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CDC - Item 2B - Minutes 9-26-06• MINUTES OF THE REGULAR MEETING' ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION September 26, 2006 Chairman Taylor called the regular meeting of the Rosemead Community Development Commission to order at 7:00 p.m. in the conference room of City Hall, 8838 E. Valley Boulevard, Rosemead, California. Vice-Chairman Nunez led the pledge to the flag and Commissioner Imperial led the invocation. ROLL CALL OF OFFICERS: Present: Commissioners Imperial, Tran, Vice-Chairman Nunez, Chairman Taylor Absent: Commissioner Clark (excused for other City business) 1. PUBLIC COMMENTS FROM THE AUDIENCE None 2. CONSENT CALENDAR A. Resolution No. 2006-21 Claims and Demands Recommendation: Adopt Resolution No. 2006-21, for payment of Commission expenditures in the amount of $16,987.40 demands 7978 through 7987. . B. Authorization to attend California Redevelopment Association Affordable Housing Conference, October 25-26, 2006, San Jose, California. Conference sessions will include Inclusionary Housing, State Housing Programs, Propositions 1 C and 90, Managing for the Long Term, Affording Housing, New Development in Property Taxes, and Community Land Trusts. Recommendation: That the Commission authorize any Commissioner, the Executive Director and staff designee to attend the CRA Affordable Housing Conference at City Expense. CDC Minutes 09_26_06 Page 1 of 3 • A motion was made by Vice-Chairman Nunez with a second by Commissioner Tran that the Commission adopts Item A: Resolution No. 2006-21 for payment of Commission expenditures in the amount of $16,987.40 demands 7978 through 7987 as well as Item B on the Consent Calendar. Vote resulted: Aye: Imperial, Nunez, Taylor, and Tran No: None Absent: Clark Abstain: None The Chairman declared said motion duly carried and so ordered. 3. MATTERS FROM THE CHAIRMAN & COMMISSIONERS None 4. MATTERS FROM THE EXECUTIVE DIRECTOR & STAFF A. Discuss Overview of Development Proposal at Southeast Corner of Rosemead Boulevard and Valley Boulevard Mr. Brian Saeki reported on the latest proposal which includes a 3,500 sq. ft. Bank of the West building on the Rosemead side of the site and a 12,000 sq. ft. multi-tenant building on Valley Blvd (1.8 acres). The bank will have a drive-up component based on a tube-fed system. Staff is focusing on a water design component with outdoor dining at the corner. Development at the Chinese Yellow Pages building.(1 acre) is also planned; an appraisal has been received and plans will be submitted to the Commission. Director of Planning Brad Johnson indicated the City is hoping for a signature development, perhaps with a mixed use multi-story building that will create a vibrant corner. An opportunity to vacate Steele street may exist (.5 acre) after public hearings. The total combined area (if the street is vacated) will be about three acres. Chairman Taylor expressed concern about a dining area facing the busy intersection of Rosemead (traffic of 50,000 cars. per day) and Valley (40,000 cars per day). CDC Minutes 9-26-06 Page 2 of 3 0 Staff is hoping this type of development will lead to additional development in the future. At this time, the project is anticipated to have two owners, because of the uncertainty of the Steele St. vacation. It is the goal of the City to develop a vibrant commercial corner at the Southeast corner of Rosemead Boulevard and Valley Boulevard. B. Development Update The property owner of the Southeast corner of Rio Hondo and Valley Boulevard will submit a preliminary architectural plan for review. Chairman Taylor and Commissioner Imperial expressed support for additional commercial projects in the City of Rosemead. Several developers have expressed interest in development of the current Levitz store location. Developer YK America has submitted a proposal in draft form. Staff will continue to work with developers and present additional information when appropriate. 5.ADJOURNMENT There being no further action to be taken at this time, a motion was made by Vice-Chairman Nunez to adjourn the meeting at 7:20 p.m. The next regular meeting is scheduled for October 10, 2006 at 7:00 p.m. Respectfully submitted: APPROVED: Commission Secretary CHAIRMAN CDC Minutes 9-26-06 Page 3 of 3