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HomeMy WebLinkAboutMINUTES - 09192006 - C.92 TO: REDEVELOPMENT AGENCY '��-`s L=_�_� Contra FROM: John B. Cullen Costa Executive Director CO's� '-- ,,G4vk0 rACUK DATE: September 19, 2006 � County SUBJECT: California Redevelopment Association Awards of Excellence Program ( v� SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATION: AUTHORIZE the Redevelopment Director to submit nominations for the California Redevelopment Association 2007 Awards of Excellence Program for the Palecek Imports, Inc. Project in North Richmond, and the North Broadway Revitalization Program in Bay Point FINANCIAL IMPACT: None. No General Fund revenues are involved. Incidental costs for filing the nomination are covered by Agency administrative revenues. i' CONTINUED ON ATTACHMENT: YES SIGNATURE: 4,-COMMENDATION OF COUNTY ADMINISTRATOR ❑ RECOM EN ATION OF ARD COMMITTEE �PPROVE ❑ OTHER j SIGNATURE(S): o nn//�� ACTION OF B A ON q—Iq Ob APPROVED AS RECOMMENDED OTHER ❑ VOTE OF SUPERVISORS: I HEREBY CERTIFY THAT THIS IS A TRUE AND V, / CORRECT COPY OF AN ACTION TAKEN AND . UNANIMOUS(ABSENT ) ENTERED ON THE MINUTES OF THE BOARD OF AYES: NOES: SUPERVISORS ON THE DATE SHOWN. ABSENT: ABSTAIN: ATTESTED /] i q_ of Contact: James Kennedy(5-7225) JOHN CULLEN, CLERK OF THE BOARD OF SUPERVISORS AND COUNTY cc: CAO ADMINISTRATOR County Counsel Redevelopment Agency , Community Development By: Deputy BACKGROUND: The California Redevelopment Association annually recognizes exemplary projects undertaken by California redevelopment agencies. The Agency staff recommends that two nominations be submitted: PALECEK IMPORTS, INC. In the category of Commercial/Industrial Development, the Agency nominates the relocation of Palecek Imports, Inc. furniture manufacturing, warehousing, and distribution businesses from three separate locations in West County to one site at 601 Parr Boulevard in North Richmond, the former Crown Cork and Seal Building. The action of the Agency preserved 229 jobs that would have otherwise relocated out of the County. The firm has also entered into a First Source Hiring Agreement to ensure that all future employment opportunities are first offered to North Richmond residents. Palecek has invested almost $12 million to acquire and improve the 215,000 square foot facility. The Agency has provided $500,000 in financial assistance for the improvements. These improvements will generate approximately $100,000 per year in property tax increments in North Richmond and will help support other redevelopment activities within the project area. NORTH BROADWAY REVITALIZATION PROGRAM In the category of Community Revitalization, the Agency nominates the rejuvenated North Broadway Revitalization Program in Bay Point. This mixed-income residential project provides for much needed affordable housing, market rate housing and a child care center. Completion of the residential and the multi-phase infrastructure project removed a blighted junkyard, provided upgraded infrastructure (curbs, gutters, sidewalks, underground drainage, upgraded sewer, and added streetlights) and connectivity to the existing neighborhood and served as a catalyst for private investment in the neighborhood. The project created a sense of pride in a neighborhood that once one of the highest sources of blight in the community.