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HomeMy WebLinkAboutMINUTES - 12202005 - C136 440 Contra 4S Costa ................ County TO: REDEVELOPMENT AGENCY '" "' FROM: John Sweeten Executive Director DATE: December 20, 2005 SUBJECT: FY 2005/2006 Redevelopment Agency Amended and Restated Budget SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATIONS APPROVE an Amended and Restated Redevelopment Agency FY 05/06 Budget for the Pleasant Hill/Contra Costa Centre BART, North Richmond, Bay Point, Rodeo and Montalvin Manor project areas. FISCAL IMPACT No General Fund revenues involved. BACKGROUND/REASONS FOR RECOMMENDATIONS The Redevelopment Agency adopted its FY 2005/06 budget on August 9, 2005. Since that time the Agency's revenues have been confirmed and additional project and financial requirements have been identified, therefore budget changes are recommended. The reco ended changes are summarized below. CONTINUED ON ATTACHMENT: X YES SIGNATURE: RECOMMENDATION OF EXECUTIVE DIRECTOR JECOMM INDATION F AGENCY COMMITTEE _,JkPPROVE _ OTHER SIGNATURE(S): 00 Ir //1 _ACTION OFA /1ENCY ON ��-/�Ib� APPROVED AS RECOMMENDED V"O HER VOTE OF COMMISSIONERS HEREBY CERTIFY THAT THIS IS A V' 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 335-1255 ATTESTED 1 a0 /n6_ cc: Community Development JOHN SWEETEN, AGENCY SECRETARY Redevelopment Agency County Counsel CAO BY. �� 1�-�il��Ul�� , DEPUTY Auditor-Controller G:\CDBG-REDEVUedev\LNoble\Personal\Board Orders and Greenies\BOS.RDA.FY2006.BudgetAmendmen[.12.OS.doc Revenue Changes The FY 05/06 revenue figures for the Agency have now been confirmed by the Auditor-Controller. They differ from the revenue figures in the August 9,2005 adopted budget as follows: FY 2006 RDA Tax Increment Revenues PH BART NR BP Rodeo Montalvin Actual TI (draft AC of 10/12/05) $5,369,391 $1,850,354 $3,314,556 $1,829,216 $357,842 Estimated TI in Budget $6,010,000 $1,525,000 $2,893,000 $1,595,000 $245,000 Difference ($640,609) $325,354 $421,556 $234,216 $112,842 The Pleasant Hill/Contra Costa Centre BART revenues were reduced due to one major property tax assessment appeal being acted on,and one change of property ownership involving an exempt organization(CALSTRS),which resulted in the property being assessed based on the value of the tenant leases. The revenues for the remaining redevelopment project areas rose. II Summary of Budget Changes The revised budget pages for each of the Redevelopment Project Areas are attached. The budget pages have been color coded to reflect changes,with reductions in revenueJfunding highlighted in yellow,and increases in fundinglrevenues highlighted in green. A) Pleasant Hill/Contra Costa Centre BART Station Area Due to a revenue reduction the Unallocated Capital Funds were reduced by$568,641. The reduction in the Housing Set-Aside funds were accomplished by reducing the BART Property Financial Assistance by$101,631,and by reducing the Housing Development Fund by$33,280. Minor changes were made to the Payments to Other Agencies based on current information. B) North Richmond The revenue increase was earmarked for future designation when planning/scoping initiatives currently underway have been completed. Unallocated Capital Funds were increased by$217,865,while the Housing Development Fund was increased by$64,969. Minor changes were made to the Payments to Other Agencies based on current information. C) Bay Point The revenue increase of was distributed among the three priority initiatives in Bay Point—North Broadway increased by$20,000;BART Area Implementation increased by$175,000;and the Marina/Waterfrontarea increased by$25,000. The Payments to Other Agencies also was increased based on current information. The additional Housing Set-Aside revenues of$84,265 were placed in the Housing Development Fund so they will be available for initiatives currently under development. D) Rodeo The revenue increase was distributed between current priority projects—Waterfront Predevelopment Assessment increased by $40,000;and the Town Square Mixed Use project increased by$20,000. Anew program is also recommended--$80,000 in first year funding to retain a resident deputy in Rodeo(this assistance will be limited to a few years in reducing amounts). Minor changes were made to the Payments to Other Agencies to reflect current information. The proposed amendments for the Rodeo Project Area also include reprogramming previously unallocated capital project bond funds to the Parker Avenue Improvements to cover increased costs related to a Pinole Sewer Line relocation not previously anticipated. Funds will be advanced on behalf of Pinole,and repaid by the City subject to terms being negotiated. The proposed amendments also correct an omission of Other Revenue for the Town Square Housing Project. The$1 million loan of County Housing Funds was left out of available revenues in error when the adopted budget message was prepared. E) Montalvin Manor The additional revenues were earmarked for Soccer Field/Montalvin Park improvements. Minor changes were made to the Payments to Other Agencies to reflect current information,and to the Unallocated Funds. The additional Housing Set-Aside Funds were split between Housing Rehabilitation and Housing Development Fund initiatives. G:\CDBG-REDEV\redevV.Noble\Personal\Board Orders and Greenies\BOS.RDA.FY2006.BudgetAmendment.12.05.doc CONTRA COSTA COUNTY REDEVELOPMENT AGENCY BUDGET AND WORK PROGRAM FOR FISCAL YEAR 2005w06 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; 0 A work program for the coming year, including goals; and • An examination of the previous year's achievements. 6: COB&-RE 1)EV\redev\Budget\budgetintroduction.doc I I PLEASANT HILL/CONTRA COSTA CENTRE BART REDEVELOPMENT PROJECT AREA A. Revenues/Expenses FY 05/06 Revenues and proposed expenditures are as shown: (Amended and Restated-12120105} Tax Inc e:inents Bond Proceeds Specific Plan Other Capital Funds Housina Funds C22ital Funds Housina Funds Fe" Reyontm TOTAL Payments to Other Agenci $589000 Property Tax Admin Charge $589000 $250,000 Fiscal Agreements/33676 Payments $250r000 $5649000 ERAF Debt Service $370,0001 $393959000 Bonded Indebtedness $390259000 Capital Projects $3290509000 $3690009000 BART Replacement Parking Garage $399509000 $700o000 $7000000 Iron Horse Trail Business Relocation Iron Horse Trail Overcrossing Construction $191009000 $909000 $390109000 $2,090,000 go j $692909000 Coggins Crosswalk $2009000 $200,000 Placemaking-BART Transit Village $8l0009000 $190009000 i $9,0009000 Drainage improvements $1,500,000 $195009000 Additional Alternate Access Improvements $25,000 $500,000 $6009000 j $191259000 California PATH Project $259000 $259000 Property Holding Costs $25,000 $259000 Unallocated Capital Funds $1279477 $299282 $59410 $162,169 Community Improvement Programs $500oOOO $7509000 ho j $lv2509000 Walden Green Phase 11 Construction $509000 Street Enhancements $50r000 $523,072 e $5239072 Child Care Facility Fund Economic Development Activities $209000 Marketing Program $209000 Housing Projects/Programs $553J50 $5539150 Park Regency Financial Assistance $1009000 BRIDGE Housing Financial Assistance $100,000 $1,7989369 BART Property Financial Assistance $1,798,369 $259000 Pre-Development-1250 Las Juntas Way $259000 $0 Housing Development Fund $0 Planning Activities $15j000 Transit Village Town Architect $15v000 $80o000 Transit Village Financial/Technical Consultants $809000 $209000 AB 1290 Implementation Plan Preparation $209000 Administration $5509000 $5509000 TOTALS $998849477 a $2,476,519 b $4096699282 $0 $5,915,410 f $593339072 $6492789760 d a: Capital Funds include Annual Increment $492739702 Fund Balance $5,5129909 Interest earnings $97,866 TOTAL $9,884,477 b: Housing Funds include Annual Increment $190689425 Fund Balance $193839574 Interest earnings $24,520 TOTAL $294769519 c: Bond Proceeds Capital Project Proceeds $40,6699282 Housing Project Proceeds $0 Total $40,669,282 d: Additional encumbrances available for expenditure,but not listed in the budget are: Bond Bond Other Capital Funds Housina Funds Cgs2ital Funds Housina Funds Revenue TOTAL Transit Village Assoc-parking garage $4359778 $4359778 PW-Iron Horse Trail Overcrossing $3429232 $3429232 Opticos Design $179143 $17,143 AD Kotin $429157 $429157 Total Encumbered $599300 $0 $7789010 $0 $0 $8379310 e: Includes$512,724 in child care facilities program funds f: All or part from Pleasant Hill BART Specific Plan fees,which total: County Fee Account $4,014,618 Mello-Roos Proceeds $1900,792 $59915,410 g. Measure C funds--$1,090,000;&TEA 21 25%Funds--$500,000 committed h. County Park Dedication Funds I Capitalizaed interest held by Trustee Bank j: MTC Housing Incentive Program funds of$2.6 million have been committed. Subject to refinement and need the funds have been allocated as follows: • Iron Horse Overcrossing $500,000 • Walden Green-Phase 11 $500,000 • BART Station Facade Improvement $19000,000 • David/Minert Shortcut Path $600,000 B. PROJECT DESCRIPTION: PLEASANT HILL BART STATION AREA 1. Payments to Other Agencies: Pass-thru payments to taxing agencies pursuant to approved Fiscal Agreements; payments to taxing agencies pursuant to Section 33676 of Health and Safety Code; charges of the County Auditor-Controller for property tax administration; and revenue diverted to State Education Relief Augmentation Fund (ERAF). 2. Bonded Indebtedness: Principal and interest due on outstanding bonded indebtedness 3. BART Replacement Parking: Funds for construction of the BART patron replacement parking program. A Construction Agreement was approved by the Agency on June 14, 2005. The project implements the Pleasant Hill/Contra Costa Centre BART Station Area Specific Plan., and the approved Final Development Plan for the BART Transit Village. 4. Iron Horse Trail Business Relocation Program: Funds to cover relocation expenses of a business necessary to install the Iron Horse Trail between Hookston and Mayhew. 5. Iron Horse Trail Overcrossing Construction: Funds to undertake engineering, design, and construction of Iron Horse Trail pedestrian/bicycle overcrossings of Treat Boulevard. 6. Coggins Crosswalk. Funds to undertake engineering, design, and construction of a mid-block crossing of Coggins Drive near Wayside Lane* 7. Placemaking-BART Transit Village: Funds for construction of the placemaking improvements, including parks, plazas, open space and civic uses for the Transit Village project on the BART property. A Construction Agreement was approved providing for this initiative on June 14, 2005. 8, Drainage Improvements: Funds reserved for area wide flood control and drainage needs. 9. Additional Alternative Access Improvements: Capital improvements to enhance alternative mode (pedestrian, bicycle, car sharing, transit) access to the Station Area. Funding for the David/Minert Shortcut Path and eLocker program at BART are current projects. 10. California PATH Project: Funds to match Bay Area Air Quality Management District funding provided to the UC Berkeley Institute for Transportation Studies to evaluate the potential for alternative fuel source technology, including automotive hydrogen fuel cell technology, distributed power generation, and linked strategies to alternative mode technologies. 11. Property Holding Costs: Special assessments, special taxes, and property maintenance on Agency held property. 12. Unallocated Capital Funds: Capital Projects funds reserved for future designation. 13. Walden Green Phase 11 Construction: Further development of Walden Green on Iron Horse Corridor between Mayhew Road and the Coggins turn. 14. Street Enhancements: Capital costs to upgrade signage, crossings, and landscape replacement. 15. Child Care Facility Fund: County child care program funds available for child care facility construction and/or expansion. 16. Marketing Program: Preparation of a marketing plan and collateral materials to enhance the image of and to stimulate economic development activities at Contra Costa Centre. 17. Park Regency Financial Assistance: Contractually obligated payment to Park Regency owner for affordable housing. 18. BRIDGE Housing Financial Assistance: Contractually obligated payment to Coggins Square for affordable housing. 19. BART Property Housing Assistance: Funds to facilitate the delivery of affordable housing as part of the BART Transit Village development. A Financial Assistance Agreement was approved by the Redevelopment Agency on June 14,2005. &:\CDBG-REDEV\redev\Budget\PHBARTProjectdescription.indebtedness.doc 20. Pre-Development-1 250 Las Juntas Way: Pre-development expenses related to identification of a development type, developer, and plan of finance for conversion of this Agency owned property to a residential use with an affordable housing component. 21. Housing Development Funds: Housing funds reserved for future designation. 22. Transit Village Town Architect: Architect/Urban Design professional to assure implementation of BART property development project in accordance with approved Preliminary and Final Development Plan. 23. Transit Village Financial/Technical Consultants: Economic, real estate, construction, and legal consulting costs associated with perfecting and implementing Agreements with BART and the BART Transit Village developer. 24. AB 1290 Implementation Plan Preparation: Consultant costs to update the Agency's AB 1290 Implementation Plan. 25. Administration: Salaries, services, supplies, and equipment in support of project implementation. PROJECTS WITH ENCUMBERED REVENUES 1. Transit Village Associates: Engineering and cost design costs for BART replacement parking garage; 2. Public Works- Iron Horse Trail Overcrossing: Final engineering&design; 3. Opticos Design: Transit Village Town Architect; and 4. A.D. Kotin: Transit Village Financial Consultant. C. INDEBTEDNESS- PLEASANT HILL BART STATION AREA As of June 30, 2005, the Agency has approximately $154.1 million in debt. The major elements of Agency debt for the Pleasant Hill BART Station Area are: • $104.2 million in principal and interest due on Tax Allocation Bonds issued in 1999 and 2003. • $30.8 million Low and Moderate Income Housing. • $4.9 million in contractually obligated fiscal agreements, including ERAF • $0.5 million in contractual obligations for infrastructure improvements. • $8.9 million obligation for housing assistance payments. • $3.5 million for County loans for housing site acquisition. G:\CDB6-REDEV\redev\Budget\PHBARTPro jectdescription.indebtedness.doc 11 NORTH RICHMOND REDEVELOPMENT PROJECT AREA A. Revenues/Expenses FY 05106 Revenues and proposed expenditures are as shown: (Amended and Restated-12/20/05) Tax Increments Bond Proceeds Other Gaut,al Funds Housing Funds CaDital Fu Housing Funds Revenue Payments to Other Agencies $179000 Property Tax Admin Charge $2047000 Fiscal Agreements/33676 Payments $2049000 $1192000 ERAF Debt Service Bonded Indebtedness $5309000 $989000 $6289000 Capital Projects $2609000 $2609000 Third Street Enhancements Phase 11 $1009913 i $1069025 Truck Route Planning $59112 $209000 Curb Ramps $209000 $192189692 $196819127 Unallocated Capital Funds Community Improvement Programs $79000 Abatement Attorney-County Counsel $79000 $259000 Abatement Revolving Loan Fund $259000 $209000 Community Improvement Project $209000 $80X0 Resident Deputy $809000 $10,000 Tool Lending Bank $109000 $2,500 Property Holding Expenses $29500 Economic Development Activities $2009000 $5009000 Palecek Financial Assistance $3009000 $3,0009000 $39000,000 Industrial Area Drainage/infrastructure $909000 f Ig $909000 Retail Initiative Housing Projects/Programs $850365 $4559000 Site Acquisition-Infill(CHDC) $3699635 $509000 Youthbuild Advance $509000 Youthbuild Program $1,023,589 e $19023,589 $209000 $209000 Las Deltas Feasibility $2509000 $2509000 Housing Rehabilitation $192169888 $19410,235 Housing Development Fund Planning Activities $329155 f $57,155 Indian Gaming Consultant $259000 $109000 AB 1290 Implementation Plan $1090W Administration $390,000 $390,000 TOTALS $292279047 a $9809982 b $4,678,692 c $1,302,253 c $1,246,657 $1094359631 d a: Capital Funds include Annual Increment Fund Balance $7279705 Interest earnings $229050 TOTAL $2,2279047 b: Housing Funds include Annual Increment Fund Balance $6019944 Interest earnings $99713 TOTAL $9809982 c: Bond Proceeds Capital Project Proceeds $496789692 Housing Project Proceeds $1,302,253 Total $599809945 d: Additional encumbrances available for expenditure,but not listed in the budget are: Bond Bond Other Capital Funds Housing Funds Capital Funds Housing Funds Revenue T TAL EPS $649877 $649877 Third Street Enhancements $529310 $529310 CHDC First Time Homebuyer $209083 $209083 Total Encumbered $0 $0 $1172187 $20p083 $0 $137,270 e: Youthbuild Grant from U.S.Department of Housing and Urban Development f: $51,000 Contra Costa County funds g. $39,000 costs to be reimbursed by the tenant over a five year period h: Revenue from loan payoff i. Cal/Trans EJ Grant I PROJECT DESCRIPTION: NORTH RICHMOND 1, Payments to Other Agencies.: Pass-thru payments to Taxing Agencies pursuant to approved Fiscal Agreements; payments to taxing agencies pursuant to Section 33676 of Health and Safety Code; charges of the County Auditor-Controller for property tax administration; and revenue diverted to the State Education Relief Augmentation Fund (ERAF). 2. Transportation Enhancements—Completion of Phase II: Road, pedestrian 0 3`� Street and streetscape improvements to (from Grove Avenue to Wildcat Creek). Funds are being combined with MTC and CDBG funds. 3. Truck Route Alternative Planning: Funds to complete the alternative route for truck traffic without using residential streets. Planning process involves coordination with the City of San Pablo. 4. Curb Ramps: Funds to install curb ramps throughout the community and to comply with the American Disabilities Act. 5, Unallocated Capital Funds: Capital funds reserved for future designation including, but not limited to, drainage improvements North of Parr Boulevard, roadway overlays, widening and reconstruction improvements, Market Avenue pedestrian over crossing, 7t'' street extension, and 3'd Street Goodrick realignment. 6. Abatement Attorney—County Counsel: Apro-rata share of County Counsel so *so expenses for an attorney devoted solely to code enforcement activities. 7. Abatement/Revolving--Loan Fund: Revolving funds for abatement of structures which pose health and safety standards. Money may be combined with other funds to facilitate structural enhancements. 8. Community/COMET Improvement Program: Funds to continue supporting various community improvement projects, clean-ups, abatement activities, anti-blight and ongoing COMET Group (County/City Operational Management Expert Team) with the city of Richmond. These funds will also be used for select community improvement projects recommended by members of the North Richmond MAC. 9. Resident Deputy: Funds to reinstate the Resident Deputy Position exclusively I for the North Richmond community, This Position will enhance law enforcement activities in and around the issues of illegal dumping, graffiti abatement and the surveillance of private development sites. 10. Tool Lending Bank: Funds to support the North Richmond Beautification Committee's program to allow local residents the opportunity to use garden tools for landscaping projects to improve their properties. 11. Property Holding Expenses: Maintenance of Agency owned properties. 12. Palecek Assistance: Construction grant to assist with the construction and renovation of manufacturing and related facilities at 601 Parr Boulevard. These funds will enable Palecek to relocate its furniture manufacturing, warehousing, and distribution business to the property, thereby generating significant employment opportunities in the Project area. 13, Industrial Area Drainage/infrastructure: Funds to initiate a comprehensive 0 infrastructure improvement plan for the entire industrial area North of Wildcat Creek. Agency money will leveraged, and/or combined with funds from property/business owners, other federal agencies, and the City of Richmond following a planning and community outreach phase regarding alternative methods of financing-the required improvements. 14. Retail Initiative: Development funds for construction of storefront retail space for the North Richmond Mini-Market and Deli 6:\CDBG-REbEV\redev\Budget\NP-Projectdescription.indebtedness.05.06.doc 15. In-Fill —Site Acquisition: CHDC will use these funds for property acquisition to facilitate a new affordable housing project. CHDC will work with the community to determine a preferred project site for the use of funds. Agency funds will also be used to leverage other available federal, state and grant funds. 16.Youthbuild Advance: Revolving loan fund for CHDC so they can cover program administrative costs.The HUD grant only reimburses for such expenses (takes upwards of 45 days). CHDC lacks the financial reserves and would be required to access loan funds that is more costly and will delay payments. The Agency funds will be fully reimbursed by the HUD grant funds 17. NR Youthbuild: Funds for ongoing support of the pre-apprentice partnership OWWOM between CHDC, County Housing Authority, and Redevelopment. Youthbuild works with young adults ages 1 6-24 to provide educational classes, GED's, and hands on training in the construction field. 18. Las Deltas Feasibility: Funds to support the County Housing Authorities s ON feasitmity study and revitalization plan for the 224-unit Las Deltas Public Housing Development. 19.Housing Rehabilitation: Housing funds to develop and implement a program to rehabilitate existing housing in North Richmond for low and moderate income households 20.Housing-Development Fund: Housing Funds reserved for additional site acquisition and/or predevelopment funds for funded projects, or scattered site property acquisition/housing rehabilitation. Projects under consideration include, among others: Chesley Avenue Townhomes Project, K13 Homes Project, Signature Properties Development, Las Deltas Feasibility Study, and Tax Defaulted Property Acquisition. 21. Indian GamingConsultant: Funds to offset costs associated with future analysis, specialized consultants, and preparation for various Indian Casino proposals, including among otherse. Scott Vallley Band of Porno Indians 22. AB 1290 Implementation Plan Preparation: Consultant costs to update the Agency's AB 1290 Implementation Plan. 23.Administration: Salaries, services, supplies and equipment in support of project implementation 24. Bonded Indebtedness: Principal and interest due on outstanding bonded indebtedness PROJECTS WITH ENCUMBERED FUNDS: 1. EPS: Consultant for Industrial Area Drainage/infrastructure Program 2, First Time Homebuyers/203k Program: 3. Third Street Enhancements: Improvements to 3rd Street C. INDEBTEDNESS - NORTH RICHMOND The Agency has incurred approximately $26.9 million in debt as of June 30, 2005. The major elements include: 0 $18.4 million in principal and interest due on Tax Allocation Bonds issued in 1995, 1999, and 2003. 0 Approximately $1.6 million to the County for advances from the County Affordable Housing Trust Fund. • $0.3 contracted obligations with the County for road and "drainage improvements. • $5.5 million in Low and Moderate Income Housing Fund obligations. &:\CbBG-kEbEV\redev\Bud!get\NRProjectdescription.indebtedness.05.06.doc III BAY POINT REDEVELOPMENT PROJECT AREA A. Revenues/Expenses FY 05106 Revenues and proposed expenditures are as shown: (Amended and Restated-12/20/05 Tax Increments Bond Proceeds Other Cal2ftal Funds Housing Funds Ca Housing Funds Revenue Capital Funds Payments to Other Agencies $249000 Property Tax Admin Charge $190059000 Fiscal Agreements/33676 Payments $2040000 ERAF Debt Service Bonded Indebtedness $790,000 $225t000 $190159000 Capital Projects $979862 $777v336 $8759198 Unallocated Capital Funds $809000 No.Broadway- Phase III house move $325vOOO $3259000 PCH/Pacifica Intersection Imp. $20090M $2009000 E.Willow Pass Road Improvements $193759000 BART Specific Plan Implementation $1 OP000 Bay Point/Pitts BART SAP $1090W Community Improvement Programs $109000 Abatement Attorney-County Counsel $109000 $39000 Qum ter Grants $3,000 $109000 Community Group Funding Program $109000 $109000 Property Holding Costs $109000 $39000 Willow Pass Road Urban Design Impvts=Banners $30000 $109000 Willow Pass Road Urban Design Impvts-Gen Services $109000 $209000 Family Preservation Program $209000 $4000 Newsletter $49000 9 Housing Projects/Programs $259000 $259000 Site Aquisition-Habitat $759000 $759000 BiBett Pre-Development $562742 $9279805 Housing Development , Fund $25j000 Homebuyer Resale Transaction Costs $259000 $2OOyOOO $3009000 BART Area Housing Development $1009000 Planning Activities $250v000 Marina/Waterfront GPA-SAP $109000 AB 1290 Implementation Plan $109000 $300 Bay Point P-1 Rezoning Program $300 Administration $4259000 $425j000 TOTALS $403419162 a $8159063 b $1,302,336 c $762,742 c $0 $792219303 d a: Capital Funds include Annual Increment Fund Balance $1,5079526 Interest earnings $38,004 land sale proceeds $150. TOTAL $49341,162 b: Housing Funds include Annual Increment Fund Balance $1469405 Interest earnings TOTAL $8159063 c: Bond Proceeds Capital Project Proceeds $19302,336 Housing Project Proceeds $7629742 Total $290659078 d: Additional encumbrances available for expenditure,but not listed in the budget are: Bond Bond Other CaDital Funds Hou si Funds Capital Funds Housina Fu RevenueTQC L North Broadway Phase 111 $3649488 $364,488 OBG-North Broadway Phase IV $287,271 $2879271 RCD-North Broadway Phase IV $259725 $300550 $569275 PCH Flood Control $2009000 $200,000 Habitat-Land Acquisition $300v000 $3009000 Day Care-RCD $27,641 e $279641 Siefel-RFP Orbisonia Heights $109849 $100849 ESA-Waterfront EIR $1000000 $100,000 Total Encumbered $110,849 $3259725 $8510759 $30,550 $270641 $193460524 e: EHS funds f: Net transaction proceeds from the sale of real estate B. PROJECT DESCRIPTION: BAY POINT 1 Payments to Other Agencies: Pass-thru payments to taxing agencies pursuant to approved Fiscal Agreements; payments to taxing agencies pursuant to Section 33676 of Health and Safety Code;charges of the County Auditor-Controller for property tax administration; and revenue diverted to State Education Relief Augmentation Fund (ERAF). 2. Bonded Indebtedness: Principal and interest due on outstanding bonded indebtedness, including an allocation to fund debt service reserve for new bonds issued in FY 03/04. 3. Unallocated Capital Funds: Capital project funds reserved for future designation. 4. North Broadway Phase III-House Move: Funds used to construct foundation, connect utilities, and clear easements for a house relocated to County-owned property as part of the infrastructure project. The house will be offered for sale when complete. 5. Port Chicago Highway/Pacifica Avenue Intersection Improvements involves intersection improvements to improve circulation and pedestrian access. 6. East Willow Pass Road Improvements involves improvements to the Willow Pass Road, between Bailey Road and the Pittsburg City limits. 7. BART Specific Plan Implementation: Advance acquisition of property in within the Specific Plan area for the purpose of future assemblage. 8. BART Specific Plan Reproduction: Involves final editing and reproduction of the BART Specific Plan following the adoption by the City of Pittsburg. 9. Abatement Attorney — County Counsel: A pro-rata share of County Counsel expenses for an attorney devoted solely to code enforcement activities. 10. Dumpster Grants: Redevelopment Agency works with Building Inspection Department Community to identify properties which may benefit from the use of a dumpster. The program is designed as a revolving loan for those using it, but may be a grant for those meeting income and other requirements, 11. 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. 12. Property Holding Costs: Property maintenance costs including weed abatement, clean up,taxes, etc. 13. Willow Pass Road Urban Design Improvements: Funds for the installation and rotation of banners, and other enhancements for Willow Pass Road. 14. 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 De' partment's Family Support Fund and will be used to pay for rent. 15. Newsletter: Shared cost for the publication and mail-out of a quarterly newsletter. 16. Site Acquisition-Habitat: Funds to assist Habitat For Humanity to acquire real property for affordable housing project(s). 17. BiBett Pre-Development: Funds to cover predevelopment costs associated with the relocation of the BiBett Treatment Facility, currently locating in the Orbisonia Heights Neighborhood of Bay Point to an Agency owned property within Pittsburg/Bay Point BART Station Area Specific Plan. 1 8. Housing Development Funds: Housing Funds reserved for additional site acquisition and/or predevelopment funds for funded projects, or scattered site property acquisition/housing rehabilitation. 19. Homebuyer Resale Transaction Costs: Costs associated with the resale of restricted affordable homes in Bay Point. 6:\COB&-RE0EV\mdev\Budget\BPProjectdescription.i ndebtedness05.06.doc 20. BART Area Housing: Fund for housing development associated with implementation of the Pittsburg/Bay Point BART Station Area Specific Plan. 21. Marina/Waterfront Development: Implementation of the Final Concept Plan associated with the Bay Point Waterfront Strategic Plan, including the General Plan Study. 22. AB 1290 Implementation Plan: Consultant costs to update the Agency's AB1290 Implementation Plan. 23. Bay Point P-1 Rezoning Project: Reproduction of the Bay Point Planned-Unit Development Program booklets. 24. Administration: Salaries, services, supplies, and equipment in support of project implementation. PROJECTS WITH ENCUMBERED REVENUES 1 North Broadway Improvements-Phase III: Funds encumbered to pay for the design and right-of-way acquisition Phase III of the North Broadway Infrastructure P 2. OBG-North Broadway Phase IV construction: Costs associated with the -construction of North Broadway Phase IV improvements. 3. North Broadway Development Costs.- RCD: Costs related to the development of affordable housing property on a major holding in the North Broadway Area, including environmental assessment studies, appraisal,soils study, engineering tests, survey, right-of-way acquisition and relocation costs. 4. Port Chicago Highway Flood Control Improvements: Project.includes replacing the existing culvert at Anchor Drive and Port Chicago Highway and transition improvements upstream and downstream of the culvert. 5. Habitat Site Acquisition: Funds used toward the acquisition of a site on Inglewood Street for the future construction of affordable single-family homes. 6. Bay Point Day Care: Under an inter-agency agreement with the County Employment and Human Services Department, the Redevelopment Agency will assist in increasing the availability of childcare facilities in the Bay Point area. 7. Siefel—RFP Orbisonia Heights: Costs associated with the drafting of an RFP for Development Zone 2 of the Pittsburg/Bay Point BART Station Area Specific Plan. 8. ESA Waterfront- Costs associated with the preparation of first phase of the Environmental Impact Report for the Waterfront General Plan Amendment. C. INDEBTEDNESS- BAY POINT The Agency has incurred approximately $50.9 million in debt as of June 30, 2005, including: • $28.8 million in principal and interest on Tax Allocation Bonds issued in 1995, 1999, and 2003. • $10,2 million Low and Moderate Income Housing Funds. • $10,0 million contractual obligation pursuant to fiscal agreements, including ERAF • $0.9 million in contractual obligation for infrastructure improvements 6:\COB&-REbEV\redev\Budget\BPProjectdescription.i ndebtedness05.06.doc IV RODEO REDEVELOPMENT PROJECT AREA A. Revenues/Expenses FY 05/06 Revenues and proposed expenditures are as shown: (Amended and Restated-12/20105) Tax Increments Bond Proceeds Other Call to Fundg Housing Funds Capita_!,Funds Housina Funds Revenue TaTAL Payments to Other Agencies $179000 Property Tax Admin Charge $525j000 Fiscal Agreements/33676 Payments ERAF $1189000 Debt Service Bonded Indebtedness $3759000 $1359000 $5109000 Capital Projects $47,368 e $979368 Fa de Improvement Program Loans/Grant $509000 $209000 Fa de Improvement-189/199 Parker $200000 $29800j000 Parker Avenue Property Holding Costs $20,000 $29790 f $229790 Unallocated Capital Funds $1199838 $143,659 Community Improvement Programs $100000 Abatement Attorney-County Counsel $10,000 $159000 Community Preservation Program $159000 $159000 Community Group Funding $15,000 $809000 Economic Development Activities $2909905 h $3909905 Waterfront Predevelopment Assessment $2409000 Waterfront Catalyst $409000 $2009000 $190509000 Town Square Mixed Use $509000 $10000,000 $ Incubator $200000 509000 j $70,000 Housing ProjectalPrograms $9169367 $9169367 Housing Rehabilitation Town Square Housing $190001000 $21046,643 Housing Development Fund $185,384 $1859380 Planning Activities $309000 P-1 Rezoning $30,000 $100000 Design Review/Construction Monitoring $10,000 $509000 Town Square Mixed Use Development $509000 $10,000 AB 1290 Implementation Plan $109000 Administration $3850000 $3859000 $2,0599838 a $1,0989010 b $4,023,821 c $1,185,380 c $1,3919063 $997589112 d a: Capital Funds Include: Annual Increment Fund Balance $5789716 Interest earnings $20, 4 TOTAL $2,059l838 b: Housing Funds Include: Annual Increment Fund Balance $7219957 Interest earnings $10, 71 TOTAL $1,0989010 c. Bond Proceeds: Capital Project Proceeds $4,023,821 Housing Project Proceeds $1,1859380 TOTAL $59209j201 d: Additional encumbrances available for expenditure,but not listed in the budget are: Bond Bond Other Capital Funds Housing Funds Cagital Funds Housing Funds Revenue T TAL CCC PW-Parker Ave $1,011,268 $110119268 Reserved-Landscaping Funds $59019 $59019 Ninyo&Moore $159544 $159544 Urban Financial Services $149177 $149177 Opticos Design-Fagade Improvement Proc $15,860 $159860 Chamber of Commerce $3,609 $39609 Michelle Moralas $59000 $59000 YADA $3,000 $3;000 West CCC BDC $10,000 $109000 Opticos Design-189/199 Parker $29352 $29352 Total Encumbered $74,561 $0 $100119268 $0 $0 $19061,868 e: Fagade Improvement Program Revenue RDA Funds on deposit with Mech Bank $23,717 Fagade Rebates-CDBG program $239651 TOTAL $479368 f: Rental/lease revenue for 189 Parker Ave g: Mixed Use Project Additional Funds Loan from Contra Costa County $190009000 Return to Source funds $0 TOTAL $1,000,000 h: Predevelopment Assessment Funds EPA Assessment Grant(1 st Grant-remainng funds) $90,905 EPA Assessment Grant(2nd Grant) $2009000 TOTAL $2909905 i: Loan by the RDA to be repaid by Public Works over two years; (Includes$300,000,5-yr.loan to Pinole for sewer line work) j: County funds via Contra Costa Economic Partnership G:\CDBG-REDEV\redev\Budget\S&U-Rodeo.FY06 Be PROJECT DESCRIPTION: RODEO, 1. Payments To Other Agencies: Pass-through payments to taxing agencies pursuant to approved Fiscal Agreements; payments to taxing agencies pursuant to Section 33676 Health & Safety Code; charges by the County Auditor-Controller; and revenue diverted to the State Education Relief Augmentation Fund (ERAF). 2. Bonded Indebtedness: Payments on bonded indebtedness incurred by the Rodeo Redevelopment Project. 3. Facade Rehabilitation Rebates/Loans: Financial assistance to downtown business and property owners for facade improvements. 4. Facade Improvement- 189/199 Parker: Funds to further improve facade of 189/199 Parker Avenue in the downtown area(i.e., addition of awnings, bulletin board, etc.). 5. Parker Avenue Improvements: Funds for design/construction engineering for Parker Avenue improvements as specified in the Downtown/Waterfront Specific Plan, and to construct the project. $2.5 million in bond proceeds are encumbered for a loan to Public Works for project implementation, with repayment to the Agency within two years. 6. Property Holding Costs: Property maintenance costs for 189/199 Parker and the 2.11- acre site on Willow/San Pablo Avenue. 7. Unallocated Capital Funds: Capital Funds reserved for future designation. 8. Abatement Attorney- County Counsel: A pro-rata share of County Counsel expenses for an attorney devoted solely to code enforcement activities. 9. Community Preservation Program: A pilot program to address blight on vacant properties, boarded up properties, and apartment units in disrepair. 10. Community Group Funding Program: A program to provide funds to local nonprofits for volunteer time spent implement community improvement projects. 11. Resident Deputy: Funds to reinstate the Resident Deputy position exclusively for the Rodeo community. This position will enhance law enforcement activities, particularly related to illegal dumping, graffiti, vagrancy, and surveillance of private development sites. Funding will be subject to negotiating terms consistent with legal direction. 12. Waterfront/Marina Predevelopment Assessment: Study and analysis of environmental contamination, marina restoration/maintenance, and financial feasibility for future waterfront revitalization. The assessment process will include extensive community outreach, including a four-issue youth newsletter. 13. Waterfront Catalyst: Funds reserved to help initiate/encourage private investment in the waterfront area. Funds may be designated for studies/reports related to infrastructure improvements, pre-development costs, and/or site preparation costs. 14. Town Square Mixed Use: Funds reserved to study the economic impacts and constraints of a mixed-use project to act as a catalyst for economic development and private investment in the downtown area. Funds may be designated for activities such as market research, or studies/reports related to infrastructure improvements, pre-development costs or site preparation costs. 15. Kitchen Incubator: Start-up funds for a commercial kitchen business incubator in downtown Rodeo, in support of the WCC Business Development Center program. 16. Housing Rehabilitation: Housing funds to develop and implement a program to rehabilitate existing housing in Rodeo for low-and moderate-income households. 17. Town Square Housing: Funds reserved for an affordable housing component to serve low-and/or moderate-income households at the site. 18. Housing Development Fund: Housing funds reserved for site acquisition and/or pre- development costs for funded projects, or property acquisition housing rehabilitation throughout Rodeo. 19. P-1 Rezoning Program: Funds for the preparation/follow-up of an area-wide rezoning of Rodeo to Planned Unit Development (P-1) as recommended in the Rodeo Downtown/Waterfront Specific Plan. &:\CDBG-REDEV\redev\Budget\RodeoProjectdescription.indebtedness.doc 1 1 20. Design Review and Construction Monitoring: Funds reserved to retain Opticos Design for professional design review to ensure contractor compliance with Rodeo's design guidelines and quality control of ongoing construction projects. 21. Town Square Mixed Use Development: Funds reserved to plan and help initiate implementation of a mixed-use project to act as a catalyst for economic development and private investment in the downtown area. 22. AB 1290 Implementation Plan: Consultant costs to update the Agency's AB 1290 Five- Year Implementation Plan. 23. Administration: Salaries, services, supplies, and equipment in support of Agency program and project implementation. PROJECTS WITH ENCUMBERED REVENUES 1. Contra Costa County Public Works: Encumbered funds for a contract to design and implement the Parker Avenue Reconstruction project(see item#5). 2. Opticos Design: Encumbered funds for a contract to plan/design public plaza area landscaping improvements in the Town Square Mixed Use Project. 3. Ninyo and Moore: Encumbered funds for a contract to conduct an environmental assessment, marina study, and financial analysis at the Rodeo Waterfront(see item #11). 4. Urban Financial Services: Encumbered funds for a contract to assist in the promotion and implementation of the Facade Improvement Program (see item#3). 5. Opticos Design: Encumbered funds for a contract to provide ongoing design services for the Facade Improvement Program (see item #3). 6. Rodeo Chamber of Commerce: Encumbered funds for an agreement to provide funding to facilitate community festival improvements to draw people to the Rodeo community. 7. 189/199 Parker Avenue Management: Encumbered funds for part-time salary to Michelle Morales, Property Manager of the Agency-owned property. 8. Youth Activities Development Association (YADA): Encumbered funds for support of producing a newsletter in support of the Rodeo Waterfront Project(see item #11). 9. West Contra Costa Business Development Center (WCCBDC): Encumbered funds for management of the Facade Improvement Program and other economic development programs/projects. 10. Opticos Design: Encumbered funds for a contract to design facade improvements for 189/199 Parker Avenue, as part of the Facade Improvement Program (see item #4). C. INDEBTEDNESS: RODEO, The Agency has incurred approximately$31.1 million in debt as of June 30, 2005 including: • $0.5 million in contractual obligation for EBRPD improvements; • $15.6 million in principal and interest for Tax Allocation Bonds issued in 1999, and 2003. • $6.3 million in Low/Moderate Income Housing Funds; and • $8.5 million contractual obligation pursuant to fiscal agreements. &:\CbBG-kEbEV\redev\Budget\RodeoProjectdescription.indebtedness.doc V MONTALVIN MANOR REDEVELOPMENT PROJECT AREA A. RevenuestExpenses, FY 05/06 Revenues and proposed expenditures are as shown: (Amended and Restated-12/20/05) Tax Increments Bond Proceeds Other Capital Funds Housil2g Funds Capital Funds Housing Funds Revenue TOTAL Payments to Other Agencies Property Tax Admin Charge $39000 Fiscal Agreements/33676 Payments $729000 ERAF $0 $0 Debt Service Bonded Indebtedness $0 Capital Projects Montalvin School Alternate Access $1209000 $1209000 Lighting&Landscape District Establishment $15,000 $159000 SP Ave Bike Path Signage $20,000 e $20,000 Soccer Field/MM Park Improvements $159000 f $1159000 Unallocated Funds $329884 Community Improvement Programs Abatement Attorney-County Counsel $59000 $59000 Community Group Funding Program $109000 $109000 Economic Development Activities Housing Projects/Programs Housing Rehabilitation $819265 Housing Development Fund $279285 Planning Activities AB 1290 Implementation Plan $59000 $59000 Administration $259000 $165,000 d $1909000 TOTALS $3879884 a $1089550 b $0 $0 $2009000 $696,434 c a: Capital Funds include Annual Increment Fund Balance $979920 Interest earnings $,3,_,_840 TOTAL $3879884 b: Housing Funds include Annual Increment Fund Balance $359943 Interest earnings x,1,075 TOTAL $1089550 c: Additional encumbrances available for expenditure,but not listed in the budget are: Bond Bond Other Capital Funds Housing Funds Capital Funds Hog§ing Funds Revenue T TAL PW Bicycle Signage $159000 $159000 Total Encumbered $159000 $0 $0 $0 $0 $15v000 d: Loan from Contra Costa County e. TFCA Funds via WCCTAC(awarded) f-. CDBG funds(awarded) B. PROJECT DESCRIPTION: MONTALVIN MANOR 1. Payments to other Agencies: Pass-thru payments to taxing agencies pursuant to approved Fiscal Agreements; payments to Taxing Agencies pursuant to Section 33676 Health & Safety Code; charges of the County Auditor-Controller, and revenue diverted to State Education Relief Augmentation Fund (ERAF). 2. Bonded Indebtedness: Payments on bonded indebtedness incurred for the Montalvin Redevelopment Project(none incurred to date). 3. Montalvin School Alternate Access: Funds reserved to act as a magnate for additional state/federal grant funds. 4. Lighting & Landscape District Establishment: Funds for the consultant and staff costs related to establishing a new maintenance district for Montalvin Park. 5. SP Ave Bike Path Signage/markings: Revenue received from the West Contra Costa Transportation Advisory Committee to be used for installing bicycle route signage along San*Pablo Avenue between Tara Hills Drive and the Richmond Parkway. There are no obligations or matching funds required. 6. Montalvin Park/soccer field Improvements: Funds reserved to act as a match to a CDBG grant (CDBG grant re-directed from the Gateway Design &Engineering Project) and as a magnate for additional state/federal grant or private foundation funding of improvements to Montalvin Park/soccer field. 7. Unallocated Capital Funds: Capital project funds reserved for future designation. 8. Abatement Attorney- County Counsel: Apro-rata share of County Counsel expenses for an attorney devoted solely to code enforcement activities. 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 Montalvin Manor. 10. Housing Rehabilitation: Housing Funds to develop and implement a program to rehabilitate existing housing in Montalvin Manor for low and- moderate-income households. 11. Housing Development Fund: Housing Funds reserved for future designation. 12. AB 1290 Implementation Plan Preparation: Consultant costs to update the Agency's AB 1290 Implementation Plan. 13. Administration: Salaries, services, supplies, and equipment in support of project implementation. PROJECTS WITH ENCUMBERED REVENUES 1. Public Works Bicycle Signage: Encumbered funds for a contract to install bicycle route signage along San Pablo Avenue between Tara Hills Drive and the Richmond Parkway, CO INDEBTEDNESS: MONTALVIN MANOR The Agency has incurred approximately$670,000 in debt as of June 30,2005 including: 0 Loans from the.County of Contra Costa totaling$265,000; 0 Loan from the Contra Costa County Flood Control District for$25,000; and 0 County Service Agreement and professional service contracts totaling$2109000; 9 Low and Moderate Income Housing Fund obligations of$125,000; and 0 Contractually obligated fiscal agreement of$49,000. &:\CDBG-REDEV\redev\Budget\MMProjectdescription.indebtedness 7.25.05.doc VI EL SOBRANTE REDEVELOPMENT PROJECT AREA A. Revenues/Expenses FY 05/06 Revenues and proposed expenditures are as shown: Tax increments Bond Proceeds Other i W II r FWdS 1!!i[W E h3g EW0 mae Ili Payments to Other Agencies Debt Service $0 Capital Projects Community Improvement Programs Economic Development Activities Housing Projects/Programs Planning Activities General Plan/RDA Plan Adoption $64,387 d $64,387 Administration TOTALS $0 a $0 b $0 $0 $64,387 $64,387 c a: Capital Funds Include Annual Increment $0 Fund Balance $0 Interest earnings $0 TOTAL $0 b: Housing Funds Include Annual Increment $0 Fund Balance $0 Interest earnings $0 TOTAL $0 c: Additional encumbrances available for expenditure,but not listed In the budget are: Band - Ek?nd Other Caaka!F�ds Housing Funds COM F Hcx slog E&A& Revenue Total Encumbered $0 $0 $0 $0 $0 $0 d: Loan from Contra Costa County WORK PROGRAM FOR FISCAL YEAR 2005106 The work program of Contra Costa County Redevelopment -Agency for fiscal year 2005/06 is directed at continuing the implementation of the Pleasant Hill BART Station Area Redevelopment Plan and Specific Plan, and the Redevelopment Plans for North Richmond, Bay Point, Rodeo, and Montalvin Manor. Specific goals,objectives and tasks of the Agency for fiscal year 2005/06 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. Implement recent amendments to the Redevelopment Plan providing for sufficient financial capacity for desired improvements. . D. Negotiate final agreements necessary to achieve feasible development of Areas 11/12(BART property). Goa12: 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 circulation 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, 000 C. Evaluate need for new rights-of-way and, if necessary, pursue acquisition. D. Complete the construction of the Iron Horse Trail/Walden Green in Iron Horse Corridor. E. Complete final design of Iron Horse Trail Overcrossing of Treat Blvd. F Provide for interim use of Agency property to facilitate transit utilization prior to the construction of planned uses on the Iron Horse Corridor. G Initiate final design/construction of the BART patron replacement-parking garage, a condition precedent to developing a Transit Village on the BART property. H. Provide improvements to local circulation to enhance appearance, safety. and access. Goal 4: Continue to evaluate Specific Plan Implementation. A. Continue to develop Transportation Demand Management(TDM) Program, in conjunction with the County TDM Coordinator. 1. Coordinate with Contra Costa Centre Associationfor program development. 2. Coordinate the implementation of TDM with the completion and occupancy of building. B. Implement,with the Contra Costa Centre Association, a Child Care Affordability Program. C. Coordinate implementation of the BART Transit Village consistent with the approved Final Development Plan for the BART Joint Development Property (Areas 11/12). D. Create and implement, in partnership with the Contra Costa Centre Association, a Marketing strategy for the area. G:\CDBG-REDEV\redev\Budget\WorkPrograniAchievement.doc I I I 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, and the BRIDGE Housing Coggins Square Project. B. Undertake property transfers necessary to facilitate the additional development of affordable housing in the area, including: 1. Implementing a plan of finance for the development of the BART Transit Village as a mixed income residential/mixed-use property 2. Implementing a coordinated program with the City of Walnut Creek for determining a development type,developer, plan of finance, and schedule for the Agency owned property at 1250 Las Juntas Way. 11's. 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 County organizations and local service providers to implement an employment training and information dissemination and first source hiring system. F. Undertake directed economic development activities, including direct business attraction using financial assistance, and indirect assistance via financing area wide drainage/infrastructure improvements to facilitate private economic investment. G. Work with County Administrator and other County Department staff to implement an abatement revolving loan fund program for North Richmond. H. Continue to work with non-profit owner to identify tenants for retail center I. Seek to leverage Agency resources by submitting applications for federal/state/local grants. J. Continue to work with the North Richmond Task Force to implement various community programs.' K. Continue to refine the permitting process for developers, businesses, and local property owners with the goal of streamlining and enhancing its predictability., L. Work with the County Administrator and other County departments to evaluate the proposed Indian Gaming facility, and develop community mitigations to build into a State Compact should the proposal go forward. Goal 2: Monitor related public improvements in the Project Area. A. Monitor progress of removing areas in North Richmond from FEMA designated Flood Zones. B. Implement a planning process with community residents and businesses to determine a preferred internal circulation system for truck traffic and safe pedestrian access over the railroad tracks. C. Facilitate public improvements via the Youthbuild Project. G:\CDBG-REDEV\redev\Budget\WorkProgramAchievement.doc 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. B. Continue working with the City of Richmond and private property owners to identify and implement necessary infrastructure improvements to promote economic development activities. C. Initiate the process to determine the level of community/property owner support for a comprehensive plan of finance for needed infrastructure improvements north of Wildcat Creek. The plan of finance may consider local public finance tools (assessment proceedings, special tax districts, etc.),federal &/or state funds, redevelopment funds, and developer fees. The intent is to undertake this assessment-jointly with the City of Richmond. D. Work with the City of San Pablo, City of Richmond, community residents and businesses to finalize predevelopment work and implement the extension of Giant Road for commercial/industrial truck traffic. E. Continue to secure grant funding to expand the streetscape improvements throughout the community. 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 including, but not limited to, a lease-to-own or mutual housing project concepts, and implementation of the Agency's inclusionary housing requirement for new home subdivisions, such as the recently permitted KB Homes subdivision and the proposed Signature Homes project which has a General Plan Amendment pending. B. Facilitate affordable homeownership opportunities through the resale of the Parkway Estates units completed Youthbuild homes,the to be constructed Bella Flora homes (KB Homes),the First Time Homebuyer Program, and the newly created IDA(Individual Deposit Account) Program. C. Continue to work with the Housing Authority to substantially rehabilitate the Las Deltas Housing Development, including the numerous scatter sites and vacant public housing units. F. Support the continued development of Community Housing Development Corporation of North Richmond by providing project based capacity building financial assistance. G. Implement the multi-year Memorandum of Understanding with Community Housing Development Corporation of North Richmond, Local Initiative Support Corporation and other agencies to develop and implement various affordable housing programs. Ilia Bay Point Redevelopment Project Area Goal 1: Implementation of the Bay Point Redevelopment Plan. A. Continue to work with the Project Area Committee in implementing the Plan. B. Monitor and provide support for private development within the Project Area. C. Continue to work with the County Administrator's Office, District V Office, and Building Inspection Department to fund and implement the County's Abatement Revolving Loan Fund for abatement activities in Bay Point. D. Begin implementation of the Pittsburg/Bay Point BART Station Area Specific Plan, Development Zone 2. E. Continue to implement the Community Group Funding Program for neighborhood beautification projects initiated by volunteer groups in Bay Point. This activity will G:\CDBG-REDEV\redev\Budget\WorkProgramAchievement.doc T I i both enhance the physical image of Bay Point, and develop the capacity and financial resources of community groups. F. Implement economic development activities, including a strategic plan for the marina and waterfront area, and monitoring the conditions of approval for a business park(entitlements granted 7/04). G. Continue to work on the Agency's website (ccreach.org) and use is as a tool for providing information to residents, developers and other interested parties. 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 assistance with office space to operate their program in the North Broadway area. Goal 2: Monitor related public improvements in the Project Area. A. Continue planned improvements on Port Chicago Highway from Pacifica Avenue to the McAvoy/Harris Yacht Harbor area. B. Monitor the status of the planned relocation of the Contra Costa Fire District's Station 86(Bay Point). Goal 3: Facilitate infrastructure improvements necessary to-allow construction to begin and to serve existing structures. A. Work on the design and identify funding opportunities of the Delta DeAnza trail gap closure project., B. Explore alternative alignments for improvements to Willow Pass Road, Bailey to Pittsburg City limits. Goa14: Facilitate the development of affordable housing. I A. Work with appropriate non-profit and for-profit organizations in developing affordable housing,and actively participate in development activities where able. B. Continue to work with the non-profit developer (RCD) for the completion of an affordable housing project on property once owned by the Redevelopment Agency in the North Broadway Area. C. Continue to work with the non-profit developer (Habitat) on the acquisition of property and the entitlements for single-family residences on an infill site. IV, 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. Complete the final design of the road and streetscape improvements to Parker Avenue,complete under grounding construction, and initiate reconstruction of Parker Avenue. D. Work with County Service Area R-10 and the East Bay Regional Park District to develop and begin park and recreation plans and programs. I. Evaluate and initiate implementation of projects as specified in the Specific Plan for the downtown and waterfront areas through the use of a Downtown/Waterfront Task Force. J. Complete the Rodeo Waterfront Predevelopment Assessment Program as recommended in the Rodeo Downtown/Waterfront Strategic Planning process. K. Initiate the Rodeo Town Square Mixed Use including a programming study, planning process, and site acquisition/preparation as a downtown catalyst project for downtown revitalization. L Initiate an affordable housing program such as a housing rehabilitation program or an affordable housing component to the town square mixed-use project. G:\CDBG-REDEV\redev\Budget\WorkProgramAchievement.doc F. Continue to implement the Facade Improvement Program. G. Complete the marketing collateral materials terials to market commercial and residential sites in the Rodeo Redevelopment Project Area, and develop marketing tools as specified in the marketing plan. Project includes a land database available via the Internet. H. Complete the area wide rezoning of the Rodeo community to P-1, as provided for in the Rodeo Downtown/Waterfront Specific Plan. V. Montalvin Manor Redevelopment Project Area: Goal 1: Redevelopment Plan Implementation. A. Work with the Redevelopment Advisory Committee to develop along-term strategic plan for achieving Plan goals. B. Work with County Service Area M-17 and the Redevelopment Advisory Committee to develop a sustaining maintenance funding source. Initiate planning/prioritization improvements for Montalvin Manor Park such as bathrooms,functional lighting, shade trees, improved drainage and enhanced soccer field facilities. C. Work with City of Richmond and West Contra Costa Unified School District to improve access to Montalvin Manor Elementary School, including a new access road,and sidewalks along Kay Road., D. Develop a housing rehabilitation program in conjunction with the Building Inspection Department's Neighborhood Preservation Program. E. Continue to implement actions outlined in the Montalvin Manor Pedestrian and Transit Access Improvement Strategy. F. Proactively assist in the development of new commercial and mixed-use projects on vacant/under-utilized properties at Tara Hills and San Pablo Avenue in intersection, including identifying financial assistance tools required to achieve public goals. G. Work with County Department of Public Works to assess drainage issues. H. Work with the Building Inspection Department, Planning Department,and others to implement a proactive Code Enforcement Program and address site development requirements and on-site parking issues particularly with respect to garage conversions and lack of off street parking. V1, Downtown El Sobrante Redevelopment Plan Adoption Goal 1: Complete the General Plan Amendment program and resume Redevelopment Plan adoption process, if appropriate. Goal 2: Begin to formulate a work program and identify revenue sources to pursue plan implementation in early years. EXAMINATION OF ACHIEVEMENTS FOR FISCAL YEAR 2004-05 The Redevelopment Agency, during fiscal year 2004-05, continued to implement its Redevelopment Plans. I. Pleasant Hill BART Redevelopment Project Area A. The Agency completed construction of a temporary BART patron parking lot on RDA owned property. mail B. Property Acquisition—Private Assemblages: The acquisition of property necessary to create developable areas for the commercial uses has been completed. C. Infrastructure Improvements: Final engineering/design was initiated for circulation and alternative mode improvements in the area. Walden Green, a community amenity in the Iron Horse Corridor, was completed. A final design program for the Iron Horse Trail Pedestrian/Bicycle Overcrossing was initiated. A community design program for a connector trail to the neighborhoods east of the Station Area(David/Minert Rd)was initiated. D. Private Development: The Agency worked with private developers to gain building permits or planning approvals, including a) BART property development where the results of the design G:\CDBG-REDEV\redev\Budget\WorkProgramAchievement.doc charrette have been fully incorporated into the County Ordinance by approval of a property rezoning and Final Development Plan; and b)approval of implementing business agreements including a Disposition and Development Agreement, Ground Leases, a Construction Agreement, and a Financial Assistance Agreement. 11. 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. Staff worked with.the proposed developer to secure approval of plans for a major subdivision near the Richmond Parkway(K13 Homes), and began work with a second new home developer(Signature Properties)who has proposed a General Plan Amendment to allow a major subdivision immediately north of Wildcat Creek along the Richmond Parkway. The Agency provided funding and assisted in leveraging federal funds to initiate the First Time Homebuyers and Individual Deposit Account Programs for first time homebuyers. Staff worked with consultants and community members to continue facilitation of the development of a light industrial business incubator. Agency staff worked with several private property owners to plan and implement construction of commercial/industrial development within the employment generating area of the community, B. Infrastructure: The Agency continues to work with appropriate private parties and Public Works staff to identify and move toward implementation of area infrastructure improvements. The Agency completed the initial phase of road and streetscape improvements to 3rd Street and connector roads. Funding for additional phases is being pursued. Agency staff continues to work with City of Richmond staff, other County staff,and private parties to determine appropriate drainage and other infrastructure improvements for the area north of Wildcat Creek. A consultant has been hired to coordinate infrastructure planning, and to develop an area wide plan of finance for infrastructure improvements. Agency staff continues to work with the City of San Pablo staff to extend Giant Road for safer truck traffic circulation. C. General:The Agency continues its involvement in the COMET Program, a joint County/City neighborhood improvement program. Agency staff continues to work with private, nonprofit and other County departments to implement an information system for available programs and services. Agency continues to provide a revolving abatement loan program to remove unsafe structures. Agency staff, in collaboration with the Housing Authority,continues to supervise the Youthbuild Program which provides education and construction skills to youth ex-offenders in the community. Agency staff, in collaboration with the Community Housing Development Corporation and Housing Authority, hired Youthbuild staff and assisted them in implementing the Youthbuild program, M. Economic Development: The Agency continued to assist in implementing First Source Hiring Program working with other County departments and local service providers. The Agency worked with other County departments and community members to create a Comprehensive Economic Development Strategy necessary to access Economic Development Administration funding.The Agency submitted an Economic Development Administration grant to construct a machining and tooling business incubator in North Richmond to create economic development and employment opportunities. The Agency worked with non-profit developers to construct and identify tenants for the commercial/retail development in connection with the senior housing project. The Agency continues to work with the Federal Deposit Insurance Corporation (FDIC) and CHDC to offer tax return assistance to North Richmond residents under the VITA(Volunteer Income Tax Assistance) Program. ill. Bay Point Redevelopment Project Area A. Development: Agency staff continued to work with non-profit and private developers interested in affordable housing development throughout the Project Area. Staff monitored the completion of 69 single-family residential units on an infill site. Staff worked with a property owner to obtain entitlements for a-light-industrial business park. Agency staff continues to work with the County on the disposition of publicly owned property recently changed to commercial designation. B. Infrastructure: The Agency worked on the final construction of Phases Ill and IV of the North Broadway Infrastructure program. Staff continues to work on the Port Chicago Highway widening/Bike Lane project and has initiated the design of the gap closure in the Delta DeAnza Regional Trail through Bay Point. C. Economic Development: Staff worked on the entitlements for alight-industrial business park. Staff continues to make marketing information available on the Agency's website (ccreach.org). Staff continued to work with project applicants to facilitate review of land use proposals. Staff has been working with the newly established Bay Point Chamber of Commerce. D. General: Agency staff continues to administer 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. G:\CDBG-REDEV\redev\Budget\WorkProgramAchievement.doc IV. 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. B. Infrastructure: The Redevelopment Agency continues to work with Public Works on the design and implementation for the Parker Avenue under grounding and reconstruction. The construction for the under grounding portion of the project was initiated, C. Economic Development: Agency staff continues to implement the commercial Facade Improvement Program. Staff completed collateral materials to enhance image of, and to stimulate economic development activities in Rodeo. A major effort to attract siting of residential and commercial development through the establishment of an Internet based land database of available properties. D. General: The Agency initiated a Predevelopment Assessment at the Rodeo Waterfront including a Brownfield environmental site assessment, a marina study, and a financial analysis. The Agency continues to work with the East Bay Regional Park District for future implementation. V. Montalvin Manor Redevelopment Project Area A. Established and trained a Redevelopment Advisory Committee which currently meets monthly,. B. Completed the Montalvin Manor Pedestrian and Transit Access Improvement Strategy. C. Applied to MTC—Transportation for Livable Communities Capital Project Funding. D. Applied to Safe Routes to School Program to fund an alternate access to Montalvin Manor Elementary. E. Created the Community Group Funding Program which funds capital improvement projects conducted by volunteers from local community groups. VI El Sobrante Redevelopment Plan Adoption A. Suspended the Redevelopment Plan adoption proceedings in order to achieve a community consensus on land use policy, B. Completed the Downtown El Sobrante and Appian Corridor Design Charrette, and began the process of integrating the outcomes into a General Plan Amendment that is to be processed in FY 05/06 G:\CDBG-REDEV\redev\Budget\WorkProgramAchievement.doc