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<br />Port Col!lllissioners and City Council by Williams-Kuebelbeck and Associa tes <br />(Exhibit ee) and the update of that report prepared in 1981 by <br />Williams-Kuebelbeck, and s..zpplement entitled, "Technical Appendix; Waterborne <br />Col!lllerce Trade Forecast, 1982-2000" (Exhibit ff) and advised that the <br />elements of the short-range program of 1974 have been implemented, and Port <br />revenues have exceeded the projections of that report. However, the long <br />range strategy, which revolved around formation of a redevelopment agency to <br />finance development of private land near the Port has not been successful <br />because the City was not at that time in the position to implement a <br />redevelopment agency. He described the recol!lllendations in the updated <br />report, and what has been accomplished. He stated that improvements to <br />Seaport Boulevard to serve Port tenants and adjacent private property is <br />necessary if they are to meet their objectives. <br /> <br />r- <br /> <br />Frank Addiego recalled reference by the Chief Building Official to the Health <br />and Safety Code on the state policy for blighted areas, and advised that his <br />area of concern is with the section involving subdivision and sale of lots of <br />irregular shape and inadequate size for utilization and development, the <br />existence of inadequate streets and utilities, and finally, the existence of <br />lots subject to flooding. He referred to the Flood Insurance Rate Map <br />displayed on the wall (Exhibit z), which he explained is a composite of three <br />of the eight map panels furnished by the Federal Emergency Management Agency, <br />and is the City's official flood plain IIBp for insurance purposes. He <br />pointed out on the IIBp the area subject to a 100-year flood and much of that <br />area is in the Seaport project area D and portions in Marina project area C. <br />He described the purpose of the Eastside Transporta tion Study and the <br />Intermdal Facilities Plan, and referred to the booklet entitled Flood <br />Insurance Study (Exhibit i) which shows the area of the Sewage Treatment <br />Plant submerged by flooding from high tides in January 1973, and which <br />included the area of the IIBrina and seaport area. Mr. Addiego described <br />conditions relating to Redwood Creek requiring correction, as well as the <br />need for a bridge projec t to connec t the east side of Redwood City with Bair <br />Island Road. <br /> <br />City Manager Smith s..zpplemented col!lllents by Mr. Addiego regarding the <br />significance of the 100-year storm, and the serious economic impac t it has on <br />the City; and the necessity for a property owner to obtain federal flood <br />insurance if his property is in the flood prone area in order to obtain <br />federal assistance of any kind. <br /> <br />Warren Fox, real estate appraiser and consultantf"col!lllented regarding some of <br />his experience with redevelopment agencies in a number of cities, including <br />Tucson, Sacramento, and several others in California. He advised in response <br />to questions by City Attorney Schricker that development of the Lincoln <br />Property Company development (Seaport Center) would not be feasible without <br />public assistance; that improvement of Seaport Boulevard is essential for the <br />proper development of that area; that there are similarities in condi:ion of <br />structures in the Project Area A-"Gateway" and Project Area B-"Centre"; that <br />there is a lack of plottage in those areas which inhibits private <br />development; that notable exceptions are development of a condominium on what <br />had been a used car lot, and of a bank property. In re sponse to further <br />questions by City Manager Smith and Mr. Fargo, Mr. Fox indicated that he had <br />done appraisals for the City along Main Street and Broadway, and that in his <br />opinion IIDSt of the value for those properties was in the land; and that the <br />limited access to the "Marina" and "Seaport" areas have had a deterrent <br />effect on development of those areas. <br /> <br />Mayor Stangel invited members of the audience to speak. <br /> <br />Gladys Woodhams, 1018 Main Street, observed that there has been a mrked <br />improvement in those parts of the City where the rehabilitation program has <br />been in effect, and s..zggested that emphasis should be on that program rather <br />than redevelopment. City Manager Smith responded that the two approaches are <br />complementary and that rehabilitation and reconstruction go hand in hand. <br /> <br />Peter Empey, Vice President, Pacific Ready-Mix, Inc., stated that he is <br />opposed to inclusion of their property in the Redevelopment Projec t which is <br /> <br />Redev ICouncil <br />7/13/82 <br />Page 5 <br />