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RESOLUTION NO. 86- 108 <br /> <br />REL:adg-14 <br />10/30/86 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF SANTA ANA APPROVING AN AMENDMENT <br />TO AN "AGREEMENT FOR THE SALE AND DEVEL- <br />OPMENT OF REAL PROPERTY" BETWEEN THE <br />COMMUNITY REDEVELOPMENT AGENCY OF THE <br />CITY OF SANTA ANA AND CIVIC CENTER <br />BARRIO HOUSING CORP. <br /> <br /> WHEREAS, the Community Redevelopment Agency of the <br />City of Santa Ana entered into an "Agreement for the Sale and <br />Development of Real Property" with Civic Center Barrio Housing <br />Corp. on February 19, 1985 (the "Agreement"), which provides <br />for the sale of property located at 300-304 Jackson Street <br />by the Agency to Civic Center Barrio Housing Corp. <br /> <br /> WHEREAS, this Council approved the Agreement on <br />February 19, 1985 by its Resolution No. 85-39; <br /> <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL <br />OF THE CITY OF SANTA ANA AS FOLLOWS: <br /> <br /> 1. That certain "Amendment to Agreement" between the <br />Agency and Civic Center Barrio Housing Corp., approved this <br />date by the Agency, is hereby approved by this Council. <br /> <br /> 2. This Council finds and determines that the considera- <br />tion for the sale of the aforesaid property pursuant to the <br />Agreement as thus amended is not less than the fair market <br />value of said property in accordance with covenants and con- <br />ditions governing such sale. <br /> <br /> ADOPTED this 18th day of November , 1986. <br /> <br />ATTEST: ~ <br /> Daniel E. Griset <br />~~. ~__ Mayor <br />~/nice C. Guy / ~ <br />Clerk of the Counbi~' <br /> <br />COUNCILMEMBERS: <br /> <br />Griset Aye <br /> A e <br />Acosta A~sent <br />Hart <br />Johnson Absent <br />Luxembourge r Aye <br />McGuigan Aye <br />Young ~ <br /> <br />APPROVED AS TO FORM: <br />~i ~A~'t~t ~er <br /> <br /> <br />