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<br />. <br /> <br />. <br /> <br />. <br /> <br />4. <br /> <br />AGREEMENTS <br /> <br />A. <br /> <br />AGREEMENT FOR THE ACQUISITION OF REAL PROPERTY -- 2ll N. MAIN <br />STREET (PROJECT NO. 9140) <br />(This item was continued from the meeting of June 18, 1991) <br /> <br />Recommended Action: <br /> <br />1. <br /> <br />Approve an Appropriation Adjustment recognizing $125,000 in <br />unanticipated revenue in the Central City project area and <br />appropriating same for the acquisition of the subject <br />property. <br /> <br />2. <br /> <br />Direct the Agency Attorney to prepare, and authorize the <br />Chairman and Executive Director to execute, an agreement <br />with Portola Ventures for the acquisition of real property <br />commonly known as 211 N. Main Street, in the amount of <br />$275,000. <br /> <br />Redevelooment Commission Recommendation' Recommend that the <br />Redevelopment Agency direct the Agency Attorney to prepare, and <br />authorize the Chairman and Executive Director to execute, an <br />agreement with Portola Ventures for the acquisition of real <br />property commonly known as 2ll N. Main Street, in the amount of <br />$350,000, by a vote of 4:0 (Esparza, Nalle and Stiens absent). <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br /> <br />B. <br /> <br />AGREEMENT WITH THE COUNTY OF ORANGE FOR REIMBURSEMENT OF CERTAIN <br />REGIONAL TRANSPORTATION CENTER AREA SPECIFIC PLAN COSTS <br /> <br />Recommended Action: Direct the Agency Attorney to prepare, and <br />authorize the Chairman and Executive Director to execute, an <br />agreement with the County of Orange for reimbursement of certain <br />Regional Transportation Area Specific Plan costs not to exceed <br />$81,690. <br /> <br />Redevelooment Commission Recommendation' Recommend that the <br />Redevelopment Agency direct the Agency Attorney to prepare, and <br />authorize the Chairman and Executive Director to execute, an <br />agreement with the County of Orange for reimbursement of certain <br />Regional Transportation Area Specific Plan costs not to exceed <br />$81,690, by a vote of 6:0 (Esparza absent). <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br /> <br />-3- <br />