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. I I RESOLUTION NO. 85- 43 PAGE TWO WHEREAS, pursuant to the provisions of the California Redevelopment Law, the Agency and the City Council have held a duly noticed joint public hearing on the proposed sale of the Site and the proposed Amended Agreement¡ and WHEREAS, THE Community Redevelopment Agency of the City of Santa Ana has prepared an Initial Study of the environ- mental impact of the proposed Amended Agreement¡ and WHEREAS, the Agency has reviewed and considered the above said Initial Study and the final Environmental Impact Reports for the Santa Ana Redevelopment Plan and the Santa Ana Inter City Commuter Station Redevelopment Plan¡ and WHEREAS, said Initial Study conforms to the require- ments of the California Environmental Quality Act of 1970 (Public Resources Code, Section 21000 et ~.) the "Guide- lines for the Implementation of the California Environmental Quali ty Act of 1970, II as amended, adopted by the Secretary for Resources of the State of California, and procedures for implementation of the Environmental Quality Act of 1970 adopted by the Agency¡ NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS: 1. The Agency has considered all the terms and conditions of the proposed sale and hereby finds and determines that the redevelopment of the Property pursuant to the said Amended Agreement is in the best interest of the City and the health, safety and welfare of its residents, and is in accord with the public purposes and provisions of the applicable state and local laws. 2. The said Amendment is hereby approved, and the Chair- man of the Agency is hereby authorized to execute the said Amendment and the Grant Deed pertaining to the Amended Agreement. 3. The Executive Director is hereby authorized to take all steps, and to sign all documents and instruments necessary to implement and carry out the said Amended Agreement on behalf of the Agency. 4. The Agency finds and determines that the Environ- mental Impact Reports (EIR's) prepared for the Redevelopment Projects are adequate for approval of the Amended Agreement, and that preparation of an additional Environmental Impact Report is not necessary for the following reasons: (a) Implementation of the Amended Agreement does not represent any change in the Redevelopment Projects¡ nor does it involve any new significant environmental impacts other than those considered in the EIR's,