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o oWILLIAM B. WORDEN, C.F.A, INVESTMENT COUNSEL 180 South Lake Avonur Ps.acr.na, Calitornia 91101 (213) 792-2169 cc: Mr. David N. Ream, Dir. of Corununity Development April 23, 1981 Re: Earthquake Hazaxd Reduction Ond, 906 North l'Iain Street, Santa Ana Dear l,Ir. Tyler : I was one of those present at the Public information meeting last evening. we discussed briefly the Possibility that the building at the above address, constructed in 1946, would be subject to the ordinance, which you felt was unIikeIy. I represent the owners of this building as l4anaging Trustee. The primary occupant is Marinello school of Beauty. The site was the original home of my Grandparents, I'tr. & Mrs. John McFadden. The original lessee of the building was Barker Bros. The enclosed letters, ore received the same day as the notice of last evening's meeting and the attached copy of the ordinance, indicate why I had assumed our building was subject to Ns-15I8. I am noi{ assessing possible courses of action srhen the Present lease on the building expires. l4r. Ream was kind enough to offer to discuss the Redevelopment Agency program with me, and I plan to ask him for an appointment in the near future. fn the meantine, I hope you can give me a firm understanding as to whether or not subject building is covered by NS-1518, and whether there are other recent ordinances or codes that would impose special requirements should we decide to re-Iease the property wi.thouc structural modification. I ask the question in this manner as I received no notification when the ordinance was adopted and just recently became aware of its existence. My wife and I appreciated the way in which you and the other city represent- atives handled a difficult situatj.on last night. we are also hopeful that the city cormcil witl give favorable consideration to alleviating the hardships indicated by many of the Participants. It is my impression that many of those affected are small investors and other niddle class citizens like myself who are not equipped as are the big developers and owners to handle major new obligations of this kind, especially in periods of very high interest rates and over a limited time interval. Thank you for your assistance. Sincerely, willian B. vlorden, Jr. Trustee, McPadden Trust RECE,VED APR 24 tgal .iiji.Eitfriiill.. l4r. Bob Tyler' Plan Check Engineer Building Safety Department 20 Civic Center Plaza, P.O. Box 1988 Santa Ana, CA 92702