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<br />. <br />. <br /> <br />RESOLUTION NO. 86-24 <br /> <br />A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF <br />THE CITY OF SANTA ANA APPROVING THE ASSIGNMENT BY MAIN <br />STREET PARTNERS OF ITS INTERESTS IN AN OWNER <br />PARTICIPATION AGREEMENT WITH THE AGENCY TO LINCOLN <br />TOWN CENTER ASSOCIATES. <br /> <br />WHEREAS, the Community Redevelopment Agency or the City or <br />Santa Ana entered into an "Owner Participation Agreement", on <br />August 20, 1985, with Main Street Partners. <br /> <br />WHEREAS, the said agreement requires the prior written <br />approval or the Agency ror the assignment or the said Owner <br />Participation Agreement; and <br /> <br />WHEREAS, Main Street Partners now desire to assign all its <br />right, title and interest in and to the said Owner <br />Participation Agreement to Lincoln Town Center Associates and <br />the Agency has no objection to such -assignment. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY REDEVELOP- <br />4IÞ MENT AGENCY OF THE CITY OF SANTA ANA AS FOLLOWS: <br /> <br />1. The assignment by Main Street Partners or its right, <br />title and interest in and to the abovesaid Owner Participation <br />Agreement to Lincoln Town Center Associates is hereby approved. <br /> <br />2. The Chairman is authorized to sign a consent to such <br />assignment on behalr or the Agency. <br /> <br />ADOPTED this <br />rollowing vote: <br /> <br />17th <br /> <br />day or <br /> <br />June <br /> <br />, 1986, by the <br /> <br />AYES: <br /> <br />NOES: <br /> <br />MEMBERS:Acosta, Johnson, Luxembourger, <br />McGuigan and Young <br />MEMBERS: None <br /> <br />ABSENT: <br /> <br />MEMBERS:Griset and Hart <br /> <br />. Tlil~ <br /> <br /> <br />Executive Director and <br />Recording Secretary <br /> <br />~ <br /> <br />Daniel E. Griset, Chairman <br /> <br />APPROVED AS TO FORM: <br /> <br />. <br /> <br />