Graydon
Graydon v. Pasadena Redevelopment Agency
Opinion
Opinion
McCLOSKY, J.
This is an appeal from a judgment and order denying a writ of mandate and awarding costs of suit to respondent, Ernest W. Hahn, Inc. (hereafter Hahn).
Respondent the Pasadena Redevelopment Agency (hereafter sometimes Agency and sometimes PRA), following many studies, plans and negotiations, entered into an agreement in 1975 with a developer (H-CHH Associates, a partnership comprised of respondent Hahn and Carter Hale Hawley Stores, Inc.) for the development in Pasadena’s blighted central business district of a major retail shopping center.
To finance the public cost of the retail shopping center development for acquisition of land, demolition of buildings, relocation of residents and businesses, and construction of required parking facilities comprised of a subterranean garage beneath the shopping center and two above ground parking structures, the Agency sold tax allocation bonds in the principal amount of approximately $58 million.
On November 2, 1977, at a public meeting at which appellant was present, Agency’s governing body awarded and authorized execution of a negotiated contract for construction of the subterranean garage for the project to Hahn for a maximum…