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HomeMy WebLinkAboutDEMONSTRATION BLOCK (Main/Olive/5th/Walnut) Facade Gra • CITY OF HUNTINGTON BEACH • COUNCIL - ADMINISTRATOR COMMUNICATION CA 89-88 HUNTINCTON BEACH ' To . From �` n Honorable Mayor and Paul E. Cooke City Council Members City Administrator Subject. Date 2nd Block Facade August 23, 1989 Rehabilitation/New Construction Grant Program At your meeting of August 7, 1989, you requested that staff provide a status report on the 2nd Block Facade Rehabilitation/New Construction Grant Program that was previously approved at your meeting of December 19, 1988,-(Attachment 1). For your information and review, I have attached a list of (1) all'properties located within the 2nd block, (2) a brief narrative of the present status of each, and (3) a site plan (Attachment 2) of the entire 2nd block. In summary, the Facade Grant Program offers property owners in this "demonstration block" a facade grant calculated on a per linear foot basis (see Attachment 3) which they may apply to either the rehabilitation of their existing building or to the cost of constructing a new building. As an incentive for participating in the program; all parking requirements will be considered met for all existing and new uses, provided the square footage which currently exists is not exceeded. Any additional building area created through rehabilitation or through new construction will be require to meet current parking requirements onsite or pay in-lieu parking fees. The in-lieu parking fee is $12,000 per space. However, for the duration of this program (December 31, 1989), this fee will be reduced to $6,000 - amortized over a five-year period of 8% interest. Also included within the 2nd block "demonstration project" is a combination of alley improvements and the construction of two pedestrian pass thrus, one on both Main and 5th Streets (Site Plan Attachment 4). The purpose of this pedestrian pass thru layout is to provide a meeting and sitting area for residents and retail patrons, as well as to to create a flow of pedestrian movement from Main Street over to the retailers on 5th Street and vice versa. The alley improvements consist of the'undergrounding of all utilities and the resurfacing of the alley with a light broom finish concrete with smooth finish band. The pass thrus consist of a water feature, sitting benches, canopy trees, palm groupings in raised planters, accent trees, bollards, lighting, and concrete pavers. Purkiss Rose landscape architects designed the above described improvements. The various utility.companies have completed their undergrounding plans. Purkiss Rose is currently incorporating both into working drawings. Construction is anticipated to begin in January of 1990, and completion is anticipated in May of 1990. ii �fi- C O U N C� T I ON ATTACHMENT 1 t 4• � ) RH 88-84 G C���CIT Date December 19, 1988 Submitted to: 7� Y CLERK Honorable ayo and City Council Members Submitted by: Paul Cook, City Administrator Prepared by.: 10 Douglas La Belle, Deputy City Administrator/Economic Developme t Subject: 4t FACADE GRANT PROGRAM FOR MAIN—PIER PROJECT AREA Consistent with Council Policy? [ ] Yes [ ] New Policy or Exception Statement of Issue, Recommendation,Analysis, Funding Source, Alternative Actions, Attachments: ! STATEMENT OF ISSUE: At its joint study session with the Planning Commission on January 25, 1988, the City Council directed staff to prepare a recommended program of financial incentives for owners of buildings subject to the seismic safety ordinance. On February 16, 1988, a seismic and facade improvement loan program for the Main-Pier Redevelopment Project Area was submitted for Council review. This report recommends modifications to the February 16, -1988, proposal with respect to this program. RECOMMENDATION: 1) Authorize staff to implement a facade improvement program within the Main-Pier Project Area on a "demonstration block" bounded by Main & Sth Streets, Olive and Walnut Avenues. 2) Approve facade rehabilitation grants for eligible property owners in amounts not to exceed: a) $15,625 ($625/linear front foot) for 25' single-story structures b) $31,250 ($625/linear, front foot) for 50' single-story structures c) $21,875 ($875/linear front foot) for 25' two-story structures d) $43,750 ($875/linear front foot) for 50' two-story structures e) Grants for exposed side and rear facades will not exceed $200/linear foot; must be applied to side and rear improvements f) $50,000 for corner property at Walnut and Main ($625/linear foot for side and front facade; $200/linear foot for rear facade) 3) Approve a budget not to exceed $800,000 for the facade improvement grant pr&0rarg1. m z n -{ 4) Approve change in the funding source for this project from the current CDBG — residential rehabilitation program (previously approved funding source). Instearfu=dn- this project from funds been paid to the Agency by Mola Corporation for land r ) ,, C,T acquisition for the Town Square project. o —v T Cry T Don FlRG 5) Authorize financial assistance in amounts equal to the facade grant program for those property owners who prefer to construct new improvements rather than rehabilitate their property. 6) Apply current parking requirements only to the extent that rehabilitation or new construction results in increased square footage above that which currently exists within each building on the demonstration block. 7) Authorize a 50% reduction of in—lieu parking fees to be assessed for required parking. Fees to be amortized over a five—year period at an interest rate of 8%. ANALYSIS: Initially, staff recommended that the Federal Government Section 312 loan program be utilized to assist property owners in financing their seismic improvements on this block. This program was to be coupled with a facade grant program using Community Development Block Grant funds. In developing implementation procedures for this program, it became apparent that the . complex Section 312 loan program requirements would be difficult to administer for this project. Further, the use of Community Development Block Grant funds (which require that Davis—Bacon prevailing wages be verified for each construction project) also would present administrative problems and additional costs that could limit the success of the program. The current proposal will provide a facade improvement grant to participating property owners subject to their compliance with seismic and building code requirements, downtown design guidelines, and maintenance requirements. Grant funds will be disbursed as improvements are completed in accordance with an Owner Participation Agreement to be entered into between the Redevelopment Agency of the City of Huntington Beach and the participating property owners. Public improvements are recommended to support the demonstration block facade improvement plan including undergrounding of utilities, repaving and lighting in the alley, and new sidewalk treatments. During the preparation of this program, a number of property owners on the Main Street edge of the demonstration block requested consideration of plans to construct new improvements on the site. It is recommended that financial assistance, at the same level proposed for facade improvements, be provided to property owners who wish to construct new buildings on the Main Street edge of the demonstration block. New construction will, of course, be required to follow downtown design guidelines and meet all building code requirements. As an additional inducement to the property owners to participate in this program, it is recommended that parking requirements be deemed met for all existing uses and for all new uses, providing that the square footage which currently exists is not exceeded. Any additional building area created through rehabilitation or through new construction will be required to meet current parking requirements onsite or pay in—lieu of parking fees. The in—lieu of parking fee has been established at $12,000 per space to be adjusted annually at the rate of construction cost increases determined by the Engineering News Records. However, to provide an additional incentive for property owners within this demonstration block to rehabilitate or reconstruct their buildings, we are recommending that the in—lieu of parking fee be reduced by fifty percent amortized over a five—year period at an interest cost of eight percent. It is recommended that the grant program and parking incentives be made available to property owners within the demonstration block for a one-year period. Facade Improvement Grant Programs have been an effective stimulus for downtown redevelopment in many other cities including Costa Mesa, Fullerton, and Santa Ana. However, the success of this program will depend totally on the degree of participation by the property owners. In the opinion of staff, the incentives proposed herein will generate a high-level of participation. FUNDING SOURCE: Payment to Agency from Mola Corporation for land acquired for Town Square project (estimated 1988/89 revenue: $1,000,000). ALTERNATIVE ACTION: 1) Provide no assistance for facade rehabilitation or new construction. This approach would allow for continued deterioration of the properties within the demonstration block. 2) Make funds available on a loan basis instead of in-lieu of a grant or make loans and/or grants available in amounts less than recommended. This approach would limit the level of property owner participation and make the project more difficult to administer. ATTACHMENTS: 1) Proposed Project Budget. PEC/DLB/lp 4272h COST ESTIMATES FOR SECOND BLOCK REHAB One Story $ 625 LF $15,625 = 25' lot $31,250 = 50' lot Two Story $ 875 LF $21,875 = 25' lot $43,750 = 50' lot Rear be Side Exposed Facades $ 200 LF Must be applied to rear & side rehab work Single Story Front 300' @ $ 625 $187,500 Two Story Front 215- @ $ 875 $188,125 Exposed Rear & Side 1,128' @ $ 200 $225,600 Corner Lot 80' @ $ 625 $ 50,000 1,723' $651,225 Shank House Two Story 192' x $875 $168,000 $8199225 Program Design/Administration Cost $30,775 850 000 KBB:jr 3824r t 'Page 9 - Council /AS Vnutes - 12/19/88 ~�• (City Council ) PUBLIC FACILITIES CORPORATION BOARD OF DIRECTORS APPOINTMENT - APPROVED - MICHAEL K. TIERNEY The City Clerk presented a communication from the Finance Director trans- mitting the recommendation of the Public Facilities Corporation that the City Council ratify the appointment by the Public Facilities Corporation of Michael K. Tierney to the Public Facilities Corporation Board of Directors filling a vacant directorship for a term expiring July 24, 1991 . A resume dated September 7, 1988 from Michael Tierney had been submitted to Council in the City Administrator' s December 16, 1988 (City Administrator Communication) . Following discussion , a motion was made by MacAllister, seconded by Silva, to approve the appointment of Michael K. Tierney to the Public Facilities Corpor- ation Board of Directors . The motion carried by the following roll call vote: AYES: MacAllister, Green, Winchell , Bannister, Mays , Silva, Erskine NOES: None ABSENT: None FACADE GRANT PROGRAM FOR MAIN-PIER PROJECT AREA - APPROVED - APPLY CURRENT PARKING REQUIREMENTS - APPROVED - 50% REDUCTION OF IN-LIEU PARKING FEES TO BE ASSESSED FOR REQUIRED PARKING - APPROVED - (#8) The City Clerk presented a communication from the Deputy City Administrator/ Economic Development regarding a Facade Grant Program for the Main-Pier Redevelopment Project Area. The Deputy City Administrator/Economic Development requested that the Health and Safety Code 33433 Report, and all related documents , be made a part of the record. Marilyn Whisenand, Redevelopment Specialist Consultant, presented a report. A Request for City Council Action dated December 19, 1988 submitted by Paul Cook, City Administrator, had been submitted to Council in' the City Admin- istrator' s December 16, 1988 RCA. A motion was made by Erskine, seconded by Bannister, to take the following actions : (1 ) Authorize staff to implement a facade improvement program within the Main-Pier Project Area on a "demonstration block" bounded by Main & 5th Streets , Olive and Walnut Avenues . (2) Approve facade rehabilitation grants for eligible property owners in amounts not to exceed: a) $15,625 ($625/linear front foot) for 25' single-story structures b) $31 ,250 ($625/linear front foot) for 50' single-story structures c) $21 ,875 ($875/linear front foot) +for 25' two-story structures d) $43,750 ($875/linear front foot) for 50' two-story structures FIFTH STREET THE BNED ..._ TERRYI AUTO BODY BURR17 BURRIB B TALOR f- i 708 1lTN 71 [ YfTN SHANK HOUSE [ i•�e•li lr�:•� "a FrTN ' w 7•sTOLl I I\ ' TRUCT 1 I� 1 � vR•wG 1 _ 1 l Y]JOTTTB . WALNUT Aj O•r0 r•Iq -L Z O XNp r•lq ' W ui I _ > fUNr YUSf YY 'j Q •17 OLIY[ r'DI D�C•Iw. 'uwu7.oL• Ir Wlticaa+ '— _.. _.._.._j;:: 'I T .I -. ... _. .. .. I •' .•. ':AEINAw µUI•.... cM twat _. ........ ��. _� _... •wool nII ...c l.•.1�. !: • :: •: it O[pc.IQ 1 , o Ir Dtoauq. I -� Z I r•RAIXO _ Ll - [.1[ NEw t tl OX. I • SIRUC IUXt .b I'- l �/ i.7i ILMY—� CAYERLY KER a NARI.OW C000ER WUR7�—�- IANGEYW TRAINER IJ� ��1,'1(•� ��I, iBl YAW J07 YAW 70t YAW 707 YAW 70t YAW 711 YAW 717 YYAW 71t YAIN 717 YAW __1 ,�� -� X - rr11 771 YAIN 777 Y•I .I•..•I,.•L•T I 3 LIGM • � cv.cn n..n•. �I�'� ..•...... M A 1 N STREET ;,,,,_�,,,�„�„ ' uN0[lu•XOLINO t ttS 11NG v 1 nll NS ��� - ', � • ATTACHMENT 3 SECOND BLOCK FACADE GRANT PROGRAM Allocations $625 per linear foot for single story frontage f - frontage $875 per linear foot for two story frontage s - side (exposed) $200 per linear foot for side and rear exposure b - back (Design cost to be subtracted from allocation) 213 Main Street (Cooper) 201 & 203 Main Street (Caverly) f 25' x$625 15,625 f 50' x $625 $31,250 b 25' x 200 5,000 s* 80' x 625 50,000 s 38' x 200 7,600 ($2,250) 20,625 s 50' x 200 10,000 b 50' x 200 10,000 Design Cost: ($9,800) 108,850 * $625 per linear foot because of location and architectural features 215 Main Street (Wurzl) 205 Main Street (Decker) f 25' x $ 875 $21,875 f 25' x $625 15,625 s 25' x 200 5,000 b 25' x 200 5,000 s 27' x 200 5,400 b 25' x 200 5,000 ($2,250) 20,625 ($1,800) 37,275 207 Main Street (Hatch) 217 Main Street (Lan evin) f 25' x $875 21,875 s 50' x 200 10,000 f 25' x $625 15,625 s 14' x 200 2,800 s 44' x 200 8,800 b 25' x 200 5,000 b 25' x 200 5,000 ($4,500) 39,675 ($2,250) 29,425 209 Main Street (Hatch) 221 Main Street (Mulligan/Trainer) f 2S' x $625 15,625 f 25' x $875 21,875 s 35' x 200 7,000 s 100' x 200 20,000 b 25' x 200 5,000 b 25' x 200 5,000 ($4,500) 27,625 46,875 211 Main Street (Harlow) f 25 x $625 15,625 s 37' x 200 7,400 s 60' x 200 12,000 b 25' x 200 5,000 40,025 223 Main Street (Mulligan/Trainer) 412 Walnut Avenue (Lindbora) f 25' x $ 875 21,875 f 40' x $875 35,000 s 22' x 200 4,400 s 50' x 200 10,000 b 25' x 200 5,000 s 50' x 200 10,000 b 38' x 200 7.600 ($4,900) 31,275 ($4,500) 62,600 208 5th Street (Gallegos) 202 5th Street (Shank/HB's) f 25' x $625 15,625 f 25' x 875 21,875 f 44' x $875 38,500 s 100' x 200 20,000 s 151' x 200 30.200 s 80' x 200 16,000 s 20' x 200 4,000 68,700 b 50' x 200 10.000 ($4,302.60) 87,500 218 & 220 5th Street (Burris) f 50' x $625 31,250 s 30' x 200 6,000 b 50' x 200 10.000 ($4,500) 47,250 222 5th Street (Taylor) f 50' x $875 43,750 s 50' x 200 10,000 s 61' x 200 12,200 b 50' x 200 10.000 75,950 * Not previously budgeted for 4400r WIT SIMEl W ..u,T w uu i Wi i T I l fJ� u3 HT,nu In11PT( L. AIM : O[NC••[9• [ES .• '•.i� rye .. .: SROOLI"'S'CONCREIC ,I r . •�; ~\:: " W1 7YOOTn iwiSn DAND w�'�1'�'�,'!��'1''::..,;�✓' :. :.. :'. ..'..- i -I � 3 ��f •S•,L ,T�r.•r L*:'r:�4. :r:•::fir! •.-+, ;.yy,:.•ryt+a T, ... _.tr p—.g. Lt.'' �t{o:,• �:�f' ::r' x.. .lnl`•11.?fJC..':yi'N E•J"!'T.T:3;,:'`...['woCto'riutr[�irwiE30 ••.�f ,•p:.._y�„•�; "rv`:••I•••,.I .I "'•.. ' 'R1 ORouwNON•----f • SIT RAL7ED PLANTER q RAW-ALL D[TARS A E AMENITIESY,. I.• �r.•i AS PER CITY STANDARD. 3 CANOPY TREE w TREEWELL•-- )� }l:: •' }A WATER IEATWE f r i STREET :` CITY OF HUNTINGTON BEACH 1,6' 1 0' REQUAT FOR CITY COON& ACTIO RH 88-07 Date February 16, 1988 Submitted to: Honorable Mayor and City Council Members Submitted by: Paul E. Cook, City Administrato ( Prepared by: Douglas N. LaBelle, Deputy City Administrator/Community Developme Subject: SEISMIC AND FACADE IMPROVEMENT LOAN PROGR PROVE�P 1W CITY CC)UNCIL MAIN-PIER PROJECT AREA /� 19 Consistent with Council Policy? [ ] Yes f)Q New Policy or Exception ' _ CIT L Statement of Issue, Recommendation,Analysis, Funding Source,Alternative Actions,Attachments: STATEMENT OF ISSUE: At its joint study session with the Planning Commission on January 25, 1988, the City Council directed staff to prepare a recommended program of financial incentives for owners of buildings subject to the Seismic Safety Ordinance. Presented herewith is such a program for the Main-Pier Redevelopment Project Area. RECOMMENDATION: 1. Authorize staff to commence participation in the federal 312 Loan Program and to assist property owners in the preparation of construction cost estimates, appraisals, and loan application documents for improvements required by the Seismic Ordinance. 2. Authorize staff to secure facade easements from property owners in exchange for a facade improvement grant not-to-exceed $15,625 for 25 foot lots and $31,250 for 50 foot lots (except corner lots) with a priority for participation for owners of properties in the block bounded by Main, Ol' e, Fifth, and Walnut. 3. Reprogram $450,000 from the current CD G residential rehabilitation program and $400,000 from the "Relocation" account of the CDBG Program to use in the facade grant program. 1. 4. Require as a condition of participation in the facade grant program that property owners cooperate in the formation of a uniform facade treatment consistent with the Downtown Design Guidelines and/or the Historic Rehabilitation Guidelines published by the U. S. Department of Housing and Urban Development as appropriate for each property. PI O 5/85 t. RH 88-07 February 16, 1988 Page Two ANALYSIS: The federal government offers the 312 Loan Program for commercial properties. The interest rate is tied to the treasury rate (9 percent) and the maximum term is 20 years or three-quarters of the remaining useful life of the property. The maximum loan for commercial properties is $100,000. It is recommended that seismic improvements be funded through this program since the interest rate is competitive and it will not require the use of any City or Redevelopment Agency funds. It will require incurring administrative expenses in the use of Agency staff to coordinate the loan application process and the use of an escrow company to pre-screen the applications prior to submission to HUD. (The participants necessary to package a 312 Loan, the time required for loan approval, and an outline of the 312 Loan criteria are attached). It is recommended that the City procure a "Facade Easement" from each property owner as a condition of participation in the Facade Grant Program. This mechanism will provide the City architectural control of any future exterior alterations thus assuring that facades remain consistent with the Downtown Design Guidelines or Historic Rehabilitation Standards. This will not be an expense to owners. To achieve the full impact of a facade improvement program, it is essential to secure full participation of property owners. Research on the successful commercial rehabilitation programs of-other cities indicates that a grant is the only manner to assure full participation. Similarly, the not-to-exceed amount of the grants is based on research with architects experienced in commercial rehabilitation and is based on a cost of $625 per linear foot of facade. The priority for the second block was based on the condition of buildings in the area and is intended as a demonstration area. This is only a priority for processing and does not prohibit owners in other blocks from participation at a later time. The Facade Grant Program is an eligible activity in the Community Development Block Grant Program. Since the timing of this program prohibits its inclusion in the 1988-89 fiscal year budget, it is necessary to reprogram currently budgeted funds. The accounts identified are the only ones from which funds are available for reprogramming without disrupting projects already in progress. While variety in facades is to be encouraged, it is important that the characteristics encouraged by the Downtown Design Guidelines be incorporated in new facades or, where buildings have verifiable historic features, that facades be renovated consistent with HUD's standards for Historic Rehabilitation. This approach will permit flexibility by individual owners while maintaining a coordinated architectural theme. RH 88-07 February 16, 1988 Page Three It is important to note that, while staff believes that the seismic loans and facade grants will make a marked improvement to the safety and appearance of the downtown area, these sources alone may not be sufficient to rectify all code violations. For example, new plumbing and mechanical systems may be required and could not be funded through this proposed program. Likewise, any housing code or building code violations that may exist, would not be cured by performing the seismic improvements alone. Owners would have to use their own financial resources or private financing for these improvements. Also, the ability of owners to borrow money from HUD is clearly dependent upon the current encumbrances on the property and their ability to repay. Because of the confidential nature of each owner's financial situation, staff is unable to assess the extent to which owners will quality for the 312 Loans. FUNDING SOURCE: Facade Grants: 1. CDBG Account 894856, Rehabilitation Loans: $450,000 2. CDBG Account 894842, Relocation Benefits: $400,000 $850,000 Seismic Loans: The federal 312 Loan Program as the source of the principal amount of the loans and the Redevelopment Agency administrative budget for the staff costs to assist property owners in applying for the loans. ALTERNATIVE ACTION: Make CDBG funds available on a loan, instead of grant, basis. This may limit the amount of property owner participation. ATTACHMENTS: 1. Summary of Participants and Roles in processing 312 Loans. 2. Outline of the requirements of the 312 Loan Program. PEC/DLB/SVK:sar 2469r • • SECTION 312 LOAN PROGRAM The following is an approximate time-frame for the processing of a Section 312 HUD Loan. The schedule is based on information provided by United States Escrow who has experience in the administration of the Section 312 Loan Program. The actual time required for processing the loan will vary due to reliance on mortgage holders returning verification forms promptly, availability of appraisers and contractors, and the applicants time required for completing the application forms. Time requirements for Section 312 Loan processing: 1. Contact and interview with property owner, distribute application form. 1 day 2. Receive application and complete checklist for application. 1 day 3. Transmit completed application to United States Escrow (U.S.E.) for loan analysis. U.S.E. completes loan analysis and application is packaged for City to transmit to HUD. 4 weeks 4. Obtain property appraisal and contractor proposal to include in HUD submittal package. 2 weeks 5. Submit complete application package to HUD for loan determination. HUD approves loan and authorizes the City to execute loan documents. 2 weeks 6. Upon HUD loan approval, request U.S.E. to prepare loan documents. 1 week 7. Execution of loan documents and required 3 day recision period. I week 8. Loan funds available for payment as requested by the City. 4 days * Total time required from intake to fund disbursement 10 weeks, 6 days 2470r SECTION 312 REHABILITATION LOAN PROGRAM GENERAL TERMS A. Maximum Loan Term Cannot exceed ( 20 ) years or 3/4 of the remaining useful life of property, whichever is less. B. Interest Rate 1 . Owner-occupant of one-to-four unit property whose income does not exceed 80% of area median income, adjusted for family size, the interest rate is 3% (extraordinary medical expenses may be backed-out of income to qualify for 3% loan. 2 . Cooperatives where all units are occupied by members and where 80% of residents have a family income below 80% of the median are eligible for a 3% loan. 3 . All other borrowers- -- interest rate is based on the yield of government securities for the term most comparable to the 312 loan term. C. Fees and Charges 1 . Application fee of $200 for single-family properties (both for owner-occupant and investor-owner) . 2 . Application fee of $300 for other kinds of loans . D. Risk Premium All 312 loan borrowers must pay a one percent per annum risk premium. E. Maximum Loan Amount 1 . On single or multi-family property loan amount cannot exceed; a. $33 , 500 per dwelling unit, or `- $25, 000 _`'per dwe11ing .unit: in ..:congregater.Z, housing, or C . $15, 000 per dwelling unit in single-room occupancy, or ( 1 ) for 3% loans , the discounted value of the 312 loan, plus full value of all other senior debt cannot exceed 80% of the after rehab value. ( 2) for treasury rate loans, the full value of the 312 loan plus full value of all senior debt cannot exceed 90% of the after rehab value. 2 . Non-residential loan limit cannot exceed the limit of; a . $100, 000 , or b. total cost of rehab eligible under Section 312 regulations, or C. the full value of the 312 loan plus full value of all senior debt cannot exceed 90% of the after rehab value. 3 . Minimum monthly payment At least $20 per month. 4 . Maximum Dwelling units per loan 99 residential dwelling units. 5 . Lien priority 312 loan should be as senior as possible; always superior to CDBG loan. 6 . Prohibition of combining Section 312 loan funds with Rental Rehab Program funds. SECTION 312 REHABILITATION LOAN PROGRAM ELIGIBLE COSTS A. Items which must be included 1 . Accrued interest on Section 312 loan during construction period 2 . Real Estate Taxes and Hazard Flood Insurance 3 . Liability and Worker' s Compensation Insurance for borrowers acting as their own general contractor 4. Section 312 Application Fee , a. $200 for 1 to. 4 unit residential proper- ties b. $300 for all other borrowers B. Items which must be included in 312-assisted projects and may be included in 312 loans 1 . Local rehab standards 2 . Cost effective energy standards 3. Historic preservation .standards 4 . Others ,�dNA0K/Y1 a. co-n- to environmental requirements b. flood proofing C. remedying identified lead-based paint haz- ard d. accessibility to the physically handi- capped (for non-residential only) e. termite inspection and repairs from ter- mite infestation C. Items which may be included 1 . Removing incipient deficiencies (correct or remove problems which would reasonably be expected to deteriorate into deficiencies within two [ 21 years) 2 . General property improvements which are reasonable and customary for the area and are not considered luxurious 3 . Encourage quality repair NOTE: General property improvements cannot exceed 40% of the 312 loan 4 . Land acquisition -- only if required to bring the property into conformance with local code require- ments for minimum lot size and dimension 5 . Professional services -- architectural , engineering, and related services 6 . Processing and settlement costs a. building permits and fees b. origination fees C. credit report d. fees for acceptable title evidence, corrective title work, legal fees e. fees for recording legal documents f. appraisal fees g . fees for .independent rehab cost estimate 7 . Contingency reserve of 10% ( self-help is 15%) D. Items not to be included in 312 loans 1 . Cost of staffing or administering the loan 2 . work equivalent to new construction or. reco.nstruc- tion 3 . Developers fees and marketing costs 4 . Luxury items 5 . Personal property or furnishings 6. Payment of delinquent taxes or assessments 7 . Borrower' s labor E. Refinancing allowed on one to four owner-occupant properties . May not exceed 50% of the total loan. BEQUEST FOR DEVE __ MENT AC#NCY ACTION ) 0 20 RH 89-106 Date December 4, 1989 Submitted to: HONORABLE CHAIRMAN AND REDEVELOPMENT AGENCY MEMBERS Submitted by: PAUL E. COOK, EXECUTIVE DIRECT I� APPgpVED BY CITY COUNCIL Prepared. by: PAUL E. COOK, EXECUTIVE DIRECTOR \ MCA 19-0 Subject: FACADE GRANT PROGRAM FOR MAIN-PIER PROJECT EA CITY CLERK Consistent with Council Policy? [X) Yes [ ). New Policy or Exce ti n Statement of Issue; Recommendation, Analysis, Funding Source, Alternative Actions, Attachments: STATEMENT OF ISSUE: -r On February 16, 1989 a Facade Improvement .Grant Program was approved for the buildings located within the block bounded by Main and Fifth Streets, Walnut and Olive Avenues (Demonstration Block) . This program was modified by your action of December 19, 1988 to include financial assistance in amounts equal to the Facade Grant Program for those property owners who prefer to construct new improvements rather than rehabilitate their properties. These program modifications and other incentives were to be made available for a one-year period, in that the owners would need to have Owner Participation Agreements executed and construction begun within that time period. RECOMMENDATION: Authorize staff to extend the original program deadline of December 31, 1989 to March 31, 1990. ANALYSIS: During this last year, Redevelopment staff has communicated with property owners who are eligible for the Facade Grant Program bounded by Main and Fifth Streets, Olive and Walnut Avenues. The property owners have been notified and all financial incentives of the program offered to them. Further, our consultants have met with them individually to discuss their concerns and the possibility of participation. On November 20, 1989, the Agency by minute action voted to extend the deadline for interest form submittals to December 15, 1989. At this time, staff would request a 90-day extension to the program's deadline of December 31, 1989 to. March 31, 1990. This additional time will allow us to continue negotiations with remaining property owners, and process Owner Participation Agreements. P10/1i85 - - RH 89-106 December 4, 1989 Page 2 FUNDING SOURCE: Previously encumbered funds from Redevelopment Account No. E-TM-ED-902-6-31-00. I ALTERNATIVE ACTION: Do not approve a 90-day extension to Facade Grant Program deadline, and allow only the property owners who previously responded an opportunity to participate. ATTACMENTS: 1 ) RCA dated February 16, 1988 2) RCA dated December 19, 1988. 3) Sample letters to Property Owners dated November 13, 1989 and November 21, 1989. PEC/LP:kjl REQUEA FOR CITY COUNCp ACTION RH 88-07 Date February 16, 1.988 Submitted to: Honorable Mayor and City Council Members Submitted by: Paul E. Cook, City Administratorc� '�— Prepared by: DoOglas N. LaBelle, Deputy City Administrator/Community Developme SEISMIC AND FACADE IMPROVEMENT LOAN PR Subject: YED gy CITY MAIN-PIER PROJECT AREA NS GoUNCIL ' - - -19YL Consistent with Council Policy? [ ] Yes bQ New Policy or E. eeption C Statement of Issue, Recommendation, Analysis, Funding Source, Alternative Actions, Attac men . I`'*-7^ STATEMENT OF ISSUE: At its joint study session with the Planning Commission on January 25, 1.988, the City Council directed- staff to prepare .a recommended program of financial incentives for s . owners of buildings subject to the Seismic Safety Ordinance. • Presented herewith is such a program for the Main-Pier Redevelopment Project Area. RECOMMENDATION: (. 1. Authorize staf f to commence participation in the federal 312- Loan Program and to assist property owners in the preparation of 'construction cost .estimates, appraisals, and loan application documents for improvements required . by the Seismic Ordinance. 2. Authorize staff to secure facade easements from property owners in-exchange for a facade improvement grant not-to-exceed $15,625 for 25 foot lots and $31,250 for 50 foot lots (except corner lots) with a priority for .participation for owners of properties in the block bounded by Main, Olive, Fifth, and Walnut. 3. Reprogram $450,000 from the current CDBG residential. rehabilitation program and $400,000 from the "Relocation" account of the CDBG Program to use in the facade grant program. 4. Require as a condition of participation in the facade grant program that property owners cooperate in the formation of a uniform facade treatment consistent with the Downtown Design Guidelines and/or the Historic Rehabilitation Guidelines published by the U. S. Department of Housing and Urban Development as appropriate for each property. � 1 .000 RH 88-07 February 16, 1988. Page Two ANALYSIS:' The federal government offers the 312 Loan Program for commercial properties. The interest rate is tied to the treasury rate (9 percent) and the maximum- term is 20 years or three-quarters of the remaining useful life of the property. The maximum loan for commercial properties is $100,000. It is recommended that seismic improvements be funded through this program since the interest rate is competitive and it will not require the use of any City,. or Redevelopment Agency funds. It will require incurring administrative expenses in the use of Agency staff to coordinate the loan application process and the use of an escrow company to pre-screen the applications prior to submission to HUD. (The participants necessary to package a 312 Loan, the time . required for loan approval, and an outline of the 312 Loan criteria are attached). It is recommended that the City procure a ."Facade Easement" from each property owner as a condition of participation in the Facade Grant Program. This mechanism will provide the City architectural control of any future exterior alterations thus assuring that facades remain consistent with the Downtown Design Guidelines or Historic Rehabilitation Standards. This will not be an expense to owners. To achieve the full impact of a facade improvement program, it is essential to secure full participation of. property . owners. Research on the successful commercial rehabilitation programs of other cities indicates that a grant is. the. only manner to `• . assure full participation. Similarly, the not-to-exceed amount of the grants is based on research with architects experienced in commercial rehabilitation and is based on a cost of $625 per linear.foot of facade: E` The priority for the second block was based on the condition of buildings in.the area and . is.intended as a demonstration area. This is only a priority for processing and does not prohibit owners in other blocks from participation at a later time. The Facade Grant Program is an eligible activity in the Community.Development Block Grant Program. Since the timing of this program prohibits its inclusion in the 1988-89 fiscal year budget, it is necessary to reprogram currently budgeted funds. The.accounts identified are .the only ones from which funds are available for reprogramming without disrupting projects already in progress. While variety in facades is to be encouraged, it is important that the characteristics encouraged by the Downtown Design Guidelines be incorporated in new facades or, where buildings have verifiable historic features, that. facades be renovated consistent with HUD's standards for Historic Rehabilitation. This approach will permit flexibility by individual owners while maintaining a coordinated architectural theme. R H 88-07 February 16, 1988 Page Three It is important to. note that, while staff believes that the seismic loans and facade grants will make a marked improvement`to the safety and appearance of the downtown area, these sources alone may not be sufficient' to rectify all code violations. -For example, new plumbing and mechanical systems may be required and could, not `be funded through this proposed program. Likewise, any housing code or building code violations that may exist, would not be cured by performing the seismic improvements alone. Owners would have to use their own financial resources or private financing for these improvements. Also, the ability of owners to borrow money from HUD is clearly dependent upon the current encumbrances on the property and their ability to repay. Because of the confidential nature of each owner's financial situation, staff is unable to assess the extent to which owners will quality for the 312 Loans. FUNDING SOURCE: Facade Grants: 1. CDBG Account 894856, Rehabilitation Loans: $450,000 2. CDBG Account 894842, Relocation Benefits: $400,000 $850,000 Seismic Loans: The federal 312 Loan Program as the source of the principal amount of the .loans and the Redevelopment Agency administrative budget for the staff costs to assist property owners in .applying for the loans. ALTERNATIVE ACTION: :Make CDBG funds available on a loan, instead of grant, basis. This may limit the arnount of property owner participation. ATTACHMENTS: 1. Summary of Participants and Roles in processing 312 Loans. 2. Outline of the requirements of the 312 Loan Program. PEC/DLB/SVK:sar 2469r _ 3 . .I SECTION 312 LOAN PROGRAM. The following is an approximate time-frame for the processing of a Section 312 HUD Loan. The schedule is based on information provided by United States Escrow who has experience. in .the administration of the Section 312 Loan Program.:. The actual time required for processing the loan will vary due to reliance on mortgage holders returning x verification forms promptly, availability of appraisers and contractors, and the applicants time required for completing the application forms. Time requirements for Section 312 Loan processing: r. 1. Contact and interview with property owner, distribute application form. 1 day 2. Receive application and complete checklist for application. l day 3. Transmit completed application to United States Escrow (U.S.E.) for loan analysis. U.S.E. completes loan analysis and application is packaged for City to transmit to HUD. 4 weeks ' r� .t, 4. Obtain property appraisal and contractor proposal to include in HUD submittal package. 2 weeks 5.- Submit complete application package to HUD for loan. determination. HUD approves loan and authorizes the tt City to execute loan documents. 2 weeks - 6. Upon HUD loan approval, request U.S.E. to prepare loan documents. l week 7. Ezecution.of loan documents and required 3 day recision period, .1 week k Z3 8. Loan funds available for payment as requested by the City. 4 days * Total time required from intake to fund disbursement 10 weeks, 6 days t 7.• 2470r J ;.i si x :i N SECTION 312 REHABILITATION LOAN PROGRAM GENERAL TERMS A. Maximum Loan Term Can"not exceed ( 20 ) years or 3/4 of the remaining useful -life of property , whichever is less . B. Interest Rate 1 . Owner-occupant of one-to-four unit property whose income does not exceed 80% of area median income , adjusted_ for family size, the interest rate is 3% (extraordinary medical expenses may be backed-out of income to. qualify for .3% loan . 2 . . Cooperatives where all units are' -occupied by members and where _80% of residents have a family income below 80% of the. median are eligible for a 3% "loan . 3 . All other borrowers. -- interest rate is based on the yield of government securities for the term- most comparable to the 312 loan term.' C . Fees and Charges 1 . Application ..fee of $200 for single-family properties (both for owner-occupant and investor-owner.) . 2 . Application fee of $300 for other kinds' of loans . D. Risk Premium All 312 loan borrowers must pay a one percent per annum risk premium.. E. Maximum Loan Amount 1 . On single or multi-family property loan amount cannot exceed; a . $33 , 500 per dwelling unit, or b. .$25 , 000 per"'�dwel.Iing unit in congregate. housing, or C . $15 , 000 per dwelling unit in single-room occupancy, or I ( 1 ). for 3% loans, the discounted value of the 312 loan, plus full value of all other senior debt cannot exceed 80% of the after rehab value: ( 2) for treasury rate 'J oans , the full value of the 312 loan=,plus full value of all senior debt cannot exceed 90% of the after rehab value. 2 . Non-residential loan limit cannot exceed the limit of a . $100 ,000 , or b. total cost of rehab 'eligible. under Section 312 regulations, or C . the . full value - of the 312 loan plus full value of all senior -'debt cannot exceed 90% of the after rehab value . 3 . Minimum monthly payment At least $20 per month. - 4 . Maximum Dwelling units per loan:. 99 residential dwell"ing'--un-its . _ 5 . Lien priority 312 loan should be as senior as possible; always superior to CDBG loan. 6 . P.rohibition . of combining Section 312 loan funds with Rental Rehab Program funds. SECTION 312 REHABILITATION LOAN PROGRAM ELIGIBLE COSTS A. Items which must be included 1 . Accrued interest on. Section 312 loan during construction period 2 . Real Estate Taxes and Hazard Flood Insurance 3 . Liability and Worker' s Compensation ' Insurance for borrowers acting as their own general contractor 4 . Section 312 Application Fee , a . $200 for 1 to 4 unit residential proper- ties b. $300 for all other borrowers B . Items which must be included in 312-assisted projects and may be included in 312 loans 1 . Local rehab standards 2 . Cost effective energy standards 3 . Historic preservation standards 4 . Others (�dui r811A') a'. ca4L-i-� to environmental requirements b. flood proofing c . remedying identified lead-based paint haz- ard d . accessibility to the physically handi- capped ( for non-residential only) e. termite inspection and repairs from ter- mite infestation C. Items which may be included 1 . Removing incipient deficiencies (correct or -remove problems which would reasonably be expected to deteriorate into deficiencies within; two% [ 21, years ) 2 . General property improvements which are reasonable and customary for the area and are not, considered' luxurious 3 . Encourage quality . repair NOTE: General. property improvements cannot exceed 40% of the 312 loan 4 . Land acquisition -- only if required to bring the property into conformance with local code require- ments for minimum lot size and dimension 5 . Professional services -- architec:tu.ral , engineering, x and related services - .a 6 . Processing and settlement .costs a. building permits and fees b. , origination fees , C . credit report d. fees for acceptable title evidence, ' corrective , title work', legal fees.;. e . fees for recording legal. documents f. appraisal fees , 'g . fees for i-ndependent rehab cost estimate 7 . Contingency reserve of 10% (self-help is 150 ) of D. Items not to be included in 312 loans 1 . Cost of staffing or administering the loan 2 . work equivalent to new construction or reconstruc- tion 3 . Developers fees and marketing costs 4 . Luxury items 5 .-1 Personal property or furnishings 6 . Payment of delinquent taxes or assessments 7 . Borrower ' s labor E. Refinancing allowed on one to four owner-occupant properties . May not exceed 50% of the total loan. _45 M COUNQLCTION` - -- - / / c' 19 RH o8-84 77 Date December 19, 1989 Submitted to: CITY CLERK Honorable ayo and City Council Members Submitted by: Paul Cook, City Administrator Prepared by: Douglas La Belle, Deputy City Administrator/Economic Developme t Subject: FACADE GRANT PROGRAM FOR MAIN—PIER PROJECT AREA Consistent with Council Policy? [ ] Yes ( ] New Policy or Exception Statement of Issue, Recommendation, Analysis, Funding Source, Alternative Actions, Attachments: STATEMENT OF ISSUE: At its joint study session with the Planning Commission on January 25, 1988, the City Council directed staff to prepare a recommended program of financial incentives for owners of buildings subject to the seismic safety ordinance. On February 16, 1988, a seismic and facade improvement loan program for the Main—Pier.Redevelopment Project. Area was submitted for Council review. This report recommends.-modifications to the February 16, 1988, proposal with respect to.this program. RECOMMENDATION: 1) Authorize staff to implement a facade improvement program within the Main—Pier Project.Area on a "demonstration block" bounded by Main & Sth Streets,.Olive and Walnut Avenues. 2) Approve facade rehabilitation grarits for eligible property owners in amounts not to exceed: a) $15,625.($625/linear front foot) for 2S' single—story structures b) $31,250 ($625/linear front foot) for 50' single—story structures c) $21,875 ($875/linear front foot) for 2S' two—story structures d) $43,750 ($875/linear front foot) for 50' two—story structures e) Grants for exposed side and rear facades will not exceed $200/linear foot; must be applied to side and rear improvements f) $50,000 for corner property at Walnut and Main ($625/11near foot for side and front facade; $200/linear foot for rear facade) 3) Approve a budget:not to exceed $800,000 for the facade improvement grant pr araip. rn Z 4) Approve change in the funding source for this project from the current CDBG — residential rehabilitation program (previously approved funding source). Instead,,fun>inrn this project from funds been paid to the Agency by Mola Corporation for land N m acquisition for the Town Square project. o o -•o v nin clot S) Authorize financial assistance in amounts equal to the facade grant program for those property owners who prefer to construct new improvements rather than rehabilitate their property. 6) Apply current parking requirements only to the extent .that rehabilitation or new construction results in increased square footage above that which currently exists within each building on the demonstration block. 7) Authorize a SO% reduction of in-lieu parking fees to be assessed for required parking. Fees to be amortized over a five-year period at an interest rate of 8%. ANALYSIS: Initially, staff recommended that the Federal Government Section 312 loan program be utilized to assist property owners in financing their seismic improvements on this block. This program was to be coupled with a facade grant program using Community Development Block Grant funds. In developing implementation procedures for this program, it became apparent that the complex Section 312 loan program requirements would be difficult to administer for this project. Further, the use of Community Development Block Grant funds (which require that Davis-Bacon prevailing wages be verified for each construction project) also would .present administrative problems and additional costs that could-.limit the success of the program. The current proposal will.provide-a facade improvement grant.to.participating property owners subject to their compliance with seismic and building code requirements, downtown design guidelines, and maintenance requirements. Grant funds will be•disbursed as improvements are.completed in accordance with an Owner Participation Agreement to be entered into between the Redevelopment Agency of•the City of.Huntington Beach.and the participating property owners. f Public improvements are recommended to support the demonstration block facade improvement plan including undergrounding of utilities, repaving and lighting in the alley, and new sidewalk treatments. During the preparation of this program, a number of property owners on the Main Street edge of the demonstration block requested consideration of plans to construct new improvements on the site. It is recommended that financial assistance, at the same level proposed for facade improvements, be provided to property owners who wish to construct new buildings on the Main Street edge of the demonstration block. New construction will, of course, be required to follow downtown design guidelines and meet all building code requirements. As an additional inducement to the property owners to participate in this program, it is recommended that parking requirements be deemed met for all existing uses and for all new uses, providing that the square footage which currently exists is not exceeded. Any additional building area created through rehabilitation or through new construction will be required to meet current parking requirements onsite or pay in-lieu of parking fees. The in-lieu of parking fee has been established at $12,000 per space to be adjusted annually at the rate of construction cost increases determined by the Engineering News Records. However, to provide an additional incentive for property owners within this demonstration block to rehabilitate or reconstruct their buildings, we are recommending that the in-lieu of parking fee be reduced by fifty percent amortized over a five-year period at an interest cost of eight percent. V It is recommended that the grant program and parking incentives be made available to property owners within the demonstration block for a one-year period. Facade Improvement Grant Programs have been an effective stimulus for downtown redevelopment in many other cities including Costa Mesa, Fullerton, and Santa Ana. However, the success of this program will depend totally on the degree of participation by the property owners. In the opinion of staff, the incentives proposed herein will generate a high-level of participation. FUNDING SOURCE: Payment to Agency from Mola Corporation for land acquired for Town Square project (estimated 1988/89 revenue: $1,000,000). ALTERNATIVE ACTION: 1) Provide no assistance for facade rehabilitation or new construction. This approach would allow for continued deterioration of the properties within the demonstration block. 2) Make funds available on a loan basis instead of in-lieu of a grant or make loans and/or grants available in amounts less than recommended. This approach would limit the level of property owner participation and make the project more difficult to administer. :ATTACHMENTS: 1) Proposed Project Budget. PEC/DLB/lp 4272h COST ESTIMATES FOR SECOND BLOCK REHAB One Story $ 625 LF $15,625 = 25' lot $31,250 = 50' lot Two Story $ 875 LF $21,875 = 25' lot $43,750 = 50' lot Rear do Side Exposed Facades $ 200 LF Must be applied to rear do side rehab work Single Story Front 300' @ $ 625 $187,500. Two Story Front 215' @ $ 875 $188,125 Exposed Rear be Side 1,128' @ $ 200 $225,600 Corner Lot ..80' @. $ 625 $ 501000 1,723' $651,225 Shank House Two Story 192' x $875 $168,000 $8191225 . Program Design/Administration Cost $30,775 850 000 KBB:jr 3824r -Page 9 - Council /Ag ..` ainutes - 12/19/88 ^ (City Council ) PUBLIC FACILITIES CORPORATION BOARD OF DIRECTORS APPOINTMENT APPROVED = MICHAEL K: TIERNEY The City Clerk presented a communication from the Finance Director trans- mitting the . recommendation of the Public Facilities Corporation that the City Council ratify the appointment by the Public Facilities Corporation of Michael K. Tierney to the Public Facilities Corporation Board of Directors filling a vacant directorship for a term expiring July 24, 1991 . A resume dated September 7 , 1988 from Michael Tierney had been submitted to Council in the City Administrator' s December 16, 1988 (City Administrator Communication) . Following discussion , a motion was made by MacAllister, seconded by Silva, to approve the appointment of Michael K. Tierney to the Public Facilities Corpor- ation Board of Directors . The motion carried by the following roll call vote: AYES: MacAllister, Green, Winchell , Bannister, Mays , Silva, Erskine NOES: None ABSENT: None FACADE GRANT PROGRAM FOR MAIN-PIER PROJECT AREA - APPROVED - APPLY CURRENT PARKING REQUIREMENTS - APPROVED - 50% REDUCTION OF IN-LIEU PARKING FEES TO BE ASSESSED FOR REQUIRED PARKING - APPROVED - (#8) The City. Clerk presented a communication from the Deputy City Administrator/ Economic Development . regarding- .a. Facade Grant Program for the Main-Pier -Redevelopment Project Area. The .Deputy City .Administrator/Economic Development requested that the Health. and. Safety Code .334:33 Report,. and all related documents , be made a part of the record. - Marilyn Whisenand, Redevelopment Specialist Consultant, presented a report. .A Request for City Council Action dated December 19, 1988 submitted by Paul Cook, City Administrator, had been submitted to Council in the City Admin- istrator' s December 16 , 1988 RCA. A motion was made by Erskine, seconded by Bannister, to take the following actions : (1 ) Authorize staff to implement a facade improvement program within the Main-Pier Project Area on a "demonstration block" bounded by Main & 5th Streets , Olive and Walnut Avenues . (2) Approve facade rehabilitation grants for eligible property owners in amounts not to exceed: a) $15 , 625 ($625/linear front foot) for 25' single-story structures b) $31 ,250 ($62511inear front foot) .,for 50' single-story structures c) $21 ,875 ($875/linear front foot) for 25' two-story structures d) $43,750 ($875/linear front foot) for 50' two-story structures oil.a 111'_p 1 : . Vie H IFDI�nnuxc BENCxE!•' ji BIIO)l IBRlM CONCRE I[WI 3WOIN y-c:.,. 1.': { y=11,.,�._..�s•�;": / rwsx BAND .<.'• •'w:.,-':':'Y '__'Y} '•'1-'� `._.--._ .. {1a ; '••y � ii ;: I it I���. f�;. _ � i G .rf-..\: �ili,..+•" -vl' �:Y:il. .:b:n✓' ':aj ..k;":a:;t.n .�.... ,•,-ir.•..�; :rf:., c 11�S::i .4frY. a;a• .�A i�:U::-.f;;,:\,'sy.l:.v:�'� 'rvoi c&.eniri"eviiE—�R;4 .. '�� . . ��'� ; .-.F <�d: , `� I. ... 1 •'• ML4 WOUPCID M•-�r+A. �•_ . RAVED RLANIER .`\.... •..:...:..: �� � •.�::.� -ALL DETABlIE lliE AMEMITiE! . - f,• •:1 �r�'�� A7 PER CITY]iANDARD• >'! BARPE:R RA4NG•_�-� 1 M. awl CANOPY TREE DI IPEEWEII {.'+,••• '' ,' .:}A :'' W ERrEAIURE_ ••�I ' .4 Irk •t E -I• r , IN STREET " CITY OF HUNTINGTyyO--NN�BEACH _ va- 1-o• _ 411 / ° �L`�L� U� �UL/U�V - ' C:) ` fir _ .t . . .. I, City of Huritin to-n B-each ?'WA 215'/z MAIN STREET "CALIFORNIA'92648 HUNTINGTON BEACH REDEVELOPMENT AGENCY OFFICE OF THE EXECUTIVE DIRECTOR November 13 , 1989 'K r Mr . Douglas M. Langevin 8196 Pawtucket Drive :.r; Huntington Beach, CA` 92646 >, SUBJECT: GRANT PROGRAM & PROPERTY AT 217 MAIN STREET Dear Doug, xy The December 31 , 1989 deadline for property owners to participate in the 2nd Block Facade Rehabilitation/New 'Construction Grant .Program is quickly approaching .. In order to take_:advantage. of. the financial: incentives- ..o.f_:fered asp a_ part- of this -program (i..e. facade grant_ and-, 5.0% reduction of the { in--lieu.. parking � fees ) it- is - necessary that. the.:. enclosed' interest - 5d form be .filed out and returned to, . mv,- office by- 5`: 00­pm Monday November -20 ,_ 1989 . . .0 If,' no" r.eply-_ is .received by the time - _stated above it . will .. be.- considered that you have- chosen' to not participate. For ' those that may choose not .to participate and would. like to explain why, please feel free to state your reasons .on the enclosed interest form: N. If you have any questions please call myself or Pat Spencer at 969- 21.85 . I look forward to your reply. =c ' i Sincerely, .r Keith B. Bohr Project Manager KBB: kjl Attachments xc : Pat Spencer Marilyn Whisenand Mike Adams Telephone (714) 969-2185 t City of Huntington Beach tT 1 , ,may p n 'aA y1.Lh .'S.'}l�ilirYAti4L'`Nl. d' - I.CN C 215'/2 MAIN STREET CALIFORNIA 92648 N BEACH REDEVELOPMENT AGENCY ----- - -' HUNTINGTO _ OFFICE OF-THE EXECUTIVE DIRECTOR November 21., 1989 Mr. -Douglas M. Langevin 8196 Pawtucket Drive Huntington Beach, CA 92648 Dear Doug: RE: Grant Paogram Letter Dated November 13, 1989 At the City Council/Redevelopment Agency meeting of November 20 , 1989, the Agency took action to extend the deadline for the grant program from November 20 ,_ 1989, to .December 15 , 1989. I believe this additional three weeks will help you decide whether to take advantage of the financial incentives offered. Again, it is necessary that--you complete the enclosed. interest form and return it to my office. by no later that Friday, y December 15, -1.989: Staff would be happy. to -answer any . questions or concerns that you might have. Keith Bohr, Project Manager, will return from vacation on November 29 and Pat Spencer is available to assist you during Keith' s absence. Thank you for your continued cooperation. I look forward to hearing from you soon. Sincerely, Paul E. Cook Executive Director PEC:kjl xc : Pat Spencer Keith B. Bohr Marilyn Whisenand s t Telephone"(714) 969-2185 ' REQUEST FOR REDEVELOPMENT = ENCY ACTION "PROVED BY CITY COUNCIL RH 90-20 19.20 ate April 16, 1990 C Y ERK c � 2 Submitted to: Honorable Chairman and Redevelopment Agency Members =' m ; Submitted by: Michael T. Uberuaga, Executive Director�,"t- 11 � _ .M< Prepared by: Charles P. Spencer, Director of Housing & Redevelopme x o Subject: FACADE GRANT PROGRAM . c.a C= T Consistent with Council Policy' [ ] Yes [ ] New Policy or Exception Statement of Issue, Recommendation, Analysis, Funding Source, Alternative Actions, Attachments: STATEMENT OF ISSUE: On December 4, 1989, the Redevelopment Agency authorized staff to extend the original 2nd Block Facade Grant Program from December 31, 1989 to March 31, .1990 (RAA attached). At least one property owner has expressed an interest in having the deadline extended further. RECOMMENDATION: 1) Authorize staff to extend the 2nd Block Facade Grant/New Construction Grant Program from March 31, 1990 to May 15, 1990. 2) Authorize staff to allow property owners to defer actual commencement of construction until October 1, 1990. ANALYSIS: On December 19, 1988, the Agency adopted the existing Grant Program for the block bounded by Main and Fifth Streets, Walnut and Olive Avenues (Demonstration Block - RAA attached) . Excluding the Redevelopment Agency, there are twelve (12) property owners in the subject block. To date, staff and consultants have been working with nine (9) property owners to facilitate their participation in the program. Of those, five (5) have fully executed OPAs, and three (3) have executed OPAs which are scheduled to be reviewed by the Agency on April 16 or May 7, 1990. The remaining property owner currently has an 180-day Exclusive Negotiation Agreement with the Agency to negotiate a business deal, which will culminate into a Disposition and Development Agreement for the Agency's two parcels located at 214 Fifth Street. These two parcels are adjacent to the two parcels currently owned by property owner, and with execution of a DDA, all four parcels will be consolidated, resulting in one unified development fronting Fifth Street. P10/1/85 r , For the Agency's reference, a site plan depicting property owner participation or non participation, is attached. FUNDING SOURCE: Previously encumbered funds from Redevelopment Agency Account No. E-TM-ED-902-6-31-00. ALTERNATIVE ACTION: Do not approve a 45-day extension to the Facade Grant Program deadline, and allow only the property owners who previously responded the opportunity to participate. ATTACHMENTS: 1) RCA dated December 4, 1989. 2) RCA dated December 19, 1988. 3) Site Plan MTU/KBB:lp 0270h REQUEST FOR REDEVELOPMENT AGENCY ACC I ION RH 89-106 Date December 4, 1989 Submitted to: HONORABLE CHAIRMAN AND REDEVELOPMENT AGENCY MEMBERS Submitted by: PAUL E. COOK, EXECUTIVE DIRECTQ7n� Prepared by: PAUL E. COOK, EXECUTIVE DIRECTOR Subject: FACADE GRANT PROGRAM FOR MAIN-PIER PROJECT AREA Consistent with Council Policy? [X) Yes [ I New Policy or Exception Statement of Issue, Recommendation, Analysis, Funding Source, Alternative Actions, Attachments: , ^� STATEMENT OF ISSUE: On February 16 , 1989 a Facade Improvement Grant Program was approved for the buildings located within the block bounded by Main and .Fifth Streets , Walnut and Olive Avenues (Demonstration Block) . This program was modified by your action of December 19; 1988 to include financial assistance in amounts equal to the Facade Grant Program for those property owners who prefer to construct new improvements rather than -ehabilitate their properties . These program modifications and other ncentives were to be made available for a one-year period, in that the. owners would need to have Owner Participation Agreements executed and construction begun within that time period- RECOMMENDATION.: Authorize staff to extend the original program deadline of December 31 , 1989 to March 31 , 1990 . ANALYSIS: During this last year , Redevelopment staff has communicated with property owners who are eligible for the Facade Grant Program bounded by Main and Fifth Streets , Olive and Walnut Avenues . The property owners have been notified and all financial incentives of the program offered to them. Further, our consultants have met with them individually to discuss their concerns and the possibility of participation . On November 20 , 1989, the Agency by minute action voted to extend the deadline for interest form submittals to December 15, 1989 . At this time, staff would request a 90-day extension to the program' s deadline of December 31 , 1989 to March 31 , 1990 . This additional time gill allow us to continue negotiations with remaining property owners , nd process Owner Participation Agreements . A REQUEST FOR CITY COUNCIL ACTION ' RH 88-07 Date February 16, 1988 Submitted to: Honorable Mayor and City Council Members Submitted by: Paul E. Cook, City Administrator Prepared by: Dodglas N. La Belle, Deputy City Administrator/Community Developme SEISMIC AND FACADE IMPROVEMENT LOAN PRi Subject: MAIN-PIER PROJECT AREA f►`� D E1: CITY �'OuN- 19s I Consistent with Council Policy? [ J Yes New Policy or E.6eption-C.* j .\ Y-- -- 7 c 17- Statement of Issue, Recommendation, Analysis, Funding Source, Alternative Actions, Attac men . — STATEMENT OF ISSUE: At its joint study session with the Planning Commission on January 25, 1988, the City Council. directed staff to prepare a recommended program of financial incentives for owners of buildings subject to the Seismic Safety Ordinance. Presented herewith is such,_a program for the :Main-Pier Redevelopment Project Area. RECOMMENDATION: r 1. Authorize staff to commence participation in the federal 312 Loan Program and to assist property owners in the preparation of construction cost estimates, appraisals, and loan- application documents for improvements required by the Seismic Ordinance. 2. Authorize staf f to sec:rrre facade easements from property owners in exchange for a facade improvement grant not-to-exceed $1 5,625 for 25 foot lots and $31,250 for 50 foot lots (except corner lots) with a priority for participation for owners of properties in the block bounded by Main, Olive, Fifth, and Walnut. 3. Reprogram $450,000 from the current CDBG residential rehabilitation program and $400,000 from the ."Relocation" account of the CDBG Program to use in the facade grant program. 4. Require as a condition of participation in the facade grant program that property owners cooperate in the formation of a uniform facade treatment consistent with the Downtown Design Guidelines and/or the Historic Rehabilitation Guidelines published by the. U. S. Department of Housing and Urban Development as appropriate for each property. R H 88-07 February 16, 1988 - Page Three It is irnportant to note that, while staff believes that the seismic loans and facade grants will make a marked improvement`to the safety and appearance of the downtown area, these sources alone may not be sufficient to rectify all code. violations. For example, new plumbing and mechanical systems may be required and could not be funded through this proposed program. Likewise, any housing code or building code violations that may exist, would not be cured by performing the seismic improvements alone. Owners would have to use their own financial resources or private financing for these improvements. Also, the ability of owners to borrow money from HUD is clearly dependent upon the current encumbrances on the property and their ability to repay. Because of the confidential nature of each owner's financial situation, staff is unable to assess the extent to which owners will quality for the 312 Loans. FUNDING SOURCE: Facade Grants: 1. CDBG Account 894856, Rehabilitation Loans: $450,000 2. CDBG Account 894842, Relocation Benefits: $400,000 $850,000 Seismic Loans: The federal 312 Loan Program as the source of the principal amount of the loans and the Redevelopment Agency administrative budget for the staff costs to assist property owners in applying for the loans. ALTERNATIVE ACTION: Make CDBG funds available on a loan, instead of grant, basis. This may limit the amount of property owner participation. AI TACHNIEN 1'S: I. Sunimary of Participants and Roles in processing 312 Loans. Outline. of the requirements of the 3.12 Loan Program. P1.4 ./I)l_Il/SVK:s.ir 21i6`�r f SFCTION 312 REEABILITATION LOAN PROGRAM GENERAL TERMS A . Maximum Loan Term Cannot exceed ( 20 ) years or 3/4 of the remaining useful life of property , whichever is less . B . Interest Rate 1 . Owner-occupant.. of one-to-four unit property whose income does not exceed 80% of area median income , adjusted for family size , the interest rate is 3% ( extraordinary medical expenses may be backed-out of income to qualify for 3% loan . 2 . Cooperatives where all units are occupied by members \ and where 80% of residents have a family income be.low 80% of the median are eligible for a 3% loan . 3 . All other borrowers -- interest rate is based on the { yield of government securities for the term most comparable to the 312 loan term . C . Pees and Charges 1 . Application fee of $200 for single-family properties ( both for owner-occupant and investor-owner ) . 2 . Application fee of $300 for other kinds of loans . D . Risk Premium All 312 loan borrowers must pay a one percent per- annum risk premium . 1: . M.I x i miiin Loan AmollnL 1 . can ,; ins+ le or multi-family property loan amount c:,innot:. exceed ; � . $33 , 500 per dwelling unit , or •* b . ' $25 , 000 'per.* tdw.elling unit in . :congregate_ : ? ' -• , ..:..,,.,;..,..,r housing , or C . $15 , 000 per dwelling unit in single-room occupancy , or �� + SECTION 312 REHABILITATION LOAN PROGRAM ELIGIBLE COSTS A . Items which must be included I . Accrued interest on Section 312 loan during construction period 2 . Real Estate Taxes and Hazard Flood Insurance 3 . Liability and Worker ' s Compensation Insurance for borrowers acting as their own general contractor 4 . Section 312 Application Fee . a . $200 for 1 to 4 unit residential proper- ties b . $300 for all other borrowers D . Items which must be included in 312-assisted projects and may be included in 312 loans 1 . Local rehab standards 2 . Cost effective energy standards 3 . Historic preservation standards 4 . Others 0 a . co4il---.rm to environmental requirements b . flood proofing C . remedying identified lead-based paint haz- a t-d d accessibility to the physically handi- capped ( for non-residential only ) e . termite inspection and repairs from ter- mite infestation 1 r !I 4 . Luxury items 5 . " Personal property or furnishings 6 . Payment of delinquent taxes or assessments 7 . Borrower ' s labor E . Refinancing allowed on one to four owner-occupant properties . May not. exceed 500 of the total loan . F �1 5) Authorize financial assistance in amounts equal .to the facade grant program for those property owners who prefer to construct new improvements rather than rehabilitate their property. G) Apply current parking requirements only to the extent that rehabilitation or new construction results in increased square footage above that which currently exists within each building on the demonstration block. 7) Authorize a 50% reduction of in—lieu parking fees to be assessed for required parking. Fees to be amortized over a five—year period at an interest rate of 8%. ANALYSIS: Initially, staff recommended that the Federal Government Section 312 loan program be utilized to assist property owners in financing their seismic improvements on this block. "phis program was to be coupled with a facade grant program using Community Development Block Grant funds. In developing implementation procedures for- this prograrn, it became apparent that the complex Section 312 loan program requirements would be difficult to administer for this project. Further, the use of Community Development Block Grant funds (which require that Davis—Bacon prevailing wages be verified for each construction project) also would present administrative problems and additional costs that could limit the success of the program. { The current proposal will provide a facade improvement grant to participating property owners subject to their compliance with seismic and building code requirements, downtown design guidelines, and maintenance requirements. Grant funds will be disbursed as improvements are completed in accordance with an Owner Participation Agreement to be entered into between the Redevelopment Agency of the. City of Huntington Beach and the participating property owners. Public improvements are recommended to support the demonstration block facade improvement plan including undergrounding of utilities, repaving and lighting in the alley, and new sidewalk treatments. During the preparation of this program, a number of property owners on the Main Street edge of the demonstration block requested consideration of plans to construct new improvements on the site. It is recommended that financial assistance, at the same level proposed for facade improvements, be provided to property owners who wish to construct new buildings on.the Main Street edge of the demonstration block. New construction will, of course, be required to follow downtown design guidelines and. meet all building code requirements. As an additional inducement to the property owners to participate in this program, it is recommended that parking requirements be deemed met for all existing uses and for all new uses, providing that the square footage which currently exists is not exceeded. Any additional building area created through rehabilitation or through new construction will be required to meet current parking requirements onsite or pay in—lieu of parking fees. The in—lieu of parking fee has been established at $12,000 per space to be adjusted annually at the rate of construction cost increases determined by the Engineering News Records. However, to provide an additional incentive for property owners within this demonstration 3 block to rehabilitate or reconstruct their buildings, we are recommending that the in—lieu oi- parking fee be reduced by fifty percent amortized over a five—year period at an interest cost of eight percent. �� �' COST ESTIMATES FOR SECOND BLOCK REHAB One Story $ 625 LF $15,625 = 25' lot $31 ,250 = 50, lot Two Story $ 875 Lf $21,875 = 25' lot $43,750 = 50' lot Rear Side Exposed Facades $ 200 LI' Mist be applied to rear do side rehab .,ork Single Story Front 300' @ $ 625 $187,500 Two Story Front 215' @ $ 875 $188,125 Exposed Rear do Side 1 ,1 28' @ $ 200 $225,G00 Corner Lot 80' @ $ 625 $ 50,000 1,723' $651,225 Shank House Two Story 192' x $875 $168,000 $819,225 Program Design/Administration Cost $30,775 850 000 KBO:jr 3824r 1� x �• U Fe E4 a( 43 _ j. :Y.• :31.�'.�::^.:4: ail!(:``. ..t•Y �. • fr'� L. 'jf�_' _ i _ 1• _�.� .Twy. 1�.. +grT.L„i!}r-)•'•'+�,:':'.�• ,IYO[LMfJ1(wi,WIL—K�:R•'L. `..� �... �.•' � •'• .a IQUfY(YwO.I10• � 1•• ' . C.rOIT 1R((F 111F[TY(Ll—..rs )l . i IN STREET CITY OF HUN_TINGTON BEACH City of Huntington Beach . `r r. 215'/s MAIN STREET CALIFORNIA 92648 - -- HUNTINGTON BEACH REDEVELOPMENT AGENCY OFFICE OF THE EXECUTIVE DIRECTOR November 21 , 1989 Mr . Douglas M. Langevin 8196 Pawtucket Drive Huntington Beach, CA 92648 Dear Doug : RE: Grant Program Letter Dated November 13, 1989 At the City Council/Redevelopment Agency meeting of November- 20 , 1989 , the Agency took action to extend .the deadline for the grant program from November 20 , ' 1989, to December 15 , 1989 . I believe this additional three weeks will help you decide whether to take � . ` advantage of the financial incentives offered. Again , it is necessary that you complete the enclosed interest form and return it to my office by no later that Friday, December 15 , 1-989. Staff would be happy to answer any questions or concerns that you might have . Keith Bohr , Project Manager, will return from vacation on November 29 and Pat Spencer is available to assist you during Keith ' s absence . Thank you for your continued cooperation . I look forward to hearing from you soon . Sincerely , maul L . Cook Executive Director PEC : kjl xc : Pat Spencer Keith B . Bohr Marilyn Whisenand Telephone (714) 969-2185 r l ATTACHMENT 1 MT COUNCIL ACTION / _ 19 S RH 88-84 Date December 19, 1988 CITY cLERK Submitted to: Honorable ayo and City Council Members Submitted by: /'j Paul Cook, City Administrator � �, Prepared by: Douglas La Belle, Deputy City Administrator/Economic Developme t Subject: FACADE GRANT PROGRAM FOR MAIN-PIER PROJECT AREA Consistent with Council Policy? [ ] Yes [ ] New Policy or Exception Statement of Issue, Recommendation, Analysis, Funding Source, Alternative Actions, Attachments: STATEMENT OF ISSUE: At its joint study session with the Planning Commission on January 25, 1988, the City Council directed staff to prepare a recommended program of financial incentives for owners of buildings subject to the seismic safety ordinance. On February 16, 1988, a seismic and facade improvement.loan program for the Main-Pier Redevelopment Project Area was submitted.for Council review. This report recommends modifications to the February 16, 1988, proposal with respect to this program.- RECOMMENDATION: 1) Authorize staff to implement-a facade improvement program within the Main-Pier Project Area on a "demonstration block" bounded by Main.& 5th Streets, Olive and Walnut Avenues. 2) Approve facade rehabilitation grants for eligible property owners in amounts not to exceed: a) $15,625.($625/linear front foot) for 25' single-story structures b) $31,250 ($625/linear front foot) for 50' single-story structures c) $21,875 ($875/linear front foot) for 25' two-story structures d) $43,750 ($875/linear front foot) for 50' two-story structures e) Grants for exposed side and rear facades will not exceed $200/linear foot; must be applied to side and rear improvements f) $50,000 for corner property at Walnut and Main ($625/1inear foot for side and front facade; $200/linear foot for rear facade) 3) Approve a budget not to exceed $800,000 for the facade improvement grant pr@BraT. rn i 4) Approve change in the funding source for this project from the current CDBG � e- residential rehabilitation program (previously approved funding source). Instear, funds, this project from funds been paid to the Agency by Mola Corporation for land acquisition for the Town Square project. - u, >-) O , 7v CA/ Din G/RG 5) Authorize financial assistance in amounts equal to the facade grant program for those property owners who prefer to construct new improvements rather than rehabilitate their property. 6) Apply current parking requirements only to the extent that rehabilitation or new construction results in increased square footage above that which currently exists within each building on the demonstration block. 7) Authorize a 50% reduction of in-lieu parking fees to be assessed for required parking. Fees to be amortized over a five-year period at an interest rate of 8%. ANALYSIS: Initially, staff recommended that the Federal Government Section 312 loan program be utilized to assist property owners in financing their seismic improvements on this block. This program was to be coupled with a facade grant program using Community Development Block Grant funds. In developing implementation procedures for this program, it became apparent that the complex Section 312 loan program requirements would be difficult to administer for this project. Further, the use of Community Development Block Grant funds (which require that Davis-Bacon prevailing wages be verified for each construction project) also would present administrative problems and additional costs that could limit the success of the program. The current proposal will provide a facade improvement grant to participating property owners subject to their compliance with seismic and building code requirements, downtown design guidelines, and maintenance requirements: Grant- funds-will be disbursed as improvements are completed in-accordance-with an Owner:Participation Agreement to be entered into between the Redevelopment--Agency of.the.City of.Huntington Beach.and the participating property owners. Public improvements are recommended to support the demonstration block facade improvement plan including undergrounding of utilities, repaving and lighting in the alley, and new sidewalk treatments. During the preparation of this program, a number of property owners on the Main Street edge of the demonstration block requested consideration of plans to construct new improvements on the site. It is recommended that financial assistance, at the same level proposed for facade improvements, be provided to property owners who wish to construct new buildings on the Main Street edge of the demonstration block. New construction will, of course, be required to follow downtown design guidelines and meet all building code requirements. As an additional inducement to the property owners to participate in this program, it is recommended that parking requirements be deemed met for all existing uses and for all new uses, providing that the square footage which currently exists is not exceeded. Any additional building area created through rehabilitation or through new construction will be required to meet current parking requirements onsite or pay in-lieu of parking fees. The in-lieu of parking fee has been established at $12,000 per space to be adjusted annually at the rate of construction cost increases determined by the Engineering News Records. However, to provide an additional incentive for property owners within this demonstration block to rehabilitate or reconstruct their buildings, we are recommending that the in-lieu of parking fee be reduced by fifty percent amortized over a five-year period at an interest cost of eight percent. It is recommended that the grant program and parking incentives be made available to property owners within the demonstration block for a one-year period. Facade Improvement Grant Programs have been an effective stimulus for downtown redevelopment in many other cities including Costa Mesa, Fullerton, and Santa Ana. However, the success of this program will depend totally on the degree of participation by the property owners. In the opinion of staff, the incentives proposed herein will generate a high-level of participation. FUNDING SOURCE: Payment to Agency from Mola Corporation for land acquired for Town Square project (estimated 1988/89 revenue:-$1,000,000). ALTERNATIVE ACTION: 1) Provide no assistance for facade rehabilitation or new construction. This approach would allow for continued deterioration of the properties within the demonstration block. 2) Make funds available on a loan basis instead of in-lieu of a grant or make loans and/or grants available in amounts less than recommended. This approach would limit the level of property owner participation and make the project more difficult to administer. ATTACHMENTS: 1) Proposed Project Budget. PEC/DLB/lp 4272h -Page 9 -- Council AS . ::, Minutes - 12/19/88 (City Council ) PUBLIC FACILITIES CORPORATION BOARD OF DIRECTORS APPOINTMENT - APPROVED - MICHAEL K. TIERNEY The City Clerk presented a communication from the Finance. Director trans- mitting the recommendation of the Public Facilities Corporation that the City Council ratify the appointment by the Public Facilities Corporation of Michael K. Tierney to the Public Facilities Corporation Board of Directors filling a vacant directorship for a term expiring July 24, 1991 . A resume dated September 7 , 19BB from Michael Tierney had been submitted to Council in the City Administrator' s December 16, 1988 (City Administrator Communication) . Following discussion, a motion was made by MacAllister, seconded by Silva, to approve the appointment of Michael K. Tierney to the Public Facilities Corpor- ation Board of Directors . The motion carried by the following roll call vote: AYES: MacAllister , Green, Winchell , Bannister, Mays , .Silva, Erskine NOES: None ABSENT: None FACADE GRANT PROGRAM FOR MAIN-PIER PROJECT AREA - APPROVED - APPLY CURRENT PARKING REQUIREMENTS - APPROVED - 50% REDUCTION OF IN-LIEU PARKING FEES TO BE ASSESSED FOR REQUIRED PARKING - APPROVED - (#8) The City Clerk presented a communication from the- Deputy City Administrator/ Economic Development regarding a Facade Grant Program for the Main-Pier Redevelopment Project Area. The Deputy City Administrator/Economic Development requested that the Health and Safety Code 33433 Report, and all related-documents , be made a part of the record. Marilyn Whisenand, Redevelopment Specialist Consultant, presented a report. A Request for City Council Action dated December 19, 1988 submitted by Paul Cook, City Administrator, had been submitted to Council in the City Admin- istrator' s December 16, 1988 RCA. A motion was made by Erskine, seconded by Bannister, to take the following actions : (1 ) Authorize staff to implement a facade improvement program within the Main-Pier Project Area on a "demonstration block" bounded by Main & 5th Streets , Olive and Walnut Avenues . (2) Approve facade rehabilitation grants for eligible property owners in amounts not to exceed: a) $15 , 625 ($625/linear front foot) for 25' single-story structures b) $31 ,250 ($625/linear front foot) -for 50' single-story structures c) $21 ,875 ($875/linear front foot) for 25' two-story structures d) $43 ,750 ($875/linear front foot) for 50'. two-story structures F I F T H STREET - ------- --'- �-fl�a ..'Ee14 —:m Err �. IW i.Sr rnafcr PIRIWG I I � I li i I I I , w z w I 0 FR.SNfII __rN1WFR_ }OS Y•nl }0>Y.W 303 Y.W i}I YRW 3}]Y.W •� OPA APPROVED ....... — �T�} MAIN STREET I�I"I"i •••^=w•-• OPA APPROVAL PENDING . "" FRwEnwouNO EWsiwc unuras "art_« . 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