HomeMy WebLinkAbout1980-09 HA
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.7/80
RESOLUTION NO. 80-9
A RESOLUTION OF THE HOUSING AUTHORITY OF
THE CITY OF SANTA ANA APPROVING AN AMENDMENT
TO A CONTRACT FOR SALE OF LAND FOR PRIVATE
DEVELOPMENT WITH SANTA ANA INTOWN APARTMENTS
WHEREAS, the Housing Authority of the City of
Santa Ana and the Community Redevelopment Agency of the City
of Santa Ana entered into a "Contract for Sale of Land for
Private Development" with Santa Ana Intown Apartments on May
2, 1977 for the development of land bounded by Ross Street
on the east, First Street on the south, Flower Street on the
West, and Third Street on the north ("subject site") for
multifamily residential use¡ and
WHEREAS, the parties now desire to amend said
contract in order to eliminate all restrictions based on the
income status of occupants of the dwelling units on the
subject site in order to promote the financing of the development
as condominiums¡
NOW, THEREFORE BE IT RESOLVED BY THE HOUSING
AUTHORITY OF THE CITY OF SANTA ANA that that certain "First
Amendment to Contract for Sale of Land for Private Development,"
a copy of which is on file in the office of the Executive
Director of the Community Redevelopment Agency,of the City
of Santa Ana under Form No. 4/21/80:.. , is hereby approved,
and the Chairman is authorized to execute the same.
ADOPTED this ~ day of:" \":',:0
by the following vote:
MEMBERS :BR.i~¡¿e t ,lu.~Lout11!.\'~'~ IIJ~ \~".Jo., 'k.re+
MEMBERS: 1Mp.~~L
MEMBERS: ¡Òb ¥
, 1980,
AYES:
NOES:
ABSENT:
ATTEST:
~aaA~.
D VID N. REAM
EXECUTIVE DIRECTOR/
RECORDING SECRETARY
CHAIRMAN
APPROVED AS TO FORM:
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EDWARD J C P
Housing Autho ty Legal
Counsel
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