pages: CityCouncil/2010-01-05.pdf, 1
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CityCouncil | 2010-01-05 | 1 | MINUTES OF THE SPECIAL JOINT CITY COUNCIL AND BOARD OF EDUCATION MEETING TUESDAY- - -JANUARY 5, 2010- 7:00 P.M. Mayor Johnson convened the Joint Meeting at 7:10 p.m. ROLL CALL - Present: Councilmembers deHaan, Gilmore, Matarrese, L. Tam and Mayor Johnson; and School Board Members Jensen, McMahon, Spencer, N. Tam and President Mooney - 10. Absent: None. AGENDA ITEM (10-001CC/BOE) Joint Executive Presentation on Alameda Point Development Initiative Process, Contents of Initiative, Chronology of Process, Executive Summary, and Questions and Answers. The Interim City Manager, Planning Services Manager, Redevelopment Manager, Public Works Director, and School Superintendent gave a Power Point presentation. Councilmember L. Tam stated the goal of the election report is to inform the electorate; inconsistencies should be explained to prevent voter confusion; the City and the developer have to negotiate the cost of public benefits in the Disposition and Development Agreement (DDA); the Interim City Manager has indicated public benefits would total $371 million; the initiative includes a $200 million cap; requested that the developer explain the difference in cost. Pat Keliher, SunCal Alameda Point Project Manager, stated a business plan was submitted to the City in December 2008; all the things discussed tonight are consistent with said plan; SunCal does not agree with the analysis; the analysis should have referred back to the business plan in order to truly understand costs; the City's report assumes $48 million for on site roads that are included in the master infrastructure costs in the business plan and are not part of the public benefits; $103 million in transit improvement soft costs are in separate sections in the business plan and are not included in the public benefits; the challenge is the analysis was done by people not privy to those documents [business plan]; the analysis cannot be done in a vacuum. Councilmember L. Tam inquired whether the expectation is that the $200 million cap identified as the hard cost will cover all public benefits infrastructure identified in the initiative, such as the library, roads and sports facilities. Mr. Keliher responded in the affirmative; stated SunCal wrote a letter saying that they would be willing to lift the cap; SunCal wants to build the benefits; SunCal believes costs will be less than $200 million and estimates the cost to be around $170 million; the Special Joint Meeting Alameda City Council and 1 Board of Education January 5, 2010 | CityCouncil/2010-01-05.pdf |