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REL:adg-5a <br />11/5/86 <br /> <br />RESOLUTION NO. 86- 107 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF SANTA ANA MAKING CERTAIN FINDINGS WITH <br />RESPECT TO THE CONSIDERATION TO BE RECEIVED <br />BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE <br />CITY OF SANTA ANA PURSUANT TO A DISPOSITION <br />AND DEVELOPMENT AGREEMENT BETWEEN THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA <br />AND KIRK S. EVANS, INC. FOR THE SALE OF CERTAIN <br />REAL PROPERTY AND APPROVING THE SALE OF SAID REAL <br />PROPERTY UPON THE TERMS AND CONDITIONS CONTAINED <br />IN THAT AGREEMENT <br /> <br /> WHEREAS, the Agency has agreed, subject to the <br />approval of this Council, to sell certain real property <br />pursuant to the terms and provisions of that certain Disposition <br />and Development Agreement between the Agency and Kirk S. Evans, <br />Inc., which is on file in the office of the Executive Director <br />of the Agency, in which said real property (hereinafter referred <br />to as the "Site") is described; and <br /> <br />terms, <br />local <br /> <br /> WHEREAS, the Agreement contains all the provisions, <br /> conditions and obligations required by state and <br />laws; and <br /> <br /> WHEREAS, the Agency has prepared, and the City <br />Council has reviewed and considered a Summary Report setting <br />forth the cost of the Agreement to the Agency, the estimated <br />value of the interests to be conveyed, and the purchase price, <br />and has made said Summary Report available for public inspection <br />in accordance with the California Community Redevelopment Law; <br />and <br /> <br /> WHEREAS, pursuant to the provisions of the California <br />Redevelopment Law, the Agency and the City Council have held a <br />duly noticed joint public hearing on the proposed sale of the <br />Site and the proposed Agreement; <br /> <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL <br />OF THE CITY OF SANTA ANA, AS FOLLOWS: <br /> <br /> <br />