HomeMy WebLinkAbout1999-08-17; City Council; 15368; Design Review Board AppointmentCIT- OF CARLSBAD - AGENT BILL w
DEPT. HD.
DESIGN REVIEW BOARD APPOINTMENT CITY AT TV& -
CITY MGR.~
RECOMMENDED ACTION:
Adopt Resolution No. qvsm appointing one member to serve on the Design Review
Board, as a Village Business Owner representative.
ITEM EXPLANATION:
The composition of the Design Review Board, in accordance with Chapter 2.26 of the Carlsbad
Municipal Code, consists of: two (2) Planning Commissioners, one (1) Village Redevelopment
Area property owner, one (1) Village Redevelopment Area business owner, and one (1) general
member. All members of the Design Review Board must also be residents of the City of
Carlsbad.
Gene Forsyth, the Village Redevelopment Area business owner, has resigned from
the Design Review Board, effective May 21, 1999. The term vacated by Mr.
Forsyth expires in October, 2000. Therefore, another Village Redevelopment Area
business owner must be appointed to fill the remainder of the term.
Current members of the Design Review Board are: Bill Compas, Courtney
Heineman, Sarah Marquez, and Harriet Marois.
NOTE: Members of the Design Review Board are subject to the provisions of the
Political Reform Act, and must file Statefients of Economic Interests.
EXHIBITS:
1. Resolution No. q? c m , appointing one member to the Design Review Board, as a Village Redevelopment Area business owner.
2. Letter of resignation from Eugene Forsyth.
3. Copies of applications received in calendar year 1999.
RESOLUTION NO. 99-300
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, APPOINTING MEMBERS TO
THE CARLSBAD DESIGN REVIEW BOARD
WHEREAS, Gene Forsyth, who served as the Village Redevelopment Area business
owner on the Design Review Board, has resigned; and
WHEREAS, the vacated term on the Design Review Board expires in October, 2000;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Carlsbad, California, as follows:
1. That the above recitations are true and correct.
2. That the following person is hereby appointed as the Village Redevelopment Area
business owner representative to the Design Review Board for a term expiring in October, 2000:
Tony Lawson
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council
of the City of Carlsbad on the 17 day of Ausust , 1999, by the following vote, to wit:
AYES: Council Members Lewis, Nygaard, Finnila, Hall & Kulchin
NOES: None
ABSENT: None
ATTEST: I
HA L.~I!%&KR&Z, City Clerk
(SEW KAREN R. KUNDTZ, Assistant City Clerk
65/20/1999 23: 34 7684341978 GENE FORSYTH -
FOMYTH & ASSOCIATES
INSURANCE AGENCY
2740-A Roosevelt Street
Carlsbad, CA 92008
760 434-1979
PAGE 81
May 20, 1999
Mayor Claude Lewis
1200 Carlsbad Village Drive
Carlsbad, CA 92008
Dear Mayor Lewis:
Due to an unexpected early closing on the sale of my property in
Carlsbad and my move from the City, I must resign my position on the
Design Review Board effective S/2 l/99.
My family and I will continue our business in Carlsbad, but now
reside out of the City. We will always be supportive to Carlsbad and remain
involved in the issues of the City and the Village.
I have enjoyed serving on the Design Review Board and will miss the
opportunity and challenge of continued service.
I wish you, our Council and City Staff the very best of continued
success.
& c ‘& 6-a -79
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APPUCATION FOR APPOINTME~
BOARD(S) AND/OR COMMTSSIONfS)
(Please print or tjpe.)
NAME(S) OF BOARD(S) AND/OR COMMISSION(S) IN WHICH INTERESTED:
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NAME: AH&o&q C-bJ LEkNom
ADDRESS: z-1+5 d-tiad Aw.. ‘r ,
CITY: CAVL*Ibd ZIP CODE: %Q%
HOME PHONE: --l60/4s~- p?7&2
PRESENT OCCUPATION: /.,aA&j~Sp*- AvcLL~
BUSINESS NAME: _ APL %fifi& A . 4 ewh5rz PC/ I
BUSINESS ADDRESS: zs-zq Ci-M-c &P44 _ hAc c , ca”LQ
WORK PHONE: 760/75x - (36337
U. S. Citizenship (required ICV ell ~ppdntmenp~~) >G Yes No
Resident of Carlsbad ~eteronce gti b residents)
Registered voter in Carl&ad (w~lrsd for SW ~wnm~&o@
x Ye8 No
x Yes No
I am familiar with the responsibilitik assigned to the Board(s) or Commission(s) on which
I wish to serve; .
I am wtlllng to IIle financial disclosure statements as required by the State’s or City%
Confflct of Interest codes;
I am willing to be interviewed regarding my qualifications for appointment by a committee
designated bAthe City Council or at the request of an individual Council Member.
SIGNATUR DATE: v-z??-ql
/
(Conthued on reverse side)
EDUCATIOI’J
EXPElWJNCE
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COMMUNIW ACTIVITIES
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ADDITIONAL INFORMATION OR COMMENTS
APPLICATION FOR APPOINTMENT
BOARD(S) AND/OR COikf.MISSION(S)
(Please print or type)
NAME(S) OF BOARD(S) AND/OR COMMISSION(S) IN WHICH INTERESTED:
3
NAME: Tom McMahon
ADDRESS: 4028 Park Dr.
CITY: Carlsbad ZIP CODE: 92008
HOME PHONE: (760) 729-3944
PRESENT OCCUPATION: Commercial Mortnane Loan Consultant
BUSINESS NAME: Rea18.Estate Services GrouD
BUSINESS ADDRESS: 1015 Chestnut Ave.. D-7
WORK PHONE: (760) 720-2460
U. S. Citizenship (required for all appointments) X Yes No
Resident of Carlsbad (required for all appointments) ’ X Yes No
Registered voter in Carlsbad (required for all appointments) X Yes No
I am familiar with the responsibilities assigned to the Board(s) or Commission(s)
on which I wish to serve.
I am willing to be interviewed regarding my qualifications for appointment by a
committee designated by the City Council or at the request of an individual
Council Member.
I am willing to file financial disclosure statements as required by the state’s or
city’s Conflict of Interest codes.
/ SIGNATURE: /mm ’ DATE: ;,f-L7 -?f
Upon completion of your application, please mail or deliver the application to the following address:
City Clerk’s Office
City Hall
1200 Carlsbad Village Drive
Cnrlchnrl C1 9%Vk’?
EDUCATION: 1966 - San Francisco State College, Bachelor OS Science u degree, Major in Finance. 1978-1979 - The Institute of Financial
u Education, School for Executive Develoument. University of Wasthingtan,
graduated 1979. 1968-1982 - University of Caliornia at San Dieno I
Extension Division "UCSD,.Advanced Certificate in Real Estate" 1982.
EXPERIENCE: See attached qualifications.
COMMU~~ACTMTIES: Car%sbad:Village Business Association -
Treasurer (1998-1999). Carlsbad Soccer Club - Past President (1980-82)
Coach (1979-1989). Carlsbad National Little League - As- C& x I
ADDITIONAL INFORMATION OR COMMENTS: 1 have been the
Attorney-in-F&t since September, 1993, for Marjorie A. Dunham, Trustee
.t of the "Dunham Family Trust", that owns the Carl&ad Vil&&Cheatre-
1 manage all OwnershiD asuerts nf the t&ajze property- T am
familiar with the Village Redevelopment Plan and its goals.
TOM MCMAHON
1015 Chestnut Avenue Suite D-2
Carlsbad, CA 92008
Bus. (760) 720-2460 FAX (760) 720-2463
QUALIFICATIONS
Principal
Real Estate Services Group, Carlsbad, California
2-l-98 to Present
Mr. McMahon has more than 25 years of appraisal, loan underwriting, problem loan
restructuring, REO workout and Partnership liquidation experience with major financial
institutions and government agencies. His clients have included; Eureka Savings, HomeFed
Bank, FSLIC, Home Capital Corporation, American Savings, RTC, National Stonehenge,
FDIC and Midland Loan Service.
Mr. McMahon currently provides real estate consulting services to mortgage lenders,
mortgage servicers, and private parties in commercial real estate lending matters. The
property types include; multifamily, office, warehouse/distribution, industrial, mobile home
parks, shopping centers, hotels and special purpose properties. These consulting services
vary in scope from loan underwriting analysis and field diligence on individual loans, or loan
portfolios to mortgage brokerage services and secondary mortgage market sales.
Regional Manager
National Stonehenge Corporation, Carlsbad, California
12-1-89 to 2-l-98
During 1996-97, Mr. McMahon was Stonehenge’s Project Manager for the acquisition
diligence on several non-performing whole loan assets and two significant loan portfolios
(performing and non-performing loans) for Stonehenge’s investors. Mr. McMahon supervised
the on-site file review, database input and classification of each loan asset for pricing. The
foregoing portfolios were comprised of commercial loans in the Southeastern U.S. with a
concentration in the states of Florida and Texas.
In 1995, Mr. McMahon completed his long-term assignment as the Business Consultant on
the RTC’s Newport Beach Special Workout Asset Team (SWAT) assigned to the Liberty
Service Corporation’s limited partnership interest in the Essex Investments L.P. Liberty
Service Corporation is a former subsidiary of Columbia Saving in It-vine, California. The
Essex portfolio consisted of multifamily, warehouse, office and a large urban redevelopment
property. The total valuation was in excess of $120 million. Mr. McMahon negotiated and
directed the documentation for a consensual early liquidation of the Essex partnership. This
partnership liquidation began in September 1995 and was completed in July 1996 with a net
recovery to the RTC/FDIC of $36 million. This recovery was approximately three times the
initial buy out offer from the General Partner and approximately two times the initial recovery
anticipated by the RTC.
During 1992 and 1993, Mr. McMahon was also very active in Stonehenge’s portfolio
evaluation and bid preparation in the RTC’s Commercial Mortgage Backed Securities (CMBS)
program. Mr. McMahon was identified in each bid proposal as Project manager and
i Page 1 of 3
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participated in all Rating Agency presentations. Stonehenge was approved (Rated) as a
Special Servicer for the RTC’s CMBS program by four Rating Agencies.
Prior to the above assignment, Mr. McMahon was responsible for Stonehenge’s consulting
contract with the FSLICIRTCIFDIC at Beverly Hills Business Bank (BHBB), formerly Beverly
Hills Savings, in Laguna Hills, California. He was responsible for all recommendations to the
FDIC for the approval, disapproval, or modification of BHBB’s asset disposition proposals. He
also prepared specific analyses of disposition alternatives on individual loans and REO
assets. This consulting contract began on 711189 and expired on 12131192, with the
successful termination of the Assistance Agreement between the parties.
Senior Problem Loan Portfolio Manager
American Real Estate Group (AREG), Iwine, California
9-22-86 to g-15-89
Mr. McMahon served as Vice-President of American Real Estate Group (ARE@, American
Savings, New West Federal and several other subsidiary companies from September 1986 to
September 1989. During the mid 1980’s, American Savings was the largest Savings & Loan
Association in the Country with assets in excess of $30 billion. AREG was American’s
problem loan/REO work-out subsidiary with the delegated responsibility for non-performing
loans and REO assets in excess of $2 billion. After American Savings was acquired by
Robert M. Bass in December 1988, AREG continued its asset management work under the
direction of Robert M. Bass for the newly formed New West Federal (Bad Bank) that had
approximately $7 billion in assets. Mr. McMahon was one of four Senior Portfolio Managers in
the Non-performing Loan Management Division at AREG. In addition to interfacing with
borrowers on specific major commercial/income property loans and negotiating loan workout
modifications, Mr. McMahon directed the legal activity in the foreclosure process and
bankruptcy litigation on these assets. He supervised a team of four other loan workout
specialists and successfully completed loan workouts in 20 states. The principal balance of
his team’s active portfolio averaged $400 million in delinquent major loans (60 days or more
past due) over a three year period.
Principal
Real Estate Services Group, Carlsbad, California
6-25-84 to 9-22-86
Mr. McMahon’s primary client was HomeFed Bank of San Diego, who was managing Eureka
Federal Savings, in San Carlos, California, for the FSLIC under its Management Consignment
Program. He was directly responsible for the asset management of Eureka’s problem
loan/REO portfolio in the states of Texas and Louisiana. These assets had a book value in
excess of $50 million and included Paiticipation and Nonparticipating problem loans and
REO, with Eureka as the lead lender, or investor participant. This was a total “hands-on”
responsibility that included the direction of all legal activity on NPL loans and the REO
property management and marketing activities.
Vice President
HomeFed Bank, San Diego, California
5-l-69 to 5-25-84
Mr. McMahon’s work experience at HomeFed Bank included 15 years of progressive
responsibility in the areas of; appraisal, loan underwriting, major non-performing loanIRE
workouts, development of parent owned land, and joint venture real estate development
Page 2 of 3
. . experience. Mr. McMahon left HomeFed in 1984, prior to the events which lead to the
demise of HomeFed Bank in 1992. The following is a chronological summary of Mr.
McMahon’s responsibilities at HomeFed Bank:
Manager Commercial Appraisal Section, (6-I-69 to 10-l-73). I was appraising major
commercial properties and supervising the work of three other commercial appraisers. The
types of properties included existing and proposed construction on; apartments, office,
industrial, mobile home parks, shopping centers, hotels, and special purpose properties.
Manager Appraisal Section, Nationwide Loan Sales/Purchases, (10-3-73 to 5-I -75). I was
responsible for reviewing appraisals, negotiating loan purchase terms, inspecting the
proposed security and recommending appropriate action to senior management for all
proposed out of state income property loan purchases. The properties included: apartments,
office and industrial buildings, hotels, mobile home parks, and resort condominiums. My
duties as a secondary mortgage market underwriter gave me experience in I6 states.
Project Manager, Real Estate Owned Department and Home Capital Corporation (5-I-75 to 7-
I-79). I was responsible for Home Federal’s interest in large problem loans prior to and after
foreclosure. It was my responsibility to formulate a “work-out” plan for each REO project and
manage said projects to a successful conclusion. I was also responsible for Home Capital’s
joint venture interest in several real estate land developments.
Special Projects Mgr. (7-I-79 to 5-25-84). I was HomeFed Bank’s project manager for several
proposed commercial mixed-use developments (i.e. retail, office, bank). It was my
responsibility to manage the preconstruction development activity of these projects by giving
direction to and coordinating the efforts of the development team members. My activities
included the various tasks that occur in the development process such as: land acquisition,
site development studies, project feasibility, governmental processing, hiring consultants
the continual negotiations that are required to maximize the development goals.
PROFESSIONAL AFFILIATIONS. LICENSES AND EDUCATION
Licensed - Real Estate Broker, State of California # 853248
Licensed - Real Estate Appraiser, State of California, Certified General # AGO14460
Credential - Instructor’s Limited Service Credential - California Community Colleges
Designated - California Real Estate Educators Association - RECI designation
and
1966 - San Francisco State College, Bachelor of Science degree. Major in Finance.
1978-l 979 - The Institute of Financial Education, School for Executive Development,
University of Washington, graduated 1979.
1968-I 902 - University of California at San Diego Extension Division
“UCSD Advanced Certificate in Real Estate” - 1982
Page 3 of 3
April 27, 1999
Tom McMahon Tom McMahon
4028 Park Dr. 4028 Park Dr.
Carlsbad, CA 92008 Carlsbad, CA 92008
(760) 729-3944 (760) 729-3944
Mayor Claude A. Lewis and Council Members
c/o City Clerk’s Office
Carlsbad City Hall
1200 Carlsbad Village Dr.
Carlsbad, CA 92008
Re: Transmittal of Application for the Design Review Board
Dear Mayor Lewis and Council Members:
I understand that there will be a vacancy on the Design Review Board soon and would like to be
considered for this position. My Application and background information is enclosed for your
review.
I am the Attorney-in-Fact for Marjorie A. Dunham, Trustee of the “Dunham Family Trust”, that
owner the Carlsbad Village Theatre. My wife’s maiden name is Judy Dunham and Marjorie A.
Dunham is my mother-in-law. I have managed all ownership aspects of the Theatre property
since September, 1993.
I am familiar with he Village Redevelopment Plan and would welcome the opportunity to serve as
an appointed member of the Carlsbad Design Review Board.
Thank you for your consideration of my application.
Tom McMahon
kk=Q ia-31-5v
APPLICATION FOR APPOINTMENT Gpdx Q
P .
BOARD(S) AND/OR COMMISSION(S) 9
(Please print or type)
NAME(S) OF BOARD(S) AND/OR COMMISSION(S) IN WHICH INTERESTED:
kSiGd rem- l!bfm *la kiuS&AJG &&M‘~Q&
NAME: oF-c-LL/fl &- ~ScoqFa~
ADDRESS: /‘6// z&4 JwG~ 1>jzI 1/E
CITY: (jAA/ 5 bA d ZIP CODE: 9&w 63
HOME PHONE:
PRESENT OCCUPATION: HE/z /4 -7-o R lkb9awG-r
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/
BUSINESS NAME: B A’5 /9mwkl4---;t + D&f5
BUSINESS ADDRESS: .%- % c5t I -
WORK PHONE: 76~- q-34 - 2/T/
U. S. Citizenship (required for all appointments) XYes No
Resident of Carl&ad (required for all appointments) No x Yes
Registered voter in Carlsbad (required for all appointments) %., Yes -No
I am familiar with the responsibilities assigned to the Board(s) or Commission(s)
on which I wish to serve.
I am willing to be interviewed regarding my qualifications for appointment by a
committee designated by the City Council or at the request of an individual
Council Member.
I am willing to file financial disclosure statements as required by the state’s or
city’s Conflict 0
SIG~~04T;~ “o? &&k2“) DATE: /‘a r -% -- 78
of your application, please mail or deliver the application to the following address:
City Clerk’s Office
City Hall
1200 Car&bad Village Drive
Carlsbad, CA 92008
EDUCATION:
EXPERIENCE:
OMMUNITY ACTIVITIES:
DDITXONAL INFCRMATION OR COMMENTS: