pages: CityCouncil/2007-01-02.pdf, 25
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CityCouncil | 2007-01-02 | 25 | added burden. Councilmember Gilmore stated the City would not ask the developer to pay an additional amount if the project does not do well; milestones would need to be hit. Mr. Marshall stated a more palatable outcome for the developer would be not having both the escalator and percentage increase. Councilmember Gilmore stated the increase would not kick in for five years, if at all. Mr. Marshall stated possibly the escalator could kick back in if the increase does not happen; he does not want to end up doing both. Councilmember deHaan inquired whether the developer would prefer a higher cap. Mr. Marshall stated the reality is that some lose concepts are being navigated. Councilmember deHaan stated Council is trying to give staff and the developer an opportunity to craft something. Mayor Johnson inquired whether the water taxi cost is part of the TDM Program. The Base Reuse and Community Development Manager responded in the affirmative; stated the cost is capped at $125,000. Mayor Johnson inquired whether the water taxi would operate for one year and then the whole TDM Program would be reviewed for success. The Base Reuse and Community Development Manager responded in the affirmative; stated a decision can be administratively made by the TDM Program Executive Director to reallocate monies among the other components, if not feasible. Mayor Johnson inquired who would be the TDM Program Executive Director, to which the Base Reuse and Community Development Manager responded the staff person hired to run the TDM Program. Mayor Johnson inquired whether changes would come before Council. The Base Reuse and Community Development Manager responded everything is structured to go to the Planning Board; stated an amendment could be made if there is a desire to come to Council; Regular Meeting Alameda City Council 25 January 2, 2007 | CityCouncil/2007-01-02.pdf |