HomeMy WebLinkAboutPCDC Resolution 2004-10 06/07/2004RES®LUTI®IV 2004-10
PETALUMA COMMUNITY DEVELOPMENT COMMISSION
ACCEPTING THE PETALUMA LEAKAGE 8~ SUSTAINABLE RETAIL STRATEGY STUDY
WHEREAS, in July 2003, the Petaluma Community Development Commission
(PCDC) entered into an agreement with Thomas Consultants to perform an analysis of
retail leakage in Petaluma; and,
WHEREAS, the Commission also expressed its desire for a strategy to develop
sustainable retail uses; and,
WHEREAS, the Study identifies the opportunity for 1.14 million square feet of
additional retail space in Petaluma; and,
WHEREAS, this additional space could generate an estimated $2.5 million in
additional sales taxes annually; and,
WHEREAS, the City of Petaluma and the Petaluma Valley Chamber of
Commerce have collaborated and cooperated on the Study for the benefit of the
entire community; and,
WHEREAS, the Study has already been useful in the expansion of needed retail
development in Petaluma.
NOW, THEREFORE, BE IT RESOLVED that the Petaluma Community Development
Commission hereby accepts "The Leakage 8~ Sustainable Retail Strategy Study."
PCDC Resolution No. 2004-10 Page 1
Adopted this 7th day of June, 2004 by the following vote.:
Commissioner ' Aye No Absent
Chair Glass X
Harris X
Healy X
Vice Chair Moynihan X
O`Brien X
Thompson X
Torliatt X
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David Glass, Chair- ~
ATTEST:
Gayle P rsen, Recording Secretary
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APPROVED AS TO FORM:
Rich rd R. Rucinansky, G ner I Counsel
PCDC Resolution No. 2004-10 Page 2