HomeMy WebLinkAboutR09-RDA Item
o
o
o
. Redevelopment Agency · City of San Bernardino
~Ncrrh "D" SUMI, FounhFloor . SIIIB-.IiDo, Califomia 92418
(714) 384-5081 FAX (714) 8l18-9413
PrIde .,
~..
SEPTEMBER 25, 1990
NEW FRONTIER DEVELOPMENT AGREEMENT (NORTHWEST SHOPPING CENTER)
SynopSis of Previous Commission/Council/Committee Action:
06/02/86 Authorized RFQ/RFP for development of 8asellne and Medical
Center Drive. .
07/21/86 Approved Exclusive Right with Alexander Haagen.
continued on page 2
Recommended Motion:
o
Mayor to open the public hearing,
(MAYOR AND COMMON COUNCIL)
AND
(COMMUNITY DEVELOPMENT COMMISSION)
To continue .the joint public hearing until 11:00 a.m. on October IS, 1990.
Respectfully Submitted,
Ac Ing Executive Director
Project: Northwest
Ward:
6th
FUNDING REQUIREMENTS:
None
Budget Authority: N/A
Commission
Notes:
.
o
Agenda of: 10/01/90
Item No.
,"-
-:#9
o
o
o
o
o
SvnODsis of Previous Commission/Council/Committee Action:
01/12/87 Commission approved revised terms and conditions of Haagen Shopping
Center.
01/22/90 Rescinded the Exclusive Right with Alexander Haagen.
01/22/90 Authorized the execution of an Agreement to Negotiate Exclusively
with New FrontIer Commercial Property, Inc.
OS/21/90 90 days extension to the performance deadlines in the Right to
Negotiate Exclusively with New Frontier Commercial Property, Inc.,.
06/07/90 Redevelopment Committee approval of points.
06/18/90 Concept approval of deal pOints by Council and Commission, for a
development agreement with New Frontier, Inc.
RJT:EJ:kak:3237H
o
o
o
o
o
S T A F F R E P 0 R T
Agency staff and New FrontIer are stIll In the process of fInal negotIatIons
and wIll not have a sIgned DDA by the CommIssIon meetIng of October I, 1990,
as expected. All of the major deal poInts have been settled but there are
some changes that must be made.
Agency SpecIal Counsel and New FrontIer's legal counsel wIll be workIng on
these changes durIng the week of September 25, 1990.
He antIcIpate havIng a sIgned DDA by October 10, 1990.
RECOMMENDATION
It Is therefore recommended that the CouncIl approve the contInuance of the
JoInt PublIc HearIng to October 15, 1990.
RJT:EJ:kak:3237H