HomeMy WebLinkAbout1975-02-04; City Council; 3258-1; Plaza Camino Real Expansion Negotiations4 0. i
T'H E CITi OF CARLSBA I
Referred To:
February 4, 1975 - Date:
Subject:
~-
Submi tted By :
NEGOTIATIONS FOR PLAZA CAMINO REAL EXPANSION City Manager
Statement of the Natter
The City Council at an earlier meeting, instructed the staff to
carry on negotiations with representatives of the May Company
for extension of Marron Road. Guidelines given to staff for
those negotiations were that the City would participate to
some undefined amount in Marron Road extension but would not
participate in the construction of the parking lot.
Exhibit
Staff Recommendations to the City Manager
See City Manager recommendation
*- AB NO. Date: FP.V 4. 1975
City Manager's Recornnendation
Discussions have been held with Mr. Getz of the May Company.
He has indicated firmly that Sears would not participate in
any expansion of-the Plaza without City participation in both Marron Road extension and the parking lot to the degree that
was basically proposed by his firm originally.
The staff therefore considers these negotiations at a conclusion,
unless given further direction by the City Council.
Two separate City applications have been submitted to the
Economic Development Administration to accomplish this same work but it is anticipated that it will be ,several months before the City has any indication of the Administration's willingness to fund this project. These applications, however, will not interfere with additional negotiations if the Council wishes to change its response to the original May Company pro-
posal.
Council 'Action
2-4-75
2-18-75 By consent of the Council the matter was ordered filed.
The matter was continued to the meeting of February 18, 1975.
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