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08/19/1986
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SUCCESOR AGENCY(formerly Community Redevelopment Agency)
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COMMUNTY REDEVELOPMENT AGENCY (1974-2012)
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08/19/1986
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City Clerk
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Minutes
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8/19/1986
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<br />'. <br /> <br />. <br /> <br />Associates was so much lower than the other developers, Mr. <br />Tancredi stated that he felt it was probably due to the fact <br />that he would not to have to buy soil, which would cost <br />approximately $6 per yard, to comply with the requirements for <br />raising the site to meet the flood plain standards, adding that <br />he would be constructing an apartment complex in September <br />which would require excavation thus providing adequate soil for <br />the La Bonita site. <br /> <br />In response to reservations expressed by Agency Member Acosta <br />regarding the fact that there was a unit mix which included <br />two-bedroom units in the KSE proposal, the Project Manager <br />stated that the RFP did not specify a unit mix but left that up <br />to the developer. Mr. Acosta stated further that he did not <br />feel that the two-bedroom units would be marketable in the La <br />Bonita area. In response to further questions from Agency <br />Member Acosta regarding the amenities listed on the scoring <br />sheet, the Project Manager stated that the amenities were taken <br />from the proposals which the developers had initially submitted. <br /> <br />Agency Member McGuigan stated that, in her opinion, all three <br />proposals were very good and that the Agency was fortunate to <br />have them. She then moved that the Redevelopment Agency: <br /> <br />1. <br /> <br />Certify KSE Development, CTNC Associates and Posilovich <br />Enterprises as developers for the La Bonita site; and <br /> <br />. <br /> <br />Grant KSE Development a gO-day Exclusive Right to Negotiate <br />for the residential development of the La Bonita site. <br /> <br />The motion was seconded by Vice Chairman Johnson. <br /> <br />2. <br /> <br />Agency Members McGuigan, Johnson and Young all expressed the <br />opinion that the width of the streets was a most important <br />issue because it would prevent the overcrowding of parked cars, <br />and that the use of stucco for the exteriors of the homes was <br />preferable because of lower maintenance costs. They also <br />approved of the KSE proposal because it called for the closure <br />of Kraft and Morningside Streets, adding that they felt the KSE <br />Development proposal had a more pleasing streetscape because <br />the garage doors were not so prominent. <br /> <br />. <br /> <br />Agency Member Acosta stated that he disagreed with some of the <br />comments and that, based on his experience with construction <br />activities in the area of development, he felt that buyers did <br />not look at the width of the street before considering the <br />amenities afforded inside the home, adding that people were <br />impressed by the square footage of the rooms. He pointed out <br />that the question of square footage was most important in the <br />valuation of the investment made in a home. <br /> <br />Agency Member Luxembourger stated that <br />motion because of the wider streets <br /> <br />he would support the <br />and the more attractive <br /> <br />7 <br /> <br />lJ <br />
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