Minutes 1966 Jan to June - Laserfiche WebLink

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James Kuebelbeck aain reviewed recommendation made concern- ing a District assessor, and of answers which had been made to this question at the Public clinics, and explained other questions 1,%hich had been raised relative to the economic responsibility of the development. Councilman Royer asked who determined fair market value. Mayor Rosselli asked ,tiThy district assessor recommendation had not been discussed prior to this time, as this question was being asrded of him. Mr.. Kuebelbeck explained that consultant's staff had felt everyone familiar with assessment procedures would understand this approach, and hadn't felt this .,Jould be considered such a crucial point. Mayor Rosselli questioned results should Council not accept this recommendation concerning District Assessor. Mr. Kuebelbeck discussed alternatives which would have to be worked out with County Assessor. Councilman Royer felt point should be made clear that an assessor for the district had no effect on bonding capacity. ;"I�.yor Rosselli questioned par,- and recreation program and relationship to Federal Funds which might be available. Mayor Rosselli also questioned proposed college site in Redwood Shores and what effect its tax exempt status would have on the tax roll. Mr. Kuebelbec':17 indicated impetus to business in the area by college impact mould make up for the loss in tax revenue, and recited instances of effect on business of other colleges. Mayor Rosselli also questioned possibility of a transit system to this area. Mr. Reiter indicated this would have to be worked out later between project and other communities if needed at a. later time, and had been reviewed by Staff. Councilman Bury questioned tax ratio on developed and undeveloped land, and if Leslie is the only "ow,ner-developer" involved. After further question and answer period, Mr. Mendenhall. made a concluding statement on behalf of DMJM. 1. There will be expenditures of approximately 800 million dollars, including the building facilities which go in under private expenditures. Much of this will. come from outside Redwood City, but the effects in Redwood City will be profound. 2. Cost estimates have been made on a sound basis, with annual pro- vision for increase in costs and prices. Measure of the District's ability to pay has been made on a sound and conservative basis. 4. Guidelines have been provided to safeguard the District. City Manager then introduced Dr. James, Chairman of the Technical Committee, of the Schools Report. City I'vTa.na.ger announced this was study made upon .recommendation of School Districts concerned in the project and that Districts themselves chose the Advisory Committee which in turn set up the Technical. Committee :-Thich had set up scope and criteria of the report with all sharing in costs, including City partici- pation. He stated Dr. James had offered to made this report of his own good will in order to bring this to Council for benefit of public. Dr. James gave report on highlights contained in the report and read the following summary and recommendations: