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HomeMy WebLinkAboutOctober 2, 1979ADJOURNED JOIN7v REGULAR MEETING OF ARCADIA CITY COUNCIL AND ARCADIA REDEVELOPMENT AGENCY October 2, 1979, 5:00 p.m. Roll Call City Council: Roll Call Redevelopment Agency: Gilb, Parry, Pellegrino, Saelid and Margett Gilb, Parry, Pellegrino, Saelid and Margett 1. CONTINUED JOINT Disposition and Development Agreement between the PUBLIC HEARING Arcadia Redevelopment Agency and American Savings CITY COUNCIL AND and Loan Association for property located at REDEVELOPMENT AGENCY the northwest corner of First Avenue and Huntington Drive. a. City Council Resolution No. 4849 - Making environmental findings necessary for the pro- posed Disposition and Development Agreement by the Arcadia Redevelopment Agency with American Savings and Loan Association for the sale and development of 55 -65 East Huntington Drive in the Central Redevelopment Project. b. City Council Resolution No. 4850 - Making certain findings with respect to the considera- tion to be received by the Arcadia Redevelopment Agency pursuant to certain Disposition and Development Agreement by the Arcadia Redevelop- ment Agency with American Savings and Loan Association for the sale and development of 55 -65 East Huntington Drive in the Central Redevelopment Project; approving the proposed sale of said real property; and approving the Disposition and Development Agreement pertaining thereto. C. Redevelopment Agency Resolution No. ARA -52 Making environmental findings necessary for the proposed Disposition and Development Agree- ment by the Arcadia Redevelopment Agency with American Savings and Loan Association for the sale and development of 55 -65 East Huntington Drive in the Central Redevelopment Project. d. Redevelopment Agency Resolution No. ARA -53- Making certain findings with respect to the consideration to be received by the Arcadia Redevelopment Agency pursuant to a certain Disposition and Development Agreement by the Arcadia Redevelopment Agency with American Savings and Loan Association for the sale and development of 55 -65 East Huntington Drive in the Central Redevelopment Project; approving the proposed sale of said real property and the Disposition and Development Agreement per- taining thereto; and authorizing the execution and implementation of said Disposition and Development Agreement. 2. JOINT COUNCIL AND a. Republic Development Company Disposition AGENCY PUBLIC and Development Agreement for portions of the HEARINGS TO BE Project Area east of First Avenue - Public SCHEDULED Hearing to be re- noticed (suggested date October 30, 1979). b. Participation Agreement with Mr. Al Coke and Associates proposed to be noticed con- current with Republic Development Company Disposition and Development Agreement. 3. Proposed Acquisition and Participation Agreement for the sale and development of property commonly known .as 610 -618 North Santa Anita Avenue to Bowden Construction Company. 4. Adjourn. -2-