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<br /> . I ,. <br /> In answer to Directors' questions, Acting Planning Director Jany described <br /> how staff is working with CalTrans on the clock tower that will be built <br /> at the eastern terminus of James Avenue near the entrance of the CalTrain <br /> parking garage. The Board directed staff to make drawings available to the <br /> - Board as well as the Planning Commission. <br /> MEMO 12/7/93 <br /> Mayor Buchan invited anyone who wished to speak to please do so. <br /> Joe Steinfeld, Main Street merchant, asked questions of the Board relating <br /> to the sale of Sequoia Station. This matter was referred to staff. <br /> MEMO 12/7/93 <br /> Mr. Steinfeld addressed the Board regarding the Fox Theatre and asked for a <br /> negotiating committee chaired by Councilman Greenalch and stringent <br /> conditions on further uses. <br /> Don Saye, Broadway merchant, spoke in favor of the Fox Theatre as a viable <br /> civic and artistic center. Mr. Saye advised that the downtown area should <br /> be for business and not for more affordable housing like the Sequoia Hotel. <br /> Director Greenalch stated that the Redevelopment Agency is committed to <br /> providing affordable housing for families, seniors and the disabled; for <br /> hard working people like teachers who make $29,000 a year who would qualify <br /> under the affordable housing formula. Director Greenalch advised that <br /> government subsidized housing has not worked and the Agency's affordable <br /> housing plans do not include more single occupancy residences such as <br /> the Sequoia and Clift Hotels. <br /> - In response to Directors' questions regarding the Fox Theatre budget, <br /> Director La Berge advised that the Fox Theatre Task Force is in the process <br /> of developing an overall report that will be presented to Council and the <br /> Agency in January. <br /> 1) MIS: lA BERGEIGREENALCH TO APPROVE THE 8TH AMENDMENT TO THE BOND ISSUE <br /> BUDGET, ITEMS 1 THROUGH 16 AS lISTED IN THE EXECUTIVE DIRECTOR'S REPORT <br /> OF 12/6/93 AS SUBMITTED <br /> CARRIED BY UNANIMOUS VOICE VOTE. <br /> MINUTE ORDER NO. RD 93-029 <br /> ---------------------------------------------------------------------------------- <br /> 4. CLOSED SESSION <br /> None held. <br /> ---------------------------------------------------------------------------------- <br /> - Redeve 1 opment Agency Mi nutes <br /> December 6, 1993 <br /> Page 2 MINUTE BOOK NO.1 <br /> Page No. 150 <br />