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<br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />EXTENSION OF EXCLUSIVE <br />DEPARTMENT STORES, INC. <br /> <br />AGREEMENT <br /> <br />WITH <br /> <br />NEGOTIATION <br /> <br />FEDERATED <br /> <br />The City Manager outlined the progression of negotiations between <br />Federated Department Stores and the Agency and added that staff <br />recommended this extension so that the Environmental Impact Report <br />could be properly prepared. <br /> <br />It was moved by Mr. Griset, seconded by Mr. Acosta and carried by a <br />vote of 6:1 (Mr. Markel voted "NO") that the Agency adopt <br />Resolution 81-89: A RESOLUTION OF THE COMMUNITY REDEVELOPMENT <br />AGENCY OF THE CITY OF SANTA ANA AUTHORIZING THE CHAIRMAN TO EXECUTE <br />A SIXTH AMENDMENT TO THE EXCLUSIVE NEGOTIATION AGREEMENT BETWEEN <br />THE AGENCY AND FEDERATED DEPARTMENT STORES, INC. <br /> <br />AMENDMENT <br />ASSOCIATES <br /> <br />AGENCY <br /> <br />RALPH <br /> <br />ALLEN <br /> <br />OF <br /> <br />BETWEEN <br /> <br />AND <br /> <br />AGREEMENT <br /> <br />THE <br /> <br />The City Manager advised the Agency that, after final plans for the <br />Ralph Allen Associates building were complete, it was found that <br />there was a slight problem of overhang which required a <br />redefinition of the lines. <br /> <br />It was moved by Mr. Serrato, seconded by Mr. Acosta and carried by <br />a vote of 6:1 (Mr. Markel voted "NO") that the Agency adopt <br />Resolution 81-90: A RESOLUTION OF THE COMMUNITY REDEVELOPMENT <br />AGENCY OF THE CITY OF SANTA ANA AUTHORIZING THE CHAIRMAN OF THE <br />AGENCY TO EXECUTE AN AMENDMENT TO THE DISPOSITION AND DEVELOPMENT <br />AGREEMENT BETWEEN THE AGENCY AND RALPH ALLEN ASSOCIATES. <br /> <br />TERMINATION OF AGREEMENT BETWEEN THE AGENCY AND MOHLER-VISTA <br /> <br />It was moved by Mr. Serrato, seconded by Mr. Griset and carried by <br />a vote of 6:1 (Mr. Markel voted "NO") that the Agency adopt <br />Resolution 81-91: A RESOLUTION OF THE COMMUNITY REDEVELOPMENT <br />AGENCY OF THE CITY OF SANTA ANA AUTHORIZING THE CHAIRMAN TO EXECUTE <br />A TERMINATION OF AGREEMENT BETWEEN THE AGENCY AND MOHLER-VISTA. <br /> <br />TERMINATION OF AGREEMENT BETWEEN THE AGENCY AND JONES DEVELOPMENT <br />CORPORATION AND RETENTION OF $25,000 GOOD FAITH DEPOSIT ----------- <br /> <br />The City Manager stated that the Jones Development Corporation had <br />not met the criteria required to continue its exclusive right to <br />negotiate with the Agency for the site known as Participation Plans <br />B-1. <br /> <br />It was moved by Mr. Griset, seconded by Mr. Acosta and carried by a <br />vote of 6:1 (Mr. Markel voted "NO") that the Agency adopt <br />Resolution 81-92: A RESOLUTION OF THE COMMUNITY REDEVELOPMENT <br />AGENCY OF THE CITY OF SANTA ANA AUTHORIZING THE CHAIRMAN TO EXECUTE <br />A TERMINATION OF AGREEMENT BETWEEN THE AGENCY AND JONES DEVELOPMENT <br />CORPORATION; terminate the Participation Agreement between the <br />Agency and Jones Development Corporation and retain the good faith <br />deposit in the amount of $25,000 as liquidated damages pursuant to <br />the Agreement; and authorize the Executive Director to request <br />proposals for development of the site. <br /> <br />TERMINATION OF AGREEMENT BETWEEN THE AGENCY AND SANTA ANA OFFICE <br />PLAZA AND RETENTION OF $50,000 GOOD FAITH DEPOSIT <br /> <br />Milton Burkes, the managing partner of the Santa Ana Office Plaza, <br />addressed the Agency and pointed out drawings and plot plans posted <br />on the display board. He stated that the project was well-defined, <br />organized and planned by a well-known architect and that, in his <br />opinion, the City would not be at a tremendous disadvantage if this <br />agreement was extended for an additional 90 to 180 days. He added <br />that he had two other developers who were interested in this <br />project as a joint venture, one of whom was seeking funding, while <br />the other was planning to come to Santa Ana for further <br />discussions. <br /> <br />6. <br />