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Town of Truckee <br /> TOWN COUNCIL <br />SPECIAL MEETING MINUTES <br /> <br /> June 10, 1997, 6:00 P.M. <br />Truckee Donner Public Utility District Board Room <br />11570 Donner Pass Road, Truckee, CA <br /> <br />CALL TO ORDER -Mayor Drake called the meeting to order at 6:02 p.m. <br /> <br />ROLL CALL <br />PRESENT: <br /> <br />Council Members Carpenter, Florian, Susman, and Mayor Drake <br /> <br />ABSENT: <br /> <br />Councilmember McCormack (excused) <br /> <br />ALSO PRESENT: <br /> <br />Stephen L. Wright, Town Manager; J. Dennis Crabb, Town Attorney; <br />and Vicki Soderquist, Deputy Town Clerk <br /> <br />PUBLIC COMMENT - None <br /> <br />WORKSHOP <br /> <br />4.1 Presentation by Shannon Davis Associates on the Redevelopment Feasibility Study. <br /> <br />Mr. Wright stated that Council had indicated an interest in redevelopment at their priority setting <br />workshop and has subsequently hired Shannon Davis to do a feasibility study. <br /> <br />Jim Williams, Shannon Davis Associates, stated their firm had been involved in redevelopment <br />for 20 years. The study had been conducted to: 1) see if redevelopment projects within the Town <br />would be legally feasible; 2) if it was financially feasible, i.e. would it do what the Town wanted it <br />to do; and 3) what the process would be to set up a redevelopment agency. He emphasized that a <br />redevelopment agency did not have the power to levy or increase taxes, it would only receive an <br />increment of future taxes that were generated by future growth. An agency could be allowed to <br />assist special districts in construction of their facilities. He then gave a brief review of the <br />redevelopment laws. <br /> <br />Mr. Lashbrook stated the redevelopment study area consisted of 880 acres that encompassed the <br />Downtown Specific Plan area, ShaNeva and some surrounding land, a finger along Donner Pass <br />Road and PC1. He felt that would be the maximum area allowed. <br /> <br />Mr. Williams stated the process to establish a redevelopment agency would take from 9 - 12 months <br />and was controlled by State law. The process required public hearings and the establishment ora <br />project area committee (PAC) to advise the Council on housing related issues. If an agency was <br />formed, the Council would have to adopt an environmental impact report and a redevelopment plan <br />which was an extension of the General Plan. He felt the Council would be entering into the process <br />at the right time, i.e. when property values were low in order to capture growth as it occurred. <br /> <br /> <br />