HomeMy WebLinkAboutE-10 Staff Report -Resoulution to execute Grant Agreement with MetroCONSENT ITEM
E-10
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
VIA: SERGIO GONZALEZ, CITY MANAGER
FROM: KURT CHRISTIANSEN, FAICP, ECONOMIC AND COMMUNITY DEVELOPMENT
DIRECTOR
DATE: MAY 7, 2018
SUBJECT: ADOPT RESOLUTION NO. 2018-C38 AUTHORIZING THE EXECUTION OF A
GRANT AGREEMENT WITH LOS ANGELES COUNTY METROPOLITAN
TRANSPORTATION AUTHORITY TO RECEIVE FUNDS FOR THE TRANSIT
ORIENTED DEVELOPMENT PLANNING GRANT PROGRAM ROUND 5 TRANSIT
ORIENTED COMMUNITIES (TOC) TAX INCREMENT FINANCING (TIF) PILOT
PROGRAM FOR A TIF FEASIBILITY STUDY
BACKGROUND:
The City became aware of a grant opportunity from the Los Angeles Metropolitan Transportation
Authority for the Transit Oriented Development Planning Grant Program Round 5 to conduct a
feasibility study for the Transit Oriented Communities (TOC) Tax increment Financing (TIF) Pilot
Program. At the July 17, 2017 City Council meeting, Staff was authorized to submit an application. The
City was a successful applicant and on March 1, 2018, the Los Angeles County Metropolitan
Transportation Authority Board of Directors approved the award of grant funds. The proposed action
adopts Resolution No. 2018-C38 authorizing Staff to accept the award.
RECOMMENDATION:
Staff recommends the City Council take the following actions:
1) Adopt Resolution No. 2018-C38, authorizing Staff to accept the award; and
2)Authorize the City Manager to execute a grant agreement with Metro, in a form acceptable to the
City Attorney on behalf of the City.
ANALYSIS:
The Los Angeles County Metropolitan Transportation Authority (Metro) Transit Oriented
Development Planning Grant Program (Program) provides funds to local governments to encourage
the development and adoption of land use regulations that promote transit oriented development
(TOD).
APPROVED
CITY COUNCIL
5/7/2018
Approve Listing Agreement with Jones Lang LaSalle Brokerage, Inc.
May 7, 2018
Page 2
On April 27, 2017 the Metro Board approved Round 5 of the program and a total of $3.1 million in
funding became available to the County of Los Angeles and all local governments with land use
regulatory jurisdiction within a one-half mile of exiting, planned or proposed Metrolink, Metro Rail or
Metro Transitway/Bus Rapid Transit stations and adjacent transit corridors.
In Round 5, Metro will fund two programs. The City was eligible to apply to the Transit Oriented
Communities (TOC) Tax Increment Financing (TIF) District Pilot Program. This pilot program will
fund studies that assess the feasibility of creating a tax increment financing districts which include
Community Revitalization and Investment Areas (CRIA) or Enhanced Infrastructure Financing
Districts (EIFD). The TIF feasibility study requires that transit supportive land use regulations be in
place or under development. TIF can be used to finance infrastructure improvements as well as
affordable housing.
The program objectives include:
• Supporting municipalities in implementing complimentary transit-supportive infrastructure
projects and affordable housing;
• Increasing transit ridership;
• Increasing the number of comprehensive, community-driven transit supportive planning
efforts around Metro light rail, Metrolink stations, and Metro Transitway/Bus Rapid Transit
stations and adjacent transit corridors in Los Angeles County;
• Improving local and regional efforts that enhance an equitable integration of transportation and
community planning;
• Improving the transit network and increase utilization of public transit by reducing the number
of modes of transportation necessary to access regional and local transit lines;
• Furthering the reduction in greenhouse gases through encouraging in-fill development along
transit corridors and transit use;
• Supporting and implementing sustainable development principles; and
• Increasing opportunities to meaningfully engage diverse stakeholders, especially underserved
and vulnerable communities, in advancing transit supportive planning efforts across the region.
The City was awarded a grant in the amount of $141,000 to carry out the feasibility study. The
Program is reimbursement-based. Funding will be disbursed on a quarterly basis subject to
satisfactory compliance with the expenditure plan and schedule. The program will not require local
matching funds.
As part of the General and Administrative conditions, the TOC TIF Feasibility Study grant requires a
local resolution evidencing the acceptance of the award and authorization to execute a Grant
Agreement with Metro. The Agreement will include the statement of work, planning objectives to be
achieved, the financial plan reflecting grant amount and any local match, if applicable, as well as a
schedule and deliverables. The schedule must demonstrate the project will be completed within 36
months of the date of execution.
These actions will authorize Staff to accept the award and authorize the City Manager to execute a Grant
Agreement with Metro, in a form acceptable to the City Attorney on behalf of the City.
Approve Listing Agreement with Jones Lang LaSalle Brokerage, Inc.
May 7, 2018
Page 3
FISCAL IMPACT:
There is no fiscal impact associated with authorizing Staff to accept the grant award and to execute a
grant agreement with Metro. The City was awarded a grant in the amount of $141,000. The program is
reimbursement-based. Funding will be disbursed on a quarterly basis subject to satisfactory compliance
with the expenditure plan and schedule. Staff will prepare a budget amendment once the grant
agreement is fully executed.
Prepared by: Reviewed and Approved:
Carina Campos Kurt Christiansen, FAICP
Economic Development Specialist Economic and Community Development Director
Reviewed and Approved: Reviewed and Approved:
Louie F. Lacasella Sergio Gonzalez
Senior Management Analyst City Manager
Attachments:
1) Resolution 2018-C38 Authorizing the Execution of a Grant Agreement with Metro
RESOLUTION NO. 2018-C38
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA
CALIFORNIA, APPROVING THE APPLICATION FOR GRANT FUNDS
FOR THE LOS ANGELES METROPOLITAN TRANSPORTATION
AUTHORITY TRANSIT ORIENTED PLANNING GRANT PROGRAM
ROUND 5, IN THE TRANSIT ORIENTED COMMUNITIES TAX
INCREMENT FINANCING PILOT PROGRAM, FOR A TIF
FEASIBILITY STUDY.
WHEREAS, the City of Azusa has been awarded funding from Los Angeles County
Metropolitan Transportation Authority for the Metro Transit Oriented Development Planning
Grant Program Round 5; and
WHEREAS, the funding opportunity provided by Metro through their Grant Program
entitled Metro Transit Oriented Development Planning Grant Program Round 5 in the Transit
Oriented Communities (TOC) Tax Increment Financing (TIF) Pilot Program seeks to provide a
feasibility study of forming TIF districts.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Azusa
does hereby finds, determines and declares as follows:
SECTION 1. Accepts funds from Metro for the Transit Oriented Development Planning
Grant Program Round 5 Transit Oriented Communities (TOC) Tax Increment Financing (TIF)
Pilot Program for a TIF Feasibility Study;
SECTION 2. Certifies that the City understands they will work with Metro to meet
established deadlines to complete project within 36 months of award;
SECTION 3. Certifies that the City understands they will execute a Grant Agreement
with Metro; and
SECTION 4. Authorizes the City Manager, or designee, as agent to conduct all
negotiations, execute and submit all documents including, but not limited to agreements,
payment requests and so on, which may be necessary for the completion of the aforementioned
project.
PASSED, APPROVED and ADOPTED this XX day of XXX, 2018.
Attachment 1
Page 2
___________________________________
Joseph Romero Rocha
Mayor
ATTEST:
___________________________________
Jeffrey Lawrence Cornejo, Jr.
City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF AZUSA )
I HEREBY CERTIFY that the foregoing Resolution No. 2018-CXX was duly adopted
by the City Council of the City of Azusa at a regular (or special) meeting thereof, held on the 7th
day of May, 2018, by the following vote of Council:
AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
___________________________________
Jeffrey Lawrence Cornejo, Jr.,
City Clerk
APPROVED AS TO FORM:
___________________________________
Best Best & Krieger, LLP
City Attorney