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Report on Agency Activities to Eliminate Blight Report on the Status of Agency Loans Report on Property Owned and Acquired by the Agency The San Leandro Redevelopment Agency was formed in 1960 to finance development projects and programs to eliminate economic stagnation and physical blight. The Agency's funding source is tax increment, which is a dedicated share of the growth in property tax within redevelopment project areas. San Leandro has three active redevelopment project areas: Plaza, West San Leandro /MacArthur Boulevard, and Alameda County -City of San Leandro, known as the Joint project area. Partnering with businesses, residents, and property owners, the Redevelopment Agency provides the private sector with financial and technical assistance to eliminate barriers to investment, stimulating economic growth. The Mayor and City Council serve as its Board of Directors and the City Manager as its Executive Director. ECONOMIC DEVELOPMENT AND COMMERCIAL REVITALIZATION The Agency is active in three redevelopment project areas: the Plaza Project Area, the Joint Project Area, and the West San Leandro /MacArthur Boulevard Project Area. The Agency is also active in funding affordable housing activities throughout the city. Pursuant to Health and Safety Code Section 33080.1 (d), selected accomplishments for Fiscal Year 2009 -10 include: Overall • The Redevelopment Agency initiated meetings of the new Redevelopment Advisory Committee (RAC). The RAC focused on providing input to the Agency on the 2010 — 2014 Implementation Plan with a particular emphasis on identifying and prioritizing future programs and projects. • The Agency adopted the 2010 — 2014 Implementation Plan via RDA Resolution 2010 -008 on September 20, 2010 after a public hearing. The Plan reflects the input of the RAC and will guide implementation efforts for the next several years. • The Agency held a successful Downtown Symposium on March 30 at the Main Library, with over 100 people attending. The event featured three panels of speakers providing an overview of the many exciting developments taking place downtown. Topics covered included urban design, downtown special events, retail attraction, business assistance programs, public safety, and future development. • Agency staff worked with a design firm, to craft a wayfinding signage program for downtown. The signs will be used to better define the downtown area through a cohesive visual appearance, and to help people locate essential services such as parking, transit, and City Hall. The funding to purchase the signs is included in a Transportation for Livable Communities (TLC) grant.