COSTCO EXPANSION SOUGHT.Byline: Jim Skeen Staff Writer LANCASTER- Lancaster is planning condemnation Condemnation bell, book, and candle symbols of Catholic excommunication rite. [Christianity: Brewer Note-Book, 85] Bridge of Sighs passage from Doge’s court to execution chamber in Renaissance Venice. [Ital. Hist. proceedings on property in the Valley Central Shopping Center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into for the expansion of Costco, a major sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. generator. Lancaster is negotiating with the mall's owner, BPP/Valley Central to acquire two parcels which include the 99 Cents Only Store, the former Hudson's Grill restaurant and the former Payless shoe store building. The city is planning to start the condemnation proceedings, but will continue to negotiate with the owners. ``If we negotiate and fail to reach an agreement, we will not have wasted any time,'' said Stafford Parker, Lancaster's redevelopment director. The City Council is scheduled to vote on starting the condemnation proceedings during a meeting at 7 p.m. tonight in council chambers. The Costco store anchors Lancaster's most important retail center, which also houses electronics giant Circuit City, Wal-Mart and home improvement store HomeBase. The center was built between 1989 and 1991, and covers 610,396 square feet. Costco generates about $350,000 annually in sales tax revenue. The city expects the land acquisition to cost $3.8 million. Without the additional property, Costco would likely leave the shopping center, Parker wrote in a staff report to the City Council. ``The loss of revenue, combined with the real threat of losing a major retail anchor within the Valley Central Shopping Center could have potentially devastating dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. effects on the economic viability of the overall retail center,'' Parker wrote. The owners of the 99 Cents Only Store, a chain that also has a store in Palmdale, do not want to relocate re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. . The company intends to fight the relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. . |
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