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EDC 11-06-96 Economic Development Team Meeting November 6, 1996 Summary Present at the meeting were: John Statton, Steve Dowling, Bert Viskovich, Lauralee Sorensen, Dorothy Steenfott, Tom Hall, John Bautista, Bob Cowan, Don Brown, and Doug Huston. Steve Dowling discussed developing a theme for the brochure. He suggested a contest be held at the library or that we let the graphic designers suggest possible themes. Steve will pursue these ideas and report back to the committee. Don Brown updated the group on the cost of adding anchor stores to the ValIco sign. Bert stated that it is a scenic highway and we would not be able to have an electronic board. Don felt the electronic board was too expensive given the current situation of the mall. Carol will approach Sears and Penneys to see if they would contribute approximately $10,000 each for an anchor sign. Bert stated that the City can remove some of the trees at a minimum cost. The group discussed the possibility of inviting a representative from DeAnza or UC Santa Cruz to join the committee. It was decided that we should invite each of them to attend a meeting and give the committee an update on what they are doing in the area of economic development and then decide whether we want to add additional members. Lauralee suggested that Cupertino have a farmers market. She felt that it really brings the community together despite the fact that it is not a money maker for the City. John Statton will check with merchants to see if there's any interest and if they'd be willing to help finance the event. Bert Viskovich reported that the attorneys for Davidson Chevrolet are not interested in paying for any of the cost for the bike lanes. He stated that if the City does pay for the improvements, it would be a precedent setting case as the City has not done this in the past. It was decided that we should hold off on going to Council. Lauralee Sorensen and John Bautista will set up a meeting with Mr. Weiss to explain the importance of these improvements. Don Brown updated the group on the English/Chinese sign issue. He stated that the City has no power to regulate language on signs. A meeting with managers of shopping centers will be held where this issue can be discussed. John Bautista reported that the grievance list for The Oaks is growing. The latest item added to the list is that the lawns have not been mowed in weeks. John Bautista discussed the Stevens Creek/DeAnza corner. He stated that he felt there is an opportunity available to the committee to find other ways to develop the site. Don Brown, John Bautista, and Tom Hall will meet with Deek Hunter to explore other opportunities for development of the site. John Statton will report to the current applicant that other possibilities for site development are being explored. Economic Develooment Uodates Retention. ExDansion and Revitalization 1. Vallco Update Nothing new at this time. 2. REI Representatives will be in Cupertino the week of November 18 to discuss the status. The Cupertino Village - II (Sandhill Properties) property has been dropped from consideration, but other sites may be reviewed while they are in town. A survey of members has shown a preference for remaining in Cupertino. Attraction I. Sales Offices/Broker Meetings Meetings with brokers.have been scheduled for mid December. 2. Marriott Residence Inn Tandem has told us that they are considering proposals from three or four hotel groups including Marriott. The site is on Stevens Creek at Tantau. Tandem is committed to brining a hotel in on that site as part of a development agreement for the use and balance of the Stevens Creek frontage. Marketine 1. Web Site Nothing new to report at this time. Education & Administration I. Education a) The sub committee's second article is expected to be printed in the December Scene. "