pages: CityCouncil/2008-06-03.pdf, 17
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CityCouncil | 2008-06-03 | 17 | Mr. Ratto stated PSBA would raise approximately $135,000 in special events this year. Commissioner Tam stated PSBA's BIA annual assessment is $88,000 and the proposed City grant of $111, 446, which is 20% over the annual assessment. stated WABA's proposed grant is $101,146 and the BIA is approximately $32,000, which is almost 300% above; requested an explanation of the difference between the two ratios. The Development Services Director stated support is meant to take place of economic development activities; the business districts are disproportionate in size; staff is trying to build capacity and help the Associations keep enough staff and help with other contractual activities. Chair Johnson stated serious conversations need to take place with the business districts; WABA failed to increase assessments; the public contributed millions of dollars; the business districts need to help themselves and be part of the solution. The Development Services Director stated a classic challenge is trying to bridge the gap between property owners and business owners. Commissioner deHaan stated the Alameda Landing Disposition and Development Agreement (DDA) requires that businesses be Association members GABA is a worthy cause and needs to put a budget together to justify the $12,000 [ in grant funds] The Development Services Director stated information provided by GABA shows the funds support the part-time staff activity. Commissioner deHaan stated that he would like to defer the staff recommendation until the CIC budget is adopted. Chair Johnson inquired whether deferring the item would have an impact on PSBA and WABA. The Development Services Director responded typically installment payments are made in July. Commissioner deHaan moved approval of continuing the item until adoption of the budget. Commissioner deHaan stated that he would like to have more defined Special Joint Meeting Alameda City Council, Alameda Public 3 Financing Authority, and Community Improvement Commission Meeting June 3, 2008 | CityCouncil/2008-06-03.pdf |