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The Committee discussed the proposed theater use and timing of the improvements with Mr. Dillman. Recommendation: Approval a $50,000 forgivable reimbursement loan to assist in the restoration of the marquee and entry doors at the Bal Theater. 5. Update on Development Projects a. Downtown Quarterl~Update: Business Development Manager Battenberg provided the Committee with a copy of the Second Quarter 2009 Downtown Quarterly Update (see attached). b. Stepping Stones: Business Development Manager Battenberg informed the Committee that the City began working Stepping Stones, an employer of the developmentally disabled on July 1 to maintain the downtown. Stepping Stones will employee between four and six workers and one supervisor cleaning downtown each weekday, allowing the Public Works department to reduce the amount of staff time needed to maintain downtown. c. Auto Mall Dealer Monument Sign: Community Development Director Sims explained that in 2004 the Agency assisted the San Leandro Auto Mall Dealers Association (SLAMDA) with the cost of constructing the Auto Mall Dealer Monument Sign located in the median of Marina Boulevard. Since that time SLAMDA had been responsible for the cost of maintaining the sign and the associated liability insurance. Sims explained that in recent years SLAMDA has struggled as an organization and their membership has failed to raise the funds necessary to maintain the insurance premium. Consistent with other Redevelopment Agency's and at the request of SLAMADA staff is proposing the Agency take ownership of the sign Recommendation: Direct the Executive Director of the Redevelopment Agency to modify the Memorandum of Understanding between SLAMDA and the Agency to allow the Agency to take ownership of the sign. 6. Public Comments None 7. Committee Member Comments: Council member Sousa suggested staff discuss the possibility of contracting with Stepping Stones for Shoreline maintenance. 8. Adjourn The meeting adjourned at 5:30 p.m.