Laserfiche WebLink
D?PS?`???N AND D???PMI??NT ARE?I???I1 <br />TOYS DYSP?SITI?N AND DE???P?N?` A.????NT this "Agree???e??t"? is <br />entered rota as of J??ne 7, 200, b? acid bet??een tl?e ??INIDN?T? EDI????P?N'? <br />AI??N? ?F TI3E ??'? ?? SANTA ANA, ? public l?od?, carparate and politic the <br />"Agency"? at?d SANTA ANA STATION DI?'RIT, LLB, a alifor??ia lirr?i#?? liability <br />co???pa??? ?the "D?el??]eI'"?. <br />R??ITALS <br />The following Recitals are ? sa?hstanti??e part of this Agree??e??t, <br />A. Tlxe Age?aoy i a ?alifo?;t?ia rede?Telopmer?t agency acting ??ndet• the alifot•??ia. <br />oir??r???i?it? Rede?elop?nent I?a??, ?'ax?t 1 of Division ?? of the Health Safet?? fade the <br />"?RL"?, Sectiali ???34,? e? seq. of the R? autllori?cs acid directs redevelopt?e??t agc?acies #a <br />expe??d a certain perce??tae of all taxes that are allocated to a rede?elopt?et?t ag???cy purs?r?at to <br />Se?tioi? 336?? fa?? the pu?'poses of inc??easi??, i???pi}ovin at?d preserving the C?lllil?llilit??'s s??ppl? <br />of l?ousii?g, availal?l? at affordable l?o??sing cost, to pc?•so??s at?d fair?ilies of madeiate incairie, <br />?ei•? lo?v incoirie, and extreiriel? lo?? income, Pursua??t #o Section 33?? of tine CRL, tl?e <br />Age??c?? has estahlisl?ed a Lo??r gild N?aderate Incor??e Housing Fund ?#l?c "?ousir?g F?#nd's?, <br />B, Tl?e Age??c? ?s autl?ori?ccl at?d etr?pa?vered cinder the RL to pio?ide fuildiilg for <br />the productio??, iiripi•ovet?lent, oa? prese?'?ratiot? ofaffordable pausing using tax inci•et?ei?t ie?en?les <br />from the Housi?7g Pui7d, ar?d pecificall?? for tl?e cot?sti?uctioi? of b?zildit?gs or sty'€?ct????es for <br />affordable l?aus?ng units far la?? Qi• iriadei•ate incon?e persons pug;scant to Sec#io?? 3?,??e}?5} <br />of tlae R?, <br />?, The Redc?elopxne??t Plan for the ?Ie??ed P??o ject the "Iered P??a ject"? was <br />approved b? Ordii?ai?ce has, 2?2-???7 adapted by tl?o pity o??ncll of the it?? of Sa??ta At?a <br />?tl?e "?it?"? o? Septeinl?ei• ?o, ???4 ?tl?e ?`Redc?relopt??ent Plat," tl?c geograpl?i? bat?nda?'? of tl?e <br />.c?•ged Project is tl?e "Project Area"}. <br />D, Do?elopcr is e?perie??c?d i?? tl? cat?stri?ction, developrrie??t, aperatioil and <br />trianageinei?t of high quality housing ?hicl? ?s affordable to persons a??d fa??nilies of ?er?? lo?? at?d <br />lo?v inca?ne in Solitherri ?alifainia, <br />?, ?t? fi??+thcrance of file objectives of the RL, the Aget?c? desires to facilitate the <br />??ede?eloP?nent of approxiiriatel? six ?} acres of real P??opei?tY lacatecl ?vithi?? tl?e pity, pai•tiall? <br />??ithii? tl?e ho??ildai•ies of the Project Area, ??hicll consists of ?ri??rripro?ed lots and i??p?•a?ed lots <br />with reside??tial uses ??rith certain parcels o?v??ed b?F third parties ?tlle "Additialial Properties"}, <br />ar?d certain parcels o??ried by the Ae?xcy ?`#Ar?cy Pa??ccls'}}, acid certai?? other parcels o???ned <br />lay thli•d parties tl?e "Segura Parcels"? ??rl?ich Agenc?? has a right to acquire p??i•s??ar?t to fi??l?r <br />cxec?ited pl?rcl?ae agrcernei?ts the "Segura Purchase Agreen?etlts"?, Tl?e Ageirc?? Parcels, <br />Addltiailal Parcels and egtri•a Parcels are sho??t? on tl?e Site dap at?d the Additional Parcels aid <br />Seg??ra Paieels are listed ate Attacl?t?ot?t o, ? -?, The Agency is attempti??g to acqui?•e the <br />egut+a Parcels at?d tl?e A.dditioi?al P?;o?erties. The Segura Parcels a?l?l the Additional P?•opertl?s <br />acquired b? tl?e Aget?c? prior to tl?e applicable lasii? shall be included as part of the Site iii <br />DDC5?C11 ???67?tiR 1 ?1???272-? 0? 1