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HomeMy WebLinkAbout2018-07-25 e-packet@6:30Wednesday, July 25, 2018 6:30 PM City of South San Francisco P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA Municipal Services Building, Council Chambers 33 Arroyo Drive, South San Francisco, CA Successor Agency to the Redevelopment Agency Regular Meeting Agenda July 25, 2018Successor Agency to the Redevelopment Agency Regular Meeting Agenda PEOPLE OF SOUTH SAN FRANCISCO You are invited to offer your suggestions. In order that you may know our method of conducting Agency business, we proceed as follows: The regular meeting of the Successor Agency is held on the fourth Wednesday of each month at 6:30 p.m. in the Municipal Services Building, Council Chambers, 33 Arroyo Drive, South San Francisco, California. Public Comment: For those wishing to address the Board on any Agenda or non-Agendized item, please complete a speaker card located at the entrance to the Council Chambers and submit it to the Clerk. Please be sure to indicate the Agenda Item # you wish to address or the topic of your public comment. California law prevents the Successor Agency from taking action on any item not on the Agenda (except in emergency circumstances). Your question or problem may be referred to staff for investigation and/or action where appropriate or the matter may be placed on a future Agenda for more comprehensive action or a report. When your name is called, please come to the podium, state your name and address for the Minutes. COMMENTS ARE LIMITED TO THREE (3) MINUTES PER SPEAKER. Thank you for your cooperation. The Clerk will read successively the items of business appearing on the Agenda. As she completes reading an item, it will be ready for Board action. PLEASE SILENCE CELL PHONES AND PAGERS HEARING ASSISTANCE EQUIPMENT IS AVAILABLE FOR USE BY THE HEARING-IMPAIRED AT SUCCESSOR AGENCY MEETINGS In accordance with California Government Code Section 54957.5, any writing or document that is a public record, relates to an open session agenda item, and is distributed less than 72 hours prior to a regular meeting will be made available for public inspection in the City Clerk’s Office located at City Hall. If, however, the document or writing is not distributed until the regular meeting to which it relates, then the document or writing will be made available to the public at the location of the meeting, as listed on this agenda. The address of City Hall is 400 Grand Avenue, South San Francisco, California 94080. Page 2 City of South San Francisco Printed on 8/31/2018 July 25, 2018Successor Agency to the Redevelopment Agency Regular Meeting Agenda Call To Order. Roll Call. Agenda Review. Public Comments. CONSENT CALENDAR Motion to approve the Minutes of the meetings on May 23, 2018 and June 27, 2018.1. Motion confirming payment registers for July 25, 2018. (Richard Lee, Director of Finance) 2. Adjournment. Page 3 City of South San Francisco Printed on 8/31/2018 City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:18-690 Agenda Date:7/25/2018 Version:1 Item #:1. Motion to approve the Minutes of the meetings on May 23, 2018 and June 27, 2018. City of South San Francisco Printed on 7/20/2018Page 1 of 1 powered by Legistar™ CALL TO ORDER TIME: 6:02 p.m. ROLL CALL PRESENT: Councilmembers Addiego, Garbarino and Gupta and Mayor Pro Tem Matsumoto. ABSENT: Mayor Normandy. For purposes of this meeting Council titles assume reference to the Successor Agency tile unless otherwise specified. AGENDA REVIEW None. PUBLIC COMMENTS - comments are limited to items on the Joint Special Meeting. None. ADMINISTRATIVE BUSINESS 1. Report regarding the approval of the assignment of rights and obligations under the Development Agreement between the City of South San Francisco and Oyster Point Development, LLC and the Disposition and Development Agreement between the Successor Agency to the Redevelopment Agency of the City of South San Francisco and Oyster Point Development, LLC, respectively, from Oyster Point Development, LLC to KR Oyster Point Developer, LLC. (Alex Greenwood, ECD Director) MINUTES SPECIAL MEETING JOINT CITY COUNCIL AND SUCCESSOR AGENCY OF THE CITY OF SOUTH SAN FRANCISCO P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, California 94083 Meeting to be held at: MUNICIPAL SERVICES BUILDING COUNCIL CHAMBERS 33 ARROYO DRIVE SOUTH SAN FRANCISCO, CA WEDNESDAY, MAY 23, 2018 6:00 p.m. SPECIAL CITY COUNCIL AND SUCCESSOR AGENCY MEETING May 23, 2018 MINUTES PAGE 2 ECD Director Greenwood requested Council approval to change the assignment of rights and responsibilities for the Oyster Point Development Agreement to a new developer. He provided background on the Oyster Point Project, including the timeline, assignment process, and financial analysis of Kilroy. He discussed the new developer, Kilroy Realty, and introduced Steve Rosetta, to discuss its financial commitment to the project. He recommended approval of the assignment and assumption of all rights and obligations of the Oyster Point Development, LLC to KR Oyster Point Developer, LLC. Steve Rosetta, Chief Investment Officer of Kilroy Realty, expressed excitement regarding partnering with Oyster Point and taking over the development. He briefly described the company’s plans for the development. He introduced the team including Tracy Murphy, Executive Vice President of Life Sciences; Jonas Vaas, Senior Vice President of Construction and Development; Lindsey Floren, Senior Vice President and Real Estate Counsel; and Phil Tate, Senior Vice President and Land Use Counsel. Mina Richardson indicated opposition to the project and sale without adequate housing. Councilman Gupta thanked and congratulated Kilroy for handling the Oyster Point Development Project. In response, Mr. Rosetta explained Kilroy’s cash flow and/or borrowing capacity. Councilman Gupta inquired about Kilroy Realty’s plans for residential developments west of the 101. Mr. Rosetta stated Kilroy had evaluated the possibility but was currently focused on the life sciences portion of the project. Councilman Addiego apologized for his lack of enthusiasm for the Oyster Point area due to the previous unsuccessful developers. He stated Kilroy had the potential to succeed but recalled the challenges of limited housing and transportation issues. Councilman Garbarino discussed his knowledge of the company. In response, Mr. Rosetta stated Kilroy would adhere to the project timeline for phase one, but the future phases would most likely be altered slightly. Councilman Garbarino requested modifications to some design elements. Mayor Pro Tem Matsumoto expressed hesitation with engaging another company. Mr. Rosetta ensured that Kilroy would balance all projects responsibly, with adequate resources delegated to each. He anticipated ground breaking later in 2018. Director Greenwood explained that Phase 1C, infrastructure, was underway. He stated the cost was 80% for developer and 20% for the City, $36 million from Successor Agency Councilman Addiego stated the City had $30 million set aside for infrastructure which had to be increased due to the rise of construction costs. SPECIAL CITY COUNCIL AND SUCCESSOR AGENCY MEETING May 23, 2018 MINUTES PAGE 3 Assistant City Manager Lee discussed the unresolved issues of who bore the costs related to potential hazardous materials and need for a landscaping contract. Councilman Garbarino stated it was not uncommon for major contractors to have multiple ongoing projects. City Attorney Rosenberg clarified the required actions. City Council Motion− Councilman Gupta/Second−Councilman Addiego: to approve the Assignment of Rights and Obligations Agreement, pursuant to Article 11 of the Development Agreement by and between the City of South San Francisco and Oyster Point Development, LLC, which effectuates the assignment and assumption of all rights and obligations currently from Oyster Point Development, LLC to KR Oyster Point Developer, LLC. Approved by the following roll call vote: AYES: Councilmen Addiego, Garbarino and Gupta and Mayor Pro Tem Matsumoto; NAYS: None; ABSTAIN: None. ABSENT: Mayor Normandy. Successor Agency: 2. Motion – Boardmember Gupta/Second−Boardmember Addiego: to approve Consent, Assignment and Assumption Agreement, pursuant to Article 3, Sections 8.4 and 8.5 of the Disposition and Development Agreement by and between the Successor Agency to the Redevelopment Agency of the City of South San Francisco and Oyster Point Development, LLC, which effectuates the assignment and assumption of all rights and obligations from Oyster Point Development, LLC to KR Oyster Point Developer, LLC. Approved by the following roll call vote: AYES: Boardmembers Addiego, Garbarino and Gupta and Vice Chair Matsumoto; NAYS: None; ABSTAIN: None. ABSENT: Chair Normandy. CLOSED SESSION 3. Conference with Real Property Negotiators (Pursuant to Government Code Section 54956.8) Property: 200 Linden Avenue, 212 and 216 Baden Avenue Agency Negotiators: Alex Greenwood and Julie Barnard Negotiating Parties: City of South San Francisco, South San Francisco Successor Agency and Hisense REUS, LLC Under Negotiation: Price and Terms Time entered closed session: 6:37 p.m. Open Session resumed: 7:05 p.m. Closed Session resumed: 10:03 p.m. Report out of Closed Session by Mayor Pro Tem Matsumoto: Direction given no reportable action. SPECIAL CITY COUNCIL AND SUCCESSOR AGENCY MEETING May 23, 2018 MINUTES PAGE 4 ADJOURNMENT Being no further business, Mayor Pro Tem Matsumoto adjourned the meeting at 10:21 p.m. Submitted: Approved: Krista Martinelli, City Clerk Liza Normandy, Mayor City of South San Francisco City of South San Francisco Submitted: Approved: Krista Martinelli, Clerk Liza Normandy, Chair Successor Agency Successor Agency CALL TO ORDER Time: 9:59 p.m. ROLL CALL Present: Boardmembers Addiego and Gupta, Vice Chair Matsumoto and Chair Normandy. Excused: Boardmember Garbarino. AGENDA REVIEW None. PUBLIC COMMENTS None. CONSENT CALENDAR 1. Motion to approve the Minutes for the meetings of May 2, 2018 and May 23, 2018. 2. Motion confirming payment registers for June 27, 2018. (Richard Lee, Director of Finance) Motion—Boardmember Gupta/Second—Boardmember Addiego: to approve the Consent Calendar. Approved by the following roll call vote: AYES: Boardmembers Addiego and Gupta, Vice Chair Matsumoto and Chair Normandy; NAYS: None; ABSTAIN: None; ABSENT: Boardmember Garbarino. ADJOURNMENT Being no further business, Chair Normandy adjourned the meeting at 10:01 p.m. Submitted: Approved: Krista J. Martinelli, City Clerk Liza Normandy, Chair City of South San Francisco City of South San Francisco MINUTES SUCCESSOR AGENCY CITY OF SOUTH SAN FRANCISCO REGULAR MEETING MUNICIPAL SERVICES BUILDING COUNCIL CHAMBERS 33 ARROYO DRIVE SOUTH SAN FRANCISCO, CA WEDNESDAY, JUNE 27, 2018 6:30 P.M. City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:18-667 Agenda Date:7/25/2018 Version:1 Item #:2. Motion confirming payment registers for July 25,2018.(Richard Lee,Director of Finance) The payments shown in the attached payment register are accurate and sufficient funds were available for payment (payroll items excluded). Attachment: Payment Register City of South San Francisco Printed on 7/20/2018Page 1 of 1 powered by Legistar™ Payment Listing for SSF Successor Agency Board Review Payments issued between and6/18/2018 7/15/2018 VENDOR NAMEDATE CHECK #INVOICE #ACCOUNT #AMOUNT DESCRIPTION SUCCESSOR AGENCY MEYERS, NAVE, RIBACK 6/20/2018 2683902018010272 E 861-70050-5003 899.50 GRENNLAND LAND CONVEYANCE -CR PROFESSIO 6/20/2018 2683902018030210 E 861-70050-5003 1,491.50 MEYERS NAVE - OYSTER POINT HOTEL DEV 6/20/2018 2683902018040281 E 861-70001-5003 15,925.00 MEYERS NAVE SA ADMINISTRATIVE MATTERS Payments issued for SUCCESSOR AGENCY $18,316.00 TOTAL PAYMENTS FOR PERIOD $18,316.00 Tuesday, July 17, 2018 Page 1 of 1