1998-19 CRA - Laserfiche WebLink

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. . . WHEREAS, pursuant to Section 33334.2 (g) of the Community Redevelopment Law, the Agency may use Housing Funds to assist in the provision of housing for low- or moderate-income households outside the Redevelopment Project area if such use will be of benefit to the Redevelopment Project; and / WHEREAS, the Agency has used Housing Fu s to purchase certain real property located at 1235 S. Parton the "Property"), which is located outside the Redevelopment pro'ect area; and WHEREAS, the Agency proposes Rigoberto and Maria Castro; and to the to Property WHEREAS, the Agency has duly consi red all of the terms and conditions of the proposed sale, and elieves that the proposed sale is in the best interests of the ity and the health, safety, morals and welfare of its reside s, and in accord with the public purposes and provisions of plicable state and local laws and requirements; and WHEREAS, this Agency ha held a public hearing on the proposed Project and the A eement as required for a small housing project by Sect on 33433(c) of the Community Redevelopment Law, after ving duly provided notice of such public hearing in accordan e with state law. NOW, THEREFORE, Redevelopment Agency of RESOLVED by the Community of Santa Ana as follows: 1. The Agency re ognizes that it has received and heard all oral and wri ten objections to the proposed sale, and to other matte s pertaining to this transaction, and that all such oral and written objections are hereby overruled. 2. y hereby finds and determines that the Recitals above are true and correct. 3. The Ag ncy hereby finds and determines that the sale of the P operty will provide housing for low- or moderate- persons. 4. The Agency hereby approves the sale of the Property. 5. The Executive Directqr of the Agency or designee is hereby authorized, on behalf of the Agency, to execute such documents that are to be signed by the Agency in