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<br />. <br /> <br />. <br /> <br />. <br /> <br />fund (Account 011-013-850) of $1,781,180.00 to the South Main <br />Redevelopment Project Area fund for the Auto Mall Project <br />(Accounts 550-936-631 and 550-939-791). <br /> <br />City Council Recommendation: <br />that the City Council: <br /> <br />It is recommended <br /> <br />(1) <br /> <br />Award a contract to Hondo Company, Inc., the <br />lowest responsive bidder for Phase II, <br />Construction of Landscape Improvements, <br />Santa Ana Auto Mall, in the amount of <br />$992,401.50; and <br /> <br />(2 ) <br /> <br />Approve Appropriation Adjustment No. 178 <br />transferring funds from the General fund <br />(Account 011-013-850) to the South Main Auto <br />Mall project funds (Accounts (550-936-631 <br />and 553-939-791). <br /> <br />Commission Recommendation: <br /> <br />Not applicable. <br /> <br />C. <br /> <br />APPROVAL TO RESCIND DISPOSITION AND DEVELOPMENT <br />AGREEMENT ON THE A-9 SITE <br /> <br />Recommendation: Authorize the Chairman of the <br />CommunIty Redevelopment Agency of the City of <br />Santa Ana to execute an agreement rescinding the <br />Disposition and Development Agreement with Urban <br />Ventures Corporation on the A-9 site. <br /> <br />5. <br /> <br />DEFERRED LOANS <br /> <br />A. <br /> <br />DEFERRED LOAN FOR REHABILITATION OF THE MASONIC TEMPLE <br />AND CORRESPONDING APPROPRIATIONS ADJUSTMENT NO. 185 <br /> <br />Recommendation: <br /> <br />Approve a $400,000 seven (7) year, zero interest <br />Deferred Loan secured by a trust deed to CM <br />Properties, Inc. to provide the gap financing <br />required to facilitate the rehabilitation of the <br />Masonic Temple. <br /> <br />4. <br />