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the community. She stated that there is an affordable housing issue in Redwood City and that the City should keep Docktown. Vice Mayor Foust asked the City Attorney to address the comment about Redwood Shores and conflict of interest. Ms. Thompson indicated that property interests have to be within 500 feet of a specific project to create a conflict of interest, which is not the case here. Dr. Bell stated that the Inner Harbor Specific Plan is currently going through an environmental review process and will likely conclude in June, after which it will follow the approval process until about December. He stated that a liveaboard community at Ferrari Pond is included in the Inner Harbor Plan, and if that were approved, then the process would take quite a long time. He noted that State Lands was involved with the Pete's Harbor process and the City asked State Lands to give input on this process and this is why they are here now. He stated that the ongoing annual cost to continue to manage Docktown Marina is $195,000. The cumutative cost of management of the Marina by the City is $1.5 million since April of 2013, including some one-time costs. He noted that the staff report did not require an environmental review for tonight's discussion, but a potential closure would include environmental review. Council Member Seybert asked if Precise Plans dictates usage. Dr. Bell stated that they would not necessarily indicate usage. He asked if the Precise Plan would supersede current law. Mr. Aknin, Assistant City Manager, stated that it would depend on how the plan addresses nonconforming uses. Council Member Seybert stated that the Inner Harbor Precise Plan can't override the State Lands Commission or other State Law. Mr. Aknin replied that is correct. Council Member Howard noted that there are historic landmarks on this site. Ms. Thompson stated that there is the water side and the City has control over that through the State Lands Grant, but the City does not own or control the land side except by a month-to-month arrangement with the land side owners. This includes the Yacht Club and the City has been paying for that access. Council Member Howard asked if the owner would need to be mindful of the historic landmarks. Mr. Aknin stated that there will be an analysis with the Inner Harbor Plan to determine whether or not that is actually a historical landmark. Council Member Howard asked if the easement is in jeopardy. Dr. Bell stated that it is not a long-term lease agreement and the owners have increased the fees. Council Member Howard asked what would happen if they eliminated the agreement. Dr. Bell stated that the City would have to find alternative ways for public access. Vice Mayor Foust asked about ownership and history of the area. Ms. Thompson stated that there were a number of parties and currently there are one or two owners that are represented by Mike Brown. Separately there is a developer that may have an interest in that property. Vice Mayor Foust stated that is the land side, because the City owns the water side. Ms. Thompson stated that this was not an issue until Mr. Ernhart walked away because he had control over both sides while he was here. There was a discussion about how the City controls the water side. Vice Mayor Foust asked if the JOINT CITY COUNCIL/SUCCESSOR AGENCY BOARD/ April 27, 2015 PUBLIC FINANCING AUTHORITY MEETING MINUTES PAGE 11 MINUTE BOOK NO. 65 Page No. 390