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HomeMy WebLinkAboutMINUTES - 11142006 - C.171 . L �ti: .oma Contra Costa County co TO: REDEVELOPMENT AGENCY COU FROM: John Cullen Executive Director DATE: November 14, 2006 SUBJECT: FY 2006/07 Redevelopment Agency Budget SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATIONS J ADOPT the attached annual Redevelopment Agency budget for fiscal year 2006/07 in compliance with California Community Redevelopment Law. FISCAL IMPACT This budget provides for no General Fund subvention of the Agency (see below). BACKGROUND/REASONS FOR RECOMMENDATIONS 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 2006/07. This budget has been reviewed by local Project Area Coe , and Municipal Advisory Councils, as applicable. CONTINUED ON ATTACHMENT: X YES SIGNATURE: ,,RECOMMENDATION OF EXECUTIVE DIRECTOR R COMMEND TION OF ANCY COMMITTEE ;APPROVE OTHER SIGNATURE(S): r ACTION OF GENCY ON, 3�ili/� r.(,APPROVED AS RECOMMENDED OTH VOTE OF COMMISSIONERS 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 ON THE DATE SHOWN. Contact: Jim Kennedy 335-7225 ATTESTED �' cc: Community Development JOHN CULLEN, AGENCY SECRETARY Redevelopment Agency County Counsel CAO BY -DEPUTY Auditor-Controller i G:\CDBG-REDEV\redev\Budget\RDAbudgetboardorder.doc The total 2006/07Budget for the Contra Costa County Redevelopment Agency is approximately$100 million. Revenue sources include: Revenue Sources $18,288,297, 18% $28,167,239, 28% ❑Annual Tax Increments ■ Bonds $53,709,000, 54% ❑ Other General uses of funds include: Project Type $2,055,000, 2% ❑ Payments to Other $482,576, 0% $2,336,000, 2% Agencies ■ Debt Repayment $10,495,949, 11% $6,051,000, 6% ❑ Capital Improvements $4,312,11394% ❑ Community Enhancement Programs $2,158,821, 2% ■ ED Projects ❑ Housing Projects ® Planning Studies $72,273,077, ❑ Administration 73% The Redevelopment Agency has five Redevelopment Plans. Revenues are as follows: Redevelopment Project Areas $1,049,336, 1% $12,381,112, 12%- $8,883,746, 9% ■Contra Costa Centre ® s North Richmond ■Bay Point $11,590,141, 12% ❑Rodeo $66,260,201, 66% ❑MontahAn Manor The Redevelopment Agency is undertaking over seventy-five budgeted projects, while utilizing only 2.1% of revenues for administration. Multiple revenue sources are utilized to creatively address redevelopment and community requirements. GACDBG-REDEV\redev\Budget\Pie Chart.doc CONTRA COSTA COUNTY REDEVELOPMENT AGENCY BUDGET AND WORK PROGRAM FOR FISCAL YEAR 2006/07 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; e A work program for the coming year, including goals; and • An examination of the previous year's achievements. G:\CDB&-REDEV\redev\Budget\budgeti ntroduction.doc 10/28/06-Final I CONTRA COSTA CENTRE REDEVELOPMENT PROJECT AREA A. Revenues/Expenses FY 06/07 Revenues and proposed expenditures are as shown: Tax Increments Bond Proceeds Specific Plan Other Capital Funds Housina Funds Capital Funds Housina Funds Fees evenue TOTAL Payments to Other Agencies Property Tax Admin Charge $65,000 $65,000 Fiscal Agreements/33676 Payments $270,000 $270,000 Debt Service Bonded Indebtedness $3,630,000 $265,0001 $3,895,000 Capital Projects Iron Horse Trail Business Relocation $700,000 $700.000 Iron Horse T rail Overcrossing Construction $420,000 $490,000 $3,300,000 $2,090,000 g,j $6.300,000 Placemaking-BART Transit Village $8,000,000 $1,000,000 j $9,000,000 Additional Alternate Access Improvements $125,000 $600,000 j $725,000 California PATH Project $25,000 $25,000 Property Holding Costs $25,000 $25,000 Unallocated Capital Funds $152,661 $413,121 $315,899 $881,681 Community Improvement Programs Walden Green Phase I Upgrades $25,000 $25,000 Walden Green Phase II Construction $500,000 $750,000 h,j $1,250,000 Street Enhancements $25,000 $25,000 Child Care Facility Fund $547,496 a $547,496 Economic Development Activities Marketing Program $20,000 $20,000 Housing Projects/Programs Perk Regency Financial Assistance $550,000 $550,000 BRIDGE Housing Financial Assistance $100,000 $100,000 BART Property Financial Assistance $2,400,000 $2,400,000 Pre-Development-1250 Las Juntas Way $50,000 $50,000 Housing Development Fund $17,043 $17,043 Planning Activities Transit Village Town Architect $15,000 $15,000 Transit Village Firtanclal/Technical Consultants $50,000 $50,000 Administration $550,000 $550,000 TOTALS $5,397,661 a $3,117,043 b $9,403,121 $0 $4,315,899 f $5,252,496 $27,486,220 d a: Capital Funds include Annual Increment $4,748,462 Fund Balance $595,757 Interest earnings $53,442 TOTAL $5,397,661 b: Housing Funds include Annual Increment $1,187,116 Fund Balance $1,899,065 Interest earnings $30.862 TOTAL $3,117,043 c: Bond Proceeds Capital Project Proceeds $38,939,624 Housing Project Proceeds $0 Total $38,939,624 d: Additional encumbrances available for expenditure,but not listed in the budget are: Bond Bond Specific Plan other Capital Funds Housing Funds Capital Funds Houslno Funds fees Revenue TOTAL Transit Village Assoc-parking garage $3,950,000 $29,536,503 $1,500,000 $3,300,000 k $38,286,503 PW-Iron Horse Trail Overcrossing $202,787 $202,787 Opticos Design-Town Architect $16,580 $16,580 AD Kotin-Economic Consulting $13,837 $13,837 Harris&Associates-Garage Oversight $139,280 $139,280 Associated R/W-Relocation consultant-Hookston $19,280 $19,280 PW-Coggins Crosswalk $81,157 $81,157 Keyser Marston-Las Juntas Way site consult. $14,557 $14,557 Total Encumbered $4,322,484 $14,557 $29,536,503 $0 $1,600,437 $3,300,000 $38,773,981 e: Child care facilities program funds held by the RDA f: All or part from Pleasant Hill BART Specific Plan fees,which total: County Fee Account $4,015,544 . Mello-Roos Proceeds $1.900.792 $5,916,336 g. Measure C funds--$1,090,000;&TEA 21 25%Funds--$500,000 committed h. County Park Dedication Funds 1. Interest earnings on funds 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 II $500,000 ' BART Station Fagade Improvement $1,000,000 ' ' David/Minert Shortcut Path $600,000 k. Developer contribution in-lieu of Specific Plan fees 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; and charges of the County Auditor-Controller for property tax administration. 2. Bonded Indebtedness: Principal and interest due on outstanding bonded indebtedness 3. 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. 4. Iron Horse Trail Overcrossing Construction: Funds to undertake engineering, design, and construction of Iron Horse Trail pedestrian/bicycle overcrossings of Treat Boulevard. 5. 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. 6. 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. 7. 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. 8. Property Holding Costs: Special assessments, special taxes, and property maintenance on Agency held property. 9. Unallocated Capital Funds: Capital Projects funds reserved for future designation. 10. Walden Green Phase II Construction: Further development of Walden Green on Iron Horse Corridor between Mayhew Road and the Coggins turn. 11. Street Enhancements: Capital costs to upgrade signage, crossings, and landscape replacement. 12. Child Care Facility Fund: County child care program funds available for child care facility construction and/or expansion. 13. 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. 14. Park Regency Financial Assistance: Contractually obligated payment to Park Regency owner for affordable housing. 15. BRIDGE Housing Financial Assistance: Contractually obligated payment to Coggins Square for affordable housing. 16. 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. 17. Pre-Development-1250 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. 18. Housing Development Funds: Housing funds reserved for future designation. 19. 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. G:\CABG-REDEV\redev\Budget\PH8ARTPro jectdescription.indebtedness10.30.06.doc 10/28/2006-Final 11 NORTH RICHMOND REDEVELOPMENT PROJECT AREA A. Revenues/Expenses FY 06/07 Revenues and proposed expenditures are as shown: Tax Increments Bond Proceeds Other Capital Funds Housing Funds Capital Funds Housing Funds Revenue TOTAL Payments to Other Agencies Property Tax Admin Charge $18,000 $18,000 Fiscal Agreements/33676 Payments $217,000 $217,000 Debt Service Bonded Indebtedness $490,000 $141,000 $631,000 Capital Projects Third Street Enhancements Phase II $260,000 $260,000 Truck Route Planning $5,050 $813 $5,863 Curb Ramps $20,000 $20,000 Unallocated Capital Funds $1,352,546 $1,409,337 $2,761,883 Community Improvement Programs Abatement Attorney-County Counsel $10,000 $10,000 Abatement Revolving Loan Fund $25,000 $25,000 Youth Empowerment Project $50,000 $50,000 Resident Deputy $55,000 $55,000 Tool Lending Bank $10,000 $10,000 Property Holding Expenses $2,500 $2,500 Economic Development Activities Industrial Area Drainage/Infrastructure $3,000,000 $3,000,000 Retail Initiative $72,000 f,g $72,000 Housing Projects/Programs Site Acquisition-Infill(CHDC) $364,860 $85,365 $450,225 Youthbuild Advance $50,000 $50,000 Las Deltas Feasibility $20,000 $20,000 Housing Rehabilitation $250,000 $250,000 Housing Development Fund $539,803 $1,258,637 $1,798,440 Planning Activities Indian Gaming Consultant $25,000 $32,155 f $57,155 Administration $430,000 $430,000 TOTALS $2,710,096 a $1,365,663 b $4,669,337 c $1,344,002 c $104,968 $10,194,066 d a: Capital Funds include Annual Increment $1,851,316 Fund Balance $831,947 Interest earnings $26,833 TOTAL $2,710,096 b: Housing Funds include Annual Increment $462,829 Fund Balance $889,313 Interest earnings $13,521 TOTAL $1,365,663 c: Bond Proceeds Capital Project Proceeds $4,921,647 Housing Project Proceeds $1,364,085 Total $6,285,732 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 TOTAL' Palecek $300,000 $200,000 $500,000 EPS $10,212 $10,212 PW-3rd Street Enhancements $52,310 $52,310 Youthbuild Program $700,000 a $700,000 Truck Route Planning $100,100 h $100,100 CHDC Retail Initiative $3,370 $3,370 Quint&Thimmig $10,000 $10,000 CHDC First Time Homebuyer $20,083 $20,083 Total Encumbered $320,212 $0 $252,310 $20,083 $803,470 $1,396,075 e: Youthbuild Grant from U.S.Department of Housing and Urban Development f: Contra Costa County funds g. $39,000 costs to be reimbursed by the tenant over a five year period h. Cal/Trans EJ Grant 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; and charges of the County Auditor-Controller for property tax administration 2. Bonded Indebtedness: Principal and interest due on outstanding bonded indebtedness. 3. Third Street Enhancements—Completion of Phase II: Road, pedestrian and streetscape improvements to 3`d Street (from Grove Avenue to Wildcat Creek). Funds are being combined with MTC and CDBG funds. 4. 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. 5. Curb Ramps: Funds to install curb ramps throughout the community and to comply with the American Disabilities Act. 6. 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, 7`h street extension, and 3`d Street Goodrick realignment. 7. Abatement Attorney— County Counsel: A pro-rata share of County Counsel expenses for an attorney devoted solely to code enforcement activities. 8. 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. 9. Young Adult Empowerment Center: Pilot program to provide young adults with resources in life skills, job development, counseling and employment opportunities. 10. Resident Deputy: Funds to reinstate the Resident Deputy Position exclusively 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. 11. 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. 12. Property Holding Expenses: Maintenance of Agency owned properties. 13. Industrial Area Drainage/Infrastructure: Funds to initiate a comprehensive infrastructure improvement plan for the entire industrial area North of Wildcat Creek. Agency money will be 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 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 G;\CDBG-REDEV\redev\Budget\Wro jectdescription.indebtedness.06.07.doc 10/28/07-Final III BAY POINT REDEVELOPMENT PROJECT AREA A. Revenues/Expenses FY 06/07 Revenues and proposed expenditures are as shown: Tex Increments Bond Proceeds Other Capital Funds Housing Funds Capital Funds Housing Funds Revenue TOTAL Payments to Other Agencies Property Tax Admin Charge $30,000 $30,000 Fiscal Agreements/33676 Payments $1,072,000 $1,072,000 Debt Service Bonded Indebtedness $820,000 $195,000 $1,015,000 Capital Projects Unallocated Capital Funds $288,319 $1,224,324 $1,512,643 No.Broadway- Phase 111 house move $30,000 $30,000 PCH/Pacifica Intersection Imp. $325,000 $325,000 E.Willow Pass Road Improvements $200,000 $200,000 BART Specific Plan Implementation $1,500,000 $1,500,000 BART Specific Plan Implementation-Infrastructure $200,000 $200,000 Community Improvement Programs Abatement Attorney-County Counsel $12,000 $12,000 Dumpster Grants $1,200 $1,200 Community Group Funding Program $5,000 $5,000 Property Holding Costs $15,000 $15,000 Willow Pass Road Urban Design Impvts-Banners $13,500 $13,500 Marketing $20,000 $20,000 Newsletter $4,000 $4,000 Housing Projects/Programs Site Aquisition-Habitat $25,000 $25,000 BiBett Pre-Development $100,000 $100,000 Housing Development Fund - $627,630 $511,009 $1,138,639 Homebuyer Resale Transaction Costs $32,000 $32,000 BART Area Housing Development $500,000 $200,000 $700,000 Planning Activities Marina/Waterfront GPA-SAP $25,000 $25,000 Administration $455,000 $455,000 TOTALS $4,291,019 a $1,479,630 b $1,949,324 c $711,009 c $0 $8,430,982 d a: Capital Funds include Annual Increment $3,550,418 Fund Balance $602,597 Interest earnings $38,004 land sale proceeds $100.000 1 TOTAL $4,291,019 b: Housing Funds include Annual Increment $887,604 Fund Balance $584,776 Interest earnings $7,250 TOTAL $1,479,630 c: Bond Proceeds Capital Project Proceeds $2,149,324 Housing Project Proceeds $711,009 Total $2,860,333 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 TOTAL Trost Jacking $1,000 $1,000 Cannon $3,125 $3,125 PCH Flood Control $200,000 $200,000 Day Care-RCD $29,516 a $29.516 Siefel-RFP Orbisonia Heights $68,326 $68,326 ESA-Waterfront EIR $28,453 $28,453 Ambrose Park District-Anuta Park $122,344 g $122,344 Total Encumbered $100,904 $0 $200,000 $0 $151,860 $452,764 e: EHS funds f: Net transaction proceeds from the sale of real estate g. Workforce Housing Incentive Grant G:CDBG-RED EWredev/budget/S&U-BayPo int.FY06 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; and charges of the County Auditor-Controller for property tax administration. 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 transferred to a non-profit housing developer to further affordable housing opportunities in Bay Point. 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 Implementation-Infrastructure: Involves capital improvements associated with the implementation of the BART Specific Plan. 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. Marketing: Involves update and reproduction of marketing material for Bay Point. 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 develop 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. 18. Housing Development Funds: Housing Funds reserved for additional site acquisition and/or predevelopment funds for funded projects, or scattered site property acquisition, housing rehabilitation, or retention of affordable units. 19. Homebuyer Resale Transaction Costs: Costs associated with the resale of restricted affordable homes in Bay Point. 20. BART Area Housing: Fund for housing development associated with implementation of the Pittsburg/Bay Point BART Station Area Specific Plan. 6:\CD86-REDEV\redev\Budget\8PPro jectdescription.indebtedness06.07.doc 10/28/06-Final IV RODEO REDEVELOPMENT PROJECT AREA A. Revenues/Expenses FY 06/07 Revenues and proposed expenditures are as shown: Tax Increments Bond Proceeds Other Capital Funds Housing Funds Capital Funds Housing Funds Revenue TOTAL Payments to Other Agencies Property Tax Admin Charge $18,000 $18,000 Fiscal Agreements/33676 Payments $560,000 $560,000 Debt Service Bonded Indebtedness $375,000 $135,000 $510,000 Capital Projects Fagade Improvement Program Loans/Grants $8,000 $46,453 a $54,453 Parker Avenue Capitalized Replacement $60.513 $0 i $60,513 Property Holding Costs $30,000 $2,790 f $32,790 Unallocated Capital Funds $511,680 $0 $511,680 Community Improvement Programs Abatement Attorney-County Counsel $10,000 $10,000 Community Preservation Program $15,000 $15,000 Community Group Funding $15,000 $15,000 Economic Development Activities Waterfront Predevelopment Assessment $100,000 $0 g $100,000 Waterfront Catalyst $60,000 $200,000 i $260,000 Town Plaza Mixed Use Development $111,819 $65,650 $177,469 Housing Projects/Programs Housing Rehabilitation $916,367 $500,000 $1,416,367 Housing Development Fund $322,761 $169,746 $492,507 Planning Activities Design Review/Construction Monitoring $10,000 $10,000 Administration $395,000 $395,000 $2,280,012 a $1,439,778 b $0 c $669,746 c $249,243 $4,638,779 d a: Capital Funds Include: Annual Increment $1,787,438 Fund Balance $470,000 Interest earnings $22,574 TOTAL $2,280,012 b: Housing Funds Include: Annual Increment $446,859 Fund Balance $978,664 Interest earnings $14,255 TOTAL $1,439,776 c. Bond Proceeds: Capital Project Proceeds $4,953,565 Housing Project Proceeds $669,746 TOTAL $5,623,311 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 TOTAL CCC PW-Parker Ave $4,953,565 h $2,303,215 i $7,256,780 Reserved-Landscaping Funds $5,243 $5,243 Ninyo 8 Moore $38,949 $106,709 g $145,658 Urban Financial Services $14,177 $14,177 Opticos Design-Fagade Improvement Program $1,353 $1,353 Chamber of Commerce $3,609 $3,609 Michelle Morales $5,000 $5,000 Pinole Sewer Line Relocation $300,000 $300,000 Sign-a-Rema $3,861 $3,861 West CCC BDC $4,300 $4,300 Opticos Design-169/199 Parker $2,352 $2,352 Total Encumbered $378,844 $0 $4,953,565 $0 $2,409,924 $7,742,333 e.Fagade Improvement Program Revenue RDA Funds on deposit with Mach Bank $24,649 Fagade Rebates-CDBG program $21,804 TOTAL $46,453 f: Rental/lease revenue for 189 Parker Ave g.Predevelopment Assessment Funds EPA Assessment Grant(1st Grant-remainng funds) $0 EPA Assessment Grant(2nd Grant) $106.709 TOTAL $106,709 h.Portion of funds to be advanced by the RDA,and to be repaid by Public Works; i. Proceeds from bond issuance in FY 06/07 j. Loan from Contra Costa County funds G:\CDBG-REDEV\redev\Budget\S&U-Rodeo.FY07 B. 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; and charges by the County Auditor-Controller. 2. Bonded Indebtedness: Payments on bonded indebtedness incurred by the Rodeo Redevelopment Project. 3. Facade Improvement Program Loans/Grants: Financial assistance to downtown businesses and property owners for faeade improvements. 4. Property Holding Costs: Property maintenance costs for 189/199 Parker and the 2.11- acre site on Willow/San Pablo Avenue. 5. Unallocated Capital Funds: Capital Funds reserved for future designation. 6. Abatement Attorney- County Counsel: A pro-rata share"of County Counsel expenses for an attorney devoted solely to code enforcement activities. 7. Community Preservation Program: A pilot program to address blight on vacant properties, boarded up properties, and apartment units in disrepair. 8. Community Group Funding Program: A program to provide funds to local nonprofits for volunteer time spent implement community improvement projects. 9. Waterfront/Marina Predevelopment Assessment: Study and analysis of environmental contamination, marina restoration/maintenance, and financial feasibility for future waterfront revitalization. 10. 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. 11. Town Plaza 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. 12. Housing Rehabilitation: Housing funds to develop and implement a program to rehabilitate existing housing in Rodeo for low-and moderate-income households. 13. Housing Development Fund: Housing funds reserved for site acquisition and/or pre- development costs for funded projects, or property acquisition/housing rehabilitation throughout Rodeo. 14. 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. 15. Administration: Salaries, services, supplies, and equipment in support of Agency program and project implementation. PROJECTS WITH ENCUMBERED REVENUES 1. Contra Costa County Public Works—Parker Avenue Improvements: Encumbered 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. 2. Reserved Landscaping Funds: Encumbered funds donated.to the Agency for use in conjunction with the Rodeo Town Plaza project. 3. Ninyo and Moore: Encumbered funds to conduct an environmental assessment, marina study, and financial analysis at the Rodeo Waterfront. 4. Urban Financial Services: Encumbered funds for a contract to assist in the promotion and implementation of the Facade Improvement Program 5. Opticos Design—Fagade Improvement Program: Encumbered funds for a contract to provide ongoing design services for the Facade Improvement Program 6. Rodeo Chamber of Commerce: Encumbered funds to fund community festival improvements to draw people to the Rodeo community. 10/28/06-Final V MONTALVIN MANOR REDEVELOPMENT PROJECT..AREA A. Revenues/Expenses FY 06/07 Revenues and proposed expenditures are as shown: Tax Increments Bond Proceeds Other Capital Funds Housing Funds Capital Funds Housing Funds Revenue TOTAL Payments to Other Agencies Property Tax Admin Charge $3,000 $3,000 Fiscal Agreements/33676 Payments $83,000 $83,000 Debt Service Bonded Indebtedness $0 Capital Projects Montalvin School Alternate Access $5,000 $5,000 Kay Road Improvements-Design/Planning $40,000 $40,000 Soccer Field/MM Park Improvements $250,000 $250,000 Unallocated Funds $118,552 $118,552 Community Improvement Programs Abatement Attorney-County Counsel $5,000 $5,000 Community Group Funding Program $5,000 $5,000 Community Enhancement Initiative $5,000 $5,000 Economic Development Activities Housing Projects/Programs Housing Rehabilitation $140,000 $140,000 Housing Development Fund $31,088 $31,088 Planning Activities Amnesty Program Implementation $25,000 $70,000 f $95,000 Administration $180,000 $45,000 $225,000 TOTALS $694;552 a $241,088 b $0 $0 $70,000 $1,005,640 c a: Capital Funds include Annual Increment $423,808 Fund Balance $263,867 Interest earnings $6,877 TOTAL $694,552 b: Housing Funds include Annual Increment $105,952 Fund Balance $132,749 Interest earnings $2.387 TOTAL $241,088 c: Additional encumbrances available for expenditure,but not listed in the budget are: Bond Bond Other Capital Funds Housina Funds Capital Funds Housing Funds Revenue TOTAL PW Bicycle Signage $15,000 d $15,000 PW Lighting&Landscaping District estab. $13,696 $13,696 Soccer Field Improvements $15,000 a $15,000 Total Encumbered $13,696 $0 $0 $0 $30,000 $43,696 d. TFCA Funds via WCCTAC(awarded). e: CDBG funds(awarded) I. Application fee revenue estimate L' 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: Reserved to match additional state/federal grant funds to create an alternate access for Montalvin Manor Elementary. The Agency may budget additional funds at a later date upon the request from the West Contra Costa Unified School District. 4. Kay Road Improvements — Design/Planning: Funds for costs associated with the installation of sidewalks along Kay Road. 5. 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. 6. Unallocated Capital Funds: Capital project funds reserved for future designation. 7. Abatement Attorney - County Counsel: A pro-rata share of County Counsel expenses for an attorney devoted solely to code enforcement activities. 8. 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. 9. Community Enhancement Initiative: Funds for community enhancement initiatives such as community clean-ups. 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. Amnesty Program Implementation: Staff costs to implement a temporary amnesty program for specific housing code issues in Montalvin Manor. 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. 2. Lighting & Landscape District Establishment: Funds for the consultant and staff costs related to establishing anew maintenance district for Montalvin Park. 3. Soccer Field/MM Park Improvements: CDBG funds for the design and engineering plan(s) for the soccer field/Montalvin Manor Park Improvements C. INDEBTEDNESS: MONTALVIN MANOR The Agency has incurred approximately$1.0 in debt as of June 30, 2006 including: • Loans from the County of Contra Costa totaling $375,000; • Loan from the Contra Costa County Flood Control District for$26,000; and • County Service Agreement and professional service contracts totaling $201,000; • Low and Moderate Income Housing Fund obligations of$206,000; and • Contractually obligated fiscal agreement of$182,000. 6:\CDBG-REDEV\redev\Budget\MMPro jectdescription.indebtedness.06-07.doc WORK PROGRAM FOR FISCAL YEAR 2006/07 The work program of Contra Costa County Redevelopment Agency for fiscal year 2006/07 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 2006/07 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 final agreements necessary to achieve feasible development of Areas 11/12 (BART property). Goal 2: 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. C. Evaluate need for new rights-of-way and, if necessary, pursue acquisition. D. Complete the construction of the Iron Horse TrailMalden 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 Association for 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. Goal 5: Facilitate the Development of Affordable Housing. G:\CDBG-REDEV\redev\Budget\WorkPrograiiiAchievetnent.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 Wor 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, Bella Flora homes (KB Homes), and the to be constructed Signature Properties Homes ( Nove), 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. III. 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 Counsel, District V Office, and Building Inspection Department to address code enforcement and abatement activities in Bay Point. D. Begin implementation of the Pittsburg/Bay Point BART Station Area Specific Plan, Development Zone 2 and a portion of Development Zone 3. E. 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. G:\CDBG-REDEV\redev\Budget\WorkPrograiiiAchieveinent.doc specified in the marketing plan. Project includes a land database available via the Internet. V. Montalvin Manor Redevelopment Project Area: Goal 1: Redevelopment Plan Implementation. A. Work with the Redevelopment Advisory Committee to develop a long-term strategic plan for achieving Plan goals. B. Continue to 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. Continue to work with the Building Inspection Department-Neighborhood Preservation Program staff to develop and implement a housing rehabilitation 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 and Tara Hills Drive intersection, including identifying financial assistance tools required to achieve public goals. G. Work with County Department of Public Works to assess drainage and traffic calming issues: H. Continue to 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. VI. Downtown El Sobrante Redevelopment Plan Adoption Goal 1: Complete the General Plan Amendment program and consider resumption of Redevelopment.Plan adoption process, if appropriate. Goal 2: Begin to formulate a work program and identify revenue sources to pursue plan implementation in the near term. EXAMINATION OF ACHIEVEMENTS FOR FISCAL YEAR 2005-06 The Redevelopment Agency, during fiscal year 2005-06, continued to implement its Redevelopment Plans. I. Pleasant Hill BART Redevelopment Project Area A. The Agency initiated construction of a BART patron parking lot on.RDA owned property. 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 ongoing 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 ongoing. A community design program for a connector trail to the neighborhoods east of the Station Area (David/Minert Rd)was ongoing. D. Private Development: The Agency worked with private developers to gain planning approvals, including a) BART property development where the results of the design 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. Il. North Richmond Redevelopment Project Area G:\CDBG-REDEV\redev\Budget\WorkPrograiiiAchievement.doc 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 implementation of the Parker Avenue reconstruction. The construction for the under grounding portion of the project was completed. C. Economic Development: 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. Agency staff began to work with Current Planning Division and Building Inspection staff on the creation of a Code Enforcement program to address non-permitted construction (i.e. garage conversions, car ports, and pitch roof conversions). B. Completed a community survey to ascertain the prioritization of specific improvements for Montalvin Manor Park and for other general improvements within the Montalvin Manor Redevelopment Project Area. C. Completed initial design plans for future improvements for Montalvin Manor Park. A park design sub-committee was formed that included Agency Staff, Public Works-Special Districts staff, a Redevelopment Advisory Committee member, and a community resident to review the initial design plans. Revisions were suggested and the design consultant is currently creating a revised design plan based on the sub-committee's revisions. D. Agency staff and Public Works-Special Districts staff began working on establishing a new maintenance district that will provide a sustainable funding source for future improvements within Montalvin Manor Park and the Montalvin Manor Redevelopment Project area. The creation of this new district is anticipated by the.second quarter of 2007. E. Agency staff began to work with the Building Inspection-Neighborhood Preservation Program staff to develop a housing rehabilitation program. F. Applied to MTC—Transportation for Livable Communities Capital Project Funding. VI EI Sobrante Redevelopment Plan Adoption A. Suspension of the Redevelopment Plan adoption proceedings continued in order to achieve a community consensus on land use policy. B. Continued the process of and the outcomes of a Downtown EI Sobrante design charrette into a General Plan Amendment that is to be processed in FY 06/07. 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