The Arcadia Redevelopment Agency would like the Arcadia Nissan property in East Arcadia, but the city may not be able to afford it since the Redevelopment Agency is already $9.9 million in debt.
In a significant move to redevelop the east end of town, the Arcadia Redevelopment Agency voted to take 6 landowners to court to obtain their property by condemnation.
City Council approved lending the city redevelopment agency $1.2 million Tuesday to cover additional cost overruns with Downtown 2000 and other projects.
The Arcadia Redevelopment Agency may have to return $550,000 to the county unless it turns its funds into fixed assets. Sites in the redevelopment area being considered for purchase are described.
For the first time in its history, the Arcadia Redevelopment Agency has authorized using its power of eminent domain to acquire properties specifically for redevelopment. The agency voted to use that power to acquire a construction yard on Santa Clara Avenue known as the Bong property and other properties on the north side of Huntington Drive, between Second Avenue and the Santa Anita Wash.
The Arcadia Redevelopment Agency voted unanimously to begin condemnation proceedings of a property at 156 Santa Clara Street. The agency wants to claim the land for retail stores and office buildings. Eminent domain proceedings were begun since the city and the owners of the property have not been able to agree on the value of the property.
Summary of changes in the redevelopment law to become effective January 1, 1977. Now it will be up to the Community Redevelopment Agency to justify its processes.
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 in its role as Arcadia Redevelopment Agency hears plan by local developers to buy city property at the southwest corner of Fifth Avenue and Huntington Drive.
The City Council on Tuesday December 18 by a 4-1 vote introduced an ordinance approving and adopting the Redevelopment Plan for the Central Redevelopment project.
The Arcadia City Council, acting as the Arcadia Redevelopment Agency, has agreed to have the Republic Development Company propose a commercial development at the east entrance to Arcadia, on Huntington Drive.
The Arcadia City Council, in its role of redevelopment agency, has approved a disposition and development agreement with American Savings for the property at the northwest corner of First Avenue and Huntington Drive.
Arcadia City Council members, acting as the Arcadia Redevelopment Agency, will be asked Tuesday night to approve purchase of two properties at Fifth Avenue and Huntington Drive (the Larmor development).
Concept plans for a $14 million eight-story building at 333 E. Huntington Drive have been approved by the Redevelopment Agency. The 4.7 acre site is owned by Bob Low of Arcadia Datsun.
The Arcadia Redevelopment Agency (which is also the City Council) is considering whether to take steps toward acquiring several properties in east Arcadia that made up the parcel of land for the now defunct Target Shopping Center. According to Peter Kinnahan, assistant city manager for economic development, the Arcadia Redevelopment Agency is strongly in favor of acquiring property on 3rd Avenue, just north of Huntington Drive.
The Arcadia Redevelopment Agency approved the purchase of $1.2 million in land owned by the Atchison, Topeka, and Santa Fe Railway Co. at 21 North 2nd Avenue to be used as part of the Northwest Corner Project of commercial development.