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REL :mb( 15 ) ~ 7/6/88 RESOLUTION NO. 88-~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA MAKING CERTAIN FINDINGS WITH RESPECT TO THE CONSIDERATION TO BE RECEIVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA PURSUANT TO A LEASE AGREEMENT BETWEEN THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, AND ROBERT C. POLITISKI AND NOREEN S. POLITISKI FOR THE LEASE OF CERTAIN REAL PROPERTY IN THE CENTRAL CITY REDEVELOPMENT PROJECT AND APPROVING THE LEASE OF SAID REAL PROPERTY UPON THE TERMS AND CONDITIONS CONTAINED IN THAT AGREEMENT WHEREAS, the Community Redevelopment Agency of the City of Santa Ana is engaged in activities necessary to execute and implement the Redevelopment Plan for the Santa Ana Central City Redevelopment Project; and WHEREAS, in order to implement the Redevelopment Plan, the Agency has agreed, subject to the approval of this Council, to lease certain real property in the Project Area, pursuant to the terms and provisions of that certain Agreement for Lease of Real Property between the Agency and Robert C. Politiski and Noreen S. Politiski, which is on file in the office of the Executive Director of the Agency, in which said real property (hereinfter referred to as the "Site') is described; and WHEREAS, the Agency has prepared, and the City Council has reviewed and considered a Summary Report setting forth the cost of the Agreement to the Agency, the estimated value of the interests to be leased determined at the highest uses permitted under the Redevelopment Plan and the sum of the lease payments during the term of the lease, and has made said Summary Report available for public inspection in accordance with the California Community Redevelopment Law; and WHEREAS, pursuant to the provisions of the California Redevelopment Law, the Agency and the City Council have held a duly noticed joint public hearing on the proposed sale of the Site and the proposed Agreement; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA, AS FOLLOWS: 1. The City Council has considered all terms and con- ditions of the proposed sale and hereby finds and determines that the lease of the Site pursuant to the Agreement is the best interests of the city and the health, safety and welfare of its residents, and is in accord with the public purposes and pro- visions of the applicable state and local laws.