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HomeMy WebLinkAboutFW_ Oversight Board to the Successor Agency' of the City of Industry former Redevelopment Agency - Approval of Sale of Property.msgDan, attached is the letter we have sent to the State regarding Industry purchase. Thanks, Rad From: Mark Hensley [mailto:mhensley@hensleylawgroup.com] Sent: Saturday, August 26, 2017 12:46 PM To: redevelopmentadministration@dof.ca.gov; redevelopment.adminstration@dof.ca.gov; Chikako.Takagi-Galamba@dof.ca.gov Cc: Elizabeth Calciano; Rad Bartlam Subject: RE: Oversight Board to the Successor Agency' of the City of Industry former Redevelopment Agency - Approval of Sale of Property Importance: High Redevelopment Administration and Ms. Takagi-Galamba, Attached is an urgent letter that needs your immediate attention. Last Thursday the Oversight Board approved the sale of a piece of property at a price that was approximately $60 million below its appraised value. The City of Chino hills as one of the taxing agencies is requesting that the Department of Finance exercise its right to call this matter up for a 60 day review period so that this matter can be properly resolved. I would appreciate it if you would confirm receipt of this email. Please contact me should you have any questions. Sincerely, Mark Hensley City Attorney, City of Chino Hills ________________________________