The City of Arcadia has acquired half of the land originally promised for Rusnak's Mercedes Benz expansion. Arcadia Self-Storage and Church in Arcadia are selling to the city but the Elks Lodge and Rod's Grill refused to sell. The city expects Rusnak to produce a minimum of $700,000 each year in sales tax for 10 years, or until the loan is repaid.
Arcadia city officials adopt a 5-year redevelopment plan. The major goals are the expansion of the Rusnak Mercedes Benz auto dealership, development around the future Gold Line station and several affordable housing programs. The city demolished the Church of Arcadia's old building at 21 Morlan Place in September to make room for a parking lot that could be used by Rusnak.
Arcadia wants to declare a section of Live oak Avenue and Las Tunas Drive in south Arcadia a redevelopment zone to qualify for county funding. The County says area is not blighted and does not meet qualifications for funding.
The City of Arcadia wants to assist in the redevelopment of South Arcadia businesses around Live Oak and Las Tunas. The city will hold a hearing July 3 for the environmental impact report on a plan that has been proposed. The area in question covers 75 acres.
The Community Redevelopment Agency is still considering an 11-acre project around the former Foulger Ford property, now owned by car dealer Paul Rusnak.
An upscale senior citizens' residential community has been proposed on the site of Santa Anita Inn. The project is called Huntington Pointe and will include 260 units. It would be owned by Huntington Partnership and E.D.I., which owns and operates Santa Anita Inn.
Arcadia loses a redevelopment battle with Los Angeles County. The ruling stated that the Las Tunas Drive - Live Oak Avenue area in South Arcadia did not meet the criteria to be declared blighted in order to receive redevelopment funds.