Agenda

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C.126

To:	Board of Supervisors
From:	John Kopchik, Director, Conservation & Development Department
Date:	June 21, 2022

Contra

Costa

County

Subject:

Allocation of Livable Communities Trust funds to the Lafayette Park Theater Project (District II)

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 06/21/2022

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Diane Burgis, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor

Contact:

925-655-2870

I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED: June 21, 2022
Monica Nino, County Administrator

BY:	, Deputy

RECOMMENDATION(S):

1. ALLOCATE $25,000 from the Livable Communities Trust (District II portion) to the Lafayette Park Theater Project, as recommended by Supervisor Andersen; and

2. AUTHORIZE the Conservation and Development Director, or designee, to enter into a contract, subject to approval by the County Administrator and approval as to form by County Counsel, with The Park Theater Trust in an amount not to exceed $25,000 for the renovation of the Park Theater in Lafayette.

FISCAL IMPACT:

No General Fund impacts. The $25,000 required for the contract will come from the District II allocation of the deposits into the Livable Community Trust. The current available balance in the District II portion of the fund is $1,552,767.14.

BACKGROUND:

The Livable Communities Trust (Trust) is a Special Revenue Mitigation Fund that was established by the Board of Supervisors on November 15, 2005, following the approval of the Camino Tassajara Combined General Plan Amendment Project, also known as the Alamo Creek and Intervening Property residential projects, and was required as a condition of approval. The Trust was established to implement the County’s Smart Growth Action Plan. The residential developers pay an $8,000 per unit fee (excluding the affordable housing portions of the projects) into the Trust. The Department of Conservation and Development administers the Trust.

On December 3, 2013, the Board of Supervisors determined that revenue from the Trust should be spent equally among supervisorial districts. At complete build-out, deposits to the Trust will total $8,448,000. As of June 1, 2022, the account has collected $8,376,000 in revenue fees, and $880,125.68 accrued interest with $5,425,932.04 remaining in uncommitted funds. The approved expenditures to date are attached.

The use of the funds towards renovation of the Lafayette Park Theater Project supports Smart Growth Action Plan number 4: To promote economic revitalization in urban infill communities. The allocated funding will go towards renovating the cinema into an accessible, inclusive, community-centered cultural hub for patrons of all ages. In addition to expanding regional cultural opportunities and making local businesses

thrive, small, hometown cinemas function as meeting places and social centers, with films, special events, educational screenings, and fundraising activities that engage community groups, families, and senior citizens, and serve as a safe, secure venue for youth. A reopened Park Theater will have an immediate, materially beneficial effect on all downtown businesses and the community at large.

CONSEQUENCE OF NEGATIVE ACTION:

Without the allocation of funds, the Lafayette Park Theater Project will have insufficient funds to complete renovation by the time of the planned reopening in late 2023, the Park Theater’s 82nd birthday.

CHILDREN'S IMPACT STATEMENT:

The Lafayette Park Theater Project supports the following children’s outcome: (5) Communities that are Safe and Provide a High Quality of Life for Children and Families.