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RESOLUTION NO. 2024-003 <br />A RESOLUTION OF THE SUCCESSOR AGENCY TO THE <br />FORMER COMMUNITY REDEVELOPMENT AGENCY OF <br />THE CITY OF SANTA ANA APPROVING THE PURCHASE <br />AND SALE AGREEMENT FOR THE DISPOSITION OF <br />PROPERTY TO THE CITY OF SANTA ANA LOCATED AT <br />3RD STREET AND MAIN STREET PARKING LOT <br />BE IT RESOLVED BY THE GOVERNING BOARD OF THE SUCCESSOR <br />AGENCY TO THE FORMER COMMUNITY REDEVELOPMENT AGENCY OF THE CITY <br />OF SANTA ANA AS FOLLOWS: <br />Section 1. The Governing Board of the Successor Agency to the Former <br />Community Redevelopment Agency of the City of Santa Ana hereby finds, determines <br />and declares as follows: <br />A. Pursuant to AB X1 26 (enacted in June 2011 and amended from time to time, <br />the "Dissolution Act") and the California Supreme Court's decision in California <br />Redevelopment Association, et al. v. Ana Matosantos, et al., 53 Cal.4th 231 <br />(2011), all redevelopment agencies within the State of California, including the <br />Community Redevelopment Agency of the City of Santa Ana ("Former Agency"), <br />were dissolved. <br />B. On January 9, 2012, pursuant to section 34173 of the California Health and <br />Safety Code ("HSC"), the City of Santa Ana ("City") elected to serve as Successor <br />Agency to the dissolved Former Agency ("Successor Agency"). <br />C. The Successor Agency is tasked with winding down the Former Agency's <br />affairs. <br />D. Pursuant to HSC section 34175(b), all assets, including real properties, of the <br />Former Agency transferred to the control of the Successor Agency by operation of <br />law. <br />E. The Former Agency acquired that parking lot located at 3rd Street and Main <br />Street, APN 398-601-02 ("Property"). The Property is subject to a Parking Space <br />Agreement dated May 18, 1993 (recorded with the County on September 14, <br />1993), as amended on March 16, 2001 (recorded with the County on May 8, 2001), <br />and the agreement assured the owners of the adjacent property located at 200 <br />North Main Street (Builders Exchange Building) with the future availability of 60 <br />parking spaces exclusively for the use of those owners. The Former Agency and <br />the successive owners of the Property are bound by this Parking Space <br />Agreement. <br />Resolution No. 2024-003 <br />Page 1 of 4 <br />