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<br />had plans for improvements but had to wait until the Highway 101 improvements were <br />completed. Mrs. Parcell responded to several blighted conditions cited in the Report <br />and explained they did not apply to her property. She said the conditions cited are <br />problems of code enforcement and supply and demand in Area 1, and not <br />redevelopment issues. She said, "One of the reason assessed valuations have not gone <br />up dramatically is because many of the properties have not changed hands often or <br />recently." Mrs. Parcell said when service companies are forced out of the City, jobs <br />can be lost and prices might have to rise. She said there is not a comparable site in the <br />City to relocate her business, which needs a large space for trucks and freeway access. <br />Mrs. Parcell said the underground tank on her property is legal and services 50 trucks. <br />She said everyone will end up paying more if the City eliminates industrial companies. <br />She said, "If the 4th Amendment is adopted, the value of their properties would no <br />longer be governed by the market place and free enterprise, because all of the <br />properties are along the 101 corridor, and if we want to sell a property the value would <br />be questionable, since the proposed buyers would know that they could be <br />redeveloped, also." <br />Director Church said, "I want to remind the CounciVAgency that simply by <br />establishing a Redevelopment District, you are not necessarily implying that you are <br />going to act in that area right away." He said there are properties established in 1982 <br />that have not changed. Director Church said the Council could decide to act and the <br />property owners would be invited to participate, or developers can come to the <br />CounciVAgency with a proposal, such as Sequoia Station. Director Church said there <br />was no evidence that establishing a Redevelopment District has created a problem <br />either buying or selling properties in the Area over the sixteen years of the <br />Redevelopment Agency. <br />Mayor/Chairperson Howard asked that errors in the Report be corrected. Director <br />Church said the properties, although incorrectly identified, were in the proposed <br />amended area. <br /> MEMO 6/10/98 <br />Deborah Livornese, from the law firm Wendell, Rose and Black and Dean, 1111 <br />Broadway, Oakland, speaking on behalf of Malibu Grand Prix, said the business <br />occupied approximately 14 acres in Area 2. She said it had been there almost 20 years <br />and is a thriving success attracting approximately I million visitors per year to <br />Redwood City. Ms. Livornese said Malibu Grand Prix is an active contributor to the <br />community. She said Malibu Grand Prix had been in discussions with City staff for <br />the last 18 months relating to improved upgrades, but had not learned of this proposed <br />amendment until last week, and did not receive a mailed notice. Ms. Livornese said <br />she received materials relating to the amendment last Friday and had not had time to <br />fully consider them, and the notice given was not adequate. Ms. Livornese said she <br />had also submitted written comments. She said Area 2 was home to many thriving <br />AGENDA FOR THE JOINT PUBLIC HEARING MINUTE BOOK NO.1 JUNES, 1998 <br />AND CONCURRENT MEETING WITH THE Page No. 483 PAGE 8 <br />CITY COUNCIL <br />