EDC 05-21-03
City of Cupertino
Economic Development Committee
Regular Meeting
May 21, 2003
1.
CALL TO ORDER
At 8:15 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, David Knapp
Chamber: Orrin Mahoney, Mark McKenna, Gilbert Wong
City Council: Richard Lowenthal, Sandra James
Absent: Dorothy Steenfott, Jody Hansen
Guest: Keith Dias
3.
NEW BUSINESS
A.
Master Developer Site Process
Kirk Heindricks, City of Campbell, gave a very informative presentation on the
Master Developer Site Process. Kirk discussed what constitutes a master
developer site, the purpose of establishing one, the process itself and the
advantages and disadvantages. The committee then asked questions in relation to
the Valko Fashion Mall. (See attached outline.)
4.
OLD BUSINESS
A.
Site Visits
Steve Piasecki reported that the parking demand for BJ's has slowed down, thus
decreasing the need for additional parking from the Apple site. Staff will continue
to monitor the situation.
Sandy James reported that Borland is moving ahead with their tenant
improvements and plans on moving into the new office space in July.
B.
Cupertino Appreciation Day
Carol Atwood reported that James Liu has agreed to sing the National Anthem.
She will follow up with the Mayor to see if he will be throwing out the first pitch.
May 21, 2003
Economic Development Committee
Page 2
C.
Local Business Exit Interview Report
McWhorters is closing and Steve Andrews is looking for a new tenant for the
lease of approximately 23,000 square feet. Sandra James reported that she had
heard that the business was undercapitalized from the beginning.
D.
Upcoming Ribbon Cutting Ceremonies
There will be a ribbon cutting on June 5 at 11 :00 a.m. for Best Financial &
Management Co, 10051 S. DeAnza Blvd.
5.
MISCELLANEOUS COMMITTEE UPDATES
A.
Extended Stay America is reapplying to City Council on June 2.
B.
The Flames is looking at the old Carrow's site.
C.
HP is still trying to sell their land.
D.
Civic ParkITown Center was approved at the May 19 Council meeting.
E.
Dr. Jim Brown of Durect on Bubb Road will be our guest speaker next month
discussing the success of his small business.
6.
ADJOURNMENT
The meeting was adjourned at 8:42 a.m.
~~ a;lu~
Carol Atwood, Director of Administrative Services