City Council approved lending the city redevelopment agency $1.2 million Tuesday to cover additional cost overruns with Downtown 2000 and other projects.
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).
City Council members voted 4-0 to change lighting plans and add a new storm drain system to the Huntington Drive streetscape project, changing the cost from $4.1 to $5.6 million.
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.
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 December 16 by a 3-2 vote decided not to apply for federal funds under the Housing and Community Development Act of 1974, even though the Council-appointed committee recommended that it apply.
Arcadia City Council voted 4-0 in favor of searching for a temporary contractor for the Downtown 2000 project. Striking workers have caused delays and fears of future health problems.
The dissolution of the agreement between the city and Republic Development Company will take effect this week. Republic has been working for close to three years on the redevelopment project along Huntington Dr. City Council has, in effect, voted against the use of eminent domain making it impossible for the Development Company to talk to buyers.
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.
The Arcadia City Council plans to seek more than $1 million in damages against its original contractor for cost overruns in the City's Downtown 2000 revitalization project.
The City Council is considering whether to put community redevelopment on the November ballot in order to get a current consensus of the electorate's feelings on the subject. The article gives the present status of redevelopment in Arcadia and the positions of the Council members.
Downtown 2000, the redevelopment project that has served as a lightning rod for discontent at City Hall, received an Award of Excellence this week from the California Redevelopment Association.