pages: CityCouncil/2006-03-21.pdf, 16
This data as json
body | date | page | text | path |
---|---|---|---|---|
CityCouncil | 2006-03-21 | 16 | million; the $7 million HUD loan was not anticipated when the project began; alternate parking space locations are available which would enable more screens if necessary; the US Bank site would provide 350 parking spaces; he has major financial concerns. The Development Services Director stated the City floated a $46.5 million bond with a net of $40 million; $13 million was to repay Marina Village for the investment made in infrastructure; $2.2 million was to repay a loan from the West End project; approximately $4 million of the Streetscape Project was uncommitted; projects identified for the Bond money included the Alameda Theater, Bridgeside Shopping Center, and parking structure; $7.5 million was for the Alameda Theater and $10.3 million was for the parking structure; the 2002 parking study assumed that the average space would cost approximately $18,000 per parking stall; the cost did not include relocation, demolition, or property acquisition; current per space construction costs are $23,700; the $32,000 cost per space includes acquisition, relocation, design, etc. ; Watsonville just finished a 460 parking space garage which was bid at $20,600 per space eighteen months agoi concrete costs have accelerated; Santa Rosa recently bid a parking garage at $30,000 per stall for construction; the elevator requirements of the new theater serve the historic theater also; an elevator is required for a public assembly facility the previously proposed parking structure included parking on the top deck; each level has increased in height to accommodate equipment and air space needs a $3 million grant was submitted to the State under Proposition 30 about a month and a half ago for additional historic theater preservation activity. Mayor/Chair Johnson stated real costs would not be know until construction bids are received; the City experienced bids coming in over budget for the New Library; the Webster Street project was overbid and the bids were rejected; concurred with Vice Mayor/Commissioner Gilmore regarding not restoring the theater at any cost; the theater has been rotting for 25 years since a 1981 vote to save the theater; theater preservation and restoration may not be important to everyone; the majority of the community finds restoring the theater important attempts to save the theater have failed in the past. opportunities are coming to an end; the roller rink significantly damaged the property; she does not want the theater to have five screens; the theater should not be restored if the integrity is destroyed; another project would not go forward if the current project was unsuccessful; the current design was significantly different than the past; urged moving forward with the project. Special Joint Meeting Alameda City Council and 8 Community Improvement Commission March 21, 2006 | CityCouncil/2006-03-21.pdf |