements of this project, they will nevertheless provide a basis for being able to understand the key issues of the proposed action. Paramount Project Area Merger. A.C. Lazzaretto & Associates is currently assisting the Paramount Redevelopment Agency with an amendment and merger of its three existing redevelopment project areas. With the recent changes to the California Redevelopment Law, our firm has been charged with reviewing the modifications to the law and making recommendations on the fiscal impacts of those changes. Such reviews have included an analysis of the adopted and amended redevelopment plans, a review of legal opinions and court rulings, and creation of financial projections based on one or more proposed alternatives. Chinatown Redevelopment Project: Our firm has been retained by the County of Los Angeles Chief Administrative Office to review the proposed First Amendment to the Chinatown Redevelopment Project in the City of Los Angeles. A key function of this project includes a critical analysis of the benefits and drawbacks of continuing redevelopment in the project area. As such, exhaustive document review was necessary, financial analyses and cash flow projections were created, and a brief blight assessment was undertaken Santa Fe Springs Project Area Amendment & Legal Reviews: A.C. Lazzaretto & Associates is currently assisting the City of Santa Fe Springs Community Development Commission with a review of its existing redevelopment projects to assess the benefits of amending the time limits to meet current laws. In addition, due to the recent Santa Ana Unified School District Decision, we have prepared a detailed analysis of the financial and legal impacts that the legal ruling would have on the City's finances. As with the other projects listed above, we have conducted a thorough review of the pertinent issues, prepared financial projections, and identified major and minor impacts that would result from taking various actions. Diamond Bar Project Review: The City of Diamond Bar has previously considered the adoption of a redevelopment project in their City, but the action was challenged by members of the community. The City has now hired our firm to review specific, smaller areas of the City to determine the viability of adopting a more refined project area. This analysis has required not only a blight assessment to determine feasibility, but also an analysis of the political and economic impacts of adopting a redevelopment project in an area of heightened scrutiny. While this project is at the opposite end of the spectrum of dissolving a redevelopment agency, many of the analyses are similar, including: affordable housing production requirements, long -term debt analyses, cash flow projections, and cost -benefit assessments. May 10, 2002 Page 4 A.C. Lazzaretto & Associates A.C. Lazzaretto & Associates has provided project management and consulting services for numerous clients for over sixteen years. The following is a sampling of projects conducted by the firm. Project Area Formations, Mercers, & Amendments City ojLa Mirada: Amendment No. 2 to the Industrial - Commercial Redevelopment Project Area City of BelYlower: Redevelopment Project Area No. 1 City of Paramount. Redevelopment Project Area No. 2 Redevelopment Project Area No. 3 Paramount Consolidated Project Area City ojLa Habra: Delta One Redevelopment Project Area Alpha Four Redevelopment Project Area La Habra Consolidated Redevelopment Project City of South El Monte: Redevelopment Project Area No. 1 Redevelopment Project Area No. 2 City of Santa Fe Springs: Amendment No. III to the Amended Consolidated Redevelopment Project Area Washington Boulevard Redevelopment Project Area Amendment No. 1 to the Washington Boulevard Redevelopment Project City of Artesia: Redevelopment Project Area No. 1 City of Arcadia South Arcadia Redevelopment Project May 10, 2002 Page 5 A.C.Lazzaretto & Associates The following section briefly describes the current project client list of A.C. Lazzaretto & Associates and a brief identification of the type of work conducted. Current Proiect List Agency Project(s) City of Diamond Bar Project Area Location Assessment City of Santa Fe Springs County of Los Angeles Irwindale Redevelopment Agency Paramount Redevelopment Agency Santa Fe Springs Community Development Commission West Covina Redevelopment Agency Environmental Management Services Superfund Redevelopment Project Review of the LAX Master Plan EIS /EIR Assessment of the Proposed Chinatown Project Area Amendment Project Area Administration & Implementation Adoption of the Paramount Consolidated Project Redevelopment Project Implementation Project Area EIR Update Project Area Administration & Implementation May 10, 2002 Page 6 A.C. Lazzaretto & Associates 3. General Statement of Services and Qualifications Background A.C. Lazzaretto & Associates is a highly respected professional research & management consulting firm specializing in servicing municipal agencies. Our expertise includes: ➢ Blight Analyses & Project Area Adoptions, Mergers, & Amendments ➢ Negotiating Owner Participation & Disposition & Development Agreements ➢ Grants Applications and Administration ➢ The Use of Housing Set -Aside Funds ➢ Implementation Plans Under AB 1290 Executive Recruitment & Temporary Managerial Staffing The firm was founded in 1985 by Andrew C. Lazzaretto, Jr., who has more than 37 years of general administration & redevelopment management experience. Prior to founding the company, Mr. Lazzaretto held a number of senior management positions with several California municipalities. Foremost is his experience as City Manager & Executive Director for the Cities of Burbank, Alhambra, Pomona, Stanton, & Walnut. Mr. Lazzaretto is a Corporate Member of the International City & County Management Association & a member of the American Society of Public Administration, Urban Land Institute, Western Governmental Research Association, & the Academy of Political Science. Mr. Lazzaretto has published many insightful articles addressing a wide range of issues; has often been quoted in local & regional newspapers, journals, & magazines regarding his perceptive opinions on current topics; & has made public presentations to many groups, including the League of California Cities, the California Contract Cities Association, & the California Redevelopment Association. Philosophy Our guiding philosophy is to develop a close working relationship with each client, their staff, & other specialists; & to provide authoritative analysis & carefully considered recommendations throughout all phases of the project. Quality work & excellent relationships with our clients are our primary goals. Benefits to the Client A.C. Lazzaretto & Associates has a commitment to provide high quality redevelopment & management consulting services for all aspects of municipal government. We utilize our diverse May 10, 2002 Page 7 A.C. Lazzaretto & Associates experience in public administration to serve our clientele with accurate & reliable guidance, information, project management, & implementation. Working with A.C. Lazzaretto & Associates provides several key benefits otherwise unavailable to the client. These benefits include: • Each Project Guaranteed To Be Done On Time & To The Letter Of The Law • Work Completed In An Efficient, Cost Effective Manner • Reduced Confrontation With the Public Through Personal Consultation • Our Technical Expertise Enables Clients To Focus On Project Goals • Project Members Are Provided With Detailed Schedules To Outline Project Procedures • Our Staff Will Attend Public Hearings To Justify Actions & Clarify Laws ➢ Staff Informed & Updated Of Progress Regularly Competitive Strengths A.C. Lazzaretto & Associates is unique in that the company principal is personally involved in each project. The professional staff is thoroughly trained to ensure consistency, accuracy, & reliability in the quality of report & document preparation. We have assisted a broad variety of clients with an equally broad range of projects, giving us the capability of being very responsive & extremely reliable. A.C. Lazzaretto & Associates has created an atmosphere of professional expertise that has generated repeat assignments from over 90% of its clientele. Our extensive management experience, ongoing commitment to keeping abreast of current changes in the law & our knowledge of economic & development trends in the industry are utilized to best serve the specific needs of each client. All staff members are computer literate & have an advanced working knowledge of the latest versions of the most popular software applications. In addition, A.C. Lazzaretto & Associates has a presence on the Internet & is well versed on its capabilities & associated functions. Collaborative Expertise The firm has established working relationships with the following professionals to add to its overall strength: environmental & hazardous waste remediation consultants; relocation negotiation experts; attorneys; engineering, planning, & financial firms; oil well abandonment & utility relocation contractors; & county & state officials. Services A.C. Lazzaretto & Associates offers a variety of professional services spanning the full cycle of project planning, development, & implementation in both redevelopment & general municipal management. We present timely & thorough communication of findings & recommendations, either verbally, or in a written format suitable for use by the client. On those projects that must May 10, 2002 Page 8 A.C. Lazzaretto & Associates conform to the California State Redevelopment Act, all documents are written to comply with the Health & Safety Code, Section 33000, ET sEQ. The specific services offered by the firm include: Redevelopment Proiect Formation, Mercer, & Amendment Blight Studies Feasibility Analyses Tax Increment Projections & Audits Public Information .& Hearing Proceedings Public Presentations Follow -up Documentation Taxing Entity Consultation Project Implementation, ManasemenA & Administration Economic Development Public Safety Service Analyses Developer Negotiations Profonna Analyses Affordable Housing Studies & Projects Property Acquisition & Relocation Coordination Environmental Management Used Oil Recycling & Source Reduction (AB 939) Compliance Grant Application, Administration, & Management Executive Recruitment May 10, 2002 Page 9 A.C. Lazzaretto & Associates 4. Identification of Project Participants & Staff Resumes The following pages contain the resumes of the professional members of the staff of A.C. Lazzaretto & Associates that will participate in this project. Each person listed has attained a college degree and each has a Masters degree in Political Science, Organizational Development, or Public Administration. In addition to attending institutions of higher learning, all of the staff members have extensive practical experience working with both public & private corporations. Assignment of Duties For this project, Dominic Lazzaretto, Associate, will be the Project Manager, providing the day - to -day responsibilities, including meeting attendance, report and document generation, and financial projections. Andrew Lazzaretto, the company Principal, will provide oversight, direct support, and assistance where appropriate. This combination affords the City the opportunity to have the depth of knowledge of the company Principal, when necessary, while keeping costs reasonable. Both Dominic and Andrew have participated in all of the project area adoption actions described above and both have a deep understanding of the tasks that will be required to complete this project. Andrew Lazzaretto will attend all public meetings to provide the insight that can only be provided by a person with over 37 years of redevelopment experience. Bauer Environmental Services will be responsible for the environmental review of the project areas and the proposed action Sandra Bauer, the firm Principal, will conduct the necessary reviews and attend all relevant meetings. A full description of their qualifications is included as Attachment 1 to this proposal. May 10, 2002 Page 10 A.C.Lazzaretto & Associates Andrew C. Lazzaretto, Jr. Principal Experience Mr. Lazsaretto has in excess of 37 years of professional experience in public & private administration, redevelopment, & ;economic development. His background includes management & administration of projects involving economic development, community redevelopment, general management, economic analysis, environmental management, & public finance. Prior to establishing the consulting firm specializing in services to municipalities & redevelopment agencies, Mr. Lazzaretto served as City Manager & Executive Director of Redevelopment for the Cities of Burbank, Alhambra, Stanton, Pomona, & Walnut. He also held administrative positions in the Cities of Montebello & Lynwood. Under his direction industrial parks were developed, downtown areas were revitalized & redeveloped, & major public & private improvements were planned & implemented. In the course of bringing these changes about, Mr. Lazzaretto helped place over $200 million in public financing, primarily using Tax Increment Financing. Responding to the dynamics of a changing society, Mr. Lazzaretto has guided the firm into important new activities. Recently, he has become actively involved in the formation & administration of publicly assisted housing projects utilizing Tax Increment Housing Set -Aside Funds. Providing first time Low- & Moderate - Income families with the opportunity of purchasing homes has been one of his most rewarding experiences. In addition to these redevelopment-oriented activities, W. Lazzaretto has also become very involved in the field of Environmental Management. While assisting various client cities he has developed Source Reduction & Recycling Elements, Household Hazardous Waste Elements, Nondisposal Facility Elements & other strategies in response to AB 939; reviewed & critiqued environmental site assessments & remediation plans; provided economic & environmental review & analysis for the development of a 3,000 tons per day Materials Recovery Facility (MRF); monitored & analyzed the citing & expansion of a major regional sanitary landfill; made presentations to the State Regional Water Quality Control Board, the Department of Toxic Control Substances, the Department of Health Services, the County Local Task Force, & the Waste Management Commission; administered & supervised the clean -up of contaminated properties; & developed a working knowledge of Federal & California May 10, 2002 Page 11 yA.C.Lazzaretto & Associates environmental laws & regulations, & the California Environmental Quality Act (CEQA). Mr. Lazzaretto is currently serving as Redevelopment Consultant to the Cities of Santa Fe Springs, Irwindale, and West Covina. Education Master of Science California State University, Los Angeles, California Organization & Management & Personnel Bachelor of Arts St. Mary's College of California, Moraga, California Political Science & Public Administration Member International City Management Association American Society for Public Administration Urban Lard Institute Western Governmental Research Association The Academy of Political Science May 10, 2002 Page 12 I= L A.C.Lazzaretto & Associates i Dominic D. Lazzaretto Associate Experience Dominic Lazzaretto has assumed redevelopment related responsibilities in preparing Implementation Plans under AB 1290 for the Cities of Santa Fe Springs, Perris, La Habra, La Palma, Montebello, Bellflower, Vista, & San Juan Capistrano; assisting in the formation & amendment of project areas in the Cities of Paramount, La Habra, Santa Fe Springs, & Artesia; & expediting the Section 108 loan & EDI Grant application process for the Cities of Norwalk & Pico Rivera. Mr. Lazzaretto has also reviewed Disposition & Development documents for the City of Pico Rivera & created Property Disposition Reports for the Cities of Norwalk & Fresno. In addition to assisting with redevelopment activities, Dominic has managed projects dealing with various municipal functions, including the research & implementation of the Safety Service Contracts in the Cities of Santa Fe Springs, Whittier, La Mirada, La Habra Heights, & Rancho Cucamonga; working with Joint Powers Authorities, the Cities of Bellflower, & Santa Fe Springs in applying for & managing Recycling Grants; & assisting with the background investigation process for potential management personnel in the City of Arcadia. He has also been a key member of the team that revised Southern California Edison's Electric & Magnetic Fields Design Guidelines. Prior to joining the firm in 1994, Mr. Lazzaretto held several positions within the hospitality industry, where he worked directly with corporations of all sizes & a number of local, state, & federal agencies. The professional expertise that Dominic brings to the firm includes project research & development, financial modeling, public outreach, & feasibility assessments. He has an excellent understanding of the California Redevelopment Law, as revised by AB1290, & a working knowledge of CEQA & NEPA requirements. Education Master of Public Administration Cahfornia State University, Long Beach, California Public Policy & Administration Bachelor of Science with Honors & High Distinction Pennsylvania State University, University Park, Pennsylvania Hotel, Restaurant, & Institutional Management Member Municipal Management Assistants of Southern California California Redevelopment Association May 10, 2002 Page 13 A.C. Lazzaretto & Associates 5. References The following references represent a list of persons who employed or worked with A.C. Lamretto & Associates on Project Area adoption, merger, or amendment projects. Additionally, several of the contacts listed below have employed our fum for redevelopment implementation projects. Mr. Fred Latham, City Manager City of Santa Fe Springs 11710 Telegraph Road, Santa Fe Springs, CA 90670 (562) 868 -0511 Amendment No. III to the Consolidated Redevelopment Project Area & Amendment No. 1 to the Washington Blvd. Project Area Mr. Tom Monk, City Manager & Executive Director of the Redevelopment Agency City of La Habra 201 E. La Habra Blvd., La Habra, CA 90631 (562) 905 -9700 Delta 1, Alpha 4, & Consolidated Project Areas Ms. Lari Sheehan, Assistant Administration Officer Los Angeles County CAD's Office Kenneth Hahn Hall of Administration, 500 W. Temple, Room 723, Los Angeles, CA 90012 (213) 974 -1174 Chinatown Redevelopment Project & LAX Master Plan EIR/EIS Review Mr. William Holt, Executive Director California Joint Powers Insurance Authority 4952 La Palma Ave., La Palma, CA 90623 (562) 402 -6372 Redevelopment Project Areas No. 2 & 3 (in Paramount) Mr. Tom Parrington, Attorney at Law Tompkins & Parrington P.O. Box 589, Alhambra, CA 91802 -0589 (626) 289 -3727 Various Project Area Adoptions May 10, 2002 Page 14 A.C. Lazzaretto & Associates 6. Scope of Work The following section will identify the specific tasks that will be completed throughout this project. Costs for the project are described under Price Proposal on Page 19. It is our understanding that this project would not include the actual dissolution action; rather, it would be an assessment, report, and recommendation on the impacts and issues that would arise should the Redevelopment Agency cease operations. The list below is merely provided as a framework for the evaluation of progress on this project. The proposed outline of services has been prepared in a broad fashion in order to give the Agency as much flexibility as possible. Many of these tasks — while generally organized in the order that they will be completed — will be conducted simultaneously and incorporated into other actions. The tasks that have specifically been identified at this time are as follows: of Work t Kick-Off Meetings: A series of meetings between team members and City staff to discuss project specifics, identify goals, and familiarize ourselves with program objectives. Creation of Project Schedule: Based on legal requirements and information gathered at the kick-0ff meetings, a project schedule will be created which identifies target dates. This 2 schedule will contain any pertinent code references and will be updated regularly as the project evolves. Once complete, the Schedule will provide a history of the actions taken and have references to any resolution numbers and Ordinances that are adopted as part of this project. Document Review: In initial stages of the project, A.C. l a„are0o & Associates will gather pertinent documents from the Redevelopment Agency including the adopted Redevelopment Plans and any associated amendments, Implementation Plans, annual y budgets, disposition and development agreements, pass - through agreements, land use covenants, and staff reports for project - related activities. We will review these documents to identify any roadblocks to dissolution of the Agency and to get a better feel for the goals and objectives of each project area. These documents will also assist in the more detailed analyses that will follow. Legal Issues Identification: With the assistance of your Agency attorney, we will conduct a thorough review of court rulings and legal requirements concerning the dissolution of a 4 redevelopment agency. California Redevelopment Law has recently been updated to require additional conditions prior to dosing redevelopment projects and this analysis will ensure that the requirements and the process of dissolution are clearly understood. Blight Analysis: This will be a general physical analysis of the project areas to identify current conditions. Photos will be taken to support findings. In addition, property tax, crime 6 data, vacancy rates, and other available financial information will be reviewed to identify the economic conditions of the project areas. The essential question to be answered in this step will be the goals and objectives of the redevelopment agency been satisfied such that dissolution would be justified? May 10, 2002 Page 15 A.C.Lazzaretto & Associates Task Description of Action Tax Increment Projections /Fiscal Analysis: Through a review of recent tax increment history and an analysis of project area budgets and financial statements, we will establish detailed tax increment projections and assess the fiscal impact of dosing the project areas and terminating the Redevelopment Agency. This step will aim include an analysis of tax 6 increment that would be passed through to the Low and Moderate Income Housing Fund as wall as to affected taxing entities. In addition, the fiscal analysis wit review any long- term debt (bonds, loans, etc.) that is outstanding to ensure that they can be retired prior to dissolution of the Agency and a review of Agency assets will be conducted to identify whether they need to be disposed of prior to dissolution or if they can be transferred to the city. Affordable Housing Production Requirements: Recent changes to the redevelopment law now require certain housing requirements be met prior to declaring that no further need T for redevelopment exists. We will assess past affordable housing development in the project areas as well as in the City as a whole to determine if these requirements have been met. Should additional affordable housing production be needed, we will detail the type and number of units needed prior to dissolving the Agency. Taxing Agency Consultation: While it is expected that the taxing entities affected by the redevelopment project areas would welcome the termination of the projects, we will offer 8 consultation to these agencies to ascertain their position on the proposed action. Any letters of support received by taxing entities would be helpful if challenges to the dissolution were made later. Project Area Committee Consultation: Should then: be one or more project area committees in the existing project areas, we will review their by -laws to ensure that they would not affect the dissolution process. In addition, we will meet with the PAC to review 9 the method of dissolution and the reasons for conducting such an action. Their input and approval would be sought. As with the taxing agency oonsuhation, this step would not be integral to a dissolution action, but would serve to support any future actions taken by the Agency. Public Outreach: We would recommend holding at least one public information session during this process to allow the public a method of addressing concerns and asking questions prior to moving forward with dissolution. This would help to identify any major 10 concerns that would arise out of considering dissolution. If the action were seen by the public as being controversial, we would recommend increasing the number of public information meetings. Finally, we would also offer consultation to any active community organizations in the project areas. Environmental Review: This will be the primary task of Bauer Environmental Services. A review of the adopted Environmental Impact Reports as well as any subsequent, relevant it documents will be conducted to ensure that all CEOA requirements have been met by the Agency. That is, the review will assess .whether all mitigation measures have been properly adopted and ail environmental impacts have been minimized to the extent possible prior to the dosing of the redevelopment projects. Report of Findings & Recommendation: Based on the information gathered in the previous steps and the results of the various analyses, A.C. Lazzaretto & Associates will 12 prepare a preliminary report of findings and make recommendations on future actions. It is expected that City staff will review and comment on the draft document pdor to the finalization of the report. We would expect the document to be finalized after two draft versions. May 10, 2002 Page 16 A.C. Lazzaretto & Associates Presentation of Findings: As part of the completion of this project, we will present our 13 findings and recommendations to the City CoundllRedevelopment Agency. This can simply be in the forth of distributing the final version of our report, but we would also anticipate a PowerPoint presentation at a public meeting of the bodies. Consultant Oversight: A.C. Lazzaretto & Associates, acting as lead consultant on the 14 project, will Interface with, and coordinate work assignments for, Bauer Environmental Services and any other subconsultants brought in to assist on this project. Status Reports: In addition to updating the project schedule regularly, we will provide 15 periodic verbal and written status reports to City staff to ensure that all team members are comfortable with the process as well as the progress of the pmjed. Meeting Attendance: Members of A.C. Lazzaretto & Associates will be in attendance up 1s to two meetings of the Agency Board, as requested or appropriate, to answer questions, provide updates, and to ensure that any legal requirements are met. Any additional meetings would be billed at our normal hourly rates. Associated Duties: In addition to those tasks identified above, we will provide all services related to the analysis of Redevelopment Agency dissolution and general assistance as 17 requested. Generally speaking, these items will be included in the 'not- to-exceed' figure Identified below; however those tasks requested which are outside of this Scope of Work will be billed at regular hourly rates. Project Timeline It is expected that the analysis should be completed in 90 days from the initiation of the project, with our preliminary report of findings coming after 60 days. As stated in the Scope of Work, a specific project timeline and schedule will be established at the initial stages of the project. May 10, 2002 Page 17 A.C. Lazzaretto & Associates 7. Legal Stipulations A.C. Lazzaretto & Associates agrees to comply with all federal, state, and local laws, regulations, and guidelines associated with the completion of this project. Specifically, we agree to the terns listed below. Insurance Coverage Upon commencing the work, we will provide Certificates of Insurance and Endorsements for the following coverages. Your City /Agency will be added as an additional insured on our policies: ➢ Worker's Compensation covering all persons who may be employed directly or indirectly in carrying out the work program as outlined; • General Liability and Property Damage Insurance to protect against claims and liabilities from personal injury, death, or property damage arising from study activities, providing protection of at least $1,000,000 for bodily injury or death to any one accident or occurrence and at least $1,000,000 for property damages; and • Automobile liability insurance in an amount not less than $500,000 combined single limit per accident for bodily injury and property damages covering owned, non - owned, and hired vehicles. At this time, it is not possible of A.C. Lazzaretto & Associates to obtain professional liability insurance, typically referred to as errors and omissions coverage. This type of insurance coverage is not available in our industry for the type of work our firm does. At such time that insurance companies are willing to write policies for management consulting, we would purchase the insurance. Non - Discrimination A.C. Lazzaretto & Associates hereby agrees not to discriminate on the grounds of race, religion, color, sex, age, national origin, or handicap in the completion of this project. Independent Contractor Status A.C. Lazzaretto & Associates understands that all services performed under this project shall be performed as an independent contractor and not as an agent of your agency. Your agency shall not be considered the employer, co- employer, or joint employer ot; or with the officers, employees, or agents of A.C. Lazzaretto & Associates. Our firm shall have the sole control, supervision, direction, and responsibility for deciding the manner and means of providing the services, except as outlined in the contract and its attachments or exhibits. May 10, 2002 Page 18 A.C. Lazzaretto & Associates 8. Price Proposal We propose that an hourly rate be charged based on our standard billing rates identified below, with a negotiated "not -to- exceed" figure established. In addition to the established figure, it is expected that Seal Beach would provide reimbursement for expenses incurred in direct association with the completion of this project. Such expenses would include duplication fees, mailing of notices, photo processing fees, and the cost of gathering property and sales tax data from independent sources. Travel to and from meetings would not be charged to the City. Hourly Billing Rates A.C. Lazitaretto & Associates The table below identifies the total expected cost for the Project including the fees for subconsultants. Reimbursable expenses and tasks completed outside the identified Scope of Services would be in addition to the "not -to- exceed" figure set for this Project. Total Anticipated Fee Evaluation of the Proposed Dissolution Of the Seal Beach Redevelopment A enc A.C. Lazzarettc & Associates $20,500 Bauer Environmental Services $4,500 Total $25,000 Reproducfon. blueprinting, messenger service and other direct expenses will 6e charged at cost. A subconsultant management charge of fifteen (i5 %) percent will be added to the direct cost of all subconsultant services to provide for the cost of administration, subconsultant consultation, and insurance. __ �. __ May 10, 2002 Page 19 Principal $135.00 Senior Associate $95.00 Associate $75.00 Senior Analyst $55.00 Project Analyst $45.00 Secretarial & Clerical $24.50 The table below identifies the total expected cost for the Project including the fees for subconsultants. Reimbursable expenses and tasks completed outside the identified Scope of Services would be in addition to the "not -to- exceed" figure set for this Project. Total Anticipated Fee Evaluation of the Proposed Dissolution Of the Seal Beach Redevelopment A enc A.C. Lazzarettc & Associates $20,500 Bauer Environmental Services $4,500 Total $25,000 Reproducfon. blueprinting, messenger service and other direct expenses will 6e charged at cost. A subconsultant management charge of fifteen (i5 %) percent will be added to the direct cost of all subconsultant services to provide for the cost of administration, subconsultant consultation, and insurance. __ �. __ May 10, 2002 Page 19 A.C. Lazzaretto & Associates 9. Attachment 1- Bauer Environmental Services Statement of Qualifications May 10, 2002 Page 20 QUALIFICATIONS STATEMENT Bauer Planning and Environmental Services, Incorporated (BPES) provides environmental, demographic and planning services to public agency and private sector clients with a major emphasis on environmental issues associated with water supply, wastewater treatment, reclaimed water, Best Management Practices programs, and Watershed studies. BPES clients include California water and wastewater agencies, which represent the primary professional orientation of the firm, as well as cities, engineering companies, private landowners, citrus producers, and the sand and gravel industry. As a small business, BPES is committed to personal service, high quality products, close communication, and enduring client relationships. The firm is based in Tustin, California. Ms. Bauer's background includes Master's and Bachelor's Degrees from University of California at Irvine in environmental studies, and 25 years of professional environmental consulting experience. In 1982, Ms. Bauer co- founded Michael Brandman Associates, a major California environmental consulting organization, and served as a partner of that firm until establishing BPES in March of 1988. Ms. Bauer is past Treasurer of the statewide Association of Environmental Professionals, served as a member of the National Water Research Institute Task Force, acted as Secretary of the Malibu Creek Watershed Natural Resource Plan Executive Committee, and is past President of the Los Alisos Water District Board of Directors, on which she served between 1984 and 1995. She has been guest speaker at a variety of educational institutions and conferences. Ms. Bauer's resume, including information regarding educational background, professional history and affiliations, and publications, is provided on the following page. A summary of the specific areas of environmental expertise and services offered by BPES is included on the page thereafter, followed by client references. A summary of BPES project experience (including general environmental consulting, demographic analyses, and studies of water, reclaimed water and watershed issues) is presented as the final component of this qualifications statement. Bauer Planning and Environmental Services, Inc. 15901 Red Hill Avenue • Suite 210 Tustin, California 92780 • Tel 714.258.8055 FAX 714.258.7755 bauer7 @eanhlink.net Consideration of Consultant Services - Dissolution of RedevelopmentAgency Redevelopment Agency Staff Report May 18, 2001 ATTACHMENT 5 REQUEST FOR PROPOSAL RE: DISSOLUTION OF REDEVELOPMENT AGENCY, CITY LETTER DATED APRIL 25, 2002 Dissolution ofApmy.RDA Stun' Report April 25, 2002 FILE COPY A. C. Lazzaretto & Associates Attn: Andrew Lazzaretto P.O. Box 3073 Burbank, CA 91504 Dear Mr. Lazzaretto SUBJECT: CITY OF SEAL BEACH - PROPOSAL RE: DISSOLUTION OF REDEVELOPMENT AGENCY The Redevelopment Agency of the City of Seal Beach has requested staff to have an evaluation prepared of the benefits and detriments of the dissolution of the Redevelopment Agency. The City Manager/Executive Director has requested that various firms prepare proposals for Agency consideration of a cost proposal for a study of the process, financial impacts, and other issues of concern regarding a potential dissolution of the Redevelopment Agency of the City of Seal Beach. In accordance with this direction from the City Manager/Executive Director, I am including two documents for your reference in preparing the proposal, which will include: ❑ scope of work • time schedule • fees • capabilities to perform requested services • proposed sub - consultants and capabilities. The following documents are provided for your use in preparing the proposal: ❑ 2000 -2005 AB 1290 Implementation Plan, April 2002 ❑ Financial Statement, June 30, 2001 The City Manager/Executive Director is hopeful of presenting a recommendation to the Agency on Tuesday,. May 28, 2002. In order to evaluate the proposals and conduct interviews with the responding firms, please submit 10 copies of your proposal to my office by 5:00 PM, Monday, May 13, 2002. Interviews would be conducted the week of May 20, 2002. C.Wy DwuMC=%DADbsnlu1i0n of Agency RFP - Lazaretto Lettecdoc %M04 -25 -02 Transmittal Letter to Lazzaretto & Associates re: Proposal for Potential Dissolution of the Redevelopment Agency ofthe City of Seal Beach April 25, 1002 Please contact my office at your earliest convenience if you require additional information or have questions regarding the enclosed documents. I can be reached at. (562) 431 -2527, extension 313, or by e-mail at lwhittenberg @ci.seal - beach.ca.us. Sincerely, ee WhittG enber %g�L %G� Lor of Development Services Enclosures: (2) Enclosure 1: "2000 -2005 Seal Beach Redevelopment Implementation Plan ", adopted by the Seal Beach Redevelopment Agency April 22, 2002 Enclosure 2: Seal Beach Redevelopment Agency Financial Statements, June 30, 2001 cc: City Manager (w /o enclosures) Dissolution of Agency RFP - Lava fto Letter 2