pages: CityCouncil/2009-03-03.pdf, 20
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CityCouncil | 2009-03-03 | 20 | The Base Reuse and Community Development Manager gave a brief presentation. *** (09-10) - Commissioner Matarrese moved approval of continuing the meeting past midnight. Mayor Johnson seconded the motion, which carried by the following voice vote - Ayes : Commissioners deHaan, Gilmore, Matarrese, and Chair Johnson - 4: Noes Commissioner Tam - 1. Tom Marshall, Catellus Managing Director, gave a brief update. Commissioner deHaan stated seeing Target in the mix is nice; that he is fearful of a stand-alone project; surrounding businesses would be cookie cutter in nature. Mr. Marshall stated just having a Target makes no economic sense; Target is an important component to the project; a collective decision needs to be made regarding moving forward with Target or do nothing at all. Commissioner deHaan inquired what safe guards are in place to ensure a necessary level of development. Mr. Marshall responded the site plan is an old site plan that has Target laid out with the rest of the center; stated the rest of the center is in jeopardy, which is a temporary situation. The Assistant City Manager stated whatever is built would still need to comply with the Site Plan; the Disposition and Development Agreement has timelines; default would occur if development did not occur within the timelines and the project would be taken back and remarketed to a different developer; a market cannot be guaranteed. Commissioner deHaan stated check off points need to be met; retail types need to be reviewed; focus cannot be lost. Mr. Marshall stated tenant enthusiasm has cut back within the last nine months; having a Target partially pays for the Webster Street/Wilver "Willie" Stargell Project. Commissioner deHaan stated check off points need to be met; that he does not want to have Target surrounded by tumbleweeds. Commissioner Matarrese concurred with Commissioner deHaan; Special Meeting Community Improvement Commission 2 March 3, 2009 | CityCouncil/2009-03-03.pdf |