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1 row where "date" is on date 2020-05-20 and page = 16
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CityCouncil/2020-05-20.pdf,16 | CityCouncil | 2020-05-20 | 16 | The Assistant Community Development Director responded the cap was considered at $300,000 per tenant; stated a few tenants pay $50,000 per month; the program is not based on a first come first served basis; each agreement will need to be negotiated; the criteria is strict and the City can offer deferrals, not abatement, in the event a tenant does not fully qualify; the applications will be looked at closely. Mayor Ezzy Ashcraft stated the leases have high monthly rents. Councilmember Oddie expressed concern about offering a blank check to every tenant with a cap of $300,000; outlined monthly lease rents for various tenants. Mayor Ezzy Ashcraft inquired whether a capped amount for a certain category could be applied for small, medium and large businesses; whether Council can provide direction on the parameters. Councilmember Oddie stated rent should be abated for those locked out and shut down for the first three months; the second three months should be as generous as possible with deferrals and loan conversion; expressed support for staff returning to Council when the $300,000 cap in proposed abatements is reached. Mayor Ezzy Ashcraft inquired whether the proposed abatements are per tenant. Councilmember Oddie responded in total. The City Manager stated the $300,000 cap is for all abatements; staff will take Council comments and return with 2 to 3 choices in June to allow a good program to move forward. Councilmember Vella stated that she would like to understand the implications to planned Capital Improvement Projects (CIP) at Alameda Point and other properties; there is a cost associated; there are few businesses which have been truly locked out; expressed support for using the budget analysis to determine which items are delayed; there have been complaints related to infrastructure; investment should be in certain infrastructure. Councilmember Daysog stated one way to not provide a "blank check" to tenants would be to provide benchmarks; creating a threshold will help; expressed support for catalyst businesse… | CityCouncil/2020-05-20.pdf |
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CREATE TABLE "pages" ( [body] TEXT, [date] TEXT, [page] INTEGER, [text] TEXT, [path] TEXT, PRIMARY KEY ([path], [page]) );