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<br />. <br /> <br />. <br /> <br />. <br /> <br />3. <br /> <br />RESOLUTION <br /> <br />A. <br /> <br />SUBORDINATION OF AFFORDABLE HOUSING COVENANTS AND RESTRICTIONS <br /> <br />Redevelonment A2encv Action: <br /> <br />Adopt a Resolution: <br /> <br />RESOLUTION NO. 90-6 - A Resolution of the Community Redevelopment <br />Agency of the City of Santa Ana authorizing the Executive Director <br />of the Agency to subordinate affordable housing covenants and <br />restrictions pursuant to California Health and Safety Code Section <br />33334.14. <br /> <br />Redevelonment Commission Recommendation: Recommend that the <br />Redevelopment Agency adopt a resolution authorizing the Executive <br />Director of the Agency to subordinate affordable housing covenants <br />and restrictions pursuant to California Health and Safety Code <br />Section 33334.14, by a vote of 6:0 (Esparza absent). <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br /> <br />4. <br /> <br />EXCLUSIVE RIGHT TO NEGOTIATE <br /> <br />A. <br /> <br />EXTENSION OF EXCLUSIVE RIGHT TO NEGOTIATE ON THE C-8 SITE (Bounded <br />by Main Street, Santiago Creek and the 1-5 Freeway) <br /> <br />Redevelonment A2encv Action: Approve an extension of the Exclusive <br />Right to Negotiate with GriffinjRelated Properties for a l2-month <br />period for development of the C-8 site. <br /> <br />Redevelonment Commission Recommendation: This matter will be <br />presented to the Redevelopment Commission at its meeting of <br />June 19, 1990, and its recommendation will be verbally transmitted <br />to the Redevelopment Agency by staff at the Agency's meeting of <br />June 19, 1990. <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br /> <br />-2- <br />