HomeMy WebLinkAbout1988-06 CRA
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RESOLUTION NO. 88-06
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA APPROVING
AN AGREEMENT BETWEEN THE AGENCY AND HISTORIC
FRENCH PARK ASSOCIATION, INC.
WHEREAS, the Community Redevelopment Agency of the City
of Santa Ana proposes to sell certain real property pursuant to
the terms and provision of that certain "Disposition and
Development Agreement" between the Agency and Historic French
Park Association, Inc., which is on file in the office of the
Executive Director of the Agency, in which said real prop~rty
(hereinafter referred to as the "Site") is described; and
WHEREAS, Historic French Park Association, Inc. has
submitted to the Agency a written offer in the form of said
Agreement to purchase the site; and
WHEREAS, the Agency has prepared, reviewed and
considered a Summary Report setting forth the cost of the
Agreement to the Agency, the estimated value of the interests to
be conveyed, and the purchase price, and made said Summary
Report available for public inspection in accordance with the
California Community Redevelopment Law; and
WHEREAS, pursuant to the provisions of the California
Redevelopment Law, the Agency and the City Council have held a
duly noticed joint public hearing on the proposed sale of the
site and the proposed agreement;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS:
1. The Agency has considered all the terms and conditions
of the proposed sale and hereby finds and determines that the
redevelopment of the Property pursuant to the said Agreement is
in the best interest of the City and the health, safety and
welfare of its residents, and is in accord with the public
purposes and provisions of the applicable state and local laws.
2. The said Agreement is hereby approved, and the Chairman
of the Agency is hereby authorized to execute the said Agreement
and the Grant Deed pertaining thereto.
3. The Executive Director is hereby authorized to take all
steps, and to sign all documents and instruments necessary to
implement and carry out the said Agreement on behalf of the
Agency.
4. The approval of the said Agreement by the Agency, as
hereinabove set forth, is conditional upon the approval of the
sale of the site upon the terms and conditions contained therein
by the City Council of the City of Santa Ana.
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RESOLUTION NO. 88-06
PAGE TWO
ADOPTED this
following vote:
AYES:
NOES:
ABSENT:
ATTEST:
~.~
CYNT J. NELS~
EXECUTIVE DIRECTOR/
COMMUNITY DEVELOPMENT AGENCY
APPROVED AS TO FORM:
E!!ll~r
Agency Legal Counsel
15TH
day of
MARCH
, 1988 by the
MEMBERS:
MEMBERS: ACOSTA, GRISET, HART, HAY, HcGUIGAN,
PULIDO, YOUNG
MEMBERS: