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<br />. <br /> <br />. <br /> <br />. <br /> <br />C. <br /> <br />D. <br /> <br />4. <br /> <br />DISPOSITION & DEVELOPMENT AGREEMENT FOR THE C-5 SITE, <br />LOWY DEVELOPMENT CORP. <br /> <br />Recommendation: Approve and consent to the <br />assignment of that certain Disposition & <br />Development Agreement with Lowy Development <br />Corporation, dated July 17, 1984, to Lowy/Merit. <br /> <br />Commission Recommendation: <br /> <br />Not applicable. <br /> <br />A-8 SITE DEVELOPMENT <br /> <br />Recommendation: <br /> <br />1. <br /> <br />Approve the proposed concept for the <br />development of the A-8 site as outlined in the <br />attached Memorandum of Understanding. <br /> <br />2. <br /> <br />Authorize staff to prepare the final <br />Disposition and Development Agreement and <br />notice June 25, as the date for a Joint Public <br />Hearing of the City Council and Redevelopment <br />Agency for approval. <br /> <br />Commission Recommendation: <br /> <br />Not applicable. <br /> <br />APPRAISALS <br /> <br />A. <br /> <br />5. <br /> <br />AUTHORIZATION TO HIRE AN APPRAISER FOR LOSS OF GOODWILL <br />WITHIN THE MAIN STREET CENTER <br /> <br />Recommendation: Recommend that the Redevelopment <br />Agency enter 1nto an agreement with Higgins, Marcus <br />& Lovett, Inc. for the goodwill appraisal of <br />various tenants within the Main Street center. <br /> <br />Commission Recommendation: <br /> <br />Not applicable. <br /> <br />ACQUISITIONS <br /> <br />A. <br /> <br />AGREEMENT FOR SALE AND PURCHASE OF REAL PROPERTY, SANTA <br />ANA AUTO MALL <br /> <br />Recommendation: <br /> <br />(l) Approve the Agreement for Purchase of Real <br />Property between the Redevelopment Agency, the City <br />of Santa Ana and Santa Fe Land Improvement Company, <br />subject to modification as deemed necessary by the <br />Executive Director and the City Attorney; and <br />authorize execution of said Agreement by the <br />Chairman; <br /> <br />-2- <br />