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<br />.. <br /> <br />. <br /> <br />. <br /> <br />5 <br /> <br />MAJOR COMMERCIAL REHABILITATION LOAN PROGRAM - NOTE SALES/ <br />KEISER, PEDRINI, MATHEWSON, BROADWAY IMPROVEMENT, RAMONA <br /> <br />A motion was made by Mr. Griset, seconded by Mr. Serrato and <br />carried unanimously to adopt Resolution 81-116: A RESOLUTION <br />OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA <br />APPROVING THE SALE OF A $712,000 PROMISSORY NOTE TO WELLS <br />FARGO BANK, PURSUANT TO THE MAJOR COMMERCIAL REHABILITATION <br />LOAN PROGRAM. <br /> <br />A motion was made by Mr. Griset, seconded by Mr. Serrato and <br />carried unanimously to adopt Resolution 81-117: A RESOLUTION <br />OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA <br />APPROVING THE SALE OF A $495,000 PROMISSORY NOTE TO WELLS <br />FARGO BANK PURSUANT TO THE MAJOR COMMERCIAL REHABILITATION <br />LOAN PROGRAM. <br /> <br />A motion was made by Mr. Griset, seconded by Mr. Serrato and <br />carrled unanimously to adopt Resolution 81-118: A RESOLUTION <br />OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA <br />APPROVING THE SALE OF A $600,000 PROMISSORY NOTE TO WELLS <br />FARGO BANK, PURSUANT TO THE MAJOR COMMERCIAL REHABILITATION <br />LOAN PROGRAM. <br /> <br />A motion was made by Mr. Griset, seconded by Mr. Serrato and <br />carried unanimously to adopt Resolution 81-119: A RESOLUTION <br />OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA <br />ANA APPROVING THE SALE OF A $557,000 PROMISSORY NOTE TO WELLS <br />FARGO BANK PURSUANT TO THE MAJOR COMMERCIAL REHABILITATION <br />LOAN PROGRAM. <br /> <br />A motion was made by Mr. Griset, seconded by Mr. Serrato and <br />carried unanimously to adopt Resolution 81-120: A RESOLUTION <br />OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA <br />ANA APPROVING THE SALE OF A $753,000 PROMISSORY NOTE TO WELLS <br />FARGO BANK, PURSUANT TO THE MAJOR COMMERCIAL REHABILITATION <br />LOAN PROGRAM. <br /> <br />ACQUISITION OF PROPERTY WITHIN THE OXFORD WEST DEVELOPMENT <br />SITE (HARDSHIP CASE/OWENS DRIVE) <br /> <br />It was moved by Mr. Serrato, seconded by Mr. Luxembourger and <br />carried by a vote of 5:1 (Mr. Markel voted "NO") that the <br />Agency adopt Resolution 81-121: A RESOLUTION OF THE <br />COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA <br />AUTHORIZING THE CHAIRMAN OF THE COMMUNITY REDEVELOPMENT <br />AGENCY TO EXECUTE AN AGREEMENT FOR ACQUISITION OF REAL <br />PROPERTY BETWEEN THE AGENCY AND FREDICK JOHN MCMILLAN AND <br />MIRIAM I. MCMILLAN FOR PROPERTY LOCATED AT 219 OWENS DRIVE. <br /> <br />-5- <br />