pages: RedevelopmentAgencyandCouncilCommunityAndEconomicDevelopmentCommittee/2009-07-14.pdf, 3
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RedevelopmentAgencyandCouncilCommunityAndEconomicDevelopmentCommittee | 2009-07-14 | DRAFT *Special Concurrent Meeting of the Meeting Minutes July 14, 2009 Redevelopment Agency and Council Community & Economic Development Committee 5 Subject: Army Base Master Developer From: Vice Mayor De La Fuente Recommendation: Adopt An Agency Resolution Authorizing The Agency Administrator To Negotiate And Enter Into An Exclusive Negotiating Agreement For A Term Of 360 Days From Agency Approval, Between The Oakland Redevelopment Agency And AMB Property Corporation/California Capital Group And/Or Federal Oakland Associates Regarding A Proposed Development Of A Mixed-Use Project Consisting Of Logistics, Industrial, Office, Project-Serving Retail And Other Uses Mandated By The Agency On Up To 135 Acres Of The Former Oakland Army Base 09-0553 Play Video A motion was made by Member Kernighan, seconded by Chair De La Fuente, that this matter be Not Accepted. The motion failed by the following vote: Votes: Councilmember Abstained: Member Brunner Councilmember Excused: Chair De La Fuente Councilmember No: Member Reid Councilmember Aye: Member Kernighan The Committee directed staff to provide the following information: 1) How will the City Benefit financially?; 2) What is the rate of return for the City (not the logistics and R&D); 3) A chart with complete analysis of the financial benefits between the two developers? 4) Chart of the total Public Subsidy as of today and all other cost for infrastructure, etc; 5) What are the benchmarks within the ENA to allow the City to pull out of the agreement; 6) What are the financial benefits and our revenue streams?; 7) Options for retaining the Film Center; 8) Options for the recycling centers in West Oakland to relocate to the Oakland Army Base?; 9) The entire framework of the ENA with an outline before it goes forward and back for a final decision; 10) Why retail will not work in the area, provide analysis of why its not the best location?; 11) Develop a tracking system for the jobs being created to make sure the jobs are actually created; and 12) How is the Port land being developed? The Committee further directed staff to refer this item to Rules for Scheduling. COUNCILMEMBER NADEL WAS NOTED PRESENT AT 2:50 P.M. AND A QUORUM WAS DECLARED. The following individual(s) spoke and did not indicate a position on this item: - Councilmember Nadel - Richard Neveln - Barry Luboviski - Sean House City of Oakland Page 3 Printed on 8/3/09 | 3 | RedevelopmentAgencyandCouncilCommunityAndEconomicDevelopmentCommittee/2009-07-14.pdf |