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FEDRAC MINS 08-09-2004City of Federal Way City Council Finance/Economic Develop ment/Regional Affairs Committee August 9, 2004 City Hall 6:15 p.m. Mt. Baker Conference Room MEETING MINUTES In a t t enda nc e: C ommitt ee M embers: Council M ember s Eric Faison, Chair, Jim Ferrell, and Jea nne Bur bidge; Mayor Dean McColgan, Deput y Mayor Linda Kochmar, City Ma na ger Da vi d Mos el ey; Management S ervices Dir ect or Iwen Wang; As s ist a nt C it y Att or ney Ka r en Jor gens en, D eputy D ir ect or of Communit y Development Services Patrick Doherty, and Administrative Assistant Tamara Fix. 1. CALL TO ORDER Chair Faison called the meeting to order at 6:21 pm. 2. PUBLIC COMMENT Ther e was no public comment. 3. COMMITTEE BUSINESS A. Approval of the July 13, 2004, Minutes – It was m/s/c to adopt the July 13, 2004, minutes as pres ent ed. B. Exploration & Discussion of City Center Redevelopment Implementation Strategies – Ideas as a result of brainstorming are as follows: • Talk to Ross Plaza owners – work wit h them • Sit down with all Cit y Cent er property owners • Do not hi ng • Developer’s forum (including all stakeholders) • Market study for retail/lifestyle • Coordinat e with downtown stakeholders to plan together • Are property owners willing to band together/work toget her and/or meet with Council? • Downtown park/plaza • WiFi - Tech infrastructure • Condos/Residential study • Grid syst em – pedestrian friendly • Recruit bout ique shops • Design guidelines – mor e pedestrian-friendly; incentives? • Connect i on b et ween S t eel La ke a nd C elebr a tion P a r k and Commu nit y C ent er • Conceptual plans/drawings for sit es/areas or design charrettes (multiple options) • People mover/shuttle within and to/from downtown - could be public and/or private • Perfor mi ng a r ts cent er • Design character • Research historical spots • Communit y Renewa l Act – grants/federal money • University/college branch FEDRAC Minutes August 9, 2004 Page 1 FEDRAC Minutes August 9, 2004 Page 2 • Recruit major corporation **This is kind of being worked on already. A cover letter along with the CEO magazine was sent to about 50 of California’s fastest growing companies. • Infrastructure improvements, i.e. parking • Purchasing property • RFP Items listed above to focus on in the near-term (around six months): • Market study for retail/lifestyle – after the market study there could be a public meeting and the owners should be invited. • Condos/Residential Study • Coordinate w/ downtown stakeholders to plan together. This includes talking to Ross Plaza owners and other CC property owners. A lot of the other ideas would possibly come about as a result of accomplishing the near-term items. At that point, there would also be the data to back up any action(s). Mr. Moseley noted that there has been a meeting with WiFi, and we are waiting to hear what they are proposing. This is a slow-burner item right now but could be move quickly once we hear from them. 4. FUTURE MEETINGS The next scheduled meeting is August 10, 2004, 5:30 p.m., in the Mt. St. Helens Conference Room. 5. ADJOURN The meeting adjourned at 7:21 pm. K:\FEDRAC - Econ Dev\2004 - Agendas & Summaries\Aug 9, 2004, Summary.doc