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HomeMy WebLinkAboutJANUARY 17,1983 CITY COUNCIL PROCEEDINGS ARE TAPE RECORDED AND ON FILE IN THE OFFICE OF THE CITY CLERK I ROLL CALL PROPERTY ACQUISITION 24 N. Third Ave. ACQUIRED q1/ F/~ ,~ t'~ r- 21 N. Third Ave. NOT ACQUIRED I / 25:0648 M I NUT E S CITY COUNCIL OF THE CITY OF ARCADIA ADJOURNED REGULAR MEETING and the ARCADIA REDEVELOPMENT AGENCY SPECIAL MEETING JANUARY 17, 1983 The City Council met in an adjourned regular session and the Arcadia Redevelopment Agency met in a special meeting at 7 p.m. on Monday, January 17, 1983 in the City Hall Conference Room. PRESENT: ABSENT : Councilmen/Members Dring, Haltom, Hannah, Lojeski, Pellegrino None The Agency received the staff report and considered the acquisition of 21 and 24 North Third Avenue. Taking 24 North Third Avenue first, staff advised that the property is ownecL,by Mr. and Mrs. Leonard Kennedy and was appraised at $90,000 plus a. relocation payment. State allows relocation payments for owner occupants. There is one tenant in the rear. Staff felt this is a reasonable price and recommended approval of the negotiated acquisition. It was determined that the street and City property is included in the overall dimensional square footage. It was MOVED by Member Hannah, seconded by Member Lojeski and carried on roll call vote as follows that 24 North Third Avenue be acquired for $90,000, plus $IO,OOO relocation costs for the owners, and $4,000 relocation costs for the tenant. AYES NOES ABSENT: Members Hannah, Lojeski, Pellegrino Members Dring, Haltom None Member Dring had suggested that there b~ a 90-day escrow during which time the Kennedys and tenant could remain on the premises. This was not included in the motion. Member Lojeski then MOVED to acquire 21 N. Third Ave. at $160,000 per conditions in staff report. MOTION seconded by Chairman Pellegrino. Discussion ensued concerning the west side of Third Avenue and some thought was given to the possibility of having to go to the eminent domain route with some of the members willing if a major definite project were in sight. Roll call was then taken on the MOTION to acquire. AYES NOES ABSENT: Members Lojeski, Pellegrino Members Dring, Haltom, Hannah None (This action later reconsidered, See page 2). Third Avenue Project - Policy Issues During the discussion on this item and what projects would be accept- able for the subject area - in response to Chairman Pellegrino's inquiry as to whether or not the members would be in favor of eminent domain if desirable project were presented, all members agreed they would go that route should a major project be received. -1- 1-17-83 FIFTH AVE. & HUNTINGTON DR. LOCATION CONTI NUED j FIRST AVE. & HUNTINGTON DR. PROPOSALS ct .j"1 r. " liJo V 25:0649 Whereupon Member Hannah MOVED to reconsider the motion on 21 North Third Avenue. MOTION seconded by Member Lojeski and carried on roll call vote as follows: AYES NOES ABSENT: Members Dring, Haltom, Hannah, Lojeski, Pellegrino None None Member Lojeski then MOVED to acquire 21 N. Third Ave. pursuant to staff's report. MOTION seconded by Chairman Pellegrino and the following roll call vote as taken: AYES NOES ABSTAIN: ABSENT : Members Lojeski, Pellegrino Members Dring, Haltom Member Hannah None I Discussion was held on the possibility of properties. Staff will get in touch with back. including the Bong and Kiewit those individuals and report Consideration of a proposal received from the Automobile Club of Southern California to purchase 412-418 E. Huntington'Dr. They propose a 3-story office complex. Staff recommended continuing this, and it was MOVED by Member Hannah, seconded by Member Dring and carried on roll call vote as follows, that the proposal be extended for 60 to 90 days. AYES NOES : ABSENT: Members Dring, Haltom, Hannah, Lojeski, Pellegrino None None Chairman Pellegrino and Member Hannah did not participate in the follow- ing consideration. Three proposals have been recei'ved for the site at the northwest corner of First Avenue and Huntington Drive. 1. Merrill Lynch Realty. This was presented on behalf of the developer- buyer, Richard J. Nathan. They would construct a large commercial office facility, maximizing use under the zoning, as well as a park- ing structure over the public lot. Willing to pay the asking price. 2. JB Properties. Their offer is contingent upon redeveloping the entire block. They have offered less than the asking price subject to many conditions. (This was rejected on MOTION.) 3. Halferty Development Company. They would build a 4-story office facility and are willing to pay the asking price. Member Dring MOVED to reject the proposal submitted by JB Properties because of the low offer. MOTION seconded by Member Haltom and carried on the following roll call ~ote: I AYES .. NOES ABSTAIN: Members.Dring, Haltom, Lojeski None Members Hannah, Pellegrino Staff will contact Merrill Lynch and Halferty on Wednesday, January 19 to obtain additional information - as to the time frame, parking structures and the like. This to come back to the Agency Wednesday even ing. During the interim, staff will prepare a one-page flyer describing the opportunity for a mass mailing to members of the Pacific Coast Builders Association, California Redevelopment Association (developer members only), and other development-oriented associations. -2- 1-17-83 MAINTENANCE OF FIRST & HUNTI NGTON v" I AGENCY FINANCIAL REPORT q ,ff 1 f '1--' I 25:0650 In response to a question, staff advised that the seeding and reseeding is currently being performed by the contractor and they must also install the sprinkler system. Staff will advise the Arcadia Business Association that the Agency will accept their offer to pay for the maintenance of the lawn.... The Association had previously said it would pay $75 per month. The Finance Director submitted a report on the cash situations of the Agency along with a schedule of cash receipts and disbursements from July 1,1982 through June 30, 1983. (Report dated January 10, 1983). The outstanding mortgages were also listed. Discussion was held and the Finance Director responded to each inquiry, He will prepare a cash flow projection. ' The Agency then entered a CLOSED SESSION. Reconvened and adjourned to 7 p.m. January 18, 1983 in the Conference Room. ATTEST: did,hr:~ ~ City Cl erk I -3- 1-17-83