EDC 03-18-98
City of Cupertino
Economic Development Committee
Regular Meeting
March 18, 1998
1.
CALL TO ORDER
At 7:38 a.m. Carol Atwood called the meeting to order at Cupertino City Hall, 10300
Torre Avenue, Conference Room A, Cupertino.
2.
ROLLCALL
City Staff: Carol Atwood, Don Brown, Bob Cowan, Steve Dowling, Dorothy Steenfott,
Bert Viskovich
Chamber: Donna Lawler
City Council: Sandy James, John Statton
Absent: Tom Hall
3.
NEW BUSINESS
A.
Economic Development Committee Contacts
Carol Atwood reported that an updated phone list of committee members was
included in the agenda packet.
4;
OLD BUSINESS
A.
Status of Key Development
Bob Cowan reported that Tandem is considering a long-term application. He also
stated that the Market Place is considering an expansion to a two story building
and revising the landscaping.
Corporate Contact Updates
B.
Steve Dowling reported that he spoke with the manager of Sears, Mark Adamson.
Steve stated that Sears is hoping to expand by 35,000 square feet to add a home
life store and that the expansion should produce $6 million in additional revenue
each year.
Sandy James reported that Sun Micro is not interested in meeting with the City at
this time. She also stated that McWhorters is ready to move on July 1 and a
meeting with Cupertino Village is being scheduled.
Don Brown distributed correspondence he received from the Attorney General's
office regarding Valleo. He stated that the settlement agreement is being
amended to include Valleo. Don also stated that he is still optimistic that positive
changes will be taking place at Vallco soon.
Carol Atwood reported that she had invited the Penney's manager, Jim Kegley to
Rotary. She stated that Jim feels very positive that the Jacobs Group will be able
to make changes at Valleo.
Donna Lawler and Sandy James agreed to work with the manager of the Shane
Company.
March 18, 1998
Economic Development Committee
Page 2
C.
Key Project Updates
Bob Cowan and Bert Viskovich reported that they met for a brainstorming session
to consider possible incentives that could be given to property owners to upgrade
their centers.
5.
MISCELLANEOUS COMMITTEE UPDATES
John Statton reported that Linda Asbury will be the new Chamber director and will be
joining the Economic Development Committee.
6.
ADJOURNMENT
The meeting was adjourned at 8:35 a.m.