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HomeMy WebLinkAbout1986/07/16 - Agenda Packet - RDAMql �. CITY Cf RANCM (-1r.M OVCA REDEVELOPMENT AGENCY g AGENDA 1977 Lions Park Coamnity Center 9161 Base Linn Rnad RaaCLO Cucamonga, California ' J117 1fi'.-9R6 - 7i00 n u A. CALr. TD afne[ A. Roll Calls ML[ela _, Buquet _, Ring Paul —, and Vrigbt _. !n The foll"199 Coast Calmar Lear are erpaetd to be matiae &a aoe-ccmtra menial. Tbay will be acted Dpoe by the Y= at oaa tiac sLtbuat discussion. NO ITEMS SOBIIITTED G. 7HIL7C �tA[Y[C8 1. JOINT POBLY -WilgG WITH CITC COUNCIL TO CURSIDAR TAX 1 USI OP BOND PROCICON 902 7L CONSTRUCTION Dr—POOL= RESOLUTION NO. RA 86 -05 2 '.r A HRSOLUT1(9 OP TNR RANCHO CUCAMOINGA RLD89ILOPMEST AGENCY D1T=MIRIIG THAT CIVIC CENTER FACILITIES ARE Of DEN SPIT TO PMCHO REDEVELOPMENT PROJECT AREA AND D1TIg1:L3ING y OTHER MATTERS PROPERLY REATING THERETO s i1 HISOLOYIOS NO. E6 -204 3 , 'µ A RCSOLUrLON Of THE CITI COUNCIL OF TEE CITY OF RANCN') CUCAMONGA, CALIFORNIA, DETERMINING H� TPA't CIVIC CENSER FACILITIES A13 OF BENEFIT TO RANCHO REDAVE,OPMENT PROJECT ARC1 AND DETERMINING OTHER MATTERS PROPERLY REA "MO THERETO �! WI`1SY: aP.f:n.,;3y,- n :' •t..,, . _ N. •y _... 4 . 5 4 I W"Olopmat A643cy Agesdi —2- July A._ WOOL= I a., I ;1 P n! J! C , Ipe�C 4 K41 CITY OF RANCHO CUCAMONUA ---- RLDIMLO?MENT AGENCY STAFF REPORT DATE: July 16, 1986 TO: Mayor ana Mecbers of the City Cou,.cil Chairman and hesbers of the l;eacy Board FROM: Jarl. i.am, AICP, Community Development Director BY: Linda d. Dauteis, Senior Redevelopment Analyst Sbd3ECT HEARING 10 CONSIDFR USE Of BOND PROCEEDS FOR F•JBLIC FACILITY. TS P V BACKGROtn. r: On July 2, 1986 the City Council and •he Redevelopment Agency approva� actions which intuited a proposed sale a' and. ,he Ta;. Allocation Bond Issue, in order for the bonds to be 1•su_d it is neces ary for the City Council to hold a public hearing to approve the .i3e of -he band proceeds. The hearing is required pursuant to Seetior 33671, of the Health and Safety Code. In addition, it 13 necessary for the Agency, pursuant to Section 33445 of the Code, to deteivdne that the facilities that will be financed by the bond pro-.eeds are of benefit to the ;roject Area. EVALUATION: The proceeds from the 1986 Tax Allocation Bond issue will be used to complete the financing cbllgations under OPA 84 -1. Ai addition, the proceeds of the issue will bn used to finance public facilities, es defined in the attached Resnlutior, and further described in the Redevelopment Plan and the Preliminary Official Statement. The public facilities to be financed are identified to the Plan and the benefit to the Project Area was documented by the Agency at the time of its preparation. The City's role in the hearins process 1s to provide an opportunity to any Interested perstln to be heard with respec, to the use of the bond proceeds. The attached Resolution, prepared by Bond Counsel, cnntains the. necessary findings fov compliance with the Health and Safety Code. RECOMMENDATION: Conduct a public hearing and adopt the attached City Council ar genet' Fe—solutions. Respectfull submitte , Jack Lam, AICP Community Developmtnt Director at•achments: city Council Resolution Agency Resolution �� '• to i i I £� 1 ,i r� .r' t. I [ r' i ,it' f' r: it RESOLUTION A RESOLUTION OF THE RANCHO CUCAMONGA REDEVELOPMENT AGENCY DETERMINING niAT CIVIC CENYER rACILITIES ARE OF BENEFIT TO RANCHO REDEVELOPMENT PROJECT AREA AND DETERMINING OTHER. MATTERS PROPERLY RELATING THERETO RESOLVED, by the Rancho Cucamonga Redevelopment Agency as follows: WHEREAS, The Rancho Cucamonga Redevelopment Agency (the "Agency ") proposes to authorize, sell and deliver $32,345,000 principal amount of Its kencho Redevelopment Project Tax Alloration Bonds, 1986, Series A, a portion of the proceeds of which will De used to finance the costs of certain civic carter facilities (the "Facilities') to be located within the Agency's Ram-.ho Redevelopment Project Area (tne 'Project Area") and to pay such Bonds with certain Tax Revenues (as such tern is defired in the 1986 Supplemental Resolution authorizing the issuance of su;h Bonds): WHEREAS, the Agency is authorized by Section 33445 of the lisalth and Safety Code to so &poly such Tax Revenues upon the holding of a public hearing by the City as required by Section 33(79 of said Code anu upon the waking of certain determinations by the City Council of the City and by the Agency; and WHEREAS, The City Council has duly noticed and on this day duly held such public hearing at which all persons interested were given an opportunity to be heard, as evidenced oy the record of such proceedings, includin3 the affidavit of publication of notice on file therein; NOV., THEREFORE, IT IS DETERMINED AND ORDERED, by the Rancho Cucamonga Redevelopment Agency, as follows: 1. Rased on the reports of the City and Agency staff and the other evidence or file in the proceedings for the public hearing and the financing of the Ficiltties, the Facilities are ipreby determined to be of benefit to the Project Atea, dared on tip foregoing, it is further determined that there is no reasonable means )f financing the racilities other than by the issuance of the Agency's Rancho Redevelopment Project Tax Allocation Bonds, 1986 Series A. 2 The detereinatior< set forth in Section 1. hereof are final and conclusive. 3. This Resolution shall take effect from and after Its adoption. PASSED AND ADOPTED ON July 16, 1986, by the following vote: , RANCHO CUCAMONGA REOL'VELOPMENT AGENCY 114, ki AYES: NOES: t;i 3 ,t i 9X9 p. v .t 1 '- ALSOLUTIO.V A RESOLUTION OF IRS CITY COUNCIL OF THE CITY OF RANCHO CUCAMONf,1 DETERHINING THAT CIVIC CENTER FACILITIES ARE OF dENcFI" TO RANCHO REDEVELOPMENT PROJECT AREA AND DETERMINING OTHER MATTERS PROPERLY RELATING THERL -O RESOLVED, by ti.e City Council of the City of Rancho Cucamonga, as follows: _. WIfEPEAS, The Rarcho Cucamonga Redevelopment Agency (the "Age-icy") proposes to authorize, sell end deliver $32,345,000 principal amount of Its Rancho Redevelopment Project Tax Allocation Bnnds, 1986, Series A. a portion of the proceeds of :hich will be used to finance the costs of certain civic renter facilities (the •Facillttns') to bt located within the Agency's Rancho hederelopment Priject Area (the 'Project Asa') and to psy such Bonds with certain Tax Revenues (as such term is defined in the 1986 Supplembntal Resolution authorizing the issuance of such 8Rfds): WHEREAS, TM Agency Is authorized by Sectinn 33445 of the Health and Safety Code to so apply such Tax Revenues upon the holding of a public hearing by the City as required by Section 37619 of said Code and upon the making of certain determinations by thv City Council of the City and by the Agency; and WHEREAS, The City Council has duly noticed and on this; day duly hold such public hearing at which all persons Irterested were given on opportunity to be heard, as evidenced by tile rowed of such proceedings, including the affidevlt of publicati9n of notice on file therei ; NOW, THEREFORE, IT IS DETERMINED AND ORDERED, by the City Council Of the City of Rancho Cucamonga, as folloef: •�' 1. Based on the reports of the City and Agency staff and the other evidence on file In the proceedings for the public hearing and the financing of tte Facilities, the Facilities are h9reby determined to be of brnefit to the Project Aria. Based on the foregoing, it is further determined that there is no reasonable romans of financing the Facilities other than by the Issuance oot the Agency's Raru:ho RedavoloWnt Projert Tax Allocation Goads, 1936 Series A. 2. The determinations set forth in Section 1, hereof are final and r conclusive. 3. This Resolution shall taYe effect from and after its adoption. PASSED AND ADOPTED ON July 16, 198•6, by the following vote: CITY COVMC1L OF THE CITY OF RANCHO CU,CAMOMGA ' e AYES. I{�h 'Al iq • NOES: V, �IeS t )V) 1• r ,7 M1 i CITY OF RANCHO CUCAMOW, REDEVELOPMEASIM AGENCY., 9YAFF REPORT DATE: July 16, 1986 TO. Redevelopment Agency Rlard and Executive Director FROM: Jack Lam, Deputy Executive Director BY- Olen Jonas, Redevelopment Analyst SUCJECT: MARKETING BUDGET FOR FISCAL 'EAR 1986 -07 BACKGROUND: The Redevelopment Agency budget for fiscal year 1986- ST. ed on June 18, 1986, included an allocation of $80,000 for marketing and promotions. Staff was instructed to prepare a program for review and approval by the Agency Board. As you will note, the eaphasis of the promotions campaign is focused or. Industrial and commercial activity ANALYSIS: Research of available publications indicates that for approx mately $41,000. the Cfty cold recolve almost year round ad exposure. Staff examined a total of 14 publications to Determine the best possible use of the 1'leency's advertising resources. Each publication was judged on the basis of circulation, target audience, shelf -life, rea•.er response system, quality of publication, and appropriatene s of editorial calendar. Based on these considerations, staff recommends that ads be placed within the following publications, Area Development (circulation - 31,604), Business Facilities (circulation - 31,804), California Business (circulation - 70,000), Insito (circulation - 30,000), and plants, Sitos and Parks (ci- culatlon - 30,470), totalling 13 ad placements. Total cost for these ads is approximately $41,000, leaving a balance of $39,000 available for other uses. The attached matrix shows the recommended publication data and issue focus for each mugazl�e. Area Development, Buslnass Facilities, and Plants, Sites, E Parks were selected because they target top and middle management who are responsible for s to and offir location, facility planning, plant expansion for manufacturers, corporations, distributors, and service organizations. California Business was clbsen because it is the number one regiunal bus mess publication in the country, and it targets those who are responsible for corporate decisions. r It,l' .,• 9 PH a a ,m 1� L+ t r' l+ f( 3 �'r Marketing Budget July 16,1986 Page 2 Insite was selected because it is the only local publication, and because it focuses exclusively cn economic development in the Inland Empire. The remaining funds ara re'cammended to be allocated as follows: 1. $4,000-for prbductfoh of artwork and negatives for new ads. Agency anticipates the production of two new ads during this fiscal year. 1. S 2. $15,000 to prepare a marketing video tape on the City. Both Fontana and Ontario have prepared videos highlighting the community's assets and marketing a'cus. Staff recommends the production , of a video tape specifically for the City to be used at trade conferences, rating meetings, organizational seminars, etc. 3. $5,000 for p`ro'motional 'items and handouts. 4. $7,500 for professional writing services to prepare articles for publication in business ,journals, airline in- flight magazines. 5. $7,683 for use in conference attendance fees and purchase of display materials for use at the conferences.. Staff is researching the available economic development conferences (including California Redevelopment Agency and California ;. Association for local Economic Development) to A� }� determine which would be most appropriate in light of the City's goals. RECOWAENDATION: Approval of the recommended '•+ - dvert s ng Promotions budget. Respectfully ubmitt d,t s ' OLr`..tl Jack Lam, AICP Comunity Development Director JL:OJ:J�'." Attach. 3 �'r IIW, Publication Advertising Area Oevelo**e'rtt S 8,355. Business Fecilftims 3,162. o;:, California Ziuslness 17,800. Insite 3,000. o Plano, Sites 3 Parks a Soo Al S4ftT7-. Artkurk for Advertising 4,000. Marketing Video tape I Promotion and Handouts 5,000. Professional urf Ling strut ces 7,SOO. S .v Addition?l Confermemces.Equi Went Grand Total $801000. A-v v % �.J % k4l' ly : f1: 1 : w r P L A w S tY nM F• L r A f J, rl Ix . +1 n• J f 1�: t O 11.0 a C u e d a d r C N L vu sN.:Ns N C N L w � f026K W O P r C N q O b C N A U N of M b c r M C rUILU A L M A •J �wdi pbpJ Pr•. � p L °r u u A u > u r•• � r d b e11•p L M 4 0 b C N 7 _Cq ?• P L Y A o c N r•• �• rVr A n } U H C U PYl gwg qqt9 6M d n au Gr IC r q 4 r L n 6 A m • n • u a, a a L it u IFUa Ali O AL O r0 N rq aL + q i0 - YC6CL• ' P L Y O 1lYd. OIO ' 14 \N %w rv�x 1 d u 1 N - b .adl d. d Y. n•-N E r � d i� ccC W4N M Jl G d °b zA Y.. N n N OLr Mu L yyyGY A r d GAMY N °I_N ) •' O„ p •('�+ oo � a V r i. ' Z°' �in�+�•�th •� �q a ;b