HomeMy WebLinkAboutAgenda Bill 4.C-Attch1 06/07/20041
r
Attachment 1
RESOLUTION APPROVING THE PETALi1MA LEAFAGE && SUSTAINABLE
RETAIL STRATEGY STUDY AND AUTHORIZI_NG TIIE; IMPLEMENTATION
OF THE RECOIV MENDED RETAIL STRATEGY
RESOLUTION ## 2004-
RESOLUTION APPROVING THE PETALUMA LEAKAGE & S'USTAINABLE RETAIL
STRATEGY STUDY AND AUTHORIZING THE .IMPLEMENTATION OF THE
RECOMMENDED RETAIL STRATEGY
WHEREAS, `in July2:QQ0 , 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 need for 1.14 million square feet of additional retail space
in Petaluma; and
WHEREAS, this additional space would 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;
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 approves The Leakage & Sustainable Retail Strategy Study" and authorizes the City Manager to .
implement the recommended retail strategy.
Adopted this 7th day of June, 2004 by following vote:
Commissioner Aye No Absent
Glass
Harris
Healy
Moynihan
O'Brien
Thompson
Torliatt
*TEST:
David Glass', Chairperson
Recording Secretary