With Councilmen Dick Haltom and Dave Hannah dissenting, the Arcadia City Council approved a resolution of inducement for tax-exempt financing for the proposed Ramada Inn project.
Proposed redevelopment of the Santa Anita Inn, formerly Ramada Inn at 130 West Huntington Drive, Arcadia, won't take place until after the Olympics next August.
The Santa Anita Inn was purchased 2 weeks ago by developer Charles Bluth, who is already implementing plans to turn the hotel at the corner of Huntington Drive and Colorado Place into a four-star inn. Renovation (with a New Orleans motif) should be completed by January.
Demolition of the Santa Anita Motor Inn is being completed. Built in 1938, it had become an architectural curio - built as it was to resemble a ship with streamlined characteristics.
Construction will begin in November on the $20 million hotel-office complex on the site of the Ramada Inn, according to John Kirkpatrick, the developer. He expects that the hotel and one office building will be completed before the 1984 Olympics. The new hotel will be first class with a well-known name.
The 121-unit Marriott Residence Inn is scheduled to open for business on January 23. An "all-suites" hotel, the inn offers kitchens in every unit to entice "extended-stay" travellers.
City Council approved the zone change necessary to allow a seven-story, 150 room hotel to be built at 130 West Huntington Drive, the current site of the Ramada Inn.
Two major items on Arcadia City Council's last agenda have been continued until meeting of December 6. One relates to proposed development by Sam Falzone of the city-owned vacant property at First Avenue and Huntington Drive. The other with-exempt financing for the Santa Anita Inn.
Arcadia City Council in its role of redevelopment agency approved tax-exempt financing for the proposed RPI office development at intersection of Colorado Boulevard and Colorado Place.
The City Council is considering collecting taxes on free admissions to the Santa Anita Park race track. It would mean considerably greater income for the City.
An ordinance will be introduced for first reading by Arcadia City Council whereby the city would receive .33 of 1% of parimutuel wagers at Santa Anita Park race track. If ordinance is approved, city would eliminate admission tax.
On a 4-1 vote, Arcadia City Council gave first reading to an ordinance whereby the City elects to receive a 1/3 of 1% of parimutual wagers at Santa Anita Park Race Track. Adoption means the city will not charge an admission tax.
A large turnout is expected at the next meeting of City Council when they must decide whether or not to approve the resolution permitting liquor to be served at the city's two bowling alleys.
Prior to signing an exclusive "right to negotiate" with the city, Beck and Associates, developers of the proposed Target Department Store are asking the city to contact business and property owners to determine if they want to be participants in the project.