CC MIN 03-24- to 05-21-1981 - Laserfiche WebLink

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4 have the time to do; that a consultant gives advice, but there is ""'"w no obligation to accept it; that the work of a consultant is very valuable in providing information to assist in arriving at a rational decision. He added that the consultant is paid to Nadi furnish advice, and that Council may either take the advice or part of it or none of it; that when staff brings a recommendation to Council, it will evolve from all of the information available to staff. Gregg Doran, 510 Marlin, asked if the GID 1-64 Advisory Committee will be continuing its involvement, and was assured it will. Jack Murray, 568 Seahorse, complimented the Council and staff for an extraordinary series of meetings, and stated that they deserved a real hand for the time put in to try to resolve the situation at Redwood Shores. Don Warren, Redwood Shoes, Inc., referred to his letter of May 15, 1981, and acknowledged the great deal of time spent by staff and Council trying to resolve the problems, and that they too have spent a great deal of time in dealing with an extremely complex and difficult question. He commented on the several responses in the letter to the Bartle Wells Report which offered three variations of funding and advised that the only philosophy they can support is under Table 3A (combination cash and bond program) . He commented on their company's ability to attract good development to Redwood Shores, but that he believed a high facilities charge will discourage new developers, and cited the Fluor building as an example, where under 3A, 3B and 3C, the respective facilities charge would be $350.000, $568,000 and $852,000. He stated that had they waited to build until 1981, Fluor has indicated to him that if they had been required to pay these fees, they would not have come to Redwood Shores. Mr. Warren recommended a modification of 3A be implemented, that while it does not require that bonds be issued, that the ability amid of Council in the future to authorize issuance of bonds would not be destroyed. He also advised that they recommend that when the fee schedule is established, it be set up so that large balances are not created year by year. Also suggested in the proposal was that the timing of construction of facilities be worked out on an annual basis by an established committee of the Council, which would each year set a finite list of projects within a five year program so that fees are set for each year. He continued that the other major point is implementation of the program by a legal document (development agreement) which sets up the machinery for controlling the funds in a trust, and sets up a program for annual review for dispensation of that trust fund. Mr. Warren added that they disagree with two areas of the motion on the floor - they would not recommend that a fee be established that will result in a sizeable surplus, but rather a program set up that where there is a shortfall in the funds a developer can advance development and be reimbursed. Secondly, even though Council may adopt a policy to set up a financing vehicle for limiting the need for sale of bonds in the future, he asked that Council not eliminate that vehicle out of hand. City Manager Fales noted that the matter of the ability of the developer to advance funds is not spoken to in any of their negotiations, but it will be a consideration in the agreement he hoped staff will be instructed to bring back. Mr. Fales commented and responded to questions from Council, noting that a couple of things that must be negotiated as part of the proposed agreement that has schedules attached to it, are what moot the respective responsibilities are of the District and of the developer, and also estimates of costs for agreed upon projects. , Adi.Mtg. 5/21/81 Page 4 Ft'