AgdaPkt 2015-04-27 Interview and Joint SA and PFA

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7.1.E. - Page 9 through that stage but things will get better. This Council Member added that community benefits have been collected for years and part of this is a reaction and part of it is timing. This Council Member would like to have a sound process for when the money comes in and how to spend it. He would like flexibility and market adjustability so we can be nimble and he thinks that should be part of the Plan. Vice Mayor Foust thanked Aaron and all his staff for bringing this forth as well as the speakers and the community. She was touched by two comments tonight and she concurred that the Community Benefits program should touch all and the other one was that the Council wants it all. She added that Affordable Housing it should be inclusive of Housing for All with a range of incomes. She sits on the County Workforce Investment Board (WIB) will join with the Northern California Valley Board and will become the third largest WIB and it offers many apprenticeship programs and vocational educational opportunities. She shared figures regarding the San Mateo County unemployment rates and how Redwood City ranks very well. She thanked Jason Newblanc for all his investment in the Arts in Redwood City and how he has persisted and how in the past (2007) the percent for art was not feasible but now this is a different economic picture and she agrees that at least a one percent per art is feasible and doable. She would prefer that the percent for art nexus study does not leave it up to the developer but let people more skilled to figure out what is better for the community. Vice Mayor Foust made comments about property owners in Redwood City, who are benefitting from this renaissance, to consider being a voluntary part of this community benefits program and participating willingly. Vice Mayor Foust also participated in a Meet and Greet with Congresswoman Jackie Speier and the main issue discussed was housing. She explained details about the housing discussed at this event. She is also very interested in the parks and the TDM. Another Council Member echoed all these comments and she agreed with all the comments adding that one speaker said that "Redwood City downtown has matured" and she feels the same way. She believes the downtown living room has been an investment and now the desired outcomes are real. She believes now is the time to turn to developers and ask them to contribute to accomplish the other things we want to do. She also believes we should reach out to the School District and partner with them. She believes that the Housing and Human Resources Advisory Committee should be able to provide input since they have done such a great job in the past with the Human Services Financial Assistance (HSFA). She is fully supportive of prevailing wage and local hiring. Dr. Bell said that staff would have to come back to Council with more information but he added that there have been other projects where this was encouraged. Mr. Aknin said that as staff is looking on a plan by plan basis, staff will keep this in mind. One Council Member was very glad that the HSFA funds are being restored. He is fully supportive of all the nexus studies and he is interested in finding the impact of development on jobs and traffic and parking. He supports conversations on how to get people out of their cars. He also supports the percent for public art with the City having control on the process. He provided some remarks on the history of this matter. He supports prevailing wages and hiring locally. He is very happy with the outreach done. JOINT CITY COUNCIL/SUCCESSOR AGENCY BOARD/ March 23, 2015 PUBLIC FINANCING AUTHORITY MEETING MINUTES PAGE 9