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55D - 435-437 BIRCH STREET
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03/15/2004
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55D - 435-437 BIRCH STREET
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Last modified
1/3/2012 5:03:08 PM
Creation date
3/19/2004 12:13:22 PM
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City Clerk
Doc Type
Agenda Packet
Item #
55D
Date
3/15/2004
Destruction Year
2009
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<br />3I9IO4lS <br /> <br />RESOLUTION NO. 2004-018 <br /> <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SANTA ANA APPROVING THE SALE OF CITY-OWNED <br />PROPERTY LOCATED AT 435-437 S. BIRCH STREET <br />TO THE COMMUNITY REDEVELOPMENT AGENCY OF <br />THE CITY OF SANTA ANA AND AUTHORIZING THE CITY <br />MANAGER TO EXECUTË DOCUMENTS AS NECESSARY <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA AS FOLLOWS: <br /> <br />Sèction 1. The City Council of the City of Santa Ana hereby, finds, determines and declares <br />as follows: . <br /> <br />A. The City of Santa Ana ("City") currently owns the property located at 435-437 S. Birch <br />Street (the "Property") which was purchased using federal HOME funds by council action on <br />October 7,1997. The City had acquired the Property in order to remove a substandard . <br />apartment building and to pursue quality in-fill housing development for the Heninger Park <br />neighborhood. <br /> <br />B. Santa Ana Municipal Code section 2-709 permits t,he sale of city real property made to <br />any city, county, city. and county, state or federal govemment, or any political subdivision of <br />any of them. or to any nonprofit public benefit corporation formed or controlled by the city <br />without a public hearing. <br /> <br />C. After extensive review, staff has determined that the affordable homeownership <br />subsidies offered by the Community Redevelopment Agency of the City of Santa Ana <br />("Agency") are most appropriate to support the City's objåctives in Heninger Park. For this <br />reason, staff supports the City ot Santa Ana's sale of 435-437 S. Birch Street to the Agency <br />for $411,000, which represents the original acquisition cost. <br /> <br />D. Subject to Council and Agency approval, the City has agreed to sell the Property to the <br />Agency pursuant to the terms and provisions of that certain Purchase and Sale Agreement <br />(hereinafter referred to as the "Agreemenr) between the City and the Agency, which is on file <br />. in the office otthe Exewtive Director otthe Agency. ' <br /> <br />E. The Agreement contains all of the provisions, terms, conditions and obligations <br />required by the state and Iccallaws. . . <br /> <br />F, The Agency possesses the qualifications and financial resources necessary to acquire and <br />Insure development of the Property, In accordance with the purpose and objectives of the <br />redevelopment law. <br /> <br />G.. The City has duly considered all of the terms and .conditions of the proposed sale, and. <br />believes that the proposed sale is In the best interests of the City and the health, safety, <br />morals and welfare of its residents, and in accord with the public purpose and provisions of <br />applicable state and local laws and requirements. <br /> <br />55D-4 <br /> <br />---.. <br />
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