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<br />NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS: <br /> <br />. <br /> <br />I. The Agency has considered all the terms and conditions of the proposed sale <br />and hereby finds and determines that the redevelopment of the Property pursuant to the <br />Agreement is in the best interest of the community and the health, safety and welfare of its <br />residents, and is in accord with the public purposes and provisions of the applicable state <br />and local laws. <br /> <br />2. The Agreement is hereby approved, and the Chairman of the Agency is <br />hereby authorized to execute the Agreement, with such non-substantive changes as may be <br />approved by Agency Counsel. <br /> <br />3. The Executive Director of the Agency is hereby authorized to take all steps, <br />and to sign all documents and instruments necessary to implement and carry out the <br />Agreement on behalf of the Agency. <br /> <br />4. The approval of the Agreement by the Agency, as hereinabove set forth, is <br />conditional upon the approval of the sale of the site upon the terms and conditions contained <br />therein by the City Council the City of Santa Ana. <br /> <br />ADOPTED this --1ui day of AU"UQt <br /> <br />, 1998. <br /> <br />8 <br /> <br />AYES: <br /> <br />MEMBERS: Espinoza, Franklin, Lutz, l1cGuigan, <br />Moreno, Richareson <br /> <br />MEMBERS: None <br /> <br />NOES: <br /> <br />ABSENT: <br /> <br />MEMBEIlS Pulido <br /> <br /> <br />ATIEST: <br /> <br />~~ <br /> <br />CynthiaJ. NeIsonExecutive <br />Director/Recording Secretary <br /> <br />~ <br /> <br />. <br />