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<br />. <br /> <br />, <br /> <br />, <br /> <br />REL:adg-9 <br />10/14/85 <br /> <br />RESOLUTION NO. 85- 45 <br /> <br />A RESOLUTION OF THE COMMUNITY REDEVELOPMENT <br />AGENCY OF THE CITY OF SANTA ANA APPROVING <br />AN AGREEMENT BETWEEN THE AGENCY AND ACE <br />MUFFLER AND TRANSMISSION, INC., ET AL. <br /> <br />WHEREAS, the Community Redevelopment Agency of the <br />City of Santa Ana is engaged in activities necessary to ex- <br />ecute and implement the Redevelopment Plan for the Santa Ana <br />Redevelopment Project and the Redevelopment Plan for the <br />Santa Ana Inter City Commuter Station Project¡ and <br /> <br />WHEREAS, in order to implement the Redevelopment <br />Plans, the Agency proposes to sell certain real property in <br />the Santa Ana Inter City Commuter Station Project Area, pursuant <br />to the terms and provisions of that certain "Owner Participation <br />Agreement" between the Agency and Ace Muffler and Transmission, <br />Inc., Miguel Armando Pulido, Miguel Angel Pulido, Marisol Pulido, <br />Jose Pulido and Luis Pulido, which is on file in the office of <br />the Executive Director of the Agency, in which said real property <br />(hereinafter referred to as the "Site") is described¡ and <br /> <br />WHEREAS, the proposed Agreement contains all the <br />provisions, terms, conditions and obligations required by state <br />and local law¡ and <br /> <br />WHEREAS, the Agency has prepared, reviewed and con- <br />sidered a Summary Report setting forth the cost of the Agreement <br />to the Agency, the estimated value of the interests to be con- <br />veyed determined at the highest uses permitted under the Re- <br />development Plans, and the purchase price, and made said sum- <br />mary Reports available for public inspection in accordance with <br />the California Community Redevelopment Law¡ and <br /> <br />WHEREAS, pursuant to the provisions of the California <br />Redevelopment Law, the Agency and the City Council have held a <br />duly noticed joint public hearing on the proposed sale of the <br />Site and the proposed agreement¡ and <br /> <br />WHEREAS, the Community Redevelopment Agency of the <br />City of Santa Ana has prepared an Initial Study of the environ- <br />mental impact of the proposed agreement¡ and <br /> <br />WHEREAS, the Agency has reviewed and considered the <br />above said Initial Study and the final Environmental Impact <br />Reports for the Redevelopment Plans¡ and <br />