RDA Min 1993-08-16 - Laserfiche WebLink

Browse Search

--- -- ------ --- --- . - - - - -.- ---- David Irmer, President, Sausalito Equity Interests, Inc. described his ten-year participation in the development of Sequoia Station, previous use of eminent domain that allowed Sequoia Station to go forward, and the desire of the current owner Safeway to complete the project. Mr. Irmer asked the Agency to give him the opportunity to work with all the principals, and that each party develop a site specific plan and bring it back to the Agency for review. Mr. Irmer described the financial realities of developing Sequoia Station and assured the Agency that only a company as big and as strong as Safeway would be financially able to develop the last parcel of the project. Joe Steinfeld, Main Street Merchant, suggested that Safeway buy the property across Jefferson to the south and move the auto dealership to that property. City Manager Everett asked the Director's to not make a decision at this time regarding redevelopment of the subject site, but direct staff to prepare a report on the following issues and bring it back to the Agency within 60 days: 1. What are the owners and leaseholders of the subject site willing to do to improve the appearance of the property and make it more compatible with Sequoia Station? 2. What would that corner look like without the auto dealership? 3. What is the best 1 and use for that site? 4. Are there good alternative locations for the auto dealership? 5. What are the revenue impacts if the dealership moves out of the City? Director Greenalch stated that although the status quo was not acceptable to him it should be included as an option in the report, Mr. Irmer's track record was admirable, the master developer of the project did not want an auto dealership on that corner, but he wanted the auto dealership to remain unless a Solomonic solution could be found. The Directors discussed the need to involve all five parties in the options developed for that site: Mr. Al Davies, Mrs. Rosalie Davies, the Kopfs, Safeway and the Redevelopment Agency. M/S: lA BERGEIGASPARINI TO DIRECT STAFF TO PREPARE A REPORT ADDRESSING THE FIVE ISSUES lISTED ABOVE BY THE CITY MANAGER, INCLUDING THE STATUS QUO, AND BRING IT BACK TO THE AGENCY WITHIN 60 DAYS. CARRIED BY UNANIMOUS VOICE VOTE. MINUTE ORDER NO. RD 93-018 Redevelopment Agency Minutes MINUTE BOOK NO.1 August 16, 1993 Page No. 130 Page 4