BusHsgDev Highlights 2009 0514 - Laserfiche WebLink

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The Committee discussed the proposal, noting that no residents will be displaced by the planned improvements or anticipated changes in the income levels allowed within the property. Recommendation: The Committee recommended staff schedule approval of a $400,000 loan to Allied Housing for the refinancing, renovations, and rehabilitation of the Mission Bell Apartments. 2. Review of Keyser Marston's Proposed Assistance in Negotiating a Municipal Services Agreement with Kaiser Permanente Community Development Director Sims explained that, to date, most City efforts related to a proposed Kaiser Permanente Medical Center have focused on planning, environmental impacts, traffic, and design issues. The City is now initiating an assessment of the fiscal impacts of the project, particularly the cost of providing municipal services to the planned facility. The City expects to ultimately enter into a Municipal Services Agreement with Kaiser to provide a means of recovering the costs associated with City services to their facility. Business Development Analyst Kay provided details on a proposal from Keyser Marston Associates (KMA) to study the project's fiscal impacts and to provide assistance in the structuring of a Municipal Services Agreement. As anon-profit entity, the Medical Center will not be subject to property tax and, therefore, is likely to result in a negative fiscal impact on the City's General Fund. The KMA proposal will assess both the actual net costs to provide services as well as the opportunity cost of approving the project. The opportunity costs will be measured in terms of the fiscal impacts that would result from alternative development scenarios at the same site relative to the fiscal impact of the proposed project. The alternative scenarios will be defined as part of the KMA scope of services and will likely include retail and office development. The total cost of the KMA proposal is $46,500. Recommendation: The Committee directed the City Manager to execute a consulting services agreement with Keyser Marston Associates for assessment of the fiscal impacts of the Kaiser Permanente Medical Center and preparation of a municipal services agreement. 3. Downtown San Leandro a. Review of Downtown San Leandro Quarterly Report, First Quarter 2009 Business Development Manager Battenberg distributed copies of the Downtown San Leandro Quarterly Report for the First Quarter of 2009. The City hopes to have electronic copies of the report available in the future. The Committee discussed the report as well as general marketing and business attraction efforts in downtown San Leandro.