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Community Development Agency <br />www.santa-ana.org/community-development <br />Item # 24 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br />Staff Report <br />September 17, 2024 <br />TOPIC: Joint Public Hearing: Resolution and Purchase and Sale Agreement for <br />Acquisition of Real Property for Parking Lot <br />AGENDA TITLE <br />Joint Public Hearing: Adopt Resolution and Approve Purchase and Sale Agreement for <br />Acquisition of Real Property at the Southwest Corner of Main Street and Third Street <br />(APN 398-601-02) for Parking Lot (General Fund and Non -General Fund) <br />Legal notice public in the OC Reporter on August 30 and September 9, 2024. <br />RECOMMENDED ACTION <br />CITY COUNCIL ACTION <br />1. Adopt a resolution making certain findings with respect to the consideration to be <br />received by the Successor Agency pursuant to a Purchase and Sale Agreement <br />between the Successor Agency and the City for the sale of the Southwest Corner of <br />Main Street and Third Street (APN 398-601-02), and authorize the City Manager to <br />execute all required documents as necessary. <br />RESOLUTION NO. 2024-XXX entitled A RESOLUTION OF THE CITY COUNCIL <br />OF THE CITY OF SANTA ANA APPROVING THE PURCHASE AND SALE <br />AGREEMENT FOR THE ACQUISITION OF PROPERTY FROM THE SUCCESSOR <br />AGENCY TO THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF <br />SANTA ANA LOCATED AT 3RD STREET AND MAIN STREET PARKING LOT <br />2. Authorize the City Manager to execute the Purchase and Sale Agreement and all <br />required documents for the acquisition of real property located at the Southwest <br />Corner of Main Street and Third Street (APN 398-601-02) in the amount of $190,000 <br />plus closing costs (Agreement No. A-2024-XXX). <br />SUCCESSOR AGENCY ACTION <br />1. Adopt a resolution declaring a Successor Agency owned property as exempt <br />Surplus Land for the purpose of a Purchase and Sale agreement with the City of <br />Santa Ana. <br />RESOLUTION NO. 2024-XXX entitled A RESOLUTION OF THE SUCCESOR <br />AGENCY TO THE FORMER COMMUNITY REDEVELOPMENT AGENCY OF THE <br />CITY OF SANTA ANA DECLARING 3RD STREET AND MAIN STREET PARKING <br />LOT AS EXEMPT SURPLUS AND LAND PURSUANT TO THE EXEMPT <br />SURPLUS LAND ACT AND AUTHORIZING, PURSUANT TO AN EXEMPTION <br />