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<br />I <br /> <br />ROLL CALL <br /> <br />SALE OF <br />FORMER <br />LIBRARY <br />PROPERTY <br />AND <br />BUILDING <br /> <br />t I <br />S 7() :~ <br /> <br />tIJ:1DEXED <br /> <br />LAND PURCHASE <br />PACIFIC <br />ELECTRIC <br />PROPERTY <br /> <br />I <br /> <br />J't'1& <br /> <br />~l:IDEXtD <br /> <br />CADWALLADER <br />PROPERTY <br />ACQUISITION <br /> <br />14:5678 <br /> <br />M I NUT E S <br /> <br />CITY COUNCIL OF THE CITY OF ARCADIA <br /> <br />SPECIAL MEETING <br /> <br />MAY 10, 1962 <br /> <br />The City Council of the City of Arcadia met in special session in the <br />Conference Room of the City Hall at 8:00 P.M., May 10, 1962, for the <br />specific purposes as set forth in the Notice calling said special <br />meeting. <br /> <br />PRESENT: <br />ABSENT : <br /> <br />Councilmen Phillips, Reibold, Turner, Butterworth <br />Councilman Balser <br /> <br />Reference was made to the fact that although no formal action had been <br />taken, the City had been negotiating with Mr. Harry McMahon for the <br />sale of the former library building and site and that now, due to his <br />untimely demise, the checks which the City has been holding, must be <br /> <br />returned. .A1~ ~ ~ I::'~ } '1(,:1. Z;;; f! /6-CJtJ. a-o <br /> <br />Whereupon cilmab'Reibold MOVED that the two checks, in the amounts <br />of $5000 and 15,00 respectively, be returned to the estate of Harry <br />McMahon. Counci man Turner seconded the motion which was carried <br />unanimously. <br /> <br />Councilman Phillips reported on the various meetings held by the <br />committee, consisting of himself and Councilman Turner, and appointed <br />for the purpose of exploring the sale of the former library site, <br />with representatives of two organizations, the American Friends <br />Society and the Arcadia Elks, both having made offers to purchase <br />said fo~mer library site. That the Committee is of the opinion that <br />it is improper at this time to reveal any figures which have been <br />discussed until all proposals have been reviewed; that it is the <br />understanding of the Committee that two other proposals are in the <br />offing; that a written report will be submitted prior to the Council <br />meeting of June 6, 1962. That although there seems to have been a lack <br />of interest in the property for two years the City could expect an <br />appreciably higher figure now that four offers are anticipated. <br /> <br />Discussion was held on the status of the old Pacific Electric property <br />located north of Huntington Drive, west of Santa Anita Avenue. Future <br />frontage on Santa Clara Street was explored in terms of the effect and <br />interest in the entire area. Various related matters, including the <br />type of sale which should eventually be made, were discussed, with <br />emphasis on the promise of proper development on the part of the buyer. <br />It was mentioned that Hutchings Motors Inc. had purchased the old <br />stable property on Morlan Place and that the City has a deed on the <br />right of way. That the City deposited a check on said Pacific Electric <br />property on April 25,1962 and the escrow on same will close shortly. <br /> <br />The option the City holds to purchase the property known as the <br />Cadwallader property, located north of Huntington Drive, south of the <br />abandoned Pacific Electric Railway, east of Third Avenue and west of <br />the Wash, was also discussed. It was stated that said option must <br />be picked up prior to June 27, 1962 or a possible extension of the <br />option requested. The City Manager advised that the owners of said <br />property were presently absent from the City but have left a Power of <br />Attorney. Discussion continued regarding the freeway agreement which <br />\:~.>..rf"" calls for street widening, the location of the freeway through the <br />... "'1. <br />'. ,. "'.c:,.area, the possible relocation of the City yards presently on Santa Clara <br />Street, construction of service buildings, including the City garage, <br />CJ:NDEXED and existing buildings for City use. <br /> <br />v/ <br />..,.- <br />" <br /> <br />1. <br /> <br />5-10-6.2 <br />