By Matt Artz
Friday, March 4th, 2011 at 5:03 pm in Uncategorized.
Assuming redevelopment is ended, another twist for Fremont– and other cities – is that the state would likely sell off the properties owned by redevelopment agencies.
That includes the 6.6-acre lot along Fremont Boulevard in front of Dale Hardware in Centerville.
If the city had ever signed a development agreement with Blake Hunt or any of the other prior suitors, the state wouldn’t be able touch the property, city officials said.
But the agreement was never reached — and the city is still working to get rid of recently found contamination — so the state might end up liquidating the property.