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<br />I I 'I <br /> <br /> retail portion for at least 10 years, adding that he actually intended to keep this <br /> development "in the family" as he had with all his other developments. <br />- Fran Wagstaff advised that to qualify for the tax credits granted, the project had to <br /> be completed and occupied by December, 1997. <br /> Council/Board Directors and staff discussed the cultural component now reserved <br /> as a generic space, and Ms. Wagstaff described the child care facility and her hope <br /> for a non-profit operator who would be sensitive to the clientele in the development <br /> and keep the services affordable. Ms. Wagstaff described the proposed after school <br /> programs, with tutors, for children living in the development, and their success at 17 <br /> other sites. <br /> In response to CouncillBoard Directors questions, Mr. Raiser described the joint <br /> cooperative effort expected ITom the Merchants Association and management. <br /> In response to CouncillBoard Directors questions, Matt Schwartz, MidPeninsula <br /> Housing, described their occupancy strategies, and advised that although a maximum <br /> of five people can move into a two bedroom unit, the average is 1.25 per bedroom. <br /> He described the intense competition for these units, the lottery and screening <br /> processes that include credit checks, rental history and reference checks. Mr. <br /> Schwartz stated that the income range for residents is $15,000 to $50,000 and they <br /> would provide a built-in customer base for the retail component of the project. <br />- 2) Open public hearing; <br /> Mayor/Redevelopment Agency Board Chairman Hartnett declared the public <br /> hearing open at 8:08 p.m. <br /> 3) Hear public comment; <br /> Mayor/Redevelopment Agency Board Chairman Hartnett called upon those in <br /> the audience who had submitted speaker's cards and wished to address this issue. <br /> Don Saye, 2021 Broadway, spoke in favor of the development and the design, and <br /> urged the Council! Agency Board to approve the project. <br /> Kristen Anderson, 425 Lincoln Avenue, Redwood City Child Care Coordinator, <br /> spoke as a resident and the City's Child Care Coordinator, and urged approval of the <br /> project that would support safe and healthy families. <br /> Peter Hughes, 18 Admiralty Court, spoke to the issue of the $12,000 subsidy per <br /> unit, and stated that the City should address the issue of a fire station in Redwood <br /> Shores before spending that amount of money on affordable housing. <br />- <br /> Special Meeting Minutes MINUTE BOOK NO.1 <br /> February 5, 1996 Page No: 291 <br /> Page 3 <br />