Oak Knoll
This project area was created to redevelop the site of the former Naval Medical Center of Oakland (NMCO), which closed in 1996. This site, like the Oakland Army Base Project Area, is under the authority of the Oakland Base Reuse Authority. There has been no activity on this site since it was established, and it has generated no revenue.
Description of Project Area
Date Created: 1998
Redevelopment Plan Approved: July 14, 1998
Plan Termination Date: July 14, 2028
Subject to 1993 Reforms: Yes
Tax Increment Revenue Limit: $87,000,000
Size: 183 acres
Location (general): Former site of Naval Medical Center of Oakland I-580 to Keller Ave., Keller Ave to Sequoyah
Contacts
Community Economic Development Agency Staff:
Dan Vanderpriem
Redevelopment Director
(510) 637-0241
dvanderpriem@oaklandnet.com
City of Oakland Oak Knoll webpage
Financial Information
Tax Increment (TIF) Revenue
| |
FY 98-99 |
FY 99-00 |
FY 00-01 |
FY 01-02 |
FY 02-03 |
FY 03-04* |
FY 04-05* |
| Gross TIF ** |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
| Payments to Other Agencies |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
| Set-Asides |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
| Net TIF |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
* Projected in ORA Budget for FY 2003-2005
* *From State Controller “Community Redevelopment Agencies Annual Report” |
Set-Asides
| |
FY 98-99 |
FY 99-00 |
FY 00-01 |
FY 01-02 |
FY 02-03 |
FY 03-04* |
FY 04-05* |
| Housing Set Aside |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
| ERAF Shift |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
| Total Set Asides |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
| * Projected in ORA Budget for FY 2003-2005 |
Expenditures
| |
FY 98-99 |
FY 99-00 |
FY 00-01 |
FY 01-02 |
FY 02-03 |
FY 03-04* |
FY 04-05* |
| Capital Expenditures |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
| Debt Service Expenditures |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
| Total Expenditures** |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
| * Projected in ORA Budget for FY 2003-2005 |
Bonds
No bonds have been secured for this project area
Total Debt (As of
FY 03-04)
There is currently no debt for this project area.
Demographics
| |
Oak Knoll |
1990 |
2000 |
% change |
| Total population |
1,297 |
696 |
-46 |
Race |
|
| % White |
52 |
21 |
|
| % Black |
38 |
46 |
| % Am. Indian/Alaskan Native |
0 |
0 |
| % Asian/Pacific Islander |
7 |
11 |
| % Other |
4 |
0 |
| % Two or more races |
N/A |
22 |
| % Hispanic |
14 |
14 |
Income |
|
| Mean Household Income (1999 $) |
83,612 |
93,738 |
12 |
| % Persons Below Pov. |
4 |
4 |
|
Employment |
|
| % Labor Force Unemployed |
2 |
0 |
|
| % 16 yrs+ not in labor force |
18 |
31 |
Housing |
|
| % Owner occupied housing units |
78 |
87 |
|
| % HH paying > 30% of income for housing |
37 |
37 |
|
| Mean value of owner occ. housing units (2000 $) |
390,523 |
348,984 |
-11 |
Educational attainment |
|
| % 25 yrs. + with HS deg. or higher |
96 |
95 |
|
| % 25 yrs. + with bach. deg. or higher |
37 |
47 |
| Source: US Census Bureau, Summary File 3, 1990 and 2000 |
| 
