HomeMy Public PortalAboutA 2015-09-01 LHAThis Agenda contains a brief general description of each item to be' considered. Copies of the Staff reports or
other written documentation relating to each item of business referred to on the Agenda are on file in the
Office of the City Clerk and are available for public inspection. A person who has a question concerning any of
the agenda items may call the City Manager at (310) 603 -0220, ext. 200.
Procedures for Addressing the Commissioners of the Housing Authority
IN ORDER TO EXPEDITE LYNWOOD HOUSING AUTHORITY BUSINESS, WE ASK THAT ALL PERSONS
WISHING TO ADDRESS THE AUTHORITY FILL OUT A FORM PROVIDED AT THE DOOR, AND TO TURN
IT IN TO THE AUTHORITY SECRETARY PRIOR TO THE START OF THE MEETING. FAILURE TO FILL
OUT SUCH A FORM WILL PROHIBIT YOU FROM ADDRESSING THE COMMISSIONERS OF THE
AUTHORITY IN THE ABSENCE OF THE UNANIMOUS CONSENT OF THE AUTHORITY.
AGENDA ITEMS ON FILE FOR CONSIDERATION
AT THE REGULAR MEETING OF
THE LYNWOOD HOUSING AUTHORITY
TO BE HELD ON SEPTEMBER 1, 2015
6:00 P.M.
COUNCIL CHAMBERS
11330 BULLIS ROAD, LYNWOOD, CA 90262
JOSE LUIS SOLACHE
CHAIR
MARIA TERESA SANTILLAN -BEAS
VICE CHAIR
AIDE CASTRO
COMMISSIONER
EXECUTIVE DIRECTOR
J. ARNOLDO BELTRAN
AUTHORITY SECRETARY
MARIA QUINONEZ
CALL TO ORDER
2. ROLL CALL OF MEMBERS
Salvador Alatorre
Aide Castro
Edwin Hernandez
Maria T. Santillan -Beas
Jose Luis Solache
AUG 2 7 2015
CITY OF LYNWOOD
PITY CLERKS OFFICE
SALVADOR ALATORRE
COMMISSIONER
EDWIN HERNANDEZ
COMMISSIONER
AUTHORITY COUNSEL
DAVID A. GARCIA
CITY TREASURER
YOLANDA RODRIGUEZ - GONZALEZ
OPENING CEREMONIES
3. CERTIFICATION OF AGENDA POSTING BY SECRETARY
PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)
NON - AGENDA PUBLIC ORAL COMMUNICATIONS
CONSENT CALENDAR
All matters listed under the Consent Calendar will be acted upon by one motion affirming the action
recommended on the agenda. There will be no separate discussion on these items prior to voting unless
members of the Housing Authority or staff request specific items to be removed from the Consent Calendar for
separate action.
4. MINUTES OF PREVIOUS MEETING
Regular Meeting of August 18, 2015
NEW /OLD BUSINESS
5. AGREEMENT WITH ROSENOW SPEVACEK GROUP INC. (RSG) TO PERFORM SPECIAL
ADVISORY SERVICES FOR A DISPOSITION AND DEVELOPMENT AGREEMENT FOR THE PLAZA
MEXICO EXPANSION ON BEHALF OF THE LYNWOOD HOUSING AUTHORITY, THE LYNWOOD
PARKING AUTHORITY AND THE CITY AS REQUESTED
Comments:
Plaza Mexico (the "Project ") is one of Lynwood's more significant commercial development projects
and a major landmark in the region. Plaza Mexico has developed into a major destination and
attraction but is also in need of considerable improvements and renovation. As part of the efforts for
the modernization and expansion of Plaza Mexico, the City of Lynwood and the Lynwood Parking
Authority entered into a Development and Disposition Agreement ( "DDA ") with the developer of Plaza
Mexico on November 5, 2013.
The DDA has as one of its more significant objectives addressing the lack of available parking at the
Project and the proposed expansion of the Project. Since entering in to the DDA, the Developer has
continued to work on the conceptual elements for the expansion of the Project and the critical need for
parking at the Project.
The Developer has been in discussion with City staff about the anticipated expansion of the Project,
the various elements of the proposed expansion and the need to work with the City to further refine
elements of the proposed expansion. After a number of these discussions, it is apparent that the
current DDA must be revised or replaced by a new DDA.
The City wishes to engage in negotiations with the Developer for the purpose of producing a new DDA
that will clearly set forth the mutual obligations — City and its constituent entities on the one hand, and
the Developer, to bring about the successful completion of the Project expansion including the much
needed parking facilities. To this end, the City will require the services of special counsel with
expertise in similar endeavors and the services of consultants well- versed in the economic analysis and
feasibility for similar projects. (CM)
2
Recommendation:
Staff recommends that the City Council of the City of Lynwood, Lynwood Housing Authority, and
Lynwood Parking Authority adopt the attached resolution entitled, "A JOINT RESOLUTION OF THE
LYNWOOD PARKING AUTHORITY, THE LYNWOOD HOUSING AUTHORITY AND CITY COUNCIL
OF THE CITY OF LYNWOOD APPROVING AN AGREEMENT FOR SPECIAL ADVISORY SERVICES
WITH ROSENOW SPEVACEK GROUP, INC. (RSG) TO PROVIDE ADVISORY SERVICES ON
BEHALF OF THE LYNWOOD PARKING AUTHORITY, THE LYNWOOD HOUSING AUTHORITY AND
THE CITY COUNCIL OF THE CITY OF LYNWOOD IN CONNECTION WITH THE NEGOTIATION OF
A DISPOSITION AND DEVELOPMENT AGREEMENT FOR THE EXPANSION OF PLAZA MEXICO."
ADJOURNMENT
THE LYNWOOD HOUSING AUTHORITY MEETINGS WILL BE POSTED AS NEEDED. THE NEXT
MEETING WILL BE HELD IN THE COUNCIL CHAMBERS OF CITY HALL, 11330 BULLIS ROAD, CITY OF
LYNWOOD, CALIFORNIA.
t'�4
_.. AGENDA STAFF REPORT
DATE: September 1, 2015
TO: Honorable Chair and Members of the Lynwood Housing
Authority
APPROVED BY: J. Arnoldo Beltran, Executive Director C4
PREPARED BY: Maria Quinonez, Authority Secretary fwCX
Lourdes Morales, Office Assistant II V J
SUBJECT: Lynwood Housing Authority Minutes
Recommendation:
Staff recommends the Lynwood Housing Authority approve the following
minutes:
• Regular Meeting —August 18, 2015
Background: N/A
Discussion & Analysis: N/A
Fiscal Impact: N/A
Coordinated With: N/A
ITEM
�q_'
LYNWOOD HOUSING AUTHORITY
REGULAR MEETING
August 18, 2015
The Housing Authority of the City of Lynwood met in a regular meeting in the City
Council Chambers, 11330 Bullis Road on the above date at 6:33 p.m.
Chair Solache presiding.
Commissioners Alatorre, Castro, Hernandez and Santillan -Beas were present.
Also present were Executive Director Beltran, Authority Counsel Garcia, Authority
Secretary Quinonez and City Treasurer Rodriguez.
Authority Secretary Quinonez announced that the Agenda had been duly posted in
accordance with the Brown Act.
PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)
NONE
NON - AGENDA PUBLIC ORAL COMMUNICATIONS
NONE
NEW /OLD BUSINESS
Item #4. MINUTES OF THE PREVIOUS MEETING
MOTION: It was moved by Commissioner Castro, seconded by Commissioner
Alatorre and carried by unanimous vote to approve the minutes of the previous meeting.
Special Meeting — November 18, 2014
Item #5. AGREEMENT WITH KANE BALLMER & BERKMAN TO PERFORM
SPECIAL COUSEL SERVICES FOR A DISPOSITION AND
DEVELOPMENT AGREEMENT FOR THE PLAZA MEXICO EXPANSION
ON BEHALF OF THE LYNWOOD HOUSING AUTHORITY, THE
LYNWOOD PARKING AUTHORITY AND THE CITY AS REQUESTED
MOTION: It was moved by Vice Chair Santillan -Beas, seconded by Commissioner
Castro and carried by unanimous vote to take item number five in conjunction with item
number twenty three of the regular City Council Agenda and item number three of the
Lynwood Parking Authority.
MOTION: After discussion, it was moved by Commissioner Castro, seconded by
Vice Chair Santillan -Beas and carried by unanimous vote to approve Resolution No.
2015.001.
RESOLUTION NO. 2015.001 ENTITLED:
A JOINT RESOLUTION OF THE CITY OF THE LYNWOOD PARKING AUTHORITY,
THE LYNWOOD HOUSING AUTHORITY AND CITY COUNCIL OF THE CITY OF
LYNWOOD APPROVING AN AGREEMENT FOR SPECIAL COUSEL LEGAL SERVICES
WITH KANE BALLMER & BERKMAN TO PERFORM LEGAL SERVICES ON THE
BEHALF OF THE LYNWOOD PARKING AUTHORITY, THE LYNWOOD HOUSING
AUTHORITY AND THE CITY COUNCIL OF THE CITY OF LYNWOOD IN CONNECTION
WITH THE NEGOTIATION OF A DISPOSITION AND DEVELOPMENT AGREEMENT
FOR THE EXPANSION OF PLAZA MEXICO
CLOSED SESSION
NONE
ADJOURNMENT
Having no further discussion, it was moved by Commissioner Castro, seconded by
Commissioner Hernandez and carried to adjourn the regular Lynwood Housing
Authority meeting at 6:35 p.m.
Jose Luis Solache, Chair
Maria Quinonez, Authority Secretary
7L IF04� O F µ YY�,�
,U'`��„d� a AGENDA STAFF REPORT
DATE: September 1, 2015
TO: Honorable Mayor and Members of the City Council
Honorable Chair and Members of the Housing Authority
Honorable Chair and Members of the Parking Authority
APPROVED BY: J. Arnoldo Beltran, City Manager /Executive Director/ Authority
Administrator GdV- ' n
PREPARED BY: Amanda Hall, Finance Director v°
SUBJECT: Agreement with Rosenow Spevacek Group Inc. (RSG) to Perform
Special Advisory Services for a Disposition and Development
Agreement for the Plaza Mexico Expansion on Behalf of the
Lynwood Housing Authority, the Lynwood Parking Authority and the
City as Requested
Recommendation:
Staff recommends that the City Council of the City of Lynwood, Lynwood Housing
Authority, and Lynwood Parking Authority adopt the attached resolution entitled, "A JOINT
RESOLUTION OF THE LYNWOOD PARKING AUTHORITY, THE LYNWOOD
HOUSING AUTHORITY AND CITY COUNCIL OF THE CITY OF LYNWOOD
APPROVING AN AGREEMENT FOR SPECIAL ADVISORY SERVICES WITH
ROSENOW SPEVACEK GROUP, INC. (RSG) TO PROVIDE ADVISORY SERVICES ON
BEHALF OF THE LYNWOOD PARKING AUTHORITY, THE LYNWOOD HOUSING
AUTHORITY AND THE CITY COUNCIL OF THE CITY OF LYNWOOD IN CONNECTION
WITH THE NEGOTIATION OF A DISPOSITION AND DEVELOPMENT AGREEMENT
FOR THE EXPANSION OF PLAZA MEXICO."
Background:
Plaza Mexico (the "Project ") is one of Lynwood's more significant commercial
development projects and a major landmark in the region. Plaza Mexico has developed
into a major destination and attraction but is also in need of considerable improvements
and renovation. As part of the efforts for the modernization and expansion of Plaza
Mexico, the City of Lynwood and the Lynwood Parking Authority entered into a
Development and Disposition Agreement ( "DDA ") with the developer of Plaza Mexico o AGENC
November 5, 2013.
ITEM
The DDA has as one of its more significant objectives addressing the lack of available
parking at the Project and the proposed expansion of the Project. Since entering in o
1
the DDA, the Developer has continued to work on the conceptual elements for the
expansion of the Project and the critical need for parking at the Project.
The Developer has been in discussion with City staff about the anticipated expansion of
the Project, the various elements of the proposed expansion and the need to work with
the City to further refine elements of the proposed expansion. After a number of these
discussions, it is apparent that the current DDA must be revised or replaced by a new
DDA.
The City wishes to engage in negotiations with the Developer for the purpose of producing
a new DDA that will clearly set forth the mutual obligations — City and its constituent
entities on the one hand, and the Developer, to bring about the successful completion of
the Project expansion including the much needed parking facilities. To this end, the City
will require the services of special counsel with expertise in similar endeavors and the
services of consultants well- versed in the economic analysis and feasibility for similar
projects.
Discussion:
As an initial step in negotiations with the Developer for the Project expansion, the City
must negotiate a new DDA that clearly sets out the details of the Project expansion and
the respective obligations of the parties. It is, therefore, imperative that special advisory
services be retained to begin this process.
RSG has provided community and economic development services to several local public
agencies for over 30 years. These services include market analysis, economic
development, business development and business retention, advisory committee and
community outreach, and project and program implementation.
Staff anticipates that special advisory services in an amount in excess of $30,000 will be
required to negotiate the successor DDA. As such, staff is requesting that the City
Council, the Lynwood Parking Authority and the Lynwood Housing Authority enter into a
new agreement with RSG for special advisory services, all in an amount not to exceed
$30,000.
Fiscal Impact:
Appropriate and transfer funding for the services of RSG in the negotiations for a
successor DDA with Plaza Mexico. Total payments under this agreement are not to
exceed $30,000. The provisions of the successor DDA will require a deposit by the
Developer of the Project in an amount of $100,000. The funds on deposit will be used to,
among other things, cover the costs of special counsel and the City's economic
consultants.
Coordinated With:
Finance Department
City Attorney
Authority Counsel
2
Attachment:
Resolution
3
CITY RESOLUTION NO.
LHA RESOLUTION NO.
LPA RESOLUTION NO.
A JOINT RESOLUTION OF THE LYNWOOD PARKING AUTHORITY, THE LYNWOOD
HOUSING AUTHORITY AND CITY COUNCIL OF THE CITY OF LYNWOOD
APPROVING AN AGREEMENT FOR SPECIAL ADVISORY SERVICES WITH
ROSENOW SPEVACEK GROUP, INC. (RSG) TO PERFORM ADVISORY SERVICES
ON THE BEHALF OF THE LYNWOOD PARKING AUTHORITY, THE LYNWOOD
HOUSING AUTHORITY AND THE CITY COUNCIL OF THE CITY OF LYNWOOD IN
CONNECTION WITH THE NEGOTIATION OF A DISPOSITION AND DEVELOPMENT
AGREEMENT FOR THE EXPANSION OF PLAZA MEXICO
WHEREAS, RSG has provided community and economic development services
to several local public agencies for over 30 years. These services include market
analysis, economic development, business development and business retention,
advisory committee and community outreach, and project and program implementation;
and
WHEREAS, Plaza Mexico (the "Project') is one of Lynwood's more significant
commercial development projects and a major landmark in the region, and has developed
into a major destination and attraction but is in need of considerable improvements and
renovation;
WHEREAS, as part of the efforts for the modernization and expansion of Plaza
Mexico, the City of Lynwood and the Lynwood Parking Authority entered into a
Development and Disposition Agreement ( "DDA ") with the developer of Plaza Mexico on
November 5, 2013; and
WHEREAS, the DDA has as one of its more significant objectives addressing the
lack of available parking at the Project and the proposed expansion of the Project, and
since entering in to the DDA, the Developer has continued to work on the conceptual
elements for the expansion of the Project and the critical need for parking at the Project;
and
WHEREAS, the Developer has been in discussion with City staff about the
anticipated expansion of the Project, the various elements of the proposed expansion and
the need to work with the City to further refine elements of the proposed expansion, and
after a number of these discussions, it is apparent that the current DDA must be revised
or replaced by a new DDA; and
WHEREAS, the City wishes to engage in negotiations with the Developer for the
purpose of producing a new DDA that will clearly set forth the mutual obligations — City
and its constituent entities on the one hand, and the Developer, to bring about the
successful completion of the Project expansion including the much needed parking
facilities, and this will require the services of special counsel with expertise in similar
endeavors and the services of consultants well- versed in the economic analysis and
feasibility for similar projects.
2
NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES
HEREBY FIND, DETERMINE, ORDER AND RESOLVE AS FOLLOWS:
Section 1. That the City Council of the City of Lynwood authorizes the Mayor to
approve the Agreement in a form acceptable to the City Attorney authorizing RSG to
provide special advisory services to the City, the Lynwood Parking Authority and the
Lynwood Housing Authority to negotiate a Development and Disposition Agreement with
the Plaza Mexico developer that will address the proposed expansion of Plaza Mexico
including the building of parking facilities.
Section 2. That the City Council of the City of Lynwood appropriates and transfers
$30,000 from the unappropriated General Fund for the services of RSG pursuant to the
City Agreement. Payments for special advisory services as provided herein shall be
recovered from the deposit the developer will be required to provide upon the execution
of the DDA.
Section 3. This resolution shall become effective immediately upon its
adoption.
Section 4. The City Clerk shall certify as to the adoption of this Resolution.
PASSED, APPROVED and ADOPTED this 1 5 t day of September 2015.
Jose Luis Solache, Mayor /Chair
ATTEST:
Maria Quinonez
City Clerk/Authority Secretary
APPROVED AS TO FORM:
David A. Garcia
City Attorney /Authority Counsel
APPROVED AS TO CONTENT:
Amanda Hall
Finance Director
5
COMPANY PROFILE
Rosenow Spevacek Group, Inc. (RSG) is a creatively- charged counterpart to over 90 California public
agencies. We work with people responsible for creating vibrant places to accomplish their fiscal health,
economic development and real estate goals.
MISSION STATEMENT
"RSG creates solutions to enhance communities' physical, economic, and social future."
CORE VALUES
All of our work aligns with our core values — they define who we are as people, how we can be expected
to work, and what our clients can expect from our consulting services. These include:
• Social and community responsibility
• Creativity and innovation
• Excellence in products and services
• Honest and ethical behavior above all else
CORPORATE INFORMATION
Rosenow Spevacek Group, Inc. is a California- based, Subchapter "S" corporation. Founded in 1979, the
firm provides a wide array of community development consulting services to local government
organizations and private entities. Ownership is divided among four active shareholders, Jim Simon,
Hitta Mosesman, Alexa Smittle, and Tara Matthews.
Our corporate offices are located in Santa Ana, California, with some staff working from home - offices in
Berkeley, Sacramento, and North San Diego County.
INSURANCE
The firm maintains a wide range of property,
requirements of the City. Corporate general
Insurance Company, Ltd (Hartford Group) with
following:
auto, and liability insurance commensurate with the
liability insurance is renewed annually with Sentinel
an A.M. Best Rating of A XV. Coverage includes the
• $2,000,000 General Aggregate
• $2,000,000 Products /Completed Operations
• $1,000,000 Personal /Advertising Injury
• $1,000,000 Per Occurrence
• $1,000,000 Employee Benefit Liability
RSG will furnish the client with a certificate of insurance upon receipt of a proposed contract prior to the
commencement of services. Should you need additional information, please contact our office.
CORPORATE BROKER LICENSE & INSURANCE
In order to deliver real estate asset management services to our clients, our firm maintains a corporate
brokers license (CaIBRE #01930929), and has four licensed brokers on staff.
Under our insurance policy renewed annually with Berkley Assurance Company (rated A+ XV), RSG is
able to provide broker services for commercial real estate and land acquisition projects. RSG also carries
errors and omissions insurance
• $1,000,000 General Aggregate
$1,000,000 Limit of Liability Per Claim
9 RSG
BETTER COMMUNITIES. BOLDER FUTURES.
ROSENOW SPEVACEK GROUP INC.
ROSENOW SPEVACEK GROUP INC.
309 WEST 4TH STREET
SANTA ANA, CALIFORNIA
92701 -4502
Current 2015 Hourly Billing Rates & Fee Schedule
Principal / Director
$
235
Senior Associate
$
180
Associate
$
160
Senior Analyst
$
135
Analyst
$
125
Research Assistant
$
110
Technician
$
80
Clerical
$
60
Reimbursable Expenses Cost plus 10%
T 714 541 4585
F 714 5411175
E INFO @WEBRSG.COM
W EBRSG.CO M
RSG does not charge clients for travel or mileage (except direct costs related to field work/surveys),
parking, standard telephone /fax expenses, general postage or incidental copies. However, we do charge
for messenger services, overnight shipping /express mail costs and teleconferencing services. Any third
party data required may also be charged to the client, typical examples include copies of the equalized
assessment roll and Costar Market data. We also charge for copies of reports, documents, notices, and
support material in excess of five (5) copies. These costs are charged back at the actual expense plus a
10% surcharge.
RSG issues monthly invoices payable upon receipt, unless otherwise agreed upon in advance. Invoices
identify tasks completed to date, hours expended and the hourly rate.
FISCAL HEALTH
ECONOMIC DEVELOPMENT
REAL ESTATE, HOUSING
AND HEALTHY COMMUNITIES
JIM SIMON, Principal /President
FOCUS AREAS
Real estate acquisition, development and
financial feasibility, economic development
WHAT I LOVE ABOUT WORK
I'm driven to help local government capitalize
on community development opportunities. The
work is not static. I enjoy adapting my style,
pace and approach to the specific needs of my
clients and their communities.
ABOUT ME
Inspired to improve the Golden State in his work, Jim delivers intelligence,
innovation and passion to projects requiring his unparalleled expertise in
fiscal health, real estate and economic development. For nearly 25 years,
Jim is proud to have led projects that have resulted in the investment of over
$3 billion in private and public capital, transforming cities and communities
across California. As President of RSG, Jim is helping to shape the next
generation of the firm's legacy - leading RSG's team of inspired, creative
and insightful consultants that serve over 100 communities each year.
Jim joined RSG in 1991, and has served as a Principal and shareholder
since 2001. He received a BA in Business Administration with a
concentration in entrepreneurial management from California State
University, Fullerton. In 2014, Jim was selected as an Advisory Board
member of the California Association for Local Economic Development, and
is an active member of the International Council of Shopping Centers
(ICSC) and the National Association of Office and Industrial Properties
(NAIOP) as well as other professional organizations.
RECENT ENGAGEMENTS
• Performed economic impact analysis for development of the catalytic
Kaiser Permanente medical office project for the Leimert Park
neighborhood in south Los Angeles.
• Negotiated and structured terms and conditions of a workforce housing
development in Goleta which was recognized by the American Planning
Association's Central Coast Chapter as a "Hard Won Victory."
• Analyzed and developed deal terms for a disposition and development
agreement for a public - private partnership of a $70 million mixed use
project in downtown San Carlos.
• Analyzed and developed framework for a subvention agreement between
the City of Los Angeles and Westfield for development of a $350 million
destination lifestyle center in west San Fernando Valley.
• Vetted equity investor and developer qualifications for the resurrection of
the stalled reopening of the Ritz Carlton Rancho Mirage to be opened in
May 2014.
• Led the RSG team in an analysis of real estate market conditions and
other assumptions employed by the Los Angeles County Assessor's
office in their 2012 -13 property value forecast.
OUT & ABOUT
• "Layered Financing: Funding Projects Today" — CALED /Annual
Conference (Apr'14)
• "Creating an Economic Development Strategy" — OCED /Southern
California Economic Development Symposium (Feb'14)
• "Real Estate Development & Reuse" — CALED /Introduction to Economic
Development Certificate Program (Oct'l3)
• "Components of an Economic Development Strategy"— CSAC /Economic
Development and Opportunities for Counties (May'13)
• "Economic Development Beyond Redevelopment " — CSMFOMebinar
(Sep'12)
• "Unincorporated Communities and Infrastructure Financing" —
CALAFCO /Annual Conference (Oct'10)
• "Pro Forma Development — CSU Fullerton /Extension Program (May'08)
National Association of Office and Industrial Properties
4 �J RSG
HITTA MOSESMAN, Principal /Secretary
FOCUS AREAS
Municipal Finance, Fiscal Health, Economic
Development, Real Estate
WHAT I LOVE ABOUT WORK
I have the chance to discover and build upon
the unique qualities and character present in
every community. I help communities improve
and thrive in the face of challenges to
revenues and increased levels of services.
ABOUT ME
Hitta produces solutions to community problems with her expertise in public
financing opportunities and economic development. She forms dynamic
collaborations with her clients large and small, ranging from cities to public
entities and agencies. Her work Includes property tax projections, real
estate valuation analysis, cash flow analyses, successor agency consulting,
methodology reviews, audits of assessed value projections, and fiscal
impact analyses.
Hitta originally joined RSG in 1989 as an intern while completing her BS in
Economics with a minor in Business Management from the University of
California, Irvine. After working for two boutique municipal consulting firms,
Hitta re- joined RSG in 1996.
RECENT ENGAGEMENTS
Calculated multiple cash flow analysis scenarios to determine the
maximum amount of loan repayment (and most beneficial repayment
structure) to a city to fund a large -scale and regionally-significant
recreation area in Orange County.
Prepared complex property disposition plan for a former redevelopment
agency that owns over 100 properties, including a valuation analysis of
each property.
Formulated multi -year property tax projections for a large special district
for budgeting purposes. These projections incorporate new development
projects, appeals, and annexations, as well as an economic analysis to
forecast future growth rates in assessed valuation.
OUT & ABOUT
• League of California Cities City Managers Group, Economic
Development Focus Group Member
• Speaker, San Gabriel Valley City Managers Association (League of
California Cities) on Economic Development
• California Association for Local Economic Development
Certified personal trainer
RSG�
u�mes.
RELEVANT EXPERIENCE AND CLIENT REFERENCES
Below are three recent case studies and client references on similar projects for your perusal.
Grand Avenue /Related
In 2014, RSG prepared a
fiscal and economic impact
analysis of a proposed $900
million mixed use project in
downtown Los Angeles. We
are currently engaged in
updating this forecast in light
of the developer's new
program.
John Wickham
Office of the Chief Legislative
Analyst
213 - 473 -5738
john.wickham @lacity.org
Westfield Topanga Village
In 2012 and 2013. RSG
worked with the City of LA on
a proposed subvention
agreement, which was based
on our analysis of the project's
net new fiscal and economic
impacts.
Ivania Sobalvarro
Office of the Chief Legislative
Analyst
213 - 473 -5745
ivania.sobalvarro @lacity.org
Aqua Hedionda South
Shore
The City of Carlsbad retained
RSG in May 2015 to provide a
peer review of fiscal,
economic, tourism and public
benefit impact analysis
prepared by a developer for a
voter initiative project.
Christina Vincent
Economic Development
Manager
760 - 602 -2712
Christina.vincent @carlsbadca.
gov
it �l