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04/17/1984
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04/17/1984
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1/3/2012 3:34:58 PM
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City Clerk
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Agenda
Date
4/17/1984
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<br />. <br /> <br />. <br /> <br />. <br /> <br />4. AGREEMENTS <br /> <br />A. DEVELOPER SELECTION FOR THE C-5 AND C-6 SITES <br /> <br />Recommendation: <br /> <br />1) <br /> <br />Grant a 9Ø-day exclusive right to negotiate to Lowy <br />Development Corporation for the development of an <br />office building on the C-5 site subject to design <br />and use modifications; and <br /> <br />2) <br /> <br />Grant a 9Ø-day exclusive right to negotiate to <br />Halferty Development Company for the development <br />of an office building on the C-6 site. <br /> <br />Commission Recommendation: <br />velopment Agency: <br /> <br />Recommend that the Rede- <br /> <br />1) <br /> <br />Grant a 9Ø-day exclusive right to negotiate to <br />Lowy Development Corporation for the development <br />of an office building on the C-5 site subject to <br />design and use modifications; and <br /> <br />2) <br /> <br />Grant a 9Ø-day exclusive right to negotiate to <br />Halferty Development Company for the development <br />of an office building on the C-6 site. <br /> <br />B. <br /> <br />DEVELOPER SELECTION FOR THE A-13 SITE (SOUTHWEST CORNER OF <br />FLOWER AND SANTA ANA BOULEVARD <br /> <br />Recommendation: Grant a 9Ø-day exclusive right to <br />negotiate to Lowy Development Corporation for develop- <br />ment of the A-13 site. <br /> <br />Commission Recommendation: The Redevelopment Commis- <br />sion will consider this matter at their meeting of <br />April 17, and their recommendation will be verbally <br />presented to the Agency. <br /> <br />5. <br /> <br />RESOLUTIONS <br /> <br />A. <br /> <br />EXECUTION OF DIRECT LOAN AGREEMENTS <br /> <br />Recommendation: Adopt Resolution No. 84-9: A RESO- <br />LUTION OF THE COMMUNITY REDEVELOPMENT AGENCY AUTHO- <br />RIZING THE EXECUTIVE DIRECTOR AND THE DIRECTOR OF <br />COMMUNITY DEVELOPMENT TO EXECUTE LOAN AGREEMENTS ON <br />BEHALF OF THE AGENCY PURSUANT TO THE DIRECT COMMER- <br />CIAL LOAN PROGRAM. <br />
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