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<br /> <br /> <br /> 12/9/10 LES <br /> <br /> <br /> RESOLUTION NO. 2010- <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br /> SANTA ANA APPROVING THE SALE OF AGENCY OWNED <br /> PROPERTY LOCATED AT 602 N. GARFIELD AVENUE, 809- <br /> 811 BROWN STREET AND 902 BROWN STREET; <br /> AUTHORIZING THE CITY MANAGER TO EXECUTE <br /> DOCUMENTS AS NECESSARY; AND MAKING CERTAIN <br /> FINDINGS WITH RESPECT THERETO, ON BEHALF OF THE <br /> CITY <br /> <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA AS FOLLOWS: <br /> <br /> Section 1. The City Council of the City of Santa Ana hereby, finds, determines and declares <br /> as follows: <br /> <br /> A. Pursuant to Sections 33334.2(a) and 33334.6(c) of the California Community <br /> Redevelopment Law (California Health and Safety Code Section 33000 et seg.) not less <br /> than 20 percent of all taxes which are allocated to the Community Redevelopment Agency <br /> of the City of Santa Ana ("Agency") are set aside by the Agency in a Low- Moderate-Income <br /> Housing Fund and used by the Agency for the purpose of increasing, improving and <br /> preserving the community's supply of low and moderate housing available at affordable <br /> housing costs to persons and families of low- and moderate-income, including very-low- <br /> income persons. <br /> <br /> B. During the course of its regular activities, the Agency has purchased a number of <br /> properties for residential development in what is now known as the Station District, including <br /> the vacant properties located at 602 N. Garfield Avenue, 809-811 Brown Street, and 902 <br /> Brown Street (the "Properties"). The Properties are situated adjacent to Garfield <br /> Elementary School. <br /> <br /> <br /> C. During community outreach efforts, it was determined that the Properties were better <br /> suited for open space/public uses to serve the neighborhood, with the final design yet to be <br /> determined (the "Project"). <br /> <br /> D. California Community Redevelopment law (Health and Safety Code section 33433) <br /> requires that before any Agency owned property, acquired in whole or in part with tax <br /> increment moneys, is sold for development, the sale must first be approved by the legislative <br /> body by resolution after a public hearing. <br /> <br /> E. The Agency proposes to sell the Property to the City of Santa Ana at the current <br /> appraised fair market value, pursuant to the terms and provisions of Purchase/Sale <br /> Agreement(s) (hereinafter referred to as the "Agreements"). The City will be utilizing <br /> Community Development Block Grant (CDBG) funds to purchase the Properties. <br /> F. Grant funds under the CDBG program must be used for eligible activities, per Title 24 <br /> CFR 570.201, in which the end use meets a U.S. Department of Housing and Urban <br /> <br /> <br /> 8OA-7 <br />