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31. Discuss the tenancies relative to the mix of daytime, nighttime uses, and how the <br /> theatre might encourage tenancy uses or tenancy mix throughout the project. <br /> <br /> There is great history in this regard. This is not the first retail/cinema in the downtown <br /> circumstance. They have reviewed the retail/cinema complex project, downtown <br /> revitalization and redevelopment in 14 major cities from here to Florida to New York <br /> City to Chicago and throughout the state of California. Mr. lrmer reported he has been <br /> to 14 different relocation, redevelopment downtown retail/cinema projects that would <br /> be prideful of any community. He stated what he has found is that the hours of retail <br /> opportunity extend themselves into the life of the theatre use. So you find tenants like <br /> restaurants, bookstores and open marketplaces that continue to enliven and enrich a <br /> downtown well beyond the typical hours of 10-6 or 10-8. With that extension of time <br /> comes a great deal of activity in the downtown and therefore, the life and the heartbeat <br /> of any community. People want to be where people are and theatre brings that heartbeat <br /> to the downtown to the degree that other tenants want to be there. The theatre is the <br /> anchor and centerpiece and around that come a variety of interests. Consideration of <br /> two major anchor tenants of a national origin is planned. <br /> <br /> 32. How does the downtown project address fitting into the charm of the downtown? <br /> Address small businesses and chains and ways to attract local businesses. <br /> <br /> The reason the developer has spent two years of their effort is because of the real belief <br /> that downtown is a place to be bringing capital, experience and to enliven and enrich a <br /> downtown centerpiece with great hope. There are icons of architectural opportunity <br /> that you may find strolling the downtown area during the daytime. The architectural <br /> opportunity the developer has brings some identity with better times past, with a new <br /> format that will bring a sense that something urban and new is taking place - a reason <br /> to be here. Not only will the retailers present an opportunity for enjoyment, but also the <br /> buildings will be lovely, blending and melding into the existing charm of the <br /> downtown. <br /> <br /> 33. What studies or data show that retail makes a cinema successful? <br /> <br /> Mr. lrmer stated he knows that cinema can make retail successful. There is a synergy <br /> between the two that works nicely when they are appropriate and do work together in <br /> size and substance. The opportunity that Century brings to the project and downtown is <br /> of that substance. Century is an operator that is successful, financially capable and <br /> wants to be downtown. <br /> <br /> 34. Describe the organizational structure of project, legal entities and relationships. <br /> <br />JOINT ADJOURNED REGULAR COUNCIL MEET1NG JANUARY 8, 2001 <br />MINUTES PAGE 14 <br /> MINUTES Book No.58 <br /> Page NO. 310 <br /> <br /> <br />