pages: CityCouncil/2010-06-01.pdf, 14
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CityCouncil | 2010-06-01 | 14 | Councilmember/Boarc Member/Commissioner Gilmore inquired whether the Navy has indicated that it is not resistant to being paid over time. The Deputy City Manager - Development Services responded the Navy prefers up front payment and is willing to consider back end participation because of the Defense Authorization Bill passed last October; the Navy's concern is how it knows it would be paid. Councilmember/Board Member/Commissioner deHaan stated ARRA and SunCal have pledged openness; inquired whether the Navy has signed onto openness. The Deputy City Manager - Development Services responded the Navy is a public agency; stated that she will ask the Navy about the matter. Councilmember/Board Member/Commissioner deHaan stated the threshold for 1,100 individual homes was $666,000 per home; the Navy has not asked for more than $108.5 million with additional homes. The Deputy City Manager - Development Services stated to date, the Navy has not asked for more than $108.5 million but has not stated that it is willing to accept $108.5 million; the $108.5 million does not include Phases 4 and 5. Councilmember/Board Member/Commissioner deHaan stated the proposal includes the northern territory. The Deputy City Manager - Development Services stated details have not been worked out. Mayor/Chair Johnson stated that she recalls that the Navy bases its number on a land value formula. The Deputy City Manager - Development Services stated the Navy hires an economic consultant; the consultant looks at the pro forma; $108.5 million is for the 1,800 Preliminary Development Concept (PDC) project; market changes have been significant. Stan Brown, SunCal, stated confusion has involved the application versus the density bonus option plan; SunCal believes addressing issues on the application is appropriate; SunCal has expressed a desire to move toward a transit oriented plan; SunCal will continue to be responsive to questions throughout the eighteen-month to two-year process to complete the Environmental Impact Report; SunCal does not want to confuse openness with what is in the letter. Special Joint Meeting Alameda City Council, Alameda Reuse and Redevelopment Authority, and 3 Community Improvement Commission June 1, 2010 | CityCouncil/2010-06-01.pdf |