pages: CityCouncil/2010-07-27.pdf, 7
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CityCouncil | 2010-07-27 | 7 | Councilmember Tam stated generating $3 million over twelve years is approximately $250,000 per year; Exhibit 3 shows a different estimate of net revenues to the General Fund; inquired whether the recovery would seem to be more like eight years. The Interim City Manager responded eight years seems about right; stated 50% of the property tax would be going into the special fund, not the General Fund. Mayor Johnson inquired how VF Outdoor would compare to other businesses in Alameda. The Business Development Manager responded the best comparison would be Abbott Diabetes Care; stated having 600 plus employees would be similar. Mayor Johnson inquired what would be the next step down in terms of employees, to which the Business Development Manager responded Wind River. Mayor Johnson inquired how many employees Wind River has, to which the Business Development Manager responded 300 to 400. Mayor Johnson stated that she wants to make the scale apparent to the public; VF Outdoor would be a significant business for Alameda. Speakers: Steve Rendle, VF Outdoor; Marilyn Ezzy Ashcraft, Planning Board; and Lorre Zuppan, Alameda. Councilmember Tam moved approval of the staff recommendation. Councilmember Matarrese seconded the motion. Under discussion, Councilmember Matarrese stated VF Outdoor would be a great company coming to Alameda; Alameda is a safe community; the proposed design meets bay view requirements. Mayor Johnson stated that she likes the bay friendly landscaping plan; Peet's Coffee has similar landscaping. Vice Mayor deHaan commended SRM; stated five years ago, the City considered relocating a warehouse in the area; that he cannot say enough about the evolution of the Harbor Bay Business Park; supporting transportation is important. Councilmember Gilmore thanked staff and SRM for all the hard work; stated that she is very impressed with the campus design; putting parking in the rear adds a lot to the front. Special Joint Meeting Alameda City Council, Alameda Reuse 7 and Redevelopment Authority, and Community Improvement Commission July 27, 2010 | CityCouncil/2010-07-27.pdf |