PC 07-19-99MINUTES
CUPERTINO CITY COUNCIL - REGULAR ADJOURNED MEETING
CUPERTINO REDEVELOPMENT AGENCY ~ SPECIAL MEETING
CUPERTINO PLANNING COMMISSION ~ SPECIAL MEETING
Monday, July 19, 1999
PLEDGE OF ALLEGIANCE
At 6:00 p.m. Mayor Dean called the meeting to order in the Council Chambers, 10300 Torre
Avenue, Cupertino, California, and led the Pledge of Allegiance.
ROLL CALL
City Council members present: Mayor Wally Dean, Vice-Mayor John Statton, and Council
members Don Bumett, Michael Chang, and Sandra James. Council members absent none.
Redevelopment Agency members present: Chairperson Wally Dean, Vice-Chairperson John Statton,
and members Don Burnett, Michael Chang, and Sandra James. Agency members absent none.
Planning Commission members present: Chairperson David Doyle, Vice-Chairperson Andrea
Harris, and Commissioners Charles Corr, Patrick Kwok, and Jerry Stevens.
Staff present: City Manager Don Brown, City Attomey Charles Kilian, Administrative Services
Director Carol Atwood, Community Development Director Bob Cowan, Parks and Recreation
Director Steve Dowling, Public Works Director Bert Viskovich, and City Clerk Kimberly Smith.
PROPOSED CUPERTINO VALLCO REDEVELOPMENT
Joint meeting of the City Council, Redevelopment Agency, and Planning Commission to
consider a redevelopment project at Vallco Fashion Park:
(a) Overview of redevelopment process and briefing concerning proposed Cupertino
Vallco Redevelopment Project
The City Manager gave an overview of the project to redevelop Vallco Mall, which
has fallen on hard times. In 1987 the city first formed a Redevelopment Agency for
Rancho Rinconada and the Vallco Mall, but those projects were never undertaken.
Tonight the Redevelopment Agency (consisting of the same membership as the City
Council) will implement the Vallco project.
Ms. Martha Packard, representing the redevelopment consultant Keyser Marston
Associates, Inc. She said that the redevelopment process will take about eight
months and there will be a series of actions, documents, legal notices, an
environmental impact report, open discussions with taxing agencies, etc. The first
step tonight will be the designation of the survey area. Then the Planning
Commission will adopt the preliminary plan. The Redevelopment Agency will
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(b)
Cupertino City Council July 19, 1999
receive and approve the preliminary plan, and designate the project area and base
year. Although the redevelopment project must be in place by July 2000, they
anticipate it will be completed by February. The Redevelopment Agency will
receive the preliminary report, draft EIR, and draft plan in October. This is an open
and public process, and the public is invited to comment.
Introduction of representatives of the JG Cupertino LLC, Vallco Fashion Park
property owner.
Mr. Tim Kelly, Keyser Marston Associates, Inc., gave a brief slide presentation and
distributed copies of the information. The briefing covered the history of the center,
discussed the overall economic decline of the center, including obsolescence, decline
in market conditions, declining sales, high vacancy levels, low lease rates,
complications in ownership pattems, and the shopping center's position in the
market.
Mr. Jim Abilene represented the Richard E. Jacobs group, which is the developer and
owner of Vallco. He said the Jacobs Group is headed by Richard Jones, and is the
largest privately-owned shopping center company in the country, with 280 people on
staff. It is also active in the hotel industry, and owns 47 million square feet of
commercial space. The company has been so successful because they continue to
adapt to changes in the market and retail landscape. Mr. Abilene said they will keep
upgrading the merchandising mix at Vallco, and renovating the Macy's store was one
of the first steps. Next will be the addition of another fashion department store, and
the Jacobs Group hopes to conclude negotiations with Dillard's soon. Also planned
is a new entertainment anchor, such as a multiplex theater, as well as improved food
offerings and a new food court.
(c)
Receipt of advice concerning the conflict disclosure requirements of the California
Community Redevelopment Law
Ms. Nicki Murphy represented Murphy & McNay, legal counsel. She pointed out
the conflict disclosure requirements of California community redevelopment law,
which were included in the backup materials.
ADJOURNMENT
Planning Commission and Redevelopment Agency meetings adjourned. The Council meeting
continued with regular business.
mith
City Clerk