OXNARD : City Favors Plan to Bring in 2 Stores
The Oxnard City Council approved a tentative agreement Tuesday to bring a Wal-Mart department store and a Sam’s Club membership discount store to a shopping center proposed for the city’s freeway corridor.
The two stores would be part of a 560,000-square-foot shopping center to be built by the Rothbart Development Corp. of Sherman Oaks that would occupy a 55-acre site at Rose Avenue and the Ventura Freeway.
For the record:
12:00 AM, Dec. 20, 1991 For the Record
Los Angeles Times Friday December 20, 1991 Ventura County Edition Metro Part B Page 4 Column 6 Zones Desk 2 inches; 43 words Type of Material: Correction
No council vote--The Oxnard City Council has postponed until Jan. 7 a vote on whether to allow construction of a Wal-Mart department store and a Sam’s Club store, City Clerk Mabi Plisky said Thursday. A story in The Times on Wednesday incorrectly reported that the council had taken action on the two stores.
City officials hailed the tentative agreement, which the council approved unanimously, as a major breakthrough for the city, predicting that the shopping center would become the largest source of income from sales tax in Oxnard.
City officials anticipate the shopping center will generate between $25 million and $35 million in sales tax revenue over the next decade. But residents who spoke out against the project during a public hearing predicted that the shopping center would create traffic and noise pollution, while having a negligible impact on the city’s tax base.
The City Council also gave preliminary approval on Tuesday to Rothbart’s Mediterranean-style design for the $60-million shopping center.