Laserfiche WebLink
RESOLUTION NO. 80- 20 <br />PAGE TWO <br /> <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL <br />OF THE CITY OF SANTA ANA, AS FOLLOWS: <br /> <br /> 1. The City Council has considered all terms and <br />conditions of the proposed sale and hereby finds and <br />determines that the redevelopment of the Property pursuant <br />to the proposed Agreement is in the best interests of the <br />City and the health, safety, morals and welfare of its <br />residents, and is in'accord with the public purposes and <br />provisions of the applicable state and local laws. <br /> <br /> 2. The City Council hereby finds and determines <br />that the consideration for the sale of the Property pursuant <br />to the Major Commercial Rehabilitation Owner Participation <br />Agreement between the Agency and Harry and Evelyn Greenberg <br />is not less than the fair market value of the Property in <br />accordance with the covenants and conditions governing the <br />sale. <br /> <br /> 3. The sale of the Property by the Agency <br />Harry and Evelyn Greenberg and the Major Commercial <br />Rehabilitation Owner Participation Agreement which <br />establishes the terms and conditions for the sale and <br />development of the Property, are hereby approved. <br /> <br />to <br /> <br /> ADOPTED this 17th day of March <br />the following vote: <br /> <br />, 1980, by <br /> <br />AYES: COUNCILMEN: Bricken, Luxembourger, <br /> Yamamoto <br />NOES: COUNCILMEN: Markel <br /> <br />Serrat0~ <br /> <br />ABSENT: COUNCILMEN: Gris0t, Ward <br /> <br />ATTEST: <br /> <br />APPROVED AS TO FORM: <br /> <br />KEITH L. GOW <br />City Attorney <br /> <br />VICE MAYOR <br /> <br /> <br />