HomeMy WebLinkAbout1976-08 CRA
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3-17-76
RESOLUTION NO. 76-8
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA APPROVING
THE CONTRACT FOR SALE OF LAND FOR PRIVATE
REDEVELOPMENT AND FOR OWNER PARTICIPATION
BY AND BETWEEN THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA AND 2ND
STREET REVIVAL, A CALIFORNIA GENERAL PARTNER-
SHIP AND NATHAN SINGER, TRUSTEE FOR THE NATHAN
SINGER TRUST ESTABLISHED U/D/T DATED APRIL 10,
1973 AND NATHAN SINGER AND IDA SINGER, HUSBAND
AND WIFE, AND APPROVING THE TITLE INSURANCE
AND TRUST COMPANY ESCROW LETTER AGREEMENT
BETWEEN THE COMMUNITY REDEVELOPMENT AGENCY
AND 2ND STREET REVIVAL.
BE IT RESOLVED, that the contract for sale of land for
private redevelopment and for owner participation by and between
the Community Redevelopment Agency of the City of Santa Ana and
2nd Street Revival, a California general partnership, and Nathan
Singer, Trustee for the Nathan Singer Trust established U/D/T
dated April 10,1973 and Nathan Singer and Ida Singer, husband
and wife, which agreement is attached hereto as Exhibit "A" is
hereby approved on the condition said agreement is fully executed
by all the parties thereto, except the Community Redevelopment
Agency of the City of Santa Ana, and the Chairman and Executive
Director/Recording Secretary are thereafter authorized to execute
the same.
BE IT FURTHER RESOLVED, that the Title Insurance and Trust
Company Escrow Letter Agreement, by and between the Community
Redevelopment Agency of the City of Santa Ana and 2nd Street
Revival, a California general partnership, attached hereto as
Exhibit "B", is hereby approved on the condition that said letter
agreement is fully executed by 2nd Street Revival, and the Chair-
man and Executive Director/Recording Secretary are thereafter
authorized to execute the same.
PASSED AND ADOPTED by the Community Redevelopment Agency
of the City of Santa Ana at its Special meeting held
on the 23rd day of March , 1976.
APPROVED AS TO LEGAL FORM:
I hereby certify that the foregoing Resolution was duly
adopted by the Community Redevelopment Agency of the City of
Santa Ana, California, at its Special meeting held on the
23rd day of March, 1976, by the following vote, to wit:
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ATTEST:
AYES,
NOES,
ABSENT,
Members: Garthe, Ward, Bricken, Ortiz
Members: Evans, Yamamoto, Brandt
Members:
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DIRECTOR AND RECORDING SECRETARY
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