BURBANK REDEVELOPMENT AGENCY

Tuesday, January 17, 2006

AGENDA

CITY COUNCIL CHAMBER - 275 EAST OLIVE AVENUE

This facility is disabled accessible.  Auxiliary aids and services are available for individuals with speech, vision or hearing impairments (48 hour notice is required).  Please contact the ADA Coordinator at (818) 238-5021 voice or (818) 238-5035 TDD with questions or concerns.

5:30 P.M. CLOSED SESSION IN CITY HALL BASEMENT LUNCH ROOM/ CONFERENCE ROOM.

a.      Conference with Real Property Negotiator:

Pursuant to Govt. Code �54956.8

Agency Negotiator:  Assistant Executive Director/Susan Georgino.

Properties:    3401 Olive Avenue and 111 North Lima Street.

Parties With Whom Agency is Negotiating:  PFP, LLC (also known as the Platt Companies).

Name of Contact Person:  Susan Georgino.

Terms Under Negotiation:  Sale of property.

b.      Conference with Real Property Negotiator:

Pursuant to Govt. Code �54956.8

Agency Negotiator:  Assistant Executive Director/Susan Georgino.

Properties:  313 and 427 West Valencia Avenue.  Northwesterly side of Valencia Avenue, between Victory Boulevard and Main Street.

Party With Whom Agency is Negotiating:  Burbank Housing Corporation, 1819 Grismer Avenue, Burbank, California  91504.

Name of Contact Person:  Doug Swoger.

Terms Under Negotiation:  Long term lease of residential property owned by the Redevelopment Agency to Burbank Housing Corporation for the purpose of providing affordable rental housing opportunities.

c.      Conference with Real Property Negotiator:

Pursuant to Govt. Code �54956.8

Agency Negotiator:  Assistant Executive Director/Susan Georgino.

Property:  250 East Olive Avenue.

Parties With Whom Agency is Negotiating:  Cusumano Real Estate Group.

Name of Contact Person:  Susan Georgino.

Terms Under Negotiation:  Lease of property.

When the Agency reconvenes in open session, the Agency may make any required disclosures regarding actions taken in Closed Session or adopt any appropriate resolutions concerning these matters.