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HomeMy WebLinkAbout2002 CON CDC Investment Dev. Services - MOU Pacific Steel PropertyMemorandum of Understanding By and Between 0,9/ G1/4/ 41 The Community Development Commission of the City of National City And Investment Development Services, Inc. September 24, 2002 This Memorandum of Understanding (hereinafter "MOU") is entered into by and between the Community Development Commission of the City of National City (hereinafter "CDC") and Investment Development Services, Inc., a California Corporation (hereinafter "IDS") on September 24, 2002 based upon the following recitals, terms and conditions. RECITALS A. On May 7, 2002 the CDC and IDS entercd into an Exclusive Right to Negotiate Agreement (hereinafter "ERN") whereby IDS proposes to redevelop certain real property otherwise known as the Pacific Steel, Inc. ("PSI") property (hereinafter " Project Site"), which is further described on Exhibit "A", Project Site Map, attached hereto, within the Harbor District Redevelopment Area (hereinafter "Harbor Area") of the National City Redevelopment Project Area (hereinafter "Project Area"). B. IDS desires to develop the Project Site as a multi -tenant medium/heavy manufacturing business park (hereinafter "Project"). C. Pursuant to the ERN the CDC has indicated a willingness to assist IDS by facilitating the property assemblage, environmental remediation, and California Environmental Quality Act (hereinafter "CEQA") and entitlement activities required to develop the Project. D. IDS has agreed to provide the funds necessary for the CDC to initiate the property assemblage activities required to acquire Parcels 1 and 2 (and a portion of Parcel 3) of the Project Site ("Phase I") while at the same time IDS negotiates with PSI for the direct acquisition of Phase I (the "Direct Sale"). E. 1'he parties anticipate that the balance of Parcel 3, along with Parcels 4, 5 and 6 of the Project ("Phase 11") may be redeveloped pursuant to an Owner Participation Agreement with PSI (the "OPA") involving IDS as the Project developer. F. Pursuant to the ERN the CDC and IDS desire to set forth the initial duties and responsibilities of the parties as they relate to implementing the Project, with the complete duties and responsibilities of the parties to be set forth in one or more Disposition and Development Agreements to be negotiated in the near future, which the parties intend to be consistent with this MOU. ORIGINAL TERMS AND CONDITIONS In consideration of the foregoing Recitals and the covenants and promises hereinafter contained, the parties hereto agree as follows: 1. Advance of Funds. On or before September 19, 2002 (or as soon as the funds are received from the San Diego County Treasurer in connection with Superior Court Case No. GIC-792725-1) IDS shall deposit with the CDC by wire transfer or by Cashiers' check, Two Million One Hundred Thousand Dollars ($2,100,000) (the "Cash Advance") which the CDC shall deposit into the Local Agency Investment Fund and which the CDC shall use to pursue the voluntary sale of Phase I by PSI to CDC (the "Negotiated Sale"). Interest earned shall be added to and shall constitute a part of the Cash Advance. If neither the Direct Sale is agreed upon by IDS and PSI, nor the Negotiated Sale is agreed upon by the CDC and PSI, the Cash Advance could he used to fund a deposit into court in order to secure immediate possession of Phase I in connection with an eminent domain action for the acquisition of the entire Project Site (the "Condemnation Action") should CDC pursue the Condemnation Action in CDC's discretion pursuant to Section 14 below. Subject to the right of IDS to require the abandonment of the Condemnation Action as set forth in Section 12 below, IDS shall be responsible for all reasonable costs and expenses, settlement agreements approved in writing by IDS (said approval not to he unreasonably withheld, conditioned or delayed) and judicial awards to PSI in connection with the Condemnation Action in excess of the Cash Advance (the "Condemnation Amount") including all costs, expenses and damages judicially determined to be due to PSI as a result of the abandonment of the condemnation action. 2. Phase I DDA. The CDC and IDS shall use commercially reasonable efforts to negotiate a Disposition and Development Agreement that will identify the scope of development, implementation schedule, and funding responsibilities for Phase I, including a cap upon the maximum amount of the Condemnation Amount for which IDS shall be responsible (the "Phase I DDA"). In the event the CDC and IDS do not agree upon the terms and provisions of the Phase I DDA, this MOU shall terminate and neither party shall have any rights or obligations hereunder except for the indemnification obligations of IDS pursuant to Section 13 below, and the Cash Advance shall be promptly returned to IDS subject to the provisions of Section 16 below. 3. Phase II. It is anticipated by both parties that after the execution of the Phase I DDA, either (i) Phase II will be redeveloped pursuant to the OPA, or (ii) the CDC and IDS will attempt to negotiate an additional DDA for Phase II (or amend the Phase I DDA) pursuant to which IDS will advance additional funds to acquire Phase II and to pay for associated improvements and to fund relocation expenses and goodwill loss claims associated with Phase II. IDS understands, acknowledges and agrees that if no OPA is entered into with PSI for Phase II and if the Condemnation Action is abandoned for Phase II IDS shall be responsible for all costs, expenses and damages judicially determined to be due to PSI as a result of the abandonment or agreed to be due to PSI pursuant to a settlement agreement approved in writing by IDS (said approval not to be unreasonably withheld conditioned or delayed), if any, and IDS shall be obligated to indemnify the CDC pursuant to Section 13 below. Except as expressly stated in this MOU, and accept for communications in connection with the OPA and/or Condemnation Action, 2 CDC shall not communicate with any third parties any activities as to Phase II without the express written approval of IDS. 4. Schedule of Performance. The Schedule of Performance presented in Exhibit "B", Schedule of Performance, attached hereto, details the actions, responsible parties and the schedule to implement the actions contemplated by this MOU. The actions, responsible parties and the schedule presented in Exhibit "B" shall be modified and supplanted by a schedule of performance that shall be developed in conjunction with the Phase I DDA. 5. Permits. The Phase I DDA will provide that the CDC will obtain "no further action" letters or certificates of completion from the appropriate environmental agencies regarding Project Site remediation activities, and will assist IDS in obtaining required permits from the City of National City (hereinafter "City"). The CDC shall fully coordinate with IDS in conjunction with all of the foregoing. The CDC will not assist IDS with obtaining Air Quality Management District (hereinafter "AQMD") permits. Exhibit "B" presents the schedule that both parties will pursue to process the required non-AQMD permits. 6. Off Site Improvements. The Phase I DDA shall provide that the CDC is not obligated to pay for any utility, conduit or sidewalk replacement costs associated with Project Site improvements or Project development. IDS will only be required to pay for offsite improvements, which are required to facilitate Project Site improvements or Project development. 7. Railroad Spur. The Phase I DDA shall provide that the CDC will assist IDS, to the extent reasonably possible, in obtaining a railroad spur for the Phase I Project Site at the most competitive rate and in a reasonably prompt manner. 8. Future Project Area Development Opportunities. The CDC desires to redevelop other properties within the Harbor Area and IDS is interested in pursuing additional redevelopment opportunities within the Harbor Area. As the CDC identifies properties that may be designated for future redevelopment initiatives, or as IDS identifies properties whose redevelopment may complement the Project, and provided that IDS completes the Project to the satisfaction of the CDC, subject to any restrictions and requirements of applicable law and any other requirements or restrictions imposed by the Redevelopment Plan and Owner Participation Guidelines for the Project Area, the CDC will offer IDS an opportunity to participate in these future redevelopment activities. Subject to applicable legal restrictions and requirements, the CDC will offer IDS a first right of refusal to participate in future redevelopment activities in which IDS has a legal interest in property which is the subject of a proposed redevelopment project. 9. Design Criteria. The Phase I DDA shall provide that the CDC will consult with IDS to jointly formulate design guidelines and development standards for the future rehabilitation and/or redevelopment of properties adjacent to the Project Site. 10. Financing Options. The Phase I DDA shall provide that the CDC will, to the extent reasonably possible, assist IDS in identifying and obtaining financing for the Project. The 3 CDC will further assist IDS in obtaining Industrial Development Bond financing should IDS desire to pursue the same. 11. Environmental Requirements. The CDC has prepared and approved a Master Environmental Impact Report (EIR) for the Harbor Area, which is capable of being amended to include the Project Site. IDS shall prepare all necessary environmental documents as required by CEQA and local regulations, for certification by the City/CDC. IDS agrees to cooperate with the CDC and the City, as requested, to help identify the environmental impacts associated with the Project, and to prepare any additional documents as may be needed to complete the environmental review for Project development. The Project Site requires hazardous materials remediation due to prior uses that resulted in the generation, release or disposal of hazardous substances. The CDC and IDS arc conducting preliminary environmental investigation activities to identify the scope and extent of Project Site contamination. In order to define the obligations of the CDC and IDS regarding hazardous materials abatement and liability for hazardous materials found on the Project Site pursuant to this MOU, the CDC and IDS hereby approve the terms and conditions presented in Exhibit "C", Environmental Terms, attached hereto, and further agree to incorporate these terms and conditions into the appropriate sections of the Phase I DDA. 12. Project Abandonment. Subject to IDS' indemnification obligations pursuant to Section 13 below, IDS shall have the right to abandon (i.e., terminate its development activities) Phase I and/or Phase II of the Project at any time prior to settlement of (or a judgment in) the Condemnation Action as to that particular Phase. If either Phase I or Phase II of the Project is abandoned by IDS for whatever reason (including, but not limited to, the failure of PSI to agree upon the Direct Sale, Negotiated Sale or the failure of CDC and IDS to agree upon the terms and provisions of the Phase i DDA or abandonment of Phase I of the Project by IDS either prior to or after the filing of the Condemnation Action) the CDC shall not be obligated (as to the abandoned Phase) to reimburse IDS for any costs incurred in connection with the Project, Project Site, or this MOU, including, but not limited to, out of pocket expenses or consequential losses/damages (to the extent the foregoing apply solely to the abandoned Phase). In the event IDS does not end up redeveloping the Project Site for any reason, the CDC will reimburse IDS (or cause a new developer to reimburse IDS) for the out of pocket costs of the Phase 1 Environmental Survey, the Real Property Appraisal, and the Fixtures and Equipment Appraisal (said appraisals are dated June 21, 2002) if these documents and materials are used to facilitate a redevelopment of the entire Project Site by someone other than IDS. The CDC will not be responsible for any reimbursement for the above -identified costs after June 30, 2003. 13. Hold Harmless/Indemnification. IDS shall indemnify, defend and hold CDC harmless from and against any and all losses, costs, damages, expenses, claims, liabilities, actions, and causes of actions (including reasonable attorneys' fees and costs), which CDC may sustain or incur in connection with both IDS' and CDC's actions or omissions in connection with the Direct Sale, the Negotiated Sale, the Condemnation Action, and the carrying out of the terms and provisions of this MOU, including, but not limited to, claims by PSI for inverse condemnation, breach of contract, damages in the event the Condemnation Action is abandoned, or any other cause of action. Notwithstanding the foregoing, IDS shall have no indemnification 4 obligations to the CDC in connection with matters arising from CDC's gross negligence or willful misconduct. 14. Eminent Domain. By executing this MOU the CDC is not committing itself or agreeing to use eminent domain to acquire the Project Site or any portion thereof as a result of the ERN, this MOU or the Phase I DDA except as the CDC deems consistent with the requirements of the law, and the CDC shall retain its full and unfettered discretion to reject the use of eminent domain to acquire the Project Site or any portion thereof. IDS shall not have any claim against CDC for damages or otherwise if the CDC abandons the acquisition of Parcels 1 and/or 2 or any other parcels of the Project Site because it does not elect to acquire these properties through eminent domain. 15. Disposition and Development Agreement (DDA). This MOU is supplemental to the ERN. Additional terms and conditions will be developed during subsequent negotiations between the CDC and IDS, which negotiations shall be conducted in a reasonable manner, and will be incorporated into the Phase i DDA. Neither party will be obligated to go forward with the Project until both the CDC and IDS approve the Phase I DDA. If there is a conflict by and between the terms and conditions of the ERN and/or a subsequently executed DDA and this MOU, the approved DDA shall take precedent and prevail over the terms and conditions of the ERN and this MOU. If the parties have not agreed upon the Phase I DDA prior to the expiration of the Term of the ERN, this MOU shall lapse and neither party shall have any further rights or obligations pursuant to this MOU except for IDS' obligations pursuant to Section 13 and 16 hereof. 16. Security for Indemnification Obligations. In the event that either the Negotiated Sale or Condemnation Action does not go forward, and/or IDS and the CDC do not agree upon a Phase I DDA to acquire Phase 1, the Cash Advance shall be promptly returned to IDS, provided arrangements are made to the reasonable satisfaction of the CDC and its counsel to secure the obligations of IDS to indemnify CDC pursuant to Section 13 above (e.g., issuance of a policy of insurance, bond, letter of credit, personal guaranty, escrow holdback of a portion of the Cash Advance, etc.). 17. Good Faith. The parties shall act in good faith with respect to this MOU and in negotiating any documents contemplated herein. 5 IN WITNESS WHEREOF, the CDC and IDS have executed this MOU on the respective dates set forth below. COMMUNITY DEVELO ENT COMMISSION OF THE CITY OFCiIpNA CITY By: Paul 1Ssrokliers . Exkcutive Director Dated: INVESTMENT DEVELOPMENT SERVICES, INC. BY: Mark E. Hoekstra, Principal Dated: APPROVED AS To FORM: Attorney for Community Development they for Squires -Belt Material Company Commission of the City of National City 6 EXHIBIT "A" PROJECT SITE MAP 017.202621.6 Exhibit A - Page 1 CLEVELAND AVENUE HL H-14 n BUILDING - C SITE PLAN •� 1 nr HAAREA MAP 01•11.1D*W `I - TI III ILL nn.1110 ri1.. KEY PLAN run....aa..w nr r L PROJECT DATA ..e M.. t� Plie t,„ Num elm.. WI MIA INvEsrmarr DEVELOPMENT SERVICES. INC. SQUIRES -BELT MATERIAL COMPANY N.ae..r r..., C.nu.ra. SmithConsultingArchitects .IY (M/24/2002 12:28 FAX 858 551 1418 JOHN NAUMAN 21003/003 Sep-12-O2 03:51P P.02 3) TO z V n YI oCi) ,,C 033 z� nD 03 r m 0 x A 2°J0 FT. _ _ 0 2 C m 1 N W EXHIBIT "B" SCHEDULE OF PERFORMANCE 017.202621.6 Exhibit B - Page 1 Early SRA ERNS AREA J I JUL I PLR SEP MAY I MI I JUL T AIRS ESIGN DEVELOPMENT / ENVIRONMENTAL PHASE PROJECT ACOUSRION. 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OSEP00 _ _ 1 100M TRAFFIC/ MA NOISE STUOES 16 020CT02 220CT02 S Ices.INIEPAFE IMAM NEGATIVE DECLINATION (Men -- — 10 26OCT02 I1 NOV02 IE 10059 NOTCE AVARAiRY OF MID 1 12110V02 12NOV0o 6 10d4 WOPUSLA: REVIEW 24 12NOV02 110EC00 9 10051 TOTICE AYALABIJTY OF ODA I 19NOV02 1INOV02 1 f lm1A COA PORK REVIEW 14 201.01102 NOECO2 S I 1(01e RPM WARM) ONISO AND DOA 1 170EC00 170E002 S 1 I 114EP0]A ' 17SEPO2A I SMITH CONSULTING ARCHITECTS DESIGN OEVELOPAIENT REVIEW A APPROVE 220 1 ARCH A LANDSCAPE PREPARE COAL OEVEL PACKAGE I s 09SEPO2A 1SSEp044 S 22$ 'CDC REVIEW PACKAGE A ISSUE COMMENTS , 10 ' 16SEP02A ' 208EP62 Is TOARCORRECTIONS CN A LANDSCAPE MAKE CORRECTNS a PE6UB4T 2 204EP02' 020CT02 S 235 'FOUL CCC REVIEW AND APPROVAL 10 610CT02 11OCTO2 S 240 CITY CCRICLHEARtO FORDESCN APPROVAL 6 1 1TOCT02 L 220CT02 I CONSTRUCTION DOCUMENTS & PLAN CHECK (EXECEP TIE 265 !KIN CHECK& CORRECTIONS So 120ECO2 I 00E602 S 270 FULLGRAD4IO A BUILDING PERMITS S 06fj033 07FEBm S PSI REMEDYLL SCHEDULE + PHASE ONE TESTING PROPERTY MITIGATION REPORT I � + AGENCY REVIEW • REMEDUITION • GEOTECHMCAL TESTING • SITE WORK/GRADING & UTILITIES 1 ' 105EP02A. ' 106EF@A fa I 11OCT02 260CT02 46 I 2000T02 I 210ECO2 a L L 01JANO3 I 121,E643 S r0 102CY02 ONSTRUCTION PHASE - MANUFACTURE OLDI'i D BUILDING B-AFG.I WHSE & OFFICE F10214 ' E1CAVATSFORM'REBARROUR FOOTFIO3 WOIS 1.0.O. CONVICTS 10050 TILT OP WALLS 10106 ROOF FUNKS 15171 IROOFNO 1022O :MOM COMM-GTE ONSTRUCTION PHASE - A MANUFACTURE / WAREHOUSE / MEZZINE 20 160E1303 17MAR00 II 02MAR01 26MAII01 AU MOMS 00MAYOS II 16MAYO OtUFC1 12 SWAYS* 11NNC1 SIJULDS I 1So06 EILCAVATESORUREBAIUPOUR FOOTINGS 1A015 TATUPWALLS !Soto 5.0 O. CONCRETE 11026 ROOF FRAMING . ISCOD !ROOFING 16000 : 13413316 COMPLETE I5 30 10 12 15FBW 2Y1:10f I2F®Gl 15AR140 01MAY02 II MARTOS O7APROS S 12MNM7 S S0MR02 S 12MAY00 IS 21JUL0S S ♦TIL11DE 1N011 FULL PROJECT DESCRIPTOR W/2ITE PLAN A ELEVATIg4 PREPARE PROPERTY IRRIGATOR PLNI ROPY TO PINRCSIA4E LT71 APPROVAL CA DELIVERY �TfWP1C/M1 \NOSE STOWS PIBPME IET1GATse PECATNE DECLARATION POND) NOTICI AVAAABUTY OF I O 10O PIBLIC REVIEW NOTCE AVAIABLT' OF ODA 7OQA PUBLIC REVIEW HOLD *NOVO ON MIO WOODS aniecii A LNOOCAPE PREPARE COMA OEVEL PACKAGE AINIMIsmaxIc CDC REVIEW PACKAGE A ISSUE COMMENTS ARCH & LANDSCAPE MAX! CORRECTIONS A RESUBIET FINAL CDC RIVEN AND APPROVAL CITY COIBICL HEAPING FOR Moil APPROVAL BRIETESOMPOSIMMES,PLAN CHECK & CORRECTIONS PULL GRADING S EULDINO PERMITS BEWTMNEXCAVATEPCPWRESINIMOUR MOTTOS STII=O.R CONCRETE TLT UP WALLS ROOFING �EICAVATFJFOR4AE0MMWR iCOTNGS SIIMEIMEMINFTLT UP WALLS IIMI/S.O.O. CONCR610 FROMM ROOFNG BULOOIO C0IPLETE• Spirt DAM Finish 011A DATA Ms Run Oat. 0 ma .rtis 3,slV^s. Inc. 11JUNOS 7ry IBT02 21JUL02 175EP02 Proems Bb IASEP02 /SSA 4PimilmnImiminimmdr Cr1tIOA4 AaMIy IDS / SOUIRES-BELT PROJECT SUMMARY OF ACTIVITIES Shoot 1 of 1 dial) dougloo ¢. bow-nhart. Inc. Revision 'hockoApproves D • Dmortolke f S Dar Sun FINN • PROJECT ACOUSMON 1' _ h . ;:ca y ; :. i10010 PREPARE PROPERTY SOTOATON PLAN 10034 OFFER TO PURCHASE LTR APPROVAL OR DELIVERY 10044 TRAFFIC I RR a NOSE STUDIES 10054 PREPARE NITRATED NEGATIVE DECLARATION (10D) 10069 NOTICE AVARAEUTVOF MID- - 10061 UD PUBLIC REVIEW 10060 NOTICE AVAIABILRY OF DOA 10074 DOA PUBLIC REVIEW TOOTS HOLD LEAVING CPI RAND AND DDA -. FlNALNE YOU FILL PROJECT DESCRIPTOR W/SRE PLAN a ELEVATION 11 30 1 15 10 SMITH CONSULTING ARCHITECTS U 173EPWA 17SEPDIA 17SEP00A 0100702 17SEPO2A RECTO 206EPOY 208EP02 0200702 220CT02 290CT02 'IKONDO 12110V02 12LDV32 13NOV0O 1 MONO 10NOV02 MADVD2 000EC03 17DE000 17DECO2 SCHEMATIC DESIGN 200 06T U. PROGRAMING MEETINGS ® 25JULCaA 205 0E360.1 SITE E RD01(6 ELEVATORS & FLOOR PLANS 06A0002A 210 SDURIES BELT APPROVAL / 69SEPO2A .._ _.. .B r—OSEP02A 215 COST UPDATE NO.1 DESIGN DEVELOPMENT REVIEW & APPROVE 220 as 230 235 ARCH? & LNDSCAPE PREPARE COME DEVIL. PACKAGE 5 OMSEPOOA CDC REVIEW PACKAGE a ISSUE COMMENTS 10 - t6SEP02A ARCH• LMDECAPE RIME CORRECTORS & RESUBMIT_ 3 FINAL CDC REVIEW AND APPROVAL 10 O3OCT02 NO OTT COUNCIL HEARING FOR DEMON APPROVAL 5 . /7OC102 CONSTRUCTION DOCUMENTS & PLAN CHECK (EXECEP TI) 245 250 265 267 DESIGN DEVELOPMENT • ARCH, STRICT, RAPE, CIVIL COOTDfMTE CONVEYOR EQUIPMENT DESIGN COST UPDATE HO.2 CONSTRUCTION ROCS- ARC/, STRU.•T, APE CM. LS 23 o30CTO7 0UOV02 10 /0OCT02 23DCTO2 9 OMIOV02 14NOV02 04020ECO2 OV02 1 /1DE(Q090E0022 /NA1E302A 06SFPO2A 09SEP02A HISEPO2 13SEMOA 3DSEP32 020CT02 16OC702 23OCT0'i 280 COST UPDATE NO. ] 8 _. 266 PLAN CHECK a CORRECTIONS __ .. 39 120E032 1_0/FEB03 770 PULL GRADING a BUUNRO PUNTS 3 06FEBee I WFEIm OFFICE TI CONSTRUCTION DOCUMENTS & PLAN CHECK z73 OOSTRUCTIDN DOC9 - ARGIL STRUCT, RAPE 30 12DEGL2 - - -- sea RAN CHECK AID CORRECTIONS ... _ I.3s 23JA/A9 alb PULL BUllM110 FIRMEST --- - - 4 lANA PSI REMEDIAL SCHEDULE PHASE ONE TESTING 300 START TESTING TRD CHNG -..... G OUDWATER ._.... LAB REPORT PROPERTY MITIGATION REPORT r1I 31M RAN DEVELOP 710 RENEW / FNAL AGENCY REVIEW 300 AGENCY REVIEW REMEDfATION MF7 RE ENAL_ ACION PLAN GEOTECHNICAL TESTING 380 SELECT NUN 369 INVESTIGATION / REPORT . NO REVIEW RESULTS 416 SIGNOR' ON SITE SPECIALITY EQUIPMENT 10020 ORDER Eal611D T LOON DELIVERY OF EQUIPMENT 1 7 2 7 17 2TJALDT 12AIAII] 17MMm 109EPO2A 17SEP00 26SEPo2 26SEP02 07OCT02 S IOSEP07A 25SEP02 279EP02 oaCTD2 230E702 160CTOY 220CT02 230CT02 290C202 4545 300CTO2 r 31DECOQ r- 01JANOf , 3f1®O3 1 179E002A t 17SE 02 20 179EPO2A 01OCT02 s UNOCT02 1000702 0 --_ 10OCT02 10065 OUTSIDE PAD COMPLETED 10076 aorrat ANON OF EQUIPMENT ON COM5 TE PAD 10070 MOE PAD COMPLETED 10066 /STAUATKN OF MUMMERY ON OBOE PAD 10090 START UP A TEST EOU69ENT 1500702. 7/ INNTIOP 1MPIVJ 25.010103 SITE WORK/GRADING & UTILITIES —;I125 13130 13135 SURVEY EARTHWORK UTKRIES 12 2t 04FEDOT 07MB03 25FEB09 OBFEBO3 24FEB03 31MURf oltda ,LF'—T—YIAhJ SON O FRAME ION FURL PROJECT DESCRIPTION W/SITE PLAN a ELEVATION PREPARE PROPERTY MRIGATION PLAN TO PIBKINSE LTR APPROVAL OR DELIVERY TRAFFIC / Nil & NOISE STUDIES PREPARE MEWED NEGATIVE DECLARATION (lain) NOTICE AVAIL/DUTY OF RAND MIO PUBLIC REVIEW NOTICE AVM -MUTT OF DDA DOA PUBLIC REVIEW LIPOID REARM ON IND AND ODA PROGRAMMING MEETINGS SITE, BUMAO ELEVATIONS & FLOOR PLANS SQUIRES BELT APPROVAL COST UPDATE NO.1 mot a LANDSCAPE PREPARE COMM DEVEI. PACKAGE CDC REVIEW PACKAGE A ISSUE COMMENTS ARCH & LANDSCAPE MAKE CORRECTIONS A RESUBMIT FINAL CDC REVIEW AND APPROVAL CITY COUNCIL HENIN2 FOR DESIGN APPROVAL BUILDNG PER DESIGN DEVELOPMENT - NOR STRUM, RAPE, CIVIL TE CONVEYOR EODIPMBR DESIGN COST UPDATE NO. 2 i L CONSTRUCTION DOCS - ARCH, STRUCT, MPE. CIVIL, LS COST UPDATE NG 3 RILL GRAO PLAN CHECK A CORRECTIONS A PERMITS COSTWJCTION DOGS- ARCD STRICT, WE PLAN OEGK ND CORRECTIONS PILL BRKDr3 PERMIT START TESTING TRENCHING GROUNDWATER LAB NLPLAN DEVELOP REVIEW I FILIAL tart Dab 21JUN02 'Nish Dale 31JUC03 uta Data 17SEP02 IUt Date 19SEP02 15:48 O Pnravem Systems. Ire. Earh Bar AIMMW Progre6a Bat AIMEdir Critical Activity BTO2 Sheet 1 of 2 douglas e. barnhart, inc. IDS / SQUIRES -BELT PROJECT REMEDIAL. ACTION PLAN SELECT FIRM INVESTIGATOR / REPORT REVIEW RESULTS SIGNOFT ON SITE •ORRDER DELIVERY OF EGUTMIE R OUTDOE PAD COMPLETED AtA iaLLLATION O. EOUPIIENT ON OUTSIDE F INSIDE PAD COMPLETED NSTALLITON OF EQUIPMENT ON M150E PA kiNSTNR UP a TEST EOLPYBR - . SURVEY EARTHWOR K UTTUT ES• AcfA«y - AotlMY Odg MD CowEton Pr 9M Ess Rolls ,IJIInINIp; JIFjyl A:11rilAI ITil/1 O1.IIFIYIA1 J. JIAIS101N10 BUILDING B-MFG. / WH$E. & OFFICE 10014 EX CAVATEROF44EEBARNO11n FOOTINGS 10015 S.O.G. CONCRETE 10050 TILT UP WALLS 10100 STEEL TRUSS JOINTS 10105 ROOF FRAMING 10163 MASONRY NTERIOR WALLS 10175 ROOFING 10210 MEP ROUGH 1Q166 SKYUC/OS 10110 ROOF HATCH/LADDER 10200 PANT 10115 MEP RNSH 10245 1/STALL TNNIFACTIIRER'S EOIIPMFIR 10225 DOORSAqOOWSMARDWARE 16936 TEST a BALANCE .10220 START UP 10240 CONTRACTORS PUNCH LIST 10255 OWNERS PUNCH UST 10250 BLDG READY TO INSTALL MANE. ENAMOR 10230 DIALLING COMPLETE 20 16FEHW II WMAR03 F6... 01MAYOA 1SIMAM 20 12 �15 CONSTRUCTION PHASE - A MANUFACTURE / WAREHOUSEIMEMNE 15 S 2SMAY03 2S1AY01 06JUND3 11JUND3 13JUN33 19.11.2103 NANm 17JU 06TU XI O/JUII7 27JUNO3 07JUD3 5 23JUGt 26AA03 4 - MJULD3 3 28JULL1 16006 1015 16010 16020 16025 1503D 11036 16010 16045 16060 160BT l60a6 16075 16070 E ICAVATEFORWREBAR!VOUR FOOTNGS TLT UP WALLS S.O.G. CONCRETE STEEL TRUSS JOISTS ROOF FAMOIG MOOAq SKYIRMS ROOF HATCH/LADDER . FRAME WALLS / wane MEP ROUGH INSULATE/DRYWALL/TAPE PANT _ ... UOORS11710OWSOMRDWARE MEP TRY 16010 111095 16690 14103 16000 FLOORNG CONTRACTORS PUNCH UST START LP OWNER'S PUNCH LIST MALMO COMPLETE 15 10FEB03 30 266E003 10 264E903 ,5 O0APIb7 12 - 15Mfp3 a .•- 01MAY00 3 13MAY03 2 16MAY 3 10 16MAY03 10 21M AY03 10 10J:1 10 21JLN03 6 0a11D3 e O6A11D3 S 1MAD3 5 161uLD3 3 22JUD3 0 CONSTRUCTION PHASE - BLDG C BUILDING C - OPEN SHED & SHOP pI 13000 EXCAVATE/fORIEREBAINPOUR FOOTINGS -13005 4.0.0 . CONCRETE 130/0 TILT UP WALLS 13020 STRUCTURAL STEEL / METAL ROOF 13025 ROOFNG 13066 12015 13075 MEP ROUGH MESOR DEMISING WALLS MEPFV5 12020 IESTROONS 13060 PANT 13006 DOORS !HARDWARE 2SAAD3 13000 CONTRACTOR'S PUNCH UST 13100 OWNERS RANCH LIST 130N BLRONG COMPLETE SITE WORK FINISHES 13101 13106 13110 13115 13/60 13120 ROUGH a 111E GRACING CURBS I SIDEWALXS UNGATKN I CAN06CAPM0 AC. PAVEMENT BUMPERS I STRIP . RA6ROAD SPARS LIGHT POLES 1/wR03 O7APRO3 ' UMM 03 16APRM 30APR03 12MUY00 ' . 11MAY03 ISMAY03 23MAY5G 11A1N01_ 23J111OJ O1JUD3 15JU1D3 ' 17JUD3 21JI11D3 4a4103 24MD3 31A1D3 31JULD3 1 IOMARD3 L memos 5 15 MAR03 25MM43103 20 26MAR03 22APR61 20 23APTo3 2060Y03 S _... 31MAY00 271NY03 5 21MAY03 27MATKI AAY07 03JUNO3 5 I 26MAY03 203J1/103 6 23mAYO3 06JU 33 5 - 0LIU TIO3 10JUO3 5 11A4103 1751NO3 2 15AJN03 1/RNL1 15 13MAY02 02116D3 20 16MAY03 12JA03 20 13A1E03 MUM 10 11JUD3 200003 10 f 11JUD3 26JU03 �5 ...... 26JU 03 NAACO tEXCAVATE/FOiV R(BAry*OUP FOOTINGS SO.G. CONCRETE ANTIS UP WALLS STEEL TRUSS JOINTS IIROOF.FRAMEG MASONRY NTER KIR WALLS ROOFNO MEP ROUGH SKYLIGHTS ROOF HATCH/LADDER PANT IEP FINISH NSTALL MANUFACTURERS EOPMENT DU OORS/ INDOws/HA11OWAIlE TEST a BALANCE START UP gcOTR crows PUNCH UST GARNERS PUNCH LIST *BLDG READY TO NST AU. MAIM. E 1NADNG COMPLETE EXCAVATE/FONYRFHARPOUR FOOTINGS TLT UP WALLS S.O.G. CONCRETE STEEL TRUSS JOISTS ROOF FRAYING ROORNC SKYLIGHTS ROOF HATCH/ LADDER FRAME WALLS / MEZDHE MEP ROUGH 4NSLLATEJDRYWAIJ TAPE • OPANT ' gDOORSAYIDOWSAIARDWARE 1EP TRWI mFLOOFING gCORTRACTORs MNCN LIST START UP OWNERS PUC11 UST •BALDAK3 COMPLETE EXCAVATE/FORM/REBA JPOUR FOOTINGS S.O.G. CONCRETE - TLT UP WALLS STRUCTURAL STEEL /METAL ROOF ROOFNO MEP ROUGH NTERION DEMSIIIG WALLS MEP MESH RESTROOMS PANT DOORS/ HARDWARE CONTRACTORS PINCH LIST OWNERS PUNCH UST BUILDING COMPLETE *ROUGH a FRIE 6RADNG CURBS / SIDEWALKS t /LANDSCAPING AC. PAVEMENT / BUMPERS / STRIP RAAROAO SPURS UIGHT PEES Kart Date 21JUN02 alDate 31Jtn.o3 Mte Date 17SEP02 7 BTO2 Sheet 2 of 2 douglas e. barnhart, Inc. Early Bar Aiiir Progress Ber tun Date 1BSEP0215:48i 0 PHn a ea Syoo m Inc Critical Activity IDS / SQUIRES -BELT PROJECT d.40,...1...,1...a.hw. EXHIBIT C CONDITION OF THE SITE AND REMEDIAL. WORK 1.1 Disclosure. The CDC and the Developer acknowledge and agree that past uses made of portions of the Site have included an oil refinery, an automobile recycling facility and other uses which have resulted in the generation, disposal, or release of Hazardous Substances, (as that term is used in the Polanco Redevelopment Act) on, in, under, or about the Site. As a result of some of these releases of Hazardous Substances, the Regional Water Quality Control Board for the San Diego region ("RWQCB") has requested some investigation by the Site owner, including investigation relating to leased property which is adjacent to the Site, owned by the Burlington Northern Santa Fe railroad. The RWQCB issued Cleanup and Abatement Order No. 87-109 to require Pacific Steel, Inc., the owners of the Site and the named dischargers, to halt off site discharges and report on Site conditions. However, the RWQCB is unable to accept additional sites into their oversight program at this time, so it is the intent of the CDC to apply to the Site Designation Committee of Cal -EPA (Health and Safety Code Section 25260 et seq.) to seek appointment of the County of San Diego's Department of Environmental Health (DEH) as "administering agency" to determine whether investigations or remedial work are adequate and whether they comply with federal, state and local laws, ordinances, regulations and standards. 1.2 Property Mitigation Plan. The CDC has retained an Environmental Consultant, Environmental Business Solutions, to prepare a Property Mitigation Plan ("PMP") for submittal to the DEH. Prior to submittal, the PMP will be submitted in draft form to the Developer (and may be submitted in draft form to the current Property Owner) for comment at least five business days prior to submittal to DEH. The objectives of the PMP shall include the following: 1.2.1 To establish and clarify the relationship and policies between the CDC and the DEH for current and future decisions about investigation and assessment leading to remedial and removal activity at the Site. 1.2.2 To clarify and establish cleanup guidelines, standards, and procedures for risk based corrective action to accomplish any necessary remedial and/or removal activity at the Site. 1.2.3 To inform the public, project participants, and other regulatory agencies about these policies, procedures, and other decisions that either have been made or will be made about these activities. 1.2.4 To secure the DEH approvals and determinations necessary for the cleanup activity to proceed consistent with the Polanco Redevelopment Act, other federal and state laws, and DEH policies. The Developer shall be afforded a meaningful opportunity to participate in the development of the PMP including the future land uses, construction methods and proposed project goals. This shall include notice and ability to attend and participate in all meetings with 017.202621.6 Exhibit C - Page 1 RWQCB, DEH and/or other involved regulatory agencies. In addition to participation, the Developer will also be allowed to review drafts and provide comments, which can be incorporated into the final PMP. 1.3 Site Development Information. In order to assist the development of this PMP, Developer shall provide plans no later than October 10, 2002, showing the location and depth of all proposed excavations for future Site redevelopment, identifying the locations and types of future Site uses. It is understood that such plans arc subject to change and flexibility is necessary in the overall project plan. All investigations conducted in support of the PMP will acknowledge such flexibility and allow for certain "tolerances" in the project planning. Also, such proposed development plans and resulting incorporation into the PMP will allow the reasonable minor modifications to the site plan after development consistent with the overall site plan. Developer shall coordinate and consult with Environmental Consultants toward the goal that all necessary information shall be supplied so that the PMP can be completed and submitted for DEH review by November 15t, 2002, sufficiently in advance of redevelopment activities to allow for agency review, comment, and approval by December 31, 2002. 1.4 Remedial Investigations. CDC shall undertake and complete investigations of releases of Hazardous Substances sufficient to satisfy the DEH that the goals and objectives of the PMP have been or can be accomplished. All information received or generated by either the Developer or the CDC as a result of these investigations at this site shall be shared between those two parties. 1.5 Remedial Work. The PMP shall propose remedial work that can be implemented efficiently, and coordinated, where appropriate, with planned future redevelopment activities in order to assure that conditions at the Site can support all intended future land uses, as well as abate any nuisance that may have been caused by a release of Hazardous Substances (as that term is defined within the Polanco Redevelopment Act) that may impact the project, or redevelopment construction activities. Such remedial work will be premised on a risk -based corrective action approach, consistent with reasonable expectations as to future uses, and Developer agrees to cooperate with CDC and structure construction contracts for redevelopment activities to provide for coordinated schedules and allow for progress of work at the Site in a manner that allows completion of the remedial work as defined in the PMP. It is currently anticipated that CDC will conduct such necessary work to achieve the goals of the PMP including both rough grading of the project as well as trenching for future utilities and importation or development of appropriate "buffer zones" between final grade and any residual contamination left in place as part of the PMP. CDC will hold the Developer harmless from the additional incremental costs such grading, trenching and other activities may incur as a result of the site contamination issues. 1.6 Approval of Remedial Work. The CDC will provide, in the PMP, that a No Further Action letter is obtained for the Site following completion of grading and excavation activities, including such preparation for future excavation activities as may be required, and provided that releases of hazardous waste have been remediated as necessary and appropriate under the PMP. Exhibit C - Page 2 017.202621.6 1.7 Immunities. It is the intent of the CDC that once the No Further Action letter has been approved for issuance pursuant to the PMP, all benefits and immunities established under State law pursuant to the Polanco Redevelopment Act (Health & Safety Codes §§ 33459.1, et seq.) shall attach and inure to the benefit of the Developer, their lenders, successors and assigns as provided by State law. 1.8 Limit of RDA Liability. Developer acknowledges that not all contamination will be removed from the Site following completion of activities described in the PMP, even after issuance of the No Further Action letter. Developer understands that although the Site will be prepared to a condition in which impacts have been mitigated to a level where the Site meets human health risk assessment criteria, and construction -related nuisance impacts have been abated (or will be abated simultaneous with construction activities), that some substances may remain at the Site, at or below concentrations consistent with regulatory guidelines. As a result of the immunities and protections described above in § 1.7, Developer, its lender, successors and assigns will have no liability for future remediation of these substances, and they will be held harmless and immune from such liability by operation of State law. The proposed Project Mitigation Plans will incorporate the likely and reasonably foreseeable modifications that could arise on the site. However, should Developer, its successors or assigns determine or desire to undertake additional redevelopment activities at the Site, any increased costs related to redevelopment by reason of residual impacts shall be borne by Developer, its successors and assigns, and CDC will assume no responsibility therefor. In addition, Developer, and its successors and assigns, accept that the immunities described in § 1.7 do not shield or protect against liability as a result of new releases of hazardous materials that may occur during or after the redevelopment process. CDC will accept no responsibility for such new releases, and Developer waives and abandons any such claims for liability against CDC for such new releases, except to the extent that CDC was an active discharger or actively participated in such post - redevelopment discharge or release of hazardous substance. 1.9 Cost Sharing Obligations. It is the intent of the CDC to pursue cost recovery for those activities described in this Exhibit using its authority under the Polanco Redevelopment Act. The CDC agrees that it will not seek reimbursement for its costs for environmental investigations or mitigation activities from the Developer, nor Developer's successors or assigns. The CDC bears no responsibility, however, for reimbursement of any expense the Developer may independently undertake, whether for consulting, contractual or legal fees. 1.10 Squires/Trust. CDC acknowledges that Squires -Belt Material Company and the John Bensen trust are intended beneficiaries of al benefits and rights afforded to IDS. Exhibit C - Page 3 017.202621.6