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<br />Committee members will review the map boundaries and notify staff of any major <br />changes/suggestions. <br /> <br />A meeting update regarding The Depot will be provided by Pat Whitaker. <br /> <br />7. PROJECT UPDATES <br /> <br />a) 4TH Street Pushcart Status- <br /> <br />Staff visited the vendor to see how production was progressing. This is a <br />custom order, which takes longer; however, the builder will try to expedite the <br />order. Completion is still anticipated to be February or March 2006. <br /> <br />b) SC Gas Buildinq <br /> <br />The Orange County Children's Therapeutic Arts Center and the Chapman <br />Film School are still interested in possibly occupying the building. A decision <br />is yet to be made. <br /> <br />c) Phase III Olson Lofts Status <br /> <br />( <br />'-, <br /> <br />To date, there is no proforma as yet and density is still an issue. The Olson <br />Company notified staff that a new team is being assembled to review the <br />issues and will report their findings in about a month. Staff will look into the <br />City conducting an audit. <br /> <br />A discussion ensued regarding the dirt parking lot. Public Works and <br />Planning and Building will contact the Olson Company with a possible <br />solution for the time being. <br /> <br />d) Otis Buildino Update <br /> <br />Pat Whitaker contacted Rikki Zuckerman, owner of the Otis Building. Ms. <br />Zuckerman requested a letter of commitment. A bench has been purchased. <br />The City is waiting until the entire building is painted before moving forward. <br />Staff will continue working on this issue. <br /> <br />e) Construction of Archway Sion on South Main Street <br /> <br />( <br />\ <br /> <br />Based on research conducted by staff two feasible locations were selected _ <br />(1) approximately 25 feet north of Walnut Street and (2) approximately 50 feet <br />north of Broadway. The sign will span across Main Street at an 18 foot <br />clearance from the center of the roadway. The cost for the two archway signs <br />is $1.5 million. This cost includes design, graphics design, sign fabrication <br /> <br />City Council Committee on Main <br />Street Development - Minutes <br /> <br />3 <br /> <br />November 3, 2005 <br /> <br />138-8 <br />