HomeMy WebLinkAboutAGENDA REPORT 2008 0507 CC REG ITEM 08A CITY of MOORPARK,f!A1 IFS'RNIA
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MOORPARK CITY COUNCIL °� `' �-°�do8
AGENDA REPORT ACTION:
TO: Honorable City Council �BtY�' yy, •� -�
From: David C. Moe II, Redevelopment Manager G w
Date: April 24, 2008 (CC Meeting of 5/7/08)
Subject: Consider Resolution for Sale of Property Owned by the
Redevelopment Agency of the City of Moorpark, located at 782
Moorpark Avenue, 798 Moorpark Avenue and 765 Walnut Street, to
The Olson Company, Inc.
BACKGROUND AND DISCUSSION
Staff has been negotiating a Disposition and Development Agreement with The Olson
Company, Inc. for the construction of 26 residential condo units on Agency owned
property. A public hearing for this item has been advertised, however, staff is not
prepared at this time to recommend approval of the sale. A recommendation is
expected to be ready on June 4, 2008.
STAFF RECOMMENDATION
1) Open public hearing and take public testimony; and
2) Continue the agenda item with the hearing open to the regular City Council
meeting of June 4, 2008.
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