THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE PROPOSED FY CAPITAL BUDGET FY OPERATING BUDGET

Transcription

1 San Jose Innovation Center Brocade Communication Systems Campus in North San Jose San Jose BioCenter Adobe Headquarters THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE PROPOSED FY CAPITAL BUDGET FY OPERATING BUDGET

2 FY CAPITAL BUDGET FY OPERATING BUDGET 1'4 CITY OP g SAN JOSE CAPITAL OF SILICON VALLEY Redevelopment Agency Chairman Chuck Reed Board Members D1 - Pete Constant D2 - Ash Kalra D3 - Sam Liccardo D4 - Kansen Chu D5 - Xavier Campos D6 - Pierluigi Oliverio D7 - Madison Nguyen D8 - Rose Herrera D9 - Donald Rocha D1 0 - Nancy Pyle SUBMITTED BY HARRY S. MAVROGENES Executive Director

3 PROPOSED FY CAPITAL BUDGET FY OPERATING BUDGET Prepared by: Harry S. Mavrogenes Executive Director Jim Forsberg Chief Operating Officer Janet C. Kern Deputy Executive Director David C. Baum Director of Finance/ Chief Financial Officer Finance Division Coordination and Control Abraham M. Andrade Jr. Assistant Director of Finance Justina C. Hsu Budget Manager Preparation and Assistance Sandy L. Shayesteh Contract Manager Holly H. Le Payroll Specialist

4 PROPOSED FY CAPITAL BUDGET FY OPERATING BUDGET TABLE OF CONTENTS PAGE I. BUDGET MESSAGE. I-1 II. SUMMARY INFORMATION Source and Use of Funds Summary (Table) II-1 Miscellaneous Revenue II-4 III. CAPITAL BUDGET BY REDEVELOPMENT AREA Edenvale III-1 Julian Stockton III-7 Merged Area Impact III-9 Neighborhood Business Investment Program III-26 Strong Neighborhoods Initiative III-32 Park Center III-36 Rincon de los Esteros III-38 San Antonio Plaza III-41 IV. ACCOMPLISHMENTS Promote and Implement Neighborhood Improvement Strategies IV-1 Enhance the Quality and Supply of the City's Housing Stock IV-9 Initiate and Facilitate Public Facilities and Spaces IV-12 Initiate and Facilitate Private Development IV-15 V. OPERATING BUDGET Budget Summary V-1 Budget Detail V-2 Summary of Authorized Positions V-5 X. APPENDIX Mayor's March Budget Message for Fiscal Year

5 PROPOSED CAPITAL BUDGET OPERATING BUDGET BUDGET MESSAGE

6 SAN JOSE CAPITAL OF SILICON VALLEY Executive Director The Redevelopment Agency of the City of San Jose May 2, 2011 Honorable Mayor and Redevelopment Agency Board: I respectfully submit the Redevelopment Agency's Proposed Fiscal Year Capital and Operating Budget. Although the Agency's future is uncertain at this time, a One-Year Capital Budget is proposed to extend funding for on-going Capital projects and programs which directly contribute to furthering the Mayor and City Council's economic development goals and have the very real potential to increase tax increment. The Proposed Operating Budget outlines staffing requirements to manage these projects and programs and address City related services and programs. The Mayor's March Budget Message, approved by the Redevelopment Agency Board on March 22, 2011, recommended the Agency submit its Fiscal Year Proposed Capital and Operating Budget on May 2, The Agency's Proposed FY Capital and Operating Budgets includes funding of carryover encumbrance balances as of April 30, 2011; new funding for FY and the re-budgeting of funds remaining as of April 30, 2011 from FY to FY The Proposed FY Capital Budget of $18.5 million and Proposed Operating Budget of $1.9 million reflect commitment to implement the work plan and priorities set by the Mayor and Redevelopment Agency Board. The Proposed $18.5 million Capital Budget provides funding for projects and programs that will focus on job/tax increment generation. Of the $18.5 million, $13.2 million are for contract/lease obligations; $3.4 million for a grant restricted funded project; $1.7 million for retaining and attracting driving industry companies and job creation/economic development projects; and $0.2 for litigation services. The Proposed Operating Budget of $1.9 million reflects a decrease of $19.6 million or 91% reduction from the FY Adopted Revised Budget. The 200 East Santa Clara Street, 14th Floor, San Jose, CA tel (408) fax (408)

7 Page 2 Agency has continued to be responsible and face the challenge we confront by taking necessary actions to reduce its operating costs, as reflected in the significant reduction in staffing levels from 119 authorized positions on July 1, 2009 to a current proposed level of 10, including general counsel staff. The reduced staffing level, reflects the scaled down capital budget. Factors, outside the control of the Agency that might impact the Agency's funding capacity in the near future include the growth rate of tax increment and the reading of the financial market and related impact on short and long term borrowing; and the Governor's proposal to eliminate Redevelopment agencies and take redevelopment funds away from local control. Redevelopment Statewide Issues Since January 2011, Redevelopment Agencies around the state have been fighting for survival as the Governor has proposed the outright elimination of Redevelopment Agencies in order to save a perceived $1.7 billion for the state budget. The California Redevelopment Association (CRA) and the League of Cities have focused on fighting the Governor's proposal and on preserving redevelopment as the best economic development tool available to the state. Currently, CRA is working on two pieces of legislation, SB450 and SB286 that would impose reforms on redevelopment and guide redevelopment to maximize job creation, revitalize run-down communities, clean up contaminated properties, finance infrastructure and build affordable housing. The proposed reforms would: Tighten the definition of blight and ensure that it focuses on areas most in need Limit Redevelopment size (percentage of land area in any given city) In new redevelopment projects require that school districts retain all property taxes, increasing school funding Implement strict performance-based standards focusing on State priorities and increase oversight by local citizens Increase accountability with stringent reporting and performance standards Require annual performance audits by the State Auditor Prohibit the use of funds for non-redevelopment expenses Reduce redevelopment footprint in the State

8 Page 3 With the massive effort on the part of CRA and the League and bolstered by the strong support of local community elected officials, community leaders, and other stakeholders, there is now optimism that redevelopment may survive and continue to grow our local economies. The attached budget assumes that redevelopment will not be eliminated. Redevelopment in San Jose The San Jose Redevelopment Agency is the second largest redevelopment agency in the state based on tax increment received. This Agency has invested tax increment revenues over the past 25 years which have returned significant benefits to San Jose in job generation, housing stock, public facilities, capital infrastructure and neighborhood revitalization. Those successes include: Invested over $3 billion in the San Jose community which generated $19 billion in private investments On average, each $1 the Agency invested leveraged $7 in private investment Created 114,000 private sector jobs (25% of all San Jose jobs) Agency's activity generates $31 million in annual sales taxes to the City's General Fund to provide services to the community (nearly 30% of total annual Citywide sales tax collections) Housing has invested over $835 million in affordable housing projects which increased housing supply by over 21,000 units in San Jose The San Jose Redevelopment Agency's success required the Agency to borrow extensively over the years so it could fund projects when the money was needed to achieve the best results for our community. The Agency also made significant financial commitments to Santa Clara County, paying the County over $300 million in the last decade. And, the Agency has been forced by State government action to provide $105.4 million to the State since , with another $12.8 million due to the State on May 10, These growing, and often unexpected, obligations combined with decreasing tax revenues driven by the serious economic recession now being experienced in this country, have impacted the Agency. After absorbing a 7.8% decrease in tax increment in the FY , the Agency is forecasting an additional 5% drop in tax increment in FY The current revenue forecast also includes an additional $0.5 million decline in tax increment due to roll corrections primarily caused by assessment appeals-related reductions offset by unsecured roll corrections. To mitigate this decline the Agency has not

9 Page 4 only reduced its capital and operating budget proposal but also liquidated contracts in the aggregate amount of $2.5 million in to conserve cash. These are extraordinary times. The Agency appreciates the support of the Mayor and Agency Board. This budget emphasizes a commitment to ensure that our future efforts focus on citywide goals to retain/attract driving industry companies, to energize technology companies and to grow our tax increment revenues. Attachments -.-- *A RRY IAVROGENES Executive Director

10 PROPOSED CAPITAL BUDGET OPERATING BUDGET CAPITAL BUDGET BY REDEVELOPMENT AREA

11 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE PROPOSED FY MERGED AREA SOURCE AND USE OF FUNDS SUMMARY Estimated Year 1 FY FY Total SOURCE OF FUNDS 1 TI Growth Rate -7.89% -5.00% 2 Beginning Fund Balance $ 75,684,820 30,585,306 75,684,820 3 Tax Increment (Merged Area) 184,328, ,111, ,439,600 4 Supplemental Assessments Anticipated Reduction in TI 0 (500,000) (500,000) 6 SERAF Loan from City 12,815, ,815,668 7 Trust Account Interest 594, ,542 1,190,273 8 Redevelopment Fund Interest 991, ,183 1,847,986 9 City Parking Revenue Fund Reimbursement (1) 3,400,000 3,400,000 6,800, Other Miscellaneous Revenue (2) 25,149,743 9,991,648 35,141, TOTAL SOURCE OF FUNDS $ 302,964, ,040, ,419, USE OF FUNDS Financing/Other Costs: 17 Tax Allocation Bonds $ 133,045, ,006, ,051, Variable Bond 3,375,517 3,636,900 7,012, HUD 108 (3) 1,760, ,014 2,070, ERAF Loan Payment 4,497,184 4,490,494 8,987, % Housing Set Aside 36,865,600 34,922,320 71,787, SERAF Payment 12,815, ,815, AB1290 Pass-Through Payments 2,706,446 2,571,124 5,277, th St. Parking Garage Bond - Debt Service 3,400,000 3,400,000 6,800, Convention Center Bond Debt Service 15,012,113 5,340,225 20,352, Total Financing/Other Costs: $ 213,478, ,677, ,155,859 II-1

12 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE PROPOSED FY MERGED AREA SOURCE AND USE OF FUNDS SUMMARY Estimated Year 1 FY FY Total USE OF FUNDS 27 Capital Expenditures: 28 Strengthen Neighborhoods $ 499, , , Strong Neighborhoods Initiative 2,200,902 1,368,437 3,569, Develop, Preserve Housing 35,472 5,914,661 5,950, Build Public Facilities 12,003,385 1,583,369 13,586, Economic Development 7,913,713 9,328,428 17,242, Litigation Services (4) 250, , , Total Capital Expenditures $ 22,903,090 18,535,451 41,438, Operating Expenditures 37 Personnel (5) $ 14,544,366 1,250,000 15,794, Non - Personnel/Capital Equipment (6) 2,756, ,000 3,156, City Support Services (7) 4,168, ,000 4,418, Total Operating Expenditures $ 21,468,968 1,900,000 23,368, Obligated Payments: 43 Fiscal Agent Fees $ 150, , , Letter of Credit Fees 2,000,000 2,034,270 4,034, Line of Credit Liquidity Reserve 5,000, ,000, Arena Pass-Through Payment 355, , , County Tax Collection Fees 2,024,094 1,843,280 3,867, County Past Due Payment Settlement 5,000,000 1,011,696 6,011, County Delegated Payment (8) County Pass-Through Agreement Payment (9) Total Obligated Payments $ 14,529,094 5,394,246 19,923, TOTAL USE OF FUNDS $ 272,379, ,507, ,886, ECONOMIC UNCERTAINTY RESERVE $ 30,585,306 6,533,031 6,533,031 II-2

13 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE PROPOSED FY MERGED AREA SOURCE AND USE OF FUNDS SUMMARY Estimated Year 1 FY FY Total R - Bond Proceeds (Restricted) 3,011,343 0 C - Clean Money (Unrestricted) 27,573,963 6,533,031 30,585,306 6,533,031 Assumptions: (1) City will fund $3.4 million for 4th Street Parking Garage Debt Service for FY from Parking Fund (2) See attached Other Miscellaneous Revenue Summary for details (3) HUD 108 principal and interest Debt Service for FY to be funded by City with CDBG funds. Amount in FY reflects HUD loan payment from developers (4) For Litigation Services as needed. (5) Funding for 10 FTE's (includes 8 Agency and 2 General Counsel FTE's) for FY (6) $100,000 for rent and $300,000 for Annual Fiscal Audit, IT financial system support and office supplies in FY (7) $250,000 in FY for Mayor & Council, HR, IT and Clerk. (8) No Bond Issue in FY (9) County payment deferred for FY II-3

14 The Redevelopment Agency of the City of San Jose Proposed FY Other Miscellaneous Revenue Summary Current YEAR Total Remarks OTHER /MISCELLANEOUS REVENUE: 1 Revenue Sharing (DDA's) 2 SJ Marriott Revenue Participation fee (Semi annual) 150, , ,000 3 Letitia Building (DDA Requirement) 0 35,000 35,000 4 Block 4 Retail (Profit Sharing-Paseo de San Antonio) 85, ,000 5 Block 4: G&K Paseo Villa's Retail Space 12, ,000 6 San Antonio - Block 5 Parking (The Colonnade) 45, ,000 7 Park Center Plaza (Parking Agreement) 100, ,000 8 Sub Total - Revenue Sharing (DDA's) 392, , ,000 9 Rental Income 10 Camera 3 11,250 15,000 26, FedEx 77,580 25, , McCormick & Schmick 195, , Comedy Club 150, , , Camera 12 - Lease Payment (Forest City) 50, , Flames (4th St. Garage) 157, , , Pacific Car Wash 54, , San Jose Credit Union (4th St. Garage) 63,300 62, , Patty's Inn 27, ,420 Diridon Authority 19 Two Fish Design 6,000 6,000 12, Casa del Pueblo 5, , Guadalupe River (Temporary Construction Easement Us 85, , Green Valley triangle (287 N. San Pedro) 22, , Autumn Ct. 14, , Albanese Concrete 6, , Sub-Total Rental Income 926, ,000 1,323, Parking Revenues 27 Fountain Alley Parking Lot 424, , Block 1 - Fairmont Hotel Parking Garage 250, , Central Place Parking Lot 61, , S. Montgomery Parking Lot 39, ,000 Diridon Authority 31 2nd and St. James Parking Lot 100, , , South Hall Parking Lot 90, , Stephen's Meats Parking Lot (105 S. Montgomery) 55, ,000 Diridon Authority 34 Sub-Total Parking Revenues 1,019, ,000 1,119,000 II-4

15 The Redevelopment Agency of the City of San Jose Proposed FY Other Miscellaneous Revenue Summary Current YEAR Total Remarks 35 Loan Payments 36 PF Chang 0 5,000 5, Security Building 158, , , Masson Building 109,551 89, , Vendome - Principal 49,857 51, , Joel Wyrick & Judy Pearson (Principal Loan Payments) 10,091 10,294 20, Small Business Loan (Principal Loan Payments) 94,807 86, , Sub- Total Loan Payments 423, , , Land Sales 44 Brandenburg/N. San Pedro (50% of proceeds to County) 0 2,023,392 2,023, Fairmont Annex 3,891, ,891, Central Place Lot 5,125, ,125, Fountain Alley Lot 6,175, ,175, Block 4/5 Retail 1,000, ,000, Fairmont Garage (Consideration for Old City Hall) E. Santa Clara Site (HUD Collateral) 3,500,000 3,500, Old W. Julian Street 445, , San Fernando Property 4,500, ,500, Sub-Total Land Sales 21,137,175 5,523,392 26,660, Grants 55 EPA Grant (NSP Housing Water Infrastructure Work) 328, , Brandenburg/N. San Pedro (State Grant) 0 3,383,639 3,383, Sub-Total Grants 328,000 3,383,639 3,711, Other Revenues: 59 Staff Loan Overhead Revenue 35,000 35,000 70, Bid Documents 6, , Residence LLC 250, , Porter Stock Insurance Proceeds 88, , Bio Center Foundation (Mission West CAM) 144, , Other Misc. Revenue 400, , Sub-Total Other Revenues 923,834 35, , Total Misc. Revenue 25,149,743 9,991,648 35,141,391 II-5

16 PROPOSED CAPITAL BUDGET OPERATING BUDGET EDENVALE

17 EDENVALE REDEVELOPMENT AREA Proposed FY Capital Budget Proposed DEVELOPMENT PROJECTS Economic Development 1. BioCenter Lease 400, IDT Lease 177, BioCenter: Equipment Acquisitions and Tenant Improvements 246, Assessment District/Interchange Improvements 130, Edenvale Emerging Technologies Fund 500,000 Economic Development $ 1,453,000 TOTAL USE OF FUNDS $ 1,453,000 III-1

18 EDENVALE REDEVELOPMENT AREA Proposed FY Capital Budget 1. BioCenter Lease CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Funding to make lease payments to Mission West Properties for the use of space at 5941 Optical Court, where the San Jose BioCenter is located. COUNCIL DISTRICT: 2 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 1,972, , , ,000 2,372,417 TOTAL 1,972, , , ,000 2,372,417 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 1,972, , , ,000 2,372,417 TOTAL 1,972, , , ,000 2,372,417 Notes: Division: Business Development FY Initiated: FY Business Unit: III-2

19 EDENVALE REDEVELOPMENT AREA Proposed FY Capital Budget 2. IDT Lease CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Funding for the public use of 206 parking spaces located at the company's campus at 6024 Silver Creek Valley Road for public access to the Coyote Creek Trail, and for the lease of a parcel of riparian land. COUNCIL DISTRICT: 2 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 948, , , ,000 1,125,000 TOTAL 948, , , ,000 1,125,000 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 948, , , ,000 1,125,000 TOTAL 948, , , ,000 1,125,000 Notes: Division: Business Development FY Initiated: FY Business Unit: III-3

20 EDENVALE REDEVELOPMENT AREA Proposed FY Capital Budget 3. BioCenter: Equipment Acquisitions and Tenant Improvements CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Funding for additional equipment and tenant improvements for the San Jose BioCenter. COUNCIL DISTRICT: 2 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 2,631, , , ,000 2,877,003 TOTAL 2,631, , , ,000 2,877,003 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 2,631, , , ,000 2,877,003 TOTAL 2,631, , , ,000 2,877,003 Notes: Division: Business Development FY Initiated: FY Business Unit: III-4

21 EDENVALE REDEVELOPMENT AREA Proposed FY Capital Budget 4. Assessment District/Interchange Improvements CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Payment of deferred assessments on behalf of residential property owners in the Hellyer-Piercy Assessment District south of Silver Creek Valley Road. COUNCIL DISTRICT: 2 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 26,654, , , ,000 26,784,342 TOTAL 26,654, , , ,000 26,784,342 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 26,654, , , ,000 26,784,342 TOTAL 26,654, , , ,000 26,784,342 Notes: Division: Business Development FY Initiated: FY Business Unit: III-5

22 EDENVALE REDEVELOPMENT AREA Proposed FY Capital Budget 5. Edenvale Emerging Technologies Fund CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Funding allocated for special development agreements associated with the creation of an Edenvale Bioscience Incentive Zone in order to position Edenvale as a bioscience and emerging technology innovation cluster. In addition, funding is used for the redevelopment or rehabilitation of R&D, office and manufacturing facilities, and/or the acquisition of capital equipment by established technology and bioscience companies in Edenvale. COUNCIL DISTRICT: 2 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 3,435, , , ,000 3,935,000 TOTAL 3,435, , , ,000 3,935,000 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 3,435, , , ,000 3,935,000 TOTAL 3,435, , , ,000 3,935,000 Notes: Division: Business Development FY Initiated: FY Business Unit: III-6

23 PROPOSED CAPITAL BUDGET OPERATING BUDGET JULIAN STOCKTON

24 JULIAN STOCKTON REDEVELOPMENT AREA Proposed FY Capital Budget Proposed DEVELOPMENT PROJECTS Develop, Preserve Housing 1. North San Pedro Housing $ 5,914,661 Develop, Preserve Housing $ 5,914,661 TOTAL USE OF FUNDS $ 5,914,661 III-7

25 JULIAN STOCKTON REDEVELOPMENT AREA Proposed FY Capital Budget 1. North San Pedro Housing CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Develop, Preserve Housing Design and construction of Julian Street realignment to convert W. St. James Street to two-way operation and restore the street grid pattern in conjunction with the North San Pedro Housing project. COUNCIL DISTRICT: 3 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 21,698,746 2,531,022 3,383,639 5,914,661 5,914,661 27,613,407 TOTAL 21,698,746 2,531,022 3,383,639 5,914, ,914,661 27,613,407 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 21,351,506 2,203, ,531, ,531,022 23,554,528 State Grant 0 3,383,639 3,383, ,383,639 3,383,639 EPA Grant 347, , ,240 TOTAL 21,698,746 2,531,022 3,383,639 5,914, ,914,661 27,613,407 Notes: Division: Transactions and Real Estate FY Initiated: FY Business Unit: III-8

26 PROPOSED CAPITAL BUDGET OPERATING BUDGET MERGED AREA IMPACT

27 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget Proposed PUBLIC PROJECTS Strengthen Neighborhoods 1. Litigation Services/Reserves $ 200,000 Strengthen Neighborhoods $ 200,000 PUBLIC PROJECTS Build Public Facilities 2. Automatic Public Toilets 810, Asset Management 330, Misc. Public Improvements 25, Arena Employee Parking 70,000 Build Public Facilities $ 1,235,860 DEVELOPMENT PROJECTS Economic Development 6. Consultant Project Support Studies 87, Autumn Street Infrastructure Plan 628, San Jose Innovation Center - Lease 503, Downtown Office & Retail Recruitment 52, Real Estate and Relocation Services 240, San Jose Downtown Association 285, Competitive Art Capital Fund/Theatre San Pedro Fund 47, Land Banking for Future Development 287, San Pedro Square Urban Market 583, Job Creation Fund 2,237, Clean Tech Jobs Investment Fund 200,000 Economic Development $ 5,153,788 TOTAL USE OF FUNDS $ 6,589,648 III-9

28 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 1. Litigation Services/Reserves CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Strengthen Neighborhoods Litigation services and reserve for various litigation obligations. COUNCIL DISTRICT: EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency: 4,438, , , ,000 4,638,377 TOTAL 4,438, , , ,000 4,638,377 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 4,438, , , ,000 4,638,377 TOTAL 4,438, , , ,000 4,638,377 Note: Division: General Counsel FY Initiated: FY (Transferred from Operating Budget) Business Unit: III-10

29 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 2. Automatic Public Toilets CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Build Public Facilities Funding to lease seven (7) automatic public toilets (APT's) for downtown. COUNCIL DISTRICT: 3 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 6,192, , , , ,860 7,002,872 TOTAL 6,192, , , , ,860 7,002,872 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 6,192, , , , ,860 7,002,872 TOTAL 6,192, , , , ,860 7,002,872 Note: Division: Transactions and Housing Real Estate FY Initiated: FY Business Unit: III-11

30 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 3. Asset Management CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Build Public Facilities Funding to maintain real estate owned by the Agency pending development. COUNCIL DISTRICT: EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 9,663, , , ,000 9,993,749 TOTAL 9,663, , , ,000 9,993,749 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 9,663, , , ,000 9,993,749 TOTAL 9,663, , , ,000 9,993,749 Note: Division: Transactions and Housing Real Estate FY Initiated: FY Business Unit: III-12

31 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 4. Misc. Public Improvements CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Build Public Facilities Funding for potential unknown infrastructure improvements within redevelopment project areas. COUNCIL DISTRICT: EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 3,136,215 25,000 25,000 25,000 3,161,215 TOTAL 3,136,215 25,000 25,000 25,000 3,161,215 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 3,136,215 25,000 25,000 25,000 3,161,215 TOTAL 3,136,215 25,000 25,000 25,000 3,161,215 Note: Division: Transactions & Real Estate FY Initiated: FY Business Unit: III-13

32 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 5.Arena Employee Parking CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Build Public Facilities Funding to provide parking for Arena employees per agreement between the City and Arena Management. COUNCIL DISTRICT: 3 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency: 286, ,000 70,000 70, ,699 TOTAL 286,699 70,000 70,000 70, ,699 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 286, ,000 70,000 70, ,699 TOTAL 286, ,000 70,000 70, ,699 Note: Division: Business Development FY Initiated: FY Business Unit: III-14

33 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 6.Consultant Project Support Studies CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Build Public Facilities Master Agreements for engineering and other construction related support. COUNCIL DISTRICT: EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Adopted Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 386,433 87, ,510 87, ,943 TOTAL 386,433 87, ,510 87, ,943 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 386,433 87, ,510 87, ,943 TOTAL 386,433 87, ,510 87, ,943 Note: Division: Transactions & Real Estate FY Initiated: FY Business Unit: III-15

34 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 7. Autumn Street Infrastructure Plan CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Funding to support potential infrastructure development in the Diridon-Arena area, including completion of studies, design of Autumn Street extension to Coleman Ave; property acquisition, and construction of improvements. Completes the implementation of a major street segment within the Diridon Area Plan; provides better access to the Arena and downtown from the north; opens up new development opportunities adjacent to Autumn Street. COUNCIL DISTRICT: 3 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 7,275, , , , ,558 7,904,113 TOTAL 7,275, , , , ,558 7,904,113 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 7,275, , , , ,558 7,904,113 Excise Tax TOTAL 7,275, , , , ,558 7,904,113 Note: Division: Transactions & Real Estate FY Initiated: FY Business Unit: III-16

35 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 8. San Jose Innovation Center - Lease CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Lease payments for space at 100 E. Santa Clara Street, where the Environmental Business Cluster (EBC), U.S. Market Access Center (US MAC), and the San Jose Entrepreneur Center (ecenter) are located. The purpose of leasing a single building for all three programs is to reduce overall lease costs incurred by the Agency for the three programs. COUNCIL DISTRICT: 3 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 1,202, , , ,000 1,705,876 TOTAL 1,202, , , ,000 1,705,876 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 1,202, , , ,000 1,705,876 TOTAL 1,202, , , ,000 1,705,876 Note: Division: Business Development FY Initiated: FY Business Unit: III-17

36 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 9. Downtown Office & Retail Recruitment CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Downtown marketing, including retail attraction and retention, participation in regional and national trade conferences, downtown publications, retail research and surveys, support for key brokerage and owner/tenant relationships, compilation of vacancy data, and other consultant services for retail strategy implementation. COUNCIL DISTRICT: 3 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Retail Strategy 6,909,950 52,912 52,912 52,912 6,962,862 Downtown Marketing 818, ,131 Office Recruitment/Retention 206, ,400 Business Retention 135, ,396 TOTAL 8,069,877 52,912 52,912 52,912 8,122,789 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 8,069,877 52,912 52,912 52,912 8,122,789 8,069,877 52,912 52,912 52,912 8,122,789 Note: Division: Business Development FY Initiated: FY Business Unit: III-18

37 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 10. Real Estate and Relocation Services CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Provide in-house Real Estate coordination activities. These activities include but are not limited to: title reports, escrow coordination, appraisals, environmental investigation, negotiation, FF&E appraisals, loss of Goodwill estimates, relocation coordination/estimates, and general Real Estate Coordination per Agency direction. COUNCIL DISTRICT: EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency: 1,749, , , ,341 1,989,359 TOTAL 1,749, , , ,341 1,989,359 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 1,749, , , ,341 1,989,359 TOTAL 1,749, , , ,341 1,989,359 Note: Division: Transactions and Housing Real Estate FY Initiated: FY Business Unit: III-19

38 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 11. San Jose Downtown Association CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Marketing, advertising, and promoting downtown San Jose by the San Jose Downtown Association to enhance the identity, vitality, and livability of Downtown San Jose. COUNCIL DISTRICT: 3 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 9,270, , , ,912 9,556,136 TOTAL 9,270, , , ,912 9,556,136 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 9,270, , , ,912 9,556,136 TOTAL 9,270, , , ,912 9,556,136 Note: Division: Business Development FY Initiated: FY Business Unit: III-20

39 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 12. Competitive Art Capital Fund/Theatre San Pedro Fund CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Funding for Property Use Agreement to make Theater on San Pedro Square available to arts groups free of charge. COUNCIL DISTRICT: 3 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 807,698 47,012 47,012 47, ,710 TOTAL 807,698 47,012 47,012 47, ,710 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 807,698 47,012 47,012 47, ,710 TOTAL 807,698 47,012 47,012 47, ,710 Note: Division: Transactions and Housing Real Estate FY Initiated: FY Business Unit: III-21

40 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 13.Land Banking for Future Development CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Funding for land assembly including appraisals, relocation, environmental review, historic artifact preservation, civil engineering and utilities. COUNCIL DISTRICT: 3 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Funding Available Total Total Cost Paid Directly by Redevelopment Agency: 27,428, , , ,630 27,716,314 TOTAL 27,428, , , ,630 27,716,314 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 27,428, , , ,630 27,716,314 TOTAL 27,428, , , ,630 27,716,314 Note: Division: Transactions and Housing Real Estate FY Initiated: FY Business Unit: III-22

41 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 14. San Pedro Square Urban Market CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Agency DDA commitments for development of an urban market in the San Pedro Square district and to develop plans for pedestrianoriented streetscape improvements. COUNCIL DISTRICT: EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency: 5,416, , , ,413 5,999,999 TOTAL 5,416, , , ,413 5,999,999 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 5,416, , , ,413 5,999,999 TOTAL 5,416, , , ,413 5,999,999 Note: Division: Transactions & Real Estate FY Initiated: FY Business Unit: III-23

42 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 15. Job Creation Fund CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Funding is provided for the attraction or retention of companies with emerging technologies to support job creation. COUNCIL DISTRICT: EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency: 312, ,500 1,500,000 2,237,500 2,237,500 2,550,000 TOTAL 312, ,500 1,500,000 2,237,500 2,237,500 2,550,000 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 312, ,500 1,500,000 2,237,500 2,237,500 2,550,000 TOTAL 312, ,500 1,500,000 2,237,500 2,237,500 2,550,000 Note: Division: Business Development FY Initiated: FY Business Unit: III-24

43 MERGED REDEVELOPMENT AREA Proposed FY Capital Budget 16. Clean Tech Jobs Investment Fund CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Funding is provided for the attraction or retention of clean technology companies, and companies that provide support services to the clean technology industry, for support job creation. COUNCIL DISTRICT: EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency: 1,085, , , ,000 1,285,000 TOTAL 1,085, , , ,000 1,285,000 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 1,085, , , ,000 1,285,000 TOTAL 1,085, , , ,000 1,285,000 Note: Division: Business Development FY Initiated: FY Business Unit: III-25

44 PROPOSED CAPITAL BUDGET OPERATING BUDGET NEIGHBORHOOD BUSINESS INVESTMENT PROGRAM

45 NEIGHBORHOOD BUSINESS INVESTMENT PROGRAM REDEVELOPMENT AREA Proposed FY Capital Budget Proposed The Alameda PUBLIC PROJECTS Strengthen Neighborhoods 1. The Alameda - Parking Lease $ 40,000 The Alameda $ 40,000 Japantown PUBLIC PROJECTS Strengthen Neighborhoods 2. Japantown - Parking Lot Lease 57,000 Japantown $ 57,000 Other Programs DEVELOPMENT PROJECTS Economic Development 3. NBD - Façade Improvements $ 394, NBD - Program Operations 45,000 Other Programs - Development Projects $ 439,152 PUBLIC PROJECTS Strengthen Neighborhoods 5. NBD- Improvements $ 43,555 Other Programs - Public Projects $ 43,555 TOTAL USE OF FUNDS $ 579,707 III-26

46 NEIGHBORHOOD BUSINESS INVESTMENT PROGRAM REDEVELOPMENT AREA Proposed FY Capital Budget 1. The Alameda - Parking Lease CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Strengthen Neighborhoods Funding for public parking supply opportunities on The Alameda to promote business. COUNCIL DISTRICT: 6 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 84,621 40,000 40,000 40, ,621 TOTAL 84,621 40,000 40,000 40, ,621 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 84,621 40,000 40,000 40, ,621 TOTAL 84,621 40,000 40,000 40, ,621 Notes: Division: Business Development FY Initiated: FY Business Unit: III-27

47 NEIGHBORHOOD BUSINESS INVESTMENT PROGRAM REDEVELOPMENT AREA Proposed FY Capital Budget 2. Japantown - Parking Lot Lease CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Strengthen Neighborhoods Funding for parking lot lease to support Japantown Neighborhood Business District with public parking activity. COUNCIL DISTRICT: 3 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 162, ,000 57,000 57, ,066 TOTAL 162, ,000 57, , ,066 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 162, ,000 57, , ,066 TOTAL 162, ,000 57, , ,066 Notes: Division: Transactions and Housing Real Estate FY Initiated: FY Business Unit: III-28

48 NEIGHBORHOOD BUSINESS INVESTMENT PROGRAM REDEVELOPMENT AREA Proposed FY Capital Budget 3. NBD - Façade Improvements CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Provides assistance to business and property owners to upgrade building facades and create more attractive environment in NBD areas. COUNCIL DISTRICT: 3, 5, 6, 7 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 10,512, , , ,152 10,906,680 TOTAL 10,512, , , ,152 10,906,680 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 10,512, , , ,152 10,906,680 TOTAL 10,512, , , ,152 10,906,680 Notes: Division: Business Development FY Initiated: FY Business Unit: III-29

49 NEIGHBORHOOD BUSINESS INVESTMENT PROGRAM REDEVELOPMENT AREA Proposed FY Capital Budget 4. NBD - Program Operations CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Funding support for the Neighborhood Business District Associations including marketing, rent, utilities, training, and other expenses to assist Business District operations. COUNCIL DISTRICT: 1, 3, 5, 6, 7 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 2,291,809 45,000 45,000 45,000 2,336,809 TOTAL 2,291,809 45,000 45,000 45,000 2,336,809 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 2,291,809 45,000 45,000 45,000 2,336,809 TOTAL 2,291,809 45,000 45,000 45,000 2,336,809 Notes: Division: Business Development FY Initiated: FY Business Unit: III-30

50 NEIGHBORHOOD BUSINESS INVESTMENT PROGRAM REDEVELOPMENT AREA Proposed FY Capital Budget 5. NBD- Improvements CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Strengthen Neighborhoods Landscape/tree establishment services for Agency installed projects. COUNCIL DISTRICT: ALL EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 617,734 43,555 43,555 43, ,289 TOTAL 617,734 43,555 43,555 43, ,289 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 617,734 43,555 43,555 43, ,289 TOTAL 617,734 43,555 43,555 43, ,289 Notes: Division: Business Development FY Initiated: FY Business Unit: III-31

51 PROPOSED CAPITAL BUDGET OPERATING BUDGET STRONG NEIGHBORHOODS INITIATIVE

52 STRONG NEIGHBORHOODS INITIATIVE Proposed FY Capital Budget Proposed PUBLIC PROJECTS Strengthen Neighborhoods 1. Edenvale/ Great Oaks 384, Mayfair 950, Spartan/Keyes 34,000 Strengthen Neighborhoods $ 1,368,436 TOTAL USE OF FUNDS $ 1,368,436 III-32

53 CORE SERVICE: Strengthen Neighborhoods DESCRIPTION OF NEIGHBORHOOD PRIORITIES: LEAD AGENCY PROJECT TOTAL A. GONA Neighborhood Center: Install a community facility in the Great Oaks neighborhood. SJRA 243,828 B. ERCA Neighborhood Center: Replace the existing Edenvale Roundtable Community Association (ERCA) Center with the purchase of two existing SJRA 560,137 portables. Install neighborhood center at Edenvale Elementary School. C. Edenvale Community Center: Construction of approximately 20,204 sf community center at 330 Branham Lane. PRNS 17,870,821 D. Community Garden: Develop a community garden on City-owned land at the end of East Branham Lane and Discovery Avenue. Design and construct PRNS 175,000 garden. E. Skatepark: Develop a skateboard park within the vicinity of the Edenvale and Great Oaks neighborhoods. PRNS 440,633 F. Traffic Calming at Schools: Address traffic calming efforts in and around schools (K-8). DOT 20,333 G. ADA Curb Ramps: Construct ADA curb ramps. DOT H. Residential Traffic Calming: Implement traffic calming measures to reduce speeding in the neighborhood. DOT I. Improve Lighting: Design and construct lighting improvements. DPW 56,000 COUNCIL DISTRICT: 2 STRONG NEIGHBORHOODS INITIATIVE Proposed FY Capital Budget 1. Edenvale/ Great Oaks EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total A. GONA Neighborhood Center 243, ,828 B. ERCA Neighborhood Center 560, ,137 C. Edenvale Community Center 17,486, , , ,436 17,870,821 D. Community Garden 175, ,000 E. Skatepark 440, ,633 F. Traffic Calming at Schools 20,333 20,333 G. ADA Curb Ramps H. Residential Traffic Calming - I. Improve Lighting 56,000 56,000 TOTAL 18,982, , , ,436 19,366,752 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 13,675, , , ,436 14,059,752 City of San Jose 5,307,000 5,307,000 TOTAL 18,982, , , ,436 19,366,752 Notes: Division: SNI FY Initiated: FY Business Unit: III-33

54 STRONG NEIGHBORHOODS INITIATIVE Proposed FY Capital Budget 2. Mayfair CORE SERVICE: Strengthen Neighborhoods DESCRIPTION OF NEIGHBORHOOD PRIORITIES: LEAD AGENCY PROJECT TOTAL A. Adult Learning Center: Establish a new adult learning center. PRNS 3,200,000 B. Street Lighting: Upgrade street lighting throughout the neighborhood to meet current standards. DPW 343,470 C. Traffic Calming: Investigate identified neighborhood traffic issues. Develop, review, and implement traffic calming plan. DOT 710,358 D. Park Development: Funds for future park development. PRNS E. ACE Charter School: Provide predevelopment funding to establish a permanent site for ACE Charter School. SJRA 1,000,000 COUNCIL DISTRICT: 5 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total A. Adult Learning Center 3,200,000 3,200,000 B. Street Lighting 343, ,470 C. Traffic Calming 710, ,358 D. Park Development E. ACE Charter School 50, , , ,000 1,000,000 TOTAL 4,303, , , ,000 5,253,828 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 4,193, , , ,000 5,143,828 Transfer from City CDBG Fund 110, ,000 TOTAL 4,303, , , ,000 5,253,828 Notes: Division: SNI FY Initiated: FY Business Unit: III-34

55 STRONG NEIGHBORHOODS INITIATIVE Proposed FY Capital Budget 3. Spartan/Keyes CORE SERVICE: Strengthen Neighborhoods DESCRIPTION OF NEIGHBORHOOD PRIORITIES: LEAD AGENCY PROJECT TOTAL A. Open Space: Evaluate and develop open space in Spartan/Keyes and Martha Gardens areas. PRNS 155,245 B. Traffic Calming: Implement needed traffic calming. DOT 1,053,896 C. Keyes Streetscape: Prepare and implement a streetscape improvement plan for Keyes Street. SJRA 1,026,662 D. Revitalize Businesses: Revitalize and attract neighborhood-friendly businesses along Keyes Street. SJRA 229,438 E. Art Oriented Uses: Develop arts-oriented uses in the Martha Gardens area. SJRA 100,000 F. Noise Study: A noise analysis along Highway 280 and neighborhood truck routes has been completed. DOT 43,000 G. Access to Schools: Improve pedestrian access to Lowell Elementary and Washington Elementary Schools. DOT 25,000 H. Neighborhood Center: Establish a neighborhood center to provide programs and services to neighborhood residents SJRA 158,964 I. Alleyways: Improvements SJRA COUNCIL DISTRICT: 3 & 7 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total A. Open Space 155, ,245 B. Traffic Calming 1,053,896 1,053,896 C. Keyes Streetscape 1,026,662 1,026,662 D. Business Façade 229, ,438 E. Art Oriented Uses 100, ,000 F. Noise Study 43,000 43,000 G. Access to Schools 25,000 25,000 H. Neighborhood Center 124,964 34,000 34,000 34, ,964 I. Alleyways TOTAL 2,758,205 34,000 34,000 34,000 2,792,205 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 2,758,205 34,000 34,000 34,000 2,792,205 TOTAL 2,758,205 34,000 34,000 34,000 2,792,205 Notes: Division: SNI FY Initiated: FY Business Unit: III-35

56 PROPOSED CAPITAL BUDGET OPERATING BUDGET PARK CENTER

57 PARK CENTER REDEVELOPMENT AREA Proposed FY Capital Budget Proposed DEVELOPMENT PROJECTS Economic Development 1. Adobe: Water Monitoring $ 70,000 Economic Development $ 70,000 TOTAL USE OF FUNDS $ 70,000 III-36

58 PARK CENTER REDEVELOPMENT AREA Proposed FY Capital Budget 1. Adobe: Water Monitoring CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development For environmental monitoring, testing, and reporting services for the Adobe Sites located at 151 Almaden Boulevard and 345 Park Avenue. Outlined in DDA to continue environmental monitoring obligations for Adobe Headquarters project. COUNCIL DISTRICT: 3 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 387,259 70,000 70,000 70, ,259 TOTAL 387,259 70,000 70,000 70, ,259 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 387,259 70,000 70,000 70, ,259 TOTAL 387,259 70,000 70,000 70, ,259 Notes: Division: Transactions and Real Estate FY Initiated: FY Business Unit: III-37

59 PROPOSED CAPITAL BUDGET OPERATING BUDGET RINCON DE LOS ESTEROS

60 RINCON DE LOS ESTEROS REDEVELOPMENT AREA Proposed FY Capital Budget Proposed DEVELOPMENT PROJECTS Economic Development 1. Emerging Technologies Fund $ 800, Development Opportunities 1,500,000 Economic Development $ 2,300,000 TOTAL USE OF FUNDS $ 2,300,000 III-38

61 RINCON DE LOS ESTEROS REDEVELOPMENT AREA Proposed FY Capital Budget 1. Emerging Technologies Fund CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Funding is provided for the attraction or retention of companies with emerging technologies to support job creation. COUNCIL DISTRICT: 4 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 800, , , ,000 TOTAL 800, , , ,000 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 800, , , ,000 TOTAL 800, , , ,000 Notes: Division: Business Development FY Initiated: FY Business Unit: III-39

62 RINCON DE LOS ESTEROS REDEVELOPMENT AREA Proposed FY Capital Budget 2. Development Opportunities CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Economic Development Funding is provided for the retention or attraction of companies to support job creation. COUNCIL DISTRICT: EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 2,650,000 1,500,000 1,500,000 1,500,000 4,150,000 TOTAL 2,650,000 1,500,000 1,500,000 1,500,000 4,150,000 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 2,650,000 1,500,000 1,500,000 1,500,000 4,150,000 TOTAL 2,650,000 1,500,000 1,500,000 1,500,000 4,150,000 Notes: Division: Business Development FY Initiated: FY Business Unit: III-40

63 PROPOSED CAPITAL BUDGET OPERATING BUDGET SAN ANTONIO PLAZA

64 SAN ANTONIO REDEVELOPMENT AREA Proposed FY Capital Budget Proposed PUBLIC PROJECTS Build Public Facilities 1. Block 3: Central Place Parking Garage $ 260,000 Build Public Facilities $ 260,000 TOTAL USE OF FUNDS $ 260,000 III-41

65 SAN ANTONIO REDEVELOPMENT AREA Proposed FY Capital Budget 1. Block 3: Central Place Parking Garage CORE SERVICE: DESCRIPTION/ JUSTIFICATION: Create Jobs and Expand Business Funding for design, fabrication and installation of pedestrian, vehicular, and informational way-finding signage; parking office equipment and furniture; and parking garage equipment and supplies including mechanical sweeper/scrubber. COUNCIL DISTRICT: 3 EXPENDITURE SCHEDULE Cumulative Thru Appropriation Project Cost Elements 4/2011 Carryover Enc. Proposed Budget Funding Available Total Total Cost Paid Directly by Redevelopment Agency 505, , , , ,911 TOTAL 505, , , , ,911 FUNDING SOURCE SCHEDULE Redevelopment Agency Capital Fund 505, , , , ,911 TOTAL 505, , , , ,911 Notes: Division: Transaction & Real Estate FY Initiated: FY Business Unit: III-42

66 CAPITAL PROJECTS ACCOMPLISHMENT

67 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS I. Promote and Implement Neighborhood Improvement Strategies (Accomplished by: Business Development Division and Strong Neighborhoods Initiative Division) A. Neighborhood Business Districts, Neighborhood Business Clusters, and Strong Neighborhoods Initiative Commercial Areas 1. Continued the Façade Improvement Program (FIP) for the Neighborhood Business District (NBD) Project Areas and the Neighborhood Business Cluster (NBC) Project Area. 2. Business Association Activities and Neighborhood Business District development. a. Provided business managers/liaisons for nine Business Associations: Alum Rock Village, East Santa Clara Street, Japantown, Story Road, The Alameda, West San Carlos Street, Willow Street (Calle Willow), North 13 th Street (Luna Park), and Winchester Boulevard. b. Facilitated and promoted NBD events including: Alum Rock Light Up the Village, Alum Rock Salsa Festival, the Spirit of Japantown, Luna Park Chalk Art Festival on North 13 th Street, The Alameda Rose, White and Blue Parade, The Alameda Annual Tree Lighting Ceremony, the Burbank Jamboree on West San Carlos Street, the Willow Street Posada event, and the Winchester Business Association Barbecue-Cook off. c. Coordinated quarterly business/networking mixers in each NBD area. d. Facilitated mixed-use and commercial site development in the NBDs or NBC. e. Worked with the Department of Planning, Building and Code Enforcement to prepare and adopt an ordinance establishing a Form-based Zoning District on Alum Rock Avenue between King Road and I-680. The provisions, renamed the Main Street Districts in a new Zoning Ordinance chapter entitled Pedestrian Oriented Zoning Districts, was adopted by the City Council on November 10, f. Continued collaboration with Valley Transportation Authority (VTA), Department of Transportation, and other groups for VTA s proposed Bus Rapid Transit (BRT) system on Alum Rock Avenue and East Santa Clara Street. Preliminary design phase started in March 2010 and completed in June g. Assisted West San Carlos Street NBD to establish a Community Benefit Improvement District (CBID). h. Completed the Winchester Boulevard Enhancement Strategy, which was accepted by the Agency Board on March 22, IV-1

68 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) i. Continued to work with The Alameda Steering Committee (TASC) to implement the plans for The Alameda: A Plan for The Beautiful Way Caltrans Community-Based Transportation Project. The Plan was completed in April 2010, and accepted by the Agency Board on June 15, j. Initiated the process to establish a Maintenance District for The Alameda NBD. Conducted two meetings with property owners. k. Updated the annual strategic business plan and budget for each NBD. l. Continued to strengthen partnerships between the Business Associations and the NACs and residential associations. m. Provided training to build capacity and promote programs to improve the Business Associations and Business Districts. n. Continued to provide establishment services for street trees planted by the Agency during the last five years. o. Continued to monitor and evaluate parking conditions throughout the NBDs. p. Coordinated NBD Open House events and Ribbon Cutting Ceremonies for new and existing businesses. 3. Neighborhood Retail Development a. Continued neighborhood retail recruitment program for the NBDs, the NBCs and the Strong Neighborhoods Initiative (SNI) commercial areas. b. Provided assistance with leasing activities for several key sites in the NBDs to improve tenant mix and viability. c. Contacted retail property owners to obtain information on leasing activities. Completed a retail vacancy report for each of the NBDs. d. Continued to provide consultation on retail space design and tenant mix to developers and property owners to ensure that quality, retail-ready space is available. e. Expanded technical support for existing businesses using consultants with expertise in retail and restaurant operations, merchandising and leasing issues. f. Conducted two restaurant seminars, providing information on industry trends, including design, wine, legal and human resources. IV-2

69 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) B. Strong Neighborhoods (SNI) The accomplishments in the Strengthen Neighborhoods section include those of Strong Neighborhoods which is jointly funded by the Redevelopment Agency and the City of San Jose, as such some of the accomplishments of that team are supported by non- Redevelopment funds. 1. Provided meaningful and visible change in Strong Neighborhoods areas through the following objectives: a. Created the Strong Neighborhoods division within the Redevelopment Agency to implement and focus on the new business plan (City Council approved new business plan update on August 10, 2010). b. Ensured thirteen neighborhoods most in need are cleaner, safer and more engaged: Completed 21 Neighbor Walks, a program designed for neighbors of all ages to improve their health and the health of their communities. Engaged over 340 volunteers. Established Neighborhood Watch in seven neighborhoods. Organized dumpster days and community clean-ups. Implemented a safe school passage program in partnership with three schools. Recruited 93 volunteers for the anti-graffiti program. c. Continued single-family home rehabilitation program in the eight neighborhoods of KONA, Delmas Park, Greater Gardner, Washington, East Valley/680, 13 th Street, Winchester, and Five Wounds/Brookwood Terrace. Completed 19 projects. d. Continued the Blight Busters Program by supplementing the existing Code Enforcement Driveway Team program. This program addresses neighborhood priorities to resolve blighted conditions within the Strong Neighborhoods areas through empowering interested and participating residents through organizing and community participation training. e. Continued providing training for residents to develop enhanced community participation. f. Continued working with the Housing Department to implement the federal Housing and Economic Recovery Act 2008 Neighborhood Stabilization Program grant program. The grant program is for the acquisition and rehabilitation of foreclosed and bank owned single-family homes. IV-3

70 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) g. Continued working with the Housing Department to implement the Community Development Block Grant Program leveraging $1,193,728 in new curb cuts and LED streetlights for SN areas. The grant program provides funding to support services that benefit low- and moderate-income persons, resolve slum and blight concerns, or addresses community development needs. h. Continued working with the Mayor s Gang Prevention Task Force and the BEST Program to ensure safe and healthy opportunities for San Jose s youth. i. Leveraged 183,086 pounds of food and $934,404 in food value received from our partnership with Second Harvest Food Bank of Santa Clara and San Mateo Counties to benefit the following SN communities that hosted Produce Mobile and/or Mobile Pantry: Edenvale/Great Oaks; Five Wounds/Brookwood Terrace; Gateway East; Hoffman/Via Monte; KONA; and Tully-Senter. j. Leveraged $2,125,000 in Strong Neighborhoods partnership support through the following entities and programs: Knight Foundation/CEOs for Cities Give A Minute community development web-based platform. ESD LEED Housing Grant Better Buildings Program, a low-income home energy retrofit program targeted to Dorsa (East Valley/680) and TOCKNA (KONA). East San Jose Weed and Seed Federally funded Department of Justices program focused on crime and gang suppression activities in Dorsa and TOCKNA. CommUniverCity Partnership in Five Wounds/Brookwood Terrace and Tully/Senter that includes support from SJSU, PG&E, Comcast, Health Trust, Silicon Valley Community Foundation, and Kaiser Foundation. EPA Clean, Safe Creeks Program with ESD in Tully/Senter, Five Wounds/Brookwood Terrace and Spartan/Keyes to demonstrate an integrated, multidisciplinary approach to reduce trash in urban creeks as a result of illegal encampments, illegal dumping, and other behaviors such as graffiti and vandalism. k. Diridon Station Area Good Neighbor Committee- Redevelopment Agency Board and City Council approved the Diridon Station Area Framework for Implementation. The Framework focused on land use, neighborhood quality of life, parking and traffic, parks and trails, pedestrian and bicycle connections and connectivity, and public transportation systems. For each interest area the Framework identifies the top three priorities to guide future implementation. IV-4

71 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) 2. Accomplished the following projects and programs specified by the Strong Neighborhoods: a. 13 th Street i. Priority 1 Completed construction for Transportation and Pedestrian Environment Improvement Projects: - Julian couplet conversion - 3 rd /4 th Street enhancements ii. Priority 8 - Began Backesto Park enhancements. Watson Park Phase I soil remediation underway. b. Blackford Transitioned NAC to self-sustaining organization. c. Burbank/Del Monte Transitioned NAC to self-sustaining organization. Priority 2 Through Proposition 84 grant funding, PRNS received $600,000 to expand Buena Vista Park in the Burbank neighborhood. d. Delmas Park Transitioned NAC to self-sustaining organization. e. East Valley/680 Communities Priority 4 Completed construction of Hillview Park tot lot improvements. f. Edenvale/Great Oaks Priority 3 Collaborated with service providers through the Santa Clara County s Communities of Excellence in Nutrition, Physical Activity and Obesity Prevention to develop programming, workshops and events on healthy living opportunities. Priority 9 Organized three Neighborhood Watch programs. Top Priority - Initiated the rehabilitation of the two multi-housing buildings purchased under the Housing and Economic Recovery Act 2008 Neighborhood Stabilization Program. g. Five Wounds/Brookwood Terrace Priority 1 Installation of pedestrian LED lighting on 24 th Street underway from William Street to East Santa Clara Street with final installation of LED bulbs. IV-5

72 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) Priority 9 Completed community vision and planning exercise Phase I for future Rail to Trail Corridor from William Street to future BART Station at 28 th Street in collaboration with SJSU Urban Planning Department. Partnered with CommUniverCity to assist residents in planning and implementing beautification/blight removal activities and programs that improve the quality of life in the neighborhood. h. Gateway East Priority 7 Improved pedestrian safety through traffic signal improvement on King Road at Kammerer Avenue. i. Greater Gardner Transitioned NAC to self-sustaining organization. j. Hoffman/Via Monte Priority 7 Continued resident engagement to plan and offer classes and programs to the community. Priority 9 Continued with proactive code enforcement efforts. k. KONA Priority 4 Façade improvements for King Ocala Retail Center substantially complete. Ribbon Cutting on April 21, l. Market/Almaden Transitioned NAC to self-sustaining organization. Priority 10 Undergrounding utilities underway throughout the remaining half of Market/Almaden area with 205 parcels complete and three remaining. m. Mayfair Transitioned NAC to self-sustaining organization. Priority 2 Provided funding to establish a permanent site for ACE Charter School. Priority 7 - Improved safety through traffic signal improvement on King Road at Kammerer Avenue. n. Spartan/Keyes Priority 3 Identified and recruited partners/service providers/volunteers to provide programming, classes and workshops for the Spartan/Keyes Neighborhood Action Center. IV-6

73 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) o. Tully/Senter Priority 1 Established a multi-service community facility that also provides space for multi-service providers within the Santee neighborhood, which benefits the entire SNI area: - Completed facility improvements to Santee Neighborhood Action Center leveraging an additional $50,000 in volunteer hours. - Continued to collaborate with Franklin McKinley School District (FMSD) to develop a multi-use community facility at Santee Elementary School. FMSD has fundraised $1.5 million in funding towards the Educare multiuse facility with an additional $4.5 million required to complete the project. Priority 3 Through Proposition 84 grant funding, PRNS received $400,000 toward building Nisich Park. Completed construction of Nisich Park. Priority 6 - Continued with proactive code enforcement efforts. Priority 8 Continued to provide space for English as a Second Language adult classes. Priority 10 Increased the number of dumpster days. Top Priority Continued Franklin McKinley Children s Initiative in partnership with Franklin McKinley School District and Catholic Charities to ensure Santee children and adults thrive. Assisted NVIDIA Foundation and Schamhl Schools Science Workshops in the implementation of a Victory Garden project to supply the Rocksprings neighborhood with the tools to build and establish 60 garden beds for local families at History Park San Jose. p. Union/Curtner No stated goals/objectives for FY due to funding restrictions. q. University Transitioned NAC to self-sustaining organization. Priority 10 - Completed design and build phase of O'Donnells Gardens Park. r. Washington Created partnership with Santa Clara University to assist residents in planning and implementing beautification/blight removal activities and programs that improve the quality of life in the neighborhood. IV-7

74 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) s. West Evergreen Priority 2 Completed improvements to Barberry Lane Trail. t. Winchester Transitioned NAC to self-sustaining organization. IV-8

75 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) II. Enhance the Quality and Supply of the City s Housing Stock (Accomplished by: Transactions and Real Estate Division) A. Housing Development 1. Negotiated and completed a DDA Amendment for the North San Pedro Housing project and the 360 Residences project. 2. Continued to work with neighborhood groups to assure compatibility and acceptance of proposed housing projects. 3. Continued to work with Developers concerning the infrastructure improvements for the North San Pedro Housing Site that are required before private investment can occur including the realignment of Julian Street, widening and conversion of Saint James to two-way traffic, utility work, two new parks, and the expansion of Pellier Park. 4. Attained unrestricted closure letter for Japantown Corporation Yard reuse site. B. Real Estate Services 1. Real Estate Transactions Completed a. Sale of 101 San Fernando to Essex b. Sale of Fairmont Annex Retail to Imwalle Development c. Sale of Fountain Alley Parking Lot to Next Realty d. Sale of Block 3, Phase II to The Sobrato Organization 2. SNI a. Provided real estate services including estimates of value, acquisition and relocation negotiation and services, appraisals, title escrow, entitlement, and environmental audits as necessary. 3. Downtown Housing Sites a. Continued work to acquire sites in the Diridon Mixed-Use Site Area and managed real estate services including: real estate appraisals, goodwill appraisals, FF&E appraisals, relocation consultant, relocation plan, and environmental consultant. IV-9

76 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) C. Transactions 1. Created and released solicitation for six Agency properties, Fairmont Parking Garage, Fairmont Annex Retail, East Santa Clara Development Site, Fountain Alley Parking Lot, Block 3 Phase II and Block 4 retail. 2. A Second Amendment to the MACLA Lease was executed on March 15, The Amendment extended the term of the lease for two years to May 31, A new lease was executed between Camera 3 and the Agency on September 14, A Fifth Amendment to the FedEx office lease was executed on September 14, A Second Amendment to the ground lease with FC Pavilion Theatre, LLC was executed on March 8, 2011 in order to keep the Camera 12 Theater viable in Downtown. 6. Managed the Building Rehabilitation and Loan Agreement with Urban Markets, LLC for the San Pedro Square Urban Market Project. Worked in conjunction with the City s Office of Economic Development to help facilitate the project. D. Property Management/Asset Management 1. Provided Asset Management and Property Management services for 145 Agency owned properties including: lease administration, tenant relations, rent collection, site security (against vandalism and arson). Provided support services for acquisition, relocation, valuation and project management for all current and potential Agency properties. 2. Amended settlement agreements with Patty s Inn at 102 S. Montgomery Street extending the term of the agreement to June 30, Reduced the cost of the Agency s general liability and property insurance policies by $58,000 from $120,000 in FY to $62,000 in FY Provided eight real estate valuation estimates and reviewed and critiqued seven formal appraisal reports ordered by the Agency or City for various projects. 5. Executed nine Property Use Agreements or Right of Entry Agreements for Agency owned properties. Examples of the agreements include: Cinequest (Fairmont IV-10

77 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) Annex), MACLA (500 S. 1 st ), Zero 1 Festival (500 S. 1 st Street and Environmental Services (175 E. Santa Clara). 6. Managed eight vendor contracts for insurance brokerage, electrical services, security services, handyman services, landscaping services, janitorial/ maintenance services, model art services and pressure washing services. 7. Provided assistance to secure $100 million letter of credit with JP Morgan by estimating the value of all the Agency s assets. 8. Provided Keyser Marston Associates with very detailed property information (income projections, leases, DDAs, etc) that was required in order for them to independently value the Agency s Assets. IV-11

78 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) III. Initiate and Facilitate Public Facilities and Spaces (Accomplished by: Project Management Division and Design Services Division) A. Design and Construction 1. Convention Center Expansion a. Assisted the Department of Public Works in the solicitation and selection of a Design Build contractor. 2. Guadalupe River Park a. Completed plans and specifications for demolition of structures in preparation for the Autumn Street extension project. b. Coordinated with the City s Department of Parks, Recreation and Neighborhood Services, Santa Clara Valley Water District, and the Army Corps of Engineers for temporary routing of the Guadalupe River Trail required by the Corps construction of a railroad bridge across the River. 3. Downtown Streetscape Program a. Completed the painting of deteriorated traffic signal poles. 4. North San Pedro Housing Infrastructure a. Completed design for the initial street modifications to accommodate residential development. b. Prepared contracts with utility companies for the undergrounding of overhead utility lines in the area. c. Approved developer design for the proposed park within the development. 5. Civic Auditorium a. Completed Phase 2 improvements, including ADA upgrades and improvements to sound system and replacement of fixed and portable seating within the auditorium. b. Awarded and completed contracts for the acquisition of new concession equipment and the build-out of five concession areas to complete the modernization project. 6. Provided project management assistance to the developers to assist in completion of the off-site improvements for the San Pedro Square Urban Market project. 7. Awarded LEED Gold certification for the Edenvale Community Center project. 8. Completed transformer and other infrastructure upgrades at the San Jose Municipal Stadium. IV-12

79 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) 9. Completed Hillview Park improvements to add new play structures and create a new tot lot. 10. Assisted Children s Discovery Museum with solicitation and selection of design build contractor to begin improvements supporting the Lupe exhibit, which relates to the fossilized juvenile woolly mammoth found in the Guadalupe River, using state grant funds obtained by the Museum. 11. Developed an urban design plan for future land use that could be a catalyst for future development in the broader Saint James Park Area. 12. Developed a sidewalk café scheme that enhances business frontage on San Fernando Street. 13. Provided in-house architectural schematic design for ground floor improvements to the new San Jose Innovation Center on Santa Clara Street. B. Planning and Development 1. Provided project management support to San Jose Downtown Association to facilitate the production of Downtown Ice, an ice skating rink in the Circle of Palms. 2. Extended Redevelopment Plan time limits in accordance with state law to reduce the impacts of the State of California s SERAF take. 3. Assisted the Arena Authority, Sharks Ice, San Jose Giants, Happy Hollow Zoo, San Jose State University, and the City of San Jose in developing coordinated event planning and parking programs for the South Campus Area. 4. Diridon Station Area: a. Completed the Supplemental Environmental Impact Report for the proposed baseball park in the Diridon Area. b. Analyzed ballpark infrastructure: Prepared infrastructure cost analysis for proposed Ballpark Site. c. Conceptual development of gateway projects into Downtown and pedestrian connections between Downtown and the Diridon area (Underpasses, PG&E substation). d. Proposed Ballpark: Ongoing urban design studies and concepts for the integration of a Major League Baseball stadium in the Diridon Area, including the mixing of major transportation, circulation, future development potential while continuing to translate policy objectives from Mayor, City Council and Executive Staff into tangible urban design objectives to create a defined district in the Downtown. IV-13

80 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) e. Proposed Ballpark parking: Provided study for Major League Baseball consideration on feasibility of on-site parking. f. Diridon: Provided ongoing urban design input for land use decisions in the area in conjunction with High Speed Rail. g. One Engine Inoperative (OEI): Provided ongoing development impact analysis of Airport OEI policies for Executive Staff by translating abstract technical data into a more quantifiable and tangible format that can be used to formulate Agency policy, particularly in the Diridon /Ballpark area. h. High-Speed Rail: Prepared multiple studies of underground alignments. i. Diridon Station Area Development Studies: Prepared multiple land use, development and massing studies for different high-speed rail alignments. j. Diridon Station Area Plan (MTC Grant): Design advice in support of Field Paoli's consulting efforts and detailed review of existing conditions and alternatives analysis reports. 5. Completed Guadalupe River technical committee efforts with the result that the Friends of the Guadalupe River reconstituted itself as the Guadalupe River Conservancy to better pursue its mission. 6. Developed an urban design plan for the Mitchell Block for future land use that could be a catalyst for future development in the broader Saint James Park Area. 7. Served as Agency liaison to The Alameda Steering Committee for design-related matters and provided input to the BMS consultant team for the The Alameda Community Transportation Plan. 8. Prepared multiple site plans for alternative land uses to replace vacant car dealerships for the Capitol Expressway Auto Mall. 9. Santa Clara - Alum Rock BRT: Prepared alternative BRT alignment studies for the King to I-880 section and alternative BRT station plan for Transit Mall stops. 10. Prepared an alternative floor plan for the Fourth & St. John Housing (Donner Lofts) to improve its relationship to the City Hall garage. Solution incorporated in final proposal. 11. Prepared site plans for the AT&T site, 485 S. Monroe St. for alternative land use configurations. IV-14

81 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) IV. Initiate and Facilitate Private Development (Accomplished by: Business Development Division) A. Downtown Development 1. Continued Implementation of Retail Strategy a. Continued efforts to retain businesses in the Downtown. b. Continued focused retail recruitment efforts in the Downtown in order to create synergistic co-tenancies. c. Provided consultation on retail space design and tenant mix to developers, property owners, prospective tenants, and brokers. Specifically, Agency staff developed alternative layouts for use of historic Hales Department Store (also known as Valley Title building). d. Continue to pursue recruitment of soft goods (i.e. apparel, office supplies) and hard goods (i.e. furniture) tenants to increase retail vitality in Downtown. e. Continued to market Agency-assisted projects, including the Fourth Street Garage, Fairmont Annex, Bassler-Haynes/Dr. Eu, and Kotansky/Fountain Alley Building retail spaces. f. Continued to assist with retail recruitment activities to market opportunities at the San Pedro Square Public Market. g. Actively participated in retail conferences to promote retail opportunities in Downtown and the neighborhoods, including International Council of Shopping Centers (ICSC) regional and national conferences. h. Continued to provide permit assistance to retailers in collaboration with the City s Planning, Building, and Code Enforcement. i. Continued to collaborate with City staff on retail trends, issues, and opportunities. j. Provided technical assistance to restaurants in collaboration with a restaurant consultant. k. Assisted with grand opening and ribbon cutting events for new and existing tenants. 2. Corporate Outreach and Retention a. Continued implementation of the office recruitment and retention program for the Downtown. b. Continued outreach and education efforts to facilitate companies locating or expanding in the Downtown. IV-15

82 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) c. Continued facilitating the permit process for office tenants. d. Continued outreach program to encourage businesses to take advantage of the Enterprise Zone tax benefits. 3. Downtown Promotion a. Continued to promote Downtown locally and regionally through marketing activities including walking maps, event brochures, multimedia campaigns, and the Downtown web portal. b. Continued to assist the Downtown Association with marketing and promotional efforts for Downtown events and programs. c. Continued to participate in the Communications Working Group facilitated by the Mayor s Office to coordinate efforts with other marketing partners to promote Downtown and the city of San Jose. 4. Facilitate an Active Downtown a. Continued to activate public spaces and vacant commercial spaces with artsrelated retail and programming. B. Industrial Development Program 1. Business Attraction, Retention and Expansion a. Implemented an outreach plan to encourage the placement and expansion of companies in the industrial redevelopment project areas: Rincon de Los Esteros (North San Jose), Edenvale, Monterey Corridor, Julian/Stockton, and Olinder. This plan includes retention visits with companies which have leases that will expire in the near-term future. b. Implemented an attraction and retention program for clean technology and emerging technology companies, including location and expansion assistance, collaboration with the City on the creation of a clean technology demonstration center, and collaboration with local colleges as well as industry organizations like the Clean Tech Open. c. Retained Sunpower, Maxim, and Sunpods and attracted C 8 MediSensors, Hospira, and SolFocus to San Jose, adding thousands of jobs to the City. d. Continued to administer the Enterprise Zone (EZ) program. Specifically, EZ staff issued 1,952 hiring tax credit vouchers to 248 businesses. Staff worked with the City lobbyist in Sacramento to oppose any action to eliminate the Enterprise Zone program. To date, these efforts were successful. e. Responded to location assistance requests from companies and brokers seeking space for corporate growth. IV-16

83 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) f. Met with broker, property owner, property management, and developer associations, as well as real estate brokers and development firms, to promote the redevelopment project areas as prime corporate locations and familiarize these organizations with Agency business assistance programs. g. Coordinated an ongoing educational program and information exchange with the Association of Silicon Valley Brokers, to inform the brokerage community about the advantages of locating businesses in redevelopment project areas and to share information about trends in the real estate markets. h. Organized informational sessions and bus tours of North San Jose, Edenvale, and the Monterey Corridor for real estate brokers and developers. 2. Corporate Development a. Assisted companies, developers, and brokers with the land use and entitlement process. b. Facilitated the building permit process for companies locating in redevelopment project areas through the Special Tenant Improvement (STI) Program and the Industrial Tool Installation (ITI) Program. c. Facilitated the building permit process for companies that are expanding in redevelopment project areas. 3. San Jose Incubator Program a. Renewed the 501(c)(3) non-profit status of the San Jose BioCenter. b. Continued to work with companies graduating from the San Jose BioCenter, the Environmental Business Cluster, and the U.S. Market Access Center, to help them locate expansion space in redevelopment project areas. 4. Rincon de Los Esteros (North San Jose) a. Promoted the development of North San Jose in accordance with the Vision North San Jose Area Development Policy, Implementation Strategy, and Urban Design Guidelines, which were accepted by the City Council on June 8, b. Monitored progress of the U.S. 101/Trimble Road Environmental Impact Report and the Charcot Overcrossing Study Project Report. c. Monitored the progress of the development project. d. Analyzed and provided comments on land use and development applications submitted for sites in North San Jose. e. Coordinated a public-private sponsored business appreciation event for companies located in North San Jose, where 45 representatives of 35 companies attended. IV-17

84 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE ACCOMPLISHMENTS (Cont d) f. Developed a land-use map of North San Jose that will be used to further promote the redevelopment project area. g. Completed the Charcot/Orchard Median Island Pavement project at the intersection of Charcot Avenue and Orchard Parkway. 5. Edenvale a. Coordinated a ribbon-cutting ceremony for Equinix's new 170,000 square foot data center. b. Monitored the progress of large development projects, including the Hitachi site. c. Implemented the Edenvale corporate outreach program by meeting with 10 Edenvale companies. d. Coordinated a public-private sponsored business appreciation event for companies located in Edenvale, where 35 representatives of 20 companies attended. 6. Monterey Corridor a. Worked with companies located in the project area to help resolve truck routing issues affecting the adjacent Spartan/Keyes neighborhood. b. Coordinated a ribbon cutting ceremony for Eco Offsite, a builder of custom modular homes. IV-18

85 PROPOSED CAPITAL BUDGET OPERATING BUDGET OPERATING BUDGET

86 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE PROPOSED OPERATING BUDGET BUDGET SUMMARY % Adopted Revised Proposed Change Authorized Positions (FTE) % Operating Budget (All Funds) $ 20,867,879 $ 1,900,000 * -91% Budget Goals and Highlights FY The Redevelopment Agency of the City of San Jose s (Agency) Proposed Operating Budget (Operating Budget) for FY reflects a continuing reduction in the Agency s overall operating expenditures, as a result of scaled back level of projects and programs in the Agency s Capital Budget. Including last two year s lay-off, the Agency has reduced its work force by a total of 109 positions, or 91 % of its workforce, bringing the total number of authorized positions of 119 at beginning of FY to Proposed FY level of 10. The FY Proposed Operating Budget of $1.9 million reflects an overall reduction of 91% from the Adopted FY Revised Budget. In FY the Agency provide $4.2 million for City services directly and indirectly related to the Agency s capital projects and programs. For FY funding for City services is reduced to $250,000 for Mayor and Council, HR, IT and service of the Clerk.. General Counsel personnel services reflects a decrease of approximately $793,000 to $250,000 or 76% decrease from the prior fiscal year adopted revised budget. The Proposed FY Operating Budget for Non-Civil Service - Personnel costs reflect a decrease of approximately $10.2 million or 86% to $1.0 million from the last fiscal year adopted revised budget. Non-personnel for the Proposed FY Operating Budget totals $400,000, of which $100,000 is for payment to City for office space rent. The Proposed FY operating budget of $1.9 million does not include a carry-over encumbrance balance of $400,000 as of April 30, V - 1

87 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE FY PROPOSED OPERATING BUDGET BUDGET SUMMARY (Cont'd) % Actual Adopted Adopted Revised Proposed Change Dollars by Category (3 to 4) Personnel Services Civil Service (SJRA) $ 1,896,262 $ 1,832,171 $ 1,697,019 $ % Civil Service (GCO ) 1,211, ,000 1,042, ,000-76% Non-Civil Service 10,440,770 9,480,532 11,804,531 1,000,000-92% Personnel Services $ 13,548,633 $ 11,489,703 $ 14,544,366 $ 1,250,000-91% Non-Personnel 2,059,131 2,155,200 2,155, ,000-81% Subtotal-Direct Agency $ 15,607,764 $ 13,644,903 $ 16,699,566 $ 1,650,000-90% City Support Services $ 3,943,694 $ 4,224,158 $ 4,168,313 $ 250,000-94% Total $ 19,551,458 $ 17,869,061 $ 20,867,879 $ 1,900,000-91% V-2

88 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE FY PROPOSED OPERATING BUDGET BUDGET DETAIL Actual Adopted Estimated Proposed PERSONNEL SERVICES Salaries/Retirement $ 11,832,299 $ 9,340,058 $ 12,940,058 $ 1,100,000 Other Benefits 1,716,334 1,604,308 1,604, ,000 Total Personnel $ 13,548,633 $ 10,944,366 $ 14,544,366 $ 1,250,000 NON-PERSONNEL Supplies and Materials $ 66,640 $ 91,500 $ 91,500 $ - Communications 24,890 16,000 16,000 0 Postage 10,200 10,000 10,000 0 Printing and Advertising 14,173 68,000 68,000 0 Delivery 974 2,200 2,200 0 Rent-Land and Building 1,340,875 1,290,875 1,290, ,000 Rent-Machines and Equipment 27,965 45,000 45,000 0 Meeting Expenses 12,641 16,150 16,150 0 Travel 9,734 12,000 12,000 0 Training 4,921 5,000 5,000 0 Dues and Subscriptions 49,925 50,000 50,000 0 Computer Data Processing 61,152 35,000 35,000 0 Contracted Professional 337, , , ,000 Professional Services 60,618 40,000 40,000 0 Public Education & Outreach 8,441 20,000 20,000 0 Maintenance and Repair 28,145 20,000 20,000 0 Miscellaneous 4,587 13,475 13,475 0 TOTAL NON-PERSONNEL $ 2,063,131 $ 2,155,200 $ 2,155,200 $ 400,000 City Support Services $ 3,943,694 $ 4,168,313 $ 4,168,313 $ 250,000 TOTAL OPERATING $ 19,555,458 $ 17,267,879 $ 20,867,879 $ 1,900,000 V-3

89 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE FY Proposed Operating Budget Payment to the City of San Jose Adopted Adopted Revised Proposed FY FY FY CITY SERVICES Overhead $ 892,765 $ 892,765 $ - IT (City accounting system support) 1,200 1,200 - FMS (City accounting system inquiry) 2,000 2,000 - IDTS Project (on-going support costs) 28,581 28,581 - Finance - Risk Management 13,251 13,251 - OED 1,013, ,136 - MAYOR/BOARD 2,272,380 2,272, ,000 * TOTAL CITY SUPPORT SERVICES $ 4,224,158 $ 4,168,313 $ 250,000 * For Mayor/Board, HR, IT and Clerk. V- 4

90 THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE FY PROPOSED OPERATING BUDGET SUMMARY OF AUTHORIZED POSITIONS Change from Adopted FY to Actual Adopted Proposed Proposed FY Office of Executive Director Administration Services Business Development Communications & Community Relations Design Services Downtown Management Finance Transactions anhousing/real Estate Human Resources Industrial Development Neighborhood & Business Development (NBD) Project Management Strong Neighborhoods Initiative (SNI) Transportation and Strategic Planning Agency Wide Total Agency General Counsel Total V-5

91 PROPOSED CAPITAL BUDGET OPERATING BUDGET APPENDIX

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93

94

95

96

97

98

99

100

101

102

103

104

105

106

107

108

109

110

111

112