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RESOLUTION NO. 79-183 <br />PAGE TWO <br /> <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF SANTA ANA, AS FOLLOWS: <br /> <br /> 1. The City Council hereby finds and determines that <br />the consideration for the sale of the Site pursuant to the Par- <br />ticipation Agreement between the Agency and Warren K. Van Ingen <br />and Pete Van Ruiten and Mary Van Ruiten is not less than the fair <br />market value of the Site in accordance with the covenants and <br />conditions governing the sale. <br /> <br /> 2. The sale of the Site by the Agency to Warren K. <br />Van Ingen and Pete Van Ruiten and Mary Van Ruiten and the Par- <br />ticipation Agreement which establishes the terms and conditions <br />for the sale and development of the Site, are hereby approved. <br /> <br /> ADOPTED this 15th day of October , 1979, by <br />the following vote: <br /> <br />AYES: COUNCILMEN: <br />NOES: COUNCILMEN: <br /> <br />Bricken, Griset, Luxembourger, Serrato, <br /> Ward, Yamamoto <br />Markel <br /> <br />ABSENT: COUNCILMEN: None <br /> <br />ATTEST: <br /> <br />APPROVED AS TO FORM: <br /> <br />KEITH L. GOW <br />CITY ATTORNEY <br /> <br />MAYOR <br /> <br /> <br />