Revitalization Commission Agenda and Packet 2024 09 18

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Revitalization Commission Minutes August 21, 2024 Page 2of9 Chair Adler made a motion to approve the July 17 meeting minutes as amended. Commissioner Tofte seconded. The July 17 meeting minutes were approved as amended. Chair Adler made amotion to approve the August 6 meeting minutes. Commissioner Harald seconded. The August 6 meeting minutes were approved. Public Comments on Items Not on the Agenda: None. Commissioner Comments on Items not on the agenda: None. Business Matters of Commission: Discussion and Decision for Approval of Proposed Scope of Work with Trestle Strateav Group The Economic Vitality Manager introduced this topic and asked Commissioner Harald to provide an overview of the proposal to work with Trestle Strategy Group for a property evaluation of the Chase building. A summary of the contract recommended by Commissioner Harald was included in the meeting packet. Danica Powell of Trestle Strategy Group provided an overview of the firm and the services it offers, including her background working with governmental agencies, schools and universities. Commissioner Comments: Commissioner Lipton commented that it sounds like part of the intent of the engagement would be to assist staff in working through limitations of the and he asked staff if they are welcoming of this support. The EV Staff and planning, comm dev staff would work with her as going through. Commissioner Williams asked for clarification on if this is to consider acquiring the Chase building or is it more of a high level what could be done with the building. The EV Manager responded that this is to identify options for the building, such as keeping it as is, opportunities for redevelopment, etc., but it's not intended for the LRC to purchase. Commissioner Williams commented that the bonding and budget discussion gives her concern about where the funding would come from a big project like this. She added that she does feel that the analysis could give the city a good idea of what's possible. Mayor Leh supports this agreement, and he commented that having a separate viewpoint would be helpful for staff. He feels the interest of the property owner in collaboration and discussion is a good thing and makes sense. Commissioner Lipton asked what the final product will be from the engagement, whether it would be process management or a substantive report. The EV Manager responded that the intent is to provide the property owner with a report of options for what they can do with the site, including what is feasible to move forward and how to best move forward with the building. She acknowledged that this will support the property owner, and from that the city and commission can take applicable measures as applies though the URA. A lot of what comes out of this can be applicable. Danica commented that the discussion began as a look at downtown as a whole and multiple properties that are not quite performing; the idea is to study this property with the intention of understanding how to achieve more development, foot traffic, and activity downtown.