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Attachment 5 6.1. E. - Page 80 BLIGHT PROGRESS REPORT 2O1 O/11 This report provides descriptions of the Agency's (RDA) progress, including specific actions and expenditures in alleviating blight in the previous fiscal year based on the goals of the Implementation Plan, January 2010 to December 2014, Redwood City Redevelopment Agency Project Area No. 2. The Implementation Plan prescribes six goals to alleviate blight. 1. Continue to upgrade public improvements; 2. Rehabilitate aging commercial and residential structures; 3. Assemble properties into developable sites; 4. Provide financial assistance and invest in public infrastructure to encourage private development, support existing businesses, and promote an improved private investment climate; 5. Promote redevelopment in accordance with the New Downtown Precise Plan and the New General Plan; and 6. Enhance viability of transit and the Caltrain Station. The specific actions described below assisted towards the elimination of blight in the Redevelopment Project Area during the FY 2010/11. The actions are categorized into housing or general (non-housing) by either projects or on-going programs. Each action also lists the RDA expenditures and the corresponding redevelopment goal(s). PROJECTS-AGENCY HOUSING FUND 1. Bradford Parcels for Affordable Senior Housing. The Agency demolished the two-story 707 Bradford building. In spring 2011, the Agency completed the groundwater testing as required by its environmental oversight agency, the State Department of Toxic and Control Board. According to the environmental consultant, some additional shallow soil sampling in needed to better understand and assess the extent and risk of contaminant impact in that area of the site. Staff plans to present the site to the Agency Board/City Council for an update and next steps. During FY 10/11, the two contiguous Agency owned parcels were transferred to the City. (Goal 3, 5) RDA Expenditure During 2010/11: $55,681 2. Feasibility of Docktown Affordable Housing Site Acquisition The Agency considered purchasing an 8.24 acre site at 1548 Maple Street (Docktown) for affordable housing. In March 2011, the City and RDA entered into an assumption and assignment agreement for the purchase, sale, and funding of the property. RDA funds were use for site acquisition services and project management including the coordination of CEQA and other environmental issues, legal support, preparation of an appraisal, and negotiation of purchase terms. The Agency and City opted not to acquire the Page 1