pages: CityCouncil/2012-06-06.pdf, 11
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CityCouncil | 2012-06-06 | 11 | The City Manager responded staff recommendations regarding the residential area came from discussions with developers; there is a lot of vacant commercial space; commercial development is unlikely to come back before residential; therefore, focus would be on doing detailed residential entitlements in order not to lose out on the next development opportunity. Vice Mayor Bonta inquired whether a private developer could do the entitlements if the market gets hot, to which the City Manager responded in the affirmative. The Chief Operating Officer - Alameda Point stated the EIR has the longest timeframe; Council could revisit funding the residential work in six months and still catch up with the EIR; waiting too long could cause the City to miss a window of opportunity. Councilmember Tam noted previous master developers never caught opportunity waves. Councilmember deHaan stated the areas of clean land are an issue. Councilmember Johnson stated the developers have had difficulty going through the entitlement process; Option 1 would allow the community to control the process. Mayor Gilmore stated the City would be getting the same control with Option 2. Councilmember Johnson stated the City should proceed sooner and not repair infrastructure that needs to be replaced. Mayor Gilmore stated the developer would only pay for new infrastructure and not other areas; funds are needed to patch existing infrastructure for tenants. Councilmember Tam stated that she does not see Option 1 as necessarily buying more time; Option 2 would allow the City to get a better bonding rate in the event infrastructure fails or there is another $2 million fire, like at the Fleet Industrial Supply Center. Councilmember Johnson moved approval of Option 1, on a cash basis. Councilmember deHaan seconded the motion. Under discussion, Mayor Gilmore clarified that the motion is to do the entire entitlement process using $5 million on a cash basis. On the call for the question, the motion FAILED by the following voice vote: Ayes: Councilmembers deHaan and Johnson - 2. Councilmembers Bonta, Tam and Mayor Gilmore - 3. Regular Meeting Alameda City Council 11 June 6, 2012 | CityCouncil/2012-06-06.pdf |