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Minutes

Economic Development, Placemaking, and Branding/ Marketing Committee
January 20, 2022

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Minutes
Meeting
January 20, 2022
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Economic Development, Placemaking, and Branding/ Marketing Committee
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Text extracted from the city's file for reading and search. Open the original on riversideca.legistar.com. That file is the official record.

ECONOMIC DEVELOPMENT, PLACEMAKING,

AND BRANDING/MARKETING COMMITTEE

MINUTES

CITY OF
RIVERSIDE THURSDAY, JANUARY 20, 2022, 3 P.M.

VIRTUAL MEETING
City of Arts & Innovation TELEPHONE PUBLIC COMMENT
PRESENT: Chair Fierro, Vice Chair Edwards, and Member Hemenway ABSENT: None
STAFF PRESENT: Carmen Soto, Eydee Jimenez, David Welch, Rafael Guzman, Judy Eguez, Mary Kopaskie-Brown, Sherry Shimshock, Caleb Ragan, and Paloma Montes
ALSO PRESENT: JP Stocco, Blaise Rastello, and Marke Anderle Chair Fierro convened the meeting at 3:01 p.m.

ORAL COMMUNICATIONS FROM THE PUBLIC
There was no one wishing to address the committee
DEVELOPMENT PROPOSAL FROM GILBANE DEVELOPMENT COMPANY, FOR 3.9 ACRES

OF SUCCESSOR AGENCY-OWNED VACANT LAND
Following discussion, it was moved by Vice Chair Edwards and seconded by Member Hemenway to recommend that the City Council (1) review and consider a development proposal from Gilbane Development Company for 3.9 acres of Successor Agency-owned vacant land on the south side of Railroad Avenue, between Madison Street and Jefferson Street, bearing Assessor Parcel Numbers 230-233-013, 230- 245-013 and 015, and 230-235-010 for the development of a 120-unit, 100% affordable multi-family and senior housing residential project; and (2) direct staff to negotiate a Purchase, Sale, and Development Agreement with Gilbane Development Company for the development of an affordable multi-family and senior residential project to be presented to the Successor Agency Board and Countywide Oversight Board for final consideration and approval. The motion carried unanimously.

DECARBONIZATION AND ELECTRIFICATION UPDATE
Following discussion and without formal motion, the Committee received and ordered filed update on Decarbonization and Electrification.

ITEMS FOR FUTURE COMMITTEE CONSIDERATION
There were no future items for consideration requested at this time.

EDC-29

ECONOMIC DEVELOPMENT, PLACEMAKING,

AND BRANDING/MARKETING COMMITTEE

MINUTES
CITY OF THURSDAY, JANUARY 20, 2022, 3 P.M.

RIVERSIDE

VIRTUAL MEETING
City of Arts & Innovation TELEPHONE PUBLIC COMMENT
The meeting adjourned at 3:23 p.m.

Respectfully submitted,
c. Soto

CARMEN SOTO
Deputy City Clerk
EDC-30

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