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ORDINANCE NS-1205 PAGE TWO WHEREAS, said moratorium may be rescinded if the results of the aforedescribed studies are known prior to the termination of said ninety day moratorium, and upon that the finding that the allowance of new buildings and additions to buildings within said aforedescribed location would not jeopardize plans developed from said studies for said location; and WHEREAS, for the above reasons, there exists an urgent necessity that the issuance of building permits for new buildings and additions to buildings within said location be suspended for a reasonable period of time within which said studies may be conducted in order to make a determination for the bestuse of the property within said location. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA ANA DOES ORDAIN AS FOLLOWS: SECTION 1. The City Council of the City of Santa Ana finds and determines that it is in the interest of the public necessity, convenience and the general welfare that a moratorium be imposed on the issuance of building permits for new buildings and additions to buildings within that portion of the Community Redevelopment Project Area bounded by Main Street on the east, Ross Street on the west, Fifth Street on the south, and Santa Ana Boulevard on the north. SECTION 2. The Department of Building Safety of the City of Santa Ana shall not issue any building permits for additions to buildings and new buildings within that portion of the Santa Ana Community Redevelopment Project Area bounded by Main Street on the east, Ross Street on the west, Fifth Street on the south, and Santa Ana Boulevard on the north, for a period to terminate ninety (90) days from the initial effective date of this ordinance. SECTION 3. This ordinance shall take effect as an urgency measure im~aediately upon its adoption. The City Council declares that it is necessary to the public peace, health, safety and welfare that this ordinance be adopted as an urgency measure. The facts constituting the emergency are: the Community Redevel- opment Agency of the City of Santa Ana is currently committed to a minimum of $25,000 for its share of the feasibility study jointly financed by the Community Redevelopment Agency and the Orange County Transit District for the location of a multi-modal transportation terminal in that portion of the Community Redevel- ment Project Area bounded by Main Street on the east, Ross Street on the west, Fifth Street on the south, and Santa Ana Boulevard on the north, and new buildings and additions to buildings in said location could adversely affect the feasibility of the site for a multi-modal transportation terminal by making the site more costly'to acquire and the Community Redevelopment Agency of the City of Santa Ana is also spending $38,000 in addi- tional planning and economic studies for the entire Community Redevelopment Project Area, and both the planning studies and economic studies are being coordinated with the transportation corridor and multi-modal transportation terminal site study, and