Planning experts urge private goals to guide cities in California
At the California Real Estate Association convention in San Francisco, Richard A. Heese of Irvine Company and William R. Rugg of the San Leandro Redevelopment Agency argue government should set objectives and let private firms build a desirable urban environment. They cite Irvine’s environmental corridors, mixed use centers, and a 430,000 population projection by 1990, plus San Leandro’s downtown rehabilitation funded with local dollars and tax increment financing yielding rising sales and parking-led revitalization.
MENTIONED IN THIS ARTICLE
San Francisco
California Real Estate Association
Richard A. Heese
Irvine Company
Willian R. Rugg
Sah Leander
Reese
Irvine
United States
Newport Center
Seal Beach
San Clemente
Orange County International Raceway
University of California At Irvine
San Leandro
William Rugg
Rugg
Mortgage terms for new owner spark lender debate
A homeowner asks if a private mortgage can be carried over to a buyer without a new note. The answer hinges on the mortgage language about assumption and if prohibitions exist. Lenders argue for higher returns with new mortgagors, but if no clause blocks it, the buyer can assume the loan.
MENTIONED IN THIS ARTICLE
MR. Campbell
Trailer coach park to open in Union City
A new concept in mobile homes opens at The Tropics Mobile Home community on Baker Road Union City. Sade Development completes a 312 space park with level entry units dep creased porches and raised green belt walkways. Facilities include a air conditioned club house hobby ceramics library fireside room therapeutic pool shuffleboard courts putting green and barbecue area. Each mobile will have two car concrete parking plus guest spaces.
MENTIONED IN THIS ARTICLE
Union City
Tropics
Baker Road
Sade Development
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