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EDC 04-21-04 City of Cupertino Economic Development Committee Regular Meeting April 21, 2004 1. CALL TO ORDER At 8:10 a.m. Carol Atwood called the meeting to order in Conference Room A, 10300 Torre A venue, Cupertino. 2. ROLL CALL City Staff: Carol Atwood, Dorothy Steenfott, Ciddy Wordell Chamber: Orrin Mahoney, Gilbert Wong Absent: Jody Hansen, Sandra James, David Knapp, Richard Lowenthal, Mark McKenna, Steve Piasecki, Ralph Qualls, Guests: Jack Hubby, Sally Larson, Mahesh Nihalani, Karen Purtich 3. NEW BUSINESS A. Developer's Perspective on Cupertino Market Carol Atwood updated the committee on the purpose of the study session held with city council regarding Cupertino's market. The committee viewed the powerpoint presentation that was shown during the study session 4. OLD BUSINESS A. Proposed Growth Initiative Carol Atwood updated the committee on the current status of the initiatives. She indicated that signatures are currently being received and the initiatives are quite restrictive. The City is doing its due diligence by performing a study to ensure that all legal issues are addressed and whether the City can meet its housing element if the initiatives were to pass. Orrin Mahoney reported that the Chamber of Commerce board approved opposition to the initiatives and will be partnering with other concerned organizations. B. Review Contact List of Specific Targeted Businesses Orrin Mahoney distributed a list of 100 retailers in the u.S. for the committee to review and determine which businesses it would like to attract. Orrin indicated that he would get contacts for the list of businesses that were proposed in the Economic Development Plan. April 21, 2004 Economic Development Committee C. Key Development Activity Report Ciddy Wordell distributed the report and reviewed the status of several developments with the committee. 5. MISCELLANEOUS COMMITTEE UPDATES 6. ADJOURNMENT The meeting was adjourned at 9:25 a.m. ,Oo~~ 'Dorothy Ste tt, Record' g Secretary Page 2