HomeMy WebLinkAboutMINUTES - 09182007 - C.69 TO: REDEVELOPMENT AGENCY '� s L==°� Contra
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FROM: John B. Cullen =` - ,.� ;s Costa
Executive Director " e
DATE: September 18, 2007 --�oUK County
SUBJECT: California Redevelopment Association Awards of Excellence Program l
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDATION:
AUTHORIZE the Redevelopment Director to submit the Palecek Imports, Inc. Project in North
Richmond for the California Redevelopment Association 2008 Awards of Excellence Program
FINANCIAL IMPACT: None. No General Fund revenues are involved. Incidental costs for
filing the nomination are covered by Agency administrative revenues.
CONTINUED ON ATTACHMENT: ❑ YES SIGNATURE: f
EO'COMMENDATION OF COUNTY ADMINISTRATOR ❑ RECOE ATION OF B ARD COMMITT
[�PPROVE ❑ OTHER
7
SIGNATURE(S): c
ACTION OF BO ;ON Se�l (CKl bei 116 ZW7
APPROVED AS RECOMMENDED OTVtR ❑
.:4
VOTE OF SUPERVISORS: I HEREBY CERTIFY THAT THIS IS A TRUE AND
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 A
Contact: Jim Kennedy(5-7225) JOHN CULLEN, CLERK OF THE B ARD OF
SUPERVISORS AND COUNTY
cc: CAO ADMINISTRATOR
County Counsel
Redevelopment Agency `
Community Development By: Deputy
G ,►
BACKGROUND:
The California Redevelopment Association annually recognizes exemplary projects
undertaken by California redevelopment agencies. The Agency staff recommends that the
following project be submitted:
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 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.