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<br />~- <br /> <br />4. <br /> <br />REIMBURSEMENT AGREEMENT AND EXCLUSIVE NEGOTIATIONS <br />WITH GRIFFIN HOLDINGS - NORTHWEST CORNER OF FOURTH <br />AND BROADWAY (PHILLIPS-HUTTON BLOCK) <br /> <br />. <br /> <br />Motions: 1. <br /> <br />Direct the Executive Director to negotiate with Griffin Realty <br />Corporation exclusively for a six-month period the terms and <br />conditions of a Disposition and Development Agreement (DDA) <br />for the Phillips-Hutton Block located at the northwest corner of <br />Broadway and Fourth Streets. <br /> <br />2. Direct the Agency Attorney to prepare and authorize the Executive <br />Director to execute a reimbursement agreement with Griffin <br />Realty Corporation to conduct a feasibility study of the subject <br />block. <br /> <br />MOTION: Bist SECOND: Solorio <br />VOTE: AYES: Alvarez, Bist, Christy, Franklin, McGuigan, <br /> Pulido, Solorio (7) <br /> NOES: None (0) <br />ABSENT: None (0) <br /> <br />. <br /> <br />COMMENTS <br /> <br />5. <br /> <br />PUBLIC COMMENTS <br /> <br />There were no public comments. <br /> <br />6. <br /> <br />COMMUNITY REDEVELOPMENT AGENCY MEMBER COMMENTS <br /> <br />There were no Agency member comments. <br /> <br />ADJOURNMENT-8:31P.M. <br /> <br /> <br />oW< ~ <br /> <br />John P. Reekstin, Executive Director <br />Community Development Agency <br /> <br />. <br /> <br />Mi A. Pulido, Chairman <br />Community Redevelopment Agency <br /> <br />CRA MINUTES <br /> <br />3 <br /> <br />AUGUST 20, 2001 <br />