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<br />. <br /> <br />. <br /> <br />. <br /> <br />5. <br /> <br />Recommendation Authorize the Chairman of the <br />Community Redevelopment Agency of the City of Santa <br />Ana to execute an agreement rescinding the <br />Disposition and Development Agreement with Urban <br />Ventures Corporation on the A-9 Site. <br /> <br />D. <br /> <br />AMENDMENT TO DIRECT COMMERCIAL LOAN TERMS FOR PROPERTIES <br />WITHIN THE FIESTA MARKETPLACE PROJECT (A-8 SITE) <br /> <br />Recommendation: Approve an amendment to the <br />Direct Commercial Loan Program extending the loan <br />"balloon" date from seven to ten years for owner <br />participants within the Fiesta Marketplace Project <br />who also receive Urban Development Action Grant <br />funds. <br /> <br />Commission Recommendation: <br /> <br />Not applicable. <br /> <br />E. <br /> <br />APPROVAL OF URBAN VENTURES ASSIGNMENT TO LE PROVENCAL <br />PARTNERSHIP, LTD. FOR THE A-5 SITE <br /> <br />Recommendation: Consent to Urban Ventures <br />Corporation joining with Capital Investment <br />Properties, Inc. and Michael V. Reyes, in a limited <br />partnership in which Urban Ventures Corporation is <br />the general partner, to acquire and develop the A-5 <br />site pursuant to the Disposition and Development <br />Agreement dated September 25, 1984. <br /> <br />F. <br /> <br />FUND TRANSFER FOR REPAYMENT OF LOAN TO THE AGENCY FROM <br />COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM (APPROPRIATION <br />ADJUSTMENT NO. 132) <br /> <br />Recommendation: Approve appropriation adjustment <br />number 132 transferring $2.200,000 of bond <br />proceeds to the Central City Project Area for the <br />purpose of providing funds to repay a loan from <br />the Community Development Block Grant Program. <br /> <br />Council Recommendation: Approve appropriation <br />adjustment number 132 transferring $2,200,000 of <br />bond proceeds to the Central City Project Area for <br />the purpose of providing funds to repay a loan from <br />the Community Development Block Grant Program. <br /> <br />EXCLUSIVE RIGHT TO NEGOTIATE <br /> <br />-5- <br />