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 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 Arcadia City Council has signed agreements with Republic Development Company for the development of the area along Huntington Drive east of First Avenue.
The City's Redevelopment Agency has launched a massive marketing plan for two sites located at the NW and SW corners of Second Avenue and 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.
The Arcadia Redevelopment Agency granted Stanley Gribble and Associates a 6-month exclusive right to negotiate with the city to develop a commercial project at the east end of the city between the railroad tracks on the south and west, Huntington on the north and 5th Avenue on the east.
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.
Council sets hearing on block grants. City of Arcadia is eligible for close to $260,000 in Community Development Block Grant funds for 1983-84. Funds are administered by county and intended for community improvement in various categories.
Between August 11 and September 30, the city will install brick sidewalks on Huntington Drive between 2nd Avenue and Santa Clara Street as the first major phase of Arcadia's downtown revitalization project.
The proposed new office building for the corner of Huntington Drive and First Avenue has run into a delay caused by a lack of tenants, according to Warren Lortie, president of the development firm WLA Arcon of Huntington Beach. Arcon requested and got a 90-day extension on its deadline.
Arcadia City Council has approved setting aside $270,094 in Community Development Block Grant funds for fiscal year 1984-85 to be used in a continuation of the 1983-84 business revitalization project.
City officials determined that Sulley-Miller is in gross violation of the Downtown 2000 project. In a unanimous vote, city officials terminated this company as contractor for the project.
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.
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 may use eminent domain to secure the Peter Kiewit property at 301 E. Santa Clara Street. Republic Development Co., which has a contract to develop the area, has asked the City Council's help in securing the property.