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DECLARATIONS OF COVENANTS, <br />CONDITIONS AND RESTRICTIONS <br />SANTA ANA AUTO MALL <br />THIS DECLARATION is made by THE SANTA ANA REDEVELOPMENT <br />AGENCY (the "Agency "). <br />Recitals <br />A. The Agency, a public body, corporate and politic, <br />duly created, established and authorized to transact <br />business and exercise its powers under and pursuant to the <br />California Community Redevelopment Law (Health & Safety Code <br />Section 3300 et seq.), is the owner of all that certain real <br />property (the "Auto Mall Site ") located in the County of <br />Orange, State of California, more particularly described in <br />Exhibit A attached hereto and incorporated herein. <br />B. The Agency desires and intends to sell or lease <br />portions of the Auto Mall Site for development by various <br />automobile dealers as an automobile sales center (the "Auto <br />Mall ") in order to implement and carry out the Redevelopment <br />Plan (the "Redevelopment Plan ") for the South Main Street <br />Redevelopment Project (the "Project "), adopted by the City <br />Council of the City of Santa Ana by Ordinance No. N6 -1639 on <br />July 6, 1982. <br />8 1171 <br />