Signal Hill

The Redevelopment Agency voted unanimously Tuesday night to extend its period of exclusive negotiations with a consortium of Long Beach automobile dealers who want to move to a proposed 45-acre auto mall in Signal Hill.

The agency agreed in September to spend six months finding suitable property for the auto plaza and studying the feasibility of allowing the businesses to move to Signal Hill. Because the city has not finished its study of the proposed plaza's effects, the agency voted to extend the negotiating period six months. If the plaza is approved, it could bring the city more than $1 million in sales tax revenues annually.

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