pages: CityCouncil/2018-07-10.pdf, 20
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CityCouncil | 2018-07-10 | 20 | In response to Mayor Spencer inquiry, the Assistant Community Development Director stated Alameda Marina wants as many people renting slips and storing boats as possible; Alameda Marina will purchase as many versa docks as needed; currently, there are 48 insured, registered boats in dry boat storage; as versa docks become more well known, people will want to use them; there is flexibility. Mayor Spencer inquired whether the cost is similar, to which the Assistant Community Development Director responded that he believes so, but the applicant could respond; completed the presentation. Councilmember Matarrese inquired whether the document is binding, to which the Assistant Community Development Director responded in the affirmative; stated there is also a lease. In response to Councilmember Oddie's inquiry, the Assistant Community Development Director stated currently, there is 75% rental and 25% for sale. Councilmember Oddie stated since there is a rental shortage, it might have been better to keep 75%. Mayor Spencer inquired whether the developer would still put money into other things if the project is not approved and has to come back, to which the Assistant Community Development responded in the negative; stated the developer's land is all zoned for multi-family housing; there would have to be some commercial, but not a boatyard; the developer does not have access to the water without the City's land. Mayor Spencer inquired whether the City would have to come up with money to deal with its land, to which the Assistant Community Development Director responded in the affirmative; stated staff estimates around $17 million is needed just for seawall improvements. In response to Mayor Spencer's inquiry regarding affordable units, the Assistant Community Development Director stated the developer would still be obligated to provide affordable housing as part of the housing project. Sean Murphy, Alameda Marina Developer, gave a Power Point presentation. Councilmember Oddie inquired what would be done if the market study does not support the 50/50 housing mix, to which Mr. Murphy responded the matter would go back to the Planning Board. Councilmember Oddie inquired whether Mr. Murphy would be willing to go back to the 75/25 mix or at least agree to at least 50% rental units; stated that he is concerned about a lack of rental units. Regular Meeting Alameda City Council 12 July 10, 2018 | CityCouncil/2018-07-10.pdf |