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<br />J <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />7. <br /> <br />Commission Recommendation: Recommend that the Agency <br />grant a six-month exclusive right to negotiate to <br />the association of Elizabeth Phillips, Louise Hutton, <br />Audrey Phillips, Velma Freeman and Mas Uyesugi for <br />the rehabilitation of property located at 301 to 317 <br />West Fourth Street, subject to submission of advanced <br />development drawings and detailed economic analysis <br />of the proposed project within ninety (90) days of <br />Agency approval of this recommendation. <br /> <br />RESOLUTIONS <br /> <br />A. <br /> <br />MAJOR COMMERCIAL REHABILITATION LOAN PROGRAM - OFFICIAL <br />ACTION RESOLUTION (RONALD MARKS & RCT DEVELOPMENT) <br /> <br />Recommendation: Adopt Resolution 8l-2l: A RESOLU- <br />TION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE <br />CITY OF SANTA ANA AUTHORIZING BOND ISSUES FOR THE <br />FUNDING OF PERMANENT LOANS FOR REHABILITATION OF <br />SPECIFIED PROPERTIES AND MAKING CERTAIN FINDINGS IN <br />CONNECTION THEREWITH. <br /> <br />Commission Recommendation: Approve all steps neces- <br />sary to implement the Wells Fargo Loan Program. <br /> <br />B. <br /> <br />MAJOR COMMERCIAL REHABILITATION LOAN PROGRAM NOTE SALE <br />(KEISER, 412 W. FOURTH STREET) <br /> <br />Recommendation: Adopt Resolution 81-24: A RESOLU- <br />TION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE <br />CITY OF SANTA ANA APPROVING $175,000 PROMISSORY NOTE <br />TO WELLS FARGO BANK, PURSUANT TO THE MAJOR COMMERCIAL <br />REHABILITATION LOAN PROGRAM. <br /> <br />Commission Recommendation: <br /> <br />Not applicable. <br /> <br />C. <br /> <br />MAJOR COMMERCIAL REHABILITATION PROGRAM - COMMERCIAL <br />REHABILITATION PARTICIPATION AGREEMENT - HOROWITZ BROTHERS <br />1975 TRUST <br /> <br />Recommendation: <br /> <br />1. <br /> <br />Adopt Resolution 81-25: A RESOLUTION OF THE <br />COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF <br />SANTA ANA AUTHORIZING THE CHAIRMAN TO EXECUTE A <br />COMMERCIAL REHABILITATION AGREEMENT BETWEEN THE <br />AGENCY AND DAVID L. HOROWITZ, ANDREW R. HOROWITZ, <br />AND THOMAS W. HOROWITZ FOR PROPERTY AT 117 W. <br />FOURTH STREET. <br /> <br />2. <br /> <br />Adopt Resolution 81-26: A RESOLUTION OF THE <br />COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF <br />SANTA ANA AUTHORIZING THE CHAIRMAN TO EXECUTE A <br />TERMINATION OF AGREEMENT BETWEEN THE AGENCY AND <br />THE JACKMAN FAMILY. <br /> <br />Commission Recommendation: Recommend Redevelopment <br />Agency approval of a Commercial Rehabilitation Agree- <br />ment between the Horowitz Brothers 1975 Trust and <br />the Community Redevelopment Agency.- <br /> <br />-4- <br />