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The Committee discussed the process three years ago and it was noted that Council was not <br /> given the opportunity to engage with CASTO. At the time, Council was simply asked to provide <br /> an up or down vote on the proposal from the city's previous development partner. <br /> Director Leininger explained some of the differences between CASTO's original proposal and <br /> the proposal from the city's previous development partner. <br /> The financing of the project was discussed. Mr. Turnock stated that CASTO would explore new <br /> strategies as well as the strategies previously identified. He stated that it was a bit premature to <br /> answer questions about financing with much detail. <br /> Councilmember Litten identified strengths of the City's original development partner, which <br /> were proposing a public space,proposing as much retail space as the market could bear and <br /> successful public engagement. Several councilmembers agreed that the city's previous <br /> development partner had been successful with community engagement. <br /> In response to a councilmember question, Director Leininger elaborated on the bullet points <br /> within the resolution, stating that they refer to the original development objectives, one of which <br /> is to try and help Lakewood companies to grow and expand by providing new commercial <br /> spaces for them. <br /> In response to questions, Mr. Turnock stated that CASTO would partner with Dimit architects <br /> and will have a competitive process for a general contractor. <br /> President O'Malley expressed enthusiasm for the prospect of partnering with CASTO and North <br /> Pointe. <br /> The administration clarified that the objective of Resolution 2020-71 is to have Council and the <br /> administration on the same page before beginning negotiations on a term sheet. <br /> A motion was made and seconded to recommend adoption of Resolution 2020-71. <br /> The Committee discussed the next steps with the administration including reconvening the <br /> advisory panel, Council updates, website updates and neighborhood meetings. <br /> President O'Malley expressed appreciation that Council updates are baked into the process and <br /> encouraged the administration to update Council as often as needed. <br /> A roll call vote was conducted on the motion as follows: <br /> Yeas: Bullock, Litten, Neff, O'Malley, Rader, Shachner <br /> Nays: none <br /> Absent: Kepple <br /> Motion passed. Resolution 2020-71 recommended for adoption. <br /> Committee of the Whole adjourned at 6:52 p.m. <br /> 3 <br />