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Community Development Agency <br />santa-ana.org/cd <br />Item # 9 <br />or City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br />Staff Report <br />June 7, 2022 <br />TOPIC: First Amendment to THRIVE DDA and Consent to Assignment of Leases and <br />Rents Authorization <br />AGENDA TITLE: <br />Approve First Amendment to the Disposition and Development Agreement with THRIVE <br />Santa Ana, Inc. for the Development of a Microfarm at 1901 W Walnut Avenue and <br />Authorize the City Manager to execute a Consent to Assignment of Leases and Rents <br />Agreement <br />RECOMMENDED ACTION <br />1. Authorize the City Manager to execute First Amendment to Disposition and <br />Development Agreement (agreement no. A-2020-044) with THRIVE, Santa Ana, Inc. <br />to extend the term for one year, allow right of entry for soil remediation, update the <br />schedule of performance, and amend the ground lease, subject to non -substantive <br />changes approved by the City Manager and City Attorney. <br />2. Authorize the City Manager to execute a Consent to Assignment of Leases and Rents <br />Agreement with THRIVE, Santa Ana, Inc., subject to non -substantive changes <br />approved by the City Manager and City Attorney. <br />DISCUSSION <br />On March 3, 2020 the City Council approved Disposition and Development Agreement <br />(DDA) with THRIVE Santa Ana, Inc. (THRIVE) for the development of a microfarm at <br />1901 West Walnut Street, APN# 007-332-08, a 0.38-acre City -owned property. <br />The DDA was designed to achieve the development of the site in a coordinated and <br />comprehensive manner. The terms of the DDA stipulate that THRIVE, as the developer, <br />must obtain entitlements, construction financing, permanent financing, evidence of equity, <br />and obtain building permits, prior the City executing a Ground Lease attached to the DDA. <br />Once the terms of the DDA are met, the City Manager is authorized to execute the Ground <br />Lease for a negotiated 99-year term, at a lease rate of $1 per month. <br />The DDA allowed for a one-year administrative extension, which was requested by <br />THRIVE and approved by the City. This extends the DDA through June 18, 2022. THRIVE <br />City Council 9-1 6/7/2022 <br />