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Public Hearing to Consider Approval of the Five Year Impleme (11)
f Council/Agency Meeting Held: Deferred/Continued to: Ap oved ❑ Conditionally Ap r ved ❑ Denied Ci lerk' Sig t e Uu S Council Meeting Date: 12/17/2007 Departmen D Number: ED 07-49 CITY OF HUNTINGTON BEACH REQUEST FOR REDEVELOPMENT AGENCY ACTION SUBMITTED TO: Honorable Chairman and Re evelopment Agency Members SUBMITTED BY: Peel prubreth-Graft DPAxecutive, Director PREPARED BY: Stanley Smalewitz, Deputy Executive Director VA SUBJECT: Conduct Public Hearing to Adopt the Five-Year Implementation Plan (2007-08 to 2011-12) Southeast Coastal Redevelopment Project Statement of Issue,Funding Source,Recommended Action,Alternative Action(s),Analysis,Environmental Status,Attachment(s) Statement of Issue: The California Redevelopment Law (California Health and Safety Code, §33490) requires Redevelopment Agencies to prepare and adopt Five-Year Implementation Plans. The Southeast Coastal Redevelopment Plan for the Southeast Coastal Project Area expires in 2007. The attached plan is submitted for public hearing and approval. Funding Source: None Required. Recommended Action: Motion to: 1. Conduct the public hearing as required; and 2. Approve the Five-Year Implementation Plan (2007-08 to 2011-12) Southeast Coastal Redevelopment Project. Alternative Action(s): 1. Do not approve the Five-Year Implementation Plan and recommend changes to the goals and objectives for the Southeast Coastal Redevelopment Project Area. Analysis: California Redevelopment Law (California Health and Safety Code, §33490) requires Redevelopment Agencies to prepare and, following a public hearing, adopt Five- Year Implementation Plans. The Five-Year Implementation Plan for the Southeast Coastal Redevelopment Plan expires in 2007. Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) 3 The City of Huntington Beach ("City") has focused on the revitalization and proactive planning of the Southeast section of the City. The City Council created the Southeast Area Committee ("SAC") in December 2000, which consists of a three member subcommittee of the City Council. The SAC provides a forum for citizens and City employees to discuss the issues and projects to improve the southeast area of the City. The SAC was instrumental in the formation of the Southeast Coastal Redevelopment Plan and continues to provide guidance on issues affecting the Project Area. The Agency adopted the Redevelopment Plan for the Project Area to address the environmental impacts of the closed Ascon landfill, and assist in creating a more efficient, less visually obtrusive AES Power Generating Facility or guide the future use of the site if the plant is no longer needed. ASCON LANDFILL SITE The City has been pursuing environmental remediation and reuse of the contaminated Ascon landfill site ("Ascon landfill" or "Landfill"), which is located at the southwest corner of Magnolia Street and Hamilton Avenue. This 38-acre site operated as an active landfill for 46 years and suffers from severe contamination. Contamination on the site can be attributed to both oil drilling operations and landfill operations. The Department of Toxic Substances Control ("DTSC") has identified drilling muds, wastewater brines, chromic acid, sulfuric acid, aluminum slag, fuel oils, and styrene at the Landfill. Remediating the site is very costly and some of the parties responsible for the contamination issues have refused to participate in the remediation planning and implementation. However, the site's environmental conditions are being addressed by several other parties under agreements with the California Department of Toxic Substances Control. AES Huntington Beach Generating Station The AES Generating Station was another major reason the Agency adopted the Redevelopment Plan for the Project Area. The AES Power Generating Facility ("AES Facility" or "AES") consists of 12-acres at 21730 Newland Street near the southeast corner of Newland Street and Pacific Coast Highway. The Facility is only approximately 600 feet from the Pacific Ocean and represents a major source of air pollution in the Project Area and a visual impediment in the Project Area. Despite approximately $150 million in necessary improvements to expand the Facility's capacity in 2001, the Facility is inefficient and continues to create significant air pollution. The environmental issues present on these two properties were the main reason for adopting the Project Area. These properties have also had a significant negative impact on the assessed values for single family homes, commercial and industrial properties within the immediate vicinity. The impact of these properties is especially evident when the assessed values of similar coastal properties are compared to the properties immediately surrounding the Landfill and the AES Facility. PROJECT AREA GOALS AND OBJECTIVES This Implementation Plan is created to eliminate physical and economic blight, create affordable housing, and address environmental concerns in the Project Area. The Project Area's Redevelopment Plan identified the following goals that would remediate blight in the Project Area once accomplished: Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) _4 GOAL 1: To assist with screening, design, or environmental improvements to mitigate impacts on adjoining neighborhoods and environmentally sensitive areas associated with modernization and reconstruction of the AES power generating plant. GOAL 2: To advance the cleanup of environmentally contaminated properties. GOAL 3: To facilitate the reuse of other Project Area properties including the Edison and tank farm properties, by monitoring and assisting hazardous material cleanup activities and ensuring that any ultimate development is compatible with surrounding neighborhoods and properties. GOAL 4: To facilitate the protection and restoration of environmentally sensitive wetlands in connection with proposed redevelopment activities. GOAL 5: To permit the Agency to assist with park and trail improvements if any Project Area properties are designated for such uses. GOAL 6: Undertake public improvements in, and of benefit to, the project area, such as streets, flood control facilities, and other public facilities. GOAL 7: To ensure that Project Area revenues are pledged to projects that directly benefit the area, and that the Project Area remains separate and distinct from the Agency's existing Huntington Beach Merged Redevelopment Project Area. GOAL 8: To restrict the use of eminent domain to any non-fee ownership interests such as oil and gas leases. GOAL 9: Eliminating blight and environmental deficiencies in the Project Area. GOAL 10: Assembling of land into parcels suitable for modern, integrated development with improved pedestrian and vehicular circulation in the Project Area. GOAL 11: Replanning, redesigning, and developing properties, which are stagnant or improperly utilized. GOAL 12: Increasing, improving, and preserving the community's supply of housing affordable to very low, low and moderate income households. Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) 5 The Agency has implemented projects and activities to eliminate blight in the Project Area and address these goals. The following section will detail specific programs, activities and projects that the Agency has implemented; and that the Agency proposes to implement during this Implementation Plan period (2007-08 to 2011-12). SPECIFIC PROGRAMS AND POTENTIAL PROJECTS The Agency documented blighting conditions in 2002 with the adoption of the Report to Council, which accompanied the Redevelopment Plan for the Project Area. The physical and economic blighting conditions include the following: • Unsafe/Unhealthy Buildings: Though operation of the AES Facility has continued to be permitted due to power shortages, excessively high emissions at the AES generating facility pose health risks to surrounding residents and nearby habitat. • Factors Hindering the Economically Viable Use of Lots: Two main focus areas for redevelopment that are representative of this blighting condition are the AES Facility and the Ascon landfill. o Due to the energy shortage for the past decade, the AES Facility was unable to proceed with plans to demolish and reconstruct a more efficient power generating facility, and the existing 44 year old plant will remain in operation until 2017, o The Ascon Landfill Site cannot be fully redeveloped until environmental remediation occurs. A Remedial Action Plan is being developed and will be approved by California Department of Toxic Substances Control. • Incompatible Uses: The Ascon landfill and AES Facility have a negative effect on residential resale values in the immediate area. • Impaired Investments: Due to the presence of the Ascon landfill properties immediately surrounding the Landfill have suffered from lower property values. The Agency developed twelve (12) goals to address these blighting conditions. The Agency has been extremely active in remedying blighting conditions within the Project Area during the previous Five Year Implementation Plan; however, limited tax increment revenue generated within the Project Area has impacted the full implementation of such goals. Goal 1: To assist with screening, design, or environmental improvements to mitigate impacts on adjoining neighborhoods and environmentally sensitive areas associated with modernization and reconstruction of the AES power generating plant. • The Agency is working with AES to ensure that landscaping and painting upgrades to the site are accomplished. • The landscaping and painting upgrades are expected to be completed by late 2008. • Agency financial assistance is not expected for this item. Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) 6 Goal 2: To advance the cleanup of environmentally contaminated properties. Ascon Landfill Site: • The Landfill is listed on the State Superfund list of toxic/hazardous waste sites; however, no State or Federal funds are presently available for environmental remediation of the Landfill. The Agency is working with DTSC and the seven (7) responsible parties to see to the successful implementation of the consent order from January, 2003. This agreement presented a completion schedule for investigation of environmental hazards at the Landfill and remediation. • The remediation of the Landfill is expected to be a Partial Source Removal with a Protective Cap. The construction time for the recommended alternative remedial plan is reported in the Revised Feasibility Study approved by the California Department of Toxic Substances Control in the third quarter of 2007 to take between 27 and 42 months. Remediation work cannot begin until after a Remediation Action Plan and an Environmental Impact Report have been prepared. The departments of Public Works, Fire and Planning are currently reviewing the Feasibility Study for the site. A community meeting will be conducted to present the selected remediation alternative. It is unknown when the cleanup process can begin; however, it is expected that environmental remediation activities will occur throughout the entire five (5) year period of this Implementation Plan. • Agency financial assistance is not expected for this item. Goal 3: To facilitate the reuse of other Project Area properties including the Edison and tank farm properties, by monitoring and assisting hazardous material cleanup activities and ensuring that any ultimate development is compatible with surrounding neighborhoods and properties. • The Agency is actively working with Edison to ensure the tanks are sold to a third party operator, and the Agency is also actively coordinating with the Public Utilities Commission to request low usage levels and reasonable controls are established before the plant is transferred to a new operator. The City's Planning Department has requested that certain requirements be in place before Edison demolishes the tanks. Edison is contesting the requirements that are being applied to its demolition permits. The Agency is also assisting with the issues concerning easements for this property. • The demolition of the tanks is expected to occur over a 12 month timeframe; however, Edison is contesting the City's requirements for the demolition permit. Completion of demolition and clearing of the site is expected in 2009. • Agency financial assistance is not expected for this item. Goal 4: To facilitate the protection and restoration of environmentally sensitive wetlands in connection with proposed redevelopment activities. • Wetlands & Wildlife Care Center of Orange County received a $270,000 grant to assist with the construction of a block wall and the landscaped setback area required for the renovation of its facility. The Conservancy expanded its facility for a state-of-the-art wildlife treatment hospital; a recovery ward; flight cages; an education facility; and exhibits. The Agency will continue to work cooperatively with the Wetlands & Wildlife Care Center. Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) 7 • The construction of the wall and landscaping has beautified the Pacific Coast Highway frontage and was finished in October 2006. • Agency assistance to this project was $270,000. No additional Agency financial assistance is anticipated for this item. Goal 5: To permit the Agency to assist with park and trail improvements if any Project Area properties are designated for such uses. • Orange Coast River Park represents an opportunity for the City to link its parks through a system of trails to other parks and trails throughout the County of Orange. • The anticipated timeline for this item will be ongoing through the five years of this Implementation Plan (2007 to 2011). • An estimate for Agency participation has not been determined. Goal 6: Undertake public improvements in, and of benefit to, the project area, such as streets, flood control facilities, and other public facilities. • The Agency worked cooperatively with Public Works staff to design and bid a sidewalk and pedestrian lighting project on both sides of Magnolia Street. This project will improve the pedestrian environment for Magnolia. The project includes construction of curbs & gutters, sidewalks, and street lighting along Magnolia Street from PCH to the Huntington Beach Channel. • Design was completed in Fiscal Year 05/06; however, construction was delayed due to environmental review process. • An estimate for this project is $560,000. • Project is expected to be completed by 2009. Goal 7: To ensure that Project Area revenues are pledged to projects that directly benefit the area, and that the Project Area remains separate and distinct from the Agency's existing Huntington Beach Merged Redevelopment Project Area. • Agency administrators and City Finance staff have ensured the separate accounting of revenue and expenditures for the Project Area. Goal 8: To restrict the use of eminent domain to any non-fee ownership interests such as oil and gas leases. • The Agency's eminent domain policy will be adhered to; and recently, pursuant to Senate Bill 53, the Agency adopted an Ordinance amending the Redevelopment Plan for the Project Area by restating the Agency's policy on the use of eminent domain and the restriction to non-fee ownership interests only. Goal 9: Eliminating blight and environmental deficiencies in the Project Area. • The Agency is presently working on projects and programs that will address the blight in the Project Area, specifically: o Unsafe/Unhealthy Buildings, o Factors Hindering the Economically Viable Use of Lots, o Incompatible Uses, and Southeast Coastal Projject Area Five Year Implementation Plan (2007-08 to 2011-12) 8 o Impaired Investments. Goal10: Assembling of land into parcels suitable for modern, integrated development with improved pedestrian and vehicular circulation in the Project Area. s The Agency will continue to explore opportunities for acquisition of land that can be assembled to create efficient development and will assist with the circulation of residents and visitors through the Project Area. Goal 11: Replanning, redesigning, and developing properties, which are stagnant or improperly utilized. © The Agency will continue addressing development issues for properties that exhibit impaired investments and are experiencing stagnant property values, such as the Ascon Landfill, after it is remediated. Goal 12: Increasing, improving, and preserving the community's supply of housing affordable to very low, low and moderate income households. o The Agency will continue contributing 20% of the Project Area's tax increment revenue to the low to moderate income housing fund for the Agency. No residential uses are located in the Project Area; however based on a finding of benefit the Agency can distribute the low to moderate housing set aside revenue from the Project Area throughout the City. AGENCY FINANCIAL STATUS REPORT These tax increment revenue projections are conservatively based on a 2% Projected Growth Rate. The "Remaining Balance for Agency Administration and Projects" excludes statutory pass through payments to affected taxing entities. The Agency is projected to receive $202,980 in gross tax increment in Fiscal Year 2007-08. After disbursements to taxing entities and the 20% housing set-aside deposit, the Agency is projected to retain $121,788 in net tax increment which may be utilized to address the Agency's stated redevelopment goals through various projects and programs identified in this Implementation Plan. The following table presents a projection of tax increment revenue for the Project Area: SOUTHEAST COASTAL REDEVELOPMENT PROJECT AREA PROJECTED TAX INCREMENT REVENUE Projected Gross Low&Mod. Tax Increment Total Remaining Fiscal Growth Total Tax Housing Excluding 33607.5 Balance for Years Rate Assessed Increment Set-Aside Low/Mod. Statutory Agency Admin. Value 1% 20% Set Aside Payments &Projects Base Year 2001-02 103,733,755 2007 - 2008 2% 124,031,724 202,980 40,596 162,384 ': 40,596 121,788 2008 - 2009 2% 124,355,042 206,213 41,243 164,970 41,243 123,728 2009 - 2010 2% 124,684,826 209,511 41,902 167,609 41,902 125,706 2010 - 2011 2% 125,021,205 212,875 42,575 170,300 i 42,575 127,725 2011 - 2012 2% 125,364,313 216,306 43,261 173,044 43,261 129,783 REQUEST FOR REDEVELOPMENT AGENCY ACTION MEETING DATE: 12/17/2007 DEPARTMENT ID NUMBER: ED 07-49 In the Redevelopment Project adoption process, the Redevelopment Agency adopted its Five-Year Implementation Plan for the Southeast Coastal Project Area, covering the years from 2002 to 2007. Concluding this five-year planning period, the Agency now looks forward to the next five years, 2008 to 2012, in this Five-Year Implementation Plan (Attachment 1). The purpose of the Plan is to identify the specific goals and objectives for the Southeast Coastal Project Area, describe the specific programs, including potential projects and estimated expenditures that would be made during the five years, and explain how these activities will eliminate blight and improve and increase the supply of affordable housing. The City of Huntington Beach has focused on the revitalization and proactive planning of the Southeast section of the City. The City Council created the Southeast Area Committee ("SAC') in December 2000, which consists of a three-member subcommittee of the City Council. The SAC provides a forum for citizens and City employees to discuss the issues and projects to improve the southeast area of the City. The SAC was instrumental in the formation of the Southeast Coastal Redevelopment Plan and continues to provide guidance on issues affecting the Project Area. In 2002, the Agency adopted the Redevelopment Plan for the Southeast Coastal Project Area to address the environmental impacts of the closed Ascon/NESI landfill, and to assist in creating a more efficient, less visually obtrusive AES Power Generating Facility or guide the future use of the site if the plant is no longer needed. Through consensus of the Southeast Area Committee, city staff, and local citizen groups, 12 specific goals were developed for the Project Area. These goals were the framework for the 2002-2007 Five-Year Implementation Plan adopted by the Agency in conjunction with the Redevelopment Plan. The Agency has been extremely active within the Project Area during the previous Five-Year Implementation Plan; however, limited tax increment revenue generated within the Project Area has impacted the full implementation of such goals. In addition, goals such as environmental cleanup of the closed Ascon/NESI landfill and AES Power Generating Facility are long-term in nature. During the next Five-Year Implementation period, the Agency will continue to address the physical and economic blighting conditions within the Area. The following are some of the major goals of the Five-Year Implementation Plan followed by an abbreviated list of the accomplishments to be achieved during the next five years. Goal: To advance the cleanup of;environmentally contaminated properties. The remediation of the Landfill is expected to be a Partial Source Removal with a Protective Cap, which should take two years to complete. Remediation work cannot begin until after a Remediation Action Plan and an Environmental Impact Report have been prepared. The departments of Public Works, Fire and Planning are currently reviewing the Feasibility Study for the site. A community meeting will be conducted to present the selected remediation alternative. It is unknown when the cleanup process can begin; however, it is expected that environmental remediation activities will occur throughout the entire five (5) year period of this Implementation Plan. -2- 12/4/2007 11:05 AM REQUEST FOR REDEVELOPMENT AGENCY ACTION MEETING DATE: 12/17/2007 DEPARTMENT ID NUMBER: ED 07-49 Goal: To facilitate the reuse of other Project Area properties including the Edison and tank farm properties, by monitoring and assisting hazardous material cleanup activities and ensuring that any ultimate development is compatible with surrounding neighborhoods and properties. • The demolition of the tanks is expected to occur over a 12 month timeframe; however, Edison is contesting the City's requirements for the demolition permit. Completion of demolition and clearing of the site is expected in 2009. Goal: Undertake public improvements in, and of benefit to, the project area, such as streets, flood control facilities, and other public facilities. • The Agency worked cooperatively with Public Works staff to design and bid a sidewalk and pedestrian lighting project on both sides of Magnolia Street. This project will improve the pedestrian environment for Magnolia. The project includes construction of curbs & gutters, sidewalks, and street lighting along Magnolia Street from PCH to the Huntington Beach Channel. • Design was completed in Fiscal Year 05/06; however, construction was delayed due to environmental review process. Project is expected to be completed by 2009. Public Notice: A notice of this hearing was published according to Government Code §6063 and posted in four permanent places within the project area for a period of three weeks. The Huntington Beach Independent publication dates for the public notice were, November 22, 29 and December 3, 2007, completing the publication period of ten days prior to this hearing date as required by law. Strategic Plan Goal: Financial - F1 Create long-term financial strategies for funding the backlog of capital projects and maintenance requirements, and ensuring sufficient reserves to withstand major revenue fluctuations in order to endure continuation of city services during economic downturns. One of the primary goals behind the formation of the Southeast Coastal Project Area was to create a funding mechanism for eliminating physical and economic blight and funding capital projects in the southeast section of the city. Environmental Status: Not Applicable -3- 12/4/2007 11:05 AM REQUEST FOR REDEVELOPMENT AGENCY ACTION MEETING DATE: 12/17/2007 DEPARTMENT ID NUMBER: ED 07-49 Attachment s : • ' 0 • ® • • I. Five-Year Implementation Plan (2007-08 to 2011-12) Southeast Coastal Redevelopment Project -4- 12/4/2007 11:05 AM ATTACHMENT # 1 Five Year Implementation Plan (2007-08 to 2011-12) Southeast Coastal Redevelopment Project ■ �� i�t" ryt,' w 2 ` RF 0" =•fix cotter COMPLETED SITE RENDEPJHG AID 'CENTER li'iullaReheeudesyoT tY� 403P JarryTlfenopa%010 61=hlea 'mwfeya1893$u�erea IIII �)N' Redevelopment Agency of the City of Huntington Beach Huntington Beach Civic Center 2000 Main Street Huntington Beach, CA December 17, 2007 �CaunrrY,CP City of Huntington Beach RedevetoAmeni Agency ACKNOWLEDGEMENTS Redevelopment Agency Board Chair DEBBIE COOK Vice-Chair KEITH BOHR Members JOE CARCHIO GIL COERPER CATHY GREEN DON HANSEN JILL HARDY PENNY CULBRETH-GRAFT Executive Director STANLEY SMALEWITZ Economic Development Director Kellee Fritzal Deputy Economic Development Director Doris Powell Assistant Project Manager r Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) 1 INTRODUCTION This Five-Year Implementation Plan ("Implementation Plan" or"Plan") describes specific goals and objectives of the Huntington Beach Redevelopment Agency ("Agency"), specific proposed programs including potential projects, estimated expenditures proposed to be made during the next five years, and an explanation of how the goals and objectives, programs, and expenditures will eliminate blight within the Southeast Coastal Redevelopment Project Area ("Project Area"). Pursuant to Section 33490(a) of the Health and Safety Code, California Community Redevelopment Law ("Law"), all redevelopment plans adopted on or after January 1, 1994 must include an implementation plan that is to be updated every five years. This Implementation Plan conforms to the requirements of Section 33490 of the Law and replaces the previous Five-Year Implementation Plan, which covered fiscal years 2002-03 through 2006-07. This Implementation Plan is the second five year plan completed by the Agency and must be adopted before December 31, 2007. Amendments to the Plan may be made at this time, or any time after a noticed public hearing. The Project Area was established to upgrade and revitalize a 172-acre area in southeast Huntington Beach. The Project Area includes the AES Power Generating Facility, the Ascon landfill site, a fuel oil storage facility (tank farm), and other industrial as well as open space uses. The Project Area time limitations are as follows: Adopting Ordinance Adoption Date Termination Date Southeast Coastal Ord. 3561 June 17, 2002 June 17, 2032 Eminent Domain Authority Time frame to Incur Indebtedness June 17, 2014 July 17, 2022 Bonded Indebtedness Amount Time frame to Incur Indebtedness $50 million outstanding at any time June 17, 2047 The Project Area is generally located north of Pacific Coast Highway, south of Hamilton Avenue, east of Newland Street, and west of Magnolia Street. A map depicting the boundaries of the Project Area is presented in Exhibit A. Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) 2 Exhibit A Im ffk r �„��.. - r It n Yton Beach �- _ a or"Hunfin a _ PROJECT AREA BACKGROUND Southeast Coastal Project area Five Year Implementation Plan (2007-08 to 2011-12) 9 The following table presents projected revenue and expenditures for the five (5) year period covering this Implementation Plan. The Agency adopts its budget on an annual basis; as such, actual revenues and expenditures may differ from those forecasts presented in this Implementation Plan and are therefore subject to change. • Future tax increment revenues were projected based on a 2% increase in the secured assessed value in the Project Area. a Interest earnings were estimated based on net revenues and beginning fund balances. • Taxing agency payments from the non-housing fund have been calculated pursuant to Section 33607.5 of the Law. ® Capital project costs were obtained from project estimates. PROJECTED REVENUE AND EXPENDITURES Projected SOUTHEAST COASTAL PROJECT AREA Actual Budgeted Projected Projected Projected Projected 5 Year 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 Total Beginning Cash Balance(including reserves) $612,419 $503,205 $1,112,586 $1,174,154 $1,808,154 $2,454,833 Revenues Tax Increment Revenue(100%of Gross) $166,478 $169,808 $173,204 $176,668 $180,201 $183,805 $883,685 Tax Increment Transfer Out from Debt Service 32,172 $32,815 $33,472 $34,141 $34,824 $35,520 170,773 Interest Income 23,094 $23,556 $24,027 $24,508 $24,998 $25,498 122,586 TOTAL $221,744 $226,179 $230,702 $235,317 $240,023 $244,823 $1,177,044 Equity Beginning $493,590 $503,462 $513,531 $523,802 $534,278 $544,963 2,620,035 TOTAL AVAILABLE FUNDS $1,327,753 $1,232,846 $1,856,819 $1,933,272 $2,582,454 $3,244,620 $10,850,011 Operations&Debt Service Costs Debt Service&Trustee Fees $474,885 $31,428 $32,057 $32,698 $33,352 $34,019 $163,553 Taxing Agency Pass Through Payments 31,427 40,596 $41,408 $42,236 $43,081 $43,942 211,263 Administration,Professional Services 48,236 48,236 $49,201 $50,185 $51,188 $52,212 251,022 TOTAL $554,548 VI20,260 $122,665 $125,119 $127,621 $130,173 $625,838 FUNDS AVAILABLE FOR PROJECTS $773,205 $1,112,586 $1,734,154 $1,808,154 $2,454,833 $3,114,447 $10,224,173 Projects&Programs Costs Capital Improvement Project(Wildlife 270,000 - 560,000 - - 560,000 Conserv.&Magnolia Street Improvements) TOTAL $270,000 $0 $560,000 $0 $0 $0 S5 60,000 TOTAL COSTS $824,548 $120,260 $682,665 $125,119 $127,621 $130,173 $1,185,838 FUND BALANCE SURPLUS/(SHORTFALL) $3,114,447 $9,664,173 Ending Cash Balance $503,205 $1,112,586 $1,174,154 $1,808,154 $2,454,833 $3,114,447 $9,664,173 AFFORDABLE HOUSING PLAN The Affordable Housing Plan requirement of this Implementation Plan is provided in the Affordable Housing Strategy that aggregates the affordable housing funds for both the Southeast Coastal Project Area and the Huntington Beach Merged Project Area. The Housing Component for the 2007-08 to 2011-12 Five-Year Implementation Plan is covered by the Affordable Housing Strategy. Administration of the Implementation Plan A new Implementation Plan will be produced every five years either in conjunction with the housing element cycle or the implementation plan cycle. Southeast Coastal Project Area Five Year Implementation Plain (2007-08 to 2011-12) 10 Implementation Plan Adoption Process Each Implementation Plan must be presented and adopted at a duly noticed public hearing of the Agency. Notice of the public hearing must be conducted pursuant to this Section 33490 of the Law. The Notice must be published pursuant to Section 6063 of the Government Code, mailed at least three weeks in advance to all persons and agencies that have requested notice, and posted in at least four permanent places within the Project Area for a period of three weeks. Publication, mailing, and posting shall be completed not less than 10 days prior to the date set for hearing. The Agency may amend the Implementation Plan at any time after conducting a public hearing on the proposed amendment. Mid-Term Implementation Plan Review Process At least once within the five-year term of the Implementation Plan, the Agency must conduct a public hearing and hear testimony of all interested parties for the purpose of reviewing the redevelopment plan and the corresponding implementation for each redevelopment project. This hearing must take place no earlier than two years and no later than three years after the adoption of the Implementation Plan. RCA ROUTING SHEET INITIATING DEPARTMENT: Economic Development SUBJECT: Public Hearing to Adopt Five-Year Implementation Plan for the Southeast Coastal Redevelopment Project Area COUNCIL MEETING DATE: December 17, 2007 RCA ATTACHMENTS STATUS Ordinance (w/exhibits & legislative draft if applicable) Attached ❑ Not Applicable Resolution (w/exhibits & legislative draft if applicable) Attached ❑ Not Applicable Tract Map, Location Map and/or other Exhibits Attached ❑ Not Applicable Contract/Agreement (w/exhibits if applicable) Attached ❑ (Signed in full by the City Attorney) Not Applicable Subleases, Third Party Agreements, etc. Attached ❑ (Approved as to form by City Attorne ) Not Applicable Certificates of Insurance (Approved by the City Attorney) Attached ❑ Not Applicable Fiscal Impact Statement (Unbudgeted, over $5,000) Attached ❑ Not Applicable Bonds (If applicable) Attached ❑ Not Applicable Staff Report (If applicable) Attached Not Applicable ❑ Commission, Board or Committee Report (If applicable) Attached ❑ Not Applicable Findings/Conditions for Approval and/or Denial Attached ❑ Not Applicable EXPLANATION FOR MISSING ATTACHMENTS REVIEWED RETURNED FORWARDED Administrative Staff ) ( ) Deputy City Administrator Initial City Administrator Initial City Clerk ( ) EXPLANATION FOR RETURN OF ITEM: p � RCA Author: Powell NOTICE OF A PUBLIC HEARING OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH TO APPROVE THE FIVE YEAR IMPLEMENTATION PLAN (2008 - 2012) OF THE SOUTHEAST COASTAL REDEVELOPMENT PROJECT NOTICE IS HEREBY GIVEN that the Redevelopment Agency of the City of Huntington Beach ("Agency") will hold a public hearing on Monday, December 17, 2007, at 6:00 p.m. or soon thereafter in the City Council Chambers located at 2000 Main Street, Huntington Beach, California, to adopt the Five Year Implementation Plan (2008-2012) for the Southeast Coastal Redevelopment Project Area. The purpose of the Implementation Plan is to identify the specific goals and objectives for the project area, describe the specific programs, including potential projects and estimated expenditures that would be made during the five years, and explain how these activities will eliminate blight. ALL INTERESTED PERSONS are invited to attend said hearing and express opinions or submit to the City Clerk written evidence for or against the application as outlined above. If you challenge the City Council/Agency's action in court, you may be limited to raising only those issues that you or someone else raised at the public hearing described in this notice or in written correspondence delivered to the City at, or prior to, the public hearing. If there are any further questions, please call Ms. Doris Powell, Economic Development Department, at (714) 536-5457. Direct your written communication to: JOAN L. FLYNN, CITY CLERK CITY OF HUNTINGTON BEACH 2000 MAIN STREET— 2ND FLOOR HUNTINGTON BEACH, CALIFORNIA 92648 (714) 536-5227 To be Published and Posted November 22 & 29, December 6, 2007 For the Posted Notice: Please do not remove this POSTED NOTICEuntil 'ter the Bari December 18, 2007 Huntington Beach Independent has been adjudged a newspaper of general circulation in Huntington Beach and Orange County by Decree of the Superior Court of Orange County,State of California,under date of Aug. 24, 1994,case A50479. PROOF OF PUBLICATION STATE OF CALIFORNIA ) ) SS. COUNTY OF-ORANGE ) am the Citizen of the United States and a NOTICE OFA i.., COASTAL REDEVELOPMENT written evidence:for. or resident of the Count aforesaid; I am over PUBIIC HEARING against the application y PROJECT- as outlined..above. If the age of eighteen years, and not a party OF THE REDEVELOPMENT NOTICE IS HEREBY GIV- you challenge.the 'City AGEN(YOF THE CITY OF EN that the Redevelop- Council/Agency's action to or interested in the below entitled matter. HUNTINGTON BEACH TO meat Agency of the City ,lof Huntington Beach limited to raising only am a rind al clerk of the HUNTINGTON APPROVE THE FMYEAR .'("Agency") will hold a. those issues that you or p p IMPLEMENTATIONPLAm public hearing on Mon, someone else raised at-i er BEACH INDEPENDENT, a newspaper of -day; December :17; the public hearing de- p p (2=-.2012) 2007, -at 6:00 p.m. or scribed in'this notice or ! general circulation, printed and published in ,OF THE SOUTHEAST_ I�City Council Chambers spondenee delivered the City of Huntington Beach Count of located. at 2000 Main the City at, or prior to, Y 9 Y Street„ Huntington the public hearing. if Orange, State of California and the Beach, California, to there are any further g adopt the Five Year lm questions, please call attached Notice is a true and com lete co plementation Plan Ms. Doris Powell, Eco p PY (2008-2012) for the nomic Development De- as was printed and published on the Southeast Coastal Rede- partment, at(714) 536- p p velopment Project Area. 5457,,. Direct'.your fOIIOWIng date(S). .The purpose of the Im- written communication plementation Plan is,,to to: +dentify..the _specific. LOAN L.PLYNN, goals and objectives for CITY CLERK. ,the project'-area, de- CITY OF scribe the.specific pro- r HUNTINGTON BEACH ;grams, including'poten- 2000 MAIN STREET - tial projects and 2NDFLOOR estimated expenditures HUNTINGTON .BEACH'; NOVEMBER 2 2, 2 9, 2 0 0 7 I that would be made . CALIFORNIA 92648 during;the- five years, (714)536-5227 and explain how these Published . Huntington DECEMBER 0 6, 2 0 0 7 activities'^;will eliminate. Beach. Independent No- blight. i vember ,22, 29, 'De- ALL INTERESTED PER- vember 6,2007. SONS are invited,to at- 114-125 tend'said hearing and — express opinions or.II submit to the City.ClerkJ declare, under penalty of perjury, that the foregoing is true and correct. Executed on DECEMBER 0 6, 2 0 0 7 at Huntington Beach, California Signature Huntington Beach Independent has been adjudged a newspaper of general circulation in Huntington Beach and Orange County by Decree of the Superior Court of Orange County,State of California,under date of Aug. 24, 1994, case A50479. PROOF OF PUBLICATION STATE OF CALIFORNIA ) ) SS. COUNTY OF ORANGE ) i am the Citizen of the United States and a - f resident of the County aforesaid; I am over NOna%A, COASTAL REDEVELOPMENT written evidence for or PUBLItHEARING against the application. PROJECT as outlined above. If the age of eighteen years, and not a party 6F THE REDEVELOPMENT.{NOTICE IS HEREBY GIV- you challenge the city. 'EN that the_Redevelop- Council/Agency's action, to or interested in the below entitled matter. meat Agency-of OF.THE OTY OF of the*City in court; you may be am a principal HUNTINGTON BEACH TO. of Huntington Beach limited to raising only clerk of the HUNTINGTON APPROVE THE fTVEYEAR ("Agency") will hold a chose issues that.you or, BEACH INDEPENDENT a newspaper Of IMPLEMENTATION PLAN public hearing a Mon someone else raised e-� e ., day, December 17, the public hearing.de-1 general circulation, printed and published in (2006=.20►�1 2oon h eaft p.m. a scribed in this notice or, i - soon thereafter in—the in written corre-, the City of Huntington Beach, County Of OF THESOUTNEAST City. Council Chambers spondece delivered to', " located at 2000 Main 'the Cityat, or prior to, Orange, State of California, and the Street, Huntington the public hearing. If Beach; :California,, to there are an further adopt the Five Year 1m- questions, please .call attached Notice Is a true and complete copy plementation' Plan Ms. Doris.Powell, Eco- as was printed and published on the So0ttn astlCoastalrRede- pa tmeot,the nomic, �elo at(714)t536- fOIIOWIng dates); velopment Project Area. 5457. Direct your The purpose:of'the Im- written communication plementation Plan is to to: identify the specific 10AN L.FLYNN; goals and objectives for CITY CLERK the project area de- CITY OF scribe the specific pro-, HUNTINGTON BEACH grams, including poten- 2000 MAIN STREET - NOVEMBER 22, 29, 2007 estimated projects and NGTON OR estimated 'expenditures. HUNTINGTON BEACH,_ that""wduld"'be 'made' CALIFORNIA 92648, 'during the five years, (714)536-5227 DECEM.BER 0 6, 2 0 0 7 and explain how these Published Huntington activities will eliminate Beach Independent No. blight:;.. vember 22, 29, De- ALL INTERESTED PER- cember 6,2007 SONS are invited to at- 114-125-1 tend said hearing and -- express opinions, or submit to the City Clerk. declare, under penalty of perjury, that the foregoing is true and correct. Executed on DECEMBER 0 6, 2 0 0 7 at Huntington Beach, California .01 Signature • CITY OF HUNTINGTON BEACH INTER-DEPARTMENT COMMUNICATION Economic Development Department TO Honorable Mayor/Chairman and City Council/Redevelopment Agency Members VIA Penelope Culbreth-Graft, DPA, City Administrator/Executive Director FROM Stanley Smalewitz, Director of Economic Development/ Deputy Executive Director DATE December 17, 2007 SUBJECT LATE COMMUNICATION- ITEM D-1 Public Hearing to Consider the Approval of the Five Year Implementation Plan (2007—2008 to 2011 —2012) for the Southeast Coastal Redevelopment Project With this communication, staff recommends the following revisions to the Five Year Implementation Plan for the Southeast Coastal Redevelopment Plan, as relates to the Ascon Landfill Site: Page 1,Introduction: The "ASCON/NESI Landfill"is now referred to as the "Ascon Landfill Site." Page 3, ASCON LANDFILL SITE: The current text states, "Attempts to remediate the environmental degradation on the site is considered cost prohibitive and some of the parties responsible for the contamination issues have refused to participate in the DTSC remediation plan due to the cost of remediation." This has been revised to state, "Remediating the site is very costly and some of the parties responsible for the contamination issues have refused to participate in the remediation planning and implementation. However, the site's environmental conditions are being addressed by several other parties under agreements with the California Department of Toxic Substances Control." Page 5, Specific Programs and Potential Projects: The current text states, "The Ascon/Nesi landfill cannot be fully redeveloped by the private sector due to excessive cleanup costs and will continue to represent a property that will remain economically unviable until environmental remediation occurs." This has been revised to state, "The Ascon Landfill Site cannot be fully redeveloped until environmental remediation occurs. A Remedial Action Plan is being developed and will be approved by California Department of Toxic Substances Control." Page 6, Goal 2, second bullet: The current text states that the clean up should take "two years". This has been revised to state "the construction time for the recommended alternative remedial plan is reported in the Revised Feasibility Study approved by the California Department of Toxic Substances Control in the third quarter of 2007 to take between 27 and 42 months". The revised pages are attached for Agency/City Council review. Southeast Coastal Project Area Five Year Implementation Plan 2007-08 to 2011-12 1 INTRODUCTION This Five-Year Implementation Plan ("Implementation Plan" or"Plan")describe specific goals and objectives of the Huntington Beach Redevelopment Agency ("Agency"), s/pecific proposed programs including potential projects, estimated expenditures proposed t�e made during the next five years, and an explanation of how the goals and objec a es, programs, and expenditures will eliminate blight within the Southeast Coastal Rede elopment Project Area ("Project Area"). Pursuant to Section 33490(a) of the Health an Safety Code, California Community Redevelopment Law ("Lain'), all redevelopment plans dopted on or after January 1, 1994 must include an implementation plan that is to be updated every five years. This Implementation Plan conforms to the requirements of, Section 33490 of the Law and replaces the previous Five-Year Implementation Plan, Mich covered fiscal years 2002-03 through 2006-07. This Implementation Plan is the se <nd five year plan completed by the Agency and must be adopted before December 31, �7. Amendments to the Plan may be made at this time, or any time after a noticed public /earing. The Project Area was established to upgrade nd revitalize a 172-acre area in southeast Huntington Beach. The Project Area inclu ,es the AES Power Generating Facility, the Ascon/NESI landfill site, a/arear ility (tank farm), and other industrial as well as open space uses. The Project Area time limitas: Adopting Ordinancedoption Date Termination Date Southeast Coastal Ord. 35ne 17, 2002 June 17, 2033 Eminent Domain Authorityme frame to Incur Indebtedness June 17, 2014ly 17, 2022 Bonded Indebtedness Am me frame to Collect Tax Increment/Repav Debt $50 million outstanding at/any time June 17, 2048 The Project Area i generally located north of Pacific Coast Highway, south of Hamilton Avenue, east of Newland Street, and west of Magnolia Street. A map depicting the boundaries of the Project Area is presented in Exhibit A. Southeast Coastal Project Area Five Year Implementation Plan 2007-08 to 2011-12 3 PROJECT AREA BACKGROUND The City of Huntington Beach ("City") has focused on the revitalization and pyoactive planning of the Southeast section of the City. The City Council created the Southeast Area Committee ("SAC") in December 2000, which consists of a three member subcommittee of the City Council. The SAC provides a forum for citizens and City employees to discuss the issues and projects to improve the southeast area of the City. The SAC was instrumental in the formation of the Southeast Coastal Redevelopment Plan and continues to provide guidance on issues affecting the Project Area. The Agency adopted the Redevelopment Plan for the project Area to address the environmental impacts of the closed Ascon/NESI landfill,/and assist in creating a more efficient, less visually obtrusive AES Power Generating Facility or guide the future use of the site if the plant is no longer needed. ASCON/NESI LANDFILL The City has been pursuing environmental remediation and reuse of the contaminated Ascon/NESI landfill site ("Ascon/NESI landfill" or"Landfill"), which is located at the southwest corner of Magnolia Street and Hamilton Avenue/This 38-acre site operated as an active landfill for 46 years and suffers from severe contamination. Contamination on the site can be attributed to both oil drilling operations and landfill operations. The Department of Toxic Substances Control ("DTSC") has identified drilling muds, wastewater brines, chromic acid, sulfuric acid, aluminum slag, fuel oils, and styrene at the Landfill. Attempts to remediate the environmental degradation on the site is considered cost prohibitive and some of the parties responsible for the contamination issues have refused to participate in the DTSC remediation plan due to the cost of remediation. AES Huntington Beach Generating Station The AES Generating Station was another major reason the Agency adopted the Redevelopment Plan for the Project Area. The AES Power Generating Facility ("AES Facility' or"AES") consists of 12-acres at 21730 Newland Street near the southeast corner of Newland Street and Pacific Coast Highway. The Facility is only approximately 600 feet from the Pacific Ocean and represents a major source of air pollution in the Project Area and a visual impediment in the Project Area. Despite approximately $150 million in necessary improvements to expand he Facility's capacity in 2001, the Facility is inefficient and continues to create significant air pollution. The environmental issues present on these two properties were the main reason for adopting the Project Area. These properties have also had a significant negative impact on the assessed values for single family homes, commercial and industrial properties within the immediate vicinity./The impact of these properties is especially evident when the assessed values of similar coastalproperties are compared to the properties immediately surrounding the Landfill and the AES Facility. PROJECT AREA GOALS AND OBJECTIVES 1 This Implementation Plan is created to eliminate physical and economic blight, create affordable/housing, and address environmental concerns in the Project Area. The Project Area's Redevelopment Plan identified the following goals that would remediate blight in the Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) 5 GOAL 12: r Increasing, improving, and preserving the community's supply of housing affordable to very low, low and moderate income households. The Agency has implemented projects and activities to eliminate blight in the Project Area and address these goals. The following section will detail specific programs, activities and projects that the Agency has implemented; and that the Agency proposes to implementduring this Implementation Plan period (2007-08 to 2011-12). � SPECIFIC PROGRAMS AND POTENTIAL PROJECTS The Agency documented blighting conditions in 2002 with the adoption of the Report to Council, which accompanied the Redevelopment Plan for the Project Area. The physical and economic blighting conditions include the following: • Unsafe/Unhealthy Buildings: Though operation of the AE,,S Facility has continued to be permitted due to power shortages, excessively high emissions at the AES generating facility pose health risks to surrounding residents and nearby habitat. • Factors Hindering the Economically Viable Use Lots: Two main focus areas for redevelopment that are representative of this blighting condition are the AES Facility and the Ascon/NESI landfill. // o Due to the energy shortage for the past decade, the AES Facility was unable to proceed with plans to demolish and reconstruct a more efficient power generating facility, and the existing 44 year old plant will remain in operation until 2017, o The Ascon/NESI landfill cannot be fully redeveloped by the private sector due to excessive cleanup costs nd will continue to represent a property that will remain economically unvlable until environmental remediation occurs. • Incompatible Uses: The Ascon4NESI landfill and AES Facility have a negative effect on residential resale values in A immediate area. • Impaired Investments: Ze to the presence of the Ascon/NESI landfill properties immediately surround71v'c' g the Landfill have suffered from lower property values. The Agency developed tw 12 oals to address these bli htin conditions. The A encg Y p � ( ) g blighting Agency has been extremely active in remedying blighting conditions within the Project Area during the previous Five Year Implementation Plan; however, limited tax increment revenue generated within the Project AreaJ hasimpacted the full implementation of such goals. Goal 1: o assist with screening, design, or environmental improvements to mitigate impacts/on adjoining neighborhoods and environmentally sensitive areas associated with modernization and reconstruction of the AES power generating plant. • The Agency is working with AES to ensure that landscaping and painting upgrades to the site are accomplished. • The landscaping and painting upgrades are expected to be completed by late 2008. Southeast Coastal Project Area Five Year Implementation Plan 2007-08 to 2011-12 6 • Agency financial assistance is not expected for this item. Goal 2: To advance the cleanup of environmentally contaminated properties. Ascon/NESI landfill site: • The Landfill is listed on the State Superfund list of toxic/hazardous waste sites; however, no State or Federal funds are presently available fo environmental remediation of the Landfill. The Agency is working with DTSC nd the seven (7) responsible parties to see to the successful implementation the consent order from January, 2003. This agreement presented a corn letion schedule for investigation of environmental hazards at the Landfill a/�i mediation. • The remediation of the Landfill is expected to be a Partource Removal with a Protective Cap, which should take two years to com . Remediation work cannot begin until after a Remediation Action Plan and an Environmental Impact Report have been prepared. The departments j{f Public Works, Fire and Planning are currently reviewing the Feasibility St dy for the site. A community meeting will be conducted to present the select�d remediation alternative. It is unknown when the cleanup process can begin; however, it is expected that environmental remediation activities will occur throughout the entire five (5) year period of this Implementation Plan. • Agency financial assistance is not expecte for this item. Goal 3: To facilitate the reuse of other Project Area properties including the Edison and tank farm properties, by monitoring/nd assisting hazardous material cleanup activities and ensuring that any ultimate ,evelopment is compatible with surrounding neighborhoods and properties. • The Agency is actively working ith Edison to ensure the tanks are sold to a third party operator, and the Ag-ncy is also actively coordinating with the Public Utilities Commission to re,uest low usage levels and reasonable controls are established before the plant is transferred to a new operator. The City's Planning Department hP requested that certain requirements be in place before Edison demolishes the tanks. Edison is contesting the requirements that are being applied to its/demolition permits. The Agency is also assisting with the issues concerning easements for this property. • The demolition f the tanks is expected to occur over a 12 month timeframe; however, Edis is contesting the City's requirements for the demolition permit. Completion o demolition and clearing of the site is expected in 2009. • Agency fins cial assistance is not expected for this item. Goal 4: To acilitate the protection and restoration of environmentally sensitive wetlands in onnection with proposed redevelopment activities. • We#ands & Wildlife Care Center of Orange County received a $270,000 grant to a� ist with the construction of a block wall and the landscaped setback area required for the renovation of its facility. The Conservancy expanded its facility for a state-of-the-art wildlife treatment hospital; a recovery ward; flight cages; an education facility; and exhibits. The Agency will continue to work cooperatively �}ypSINGmH� . Redevelopment Agency of the City of Huntington Beach Gee Five Year Implementation Plan (2007-2012) 0000 =- Southeast Coastal Redevelopment Project • c e _ e u .. a December 17,2007 Reach:.runt yeriv Southeast Coastal ®®. Goo - Project Area Background00 . The City Council created the Southeast Area Committee ("SAC") in December 2000 ® SAC Provides Citizens Forum s SAC and Community Identified 12 Goals e June 17, 2002 Project Area Adopted along with first Five Year Implementation Plan Goo Southeast Coastal 90100 009 600� Project Area Background • The Project Area formed to address the following blighted properties and their environmental impacts: * ASCON LANDFILL o Environmental remediation and reuse of the site * AES Huntington Beach Generating Station o Air pollution and visual impediment 7-Wl Ascon Landfill Tank Farm AES Facility W Exclusion oo• 000® Southeast Coastal Project Area Goals d:iD�f 0 0 • Screening & Environmental Improvements at AES Power Plant • Ascon Landfill Clean-up • Clean-up of Other Project Area Properties • Public Improvements & Facilities — Magnolia Street Sidewalk & Lighting June 2008 • Protect and Restore Wetlands • Park and Trail Improvements • Provide Financial Resources ®•.0 ®®o �4 ®o.r 0. Agency Financial Status Report • The Agency is projected to receive $202,980 in gross tax increment in Fiscal Year 2007-08. • After disbursements to taxing entities, and the 20% housing set-aside deposit, the Agency is projected to retain $121,788 in net tax increment. 3 Five Year Implementation Plan (2007-08 to 2011-12) Southeast Coastal Redevelopment Project sh' _ N 11MIYW J Ell / x o ,r''at�'"� R �Iltas�uk3Met�uMl ��t OR ` �i� 3gt7teb �t tltas`ik i�e`#i9hlCs Redevelopment Agency of the City of Huntington Beach Huntington Beach Civic Center 2000 Main Street Huntington Beach, CA December 17, 2007 ACKNOWLEDGEMENTS Redevelopment Agency Board Chair DEBBIE COOK Vice-Chair KEITH BOHR Members JOE CARCHIO GIL COERPER CATHY GREEN DON HANSEN JILL HARDY PENNY CULB�ETH-GRAFT Exec,,uttii�Je Director STANLEY SMALEWITZ EconomicAlDevelopment Director Kellee Fritzal Deputy E/onomic Development Director Doris Powell Assistant Project Manager 1 r F� jr Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) 1 INTRODUCTION This Five-Year Implementation Plan ("Implementation Plan" or"Plan") describes specific goals and objectives of the Huntington Beach Redevelopment Agency ("Agency"), spific proposed programs including potential projects, estimated expenditures proposed to be made during the next five years, and an explanation of how the goals and objectives(programs, and expenditures will eliminate blight within the Southeast Coastal Redevelopment Project Area ("Project Area"). Pursuant to Section 33490(a) of the Health and Safety Code, California Community Redevelopment Law ("Law"), all redevelopment plans adopted on or after January 1, 1994 must include an implementation plan that is to be updated eyery five years. This Implementation Plan conforms to the requirements of Section 33490 of the Law and replaces the previous Five-Year Implementation Plan, which' covered fiscal years 2002-03 through 2006-07. This Implementation Plan is the secondfive year plan completed by the Agency and must be adopted before December 31, 2007 Amendments to the Plan may be made at this time, or any time after a noticed public hearing. The Project Area was established to upgrade andrevitalize a 172-acre area in southeast Huntington Beach. The Project Area includes theAES Power Generating Facility, the Ascon landfill site, a fuel oil storage facility (tank farm), and other industrial as well as open space uses. The Project Area time limitations are as folio s: Adopting Ordinance Adoption Date Termination Date Southeast Coastal Ord. 3561 June 17, 2002 June 17, 2032 Eminent Domain Authority Time frame to Incur Indebtedness June 17, 2014 July 17, 2022 Bonded Indebtedness Amount Time frame to Incur Indebtedness $50 million outstanding at any time June 17, 2047 The Project Area is generally located north of Pacific Coast Highway, south of Hamilton Avenue, east of Newland Street, and west of Magnolia Street. A map depicting the boundaries of the Project Area is presented in Exhibit A. t Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) 2 Exhibit A a s w r � off- i j/ pmiZkl i P i -. OF i 1,1Htuitilig. toii Beach 3 t -southeast Coastal A i I W_r"ts ,I lc n4 o ;�w nEton Beach #1e., , Southeast Coastal Project Area Five Year.]mplementation Plan (2007-08 to 2011-12) 3 The City of Huntington Beach ("City") has focused on the revitalization and proactive pla ping of the Southeast section of the City. The City Council created the Southeast Area Committee ("SAC") in December 2000, which consists of a three member subcommittee of the City Council. The SAC provides a forum for citizens and City employees to ,iscuss the issues and projects to improve the southeast area of the City. The SAC was iTstrumental in the formation of the Southeast Coastal Redevelopment Plan and continues to provide guidance on issues affecting the Project Area. The Agency adopted the Redevelopment Plan for the Project Area to address the environmental impacts of the closed Ascon landfill, and assist in creating a more efficient, less visually obtrusive AES Power Generating Facility or guide the future use of the site if the plant is no longer needed. ASCON LANDFILL SITE The City has been pursuing environmental remediation and reuse of the contaminated Ascon landfill site ("Ascon landfill" or "Landfill"), which is located at the southwest corner of Magnolia Street and Hamilton Avenue. This 38-acre site operated,/as an active landfill for 46 years and suffers from severe contamination. Contamination on the site can be attributed to both oil drilling operations and landfill operations. The Department of Toxic Substances Control ("DTSC") has identified drilling muds, wastewater brines, chromic acid, sulfuric acid, aluminum slag, fuel oils, and styrene at the Landfill. Remediating the site is very costly and some of the parties responsible for the contamination issues have refused to participate in the remediation planning and implementation. However, the site's environmental conditions are being addressed by several other parties under agreements with the California Department of Toxic Substances Control. AES Huntington Beach Generating,./Station The AES Generating Station was another major reason the Agency adopted the Redevelopment Plan for the Project Area. The AES Power Generating Facility ("AES Facility" or "AES") consists of 13cres at 21730 Newland Street near the southeast corner of Newland Street and Pacific Coast Highway. The Facility is only approximately 600 feet from the Pacific Ocean and rep�esents a major source of air pollution in the Project Area and a visual impediment in theyProject Area. Despite approximately $150 million in necessary improvements to expa,�d the Facility's capacity in 2001, the Facility is inefficient and continues to create significant air pollution. The environmental ssues present on these two properties were the main reason for adopting the Project Area/ These properties have also had a significant negative impact on the . assessed values for single family homes, commercial and industrial properties within the immediate vicinity. The impact of these properties is especially evident when the assessed values of similar coastal properties are compared to the properties immediately surrounding the Landfil land the AES Facility. PROJECT AREA GOALS AND OBJECTIVES I This Implementation Plan is created to eliminate physical and economic blight, create affordable housing, and address environmental concerns in the Project Area. The Project Area's Redevelopment Plan identified the following goals that would remediate blight in the Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) 4 Project Area once accomplished: GOAL 1: To assist with screening, design, or environmental improvements to mitigate impacts on adjoining neighborhoods and environmentally sensitive areas associated with modernization and reconstruction of the AES power generating plant. GOAL 2: To advance the cleanup of environmentally contaminated properties'. GOAL 3: To facilitate the reuse of other Project Area properties including the Edison and tank farm properties, by monitoring and assisting hazardous material cleanup activities and ensuring that any ultimate development is compatible with surrounding neighborhoods and properties. GOAL 4: To facilitate the protection and restoration of environmentally sensitive wetlands in connection with proposed redevelopment activities. +q GOAL 5: To permit the Agency to assist with park/and trail improvements if any Project Area properties are designated for such uses. GOAL 6: Undertake public improvements in, and of benefit to, the project area, such as streets, flood control facilities, and other public facilities. GOAL 7: To ensure that Project Area re enues are pledged to projects that directly benefit the area, and that the Project Area/remains separate and distinct from the Agency's existing Al Huntington Beach Merged�Redevelopment Project Area. GOAL 8: To restrict the use of eminent domain to any non-fee ownership interests such as oil and gas leases. GOAL 9: Eliminating blightZandenvironmental deficiencies in the Project Area. GOAL 10: Assembling of land into parcels suitable for modern, integrated development with improved pedestrian,'and vehicular circulation in the Project Area. GOAL 1: 1: Replanning, redesigning, and developing properties, which are stagnant or improperly utilized. fi Southeast Coastal Project Area Five Year Implementation Plana (2007-08 to 2011-12) 5 GOAL 12: Increasing, improving, and preserving the community's supply of housing affordable to very low, low and moderate income households. The Agency has implemented projects and activities to eliminate blight inthe Project Area and address these goals. The following section will detail specific programs,activities and projects that the Agency has implemented; and that the Agency proposes;^to implement during this Implementation Plan period (2007-08 to 2011-12). SPECIFIC PROGRAMS AND POTENTIAL PROJECTS The Agency documented blighting conditions in 2002 with the adoption of the Report to Council, which accompanied the Redevelopment Plan for the Project Area. The physical and economic blighting conditions include the following: ® Unsafe/Unhealthy Buildings: Though operatio of the AES Facility has continued to be permitted due to power shortages, excessively high emissions at the AES generating facility pose health risks to surrounding residents sidents and nearby habitat. ® Factors Hindering the EconomicallyrViable Use of Lots: Two main focus areas for redevelopment that are representative of this blighting condition are the AES Facility and the Ascon landfill. o Due to the energy shortage for the past decade, the AES Facility was unable to proceed with plans to/ demolish and reconstruct a more efficient power generating facility, and the existing 44 year old plant will remain in operation until2017, o The Ascon Landfill Site cannot be fully redeveloped until environmental remediation occurs. A Remedial Action Plan is being developed and will be approved by California Department of Toxic Substances Control. 0 Incompatible Uses: The Ascon landfill and AES Facility have a negative effect on residential resale values in the immediate area. 0 Impaired Investments: Due to the presence of the Ascon landfill properties immediate) P � p p p Y surrounding t Landfill have suffered from lower property values. The Agency developed twelve (12) goals to address these blighting conditions. The Agency has been extremely active in remedying blighting conditions within the Project Area during the previous Five Year Implementation Plan; however, limited tax increment revenue generated within the Project Area has impacted the full implementation of such goals. Goal" 1: To assist with screening, design, or environmental improvements to mitigate impacts on adjoining neighborhoods and environmentally sensitive areas associated h modernization and reconstruction of the AES power generating plant. a 0 The Agency is working with AES to ensure that landscaping and painting upgrades to the site are accomplished. ® The landscaping and painting upgrades are expected to be completed by late 2008. Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) 6 ® Agency financial assistance is not expected for this item. p Goal 2: To advance the cleanup of environmentally contaminated properties. Ascon Landfill Site: • The Landfill is listed on the State Superfund list of toxic/hazardous waste sites; however, no State or Federal funds are presently available for environmental remediation of the Landfill. The Agency is working with DTSC and the seven (7) responsible parties to see to the successful implementation of the consent order from January, 2003. This agreement presented a completion schedule for investigation of environmental hazards at the Landfill and remediation. • The remediation of the Landfill is expected tAe a Partial Source Removal with a Protective Cap. The construction time for the recommended alternative remedial plan is reported in the Revised Feasibility Study approved by the California Department of Toxic Substances Control in the third quarter of 2007 to take between 27 and 42 monthsf" Remediation work cannot begin until after a Remediation Action Plan and;,an Environmental Impact Report have been prepared. The departments of,1,40ublic Works, Fire and Planning are currently reviewing the Feasibility Study for the site. A community meeting will be conducted to present the selected remediation alternative. It is unknown when the cleanup process can,;begin; however, it is expected that environmental remediation activities will occur throughout the entire five (5) year period of this Implementation Plan. ' • Agency financial assistance is not expected for this item. Goal 3: To facilitate the reuse of other Project Area properties including the Edison and tank farm properties, by monitoring and assisting hazardous material cleanup activities and ensuring that any ultimate development is compatible with surrounding neighborhoods and properties. • The Agency,is actively working with Edison to ensure the tanks are sold to a third party operator, and the Agency is also actively coordinating with the Public Utilities Commission to request low usage levels and reasonable controls are established before the plant is transferred to a new operator. The City's Planning`rDepartment has requested that certain requirements be in place before Edison,/demolishes the tanks. Edison is contesting the requirements that are being,applied to its demolition permits. The Agency is also assisting with the issues concerning easements for this property. 01 • The/demolition of the tanks is expected to occur over a 12 month timeframe; however, Edison is contesting the City's requirements for the demolition permit. k Completion of demolition and clearing of the site is expected in 2009. • Agency financial assistance is not expected for this item. I Goal 4: To facilitate the protection and restoration of environmentally sensitive 11 wetlands in connection with proposed redevelopment activities. / _' • Wetlands & Wildlife Care Center of Orange County received a $270,000 grant to assist with the construction of a block wall and the landscaped setback area required for the renovation of its facility. The Conservancy expanded its facility for a state-of-the-art wildlife treatment hospital; a recovery ward; flight cages; an education facility; and exhibits. The Agency will continue to work cooperatively Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) r 7 with the Wetlands &Wildlife Care Center. • The construction of the wall and landscaping has beautified tPacific Coast Highway frontage and was finished in October 2006. • Agency assistance to this project was $270,000. No additional Agency financial assistance is anticipated for this item. Goal 5: To permit the Agency to assist with park and trail improvements if any Project Area properties are designated for such uses. • Orange Coast River Park represents an opportune for the City to link its parks through a system of trails to other parks and iils throughout the County of Orange. • The anticipated timeline for this item will bengoing through the five years of this Implementation Plan (2007 to 2011). • An estimate for Agency participation hanot been determined. Goal 6: Undertake public improvements�m, and of benefit to, the project area, such as streets, flood control facilities, and other public facilities. • The Agency worked cooperatively with Public Works staff to design and bid a sidewalk and pedestrian lighting project on both sides of Magnolia Street. This project will improve the pedestrian environment for Magnolia. The project includes construction of c rbs & gutters, sidewalks, and street lighting along Magnolia Street from PCF to the Huntington Beach Channel. • Design was-completed in Fiscal Year 05/06; however, construction was delayed due to environmental review process. • An estimate for this project is $560,000. • Project is expected to be completed by 2009. Goal 7: To ensur #Xthat Project Area revenues are pledged to projects that direct) J P g p J Y benefit the area, and that the Project Area remains separate and distinct from the Agency's existin g Huntington Beach Merged Redevelopment Project Area. • Agency and Cit Finance staff have ensured the separate 9 Y ' Y accounting of revenue and expenditures for the Project Area. Goal 8: To restrict the use of eminent domain to any non-fee ownership interests such as oil and gas leases. • The, Agency's eminent domain policy will be adhered to; and recently, pursuant to Senate Bill 53, the Agency adopted an Ordinance amending the Redevelopment Plan for the Project Area by restating the Agency's policy on the use of eminent domain and the restriction to non-fee ownership interests only. .Goal 9: Eliminating blight and environmental deficiencies in the Project Area. • The Agency is presently working on projects and programs that will address the blight in the Project Area, specifically: Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) /� 8 o Unsafe/Unhealthy Buildings, o Factors Hindering the Economically Viable Use of Lots, o Incompatible Uses, and o Impaired Investments. Goal10: Assembling of land into parcels suitable for modern, integrated development with improved pedestrian and vehicular circulation in the Project Area. • The Agency will continue to explore opportunities for acquisition of land that can be assembled to create efficient development and will assist with the circulation of residents and visitors through the Project Area ,* Goal 11: Replanning, redesigning, and developing properties, which are stagnant or improperly utilized. • The Agency will continue addressing development issues for properties that exhibit impaired investments and are experiencing stagnant property values, such as the Ascon/NESI Landfill, after it is remediated. Goal 12: Increasing, improving, and pre erving the community's supply of housing affordable to very low, low and moderate income households. • The Agency will continue contributing 20% of the Project Area's tax increment revenue to the low to moderate income housing fund for the Agency. No residential uses are locatediin the Project Area; however based on a finding of benefit the Agency can distribute the low to moderate housing set aside revenue from the Project Area throughout the City. AGENCY FINANCIAL STATUS, EPORT These tax increment revenue projections are conservatively based on a 2% Projected Growth Rate. The "Remaining Balance for Agency Administration and Projects" excludes statutory pass through payments to affected taxing entities. The Agency is projected to receive $202,980 in gross tax increment in Fiscal Year 2007-08. After disbursements to taxing entities and the 20% housing set-aside deposit, the Agency is projected to retain $121,788 in net tax increment whicOmay be utilized to address the Agency's stated redevelopment goals through various projects and programs identified in this Implementation Plan. The following table presents a projection of tax increment revenue for the Project Area: f Southeast Coastal Project Area Five Year Implementation Plan (2007-08 to 2011-12) 9 SOUTHEAST COASTAL REDEVELOPMENT PROJECT AREA PROJECTED TAX INCREMENT REVENUE Projected Gross Low&Mod. Tax Increment Total Remaining Fiscal Growth Total Tax Housing Excluding 33607.5 Balance for Years Rate Assessed Increment Set-Aside Low/Mod. Statutory Ag ncy Admin. Value 1% 20% Set Aside Payments &Projects Base Year 2001-02 103,733,755 2007 - 2008 2% 124,031,724 202,980 40,596 162,384 ; 40,596 121,788 2008 - 2009 2% 124,355,042 206,213 41,243 164,970 ; 41,243 123,728 2009 - 2010 2% 124,684,826 209,511 41,902 167,609 ; °"41,902 125,706 2010 - 2011 2% 125,021,205 212,875 42,575 170,300 42,575 127,725 2011 2012 2% 125,364,313 216,306 43,261 173,044 43,261 129,783 The following table presents projected revenue and expenditures'for the five (5) year period covering this Implementation Plan. The Agency adopts its budget on an annual basis; as such, actual revenues and expenditures may differ from those forecasts presented in this Implementation Plan and are therefore subject to change. ' • Future tax increment revenues were projected based on a 2% increase in the secured assessed value in the Project Area. • Interest earnings were estimated based on netrevenues and beginning fund balances. • Taxing agency payments from the non-housing fund have been calculated pursuant to Section 33607.5 of the Law. • Capital project costs were obtained from project estimates. PROJECTED REVENUE AND EXPENDITURES y7 Projected SOUTHEAST COASTAL PROJECT AREA Actual }Budgeted Projected Projected Projected Projected 5 Year 2006-07 J 2007-08 2008-09 2009-10 2010-11 2011-12 Total Beginning Cash Balance(including reserves) $612, 9 $503,205 $1,112,586 $1,174,154 $1,808,154 $2,454,833 Revenues Tax Increment Revenue(100%of Gross) $1 6,478 $169,808 $173,204 $176,668 $180,201 $183,805 $883,685 Tax Increment Transfer Out from Debt Service 32,172 $32,815 $33,472 $34,141 $34,824 $35,520 170,773 Interest Income f 23,094 $23,556 $24,027 $24,508 $24,998 $25,498 122,586 TOTAL j9$221,744 $226,179 $230,702 $235,317 $240,023 $244,823 $1,177,044 Equity Beginning $493,590 $503,462 $513,531 $523,802 $534,278 $544,963 2,620,035 TOTAL AVAILABLE FUNDS 4/) $1,327,753 $1,232,846 $1,856,819 $1,933,272 $2,582,454 $3,244,620 $10,850,011 Operations&Debt Service Costs =_ Debt Service&Trustee Fees 1 $474,885 $31,428 $32,057 $32,698 $33,352 $34,019 $163,553 Taxing Agency Pass Through Payments 31,427 40,596 $41,408 $42,236 $43,081 $43,942 211,263 Administration,Professional Services 48,236 48,236 $49,201 $50,185 $51,188 $52,212 251,022 TOTAL $554,548 $120,260 $122,665 $125,119 $127,621 $130,173 $625,838 FUNDS AVAILABLE FOR PROJECTS $773,205 $1,112,586 $1,734,154 $1,808,154 $2,454,833 $3,114,447 $10,224,173 Projects&Programs Cos/ Capital Improvement'Project(Wildlife 270,000 - 560,000 560,000 Conserv.&Magnolia Street Improvements) TOTAL d f $270,000 $0 $560,000 $0 $0 $0 $560,000 TOTAL COSTS $824,548 $120,260 $682,665 $125,119 $127,621 $130,173 $1,185,838 4€ FUND BALANCE SURPLUS/(SHORTFALL) $3,114,447 $9,664,173 Ending CashlBalance $503,205 $1,112,586 $1,174,154 $1,808,154 $2,454,833 $3,114,447 $9,664,173 i d Southeast coastal Project Area Five Year Implementation Plane 2007-08 to 2011-12 , AFFORDABLE HOUSING PLAN The Affordable Housing Plan requirement of this Implementation Plan is provided in the Affordable Housing Strategy that aggregates the affordable housing funds for both the Southeast Coastal Project Area and the Huntington Beach Merged Project Area. The Housing Component for the 2007-08 to 2011-12 Five-Year Implementation Plan is covered by the Affordable Housing Strategy. Administration of the Implementation Plan ` A new Implementation Plan will be produced every five years either> n conjunction with the housing element cycle or the implementation plan cycle. Implementation Plan Adoption Process Each Implementation Plan must be presented and adopted,at a duly noticed public hearing of the Agency. Notice of the public hearing must be conducted pursuant to this Section 33490 of the Law. The Notice must be published pursuant to Section 6063 of the Government Code, mailed at least three weeks in advance to all persons and agencies that have requested notice, and posted in at least four permanent places within the Project Area for a period of three weeks. Publication, mailing, and posting shall be completed not less than 10 days prior to the date set for hearing. TheVAgency may amend the Implementation Plan at any time after conducting a public hearingibn the proposed amendment. Mid-Term Implementation Plan Review Process At least once within the five-year term of the Implementation Plan, the Agency must conduct a public hearing and hear testimony of alljinterested parties for the purpose of reviewing the redevelopment plan and the corresponding implementation for each redevelopment project. This hearing must take place no earlier than two years and no later than three years after the adoption of the Implementation Plan. Fy y fip�pa t }} t� t 4