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<br />. <br /> <br />closed, as well as one that shows Garnsey Street open, and that <br />the Agency will investigate the implications and make a decision <br />at a later date as to whether it stays open or closed. <br /> <br />The Executive Director reviewed the background and proposed Jones <br />Development plans. He stated that the Commission had requested <br />that Mr. Jones work out the problems with the neighborhood <br />tegarding the closing of Garnsey Street. Mr. Jones has been <br />attempting to acquire as much of the property as possible north of <br />his development to 10th Street, thereby eliminating the need for <br />Garnsey Street. After all of the property has been acquired, Mr. <br />Jones intends to come in with a development plan for the entire <br />north half of the block between Flower and Parton. Mr. Jones has <br />some options on some of the property in the area, but has not been <br />successful in acquiring all of the property. <br /> <br />The Executive Director stated that he feels Mr. Jones will be <br />willing to work with the idea that Garnsey Street will be left <br />open, but it will seriously affect his plans. <br /> <br />. <br /> <br />A motion was made by Mr. Bricken and seconded by Mr. Griset to <br />approve in concept, the formation of a master development plan for <br />the area bounded by Civic Center Drive, Tenth Street, Flower and <br />Parton Streets. After lengthy discussion, the motion failed by <br />the following roll call vote: <br /> <br />AYES: <br />NOES: <br />ABSENT: <br /> <br />Bricken, Griset, Serrato <br />Luxembourger, Ward, Yamamoto <br />Markel <br /> <br />In the discussion held prior to the vote, Mr. Ward stated that he <br />was opposed to a master development plan for this area because he <br />believed in free enterprise. <br /> <br />The Executive Director reported that money has been budgeted for <br />use in the original Jones site, and for preparing a study for the <br />formation of a master development plan. Money was not budgeted <br />for the acquisition of any property north of the proposed project. <br />The study would analyze closing versus not closing Garnsey. A <br />scope of development, such as condominiums, apartments, etc., <br />would be brought before the Agency, as well as an estimated cost <br />to acquire the land and an estimate of what the Agency could <br />receive from prospective developers for the land. <br /> <br />. <br /> <br />The Executive Director also reported that Staff has had several <br />meetings with the owners of property in the area, and that about <br />80% of the property owners do not present a major problem with <br />what is being proposed. About 20% of the owners do present a <br />problem because they have their own development plans. <br /> <br />DEVELOPMENT OF 510 AND 512 NORTH MAIN STREET <br /> <br />A motion was made by Mr. Griset and seconded by Mr. Serrato to <br />grant Mr. Ralph Allen a six month exclusive right to negotiate on <br />the development of 510 and 512 North Main Street. Before the <br />question was called for, Mr. Ralph Lowy of Lesny Development (who <br />was also requesting a six month right to negotiate on the same <br />property) addressed the Agency stating that his company had spent <br />considerable time preparing their proposal, and if they were not <br />granted the exclusive right to negotiate, they would probably <br />withdraw from this area. He further stated that his proposal <br />outlined what the Redevelopment Agency was seeking in terms of <br />development. He also pointed out that it was the Redevelopment <br />Agency Staff's opinion that his proposal was better than any other <br />proposal that had been presented for this site. <br /> <br />. <br /> <br />-4- <br />