pages: CityCouncil/2009-10-20.pdf, 5
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CityCouncil | 2009-10-20 | 5 | Vice Mayor deHaan inquired whether the overall Civic Center could be a catalyst, which could stimulate the economy . The Interim City Manager responded in the affirmative stated the employee parking lot has been considered for infill development ; the property value is approximately $1 million; cash could be brought to the table in terms of a blended pro forma if the parking lot was sold to the Housing Authority; the same situation would hold true for other sites within the Civic Center plan. Vice Mayor deHaan stated the Carnegie Building has been dormant for quite a while; inquired whether the buildings could lay dormant for another three or four years because State funding would be needed. The Interim City Manager responded that she does not think the Carnegie Building would be dormant for another three or four years; bundling the Carnegie Building with City owned public assets as well as other private sites could create a blended pro forma with capital infused in the Carnegie Building sufficient to get a nominal recovery in terms of potential rents or free space for public activity; opportunities exists; the intent would be to have a concept plan and staff would be prepared to bundle something up in the spring. Mayor Johnson stated the concept would result in rehabilitating the Carnegie Building sooner. The Interim City Manager stated that she would like to have a very targeted, limited vision plan with pictures and graphics, not a lot of narrative; the City has approximately $55,000 in predevelopment money among different funds everything needs to be tied together ; interest in the downtown area is picking up considerably. Vice Mayor deHaan inquired whether three months is an adequate amount of time; stated the idea sounds exciting. The Planning Services Manager responded in the affirmative; stated staff would work with professionals; a draft could be provided within three months; community meetings would not take place within the three months the first community meeting would be in March. Vice Mayor deHaan stated it appears as though staff has already reviewed the issue. Councilmember Matarrese stated that he was involved in the 2000 Vision Plan which started in 1991. ; that he is confident staff can provide something to Council within three months. the pieces are Regular Meeting Alameda City Council 5 October 20, 2009 | CityCouncil/2009-10-20.pdf |