Loading...
HomeMy WebLinkAbout75-023RESOLUTION NO. 75-23 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA APPROVING THE EXPENDI- TURE OF MONEY FROM THE CITY COUNCIL-REDEV- ELOPMENT AGENCY REVOLVING FUND 109-134 FOR THE ACQUISITION OF REAL PROPERTY IN THE CITY OF SANTA ANA REDEVELOPMENT PROJECT AREA BY THE COMMUNITY REDEVELOPMENT AGENCY FOR THE PURPOSE OF ASSEMBLING A SITE FOR SENIOR CITIZENS HOUSING WHEREAS, Health and Safety Code Section 33622 of the Community Redevelopment Law provides that by resolution of the City Council adopted by a majority vote, any money in the Redevelopment Agency revolving fund may be expended from time to time for the acquisition of real property in the Project Area; and WHEREAS, the City Council of the City of Santa Ana is desirous of expending funds from the City Council-Redevelop- ment Agency revolving fund, 109-134-611 Land, for the purpose of allowing the Community Redevelopment Agency to acquire and assemble properties for the Senior Citizens Housing Site; and WHEREAS, the Community Redevelopment Agency is desirous of acquiring the real property hereafter described for the purposes of acquiring a site for Senior Citizens Housing, which real property is hereafter described and which is situated within the City of Santa Ana Community Redevelopment Project Area, and has been appraised for the Community Redevelopment Agency of the City of Santa Ana by John Donahue, a qualified real estate appraiser; and WHEREAS, the total purchase price of said properties and other disbursements provided for hereinafter does not exceed the amount of such appraisal; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA ANA HEREBY RESOLVES AS FOLLOWS: 1. That the Finance Director of the City of Santa Ana, as authorized by the City Manager, is hereby authorized to dis- burse funds from the City Council-Redevelopment Agency revolving fund 109-134, Activity 611-Land, for the acquisition of the following described parcels of real property for the following described amounts as appraised by John Donahue, a qualified real estate appraiser, for the purpose of assembling a site for Senior Citizens Housing: ASSESSOR'S PARCEL NO. 008-161-01 008-161-02 ADDRESS 430 W. Second Street Santa Ana, California 426 W. Second Street Santa Ana, California APPRAISED VALUE $25,000.00 24,500.00 RESOLUTION NO. 75-23 PAGE TWO ASSESSOR'S PARCEL NO. ADDRESS APPRAISED VALUE 008-161-03 424 W. Second Street Santa Ana, California $33,000.00 008-161-04 418 W. Second Street Santa Ana, California 36,000.00 008-161-05 412 W. Second Street Santa Aha, California 38,000.00 008-161-06 410 W. Second Street Santa Ana, California 34,000.00 008-161-16 408 W. Second Street Santa Ana, California 23,500.00 008-161-15 404 W. Second Street 25,500.00 The underlying fee interests in that portion of Second Street and the alley adjacent to the abovedescribed parcels, which portion of Second Street and said alley are legally described in Exhibit "A" which is attached hereto and by this reference incorporated herein 5,000.00 Demolition and Relocation expense pertaining to abovedescribed properties 80,500.00 TOTAL $325,000.00 BE IT FURTHER RESOLVED that the expenditure of said monies on behalf of the Community Redevelopment Agency of the City of Santa Ana is hereby declared to be a loan from the City of Santa Ana to the Community Redevelopment Agency, pur- suant to the terms of that certain agreement dated March 12, 1973, between the Community Redevelopment Agency of the City of Santa Ana and the City of Santa Ana specifying that said loan shall be repaid by the Agency to the City Council-Redevelop- ment Agency Revolving Fund at such time as the Agency may be able to repay with interest at seven percent per annum. PASSED AND ADOPTED Santa Ana at its regular 18th day of February ATTEST: by the City Council of the City meeting held on the , 1975. MAYOR of CLERK OF THE COUNCIL RESOLUTION NO. 75-23 PAGE THREE STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss.: CITY OF SANTA ANA ) I, FLORENCE I. MALONE, do hereby certify that I am the Clerk of the Council of the City of Santa Ana; that the fore- going Resolution was introduced to said Council at its regular meeting held on the 18th day of February , 1975, and was at said meeting passed and adopted by the following vote, to wit: AYES: COUNCILMEN: Griset, Ward NOES: COUNCILMEN: Markel Garthe, Yamamoto, Evans, ABSENT: COUNCILMEN: Bricken CLERK OF THE COUNCIL APeD AS TO FOJ~M. ~ . ITHERS, CITY ATTORNEY CJL/ms 2-11-75 EXHIBIT "A" That portion of the Park Tra.ct Addition to Santa Ana as per map recorded in Book 1, page 30 of Record of Surveys, Records of Orange CountY, State of California, described as follows: That alley bounded by %he following described line: Beginning of the Southwest corner of Lot 14 of sa~d Park Tract, said Southwest corner being a point along'the North line. of said alley; thence Easterly 416.7 feet along said North line to the Southeast corner of Lot 28 of said Park Tract; thence Southerly l0 feet along the Southerly prolonga- tion of the East line of said Lot 28 to the Northeast corner of Lot 29 of said Park Tract, said Northeast corner being a point along the South line of said alley; thence Westerly 416.5 feet along said South line to the Northwest Corner of Lot 15 of said Park Tract; thence Northerly l0 feet along the Northerly prolongation of the West line of said Lot to the point of beginning. That portion of the Park Tract Addition to Sa.nra Aha as per map recorded in Book l, page*30 of Record'of Surveys, Records of Orange County, State of Californta~ described as follows: Beginning at'the Southwest corner of Lot 13 of said Park Tract; thence Easterly along the South line llg.7 feet to the Southeast corner of said Lot 13; thence Easterly 50 feet along the Easterly prolongation of said South , line of Lot 13 to the Southwest corner of that land described as "Birch Park" in said Park Tract; thence Easterly along the South line 250 feet to the Southeast corner of said "Birch Park"; thence Southerly along the Southerly prolongation of the East line of said Birch Park 60 feet to the Northeast corner of Lot 28 of said Park Tract, said northeast corner being a point along the South line of said Second Street; thence Westerly 418.7 feet along said South line to the Northwest corner of Lot 14 of said Park Tract; thence Northerly 60 feet along the Northerly prolongation of the West line of said Lot 14, to the point of beginning.