The possibility of losing these properties to private developers who may not align with community interests was a concern. The current owner’s preference to sell to the city was deemed a unique opportunity, with discussions highlighting the potential for the land to enhance waterfront accessibility for citizens. The conversation also touched on the potential for future developments, such as a parking garage, which would address existing parking issues and attract more visitors to the area. However, there were concerns about moving forward without a clear understanding of financial commitments, emphasizing the need for cautious and structured negotiations.

The agency deliberated over the valuation of the properties, with some members questioning the asking price of $1.6 million for the four parcels. Real estate consultants provided differing high-end market values. The debate touched on whether the city should engage in real estate speculation, with the immediate benefit of improved parking accessibility being a potential upside. It was suggested that acquiring the property could prevent less desirable developments, such as a car wash, that might not benefit the community.

The redevelopment agency also explored the idea of building a parking structure, taking cues from successful examples like John’s Pass. The members emphasized the importance of integrating parking solutions that would support the anticipated influx of residents and visitors due to upcoming developments. The agency discussed offering free parking passes to residents to maintain accessibility and foster community engagement with the waterfront. Concerns about previous investments that did not yield promised public benefits served as a cautionary tale for future expenditures.

In addition to property acquisitions, the meeting addressed the potential development of a splash pad at Waterfront Park. The proposal, estimated to cost between $50,000 and $200,000, aims to enhance community recreation and increase property values. A recirculating splash pad, designed to conserve water, was suggested as a family-friendly attraction. However, some members advocated for a broader master plan for the park, considering future developments and the overall vision.

The agency also considered constructing an observation platform at the waterfront park, designed to resemble a stilt house, potentially increasing park utilization. The idea included features like a small playground or pavilions to attract visitors. Discussions highlighted the need for careful planning to ensure the feasibility and alignment of proposed amenities with the community’s vision and financial constraints.