3/01/09 - UPCOMING REDEVELOPMENT AGENCY ADVISORY BOARD MEETING, - 3/3/09 3:00 p.m., City Hall, 1 East First Street.
1. DISCUSSION WITH POSSIBLE RECOMMENDATIONS TO THE REDEVELOPMENT AGENCY BOARD REGARDING THE EVALUATION AND IMPLEMENTATION OF NEW PARKING METER TECHNOLOGIES.
The latest parking meters let people pay with debit/credit cards and text message police on the fly when a person's time expires.
2. DISCUSSION WITH POSSIBLE RECOMMENDATIONS TO THE REDEVELOPMENT AGENCY BOARD FOR THE USE OF ADDITIONAL TAX INCREMENTS DOLLARS FOR NEVADA LAND, LLC. This is regarding the addition of restaurants, elevated plaza area to the stadium. Nevada Land would like the additional tax dollars to build an entertainment plaza connected to the stadium. The last time this was before the RDA board, it was more of a presentation of their plans than actual discussion, which was delayed to a future meeting. My guess is it's coming before the CAC in preparation to go back to the Board for a decision soon.
3. Recommendations to the Redevelopment Agency Board on an agreement with Golden Eagle Industries (GEI), LLC and the Redevelopment Agency of the City of Reno to explore for private/public land exchanges in the general vicinity east of Center Street, west of Evans Avenue, south of Interstate 80, and north of 6th Street and other properties to be determined. See here. Although my map is outdated by a year or so, this is regarding that general area, and the trade of other properties in RDA's property portfolio in exchange for the property Golden Eagle owns in the general area between Virginia Street, Evans, 5th and 7th Streets. RDA, if this deal goes through, would then acquire Golden's Eagle's property in this area. The last time this came before the RDA board, it was met with quite a bit of hesitation, as doing this deal would virtually lock up the entire property portfolio of RDA for a month or longer while Golden Eagle decides which properties it would prefer to exchange their property for. They did not want to lock up and temporarily make unavailable the entire property portfolio for solely just one entity, and wanted to figure out a workaround that allow this land trade to happen without taking RDA's entire property portfolio off the block.
4. Recommendations to the Redevelopment Agency Board Regarding the use of the redevelopment revolving fund or tax increment from Redevelopment Area No. 2 to finance the acquisition of the RTC CitiCenter Transfer Center parcel (APN 007-296-22) in connection with, and for the purposes set forth in, the Disposition and Development Agreement between the Agency and Nevada Land, LLC (Retail Development/Ball Park District) dated September 21, 2007.