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2004-08-04 Special CIC MinutesMINUTES OF THE SPECIAL COMMUNITY IMPROVEMENT COMMISSION MEETING WEDNESDAY- - AUGUST 4, 2004- -5:35 P.M. Chair Johnson convened the special meeting at 6:36 p.m. ROLL CALL - Present: Commissioners Daysog, Gilmore, Kerr, Matarrese and Chair Johnson - 5. Absent: None. AGENDA ITEM (04 -042) Update on the Catellus /Bayport Project. The Base Reuse and Redevelopment Manager gave a Power Point presentation. Commissioner Kerr stated the insurance company has indicated that the Navy should pay for unknown environmental contamination; inquired what is preventing the insurance company from paying the City. The Base Reuse and Redevelopment Manager responded the insurance company is being extraordinary thorough in requests for information to justify the $3.4 million claim; the City has been put through a number of hoops to gather information; 950 of requested documentation has been provided; staff is working on the last few items; although the claim has not been paid, the insurance company has already sued the Navy; the City will be reimbursed by the insurance company regardless of whether the insurance company receives money from the Navy. In response to Chair Johnson's inquiry about the length of the time of the claim process, the Base Reuse and Redevelopment Manager stated twelve months; partial reimbursement has been received. Chair Johnson inquired whether the insurance company is paying interest during the time the claim is being processed, to which the Base Reuse and Redevelopment Manager responded in the negative. Chair Johnson stated the City should ensure a date is set for payment. Commissioner Matarrese stated the insurance company cashed the City's premium check; that he has a hard time understanding why the City cannot demand payment. The Base Reuse and Redevelopment Manager responded the City has submitted documentation; the insurance company reviews the Special Meeting Community Improvement Commission 1 August 4, 2004 documentation and requests more information; the process has been lengthy; however, the insurance company has not indicated payment will not be made. Legal Counsel stated insurance companies require extensive documentation; the insurance company has been cooperative; the claim has been accepted; the company will pay; the $90,000 premium was an excellent investment; the claim was filed within six months of establishing the policy; cleanup took time. Chair Johnson inquired when payment could be expected. The Base Reuse and Redevelopment Manager responded before the end of the year; stated demolition work took six months; the construction contractor had to be paid before the City could provide proof of incurring cost; in addition, the insurance company's environmental scientists have to review all documentation. Chair Johnson inquired whether undisputed portions could be paid, to which Legal Counsel responded the claim could be segmented; however, there are only a few more items which the City has to submit; the City will be paid the full amount within the next several months. Commissioner Matarrese inquired what are the chances of being able to procure insurance for the next project, the Base Reuse and Redevelopment Manager stated the City has environmental insurance at both Alameda Point and the Fleet Industrial Supply Center. The Base Reuse and Redevelopment Manager continued her Power Point presentation. Commissioner Kerr inquired the number homes that have been sold prior to construction, to which the Base Reuse and Redevelopment Manager responded sixty homes. In response to Commissioner Kerr's inquiry regarding the prices, the Base Reuse and Redevelopment Manager stated the lowest price was $690,000 and the highest was $917,000. Chair Johnson inquired the number of homes in the first phase, to which the Base Reuse and Redevelopment Manager responded Catellus purchased 197 lots; permits have been issued for 75 homes; homes are being sold by lottery; the demand is overwhelming. Commissioner Matarrese inquired whether the Navy is aware of the home sale prices. Special Meeting Community Improvement Commission 2 August 4, 2004 The Base Reuse and Redevelopment Manager responded in the affirmative; stated the land sale proceeds have been spent very appropriately on planning, infrastructure improvements, and demolition. In response to Chair Johnson's inquiry of how many homes would be occupied by the end of the year, the Base Reuse and Redevelopment Manager stated thirteen units would be absorbed in October. ADJOURNMENT There being no further business, Chair Johnson adjourned the special meeting at 7:08 p.m. Respectfully submitted, Lara Weisiger Secretary The agenda for this meeting was posted in accordance with the Brown Act. Special Meeting Community Improvement Commission 3 August 4, 2004