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220 regular meeting, march 8, 1976 page three Mr. Sutton moved to recess to executive session to discuss the disposition of the Urban Renewal land inventory. Mr. Hansen seconded the motion, which passed unanimously. I At 10:30 p.m. the Council reconvened in regular session on motion of Mr. Hansen and second of Mr. Sutton. Mayor Craddock reported that the following agreements had been reached by the Council. All land in the inventory is to be sold with the exception of parcels 8-1 and ll-lA which are to be changed to public use, a process initiated earlier by the Council to protect the greenbelt along the River and possibly parcels 10-2 and lO-2A which may be reserved if Edward Gary Street is extended. The land is to be sold at'nothing less than the appraised value except for parcel 5-1 for which bids have already been received. All other commercial tracts will be reevaluated as necessary and no appraisal older than eighteen months will be used. No land use designations are to be changed except for the change on parcels 8-1 and ll-lA previously initiated. All contingent liability is to be liquidated out of Community Development funds for Action Year Two. The same process for advertising the disposition of the land in the past will continue to be used; however, a 60-day moratorium is declared on the selling of all commercial property except parcel 5-1 for which bids have been received. After that 60-day period the staff may begin the advertisement process for disposition of the property without further action by the Council. Mr. Sutton moved to confirm, the statements reported By Mayor Craddock. Mr. Hansen seconded the motion, which passed unanimously. Urban Renewal Commissioner Celestino Mendez protested the initiation of a land use change for parcels 8-1 and ll-lA By the Council, stating that such an action should have been the responsibility of the Urban Renewal Board. The City Attorney advised that the Council could initiate land use designation changes, subject to concurrence by the Department of Housing and Urban Development. The meeting adjourned at 10:40 p.m. on motion of Mr. Hansen and second of Mr. Arredondo. (t~ (J--eUnlL- Emmie Craddock Mayor ~~ ~~ Frank T. Arredondo Councilman Ted Breihan Councilman ffi(,~#~ )Luciano H. Flores Councilman tl~ 'o1m Hansen tOO~~ Ke~>i~~ZV Councilman ~AT. T"E,S,T: 'I - /" ~ Doriss Hambrick City Secretary I