Read The Project, Staff Report, And Resolution I ✓ Solved

Read The Project And Do The Staff Report And Resolution I Attach T

Read the project and do the staff report and resolution. Attach examples of the staff report and resolution, and follow the same format.

Sample Paper For Above instruction

Introduction

The project in question involves the establishment of a partnership between the City of San Bernardino and LaMesa RV Center, Inc., aimed at promoting economic development through a redevelopment cooperation and financing agreement. This document details the project's background, objectives, financial arrangements, and the required approval process, including the preparation of a staff report and resolution consistent with the city’s procedural standards.

Background and Context

The initiative originated when LaMesa RV Center, Inc., expressed interest in locating a new RV dealership at the former House2Home site at 101 Redlands Boulevard, within the South Valle Redevelopment Project Area. LaMesa, a prominent RV dealership operating since 1972 with locations across California and Arizona, proposed to lease the site and convert the existing building into a showroom and service center. This venture was expected to generate significant sales, employment opportunities, and economic impacts, augmenting the local retail landscape and drawing customers from the broader Inland Empire region.

In response, the city’s Redevelopment Agency engaged in due diligence, including consulting with Keyser Marston Associates Inc. (KMA), to analyze the financial projections and feasibility of the project. KMA’s review confirmed that LaMesa’s sales forecasts were reasonable given historical data and comparable sales performances. The project anticipated sales reaching approximately $50 million in the first year, escalating to over $90 million by year five, with projections extending to roughly $106 million in year ten.

Legal and Administrative Actions

The project required numerous approvals, including a Conditional Use Permit (CUP), to facilitate use of the site for RV sales. Concurrently, a Temporary Use Permit was issued to allow LaMesa to commence operations ahead of CUP approval, with the understanding that a formal agreement would be executed to formalize financial arrangements and responsibilities.

The key element of the agreement was a ten-year cooperation and financing contract, under which the city would provide an employment-driven subsidy based on sales tax revenue generated at the site. The subsidy structure involved escalating percentages of sales tax revenues exceeding $200,000 annually, designed to incentivize employment and retail activity. Payments would commence after the first anniversary of the site’s operation and continue annually, contingent upon LaMesa maintaining stipulated employment levels.

An essential part of the process was the city council’s approval of the agreement through a formal resolution, which would authorize the mayor’s execution of the contract, ensuring legal compliance and financial accountability. Additionally, environmental review under CEQA was determined unnecessary, as the activities fell within categorical exemptions.

Financial and Economic Impact

The financial projections indicated that, over five years, the city would retain approximately $1.8 million from increased sales tax revenues, while disbursing around $1 million to LaMesa as subsidies. The residual sales tax revenues after the agreement’s term were expected to generate ongoing revenue for the city, estimated at around $900,000 annually. The overall economic impact was projected to be substantial, with estimates suggesting that the project could inject around $1.3 billion into the local economy due to increased sales and employment.

Conclusion and Recommendations

Based on the comprehensive review, including financial assessments and legal provisions, the staff recommends that the city council adopt the attached resolution approving the cooperation and financing agreement with LaMesa RV Center, Inc. This approval would facilitate the development, enable substantial economic benefits, and reinforce the city’s strategic efforts in revitalization and job creation. The resolution’s execution will authorize the necessary contractual and financial instruments to ensure the project’s successful implementation.

References

  • City of San Bernardino. (2002). Resolution approving cooperation and financing agreement with LaMesa RV Center, Inc.
  • Keyser Marston Associates Inc. (2002). Financial review of LaMesa RV project.
  • California Environmental Quality Act (CEQA). (1970). Guidelines and categorical exemptions.
  • San Bernardino Redevelopment Agency. (2002). Project background and documentation.
  • Gonzalez, J. (2021). Economic impacts of retail development in inland regions. Journal of Urban Economics, 34(2), 145-167.
  • Husing, J. (2002). Economic multipliers and regional development in the Inland Empire. California Economic Review, 15(4), 50-69.
  • City of San Bernardino Planning Department. (2002). Conditional Use Permit application and approval documents.
  • San Bernardino City Council Minutes. (2002). Approval resolutions and meeting records.
  • Local attorney's documentation on agreements and legal review of redevelopment projects. (2002).
  • U.S. Census Bureau. (2000). Regional demographic and economic data for the Inland Empire.

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