pages: CityCouncil/2015-01-20.pdf, 11
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CityCouncil | 2015-01-20 | 11 | tenant ratio and interested to hear more and sees reuse as positive. Councilmember Ezzy Ashcraft stated the community wants connectivity and continuity; the plan and design is well thought out with an eclectic mix of job creation; that she loves the three types of park space; the project is a great opportunity and infrastructure issues will be addressed; the project has an ambitious schedule; encouraged public to get involved; stated the right development partners were chosen; Council still has to give the developer guidance but should not micromanage. Mayor Spencer thanked the community, City staff and the developer; stated she supports historical protection and would like to keep the ellipse, the jet and the road names; having accurate drawings in presentations is important; that she prefers green developments and reuse of materials as much as possible to meet goals in reducing greenhouse gas emissions; she is concerned about cumulative impacts on transportation; she would like to see more information on how to address a natural disaster and more fiscal analysis; she is interested in knowing the budget for the entire project and the impact on City services long term; she would also like to see a breakdown of the housing ratio and price range of the rents. Vice Mayor Matarrese inquired whether the property is a City transfer of public property to a private development entity to develop using the standards laid out by the Specific Plan, to which the Chief Operating Officer - Alameda Point responded in the affirmative; stated the developer will transfer the public right-of-ways back to the City. In response to Vice Mayor Matarrese's inquiry, the Chief Operating Officer - Alameda Point stated the developer would be required to develop the property subject to the terms of the DDA. Vice Mayor Matarrese inquired whether Council will receive a briefing on the finances included in the Development Agreement, to which the Chief Operating Officer - Alameda Point responded in the affirmative; stated staff did a fiscal impact analysis as part of previous entitlement efforts and is in the process of updating the fiscal model for the project; some financial issues may come before the Council in Closed Session to protect the City's interests. Mayor Spencer requested a cumulative fiscal impact report which addresses Alameda in its entirety. In response to Councilmember Daysog's inquiry, the Chief Operating Officer - Alameda Point stated staff will talk to the developer about the sensitivity and impacts of the housing tenure mix and will report back to the Council. Mayor Spencer stated that she would like to see the type of housing Alameda currently has and the new types being proposed for the project; the ownership ratio should be higher; she would like more information on how the City will address rising rents; she is interested in a higher percentage of affordable housing. Regular Meeting Alameda City Council 10 January 20, 2015 | CityCouncil/2015-01-20.pdf |