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EDC 04-16-03 City of Cupertino Economic Development Committee Regular Meeting April 16,2003 1. CALL TO ORDER At 8:05 a.m. Carol Atwood called the meeting to order in Conference Room A, 10300 Torre Avenue, Cupertino. 2. ROLL CALL City Staff: Carol Atwood, Steve Piasecki, Ralph Qualls, Dorothy Steenfott, Chamber: Keith Dias, Jody Hansen, Orrin Mahoney, Mark McKenna City Council: Richard Lowenthal Absent: Sandra James, David Knapp Guest: Planning Commissioner Gilbert Wong 3. NEW BUSINESS A. Valko Update Steve Piasecki reported that a council study session was held to discuss areas of concern. He stated that the developers who plan to purchase the site are local and should be easier to work with. B. Cupertino Appreciation Day The committee discussed possible candidates to perform the National Anthem at the August 6 San Jose Giants Game. 4. OLD BUSINESS A. Key Development Activity Steve Piasecki reported that a proposal for the Town Center project is being prepared that does not require a General Plan amendment. The proposal is expected to be reviewed by the Planning Commission on April 28. Steve also reported that Extended Stay America is reapplying to city council in May. B. Local Business Exit Interview Report Jody Hansen reported that she met with a representative from The Wherehouse. She stated that there are 200 stores that will be closing and that it was an overall business decision to close the Cupertino store. April 16,2003 Economic Development Committee Page 2 She also reported on a meeting with The Collection at the Oaks Shopping Center. She stated that the decision to close the store was due to an increase in the lease amount and that the owner really wanted to take a break from working long hours. C. Upcoming Ribbon Cutting Ceremonies The Cupertino Community Services ribbon cutting will be held on April 29. 5. MISCELLANEOUS COMMITTEE UPDATES 6. ADJOURNMENT The meeting was adjourned at 8:42 a.m.