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Home My WebLink About090794 CC/RDA Jnt. Minutes MINUTES OF A SPECIAL JOINT MEETING OF THE TEMECULA CITY COUNCIL\TEMECULA REDEVELOPMENT AGENCY HELD SEPTEMBER 7, 1994 A regular meeting of the Temecula City Council was called to order at 7:11 Community Recreation Center, 30875 Rancho Vista Street, Temecula, California. Roberts presiding. PM at the Mayor Ron PRESENT 5 COUNCILMEMBERS\ Birdsall, Mu~oz, Roberts, Stone AGENCY MEMBERS: Parks ABSENT: 0 COUNCILMEMBERS\ None AGENCY MEMBERS: Also present were City Manager Ronald Bradley, City Attorney Peter M. Thorson, and City Clerk June S. Greek. INVOCATION The invocation was given by Pastor Sophia Sadler, Harvester Church of Temecula. PL!=DG!= OF ALLEGIANCI= The audience was led in the flag salute by Agency Chairperson Ron Parks. PUBLIC COMM!=NTS Therese McLeod, 42200 Main Street, #F128, urged the audience to pick of copies of the Memorandum of Understanding, draft EIR and Price Waterhouse Report, available at City Hall or Kinkos. CITY COUNCIL RFPORTS None. 1. Proposed Old Town Entertainment Project - Price Waterhouse Report Mayor Pro Tem/Agency Member Stone announced a conflict of interest on this project because he owns property in Old Town, and stepped down from the podium. City Manager Ron Bradley presented a brief history of the project to-date and introduced David C. Peterson and David Alstead, of Price Waterhouse, who presented the report. David Peterson provided a summary which addressed the market analysis and described the financial analysis used in the report. At the request of Councilmember\Chairperson Parks, David Peterson outlined the qualifications and expertise Price Waterhouse has in undertaking this type of project. Minutes\9\07\94 - 1- I 1/07/96 City Council Minutes September 7. 1994 Councilmember/Chairperson Parks asked, based on other experience in Southern California, the typical time frame for this type of project to hold the interest of the public. Mr. Peterson answered that the entertainment offered will have to be continually updated to maintain success. RECESS Mayor Roberts called a brief recess at 8:05 PM. The meeting was reconvened at 8:06 PM. Councilmember/Agency Member Mu~oz asked what percentage of shows need "headliner" entertainers to insure the success of the project. Mr. Peterson answered approximately 1/3 of shows should include "headliner" acts with other shows using "opening acts" or "up and coming" entertainers. Councilmember/Agency Member Mu~oz asked the cost of entertainers. Mr. AIstead responded that the average is 30-40% of the ticket price, however Mr. Buffman's proposal includes 50% of the ticket price. Councilmember/Agency Member Mu~oz asked what items were changed from the original proposal. Mr. Peterson explained that Price Waterhouse did not make any changes, but rather received and analyzed alternative proposals from Mr. Buffman. He outlined the changes to the seating capacity of the Opera House and Cabarets, the elimination of the Showboat and the elimination of four virtual reality theaters. Mayor/Agency Member Roberts asked the average number of vehicles per day this project would generate in the Entertainment Area. Mr. Alstead reported approximately 3,600 vehicles on a peak day. Mayor\Agency Member Roberts asked about the differences between Branson, MO and the proposed project. Mr. Alstead explained that Branson experienced unrestricted growth with multiple developers while the Old Town project will be developed with very strict guidelines. RFCESS Mayor Roberts called a recess at 8:35 PM. The meeting was reconvened at 8:55 PM with all members present, Mayor Pro Tem Stone abstaining. Phila McDaniel, 42031 Main Street, #E, spoke in opposition to the proposal. Theresa McLeod, 42200 Main Street, #F128, spoke in opposition. Sam Levine, 42367 Cosmic Drive, spoke in opposition. Richard Kuidt, Box 891222, stated he feels this project should be funded privately, and asked this matter be placed on the ballot. Ann Bufard, 38951 Ave Arriba, spoke in opposition. Linda McDonald, 38925 Calle Breve, spoke in opposition based on traffic, and asked this matter be placed on the ballot. Minutes\9\07\94 -2- 11/07/96 City Council Minutes Sentember 7. 1994 Katharine Gring, 33520 Mona Lane, Winchester, spoke in opposition. Tom MindJoia, 45644 Master Drive, spoke in opposition and requested a vote on the issue. Kathleen Hamilton, 42626 De Luz, spoke in opposition and requested a vote on the matter. Pat Keller, P.O. Box 521, spoke in favor of placing this matter on the ballot. Joseph R. Shekoski, Jr., asked if the City would recover the money expended on this project. Henry Miller, 29240 Stonewood Road, No. 50, spoke in favor of placing this matter on the ballot. RECESS Mayor Roberts called a recess at 9:30 PM to change the tape. The meeting was reconvened at 9:31 PM. Kay Cassaro, 31616 Paseo Goleta, expressed concerns on cost of the project, how it will be paid for and traffic. Vivi Wells, Temecula, asked this matter be placed on the ballot. Marvin Zeldin, 28659 Front Court, spoke in favor of the project and asked it be approved without further delay. He stated he has circulated a petition of support and has obtained over 300 signatures. Dr. Ray Merchant, 28659 Front Court, spoke in favor of the project. Kenneth Dodd, 30097 Via Velez Place, spoke in favor of the project. Jo Subik, 39250 Deputy Road, spoke in favor of the project. Evelyn Harker, 31130-85 S. General Kearny, spoke in favor of the project. Frank Spencer, 38690 Front Street, spoke in favor of the project and stated he feels the City Council should make the decision on the project and not put it to a vote. He stated the petition circulated by Marvin Zeldin has 350 signatures. Bob Kirkpatrick, 30250 Santiago Road, spoke in favor of the project. Larry Murphy, 30326 Calle Halcon, spoke in favor and asked the City Council to make the decision on this project. James Bacon, 39905 Spinning Wheel Drive, Murrieta, spoke in favor of the project. Ron Walton, 30075 Ynez Road, spoke in favor of the project and stated it would be a waste of tax-payers money to place this matter on the ballot. Felicia Hogan, 45465 Camino Monzon, spoke in favor. Zev Buffman, the proponent, stated that no concerns will be left unaddressed. Traffic, parking and all other issues of concern will come forward during the extensive public hearing process. He also said this project is appropriate and needed in this community. It was moved by Councilmember\Chairperson Parks, seconded by Councilmember\Agency Member Mu~oz to extend the meeting until 10:30 PM. The motion was unanimously carried with Mayor Pro Tern\Agency Member Stone absent. City Manager Ron Bradley stated the Council has received all available information to date and emphasized this is the beginning of a long process, which will include multiple public hearings and opportunity for public input. Minutes\9\O7\94 -3- 11/07/96 Citv Council Minutes September 7. 1994 Councilmember~Agency Member Mu~oz voiced his support of continuing the process to obtain all necessary information on this project. It was moved by Councilmember\Chairperson Parks, seconded by Councilmember\Agency Member Birdsall to approve staff recommendation 1.1-1.6 as follows: 1.1 Complete the remaining elements of the planning studies no underway including: · the environmental impact report; · traffic impact analysis; · conceptual facility planning sufficient to define alternative sites. 1.2 Solicit proposals for Council review\action for a parking study, appraisal services, financial consulting assistance, visual impact EIR analysis, and water facilities study; 1.3 Prepare a financing plan for the project identifying alternative sources of revenue available to fund project costs including the sale of bonds, the use of financing districts to fund certain infrastructure improvements and the infusion of private investment capital; 1.4 Continue negotiations with T.Z.B.G., Inc. for a development agreement which will define the respective roles and responsibilities of the parties for the construction and operation of the project; 1.5 Develop a public information plan to provide continuing information about the proposed project on a community wide basis; 1.6 Appropriate $65,000 to RDA Consulting from RDA Fund Balance. Councilmember\Chairperson Parks stated he agrees with Councilmember\Agency Member Mu~oz that all facts must be obtained before making any decision and stressed that this project not put the City's general fund at risk. RFCFSS Mayor Roberts called a recess at 10:31 PM to change the tape. The meeting was reconvened at 10:32 PM. The motion was carried unanimously with Mayor Pro Tern\Agency Member Stone abstaining. Minutes\9\O7\94 -4- 11/07/96 Citv Council Minutes SeDternber 7. 1994 City Manager Bradley reported that earlier in the meeting Theresa McLeod stated in error that the EIR is available to be purchased at City Hall and Kinkos. He advised the public that the EIR has not been completed and is not yet available. CITY MANAG;R R!=PORTS None given. CITY ATTORN!:Y R!:PORTS None given. ADJOURNM;NT It was moved by Mayor Councilmember\Chairperson Parks to adjourn at 10:32 PM. carried. ATTEST: Jun~S,z~eek, City Clerk/Age~y~ecretary [SEAL] Pro Tem\Agency Member Stone, seconded by The motion was unanimously Ronald J. Parks, Chairperson Minutes\9\07\94 -5- 11/07/9§