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<br />. <br /> <br />. <br /> <br />. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS: <br /> <br />1. The Agency has considered all the terms and conditions of <br />the proposed sale and hereby finds and determines that the <br />redevelopment of the Property pursuant to the Agreement is in the <br />best interest of the community and the health, safety and welfare <br />of its residents, and is in accord with the public purposes and <br />provisions of the applicable state and local laws. <br /> <br />2. The Agreement is hereby approved, and the Chairman of the <br />Agency is hereby authorized to execute the Agreement, with such <br />non-substantive changes as may be approved by Agency Counsel. <br /> <br />3. The Executive Director of the Agency is hereby authorized <br />to take all steps, and to sign all documents and instruments <br />necessary to implement and carry out the Agreement on behalf of the <br />Agency. <br /> <br />4. The approval of the Agreement by the Agency, as <br />hereinabove set forth, is conditional upon the approval of the sale <br />of the site upon the terms and conditions contained therein by the <br />City Council the City of Santa Ana. <br /> <br />ADOPTED this <br /> <br />day of <br /> <br />ADril <br /> <br />, 1997. <br /> <br />21st <br /> <br />AYES: <br /> <br />MEMBERS: <br /> <br />ESPINOZA, FRANKLIN, LUTZ, MCGUIGAN, <br />MORENO, PULIDO, RICHARDSON <br />None <br /> <br />NOES: <br /> <br />MEMBERS: <br /> <br />ABSENT: <br /> <br />MEMBERS <br /> <br />None <br /> <br />ATTEST: <br /> <br />~~ 9;wø- <br /> <br />Cynthia J. Nelson Executive <br />Director/Recording Secretary <br /> <br />~~ <br /> <br /> <br />2 <br />