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<br />I- <br />. <br /> <br />. <br /> <br />-- <br /> <br />2.A. (Continued) <br /> <br />RedeveloDment Aeencv Action' <br /> <br />Motion: <br /> <br />Approve a loan through the Nonprofit Loan Pool Program to Mercy <br />House in an amount not to exceed $128,200 to finance the <br />acquisition and rehabilitation of 1505 and 1509 North Bush <br />Street. <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br /> <br />3.A. <br /> <br />RESOLUTION - DEFERRED LOAN REFINANCING - 505 NORTH MAIN STREET <br /> <br />RedeveloDment Commission Recommendation' <br /> <br />Recommend that the Community Redevelopment Agency adopt a resolution <br />authorizing the refinancing of the 505 North Main Street deferred loan, by a <br />vote of 5:0 (Alleman absent, one vacancy). <br /> <br />RedeveloDment Aeencv Action: <br /> <br />Motion: <br /> <br />Adopt a resolution: <br /> <br />RESOLUTION 92-11 - A resolution of the Community Redevelopment <br />Agency of the City of Santa Ana authorizing the refinancing of <br />a rehabilitation loan secured by property located at 505 North <br />Main Street. <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br /> <br />4.A. <br /> <br />AMENDED LOAN TO CIVIC CENTER BARRIO HOUSING CORPORATION FOR 201 <br />NORTH RAITT STREET <br /> <br />RedeveloDment Commission Recommendation: <br /> <br />Recommend that the Community Redevelopment Agency: <br /> <br />1. <br /> <br />Approve an amendment to the Infill New Construction Loan <br />Agreement with Civic Center Barrio Housing Corporation for its <br />project located at 201 North Raitt Street for a total amount <br />of $284,000. <br /> <br />2. <br /> <br />Approve a short-term loan with Civic Center Barrio Housing <br />Corporation for its project located at 201 North Raitt Street <br />for a total amount of $50,000. <br /> <br />By a vote of 5:0 (Alleman absent, one vacancy) <br /> <br />"'-'" <br /> <br />REDEVELOFIIENT AGENCY AGENDA <br /> <br />-2- <br /> <br />AUWST 18, 1992 <br />