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RESOLUTION NO. 75-26 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF SANTA ANA AMENDING RESOLUTION <br />NO. 75-23 APPROVING AN INCREASE IN THE <br />PRICE OF ACQUISITION FOR THOSE PARCELS <br />SPECIFIED FOR THE PURPOSE OF ASSEMBLING <br />A SITE IN THE CITY OF SANTA ANA REDEVELOP- <br />MENT PROJECT AREA BY THE COMMUNITY RE- <br />DEVELOPMENT AGENCY FOR SENIOR CITIZENS <br />HOUSING <br /> <br /> WHEREAS, on February 18, 1975, the City Council of the <br />City of Santa Ana adopted Resolution No. 75-23 approving <br />an appraised value for certain parcels constituting a part <br />of the Senior Citizens Housing site as follows: Parcel <br />008-161-01, $25,000; Parcel 008-161-02, $24,500; Parcel <br />008-161-03, $33,000; Parcel 008-161-05, $38,000; and <br /> <br /> WHEREAS, it is the desire of the City Council to <br />amend Resolution No. 75-23 by increasing the authorized <br />acquisition price for aforesaid parcels as follows: <br />Assessor's Parcel 008-161-01, $25,500, an increase of <br />$500; Parcel 008-161-02, $25,000, an increase of $500; <br />Parcel 008-161-03, $35,000, an increase of $2,000; Parcel <br />008-161-05, $40,000, an increase of $2,000. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of <br />the City of Santa Ana that Resolution No. 75-23 of the City <br />Council is hereby amended as follows: <br /> <br /> 1. That the Finance Director of the City of Santa <br />Ana, as authorized by the City Manager, is hereby authorized <br />to disburse funds from the City Council-Redevelopment Agency <br />Revolving Fund, 109-134, Activity 611-Land, for the acquisi- <br />tion of the following described parcels of real property for <br />the following described amounts as appraised by John Donahue, <br />a qualified real estate appraiser, for the purpose of assembling <br />a site for Senior Citizens Housing: <br /> <br />ASSESSOR'S APPRAISED <br />PARCEL NO. ADDRESS VALUE <br /> <br />008-161-01 <br /> <br />430 W. Second Street <br />Santa Ana, California <br /> <br />$25,500.00 <br /> <br />008-161-02 <br /> <br />426 W. Second Street <br />Santa Ana, California <br /> <br />25,000.00 <br /> <br />008-161-03 <br /> <br />424 W. Second Street <br />Santa Ana, California <br /> <br />35,000.00 <br /> <br />008-161-05 <br /> <br />412 W. Second Street <br />Santa Ana, California <br /> <br />40,000.00 <br /> <br /> BE IT FURTHER RESOLVED that the expenditure of said <br />monies on behalf of the Community Redevelopment Agency of the <br /> <br /> <br />