HomeMy WebLinkAboutMINUTES - 02282006 - C.99 Contra
Costa
County
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TO: REDEVELOPMENT AGENCY/BOARD OF SUPERVISORS
FROM: John Sweeten, Executive Director
. 9
Dennis M. Barry, AICP, Director of Community Development
DATE: February 28, 2006
SUBJECT: Amendment to Design and Construction Agreement, Pleasant Hill Bay Area Rapid Transit
(BART) Improvements
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
APPROVE and AUTHORIZE the Redevelopment Director to execute a First Amendment to
Design and Construction Agreement between Pleasant Hill Transit Village Associates, LLC,
the Bay Area Rapid Transit District, and the Contra Costa County Redevelopment Agency for
the implementation of Pleasant Hill BART Station improvements.
FISCAL IMPACT
None. No General Funds involved. The recommended action will permit improvements to
proceed in a timely fashion, and create a basis for future General Funds revenues to be
received earlier.
CONTINUED ON ATTACHMENT: _X YES SIGNATURE:
_,,Rg-COMMENDATION OF EXECUTIVE DIRECTOR ECOMM DATION OF AGENCY
COMMITTEE APPROVE OTHER
SIGNATURE(S).
ACTION OF AGVFR
Y/ON ---?, O APPROVED AS RECOMMENDED O ER
BD
VOTE OF COMMISSIONERS/SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE REDEVELOPMENT
AGENCY/BOARD ON THE DATE SHOWN.
Contact: Redevelopment Agency I
ATTESTED -/ f
cc: County Administrator JOHN SWEETEN
County Counsel AGENCY SECRETARY AND THE CLERK
Via Redevelopment Agency: OF THE BOARD
• Goldfarb & Lipman
• Millennium Partners
• Avalon Bay Communities
• BART
BY DEPUTY
G:\CDBG-REDEV\redev\LNoble\Personal\Board Orders and Greenies\BOSRDA.2.28.06 pleasant hill bart improvements.doc /
BACKGROUND/REASONS FOR RECOMMENDATIONS
On December 13, 2005, the Redevelopment Agency adopted Resolution 2005/766
approving a Design & Construction Agreement between Pleasant Hill Transit Village
Associates, LLC, (PHTVA), the Bay Area Rapid Transit District (BART) and the Contra
Costa County Redevelopment Agency(Agency). The Design and Construction Agreement
provided for the Agency to finance the construction of various public improvements by
PHTVA, including the BART replacement parking garage. In order to permit a limited
amount of "Initial Work" on the replacement parking garage to proceed in the near term,
prior to execution of a master lease for the property, a First Amendment to the Design and
Construction Agreement is proposed. The First Amendment will allow continued work on
shop drawings, and minor modification to the existing BART parking garage to proceed in
the near term, allowing project schedules to be met.
Since the Agency action of December 14, 2005, the County, the Agency, BART, and the
developer have executed all business agreements and an allocation of tax-exempt multi-
family bond authority to finance the residential rental component of the Transit Village
Project has been secured. The Board of Supervisors will be considering a resolution to
allow the sale of up to$125 Million of bonds on this same February 28, 2006 agenda. The
project in its many forms is progressively moving forward and the proposed First
Amendment to Design & Construction Agreement will allow the progress of the project to
proceed without delays.
G:\CDBG-REDEV\redev\LNoble\Personal\Board Orders and Greenies\BOSRDA.2.28.06 pleasant hill bart
improvements.doc