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RESOLUTION NO. 2002-088 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SANTA ANA MAKING CERTAIN FINDINGS WITH <br />RESPECT TO THE CONSIDERATION TO BE RECEIVED <br />BY THE COMMUNITY REDEVELOPMENT AGENCY OF <br />THE CITY OF SANTA ANA PURSUANT TO AN <br />AFFORDABLE HOUSING PARTNERSHIP AGREEMENT <br />BETWEEN THE COMMUNITY REDEVELOPMENT AGENCY <br />OF THE CITY OF SANTA ANA AND HABITAT FOR <br />HUMANITY FOR THE SALE OF CERTAIN REAL <br />PROPERTY IN THE BRISTOL REDEVELOPMENT <br />PROJECT AND APPROVING THE SALE OF SAID REAL <br />PROPERTY UPON THE TERMS AND CONDITIONS <br />CONTAINED IN THAT AGREEMENT <br /> <br />LES 10/16/02 <br /> <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA, AS <br />FOLLOWS: <br /> <br /> Section 1: The City Council of the City of Santa Ana hereby finds, determines and <br />declares as follows: <br /> <br />The Community Redevelopment Agency of the City of Santa Ana <br />(hereinafter referred to as the "Agency") is engaged in activities necessary <br />to execute and implement the Redevelopment Plan for the Bdstol <br />Redevelopment Project, including strengthening of public-private <br />partnerships to provide more affordable housing, and particularly to <br />provide decent, safe, sanitary, and 'affordable housing to the lower income <br />citizens of the City of Santa Ana. <br /> <br />In order to implement the Redevelopment Plan, the City has agreed to <br />convey certain real property in the Project Area to the Agency, subject to <br />the approval of this Council. The Agency will then sell said real property, <br />pursuant to the terms and provisions of that certain Affordable Housing <br />Partnership Agreement (hereinafter referred to as the "Agreement") <br />between the Agency and Habitat for Humanity, which is on file in the office <br />of the Executive Director of the Agency, in which said real property located <br />at 1346 S. Bristol (hereinafter referred to as the "Site") is further described. <br /> <br />The Agreement contains all of the provisions, terms, conditions and <br />obligations required by the state and local laws, as well as long-term <br />affordability covenants benefiting the Agency. <br /> <br />D. Habitat for Humanity possesses the qualifications and financial resources <br /> <br />Resolution No. 2002-088 <br /> Page 1 of 3 <br /> <br /> <br />