The URL can be used to link to this page

Home My WebLink About2019-01-23 e-packet@6:30Wednesday, January 23, 2019 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 January 23, 2019Successor 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 2/11/2019 January 23, 2019Successor Agency to the Redevelopment Agency Regular Meeting Agenda Call To Order. Roll Call. Agenda Review. Public Comments. CONSENT CALENDAR Motion to approve the Minutes from the meetings of November 28, 2018.1. Motion confirming payment registers for January 23, 2019. (Christina Crosby, Interim Director of Finance) 2. Adjournment. Page 3 City of South San Francisco Printed on 2/11/2019 City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:19-60 Agenda Date:1/23/2019 Version:1 Item #:1. Motion to approve the Minutes from the meetings of November 28, 2018. City of South San Francisco Printed on 2/11/2019Page 1 of 1 powered by Legistar™ CALL TO ORDER Time: 6:59 p.m. ROLL CALL Present: Boardmembers Addiego, Garbarino and Gupta, Vice Chair Matsumoto and Chair Normandy. Absent: None. AGENDA REVIEW None. PUBLIC COMMENTS - comments are limited to items on the Special Meeting Agenda None. MATTERS FOR CONSIDERATION 1. Report regarding a resolution approving the first amendment to the Purchase and Sale Agreement between the South San Francisco Successor Agency and SSF Miller Cypress Phase 2, LLC amending the supplemental purchase price for 216 Miller Avenue (APN 012- 314-220) to a fixed amount of $2,000,000 (Alex Greenwood, Economic and Community Development Director). 1a. Resolution No. 4-2018 approving the first amendment to the Purchase and Sale Agreement between the South San Francisco Successor Agency and SSF Miller Cypress Phase 2, LLC amending the supplemental purchase price for 216 Miller Avenue (APN 012-314-220) to a fixed amount of $2,000,000. Director of Economic and Community Development Greenwood presented the staff report recommending that the Agency adopt a resolution approving the first amendment to the Purchase and Sale Agreement between the South San Francisco Successor Agency and SSF Miller Cypress Phase 2, LLC amending the supplemental purchase price for 216 Miller Avenue (APN 012-314-220) to a fixed amount of $2,000,000. Director Greenwood explained that pursuant to Section 2.3 of the Agreement, the Agency and Sares Regis mutually selected Vathana Duong of Colliers International Valuation and Advisory Services to conduct the appraisal. The appraisal valued Parcel C at $3,700,000. Subsequently, based on the cost of assembling the larger development site, Sares Regis contested the appraised value and initially offered $1,118,538 for Parcel C. In a separate analysis of the stand-alone development option for Parcel C, staff determined the realistic price offer the Agency MINUTES SUCCESSOR AGENCY CITY OF SOUTH SAN FRANCISCO SPECIAL MEETING MUNICIPAL SERVICES BUILDING COUNCIL CHAMBERS 33 ARROYO DRIVE SOUTH SAN FRANCISCO, CA WEDNESDAY, NOVEMBER 28, 2018 6:31 P.M. SPECIAL SUCCESSOR AGENCY MEETING NOVEMBER 28, 2018 MINUTES PAGE 2 could expect to receive would be approximately $1.5 million. Finally, staff evaluated the property tax implications over the next ten years of selling Parcel C to Sares Regis versus selling the property within three years as a stand-alone site. Staff conservatively estimated the property taxes over the next ten years to be $7,805,274 if Parcel C is sold to Sares Regis and just $2,260,036 if it is sold as a stand-alone site. Director Greenwood continued noting that although Sares Regis made an initial offer of $1,118,538 for Parcel C, the County of San Mateo Countywide Oversight Board (“Oversight Board”) rejected the $1,118,538 price offer and continued to negotiate with Sares Regis. On November 26, 2018, the Oversight Board approved a final sale price of $2,000,000 subject to Successor Agency approval. Vice Chair Matsumoto queried the recommendation that the Agency drop its price from $3 million to $2 million. City Manager Futrell reiterated the appraisal differentials based upon property assemblage. Since the Agency owned parcel was valued at $1.8 million stand-alone, the Oversight Board believed a negotiated price of $2 million given the higher value to Sares Regis on property assemblage was reasonable. Motion—Councilman Gupta/Second—Councilman Garbarino: To approve Resolution No. 4-2018. Unanimously approved by roll call vote. ADJOURNMENT Being no further business, Chair Normandy adjourned the meeting at 7:03 p.m. Submitted: Approved: Krista J. Martinelli, Clerk on Submission ________________, Karyl Matsumoto, Chair Successor Agency, City of South San Francisco Successor Agency, City of South San Francisco CALL TO ORDER Time: 6:54 p.m. ROLL CALL Present: Boardmembers Addiego, Garbarino and Gupta, Vice Chair Matsumoto and Chair Normandy. Absent: None. AGENDA REVIEW None. PUBLIC COMMENTS None. CONSENT CALENDAR 1. Motion to approve the Minutes for the meetings of September 26, 2018, October 24, 2018 and November 14, 2018. 2. Motion confirming payment registers for November 28, 2018. (Richard Lee, Director of Finance) Motion−Boardmember Addiego/Second−Boardmember Gupta: to approve the Minutes of the meeting of October 24, 2018 specified in Item No. 1. Approved by the following roll call vote: AYES: Boardmembers Addiego, Garbarino and Gupta and Chair Normandy; NAYS: None; ABTAIN: Vice Chair Matsumoto; ABSENT: None. Motion−Boardmember Addiego/Second−Boardmember Gupta: to approve the Consent Calendar excepting approval of the October 24, 2018 Minutes. Unanimously approved by roll call vote. MINUTES SUCCESSOR AGENCY CITY OF SOUTH SAN FRANCISCO REGULAR MEETING MUNICIPAL SERVICES BUILDING COUNCIL CHAMBERS 33 ARROYO DRIVE SOUTH SAN FRANCISCO, CA WEDNESDAY, NOVEMBER 28, 2018 6:30 P.M. REGULAR SUCCESSSOR AGENCY MEETING NOVEMBER 28, 2018 MINUTES PAGE 2 ADJOURNMENT Being no further business, Chair Normandy adjourned the meeting at 6:59 p.m. Submitted: Approved: Krista J. Martinelli, Clerk on Submission ________________, Karyl, Matsumoto, Chair Successor Agency, City of South San Francisco Successor Agency, City of South San Francisco City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:19-47 Agenda Date:1/23/2019 Version:1 Item #:2. Motion confirming payment registers for January 23,2019.(Christina Crosby, Interim 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 1/18/2019Page 1 of 1 powered by Legistar™ Payment Listing for SSF Successor Agency Board Review Payments issued between and11/19/2018 1/13/2019 VENDOR NAMEDATE CHECK #INVOICE #ACCOUNT #AMOUNT DESCRIPTION SUCCESSOR AGENCY MEYERS, NAVE, RIBACK 12/19/2018 2726792018100101 E 861-70001-5003 3,851.40 SUCCESSOR AGENCY ADMIN MATTERS OCTOBER RSG, INC 12/21/2018 272794I004096 E 861-70001-5005 806.25 FY 17-18 AGREEMENT WITH RSG, INC. Payments issued for SUCCESSOR AGENCY $4,657.65 TOTAL PAYMENTS FOR PERIOD $4,657.65 Wednesday, January 16, 2019 Page 1 of 1