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Applicable General Plan Policy <br />Policy 7.06 -Adaptive Re-use -Encourage private investment in vacant or underutilized <br />industrial and commercial real estate to adapt such property to changing economic needs. <br />Permits and/or Variances Granted - N/A <br />Environmental Review- N/A <br />Code Compliance Review - N/A <br />Board/Commission Findings- N/A <br />Summary Of Public Outreach Efforts - N/A <br />Fiscal Impact <br />The Joint Project Area FY 2008-09 Budget included $115,000 for the Commercial <br />Rehabilitation Program. <br />Budget Authority <br />There are sufficient funds in the Alameda County-City of San Leandro (Joint) <br />Redevelopment Project Area fund balance for this project. <br />Pe Carter, Int ~ gency reasurer <br />Attachments• <br />Design Drawings <br />CONCLUSION <br />In order to build on the success of the Downtown Farmers' Market and improve the <br />appearance and outdoor dining opportunities of an important downtown business, staff <br />recommends that the Agency approve the attached resolution allowing the Agency to <br />enter into an Owner Participation and Loan Agreement with the Scribner Family <br />Partnership authorizing a forgivable loan of $85,000. <br />G:\DEPT\OBD\Files RDA\RDA Loans\Commercial Rehab Program\2007-2008\Scribner\Englander Staff Report.doc <br />