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Coastline Investment Group - 1990-01-22
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L.'. .-. t!� •�� ;r,e.�.r ».rorr rntp em"tr.tAlo%%AA*/Ws:Y17.W-;;:Y.lv,&G<S''S,.;X; .^l i—,,11S►s,' ..... ,.'_ t1 -,:. .JJ i „y11 t } t w r. !if A { n ti I�`,i ;y If `'l:,,S; FI ! r .j",I ° !7 tf ' /.; y t)T- rt .. rs Kt a 4 t'1. +� t11 :t rl t' ' t14�+ rl,�,in t ,J37f�11;12, G+ 'S�' 1,�, �i „C,+ tt1 t,, /', ,� t t �.' r S fIf, ; 11 { i 'fjt1 ,t'rJ�{ry C# t't JL I J j• t k /fi{ '�IP��x) j� w , �`` p �a�''Y C7� �lJlRIT°�II��TC]fe1 �E�►� " I JI r {J ,"Ti. t ,S yv• A ♦ �t (r � 11 f) r f �l tijl, i••' t ` ��''` %r , t : , `i 1 2000 MAIN STRF-FT CALIFORN,A °2648 -( ;�ily �t . �y a twt 1, I I fit?( 4 f r r;IS',1 ; ,.�r ' 1 OFFICE OF THE CITY CLERK �`•7', .I.i ( ; , s. r J r tj 1 1'�} , I y%Fff ' , {tl , .1�r ) ,tp`` r-( ••el '' t\t`( r ,t ��i")i 1 '�4 'i/ 4 { l,•, i r�l k �l fj ``� (1i; 1 fti4l.i`br :„'� T i t 4`;,r li W11" �y �1a7 w. Jt ' 1, ij i1 .A t�, r i�\� L•1 I#. , tii ,. { I . ! September7, 1990 �;, ter'1 ,{f �� °` f, ? s•r' „ Y , I f T J�, 1 �if I;i !\`i ,z ,Li t t �Zr 71 1 { FF ' r ' Coastline Investment Group ! MIt: `, ,'•i I a, f t '14 C {{n �??� 1 7. • r,A't , Jr tr 315 -- 3rd Street, #B ��'li Y,?, I'A S'' '�7 Z.-, ,.r• i f�.j`iYi�•.'A- i I11 Huntington 1leaclt, CA 92G48 f;�., ���'h�v I -:,� ��: i� r� , _ tt fy Ytt. t� ,i Attn: Andrew Stupin arc �trt ./\I " i♦' r , r? t J < 'k `arlif ",y! 2y r ► , ff r1 ' r ,jt ,I4. Dear Mr. Stapin: ���� .r ,ts ��([,,�,�,, x �1i, 1\if ,a4'S+ri 1ti� ,.. ti�[� r, 4'j fj,!'�,�� 4 e t r•,L >ct r -f i/ ,.. The Cit Coun6l of the Cit of Huntin ton Beach at the re ular meedn '�' = AVV,,e . s•I..• r js iL �...., I} Y Y g g �' j �,, Itrw,�'.1'V r ' 3 !jS � S`''J „ �; f held Tuesday,• Segtelnber �; 1990 approved Supplemental Agreement No. ; ,'it.' ' `t r&= "� • � ;.; =tt ,a r1 .i' 1 to Negotiating Agreemacit between Coastlire Investment extending the 1 r L ,L''�!II•�; negotiating period an ar'di►tonal ninety clays. " '1.1` t� � ; , " `�' � Li� P i. s 1 �. 3r .f; , ;+ 'f. r,.1, } h}` i}./�J1 fJ_ i 'f^ •� f" Enclosed is an executed cou of the a reernent for /our records. V r��,t„{- " 11� •' 1�.1��5 C,% Giir fs,�4,x�{ .y g J Jtl rC}+��,I ,�! r�� £ �. ! )J"+ "+2i;j ' Ij r' ` 'I ;= Sincerely, tr�R`� '�� 1�r ,r' r,.f\: 4 r ( tie r �jf ,. .,{ qr` '. is , ', ,. 1 -At, � ' s ,it z,? ''' r r; i 't I yyIIti�' ;�tt,i. �r 1j C',t�{(_,i 1 .4 ,:, , ,1 '+� y '''„ '�' Y1J 7',•t -F'(�r) {1 ti�:,t�31 SS• . I .) {..1 1. I; ' I ,'.. �`�..I.�� ,- IJ tf•'.,,',. y i ', .Y t, J.,f ]try! : :. ; .-1J , r y��.r, tJ 11 , M,I:-, , , ,V�♦ t• , -t 1 a; ��{�: 1. � iI Connie Brockway, CMC r ',i� �,�':{ �� , I. ,!;,. .I: ' ;r!;i l �t `� City Clerk , rilYl t� -( F`�'ir �J- ' • } r�''' aril!f i/ /i [ , �#tj ,, Ri CB:me �Lf"� �t,t �'}i�f} 'f;'�'1 ' i,j [)£ 1 , S4jJl, I� I Ntj{'", ?.•It �t,1 ,� !l'1 ��T. t; r y�}r2, J ` ! §, t,`jit- y < IJ ,. ti s) C 1 v'J t NQ t. �'' `:7'zi r Enclosure 's 12'��J;}t rxk{ fI ! t.�lSi ,t`_'iF t 1,),'t,t kl �ry� t r ', �T t ;-t' � i,�,t'�f�r , TY .1 \t tr. &-1 r1.'-L l `��`<it t �ri~lt� �,, 4r iY r ..y tk Er"' , , t rfY t,� ,' n',; tr tikt` f�l-f.�t ••r r.,ie'i�thy.v. ,,. t' �s L�',Cy 1, j�� ; 11 j4�1t` ' i7 r' �+i �{ 1` jIG tr llT,I % {L'. �..s/k r Iir7u)- . 1. �•�r')".'s. ,'-�G7 ') �:�.:t, It! .•t '0 qt'.6'; i�t ' %;fir 'I. l 1,, '�.r •, f.• t• �,.I.'�+ , .T�i"ftr ' �Jr+ ,.r'+1" ,'.t':. c 7xtt / ,sl,a'r,?7k3 3+'►rarMr' ',r r { � ` I �- t ,�I��'e, �` J, . -r,`t,, T ^t« r �),'If I'',1 to r• ,, ,sf ,, rJ t. {�i�,♦y t GrF I ,, �� $} IJj lo,, ; .u�e.,,W.,11 ii{ill ir,t i?tt J{ i d q 0 I r, }ly te.l �;� tf+t{ It• 1 t.i�� fl/S l�j5.ke r i 1 "r'i;e h3-� li•z t*�'{'i,},�... 1r,Y# r.� 'j�IJJ!" r��, l' i`/,, `rC.,{ rrry�•'t1iil t4, t , i rlt, .,3 I .i! !1,1�`c� t 1+` 'P'{ rr `F Y� rS � , J , ,t1' ,. 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' .t 'i - .. 11.111` i.•�?_ �' .,:., t ,,. � ... .... r;.t .tr-, 7, ., fl � ,�'r r/�> •rile,• - • - ti �,,f f,1 rt , 'i� :1''•_�'.1.I1-:..f �',:.',. ._...,. .. .....i.; :..tl � r 7 .. - ,. , ... .•,., ,+ 1 i.�,' •r.: ,j ;. ��' ' •fit IS' t .li •_' ro re, � ft ►r 7t t REQUEST FOR REDEVELOPMENT AGENCY ACTION kit APPYOYL'D BY G1TY CO UNC. � RH 90-'31 ♦ -R »%!rf'l 'l— ` t?�'� tI:ijlf1•tL 1; 4. WeSeptember 4. 1990 L •ry CLVlt1{ it t I>`onorable C3]ail7Ikln and RgdeveloptllP�t Pgency men,b=. f Submitted to: 't ` 1 j " •', Uberuaga, 0cecUtivca Submitted by: N.idzael T. Ilarbara 1:. '.;aiser, Deputy City Adminictrat.ur/Exmornie Davrlgp P.aparod by. F ICN oe NEWr TCH AGWO IT W1M1 CX &=THE IN%WT1 rSENI C, Jim- M S ' + ..• Subject: P9Wf-PIER RFM, ELDOMW PM37BUF ATM 4 7f.t Consistent with Council Policy? ( j yes ( j Now Policy or Exception Statement of Issue, Recommendation, Analysis, Funding Source, alternative Ac2ic7s, Att'ahments: L• 'r. •)'� � 7� OF' 3.`�('E: '.yy�R r,t; r f ,' ltt�', r . � �•i!t»r.�' r5, 'fit• '1'�/+��t:: On February 20, 19900 a Negotiation Agrlaattr_nt (NA) was executed between the �`• ., " -, and Ooastline .Investment GnAV for the daveloruient of a �5<I3' 'I -is wiz ll//istail/o fioc project within the Main-Pier Redevelopment Project 7 Area* nJs agreement expired on August 19, 1990, and an extension has been requested by Coastline. 1 � ' ► t :tiit t ry J t l tom' r1 ��4r + r, �,. , �!� {,(fit .! t vr*�r •?1 Approve rnd authorize the Agerky Chairman and Agency Clerk ro �secute thatt'r1�1' ♦�. Suppiu m ttai. Agreement (Attactunent 1) to that Negotiation Agreement between the `t gedovelapment Age�ry' arxi 0oastline Investrent Group to extend the na9ottatirlg t. period for an additic�l ninety (90) daya. f t' .lv �/r S 'p�l�• �1 /l� •x r ,t:. r '{�,i�' On Seer IS, 1989, the Redevelapwnt Agerxy directed staff to ad•�ertise •.Y. +;�; forbid pLmposals for a parcel' owned by the Agency at 214 Fifth Street (former {,{ter #»�'� ;� ' '`' '- ••� [��'}''� Buick Auto ) .. • C.ck13t1iI1@ ...nvestcront Group was the only entity l ) that submitted a proposal to the Agency. Oa tline owns tvm lots I rmediat:ely aCl j aoeni.'t0 the sub j ecti parcel.. > Chi Jamaly a. 1990, the Agency authorized staff to prepare an Bc.1us3,ve �• �� ''�f�': �';� I Negotiation Agr�ent between Cba.�'i1•ine and the Agency. On February 20, 1990, y,� f r • � ' r the ivjwicy approved a Negotiation Agreement between Coastline and the Agency \` for a period of time not to exwed 180 days, which was subsequently executed (refer to Attachmants 2, 3, & 4) k• ;' �Y, ,tl tr, a Sinae that tine, staff has 'attenpted to negotiate the t•�emrs•cif a Disposition `: q it "p 7�t t and Mrrolgxent Agr r"nt:�with Coastline, but has yet to establish the basic 1 t �• terns on which to draft the agreement (refer to At:tacdmnt 5) Cn tlttly 25, 1990, staff received a request from Coastline's attorney to extend t Negotiation Agreetx�nt: for an additional ninety (90) days (zefer to AttaChmEnt 6) . In an effort to establish such terms aril test the eaonamic E ti s'�.•rt ` fol, the proposed project, an additional tine period of ninety 1.90) days is ) 1 r ' hB ".t requested. • + � t.�7 ir�rf r �. t �� 7r• 7 �0. tr ' t7 1,1y;}' ,irj'st �.M ,• [�f, '{ .�' rrijt t '>itj/ ''��' + �i; l��'ytt !°r P1U/1,786 a ,,L t 17���17 r •1 ,S ++ .'s•' , • • .-•,.... ur•......e..7,r�1 ••r•' "rt „�Y,•j� ;lr,`_f .�YI�.....�-•7. t f:, 'rf�<t1 <� l�•r' t�} - •!►�j tr y h�ii Itr1' �u it��`• ►"" .t, cK.i•!i• .rs�r t•..'r.r lvf :, , y :.., a:Y:• : 4rw li, r•ur4rt?:l• .. •, ,, a .. ., .. r •..,' l ,•,.: ... -; r „ r �1s •,.,+"+ cry ti >', r I (• r.. : l 4 > r. -. •r,._._..,,,,,,^{yr c.'.i .J •.:: ri 1 .'Y....,,1, 7r '•J a:' r (, `;r! , :..:' 1.,tt;,,- i� ._. ..... . ..i • - ,.-': .' ..:'. i^� •.:- t _ '.1 "`,'� '1 1;, � �e •',, 1, `-.1,.tt' ,. , _, ,.� _.,:. .1`7 :.'.' ..t... .: !' ' 'Lr' •^.. t.1` r ..., `�' l� r �', , c.�• ,rl( Y. :� �a� 5,' !l'-. {)•-;• �, r, t .1.. 11 .. 1.:., ,;•: ;.''' +'._ ,' ` •r1. 1•, , _ ,_r .Y`�) 1 f i. I 1,' ,, � Y { :�[, J1, �{ { _ ..F,•, ,..` .. i �) .{• �! ��, ,y Vic' , •-c,, '.Jr.�:, i• � , 'l• t ,- { i ,...- j, ( •.fJ ... 1• '-rf).>_C..' , , : r=. ,,. � .'., "`� 'F '_3.. 'rr �r•' w. tl;�' jl;,. a •,. 1 $Xfir•• "-. •,...Y„\ • •;... ! '•..- "' (. , :":: •,. r' r•,i :•y. y '1",' .�, ( ':L ii , .. :, »'•.t!' •,P �' t. i _r •r •U' t. lr `+1' .a.: f:i ,•.;. , .. ":( ' .., .,� :- ;-: ,, .•, J,4 rw i''.,,,r-•., 1. .t(: ,.,. ,� ,• .` a'-. ,•,r .1 R, ,� j.._.�i,r,� ..�.. .r• , .L,. ., ,L. r .,r.K_ '.`t., �� �'•i , \ -t �,. •,; .r, r r- '<t., '`. dT. :cal+'• y wr.,� �/.. ( 1 •t•• , ♦ r',..,, '. i ,` ,, r � tie lnM: .y_ ,.. .tic. f w -:,' r,, 'i. sr t `.�'t' ) , :r3 t•�. : r I Y , If ; t le A r A, ..., .'. ., ...,: .. r:. :..:•.rr t: 4:.}.9 .......`,..., r:... -r... ... �L :... :.: '-.t t :i;. 1.- x. :� �� 1 ,,!"Y..., 1 t,-F ! � 1 r Y1h ••i �}�� :i�, t+i � �2 , :, r x�t� . + �L. I ! ;rn � , „.. .r� r.� `t. e -• l t �� �[ .t.iu.•�'...�•�>~,.•yw., rs..,rrau:,/�:�.,i/•�,.3rYf ..„:aa..�... ..'..ar'.. ._. ,.rt ...'._,... r.�:..,. "i._i: .I....:li....�L.:�. ..a�:L.&... r r,, �1 Any Wmmes involved witli negatiations qualifies as a TOdav adnd Astrative �� + r. ��1r�n�Y�1enf�� . MATM { �� � r! ��� !�i 4 •�1 All". i 1 Do not approve the attached Supplemental Agrmwnt, and re' -advertise for hid proposals for this property. al i tr rS �} Retain aanc%hip of thi.a for possible use as a' i �" property ccmer(s) to be displaced by other projects wi J` Project Ai ea. 1) Supplemental Agreerent 11 r 4 2) Staff report dated Janua7,y K, 1990 E r;� •` t'? 3) Staff report dated February 20, 1990 t a , q) Negotiation Agreement 5) Oorrespcxidex dated March 29, 1990 and June 19, 1990 ' r r ! „ 6) Lett• dented fly 25, 1990, requesting extension t lr 1a ..i l et 44 i Y t F 1 I `L aaa2 S fJr to ( + r !A its �xi: •. ,art i+�rr Ott tl��'��,rh�t -r + •`it '�, rw direc.'t and thin 1;. y T. Jj r, !i1!� 1 _ r I11 1 �,, '� •';` �. it 1{'at. `4i' n �1' , IY i 1,t ti ��� -a ti :YG r•' .. d w� c . +rL t+o r •. .wra 1 ,J' • j t• f .I truer p�•. .2 ' ;`, ,, ,.. elcpwr,t Merray staff to ,' �' •t1h`" /'" exchange with the Main -Pier ,I r eell ll , Ij J+ 7 r ,1. •• q,t�firi.'/A�! 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I 1,'! !,' � ,- ,-0(, jl. ,� Ir •` • rl: lr f :�1, t IF] .7i it Q tr )4; J .4i t p SUPIPLEMUNTAL AGREEMENT NO. 1 TO NEGOTIATING ACRLIMCNT BETWEEN COASTLINE INVESTMENT GROUP AND THE REDEVELOPMENT AGENCY OF THE CITY OF A", KLWINGTON BEACH TO KXTEND THE NEGOTIAT..NG PERIOD V This Supplemental Agreement 11o. 1 is made and entered into this 4th day of qeptember 1990, by and between the REDEVELOPMENT AGENCY Or THE CITY OF HUNTINGTON BEACH, a public body ( "AGENCY")$ and COASTLINE INVESTMENT GROUPp a sole 41 proprietorship ("COASTLINEN). Ir WHEREAS, AGENCY and COASTLINE have haretofare entered into that certain agreement entitled, "Negotiation Agreement Between Coastline and the Redevelopment Agency of the City of Huntington J�. Beach for Development Within the Main -Pier Redevelopment Project Area", dated February 20, 1990# herein referred to an it"Agreement"; and AGENCY and COASTLINE wish to amend the Agreement to extend the negotiating period established therein; _fiIL 2. 1 NOW, THEREFORE, the parties hereto do hereby agree as follows: Wl- 1. EXTER51ONLOF V99QTIATIUG PERIOD Ilie parties agree that the Negotiating Perod, as referred to in Section I of the Agreement, is hereby extended ninety (90) calendar days.. 2. RE8FFJFN6T= 4 Except as sp6cifically provided herein, all other terms V 7,1 and conditions of the Agreement shall remain in full force and effect. — I - t; MT•�`IVA RL 1W TAf?Q.46- jz 7: , . I Iii-" FIRM, 'I" ki 171� , - : FIt tip.. 1"o. 15 K� Wvi, i4P Nil .4� 4� gff" Iv 4 r 1. J 41 411 vo, 'It • , If fill , It r Ii, "011 M5 vo 411 tv ;A -A" 1 I I 'A. V N' h TI The parties hereto hava executed this agreement on the date3-It and year first above writteil. AV ID qv. COASTLIN NVESTM N UP, REDEVELOPMENT AGENCY OF THE s►'�s 1� f { + t r CITY OF HUNTINGTON BEACH a So t 'Tod a public body /pro Not, \-N `%A Fh 'ai r 6 a, i By: Its. President APPROVED AS TO FORM: P, It AgencyClerk 16/ A erlC ALt r _9 ney A X INITIF.-TEDo REVIIWED AND APPROVED: 7 A 'tN Executive DlreZ:to L,7r Director of Economic Development is r 40 7, 0 41 - 120 I — 2. — im#", w"AftWA, PA ( _ e 6 r % 0" to. 4k to j .44l;4 1i V, td i Jr: Millt. ..Jr tI L 4 yi_• g- IN 4, , iA. ce. 'A to ................,, S� 7f } IS 1 ` ti .., ilr: _ {/ ,r. f + t> t '��' +1 '.' 1 , . ,�l' . ,, \ - , is4 j t it:,f , ,l , r•. If, :- 1I '1 f "f .S . J i' , r , . •7', ,, {., ',, t51 t, r y r I'�1 r. �' I „ ..� i 1 ,.: �� ,t I, , .. Y,. Ij.: ;� Jf 4 • i}., , t i I t , * 1- t i,[ �. l %111 �I. a 1I i,f , r�. ! r ,;;'' j It , �r I. , 1` Yk , 11 - , - 4 , ' ,S tl ., t • •t ft' y rr. ,, I t ! )'` its t I, '�, )t ` y j� ,`I;, • r -!i 1 ,t �7'.', r, I- J,' Ii7, _ •. ,,. -� C :.,C-z 1.'` n-rzrfti].W tt•+.r .�.- J •....+.�.-..�..�. _...-...`.-.. .... ._.,.":...,.� ••--•-_-. .,..Y.Ny,,, N r ..--T� Ial.:-7 .. , . .. •. IM.ti t'� -,.., { /{I�j .lrw�G..JCJ_ , �' 1 of t - fl i Ni 7 ` , ;.1:�. i ,• •REWEST FOR REDEVF� .OPMENT yc ACTION S, ,,ii ,.r �� � ;, h ! RECEIV / a�, , t— _ { r ,, 4 ^i.)`�,r , y CITY CLERK ....� GG f. ' ! 'ATTACI 2EuAr riz tIYY ar P1I d9-08 + y , !1. 7, ''`° ISf "' 'J HUNTINCTbiI nz�L'Nt C4LIF } [�I 4'.i1A I i �i i JQl� 3 I is PIi '90 Date ^t7anuary a, 1990 - . t) �` ; E r n , a t Y t u -- ? 1�', Y �` f _,, ' - '1 tj�. ' ,� I'1'lt+aViA) NY C1' µ�—QNGi.. i , 1l r ~ ti f` ,J :` Honorable C airman and Redevelopment Agency M[�rbers � _ 19-�, r " t A( .., t,' ' ' t ` �) Submitted to: r ' 1; t I j' • • I . I Paul E. Cook, Ex�utive Director. } �c, %,r- ' tIf#t� .� Submitted by: C : Y CIL R1i � ! - �' '. , ! , ' , 1 Charles P. Spencer, Dixec:tor of HotLsing & Rcde-delopatt°n 1, ' t, , . '!� -: ,y� `, t,, LACIMM NDC MITA'i*i0N AGRUM IT FLWMW UtIE PMIDF+RW AGcY1l�'Y A2iD �', y I{r -1_1 .f ''i J�t? + Subject: CCYLSI7 INVL'S1MFNi' GR�TP r f t". i r . r� 11 f'r Consistent with Council Policy? `6 Yes ( I New Policy or Exception spa "'% a 1 1 ' P , t ", •, , .4 j r�r'`. £tetament of Issue, itecorhmendation, Analysis, t=undine Source, Alternative Actions, AttachmentsL �% tit : ,$_; t.I; `I -i i '! 11 e ! J F iLr 17;,!.� I ;�i,;., _� �ta�t ,t'r f 'l, i _� tk ' Ir ep� 7 ,j I i ',`, tl ,,s t r, _ r, A. ,t ��, ur xssc�:: ' 4 ..k. a , -1 4 n On Sept:enber 18, 1989, tht ,RedevelopInent Agency directed staff tj achrertisQ q'',i)�,,u:` jJ>~zktf1..'i.t` 1. 1 !., , ! ;.. r4 ) 'Zr a t ,<tll: •l ,� lf;l`i1{;e'.. , iY for bid proposals for a pari'�el owned by the Agency within the sc'corxl block of i 5th Street kna'm as Ilmo Der nnstration Block. ° The Agency received only one �; T r .� '`s�k��j A. � YI j � `� ,f 1, { f i- ':aKY� a bid proposal. She bidder, 4 Coastline Investment Group of Newport Beach t~fio I "..." , ;r 4 s S-`-' t t , „ ; s� ,= is owner of property ImTPA',at ety adjacent to the subject parcel. �,>� ;;:• t4�-' 't� r IIii, V. AS r{ Y lr •; t r ', r 5;A ,;A ; ' tt I 0. I ,TV F �� Staff is seeking the Agency's authoriz�itlon t0 preparca cln E�:c�uaiv� f r Y#a lii'-aly1T t_ ra a a Nerrotiation Agreerm-nt 1wetween Coastline Trnestmant Group and the R-development t1. ft. sr ` '' � +,1,, , ' • 1-1 �', `, _ Agency.. Ultimately, Disposition and Development Agr�nent will be prepared %#! 'ic',rr ,t trr , , ',..'� t ` '" for Agency approval covering the conditions of the sale and development of the , J = �' { 1.1tt,'}y z{' i r,�•.1\.,; l � } ���: 1 , ,i � rj'i j . s f•atI +�s -l" 4 f y > %1PUILYSIS: + IFy,;r t ,rli, \ ; y,.' t �� t1, I jv� (y✓ yt, f�%!, ` Ifl rt..,. r'J , 4 ( } '� 1 r,,/ a -'' :. ; ,1 I t i, 1 .�,-• �'{ •i tin ry ,, a=, J;; The subjeat parcel located at 214 Fifth Street which was formerly occupied by ��' ,:17? ?'l.,J;, I1 ; �'�=��� `itn' If `: 1 t!' 71a12y Btlj.c}c Body Shop was aoqui rod by the Ageltcy as a gndition of the ' 1 � ; ;" -'_� ,,''w 1.t + ,- ',- ,'� I :1. Ag 7�eriy Buick dealershi ro located wi...tiin the „ ti� t 't_rtlr7 "a y i 4k? Z L r ency's purchase of the P P PAY `� f. ' `' 1.ty ! > :? /' rr t `I , � first block � of Fifth Street. subsequent to that acquisition, staff was ; `t� n���', � , A. -I -� ,t 't �'�` f �1 =`' auth—o_tLized to ciemolish the existing tntildir)cf because of extxpanely hazardous «�� ky `�j+'fi'=' i JI,t�Ldh rJ� i,t.,'" 4 .•'�rJ eeisniC Conditions. r%11 11 `+� t r {'_t;{� t }t r tr I: tt, ) ir'. 1,} ,S [ ,1 r �! �•F(��' tlf , t�fr''i�i'.. j ....... ,t4lrS „ fc. r )1 t ;.. t 1 {Y N�is•r),!' • `, t_ r ,1 '',' t , 'I Over. the past t�to (2) years, staff has worked diligently'wi'.h pivperty owners � ' _��� JL, t'ttl� ;,�fr . 1 tl t i t•�1 7 it I [ i}'1 S i y Y, {. ;, , . y]�h ', within the demonstration block located hetrween Main and' 5th Streets, Walnut +Y l�, >„ ',', . .1j 'I' t,1'. !14 `L.-,�` , f,,r `� °' and Olive Avenues, to carry cut Agency's authorization to F ormulate plans for `,•,,�lb,'.i ,-�f �. s a U NN��}r' t= ski, 1 r, a r t, the omplete rehabilitation or reconstructian of buildings. c��. i - 4" 11 �`., , e lY�. ' 11 , rrf? r I 'r •1.1 1. f, / gC �' il,� �✓? . `I , , �. .1 ; ,,, Q4;,%Since the subject parcel was vacant ar)d, clearly not in the best intexest of '*ttr'-Y,),, j - "" 1''; ' 4; •. r 'i lt, JIf" tSlt,}f :�a 11 .� i , t}�tJ.Ira':•i' ! �:, _ � ,(kt ,� the Agency to retain ownership, the Agency directed staff to offer the ,,� ,�, •,. a�� ,s�L;,; 4, 11. t';=j` -1 , , property to for sale with the provis.Lon that developlrer:t of acceptable �Xc �;,a., ,t4` ti �f •j; h't, „ Ct '� :` ,j tt +t,•, z'r,' • impravement:s take plate as condition of sale. l� .{t:;1 t ri ti,�t . �` i^ F 1,, t,t, y,t/ [ tt �.J f r '� Y� t. �r 1; ; s t 7 1 �;t r to f 3 l f J, yf •+hl! 1 f l rfi+"a z l rl i,,a,►" (�11i s. 1.to (l 1 ;r : t iris. j #_f` y "� 31, �i1 (l ti ,s .t�r�,.fr�, '�-�4t+,' ,. .� 3 rt'�t=-► ` rr r1.{1Y j { I,% l }, f �7t�.{ � �:. , of r' tl4t�- t(t,+ 1 T'.1'r �1 _ ,,.3�l X, r y '' wjpl ri. u•.'�'it.1•t� iS". t ',.,t ,f , '- 1•""�" y.'wy;�+,+o.�t7�7s+a•tATfSJCTR;StIS7'Alt{t1lS1C'm+r's��wa�>r:.714/.tiOG*PS.SCR`F4"RfA' it C!ir'R'. •,,L 7i,i\ittti �1� �� t -..1' >"' �.,.#. ,l,..y ,..,i.,;i: '•Z.,, : ' ,;!t, r,.,.•- 'r.. �,1. .1 ;� - :.1, -,. •,I , ,,-1. ,I2. . 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',: ., 'Y"f ,(;-,. 1 i. „j S•.-�'T,y Y '.r. if�� r ,r. M: Ije t.�•;,tr �✓)"� a.,.�k 7,..r 5.. '5. ,,'.,.' ., I ,k :y, t t" S. '�' 'f �b, ;151t.: .xr. tE••Li J tr r 1 ,:• .,. f.,.': : 1 •,1 •IL .:i S:" s.R t l: r) ., r� .�i 21 T' , .� f+ ,,•hN a. F,i) q, , - - t l t ,� ,X� `�,I.1 11 a ,y '�, „ ,, ,, ) 1. i)I ttr! •iIt -t I �4 +i!} q• • 17 IT, Y Tj 'r;r �. - -.., . ., .1`.� .- .. ti rf �! .. `, of rl r � >��S 4 rA It it IZ V.-t coastline InVestnt Grc*p recently acquired the propext1 imiediately ddjscent to the Agency's parcel at 218 & 220 Fifth Streato, and is currently draftinq an -hat property's remastruction. r Participation Agreement for *hat . . 41- previ",ly budgeted contractual services account. 4A A� T 'InT, gKIONE Do not enter into all Exclusive NNotiation Agrearent with adjacent property cKomer. Site 14ap. .4 it PEC/CPS: 1p 0033h 77:,- , PM---v I Vj 'JIM Tt je I Rl I C.!2 J: ItYl' AN I 1 0 ;7 t t kr� It j Z.1 R) • fr. .; ..+t,} , ....t�'ru+. 1 .,. •. • :tr/ r' 1: :1 ',C }jr\t,/ r if a It 7 it (� Y t (r' -..; ari .: I. •' ;!' ., r+ ,. t' , r r J•hf;t •`,. ,: i�sp., ,! , � } J..`., 1. Rif M ok ,Volk lie lim"i 2-V 31 3 20 TE m A*P. j7 17 (in 1 15 13 20 d Ca: 1.7 19 8 a20f 5 i K 2 s 0/-/Ve 3'' AS 26 (2 7) I' '(26 (2 4) M - 25 Op 3) 26? --ng 94 1510 Ite 18 3 too, 14 12 12 [%5 17 �115 /_1 —A� A (D5 9 �14 (0 5 ti 9 17 6 5 Q9 4 3 R ra / NO N VA, VANIVA. I W 4 40. 487 9 007 x WALIV67 AReH 1948 10V 7-14 TOM BE CM A f M. 3- .31 N 0 TE ASSESSOR'S BLOCK a A PARCEL NUMBERS Bot 15 7 17 Ir 7-7`777777-77-��,- 7,77� �ia ,V T S- f�tTT i. 7.� 7 1, G. Y1 Oil I, LZ 19 7 1 41 J% "7 AJ: 47, % -REQUEST FOR REDEVELOPMENT AGENCY ACTION, Mi 90-14 ATTACHMENT #3 Febluaxy 20, 1990 Date APPROVED 13Y CITY COUIN -8, e Submitted to: Honorable Chain= and ROdeve-'%Mcnt A90ncY Mten1b rr VY 1 6 Submitted by: Paul E. Cook Exeaitive Directorl m1p, RR dce CaTyTK- -XIC ad by: Spencer, Director of 11ousing & Redo-ialo Prepar kxCl NEGUITMT(V latUMM M71WM. I MIE 1TtmLvaDJJMJT Wla= AIM Sull"ect: 311WESUM GFEUP 'A Cif Consistem with Council Policy? yes I 1 fqaw Policy or Exception Statement of Issue, Recommendation, Analysis, Funding Source, Alternative Actions, Attachments: " ;< �-r or On January 8, 1990, the Redevelopment Mency authorized staff to fonnalize an Exclusive Negotiation Agrenz-ant, between the Agency and coCL-,tJL..e Jjwestn*.nt Group for a period of time not to exceed one tiundred and eighty (M) days. 7'� W;,, Approve the Negotiation Agreement between the Redeveloprent, Agency arxi co;Lstlino Investment Group not to exceed one hunr1red and eighty (180) day,;,, t and authorize the Agency's Vlupm," Bixeet4�r and clerk to execute. The Redevelopnent Agency's Parcel, which is the subject of this PropcL Fifth Stre,6t. "Orly cccuplied Aq..-eawnt, is, located at 214 F Which was 17Y Terry , Ali Body Shop was by the Agency as a condition of the Agency ts 6 .fiogaired mperty located 1 first bloc}: t bl of the Terry Buick: dealership r-i wit -in the f purchase of Fifth Street. Subsecpent to that acquisition, staff was authorized to dhamlish the existing Wilding because of extremely hazardous seismic corditions. ovpx the past'two (2) years, staff has worked diligently with properLy oi&rars within the demonstration block located between Fain and 5th Streets,, Walnut n and olive Avenues, to carry out Agency's authorization to formulate plans for the conplete rehabilitation or reconstruction of baildL-qs. vaa_ ek. best interest of Since the subject parcel was vacant and clearly noi. in the :1- 44, the Agency to retain, ownership, the Agency directed staff to offer the that development of acceptabl- property to for sale with the provision inprovements; take place as corvJit ion of sale. .. I 4 1 7 rl -N. - A 7, A, r 1_7 4�T 6". +1 .J 5, V NN tc x'. A 1 4. I ? C, J 7, or A I . til I�Y D 1 1 4; 0 low. 5 COastIJne Investirwit Group '�o the AgencY's parcel at 218 & 220 Fifth Street,y recently raPred the Pr%xxtY hmediatel. adjacent y draftm)g an aj1d 4.s anrent, Cx4ner Participation Agreement for that prtx�,ts n rPCO Straction. R E U Previously budgeLed contractual sarvilms acmunt. 6 7 . k Rescind action Of January 13, dn:J direct staff' development proposals to explore alternative A. 1) lbiclusivO Negotiation Agreen,.-nt 2) -icy authorization and site map of january 8, .199(j. A9C, PEC!/CPS:lp 0144h in- %Ill 1 14 it. J 4, 1 1; r T!" "'Go, Z .4 y., F ley. Y" h, .1i 1 Y JR. ei, Aiz on ry 11 VR 4 1: f it r `7 r J, r: t 4� V k 4 Wn A %4r ) I-j I' N 1, A 6.1y, AV 3 yAl "IJ x J A 'A V, VIl tt,� � - INSM, lit , -tj I -, , — I it i I - 1 , " . 5 1 t l A • V bit fj t ,Yr. MI.• j .,•It (-' ej ki h. -.4 r I f L L . yJ,�-:, jn- 7� ,,,n ,. •, ;,,�,,fr: lr; ;, 15 r t` � .. ,, •(' i,. `', �� ct ,l5 4;.% ! tii P, .2 V ?COP., 17� YX 2! I J ATrACIMITT # 4 31. 'GOTT.ATXON AGREVAENT BETWEEN COASTLINE IINESTMENT GROUP rt-T MT AGENCY OF THE CITY OF AND THE REDEVE.,OPME HUNTINGTCN "LEACH FOR DEVELOPMENT WITHIN THE MAIN -PIER REDEVELOPMENT PROJECT AREA kc This Negotiation Agreement ("Agreement") is made and entered 1990, by and between into this day of n a sole proprietorship ("Coastline"), COASTLINE INVESMENT GROUP, and the REDEVELOPMENT AGENCY of the CITY OF HUNTINGTON BEACH, a al t public body ("Agency") WHEREAS, in furtherance of the objuctive-c of the Community .F t A Redevelopment Law of the State of California (11.ealth-and 5ptety -lop an fgd& Section 33000, B_Q _q.): the AgencyAi-asires to redevelop ol owned parcel located within the Main -Pier Redevelopment Agency Project Area ("Project Arer") as shown on the map aLtached A ;j ;�+,�s ihereto as r 4 1� Exhibit "A" and incorporated herein by this reference, I CZ said parcel referred to herein as the "Proposed Developmeni: 01 d, Pit T Si�e;" and 4 .�T` �1 S-p The parties desire tn negotiate a Disposition and Developmant ro -0 4- 'A. redeveloping the Proposed Agreement ("DDA") for the purpose of redeve .1 1W.W Development Site; and 42-Lrt1 The parties recognize and acknon1edge that the purpose of 'A t I rtp:�' Z A.-7, this Agreement is to seek to negotiate the terms of a DDA which will include w:tho!it limitation, the economics of the A dispositti 6" development, and th e other terms of a DDA toward the on and redevelopment of the Proposed Development Site. St NOW, THEREFORE, the parties hereto do hereby agree as follows: 11 tu.." ,"c 1. The parties shall negotiate diligently and in good faith rs. for a 160 day period from th6"date this Agreement is executed by the Agency ("Negotiating Period") to establish and agree upon -4r1kqT:1 v 14! r., .04 �,' � 4W, .4k, 1W.J, A --its Ak� 0, PC , VI_ v. ""X 0• f lk 4� PM �0Y1r �,• ��t�♦i; �,. 7; •,a ..1 t1�;1,a (� '.xl�•G ,,:•,�• r f! .tr`'. J, w.Yl 4 $-A ),V 'jy 0t�' 4, V 7 aM- I 1 1 II . I fa i,kA !.E L.'r" S " / Ili , ,t , �- : IFS .S , ; t, , '..,. " ,� I" ', •." ,. G t,e 1:t II)-I,�,I.� ..II��I�.I t�I � `/ . ;-1— ,,-.1I --,, "-.'h, 'i..,, ,,A4,1,., . I.IIl,.I.,".. "1; ., ,.,1II .,M_"'""1-. _'41,I ".,, , ., ,. . ,1,I.�, .., , II, ,...,"I ,-�I ,I1I�-`.I , , i-Y-., . I. . I�1 - Il" !�..I-, -1- . � , -II1r. . ., � II1-. "-.1 � ., , I, " ',. 1I,--,_�;I ;[;"4�!,I ,� -- "1. 1, ,,r{, l ;,"ir1 ` '' trlJ �•.• `n i/;i '', t:, [ X. , - u J t' T fr; •' , 1 I t •,f . 11 e I. ' __ -,y - I 1 ... ;, -� ";t ',''.,..'jl,! .i 1';. rr _ 1 4 •i•. ''i 17., rt •r iy ti ��..,t+• rJ ^t,;• if ,yy }•, . f :1 `'r r r, :_fit 1 T f ,f ,!r c ;r �1" -, , i• 11 i'� . )j , rl t , ,. { i ,_F'. -,F S' t�' J {f• i , 11 t 1. J t, fl r tt M rtj, ¢I ! tIt ,, ^'t ,!% 1 ,n}t' , , d' 1l f. { ��,, Ct ti { Je„` . ,(!'} I J;,cit J,; , , . .. sI'It . i,i AI .' ,•' ' „1,:t)..,FI +�. _ :r ''I - 'l. . t rj'' 'rr •y , i.• \'r , ,<. v i -L ,si '•1,. I' - , L 'I 1, �1 ,11' 1. I,t , !- .{t'•i r - , . i' ., I. : i; ',91 . .., , .I,II _.. i,,•, '.I•,S. ,f, ,'t .GI IL "'Y -t, iT. l j•' ly q '�. }t { r e,,:. ,• , � y i..,,2., •.,I ,,,,/� t In w , �.; i t ' t ,:. . 1 ,) i ..._f,'.l , , :. ,,tr,+... . .., _ ..-, 4 r'..: _..;. ..- - I ws+: �];.., t t... LSt •Is'1: �`i"t �1 , t , . E �. a.ra.i.•,..-...r .....,.-. ..,,a_-._. ... az� :.�7►...:4' _�. .:... ~' "'�t/ tit: .:,i an.a...I..i `"5i1 ,...c....._."iia�..:il'_1... _ .__.,r�lt%,t::1L..�.,.•.»:a... ..:.'ill: St�^ t r11..di , (J T r 1 Ry, S !f, 1 i 1 % t, a , ` ` f Mom; l3 y }: j 1),V"; 'ti Y J f . } If. r j/t``�ll).i.il �h�'` 1l •YI'l 1�/• rr ae+.i �4{,jR' , ? s •.h !f� I ,Js r%1..:�,, 1 f, -t pp t• a 1 rt + ti i. t j i ,t, ' t i' . i+,' '� , j. I_,I. { ! ,t(v )' irk f 1 f i . e. ' , , a rt ' , t I .r..I t ' }�f . �f ,j;I } ,� rT, � t r.,' inu tually acceptable development plans, concepts, or alto rnat:xves, , M` R+, �,t .,I ,t �;; r':;; IIt r - a fF1V7) r .'{}r 1 � ` rf + t4, I y ,ft, t �. t'i C,. 1 „ ,} det.rminc. the economic feacibili,ty i.�f the development, and n '` 44 '.s ter •'` , -�i ,,t•, •' I . ,:,,,A t r:,'I t�' establish a Value of Lhe ProposQd Develaprnent: Site. Except as i�E •. 1. �: ., ', . } 1 }111, ,11 s r i�, .I ''i" thie Agreement may he extended, , it on the lROth day from the date a �{'' `,J� . I t. }A .1 Ie t If, r% i 1 I 1'.•;: Ir ?,` .4� '",:f,•�',I; .f oL this Ayreement (the end o the Negotiating Period), Coastline ,.Ij?R;',t;�`;.�;f�,i �!{j�,':,'_fI rr {2 :M�rt `' ' has not signet] and submitted a ADA to the Agency, ' a1 ,4, 1}+ .(1. : then this , I j1 Sfj,I 1+?' 1 -,. r �' 3 r'iP - , ,'. i� ' r•1� �i �� e'1! F. r ,`,. _ Agreement shall automatically termini :e, and the parties �� r K. (�,i ,, j t 4 `,1 '_ 1 1 ., 1, •1 -",�• knowingly agree that none of the parties shall have any further '�{ 1 r c1, rf, ct , ,: 17. 1� it . i t 111, '),' t, '_;+ rights or obligations to th© other under this Agreement. If a {j{'` ,� 1�i� `t�'. t�r,i, ;, i� f z: ,t YI', f� xrrk , �. �,:. a ` } DDA is so signed and submitted within t13e Negoti.atf ng Period, 4 ; � zit. ; ' c + *, rv1C t I' r� 7 i t I ,0' ' l' ''' 1, yI then this Agreement may be extended in writing for a period not I r",''r �' , " if1,X ' i t r ' 'I I t, .T fin !` ,J' rtr ! IA ; �,! 7 ix v r t I ,j,• �r _n,7 . r,,.t�]. a to exceed sixty (a0) days from the date of such suLrTlittal to t .. tI '' kl I t',-:; o ' '` enable the Agent to : a fI, y; �S� r ►xA I, ^ ' 'r + `I}I j y (i) determine ��het•her it dasire,, to enter 4f,�;,V ,% ,I r, ' t$+ p4'tti iflltr,s .4 It 7 , IA '' ti �'. into such DDA, (ii) take the actions necessary to bring such DDA ` ,��� y�+� ` , I ! �.R �il�n .M ,t1�F+r . t,1<�tl' fr.foi r,r,1 I 4 • ;, before the Agency for c��nsideration, action, and authorization to F (,I'S��`' 1,+ ,r.; ` ` ! ..j is r )tt tL,t} Si.• 1 ' ♦ I il�r tit. *,' 4l -f ,. r r `� ���;#�-:.{�' sign, and (iii) sign the UDA, if such is approved. ~I'` �1; `, -F + �� . r +� 7.. The design and development objectives tor the 'project { i1 i tirF,/ , " , I-r. T.I `, {�. i ',- );,f 3�`tltt`J i`,; ;t,,; ; ',,; shall be s ecified in the ;W: . rl}' j - ,,$p DDA and the actual development~ shall be IV4 i kir V- "1. .{f • ( , Y 1. ; I. ���%j�,�.' G/ �.-,7_ .',' ;i �,, ;,1r` r; in conFormity therewith. Coastline shall cooperate fully with `�11 �1y#, IiU f�' ' I, i.' ftI t$FJ, 1 4a' ;''s l'i the Agency's professional consultants and associates'iR rov�idin `•`�t+''' Ar! "�' II S'•' =�v, p ttirpf , tr i , s i 1tJs , t_:; g �2'�3ry=f r'��h�•�r.ty,���`rr F (, !Ylr ram+ ,(r i-' S j` ' * ,' th :(,f�ir�te$ . V!j..1". .', t• t t ty t 1 I' J ! t t tG , . I r.1+W�Ltlt.4f,"j1 �f ,'tJAA 0 , },. 1 ,.1 r, F r, 1 f t4 1,1, ;i �'+1� I } '��J'� '.jam jI. � ,, R., , 4"t '_"r'1tt?. ItCf`rt}I;.C'<f'ff lri ,' Rt13i N. l.I J�,,,I (frff,I- � - rj" ,I 1ttf4,ti r�rf Ge� i1:/�'•. �f. 11 .1 1 SS ! v11 id i; 1 + ' I (I„'I iRYi ,T!tlrl4 •101,, Itr , 2, J� ��Ie I, l �' JII . .t r,,} 1J Ji',I i, L: J i"i" l iN ��,� -I 't 4, t em with any information and assistance reasonably within the capacity of Coastline to provide in connection with the preparation and execution of the drawings, plans, acid Specifications or otY:er documents or information required to be submitted by the Agency to the City of Hu;*.zington Beach ("City") f' pursuant to this Agreeme:�t or as required by statt3 or local laws and regulations. `All design, architectural, and building plans for development shall be subject to the review and approval of lWa �) , 11 Gl:�i tr} �y . ,� F" t P t TMjr""^• tY .�_r. r YT-, ,t j�.�I 1r r r 4 _ t. e, a TL' �r tt }f laYit , '^` his it {jy+' t s j?it"CtwR '.. - '; Y' fy[, : ? i �l- I s' t; } � �.{ i :ij tlr ,,!,SI: r�,it� t ly° y f'�!W V-9'I, t';I „A� ,rt w• • •.. 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