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M 05-12-97 JTTOWN OF LOS GATOS CALIFORNIA JOINT TOWN COUNCIL/REDEVELOPMENT AGENCY May 12, 1997 Minutes TOWN COUNCIL/REDEVELOPMENT AGENCY The Town Council/Redevelopment Agency of the Town of Los Gatos met in the Council Chambers of Town Hall, 110 E. Main St., at 7:44 p.m. Monday, May 12, 1997, in regular session. ROLL CALL Present:Randy Attaway, Steven Blanton, Jan Hutchins Linda Lubeck, and Mayor/Chairman Joanne Benjamin. Absent:None. VERBAL COMMUNICATION Joint Venture Silicon Valley Mayor Benjamin had pass outs of the latest Joint Venture report that was distributed by the organization today. Joint Venture began in 1992 in order to help retain and build business in the valley. Silicon Valley compared itself to ten other growth areas in the country such as Boston, Seattle, Austin, and Salt Lake City, and found that our valley came out the best of the comparisons. Three concerns were identified: Affordable Housing; Transportation; and Education. JOINT BUSINESS COUNCIL/AGENCY PUBLIC HEARING CAPITAL IMPROVEMENT PROGRAMS FOR 1997 - 2002 Mayor/Chairman Benjamin stated that this was the time and place duly noted for public hearing to consider proposed Capital Improvement Programs for 1997 through 2002. Council discussed the placement of the Billy Jones Railroad into the Community Grant TC:D8:RA051297 position of the operating budget to show the continuing support of the Town for this historic monument. The funds in the Knowles Drive Assessment District were discussed as needed for the major upgrading of this street. Council reviewed the Capital Improvement Projects noting that the Quito Road Bridge Widening will use Federal Highway Bridge Replacement and Rehabilitation funds for 80% of the project. CAPITAL IMPROVEMENT PROGRAMS CONT. Mrs. Lubeck asked if Council was to respond to the Traffic Mitigation consideration now or later when staff returns with a report. The Annual Report of Traffic Mitigation Fees will be submitted to Council by the Planning Department as a separate report and will remark to the consistency of to the CIP. The issue of the Plaza Master Plan will also return to Council. Traffic Mitigation must be reviewed to be certain that funds are being utilized in accordance to requirements. These requirements have been followed and are being evaluated in conjunction with the Los Gatos Boulevard widening project. COUNCIL COMMITTEE REPORTS Mayor Benjamin announced that she had attended the Santa Clara County Cities Association meeting and that the members are working on the agendas for next year. They are considering the "Point of Sale" theory for discussion. They used the Cupertino arrangement with Apple Computer for the point of sale office to be situated in Cupertino. This leaves the cities with the manufacturing and shipping centers to carry the bill for services without receiving any of the revenue to pay for the services. ADJOURNMENT Mayor Benjamin adjourned this evening's Council/Agency Joint Meeting at 8:05 p.m. Carried unanimously. ATTEST: Marian V. Cosgrove Town Clerk Secretary to the Redevelopment Agency TC:D8:RA051297