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HomeMy WebLinkAbout2016-02-24 e-packet@7:01SPECIAL MEETING CITY COUNCIL o ' y OF THE o CITY OF SOUTH SAN FRANCISCO c9tIF0Ro P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, California 94083 Meeting to be held at: MITNICIPAL SERVICES IIITILDING Council Chambers 33 ARROYO DRIVE SOUTH SAN FRANCISCO, CA WEDNESDAY, FEBRUARY 24, 2016 7:01 P.M. NOTICE IS HEREBY GIVEN, pursuant to Section 54956 of the Government Code of the State of California, the City Council of the City of South San Francisco will hold a Special Meeting on Wednesday, the 20 day of February, 2016, at 7:01 P.M., in the Municipal Services Building, Council Chambers, 33 Arroyo Drive, South San Francisco, California. Purpose of the meeting: 1. Call to Order. 2. Roll Call. 3. Agenda Review. 4. Public Comments — comments are limited to items on the Special Meeting Agenda. 5. Consideration of Oversight Board request to reallocate a portion or all of the $2,272,000 in community benefits payments to be made by Sares Regis to other taxing entities. ADJOURNMENT st Mart' i, City,! erk SARES REGIS Government Code Section 54957.5 February 24, 2016 Sg 343 , >n'1• Q CC-- I Agenda -7, Mr.Alex Greenwood Item# j Economic and Community Development Director City of South San Francisco 315 Maple Street South San Francisco, CA 94083 Re: Former Ford Properties/Special Meeting of the City Council February 24, 2016 re Community Enhancement Payments Dear Alex, This letter confirms our commitment to work in good faith with the City, if the City Council wishes to enter into a First Amendment to the Development Agreement to reallocate a portion or all of the $10,000 per residential unit in community enhancement payments,as such payments are set forth on Section 2.4 of Exhibit C to the Development Agreement,to the taxing entities or other Community Benefits. Best Regards, Ken Busch Senior Vice President Sares Regis Group of Northern California,LLC :/r, 901 Mariners Island Boulevard, Floor,San Mateo,California 94404 T:650-378-2800 F:650-570-2233 �of building excellence SOUTH SAN FRANCISCO UNIFIED SCHOOL DISTRICT 398 B Street,South San Francisco,CA 94080-4423 S`o uNi' r (650)877-8700/Fax(650)583-4717 www.ssfusd.org NW\ SUPERINTENDENT BOARD OF TRUSTEES Gr'S?q0s.l��b�`P�' Shawnterra Moore, Ed.D. Rosa G.Acosta Tr/ON-EOI John C.Baker Judith M.Bush Patrick A.Lucy Daina R. Lujan February 24, 2016 The Honorable Mark Addiego, Mayor of South San Francisco and Members of the South San Francisco City Council South San Francisco City Hall 400 Grand Avenue Government Code Section 54957.5 South San Francisco, CA 94080 SB 343 Agenda S S L� item # 5 Dear Mayor Addiego and Members of the City Council, At the RDA Oversight Board meeting held yesterday, February 23, 2016, a resolution was passed approving the sales agreement with Sares Regis to purchase the former Ford properties and build 272 units on 2.34 acres. Originally, the price of the properties was $11 million dollars. The South San Francisco Unified School District would have received 43.9% of this amount, or approximately $4,829,000, in one-time sale proceeds. The sales price was reduced to $7 million dollars, which would have resulted in the District receiving 43.9% of this price, or approximately $3,073,000, in one-time sale proceeds. A negotiated agreement between the City and the developer, which is called community benefits, totaling $3,000,000, which came off the sales price, is bringing down the total amount to be distributed to all of the taxing agencies to $4,000,000. Of this amount, the District would receive 43.9%, or approximately $1,756,000. This represents $3,073,000 less than what the District would have received at the $11,000,000 original sales price. The money not realized could have helped support the aging infrastructure of all school sites as well as purchased new textbooks and classroom supplies for our District students. The District, as well as the other taxing agencies, respectfully request that the City Council consider reallocating some or all of the community benefits back to the taxing agencies, to be distributed according to the prescribed percentage breakdown. Sinc-r- y, 1 Dr. Shawnterra Moore, Superintendent Government Code Section 54957.5 SB 343 Agenda 7'd` SG' C C Item# Section 20.280.005 Additional Development Standards. A. Increased Density and FAR Incentive Program. An increase to the maximum FAR or maximum density as referenced in Table 20.280.004-1 may be permitted for buildings with the approval of a Conditional Use Permit through the satisfaction of a combination of the following public benefits: 1. To be eligible for an increase to the maximum FAR or density incentives under this subsection,the public benefits that are included as part of a development project must demonstrate a positive contribution that is above and beyond the minimum required impact fees and other requirements of the particular project. The following preferences for public benefits to the Downtown community and the City may be considered as eligible to allow increased density and FAR standards for a project pursuant to this subsection: a. Local Hire Program; b. Public art; c. Funding or construction of local streetscape enhancements as identified in the Downtown Station Area Specific Plan; d. Funding for enhanced public spaces; e. Funding for public safety facilities, community meeting rooms,child care or similar; f. Tenant space for local businesses or existing businesses in need of relocation; g. Provision of green building measures over and above the applicable green building compliance threshold required pursuant to Title 15 ("Building and Construction")of the South San Francisco Municipal Code; h. Transit subsidy or other incentives for residents and/or employees; and i. Other developer proposed incentives achieving a similar public benefit. 2. For projects seeking either an increase to the maximum FAR or maximum density pursuant to this subsection,the following shall apply: a. Applicant shall submit financial evaluation and analysis, information,and evidence to allow for a reasonable assessment of the value of the benefits offered relative to the incentives being sought, including the proposed public benefits as outlined above. b. Applicant shall provide an assessment of the economic and/or intrinsic value of the proposed public benefit as compared with the economic value of the proposed development incentives requested by the applicant.The City may request an independent third party review,by a qualified appraisal expert, hired by the City at the applicant's expense,to validate the valuation submitted by the applicant. This requirement is not intended to imply a need for the applicant to provide or disclose a complete project pro forma. Only the marginal costs of the proposed public benefit and incentive are required to be disclosed in the analysis. c. Applicant shall provide an explanation as to the way in which the proposed amenities will further the City's goals and objectives as outlined in the SSF Downtown Station Specific Plan,and conformance of the proposed project with the General Plan, Specific Plan provisions and Zoning Ordinance, and that a reasonable nexus exists between the public benefit provided and the incentive granted. ) Ino, ,. d ', , - - ul rl a'. r i .•, nt 10M N Ls co d -0>'' * CL C 4 `'' ` , Q r 4 3.: a ,, f'-f I VI f 4 - - Y ; 1 ," a i j 16. 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