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REL .' adg <br />2/6/85 <br /> <br />RESOLUTION NO. 85-40 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SANTA ANA MAKING CERTAIN FINDINGS AND DETERMIN- <br />ATIONS WITH RESPECT TO IMPROVEMENTS TO BE FUNDED <br />BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY <br />OF SANTA ANA PURSUANT TO ITS PARTICIPATION <br />AGREEMENT WITH RITCHEY CENTER NORTH AND RITCHEY <br />CENTER SOUTH <br /> <br /> WHEREAS, this Council, by Ordinance No. NS-1639 <br />adopted July 6, 1982, apDroved and adopted the Redevelop- <br />ment Plan for the Santa Aha South Main Street Redevelopment <br />Project, which plan as thus amended is hereinafter referred <br />to as the "Redevelopment Plan," <br /> <br /> WHEREAS, among the objectives of the Redevelopment <br />Plans are: <br /> <br />1. Creation of new employment opportunities. <br /> <br /> 2. Encouragement of private commercial/industrial re- <br />habilitation, development and capital investment. <br /> <br /> 3. Provision or replacement of public streets, alleys, <br />parks, sidewalks, sewers, storm drains, traffic signals, <br />lighting systems and other public improvements as necessary; <br />and <br /> <br /> WHEREAS, on February 19, 1985, the Community <br />Redevelopment Agency of the City of Santa Ana (hereinafter, <br />the "Agency") entered into an agreement (hereinafter, the <br />"Participation Agreement") with Ritchey Center North and <br />Ritchey Center South for the rennovation of industrial <br />buildings within the Santa Ana South Main Street Redevelop- <br />ment Project Area; and <br /> <br /> WHEREAS, pursuant to said Agreement, the Agency <br />undertakes to pay for the cost of certain off-site street <br />improvements abutting and providing access to the subject <br />site, specifically, St.Andrew Place and Glenwood Place, <br />east of Ritchey Street, up to a maximum of $50,000.00, all <br />of the aforesaid to be publicly owned and being hereinafter <br />referred to as the "Improvements;" <br /> <br /> <br />