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provide support for this process, including coordinating technical work necessary to cam <br />out pre -development steps. <br />Priority: MEDIUM. It is estimated that the School District will require up to one year to <br />cam, out the procedural steps necessary to declare its portion of the propem surplus. <br />After this process is completed. the timing for the marketing and development of -the site <br />will depend on market conditions. <br />Costs and Sources of Funding. The costs of this site reuse process will initially be <br />primarily in -kind staff time and time for public officials to hold discussions about <br />objectives for the future of the site. If an MOU is established between the City and the <br />School District. expenditures will likely be required for technical studies necessar% to <br />develop a feasible reuse plan. Immediately after establishing an M.O.U, it may be possible <br />for the School District and the City to negotiate with an interested developer to invest in <br />pre -development work based on an agreement regarding the eventual transfer of the <br />property to the developer. Costs for this action would likely be HIGH: however. the City <br />should be able to recover its investment in the process through the eventual disposition of <br />City property to a commercial user. <br />Action 3.3: Create A Home Furnishings/Accessories District <br />An informal concentration of home furnishing stores has developed in San Leandro in the <br />Alvarado Street area. These stores should be encouraged to organize themselves into a <br />"home furnishings district" that could benefit from joint marketing and promotional <br />activities. Home furnishings is a goods category that is particularly well suited to such <br />efforts because the% represent big ticket items for which customers tend to comparison <br />shop before making their purchasing decisions. Creation of a furniture district would <br />provide two significant benefits to local furniture retailers. First, developing a furniture <br />retailing district will help to create an identity, as a regional furniture shopping destination. <br />whose draw is greater than the sum of its parts. Secondly, furniture retailing is larger <br />driven b% advertising and this presents the opportunity for district members to achieve <br />greater efficiency and effectiveness bv engaging in joint marketing. Possible marketing <br />opportunities could include cooperative media advertising. similar to auto -malls or <br />downtown associations: coordinating individual store sale events to coincide on the same <br />weekends along with family activities and giveaways. etc.: distributing a map of local <br />furniture retailers along with coupons or offers from participating businesses in new <br />homeowner packets distributed b, Realtors: joint sponsorship of a booth at home expos <br />held in the region. <br />The City should provide furniture store owners in the district with technical assistance to <br />build a merchants' organization similar to the Downtown Business Association. This <br />group could then work together to execute marketing and promotional activities. In <br />addition. the Cite could create a banner program like the one already being used in other <br />51 <br />25I <br />