HomeMy WebLinkAboutMINUTES - 11031998 - C129 ............................... .......... ............ ........................................
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TO: REDEVELOPMENT AGENCY
FROM: Phil Batchelor
Executive Director
DATE: November 3, 1998
SUBJECT: FY 1998-99 Redevelopment Agency Budget
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIQNS
ADOPT the attached annual Redevelopment Agency budget for fiscal year 1998-99 in
compliance with California Community Redevelopment Law.
FISCAL IMPACT
This budget provides for no General Fund subvention of the Agency (see below).
B6QKGROQND1REASQWi FOR RECQMMENDATIONS
California Community Redevelopment Law (Health & Safety Code Section 33606) requires
in part that the Redevelopment Agency adopt an annual budget containing specific
information. The attached report fulfills the requirements of Redevelopment Law and
establishes a framework for implementation of the Contra Costa County Redevelopment
Agency budget for fiscal year 1998-99. This budget has been reviewed by local Project Area
Committees.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF EXECUTIVE DIRECTOR ECOMMDATION 0 AGENCY
COMMITTEE APPROVE OTHER
717
SIGNATURE(S):
ACTION OF AGENCY ON November 3, 1998 APPROVED AS RECOMMENDED X OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS'A
Y, 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 November 3, 1998
cc: Community Development PHIL BATCHELOR
Redevelopment Agency AGENCY SECRETARY
County Counsel
County Administrator
Auditor-Controller BY DEPUTY
JK:dc
sra271bud9899bos
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The total 1998/99 Budget for the Contra Costa County Redevelopment Agency is approximately $30.4
million. Revenue sources include:
Amount (in mfillons)
Source ($000.00Q) Percentaae
Annual Tax Increments $ 10.1 33%
Agency Tax Allocation Bond Proceeds 13,0 43
Other Revenues 7.3 ---------- 24
TOTAL $ 30.4 100%
General uses of funds include:
Amount (in rnflilons)
Project Type ($000,000) Percentage
Capital Improvements
$ 17.4 57%
Housing Projects/Programs
4.4 14
Economic Development Projects/Programs 4.2 14
Community Enhancement Programs 0.2 1
Planning Studies 0.1 1
Debt Repayment 2.6 8
Payments to Other Agencies 0.6 2
Administration 1'0
3
TOTAL $ 30.4* 100%
*Rounding error
The Redevelopment Agency has five adopted Redevelopment Plans. Revenues are as follows:
Amount (in►nimons>
Redevelopment Project.Area ($000.000) Percenta-ae
Pleasant Hill BART Station Area $ 16.7 54%
North Richmond 2.6 8
Bay Point 5.8 19
Oakley 4.7 15
Rodeo 0,8 3
TOTAL $ 30.4* 100%*
*Rounding error
The Redevelopment Agency is undertaking over 75 budgeted projects, while utilizing only 3% of revenues
for administration. Over twenty revenue sources are utilized to creatively address redevelopment and
community requirements. Major projects, by category, are highlighted below. A complete project description
is included as part of the work program for each redevelopment area.
A. Major capital improvements, including:
1. As part of Amendments to the Pleasant Hill BART Specific Plan, reorienting the
circulation improvements to emphasize alternative modes, including pedestrian, bicycle
and transit - Pleasant Hill BART;
2. Completing additional segment to the Iron Horse Trail and a respite area at Del
Hombre - Pleasant Hill BART;
3. Complete Phase I of a Northtown Revitalization Program, and initiate Phase 11/111 - Bay
Point;
4. Park improvements - Oakley;
..........
................. .............................
.11,11111.1...........................................................................................
...................................................................
B. Major housing development financial assistance, including:
1 Annual financial assistance payment for 134 units of affordable housing - Pleasant Hill
BART;
2. Area 4 residential site - Pleasant Hill BART;
3. North Richmond Senior Housing - North Richmond;
4. Parkway Estates - North Richmond;
5. Housing site acquisition/assistance - Bay Point;
6. Targeted housing rehabilitation, North Broadway area - Bay Point;
7. Silver Oaks Housing for physically disabled - Oakley;
8. Senior Housing - Rodeo;
9. First Time Homebuyer/Housing rehabilitation assistance - North Richmond and Say
Point;
10, Capacity building for a neighborhood based non-profit - North Richmond,
C. Economic Development activities include:
1. Marketing program for the five redevelopment project areas;
2. Small business incubator establishment - North Richmond;
3. Targeted property acqu is iti on/assi stance - Bay Point;
4 Commercial facade rehabilitation program - Rodeo and Bay Point;
5. Light industrial area infrastructure improvements - Oakley;
6. Light industrial feasibility study - Bay Point;
7. Commercial center re-use plan - Bay Point;
8. Marina/waterfront Strategic Plans - Rodeo and Bay Point
CONTRA COSTA COUNTY REDEVELOPMENT AGENCY
BUDGET AND WORK PROGRAM FOR
FISCAL YEAR 1998-99
INTRODUCTION
California Community Redevelopment Law (Health & Safety Code Section '33606) requires the
Redevelopment Agency to adopt an annual budget containing the following:
- Anticipated revenues and proposed expenditures of the Agency;
- Proposed indebtedness to be incurred by the Agency;
- A work program for the corning year, including goals; and
- An examination of the previous year's achievements.
1
I PLEASANT HILL BART STATION AREA
A. REVENUESIEXPEN ES FY 9&99: Sources and Uses of funds are:
_-USES ----------SOURCES-
Tax
_..---------SOURCES-Tax increments Bond Proceeds
aossssraasaasssssmamsssxas azaeasssrsmsssssszssxss5c Speclfic Other
Capital Funds Housing Funds Capital Funds Housing Funds Plan Fees Revenues TOTAL
PAYMENTS TO OTHER AGENCIES _.__._...
Fiscal Agreements $96,000 $95,000
CAPITAL PROJECTS
Area Improvements $7,911,000 $4,899,792 t $12,810,792
Iron Horse Trait $120,000 $120,000
SP RAN Management Program $10,000 $10,000
Dal Hombre Respite $75,000 $75,000
Reserve€or'Greenspace $240,000 d $240,000
Marketing Program $10,000 $10,000
BART"Comm.Design Pgm(consu $36,145 $38,145
Pedestrian Crossing Pgm $160,000 $160,000
Property Expenses(taxes,misc) $50,000 $50,000
Unallocated Capital funds $205,914 $125,000 d,f $3$0,914
HOUSING PROJECTS
Park Regency Financial Assistant $314,000 $561,000 $875,000
DEBT SERVICE
County Debt $250,000 $250,000
Bonded indebtedness $1,318,000 $1,318,000
CalFed Interest Payment(Area 4) $140,000 $140,000
Calfed Land Payment(Area 4) $1,200,000 $1,200,000
ADMINISTRATION
Salaries $0
Services&Supplies $298,061 $299,061
Equipment $0
TOTALS $2,803,120 a $561,000 b $7,911,000 $0 $5,179,792 $1,585,000 $18,019,912 e
a: Capital Funds Include Annual Increment $2,202,000
Carryover $572,000
Interest Earnings $28,120
TOTAL $2,803,120
b: Housing Funds Include Annual Increment $550,000
Carryover $0
Interest Earnings $11,000
TOTAL $581,000
c: Specific Plan Fees include Cash $3,154,000
Mello-Rase Bond Proceeds $1,900,792
Interest Earnings $125,000
TOTAL $55,179,792
d: Current&accrued earnings from property rentals
e: Additional encumbrances available for expenditure,but not listed in the budget,are:
Meyer Mohaddes Associates $4,862
Hefter-Manus $0
Planning Analysis&Development $5,845
Delany,Cochran,&Castillo $3,875
Kohn-Mouchley Group ; $13,855
f: Loan from County Affordable Housing Trust Fund4600,000-and proceeds of land sal.-.$600,000.
B. PROMCT DESCRI TIQN: PLEASANI IML BART SIATION.AREA
1. Fiscal Agreements: Pass-thru payments to Taxing Agencies pursuant to
approved Fiscal Agreements.
2. Area improvements: Construction funds are reserved for future project(s)to
implement the Pleasant Hull BART Specific Plan, projects to be determined.
3. Iron Horse Trail: Completion of additional segments of the Iron Horse Trail
in the Pleasant Hill BART vicinity.
4. SP Right-Of-Way Management Program: Proportional costs to the
Redevelopment Agency for support of the County effort to ensure continued
operation of the former Southern Pacific right-of-way as a facility to
accommodate multiple uses.
5. Del Hombre Respite: Conversion of a remnant portion of Del Hombre to a
respite area to complement the Iron Horse Trail.
6. Reserve for Greenspace: Reserve for development of proposed greenspace
on former Southern Pacific right-of-way; improvements to be planned in this
fiscal year.
7. Marketing Program: Preparation of a marketing pian and collateral materials
to enhance the image of, and to stimulate economic development activities in,
the Pleasant Hill BART Station Area.
8. BART Community Design Program: Implementation of Specific Plan Policy
to undertake a community design program for the BART property(Areas 11
& 12). Funds are to be combined with BART contribution, and possible
Metropolitan Transportation Commission contribution. Funding includes
encumbrances.
9. Pedestrian Overcrossing Program:Funds to undertake preliminary engineering
and community design program for one or two pedestrian overcrossings of
Treat Boulevard.
10. Property Expenses: Special assessments/special taxes and property
maintenance on Agency held property.
11. Unallocated Capital Funds: Capital Projects funds reserved for future
designation.
12. Park Regency Financial Assistance: Contractually obligated payment to Park
Regency owner for affordable housing.
13. County Debt: Repayment of funds borrowed from County Assessment
District 1983-1. Repaid monies to fund Transportation Demand Management
(TDM)Program at the Pleasant Hill BART Station.
14. Bonded Indebtedness: Principal and interest due on outstanding bonded
indebtedness.
15. CalFed Interest Payment: Payment on interest only note with Glendale
Federal Savings (now California Federal Savings) for acquisition of Area 4
residential site.
16. CalFed Land Payment: Retirement of Note referenced in Item 15.
17, Administration: Salaries, services, supplies, and equipment in support of
project implementation.
2
C. �,„�T7EBTEDNE S - PLEASANT HILL BARISTATION AR:F'A
As of June 30, 1998, the Agency has approximately $42.2 million in debt. The major
elements of Agency debt for the Pleasant Hill BART Station Area are:
• $32.4 million in principal and interest due on Tax Allocation Bonds
issued in June, 1992.
• $.66 million due to Pleasant Hill BART TSM fund for an advance
from transit fees.
• $2.7 million due to the County Affordable Housing Trust Fund for
property acquisition (Area 4).
• $1.2 million due Glendale Federal Savings for property acquisition
(Area 4).
3
It NORTH RICHMOND REDEVELOPMENT PROJECT AREA
A. REVENUES/EXPENSES FY 98/99: Sources and Uses of Funds are:
- ,.....USES-------------.,.... - ---SOURCES---------- _-----------
Tax Increments Band Proceeds
Other
Capital Funds Housing Funds Capital Funds Housing Funds Revenues TOTAL
PAYMENTS TO OTHER AGENCIES
Fiscal Agreements $0 $0
CAPITAL PROJECTS
Unallocated Capital Funds $111,300 $111,300
HOUSING PROJECTS
Senior Housing Project $41,501 $500,000 g $541,501
1st Time Homebuyer/203{k} $18,634 $43,866 $250,000 a $312,500
Parkway Estates $6,890 $23,144 $207,134 $237,168
CHDC Capacity Building $45,016 $7,984 $53,000
Construction Manager-Parkway $27,872 $27,872
Unallocated Housing Funds $1,180 $1,180
ECONOMIC DEVELOPMENT ACTIVITIES
Incubator/Economic Development $18,257 $158,000 $176,257
Commercial Center $80,000 $578,553 c,g $658,553
Marketing Program $10,000 $10,000
COMMUNITY IMPROVEMENT PROGRAMS
COMET Activities $10,000 $10,000
Curb Ramps $10,000 $10,000
Abatement-Devolving Loan Fund $40,000 $20,000 f $60,000
Property Holding Expenses $6,550 $6,550
DEBT SERVICE
Banded Indebtedness $176,000 $44,000 $220,000
ADMINISTRATION $165,152 $165,157
Salaries
Services&Supplies
Equipment
TOTALS $739,300 a $104,180 b $158,000 $251,000 $1,348,553 $2,601,033 c
a: Capital Funds include: Annual Increment $398,400
Carryover $329,600
interest Earnings $11,300
TOTAL $739,300
b: Housing Funds include: Annual Increment $103,000
Carryover $0
Interest Earnings $1,160
TOTAL $104,180
c: Loan from County Trust Fund
d: Loan from County Affordable Housing Trust Fund
e: County HOME Funds
f. County funds(prospective)
G: Other CDMHOME funds=$1,829,153
h: Additional encumbrances available for expenditure,but not included in the budget,are:
• Claggett Wolfe(Inc.Feas.) $17,440
• CHDC of North Richmond $278,734
* CHDC of North Richmond/Eden Housing $152,672
B. PROJECT DESCRIPTION: NORTH RICHMOND
I. Fiscal Agreements: Pass-thru payments to Taxing Agencies pursuant to
approved Fiscal Agreements.
2. Unallocated Capital Funds: Capital funds reserved for future designation.
3. Senior Housing Project: Acquisition, predevelopment, construction, and
permanent loan financing of a 50-unit senior citizen housing project. Project
has secured federal financing(HUD 202, CDBG and HOME funds)necessary
to bring it to completion.
4. First Time Homebuyer/203K Program: First time homebuyer and down
payment assistance for lower-income households purchasing and rehabilitating
homes in the North Richmond Redevelopment Project Area. The program
has secured HOME funds to be used to provide additional assistance.
5. Parkway Estates: Predevelopment, construction and first time
homebuyer/down payment assistance for lower-income households purchasing
a home in the 87 unit single family housing development. Agency funds are
being used with CDBG and HOME federal program funds.
6. CHDC Capacity Building/Support: Administrative support for a
neighborhood based non-profit housing developer - Community Housing
Development Corporation of North Richmond.
7. Construction Manager: Party to oversee construction of Parkway Estates
project on behalf of Agency and the CHDC and Oakland Community
Housing, Inc. development team.
8. Unallocated Housing Funds: Housing Funds reserved for future designation
9. Incubator/Economic Development: Funds to begin implementing the
Incubator Feasibility Analysis if proven feasible. If the incubator project is
unfeasible, these funds will be redirected to another economic development
project.
10. Commercial Center: Acquisition, predevelopment, and construction of up to
10,000 square feet of commercial/retail space and a Center for Health. This
project is co-located with the Senior Housing project. Agency funds are being
used with a variety of federal, state, and other local funds.
11. Marketing Program: Preparation of a marketing plan and collateral materials
to enhance the image of, and to stimulate economic development activities in,
North Richmond.
12. COMET Activities: Redevelopment Agency contribution to comprehensive
County/City neighborhood improvement program.
13. Curb Ramps: Handicapped ramps in vicinity of Senior Housing Project/Center
for Health.
C. MEBTEDNESS -NORTH RI!QFLMQhM
The Agency has incurred approximately$6.7 million in debt as of June 30, 1998. The
major elements include:
• $5.5 million in principal and interest due on Tax Allocation Bonds
issued in June, 1992 and June, 1995.
• $809,000 to the County for advances from the County Affordable
Housing Trust Fund.
• $200,000 contracted obligations with the County for road and
drainage improvements.
6
III BAY POINT REDEVELOPMENT PROJECT AREA
A. REVENUES/EXPENSES FY 98199: Revenues and proposed expenditures are as shown:
USES -- SOURCES -------
Tax Increments Bond Proceeds
Other
Capital Funds Housing Funds Capital Funds Housing Funds Revenues TOTAL
PAYMENTS TO OTHER AGENCIES
Fiscal Agreements $190,000 $190,000
CAPITAL PROJECTS
Ambrose Comm.Cntr Play Structure $601000 $60,000
North Broadway Impvts-Phase 1 $1,653,030 $1,653,030
N.Bdway Impvts-Phase[fill]Design $300,000 $300,000
P. Chicago Hwy Widening/Frontage $100,000 $100,000
Rai Crossing Impvts-McAvoy Rd. $25,000 $25,000
Unallocated Capital Funds $141,826 $877,970 $14,666 a $1,034,462
COMMUNITY IMPROVEMENT PROGRAMS
Abatement-Revolving Loan Fund $50,000 $30,000 f $80,000
Community Group Funding Program $20,000 $20,000
Family Preservation Program Support $40,000 g $40,000
Property Holding.Costs $2,500 $2.500
HOUSING PROJECTS
First Time Homebuyer Prograrn/203(k) $42,850 $4,490 $204,521 h $251,861
No Bdwy Area-Site Acquisition $234,420 $785,070 $180,510 $1,200,000
No Bdwy Area Pro-Development $80,000 $80,000
Unallooated Housing Funds $0 $0 $0
DEBT SERVICE
Bonded Indebtedness $341,600 $85,400 $427,000
ECONOMIC DEVELOPMENT ACTIVITIES
Facade Rehabilitation loans $28,790 $28,790
Facade Rehabilitation Rebates $12,000 d $12,000
Facade Rehabilitation Tech Assist. $5,000 $3,800 d $8,800
Commercial/Industrial Database $2,700 $2,700
Marketing Campaign $2,890 $2,890
Marketing Tools Design/Production $11,500 $11,500
Marina/Waterfront Development $50,000 1 $50,000
Light Industrial Feasibility Study $25,000 $25,000 1 $50,000
PLANNING ACTIVITIES
Bay Point/Pitts BART SAP $15,000 j $15,000
Bay Point/Pitts BART SAP EIR $94,500 j $94,500
Bay Point P-1 Rezoning Program $32,000 $32,000
ADMINISTRATION $190,194 $190,194
*Salaries
*Services&supplies
*Equipment
TOTALS $1,922,920 a $993,320 b $2,531,000 $185,000 $329,987 $5,952,227 c
a. Capital Funds include: Annual Increment $842,000
Carryover $1,049,600
Interest Earnings $31,320
TOTAL $1,922,920
b: Housing Funds include: Annual Increment $210,000
Carryover $766,400
Interest Earnings $16,920
TOTAL $993,320
c: Additional encumbrances available for expenditure,but not Included in the budget are:-0-
d: County CDBG Funds
e: Reimbursement from City of Pittsburg for BART Area Specific Plan costs
f: Keller Canyon Mitigation Funds
g: Family Support Funds via Social Services Contract
h: County HOME Funds
1: Property Owner Contribution
j: City of Pittsburg&BART to reimburse for 1/3 each
............
B. PROJECT DESCRIPTION: BAY POINT
I Fiscal Agreements: Pass-thru payments to Taxing Agencies pursuant to approved
Fiscal Agreements.
2. Ambrose Community Center - Play Structure: Funds for purchase and installation
of playground structure at Ambrose Community Center.
3. North Broadway Improvements-Phase 1: Project includes widening and paving of
streets, installation of curb, gutter, and sidewalks, improvements to the
water/sewer systems, and installation of underground storm drains and street lights
in the area north of Willow Pass Road and east of Bailey Road.
4. North Broadway Phase 11/111 Design: Funds to pay for preliminary design for
Phase 11 and III of the North Broadway Infrastructure Program (See #3 for
description of project).
5. Port Chicago Highway Widening Project - Frontage Improvements: Project
includes street widening and paving, installation of bike lanes, and curb, gutter, and
sidewalks on Port Chicago Highway north of Pacifica Avenue to McAvoy Road.
6. Railroad Improvements - McAvoy Road: Project to improve the Union Pacific
Railroad Crossing into McAvoy/Harris Harbor areas.
7. Unallocated Capital Funds: Capital project funds reserved for future designation.
8. Abatement Program - Revolving Loan Fund: Redevelopment Agency contribution
to the County's Abatement Revolving Loan Fund for abatement activities in the
Bay Point Redevelopment Project Area, specifically the North Broadway Area and
the eastern section of Shore Acres. Redevelopment Agency funds will be matched
with Keller Canyon Mitigation funds.
9. Community Group Funding Program: Funds to support neighborhood
"beautification" projects, such as graffiti removal and vacant lot/yard cleanup,
initiated by volunteer groups in Bay Point.
M Family Preservation Support Program: Under an inter-agency agreement with the
County Social Services Department, the Redevelopment Agency is assisting the
Pittsburg Pre-School Coordinating Council in securing office space and meeting
facilities to operate the Family Preservation and Support Program for Bay Point.
The funds were provided by the Social Services Department's Family Support
Fund and will be used to pay for rent and tenant improvements.
11. Property Holding Costs: Property maintenance costs for Redevelopment Agency-
owned property.
12, First-Time Homebuyer/203K Program: First time homebuyer and down payment
assistance for lower-income households purchasing and rehabilitating homes in the
Bay Point Redevelopment Project Area. The program has secured HOME funds
to be used to provide additional assistance.
13. North Broadway Site Acquisition: Funds set aside for acquisition of a major
holding and other key properties for a new construction project in the North
Broadway Area.
14. North Broadway - Predevelopment: Funds to pay for predevelopment expenses
related to the acquisition of major holding in the North Broadway Area.
Predevelopment expenses include environmental assessment studies, an appraisal,
soils study, engineering tests, survey and assessment of relocation costs if
necessary.
15. Unallocated Housing Funds: Housing Funds reserved for future designation.
7
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16. Bonded Indebtedness: Principal and interest due on outstanding bonded
indebtedness.
17./ Facade Rehabilitation Loans/Rebates:Financial assistance program to improve the 18.
18. exterior physical appearance of commercial properties in Bay Point. A revolving
loan fund is to be paired with County Community Development Bloch Grant
(CDBG) funds and a match from the property owner or business owner.
19. Facade Rehabilitation - Technical Assistance: Architectural costs and permitting
costs to the property owner or business owner are reduced through provision of
these services.
20. Commercial/Light Industrial Database: Development of a database of commercial
and light industrial properties in the Rodeo Project Area to use as a marketing tool
for potential developers.
21. Marketing Campaign - Strategy: Preparation of a marketing plan and collateral
materials to enhance image of, and to stimulate economic development activities
in, Rodeo.
22. Marketing - Design/Production Marketing Tools: Funds to pay for production of
collateral materials as identified in marketing plan.
23. Marina/Waterfront Strategic Planning: Preparation of a development program for
the marina and waterfront area. Redevelopment Agency will retain Waterfront
Community Consultants to take the community through a strategic planning
process. The planning process will be a collaborative effort with the
Redevelopment Agency, appropriate state and federal agencies, and interested
private individuals.
24. Light Industrial Area Study: Preparation of feasibility analysis',and implementation
plan for key industrial properties in the Bay Point area.
25. Bay Point/Pittsburg BART Station Area Specific Plan: Consultant contract for
completion of Pittsburg/Bay Point BART Station Area Specific Plan.
26. Bay Point/Pittsburg BART Station Area Specific Plan ETR: Preparation of an
Environmental Impact Report on the proposed Specific Plan.
27. Bay Point P-1 Rezoning Project: Preparation of an area-wide rezoning to P-1, a
Planned Unit Development. Process will be initiated upon adoption of the
Pittsburg/Bay Point BART Station Area Specific Plan.
28, Administration: Salaries, services, supplies, and equipment in support of project
implementation.
8
C. INDEBTEDNESS -BAY_PAINT
The Agency has incurred approximately $15.7 million in debt as of June 30, 1998,
including:
$11.0 million in principal and interest on Tax Allocation Bonds issued
in June, 1992 and December, 1995.
• $2.3 million contracted obligations with the County for road and
drainage improvements.
9
IV OAKLEY REDEVELOPMENT PROJECT AREA
A. REVENUES/EXPENSES FY 96199: Sources and Uses of funds are:
---USES--- _....-._.... _ -SOURCES---
Tax
_Tax Increments Bond Proceeds
Other
Capital Funds Housing Funds Capital Funds Housing Funds Revenues TOTAL
PAYMENTS TO OTHER AGENCIES
Fiscal Agreements $240,000 $240,000
CAPITAL PROJECTS
Main Street Perk $140,258 $140,259
Signal-Highway 4&Malicoat $50,000 $50,000
Sand Hill Infrastructure $0 c $0
MARSH Revitalization $3,880 $3,880
Unallocated Capital Funds $170,248 $170,248
HOUSING PROJECTS
Silver Oaks Project $119,294 $119,294
Unallocated Housing Funds $315,246 $315,246
DEBT SERVICE
Bonded Indebtedness $198,400 $49,600 $248,000
ECONOMIC DEVELOPMENT ACTIVITIES
Property Holding Expenses $23,000 $23,000
P-1 Rezoning Program
Inter-Agency Staff $36,000 $36,000
Design Guidelines $12,350 $12,350
Light Industrial Area Improvements $1,227,942 $1,845,741 $3,073,683
Marketing Program $25,000 $25,000
ADMINISTRATION $200,360 $200,360
Salaries
Services&Supplies
Equipment
TOTALS $2,187,180 a $484,140 b $1,966,000 $0 $0 $4,657,320 d
a: Capital Funds include: Annual Increment $938,000
Carryover $1,152,400
Interest Earnings $38,780
TOTAL $2,187,180
b: Housing Funds include: Annual Increment $249,000
Carryover $226,600
Interest Earnings $8,540
TOTAL $484,140
c: Outstanding ccmmittment of$829,000 will need to be provided when.SUB 7669 develops
d: Additional encumbrances available for expenditure,but not included in the budget,are:
• Treadwell&Rollo $215
• EAH Silver Oaks) $173,602
• EAH(Main Street Park) $5,797
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B. PROJECT DESCRIPTION:_OAKUY
1. Fiscal Agreements: Pass-thru payment to Taxing Agencies pursuant to approved
Fiscal Agreements.
2. Main Street Park: A passive pocket park to be developed adjacent to the Silver
Oaks Apartments Project for the physically disabled (see item 47 below).
3. Signal - Highway 4 and Malicoat: A traffic signal is to be constructed at the
intersection of Malicoat and State Route 4 to mitigate expected increased traffic
from a proposed subdivision on the easterly end of Malicoat. The signal will be
installed when the development is being constructed. The developer,
Redevelopment Agency, and Public Works Department will share the cost of the
signal.
4. Sand Hill Infrastructure: Improvements including the paving of streets, installation
of curb, gutter and sidewalks, and drainage/sewer system facilities in the older
Sand Hill neighborhood. The Agency and developer will fund the improvements.
An additional $829,000 of future redevelopment funds have been programmed for
this project, and will made available when Subdivision 7689 is built.
5. M.A.R.S.H. Revitalization Project: Installation of new sidewalks where none were
present, repair of existing sidewalks which compromised health and safety, and
installation of handicap curbs on residential streets in the area bounded by Main on
the north, Norcross on the west, Home on the south, and 5th on the east. Project
work has been completed.
6. Unallocated Capital Funds: Reserve funds for new and/or existing capital projects.
7. Silver Oaks Apartments: Predevelopment, construction and permanent loan
financing for a new 24-unit development for lower income physically disabled
individuals. Agency funds are being used with HUD 811, County CDBG, and
County HOME funds.
8. Unallocated Housing Funds: Housing set-aside funds reserved for future
designation.
9. Debt Service- Bonded Indebtedness: Payments on debts (i.e., bonds and
contractual obligations)the Agency has incurred for the Oakley Redevelopment
Plan.
10, Property Holding Expenses: Funds to maintain Agency owned properties.
11, P-I Rezoning Program: Funds to create and implement a progressive Planned Unit
Zoning program for the entire Oakley Redevelopment Project Area. Project
includes design guidelines, development standards and conditions of project
approval, and land use matrixes and standards to be used for guidance of all future
development within the designated area.
12. Light Industrial Area Improvements: Funds to implement Phase I improvements
(as detailed in the Industrial Area Economic Analysis) to the light industrial area.
Project will include road extensions and improvements, undergrounding of utilities,
and installing a storm drain from Live Oak Avenue easterly to State Route 4.
13. Marketing Program: Preparation of a marketing plan and collateral materials to
enhance the image of, and stimulate economic development activities in, Oakley.
This project also includes carrying out the Light Industrial Area marketing
program.
14. Administration: Salaries, services, supplies, and equipment in support of project
implementation.
C. 2MEB : 4 x Fv
The Agency has incurred approximately $7.6 million in debt as of June 30, 1998,
which includes.
• $6.0 million in principal and interest on Tax Allocation Bonds issued
in June, 1992.
• $100,000 in contractual obligations to the Contra Costa Mosquito
Abatement District.
• $1.1 million in contractual obligations to the County of Contra Costa
for infrastructure improvements and property acquisition.
10
B. REDMCT DESCMTION.- RQUO
1. Fiscal Agreements: Pass-thru Taxing Agencies pursuant to approved Fiscal
Agreements.
2. Facade Rehabilitation Loans/Rebates: Financial assistance to downtown businesses
for facade improvements.
3. Facade Rehabilitation - Technical Assistance: Permitting costs to the property
owner or business owner are reduced through provision of these services.
4. Facade Improvement - 189/199 Parker: Funds to improve facade of Rodeo Senior
Center in the downtown area.
5. 189/199 Parker-Building Renovation: Funds to construct tenant improvements and
upgrades to building systems (i.e., electric, roof, and plumbing) at 189/199 Parker
Avenue.
6. Parker Avenue Improvements - Preliminary Engineering: Funds to prepare
preliminary engineering study for Parker Avenue improvements as specified in the
Downtown/Waterfront Specific Plan.
7. Property Holding Costs: Property maintenance costs for 1891199 Parker and the
2.11 acre site on Willow/San Pablo Avenue.
8. Unallocated Capital Funds: Capital funds reserved for future designation.
9. Senior Housing Site Acquisition: Funds programmed to complete acquisition of a
2.11 acre site for the Rodeo Senior Housing project.
10. EAH- Senior Housing Predevelopment: Funds to pay for predevelopment expenses
related to the senior housing project.
11. Unallocated Housing Funds: Housing Funds reserved for future designation.
12. Bonded Indebtedness: Payments on bonded indebtedness incurred by the Rodeo
Redevelopment Project,
13. Marketing Strategy: Preparation of a marketing plan and collateral materials to
enhance image of, and to stimulate economic development activities in,Rodeo.
14. Commercial Property Database: Development of a database of commercial properties
in the Rodeo Project Area to use as a marketing tool for potential developers,
15. Marketing Tools Design/Production: Funds to pay for production of collateral
materials as identified in marketing plan.
16. Marina/Waterfront Strategic Planning: Preparation of a development program for the
Rodeo marina and waterfront. Redevelopment Agency will retain Waterfront
Community Consultants to take the community through a strategic planning process.
The planning process will be a collaborative effort with the RedevelopmentAgency,
East Bay Regional Park District, appropriate state and federal agencies, and interested
private individuals.
17. Capitol Corridor Train Station Proposal: Preparation of a presentation/proposal to
West Contra Costa Transportation Advisory Committee (WCCTAC) in response
to a site selection process for a West County train station.
18, Commercial Property - Minor Subdivision/Rezone Application: Processing of
planning entitlements for the commercial portion of the 2.11 acre site at Willow and
San Pablo Avenue.
19. Administration: Salaries, services, supplies, and equipment in support of project
implementation.
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............-......
V RODEO REDEVELOPMENT PROJECT AREA
A. REVENUES/EXPENSES: FY 98/99: Sources and Uses of funds are:
-USES SOURCES ------........
Tax Increments Bond Proceeds
Other
Capital Funds Housing Funds Capital Funds Housing Funds Revenues TOTAL
PAYMENTS TO OTHER AGENCIES
Fiscal Agreements $65,000 $65,000
CAPITAL PROJECTS
Facade Rehabilitation Loans/Grants $75,600 d $75,600
Facade Rehabilitation Tech.Assistance $6,000 $6,000
Facade Improvement-1891199 Parker $15,000 $15,000
189/199 Building Renovation $10,000 $5,000 g $15,000
Parker Ave. Impvts-Prelim Eng. $60,000 $50,000
Property Holding Costs $5,000 $2,000 a $7,000
Unallocated Capital Funds $9,796 $1,500 f $11,296
HOUSING PROJECTS
Senior Housing Site Acquisition $156,380 $133,620 $290,000
EAH�Senior Housing Predevelopment $25,000 $25,000
Unallocated Housing Funds $0 $0
DEBT SERVICE
Bonded Indebtedness $0 $0
ECONOMIC DEVELOPMENT ACTIVITIES
Marketing Strategy $2,890 $2,890
Commercial Property Database $5,000 $5,000
Marketing Tools Desig/Production $11,500 $11,500
Marina,Waterfront Strategic Planning $50,000 $50,000
Capitol Corridor Train Station $5,000 $5,000
Willow Ave.Comm. Property Rezoning $5,000 $5,000
ADMINISTRATION $163,914 $163,914
*Salaries
*Services&Supplies
*Equipment
TOTALS $585,480 a $133,620 b $0 $0 $84,100 $803,200 o
a: Capital Funds include: Annual Increment $357,000
Carryover $217,000
Interest Earnings $11,480
TOTAL $585,480
b: Housing Funds include: Annual Increment $89,000
Carryover $42,000
Interest Earnings $2,620
TOTAL $133,620
c: Additional encumbrances available for expenditure,but not listed in budget are:
EAH--Senior Housing Predevellopment $28,836
J Pregfiasco,Architect-Facade Program $11,610
d: Facade Program Revenue
RDA Funds on Deposit w Mechanics Bank $52,500
Facade Rebates-CDBG Funds $23,100
TOTAL $75,600
a: Rental Revenue
f: Reimbursement from CDBG for the Facade Rehabilitation Program
g: Reimbursement from The Rodeo MAC for Sheriff Sub-Station
C. ZMEBTLDNE , RODEO
The Agency has incurred approximately $1.4 million as of June 30, 1998, including.
$500,000 in contractual obligation for EBRPD improvements.
• $278,000 Low/Moderate Income Housing Fund.
$590,000 contractual obligation pursuant to fiscal agreements.
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WORK PROGRAM FOR FISCAL,YEAR 1998-99
The work program of the Centra Costa County Redevelopment Agency for Fiscal Year 1998-99 is
directed at continuing the implementation of the Pleasant Hill BART Station Area Redevelopment
Plan and Specific Plan, and the Redevelopment Plans for Forth Richmond, Bay Point, Oakley and
Rodeo.
Specific goals, objectives and tasks of the Agency for Fiscal Year 1998-99 are;outlined below:
I. Pleasant Hill BART Station Redevelopment Project Area:
Goal 1: Secure necessary financing to implement the Plan.
A. Secure funds from developers under terms of Disposition and
Development Agreements(DDA's).
B. Facilitate property transfers as appropriate to expedite project/
program implementation.
C. Continue repayment of Agency debt to the County, as financially
feasible.
D. Undertake a refunding of the Agency's outstanding bonded
indebtedness for cost saving opportunities.
E. Evaluate appropriateness of nein bonded indebtedness to facilitate
program implementation.
Goal2: Complete the Assemblage of Specific Plan Development';Areas.
A. Complete vacation and abandonment proceedings on County rights-
of-way held in fee and easement.
B. Secure property dedications as necessary for planned road
improvements.
Goal 3: Continue access and infrastructure improvements necessary to allow
construction to begin and to serve completed buildings.
A. Continue to transfer property as necessary to facilitate public
improvements.
B. Secure property dedications as specified in DDA's or development
approvals.
C. Evaluate need for neve rights-of--way and, if necessary, acquire
either through dedication or condemnation.
D. Establishment of Iron Horse Trail along the former Southern Pack
right-of-way.
E. Complete planning of Greenspace/Respite area uses.
F. Provide for interim use of Agency property to further facilitate
transit utilization during the construction of regional traffic
improvements.
G. Provide improvements to local streets to enhance appearance and
safety, including pre-development expenses related to pedestrian
overcrossings.
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Goal 4: Continue to evaluate Specific Plan Implementation.
A. Continue to develop Transportation Demand Management (TDM)
Program, in conjunction with the County TDM Coordinator.
I. Coordinate with Contra Costa Centre Association for
program development.
2. Coordinate the implementation of TDM with the completion
and occupancy of building.
3. Explore and evaluate new TDM measures.
B. Implement, with the Contra Costa Centre Association, a Child Care
Affordability Program.
C. Conclude traffic studies for area benefiting circulation
improvements.
D. Complete amendments to the Land Use Element, Circulation
Element, and other aspects of the Pleasant dill BART Station Area
Specific Plan, including an Environmental Impact Report in
connection therewith.
E. Create and implement, in partnership with the Contra Costa Centre
Association, a marketing strategy for the area.
Goal 5: Facilitate the Development of Affordable Housing.
A Provide financial assistance, as provided for in DDA's, to facilitate
the delivery of affordable housing in the Park Regency project.
B. Assist the developer in implementing a plan of finance in order for
the development of Area 4 to occur; complete planning activities
related thereto.
C. Undertake property transfers necessary to facilitate development of
affordable housing on Area 4.
II. North Richmond Redevelopment Project Area
Goal 1: Implementation of the North Richmond Redevelopment)Plan.
A. Monitor and provide support for private development within the
Project Area.
B. Continue to work with the North Richmond Municipal Advisory
Council (MAC) in implementing the Plan.
C. Work with the County Administrator and the City of Richmond
staff'in implementing the COMET Program, a comprehensive
County/City Neighborhood Improvement Program.
D. Work with County Public Works staff in implementing a North
Richmond Area of Benefit to include Project Area road
improvements and potential funding sources.
E. Work with Rubicon and County organizations to develop and
initiate an employment training and information dissemination
system.
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F. Initiate directed economic development activities, including the
reuse of the Noll and Rheem manufacturing facilities, a business
incubator feasibility study, and development of a light industrial
business incubator.
G. Create and initiate a marketing strategy for the North Richmond
Redevelopment Project Area.
H. Work with County Administrator and other County Department
staff to create and implement an abatement revolving loan fund
program for North Richmond.
I. Work with Public Works to construct handicap accessible curb
ramps on several blacks surrounding the North Richmond Senior
Housing, Commercial Center and Center for Health projects.
J. Work with the Health Services Department and local community
groups and residents to conclude the development of a Center for
Health.
K. Continue to work with local nonprofit developers to develop and
construct a 14,000 square foot commercial center.
Goal 2: Monitor related public improvements in the Project Area.
A. Monitor progress of removing areas in North Richmond from
FEMA designated Flood Zones.
Goal 3: Commence infrastructure improvements necessary to allow construction to
begin and to serve existing structures.
A. Initiate property acquisition and disposition where required to
facilitate public improvements.
Goal 4: Facilitate the development of affordable housing.
A. Continue to work with appropriate private, public, and non-profit
organizations and, when feasible, actively participate in the
development of affordable housing.
$. Facilitate affordable homeownership opportunities through the
initiation of the Parkway Estates Project, and the First Time
Homebuyer Program.
C. Facilitate the development of an affordable housing senior housing
project by the Community Housing Development Corporation of
North Richmond and Eden Housing.
D. Support the continued development of Community Housing
Development Corporation of North Richmond by providing
capacity building financial assistance.
V Office, and Building Inspection Department to fund and
implement the County's Abatement Revolving Loan Fund for
abatement activities in Bay Point.
D. Continue to implement the Community Group Funding Program for
neighborhood beautification projects initiated by volunteer groups
in Bay Point. This activity will both enhance the physical image of
Bay Point, and develop the capacity and financial resources of
community groups.
E. Continue to administer the Facade Improvement Program.
F. Initiate directed economic development activities, including a
strategic planning process for the marina and waterfront area and a
light industrial area feasibility study.
G. Complete the marketing plan for the Bay Point Redevelopment
Project Area, and develop marketing tools as specified in the
marketing plan.
H. Continue to work with the Pittsburg Pre-School Coordinating
Council's Family Preservation and Support Program staff to
enhance service delivery to the community by assisting in
identification and securement of office space to operate their
program in the North Broadway area.
I. Complete the Environmental Impact Report, and adopt the Specific
Plan for the Pittsburg/Bay Point BART Station Area.
1 Initiate land acquisition activities to facilitate future economic
development of the community. Work with the Contra Costa
County Resources Development Corporation to facilitate economic
development projects.
Goal 2: Monitor related public improvements in the Project Area.
A. Undertake improvements to Ambrose Community Center
Playground in conjunction with the local park district.
B. Initiate improvements on Port Chicago Highway from Pacifica
Avenue to the McAvoy/Harris Yacht Harbor area.
C. Complete improvements to the Union Pacific rail crossing at the
entrance to McAvoy/Harris Yacht Harbor area.
Goal 3: Facilitate infrastructure improvements necessary to allow construction to
begin and to serve existing structures.
A. Complete construction of Phase I of the North Broadway
Infrastructure Program and initiate design/preliminary engineering
for Phase II and III.
Goal 4: Facilitate the development of affordable housing.
IV. Oakley Redevelopment Project Area
Goal 1: Implementation of the Oakley Redevelopment Pian.
A. Monitor and provide support as appropriate for private
development within the Project Area,
B. Work with County Public Works staff in implementing the East
County Are of Benefit and identifying road improvements that
would likely promote development.
C. Facilitate a major program of'street, drainage and sewer
improvements in the Sand Hill area and in the Old Town area.
D, Initiate a major program of street, drainage and sewer
improvements in the Light Industrial Area.
E. Create and initiate a marketing strategy for the Oakley
Redevelopment Project Area generally, and the Light Industrial
Area specifically.
F. Conclude the installation of sidewalks and handicap access curb
ramps in the older residential area (area between Norcross Avenue
and Fifth Street, south of Highway 4),
G, Work with appropriate private, public and Public Works entities to
develop and construct a passive park/community entranceway into
downtown Oakley at Highway 4 and Gardenia Avenue,
Goal 2: Facilitate the development of affordable housing.
A. Facilitate the development of an affordable housing development
for the physically disabled by Ecumenical Association for Housing,
B. Work with appropriate private, public and nonprofit organizations,
as well as County Community Development staff, to develop and
implement affordable housing opportunities,
V. Rodeo Redevelopment Project Area
Goal 1: Implementation of the Rodeo Redevelopment Plan.
A. Monitor and provide support as appropriate for private
development within the Project Area.
B. Work with the County Public Works staff in implementing the West
County Area of Benefit and in identifying other sources of funding
for road improvements that would promote the revitalization of
Rodeo.
C. Work with County Service Area R-14 and the East Bay Regional
Park District to develop and begin park and recreation plans and
programs,
D. Evaluate and initiate implementation of projects as specified in the
Specific Plan for the downtown and waterfront areas.
E. Continue to implement the Facade Improvement Program.
F. Complete the marketing plan for the Rodeo Redevelopment Project
Area, and develop marketing tools as specified in the marketing
plan.
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.......... 11.11......-........... ......
Goal 2: Monitor related activities in the Project Area.
A. Continue active participation with the East Bay Regional Park
District/Contra Costa County Joint Powers Authority West County
Shoreline and Rodeo Waterfront program.
B. Review development proposals in adjacent jurisdictions for
compatibility with Rodeo interests.
Goal 3: Facilitate the development of affordable housing.
A. Continue to work with Ecumenical Association for Housing, Inc.,
and the Rodeo Citizens for Affordable Senior Housing to develop
the 50-unit affordable senior housing project.
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............. ................
EXAMINATION OF ACHIEVEMENTS FOR
FISCAL YEAR. 1997-98
The Redevelopment Agency, during Fiscal Year 1997-98, continued to implement its
Redevelopment Plans,
I. Pleasant Dill BART Redevelopment Project Arca
A. The Agency worked with the Master Developer for Area 4 to secure commitments
of other local funds as part of a comprehensive plan of finance, and worked with
the developer in filing an application for Low Income Housing Tax Credits. An
alternative plan of finance using tax exempt bond financing was formulated, given
the difficulties associated with obtaining Low Income Housing Tax Credits. This
alternative plan will have to be implemented. The necessary private activity bond
authority was secured, as was the additional financing commitments. Preparation
of multifamily bond issue is underway.
B. Property Acquisition - Private Assemblages: The acquisition of property necessary
to create developable areas for the commercial uses has been completed.
C. Planning: A proposed set of amendments to the Pleasant Hill BART Specific Plan
was circulated for public comment. An Environmental Impact Report was
completed. Hearings on the proposed amendments to the Specific Flan are
scheduled for the first quarter of fiscal year 1998-99.
D. Infrastructure Improvements: Preliminary engineering to set the basis for future
EIR and project seeping was initiated for circulation improvements in the area.
Planning and design work for another element of a park/open space corridor was
initiated:.
E. Private Development: The Agency worked with private developers to gain building
permits or planning approvals, including:
1. Treat Towers - building permits for office buildings(under
construction);
2. Westin/Club Sport -building permits for hotel/health club complex
(construction expected 1999);
3. HomesteadlAmerisuites- planning entitlements for two hotels
(construction expected 1999);
4. Coggins Square- planning entitlement application under process
(construction expected 1999);
5. BART property development - amendments to DDA initiated;
concept for community planning program formulated.
Ii. North Richmond Redevelopment Project Area
A. Development: Agency staff`continues to work with private developers interested
in industrial development north of Wildcat Creek. Agency staff worked with
several private and non-profit developers in facilitating infill housing on scattered
sites, and a major subdivision near the Richmond Parkway. Staff worked with
non-profit developers to finalize predevelopment plans for the construction of a
senior housing project. The Agency provided funding and leveraged federal funds
to initiate a First Time Homebuyer purchase and rehabilitation program. Agency
staff worked with private developers to provide reuse opportunities for the Noll
and Rheem facilities.
B. Infrastructure: The Agency continued to work with the City of Richmond to
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................ ......
complete the Richmond Parkway(Route 93), which will connect the North
Richmond industrial area to 1-80. The Market and Chesley Avenue railroad
crossings improvements were completed. Agency staff worked with Union Pacific
Railroad to construct the improvements. The Agency continues to work with
appropriate private parties and Public Works staff to identify and move toward
implementation of area infrastructure improvements.
C. General: The Agency continues its involvement in the COMET Program, a joint
County/City neighborhood improvement program, The Agency continues to work
with Health Services Department staff to finalize construction of a Center for
Health in the community. Agency staff continues to work with private, nonprofit
and other County departments to implement an information system for available
programs and services.
D. Economic Development: The Agency continued to assist in implementing the job
linkage program, which provides an innovative employment training program for
area residents by Rubicon Programs, Inc, Rubicon has been successful in receiving
federal funding to expand the program. The Agency is nearing completion of a
light industrial business incubator feasibility study to create economic development
and employment opportunities. The Agency continues to work with non-profit
developers to construct a commercial/retail development in connection with the
senior housing project.
111. Bay Point Redevelopment Project Area
A. Development: Agency staff continues to work with non-profit and private
developers interested in affordable housing development throughout the Project
Area. Staff also continues to work with developers interested in commercial or
industrial development along Willow Pass Road and the industrial area north of
Willow Pass Road. Agency staff continues to market and implement a program
for first time homebuyers purchasing and rehabilitating existing structures.
B. Infrastructure: The Agency worked in partnership with Union Pacific in
completing improvements to the rail crossings at the entrance to the
McAvoy/Harris Yacht Harbor area and initiated construction of Phase I of the
North Broadway Infrastructure program.
C. Economic Development: Staff initiated development of a marketing plan and
collateral materials to enhance image of, and to stimulate economic development
activities in Bay Point. Staff continues to implement the Facade Improvement
Program,
D. General: Agency staff initiated the Community Group Funding Program to support
"beautification" projects in the Project Area. Staff continues to work with the
County Administrator's Office, District V Office, and Building Inspection to
implement the County's Abatement Revolving Loan Fund to fund abatement
activities in the Bay Point Project Area. Agency completed and distributed a
public review draft of the Pittsburg/Bay Point BART Station Area Specific Plan.
Staff also initiated preparation of an Environmental Impact Report for the Specific
Plan.
IV. Oakley Redevelopment Project Area
A. Development: Agency staff worked with a nonprofit developer to facilitate the
development of an affordable housing project for physically disabled persons,
assisting the project in a receiving the federal funds necessary to bring it to
construction. Agency staff continues to work with non-profit and private
developers interested in residential and commercial development within the project
area to implement the Agency's affordable housing obligation.
20
.........
B. Infrastructure: Completion of sidewalk improvements just south of the downtown
area was achieved. Agency staff continues to work with private developers and
appropriate County departments to identify future infrastructure improvement-
projects.
mprovementprojects.
C. General: Agency staff`continued to work with the County and the Oakley
Municipal Advisory Council (GMAC) to create and develop a passive
park/community entranceway into downtown Oakley. Agency staffs in
collaboration with GMAC, County Community Development Department and
Public Works staff', initiated the creation and implementation of a Planned Unit
zoning program for the redevelopment area.
D. EconomicDevelopment: The Agency completed the industrial area economic
feasibility analysis to provide a framework for economic development activities.
Agency staff, in collaboration with GMAC and County Public Works, initiated the
design and financing of Phase I improvements for the light industrial area. Agency
staff and GMAC initiated the creation of a marketing program and collateral
materials for Oakley.
V. Rodeo Redevelopment Project Area
A. Development: Agency staff continues to work with private developers interested in
residential, mixed-use, and commercial development in the Project Area. The
Redevelopment Agency purchased the site for the senior housing development
project and adopted a General Plan Amendment for the site. The Agency worked
with the non-profit housing developer, Ecumenical Association for Housing, Inc.,
and the Rodeo Citizens for Affordable Senior Housing to develop the site plan,
and continues to work with the developer on obtaining financing for the project.
B. Infrastructure: The Redevelopment Agency completed construction of frontage
improvements in the vicinity of Hillcrest School,
C. Economic Development: Agency staff continues to implement the commercial
Facade Improvement Program. Six facade rehabilitation projects were completed.
Staff initiated development of marketing plan and collateral materials to enhance
image of, and to stimulate economic development activities in Rodeo.
D. General: The Agency has been actively involved in the ongoing Rodeo Waterfront
Study of the East Bay Regional Park District, the County and the Coastal
Conservancy.
.rx:dc
srs27lbudget.rpt
21