The Island: A quick Point postscript


But there was another revelation that was just as interesting, that received a lot less elucidation: City staff and SunCal are deep into negotiations that could moot key portions of the controversial business deal contained in the initiative before it ever reaches voters.

In a letter addressed to Mayor Beverly Johnson and cc’d to the rest of the City Council, SunCal’s Pat Keliher wrote that the company’s reps have been meeting weekly with Interim City Manager Ann Marie Gallant and city staff to negotiate major concerns that include the city’s potential fiscal exposure, a cap that limits the amount of money the developer is required to pay for public benefits, project phasing, the payment of development fees and the allowed uses of redevelopment bond funds.