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implemented almost immediately while others will take upwards of 60 days to orchestrate fully. Staff <br />is proposing that this run as a 12-month program with the exception of the shop local campaign, to <br />be re-evaluated at the end of the calendar year. <br /> <br />Vice-Mayor Cook-Kallio said she has heard occasional complaints on the high cost of commercial <br />square footage and asked if there has been any conversation on how to incentivize the lowering of <br />those rates. She acknowledged that property owners are free to charge what they like but noted <br />that an empty building carries no value to the owner or community. Ms. Ott said there has been <br />some limited discussion on that but cautioned that the gift of public funds must be done very <br />carefully. She agreed that those stories exist but shared competing ones of property owners <br />working with their tenants to ease the burden of the current economy. <br /> <br />Mayor Hosterman said that she and Mr. Fialho have been systematically working their way down <br />Main Street to discuss the downtown situation with property owners and encourage them with <br />methods for securing quality tenants. She estimated that there have been some successes <br />resulting from that but suggested that the next few months will provide a much clearer picture. <br /> <br />Councilmember McGovern confirmed that the City is putting $225,000 towards the program and <br />asked where the funds are coming from. Mr. Fialho stated that it is General Fund money that has <br />already been built into the operating budget. He noted that it has only been factored in for the first <br />year, not the second, and that is why staff has suggested a 12-month pilot situation. <br /> <br />Councilmember McGovern confirmed that the City anticipates the return of a portion of those funds <br />as a result of low interest loans. Mr. Fialho added that increased occupancy and spending would <br />deliver increased sales tax revenue to the General Fund, as well. <br /> <br />Councilmember McGovern asked if staff had considered the application of any of these programs <br />outside of the downtown area. Ms. Ott confirmed, stated that she is acutely aware of the needs of <br />businesses throughout the community and explained that it is really a matter of ensuring the <br />financial wherewithal and ability to roll these projects out is in place before attempting to do so in a <br />broad sense. <br /> <br />Mr. Fialho cited Stoneridge Mall and the Staples Ranch/Hendricks Automotive PUD application as <br />examples of the sales tax reimbursement program in place outside of the downtown area. <br /> <br />Councilmember McGovern asked for confirmation that staff is proposing to pilot these programs for <br />one year, return with an analysis of each element’s impact on economic vitality, and make <br />recommendations on increasing the scope of those which were effective. <br /> <br />Mr. Fialho advised that the target area is specifically the downtown area but that the current <br />language of the program does not exclude other businesses throughout the City from participation. <br />He assured the Council that if the right opportunity approaches and it is fiscally possible, staff will <br />allow the participation of any community business. <br /> <br />Councilmember McGovern confirmed that it would be suitable to advertise the opportunity to all <br />local businesses. <br /> <br />Mayor Hosterman opened the item to public comment. <br /> <br />Christine Salidivar, Executive Director of the Pleasanton Downtown Association, cited current <br />economic challenges, commented on the limitations posed by the City’s lack of redevelopment <br /> <br />City Council Minutes Page 10 of 11 June 2, 2009 <br /> <br /> <br />