Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />B. <br /> <br />PUBLIC HEARING FOR THE PROPOSED SALE BY THE COMMUNITY <br />REDEVELOPMENT AGENCY TO FERRANTE/WALDER JOINT VENTURE <br /> <br />Recommenda t ion: <br /> <br />1. <br /> <br />Adopt Resolution 82-100: A RESOLUTION OF THE <br />COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF <br />SANTA ANA APPROVING AN AGREEMENT BETWEEN THE <br />AGENCY AND THE FERRANTE/WALDER JOINT VENTURE. <br /> <br />2. <br /> <br />Adopt proposed budget and authorize its imple- <br />mentation by the Community Redevelopment <br />Commission. <br /> <br />Commission Recommendation <br /> <br />1. <br /> <br />Recommend that the Redevelopment Agency adopt <br />a resolution authorizing the execution of a <br />Disposition and Development Agreement with <br />Ferrante/Walder for the development of the B- <br />1 site. <br /> <br />2. <br /> <br />Recommend that the Redevelopment Agency adopt <br />the budget and authorize its implementation <br />by the Community Redevelopment Commission. <br /> <br />3. <br /> <br />AGREEMENTS <br /> <br />A. <br /> <br />4. <br /> <br />MAJOR COMMERCIAL REHABILITATION PROGRAM/LOAN GUARANTEE <br />AGREEMENT/YMCA-205 W. CIVIC CENTER <br /> <br />Recommendation: Approve a Loan Guarantee between <br />the Community Redevelopment Agency of the City of <br />Santa Ana and Wells Fargo Bank, N.A. for the YMCA- <br />205 W. Civic Center, in the amount of $750,000. <br /> <br />Commission Recommendation: Recommended that the <br />Redevelopment Agency approve a Loan Guarantee <br />Agreement between the Community Redevelopment <br />Agency and Wells Fargo Bank for a loan to the YMCA- <br />205 W. Civic Center in the amount of $750,000. <br /> <br />ACQUISITIONS <br /> <br />A. <br /> <br />ACQUISITION OF PROPERTY WITHIN THE FERRANTE/WALDER- <br />B-1 DEVELOPMENT SITE <br /> <br />Recommendation: Authorize the Chairman of the <br />Community Redevelopment Agency of the City of <br />Santa Ana to execute an Agreement for the Acqui- <br />sition of Real Property in the Ferrante/Walder, B- <br />1 Development Site from Jones Investment Corporation <br />and Allen E. Jones. <br /> <br />Commission Recommendation: <br /> <br />Not applicable. <br /> <br />-2- <br />