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HomeMy WebLinkAboutMINUTES - 08291989 - 1.54 1 -®54 TO: REDEVELOPMENT AGENCY FROM: PHIL BATCHELOR EXECUTIVE DIRECTOR DATE: August 2, 1989 Contra SUBJECT: Authorize the Executive Director or his Costa Designee to execute a Community Development County Block Grant Program Project Agreement with the County of Contra Costa. SPECIFIC REQUEST(S) OR RECOMMENDATIONS AND BACKGROUND AND JUSTIFICATION RECOMMENDATIONS Authorize the Executive Director or his Designee to execute a Community Development Block Grant Program Project Agreement with the County of Contra Costa for the following activities: a. Revitalization Study of North Richmond and West Pittsburg with a payment limit of $43 , 000; and b. North Richmond Housing Assistance with a payment limit of $130,282. 31 . FISCAL IMPACT None. ( 100% HUD funds) REASONS FOR RECOMMENDATIONS/BACKGROUND The Redevelopment Agency will contract with one or more private consulting firms to determine the need for infrastructure improvements and develop strategies to guide anticipated develop- ment that will revitalize the North Richmond and West Pittsburg communities. The Redevelopment Agency will contract with a local non-profit organization to provide secondary financing to facilitate the purchase of affordable housing by lower income households in the North Richmond area. The housing is being developed by a private developer pursuant to a Disposition and Development Agreement with the County Redevelopment Agency. The Disposition and Development Agreement approved by the Agency contemplates the provision of this affordable housing assistance. CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF EXECUTIVE DIRECTOR RECONIl NDA I N OF A CY COMM E APPROVE OTHER SIGNATURE(S) : ACTION OF AGENCY ON Amus t 2 9..19 8 9'APPROVED AS RECOMMENDED x OTHER VOTE OF COMMISSIONERS X UNANIMOUS (ABSENT 1, IV ) I HEREBY CERTIFY THAT THIS IS A AYES: NOES: TRUE AND CORRECT COPY OF AN ACTIO ABSENT: ABSTAIN: TAKEN AND ENTERED ON THE MINUTES OF THE REDEVELOPMENT AGENCY ON THE DATE SHOWN. cc: CAO ATTESTED August 29, 1989 County Counsel PHIL BATCHELOR, Community Development AGENCY SECRETARY Redevelopment Agency Auditor-Controller BY � ,DEPUTY ra38/jb/cdbgpa.bos