City of Riverside. No. 97-CV-0237, 2007 WL 2005177, at * 6 (C.D. Cal. May 16, 2007).
City of Riverside. Redevelopment Strategies KMA has served as the economic advisor to the City of Riverside Redevelopment Agency for over 25 years. KMA services have included financial analysis, market demand forecasts, participation in developer interview panels, review of developer qualifications, and assessment of potential development opportunities within various project areas. KMA’s services have been utilized by the Agency on a wide range of projects, large and small, throughout the varied redevelopment project areas of Riverside. These projects include: • Breezewood Apartments • California Square • Downtown Riverside Specific Plan • Fox Plaza • Imperial Hardware Redevelopment Project • Market/Magnolia Corridor Land Use Study • University Community Plan Update • University Village • Van Buren Boulevard Widening Study • Valencia Plaza Metropolitan Transit System (MTS) – Morena/Xxxxx Xxxxx Trolley Station Joint Development KMA prepared the RFQ, RFP, and advised the transit agency on selection of the developer for the development of a mixed-use project at the Morena/Xxxxx Vista Trolley Station in San Diego. KMA assisted MTS negotiate a Disposition and Development Agreement and ground lease with the selected developer, evaluated the development's financial feasibility, and recommended deal terms. The transaction closed with a ground lease conveyance in December of 2004 and the development is currently under construction. When complete, the mixed-use development will feature approximately 180 apartments, 25,000 SF of commercial space, and a trolley park-and-ride facility. North County Transit District (NCTD) – Disposition of North County Properties KMA advised NCTD on the disposition of multiple properties located in the North County cities of Solana Beach, Oceanside, Carlsbad, and Escondido. KMA assisted NCTD on issues related to developer selection and the evaluation of the market and financial feasibility of development proposals. KMA also negotiated terms of development agreements with selected developers on behalf of NCTD. Metropolitan Transit System (MTS) – Grossmont Trolley Station KMA completed a feasibility planning study for a proposed mixed-use development at the La Mesa Grossmont Trolley Station with the assistance of Gruen Associates, a planning and urban design firm. Based on the study, KMA assisted the City of La Mesa and MTS in the solicitation of developer qualifications and the selection of a developer. Currently, KMA is working with MTS on the financial a...
City of Riverside. MAWC, Riverside, Staff and Public Counsel shall form a task force to further investigate the service concerns expressed in Riverside’s testimony. If the parties to the task force cannot agree on infrastructure plan provisions by November 1, 2010, then they will bring their unresolved issues to the Commission for adjudication.
City of Riverside. The Assignment of Rents secures an obligation of the Borrower to make certain annual payments to the Agency for the repayment of funds the City obtained from HUD in connection with the redevelopment of the Property.
