HomeMy WebLinkAbout2010-004 CRACRA RESOLUTION NO. 2010-004
A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF
SANTA ANA APPROVING A DISPOSITION AND
DEVELOPMENT AGREEMENT BETWEEN THE
AGENCY AND ORANGE HOUSING
DEVELOPMENT CORPORATION AND C&C
DEVELOPMENT
BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF SANTA ANA, AS FOLLOWS:
Section 1: The Board of the Community Redevelopment Agency of the City of
Santa Ana hereby finds, determines and declares as follows:
A. The Community Redevelopment Agency of the City of Santa Ana
(hereinafter referred to as the "Agency") is engaged in activities necessary
to execute and implement the Redevelopment Plan for the Merged
Redevelopment Project Areas (the "Redevelopment Plan"), including
strengthening of public-private partnerships to provide more affordable
housing, and particularly to provide decent, safe, sanitary, and affordable
housing to the lower income citizens of the City of Santa Ana.
B. In order to implement the Redevelopment Plan, the Agency has
agreed, subject to the approval of the City Council, to sell certain real
property located at 217-219 S. Birch Street, 435-437 S. Birch Street, and
2034-2038 N. Bush Street (the "Property") pursuant to the terms and
provisions of a Disposition and Development Agreement (hereinafter
referred to as the "Agreement") between the Agency and Orange Housing
Development Corporation (OHDC) and C&C Development (C&C) which is
on file in the office of the Executive Director of the Agency, in which said
real property is described.
C. OHDC & C&C propose to construct five (5) multi-family residential
units on each parcel to rent to qualified Very Low Income Households for
the affordability term of fifty-five years.
D. The Agreement contains all of the provisions, terms, conditions and
obligations required by the state and local laws.
E. OHDC and C&C possess the qualifications and financial resources
necessary to acquire and insure development of the Property, in
CRA Resolution No. 2010-004
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accordance with the purpose and objectives of the Redevelopment Plan.
F. 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 Property.
Section 2. The Disposition and Development Agreement is hereby approved,
and the Executive Director of the Agency is hereby authorized to execute the Agreement,
with such non-substantive changes as may be approved by Agency's General Counsel.
Section 3. The Executive Director of the Agency is hereby authorized to take all
steps, and to sign all documents and instruments necessary to implement and carry out
the Agreement on behalf of the Agency.
CRA Resolution No. 2010-004
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ADOPTED this 7th day of September, 2010.
APPROVED AS TO FORM:
Joseph W. Fletcher, General Counsel
By:
Lisa E. Storck
Assistant Counsel
Chair
AYES: Boardmembers: Alvarez. Benavides, Bustamante Martinez
Sarmiento, Tinajero Pulido (7)
NOES: Boardmembers: None (0)
ABSTAIN: Boardmembers None (0)
NOT PRESENT: Boardmembers None (0
CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, MARIA D. HUIZAR, Secretary of the Agency, do hereby attest to and certify CRA
Resolution No. 2010-004 to be the original resolution adopted by the Community
Redevelopment Agency of the City of Santa Ana on September 7, 2010.
Date:
Maria Huizar, Secreta
ry-)
Community Redevelopment Agency of the City
of Santa Ana
CRA Resolution No. 2010-004
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