09/30/1985 - Laserfiche WebLink

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. . 8 I 8 project and to comment on the factors and evidence necessitating the condemnation action and requested that staff set forth why the public interest and necessity require the project; why the project is planned or located in the manner that will be most compatible with greatest public good and the least private injury; why the properties sought to be acquired are necessary for the project; and, whether or not the offers as required by Section 7267.2 of the Government Code have been made to the owners of record, or the offer has not been made because the owners cannot be located with reasonble diligence. The Real Estate Manager addressed the Agency and stated that the property is located behind or westerly of 2700 North Main Street at 2706 North Main Street. He added that it is a 1.72 acre site which is improved with a parking lot and that the property is owned by Comet, Inc., Gordon Howard, President. He added that the public interst and necessity require the property for the following reasons: 1. The Agency has entered into an Owner Participation Agreement with Santa Ana Venture, dated May 15, 1984 and that the subject property is includes in this agreement with Santa Ana Venture for redevelopment and in an Owner Participation Agreement with KLST Partnership, Inc. which was executed by the Agency on August 5, 1985. 2. The aforementioned Owner Participation Agreements provide for the redevelopment and expansion of the Fashion Square Shopping Center and the redesign of the parking for the Fidelity Federal Building, 2700 North Main Street, and the subject property is required for both purposes and the extension of Broadway into the property. 3. The owner will receive just compensation for the taking of this property. The Real Estate Manager stated that the project is planned and located, purusant to hearings previously held by the Redevelopment Commission, the Planning Commission, the City Council and the Redevelopment Agency. He added that the project will provide commercial uses for the area and will represent a redevelopment of the property; thereby, generating increased commercial and office spaces, hotel rooms, employment and additional tax base for the citizens of Santa Ana. He pointed out that an offer of just compensation had been made to the owner of the property in accordance with Section 7267.2 of the Government Code. He added that a negotiated settlement had been reached with the owner but that staff would like to proceed with the condemnation of the property in the event that something might occur which would prevent the closure of the escrow on the property. Chairman Griset then invited anyone wishing to address the Agency -2-