01/20/1987 - Laserfiche WebLink

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. . that meanwhile it is a binding agreement that, logically, they cannot withdraw. on the other party and After further discussion, it was moved by Agency Member Pulido, seconded by Agency Member May and carried unanimously (7:0) that the Joint Public Hearing regarding the Owner Participation Agreement with Sycamore Retirement Apartments, Ltd. and Mercury Savings and Loan Association not be held and that the item be withdrawn from the Agenda. JOINT PUBLIC HEARING REGARDING THE FIESTA MARKETPLACE PROJECT Chairman Young announced that it was the time and place for the Joint Public Hearing of the Community Redevelopment Agency and the City Council of the City of Santa Ana for the proposed amendment to the Disposition and Development Agreement and for other agreements between the Community Redevelopment Agency of the City of Santa Ana and the Fiesta Marketplace Partners, Inc., adding that the proposed Fiesta Marketplace is located between Third Street, Fifth Street, Bush Street and French Street. He then asked that staff identify the property or issues and give the staff recommendation. The City Manager called upon Project Manager Patti Nunn to make the staff presentation. Project Manager Patti Nunn stated that, on August 20, 1985, the Agency entered into a Disposition and Development Agreement with Fiesta Marketplace Partners for the development of the Fiesta Marketplace. She pointed out that the Agency had acquired and conveyed to the developer the five sites shown on the parcel map, which had been given to the Agency Members prior to the meeting, adding that the Agency has caused the demolition of sites 1, 2 and 3. She stated that the developer is presently out to bid on the project and expects to award the contract shortly. She then reviewed the schematic drawings, present in the Council Chambers, with the Agency Members, pointing out that the Mercado and the Paseo would be the focal point of the development with a carousel to be placed in the Paseo. She then reviewed the four agreements being recommended for adoption by the Agency. When the Chairman asked for written communications, Secretary responded that there were none. When the Chairman asked if there were members of the public who wished to address the Agency on this matter, there was no response. the Agency The Chairman then called for questions from the Agency Members. . In response to questions from Agency Member Pulido, the Project Manager responded that the superstructures of the kiosks within this development would be removed but that the seating and planting would remain, and that there would be an ice cream store in the Fiesta Marketplace. l 2.