The City Council will be having a special meeting on Monday to review three proposals from developers who are interested in developing the old La Puente Lanes bowling alley site.
The city has been in talks with the Charles Co. for that site for a while now. But as you might remember, when the Charles Co.’s exclusive negotiating agreement with the city expired in April, the council didn’t renew it.
Instead, a few weeks later, they initiated a 45-day stay on the project to evaluate letters of interest from developers who were previously interested in the site.
Mayor Louie Lujan tells me the city has received three proposals, which they are going to evaluate on Monday.
The meeting is scheduled for 6:30 p.m. in council chambers. It’ll be in closed session.
****Also, as a side note, Lujan said it will like take about 60 days or so for the city to close escrow on that $300,000 parcel of land they’re buying back from the Charles Co. as a result of the expired ENA. I wonder if that’s going to put a dent in the city’s balanced budget?