05/19/1987 - Laserfiche WebLink

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" The Legal Counsel requests that the Redevelopment Agency recess to closed session pursuant to Government Code Section 54956.8 to give instructions to the City's negotiator regarding negotiations with Mr. Passer concerning property located at 220 S. Sycamore Street. 4IÞ REPORT FROM EXECUTIVE SESSION It was moved by Vice Chairperson McGuigan, seconded by Agency Member Pulido and carried unanimously (7:0) that the Redevelopment Agency ratify a final offer of $610,000 plus interest and a goodwill payment of $53,776 to Matkin for the property located at 1535 S. Trotter. It was moved by Vice Chairperson McGuigan, seconded by Agency Member Pulido and carried unanimously (7:0) that the Redevelopment Agency ratify a final offer of $115,000 plus interest to Matkin for the property located at 2021 East Edinger. It was moved by Agency Member Pulido, seconded by Agency Member Hart and carried unanimously (7:0) that the Redevelopment Agency authorize a relocation payment of $50,000 to the Federated Group, Inc. It was moved by Vice Chairperson McGuigan, seconded by Agency Member Pulido and carried unanimously (7:0) that the Redevelopment Agency authorize a final offer of $86,250 to David G. Davis and Barbara A. Davis, dba Snack's 5th Avenue. 4IÞ It was moved by Vice Chairperson McGuigan, seconded by Agency Member Hart and carried unanimously (7:0) that the Redevelopment Agency authorize a goodwill payment of $50,000 to Georgeray Bailbonds. It was moved by Agency Member Pulido, seconded by Vice Chairperson McGuigan and carried unanimously (7:0) that the Redevelopment Agency authorize a final offer of $108,750 to Mr. Passer for the property at 220 S. Sycamore Street. ADJOURNMENT There being no further business meeting was adjourned at 6:40 P.M. to come before the Agency, the R~~ Executive Director 4IÞ 7.