HomeMy WebLinkAboutAGENDA REPORT 2002 0306 CC REG ITEM 10AMOORPARK CITY COUNCIL
AGENDA REPORT
TO: The Honorable City Council
FROM: Steven Kueny, City Manager
ITEM /D.,4
CITY OF'' OORpARK, CALWORNTA
City CntlnCil Meeting
.,f 3 —& - 12.1
DATE: February 28, 2002 (CC Meeting of March 6, 2002)
SUBJECT: Consider Appointment of City Council Ad Hoc Committee
with Cardservice International
DISCUSSION:
Mr. Ed Ball, a representative of Cardservice International
(Cardservice), has approached the City about negotiating a
Development Agreement with the City.
As you are aware, they have expended over $30 million in the
acquisition and renovation of the former Litton facility on
Condor Drive. In addition, Cardservice acquired the adjacent
3.24 acre parcel (formerly owned by Rice Development), which
includes approval of about 61,000 square feet of building area
(IPD Permit Nos. 99 -1 and 99 -2). Cardservice plans to seek
approval of additional office space on its site, which would
require one or two parking structures.
The primary purpose of the Development Agreement for Cardservice
would be to assure that they could build out its site with an
acceptable plan over a number of years consistent with community
standards.
STAFF RECOMMENDATION:
Appoint an Ad Hoc Committee.
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