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HomeMy WebLinkAbout2445 RESOLUTION 2445 SUPPORT FOR THE WATERFRONT/CENTRAL BUSINESS DISTRICT (CBD) IMPLEMENTATION STUDY; MARKET ANALYSIS, FINANCIAL ANALYSIS AND MASTER PLAN WHEREAS, the City of Bremenon, public agencies, non-profit organizations, property and business owners and private citizens did join forces with both theft community interest and financial support in June of 1992 to undertake an analysis of the economic and market feasibility for revitalization of downtown Bremerton and the Waterfront Urban Renewal Area including development of a hotel/convention facility, identification of the types of businesses to be located downtown, and strategies to link the waterfront to the central business core; and WHEREAS the City .of Bremenon, public agencies, non-profit and civic organizations, and private citizens formed a Project Team and selected Leland Consulling Group to conduct the Hotel/Convention Facility and Marketplace Strategy Analysis beginning in January 1993; and WHEREAS,, the supporting entities and individuals have met with the Leland Group over a period of eight months, and provided extensive community input; developed, reviewed and recommended project elements and direction; and WHEREAS the efforts of the 14 month process have resulted in development and completion of the WaterfrontiCBD Revitalization Implementation Study in June 1993 defining the market and economic feasibility for retail, commercial, residential and hotel development, and development of a detailed Master Plan for "opportunity sites" -- Downtown Waterfront Urban Renewal Area, the JC Penney's block, and streetscape improvements to visually and physically link the central business core and the waterfront, and presentation to property and business owners, lenders and developers to secure their interest; and WHEREAS the products of this broad-based downtown revitalization effort have been presented by the Project Team to the Bremerton City Council at two study sessions and to a variety of other community and business groups, and have been received with significant support; and WHEREAS, the Project Team has fully endorsed and supported the work performance, reports, and conceptual development scheme resulting from the Leland Group's efforts; and WHEREAS, the broadest publicly stated support for the concepts and work products of the Leland Group by the community's public, quasi-public and private entities is paramount to the success of further and future progress in the economic development efforts in downtown Bremerton and on its waterfront. NOW THEREFORE. the Bremerton City Council recognizes, appreciates and supports the energy, commitment and thoughtfulness of the Project Team and its public and private sector supporters to take the next steps to implement the findings and recommendations of the Waterfront Revitalization Implementation Study and the Master Plan for the Central Business District and Waterfront; and BE IT FURTHER RESOLVED the Bremerton City Council pledges to continue the partnership and cooperation established between the public agencies, non-profit organizations, property and business owners, and private citizens in our joint effort to revitalize downtown Bremexton; and BE IT FURTHER RESOLVED, the Bremerton City Council pledges City resources and supports staff to unde_rtalce appropriate and necessary actions and projects to implement Waterfront Implementation Study and Master Plan for the Bremerton Central Business District and Waterfront. ADOPTED by the Bremenon City Council this 20th day of October, 1993. Eileen Fitz Council President Attest: Kathy McCluskey City Clerk