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<br />. <br /> <br />. <br /> <br />. <br /> <br />bk:4/13/04 <br /> <br />RESOLUTION NO. 2004-032 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF SANTA ANA <br />MAKING CERTAIN FINDINGS WITH RESPECT TO THE <br />CONSIDERATION TO BE RECEIVED BY THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA <br />PURSUANT TO A DISPOSITION AND DEVELOPMENT <br />AGREEMENT BETWEEN THE COMMUNITY REDEVELOPMENT <br />AGENCY OF THE CITY OF SANTA ANA, AND SANTA ANA <br />TRANSIT VILLAGE, LLC, FOR THE SALE OF CERTAIN REAL <br />PROPERTY IN THE INTER CITY COMMUTER STATION <br />REDEVELOPMENT PROJECT AND APPROVING THE SALE OF <br />SAID REAL PROPERTY UPON THE TERMS AND CONDITIONS <br />CONTAINED IN THAT AGREEMENT <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 />A. 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 I nter City <br />Commuter Station Redevelopment Project: <br /> <br />B. In order to implement the Redevelopment Plan, the Agency has <br />agreed, subject to the approval of this Council, to sell certain real property in <br />the Project Area, pursuant to the terms and provisions of that certain <br />Disposition and Development Agreement (hereinafter referred to as the <br />"Agreement") between the Agency and Santa Ana Transit Village, LLC, <br />which is on file in the office of the Executive Director of the Agency, in which <br />said real property, commonly referred to as 901 & 927 East Santa Ana <br />Boulevard, County of Orange Assessor Parcel Numbers 398-201-05 & <br />398-201-07 (hereinafter referred to as the "Site"), is described. <br /> <br />C. The Agreement contains all of the provisions, terms, conditions and <br />obligations required by the state and local laws. <br /> <br />D. Santa Ana Transit Village, LLC, possess the qualifications and <br />financial resources necessary to acquire and insure development of the <br /> <br />1 <br /> <br />75C-83 <br />