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HomeMy WebLinkAboutMINUTES - 06221993 - H.6 TO: REDEVELOPMENT AGENCY ;.� Contra Costa FROM: Phil Batchelor County Executive Director r; M `ry I Il)/ DATE: June 22, 1993 SUBJECT: Biennial Public Hearing on the Pleasant Hill BART, North Richmond, West Pittsburg, Oakley, and Rodeo Redevelopment Plans, as Required by Community Redevelopment Law SPECIFIC REQUEST(S) OR RECOMMENDATIONS) & BACKGROUND AND JUSTIFICATION RECOMMENDATIONS Accept the Biennial Report. FISCAL IMPACT None. BACKGROUND/REASONS FOR RECOMMENDATIONS California Redevelopment Law (Section 33348. 5) requires that a Redevelopment Agency conduct a public hearing on a biennial basis to review redevelopment project area plans, evaluate the progress of projects and activities to accomplish redevelopment goals, and hear the testimony of all interested parties. A Biennial Report on the Pleasant Hill BART, North Richmond, West Pittsburg, Oakley and Rodeo Redevelopment Plans has been prepared by staff and is attached as Attachment 1. A public notice of this hearing has been published and posted as required by Redevelopment Law and the report has been available for review. The Agency should take testimony and comments on the Biennial Report and incorporate them into the report if appropriate. The Agency should either accept the report, with or without comments, or direct the report to be returned to the Agency with appropriate changes. CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF EXECUTIVE DIRECTOR RECO E ATION O AGENCY C MMITTEE APPROVE OTHER SIGNATURE(S) : ACTION OF AGENCY ON June 22 , 1993 APPROVED AS RECOMMENDED X OTHER This being the time heretofore noticed for hearing on the above matter, the public hearing was held and no one appeared to testify. Chairman Torlakson noted that a card in opposition had been received from Wendy Malone, P.O. #368 , Rodeo. IT IS BY THE BOARD ORDERED that the above recommendation is APPROVED. VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A X UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON THE ABSENT: ABSTAIN: MINUTES OF THE REDEVELOPMENT AGENCY ON THE DATE SHOWN. Contact: Jim Kennedy 646-4076 ATTESTED June 22 , 1993 cc: Redevelopment Director PHIL BATCHELOR, All Other Distribution AGENCY SECRETARY via Redevelopment si.Wbicruiial.bos BY , DEPUTY ATTACHMENT 1 CONTRA COSTA COUNTY REDEVELOPMENT AGENCY BIENNIAL REPORT 1993 Prepared By Contra Costa County Redevelopment Agency INTRODUCTION I. PLEASANT HILL BART STATION AREA A. History B. Financial Status C. Agency Activities D. Public Sector Activities E. Private Sector Activities F. Goals and Objectives II. NORTH RICHMOND A. History B. Financial Statu"s C. Agency Activities D. Public Sector Activities E. Private Sector Activities F. Goals and Objectives III. WEST PITTSBURG A. History B. Financial Status C. Agency Activities D. Public Sector Activities E. Private Sector Activities F. Goals and Objectives IV. OAKLEY A. History B. Financial Status C. Agency Activities D. Goals and Objectives V. RODEO A. History B. Financial Status C. Agency Activities D. Goals and Objectives INTRODUCTION California Community Redevelopment Law Section 33348.5 (Health and Safety Code 33000, et. seq.) requires that a redevelopment agency "biennially, conduct a public hearing for the purpose of reviewing the redevelopment plan for each redevelopment project within its jurisdiction and evaluating its progress..." The law requires that notice of the public hearing be published and posted in four permanent places within the project area. This requirement has been complied with. The Contra Costa County Redevelopment Agency currently has five active Redevelopment Plans: Pleasant Hill BART Station Area, North Richmond, West Pittsburg, Oakley and Rodeo. A separate discussion of each Project Area is contained within this report. I. PLEASANT HILL BART STATION AREA A. History. The Pleasant Hill BART Station Area is a unique asset to the Contra Costa County community. In the 1970's it was envisioned that the station area, because of its highly accessible location next to Interstate 680, on a major sub-regional traffic corridor, and on the BART system, would become an area of high intensity commercial development. The Pleasant Hill BART Station Area Plan, adopted by the County in 1975, provided for such development. Development as contemplated by the 1975 Area Plan did not occur. Reasons identified for this were: (1) the inability of the private sector to assemble the numerous properties into logical development sites; and (2) the lack of a vehicle for financing infrastructure improvements necessary to support such development. For these reasons, the County jointly with the cities of Pleasant Hill and Walnut Creek and the Bay Area Rapid Transit District embarked on a process that ultimately led to the adoption of the Pleasant Hill BART Station Area Specific Plan in 1983 and the formation of the Contra Costa County Redevelopment Agency in 1984. A redevelopment plan for the Pleasant Hill BART Station Area was adopted in 1984. A 1989 amendment incorporated additional territory into the Project Area to accommodate a major residential development with affordable housing. The Pleasant Hill BART Station Redevelopment Project Area is an area of approximately 125 acres. The focal point of the station area is the Bay Area Rapid Transit District station. B. Financial Status. The Pleasant Hill Redevelopment Project Area received approximately $2.3 million in tax increment revenues in fiscal year 1992-93.. In addition,the Agency was responsible for administering over$15 million in funds from developer fees, developer payments, and proceeds from issuance of bonds. These revenues are being utilized to undertake Agency activities within the Project Area. In the 1992-93 fiscal year over$295,000 in Agency revenues were diverted by the State Legislature to the State's educational system. The Agency has incurred approximately $27.5 million in debt as of June 1992. This includes approximately $7.5 million in tax allocation bonds secured by the Agency's tax increment, as well as funds due to the County General Fund and other County agencies. The Redevelopment Agency has repaid over$2.5 million of its debt to the County and County agencies. C. Agency Activities. The Redevelopment Agency has been involved in two major activities related to development within the Pleasant Hill BART Station Area since its inception: (1) the Agency has been a vehicle for assisting private developers in assembling their 1 development sites in order to permit optimal development of the property; and (2) the Agency has been a vehicle for securing present and future financing of infrastructure necessary to support the development contemplated by Pleasant Hill BART Specific Plan. To date the Redevelopment Agency has been instrumental in the financing of approximately $25 million in infrastructure improvements and property acquisition necessary for future infrastructure improvements. These funds were generated through Agency tax increments, assessment district bonds, Mello-Roos Special Tax Districts, private developer fees and property dedications. Major improvements to Treat Boulevard, Oak Road, Buskirk Avenue and Las Juntas Way have been completed utilizing these funds. In addition, funds have been utilized to acquire portions of the former Southern Pacific right-of-way for future roadway improvements. The Agency is now completing the preliminary engineering work relative to the construction of a major arterial within the Southern Pacific right-of-way. Measure C funding has been secured to finance modifications to the Oak Park Boulevard overcrossing on 1-680. The Agency will be working with adjacent jurisdictions through the mechanism of the Pleasant Hill BART Station Area Steering Committee to implement these infrastructure improvements. These activities would be financed in part with future tax increment revenues of the Redevelopment Agency, Measure C funds and, potentially, federal funds. Through provision of disposition and development agreements, the Agency has also assisted in the assemblage of the various development areas including, but not limited to, acquiring privately owned properties necessary to complete the development areas, completing the vacation and abandonment of the County rights-of-way, and securing property dedications necessary for planned road and infrastructure improvements. The Agency has, with its own funds, completed the assembly of the last remaining unassembled development site in the Specific Plan Area (Area 4). In addition to the activities previously indicated, the Redevelopment Agency has also assisted in the development and implementation of a transportation demand management program and the implementation of a child care facility response program, and a child care affordability fund. D. Private Sector Activities. Approximately 3.3 million square feet of commercial development and 2,000 residential units have been completed.or approved within and surrounding the Specific Plan area. Approximately 1 million square feet of commercial development, a major hotel and nearly 1,800 residential units have been completed. The remaining private development has been approved or has vesting development rights per this Specific Plan. 2 E. Goals and Objectives. Most development areas within the Pleasant Hill BART Station Area Redevelopment Project Area have received development approvals and completed the assemblage of the sites. Therefore, the major goals and objectives of the Redevelopment Agency in the future will be related to financing additional infrastructure improvements necessary to service the development contemplated and assisting the private development in securing financing for their developments. The Agency intends, subject to market conditions, to market the residential property it owns (Area 4) in 1993-94. Agency and development activities are subject to ongoing monitoring by the Pleasant Hill BART Station Steering Committee. This multi jurisdictional committee has and will continue to serve as the major mechanism for monitoring and directing activities of the Agency in the area. nc:m s�ta9s m9/bie=W.rpt 3 IL NORTH RICHMOND REDEVELOPMENT PLAN A. History. The North Richmond Redevelopment Plan was adopted by the Contra Costa County Board of Supervisors by Ordinance No. 87-50 on July 29, 1987. The North Richmond Project Area is a contiguous area of approximately 900 acres located in West Contra Costa County. It is an unincorporated island bordered on the south, east,and north by the City of Richmond and on the west by the San Francisco Bay. The Plan was adopted in response to many years of economic stagnation and physical decline that could only be reversed through the redevelopment process. B. Financial Status. The North Richmond Redevelopment Project Area received approximately$227,400 in tax revenues in fiscal year 1992-93. Over$10,000 of Agency funds were diverted in FY 92-93 to the states educational system by the State Legislature. In addition,the Agency was responsible for administering over$1 million in funds from developer payments and proceeds from the issuance of bonds. These revenues are being utilized to undertake Agency activities with the project area. The Agency has incurred approximately$1 million in debt as of June 1992. This debt reflects the issuance of tax allocation bonds secured by the Agencies tar increment stream. The Redevelopment Agency has fully repaid over$125,000 of its debt to the County and County agencies. C. Agency Activities. While tax increment revenues have been very small;the Agency continues to support development activity in the Project Area. The Agency received a total of$206,000 in Community Development Block Grant allocations to facilitate a 7-unit for-sale affordable housing development. A 33,740 square foot assemblage was acquired and a Disposition and Development Agreement (DDA)executed with a Developer. The original developer defaulted on their construction loan and the Agency, in cooperation with the construction lender,secured a new development firm. The Agency is utilizing a combination of CDBG,tax increment and the Affordable Housing Special Revenue funds for purchase subsidies to reach an affordability level below 80%of median. Five of the seven homes have been sold to lower income homebuyers by June 1993. The Agency has also received a CDBG allocation for a Code Enforcement and Abatement Program. This program is intended to focus on determining housing conditions. linking property owners to available loan programs,and providing incentives for owners to upgrade their properties. A portion of the CDBG funds will also be utilized to finance abatement activities in order to mitigate very unsafe housing conditions. The Agency has also received a grant from the Private Industry Council to provide an innovative employment training program for Project Area residents. The Agency initiated the design of and secured a reputable non-profit organization to implement the employment training program. The Agency has made a$100,000 commitment to a local non-profit housing developer to help finance a 59-unit for-sale affordable housing project. The tax increment funds will be used to provide purchase subsidies to reach an affordability level below 80%of median. Agency funds are also being used to finance the realignment of Brookside Drive,a main arterial in the industrial part of the project area. Staff has continued to work with the Project Area Committee/Municipal Advisory Council (MAC), property owners and the development community to implement the Redevelopment Plan. The North Richmond MAC was formed to empower the community by enhancing communication and providing better representation with the Board of Supervisors and County staf. D. Other Public Sector Activities. The cities of Richmond,Pinole,and San Pablo, and Contra Costa County and the Contra Costa County Redevelopment Agency continue to work together to construct the Richmond Parkway. Also called Route 93, this high-speed, limited access expressway will connect I-580 east of the Richmond-San Rafael Bridge with I-80 at a new interchange to be located east of the Hilltop Drive interchange. The Richmond Parkway will result in better access to the area which could facilitate industrial and commercial development. Redevelopment Agency staff has monitored this project and provided support as necessary. The East Bay Municipal Utilities District(EBMUD)has begun construction of its water reclamation facility. While not generating tax increment to the Project Area,this development will include over$200,000 in infrastructure improvements that will benefit future Agency activities,and a cash contribution of over$50,000 for affordable housing development. The North Richmond community, in addition to the other communities located along the waterfront,have been designated a Market Development Recycling Zone. The result should be increased interest in recycling-oriented business development which would take advantage of the tax benefits and low-interest loans available to these zones. The County and Agency staff completed a General Plan Amendment for the North Richmond area. The effect of the amendment is to change the land generally north of Wildcat Creek from residential and agriculatural to light and heavy industrial designations. The result has been,and should continue to be,increased interest in industrial development. The Contra Costa County Housing Authority has recently completed a 3,500 square foot child care facility in its Los Deltas Housing Project. While not generating tax increment to the Project Area,the development will serve a definite need. E. Private Sector Activities. The Richmond Sanitary Service is about to begin construction of its Integrated Resource and Recovery Facility(IRRF). This project should generate renewed interest in industrial development and serve as catalyst for major recycling-oriented business development in the industrial portion of North Richmond. There appears to be an increasing interest in both industrial and residential development since the Redevelopment Plan adoption in 1987_ This interest is in part related to the ongoing construction of the Richmond Parkway that bisects the project area. F. Goals and Objectives. The North Richmond Project Area should experience an increased level of development in the next year. The Richmond Parkway improvements continue to generate interest from the development community. In addition, the designation of the Market Development Recycling Zone and the Agency's Brookside Drive Realignment project will generate increased interest from the economic development community. The Agency's affordable housing project is adding 7 conventionally-built owner- occupant homes to the affordable housing stock. The high level of interest in non-profit affordable housing development should also continue. III. West Pittsburg Redevelopment Plan A. History The West Pittsburg Redevelopment Plan was adopted by the Contra Costa County Board of Supervisors by Ordinance No. 87-102 on December 29, 1987. the Project Area is a contiguous area of approximately 1550 acres located in East Contra Costa County. It is generally bounded by the City of Pittsburg on the east, State Route 4 on the south, Port Chicago.Highway on the west, and Suisun Bay and the Sacramento Northern Railroad Right-of-Way on the north. The Plan was adopted in order to address the many physical problems that exist within the area that has effectively restricted development from occurring. B. Financial Status The West Pittsburg Project Area received a distribution of$461,700 of tax increment revenues in the 1991-92 tax year. Tax increment for 1992-93 is $618,775 The West Pittsburg Project Area has incurred bonded indebtedness of $2,535,188. In addition the Agency has made a preliminary commitment to the Contra Costa Water District (CCWD) for a $1,500,000 program of water distribution improvements. This commitment is subject to CCWD becoming the water purveyor for West Pittsburg. The State Legislature diverted over$70,000 to the state educational system in FY 92-93. C. Agency Activities The Agency has assumed an active role in the Project Area over the last two years. The following is a list of Agency initiated activities. Infrastructure 1. Willow Pass Road. Agency funds are being used with other federal, state, and local funds to finance major improvements to portions of Willow Pass Road and Port Chicago Highway. In addition, the Agency initiated and is funding improvements to the portions of Willow Pass Road east of Bailey Road, which had no previous funding. This effort is to support potential business development. 2. Port Chicago Highway. The Agency is funding a beautification project at the intersection of Port Chicago Highway and Willow Pass Road . In addition, the Agency is providing funding for sidewalk improvements and collect and a collect and convey pipeline to enhance the road improvements previously planned for that intersection. Housing 1. First Time Homebuyer Program. The Agency will soon be operational with a First Time Homebuyer Program in West Pittsburg which will provide deferred second mortgage loans to qualified first time low-income homebuyers. The program, financed from redevelopment bond proceeds will also provide down payment assistance where needed. 2. Anchor Cove Condominiums. The Agency in partnership with a local lender is providing construction financing for Anchor Cove Condominiums. Five of the units will be sold at below market costs to first-time low-income homebuyers. 3. 112 Alves Lane. The Agency is working with a non-profit developer to construct 14 units of high-quality affordable housing on this site, to replace existing blight. The non- profit has been able to leverage the initial Agency loan with $440,000 in federal HOME funds and $70,000 in Community Development Block Grant funds. It is also applying funds under the Low Income Housing Tax Credit Program and an Affordable Housing Program offered by SAMCO, a consortium of savings and loan institutions. Code Enforcement The Agency and the County's Building Inspection Department received a CDBG grant to initiate a comprehensive code enforcement program in the North Broadway/Solano/Poinsettia area in West Pittsburg. This is the first step in a comprehensive effort to revitalize this particularly troubled area. Economic Development 1. Bruno's Market. The Agency worked successfully with the Concord Meat Market in its efforts to acquire and relocate its wholesale and retail business to this site. 2. Willow Pass Road Marketing Brochure. The Agency is preparing a marketing brochure describing vacant and underutilized parcels along Willow Pass Road, and the services the Redevelopment Agency can provide in assisting business to locate in West Pittsburg. This brochure will be used to attract potential businesses to West Pittsburg. D. Other Public Sector Activities Contra Costa County Public Works Department through the West Pittsburg Area of Benefit has completed construction of the Willow Pass Road (west of Bailey Road) improvement program. This project, along with the Agency project, east of Bailey Road, should generate renewed interest in development along West Pittsburg's main commercial arterial. The Bay Area Rapid Transit District has completed plans for a future BART station just outside of the redevelopment area in the City of Pittsburg. This station could serve as a catalyst for major development changes similar to Pleasant Hill BART. The Measure C financed improvements to the Bailey Road and Highway 4 interchange to facilitate the movement of increased traffic due to the new BART station have commenced. E. Private Sector Activities. There has been an increase in both commercial and residential land development during the past two years. Much of this interest may be related to the planned improved highway access along Highway 4, to the continuing residential development just outside the project area and to the publicity surrounding the design of the BART station. F. Goals and Objectives The following are the goals and objectives the Agency 1. Implement mortgage and down payment assistance to first-time low-income homebuyers in West Pittsburg through the First Time Homebuyer Program. Targeted dates for loan processing are July 1993 through July 1994. 2. Complete landscaping and signage which comprise the Port Chicago Highway/Willow Pass Road beautification project. Create a true entryway into West Pittsburg. Targeted completion date is Sqptember 1994. 3. Complete Willow Pass Road, east of Bailey Road widening and beautification project. Construction is targeted for summer 1994. 4. Complete construction and occupy ten unit condominium units. Targeted date for occupancy is March 1994. 5. Complete funding package, develop and occupy new rental housing at 112 Alves Lane. Construction is targeted for January 1994, with occupancy targeted for March 1995. 6. Distribute Willow Pass Road marketing brochure to prospective businesses. Assist business to locate along Willow Pass Road. 7. Develop a Facade Rehabilitation Program to assist in the enhancement of commercial properties along Willow Pass Road. 8. Acquire and develop up to five properties in the North Broadway/Solano area in West Pittsburg. Work with Building Inspection, the County Sheriff and other county departments to identify and implement strategies to stop crime improve the housing and infrastructure and revitalize the area. 9. Initiate a planning process to develop a comprehensive plan for use of both McAvoy Harbor and Harris Harbor along with East Bay Regional Park District's plans for a trail system through the area. 10. Initiate one or more new housing projects. Cal/West Pittsburg:bi-rep93 IV. Oakley Redevelopment Plan A. History The Oakley Redevelopment Plan was adopted by the Contra Costa County Board of Supervisors by Ordinance No. 89-89 on December 27, 1989. The Oakley Redevelopment Project Area is a contiguous area of approximately 964 acres located in East contra Costa county. It is generally bounded on the east by the Atchison, Topeka, and Santa Fe (AT&SF) Railroad and State Route 4; on the south by Oakley Road, State Route 4 and Cypress Road; on the west by Bridgehead/Neroly road; and on the north by the AT&SF right-of-way. The Redevelopment Plan was adopted in order to address the physical problems and deficiencies in infrastructure that have become more acute as development pressures outside the plan area have occurred. B. Financial Status The Oakley Redevelopment Project received a distribution of $367,900 in the 1991/92 tax year. Tax increment for 1992/93 is $520, 200. The State Legislature diverted over$30,000 to the state educational system in FY 92-93. The Oakley Project Area has incurred bonded indebtedness of$2,979,127. The Oakley project has additional debt in pass through obligations to East Bay Regional Park District of$150,000 and Mosquito Abatement District of$100,000. C. Agency Activities The Agency has been assuming a more active role relative to development activities in Oakley as revenues increase. The following is a list of such activities. Infrastructure The Agency has participated in funding Highway 4 improvements by providing funds for amenities, such as medians and landscaping, for which Area of Benefit Funds and State Highway Improvement funds cannot be used. Downtown Improvements Working closely with the Oakley Municipal Advisory Council (GMAC), and the Oakley Chamber of Commerce, the Agency has undertaken to initiate and fund a Specific Plan Process to evaluate circulation, economic development and design options for "Oldtown" Oakley. This process has thus far generated a Background and Alternatives Evaluation document outlining specific options for the future development of"Oldtown". Bond proceeds have been dedicated to begin the implementation process once a Specific Plan is adopted by OMAC and the Board of Supervisors. Housing 1. First Time Homebuyer Program. The Agency will soon be operational with a First Time Homebuyer Program in Oakley which will provide deferred second mortgage loans to qualified first time low-income homebuyers. The program, financed from redevelopment bond proceeds, will also provide down payment assistance where needed. 2. Oakley Senior Housing. The Agency is working with a non-profit developer to acquire land and develop housing for low-income elderly in the Oakley Project Area. Other 1. Library Improvements. The Agency has allocated $250,000 out of redevelopment bond proceeds to the Contra Costa Public Library to improve its library facility in Oakley. The Agency is working with OMAC and the library to develop an appropriate approach to either expand and renovate the existing library facility or options for constructing a new facility. 2. Parks Acquisition. The Agency has allocated $200,000 to a parks acquisition fund and is working with OMAC to identify an appropriate expenditure for these funds. 3. Fire Hydrants. The Agency has allocated funds to both the Oakley Fire Department and the Water District to provide new hydrants and to move and adjust existing hydrants along the Highway 4 corridor. D. Other Public Sector Activities Contra Costa County Public Works Department through the Oakley Area of Benefit has completed widening of Highway 4 from Big Break to Empire Road. The next stage of the Highway 4 widening process will be from Empire Road to Vintage Parkway. E. Goals and Objectives The following are the goals and objectives of the Agency 1. Provide mortgage and down payment assistance to first-time low-income homebuyers in Oakley through the First Time Homebuyer Program. Targeted dates for loan processing are July 1993 through July 1994. 2. Complete construction of up to 50 units of senior citizen housing in the Oakley Project Area. 3. Complete Specific Plan process and adopt implementation guidelines for the improvement of"Oldtown" Oakley. 4. Work with the development community to assist in light industrial development in the project area. cnI/0akIey:0akbi-rep93 V. RODEO REDEVELOPMENT PROJECT AREA A. History The Rodeo Redevelopment Plan was adopted by the Contra Costa County Board of Supervisors by Ordinance No. 90-50 on July 10, 1990. The Rodeo Redevelopment Project Area is a contiguous area of approximately 650 acres in West Contra Costa County. It is generally bounded on the west by the City of Hercules,on the east by the Unocal plant, on the north by San Pablo Bay,and on the south by Interstate 80. The Redevelopment Plan was adopted to address the physical problems and deficiencies in infrastructure that are becoming more acute with the passage of time. The area also has particular development opportunities that will likely only be achievable with Agency assistance. B. Financial Status The Rodeo Redevelopment Project Area was eligible for its initial distribution of tax increments in FY 91-92. Tax increment revenue in 1992-93 was$366,950. As of June 30, 1993, the Agency has incurred debt obligations of$560,000. This debt is comprised of a loan from the County and an obligation to finance future park and recreation improvements. C. Agency Activities The Agency has assumed an active role relative to development in the Project Area, even though revenues are small. Agency funds are being used to finance a Specific Plan for the downtown and waterfront areas. The County,East Bay Regional Parks, and the Trust for Public Land are also involved in this process. The Agency stated its intent to commit to the R-10 Service Area approximately$40,000 for open space and community entranceway improvements. This commitment is subject to R-10 becoming the permanent easement holder for the parcel of land located at the San Pablo, Willow and Parker Avenues realignment project. Agency funds were used to prepare Design Guidelines to aid the community advisory group evaluate new development and substantial rehabilitation projects in the downtown area. Staff has continued to work with the Redevelopment Advisory Committee,property owners. and the development community to implement the Redevelopment Plan D. Other Public Sector Activities. Contra Costa County Public Works Department through the Caltrans 1-80 Improvement Project has completed the realignment and signalization of San Pablo,Willow and Parker Avenues. This project should generate renewed interest in development along Rodeo's main artery. The East Bay Regional Park District and the Trust for Public Land have been acquiring properties along the Rodeo waterfront for parks,recreation,and wetlands open space. These activities are consistent with the West Contra Costa County Trails Corridor and Rodeo Waterfront Feasiblity Study recommendations which was prepared for the Joint Powers Authority between the County and the East Bay Regional Park District. These acquisitions should generate new interest in development along the waterfront corridor. E. Private Sector Activities. Since the 1990 adoption of the Redevelopment Plan there has been a small amount of new residential development. F. Goals and Objectives. The Rodeo Project Area should see a fair amount of development activity,both public and private,in the next year. The East Bay Regional Parks'and Trust for Public Land's shoreline acquisitions will generate increased interest from the development community. Once completed,the Agency produced Downtown and Waterfront Specific Plan will serve as a definitive planning document for private and public development. Agency staff will continue to work with the Redevelopment Advisory Committee, property owners,and"the development community to facilitate economic growth in the area,and attract new housing developments.