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developer can use in order to mitigate the challenges to reusing sites within the Cin that have been previously developed. Creation of an industrial redevelopment district that encompasses an area where obsolete and underutilized buildings are prevalent can be a very useful step in this direction. California redevelopment law enables communities to collect tax increment funds within discretely defined redevelopment project areas. Tax increment funds can then be used alone or to leverage other revenue sources for myriad public purposes. including land assembly, infrastructure upgrades. environmental remediation, and business financing. As sources of public funding have become more limited in response to budget cuts at both the state and federal level. redevelopment has become an increasingly important tool for encouraging new investment in areas alread\ considered "blighted." San Leandro administers two existing Redevelopment Project Areas of its own. plus a third district which is administered jointly with the County of Alameda. These redevelopment areas were created primarily to address blight in the City's retail corridors, and do not include most of the underutilized and functionally obsolete industrial properties that are concentrated west of Interstate 880 between Davis and Joaquin Streets. The Cit} has designated a survey area to study the feasibility of creating a ne%� Redevelopment Project Area in this vicinity, which will be ven• helpful in encouraging the reuse and redevelopment of many of San Leandro's "white elephant" industrial buildings. As a next step, staff have proposed forming a citizen's advisory committee of local stakeholders to review and affirm the view that Redevelopment will be an important and effective tool in encouraging the reuse of existing underutilized properties and the development of vacant properties within the area. The City should seek to ensure EDAC representation on the study committee. In conjunction with forming the study committee. the City should also consider several other tools that can be used to collect information on specialized redevelopment issues in the study area, including the role of hazardous substances as a barrier to redevelopment, and mechanisms that the City can establish in order to help properr owners address this problem. The City should monitor brownfields Pilot programs that are currently being sponsored by the EPA in a number of U.S. cities. including Emeryville and Stockton for model programs to address toxi redevelopment process. cs remediation in the Roles and Responsibilities. Ciry Redevelopment staff will take the primary responsibilir` for conducting the work necessan to form this neN% Redevelopment project area with assistance from Economic Development staff. The Citizens Advisory committee will be comprised of volunteers who represent various stakeholder view points, and should include EDAC representation. Special studies suggested above could be performed by Redevelopment staff or outside consultants. Priority HIGH. This process is underway. of a redevelopment project area will require 246- It is anticipated that the process for adoption 12 to 18 months. The Citv should seek to M