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HomeMy WebLinkAboutAGENDA REPORT 1990 0905 CC REG ITEM 08CMOORPARK ITEM o•�.• BERNARDO M. PEREZ Mayor pP _ °_r °o�� STEVEN KUENY SCOTT MONTGOMERY - -' l"A00PPARK. CAUFORMA FooP Cltycouncl M»1kq City Manager Mayor Pro Tern of I CHERYL J. KANTern City Attorney ELOISE BROWN o Councilmember i ACTION: 09 PATRICK RICHARDS, A.I.C.P. CLINT HARPER, Ph.D. 0' °o °qf`- Director of Community Development Councilmember % R. DENNIS DELZEIT PAUL W. LAWRASON, Jr. BY City Engineer Councilmember - JOHN V. GILLESPIE LILLIAN KELLERMAN Chief of Police City Clerk RICHARD T. HARE City Treasurer M E M O R A N D U M TO: The Honorable City Council FROM: Patrick J. Richards, Director of Community Development DATE: August 29, 1990 (CC meeting of 9/5/90) SUBJECT: FINANCIAL FEASIBILITY STUDY OF THE CARLSBERG SPECIFIC PLAN — PROPOSAL BACKGROUND At the August 15, 1990 meeting of City Council, during the discussion of the Carlsberg Specific Plan, Staff was directed to have a financial feasibility study performed. DISCUSSION Staff has contacted Mr. Shant Agajanian of Agajanian and Associates to provide the City with a feasibility study. A meeting was held with Mr. Agajanian, Ron Tankersley, City Manager, myself, and the Community Development Committee to discuss the scope of work. The meeting was held August 17, 1990. Mr. Tankersley provided financial background information to Mr. Agajanian and the Committee, based upon the August 17th meeting a two part process is proposed by Mr. Agajanian. First, determine the reasonableness of the project based upon financial feasibility. Second, (at an added cost) prepare recommendations for changes to the project which would make the project economically feasible. A letter was sent to Mr. Agajanian on August 27, 1990, authorizing him to accomplish the first part of this financial anal si y . s RECOMMENDATION Information only, no action required by the City Council. 799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864