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<br />B. LONES TAR SITE (PART OF THE FRANKLIN STREET REDEVELOPMENT PROJECT <br />AREA) - APPROVAL TO NEGOTIATE WITH IRVINE APARTMENT COMMUNITIES (lAC) <br /> <br />The Lonestar property is a 4.5 acre site located at the NE corner of El Camino Real and <br />Maple Street and part of the Franklin Street Redevelopment Project Area. <br /> <br />MOTION: DIRECT STAFF TO ENTER INTO NEGOTIATIONS WITH IRVINE APART- <br />MENT COMMUNITIES (lAC) <br /> <br />4 <br /> <br />CLOSED SESSION <br /> <br />None scheduled. <br /> <br />5. ADJOURNMENT <br /> <br />SPEAKERS, ATTENTION: Speaker's cards are on the rostrum. If you wish to speak, please <br />complete the card and give it to Art Balsamo, Council Volunteer. The Chairman will recognize <br />you at the appropriate time when your item is under consideration by the Agency Board. If <br />your item is not on the agenda, the Chairman will recognize you during the Public Comment <br />portion of the Redevelopment Agency Board meeting. <br /> <br />MARCH 10, 1997 <br />PAGE 2 <br /> <br />REGULAR REDEVELOPMENT AGENCY MEETING <br />AGENDA <br />