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Home My WebLink AboutRDA AG PKT 2005-10-24 #2 AGENDA REPORT DATE: October 24, 2005 TO: Chairperson and Members of the Redevelopment Agency THRU: John B. Bahorski, Executive Director FROM: Lee Whittenberg, Director of Development Services SUBJECT: ADOPTION OF THE THIRD FIVE - YEAR IMPLEMENTATION PLAN AND AFFORDABLE HOUSING • COMPLIANCE PLAN FOR THE RIVERFRONT AND SURFSIDE REDEVELOPMENT PROJECT AREAS • SUMMARY OF REQUEST: Conduct Public Hearing and Adopt Resolution Number , A Resolution of the Seal Beach Redevelopment Agency Adopting the Riverfront and Surfside Redevelopment Project Area 2004 -05 to 2008 -09 Five -Year Implementation Plan and Appendix A, the 2004 -05 to 2013- 14 Ten -Year Affordable Housing Compliance Plan for the Riverfront and Surfside Redevelopment Project Areas. BACKGROUND: In 1993, the State of California enacted Assembly Bill 1290, adding Section 33490 to the California Redevelopment Law ( "CRL "). Section 33490 of the California Community Redevelopment Law requires this Plan to include the following: ❑ Specific Agency goals and objectives for each Project Area; ❑ Specific programs, potential projects, and estimated expenditures proposed by the Agency over the five -year planning period, and; ❑ An explanation of how Agency goals, objectives, programs, and expenditures will eliminate blight within each Project Area and improve and increase the supply of housing affordable to very low, low, and moderate income households. The public hearing for this Third Five Year Implementation Plan has been duly noticed and posted in accordance with CRL Section 33490(d). This Implementation Plan will guide the Agency's actions in implementing key redevelopment projects in the Project Areas. A mid -term review and update of this Implementation Plan will take place between the second and third years after the adoption date pursuant to the requirements of Agenda Item R0d9 -2 Z:\My Documents\RDA\2005 -09 Implementation Plan.CC Staff Report.doc \LW\10 -06 -05 Adoption of 2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 the CRL. The Implementation Plan focuses on the projects, programs, and estimated revenues and expenditures planned for the Project Areas. Pursuant to CRL Section 33490, an Implementation Plan serves as a policy and strategy document, rather than a contract, that will guide current and future projects and programs of the Agency. The goals of the Agency for this Implementation Plan period are to: 1. Encourage the redevelopment of the Riverfront Project Area in a manner consistent with the City's General Plan and/or specific development plans and may be adopted from time to time through the cooperation of private enterprise and public agencies; 2. Enhance the long term economic well -being of the community; 3. Provide for the rehabilitation of commercial and industrial structures and residential dwelling units; 4. Provide public infrastructure improvements and community facilities, including the installation, construction, and/or reconstruction of streets, utilities, public buildings and facilities (such as facilities for pedestrian circulation and parking facilities), storm drains, utility under grounding, or structures, street lighting, landscaping, and other improvements which are necessary for the effective redevelopment of the Riverfront Project Area; 5. Provide for participation in the redevelopment of property in the Riverfront Project Area, where feasible. All projects undertaken will be in conformance with the Riverfront Redevelopment Plan; 6. Encourage cooperative efforts among property owners, businesses and public agencies to achieve the economic development goals of the City and Agency and develop programs aimed at preventing or eliminating existing blighting conditions; 7. Increase, improve, and preserve the community's supply of affordable housing. The Implementation Plan is divided into two separate components; a Redevelopment Component and a Housing Component. The Redevelopment Component: ❑ reviews the goals and objectives of each Redevelopment Project Plan; ❑ identifies the Agency's strategy to achieve these goals and objectives; ❑ presents the projects, programs and expenditures (other than those relating to low and moderate income housing) that have been developed as a means to attain the goals and objectives; and ❑ describes how the goals and objectives, projects, programs and expenditures will eliminate blight within the Project Area. 2 2005 -09 Implementation PIan.CC Staff Report Adoption of 2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 Additionally, pursuant to Section 33490 of the CRL, an implementation plan must explain how the components will implement various requirements regarding low and moderate income housing. Generally, the goals, activities and expenditures described in the Redevelopment Component of this Implementation Plan do not meet the housing requirements of the CRL. The activities that are intended to address the housing requirements are contained in the Housing Component of this Implementation Plan. Adoption of this Implementation Plan does not trigger authorization of any of the included projects. Projects to be undertaken by the Agency are subject to discretionary approvals by the Agency, as well as environmental clearance as determined by staff. Pursuant to Section 33490(a)(1)(B), adoption of an implementation plan shall not constitute a "project" within the meaning of the California Environmental Quality Act (CEQA, Public Resources Code Section 21000 et seq.), and inclusion of any project or program in the implementation plan shall not eliminate environmental analysis and clearance that would otherwise be required. Redevelopment Activities: This Third Five Year Implementation Plan has been prepared for the Agency's Riverfront and Surfside Redevelopment Project Areas (Please refer to Attachment 2 to review this document). It contains the goals and objectives for the Agency and the Project Areas for this Implementation Plan period. It also contains an assessment of the current conditions of blight, and identifies proposed projects, resources, and expenditures for the five year planning period. As the major goal of the Surfside Project Area was accomplished with the completion of the rock revetment wall in 1984, the Implementation Plan focuses solely on the goals and activities of the Riverfront Project Area. The Redevelopment Agency has completed several projects and eliminated many of the blighting conditions originally identified in the Riverfront Project Area. Redevelopment activities undertaken since adoption of the Riverfront Project Area and those currently being pursued by the Agency address the blighting conditions originally identified in the Riverfront Redevelopment Plan. The projects previously undertaken within the Riverfront Project Area include the following (not all had direct Redevelopment Agency participation): ❑ Bridgeport, a planned residential community of 176 homes; ❑ Riverbeach Condominiums, a 80 -unit condominium project; ❑ Seal Beach Trailer Park, a 125 -space trailer park; ❑ Oakwood Apartments, a 549 -unit apartment complex; ❑ Bay City Center, a neighborhood commercial center comprising of roughly 45,000 square feet of gross space for lease; and 2005 -09 Implementation PIan.CC Staff Report 3 Adoption of 2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 ❑ The Greenbelt, a city -owned open space area of 5.48 acres which runs from Fifth Street to Seal Beach Boulevard and includes the Mary Wilson Library and Red Car Museum. A summary of activities within each project area of the Riverfront Redevelopment Project Area is provided as Attachment 4 for the information of the Agencymembers and the public. The Agency has also completed the major goal of the Surfside Project Area. In 1984, a rock revetment wall was established to mitigate flooding and erosion to coastal homes. Since the completion of this project, the Surfside Project Area has been inactive in terms of collecting tax increment funds. Proposed Redevelopment Agency Projects, 2004 -05 through 2008 -09 The City of Seal Beach Redevelopment Agency prepares to undertake projects that will address the remaining blighting conditions within the Project Area. A summary of future implementation activities is as follows: ❑ Corporation Yard NPDES/Water Quality Facilities: This project addresses localized flooding and other infrastructure deficiencies within the Riverfront Project Area. The Agency plans to contribute $300,000 towards this project over the next five years. ❑ West End Pump Station Replacement: Like the Corporation Yard, this project also addresses localized flooding and infrastructure deficiencies within the Riverfront Project Area. Over the next five years, the Agency plans to contribute $3,390,629 toward this project. The previous Implementation Plan proposed the following projects: ❑ FY 2001/02 - Library improvement for $42,000 ❑ FY 2002/03 - Corporation Yard NPDES/Water Quality Facilities for $350,000 ❑ FY 2002/03 - West End Pump Station Replacement for $2,300,000 As can be seen in comparing the two separate Implementation Plans, the proposed Plan carries forward the Corporation Yard NPDES /Water Quality Facilities and Corporation Yard NPDES /Water Quality Facilities projects with modified funding levels based on more current cost estimates. No new projects are being proposed. Affordable Housing Requirements The Five Year Housing Implementation Plan and Ten Year Affordable Housing Compliance Plan ( "Compliance Plan") (2004 /05 through 2013/14) have been prepared as a composite plan to address affordable housing production needs. The Compliance Plan 4 2005 -09 Implementation PIan.CC Staff Report Adoption of 2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 contains the housing goals and objectives for the Agency including a proposed program to address housing production needs with projected financial resources. The Compliance Plan (Please refer to Attachment 3 to review this document) is focused on the Agency's housing obligations pursuant to California Redevelopment Law. The housing programs identified within this plan are consistent with the 2000 Seal Beach Housing Element, which identified the following housing goals: ❑ Facilitate the development of a variety of housing types for all income levels to meet the existing and future housing needs of residents; ❑ Assist in the development of adequate housing to meet the needs of low and moderate income households; ❑ Address, and where appropriate and legally possible, remove governmental constraints to the maintenance, improvement, and development of housing; ❑ Maintain and enhance the existing quality of residential neighborhoods in Seal • Beach; ❑ Promote equal housing opportunities for all persons regardless of race, color, national origin, ancestry, religion, sex, marital status, or familial status. The Riverfront Redevelopment Project was created on March 1969, seven years before the Inclusionary Housing Requirement was integrated into the CRL. The inclusionary housing requirements prescribed in the CRL do NOT apply to the Riverfront Project. However, because the Riverfront Project generates housing set aside funds on an annual basis, the Agency is required to spend such funds to preserve, improve, and increase the stock of housing that is affordable to very -low, low, and moderate income households. Accordingly, this Compliance Plan delineates the projects and programs that the Agency intends to conduct to meet this task. The Surfside Redevelopment Project has not collected housing set aside funds due to the inactivity of the project. Therefore, there are no related projects and/or programs intended to be undertaken during this Compliance Plan period. The Agency acknowledges its task in addressing the overall need for affordable units within the community. According to the Regional Housing Needs Assessment Report issued by the Southern California Association of Governments, the total production needs for affordable units in the City of Seal Beach from 1998 to 2005 were: ❑ Very Low Income — 76 units . ❑ Low Income — 35 units ❑ Unrestricted — 154 Units Pursuant to Section 33334.4 of the CRL, the Agency must expend a proportionate amount of Housing Set -Aside funds in relation to the City's need. Aligning with this stipulation, the Agency may allocate 29% of Set Aside funds to very low income units, 13% to low income units, and 58% may be allocated to fund very low, low and moderate income units. • 2005 -09 Implementation PIan.CC Staff Report 5 Adoption of 2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 The Compliance Plan includes proposed housing projects that the Agency will undertake in order to meet the identified needs of the community. To ensure the long -term preservation of the Seal Beach Trailer Park as an important affordable housing resource, the City has worked with LINC Housing, a nonprofit housing organization, and the residents of the Seal Beach Trailer Park to ensure tenant ownership of the park. That goal was achieved on September 15, 2005 when the transfer of ownership of the Seal Beach Trailer Park from LINC Housing to Seal Beach Affordable Housing Corporation occurred. The Agency has committed to providing funds to assist residents of the Seal Beach Trailer Park for rental assistance, and will continue to do so over the life of this Compliance Plan period. Over the next ten years, the Agency anticipates providing approximately $1.8 million in such rental assistance. The Compliance Plan also indicates that the Agency will continue to offer a range of loan and grant programs throughout the community to assist in the rehabilitation and maintenance of existing residential structures occupied by persons and families of low and moderate income. Over the next ten years, the Agency anticipates providing approximately $1.8 million in such assistance. These same programs were set forth and discussed in the previous Implementation Plan. No new housing assistance programs are being proposed over what the Agency has offered for the past 5 years. ENVIRONMENTAL IMPACT: There are no environmental impacts as a result of the adoption of this Implementation Plan. Pursuant to Section 33490(a)(1)(B), adoption of an implementation plan shall not constitute a "project" within the meaning of the California Environmental Quality Act (CEQA, Public Resources Code Section 21000 et seq.), and inclusion of any project or program in the implementation plan shall not eliminate environmental analysis and clearance that would otherwise be required. • FISCAL IMPACT: There will be no immediate direct fiscal impact upon Agency or City. The first and second years of the Implementation Plan and Compliance Plan include programs, projects, and expenditures that were approved in the FY 2004 -05 and 2005 -06 Agency budgets, respectively. Programs, projects, and expenditures identified in subsequent fiscal years are shown for planning purposes only. No funds have been or are to be committed at this time. RECOMMENDATION: Conduct Public Hearing and Adopt Resolution Number, A Resolution of the Seal Beach Redevelopment Agency Adopting the Riverfront and Surfside Redevelopment Project Area 2004 -05 to 2008 -09 Five -Year Implementation Plan and Appendix A, the 2004 -05 to 2013 - 6 2005 -09 Implementation PIan.CC Staff Report ' Adoption of 2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 14 Ten -Year 'Affordable Housing Compliance Plan for the Riverfront and Surfside • Redevelopment Project Areas. N • E 0 • D APP !4 " ED: 1. AI 4' / � e Whitt nberg : B. Baho ski, Executive Director Director of Development Servi - r edevelopment Agency Attachments: (4) Attachment 1: Resolution Number , A Resolution of the Seal Beach Redevelopment Agency Adopting the Riverfront and . Surfside Redevelopment Project Area 2004 -05 to 2008 -09 Five -Year Implementation Plan and Appendix A, the 2004- 05 to 2013 -14 Ten -Year Affordable Housing Compliance Plan for the Riverfront and Surfside Redevelopment Project Areas Attachment 2: Riverfront Redevelopment Project and Surfside • Redevelopment Project Five -Year Implementation Plan (FY 2004 -05 to 2008 -09), Seal Beach Redevelopment Agency, dated October 24, 2005 Attachment 3: Ten -Year Affordable Housing Compliance Plan (2004 -05 through 2013 -14) - Appendix A to the Riverfront Redevelopment Project and Surfside Redevelopment • Project Five -Year Implementation Plan (FY 2004 -05 to 2008 -09), Seal Beach Redevelopment Agency, dated October 24, 2005 Attachment 4: Progress in Implementing Redevelopment Activities 2005 -09 Implementation Plan.CC Staff Report 7 Adoption of 2004 -05 through 2008 -09 hnplementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 ATTACHMENT 1 RESOLUTION NUMBER , A RESOLUTION OF THE SEAL BEACH REDEVELOPMENT AGENCY ADOPTING THE RIVERFRONT AND SURFSIDE REDEVELOPMENT PROJECT AREA 2004 -05 TO 2008 -09 FIVE -YEAR IMPLEMENTATION PLAN AND APPENDIX A, THE 2004 -05 TO 2013 -14 TEN -YEAR AFFORDABLE HOUSING COMPLIANCE PLAN FOR THE RIVERFRONT AND SURFSIDE REDEVELOPMENT PROJECT AREAS 2005 -09 Implementation Plan.CC Staff Report 8 Adoption of 2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan _ Redevelopment Agency Staff Report October 24, 2005 RESOLUTION NUMBER A RESOLUTION OF THE SEAL BEACH REDEVELOPMENT AGENCY ADOPTING THE RIVERFRONT AND SURFSIDE REDEVELOPMENT PROJECT AREA 2004 -05 TO 2008 -09 FIVE -YEAR IMPLEMENTATION PLAN AND APPENDIX A, THE 2004 -05 TO . 2013 -14 TEN -YEAR AFFORDABLE HOUSING COMPLIANCE PLAN FOR THE RIVERFRONT AND SURFSIDE REDEVELOPMENT PROJECT AREAS THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section 1. The Redevelopment Plan for the Riverfront Redevelopment Project of the Redevelopment Agency of the City of Seal Beach (the "Agency ") was approved and adopted by Ordinance No. 780 of the City Council of the City of Seal Beach (the "City Council ") on March 3, 1969, and has been amended on eight separate occasions. The Redevelopment Plan for the Surfside Redevelopment Project of the Agency was approved and adopted by Ordinance No. 1134 of the City Council on December 20, 1982, and has been amended from time to time. Section 2. Health and Safety Code Section 33490 requires that each redevelopment agency that has adopted a redevelopment plan prior to December 31, 1993, adopt, after a public hearing, an implementation plan every five years containing the specific goals and objectives of the agency for the project area, the specific programs (including potential projects), and estimated expenditures proposed to be made during the next five years, and an explanation of how the goals and objectives, programs and expenditures will eliminate blight within the project area and implement the low and moderate income housing requirements of the Community Redevelopment Law (Health and Safety Code Section 33000, et _sec .). Section 3. The Agency has prepared an implementation plan (the "Implementation Plan") for the Riverfront Redevelopment Project and the Surfside Redevelopment Project (collectively, the "Project Areas ") in accordance with the requirements of Health and Safety Code Section 33490. 2005 -09 Implementation Plan.CC Staff Report 9 Adoption of 2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 Section 4. On October 24, 2005, the Agency held a duly noticed public hearing on the proposed adoption of the 2004/05 — 2008 /09 Implementation Plan at which time all persons desiring to comment on or ask questions concerning the Implementation Plan were given the opportunity to do so. Prior to the public hearing on the Implementation Plan, a draft of the Implementation Plan was available for public inspection in the office of the City Clerk. Section 5. The Agency has reviewed and considered all written and oral comments, questions and concerns regarding the Implementation Plan received prior to and at the public hearing on the Implementation Plan. Section 6. The Agency hereby adopts the Implementation Plan presented to the Agency on October 24, 2005, and on file in the office of the City Clerk and incorporated herein by reference as the implementation plan for the Project Areas pursuant to the requirements of Healthaand Safety Code Section 33490. Section 7. The Implementation Plan may be amended from time to time after a public hearing on the proposed amendment. Section 8. Pursuant to Section 33490(a)(1)(B), adoption of the Implementation Plan shall not constitute a "project" within the meaning of the California Environmental Quality Act (CEQA, Public Resources Code Section 21000 et seq.), and inclusion of any project or program in the implementation plan shall not eliminate • environmental analysis and clearance that would otherwise be required. Section 9. The Agency hereby directs that the Implementation Plan remain on file in the office of the City Clerk and be open to public inspection. PASSED, APPROVED AND ADOPTED by the Seal Beach Redevelopment Agency at a meeting thereof held on the 24th day of October, 2005, by the following vote: AYES: Agency Members NOES: Agency Members ABSTAIN: Agency Members ABSENT: Agency Members CHAIRMAN 10 2005 -09 Implementation Plan.CC Staff Report Adoption of 2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 ATTEST: SECRETARY STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } I, Linda Devine, City Clerk of the City of Seal Beach, California, and Secretary to the Seal Beach Redevelopment Agency, do hereby certify that the foregoing resolution is the original copy of Resolution Number on file in the office of the City Clerk, passed, approved, and adopted by the Seal Beach Redevelopment Agency, at a regular meeting thereof held on the 24th day of October, 2005. Linda Devine, City Clerk/Secretary Seal Beach Redevelopment Agency • 11 2005 -09 Implementation PIan.CC Staff Report Adoption of 2004 -05 through 2008 -09 hnplementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 ATTACHMENT 2 RIVERFRONT REDEVELOPMENT PROJECT AND SURFSIDE REDEVELOPMENT PROJECT FIVE -YEAR IMPLEMENTATION PLAN (FY 2004 -05 TO 2008 -09), SEAL BEACH REDEVELOPMENT AGENCY, DATED OCTOBER 24, 2005 12 2005 -09 Implementation PIan.CC Staff Report ' f 4t :sw---- '- ' . 1 " Seal Beach Redevelopment Agency '4' &t - ., N x, ^a , Five -Year ImpIementatiOWPi tt (FY 2004 -05 to 2008 -09)r �fi i,:, V • • Riverfront Redevelopment Project Area • Surfside Redevelopment Project ° Area •:,,..„ . October 24, 2005 N. Prepared For: Seal Beach Redevelopment Agency 211 Eighth Street; :.. , : Seal Beach, CA` ,90740 - -; Prepared By: 1 RSG , INTELLIGENT COMMUNITY DEVELOPMENT 1V ROSENOW INC. 309 West 4th Street . " . Santa Ana, California 92701 -4502 W Phone: (714) 541 -4585 Fax: (714) 541 -1175 °._- litt E=Mail: info @webrsg.com r >s • 9 . tl4y e Five-Year Implementabon Plan (FY 2004051lin3ug1.Z008-09) , i \ 7 A, Riverfront & Surfside,Pto' jectAreas „,,. • it CITY OF SEAL BEACI-17- -..:- N. m... N , REDEVELOPMENT AGENCY BOARD 4,-' . 1 Ray Ybaben, Chair of the Board ,A Michael Levitt, Vice-Chair of the Board f 1,, - " i i John Larson, Board Member Charles Antos, Board Member k _ Paul Yost, Board Member -, ::• i ' - •:•--7,- , .,'„.,, ; 7 . • .. , ,. . REDEVELOPMENT AGENCY:STAFF AO John Bahorski, Executive Direetor, "Tf*.:- Lee Whittenberg; Director of Develojimeni Services r Quinn Barrow, (Richatds, Watson, and Gershon, Attorneys At Law) Nie . \, Agency Attorney - - N *' Linda Devine, Agency Secretary. # A O , Pamela ArendS , s .t.,.. , : t w - -: .. , i _ 1 r \ . xr „ Five-Year Implementalion Plan (FY 20011.05thnxi 8 2001309) 1• * -- -_, *tfe • Riverfront & SUrfsiddl 0 -. .= , . ..,.... TABLE OF CONTENTS, s) Introduction ,--- :4 ----. 1 Background • \ ' ,,,,. 4 Plan Limitations .. V> - *ik 6 Riverfront Project 6 • Surfside Project , 6 A,i . Goals And Objectives For All Project.Areas "°::. *, 7 * . . N' N , . : • Blighting Conditions 9 Riverfront Redevelopment frroject Area . z 10 - ,!bP , it th 4 , 7' ',...,, it,„ Prior Plan Period Accomplishments . 4! 12 • 4 :Ilk , " y Remaining Blighting Conditions. f 12 i . a ts 4 Five-Yearimplementation Plan Objectives 13 Financial Resources 13 N ' Anticipated ,Pjanning °Period Projects And Programs 15 Surfside Rede velopmeht Project Area 17 : .•:?<\,, , - - , ':, - Administration Of The4Impl1Omentation Plan 18 M 4 Adoption Process . 18 Mid ReView Process 18 •,;, , ‘ir , t •,,,,,... ., 4 i,,, •*fs • • '', INTRODUCTION ;'- ., This document is the Third Five -Year Implementation Plan 3 1m p (, p l entation ::. Plan ") for the City of Seal Beach Redevelopment Agency ( "Age e n y "): \ The Implementation Plan presents the Agency's goals, objectives, anticipated projects, and programs that will address remaining blighting conditions; hand provides estimated expenditures for the five -year planning period (Fiscal Years 2004 -05 through 2008 -09), for the Agency's two Redevelopment ProjectrA5eas, Surfside Project and Riverfront Project, which are collectively referred•Qo as "Project Areas." ,/\> V ( ) The Implementation Plan is divided into two separate components; the Redevelopment Component and the Ten Year Affordable Housing Compliance Plan. The Redevelopment Component a ac ccocnplis sh hes'thefoilowing actions: • Reviews the goals and objectives of each-Redevelopment Project Plan; • Identifies the Agency's strategy4o achieve these \goals and objectives; • Presents the projects, programs and expenditures (other than those relating to low and moderatecipcome housing) that have been developed as a means to attain the goals objectives; and • Describes how the goals and „ ' #`a objectives, / =projects, programs and �! J: / expenditures will eliminate blight Within:the Pr6j �ct Area. \ "%/ Additionally, pursuant to'`Section 33490 of the'California Redevelopment Law ( "CRL "), an implementation plan must explain how the components of the plan will implement various requirements regarding low and moderate income housing. Generally, the deials4activities and expenditures included in the Redevelopment Component of thelmplementation Plan do not execute the housing requirements of,the;CRL; those�activities are contained in the Ten Year Affordable Housing Compliance'Plan, The CRL also requires that thisv,,Implementation Plan address the Agency's affordable housing production and replacement housing needs. These items are specifically addressedfn the Terpear Affordable Housing Compliance Plan ( "Compliance Plan., attached heret a as "Appendix A." . Et Adopted by s tthe A gencNollowing an appropriately noticed public hearing on October 24, 2005, this'kmpleementation Plan will guide the Agency's actions in implementingFkey redevelopment projects in the Project Areas. A mid -term review and update of thismplementation Plan will take place between the second and third after adoption, pursuant to the requirements of the CRL. he I Plan focuses on the projects, programs, and estimated z . revenues and>expendi tubes planned for the Project Area. ` . This Implementation Plan is a general statement of direction rather than an "unalterable course /of action." The Implementation Plan has been prepared to �� set'pr orities for redevelopment activities within the City's two Project Areas for the /five -year planning period, and incorporates known program financial " .,obligations that may hinder essential near -term revitalization efforts. However, ROSE GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 1 V THIRD FIVE -YEAR IMPLEMENTATION PLAN _ new issues and opportunities are commonly encountered during t gTcourse of administering the redevelopment plans during this five- year iod_- Therefofe, the Implementation Plan may be amended if necessary to effectuate,its purpose- '` The goals of the Agency for this Implementation Plan period are to: `'; 1. Encourage the redevelopment of the Riverfront Project,Area in a manner consistent with the City's General Plan and /or specific development pl n s':as may be adopted from time to time through the operation :of private its enterprise and public agencies; e 2. Enhance the long term economic well -being of the ommunity; Si: .A 3. Provide for the rehabilitation of commercial and industr l 'structures and residential dwelling units; 4. Provide public infrastructure improverreand community facilities, including the installation, construction, and /p6reconstruction of streets utilities, public buildings and facilities (i.e. pedesfnen circulationt-and parking facilities), storm drains, utility under grounclinT street lighting landscaping and other improvements which are necessary for the effective redevelopment of the Riverfront Project Area; 5. Provide avenues for participation it thet.redevelop ent of property in the Riverfront Project , Area, where feasible , � said >r�edevelopment will conform with the respective Redevelopment Plan; 6. Encourage cooperativ efforts among property owners, businesses and public agencies to achieve the economic development goals of the City and Agency, and develop programs aimed at preventing or eliminating existing blighting conditions; •� r � t 7. Increase, improve and '`preserve the community's supply of affordable housing. Adoption of this Implementation Plan does not trigger authorization of any of the projects included in this plan. Projects to be undertaken by the Agency are subject to disc etio > ary a •proves; as well as environmental clearance as determined ty staffs : Pursuant to Section 33490(a)(1)(B), adoption of an implementation plan shatLnot constitute a "project" within the meaning of the California Er gi)ality Act (CEQA, Public Resources Code Section 21'000 et seq*, and inclusion of any project or program in the implementation plan` shall no eliminate environmental analysis and clearance that would othervuisebe regitred The Implementation Plan covers both the Riverfront and Surfside Redevelopmen L F?roject Area ( "Project Areas "). The original territory portion of the Redevelopment Plan of the Riverfront Project expires in 2009, while the y effectiveness of the Added Area terminates in 2014. The Redevelopment Plan `: ',; for` the Surfside Project expires in 2022. However, since its top priority was '` achieved in 1984, with the completion of a rock revetment wall to protect the ° °;oeean front residential units, the Surfside Project has been inactive in terms of ROSEIVOW SPEVACEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 2 'k THIRD FIVE -YEAR IMPLEMENTATION PLAN .t 7 0 further public improvement projects and generation of tax in `revenue. h:6* Therefore, this Implementation Plan will focus on the Ages ��non- housin g projects, programs, tax increment revenue and expenditures for the Riverfront . Project Area. The Implementation Plan serves as a blueprint for current and future Agency activities to eliminate blight and the Agency's implemeritation of its low and moderate income housing responsibilities. 4 ,,, r.: l r_ L 8 ` y P' *-K1 4, , - Rf,-,::,:, wq %K e q � .. \--.= .i 4 _f.4.,8..- ..4r17, id....,,,.. ,,,t, ..,, ,i \,,,,, \,-: et,.,,, \* i_,: '�y o t .f;r 4" i 7.. }i} - ,'c i 5, r : <. r Q. 14%. .. 4 . . ID •a Y Y T, y 41.K ROSEr W�S GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 3 I V THIRD FIVE -YEAR IMPLEMENTATION PLAN A& tilj*/* BACKGROUND ', 6 The City Council of the City of Seal Beach activated tlie` Beach ' `: Redevelopment Agency on February 20, 1967 with the charge or`conducting redevelopment projects and activities to help alleviate and eliminate blight throughout the City. The articulated reason for creating he'Agency was° "tb provide a method of financing of specific public improvements." -i- Ac r The Project Areas are located in the City of Seal Beach, in O'range�4County, gel California, approximately 50 miles south of Los Anesf A' small city with a population of 24,098, Seal Beach sits on the coast as the gateway -,to. = County between the cities of Long Beach and Huntington Beach. SeaBeach will celebrate its 90th anniversary in October 2005. �. On March 3, 1969 the Agency establ the:.Red elopment Plan for the Riverfront Redevelopment Project Area by adopfin'g Ordinan No. 780. At the time of adoption, the original Project Area consisted "pf 04 acres. On December 29, 1975, with the adoption of Ordinance No. 983,1y Council approved an amendment to add approximately =90 acres to the Riverfront Project Area. The Riverfront Project Area is located along °the eastern side of the San Gabriel River, from the Pacific Ocean, and extends - noiijh \ of Pacific Coast Highway to include the State Lands Property, and portions'of, Hellman Ranch. A map of the Riverfront Project Area is provided in Figure 1 . R In the "Report to Counc f the Riverfront Redeye bpment Plan," several public improvement goals were stipulated for the Project Area: 1) Sewer Treatment Plant; 2) Electric Avenue Improvements; 3) Marina Park and Community Facility; and 4) First Street Extension. Ikgthe time of this report, Redevelopment Law qualified inadequate public infrastru as a legitimate reason to create a redevelopment project areal... •.� N*) The Redevelopment °Plan for• the 'Surfside Project was adopted on December 1982 and last amended in 1993. Tleboundaries include the beach community of Surfside and extends three miles into the Pacific Ocean. With the completion of the rock revetment wall:.�'n 1984, this Project Area has remained inactive because the mayor goal of th Pi e a had been achieved. The wall was designed to protect ocean front;properties from flooding and erosion. Although the Project Area is inact ie, the effectiveness of its redevelopment plan is scheduled to expire in December 2022: As a catalyst for`., redevelopment, the Agency sought to ensure the continued A me A developnt of tha'subject areas in conformance to the City's General Plan. The Agency'sr efforts have improved and /or reduced the blighting conditions in the Project Areas: .However, there remain public infrastructure needs that require the ` =` continued assistance of the Agency. \ N ROSENOWSPEVACEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 4 '- •. THIRD FIVE -YEAR IMPLEMENTATION PLAN w Q. A- ' ' • ,,Iwi,W 0 Z .2 0 .: ..- . ' . • •Ili.--. 6 i5- gtsg , „ , • - . 0 z . a. ...7: ,..1., ' we : - . 1 re ' • ' "-, . (2 F- Lu ill 4 _1 1 < a L11 7) , .. , —g- : + + L II LLI 11 0 :::::: v • ,1 t y I :f6Q I J '.14 -...... =s- -, ::. ' , . .4 .--.., .. ‘;,, /.. -.. -,>,---.-,..,'''',....„.. . ...;.*,...):, ..., ., .,. , . .. / • .:. „ . .., ...t t ., / 4. . v. 1 --. ... •,-4„:)...,. , 4-.:. : .L-• 2: f , .../,. • ‘ - , Ea ,-...w:. - 1,7.- '6, - ? -,,..,:-.,... ...,, . ,.. .: . -- • . annisur' ? 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Table 1 summarizes the time and financ limits in the Redevelopment Plans. 3 v- SEAL BEACH REDEVELOPMENT AGENCY A ,, - ,�, TABLE 1 PROJECT AREAS : ; x, ? s „`' PLAN LIMITS Plan Incur New Collect Eminent Pro'ect Area Duration Debt : ;T Increment - • omain Riverfront Project Original Area March 3, 2009 January 1, 2004 March 3 2014 K m Expired Riverfront Project - Added Area March 3, 2014 January 1, 2004 Marchh -- 3 ;2024 Expired Surfside Project (inactive) December 2022• =, Expired ,a t Riverfront Project , •” As indicated in Table 1, the Riverfrot Project Area is nearing the e end of its plan period. The effectiveness of the" Riverfront Redevelopment Plan expires on March 3, 2009; while the AgencSs abi to incur new'debt against the Project Area's tax increment revenues expired; rhJanuary 2004. The Agency may collect tax increments from the Original Area unt I March 2014 4hd from the Added Area until March 2024. 4 Surfside Project ~,< The sole purpose of the SurfsidRedevelopment Project was achieved in 1984 with the completion of the rock 'revetment wall, which was designed to protect ocean front residential properties from= : flooding and erosion. Since then, the Surfside Project has remained inactive"in terms of redevelopment projects and A the collection of tax incement re 'the effectiveness of its redevelopment plan is scheduled to expire inDecem`b92022. i v i. ' ! L ., F t P P 4 ,,.,,,,,,,,,-,,, -.... .:.,, Ny, .:, ,,,,,. .., 1 ..:3=,... , .. ‘1‹.? E' 6' " ;s ,,.,‘ ROSENOVI j PEVACEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 6 THIRD FIVE -YEAR IMPLEMENTATION PLAN a' . r , r GOALS AND OBJECTIVES FOR ALL PROJECT AREAS f The following are goals and objectives of both the C Council and the' Redevelopment Agency, which are applicable to both Project Areas over�,ethe next five -year term: • The Agency will practice sound fiscal management. The Agency will meet this goal by producing timely and accurate °financial infi_mation, emphasizing capital formation, and developing 'long -te fun "ding and debt management plans. The Agency will also °met em all legal and contractual obligations related to Agency activities. Additionall the Agency intends to fully fund liabilities and reserves while iii vesting in the future. ., • The Agency seeks to promote economic develo•"pment in all Project Areas. To accomplish this goal, the Agency has outtmed the following objectives: concentrate o9;: job creation; pursue business retention, expansion and attraction;establish a quick and consistent development process; be business friendl'y all levels of " o p eration; and strive to constantly improve the city competitiveness. • The Agency will continue implementation of the various housing rehabilitation and first -time homebuye programs. The Agency will also investigate publi 'infrastructure needs within /the Project Area to address localized floodingjand other infrastructure deficiencies. • The Agency intends to=mprove overall public safety by increasing the operational efficiency, visibll∎ty and availability of the Seal Beach Police Department. It is.Wthe intention, - of the Agency to maximize fire and emergency medical resources. tir • The Agency peeks to` "reinvest in Seal Beach's infrastructure such as streets, sewers, \ pads, etc.`Objectives outlined by the Agency to meet this goal include: providing. for the development of new infrastructure, focusing on the relieteof traffic congestion; maintaining and improving the City's =existingti particularly storm drain, sewer and other publi utility'}4 iciencies; and improving the overall aesthetics of the community. The; Agency will work proactively to maintain adequate 4 roadways and to correct substandard alleys. ,. z • ,The Agencywill work to improve drainage conditions that adversely affect t ..,i,,,44.,.. \ - existing residential and commercial developments within the Project Areas. Additi the Agency will strive to provide improvements to the educational,, cultural, residential, and other community facilities within the °'roject Areas and City. r a a ROSENOiN SPEVACEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 7 THIRD FIVE -YEAR IMPLEMENTATION PLAN 'r fi `4 ,. Additional objectives applicable to the implementation of -.the . Redevelopment Plans for the Project Areas include: w ; :' w • Eliminate and prevent the reoccurrence and spread of ` and deterioration within the Project Areas. ,-. , °> 1 • Continue programs that promote the rehabilitation /f, t existi h ousing stock where appropriate. : ,- ; -.4 '` ' , • Provide, improve, or preserve low and mode ate''i com housing as is required to satisfy the needs and requirements of thevarious age and income groups of the community, maximizing the opportunity for individual choice, and meeting the requirements of State law. • Enhance and upgrade the physicalsociat`and c e onemic conditions within the area thereby improving ti e q ality of lifef orSeal teach residents. t". 4iI - RR *t.t.,,,,, .. ",,, \- ,,,, ,a` �ia d ; . V 4 A ` f �'► . t IA 4 .t,.e�. ar y ` "� � � tr s t N 4 N 1i ROSENOI SP EVACEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 8 vrc THIRD FIVE -YEAR IMPLEMENTATION PLAN 0 1 , , .a , l ot, BLIG CONDITIONS ' s , Redevelopment projects are established to remedy conditions of blight as:defiried by the CRL. The definition of blight has evolved since the various Project Area were established as beginning in 1969. The current definition of blight, as tated in Section 33031 of the Law, is set forth below: %;..:__ -. • Unsafe /Dilapidated /Deteriorated Buildings. Building , ` In which it is unsafe or unhealthy for persons to live or work. �Serioiii building code violations, dilapidation and deterioration, defective design ort construction, faulty or inadequate utilities, o bother similar favors can cause these conditions. "' ' - y; • Physical Conditions that Limit the EconoriiicMiability and Use of Lots /Buildings. Factors thate =prevent or substantially hinder the economically viable use or capacity of buildings Mats, This condition can be caused by a substandard design, Inadequate size given present standards and market conditibns, lack of parki g, or other similar factors. • Incompatible Uses. Adjace "nt..or nearby uses tha are incompatible with each other and which prevent the economic development of those parcels • or other portions of the project area: , ,' NA • Lots of Irregular Shape, Inadequate and Under Multiple . , .,_. Ownership. Thee of subdivided Ids of irregular form and shape and inadequate size fouroper usefulness and development that are in multiple ownership. ':" 7 :":-,, • Depreciated /Stagna t Property Values; Impaired Investments. Depreciated or :stagnant property values or impaired investments, including, but not necessarily limited to, those properties containing hazardous wa tha# -re uirelthe use of agency authority as specified in Article 12.5 (c�ommenging With Section 33459). a 11 • High Business Turnovers and Vacancies /Low Lease .-- -- , Rates /Abandoned BUiklingsNacant Lots. Abnormally high business vacancies, low °lease rates, high tumover rates, abandoned buildings, or excessive vacant lots within an area developed for urban use. . • Lack of Commercial Facilities. A lack of necessary �` 4 eommercial facilities that are normally found in neighborhoods, including igrocery sto , s` ,drug stores, and banks and other lending institutions. • ' • ,Overcrowding /Excess of Adult Businesses. Residential overcrowding _• - =r an excess of bars, liquor stores, or other businesses that cater `' ,I . aexclusivelytto adults that has led to problems of public safety and welfare. i = 4 1∎ High Crime Rates. A high crime rate that constitutes a serious threat to ' r ° the public safety and welfare. ROSEF ■OW S, EVACEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 9 P `:1 THIRD FIVE -YEAR IMPLEMENTATION PLAN RIVERFRONT REDEVELOPMENT. PROJECT AREA ! - The City Council of the City of Seal Beach activated the Seal Beach '_- Redevelopment Agency on February 20, 1967 with the charge of . conducting redevelopment projects and activities to help alleviate eliminate-tbfght throughout the City. On March 3, 1969, the Agency ` the Redevelopment Plan for the Riverfront Redevelopment Project Ar.,e -•=by adopting Ordinance No. 780. The Riverfront Project has been arnended:on the following occasions: " • Ordinance No. 4572 (October 20, 1997) adopted an amendme related to the certification of the Environmental Impact Report for Hellman Ranch Specific Plan; • Ordinance No 1423 (October127 ,99;7) approve change in the land use designations of sections(6f'the Proj of Area affected by the Hellman Ranch Specific Plan; Ni 4 • Ordinance No. 1392 (December 12, 1994) cre time limits on the establishment of loans and ~ i • ndebtedness, effe tiveness the Riverfront Project Area (original and added. erritories), payment of debt, and receipt of tax increment revenues; •° ; '•ms=s tee. �� ''; • �9 • Ordinance No. 1278 (March 6, 1989) madecertain changes to the text of the Redevelopment Plan; • Ordinance No. 1235 (Deceriper 8, 1986) established certain limitations in connection with the °Redevelopment Plan for the Riverfront Redevelopment Project pursuant to Health and Safety Code Section 33333.4; - : *� <- 01 IN • Ordinance No 1103 •(September 14, 1981) made certain changes to the Redevelopmen, Plan; tr • Ordinance- No. 98 : #•.(December 29, 1975) added territory to the Project Area; and; • Ordinance No. 937August 12, 1974) made certain changes to the text of I theRed`evelopment I n. ' The ' : verfront Prciject Area encompasses roughly 194 acres generally within the `Old Town area of Seal Beach. Roughly 160 acres of the Project Area is i t r -,°'"' designatea\for residential use while the remainder is allocated for commercial f .•;f uses. The Project Area is located along the eastem side of the San Gabriel River:'$rom theVacific Ocean north to Pacific Coast Highway and extending north of Pacific Coast Highway to include the State Lands Property and portions :_ of4he Hellman Ranch. _ 3 . R N, ,,,it‘ ROSENOW SPEVACEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 10-°1 THIRD FIVE -YEAR IMPLEMENTATION PLAN The Project Area includes the following developments: pAr 14,t !:-_,:,,, „. "4: 4 -- v ' t • Bridgeport, a planned residential community of 176 homes; Y • Riverbeach Condominiums, a 80 -unit condominium pro • Seal Beach Trailer Park, a 125 -space trailer park; 1 : ;.; • Oakwood Apartments, a 549 -unit apartment complex -Ns, • Bay City Center, a neighborhood commercial �center comprising of roughly 45,000 square feet of gross space forlease; andF� • The Greenbelt, a city -owned open space area of 5.48 acres which runs from Fifth Street to Seal Beach Boulevard andincludes the Mary Wilson Library and Red Car Museum. . 4 m „ "tp The original Report to Council on .January 31, 1'969; descr the physical, social, and economic blighting conditions that were the basis for the need of redevelopment activities in the Project Area. Among these conditions were: • Long and narrow parcels of inadequate shape. €and size that limit the usefulness of neighboring properties and area s • Poor drainage of. existing streets resulting !in 6 to 8 inches of flooding during and after minor storms; Nr • Absence of adequate fit f'tmervices and street lighting; • Inadequate pumping,facilitie`s taprevent the inundation of the San Gabriel Flood Control Channel ;N o e- • Inadequate capacity o °;the existing sanitation plan to process the growth of daily flows as' s a result of increasing residential development throughout the City, ®.v u• Lack of necessary `community facilities such as parks, playgrounds, comm - pity and .p arking facilities to serve residents and the beach and f c us Street; Ot1/4 N4 .l `:• Sign cant decrease in total assessed valuation of Project Area properties due to the demolition and removal of the Los Angeles Department of VAter and4Power Steam Plant (97% decrease) and the removal of the Dbw_. Chemical;Plant (53% decrease). J a t '''44,, ROSENOW SPEVACEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY _ PAGE 11 y THIRD FIVE -YEAR IMPLEMENTATION PLAN Prior Plan Period Accomplishments - -r _ The Agency has actively pursued redevelopment of tIae Riverfron • Redevelopment Project Area (including all amendment areas) sn''cel original adoption of the Redevelopment Plan in 1969. Examples of projects and expenditures over the last five year period include: • $42,000 invested in Library improvements; i j • Investments in the Replacement of the West End Pump and the Corporation Yard NPDES/Water Quality Facilities. r ' Remaining Blighting Conditions 41:` .:..y - At the time of adoption, inadequate public infrastructure and improvements was considered a sufficient condition of blightnn a retie elopmentaroject area. This is the only remaining blighting condition within th ' °terfront Project Area. ":::. \''''',\, p v A ,„' " : ""- ! n k _ , ,. . Vs i .- • J • I e'S TA Y } 4. Vic: to , k .4 4 a ,3 N W '_� ROSENOb`1l SPEVACEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 12 THIRD FIVE -YEAR IMPLEMENTATION PLAN • Five -Year Implementation Plan Objectives , : ` •,g N , 4 M The Agency will invest resources to build and upgrade the West nd E Pump Sta over the next five years and has established the following strategies for the FY 2004 -05 through 2008 -09 Five -Year Implementation PlanNsliould revenues exceed projections: a , 1 ,,,: N4 k74) • Provide additional funding to pay debt service on taicallocation bonds. .' • Invest funds to maintain and upgrade public in str FIr Financial Resources s .,, ,, `` ` yJ The Riverfront Project has produced an average of $ :Ymillion in tax increment annually, with nearly sixty percent (60%) ofithefunds dedicated for debt service, twenty percent (20 %) for Housing Set=ASlde Fund's, and roughly two percent (2 %) for administration with the remainder being available for redevelopment activities. The Agency expects taxincrement to rem the primary source of revenue over the next several years but it will also benefit greatly from proceeds obtained through land sales t. a Table 2 presents the revenues (excluding.towtmoderatehousing) that the Agency may have available over the next five years t .fund Implementation Plan activities. The projections are based on a ` „_,arinuaI increase in secured assessed values over the fiye year period. The following table outlines projected tax increment receipts, taxing entity's fiscal mitigation payments, loan and debt service payments, and projectedk,Agency administration costs. Funds available to implement future programs identified as the remaining funds net of these bliga operation and debt service otiq�s City projects to receive over $5.5 million in tax increment over the fivers. ,:::.„. ../ , b? .At-; 3`' t ` a ; 3 l . :1 y, a.� x , i = x' -......,-;.-- ....,:- IP 4:,,,..,4,\.,.„ ,,, --,:."*.,:‘,4:4N . 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'd > a W C d C- m y J J C fn O) • ca 0 • y J N 136 W J J a V Q' r' v, y d c ® i m = ca m �� a a c m a� w y w a °, H 0 o< a m v E rn W '§N.,,, = m ca a c ) ° 4 = O O 1- a te ) m c ai o . a) ° O D m m 0 O O ° E 0 c m > W 3 m m H W a. i- H 0 ° H _1 2 w a- - tL p� C) F- F = 0 m w c O v LL 10 ' . . . m LL 0 _ 0 _ U.. W U) W W N Ce - ",, O �a P , 4 ,, ,,# ) , Anticipated Planning Period Projects and Programs '' :' , Table 3 describes the proposed non - housing programs planned' fo - , t a next five ' years for the Riverfront Project Area including the projected irr frame for implementation, Agency goals, and blighting conditions the' programs will address. Anticipated program expenditures are based on projected tax incernent revenue expected for FY 2004 -05 to FY 2008 -09. Actual,- fundii e g _is subjct to change, depending upon assessed valuation changes ar dr evelopment within 3° � i the Riverfront Project Area S' ' ,,,- t y ,;.:1,1... a A G •Y < ='•e // 3 � Y .. I : II " d ri3 . *•-•,-• • r. ' '','. - - vlil r •l rs ',',z- 407 4 ..., .. . ‘ g. ....., I 4tr) N.: „ 4 , ..‘1. 1 : a ROSENOW SPEVACEK.GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 15 44 1 THIRD FIVE -YEAR IMPLEMENTATION PLAN W 2 >, 9 C6 Q - Is: CD y 5. ~O W • . U V s LU 2 d O d Qj W a' • w 7 7 7 � . _ �v CC Q LLJ CC _� N N i U U } (7 7 ' Of f0 � N tZ y '° W 1 L ` 7 Vl Q CO "' 'wT m LL Z — N to N to N Q $ It Z t .L Cti C .a ^.., • � N pj`F,_:4 ... • li R i 12 .. V ca 0 'a ,, v w 0 :. O a• < -0 N .O a g \ fA N 7 N 7 - O _ O p a 2 R 2 7 't *N x xv W H w N e' • r:F t to c N C U O N • 0 • .0 Q >I •- 45 . N < Q d m E F � C C) co ca LO 0) % E y 0 7 0 9 O 7 9- A. O O w 0 O • O w 0 co te. z Q . N N N . •N N µ :a ix • Z v 1j ko LL W 4` : y 4.., ' g 4 • H d en y p ' O k ¢ • a z • J LT r d 0 a iC •j am. ,.,,� CO 0 Z W 4.4 = 01 S u, O m w a c v z z r f- o E,, �. O m z n w =a Oa ",(1) ¢ Q s o Aff • L L: ea 0 CC W Q a , ; O p ...r C7 J W Z E ; CO W I. a m • E J O. w LL co Q R' W 7 = y o Q a p O a_ ill “. WO c R m U ' ~ ci W C H D O ca : .:. . , W w Z Z y Q w W W : ` LL U 0 o LI Cn 0 a '4 A .0 , - N,_ rr. ,, SURFSIDE REDEVELOPMENT PROJECT AREA; r The Surfside Redevelopment Project, created in December 198 , n o mpasses an area inclusive of the beach community of Surfside and three miles into the Pacific Ocean. The purpose of the Surfside Project was to.ibuild a seawall- to protect the ocean front residences from inundation during h storms and`s'high tides. This goal was permissible under Redevelopme a °"the time` of lementation. At a cost of a im r ' ° - p pproximately $250,000, theaseawall; in 1984 via a loan provided to the Agency. The Agency then r epaid the City with generated increment. Since repayment of the loan for the rock revetment""wall, the Surfs roject has remained inactive in terms of further public projects for the generation of tax increment from the Project Area. The Agency's "authonty issue bonds and seek loans expired in 1987. Absent any outstanding debts from° }the Surfside Project, all tax increment revenues have been to the respect ye taxing agencies. The Redevelopment Plan for the Surfside Project w Il' - expire in December 2022. li .S t. s <• PA : � a .:• )41,A Y =•: . ,, * * y y �A :,,,_ A br i 4} s c 1 - a i - ;, fi r &"," —,,,.. ROSENOW SPEVAd GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 17 V THIRD FIVE -YEAR IMPLEMENTATION PLAN 0 WS'. \, .,. 4:; ADMINISTRATION OF THE IMPLEMENTATION PLAN - o Nt As detailed in the introduction of this Plan, the Agency is requir to produce an Implementation Plan every five years. After adoption of the first implemetation plan, a new plan is to be adopted every five years either i nconjunction wi =the Housing Element cycle or the Implementation Plan cycle. :.; Y v Adoption Process F ,•a ; - a , Each Implementation Plan must be presented and ad at a= my notic public hearing of the Agency. Notice of the public hearing must be contlucte&•ursuant to this Section 33490 of the Law. The Notice must be published pursuant to Section 6063 of the Govemment Code, mailed at leas . t ree weeks in advance to all persons and agencies that have requested-notice, and posted in at least four permanent places within the Project Aredunng thattthEee week period. Publication, mailing, and posting shall -be completed= not Ies than 10 days prior to the date set for hearing. During a this process,�i1e Agencymay amend the implementation plan at any time fter conducting < °a , Apublic hearing on the proposed amendment. '-%, Mid - Term Review Process ` ,, At least once within the five -year term of this Implementation Plan, the Agency must conduct a public hearing and hear testimony- ofail interested parties for the purpose of reviewing' Redevelopment Plan and the corresponding implementation for each Redevelopment Project. This hearing must take place no earlier than two years andtno later than three years after the adoption of the Implementation Plan. • ,,,, 1 y3� ,.,,,,,.. .,. ,:,,, .. Jfl .. 4 N ,1 \--::,. ,,. 0 „ ,... ,.$. .. ,„, .: t.4-, i,,,,,.,.. -,Y=i If $A c :' - ..‘ ROSENOW SPEVACEk)GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 18 N THIRD FIVE -YEAR IMPLEMENTATION PLAN Adoption of 2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 ATTACHMENT 3 TEN -YEAR AFFORDABLE HOUSING COMPLIANCE PLAN (2004 -05 THROUGH 2013 -14) - APPENDIX A TO THE RIVERFRONT REDEVELOPMENT PROJECT AND SURFSIDE REDEVELOPMENT PROJECT FIVE -YEAR IMPLEMENTATION PLAN (FY 2004 -05 TO 2008 -09), SEAL BEACH REDEVELOPMENT AGENCY, DATED OCTOBER 24, 2005 13 2005 -09 Implementation PIan.CC Staff Report ittr Seal Beach Redevelopment Agency %Z* \ Ten-Year Affordable Housing Compliance Plan (2004-05 through 201344)' Appendix A to the Riverfront Redevelopment Project And Surfside Redevelopment Project 5-Year Implementation Plan (2004-05 through 2008-09) ./ October 24, 2005 / Seal Beach Redevelopment Agency 211 Eighth Street Seal Beach CA 90740 • RSG. INTELLIGENT COMMUNITY DEVELOPMENT ROSENOW SPEVACEK GROUP INC\ 309 WEST 4TH STREET \ SANTA ANA, CALIFORNIA 92701-4502 PHONE: (714) 541-4585 FAX: (714) 541-1175 E-MAIL: INFOaWEBRSG.COM • f e %, %, s Ten-Year Affordable Housing Compliance PIan: Seal Beach Redevelopment Agency . - if _j Table of Contents 7. t' \ Introduction 1 Legal Requirements for this Housing Compliance Plan , 2 Contents of the Housing Compliance Plan 5 3i Purpose - � 5 Methodology and Data Compilation 5 Affordable Housing Production Needs ' ° � � `� 7 Previous Programs and Expenditures 7 Replacement Housing Production 8 t 1. Estimated Housing Program Resources ,.- 9 Targeting of Housing Fund Expenditures ` 11 \ .. . Family and Senior Housing 11 ' -- Projected Housing Fund Expenditures 12 Proposed Implemental n Initiatives �; 13 Future PlanningPeriod %HousingJProjects and Programs 13 Rental Assistance 13 ° # Rehabilitation Grants: = v 13 Housing Element Co nsistency 14 / t Administration of the Housing Compliance Plan 15 'Implem statio N' n Plan Adoption Process 15 Mid -Term Implementation Plan Review Process 15 '444 " a . Introduction .`t This document is the Ten -Year Affordable Housing Compliance Plan "�' n ( "Housing Compliance Plan ") for the Riverfront Redevelopments P oject ( "Riverfront Project ") of the Seal Beach RedevelopmentAgero ( "Agency;). The Surfside Redevelopment Project ( "Surfside Project=))has =been inact since the completion of the rock revetment wall in 1984 Thu ,'the Agency has not collected tax increment funds from the Surfside Pr- j ect:properties since that time and has not deposited any Housi Set -Aside Funds. Therefore, this Housing Compliance Plan focusesonyhousing cotruction activity, projects, and programs in the Riverfront P, j ct Area. This Housing Compliance Plan incorporates a <'.surnmary of the Agency's affordable housing production activities since adoption of the Riverfront Project Area and presents an affordibieWdtiting production plan for the ten - year planning period (2004 -05 through 2013- 14)w,_,-, The Riverfront Project is located in the City of Seal Beach ( "the City "), in Orange County, California, approximately 50 miles south of Los Angeles. A small city with a population of 24698, Seal Beaclr sits on the coast as the gateway to Orange County between`.the.,cities of Long Beach and Huntington Beach. Seal Beach will celebrate its 90t anniversary in October 2005. The City Council created the Seal Beacht`Redevelopment Agency in 1967 with the charge of conducting redevelopment activities and eliminating blighting conditions with•:: he City. On March 3, 1969, the City Council adopted the Redevelopment Plan for the Riverfront Redevelopment Project Area via Ordinance No. 780 The Riverfront Project hatbeen subsequently amended by the following Ordinances: • Ordinance No4 1997) adopted an amendment related to the certifica ion i the Environmental Impact Report for the Hellman Ranch Specific Plan;._ • Ordinance No. 1.423 (Oc ober 27, 1997) approved a change in the land use designation b ksections of the Project Area affected by the Hellman 4 Randi- Specific P an ;;.; „vo • kQrdinance --No. 1392 (December 12, 1994) created time limits on the 4 =ekablishilirW loans and indebtedness, effectiveness the Riverfront Project Area ' original and added territories), payment of debt, and receipt of tax:increment revenues; • rdinance`°No. 1278 (March 6, 1989) made certain changes to the text of /7 the Redevelopment Plan; ROSENOW SPEVABEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 1 AFFORDABLE HOUSING COMPLIANCE PLAN • Ordinance No. 1235 (December 8, 1986) established ;certain lirnitaions in connection with the Redevelopment Plan fo r,` the-= RiverFront Redevelopment Project cti p Project pursuant to Health and Safety Code Section1:k" 33333.4; '' • Ordinance No. 1103 (September 14, 1981) made certainchanges to° Redevelopment Plan; :t • Ordinance No. 983 (December 29, 1975) added "territory to ,..e project Area; and; E. 4 ' 1 V' t r • Ordinance No. 937 (August 12, 1974) made de._ ain cha to text of the Redevelopment Plan. - w The Riverfront Project Area encompasses oughly 194ac es generally within the "Old Town" area of Seal Beach. Roughly6Qacres of'the Project Area is allocated for residential use while the:remainder kis". designated for commercial uses. The Project Area is located along the eastern side of the San Gabriel River, from the Pacific Ocean n to Pacific Co ast Highway and extending north of Pacific Coast Highway t the State Lan_ d Property and portions of the Hellman Ranch. ;I The Project Area includes the following developments:rr • Bridgeport, a planned residential community of 176 homes; • Riverbeach Condominiums, a 80 -unit condominium project; • Seal Beach Trailer Par '`�'125 -space trailer park; • Oakwood Apartment sja 549 -unit apartment complex; .4r re • Bay City Center, a commercial center comprising of roughly 45,000Asquarefeet of gross space for lease; and • The Greenbelt, a city -owned. open space area of 5.48 acres which runs from Fif S met to - Beach Boulevard and includes the Mary Wilson Librarynd ReCar Museum. Legal Require for thisAousing Compliance Plan Because th S urfside Redevelopment Project ( "Surfside Project ") has been ,t;~, inactit for the (ast several years, it has not collected housing set aside he funds, and.therefore there are no related projects and /or programs to report _c` ' on fo t H ousing�Compliance Plan. The Riverfront4Redevelopment Project ( "Riverfront Project ") was created in ,;March of 1969, seven years before the Inclusionary Housing Requirement was integrated into the California Community Redevelopment Law, Health ), . a . IAA nd Safety Code Section 33000 et seq ( "CRL "). In December 1975, ROSENOW SPEVACEKGROUP INC. SEAL BEACH REDEVELOPMENT AGENCY f PAGE 2 AFFORDABLE HOUSING COMPLIANCE PLAN " k-(,,,.- Ordinance No. 983 added territory to the Riverfront Project. - Iursuant , to A Y t.. K .n ; Section 33413(d)(1) of the CRL, the inclusionary housing requireruient'sthe CRL applied only to redevelopment plans adopted on or after January 1976. Hence, the inclusionary housing requirements do NOT apply to thei Riverfront Project Area. However, because the Riverfront Poject Area generates housing set aside funds on an annual basis ,the Agenc is required to spend such funds to preserve, improve, and=increase the sueply of housing that is affordable to very-low, low, arlit income households. Accordingly, this Housing Complian*Plan d'el'ineates the projects and programs that the Agency intends to conduct to: meet thillask. Pursuant to the requirements of Sections 33413 (a) &(b)(4) and Housing � •. 33490(a)(2)&(3) of the CRL, this Housin Corp - p'fiance Plan�•*setsrforth the Agency's program to ensure that the appropriate number of affordable housing units, destroyed or caused to be destr ed as a result of a redevelopment project that receivernect -.assistance the Agency, are replaced at the same levels of affordability as those at the:time of destruction. In addition, the CRL requires S tt t the Agency pp ovide account of the amount of funds available in ttfieLow and Moderate_ Income Housing Fund, the amounts projected to be eposited over the nee dive and ten years, and the programs and projects that will assist in the preservation, improvement, and increase of housing units affordable to veryow, low and moderate income households. In brief, the Agency's prior and ongoing efforts in the Riverfront Project are NOT obligate to meet;. the inclusionary housing requirements of the pRL. However, the Agen4is required to abide by the replacement housindt=equirement should the A ency displace or cause to be displaced housing units occupied at the time by very low, low, and moderate income households. _ -,, _, Furthermore, the CRL provide .further definitions and requirements for the allocation of housing funds as surnmaried below: NO The CRL defines °and Huts as a income categories as follows: Very Low Income,- peons or households whose gross income does not exceed 50 %of the- area's median income; Low Incom - per tai,, or households whose gross income are greaterthan 5®% but do not exceed 80% of the area's median income and c e, Moderate-Income,= 'persons or households whose gross income are greater than 80% but °do not exceed 120% of the area's median • income. = `,. tti ., , ‘74":4‘,Ar''''. li The CRli also requires the Agency to target its expenditures of housing set - . aside funds on the provision of housing affordable to very low, low, and e moderate income households. Furthermore, projects assisted through . 'ho :"..;!.43 using set -as de funds must remain affordable to households that fit these 14 '4":1 1 :,„. ' income categories for a period of 45 years for ownership units and 55 years A ' ` , ' for rental units. ,.:,,.. n. y l aR u .. ti ROSENOW SPEVACEK- GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 3 �y AFFORDABLE HOUSING COMPLIANCE PLAN p m t S i. The CRL defines Affordable Housing Cost as: frnrw7)-'1- Very Low - Not more than 30% of 50% of the C oup `�' 'i median household income; Low - Not more than 30% of 70% (or 60% for renta . projects) of the County median household income; and ", Moderate - Not more than 35% of 110% (or 30 % ia0% :.:. for rental projects) of the County median fiauseholcl 3 income. i1 .,, _ ,t? v Arvi , „V: Compliance with AB 637 (Statues of 2002) andESBt701 (Statues`"of 2003) °� ,A7 :. `s �tTy ". This Housing Compliance Plan is consistent wi th recent c enacted into l ,Bi the CRL, pursuant to Assembll 637 (Lo wenthal) and Senate Bill 701 (Torlakson). Among these significant amendments are: • 55/45 Year Minimum Affordability Periods: Effective January 1, 2002, all new or substantially rehabilitated dwelling units assisted by the Tax Increment Housing Set -Aside in ("Housing Fund "), replacement housing, and inclusionary housing mkistbe E stbe ar for 55 years (rental units) or 45 years (owner- occupied units) assisted, rehabilitated or constructed prior o nuary 1, 2002 may`ha shorter time limits. • Substantial Rehabilitation: After January 1, 2002, substantially rehabilitated dwelling units' means all units substantially rehabilitated with Agency assistance. Prior td :January 1, 2002, substantially rehabilitated dwelling units refelWed. to substantially rehabilitated multi - family rental dwelling units with tfi ee or mores nits regardless of whether there is agency assistance, or.si' lie, family units substantially rehabilitated with Agency assistance. , x • Replacement Housing: Effective January 1, 2002, 100% of all replacement housirig"sunits must be affordable to the same income categories 414osediiplaced. Previously, only 75% of the units had to match`the displaced income categories. ■ Targeting Housing Expenditures: Effective January 2003, the CRL requires r nat Housing Fund assistance during the 10 -year Housing pomplianoVan mirror the community's needs, both in terms of the -, income categories needed, and the number of family (versus senior) F 1 housing needed (The CRL provides an additional five years to meet this ,rrequirement if an agency deposited Tess than $2 million over the first five y : y ears of the'10ousing Compliance Plan.) ROSENOW SPEVACEiSTROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 4 N W AFFORDABLE HOUSING COMPLIANCE PLAN A Nor Contents of the Housing Compliance Plan • This Housing Compliance Plan has been developed to ' ,:44441. o mplish the° ,_ following goals: = • To project the availability of Agency revenue for)unding affordable housing production; t ' f implementation policies/programs and ti ` i ■ To iden i rfY p potential:��sites for affordable housing development; �' • To establish a timeline for implementing this Housing Cornplia ce Plan to ensure that the requirements of Sectiori't 33413(a .': ,( "replacement requirements ") are met during the ten- yearperiod between fiscal years 2004 -05 and 2013 -14; and • • To review the consistency of Agency affordable housing goals, objectives, and programs pursuant to the'City's Housing tnent.Nf Purpose r ,, c.:. Since January 1976, redevelopment "agencies hay been required to assure that at least 30% of all new or substantially rehabilitated units developed by the agency are available at affordable cosfsto households of very low, low, or moderate - income. Of this 30 %, not less :t $ 50% must be available at affordable costs to very low- income households. Further, for all units developed in the project area by entities other than the agency, the CRL requires that at least 15% okall new or substantially rehabilitated dwelling units within the project area fie= `rpade available at affordable costs to low- or moderate - income households. Of these, not less than 40% of the dwelling units are required ,to be ;available =:at affordable costs to very low- income households. This requirement a pplies 3 to rede elopment project areas adopted on or after January 1, 1976.TThuil any project area adopted before this date is not subject to the requireme t. Because the Riverfront Project was adopted in 1969, and.ttieadded atea adopted in 1975, the Agency is not obligated to fulfill CRL'inclusionary Housing obligations. In 1994: ,the CRL wa .amended to require redevelopment agencies to prepare arjAffordable Housing Compliance Plan that demonstrated how the agency would achieve the aforementioned affordable housing mandates. These dust, be updated every five years to reflect new changes in z• , projects:or, prograrns,that address a city's housing needs. Methodology and D ata Compilation NY .,,, This Housing Compliance Plan takes into account any and all housing units t' �ithat were destroyed or caused to be destroyed as a result of an Agency- ' _ assisted redevelopment projects over the past five years, and an estimate of this statistic over the next five and ten years. The CRL requires that ROSENOW SPEVAC GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 5 AFFORDABLE HOUSING COMPLIANCE PLAN whenever dwelling units housing low and moderate - income househol are destroyed as part of an agency project, the agency •is ;rosEionsibl'e • for ensuring that an equivalent number of replacement units are constructed- orb substantially rehabilitated. These units must provide at l,,ashe same-: number of bedrooms destroyed, and 100% of the replacement uri :. nust be affordable to the same income categories (Le. very low, Yli low, and mode'r , to ) as those removed. The agency receives a full credit for,r =eplacement units created inside or outside the project area. i` As guidelines for the targeted expenditures of the- Riverfront `Project's Housing Set Aside Funds, this Housing Compliance�sPI'an uses the categorical housing figures provided by the Regional Housing Needs Assessment ( "RHNA "), effective from the period of 1998 to 2005. Pursu_an •o Section 33490 of the CRL, the Agency is to expend the housing set aside funds in proportion to the housing needs calculated fors the very low, low and moderate income segments of the e'ls, population. Further, the proportion of the City's population age 65 , a nd o ver =s also graide the Agency's expenditures for senior housing, Ask 0 `N p .. ro t N ,,,,,t= '' pl. ice §. lf V ��r ;> 'R A Wr ;y...,h it .w } 4 't'sk i -- ' ."\f " ft,.„,> ; : 1 1 '4" ''''" I . 4'44' s r • Art \, =x-1.•=•, ROSENOW SPEVAFgG;OUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 6 �r AFFORDABLE HOUSING COMPLIANCE PLAN L d t,*., 8 '14 itil Affordable Housing Production. Needs ' This section describes the Agency's projected housing productioi for ` the planning period (2004 -05 through 2013 -14) and over the greater..dbration of the Redevelopment Plan. Given the inapplicability o, the inclusionary housing requirements to the Riverfront Project, the housing needs will i'esult from the Agency's activities that arise from the destruction of units'yoccupied by very low, low, and moderate income households. New construct and /or rehabilitation in the Riverfront Project Area will no; trigger inclusionary housing requirements for the Agency since the 3 Riverfront Project was adopted before the 1976 inclusionary housing requirement came intoeffect. ,... Previous Programs and Expenditures e : ` The Agency has and will continue to# pr.ovid d i r ect re assistance to very low and low income tenants at:the Seal Beach Trailer- °;Park. Averaging $180,000 annually, this assistance allocation totals-,$1.8 million dollars over the next ten years. The Agency also plans to continue its assistance to qualifying homeowners through its Rehabilitation�Grant Program, which is projected to cost $1.4 million ove tbe.�next five yea . Table 1 summarizes the aggregate prior expenditures of =the Agency'sklousing Fund over Fiscal Years 2001 -02 through 2004 -05. ,.:.. -� � RY SEAL BEACH REDEVELOPMENT AGENCY TABLE 1 EXPENDITURES OF HOUSING SET -ASIDE FUNDS 2001 -02 THRU 2004 -05 " * a , • >� w /Mod Set= a VetylLow, . `"'Low Incur "rie; -Year; °,., - f:- ' '" H lProlect < = :. . . Totakl?ollars' ` Lor "%irie Income Un is ' • - x Unite 2001 -02 Trailer Park Rental Assistance $180;1000 $180,000 13 2 Subtotal ; r -' $180;000 0180,000 2002 -03 fi , Trailer Park Rental Assistance, - _t $180,000 $180,000 20 2 Housing Rehabilitation Grant 1 I k x•,$34,986 $34,986 Housing Rehabilitation Loans '/ $83'751 $93,751 Subtotal V $308,757 $308,737 2003 -04 I Trailer Park Rental Assistance $1 000 $180,000 25 2 Housing Rehabilitation *. Grants `. ., $13I',412 $131,412 Housing Rehabilitation \•� 404,577 $404,577 i 44 Subtotal $715,989 0715,989 2004 -05 Trailer Park Assistance -- " . = . $180,000 $180,000 21 2 Housing Rehabilitation Grants $23,503 $23,503 :: Subtotal $203,503 $203,503 _ GRAND•TOTALS $1,408,229 01,408,229 A ota►:20% Set- As u $1,408,229 $1,408,229 Sources: City of Seal ai 6gance Department State Housing and Community Development 2001/02, 2002/03, 2003/04 and r = 2004/05 Repo to HousiiigAgency. _ F :., i " ROSENOW SPEY CEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 7 . „ . AFFORDABLE HOUSING COMPLIANCE PLAN * , ' Replacement Housing ;Production Needs The CRL requires that when dwelling units housing low and moderate- income ' households are destroyed as part of an Agency project, the �Aency is responsible for ensuring that an equivalent number of replacement uiitsare constructed or substantially rehabilitated. These unitsm'`"ustw provide at'least the same number of bedrooms destroyed, and 100% ofthe replacement units must be affordable to the same income categories (fie. verylow, ow, and moderate) as those removed. The Agency receives a full credit for replacement units created insi de or outside the Project'Area. •_ According to Agency Staff, no units have beeestroyed byaAgen act nd ty. Additionally, no units are expected to be destroyedor removed as a part of an Agency project during the planning, period. =°Therefore, no units are expected to be replaced as a result af Agency's housing actions during the upcoming Housing Implementation Plan "period. ;,,) F. 91: ... , ::..- s•d $� t*ft; n ,e i y ' ' 1/4,.. 4 . 4 , u. 8 .., f _. ,# '1.- ''Y t ROSENOW SPEVACq G OUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 8 AFFORDABLE HOUSING COMPLIANCE PLAN b A . :!1- . Estimated Housing Program Resources - -h rY ' The Agency's primary source of revenues for ho progra ' implementation is the 20% Housing Set -Aside Fund. The CRL requt es that not less than 20% of all tax increment revenue allocated to'the Agency must be used to increase, improve, and preserve the eorwr. rniaiiity's supply. housing available, at affordable housing cost, to persons and families of very low, low -, and moderate - incomes. i ii viv - Table 2 summarizes the Agency's Housing Fundgbalance,;°a well projected revenues and expenditures over the duration this Ho ing compliance Plan. The forecast of revenues is based on a conservative 2% growth rate in Riverfront Project Area secured assessed values.._The cash flows are based on estimates of the tax increment funds only. Based on these projections, the Agency wili,•Laccumulate approximately • t $2,967,566 dollars over the ne en years in - housing set aside funds and other sources of revenue for the Housing Set Aside Fund. The Agency's beginning cash balance is $49.01A594. Nt'N„,:::,'"'''''' C `tF. r (> it e 4 .!... ,:- -4 i , ,,.., Nt# r e° < b / . i 1 ' : '''': •� ROSENOW SPEEVA K GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 9 AFFORDABLE HOUSING COMPLIANCE PLAN N I- C CD O 0 O r A N O N H W 0 F — N [ 0 CO O O n 0 0) W O) r " ') J W m '� 9 0 r 4- CO o P i CO o v v v YZZ Q p mf- o P. 0) 1n w 0 17 PO P7 O 0) T a0 N a 0 . P".. OD OD 10 10 Ot... 0 N F- } O U Z 0. N w Q Q' 0 CO O N O 0 0 0 C O N N N r ` , Z u. 0 et co y 03. P 0 1 N N O < T n o: .• ?iW C W cc G R a O 'Y " P� > 0 o w w w M w CO CI v ` OD y :.„^' U N N w 49 [,.. " W 0 a N o N 10 9-8 N O "-- O O CO w 0) Q 0 O 1D N O 1 I. O O O O A °ma '. W a N a00 n r.. W O V V a O O o O e7 ~' •, , d _ a) w 1') e) e7 N O 0 . !7 aD v N N N X w E. 49 40 49 04. Q Q CD CO N w N t•''% s w .N- CO P. 0 o m T ° o ° o °o v ° o O o ° ° • CI o w' m p co c �` otn as o 0 000 o m ¢ IL w } s N PI h CO 0 1 0 + ) a N N a Q N w w N N PI P "E w w N N Y i` r ° r- n a N C 1 C b A O p O O p a .f :eti° . y O O O A of co m O N CO PI h C v h m so- o W m .'' 1,,, 144 ,_ N N w N 04, 4- 491 or N w N - " 1 1 0 CD 0 CA CD . n N 100 i O 1 m O so o:} M) 0 N 10 OLOV y0• :ua c . O a O) P 0 r y W es O Y a b ."0..0 O 0% 664 ' Y >' N N 19 N N 9 9444: - ... v •p N :% w w N @ :. • X C O 0 0 0 W V A m O 17 M P7 ¢ ,n 3 0) co a0 IL A 1 6 Q. O 1 N Ip •, W 9 0 N O N O N I 0 O) O a: ?+,. 0 H) e7 es a) 3 F < W e0 n . 0 . ..O N N N 00 C 0 a «► N o ." . y, " " y ' • 0 T N y . . ; • , ce a Y N -,„T.-,:-......\ w K .," O 0) r "do 3 1 41. [0 O 10 8 O O O O O V _ - C 0 0) O CO N N t^ N 100 H O O 04916 . 9 : Iff :sm O ••• 60 O O q p W O v v F O O O o. Y 0 0 N N P) so . P) H 0 0 1 a0 ° „ear ▪ r N N N N w V N .17...:`..' .'l. C.•4 '='7qy N N N N a. < 0) 0) 0 0 0 co 0 n, m. 1 0 Pi 1 O O O O N U O Q N e" f� N 11Pp ` . 1f . 0 0 O O O O O V 1y A 0 CO y Q 0 a n O O O O N m 0 0 10 N N 0) � ,,. 0 CO 0 00 00 0) p r N w w N N °"�,. N . e 0 h, PI Q N °�•,' N N w c 0 0 0 t0 O 1D � � " 000 O O O iro IA Ct O V .-r.12 2 •t. . 0 0 11 O R 0 0 V- 00 N 00 O O R . N ` 44 7 _O O O O o o } O W 44 V, v P. 1 4 .. 4 0 m = O N a y N M ' . f w 'd w w N K so Y � p r NI 4 a e 0 O 0) 1'9 1r -F m 1 O O O O 'O. co O O IO Pi } Q aD N W 0) V 2 ,0 er 0 O o O O 10 C e 0 N N H' v iv .". � fE a V N w N - d a u Q s w N M N 0 m sN T. M1 A O P) O • O et E g a N -V.v. N I.• e0 W O m O 1 8 W 0 >. O O N N N7 c•ri. 0 • tP ^.r.‘ '0 .. e* N o v O O 0 3 a "R N N. ' T 0 w .!9 N 41. . ; N N N 10 D 0 a .1 N SF »:. 0 Q .. C m j s N N N N M Q Ca W — i, V a H 0 D w O `c , U ¢ 3. O : ` ?a ) 1n O a g d Z = c c C. O c w y O C o a 4 e r - _ Lo IX r J n c D o E m Q J m a °� e� m w LL > H a 0 Z W Q J J O $ c = $ m • . W Q d J LL a E m » ` m a n W `P ' , ; w w • y a, m w O: u > E i- m P m a a c a n �'"c ff 0 c t: o I m atl o m < c o U o q 2 p W E C ar J m 0. 0) W Q o m 0 W co e U .,.«. m m O)u Z dm= o y G °g g z XI Q H" a x d 10 a e c H ,w+ y 4-' • V D va y O O ¢ Ac d� a Ex coo0 u w� a q m ` m re w O ` '" m ' m c.) 1- o ah a> co 1. Fm z 1- . w 0. 1- H co> Targeting of Housing Fund Expenditures 1 •' . The Southern California Association of Governments ( "SCAG issued omits ' RHNA report which itemized the income specific housing unigoaIs that the` various cities within its planning boundaries should aim to meetduring the planning period ranging from 1998 to 2005. Based on the figures displayed in Table 3, the Agency's Housing Fund expenditures must :be spread among;the following categories: Unrestricted (can be used for / very.j ., low, and moderate income units) 58 %, Low - Income 13 %, and ery Low- Income.29 %. The $3,634,915 of available Housing Fund revenue would be•allocated "based on these RHNA -based ratios. 'V z x s SEAL BEACH REDEVELOPMENT AGENCY TABLE 3 REGIONAL HOUSING NEEDS ALLOCATION UNITS BY INCOME CATEGORY Income Category RHNA Units ".� of Total ;,�Allowable Expenditures Very Low 7 : 2 9 ° ' M , $1,042,466 Low r 5> 13%•,. � `' $480,083 Unrestricted /1 S154 58%xi, • $2,112,366 Total Al265 100 %X :1 $3,634,915 Source: Southern California Association of G 1) Funds may be used to provide housing for Very Low, Low and Moderate I " "me Pursuant to Section 33334.4(a) of the C , L, . Ho u sing Fund expenditures over the period of the Implementation Plan must be'expended for very low and low income households afi minimum as the same proportion to the City's fair share of the RHNA unite �d for very low, low and moderate income units. Family and Senior Housing � `'�Y` •., Y 9 �,e Section 33334.4(b) tirecjuires that us Fund expenditures for senior housing also be it proport on., to•the community s senior population. According to the 2000 Censusdata,�»9068 5 %) of the City's 24,157 residents are 65 years of age or mom Tl m, the Agency may expend not more than 37.5% or $1,363,093 of thetotalravailableThousing set aside funds for the provision of senior housing units over the next ten years. This is further delineated in Table 4. .:'' -:.',:''' . r s '� SEAL BEACH REDEVELOPMENT AGENCY TABLE 4 PORTION OF RESIDENTS 65 YEARS OF AGE AND OVER Age Number of Persons Percentage Allowable Expenditures 65 and Over k 9068 37.50% $1,363,093 .rig' , (41.:-..-, ,-, Source: United Stat Census 2000. 1-V '' -s:,:h.,: ., M : A � 3.; J . ROSENOW SPEVACEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 11 Nt, AFFORDABLE HOUSING COMPLIANCE PLAN N . 4 . : ,, i0 :.;, ) 41. Projected Housing Fund Expenditures ;: 4 4S Table 5 presents a summary of the Agency's proportional= , • ousing expenditures for senior and affordable housing income projects,relativeto RHNA and senior housing statistics indicated above. The Agency plan, to spend all available housing funds, net of operational andadministrative costs, on the ongoing rental assistance and home rehabilitation. loan -:andgrant programs. l : ,, , 1 -:-..9 SEAL BEACH REDEVELOPMENT AGENCY TABLE 5 PROJECTED HOUSING FUND RESOURCES SUMMARY f . _ Totals Beginning Cash Balance ; ;v$ Lg $490,594 Projected Tax Increment Set -Aside Revenue $2,967,567 Other Revenue Income to Housing Fund $906,696 ' Subtotal A• $4,364,857 Total Debt Service Administration and Op >} ($652,797) Net Revenue Available for Projects and Programs'_ $3,712,060 10 Year Estimated Allocation ofaFunds byylncome Group Aft. RHNA % Income Group/ Minimum Expenditures Projected Amount 48% Very Low ' •�' $1,744,759 22% 4 *. Low $799,681 30% Unrestricte "d" ave low, low & moderate ( ry moderate) $1,090,475 $3,634,915 Senior Citizen Housing Allocation Senior Population Limitation 3 7.5% p ( ) $1,363,093 max^ : : 3 " :;:...‘ 'c ° i tzi .K t jk� .i ,..., .„ , .I; X "•y z t .'T:. „:;... i /..:,. • f A....7 .: , .. F •" s 8 yt. . • My.a ,. n ROSENOW SPEVACEKGROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 12 V AFFORDABLE HOUSING COMPLIANCE PLAN r z, ir:2 - . . . Proposed Implementation Initiatives' :-'` N1 C:9' The Agency proposes to implement the following programs;$6 in the development of housing projects that can translate into low- and \ rnoderate - income units which the Agency can then use in other,(affordable efforts. ".' Future Planning Period Housing Projects and Program , „`,: \) 7 - ` Available housing set aside funds will contributeto thecontinued rental assistance of residents in the Seal Beach Trailer Park l as well° a assist qualifying homeowners with rehabilitation grants. The estimatec Agency contribution is detailed in the following table. FIVE YEAR IMPLEMENTATION PLAN - RIVERFRONT PROJECT TABLE 6 SEAL BEACH REDEVELOPMENT AGENCY • PROJECTS AND PROGRAMS • 'A \/ Estimated Program /Project Time Frame A: r' Goals Achieved Agency Cost Seal Beach Trailer Park and 2004 -05 \ . Preserve and expand the stock of housing available 51,800,00' Rental Assistance Program thru . -,. to low- and moderate - income households ... 2013 -14 � Housing Rehabilitation Grants and Loans 2004 -05 Preserve and•expand the stack of housing available to $1,834,915 thru persons and families of very - low, and moderate 2013 -14 ' \' ° „incomes TOTAL ESTIMATED COST r' \,$•' / 53,634,915 Source' City of Seal Beach Department of Finance 0 \ v The Agency may, to the extent_permitted by CRL and land use designation, inside or outside the Riverfrorit• Rrpject Area, acquire, sell, lease, or donate land, improve sites, acquire affordability covenants, construct or rehabilitate structures, or use any,.othe'r iethod authorized by CRL, in order to provide housing for personsand amilie s of I'ow- or moderate - income. The Agency may also provide subsidiesAt \or forthe benefit of, such persons and families or households to assist them in obtaining affordable housing within the City. Rental Assistance i' , u t 2 the Ac As of Au r t „� ,: Agency was p o vi i d ng assistance to 26 very low income persons/families and 85 low and moderate income persons /families. This assistance is anticipated to continue for the term of the Riverfront Project Area. Re ilitation Grants With the \goal of continuing to preserve, enhance, and expand the stock of /` qu housing\affordable to low income families, the Agency will seek to 7` secure partnerships with property owners willing to rehabilitate and /or R upgrade their properties within Seal Beach Trailer Park. `\ n ROSENOW SPEVACEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 13 AFFORDABLE HOUSING COMPLIANCE PLAN 4 1 \ itz., 0 )‘1;i •.. Housing Element Consistency Because this Housing Compliance Plan focuses on providing for low to moderate - income households, generally the most difficult segment'of the community to provide housing for, it is consistent with the Housing Element s goals to provide a variety of housing types, assist in ti the- development of affordable housing, and preserve the affordability of housing foOlower income households. Both this Housing Compliance Plan anpthe Hoasn Element state that there is a definite need to ensure an adequate supply of housing for the lower income segments of the community. V , A major focal point of the goals, policies, and,objective .of the Housing Element is to provide housing for all econo micsegments of the City, specifically lower income families. Consistent with the Housing Element, a major goal of the Housing Complia ,,Consistent Plan is,,to provide housing for lower income residents. The propose•Sgrams''to`tmeet this goal correlate with those programs found in the Housing Element.\ • ‘ f\ts\ j, . ' <% v 4 � 0 4 . it 4 ' * \''‘iif4 4f) P *; a / • 1 4 ,.. . 1* a T ■ �a ROSENOW SPEVACEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 14 AFFORDABLE HOUSING COMPLIANCE PLAN 7 l'\ Administration of the Housing Compliance Plan , The Agency is required to produce an Implementation Plan 'every five yea including the Housing Compliance component. After adoption of::the first Implementation Plan, a new Implementation Plan is to be- adopted every five years either in conjunction with the housing element cycle o\ the Implementation Plan cycle. 5 - Implementation Plan Adoption Process t` . Each Implementation Plan must be presented an adoptedd, at,.a4Oly notice public hearing of the Agency. Notice of the public ;hearing mustbe pursuant to this Section 33490 of the CRL. The notice must be published pursuant to Section 6063 of the Government Code;''mailed at least three weeks in advance to all persons nd cie ..agens that Nave requested notice, and posted in at least four permanent places \with the\Project Area for a period of three weeks. Publication, mailing, and ;posting shall be completed not less than 10 days prior to the date set for hearing. The Agency may amend the Implementation Plan including the Housing Compliance Plan, at any time after "conducting /a public hearing on the proposed amendment. Mid-Term 1 I . e mp ementat�on Plan Review Process. At least once within thieive- -year term of this Implementation Plan, the Agency must conduct a publicl and hear testimony of all interested parties for reviewing the Re, evlopment Plan and the corresponding Implementation Plan,pfor each Retie, elopment Project. This hearing must take place no earlie)tliari ;two years 'and no later than three years after the adoption of the Impl mentatio Plan. t i 0 C. •, .,-, � r 7 A., M1 • , : : : N* ,EN • 1 ...„ .. , if.7 -;0, Y ROSENOW SPEVACEK GROUP INC. SEAL BEACH REDEVELOPMENT AGENCY PAGE 15 -`^ ".) AFFORDABLE HOUSING COMPLIANCE PLAN Adoption of2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 ATTACHMENT 4 PROGRESS IN IMPLEMENTING REDEVELOPMENT ACTIVITIES 2005 -09 Implementation Plan.CC Staff Report 14 Adoption of 2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 Progress in Implementing Redevelopment Activities Current - Designated Land Blighting Project Parcel Re -use Conditions Description Status 1 Commercial Vacant Hotel and retail This property has been deed - (Hellman Ranch project restricted for wetland restoration Property) entitlement pursuant to decisions of the Coastal being sought Commission. 2 Residential Existing oil /gas Future low The Agency pursued a residential (Exxon /Chevron use density project on this site but was Property) residential use unsuccessful in securing a development proposal. Exxon and Chevron are currently continuing remediation work on site. 3 Residential Seal Beach Rehabilitation Oakwood Apartments Completed (Oakwood Trailer Park and conversion In November 2000, the Seal Beach Apartments, Seal to tenant Redevelopment Agency provided Beach Trailer Park) ownership funding to LINC Housing for the purchase and rehabilitation of the 125 -unit Seal Beach Trailer Park, as well as conversion of the trailer park to tenant ownership. The funding commitments for the project included: ❑ Tax - exempt bond issuance of $6.75 million, to be repaid by trailer park revenues; ❑ State MPROP loan of $1 million; ❑ Bridge loan to LINC housing of $1 million, provided from the housing set -aside fund; ❑ Loan from the redevelopment agency of $lmillion from the housing set -aside fund; and ❑ Grant from the Redevelopment Agency of $965,000 to LINC Housing, for rental subsidy over 12 years from the date of acquisition. The transfer to tenant ownership occurred on September 15, 2005 and the repayment of the Bridge Loan occurred at that same time. 15 2005 -09 Implementation PIan.CC Staff Report Adoption of 2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 Progress in Implementing Redevelopment Activities Current Designated Land Blighting Project Parcel Re -use Conditions Description Status 4 Residential Eliminated Low density Bridgeport project developed as a (Bridgeport) residential planned residential community of 176 homes. 5 Residential Eliminated Condominium An 80 -unit condominium project was (Riverbeach) project developed in 1988. 6 Public Eliminated Park Completed as Marina Park. (Marina Park) 7 Residential Eliminated Low density Bridgeport project developed as a (Bridgeport) residential planned residential community of 176 homes. 8 Commercial Eliminated Commercial A highway commercial center (PCH Plaza) center completed at Pacific Coast Highway _ and Fifth Street. 9 Commercial/ Park Vacant Hotel project to The Specific Plan identifies this area (DWP Property) be pursued as a potential site for hotel development. The property has been sold to a new owner, who is holding property for improved economic condition and evaluating alternative development proposals. 10 Commercial/ Park Vacant Hotel project to The Specific Plan identifies this area (DWP Property) be pursued as a potential site for hotel development. The property has recently been sold to a new owner, who is holding property for improved economic condition and evaluating alternative development proposals. 11 -17 Public Eliminated Greenbelt Completed the Greenbelt, a City - (Greenbelt) owned open space area containing a senior facility, new main public library, and museum devoted to the Pacific Electric Railroad Red Cars. 18 Commercial Eliminated Neighborhood Completed the Bay City Center, a (Bay City Center) commercial neighborhood commercial center center with 45,000 square feet of gross leasable space. • 16 2005 -09 Implementation PIan.CC Staff Report Adoption of 2004 -05 through 2008 -09 Implementation Plan and 2004 -05 through 2013 -14 Housing Compliance Plan Redevelopment Agency Staff Report October 24, 2005 Progress in Implementing Redevelopment Activities Current Designated Land Blighting Project Parcel Re -use Conditions Description Status 19 Commercial Abandoned Hotel and retail This is a state -owned property deed - (State Lands Property) oil /gas uses project restricted for commercial use only. entitlement Retail was initially a component of being sought the Hellman Ranch project. When the proposal for a golf course on this property did not proceed, the retail component was also put on hold. 20 Residential Eliminated — Planned This parcel is the Hellman Ranch (Hellman Ranch) Residential residential project, consisting of a 149 -acre site development community located on the Seal Beach ongoing Wetlands. Originally approved for 329 dwelling units, the plan has been modified to 64 single- family units due to site constraints and California Coastal Commission determinations. * * * * 17 2005 -09 Implementation PIan.CC Staff Report