HomeMy Public PortalAboutMinutes - 1992/09/15 - Regular1
TEMPLE CITY REDEVELOPMENT AGENCY
MINUTES
SEPTEMBER 15, 1992
INITIATION:
1. CALL TO ORDER
Pursuant to the Agenda posted September 11, 1992, Chairman McGowan called the meeting of
the Temple City Redevelopment Agency to order at 9:25 p.m. on Tuesday, September 15, 1992.
2. ROLL CALL:
PRESENT:
ALSO PRESENT:
Members Breazeal, Budds, Wilson, Manning and McGowan
Executive Director Ovrom, General Counsel Martin and Assistant
Executive Director Dawson
3. TIME FOR THOSE IN THE AUDIENCE WHO WISH TO SPEAK: NONE
4. CONSENT CALENDAR
Mr. Breazeal moved to approve the Consent Calendar as presented, seconded by Vice Chairman
Manning and unanimously carried with Mr. Budds abstaining on Item A.
A. APPROVAL OF MINUTES - Regular Meeting of September 1, 1992
Approved the minutes from the regular meeting of September 1, 1992 as submitted.
B. APPROVAL OF AN AMENDMENT TO THE RESTRICTIVE COVENANT AND THE
FOURTH AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT
(DDA) WITH CHAMPION/LBS DEVELOPMENT COMPANY REGARDING
RESTRICTED USES FOR TEMPLE CITY SQUARE -
Adopted Resolution No. CRA 92 -490, A RESOLUTION OF THE TEMPLE CITY
COMMUNITY REDEVELOPMENT AGENCY APPROVING THAT CERTAIN FIRST
AMENDMENT TO RESTRICTIVE COVENANT AND FOURTH AMENDMENT TO
DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN CHAMPION/LBS
ASSOCIATES DEVELOPMENT COMPANY AND THE AGENCY.
C. RESOLUTION NO. CRA 92 -489: APPROVAL OF PAYMENT OF BILLS -
Adopted Resolution No. CRA 92 -489 approving claims and demands in the amount of
$1,000.00.
Mr. Breazeal moved to reconsider Item 4.B., seconded by Vice Chairman Manning and
unanimously carried.
Elizabeth Hawkesworth, Vice President, Champion Development, stated the restriction
for the video store has been modified and when the adjustment was drafted a minimum
size for an executive lease was agreed upon. The tenant originally wanted the full pad,
however, that was not possible because of previously executed leases. The average store
size for this tenant is 7,200 square feet and Champion does not want to limit the tenant
should surrounding space become available and Super Duper Video wishes to expand. She
requested increasing the maximum square footage of the building area from 4,600 square
feet to 7,700 square feet to allow for expansion.
Agency Minutes, September_15, 1992 _. Page 2
Economic Development Director Sims clarified that the Agency previously approved an
amendment to the grant .deed. allowing Super Duper Video to be located within the
Temple City Square project. The amendment had a minimum size requirement of 3,500
square feet, however, a maximum size was not considered. As the attorneys were in the
process of drafting the appropriate documents, they felt it necessary to amend the
Disposition and Development Agreement. It became apparent that a maximum size
requirement would be appropriate for this particular store. Staff recommends a maximum
of 4,600 square feet with a minimum of 3,500 square feet because of parking and traffic.
In response to Mr. Breazeal's question as to whether the City requires anything above the
usual one parking space per 250 square feet for a video outlet, Assistant Executive
Director Dawson stated that for any shopping center with over 75,000 square feet, the
standard is one parking space per 250 square feet. Certain uses could generate parking
and traffic problems at a particular location.-. The 4,600 square foot maximum does allow
for the space to be leased to Super Duper Video and if they need to expand, it could be
brought back to the Agency for an amendment. -
Mr. Breazeal noted that the 7,700 square foot building occupies seven percent of the total
gross floor area, may require thirty -one parking spaces and accounts for eight percent of
the project area. He commented that customers visiting the store require parking for
short periods of time and he favors approval of the 7,700 square feet maximum.
The Agency concurred.
Mr. Breazeal moved to adopt Resolution No. CRA 92 -490, as amended, A RESOLUTION
OF THE TEMPLE CITY COMMUNITY REDEVELOPMENT AGENCY APPROVING
THAT CERTAIN FIRST AMENDMENT TO RESTRICTIVE COVENANT AND FOURTH
AMENDMENT TO DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN
CHAMPION/LBS ASSOCIATES DEVELOPMENT COMPANY AND THE AGENCY,
seconded by Mr. Budds and unanimously carried.
5. UNFINISHED BUSINESS:
A. FISCAL YEAR 1992 -93 BUDGET REDUCTION -
The Agency and City Council met jointly under the Council agenda to discuss this item.
Executive Director Ovrom stated the Agency staff report is incomplete as staff does not
have definitive information regarding the impact on the Agency. It appears that the
Agency will have to pay to the State sixteen to eighteen percent of the 1991 tax
increment allocation. Depending on the final numbers in the formula, this could amount
to $60,000 to $70,000. The County will administer this program and will inform the
Agency by October 1st as to what the reduction will be. This is a one -time reduction. The
Agency will have to pay this amount no later than May, 1993, and may be able to use
Agency reserves or up to fifty percent of the twenty percent set aside monies. Staff will
be meeting with Special Counsel Parrington to review the Agency's options and will then
return with a recommendation for the most advantageous way to make this payment.
Mr. Breazeal indicated the Agency does not have a reserve fund as it is in debt to the
City. He indicated that $100,000 would have to be cut from the budget to cover the
reductions to the City and Agency. He favors cutting expenditures and not raising fees.
He felt . Council and Agency should hold off on making decisions regarding budget
reductions for both City and Agency until information regarding the Agency budget is
known.
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Agency Minutes, September 15, 1992
Page 3
Mr. Breazeal moved to continue discussion of Fiscal Year 1992 -93 Budget reductions to
the next regular meeting to be held on October 6, 1992, seconded by Vice Chairman
Manning and unanimously carried.
6. NEW BUSINESS:
A. WAIVER OF CERTAIN DESIGN FOR DEVELOPMENT REQUIREMENTS: "THE HAT"
RESTAURANT, 5505 ROSEMEAD BOULEVARD -
Economic Development Director Sims stated currently there is a prohibition of fast food
and drive through restaurants in Block B in the Rosemead Blvd Redevelopment Project
Area. The proposed development is a 2,850 square foot "The Hat" restaurant. The Hat
was founded in 1951 and continues to operate its original restaurant in the City of
Alhambra and has four other locations. The Hat has reached an agreement with the
property owner to purchase the property contingent upon the City's approval of this
waiver as well as a conditional use permit. In 1990, the Agency adopted a Design for
Development for the former Shell service station site in an attempt to locate a retailer,
financial institution, or sit -down family type restaurant for that site. - A great deal of time
and effort has been spent with the . property owners and their -real estate brokers to
secure such a use. Parking at Builders Emporium is not available -to serve this site and
therefore precludes development for a sit -down restaurant. The Hat would have on site
parking for thirty to thirty -two vehicles and is a high quality operation with a menu that
is diverse but specialized. It is hoped that The Hat would generate as much as $2 million
in taxable sales upon opening and would generate approximately $20,000 in.annual sales
tax revenue.
Mr. Breazeal indicated he is concerned about the amount of traffic The Hat would
generate. He commented that he asked the Traffic Engineer how many,cars this project
would generate and was told approximately ninety cars per hour in peak time. He felt
this to be an abnormal amount in what is an already high risk intersection. He is also
concerned that if approval is given to The Hat and the project does not come to fruition,
would the Agency have to allow another fast food restaurant at that site. He suggested
processing a conditional use permit with a waiver as one of the conditions.
General Counsel Martin stated the Agency has only this request at the moment and may
make an exception, however, whether the Agency can withstand a second exception is yet
to be seen.
Economic Development Director Sims indicated that any use on that corner would
generate a certain amount of traffic. A retail use would probably produce the least
amount of traffic, however, a retail development is not feasible as the site is not large
enough. Another alternative is a financial institution and the owners have pursued several
major banks, however, banks also generate a fair amount of traffic and do not generate
any sales tax revenue.
Assistant Executive Director Dawson noted that as it is a restaurant use, a conditional use
permit is required and traffic and the ability to accommodate the traffic along with safety
considerations will be considered as part of the conditional use permit.
Mr. Budds commented that The Hat has a good reputation and felt the Agency should
proceed with approvaL
Vice Chairman Manning moved to adopt Resolution No. CRA 92 -491, A RESOLUTION
OF THE TEMPLE CITY COMMUNITY REDEVELOPMENT AGENCY APPROVING A
WAIVER OF CERTAIN DESIGN FOR DEVELOPMENT REQUIREMENTS FOR THE
Agency Minutes, September 15, 1992 Page 4
NORTHWEST CORNER OF ROSEMEAD BOULEVARD AND BROADWAY, subject to
the review of the required conditional use permit by the Plrnning Commission, seconded
by Mrs. Wilson and carried on a roll call vote as follows:
ROLL CALL:
AYES: Member - Budds, Wilson, Manning, McGowan
NOES: Member - Breazeal
ABSENT: Member -None
7. COMMUNICATIONS: NONE
8. MATTERS FROM AGENCY MEMBERS: NONE
9. ADJOURNMENT:
At 9:52 p.m., it was moved, seconded and unanimously carried to adjourn. The next regular
meeting of the Temple City Redevelopment Agency will be held on Tuesday, October 6, 1992.
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