Loading...
04 April 28, 2008 Property83792 RECORDS RIVERSIDE COUNTY TRANSPORTATION COMMISSION PROPERTY COMMITTEE MEETING AGENDA TIME: 12:30 p.m. DATE: Monday, April 28, 2008 LOCATION: CONFERENCE ROOM A County of Riverside Administrative Center Riverside County Transportation Commission 4080 Lemon Street, Third Floor, Riverside, 92501 * * * COMMITTEE MEMBERS * * * Steve Adams, Chair / Andy Melendrez, City of Riverside Robin Lowe, Vice -Chair / Eric McBride, City of Hemet John Chlebnik / Ray Quinto, City of Calimesa Bob Magee / Robert L. Schiffner, City of Lake Elsinore Frank Hall / Malcolm Miller, City of Norco Gordon Moller / Alan Seman, City of Rancho Mirage John F. Tavaglione, County of Riverside Roy Wilson, County of Riverside Marion Ashley, County of Riverside Comments are welcomed by the Committee. if you wish to provide comments to the Committee, please complete and submit a Speaker Card to the Clerk of the Board 11.36.09 • • • RIVERS/DE COUNTY TRANSPORTATION COMMISSION PROPERTY COMMITTEE www.rctc.org AGENDA* *Actions may be taken on any item listed on the agenda 12:30 p.m. Monday, April 28, 2008 CONFERENCE ROOM A Riverside County Transportation Commission 4080 Lemon Street, Third Floor, Riverside, 92501 1. CALL TO ORDER 2. ROLL CALL 3. PUBLIC COMMENTS - Each individual speaker is limited to speak three (31 continuous minutes or less. The Commission may, either at the direction of the Chair or by majority vote of the Commission, waive this three minute time limitation. Depending on the number of items on the Agenda and the number of speakers, the Chair may, at his/her discretion, reduce the time of each speaker to two (2) continuous minutes. In addition, the maximum time for public comment for any individual item or topic is thirty (30) minutes. Also, the Commission may terminate public comments if such comments become repetitious. Speakers may not yield their time to others without the consent of the Chair. Any written documents to be distributed or presented to the Commission shall be submitted to the Clerk of the Board. This policy applies to Public Comments and comments on Agenda Items. Under the Brown Act, the Board should not take action on or discuss matters raised during public comment portion of the agenda which are not listed on the agenda. Board members may refer such matters to staff for factual information or to be placed on the subsequent agenda for consideration. 4. APPROVAL OF MINUTES - JANUARY 28, 2008 Property Committee Agenda April 28, 2008 Page 2 5. ADDITIONS/REVISIONS - The Committee may add an item to the Agenda after making a finding that there is a need to take immediate action on the item and that the item came to the attention of the Committee subsequent to the posting of the agenda. An action adding an item to the agenda requires 2/3 vote of the Committee. if there are less than 2/3. of the Committee members present, adding an item to the agenda requires a unanimous vote. Added items will be placed for discussion at the end of the agenda. 6. AMENDMENT NO. 2 WITH BRE PROPERTIES FOR TRANSIT ORIENTED DEVELOPMENT AT THE LA SIERRA METROLINK STATION Overview This item is for the Property Committee to: Page 1 1) Approve Amendment No. 07-670-004-02, Amendment No. 2 to Agreement No. 07-67-004-00, with BRE Properties for transit oriented development (TOD) at the La Sierra Metrolink station, pursuant to legal counsel review; and 2) Forward to the Commission for final action. 7. PROPERTY EASEMENT AMENDMENTS TO ACCOMMODATE TRANSIT ORIENTED DEVELOPMENT PLANS WITH BRE PROPERTIES ADJACENT TO THE RIVERSIDE DOWNTOWN METROLINK STATION Page 3 1) Amend property easement nos. 73060 and 313756 to accommodate transit oriented development (TOD) plans with BRE Properties adjacent to the Riverside Downtown Metrolink station pursuant to legal counsel review; and 2) Forward to the Commission for final action. 8. ADJOURNMENT The next Property Committee meeting is scheduled to be held on 12:30 p.m., Monday, June 23, 2008, at Board Room, County of Riverside Administrative Center, 4080 Lemon Street, Third Floor, Riverside. RIVERSIDE COUNTY TRANSPORTATION COMMISSION PROPERTY COMMITTEE ROLL CALL APRIL 28, 2008 County of Riverside, District II County of Riverside, District IV County of Riverside, District V City of Calimesa City: of: Hemet City of Lake Elsinore City of Rancho Mirage City of Norco City of Riverside Present O Absen a ,r2' a O O at2- °9 PROPERTY COMMITTEE COMMISSIONER SIGN -IN SHEET APRIL 28, 2008 NAME © 1v161 AGENCY t< E MAIL ADDRESS !o/fAl CN /VORco AGENDA ITEM 4 • MINUTES • RIVERSIDE COUNTY TRANSPORTATION COMM/SS/ON PROPERTY COMMITTEE Monday, January 28, 2008 MINUTES 1. CALL TO ORDER Vice Chair Bob Magee called the meeting of the Property Committee to order at 12:36 p.m., on Monday, January 28, 2008, at the Riverside County Transportation Commission's Office, 4080 Lemon Street, Third Floor, Riverside, California 92501. Commissioners Present Commissioners Absent Steve Adams Marion Ashley John Chlebnik Frank Hall Robin Lowe Bob Magee Gordon Moller John F. Tavaglione Roy Wilson 2. PUBLIC COMMENTS There were no requests to speak from the public. 3. ADDITIONS/REVISIONS There were no additions or revisions to the agenda. 4. APPROVAL OF MINUTES M/S/C (Ashley/Adams) to approve the minutes of June 25, August 27, and September 5, 2007 as submitted. • RCTC Property Committee Minutes January 28, 2008 Page 2 5. ADDITIONS/REVISIONS - The Committee may add an item to the Agenda after making a finding that there is a need to take immediate action on the item and that the item came to the attention of the Committee subsequent to the posting of the agenda. An action adding an item to the agenda requires 2/3 vote of the Committee. if there are less than 2/3 of the Committee members present adding an item to the agenda requires a unanimous vote. Added items will be placed for discussion at the end of the agenda. 6. ELECTION OF OFFICERS Jennifer Harmon, Clerk of the Board, provided an overview of the election of officers for 2008 in accordance with the Administrative Code. Commissioner Magee, seconded by Commissioner Marion Ashley, nominated the following slate of officers for 2008: Steve Adams for the Chair position; and Robin Lowe for the Vice Chair position. No other nominations were received. Commissioners Steve Adams and Roger Berg were unanimously elected as the Property Committee's Chair and Vice Chair, respectively. At this time, Commissioner Adams assumed the chair. 7. CLOSED SESSION 7A. CONFERENCE WITH LEGAL COUNSEL: EXISTING LITIGATION Pursuant to Subdivision (a) of Government Code Section 54956.9 Case Number: 390842 There were no announcements from Closed Session items. 8. ADJOURNMENT There being no further business for consideration by the Property Committee, the meeting was adjourned at 12:48 p.m. Respectfully submitted, Ou"^"-q4L- H- Jennifer Harmon Clerk of the Board AGENDA ITEM 6 s • • RIVERSIDE COUNTY TRANSPORTATION COMM/SS/ON DATE: April 28, 2008 TO: Property Committee FROM: Stephanie Wiggins, Regional Programs Director Min Saysay, Right -of -Way Manager THROUGH: John Standiford, Deputy Executive Director SUBJECT: Amendment No. 2 with BRE Properties for Transit Development at the La Sierra Metrolink Station Oriented STAFF RECOMMENDATION: This item is for the Committee to: 1) Approve Amendment No. 07-670-004-02, Amendment No. 2 to Agreement No. 07-67-004-00, with BRE Properties for transit oriented development (TOD) at the La Sierra Metrolink station, pursuant to legal counsel review; and 2) Forward to the Commission for final action. BACKGROUND INFORMATION: At its July 12, 2006 meeting, the Commission awarded an exclusive negotiating agreement (ENA) No. 07-67-004-00 for joint development at the La Sierra Metrolink station to BRE Properties for a 180-day period. The ENA allows for the Commission to negotiate exclusively with BRE Properties. At its February 14, 2007 meeting, the Commission approved Agreement No. 07-67-004-01 authorizing a six-month extension of the negotiating period. Representatives from the Commission, BRE Properties, Best, Best & Krieger, the city of Riverside Planning and Redevelopment, and Keyser Marston Associates (real estate financial advisory) have participated in the negotiations. Briefings with Riverside Public Utilities and Riverside Transit Agency representatives have also been held. The TOD project at the La Sierra station proposed by BRE Properties contemplates construction of two 1,000 space parking structures to the Commission for Metrolink parking in exchange for Commission property in two phases. The first phase option would terminate in December 2009, while the second phase option would terminate in December 2012. Agenda item 6 At its September 2007 meeting, the Commission approved Agreement No. 08-67-018-00 with BRE Properties for a TOD option at the La Sierra station. The proposed option agreement also contemplates the use of the Infrastructure Financing Act (Government Code Section 5956-5956.10), which would require a public hearing prior to the opening of each Metrolink parking structure related to a parking fee to cover maintenance of the parking structure. The proposal does not require a fee for the capital construction of the parking structure since the Commission would convey its property to the developer, BRE Properties. Need For Exclusive Negotiating Agreement Extension Since the September 2007 meeting, the option agreement has not been executed at the request of. BRE Properties. During the last few months, the downturn in the residential market coupled with the costs of the public infrastructure requirements give pause to BRE Properties in light of their impact to the pro -forma. BRE Properties continues to meet with the city of Riverside and Commission staff to discuss funding alternatives. BRE recently submitted a joint application with the Commission for Prop 1 C TOD funds for the parking structure at the La Sierra station. As a result, BRE Properties is requesting an ENA extension in order to pursue other funding/financing options to complete its funding plan. Staff recommends that the ENA extension term end September 30, 2008. Agenda Item 6 • • AGENDA ITEM 7 • • • RIVERS/DE COUNTY TRANSPORTATION COMMISSION DATE: April 28, 2008 TO: Property Committee FROM: Sheldon Peterson, Program Manager Min Saysay, Right -of -Way Manager THROUGH: Stephanie Wiggins, Regional Programs Director SUBJECT: Property Easement Amendments to Accommodate Transit Oriented Development Plans with BRE Properties Adjacent to the Riverside Downtown Metrolink Station STAFF RECOMMENDATION: This item is for the Committee to: 1) Amend property easement nos. 73060 and 313756 to accommodate transit oriented development (TOD) plans with BRE Properties adjacent to the Riverside Downtown Metrolink station pursuant to legal counsel review; and 2) Forward to the Commission for final action. BACKGROUND INFORMATION: After the construction of the southside platforms at the Riverside Downtown station, the Commission established property easement nos. 73060 and 313756 in 1997. These were developed for the purpose of providing pedestrian and vehicular access to the platform for maintenance and emergency purposes and to provide emergency access, ingress and egress to and from the platform. These easements are located along the property east of the station and provide access along the continuation of 12th Street to Howard Avenue and roughly from the pedestrian access location west towards 14' Street. From the station platform, there is a pedestrian crossing of the station tracks and a gate that provides access to the easement. The property encumbered by these easements is owned in fee by BRE Properties and is currently being designed as a TOD that will include a 14.9 acre development with 427 rental apartment units and 771 parking spaces. The developer is requesting that the Commission modify the existing easements to relocate them to coordinate with vehicle and pedestrian access areas designated within the project plans. This means that the easements will shift approximately 20 to 50 feet within the property to meet the proposed driveway locations. There will be no change in the total area of the easements and the Commission's rights will be fully retained. Agenda Item 7 3 This change will support the creation of the first TOD in Downtown Riverside that will help to revitalize the neighborhood and increase Metrolink ridership. There is no fiscal impact with this easement modification. Attachment: Site Plan with Current Easement Agenda Item 7 4 • brl"°leitt 1"a�qV �0 201 Lb 70c` 09p£L � 21-7 • 5 • 94 �d y��tlW.0 Lb�1 �'� � 951..£,1 g A • i PR o ei(k* Corn ern i 1-\?6-k - 2_8 , 2_00 c�uU�Y;oo�i� h a i i r- _ r tisa �a is T.�/,ate' kr - - _ r II MINIM MY Ai 0.041R e-r+owa-RE)- L - "Vo r ,kA, EMERGENCY —.♦OMT th STREET A 1111111/ TO'SETDACK _ PROPERTYI32E 01 9't 1: n 3 9 12 0 30 1♦% B x♦ 0 0 0 0 0 32 16% PARKING SEAMIARY N,Ora,.. _.. ^ _ LOOT TVPFS Loa, 0.0.1lo UTT '1 Sta.1ABlS 03 ISO 140 •BORA UNITS 103 2E0 210 • Elam M RS 10 200 20 • AL UHT. 201 ST-(1 STALL, WITS) 200 35 . din..-;.,. :3 .. .. _ 404 .` . oi0lili'LiS1�f(iM6 ... •.... lam' TOTAL T1ICR LoIDERGARAGEMICLO HLPZ 32 113 TOTAL COVERED TANDEM PARING 1613 135 TOTAL OPEN TANDEM PAHAN6 0 TOTAL OPEN STALLOICLO HCP7 116 •TAL PARALLEL 0 TOT A L CAPPORTINCLOHGPI 16% 50 3.4 016.06 a B e u 12% 3 0 0 r 5 PHASE 7.$ACRES' ti BTP20A WO. 0 6 ♦ ♦0 105 22% 19% 0 0 20 ;NT ; 0 0 e 0 0 0 30 sr 1 •1 • EOREMGNFO POTENTIAL . .. TDITEMA/N'FOR PoTENTM[ E FUTURE PEDESTRAN F'RON]SED ACOUSTICAL E€ ACCESS WA(L YVON HEIGHT IU BE DETERMINED BY / RCTCI GPLI EASEMENT .uaousncu excmu=E�r ��" EASEMENT I H' OWARD AVENUE 20 s. Ae 16 23 23 206 100% RSIDE MARKETPLACE RIVERSIDE, CALIFORNIA BRE PROPERTIES 1CTMTOATA 0 a 16A#K)NL'-50M MARY C-;10,a .;. 0^,-.,0,0 _. .. o, _wTT?ES 66 no OTT. . C. I ECRU wrs �11= a. 2 BORKWHS _ 02_ 3 BUM 1MS_ 3 INME TOTAL UNRS - T _ � �®© t ...., :Z, MEa .ne TOTAL TICK.63E6 LWWIGEINCLOHGPI 23% 53 TOTAL C OVERED TANDEM PARING 25% 50 TOTAL OPEN TANDEM PARK NG n% 9 TpML OPENSTALL(NCLO HOP) 25% SA R f<< TOTAL CARPORT NOLO HCP ®W. HOWARD AVENUE �FY e ♦ 0 0 40 6 2 EMERGENCY EGRESS FOR RESIDENT d RCTC ACCESS ONLY IU 12 ;NET LEASASLE SOLIARC FOOTAGE ° 1 _- PHASE III .1.6 ACRES RESIDENTACCESS ENTRANCE: ONLY RESIDENT ONLY jI ........ _..._ •__._ _. Tool c!!•6Bilmllaa 4.066166=I0.4 n.-✓i 'ARK)NG SIA1d7ARY tif45C;0•TO., Fr OTOPP.0 Oran FECIPFCGPAnR NAserl. rornr.'N:bmuca . 6E11P_ NG. .. OTAI TUG LACER GARAGE SECONOARY ENTRANCE RE&TTEMTi4CAC et.4. [WTTTTA TURNAROUND) T21 )10 130 I O00 ILP POInL """ 2 STORY LEVELS 06.122 APN21, 2068 SITE PLAN - ARCHITECTS ORAL GE& IUMDRMORANG£STRE£T. nPA•1,.c,GAL6ORAln WOK R3./T.A1000 COMP Am30actONNO .wrOra � r♦w...m ov