HomeMy WebLinkAboutRDA PROP. ACQUISITION 5-18-81DATE:
TO;
FROM:
SUBJECT:
May 18, 1981
No. 6
5-18-81
Inter-Corn
Redevelounent Agency
C~a~anity Development Department
Property Acquisition
The staff met with the Gefeller Development Corporation on May
11, 1981 to discuss further the Agency's participation in the
development of parking acco~ations for the area southerly of
Main Street between "C" and E1 Cmnino Real. We will keep the
Agency informed of these negotiations.
A private developer has made an offer on the Mitchell
properties which exceeds the appraised value of the City. The
intent is to remove the structures and build law offices on the
site. The developer wishes assurance that the Redevelopment
Agency would not be in competition with him for site
acquisition.
Unless directed otherwise, staff will asstm~ that the intent of
the Agency is to gain private redevelopment and the Agency
would not desire to impede the efforts of private individuals
but to encourage them. The developer would thus be assured
that he could proceed with the acquisition of the properties.
R. Kenneth Flea~fe, D.P.A.
Acting C~anity Develolx~ent. Director
EL~F/dat