City Council will vote on selling a city lot to CFT Commonwealth, a development company that wants the vacant space for restaurant and retail business. If the sale goes through, a new commercial center would be built on the south side of Date and Commonwealth avenues, across 2.5 acres of land that includes adjacent property already owned by CFT.
The lot must be disposed of according to Redevelopment dissolution law. The property belonged to Alhambra’s Redevelopment Agency (RDA) but ownership was transferred to the City after RDAs across California were dissolved in 2012.
City Council will vote on whether to recommend the sale to the Successor Agency Oversight Board, a municipal board that is responsible for the wind-down of the RDA.
City Council will also reorganize and name a new mayor as they do every nine months. Vice-Mayor Luis Ayala will succeed Gary Yamauchi as mayor and Councilwoman Barbara Messina will become vice-mayor.
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