Minutes 1993 0628 - Laserfiche WebLink

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Minutes - Joint San Leandro City Council/ Page - 8 - San Leandro Redevelopment Agency/ Alameda County Board of Supervisors Meeting - June 28, 1993 JOINT PUBLIC HEARING (continued) The City and County determined appropriate areas, and the project area boundaries were selected and surveyed. To determine boundaries, economic and social issues were reviewed, the Safety Code was reviewed, and the County and City plans were reviewed. He said job opportunities need to be created and retained, improvement needs to be made to existing affordable housing, better community identities need to be established, and private investment in the area needs to be encouraged to overcome the declining investment. The project area is approximately 1700 acres and contains incorporated and unincorporated lands. A survey of exterior resources was conducted. The video indicated many of the declining features of the area. Residential properties are mostly in the unincorporated area; this is more than one quarter of the project area. Commercial and industrial properties make up 45% of the area. Vacant land is only approximately 1% of the project area. Numerous parcels were found to be too small and could benefit from redevelopment assistance. Many affordable assistance programs could be implemented such as low interest loans or grants, since no less than 20% of funds must be used to support affordable housing. Infrastructure improvements including lighting, sidewalks and streets will help improve the project area. Sales tax retention and growth is an important factor in the economic health of the area as is property tax income. A project list has been prepared to focus funding into activities needed to encourage private investment and improvement in the area. The project list includes infrastructure, commercial and industrial projects, open space and recreation support, public facilities, affordable housing loans and grants and other projects that support the community. The report and recommendations of the Planning Commission are included in this report, as well as the conformity to the General Plans. A fiscal review committee was established and a response prepared. Staff has conducted fiscal negotiations, and there have been three citizen workshops prior to this hearing. The plan provides a joint cooperative effort of City and County. The project plan exceeds $300 million in today's value. The plan is long term, however, many projects on the list can be initiated during the early years. There is limited use of eminent domain. Provisions of the plan include a close working relationship with property owners, residents, and the business community. Tax increment is the funding source. Mayor Faria said persons desiring to question staff would have an opportunity to do so when he asked for public comment. He asked if there were any questions from Agency, Council , or Supervisors? He said, if no objections, the report of the Agency would be made part of the record. June Catalano said Brian McElroy, EIR consultant, would refer to and briefly summarize the Final Environmental Impact Report.