pages: CityCouncil/2018-10-02.pdf, 11
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CityCouncil | 2018-10-02 | 11 | The Base Reuse and Economic Development Director gave a Power Point presentation. In response to Mayor Spencer's inquiry regarding additional housing the Base Reuse and Economic Development Director stated the fourth amendment does not address additional units, but allows for exploration of the feasibility of an additional 80 units in Phase 2; the addition would exceed the cap and Alameda Point Partners (APP) would need to go through an entitlement process if the option is pursued. Mayor Spencer inquired whether there are three phases of the project, to which the Base Reuse and Economic Development Director responded in the affirmative. Councilmember Matarrese inquired if the additional 80 units could come from somewhere else within the project site, to which the Base Reuse and Economic Development Director responded in the negative. Councilmember Matarrese inquired if the Council could take the 80 units away from another portion of the plan. The Base Reuse and Economic Development Director responded in the affirmative; stated a new Housing Element will be prepared in 2023. Councilmember Oddie requested an explanation of developer paying $1.1 million and where the $200,000 would go. The Base Reuse and Economic Development Director responded by explaining the existing DDA formula; stated the $220,000 payment will be reinvested as part of the developer's $10 million obligation for the Seaplane Lagoon Ferry Terminal project. Vice Mayor Vella inquired what would happen if another delay occurs. The Base Reuse and Economic Development Director responded if the developer is not ready in another year, they would still have another option to purchase an extension. Vice Mayor Vella stated the payment for time extensions does not seem to be effective in moving the project forward; issues are more related to construction costs; inquired why the City is keeping the same penalty of payment to extend when it does not seem to alleviate the problem. The Base Reuse and Economic Development Director responded staff could look into structuring the payment differently or allow for a different form in lieu of purchasing time extensions. Vice Mayor Vella inquired whether the intent of working in good faith is the motivation behind recommending the amendment. Regular Meeting Alameda City Council 8 October 2, 2018 | CityCouncil/2018-10-02.pdf |