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<br />. <br /> <br />. <br /> <br />. <br /> <br />3. <br /> <br />B. <br /> <br />Commission Recommendation: That the <br />Redevelopment Agency direct the Agency Attorney <br />to prepare and authorize the Chairman and <br />Executive Director to execute a short-term loan <br />agreement for $3.9 million with Banque Paribas <br />for the purpose of completing the repayment of <br />obligations resulting from the Santa Fe Loan <br />Agreement. <br /> <br />EXCHANGE OF REAL PROPERTY INTERESTS AND APPROVAL OF <br />COSTS TO CURE DAMAGES (219 E. FOURTH STREET) <br /> <br />Recommendation: <br />1. Authorize the Chairman to execute all <br />required documents for acquisition of a portion <br />of Assessor Parcel No. 398-327-06 from Allan <br />Fainbarg, Trustee under the Fainbarg Children's <br />Trust, and for the sale of a portion of Assessor <br />Parcel No. 398-327-07 to Allan Fainbarg, Trustee <br />under the Fainbarg Children's Trust for a net <br />purchase price of $3,723.00 payable to Allan <br />Fainbarg, Trustee under the Fainbarg Children's <br />Trust; and <br /> <br />2. Approve a payment not to exceed $80,000 to <br />Allan Fainbarg, Trustee under the Fainbarg <br />Children's Trust as cost to cure damages for <br />reconstruction of improvements to real property <br />situated on Assessor Parcel No. 398-327-06. <br /> <br />Commission Recommendation: <br /> <br />That the Community Redevelopment Agency: <br />1. Authorize the Chairman to execute all <br />required documents for acquisition of a portion <br />of Assessor Parcel No. 398-327-06 from Allan <br />Fainbarg, Trustee under the Fainbarg Children's <br />Trust, and for the sale of a portion of Assessor <br />Parcel No. 398-327-07 to Allan Fainbarg, Trustee <br />under the Fainbarg Children's Trust for a net <br />purchase price of $3,723.00 payable to Allan <br />Fainbarg, Trustee under the Fainbarg Children's <br />Trust; and <br /> <br />2. Approve a payment not to exceed $80,000 to <br />Allan Fainbarg, Trustee under the Fainbarg <br />Children's Trust as cost to cure damages for <br />reconstruction of improvements to real property <br />situated on Assessor Parcel No. 398-327-06. <br /> <br />2. <br />