HomeMy WebLinkAboutItem 1b: Rusnak DDA: Request to Continute the Public Hearing to April 20th Meeting rim oil
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MEMORANDUM
Arcadia Redevelopment Agency
March 31, 2011
TO: Mayor and City Council
Chair and Agency Board Members
FROM: Jerry Schwartz, Economic Development Manager A
SUBJECT: Rusnak DDA; Request to Continue the Public Hearing to April 20
Meeting
The April 5 City Council meeting agenda includes a joint City Council /Redevelopment
Agency Public Hearing and consideration of a Disposition and Development Agreement
(DDA) with Rusnak.
While Agency Counsel has been in contact with Rusnak and received some preliminary
comments on the DDA, their outside counsel has been away and has not reviewed the
document. A meeting has been set between Agency Counsel and the attorney for
Rusnak for April 13 to review the DDA in detail and work through any issues.
Since the DDA is still under review and changes are expected, it is recommended that
this item be continued to the meeting of Wednesday, April 20. A formal action to
continue the hearing until that date is required because all of the noticing requirements
were completed to hold the hearing at the April 5 meeting.
Approved: 4Pri^- ��--�'
Donald Penman, City Manager /Executive Director