pages: CityCouncil/2011-01-18.pdf, 4
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CityCouncil | 2011-01-18 | 4 | The Acting City Manager responded property taxes would be generated by private users of adjacent land; the Lawrence Berkeley National Laboratory (LBNL) site is a federal site owned by the University of California and would not generate tax; using tax increment as a financial incentive would be risky; a below market rent or land value write down could be used as financial incentives; staff is looking into the possibility of other tax revenues such as Utility User Tax rebates similar to the VF Outdoor project; fee waivers and other business deals could be discussed in future negotiations. Councilmember Johnson stated emphasizing that the City has land that would be conveyed government to government to government is important; years ago, the land would have been conveyed; adjacent properties would increase in value as well as other parts of Alameda. The Acting City Manager stated at some point, Alameda Point would receive an economic development conveyance; the whole concept would be to generate jobs. Councilmember Tam inquired whether staff is considering a federal-to-federal transfer similar to that of the Veteran's Administration. The Acting City Manager responded staff would recommend that the ARRA receive the land and then the land could be conveyed to LBNL. Councilmember Tam inquired whether the approach would be to use the LIFOC for a long-term lease. The Acting City Manager responded the City needs ensure long-term control over the land through the LIFOC; stated the City would provide the land to LBNL at no cost after receiving a conveyance agreement from the Navy; staff would recommend having the City in the middle. Councilmember deHaan stated Coast Guard housing has gone back to the federal government; the City needs to control the land; adjacent properties are important; Richmond is campaigning and making strong overtures; inquired whether Alameda is doing the same. The Acting City Manager responded Richmond has sent out press releases; stated the City is placing more focus on making its response as competitive as possible; staff is doing a detailed analysis of the other two sites to ensure Alameda is competitive. Councilmember Johnson stated letters of support should be requested from business associations, the School District, and College of Alameda. The Acting City Manager stated draft letters have been sent to a number of associations; that she has spoken to the Chamber of Commerce, Association of Realtors, and business parks; everyone is interested in sending letters of support. Regular Meeting Alameda City Council 4 January 18, 2011 | CityCouncil/2011-01-18.pdf |