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ARA1980-017RESOLUTION NO. ARA80 -17 A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY MAKING CERTAIN FINDINGS RELATING TO THE TAX EXEMPT FINANCING OF THE HEIL- STOOKEY BUILDING. WHEREAS, Willdan Associates desire to construct a commercial office building on the northeast corner of Broadway and Anaheim Boulevard; and WHEREAS, Health and Safety Code Section 33753 requires the Anaheim Redevelopment Agency to make certain findings when redevelopment construction loans are be be used for commercial purposes. NOW, THEREFORE, BE IT RESOLVED by the Anaheim Redevelop- ment Agency that it does make the following findings of fact: 1. That the Anaheim Redevelopment Agency (the "Agency ") has on July 19, 1973, by Ordinance No. 3190, adopted a Redevelopment Plan (the "Plan ") which designated the downtown area bordered by Harbor Boulevard and East Street on the west and east and by Cypress Street and Broadway on the north and south (the "downtown area ") and another noncontiguous industrial area as a redevelop- ment project area commonly referred to as Project Alpha ( "the project area "); and 2. That the Agency has previously made findings that the downtown area is characterized by blight, as defined in the Community Development Law, Health and Safety Code Sections 33030- 33039; and 3. That the downtown area is characterized by properties which suffer from economic dislocation, deterioration or disuse; and 4. That existing blighted conditions constitute a serious and growing menace which is condemned as injurious and inimical to the public health, safety, and welfare of the people of Anaheim; and 5. That the benefits of eliminating existing blight and the attendant redevelopment will accrue to the inhabitants and prop- erty owners of the downtown area; and 6. That the improvement of employment opportunities will reduce the despair and frustration which may exist in residential sections of the downtown area; and 7. That among the purposes of redevelopment is to expand employment opportunities, stimulate business development, and to create an environment for the social, economic and psychological growth and well -being of the residents of the downtown area; and -1- 8. That the improvement of business opportunities through the attraction of financially solvent businesses will likely assist in the upgrading of the downtown area, due to, among others, increased sales tax revenues; job opportunities; overall improve- ment of the environment because of new construction and landscap- ing; and improved commercial amenities, such as parking facilities; and 9. That the development of a mixture of new retail commer- cial, and office space facilities, is consistent with the goals of the Plan and will likely benefit and upgrade the economic base of the downtown area; and 10. That the downtown area is roughly an equal mix of commer- cial and residential uses, and that the existing or proposed com- mercial uses of development parcels in the downtown area are intended to supplement inadequate service facilities to the resi- dential neighborhoods by providing space for commercial offices, medical, dental and other professional uses, assorted retail stores, such as drug stores, garment wear shops, and food outlets; and 11. That Dan Heil and William Stookey, doing business as 198 Associates (the "Developer "), have proposed to construct a commercial /office building (the "project ") on a site adjacent to the new Anaheim City Hall, with an architectural design compatible with that Hall, which site will contribute to the successful up- grading of the downtown area; and 12. That the Developers are, in the opinion of an independent investment banker, financially able and solvent businessmen (Exhibit "A "); and 13. That the proposed office building will be three (3) stories in height and have approximately 45,000 square feet of floor space; and 14. That Willdan Associates, Engineers, Architects and Planners, intend to occupy approximately 20,000 square feet of floor space; and 15. That Willdan Associates provide engineering, architec- tural and planning services to both public agencies and private persons; and 16. That Willdan Associates is qualified to render such services, including design and structural repair advice on resi- dential and commercial units in the downtown area; and 17. That Willdan Associates relocation back to the project area and the construction of the proposed office building will generate construction jobs for residents of Anaheim, including the neighborhoods of the project area, (Exhibit "B "), as well as generate revenues to various downtown commercial businesses which supplement or service construction projects. Such business in- cludes, but is not limited to, hardware supplies, restaurants and food outlets; and -2- 18. That Willdan Associates has agreed to give reasonable preference to residents of the project area for employment oppor- tunities with Willdan Associates (Exhibit "C "); and 19. That the contractors constructing the Willdan building agree to give reasonable job preference to residents of the down- town area (Exhibit "D ") ; and 20. That approximately 13,000 square feet of floor space is currently uncommitted and available for lease to persons or busi- nesses of the downtown area; and 21. That the Developer and the Agency, in a "Participation Agreement" dated July 3, 1979, have agreed as follows: The Participant (Developer) agrees to provide reasonable preferences for businesses presently located within the Project area, to become lessees in the development on the Site ahead of others from outside the Project area to the extent such tenants are appropriate for the development and have reason- able financial resources to operate therein. Such preferences shall be made at rental rates and with other lease terms consistent with such rental and terms to be offered to similar tenants of the development. 22. That the proposed building will be located in close proxi- mity to, not only existing and proposed commercial uses, but also existing residential neighborhoods; and 23. That the construction of the project may encourage other commercial users to invest private funds in the project area; and 24. That construction of the project will contribute to the upgrading of the now vacant lot adjacent to the new Anaheim City Hall as well as tend to contribute to the upgrading of the overall project area; and 25. That unless the project and other planned redevelopment projects are completed in the project area, the area may stagnate and deteriorate from lack of private investment; and 26. That the employment of both professional engineers, architects and planners by Willdan, as well as the employment of other non - professional staff by Willdan and the tenants of the project may tend to render the work force of the downtown area more socially and economically balanced; and 27. That the construction of the project may generate tax increment funds, sales and property tax revenues, and business license tax revenues, each of which may assist the downtown area in becoming more economically self- sufficient; and =10 28. That the construction of the project will contribute to the physical mixture of residential and commercial uses of the downtown area and thereby may tend to reduce the pressures of sub - urbanization; and 29. That by generating jobs in the downtown area for persons who live in this area, construction of the project may mitigate some of the problems caused by urban migration and induce both professional and non - professional persons to relocate to the down- town area; and 30. That the generation of j hiring of persons who live in this resources because workers will not to work; and 31. That the construction of jobs generated thereby may improve Anaheim; and Dbs in the downtown area and the area, may save scarce energy have to drive their automobiles the project and the attendent the tax base of the City of 32. That the construction of the project will complete one segment of the redevelopment plan of the Agency and thereby pro- mote the public benefit by implementing the goals of the redevel- opment plan; and 33. That the project will contribute to the elimination of blight and the general upgrading of the downtown area by redevelop- ing vacant land and thereby generating increased sales and property tax revenues; by creating new jobs; by employing persons who may shop at existing downtown business establishments thereby increas- ing their revenues; and by landscaping the site to improve the visual appearance of the downtown area; and 34. That because of this proximity to existing and proposed residential neighborhoods, and because this building will help ameliorate blight, and based on each of the above mentioned find- ings and the attached exhibits hereto, the Agency hereby finds and concludes that the office building proposed by the Developer ad- vances the goals of the Redevelopment Construction Loan Act, is integral to the residential neighborhoods of the downtown area and will advance the purposes of redevelopment as defined by the Agency in its Redevelopment Plan. THE FOREGOING RESOLUTION is approved and adopted by the Anaheim Redevelopment Agency this 3rd day o t f—,Zune, 1980. IM REDELOPMENT AGENCY ATTEST: SECRETARY ANAHEIM REDEVELOPMENT AGENCY FAL,JR:fm -4- STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF ANAHEIM ) I, LINDA D. ROBERTS, Secretary of the Anaheim Redevelopment Agency, do hereby certify that the foregoing Resolution No. ARA80 -17 was passed and adopted at a regular meeting of the Anaheim Redevelopment Agency held on the 3rd day of June, 1980, by the following vote of the members thereof: AYES: AGENCY MEMBERS: Overholt, Kaywood, Bay, Roth and Seymour NOES: AGENCY MEMBERS: None ABSENT: AGENCY MEMBERS: None AND I FURTHER CERTIFY that the Chairman of the Anaheim Redevelopment Agency signed said Resolution on the 3rd day of June, 1980. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 3rd day of June, 1980. SEcnTAAY OF THE ANAHEN REDEVELOPMENT AGENCY (SEAL) BRANCH OFFICES: Minneapolis, Minnesota 55431 Northwestern Financial Center 7900 Xerxes Avenue South (612) 831 -1500 Northbrook, Illinois 60062 899 Skokie Blvd., Suite 540 (312) 564 -4010 San Francisco. California 94104 220 Sansome Street, Suite 1200 (415) 981 -1648 Miller & Schroeder Municipals, Inc. 505 LOMAS SANTA FE DRIVE, SUITE 200, SOLANA BEACH, CALIFORNIA 92075 TEL. 714- 481 -5894 May 27, 1980 Mr. Norman J. Priest Executive Director Anaheim Redevelopment Agency 106 North Claudina, Suite 400 Anaheim, California 92805 Dear Mr. Priest: We have reviewed the financial statements and tax returns of the partners of One Ninety -Eight Associates, a California partnership con- sisting of Messrs. Dan W. Heil and William C. Stookey (the "Partners ") in connection with the proposed construction of a three -story office building for Willdan Associates to be located in the City of Anaheim, California, within the redevelopment project area, the permanent financing for which will be provided by the proceeds of tax - exempt commercial mortgage revenue bonds, in the amount of approximately $3,000,000, issued by the Anaheim' Redevelopment Agency. In addition, we authorized and evalauted a credit search of the Partners and reviewed other documents with respect to the financial and history of the Partners that we consider necessary and appropriate for the purpose of rendering this opinion. Based upon such review, and such other considerations we believe to be relevant, we are of the opinion that Messrs. Dan W. Heil and William C. Stookey, the partners of One Ninety- Eight•Associates, a California partnership, are financially able and solvent businessmen and that the proposed development is financially and economically feasible. Very truly yours, Michael F. Whipple Vice President MFW:sk cc: Susan F. Shick Frank A. Lawry David Casnocha Dan Heil Exhibit "A" William Stookey Herb Weiser • WILLDAN ASSOCIATES ❑ ENGINEERS, ARCHITECTS & PLANNERS 'A7 Anaheim, Cerritos, Oxnard, Palm Desert, San Bernardino and San Diego, California Phoenix, Tempe and Flagstaff, Arizona May 26, 1980 Isis. Susan Schick Anaheim Redevelopment Agency 106 N. Claudina, Suite 400 Anaheim, California 92805 Dear Ms. Schick: As stated in Finding No. 17 of the findings related to the tax - exempt financing of the Willdan building, reconstruction of the building will generate jobs for the residents of Anaheim, including the neighborhoods of the the downtown redevelopment project area. While we do not have a contractor for the project at this time, it is our estimate, based upon our experience in construction- related fields, that the project will generate 50 constructional jobs. These jobs will include skilled laborers, apprenticeship workers and supervisory personnel. Very truly yours, Ti l l�i`am C. Stookey WCS:Jg EXHIBIT "B" 1020 S. ANAHEIM BOULEVARD • SUITE 300 • ANAHEIM, CALIFORNIA 92805 • (714) 774 -5740 • (213) 924 -1631 WILLDAN ASSOCIATES ❑ ENGINEERS, ARCHITECTS & PI ANNERS 'A7 Anaheim, Cerritos, Oxnard, Palm Desert, San Bernardino and San Diego, California Phoenix, Tempe and Flagstaff, Arizona March 24, 1980 Wilson, Morton, Assaf & McElligott 630 North San Mateo Drive P. 0. Box 152 San Mateo, California 94401 Attention: Mr. David Casnocha Gentlemen: The present number of employees at Willdan is 81; of which 25 are professional. On the basis of the attached chart, you can see that our growth would increase at the rate of 7 to 10 employees per year. On the basis of inquiries with the County Assessor's office, it would appear that our property taxes would be approximately $42,000 per annum for 1981 -82. Ver truly yours, an W. Heil President DWH:dje Attachment 1020 S. ANAHEIM BOULEVARD • SUITE 300 • ANAHEIM, CALIFORNIA 92805 • (714) 774 -5740 • (213) 924 -1631 WILLDAN ASSOCIATES ❑ ENGINEERS, ARCHITECTS & PLANNERS IA7 Anaheim, Cerritos, Oxnard, Palm Desert, San Bernardino and San Diego, California Phoenix, Tempe and Flagstaff, Arizona 14ay 26, 1980 Ms. Susan Schick Anaheim Redevelopment Agency 106 N. Claudina, Suite 400 Anaheim, California 92805 Dear Ms. Schick: Finding No. 19 of the findings related to the Willdan building provides that the contractor constructing the Willdan building will agree to give reasonable job pref- erence to residents of the downtown redevelopment project area. As of this date, no contractor nas been hired to construct this building. However, we will include in any contract we sign with the general contractor of our building, that he will give residents of the downtown redevelopment project area reasonable job preference consistent with applicable laws and agreements. Very truly yours, William C. Stookey WS:jg Accepted by th$ Ana e Redevelopment Agency J EXHIBIT "D" ATTEST: SECRETARY 1020 S. ANAHEIM BOULEVARD • SUITE 300 • ANAHEIM, CALIFORNIA 92805 • (714) 774 -5740 • (213) 924 -1631