HomeMy WebLinkAboutMINUTES - 01111994 - 1.65 Contra
Costa
TO: REDEVELOPMENT AGENCY
County
FROM: Phil Batchelor
Executive Director
DATE: January 11, 1994
SUBJECT: Financial Participation Agreement between Contra Costa County and
County Redevelopment Agency - North Richmond Area of Benefit.
SPECIFIC REQUEST(S) OR RECOMMENDATIONS (S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
APPROVE and AUTHORIZE the Deputy Director - Redevelopment to execute
a contract with Contra Costa County for the design and construction
of various road improvements located in the North Richmond
Redevelopment Project Area.
FISCAL IMPACT
No General Fund money will be used on these projects. The total
estimated cost of roadway improvements to be undertaken by the County
under the North. Richmond Area- of Benefit program is $5, 576, 000. The
Redevelopment Agency will reimburse the County North Richmond Area of
Benefit for expenditures up to $675,700 out of its tax increments or
bonded indebtedness from the North Richmond Redevelopment Project
Area. The projects will be included in the adopted Agency budget for
the fiscal year in which the project would be implemented. The
remaining $4, 900, 300 will be paid for by the North Richmond Area of
Benefit ($3 , 767 , 300) and developers as 4ifroge improvements
($1, 133 , 000) .
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF EXECUTIVE DIRECTOR R ENDATOF AGENCY COMMITTEE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF AGENCY ON January 11 , 1994 APPROVED AS RECOMMENDED x OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
x UNANIMOUS (ABSENT TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE REDEVELOPMENT
AGENCY ON THE DATE SHOWN.
Contact: Jim Kennedy
646-4076 ATTESTED January 11, 1994
cc: Community Development PHIL BATCHELOR
CAO AGENCY SECRETARY
County- Counsel
Public Works
Bt/jb/finagnr.bos BY , DEPUTY
__.CKGROUND/REASONS FOR RECOMMENDATIONS
A major redevelopment activity in the North Richmond area is to
improve and upgrade the existing infrastructure and circulation
patterns. The Redevelopment Agency is assisting the North Richmond
Area of Benefit (N. R. AOB) to allow the Area of Benefit fees to be
kept low to stimulate development. Redevelopment Agency
participation would lower the single family Area of Benefit rate by
$3400, $1. 05 lower rate for commercial, and $0. 30 lower rate for
industrial development. The roadway improvements will visually
enhance the area and encourage industrial development throughout
the industrial section of the North Richmond community. The North
Richmond Municipal Advisory Council approved this program noting
that all improvement would be financed by the Agency and N. R. AOB.
OCT LI 199-3 07:17 FROM C.C.C.PUBLIC WORKS TO REDEV. AGENCY P.02
ANCIAL PARTICIPATION AGREEMENT
(North Richmond Area of Benefit)
I. PARTIES AND-E
Effective Decerat dx 1, 1993, the County of Contra Costa, a political subdivision of
the State of CCalif rnia, ("County] and the Contra Costa Redevelopment Agency, a
public body, coi orate and politic C Agency l mutually agree and promise as
follows;
2. PURPOSE
The North Rick, nd Redevelopment Project Area was adopted by the Board of
Supervisors on J 4y 14, 1987. One of the goals of the Agency in this area is the
improvement ofa road system to attract development to the area. The County
is in the process tf forming the North Richmond Area of Benefit (NRAOB) which
will provide hulcis for infrastructure through the implementation of a traffic
mitigation fee ordnance for the project area. The NRAOB will fund improvements
to the following loads: Parr Boulevard; Brookside Drive; Third Street/Goodrick
Avenue and Pi urg Avenue. The Agency desires to provide partial funding for
some of these ojects in order to allow the NRAOB fees to be kept low to
encourage devment.
3. METHOD
Once sufficient J i Lnds have been collected within the NRAOB the County shall
prepare the p and specifications, advertise for bids, award the project,
administer the ntract, perforin all construction and inspection necessary to
undertake these tiv'ties and complete construction. Agency's participation shall
consist of pa ' or a portion of the full project cost as set forth in Sections 4 and
5 of this agreem t.
4. IMPROVEMENT
The total imp ents to be constructed by the NRAOB are as follows (the
"Improvements'D
1. a0ted
oulevard -widen and overlay portions of the roadway between
uth= Pacific Radroad and the Richmond Parkway.
Cost: $2,042,000 Agency Share: $293,700
2. JIM&Drive-Widen and overlay portions of the roadway between
the southern Pacific Railroad and Third Street-
Es ted Cost: $772,000 Agency Share: $232,000
3. ThI Street/Goodrick Avenue - Realign Third Street or Goodrick
Avdiue to allow a four way intersection with Parr Boulevard.
Es ted Cost: $1,750,000 Agency Share: $0
OCT--11 -19930 07:14 Si03132333 P.002
OCT L1 19931 07 17 FROM C.C.C.PUHLIC WORKS TO REDEV. RGENCY r.es
r
4. Pi burg Avenue - Widen the existing portion of Pittsburg Avenue
be een the Richmond Parkway and Central Street, and extend
Pi burg Avenue from Central Street to Third Street.
Es ated Cost: $1,012,000 Agency Share: $150,000
S. COST
The total cost o e Improvements is $5,576,000, of which the NRAOB will pay
$3,767,300, de eloping properties will contribute $1,133,000 as Erontage
improvements, the Agency has agreed to provide $675,700 pursuant to this
agreement. Thi Agency share of each project is listed in Section 4 of this
agreement. The ounty shall report all receipts and disbursements to the Agency
and shall provid a Agency with any documentation necessary, in the opinion of
the Agency, to said expenditures.
6. COST ORDERS DOR CHANGE 0
Any increases J the costs outlined in Section 4 of this agreement, per actual
contract award mount or change orders, must be approved in writing by the
Agency to qu for reimbursement.
7. TERM OF AG
This agreement i remain in effect untB final payments required herds on all
projects have bei made.
CONTRA CO COUNTY
By.
-
I Michael W ord
Public Works irector
CONTRA COS77 COUNTY REDEVELOPMENT AGENCY
By:
Jim Kennedy
Deputy Direct - Redevelopment
FORM APPROVI BY COUNTY COUNSEL
By:
Deputy
RB i:dn
C:f INPAR.TIO
TOTAL P.03
OCT- 11 -1993 0714 5103132333 P.003