HomeMy WebLinkAboutAPRIL 19,1977
ROLL CALL
1
MINUTE
APPROVAL
PROPERTY
ACQUISITION
ADJUSTMENT
LOCATION
OF SITE
(Atkins)
1
ADJOURNMENT
MINUTES
ARCADIA REDEVELOPMENT AGENCY
REGULAR MEETING
APRIL 19, 1977
The Arcadia Redevelopment Agency met in regular session on April 19,
1977 at 8:40 p.m. in the Arcadia City Hall Council Chamber.
PRESENT:
ABSENT:
Members Gilb, Lauber, Margett, Parry, Saelid
None
On MOTION by Member Margett, seconded by Member Gilb and carried unani-
mously the minutes of the regular meeting of April 5 were APPROVED.
The Agency received a request to adjust the acquisition price for
property at 215-223 E. Huntington Drive due to a miscalculation in the
final price. The purchase price was submitted as $197,120 whereas the
correct amount should have been $199,750. As part of the Agreement
with the owner to hold the property for Agency acquisition at a firm
price the owner required that the only adjustment would be for compen-
sation of property taxes. Whereupon it was MOVED by Member Lauber,
seconded by Member Margett and carried on roll call vote as follows
that the City Attorney be instructed to prepare an amendment to ARA 32
to change the purchase price for said property from the Hygiene Products
from $197,120 to $199,750 with no other changes in the terms of purchase.
Same to come back to the Agency.
AYES:
NOES:
ABSENT:
Members Gilb, Lauber, Margett, Parry, Saelid
None
None
The Agency was advised of a request from Robert Atkins for a 120 day
extension from this date in the "Agreement to Negotiate" with the
Agency for the purpose of locating a site of 50,000 sq. ft. of office
space. The extension is requested so that a final development package
may be put together, including development of final proposals and
appropriate disposition and development agreements. The $2,500 good
faith deposit would remain in effect.
The Economic Coordinator responded to questions propounded by Agency
members, in part, that the Agency is working with anyone who can be of
assistance in locating a proper site for Mr. Atkins; that the agreement
does relate to the project area but does not preclude a site in another
area if an appropriate site presents itself. In response to a specific
question as to whether or not a specific location is being held for
Mr. Atkins at a specific price, Mr. Pollard stated in part that the
subject property is not being held for Mr. Atkins; that Mr. Atkins would
like to continue negotiations in good faith and that if there is any
misunderstanding due to the way in which the request from Mr. Atkins is
worded this could be remedied.
It was then MOVED by Member Gilb, seconded by Member Lauber and carried
on roll call vote as follows that the Agreement with Robert Atkins be
extended for a period of 120 days from April 19, 1977 and that the
Economic Coordinator explain in a communication to Mr. Atkins that a
specific location is not being held.. .with a copy of the letter to the
Agency members.
AYES:
NOES:
ABSENT;
Members Gilb, Lauber, Margett, Parry, Saelid
None
None
At 9 p.m. the meeting adjourned
ARA
4-19-77