090704 Jt PH Adotpion Amend Merger SA Redvlp Proj Areas EXHIBIT 2

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MAYOR Miguel A. Pulido MAYOR PRO TEM Brett E. Franklin COUNCIL MEMBERS Claudia C. Alvarez Llsa Bist Alberta D. Christy Mike Garcia Jose Solorlo March 15, 2004 James D. Ruth County Executive Officer County of Orange 10 Civic Center Plaza Santa Ana CA 92701 CITY OF SANTA ANA 20 CIVIC CENTER PLAZA - P.O. BOX 1988 SANTA ANA, CALIFORNIA 92702 SUBJECT: Amendments to the Redevelopment Plans Merging the Central City, Inter- City Commuter Station, North Harbor, South Harbor, South Main, and Bristol Corridor Redevelopment Projects Dear Mr. Ruth: The Santa Ana Community Redevelopment Agency ( "Agency ") is in the process of merging ( "Merger" or "Amendments ") the financial provisions of the Redevelopment Plans for the Central City, Inter -City Commuter Station, North Harbor, South Harbor, South Main, and Bristol Corridor Redevelopment Projects ( "Project Areas" or "Projects" j, The proposed Merger does not change or add to the boundaries of the Project Areas or change any the financial or time limits of the Redevelopment Plans Tor the respective Projects. Each of the project areas will continue to meet its existing obligations. The merger will allow the Agency to combine the tax increment from the Project Areas and allocate the revenues among the Project Areas that will best facilitate the elimination of blighting conditions and increase and improve housing opportunities. On March 15, 2004, the Agency, by resolution, authorized Agency staff to transmit a copy of the proposed Amendments to all affected taxing entities as an information item for the purpose of facilitating consultations pursuant to Section 33328 of the Community Redevelopment Law (CRL). Enclosed are copies of the draft Amendments, which add a section to each of the Redevelopment Plans regarding merging the Project Areas. Furthermore, in accordance with CRL Section 33344.5, the Agency has also prepared and approved a Preliminary Report on the proposed Amendments, which is also enclosed. The Agency, over the next few months, will continue to transmit information to all _ affected taxing entities regarding the adoption of the proposed Amendments as required by the CRL. Page 176 of 190 s� ! CITY MANAGER ' David N. Ream CITY ATTORNEY Joseph W. Fletcher CLERK OF THE COUNCIL Patricia E. Healy SUBJECT: Amendments to the Redevelopment Plans Merging the Central City, Inter- City Commuter Station, North Harbor, South Harbor, South Main, and Bristol Corridor Redevelopment Projects Dear Mr. Ruth: The Santa Ana Community Redevelopment Agency ( "Agency ") is in the process of merging ( "Merger" or "Amendments ") the financial provisions of the Redevelopment Plans for the Central City, Inter -City Commuter Station, North Harbor, South Harbor, South Main, and Bristol Corridor Redevelopment Projects ( "Project Areas" or "Projects" j, The proposed Merger does not change or add to the boundaries of the Project Areas or change any the financial or time limits of the Redevelopment Plans Tor the respective Projects. Each of the project areas will continue to meet its existing obligations. The merger will allow the Agency to combine the tax increment from the Project Areas and allocate the revenues among the Project Areas that will best facilitate the elimination of blighting conditions and increase and improve housing opportunities. On March 15, 2004, the Agency, by resolution, authorized Agency staff to transmit a copy of the proposed Amendments to all affected taxing entities as an information item for the purpose of facilitating consultations pursuant to Section 33328 of the Community Redevelopment Law (CRL). Enclosed are copies of the draft Amendments, which add a section to each of the Redevelopment Plans regarding merging the Project Areas. Furthermore, in accordance with CRL Section 33344.5, the Agency has also prepared and approved a Preliminary Report on the proposed Amendments, which is also enclosed. The Agency, over the next few months, will continue to transmit information to all _ affected taxing entities regarding the adoption of the proposed Amendments as required by the CRL. Page 176 of 190 s�