BURBANK REDEVELOPMENT AGENCY

Tuesday, April 27, 2004

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.

5:00 CLOSED SESSION IN CITY HALL BASEMENT LUNCH ROOM/CONFERENCE ROOM:

a.      Conference with Legal Counsel � Anticipated Litigation (Redevelopment Agency as possible plaintiff):

Pursuant to Govt. Code �54956.9(c)

Number of potential case(s):  1

b.      Conference with Real Property Negotiator:

Pursuant to Govt. Code �54956.8

Agency Negotiator:  Assistant Executive Director/Susan M. Georgino.

Properties:  700 South San Fernando Boulevard, 206 East Cedar and 704-722 South San Fernando Boulevard (former Lance Site).

Parties With Whom Agency is Negotiating: Greg and Linda Owens (206 East Cedar Avenue), the Olson Company (704-722 South San Fernando Boulevard).

Name of Contact Person:  Jennifer Mack, Redevelopment Project Manager.

Terms Under Negotiation:  Purchase of real property (Owens � price and terms of payment) and sale of real property (Olson � price and terms of payment).

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.