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<br />ROLL CALL <br /> <br />1 <br /> <br />MINUTE <br />APPROVAL <br /> <br />PROPERTY <br />ACQUISITION <br />ADJUSTMENT <br /> <br />LOCATION <br />OF SITE <br />(Atkins) <br /> <br />1 <br /> <br />ADJOURNMENT <br /> <br />MINUTES <br /> <br />ARCADIA REDEVELOPMENT AGENCY <br /> <br />REGULAR MEETING <br /> <br />APRIL 19, 1977 <br /> <br />The Arcadia Redevelopment Agency met in regular session on April 19, <br />1977 at 8:40 p.m. in the Arcadia City Hall Council Chamber. <br /> <br />PRESENT: <br />ABSENT: <br /> <br />Members Gilb, Lauber, Margett, Parry, Saelid <br />None <br /> <br />On MOTION by Member Margett, seconded by Member Gilb and carried unani- <br />mously the minutes of the regular meeting of April 5 were APPROVED. <br /> <br />The Agency received a request to adjust the acquisition price for <br />property at 215-223 E. Huntington Drive due to a miscalculation in the <br />final price. The purchase price was submitted as $197,120 whereas the <br />correct amount should have been $199,750. As part of the Agreement <br />with the owner to hold the property for Agency acquisition at a firm <br />price the owner required that the only adjustment would be for compen- <br />sation of property taxes. Whereupon it was MOVED by Member Lauber, <br />seconded by Member Margett and carried on roll call vote as follows <br />that the City Attorney be instructed to prepare an amendment to ARA 32 <br />to change the purchase price for said property from the Hygiene Products <br />from $197,120 to $199,750 with no other changes in the terms of purchase. <br />Same to come back to the Agency. <br /> <br />AYES: <br />NOES: <br />ABSENT: <br /> <br />Members Gilb, Lauber, Margett, Parry, Saelid <br />None <br />None <br /> <br />The Agency was advised of a request from Robert Atkins for a 120 day <br />extension from this date in the "Agreement to Negotiate" with the <br />Agency for the purpose of locating a site of 50,000 sq. ft. of office <br />space. The extension is requested so that a final development package <br />may be put together, including development of final proposals and <br />appropriate disposition and development agreements. The $2,500 good <br />faith deposit would remain in effect. <br /> <br />The Economic Coordinator responded to questions propounded by Agency <br />members, in part, that the Agency is working with anyone who can be of <br />assistance in locating a proper site for Mr. Atkins; that the agreement <br />does relate to the project area but does not preclude a site in another <br />area if an appropriate site presents itself. In response to a specific <br />question as to whether or not a specific location is being held for <br />Mr. Atkins at a specific price, Mr. Pollard stated in part that the <br />subject property is not being held for Mr. Atkins; that Mr. Atkins would <br />like to continue negotiations in good faith and that if there is any <br />misunderstanding due to the way in which the request from Mr. Atkins is <br />worded this could be remedied. <br /> <br />It was then MOVED by Member Gilb, seconded by Member Lauber and carried <br />on roll call vote as follows that the Agreement with Robert Atkins be <br />extended for a period of 120 days from April 19, 1977 and that the <br />Economic Coordinator explain in a communication to Mr. Atkins that a <br />specific location is not being held.. .with a copy of the letter to the <br />Agency members. <br /> <br />AYES: <br /> <br />NOES: <br />ABSENT; <br /> <br />Members Gilb, Lauber, Margett, Parry, Saelid <br />None <br />None <br /> <br /> <br />At 9 p.m. the meeting adjourned <br /> <br />ARA <br />4-19-77 <br />