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2. Adopt a resolution making certain findings with respect to the consideration to be received by the Successor Agency pursuant to a Purchase and Sale Agreement between the Successor Agency and the City for the sale of the Southwest Corner of Main Street and Third Street (APN 398-601-02), and authorize the Executive Director to execute all required documents as necessary. RESOLUTION NO. 2024-003 entitled A RESOLUTION OF THE SUCCESSOR AGENCY TO THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA APPROVING THE PURCHASE AND SALE AGREEMENT FOR THE DISPOSITION OF PROPERTY TO THE CITY OF SANTA ANA LOCATED AT 3RD STREET AND MAIN STREET PARKING LOT 3. Authorize the Executive Director to execute the Purchase and Sale Agreement and all required documents for the acquisition of real property located at the Southwest Corner of Main Street and Third Street (APN 398-601-02) in the amount of $190,000 plus closing costs (Agreement No. A-2024-147). MINUTES: Assistant City Manager Steven Mendoza gave a brief report regarding the Purchase and Sale Agreement for Acquisition of Real Property at the Southwest Corner of Main Street and Third Street. MayorAmezcua opened the Public Hearing at 7:43 P.M. City Clerk Jennifer L. Hall stated there were no email comments received. The following speakers addressed the City Council in -person: 1. Jackie Cordova spoke regarding value of land and increased rents. There being no additional speakers, Mayor Amezcua closed the Public Hearing at 7:46 P.M. MOTION: Councilmember Hernandez moved to approve the recommended City Council action for Item No. 24, seconded by Councilmember Penaloza. The motion carried, 7-0, by the following roll call vote: AYES: COUNCILMEMBER BACERRA, COUNCILMEMBER HERNANDEZ, COUNCILMEMBER LOPEZ, COUNCILMEMBER PENALOZA, COUNCILMEMBER VAZQUEZ, MAYOR PRO TEM PHAN, MAYOR AMEZCUA NOES: NONE ABSTAIN: NONE ABSENT: NONE Status: 7-0 -- Pass CITY COUNCIL 31 SEPTEMBER 17, 2024 SEPTEMBER 23, 2024