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<br />. <br /> <br />. <br /> <br />. <br /> <br />Speakers: <br /> <br />1 (F/O) <br /> <br />2 (F/O) <br /> <br />3 (F/O) <br /> <br />The public hearing closes: <br /> <br />COMMUNITY REDEVELOPMENT AGENCY ACTION: <br /> <br />Motion: <br /> <br />Adopt a resolution: <br /> <br />1. <br /> <br />Resolution 97-2 - A resolution of the Community Redevelopment Agency <br />of the City of Santa Ana approving the Memorandum ofDnderstanding <br />(MOD) and Predevelopment Loan Agreement between the Agency and <br />Southland Economic Development Corporation dba Santa Ana <br />Development Company, pertaining to the implementation of a replacement <br />housing program and authorizing the Executive Director to execute, on <br />behalf of the Agency, the MOD and related documents. <br /> <br />2. <br /> <br />Adopt a resolution: <br /> <br />Resolution 97-3 - A resolution of the Community Redevelopment Agency <br />of the City of Santa Ana approving the Implementation Agreement <br />between the Agency and Southland Economic Development Corporation, <br />dba Santa Ana Development Company, pertaining to the sale offive <br />Agency-owned parcels and the construction thereon of five replacement <br />housing units; authorizing the Executive Director to execute, on behalf of <br />the Agency, the Implementation Agreement and related documents as <br />necessary; and making certain findings with respect thereto. <br /> <br />3. <br /> <br />Direct the Agency Attorney to prepare, and authorize the Chainman and the <br />Executive Director to execute an agreement with the Southland Economic <br />Development Corporation to utilize development equity for business <br />incentive programs. <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br /> <br />REDEVELOPMENT AGENCY AGENDA <br /> <br />-2- <br /> <br />FEBRUARY 3, 1997 <br />