Loading...
HomeMy WebLinkAboutMARCH 15,1978 ROLL CALL I HEAR lNG Sale of City Owned Property I f [j 1 I , " \ MINUTES ARCADIA REDEVELOPMENT AGENCY ADJOURNED REGULAR MEETING MARCH 15, 1978 The Arcadia Redevelopment Agency met in special session on March 15, 1978 at 4 p.m. in the City Hall Council Chamber. PRESENT: ABSENT: Agency Members Gilb, Lauber, Margett, Parry, Saelid None Proposed sale of city-owned 6~rplus property at 521 N. First Avenue (northwest corner of First Avenue and the Foothill Freeway). Staff presented and explained a spread sheet indicating basic property and building information on the proposals which have been received for the pur~ha~e of this property. Terms of each proposal, the proposed size of struetures, parking needs, cost of improvements, pe~Bonal property and business inventory, annual tax increment, sales tax, numper of employees, and dates of construction were all included. Concept plans were reviewed, The Sec retary read into the record three communications from the same firm (All Star Lettering Company) asking the Agency to consider its proposal to purchase the subject site. ) Chairman Saelid declared the hearing open and Leo Howell, 307 N. " Santa Anita, speaking for the Jonan Industries, Inc., explained his proposal. It would be two story, retail downstairs and offices upstairs, an attractive structure which he would start within two or three months if his proposal were accepted. He felt the subject are~ lends itself to what is n~eded in the City - retail. He explored his many projects within the City and answered questions. . O. R. Berberian, 145 N. Santa Anita Avenue, advised that he desired to combine and relocate his existing pharmaceutical offices and would like to acquire the subject site. The building would be Spanish architecture. Some retail but primarily it is a wholesale business. He would have five full time employees. The building would not be used for rental. The personal property and business inventory were elaborated upon and he said further in part that he could start construction within 4 to 5 months. .' ,'. " , Fred Bowden, representing the Bowden Construction Company and the Langstaff Electrical, Inc., currently in Pasadena, said they are in need of additional space due to their grQwth during the past 18 years and propose to 'con~truct' a t~9-Jtory build~ng-serving electrical contractors with supplies.. There would be limited retail business. He explored the personal property and business inventory which is indicated on the spread sheet before the Agency. JameS Melas, 344 Hacienda, Arcadia, President of the W. D. Wilson Company, currently in South Pasadena, explained his proposal which is indicated on the spread sheet before the Agency. They are dis,ributors of small size valve and fittings with headquarters in Cleveland, Ohio. They must have more space and a one story building is proposed with an office in front and a small warehouse in the rear. There would be no large machinery. The business would not generate traffic as sales are submitted by salesmen and over the telephone. He spoke at length on the sizeabte inventory and sales tax and answered questions. . Paula Possomato, representing the All Star Lettering Company and Orla Pedersen, general contractor who prop 0 se to co,\struct a two ARA 3-15-78 - 1 - ADJOURNMENT story building with a California Monterey motif. She felt the site would lend itself to the lettering business and also to Mr. Pedersen with offices upstairs. She explored the figures set forth in the spread sheet before the Agency and said they would forego any realtor's commission if necessary. If this proposal should not be acceptable she asked for assistance in locating other city property, but felt the subject site ideal for her type of business. No one else desiring to be heard the hearing was CLOSED on MOTION by Member Margett, seconded by Member Parry and carried unanimously. The Agency members were of the opinion that each and everyone of the proposals were good and they would like to have all of the businesses in the City. Discussion held on the differentials in the proposed buildings, the parking requirements of each; traffic which might be generated. The tax increment and sales tax received particular consideration. They were impressed with one proposal, which would construct a one story building and would be more ' compatible with the neighborhood and the business would not brin~ in more traffic for the area. It was noted that the Agency in its decision should select the proposal which would also be taxwise best for the City. I It was MOVED by Member Lauber, seconded by Member Margett and carried on roll call vote as follows that the Agency determine that W. D. Wilson Company be its choice and that its proposal be accepted. Staff to work with the others in an endeavor to locate suitable sites. AYES: NOES: ABSENT: Agency Members Gilb, Lauber, Margett, Parry, Saelid None None ." Mrs. Possomato was advised that a list of other city owned properties could be made available to her. Chairman Saelid ~ommented in part that a definitive plan for future development is deeded. At 5:30 p.m. the meeting adjourned sine die. ATTEST: , ~!J~~~ Secre tary I ARA 3-15-78 - 2 -