04/21/1987 - Laserfiche WebLink

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. . . would terminate in 1989 when the Chamber of Commerce's master lease expires, adding that there was a cost-of-living raise in 1988. It was then moved by Vice Chairman McGuigan, seconded by Agency Member May that the Agency authorize the City Attorney to prepare and the Chairman and Secretary to execute a Sublease Agreement with the Greater Santa Ana Chamber of Commerce. Agency Member May left the Council returned at 7:05 P.M. Chambers 7:00 P.M. and at The vote on the motion was then (Agency Member Acosta voting "NO"). approved by a vote of 5:1 EXECUTIVE SESSION The City Clerk read the following statements: . "THE LEGAL COUNSEL REQUESTS 'THAT TIŒ REDEVELOPMENT AGENCY RECESS TO CLOSED SESSION PURSUANT TO GOVERNMENT CODE SECTION 54056; 8 TO "GIVE--INSTRUCTIONS 'TO THE '"CITY , S NEGOTIATOR REGARDING NEGOTIATIONS WITH ALAN FAINBARG AND DAVE WILLIAMS CONCERNING ,THE., PURCHASE "OF ,THE 'PROPERTY"WCATED AT. 416 N;' BROADWAY." "THE LEGAL COUNSEL REQUESTS THAT THE REDEVELOPMENT AGENCY RECESS TO CLOSED SESSION TO CONFER WITH ITS ATTORNEY REGARDING PENDING LITIGATION PURSUANT TO GOVERNMENT CODE SECTION 54956.9 (B) (1) DUE TO SIGNIFICANT EXPOSURE. " REPORT FROM EXECUTIVE SESSION It was moved by Vice Mayor McGuigan, seconded by Agency Member Hart and carried unanimously (7:0) that authority be given to the City's negotiators to acquire the property at 1406 Broadway for the amount of $860,000.00. It was moved by Agency Member Pulido, seconded by Vice Mayor McGuigan and carried unanimously (7:0) that authority be granted to the negotiators for the Redevelopment Agency to settle the Claim of HBR in the amount of $10,500.00. ADJOURNMENT There being no further business to come before Redevelopment Agency, the meeting was adjourned at 7:11 P.M. the ~ Executive Director 5.