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<br /> <br /> <br />BASIC TERMS <br />Buyer: City of Santa Ana, a charter city and municipal corporation organized <br />under the Constitution and laws of the State of California <br />Buyer’s Address: City of Santa Ana <br />Attention: City Clerk <br />20 Civic Center Plaza <br />Santa Ana, CA 92701 <br />Tel. (714) 647-6520 <br /> <br />Closing Date (or Closing) Estimated to occur by March 13, 2025, but not later than the Outside <br />Date <br />Contingency Date: Sixty (60) days after the Effective Date <br />Deed: A grant deed in the form of Exhibit B hereto <br />Effective Date: January 30, 2025 <br />Outside Date: 60 days after Oversight Board and Department of Finance Approval <br />Oversight Board: The Oversight Board to the Successor Agency to the Former <br />Community Redevelopment Agency of the City of Santa Ana <br />approval is a condition of closing, Health and Safety Code <br />§34181(a)(1). <br />Purchase Price: One-Hundred and Ninety Thousand Dollars ($190,000) <br />Real Property: That property described in Exhibit A hereto; the parking lot at 3rd <br />Street and Main Street, Santa Ana, California, APN 398-601-02 <br />Seller: City as Successor Agency to the Former Community Redevelopment <br />Agency of the City of Santa Ana <br />Seller’s Address: 20 Civic Center Plaza <br />Santa Ana, California 92701 <br />Attention: Director of Community Development Agency <br />Tel. (714) 647-5360 <br /> <br />Title Company: First American Title Insurance Company <br />5 First American Way <br />Santa Ana, CA 92707 <br />Tel: (714) ___-____ <br />Attention: ________________, _______________ <br />(direct: (714) ___-____; email: ___________@firstam.com) <br />(or another title insurer mutually acceptable to Buyer and Seller) <br /> <br />EXHIBIT 4