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HomeMy WebLinkAboutItem 1a: Public Hearing Regarding Rusnak Disposition and Development Agreement PI PRI ill MEMORANDUM Arcadia Redevelopment Agency April 27, 2011 TO: Mayor and City Council Chair and Agency Board Members FROM: Jason Kruckeberg, Assistant City Manager /Development Services Director :AK- By: Jerry Schwartz, Economic Development Manager d" SUBJECT: Rusnak DDA; Request to Continue the Public Hearing to a Date Uncertain The May 3 City Council meeting agenda includes a joint City Council /Redevelopment Agency Public Hearing and consideration of a Disposition and Development Agreement (DDA) with Rusnak. The item has been continued twice from the initial noticed hearing date of April 5th While there has been significant progress made on the DDA, including receiving a comprehensive set of comments from Rusnak's outside counsel, the document is still a work in progress. Agency Counsel is preparing a revised draft DDA based on the direction from Council during Closed Session at the April 20 meeting. That document will need to be reviewed by Rusnak and its attorney. Since the DDA is still being modified and it is not clear when it will be completed, it is recommended that this item be continued to a date uncertain. When the DDA is ready for Council /Agency consideration, the hearing will be renoticed as required by Redevelopment Law. During this time period, staff will also conduct a further environmental review for the project, and it will be included in the public notice and as part of the public hearing. A formal action to continue the hearing is required because a noticed public hearing was continued to the May 3rd meeting. Approved: Donald Penman, City Manager /Executive Director