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. . . . . .' > REL:adg-5a 11/6/86 RESOLUTION NO. 86-59 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA APPROVING AN AGREEMENT BETWEEN THE AGENCY AND KIRK S. EVANS, INC. WHEREAS, the Community Redevelopment Agency of the City of Santa Ana proposes to sell certain real property pursuant to the terms and provisions of that certain "Disposi- tion and Development Agreement" between the Agency and Kirk S. Evans, Inc., which is on file in the office of the Executive Director of the Agency, in which said real property (hereinafter referred to as the "Site") is described; and WHEREAS, Kirk S. Evans, Inc. has submitted to the Agency a written offer in the form of said Agreement to purchase the Site; and WHEREAS, the proposed Agreement contains all the provisions, terms, conditions and obligations required by state and local law; and WHEREAS, the Agency has prepared, reviewed and con- sidered a Summary Report setting forth the cost of the Agreement to the Agency, the estimated value of the interests to be con- veyed, and the purchase price, and made said Summary Report available for public inspection in accordance with the California Community Redevelopment Law; and 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 agreement; 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 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.