CCMIN010389 - Laserfiche WebLink

475 would be to stick with the loan type program, and it is the only option that he can support; he felt the other options related to assistance might create problems. Councilmember Tarver stated he agrees with Councilmember Butler. He stated loans could be used for other purposes to achieve some of the downtown specific goals. He did not want to get into discussion regarding preferential treatment to certain businesses. He supports the loan concept but not necessarily to restaurants only. Councilmember Butler stated that consideration of unreinforced masonry buildings is a separate issue; Council is only addressing sewer fees at this time. Councilmember Tarver stated that when the City gets into the loan business at interest-free or low-interest fees, this in effect could be precedent-setting. Councilmember Mohr stated this is an incentive to get restaurants to market downtown to add pedestrian traffic, and an incentive to revitalize downtown, and that the sewer connection fee is the only issue that should be discussed. With regard to the sewer fees, the taxes that could be generated would compensate the City for going to some length to provide this inducement. She suggested further discussions with Dublin San Ramon Services District to get their comments. Councilmember Butler stated this has already been discussed with the LAVWMA staff as well as the Dublin Sewer Committee. Mayor Mercer stated that Dublin San Ramon Services District want its fee payment up front and it is the City's responsibility to see that the payment is made to DSRSD. Mayor Mercer stated that he can support all the options with the exception of Option 3; he does not feel the City should pay to have a business come to town. Mr. Stanley Rathbone, 325 Ray Street, suggested requiring businesses to make a fair down payment and then a higher rate for a specified number of months until the fee is paid off. It was moved by Councilmember Butler, and seconded by Councilmember Brandes, that Resolution No. 89-10, be adopted, to adopt in concept of making loans to restaurants locating in the downtown for the cost of connection fees, which loan repayments would be spread over a 3-7 year period, in an amount of 50-80% of the connection fee, not at zero rate but at a floating interest rate, and with other requirements as deemed necessary by City staff; and instructing that a final document setting forth this concept be presented to Council for final approval. The roll call vote was as follows: AYES: Councilmembers Brandes, Butler, Mohr, Tarver, and Mayor Mercer - 5 - 1-3-89