Live - Life . Lincoln . Live Life - Lincoln. Live . Life . Lincoln . Live - Life. . Lincoln . Live Life Lincoln  MINUTES  CITY OF LINCOLN CITY COUNCIL & LINCOLN REDEVELOPMENT SUCCESSOR AGENCY SPECIAL MEETING MINUTES Council Work Session January 2, 2018  4:00PM - 6:00PM -First Floor Conference Room Mayor Nader called the meeting to order at 4:05PM.  1. ROLL CALL  Councilmembers present: Peter Gilbert  Paul Joiner Dan Karleskint Stan Nader  Mayor:  Councilmembers absent: Gabriel Hydrick  Staff members present:  Matt Brower, City Manager Kristine Mollenkopf, City Attorney Steve Ambrose, Support Services Director Bill Hack, Fire Chief Jennifer Hanson, Public Services Director Ray Leftwich, City Engineer Gwen Scanlon, City Clerk Matt Wheeler, Community Development Director  Various City employees, consultants and members of the public were also present. 2. FLAG SALUTE led by Steve Ambrose, Support Services Director  3. PUBLIC COMMENT - none 4. STAFF REPORT S staff report 4.A.Affordable Housing Education Module.  Matt Brower, City Manager, introduced Katie Donahue-Duran, Legislative Advocate for North State Building Industry Association (BIA) who introduced Matthew Skelton and Steve Gall, Developers for USA Properties, who detailed their efforts in providing affordable housing and distributed a packet of information to City Council, made a part of these minutes by mention thereof. A brief Council discussion ensued regarding challenges in financing affordable housing. Mayor Nader opened the a) Marcus Lo Duca, Roseville Attorney representing Lincoln property owners and developers, stated Cities offer the following incentives to affordable housing developers in order for these types of projects to pencil out financially: offer land to develop, removal of mello roos fee from affordable housing parcels and having infrastructure right up to front door. Mr. Lo Duca stated challenges with silent second mortgages and encouraged the City to work with developers to b) Byron Chapman, a Lincoln resident, encouraged City Council to think outside the box and do c) Bob Loew, a Lincoln resident, asked if the economics of a project is different if the developer intends to own the project for atl least fifteen years or sell it off immediately after building and expressed his concern that the gap between median income and affordable housing is getting Mayor Nader closed the public discussion at 5:40PM. Matt Brower, City Manager, thanked USA Properties and the BIA for their presentation and stated building fees will be discussion at the next  discussion to the public at 4:40PM with the following comments:  make affordable housing projects occur in Lincoln.  anything they can to reduce fees to incentivize affordable housing.  bigger.  Affordable Housing Education Module at the February work session meeting.  600 Sixth Street Lincoln. CA 95648 www.di.lincin.c.us" 916-434-2400    Live Life Lincoln Live. Life Lincoln. Live Life Lincoln  Live. - Life Lincoln Live. Life Lincoln  Page 2of2  City Council & Lincoln Redevelopment Successor Agency January 2, 2018 Work Session Meeting  4.B.CFD Formation Presentation & Discussion - Following a presentation and discussion of the subject matter, staff is requesting that City Council provide general direction for the maintenance Community Facility District (CFD) for the following elements: 1)establishing landscaping standards, 2) capital replacement funding options, 3) street maintenance funding, 4) annual maximum tax escalator, and 5) approach to CFD tax with a phased development. Based upon direction and guidance provided Steve Ambrose, Support Services Director; Jennifer Hanson, Public Services Director; Ray Leftwich, City Engineer; and Ed Espinoza, the City's Lighting & Landscaping (L&L) consultant from Francisco & Associates provided a staff report and answered City Council questions. AI lengthy City Council discussion ensued regarding city wide maintenance and whether it would apply to only new development or new development and existing areas, three-tiered landscaping standards (gold, silver and bronze), L&L zones and balancing CFD costs so that they do not get sO high development halts in Phil Rodriguez, a Lincoln developer from Lewis Communities, and Steve Fuhrman, a Landscape designer, showed a video with scaled back landscaping to platinum level which doesn't reduce the landscaping costs to the developer but instead lowers the long term maintenance costs and complies  by Council, staff will prepare a Resolution for action by Council at a later date.  Lincoln because the developers' capacity for bonding is reduced.  with State mandated water conservation.  Mayor Nader opened the discussion toi the public with the following comments:  a) Marcus Lo Duca, stated it is a: zero sum game and that if City charges more for one component b) Mike Whipple, NSBIA, stated the City Council could look at CFD's for each project that comes Mayor Nader stated it was past 6:00PM and asked how much longer the presentation would last and Staff responded they were approximately half way through. Council consensus was to schedule another work session meeting to complete the discussion and Marcus Lo Duca requested the meeting  they will need to charge less for another component. forward rather than creating a city-wide CFD.  be scheduled as soon as possibie. 5. COUNCIL INITIATED BUSINESS  Councilman Gilbert requested Staff report back on Ad Hoc' Water Rate Committee Findings and that a member of City Council be on the team for the Planes of Fame negotiations and received Council Councilman Gilbert stated he does not like the set up in the First Floor Conference Room and issues with the air conditioning and microphones and suggested the work session meetings be held ini the Third Floor Council Chambers. Councilman Joiner disagreed and stated the Western Placer Unified School District meets in that room during the normal day the work session meetings are held. Councilman Gilbert requested Staff research whether a move could occur and received Council consensus. A brief discussion occurred regarding being transparent and videotaping all meetings and Councilman Joiner suggested a continuation of tonight's meeting on January 5, 2018 and received  consensus for both requests.  what Placer County is doing in these efforts.  Council consensus. BWN Scasl  6. ADJOURNMENT adjourned by Mayor Nader at 6:38PM.  Submitted by Gwen Scanlon, City Clerk  600 Sixth Street Lincoln, CA 95648 www.di-lincohn.ca.us: 916-434-2400    Sivérado Creek, Sacramento, CA  CREATING OUTSTANDING Communities  AH PROPERTIES  FUND    Mission Statement  The mission of USA Properties Fund ist to create outstanding housing for value This mission is accomplished through the development, redevelopment tandacquisition Our goalis to be the first housing choice for both theresidents and the communities in which we are located. USA strives to pursue this mission with the utmost  conscious seniors and families.  ofresidential communities which meet the highest quality standards.  professionalism and integrity.  Our beliefis thatan absolute commitment to excellence is the foundation enabling usto produce the greatest benefits for our customers, residents, employees, investors  and owners.  "Wehave endless respect for USA and its never-ending commitment tol build quality communities that change the lives of residents while: also being good opportuni- ties for partners. We've enjoyed an excelentrelationship with thel USA team over the years, and applaud the company'ssuccess:" Michael L. Fowler, President of Affordable Housing Partners Inc.  "USA: not only develops exceptional apartment communities, they are: a pleasure to work with. Each team member is committed to the company's mission, resulting ina tangible difference in the quality its residents' experience. There is tremendous value in having them as a partner and we appreciate. and enjoy therelationship:* Roy Faerber, Senior Vice President, Boston Financial Investment Management  "USA is an exceptional housing developer, builder and manager. The company truly values relationships with its financial partners as well as the communities it serves. Under the leadership of Geoff Brown, USA Properties Fund has flourished over the years and is highly regarded among its peers." Lisa Gutierrez, Relationship Manager, Vice President: U.S. Bank Commercial Real Estate  Creating Outstanding Communities    ABOUTUS  USA Properties Fund, Inc. is a developer, owner and manager of outstanding communities, exceeding the needs of our residents, the communities that we serve and our partners. We're about creating the best-possible communities, from quality affordable family and senior communities to market-rate projects Our motivation in acquiring, designing, developing and managing first-rate properties is to create outstanding communities - and provide outstanding opportunities. Founded in 1981 and headquartered in Roseville, CA, USA Properties Fund, Inc. (USA) is a vertically integrated, full-service real estate development, investment and management company focused on high-quality multifamily properties throughout the West. Our success is reflective of USA's strength in leadership, team structure and a commitment to the  with high-end luxury amenities  CAGSARNLCA  highest value system. USA's success can be measured in our $1 billion in total assets through development and acquisition of more than 12,000 units of family and senior apartments in 90 communities throughout California and Nevada. For morei information, please The USA family of companies has more than 400 employees in two states. The company holds contrac- tor's licenses in California and Nevada, as well as a California Department of Real Estate Brokers License. USA is an active member in the Urban Land Institute, and has executives as board members on the California Building Industry Association, Institute of Real Estate Management, North State Building Industry Association and HomeAid, California Housing Consortium, National Multi-Housing Council, American Seniors Housing Association and the National Association of Home Builders. USA has built a strong reputation of designing and delivering award-winning communities worthy of institutional investment, local agency and public support / participation. Many of USA's communities are considered public-private partnerships.  visit www.saproptund.com.  In.volatile.years 2005-2012, USA remained consistently and increasingly profitable, year afteryear: Dweralicommanyasas 54% Company annualrevenues 62% Companynet worth 1 102% Company annualnet income 2 200%  USAI Properties has enjoyed Fast-paced Growth during the past two decades, with 1,000 units in 1992 and now has more than 12,000 units today,  12000 11.000 10,000 0,000 8,000 7000  wwwsapropfund.om 3    WHO WE ARE  ntage Chateaul II, Petaluma, CA  USA Properties Fund's six shareholders have exten- sive experience in acquiring, developing, financing and managing apartment communities. With a combined 140 years of experience at USA Properties, the six-member team has worked together for nearly two decades. The shareholders have gained the experi- ences of both booming and contracting multifamily markets, as reflected in an award-winning company Geoffrey C. Brown, President and Chief Executive Officer, USAI Properties Fund, Inc. Steven Gall, Executive Vice President Project Acquisitions Group, USA Multifamily Housing, Inc., Senior Vice President, USA Properties Fund, inc. Edward R. Herzog, Executive Vice President and Chief Financial Officer, USAI Properties Fund, Inc. Arthur M. May, Executive Vice President of USA Multifamily Development, Inc., Senior Vice President, USA Properties Fund, Inc. Michael McCleery, President of USA Construction Management, Senior Vice President, USA Properties Fund, Inc. > Karen McCurdy, President of USAI Multi- family Management, Senior Vice President, USAI Properties Fund, Inc.  with $1 billion in assets.  rracina Springlake, Woodland, CA Creating Outstanding Communities    WHAT WEDO  CDrousg.VinlageMalomasFelasSacramcnto,CA  "USAs site acquisition and develop- ment team works with precision. They are detail oriented, efficient and reasonable. The USA team is knowledgeable, fastand responsive." Leslie Little, Assistant CityManager for Community Development.City  Acquisitions - USA Multifamily Housing's Acquisi- tion team identifies land and apartment opportunities for both market-rate and affordable development throughout California and the West. The Acquisi- tion team considers the demand for housing in the region, the economic factors of the community and the appropriate investor partnerships that will bring Land - USA actively invests in land appropriate for new apartment communities, with densities of 20t to 90 units per acre. Development opportunities typically Investment - USA is actively looking for existing apartment communities that have the potential for increased value for our investors, residents and  of Morgan Hill  the project to life.  consist of 100 to 300 units.  localities by improving the buildings and operations. USA looks for existing market-rate, affordable or mixed-income communities with 801 to 400 units. Addi- tionally, USA is aggressively pursuing corporate merger, acquisition and portfolio acquisition opportunities.  www.usaproprundcom 5    WHAT WE DO  Finance Each apartment community - either new construction or acusition/fenabintation - requires aunique financing structure in order to achieve the objectives oft the owner/investors and produce exceptional returns, while satisfying the needs of the locality and our residents. USA often partners with institutional partners, local municipalities, economic development agencies, state and county agencies to combine public with private financing, creating a successful public-private partnership. Development - USA Multifamily Development is an industry leader, looking at all phases of residential development for opportunities that achieve our goals and vision. Our development team has extensive experience in market-rate and affordable communi- ties, including navigating the myriad of regulations while working with investors, principals and local officials to meet their objectives and exceed expec- tations. USA Development employs all members of USA's vertically integrated team to ensure a successful planning and exeçution of each project. Construction Management - USA Construction Management, Inc. has been building multifamily communities in California and Nevada for more than 30 years. Our expert staff provides input throughout the life cycle of a project, from planning to delivery of  certificates of occupancy. Our full-service, hands-on team has completed construction or rehabilitation of USA's team of construction professionals construction managers, registered architectsand many other professionals - have handled numerous private- sector projects. The company, which has a California Contractor's License (#912545), works closely with a project's owner, architect and consultants to focus on the four most critical aspects of a project: cost control, schedule, quality and safety. Green Building and Sustainable Practices = USA embraces Build It Green building standards to promote better communities, improve energy and water conservation, and ensure healthier indoor living. USA is committed to a minimum Build It Green score of 115 on new construction projects. Some of the Build It Green design features include recycling a minimum of 65% ofj job site construction waste; energy-efficient indoor and outdoor lighting; water-saving and low-flow fixtures in kitchens and bathrooms; Energy Star-rated appliances; gas cooking, heat and water heating, and ceiling fans in Multifamily Management - USA Multifamily Management, Inc: is an experienced and resource- focused property and asset management firm. USA Multifamily Management utilizes its regional platform and local market expertise to generate operational efficiencies to maximize value of its entire portfolio. USA Multifamily Management, founded in 1993, provides full-scale professional administration services for communities including: marketing, maintenance, leasing, project rehabilitation and accounting services for communities in California  more than 12,000 units.  including  living rooms and bedrooms.  and Nevada.  Creating Outstanding Communities    SENIOR HOUSING  USA has more than 50 senior communities throughout California and Nevada. The communities provide seniors high-quality housing with numerous amenities in as safe environment. Amenities often include lounges and community recreation areas, a kitchen and fitness area, billiards and a swimming pool and/or spa, landscape grounds with seating and community garden areas. USA's senior communities are often built near shopping, transportation, health care and entertain- ment, creating a walkable neighborhood experience  for residents.  VinhykaosmiValeyc CA wwwusapropfund.com - 7    FAMILY HOUSING  USA has more than 35 family/general occupancy communities, from Carlsbad in Southern California to Santa Rosa in Northern California. Each community features numerous amenities, with many offering lounges and community rooms - jncluding computer areas, fitness rooms and kitchens - while some provide on-site play areas and swimming pools. USA's forward-thinking approach to the design of family communities encompasses proximity to parks, shopping centers, schools, health care and public transportation, all helping to create a walkable neigh- borhood experience for residents.  racinaSpringlake, Woodland, CA  TAROIE.SICANCNG.CA  Creating Outstanding Communities    RESYNDICATION/ PROPERTY REHABILITATION/  CAPITAL IMPROVEMENT PROJECTS  ecplauatbo/eyndcation of USA communities provides opportunities to extensively renovate building exteriors, common areas andi individual units. Renovations could include updated flooring, new appliances, plumbing, mechanical systems and water Ina addition to physical improvements, USA conducts property management overhaul toi improve overall occupancy and operational efficiencies of each prop- erty. The company's goal is to ensure high-quality communities for our residents - and improve the investment and return for our partners. It's part of our overall commitment to building al better community.  conservation measures.  "USA Properties Fund has the ability to structure complicated real estate transactions involving multiple layers of financing, all while delivering quality housing for lower-income families. USA Properties Fund has an amazing staff that is able to under prom- ise and over deliver, resulting in some of the best lowerincome housing available.' Mike Hemmens, Director, Citi  Community Room, luntingonPaza.HiontangtonPark.CA  Solarh Installation, VaOs.CemakN-cA  wwwusapropfund.com - 9    USA IMPACTING RESIDENTS LIVES  USA is committed to building a better future for its residents, from elementary-age children participating ins sports to seniors living on a fixed income who suddenly face an unexpected expense. USA, through the JBI Brown Fund, helps residents achieve their dreams and sponsors activities that enhance their lives. The JB Brown Fund awards college scholarships - 21 residents have been honored during the past three years, with some receiving multiple scholarships - and allows children to participate iny youth sports. The fund also gives much-needed financial assistance to seniors facing an unexpected emergency when "life happens." The, JBI Brown Fund is named after the founder of USA, who was committed to improving the lives of residents and a leading proponent of lifelong education. The. JB Brown Fund continues to attract donations, raising $138,000 in 2013, more than four times the amount received in 2011. For addi- tional information or to make a donation please  visit www.;bbrown.org.  BBROWNEFUND Creating Opportunities To Fulfl Dreams  -  LeSTEES)  LISTANGS  Creating Outstanding Communities    Steven Gali Senior Vice President 3200 Douglas Blvd., Suite 200 Roseville, CAS 95661 (916) 724-38250 direct (916)342-6330cell sgal@usaproptund.com  AE PROPERTIES  FUND  www.usaproptund.com f in.  www.tsproprund.con    USA Properties Fund, Inc. 3200 Douglas Bivd., Suite 200 Roseville, CA 95661 916.773.6060 info@usaproptund.om www.saproprundcom  -  EH PROPERTIES  FUND  in