HomeMy WebLinkAbout1981-086 CRA
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8/7/81
2Y
RECORDING REQUESTED BY:
The Community Redevelopment Agency
of the City of Santa Ana
WHEN RECORDED, MAIL TO:
Community Redevelopment Agency
of the City of Santa Ana
20 Civic Center Plaza
Santa Ana, CA 92701
RESOLUTION NO. 81-86
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA AUTHORIZING
THE CHAIRMAN TO EXECUTE A COMMERCIAL REHA-
BILITATION AGREEMENT BETWEEN THE AGENCY'AND
ARCADE PARTNERSHIP
FOR PROPERTY LOCATED AT
515 N. MAIN ST.
AND PROVIDING FOR THE EXEMPTION OF SAID
PROPERTY FROM ACQUISITION BY THE AGENCY BY
EMINENT DOMAIN UPON CERTAIN CONDITIONS
BE IT RESOLVED by the Community Redevelopment
Agency of the City of Santa Ana as follows:
1. The Chairman of the Agency is hereby
authorized to execute on behalf of the Agency that certain
agreement entitled "Commercial Rehabilitation Participation
Agreement, (515 N. Main St.),.
form dated 3/25/81, between the Agency and
Arcade Partnership,
copies of which are on file in the office of the Executive
Director of the Agency and to which reference is hereby made
for full particulars, which Agreement pertains to property
(hereinafter referred to as the. subject property")
specifically described in Exhibit A, attached hereto and
incorporated herein by reference.
2. The Executive Director is hereby authorized
to take all steps, and to sign all documents and instruments
necessary to implement and carry out this Agreement on
behalf of the Agency.
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RESOLUTION NO. 81-86
PAGE TWO
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3. Upon issuance of a Certificate of Completion
pursuant to the abovesaid Agreement, the Executive Director
of the Agency shall cause this Resolution to be recorded in
the Official Records of Orange County. From and after the
date of such recordation, the subject property shall be
exempt from acquisition by the Agency by eminent domain in
accordance with section 33399(g) of the Community
Redevelopment Law, subject to the condition that, in the
event of the substantial destruction of the building
rehabilitated pursuant to the abovesaid Agreement, said
exemption shall terminate.
ADOPTED this 17th day of AuQust
by the following vote:-----
,1981,
NOES:
MEMBERS: GRISET, SERRATO, LUXEMBOURGER, BRICKEN,
ACOSTA, MC GUIGAN
MEMBERS: MARKEL
AYES:
ABSENT:
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ATTEST:
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EXECUTIVE DIRECTOR/
RECORDING SECRETARY
APPROVED AS TO FORM:
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EXHIBIT A
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The following land situated in the State of California,
County of Orange, City of Santa Ana, and described as
follows:
Lot 6 in Block 18, Town of Santa Ana, as shown on a map
recorded in Book 2, Page 51 of Miscellaneous Records of
Los Angeles County, California.
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