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EDC 02-18-98 City of Cupertino Economic Development Committee Regular Meeting February 18, 1998 1. CALL TO ORDER At 7:42 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, Steve Dowling, Dorothy Steenfott, Bert Viskovich Chamber: Donna Lawler City Council: Wally Dean, John Statton Absent: Bob Cowan, Tom Hall, Sandy James Guests: Pam Marino, Ciddy Wordell 3. 4. NEW BUSINESS OLD BUSINESS A. Status of Key Development Activity Ciddy Wordell updated the committee on the status of key development projects. She stated that the Stevens Creek/DeAnza office project has been scaled down to a two story building. B. Economic Development Summit Planning Carol Atwood restated her feelings to do a summit this year. She stated that she would like to have a worthwhile event rather than do a summit every year just because it has always been done in the past. The committee discussed the possibility of doing a smaller more focused meeting and inviting key individuals fì:om the business community. Members expressed concern that key business leaders would not attend because the economy is doing well and summits are generally held when change is needed. The committee decided that the public needs to see what has been accomplished over the past two years and decided to place articles in the Courier and Scene to highlight the activities this committee has been involved with. c. Corporate Contact Updates Don Brown reported that a meeting was held with the managers of Valleo. He stated that the meeting went very well and that he is optimistic that there will be good changes for Vallco. Don also reported that Sun Micro is not ready to make contact with the City at this time. Bob Cowan, Don Brown and Sandy James met with Barry Watkins. It now appears that Target is ready to expand their operations in Cupertino. February 18, 1998 Economic Development Committee Page 2 D. Key Project Updates Donna Lawler will work with Bob Cowan and Tom Hall on the Luckys site. 4. ADJOURNMENT The meeting was adjoumed at 8:23 a.m.