HomeMy WebLinkAbout1980-060 CRA
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6/4/80
RESOLUTION NO. 80-60
A RESOLUTION OF THE REDEVELOPMENT
COMMISSION OF THE CITY OF SANTA ANA
APPROVING COMMERCIAL REHABILITATION
LOAN COMMITMENTS TO STEVEN J. KEISER
AND PAULA B. KEISER AND TO
HARRY GREENBERG AND EVELYN GREENBERG
WHEREAS, by Resolution No. 79-61 of the Community
Redevelopment Agency of the City of Santa Ana, the
Redevelopment Commission of the City of Santa Ana was
directed and authorized to supervise the Agency staff in the
implementation of the Major Commercial Rehabilitation Loan
Program; and
WHEREAS, by Resolution No. 80-12 of the said
Agency, the Executive Director of the Agency is authorized
to sign all documents necessary to implement the Commercial
Rehabilitation participation Agreement between the Agency
and Steven J. Keiser and Paula B. Keiser; and
WHEREAS, by Resolution No. 80-26 of the said
Agency, the Executive Director of the Agency is authorized
to sign all documents necessary to implement the Commercial
Rehabilitation Participation Agreement between the Agency
and Harry Greenberg and Evelyn Greenberg; and
WHEREAS, a commitment by the Agency to make a
permanent loan for the financing of commercial
rehabilitation is a necessary document in the implementation
of each of the abovesaid Commercial Rehabilitation
Participation Agreements;
NOW THEREFORE, BE IT RESOLVED BY THE COMMUNITY
REDEVELOPMENT COMMISSION OF THE CITY OF SANTA ANA AS
FOLL<MS:
1. A loan commitment to Steven J. Keiser and
Paula B. Keiser in the form set forth in Exhibit A, attached
hereto and incorporated herein by reference, is hereby
approved, and the Executive Director is authorized to
execute the same.
2. A loan commitment to Harry Greenberg and
Evelyn Greenberg in the form set forth in Exhibit B,
attached hereto and incorporated herein by reference, is
hereby approved, and the Executive Director is authorized to
execute the same.
ADOPTED this 10th day of
by the following vote:
June
,1980,
AYES:
MEMBERS: Coil, Godinez, Hill, Jesse, Nalle & Orr
NOES:
MEMBERS: None
ABSENT:
MEMBERS:
Newoomb 4/ Mf¿
/ RMAN -
ATTEST:
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DAVID N. R
EXECUTIVE DIRECTOR!
RECORDING SECRETARY
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APPROVED AS TO FORM:
EM¿~
AGENCY LEGAL COUNSEL
31
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