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<br />. <br /> <br />. <br /> <br />. <br /> <br />6. <br /> <br />7. <br /> <br />AGREEMENT <br /> <br />A. <br /> <br />AGREEMENT FOR THE ACQUISITION OF REAL PROPERTY - - 211 N. MAIN <br />STREET (PROJECT NO. 9140) <br /> <br />Redevelooment AEency 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 />$350,000. <br /> <br />Redevelooment Commission Recommendation: <br />Redevelopment Agency: <br /> <br />Recommend that the <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 />$350,000, by a vote of 4:0 (Esparza, Na11e and Stiens <br />absent) . <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br /> <br />MISCELLANEOUS <br /> <br />A. <br /> <br />AGENCY SECRETARY REPORT <br /> <br />Redevelooment AEencv Action: <br />enter into the Minutes: <br /> <br />Instruct the Agency Secretary to <br /> <br />Pursuant to Government Code Section 54954.2, the Agenda for the <br />May 21, 1991 Regular Meeting of the Community Redevelopment <br />Agency was posted on the door of the Council Chambers, 22 Civic <br />Center Plaza, Santa Ana at 10 a.m. on May 17, 1991. <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br /> <br />-5- <br />