My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
09-03-04 Redevelopment Commission Minutes
sbend
>
Public
>
Redevelopment Commission
>
Minutes
>
2000-2009
>
2004
>
09-03-04 Redevelopment Commission Minutes
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/2/2012 12:11:27 PM
Creation date
7/21/2011 2:34:45 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
30
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
Redevelopment Commission Meeting <br />46�Regular Meeting — September 3, 2004 <br />6. NEW BUSINESS (CONT.) <br />D. Sample -Ewing Development Area <br />(3) Staff report on disposition of property in <br />the Sample -Ewing Development Area. <br />(Oliver Industrial Park, Lot #1) <br />Mr. Laurent reported that staff met with Ken <br />Poling and Michael Stepanek, Jr., on <br />April 15, 2004 to discuss Mr. Poling's <br />interest in purchasing Lot #1 in the Oliver <br />Industrial Park for development of a <br />commercial landscape distribution center. <br />Preliminary sketches of a site plan were <br />discussed and the overall concept of the <br />development was acceptable to staff and the <br />City. Following that meeting, Mr. Stepanek <br />submitted an executed Option Agreement to <br />Purchase Property for Private Development <br />ILI on behalf of Mr. Poling. <br />Staff reviewed the proposed option purchase <br />on Lot #1, and determined that the suggested <br />option price is $5,000, which was to be <br />refunded to Mr. Poling if he did not enter <br />into Contract for Sale of Land with the <br />Commission by March 15, 2005. The <br />property is currently valued at $114,570. <br />Under the terms of the proposed option, the <br />Commission would agree to hold the <br />property until 2005 for the refundable <br />amount of $5,000. In addition to its own <br />review, Staff also sought an opinion from <br />legal counsel regarding sale of property by <br />merit of an option as this is not the <br />Commission's usual practice in property <br />disposition. Staff believes that the option, as <br />proposed, would limit the Redevelopment <br />Commission's opportunities to develop Lot <br />#1 without any substantial benefit to the <br />Commission. Staff does not feel that this <br />13 <br />
The URL can be used to link to this page
Your browser does not support the video tag.