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11-08-07 Redevelopment Commission Minutes
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11-08-07 Redevelopment Commission Minutes
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1/16/2008 10:19:12 AM
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12/11/2007 3:41:18 PM
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Date
11/8/2007
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11-08-07 Redevelopment Commission Agenda
(Superseded by)
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\Public\Redevelopment Commission\Agendas & Packets\2007
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a~.rt~~ ~e~~ e~~eve~opn~el~t an~~~~isian <br />l~.e~ched~lcd .lc~t~ar ~cctin -Na~e~~~c~ ., aa7 <br />~. ~1~ ~l~t~1~1 ~~1~T.} <br />~9 l~au~~~s l~o~~ 1lconom~c Develapen~ ire <br />\.~~ CV~1tln.u'4rr6tl <br />~r. 'ecz~o~vs1~1 ~lat~~,~d that tine 1~a1~~C had <br />chr~ed ~~`an~ ~ol~aday ~'ar~a~•ation to <br />:~a~~~a~ load .~Part~ er s ~P..~ e a~eci i ~' that <br />~+~~~ part a~tl~~ ~~catiatiazas. <br />fir. ~etersar~ respal~dec~ that t~ere a~~e tea <br />e~~t~tie. a~7~~a aa~i l~art~~er, ~~,.~. a~~7~~s <br />tl~c e~~~.ariai ~~i~~~~~ a,~~d Da~~~.a ~aa <br />~et~~~.I a.rt~lers, ~,:P. ~~+~a~~Z~. a~~~~ t~~e zac~~~ <br />de~~elai~~~~e~7t, ~~ni~e~ ~~~ reta~.I. The ~a~~~ias <br />~aa~~ .P~rt~e~-~ 1~~~~~di~~g ~~a assets, a teat <br />~~as ai~~ ~a ~c the ~~~.ra~tee :far tl~c praject. <br />"~~~~ ~a~~l~ ~~fant teat a~~e o~~ the l~aal~. c~ <br />V~c~.~~t bath of theme. ~eca~s~ they are <br />ll~r ~l~t~~il~~ a~tr rtlarl~y ~~h~Ch i5 seca~~~ it7 <br />i~~.e..~a~~aday ~ fn nth that a~pet~ <br />ll~~r.1~~~~ asked i~``~a~~~• n~a~~ey" a the <br />~~~i~~~o~~ da~i~-s t~:~~t the a~~~~c~i ap~a-a~r~~tec~ <br />i'~~ar~ the city cr~cra~ F«~~d ~fra~~~ a~ ar <br />a~ves~. fir. l~etersa~~ can~-n~ed that it vas. <br />dlr. Pete~,o~~; The baf~in part to ~~~e vas, <br />the reason we're dai~~ this road i~ to provide <br />far develo~~~r~e~lt. We're ~~ot ~~ere to t7~ake <br />l~ailady's la~~d .are val~~able. ~~t to <br />see de~eia~~~~e~~t. If they don't ~~ave ~~a~~s to <br />cle~eiap v~h~t they said at t~~e bei~~~~i~ of <br />the canversatia~~, ~~hat's the paint o~ tha city <br />ta~~~ a~~ e~as~~re~ ~~'oll~y a~~s away <br />~ithat doing the eve~ap~~~e~~t the city has <br />debt service payments that ~ ca~~'t over. <br />That is a deal breaker fra~n the city's <br />perspective. <br />3 <br />
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