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EDC 01-17-01 City of Cupertino Economic Development Committee Regular Meeting January 17,2001 1. CALL TO ORDER At 7:37 a.m., Carol Atwood called the meeting to order in Conference Room A, Cupertino City Hall, 10300 Torre Avenue. 2. ROLLCALL City Staff: Carol Atwood, Dave Knapp, Steve Piasecki, Therese Smith, Dorothy Steenfott, Chamber: Bill Jones, Orrin Mahoney, Bill Sullivan City Council: Sandra James, Richard Lowenthal Absent: Linda Asbury, Ralph Qualls, Bill Jones, Bill Sullivan Guests: John Moss, Dan Safier 3. NEW BUSINESS A. Promethius Development Update Representatives from Promethius Development updated the committee on the city center project. It was stated that escrow has closed on the land with Kimpton and they expect to have construction plans completed in the next two months. The committee was also updated on the Lake Biltmore construction and the Villa Serra construction plans. 4. OLD BUSINESS A. Cupertino Appreciation Day 2001 The committee chose August 8 for this year's event. B. Business Recognition Program Proposal Carol Atwood described two recommendations from the sub-committee. The sub-committee determined that we could recognize major development projects or the top ten sales tax producers. The committee chose to recognize the top ten sales tax producers with a luncheon.