pages: CityCouncil/2009-12-02.pdf, 5
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CityCouncil | 2009-12-02 | 5 | The Economic Development Director responded in the negative stated the developer does not have to take down any property until after the 2012 period; pre-conditions to taking down property, including plans and engineering, have to be done to facilitate the transfer of the property and start of construction; by 2012, all of those things need to be done or the developer needs to inform the Commission that they will not be moving forward with a project. Commissioner Matarrese inquired whether all the things that need to be done to take down the property need to be done by 2012 and whether there is a list of the items, to which the Economic Development Director responded in the affirmative; stated entitlement actions have to be in place; the developer is coming back with a schedule and wants to work towards having construction start within the next 18 months to two years; to do so, plans would have to be submitted by January or February of next year. Commissioner Matarrese inquired whether the developer would meet the schedule, to which the Economic Development Director stated the developer is working very hard with a key tenant to come forward with a project. In response to Chair Johnson's inquiry about what would be presented to the Planning Board in January or February, the Economic Development Director stated a new design review permit would be needed. Chair Johnson stated demolition and backbone have to be done by 2012; inquired whether the developer would be in default if they are not ready to go by December 2012. The Economic Development Director responded in the affirmative; stated take down is not required for a couple of years after. Chair Johnson inquired whether anything between now and 2012 would cause the developer to be in default, to which the Economic Development Director responded in the negative. Commissioner deHaan stated the developer is land banking because of the market. The Economic Development Director stated consideration was given because Catellus provided money for [Stargell] right-of-way acquisition; being ready for construction will take 18 to 24 months old infrastructure needs to be ripped out and new infrastructure needs to be installed. Special Joint Meeting Alameda City Council, Alameda Reuse and Redevelopment Authority and 5 Community Improvement Commission December 2, 2009 | CityCouncil/2009-12-02.pdf |