| P4 Panel Recommendation Regarding the Admiral
Garage Proposal
Draft Resolution:
We the following members of the P4
Panel reviewing the Admiral Garage proposal met on Friday, June 02, 2000. We
were briefed by City staff, asked questions, heard comments from members of the public,
and engaged in discussion about the project’s public benefits.
During the presentation, City staff
acknowledged that there is no foreseeable monetary economic benefit for the city in this
public-private partnership. However the Admiral neighborhood is of the opinion that the
availability of public parking will be a significant neighborhood enhancement which will
greatly benefit the Admiral business district. As a result, this development is a top
priority for the city.
We came to the following conclusion:
We believe that the City should move
forward with the project, with the following recommended actions:
- The City should conduct further
analysis on the operating expenses and expected revenues of the project in order to
determine the full amount of ongoing City liability.
- The final contract with the developer
should contain a clear cap on the City’s financial contribution to the project.
- In the interest of keeping housing
affordable, the City should further explore which entities will be assessed for the
Parking Business Improvement Area, and should consider ways to minimize the impact on
housing (including excluding multi-family residences from the assessment or developing a
two-tiered assessment which allows for a lower contribution by owners of multi-family
residences).
- The City should further evaluate the
demand for parking in the Admiral neighborhood, taking into consideration, among other
things, the positive and negative impacts that the new residents (of the assisted living
and condominiums) will have on the demand for parking. The project should accurately
reflect the demand for parking.
- The City should consider incentives and
more flexibility in building plans to encourage the developer to provide more parking than
he would normally be required to provide.
Signed
Bill Rex, Chair
Rafael Stone
Scott Surdyke
Josephine Tamayo Murray
Dinah Thoreson
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